Team USA will take the court Wednesday for the second time at the Tokyo Olympics when it plays Iran in the second game of its Group A play.
While Team USA is an overwhelming favorite to ease by Iran, France put a significant chink in the team’s armor with its upset victory on Sunday.
Team USA began the Olympics as the -1000 favorites by PointsBet to claim the men’s basketball gold medal. Those odds have now lengthened to -250 at PointsBet and Team USA is being offered at -220 by DraftKings.
The next-shortest gold medal odds belong to Australia, which is now being offered at +800 by PointsBet after opening at +1000. Australia’s odds are shorter at +625 by DraftKings.
France and Spain have each seen their odds shorten to +900 at both sportsbooks, with Luka Doncic and Slovenia now the third betting favorite at +850 at DraftKings.
Gold Medal Winner Price Adjustments (PointsBet):
USA
- Opening odds = -1000
- Current odds = -250
Australia
- Opening odds = +1000
- Current odds = +800
France
- Opening odds = +2000
- Current odds = +900
Italy
- Opening odds = +5000
- Current odds = +2500
Nigeria
- Opening odds = +15000
- Current odds = +5000
Spain
- Opening odds = +1400
- Current odds = +900
Slovenia
- Opening odds = +2500
- Current odds = +1000
Team USA being backed by 83 percent of the bets and 96 percent of the money at -9000 to beat Iran (0-1) on Wednesday. As a 42-point underdog, however, Iran’s spread line is being backed by 58 percent of the bets.
Team USA’s third Group A game will be Saturday against the Czech Republic (1-0), which is a 9.5-point underdog ahead of its game against France on Wednesday.
–Field Level Media (@FieldLevelMedia)
