Olympic Basketball Odds: Spain, Australia Top Threats to USA for Gold

Spain should be considered a serious threat to Team USA's Gold Medal chances.
Spain should be considered a serious threat to Team USA's Gold Medal chances. | Ethan Miller/Getty Images

It’s been a long two weeks for Team USA. First it lost back-to-back exhibition games, then Bradley Beal and Kevin Love left the team. The Americans have been scrutinized and questioned heading into the Olympics with the team not looking like its at its peak. 

Despite the troubles, Team USA is still the massive favorite (-500) to win Gold at the Olympics. However, there are two teams that can pose trouble for the Americans.

WynnBET has Spain and Australia as the top two threats to the United States. Spain is +1000 with Australia a close third at +1200.

Spain is coming off an exhibition game with the United States, losing 83-76, which it was a 10-point underdog for. For Spain, being near the top of the Olympic competition is nothing new. Spain has stood on the podium for the last three Olympics, being runner-ups in 2008 and 2012. 

Australia is trying to make history in the 2021 Olympics. The Australians have never medaled in their Olympic history. Yet this could be the year Australia takes the ultimate jump and gets on the podium for the first time. The Australians have been gaining steam in the years leading up to these Olympics. Team Australia won Gold at the FIBA Asia Cup in 2017 and is currently ranked No. 3 in the world. 

Both teams are filled with NBA talent, which makes their teams interesting bets. One advantage that these teams have over the United States is that they have played international basketball together before.

Each iteration of Team USA is filled with new players and has a lot of turnover (which is expected over the course of four years). Nevertheless, the continuity for Spain and Australia is evident and gives them a leg up in their hopes to upset the Americans in Tokyo. 


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