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Sportsbook.com , a leader in online sports wagering, has opened betting after issuing 1-5 odds the USA Senior National Men’s Basketball team wins a gold medal in the 2008 Beijing Olympics. According to oddsmakers, the teams expected to put up the greatest challenge to the American’s chances are Spain (3-1) and Argentina (9-2).

In its only warm-up game in the US prior to traveling to China, the US team pounced on the Canadian Nationals winning 120-65 Friday (July 25). Canada failed to qualify its men’s team for the ‘08 Beijing Olympics.

Preliminary round play of the 2008 Beijing Olympic Games takes place Aug. 10-18.

The U.S. opens preliminary play Aug. 10 against host China  then play Africa zone champion Angola on Aug. 12; on Aug. 14  the USA will face 2006 World Championship runner-up Greece ; 2006 FIBA World Champion Spain on Aug. 16 and the USA will close out preliminary play Aug. 18 against Germany, third place finisher at the FIBA World Olympic Qualifying Tournament.

The men’s Olympic quarterfinals action takes place Aug. 20, semifinals play is slated for Aug. 22and the Olympic men’s gold and bronze medal games will be held Aug. 24.

Odds to win 2008 Beijing Summer Olympics Men’s Basketball Gold Medal (Sportsbook.com).

Argentina 9-2

Greece 15-1

Italy 25-1

Lithuania 15-1

Puerto Rico 50-1

Spain 3-1

United States 1-5

Field (any other country) 10-1

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