Team Canada Favored to Win Gold in Latest 2026 Olympic Hockey Odds

The Canadians are favored to claim Olympic gold next year, but Team USA isn't far behind on the odds board.

Kyle LaRusic - Publishing Editor at Covers.com
Kyle LaRusic • Publishing Editor
May 19, 2025 • 14:52 ET • 4 min read
Cale Makar Team Canada NHL
Photo By - Imagn Images. Cale Makar in action repping Team Canada.

Olympic hockey became a major topic of discussion following the NHL's "4 Nations Faceoff" tournament, as the league is finally letting its players return to the event, and FanDuel Canada finally has odds up for the event.

Team Canada are favored over their North American counterparts at +150, but how do the rest of the 2026 Olympics Ice Hockey odds play out?

2026 Olympic hockey odds

The Top 2 teams should come as no surprise to anybody, as Canada and the USA have become international powerhouses in the hockey world. While Sweden and Finland are no pushovers, they'll have a tough time dealing with the 4 Nation's finalists — especially with NHLers back in the mix.

Country Odds
Canada Canada +150
USA USA +200
Sweden Sweden +350
Finland Finland +750
Czechia Czechia +1400
Switzerland Switzerland +5000
Germany Germany +5000

Odds via FanDuel Canada

What will Team Canada Olympic hockey roster look like?

With the event still months out, an official roster announcement hasn't been made, but the NHL released a Team Canada projected lineup back in February.

There are some names on the list that should come as no surprise, such as Sidney Crosby, Nathan MacKinnon, and Connor McDavid, but players who didn't participate in the 4 Nations are also projected. 

Those names include Tom Wilson, Mark Scheifele, and Evan Bouchard. Only time will tell who makes the ultra-competitive lineup.

Who will be on Team USA Olympic hockey roster?

The NHL also released a Team USA projected lineup back in March, and just like Canada, there are some no-brainers.

Auston Matthews, Jack Eichel, and Quinn Hughes will all represent their country — barring injuries — while the goaltending duo of Connor Hellebuyck and Jake Oettinger sets them up in net.

Youngsters Cole Caufield and Tage Thompson also have a great shot of making the roster, adding plenty of scoring depth.

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Kyle LaRusic - Covers
Publishing Editor

Kyle LaRusic joined Covers in 2020 with a Holland College diploma in Journalism and a Mount Saint Vincent Degree in Public Relations. Stints at Amherst News and the Cape Breton Post helped sharpen his skills in a newsroom setting, while working for MSVU and Dalhousie’s athletic departments landed Kyle in his comfort zone.

Kyle has been an avid bettor for over five years, starting with just one Sports Interaction account before discovering both the beauty and importance of price shopping. bet365 and Pinnacle are his go to books, but accounts at 10+ sportsbooks give him an array of options. “Rusty” will bet on anything under the sun as long as there’s value and good reasoning behind it, but NHL and NFL are his two favorite leagues to watch and wager on — especially with friends.

Kyle’s biggest tip for any bettor is simple: gamble responsibly. Only bet what you’re willing to lose and make sure to install a proper bankroll method to keep track of your ROI. If you’re still dwelling on the amount you lost the next day, it’s time to decrease your spending.

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