We're still a ways away from the 2024 Paris Olympics, but the basketball odds are out.

The Olympic basketball tournament will take place July 27 to August 11 beginning in Lille, France before the finals transition to the Accor Arena in Paris.

Unsurprisingly, the U.S.A. (-220) are the early favorites to win it all, followed by Serbia (+400) and Canada (+600).

Olympic Basketball Odds: Who Will Win Gold In Men’s Basketball?

Odds as of Oct. 13, 2023

Why is the U.S. So heavily favored?

Well, well, ladies and gentlemen, the Americans are expected to have an utterly loaded roster for the '24 Games.

Joel Embiid, a Cameroonian native, owns American citizenship and will make his Olympic debut in France for the U.S. Beyond Embiid, LeBron James, Kevin Durant, and Steph Curry are all reportedly committed to playing for the U.S.A at the upcoming Olympics.

A lot can change before the Games begin, but those current commitments mark the U.S.A.'s best potential Olympic roster in years.

Olympic Basketball Odds: Other Contenders

There are other notable squads below the U.S. on the oddsboard.

Canada (+600)

The Canadian squad secured a bronze medal at the 2023 FIBA World Cup thanks to several breakout performances. Shai Gilgeous-Alexander proved himself as a true international superstar, while RJ Barrett played like an excellent sidekick.

Canada is talented, well-coached, and worthy of an early futures bet in the 2024 Olympic basketball odds.

France (+800)

France didn't look great at the 2023 World Cup, but a few commitments could swing the nation's odds to win at the Olympics. I'm looking at you, Victor Wembanyama.

The skinny, young stud originally committed to playing for France at the World Cup, but pulled out as he opted to rest and prepare for his inaugural NBA season. If Wembanyama stays healthy through his rookie year and wants to compete at the Games, we could see France make a big jump on the oddsboard.