The best hockey players in the world are back at the Olympics and the 2026 Olympic hockey odds reflect that it will be an intense, competitive tournament.
Bettors and fans got a taste of what best-on-best hockey can be at last year’s 4 Nations Face-Off, but the Olympics will be at another level as more nations enter the picture.
The United States are hungry for their first Olympic gold medal in men’s hockey since 1980 and this might be their best shot at capturing that elusive top spot…
The usual suspects, Canada and the United States, sit on top of the Olympic hockey odds, but they will get challenged by other strong teams like Finland and Slovakia.
Here is a look at the favorites, top contenders and some sleeper picks for the Olympic men’s hockey tournament as NHL players return to the games for the first time since 2014.
| Team | Odds | Implied probability |
|---|---|---|
 Canada |
-138 | |
 United States |
+130 | |
 Finland |
+1300 | |
 Slovakia |
+4000 |
Odds via bet365 – accurate as of February 19
Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply. Bets restrictions and T&C's apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER (AZ, CO, IN, KY, LA, MD, NC, NJ, OH, VA) or 1-800-BETS OFF (IA). 21+ only(18+ in KY). Must be present in AZ/CO/IA/IN/KY/LA (select parishes)/NC/NJ/OH/VA.
Canada | -138 odds to win gold medalAfter capturing the title at the 4 Nations Face-Off in 2025, Canada heads into the semifinals as the gold medal favorite in the Olympic hockey odds.
Canada has some of the best players in the world, including forwards Connor McDavid, Sidney Crosby and Nathan MacKinnon and top defenseman Cale Makar.
If Canada has a weakness, it is probably at goaltender. They are not as rock solid and consistent at that position as the United States.
Canada will have its semifinal game on February 20 against Finland. After destroying every team in the preliminary round, Canada looks like a big threat to win gold in Milan.
United States | +130 odds to win gold medalThe United States are hungry for their first Olympic gold medal in men’s hockey since 1980, and according to the 2026 Olympic hockey odds, this might be their best shot at capturing that elusive top spot.
The USA has the top goaltender trio at the Olympics with Jeremy Swayman, Jake Oettinger and Connor Hellebuyck.
The Tkachuk brothers, Brady and Matthew, will bring a physical edge to the ice. The USA doesn’t have as deep of a forward group as Canada, but the defense is very strong with Zach Werenski and Quinn Hughes leading the way.
The USA finished first in Group B with nine points, and after a big overtime against Sweden in the quarterfinals, the Americans are set to face upstart Slovakia in the semifinals.
Finland | +1300 odds to win gold medalDon’t count out Finland, despite them sitting at +1300 in the Olympic hockey odds. The Fins beat Sweden at the 4 Nations Face-Off last year and they beat Sweden at these Olympics. Finland is also the reigning Olympic gold medalists.
Finland got off to a slow start with a loss to Slovakia in the first game of the preliminary round. However, that seems to be a common theme in recent tournaments for Finland.
After that loss, Finland had dominant wins over Sweden and Italy. That set up the Fins with a quarterfinal game against Switzerland. They came back from a two-goal deficit in the third period to win that game in overtime.
If you think Canada and the USA will slip up, keep an eye on Finland.
Slovakia | +4000 odds to win gold medalSlovakia is the biggest surprise of the men’s hockey tournament at the Olympics so far. Keep an eye on the Slovaks at +4000 odds to win the gold medal.
Slovakia owns a win over Finland, a team that is in the top three in the odds to win the gold medal.
Slovakia won Group B, which was the toughest group in the preliminary round.
Now that the Slovaks are in the semifinals, they will need to upset USA to make the gold medal game.
Canada vs Finland United States vs Slovakia| Edition | 🥇 Gold medal | 🥈 Silver medal | 🥉 Bronze medal |
|---|---|---|---|
| Beijing 2022 | Finland |
Russian Olympic Committee | Slovakia |
| PyeongChang 2018 | Olympic Athletes from Russia |  Germany |
Canada |
| Sochi 2014 | Canada |
 Sweden |
Finland |
| Vancouver 2010 | Canada |
United States |
Finland |
| Torino 2006 | Sweden |
Finland |
 Czechia |
Place your first bet with the token applied. If your first bet loses, you'll get up to $1,500 back in Bonus Bets. Add’l terms apply. Must be 21+ and located in U.S. Gambling Problem? Call 1-800-GAMBLER. BetMGM Sportsbook available in AZ, CO, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MS, NJ, NY, NC, PA, PR, OH, TN, VA, WV, WY only.
