🇺🇸 Star-Spangled Banger

Can US men's basketball team take home fifth straight gold medal?

July 26, 2024

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The summer is typically a slow season for sports. Sure, we have baseball and golf, and the ramp-up to the start of NFL season is always interesting. But the day-to-day sports calendar is far less populated than during other seasons.

That changes once every four years.

Matt LaMarca

The Summer Olympics will kick off on Friday, and it brings a host of sports betting opportunities to the table. Want to bet on stuff like archery, badminton, and canoeing? It’s 100% possible. Matthew Freedman and Jason Weingarten did a great job breaking down some of the ins and outs of betting on the Summer Olympics.

Of course, there’s also Olympic basketball. Team USA will square off against 11 other nations to try to bring home the gold for the fifth straight time. Since the Dream Team debuted in 1992 – and NBA players were allowed to compete – the US has failed to win the gold medal only once.

However, it feels as though the gap between the USA and the rest of the world is shrinking. They dropped a game at the 2020 Olympics before eventually taking home gold, and they’ve had some sketchy results in their 2024 tune-ups. The US roster is also aging, with their three most important players (LeBron James, Kevin Durant, and Steph Curry) all on the backside of their careers.

Can anyone prevent the US from taking home the gold in Paris, or will the Americans steamroll their way to another victory? Let’s dive into everything you need to know.

What’s in today’s newsletter?

  1. Best bets for men’s Olympic basketball

  2. Mark Drumheller’s favorite options for UFC 304

  3. Watercooler: Dylan Cease gets his lick back

BEST BETS FOR MEN’S OLYMPIC BASKETBALL

Best Bets for Men’s Olympic Basketball

USA to Win Gold Medal (-400; FanDuel)

The USA is the deserving favorite to win the gold medal. The question is – at what point does this bet stop becoming a value?

They’re priced at -500 across most of the industry, but there is a -400 available at FanDuel. That seems a smidge low to me. -400 translates to an implied probability of 80%, and the US has won gold in seven of eight Olympics with NBA players (87.5%).

The gap between the US and the field has narrowed, but this is not the same situation as when the team settled for bronze in 2004. They did not send their A-team to Athens, but we will undoubtedly have our best squad in Paris.

On paper, this team compares favorably to whatever previous version of USA basketball you want to compare it to. LeBron, Curry, and Durant are an amazing big three. Jayson Tatum and Anthony Davis are top-10 players worldwide. They have an excellent group of youngsters (Anthony Edwards, Tyrese Haliburton) and role players (Jrue Holiday, Bam Adebayo, Derrick White) to help fill the gaps. The US even managed to steal Joel Embiid away from Cameroon!

Are there some scenarios where this team fails to bring home the gold? Sure. But are there way more scenarios where this team absolutely dominates. You bet.

Whatever weaknesses this team may have with international basketball should be easily masked by pure raw talent. Expect a fifth straight gold medal.

Winner Without USA – Germany (+800; DraftKings)

I understand that betting a -400 favorite isn’t for everyone. Still, that’s the only bet I’m willing to make on the actual gold medal winner.

However, DraftKings does offer a “winner without” category, meaning that you can bet on which team will go furthest after the United States. If the US wins gold, whoever wins silver will win in this market.

Canada and France are the two favorites in this department, but I really like the value with Germany at +800. Germany gave the US everything they could handle in an exhibition contest on Monday. They lost by merely four points despite shooting an ice-cold 35.8% from the field and 28.9% from 3-point range. If a few additional shots go in the basket, they very easily could have come out on top.

This team doesn’t have the same natural talent that some of the other squads in the field do, but they’re led by Dennis Schroder, Andreas Obst, and Franz and Moritz Wagner. Those guys have gone toe-to-toe with the best in the world before, and they’re not afraid of the competition. They won a gold medal at the 2023 FIBA World Cup, beating the US in the semifinals and Serbia in the championship.

I think this team is being severely undervalued in the betting market. I have them ranked as the fourth-best team, just barely behind France and Canada. I like playing them to be the best non-US squad, as well as to win Group B (+180; Caesars) and take home a medal (+250; DraftKings)

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UFC 304 BETS

Best Bets for UFC304

Edwards to win by decision (+100; DraftKings) 

Headshot Dead” is most likely the first thing that flashes into your mind when you hear the name Leon Edwards. His last-second, head kick knockout of Kamaru Usman not only transformed him into a champion but symbolized the perseverance it took Edwards to reach the mountain top. The legendary comeback also overshadows the fact that Edwards, albeit a great champion, is not a finisher. 

Prior to his knockout of Usman, Edwards was on a run of four straight decisions, with his last stoppage coming over Peter Sobotta in 2018. Both of his title defenses (Usman 2, Covington) went the full five rounds, ending in decision victories. That’s not a knock on Edwards. It’s quite the opposite. The consistency of his fights presents a great opportunity for us to bet on Edwards at even money to win a decision. 

From a matchup perspective, the fight strongly favors Edwards in a few ways. Despite Muhammad’s improvements, takedowns won’t come easy, if at all, against the champ. Edwards is a technician with significant advantages in footwork, allowing him to masterfully control the distance. When Muhammad does get inside, Leon can weaponize the clinch to land damaging elbows. Plus, Muhammad still has a tendency to leave himself vulnerable to — you guessed it — high head kicks. I see this fight primarily playing out as a five-round striking match, where Edwards picks him apart at range. Let’s lock up Leon at even money.

Allen to win by decision vs. Chikadze (+100, FanDuel) 

Giga Chikadze hasn’t been knocked out in 18 professional fights spanning over eight years. Arnold Allen has the superior technical striking, but that doesn’t mean it's wise to bet he’s the first to ice the former Glory kickboxer. 

Simply put - Chikadze’s chin checks out. In his only UFC loss, he absorbed 127 headshots from Calvin Kattar over five rounds. Once you come to terms with his durability, it’s clear this will be a striking chess match for three rounds. Rather than risk -225 on the moneyline, I am all over Allen to take home a decision victory. 

Allen’s lefthand out of the southpaw stance should find a home at a consistent rate. Both fighters can uncork good combinations at close range, but Allen’s calf kicks will make “Ninja” uncomfortable with moving forward. Once Allen makes him hesitant, he should control the pace and force Chikadze to fight off his back foot far too often. Allen has aggressively swarmed inferior strikers in past fights, and the roars from the hometown crowd will coerce the Englishman to keep his foot on the gas. 

We have seen some slight market movement towards Chikadze, but Allen’s unblemished 7-0 record as a UFC betting favorite is tough to overlook. In a fight I expect to go the distance, Allen is a solid play to get the nod from the judges on his home soil.

AROUND THE WATERCOOLER

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