Olympics Betting Suggest Aussie’s Are Headed For Gold Medal Disappointment

With less than 100 days to go until the London Olympics, Australia may have to settle for less gold medals than they did in 2008, priced at $3.25 to win 12-13 gold with online bookmaker sportsbet.com.au.

10-11 medals is next in the market at $3.50, while equaling or beating our haul of 14 in 2008 and winning 14-15 gold has been priced at $4.00.

If the Aussies win less medals than expected, 8-9 gold medals is priced at $6.50, 6-7 gold medals $11 and five or less an outside chance at $26.

On the other hand if expectations are exceeded, 16-17 gold is priced at $9.00, 18-19 at $17 and 20 or more at $26.

“We seem bullish about how many gold we will win, but the market suggests we will fall just short of last year’s tally of 14 gold,” said sportsbet.com.au’s Shaun Anderson.

“While it looks unlikely we will have a disappointing Games, unfortunately it doesn’t look like we will be coming home with a full bag of gold either.”

In the overall medals tally, it also looks likely Australia will fall short compared to last year’s total of 46, priced at $2.00 to win between 31-40 medals.

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How many gold medals will Australia win at the London Olympics?

$3.25 12 or 13
$3.50 10 or 11
$4.00 14 or 15
$6.50 8 or 9
$9.00 16 or 17
$11 6 or 7
$17 18 or 19
$26 5 or less
$26 20 or more

How many overall medals will Australia win at the London Olympics?

$2.00 31-40
$3.50 21-30
$3.75 41-50
$13 11-20
$13 51-60
$51 10 or less
$51 61 or more