Canada vs USA Olympic Men's Hockey Prediction: Best Odds at Prediction Markets like Kalshi

The Canadians enter Sunday’s gold medal game as narrow favorites, and Todd Cordell expects Mitch Marner & Co. to prevail in Milan.

Todd Cordell - Betting Analyst at Covers.com
Todd Cordell • Betting Analyst
Feb 21, 2026 • 13:55 ET • 4 min read
Mitch Marner of Canada celebrates after scoring the game-winning goal against Czechia.
Photo By - Reuters Connect. Mitch Marner of Canada celebrates after scoring the game-winning goal against Czechia.

All eyes will be fixed on the ice Sunday morning as Canada and the United States face off for gold in the 2026 men’s Olympic hockey final.

My Canada vs. USA prediction and betting picks break down why a repeat of last year's 4 Nations Face-Off final is in store at prediction markets like Kalshi.

Canada vs USA prediction

Result Price
Canada Canada to win Yes - 53 cents Trade at Kalshi

On Kalshi, a contract priced at 53 cents implies a 53% probability of Canada winning the Gold Medal game.

In betting terms, you’re effectively “buying” a win for $0.53, equivalent to -113 in traditional American odds.

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Canada vs USA Odds

My prediction: Canada - Yes (53 cents at Kalshi)

Canada is the highest-scoring team in the tournament and has also posted the best goal differential at +19.

That's particularly impressive because it has also faced a more difficult schedule. Four of the five games Canada has played were against teams that ranked sixth or higher in slot shot share. 

Of the United States' five opponents, only Sweden (fourth) ranked in the Top 6, and the Swedes took the United States to overtime despite playing on the second leg of a back-to-back.

Canada has posted better results while facing a tougher path. Look for it to claim gold.

How to watch Canada vs USA

Location Milano Santagiulia Arena, Milan, Italy
Date Sunday, February 22, 2026
Puck drop 8:10 a.m. ET
TV CBC, NBC

What is Kalshi and how does it work?

Kalshi is a federally regulated U.S. exchange where you trade directly on the outcome of real-world future events. Instead of traditional bets, you trade "Event Contracts," which are simple Yes/No questions like "Will the Eagles win this Sunday?" These events are priced between $0.01 and $0.99, and the prices reflect the market’s estimated probability of that event occurring. For instance, $0.55 equals a 55% chance. If your prediction is correct, the contract pays out exactly $1.00; if not, it settles at $0. Kalshi is essentially a stock market for reality.

How does Kalshi differ from sportsbooks?

In a sportsbook, you bet against the bookmaker, who sets fixed odds and takes a "vig," which is a kind of commission. On Kalshi, you trade against other users. This peer-to-peer model means prices are driven by supply and demand, often resulting in fairer odds. Additionally, because these are financial derivatives, you can exit your position early. If your team takes a 14-point lead, the contract price will rise, allowing you to sell your "Yes" shares for a profit before the final whistle even blows.

Why should I wager on Canada vs USA at Kalshi?

Kalshi offers four unique advantages over traditional sportsbooks:

  1. Flexibility: Unlike a "locked-in" bet, you can sell your contract at any time.

  2. Transparency: You trade against other users, which can allow you to find better value.

  3. Federal regulation: As a CFTC-regulated exchange, your funds are held in a secure, transparent environment.

  4. Availability: Kalshi is available in many regions where traditional sportsbooks aren't yet legal.

Odds are correct at the time of publishing and are subject to change.
Not intended for use in MA.
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Todd Cordell - Covers
Betting Analyst

Todd Cordell is a data-driven betting analyst. He uses numbers to help identify value across a wide variety of sports, with NHL being his specialty. Shot props, in particular, have proven to be a very fruitful market. Todd has served as a betting analyst in the public sphere for many years, most recently with theScore covering the NHL and MLB.

When not writing about sports betting, Todd stays busy analyzing the New Jersey Devils with a fine-tooth comb for InfernalAccess, his Devils-centric blog. Todd attended Sheridan College and graduated in 2014 with a diploma in print journalism.

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