Olympic Hockey Odds, Favorites & Rosters: Canada Will Enter Olympics as Betting Favorite

With the rosters set in stone, all that's left is the tournament itself, in which Team Canada will enter as the betting favorite.
Nathan MacKinnon during the 4 Nations Face-Off as we provide the Olympic Hockey odds, favorites and rosters.
Pictured: Nathan MacKinnon during the 4 Nations Face-Off as we provide the Olympic Hockey odds, favorites and rosters. Photo by Winslow Townson via Imagn Images
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With the schedule released, Canada remains the Olympic hockey odds favorite over Team USA, Sweden, and Finland. 

Let's dive into the odds while checking out notable contests on the schedule. The other development saw each team reveal its first six Winter Olympic Games players for Milano Cortina in February. 

We've asked AI to weigh in with its winner prediction. 


๐Ÿ’ Olympic hockey odds 2026

The latest 2026 Olympic hockey odds from FanDuel:

Team Odds Implied probability Profit ($10 bet)
Canada +135 42.55% $13.50
USA +190 34.48% $19
Sweden  +550 15.38% $55
Finland  +1200 7.69% $120
Czechia  +1400 6.25% $140
Switzerland  +3500 1.96% $350 
Slovakia  +7000 1.96% $700
Germany  +7000 1.96% $700
Latvia  +12500 0.79% $1,250
Denmark +12500 0.79% $1,250
France  +25000 0.40% $2,500
Italy +25000 0.40% $2,500

๐Ÿ‡จ๐Ÿ‡ฆ Betting favorite Canada includes 17 Stanley Cup champions 

You don't have to be a sports trader to figure out why Canada is the betting favorite entering the Milano Cortina Olympics. Jon Cooper's team is stacked with winners, 17 to be precise. 

Only eight players haven't had a chance to lift the Stanley Cup, including Nick Suzuki, Bo Horvat, Macklin Celebrini, Mitch Marner, Travis Sanheim, Thomas Harley, Josh Morrissey, and Connor McDavid. 

So, who will win the best-on-best tournament in Italy

Player  Position  NHL team
Nick Suzuki Forward Canadiens 
Sam Reinhart Forward Panthers
Bo Horvat Forward Islanders
Macklin Celebrini Forward Sharks 
Brayden Point Forward Lightning 
Nathan MacKinnon Forward Avalanche 
Brandon Hagel Forward Lightning 
Tom Wilson Forward Capitals 
Mark Stone Forward Golden Knights 
Brad Marchand Forward Panthers 
Anthony Cirelli Forward Lightning 
Sidney Crosby Forward Penguins 
Mitch Marner Forward Golden Knights 
Connor McDavid Forward Oilers 
Travis Sanheim Defense  Senators 
Devon Toews Defense Avalanche 
Cale Makar Defense Avalanche
Thomas Harley Defense Stars
Shea Theodore Defense Golden Knights 
Josh Morrissey Defense Jets 
Colton Parayko Defense Blues 
Drew Doughty Defense Kings 
Darcy Kuemper Goaltender  Kings 
Jordan Binnington  Goaltender Blues 
Logan Thompson  Goaltender Capitals 

๐Ÿ‡บ๐Ÿ‡ธ Team USA looks to win gold for first time since Miracle on Ice 

Were you alive when Team USA last won gold at the men's Olympic hockey tournament? The Miracle on Ice occurred 46 years ago in Lake Placid, N.Y. 

You'd have to go back to 1960 to source their only other gold medal. But is Team USA's roster good enough to win in Italy? I take a look in my recent Olympic hockey odds piece, which questions some of the personnel decisions made by Bill Guerin and Co. 

