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Olympics men’s football winner odds: The leading contenders

| 20.07.2021

Guide to the favourites in the outright betting

The past three Olympic Games have featured three different winners and we are taking a look at the Olympics men’s football winner odds.

Host country Brazil took the most recent gold medal in the 2016 Olympics, Mexico took the top prize in 2012, and Argentina came out on top in 2008.

We look at the leading contenders from the 16 qualifying teams for the competition which is scheduled to start on July 22 and conclude with the final in the Yokohama International Stadium, Japan, on August 7.


In Group C with Australia, Egypt and Argentina, Spain are the favourites in the Olympics men’s football winner odds at 2/1.

Spain’s squad includes Barcelona duo Oscar Mingueza and Pedri, RB Leipzig’s Dani Olmo, Villarreal’s Pau Torres, Real Madrid duo Marco Asensio and Dani Ceballos, and Athletico Bilbao keeper Unai Simon.

Olympic champions as hosts in 1992, they won silver in Sydney 2000, but have not won a medal since.

The core of Luis de la Fuente’s squad won the European Under-21 Championship in 2019 and should they top the group, they will face the Group D runner-up, which could mean a clash with Brazil or Germany.


The holders play in Group D along with Germany, Ivory Coast and Saudi Arabia and are 11/4 to win the tournament.

While there is no Neymar in the squad, Everton forward Richarlison, Aston Villa’s defensive midfielder Douglas Luiz and Arsenal’s Gabriel Martinelli are among the stars on show for the South Americans.

Runners-up in 2012, we can expect Andre Jardine’s squad to again be among the front-runners for gold while they also have a chance in the women’s tournament.


Sylvain Ripoll’s squad are favourites to win Group A which contains hosts Japan, Mexico and South Africa, and are third favourites in the Olympics men’s football winner odds at 5/1.

With each squad allowed three over-aged players, France selected World Cup winner Florian Thauvin and 35-year-old striker Andre-Pierre Gignac, both of Tigres, plus 29-year-old Montpellier midfielder Teji Savanier.

The squad draws heavily from Ligue 1 but just three of Ripoll’s European U21 Championship squad are included.


The hosts did not have to qualify but have won three of their warm-up games against some decent opposition in Argentina, Ghana and Jamaica.

Liverpool refused to release Takumi Minamino but Japan have a deep squad including Takefusa Kubo, who spent his formative years with Barcelona but has yet to make his full debut for Real Madrid.

Japan’s odds are 8/1 and while in a tough group, they could surprise.


El Albiceleste seek a third Olympics men’s football gold and are stronger than the squad that saw them through qualifying, when all but three players were located domestically.

Now their 22 players come from eight different countries and they have had two good warm-up wins over Denmark and Saudi Arabia.

Expect diminutive number 10 Thiago Almada to attract plenty of attention if Argentina go a long way to justifying their 9/1 odds.


Brazil famously defeated Germany on penalty kicks at the Maracana Stadium to win gold on home soil in 2016, and they clash on the opening day of the tournament.

Germany are 10/1 to win gold and, like Brazil, are also expected to get out of Group D, regardless of the opening group game’s result.

South Korea

Group B looks the easiest of the four, also comprising Honduras – who eliminated the USA in qualifying – New Zealand and Romania.

They hold a similar chance to the side that went well in London 2012, with manager Kim Hak-Bum recalling most of the squad that won the 2020 AFC Under-23 Championship.

Their Olympics men’s football winner odds are 20/1 and possessing a good mix of senior international players and emerging talent, South Korea may go a long way.


Winners in London 2012 after a penalty shoot-out with Brazil, they exited at the group stage in Rio 2016.

All but two members of Jaime Lozano’s 2021 squad play their club soccer domestically in Liga MX. Real Betis winger Diego Lainez, who has scored three times in 14 appearances for the senior national team, adds star power, along with veteran World Cup keeper Guillermo Ochoa.

Mexico are 40/1 to bring home the gold.

View the latest Olympics men’s football odds

All odds and markets correct as of date of publication



Simon Milham