Olympic Hockey Odds For Milano Cortina 2026: Canada Favored Over USA With NHLers Back in Action

Let's look at the latest odds for the men's Olympic hockey tournament at the 2026 Milano Cortina games.

Robert Criscola - Betting Analyst at Covers.com
Robert Criscola • Betting Analyst
Feb 4, 2026 • 12:50 ET • 4 min read
Nathan MacKinnon Olympic Hockey
Photo By - Reuters Connect. Nathan MacKinnon is one of several stars suiting up for Team Canada.

The men's hockey tournament is always one of the most anticipated events at the Winter Olympics, and this year is no different.

Let's dive into the available men's Olympic hockey odds ahead of the tournament opener on February 11, with the gold medal game scheduled for Sunday, February 22.

Men's Olympic hockey gold medal odds

Team DraftKings Bet99
Canada Canada +120 +105
USA USA +175 +170
Sweden Sweden +600 +675
Finland Finland +1000 +950
Czechia Czechia +2500 +2250
Switzerland Switzerland +2500 +2400
Germany Germany +6500 +7500
Slovakia Slovakia +6500 +7500
Denmark Denmark +25000 +25000
Latvia Latvia +50000 +40000
France France +80000 +75000
Italy Italy +100000 +75000

Men's Olympic hockey gold medal pick: Canada (+120)

One team having Macklin Celebrini, Sidney Crosby, Nathan MacKinnon, Mitch Marner, Connor McDavid, and Sam Reinhart on offense is just unfair. Then give it two of the NHL's best blueliners in Cale Makar and Josh Morrissey, and add red-hot netminder Logan Thompson, and you've got a recipe for a gold medal win.

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Men's Olympic hockey group winner odds

Group A

Team DraftKings Bet99
Canada Canada -475 -400
Czechia Czechia +600 +450
Switzerland Switzerland +700 +800
France France +50000 +50000

Group A winner pick: Canada (-400)

While Czechia and Switzerland each boast some notable NHL names, Team Canada has several bonafide superstars, as well as five of the Top 6 names in the top goalscorer market. The Canadians will coast to a Group A win.

Group B

Team DraftKings Bet99
Sweden Sweden -155 -175
Finland Finland +140 +140
Slovakia Slovakia +1600 +1600
Italy Italy +50000 +50000

Group B winner pick: Sweden (-155)

Finland is the defending Olympic champion, but NHL players didn't go to the Beijing 2022 games. Suomi didn't look so hot in last year's 4 Nations Face-Off, finishing with a -6 goal differential.

Sweden, meanwhile, went 1-0-2, putting a scare into Canada while beating Team USA. They'll avenge their OT loss to the Finns.

Group C

Team DraftKings Bet99
USA USA -1100 -1000
Germany Germany +800 +700
Latvia Latvia +3500 +2900
Denmark Denmark +5000 +4000

Group C winner pick: USA (-1000)

Team USA not winning Group C would be an upset of massive proportions. Germany may have notable names like Leon Draisaitl and Tim Stutzle, but the Americans will have NHLers jumping the boards on every shift.

Men's Olympic hockey name the finalist odds

Team DraftKings Bet99
Canada vs. USA +120 +150
Canada vs. Sweden +300 +300
USA vs. Sweden +350 +400
Canada vs. Finland +550 +600
USA vs. Finland +600 +700
Finland vs. Sweden +1100 +1000

Name the finalists pick: Canada vs. USA (+150)

When it comes down to crunch time, the most important position on the ice is goaltender. The Canadians have arguably the hottest goalie going into the tournament in Thompson, while the Americans have reigning Vezina winner Connor Hellebuyck.

They'll grind out the elimination games to set up the heavyweight clash in the gold medal game.

Men's Olympic hockey top goalscorer odds

Team DraftKings Bet99
Nathan MacKinnon +700 +700
Connor McDavid +800 +800
Auston Matthews +900 +900
Sidney Crosby +1500 +1500
Mark Stone +2000 +2000
Macklin Celebrini +2000 +2000
Jack Eichel +2000 +2000
David Pastrnak +2000 +2000
Mikko Rantanen +2500 +2500
Leon Draisaitl +2500 +2500

Top goalscorer pick: Kyle Connor (+10000)

Team Canada has too many mouths to feed, and Team USA's Auston Matthews feels too short at +900.

Kyle Connor caught my eye far down the board for the Americans, as he's scored 30+ goals every year since 2017-18 (excluding the COVID-shortened 2020-21 campaign), and has hit 40+ goals twice. He's on pace for 35 goals this year.

All odds as of 2-4-26.

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Robert Criscola - Covers.com
Betting Analyst

Robert M. Criscola’s road to becoming a Covers publishing editor began with an internship at Metro New York, which eventually turned into a freelance job at MetroBet covering many sports from a wagering angle, including horse racing. He continued to focus on “The Sport of Kings” by writing for shapperdacapper.com, danonymousracing.com, and informer.fanxt.com before joining the team at the TwinSpires Edge in 2019 as a regular contributor and weekend editor. “Crisco” began writing game previews for Covers in 2022 and joined the editing team in 2023.

His best advice for sports bettors? Bet with your head, not over it.

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