Summer Olympics 2012 Making Summer Sizzle

07/27/12 1:36 PM

This year’s Summer Olympics are heating up rapidly, as the official opening ceremony will be held Friday night, July 27. Basketball, gymnastics and swimming are always hotbeds of world record-breaking performances every four years, and this year in London should be no exception. The largest multisport competition in the history of the United Kingdom runs from July 27 through August 12, and London has been gearing up for this event since they were awarded the venue back in 2005. The games officially start Saturday, July 28, when the most watched multisport competition in the history of sport hits the airwaves and Internet with its 2012 edition. Sport lovers worldwide will be tuning in with patriotic fervor, cheering for their home country’s athletes as they strive for Olympic gold.

One of the most hotly contested and heavily wagered events in the 2012 Summer games will take place on the hard court. Men’s basketball is one of the premier competitions during every Summer Olympics, and this year in London is no exception. The United States men’s basketball team has five gold medals and two bronze medals in their last seven Summer Olympic Games, most recently taking the gold medal in Beijing in 2008, and uncharacteristically taking bronze in Athens in 2004.

The US women’s team has won six out of the last seven gold medals in Summer Olympic Games dating back to Los Angeles in 1984, their only bronze coming in the 1992 Barcelona games. Vegas odds on Summer Olympics basketball medal winners have both the US men’s and women’s teams as odds-on favorites to take the gold, but as ’92 showed for the women, and ’04 for a dominant men’s team, the high level of Olympic competition means anything is possible. Fortunately for the US, the powerful Spain team that is also considered a possible gold-medal winner is in a separate basketball pool, and can only meet the United States in the elimination rounds.

In popular individual sports, there is no doubt that wagering on Michael Phelps and the number of gold medals he will win in London swimming pools this year will be a hot topic. The young swimming phenom has twice tied the individual record of eight medals at one Olympic games, winning eight each at Athens and Beijing. Phelps is only competing in seven events in this year’s 2012 Summer Olympics in London, and his 16 individual Olympic medals is second only to retired Soviet gymnast Larisa Latynina who won 18 in three renewals of the Games. 14 of Phelps’ 16 medals are gold, which is an all-time Olympic record.

The US women’s gymnastics team was the 2011 world champion team, and are the early favorites to win gold in the team gymnastics events. And in women’s singles all-around gymnastics competition, Vegas odds on Jordyn Wieber winning gold for the USA show her to be the favorite in that event. In men’s gymnastics, both at the individual and team levels, it appears that the 2012 Summer Olympics offer a chance for some team to break China’s recent stranglehold on Olympic gold in that sport. Gymnastics teams are reduced to five team members for the London Olympics, and that leaves much of the talent at home for China.

Can the United States or some other country take home the gold in one of the most popular Summer Olympics events this year? You’ll only know if you watch, and if you are looking for 2012 Summer Olympics results or odds, you’ve come to the right place. Vegas Odds On will continually update odds and lines on individual and team Olympics competition, provide late breaking results here 24/7, and offer links to safe and reliable online websites where you can place a wager on your favorite team or individual athlete.

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