Canada and USA lead the 2026 Winter Olympics ice hockeybetting odds, with sportsbooks installing Canada as the -110 favourite to claim gold in Milan-Cortina.

The return of NHL players to the Olympic stage for the first time since 2014 has reshaped the market, tightening prices at the top and driving heavy action on the traditional North American powers.

The tournament begins on 11 February, and the gold medal market is already dominated by Canada and the United States. Canada's -110 price implies strong confidence from bookmakers, while the Americans sit at +190, leaving a significant gap to Sweden (+550) and Finland (+1300).

With star-studded rosters and renewed Olympic intensity, bettors are focusing on whether Canada's offensive firepower or the United States' depth and goal-tending edge will ultimately decide the gold.

As perOdd Shark, Canada's -110 line reflects a roster loaded with elite talent across every position. Connor McDavid, Nathan MacKinnon and Macklin Celebrini, three of the top Hart Trophy contenders, headline an offence stacked with world-class scorers.

The men's ice hockey competition at the 2026 Winter Olympics is finally about to begin.Group A: Canada, Switzerland, Czech Republic, France;Group B: Finland, Sweden, Slovakia, Italy;Group C: United States, Germany, Latvia, Denmark.pic.twitter.com/44snGJqK8K

On the blue line, Cale Makar, the Norris Trophy favourite, anchors a defence built to move the puck quickly and generate chances from the back end.

Goal-tending remains the only potential concern. Jordan Binnington has posted a .867 save percentage and a 3.59 goals-against average this season.

However, the 32-year-old delivered clutch performances during last year's Four Nations Faceoff, and Canada has historically succeeded even without elite goal-tending statistics. That offensive depth continues to justify the short price at the top of the market.

The United States enters at +190 and is widely viewed as Canada's primary rival. Auston Matthews and Jack Eichel provide elite scoring ability, while the Tkachuk brothers add physical presence and edge. The Americans also benefit from arguably the strongest goal-tending depth in the tournament.

Source: International Business Times UK