Player  Position  NHL team
Matt Boldy Forward Wild 
Kyle Connor Forward Jets
Jack Eichel Forward Golden Knights 
Jake Guentzel Forward Lightning
Jack Hughes Forward Devils 
Clayton Keller Forward Mammoth 
Dylan Larkin Forward Red Wings  
Auston Matthews Forward Maple Leafs 
J.T. Miller Forward Rangers
Brock Nelson Forward Avalanche 
Tage Thompson Forward Sabres 
Brady Tkachuk Forward Senators  
Matthew Tkachuk Forward Panthers 
Vincent Trocheck Forward Rangers 
Brock Faber Defense  Wild  
Noah Hanifin Defense Golden Knights
Quinn Hughes Defense Wild
Seth Jones Defense Panthers 
Charlie McAvoy Defense Bruins 
Jake Sanderson Defense Senators 
Jaccob Slavin Defense Hurricanes  
Zach Werenski Defense Blue Jackets  
Connor Hellebuyck Goaltender  Jets  
 Jake Oettinger Goaltender Stars 
Jeremy Swayman Goaltender Bruins  

๐Ÿ‡ธ๐Ÿ‡ช Team Sweden has all the components to challenge for gold 

While not quite as star-studded as Canada and Team USA, Sweden has all the components required to make life uncomfortable for the favorites. 

Their lack of depth in the forward contingent is cause for concern, but Sweden makes up for it with several top-tier goal scorers and complementary playmakers. 

I'm also a massive proponent of Filip Gustavsson, and to a lesser extent, the inexperienced yet impressive Jesper Wallstedt. While I'm not so gung-ho about Jacob Markstrom, he is capable of stealing a game or two. 

Player  Position  NHL team
Jesper Bratt Forward Devils
Leo Carlsson Forward Ducks
Joel Eriksson Ek Forward Wild
Filip Forsberg Forward Predators
Pontus Holmberg Forward Lightning 
Adrian Kempe Forward Kings
Gabriel Landeskog Forward Avalanche 
Elias Lindholm Forward Bruins 
William Nylander Forward Maple Leafs 
Elias Pettersson Forward Canucks 
Rickard Rakell Forward Penguins 
Lucas Raymond Forward Red Wings  
Alexander Wennberg Forward Sharks  
Mika Zibanejad Forward Rangers 
Rasmus Andersson Defense  Flames   
Philip Broberg Defense Blues 
Jonas Brodin Defense Wild
Rasmus Dahlin Defense Sabres 
Oliver Ekman-Larsson Defense Maple Leafs  
Gustav Forsling Defense Panthers 
Victor Hedman Defense Lightning   
Erik Karlsson Defense Penguins 
Filip Gustavsson Goaltender  Wild   
Jacob Markstrom Goaltender Devils  
Jesper Wallstedt Goaltender Wild   

Czechia

Player Position
Lukas Dostal G
Radko Gudas D
Martin Necas F
Ondrej Palat F
David Pastrnak F
Pavel Zacha F

France

Player Position
Yohann Auvitu D
Pierre-Edouard Bellemare F
Jules Boscq D
Hugo Gallet D
Jordann Perrett F
Alexandre Texier F

Switzerland

Player Position
Kevin Fiala F
Nico Hischier F
Roman Josi D
Timo Meier F
Nino Niederreiter F
Jonas Siegenthaler D

Finland

Player Position
Sebastian Aho F
Aleksander Barkov F
Miro Heiskanen D
Esa Lindell D
Mikko Rantanen F
Juuse Saros G

Italy

Player Position
Damian Clara G
Diego Kostner F
Thomas Larkin D
Daniel Mantenuto F
Tommy Purdeller F
Luca Zanatta D

Slovakia

Player Position
Erik Cernak D
Martin Fehervary D
Simon Nemec D
Martin Pospisil F
Juraj Slafkovsky F
Tomas Tatar F

Sweden

Player Position
Rasmus Dahlin D
Victor Hedman D
Adrian Kempe F
Gabriel Landeskog F
William Nylander F
Lucas Raymond F

