2026 Winter Olympics Ice Hockey Odds and Team Previews Breakdown
2026 Olympics Hockey Odds
The buzz is building, and the ice is starting to shimmer with Olympic anticipation. With elite NHL stars expected to return to the Olympic stage for the first time since 2014, the men’s ice hockey tournament at the 2026 Winter Olympics in Milan and Cortina d’Ampezzo is shaping up to be an unforgettable showdown of skill, pride, and national pride.
Bookmakers have already dropped early odds on who could go all the wayand it’s safe to say the heavyweight hockey nations are back in their usual spots at the top of the futures board. But just how locked-in is Canada? Can the United States end their long gold medal drought? Will the Swedes and Finns make Olympic history? Let’s drop the puck on the top contenders, their odds, and where the betting action might be worth a sneaky wager.
?? Canada: The Favorites Once Again
It’s no surprise to see the maple leaf stamped firmly atop the odds boards. Canada is hovering around +200 to snatch gold in Italy, and when you peek at their projected roster, it reads like an NHL All-Star ballot cranked up to 11. Imagine Connor McDavid darting through traffic, Sidney Crosby orchestrating play with veteran poise, and Cale Makar carving up the ice like a sculptor in flight. Sprinkle in names like Nathan MacKinnon and Leon Draisaitl* (*German by nation, but don’t we all wish?) and you’ve got a lineup not just dripping with talent, but potentially drowning in it.
There’s a reason Canada boasts nine Olympic men’s hockey gold medals, most recently in 2014and why they’ll be backed robustly at sportsbooks around the world. Depth, experience, and arguably the world’s best blueline make them deserving front-runners.
?? United States: America’s Time?
No team has a bigger chipor more potentialon its shoulder than the United States. Sitting at around +350, Team USA is not only younger and faster than it’s been in years, it’s also hungrier. With recent graduates from a golden World Junior generation, the Americans could ice a squad featuring Auston Matthews, Matthew Tkachuk, Jack Eichel, and Jake Oettinger between the pipes.
Despite strong showings in Olympic historysecured gold in 1960 and the iconic Miracle in 1980Team USA hasn’t medaled in the Olympics since 2010. Could Milan be their renaissance moment? If their young core gels and the goaltending holds, don’t bet against the Stars and Stripes making a serious run at gold.
?? Sweden: Regally Calm, Dangerously Skilled
Sweden, priced near +500, is among the most intriguing teams headed to the Italian Alps. Why? Their potential roster boasts a tasteful combination of finesse, defensive awareness, and arguably the deepest goaltending pool in the tournament. With players like Victor Hedman, Elias Pettersson, and breakout forward Lucas Raymond, Tre Kronor may not dazzle with flash, but expect them to suffocate offenses and capitalize on counterattacks.
With Olympic gold in 2006 and silvers in both 1928 and 2014, Sweden’s international discipline and composure make them a team to respectand potentially profit from if they go on a run.
?? Finland: Never Underrate the Finns
Fresh off gold at the 2022 Beijing Olympics (an NHL-less tournament, yes, but still no small feat), Finland is currently floating at around +800 odds. Call them underdogs if you likebut do so at your own peril. The Finns play structured, team-first hockey with a work ethic that never seems to waver.
If Juuse Saros is in net and Sebastian Aho centers their top line, Finland becomes the team nobody wants to face in a single-elimination game. They may lack the high-end flash of the North Americans, but their relentless efficiency and consistency can’t be ignored.
?? Czechia: The Dark Horse to Watch?
No team loves upsetting the hockey hierarchy quite like Czechia. With odds somewhere around +1200, they’re nobody’s favoritebut they might just be one of the most fun long-shots in the tournament. With forwards like David Pastrnak and Martin Necas driving offense, and a few steady veterans holding down the backend, Czechia could easily play spoiler.
They haven’t claimed gold since the iconic 1998 Nagano Olympics, but in a short tournament with massive momentum swings, anything can happenand they’ve got enough goal-scoring to give any top team headaches.
?? Russia/Observed Neutral Status: A Wild Card
As of now, the status of Russian athletes competing under a neutral flag remains murky. Still, with players like Kirill Kaprizov and Andrei Vasilevskiy in the wings, Russiaor whatever form they’re allowed to compete inremains a perennial threat. Typically seen near +900 on the oddsboard, they’ve got the firepower and goaltending to make a run. Political questions aside, bettors won’t be sleeping on them once lineups are confirmed.
The Best Bet?
It’s hard to argue against picking Canada or the U.S.but the odds favoring Canada don’t offer much in terms of value. Smart futures bettors may turn their sights to Sweden or Finland. Both teams offer a mix of top-end talent and value pricing. Finland in particular, at +800, makes for an interesting hedge pick. If they draw a favorable bracket, there’s a decent chance they emerge from a semifinal with momentumand as we’ve seen before, momentum is everything in March, even when it freezes in February.
Final Thoughts
The 2026 Winter Olympics men’s ice hockey tournament is destined to be a battle for the agesNHL stars reunited under national flags, rivalries reignited, and pride on the line. Whether you’re betting for bragging rights or backing your favorite nation, one thing is certain: hockey fans are in for an icy treat.
Just remember to check back as we inch closer to puck drop. Rosters, injuries, and potential political developments could swing the market faster than a Connor Bedard one-timer. Until then, choose your side, lace up your sportsbook app, and let the early odds games begin.
Odds courtesy of Sportsbooks as of publication. Subject to change as Olympic rosters are announced.