The Olympics are upon us, and every country is looking to demonstrate their athletic superiority for the rest of the world to envy. Let’s take a look at who will overachieve and underachieve this year.

United States 

Mary WhippleIf you are from the United States, can you really bet against our athletes succeeding? Well, I equate it to betting the Under in a baseball game. It’s boring enough without having to root for even less to happen than is already not happening. Not that the Olympics are boring, it’s just that I hate to sit on my hands rooting for failure, particularly when my own countrymen and women have spent the entirety of their lives training for two minutes of validation.

Hey, if I can’t get all sappy and patriotic during the Olympics, then when can I other than watching Lee Greenwood sing “Proud to be an American?" Look, the Yanks are favored to bring home the most gold, but will we actually back those projections with our greenbacks? The only country that will challenge is China. Now, they can buy our real estate but they can’t buy our gold…at least not at the London Olympics. 

The Women’s Gymnastics team looks loaded. And, of course, the only real competition for the Men’s Basketball team is the 1992 Dream Team and that game will never be played. I’m going balls to the walls and rooting my sweet little tuckus off for the men and women clad in red, white and blueAccording to Ladbrokes, I will get 7/2 odds if the USA wins between 40-42 gold medals. Sounds right to me. 

China 

You ain’t in Beijing anymore, Comrade. There will be no bending the rules this time around for the People’s Republic. In 2008 we found out that an average looking little girl with a spectacular voice was cloistered away behind a curtain while a pretty little girl with an average voice but a remarkable knack for lip syncing “sang” a Chinese patriotic song (is there any other kind?) at the opening ceremonies for all the world to see. They always want to put on their best face when the world is watching and don’t care how much they have to cheat to do it.  Hey, if they want happy faces, they should try something new, like freedom.

While the Chinese have exported everything from sneakers to TV sets, they are still having a tough time breaking into the world of stand-up comedy. It’s ironic, because everyone seems so happy over there. While I love their cuisine, I just can’t see them coming close to beating the Americans in the gold medal category. I will happily wager that the Chinese athletes will buckle under the pressure, knowing that their assembly line jobs are being filled by unskilled labor. I am going on the low end for gold medals as the People’s Republic will not be enjoying home field advantage at the 2012 games. Total gold medals for the Chinese 27-29 at 6-1 odds.

Great Britain 

I love the Brits. They sound so smart. An average looking woman immediately moves up a few notches if she’s got a British accent. I think it’s all just a ploy, though, to make Americans feel a bit stupid. Have you ever heard a British singer? That’s the big reveal because they can’t sing and sound smart at the same time. They have to sound just like us. 

Ok, so I dug up an interesting stat from Goldman Sachs, who evidently research everything from mortgage banking to Olympic medals. Why, I have no idea. But, they have concluded that home field advantage is definitely a huge boon for the host country.  The data concludes that the host country will experience a 54% increase above their projected medal total. Some of those medals will be gold. Therefore, we will say the Brits rise above their projected gold medal total to the tune of 28-30 gold medals at 6-1 odds.