Denmark

Player Position
Frederik Andersen G
Oliver Bjorkstrand F
Nikolaj Ehlers F
Lars Eller F
Jesper Jensen Abo D
Jonas Rondbjerg F

Germany

Player Position
Leon Draisaitl F
Philipp Grubauer G
Moritz Seider D
Nico Sturm F
Tim Stutzle F
Lukas Reiche F

Latvia

Player Position
Rodrigo Abols F
Uvis Balinskis D
Teddy Blueger F
Zemgus Girgensons F
Elvis Merzlikins G
Arturs Silovs G

USA

Player Position
Jack Eichel F
Quinn Hughes D
Auston Matthews F
Charlie McAvoy F
Brady Tkachuk F
Matthew Tkachuk F

๐Ÿ“… 2026 Winter Olympics hockey schedule

Here is the schedule for the 2026 Winter Olympics in Milan, which will run from Feb. 11 to Feb. 22. 

Round  Dates Times 
Preliminary  Feb. 11 - Feb. 15  6:10am ET/10:40am ET/3:10pm ET/3:10pm ET
Men's qualification playoffs Feb. 17 6:10am ET/6:10am ET/10:40am ET/3:10pm ET
Men's quarterfinals  Feb. 18  6:10am ET/8:10am ET/10:40am ET/3:10pm ET
Menโ€™s semifinals Fri. Feb. 20 10:40am ET/3:10pm ET
Menโ€™s bronze Sat. Feb. 21 2:40 p.m. ET
Men's gold medal game  Sun. Feb. 22. 7:10 a.m. ET

Milano Cortina 2026 released the full schedule, including each team's group games. We've listed the front-runners' schedules below: 

๐Ÿ—“๏ธ Canada Olympic hockey schedule 

Game 1: ๐Ÿ‡จ๐Ÿ‡ฟ Czechia vs. ๐Ÿ‡จ๐Ÿ‡ฆ Canada, Feb. 12, 10:40 a.m. ET
Game 2: ๐Ÿ‡จ๐Ÿ‡ฆ Canada vs. ๐Ÿ‡จ๐Ÿ‡ญ Switzerland, Feb. 13, 3:10 p.m. ET
Game 3: ๐Ÿ‡จ๐Ÿ‡ฆ Canada vs. ๐Ÿ‡ซ๐Ÿ‡ท France, Feb. 15, 10:40 a.m. ET

๐Ÿ—“๏ธ USA Olympic hockey schedule 

Game 1: ๐Ÿ‡ฑ๐Ÿ‡ป Latvia vs. ๐Ÿ‡บ๐Ÿ‡ธ USA , Feb. 12, 3:10 p.m. ET
Game 2: ๐Ÿ‡บ๐Ÿ‡ธ USA vs. ๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark, Feb. 14, 3:10 p.m. ET
Game 3: ๐Ÿ‡บ๐Ÿ‡ธ USA vs. ๐Ÿ‡ฉ๐Ÿ‡ช Germany , Feb. 15, 3:10 p.m. ET

๐Ÿ“ What are the 2026 Winter Olympics hockey groups? 

Group A Group B  Group C
๐Ÿ‡จ๐Ÿ‡ฆ Canada  ๐Ÿ‡ซ๐Ÿ‡ฎ Finland  ๐Ÿ‡บ๐Ÿ‡ธ USA 
๐Ÿ‡จ๐Ÿ‡ฟ Czechia ๐Ÿ‡ธ๐Ÿ‡ฐ Slovakia ๐Ÿ‡ฉ๐Ÿ‡ช Germany 
๐Ÿ‡จ๐Ÿ‡ญ Switzerland ๐Ÿ‡ธ๐Ÿ‡ช Sweden  ๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark
๐Ÿ‡ซ๐Ÿ‡ท France ๐Ÿ‡ฎ๐Ÿ‡น Italy ๐Ÿ‡ฑ๐Ÿ‡ป Latvia 

๐Ÿ“ How does the 2026 Winter Olympics hockey tournament work?

