The last time the United States did not have the most medals in the Summer Olympics was 1992 when the Unified Team edged the Americans 112-108 and totaled eight more gold. Since then, Team USA has finished with the most medals in every Summer Olympics with more gold than any other country in 1996, 2000, 2004 and 2012.
The Americans are again listed as heavy -600 favorites (bet $600 to win $100) to win the most gold in next month’s Rio Summer Olympics at online sportsbook Bovada.
The main competition for the U.S. is China, the country that ended up with more gold when hosting the 2008 Summer Olympics in Beijing. The Chinese topped the Americans 51-36 in gold then, and they are the +325 second choice (bet $100 to win $325) to have the most in Rio.
However, Team USA still had more medals overall that year with 110 to 100 for China. In 2012, the Chinese had eight less gold than the Americans, who had a 46-38 edge and a 103-88 advantage overall in total medal count.
In addition, the Over/Under for total U.S. medals this year is listed at 103.5, with the Over (-125) currently favored versus the Under (-105). For gold, the O/U is 42.5 for the Americans, a number they have failed to top in three of the past four Summer Olympics. Considering that fact, it’s no surprise to see the Under (-125) as a slight favorite against the Over (-105).
Since 1984, Team USA has topped that total twice (1996 and 2012). It’s also not shocking that two of the last three times the Americans had more than 42.5 gold medals came when they hosted the Summer Olympics (1984 and 1996).
The other countries in the mix to win the most gold medals all have to be considered longshots. Great Britain is the +2000 third choice behind the U.S. and China followed by Russia (+5000), Germany (+6600), Australia (+6600), Japan (+7500), France (+7500) and South Korea (+8000)
Host Brazil is not even on the betting board while Canada’s O/U for gold is 2.5 with the country’s overall medal count total listed at 17.5. In both cases, the Over is favored to cash on those small numbers for the Canadians.