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The United States celebrates winning the gold medal as we examine the latest Women's Olympic Basketball Tournament odds for the Paris 2024 Olympics in France.
The United States celebrates winning the gold medal against Japan in the women's basketball gold medal match. Photo by James Lang / USA TODAY Sports via Imagn.

The last time Team USA lost a game at the Olympics, A'ja Wilson wasn't even born yet. She'll lead the way for the U.S. national team this summer in its pursuit of a record-setting eighth consecutive gold medal at the 2024 Women's Olympic Basketball Tournament in Paris.

The Americans are -1200 favorites by the latest women's Olympic basketball odds from our best sports betting sites, implying a 92.31% chance they'll extend a gold medal streak that dates back to the 1996 Olympics in Atlanta. Team USA has won 55 straight games entering this year's tournament, which begins Sunday, July 28 with the gold medal game on Sunday, Aug. 11.

This year's team features four players from the Las Vegas Aces, the favorites by the WNBA championship odds, across a 12-player roster with a combined 15 Olympic gold medals and 55 WNBA All-Star appearances. It notably does not include rookie Caitlin Clark, who could find her way onto the roster as a top alternate.

Here's everything you need to know before betting on the Women's Olympic Basketball Tournament this summer. For more on the men's side, be sure to check out our 2024 Men's Olympic Basketball odds and favorites.

2024 Women's Olympic Basketball Tournament odds, betting lines

(Odds via DraftKings as of July 8)

Japan vs. USA (Monday, July 29)

  • Point spread: USA -16.5 (-110), Japan +16.5 (-110)
  • Moneyline: USA -2100, Japan +1100
  • Total: Over 165.5 points (-110), Under 165.5 points (-110)

USA vs. Belgium (Thursday, Aug. 1)

  • Point spread: USA -18.5 (-110), Belgium +18.5 (-110)
  • Moneyline: USA -2400, Belgium +1200
  • Total: Over 164.5 points (-110), Under 164.5 points (-110)

USA vs. Germany (Sunday, Aug. 4)

  • Point spread: USA -24.5 (-110), Germany +24.5 (-110)
  • Moneyline: USA -8000, Germany +2200
  • Total: Over 161.5 points (-110), Under 161.5 points (-110)
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2024 Olympic women's basketball odds

(Women's Olympic basketball odds from our best sports betting apps as of July 8 | 🔥 = best odds | ❄️ = worst odds)

USA-1400-1400-1200 🔥
Australia+2500 🔥+2200+2200
Belgium+3000 🔥+2000+2000
Japan+3000 🔥+2500+2500
Spain+3500 🔥+2500+2500
Canada+3500 🔥+2800+2800
Serbia+10000 🔥+6600+6600
Puerto Rico+15000+50000+50000
Nigeria+20000 🔥+10000+10000

2024 Olympic women's basketball favorites

USA (-1200)

When a team's longest odds represent a 92.31% chance of winning it all per our odds converter, it's hard to imagine betting on anyone else.

That's the case with Team USA, which currently boasts a 55-game win streak dating back to 1992 that includes seven consecutive gold medals since 1996. Few of those games have even been close, as the Americans have outscored opponents by 29.3 points per game over the last seven Olympic tournaments.

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The last time we saw the U.S. team in action, it beat eight opponents by 40.8 points per game en route to a fourth straight gold medal at the FIBA World Cup in Sydney, Australia. Its closest result was an 83-61 win over China in the final, and the Chinese figure to be the Americans' biggest competition this summer in Paris.

Every single player on this roster has won a gold medal at the Olympics or World Cup. Another win this year would give veteran Diana Taurasi her sixth gold, which would be the most by any basketball player in Olympic history, regardless of gender.

That will surely motivate this group to finish the job, as will the chance to break a tie with the U.S. men's team (1936-68) for the longest gold medal streak in any Olympic team sport. Godspeed to anyone betting against Team USA.

Best odds: -1200 via bet365 | Implied probability: 92.31%

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China (+2000)

All due respect to the Chinese national team, which would have a legitimate shot to win this tournament in a USA-free world. But it's hard to imagine a pathway to the gold for China or any other team in this field.

The Chinese made a strong case at the 2022 FIBA World Cup, where they went 4-1 in group play with all four wins coming by 36-plus points. But China lost to the Americans by 14 points in the group stage, and it fell by 22 when they met again in the final.

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Li Yueru, who led this team in scoring (14.8 PPG) at Tokyo 2020, returns alongside former WNBA players Han Xu (New York Liberty) and Li Meng (Washington Mystics), who both opted out of the 2024 season to focus on the Olympics.

There's enough size and skill on this squad to earn China's first Olympic medal in women's basketball since a 1992 runner-up finish in Barcelona. That came four years before Team USA's gold-medal reign, which seems unlikely to end this year.

Best odds: +2000 via BetMGM | Implied probability: 4.76%

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Australia (+2500)

After two straight Olympics without a medal, the Australians enter this year's competition ranked third in the FIBA world rankings. And they have the talent to make another run at the podium.

Australia hasn't medalled at the Olympics since securing bronze in 2012, but it finished third in the FIBA World Cup two years ago and placed second in the event in 2018. It also beat the Americans in an exhibition match ahead of Tokyo 2020, which is at least somewhat of a notch in the Opals' cap.