The format remains unchanged, mirroring proceedings from the previous three Olympics. 

  • Three groups of four teams start the tournament by playing each team in their group once
  • That round-robin portion will determine the seedings
  • The group winners and the highest ranked nation of the remaining teams receives a bye into the quarterfinals
  • The round-robin portion is followed by four rounds of elimination games, with the bottom eight teams participating
  • The four winners of the elimination games advance to the quarterfinals to play the four teams that previously received a bye
  • The four quarterfinals winners advance into the semifinals
  • The semifinals winner advance to the gold medal game, while the two losers meet in the bronze medal game
  • The winner of the final receives the gold medal

๐Ÿ“ How does overtime at the 2026 Winter Olympics work? 

(These rules apply to the men's and women's tournament)

Group stage (round robin):

  • If a game is tied at the end of regulation in the group stage, the teams will play a five-minute, 3-on-3 overtime period. It's sudden death, so the first team to score wins
  • If no team scores at the end of the five minutes, a shootout will decide the winner
  • Five players on each team will be selected to shoot
  • If it's still tied at the end of those five rounds, any player can shoot as many times as they want in sudden death
  • Sudden death in the shootout consists of one shot for each team. If the first team scores, the second team must score on their attempt. If they don't, the first team wins
  • If the first team doesn't score and the second team does, the second team wins

Knockout stage (playoff games, quarterfinals, semifinals):

  • If a game is tied at the end of regulation, the teams will play a 10-minute, 3-on-3 overtime period. It's sudden death, so the first team to score wins
  • If the game is still tied after overtime, the teams will move to a shootout with the same rules as the group stage

Bronze and gold medal game

  • If a game is tied at the end of regulation, the teams will play a 20-minute, 3-on-3 overtime period. It's sudden death, so the first team to score wins
  • If the game is tied after the initial 20-minute overtime, the teams will keep playing until somebody scores
  • There is no shootout
  • Between each period, there will be a 15-minute intermission during which the ice is resurfaced

โ›ธ๏ธ Olympic hockey past winners

Here are the past 10 winners for the Winter Olympics hockey tournament dating back to 1988.

Olympics Gold medal Silver medal Bronze medal
Beijing 2022 Finland Athletes from Russia Slovakia
Pyeongchang 2018  Athletes from Russia Germany Canada
*Sochi 2014 Canada Sweden  Finland 
*Vancouver 2010 Canada USA Finland
*Turin 2006 Sweden  Finland Czechia 
*Salt Lake City 2002 Canada United States  Athletes from Russia
*Nagano 1998 Czechia  Athletes from Russia Finland 
Lillehammer 1994 Sweden  Canada Finland 
Albertville 1992 Unified Team Canada Czechoslovakia
Calgary 1988 Soviet Union Finland Sweden

*best-on-best tournament 

โ“2026 Winter Olympics hockey FAQs

Who is favored to win the 2026 Winter Olympics?

With +150 odds, Canada is favored to win the 2026 Winter Olympics. Those odds imply a 40% probability, according to our odds calculator

Who won the last Olympic hockey tournament?

Finland won the Beijing 2022 Olympic tournament. However, it wasn't a best-on-best tournament, with NHL players prohibited from participating. 

When is the 2026 Winter Olympic hockey tournament?

The 2026 Winter Olympic hockey tournament takes place from Feb. 11 to Feb. 22.

When is the 2026 Winter Olympic hockey gold medal game?

The gold medal game occurs on Sunday, Feb. 22 at 7:10am ET. 

Who won the last best-on-best Olympic hockey tournament? 

Canada won the last best-on-best Olympic hockey tournament in 2014 at the Sochi Olympics. 

How many players are on an Olympic hockey roster? 

The maximum number of players on an Olympic men's hockey roster is 25, and the maximum number for an Olympic women's hockey roster is 23. However, each team can only dress 20 skaters and two goaltenders for each game. 

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