Gambling Problem? Call 1-800-GAMBLER or visit RG-help.com. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ D.C., KY, WY) and present in select states (for KS, in affiliation with Kansas Star Casino). First online real money wager only. $5 first deposit required. Bonus issued as nonwithdrawable bonus bets which expire 7 days after receipt. Restrictions apply. See terms at sportsbook.fanduel.com.
Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply. Bets restrictions and T&C's apply. GAMBLING PROBLEM? CALL 1-800-GAMBLER (AZ, CO, IN, KY, LA, MD, NC, NJ, OH, VA) or 1-800-BETS OFF (IA). 21+ only(18+ in KY). Must be present in AZ/CO/IA/IN/KY/LA (select parishes)/NC/NJ/OH/VA.
The 2026 Olympic Men’s hockey tournament will begin on February 11 and end on February 22. All 12 teams will compete in the preliminary group stage from February 11 to February 15. The single elimination knockout phase will start on February 17 and conclude with the gold medal game on February 22.
The 2026 Olympic men’s hockey tournament will take place in Milan, Italy. Two venues in Milan will host games for the men’s hockey tournament. The Milano Santagiulia Ice Hockey Arena is the main venue that seats up to 16,000 fans and the Milano Rho Ice Hockey Arena is the secondary venue, which seats up to 6,500 spectators.
Canada is the favorite to win the gold medal in the 2026 Olympic men’s hockey tournament. The Canadiens have won the previous two Olympic gold medals when NHL players competed, so they will be looking for a third straight gold medal in best-on-best Olympic hockey. The United States is not far behind Canada in the 2026 Olympic hockey odds.
Yes, NHL players will play in the 2026 Olympics in Milan, Italy. This will be the first time that the NHL has sent players to the Olympics since the 2014 Olympics in Sochi, Russia. Canada has won the last two Olympic tournaments that featured NHL players.
NHL anytime goalscorer picks, odds and predictions for today's games, including top plays, sleepers and betting strategy. See the best NHL scoring markets and players to score.
There’s an influx of elite goal scorers in the NHL and with a wide pool of talent, there’s a ton of value and intriguing options in the NHL Rocket Richard Trophy odds...
Explore the latest Calder Trophy odds for the 2026-27 NHL season, with Gavin McKenna leading the rookie race. Get updated betting favorites, top contenders, sleeper picks and analysis of the NHL's top young talent.
Explore the latest Vezina Trophy odds for the 2026-27 NHL season. See the leading contenders, sleeper picks, implied probabilities, and expert analysis to help identify the best value bets for the NHL's top goaltender award.
From generation superstars to breakout candidates, preseason and in-season NHL MVP odds reflect shifting narratives around scoring races, playoff positioning and voter tendencies.
As we look at the odds provided by our best NHL betting sites, the Florida Panthers. Carolina Hurricanes and Colorado Avalanche have the shortest 2027 Stanley Cup odds.
Explore the latest Nikita Kucherov next team odds and predictions, with the Canadiens and Maple Leafs leading potential destinations after the Tampa Bay Lightning superstar's stunning trade request.
Dylan Larkin has requested a trade from Detroit, with Minnesota emerging as a leading destination. Check the latest Dylan Larkin next team odds and trade possibilities.
Discover the toughest NHL players of all time, from Bob Probert and Tie Domi to today's hardest hitters. Explore legendary fights, career records, and the enforcers who helped define hockey's most physical eras.
This award often goes to the coach that guides his team to exceed expectations, overcome adversity or make a surprising playoff push.
Check out the latest Norris Trophy odds for the 2026-27 NHL season. See the favourites, sleeper picks, implied probabilities, and expert analysis on which defensemen offer the best betting value to win the NHL's top defenseman award.
The Selke Trophy is awarded to the NHL’s strongest two-way forward. Nick Suzuki leads the NHL Selke Trophy odds ahead of several skilled defensive forwards.