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Lauren Jackson, who won three WNBA MVPs and two championships with the Seattle Storm, looks poised to make one final run if the 43-year-old proves fit for the team. She's on the extended list of potential roster choices that includes all 12 players from the team that won bronze at the FIBA World Cup two years ago.

That includes current Storm star Ezi Magbegor, who could have a sneaky impact on this tournament with her smooth scoring ability and disruptive length defensively. It would take a miracle for this team to win gold, but with a favorable group draw and deep roster, don't be surprised if the Australians make a deep run.

Best odds: +2500 via DraftKings | Implied probability: 3.85%

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France (+2500)

The host country for these Olympics won bronze at Tokyo 2020, and it'll be among the biggest threats behind Team USA to medal in this year's competition.

The French are led by Marine Johannes and Gabby Williams, both of whom have WNBA experience in addition to their international resumes. Johannes is the more seasoned scorer of the two, though Williams is one of the best defenders in the entire field and led France in assists (4.5 APG) in the last Olympics.

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Even with those two, Les Braqueuses still rank seventh by the world rankings and lack the top-tier talent of some of the other top contenders in this field. That said, we saw Japan make a run to the finals at Tokyo 2020, and I wouldn't rule out a similar effort by this year's hosts.

Best odds: +2500 via BetMGM | Implied probability: 3.85%

My team to watch: Canada (+3500)

I'm genuinely surprised to see Canada dealing as a third-tier squad across our best sportsbooks, even with the lack of previous success at this stage.

Sure, the Canadian women's team has never medalled in Olympic play. But no other team (besides the U.S.) can boast the high-end roster talent on display for Canada, which could feature four WNBA players in Kia Nurse, Bridget Carleton, Aaliyah Edwards, and Laeticia Amihere for this summer's tournament.

Even with those four players unavailable for qualifying, Canada made the field in gutsy fashion and has medal ambitions alongside the men's team, which looks like a legitimate threat to Team USA's Olympic reign.

Best odds: +3500 via DraftKings | Implied probability: 2.78%

2024 Team USA basketball roster

PlayerWNBA teamPosition
A'ja WilsonLas Vegas AcesC
Alyssa ThomasConnecticut SunF
Breanna StewartNew York LibertyF
Brittney GrinerPhoenix MercuryC
Chelsea GrayLas Vegas AcesG
Diana TaurasiPhoenix MercuryG
Jackie YoungLas Vegas AcesG
Jewell LoydSeattle StormG
Kahleah CopperPhoenix MercuryF
Kelsey PlumLas Vegas AcesG
Napheesa CollierMinnesota LynxF
Sabrina IonescuNew York LibertyG

Will Caitlin Clark join Team USA roster?

The biggest question surrounding Team USA this summer isn't whether the Americans will win another gold medal. It's about who will help them do so.

Indiana Fever rookie Caitlin Clark was left off the initial 12-player roster for the Olympics when it was announced in early June - a group that clearly emphasized prior experience on the international stage. While USA Basketball doesn't officially name alternates, Clark and Connecticut Sun forward Brionna Jones would likely get the nod if a player can't go for the Olympics.

Clark was the only college player on Team USA's 14-player training camp roster in April, though she missed the final camp as her Iowa Hawkeyes advanced in the NCAA tournament. It's also hard to argue that she's one of the 12 best players in the available player pool for a team that's won seven straight gold medals.

That hasn't stopped fans and media members alike for decrying Team USA's decision to leave Clark off the roster, purely based on her popularity among women's basketball fans. Keep your eye on the current roster over the next few weeks in case an untimely injury opens up a spot for Clark - including on the 3x3 team.

Women's Olympic basketball groups

Group AGroup BGroup C
Puerto RicoFranceBelgium

Women's Olympic basketball schedule

  • July 28 - Aug. 4: Preliminary phase
  • Aug. 7: Quarterfinals
  • Aug. 9: Semifinals
  • Aug. 11: Bronze and gold medal games

Past Olympic basketball results, medal history

OlympicsGold medalSilver medalBronze medal
Tokyo 2020USAJapanFrance
Rio 2016USASpainSerbia
London 2012USAFranceAustralia
Beijing 2008USAAustraliaRussia
Athens 2004USAAustraliaRussia
Sydney 2000USAAustraliaBrazil
Atlanta 1996USABrazilAustralia
Barcelona 1992Unified TeamPeople's Republic of ChinaUSA
Seoul 1988USAYugoslaviaSoviet Union
Los Angeles 1984USARepublic of KoreaPeople's Republic of China
Moscow 1980Soviet UnionBulgariaYugoslavia
Montreal 1976Soviet UnionUSABulgaria

Women's Olympic Basketball Tournament FAQs

Who is the Women's Olympic Basketball Tournament favorite?

Team USA is the overwhelming betting favorite to win the Women's Olympic Basketball Tournament in Paris, France, with odds as short as -1400. Those odds represent an implied win probability of 93.33% that the Americans will take home their eighth straight Olympic gold medal, which would set a record for any team sport.

Who won the women's Olympic basketball gold medal last time?

Team USA won the gold medal in the 2020 Tokyo Olympics, marking their seventh straight gold medal dating back to 1996. The Americans have won 55 consecutive games in Olympic play entering this summer with zero losses since 1992.

When will the women's Olympic Basketball Tournament be decided?

The 2024 Paris Olympics will be held from Friday, July 26 through Sunday, Aug. 11. The women's basketball tournament will begin on Sunday, July 28, with the gold medal game set for Sunday, Aug. 11.

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