Canada, Spain Underdogs on Olympic Soccer Gold Medal Odds

Notice! Actual odds are subject to change and are correct as displayed only at the time of publishing: 9:03 AM 04.08.2021.

Canada, Spain Underdogs on Olympic Soccer Gold Medal Odds

Canada will make their first-ever appearance in the Olympic women’s soccer gold medal game when they hit the pitch against Sweden on Friday as lengthy betting underdogs. The Canadian women’s national team enjoyed a breakthrough in their third straight trip to the semi-finals at the Olympic tournament with a stunning 1-0 upset win over the United States. Sweden makes a second straight appearance in the gold medal game after staying undefeated in this year’s tournament with a narrow 1-0 victory over Australia in semi-final action. Meanwhile, in Olympic men’s soccer action, Brazil enjoys a slender edge at the sportsbooks as they prepare to take on Spain in gold medal action on Saturday. Brazil narrowly escaped with a victory over Mexico on penalties in their semi-final clash, while Spain punch their ticket to the gold medal game for the first time since 2000 by knocking off host nation Japan by a 1-0 score.

CanadianBettingSites takes a look at all the odds and trends ahead of each of the gold medal games at this year’s Olympics. Sports bettors looking to get in on Olympic soccer action for the first time can refer to our betting guides to learn all they need to know to get the best out of their soccer betting experience.

Olympic Women's Soccer Gold Medal Game OddsSports InteractionBet99BetwayBetsafeFunbet
OVER 2.52.552.622.502.652.60
UNDER 2.51.451.471.471.451.45

Can Canada Complete Cinderella Run?

Canada will be aiming to extend their current win streak across all competitions to 10 matches when they battle Sweden in Friday’s gold medal contest. The Canadians are coming off one of the biggest victories in the history of the women’s program earlier this week, knocking off the heavily favoured Americans 1-0. However, the win has failed to buoy Canada’s position at the sportsbooks. Despite their tournament success and recent steady results when facing Sweden, a $20 bet on Canada at Betway (3.25) will bring a hefty $65 return. But considering the squad’s recent form, it is a bet worth serious consideration.

The Canadians have not filled the net while racking up a 5-4-0 win-draw-loss record over their past nine contests, including a 3-2-0 record so far at the Olympics, scoring more than one goal just once in their past seven matches. However, Canada have emerged as a defensive force during their current surge, keeping clean sheets on six occasions during their current surge while allowing just three total goals.

Swedes Filling the Net During Epic Unbeaten Streak

Canada will need more of that stingy play against Sweden, who look to Friday’s matchup at Japan national Stadium riding an epic 17-match unbeaten streak. Currently pegged at No. 5 on the FIFA women’s world rankings, Sweden sit perched as heavy favourites in Friday’s contest, with a $20 wager at Sports Interaction (1.41) producing a meagre payout of just 28.20.

The red-hot Swedes have gone 14-3-0 over their current tear, outscoring opponents by a wide 54-8 margin during that stretch. The squad has carried that high-powered play-over into the Olympics, averaging 2.6 goals per game. However, Sweden faced a surprisingly tough test in the semi-finals against Australia, who outshot them by a 13-9 margin and held a clear edge in possession. The Swedes have also managed to score more than a single goal just once while compiling a middling 2-1-3 in their past six dates with Canada across all competitions.

Of course, it is tough to underestimate Sweden’s potent offence, which has been led by Stina Blackstenius, who has potted four goals in four-game appearances. However, sports bettors looking to Canada to pull off the upset are likely best served by taking UNDER 2.5 in totals betting, with a $20 bet at Bet99 (1.47) producing a return of $29.40.

Olympic Men's Soccer Gold Medal Game OddsSports InteractionBet99BetsafeFunbet
OVER 2.52.492.602.60n/a
UNDER 2.51.471.501.50n/a

Brazil Poised to Repeat?

Over in the men’s soccer gold medal game, a pair of traditional global powerhouses clash as Brazil takes on Spain as a razor-thin favourite. The defending champions have not missed a beat since winning the Olympic goal on home soil back in 2016. The squad has racked up an impressive 13-5-0 record in non-friendly contests since the start of the 2016 Olympics in Rio, and have compiled a 4-1-0 record at this year’s tournament.

That has been good enough to maintain their edge at the sportsbooks going into Saturday’s matchup, with a $20 bet on Brazil repeating as gold medal winners at Funbet (2.75) paying out $55. However, despite their recent track record, the Seleção are far from a lock. The squad has struggled at times to generate offence at this tournament, scoring just five total goals since halftime of their tournament-opening 4-2 win over Germany. Those struggles carried over into their semi-final victory over Mexico, with Brazilian shooters failing to get a shot on goal during extra time.

Spain Buoyed by Timely Goals

Conversely, it has been timely scoring that has left Spain positioned to win gold on the soccer pitch for the first time since their victory on home turf at the 1992 Olympics in Barcelona. The Spaniards earned the top spot on the Group C table on the strength of a late goal that gave them a 1-0 win over Australia.

In addition, they clinched their berth in Saturday’s contest with a goal in extra time, which sealed a 1-0 win over Japan. Those heroics have not been overlooked by the oddsmakers, with a $20 bet on Spain claiming victory over Brazil in 90 minutes at Betsafe (3.00) generating a $60 return.