2026 Olympics Medal Count Odds: Norway Favored for Most Gold Medals at Milano Cortina

Oddsmakers believe the 2026 Winter Olympics go through Norway. Check out the latest Olympic medal count odds for Milano Cortina 2026.

Robert Criscola - Betting Analyst at Covers.com
Robert Criscola • Betting Analyst
Feb 4, 2026 • 13:23 ET • 3 min read
Winter Olympics Gold Medal
Photo By - Reuters Connect. A sample gold medal to be awarded at the 2026 Winter Olympics.

Anticipation is building for the 2026 Winter Olympics, and sportsbooks are already taking plenty of action, with the most common wager being Olympic medal odds for each nation.

Norway is currently a heavy favorite to capture the most gold medals in Milano Cortina, with the United States and Germany seen as the only true threats. 

Let's take a look at the latest Winter Olympics odds.

Most gold medals odds

Country DraftKings Bet99
Norway Norway -160 -180
Germany Germany +400 +450
USA USA +450 +600
Canada Canada +1000 +1400
Italy Italy +2000 +1400

Odds as of 1-30.

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Most medals odds

Here's a sampling of the most medals odds markets available at DraftKings and BET99.

Total gold medals

Country DraftKings
Norway Norway Over 16.5 +175 | Under 16.5 -250
USA USA Over 13.5 +115 | Under 13.5 -155
Canada Canada Over 8.5 -115 | Under 8.5 -115

Odds as of 1-30.

Most gold medals: USA vs. Canada

Country Bet99
USA USA -130
Canada Canada +100

Odds as of 1-30.

Top 5 all-time medal-winning countries

Country Total Winter Olympic Medals 2022 Winter Olympic Medals
Norway Norway 405 37
USA USA 330 25
Germany Germany 267 27
Austria Austria 250 18
Canada Canada 225 26

How to bet on the Olympic medal odds

Now you know betting odds for Olympics medals, it's time to bet. Let us guide you through how to bet on the Olympics with some basics on reading Olympic odds and tips for making smarter Olympic bets.

Where to bet on the Olympic medal totals

Olympic betting is still quite new, but the once-every-four-years event will surely attract many bettors. Where you bet on the Olympics is just as important as what you bet, and we review the best betting sites available to you.

Olympic betting odds FAQs

Pages related to this topic

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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