Betano is one of the most popular betting platforms, offering a wide range of markets, including major sporting events such as the Olympics. However, it’s common to have doubts about how to bet on the Olympics at Betano.
After all, there are many games and disciplines, which can cause some doubt in bettors, but don’t worry, because, in practice, the process is quite simple.
Your biggest concern should be with the amount of money you can bet. After all, we’re talking about bets, which may or may not bring a financial return. In other words, you can win, but you can also lose. That’s why you should never invest more money than you can afford to lose.
With that in mind, all you have to do is follow the step-by-step instructions to create your account, enter the amount you want to bet and choose the sports and the type of bet.
We’ll explain all the steps on how to bet on the Olympics at Betano below.
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How to bet on the Olympics at Betano?
The steps on how to bet on the Olympics at Betano are simple and intuitive:
- Create a Betano account
- Verify your account
- Deposit funds
- Navigate to “Olympic Games”
- Choose the sport
- Select the betting market
- Analyze the odds and place your bet
- Follow the event and manage your bets
Below, we detail how to carry out each of these steps so you can start betting on the Olympics at Betano.
1. Create a Betano account
The first step to betting on the Olympics at Betano is toregister at. But there are more strategic ways of doing this. After all, you can take advantage of some of the bonuses the platform offers.
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Fill in the necessary information, such as your name, e-mail address and personal details.
2. Verify your account
After registering, check your e-mail to confirm your account.
In some cases, you may need to provide documents to verify your identity.
3. Deposit funds
With the account registered and verified, we move on to the login phase and depositing funds.
Go to the “Deposits” section and choose your preferred payment method (credit card, bank transfer, pix, e-wallets, etc.).
Follow the instructions to add funds to your account.
Rest assured that your data is protected. This step is important so that you can place your bets in cash.
You can make a minimum deposit of R$50, which will be used for your bets.
It works like a “prepaid card”, you add money to the account and then use it to play your games.
4. Navigate to the “Olympic Games” section
With the money in your account on the Betano website, go to the sports betting section and look for “Olympics” or ” Olympic Games” in the sports menu.
The “Olympic Games” alternative is in the left-hand side menu on the Betano homepage.
When you click on it, you’ll see an image similar to the one we’ve shared below, with the list of available sports.
5. Choose the sport
To select the sport you want to bet on, such as athletics, swimming, gymnastics and others, simply click on the sport you want to bet on and evaluate the betting options.
This is an important step for those who want to learn how to bet on the Olympics at Betano, so take a look at the list of events and markets available.
Find out more at: All Olympic sports: see full list and description
6. Select the betting market
Within each sport, there are different types of bets, for example:
- Gold medal winner (champion).
- Silver or bronze medal winner.
- Performance of a specific athlete.
- Team results in team sports.
In some cases, such as sports like volleyball, basketball and soccer, you can bet on the winner of each match.
7. Analyze the odds and place your bet
Odds in online sports betting are odds that indicate the probability of a certain outcome occurring in a sporting event. They also determine the potential return for the bettor.
Represented numerically, odds are influenced by various factors, such as:
- performance of teams or athletes;
- history of matches;
- weather conditions, among others.
For example, odds of 2.00 mean that for every R$1 bet, the return will be R$2, i.e. double.
Lower odds indicate a higher probability of an outcome happening, while higher odds represent lower chances but offer higher returns.
After analyzing the odds, click on the desired bet to add it to your betting slip.
Enter the amount you want to bet and confirm your bet.
8. Follow the event and manage your bets
Follow the events live to see the progress of your bets, and use the “Cash Out” function if available, to close your bet before the end of the event and guarantee a profit or minimize losses.
Read also: How to bet on Betano in just 5 steps: a complete guide for beginners
How does multiple betting work?
The multiple bet, also known as the accumulator bet, allows you to combine several games in a single betting slip. This method significantly increases the potential return, but it also comes with a higher risk, as all the selections included must be successful for the entire bet to be a winner.
To place a multiple bet on the Olympics, check out the steps below:
1. choose the sports
Browse the Olympic betting section at Betano and select the events and markets you want to bet on.
For example, you can choose bets on different disciplines such as athletics, swimming and gymnastics.
2. Add selections to the Bet Coupon
To do this, click on the odds of the results you want to include in your multiple bet. Each selection will be added to your bet slip.
You can combine selections from different sports and markets, such as:
- the winner of a 100-meter race;
- the champion of a tennis tournament;
- the winning team in a basketball match.
3. Check the combined odds
The odds of each selection are multiplied together to calculate the total odds of the multiple bet.
For example, if you select three events with odds of 2.00, 1.50 and 3.00, the total odds will be 2.00 x 1.50 x 3.00 = 9.00.
4. Enter the bet amount
In the betting slip, enter the amount you want to bet on the multiple bet. The potential return will be displayed based on the combined odds.
5. Confirm your bet
Review your selections and the bet amount. If you’re satisfied, confirm the bet. You can follow the progress of your selections live or check the results later.
Tips for betting on the Olympics at Betano
What is the best way to bet at Betano?
Check out our tips on the best way to bet at Betano:
- Research the sport and athletes you want to bet on.
- Analyze theodds for different events and markets.
- Set a budget and never bet more than you can afford to lose.
- Take advantage of promotions and bonuses to maximize your return.
- Don’t put all your money on a single bet.
How can you increase your chances of winning money with a bet?
Check out the tips on how to bet on the Olympics at Betano and increase your chances of winning more:
- Research competition conditions, such as weather conditions, recent injuries to each athlete, and the teams’ past performances.
- Betano allows you to close your bets early to guarantee a profit or minimize losses.
- Use live betting. Live betting can be exciting and potentially lucrative, as it allows you to place bets while events are in progress, adjusting your choices based on live performance.
With this step-by-step guide and the tips on how to bet on the Olympics at Betano, you’re in for an exciting and potentially lucrative experience. However, be responsible with your money and never bet more than you can afford to lose. Place your bets carefully and strategically.
Open your Betano account and get up to 1,000 reais in bonuses.
PIX payments, live games and super odds!
Click here to open your account!
