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The 2024 Summer Olympics are here! After the FIBA qualifying matches concluded, the 12 teams participating were officially determined. This Group Stage matchup features a stellar clash between Australia and Spain.

Before Betting on Australia vs Spain

Australia enters this game as the underdog, despite ranking #5 in the world and advancing straight to the tournament’s main stage. They’ll have work to do in a tough group but should be able to prove that they are less of an underdog in this matchup than expected. Basketball has grown exponentially in Australia over the past decade, massively deepening the pool of national talent. Expect a long and talented Australian squad to have Spain on the ropes in this matchup.

Spain qualified for the main FIBA Olympic tournament after defeating the Bahamas in the Spain-region Qualifying Final. It was a tough path for the squad that currently ranks #2 in the world, as they had multiple games come down to the wire. Spain now has a couple of weeks to work on their flaws and prepare for this game against Australia. Willy Hernangómez will continue to play a leading role for Spain in the main stages of the tournament. He was their leading scorer during the qualifying stage matches.

Australia vs Spain Offshore Odds

Game ResultOdds
Australia wins+110
Spain wins-135

The very first game of the FIBA Olympic main tournament is set to be a thriller. It is one of only two matchups featuring two teams ranked in the top five globally. Spain may wind up benefiting from being in the qualifying stages, as it gave them practice against other teams. That being said, their play was uninspiring in most of those matches, making it hard to bet on them to hold off Australia. This one could go either way, but Spain will be on upset watch.