Canada and USA lead Olympic hockey odds after roster bulletins, with Sweden and Finland longshots
Sweden’s elite protection and deep goaltending give them upset potential regardless of ahead depth considerations
See beneath for full rosters, betting odds, and evaluation for the 2026 Milan Olympics
Olympic hockey rosters had been introduced this week, and the 2026 gold medal odds at the moment are out there to guess on. Canada leads the board at +135, with USA at +190 and Sweden at +550.
NHL gamers return to the Olympics for the primary time since 2014. The match kicks off February 11 in Milan, with the gold medal recreation February 22.
I break down the rosters, analyze the chances, and let you know the place the betting worth is in males’s Olympic hockey.
Soar to: Canada | USA | Sweden | Finland
2026 Olympic Hockey Gold Medal Odds
Canada and USA are clear favorites after their 4 Nations Face-Off closing went to time beyond regulation. Sweden sits because the third selection, with an enormous hole right down to Finland and everybody else.
Canada’s +135 odds translate to a 42.6% implied likelihood, whereas USA at +190 is 34.5%. Sweden’s +550 odds give them a 15.4% implied probability at gold.
Odds as of January third at FanDuel Sportsbook.
Staff Canada Roster and Odds
Canada Roster Evaluation
It’s laborious to guess towards Canada at +135 while you take a look at this roster. Connor McDavid and Nathan MacKinnon are two of the three greatest gamers on the planet. Cale Makar is placing up 47 factors in 41 video games and could be the very best defenseman in hockey proper now.
Canada received the 4 Nations Face-Off in February, beating USA 3-2 in time beyond regulation on a McDavid objective. MacKinnon was named match MVP after main all scorers with 4 objectives. That chemistry is already there.
The depth is ridiculous. Macklin Celebrini, the 19-year-old Sharks rookie, is third in NHL scoring and can skate alongside Sidney Crosby. That’s the youngest participant to ever symbolize Canada in Olympic hockey within the NHL period.
However goaltending, as standard with Canada just lately, is a matter. Jordan Binnington earned his spot with a robust 4 Nations efficiency, making 31 saves within the closing. However this season with St. Louis? He’s posted a 3.44 GAA and .870 save share.
Logan Thompson has been stable with Washington, however neither he nor Darcy Kuemper have been dominant. If Canada runs right into a scorching goalie within the medal rounds, they could possibly be in hassle.
Staff USA Roster and Olympic Odds
USA Roster Evaluation
The Individuals are proper behind Canada within the Olympic hockey odds. Staff USA desires revenge after blowing a 2-1 lead within the 4 Nations closing. They dominated Canada within the group stage however couldn’t shut when it mattered most.
USA affords respectable worth at +190, however I’d desire an extended worth. Connor Hellebuyck is extensively thought of the very best goalie on the earth, giving them an edge over Canada in internet. The Hughes brothers (Jack and Quinn) and Tkachuk brothers (Matthew and Brady) mark the primary time since 1960 that two units of siblings will symbolize USA on the Olympics.
The most important query is the ahead group. Matt Boldy leads all Individuals with 25 objectives, however guys like Auston Matthews and Jack Eichel want to provide greater than they did at 4 Nations. The roster choices had been controversial too, leaving out Jason Robertson regardless of his 24 objectives.
Quinn Hughes becoming a member of the workforce is very large. He was injured and missed 4 Nations, however the Norris Trophy winner provides USA one other top-tier defenseman who can transfer the puck. Since arriving in Minnesota, Hughes has racked up 12 factors in 12 video games.
Staff USA has earned its worth within the Olympic odds after going toe-to-toe with Canada at 4 Nations. However you possibly can’t deny the Canadians have extra firepower, albeit at the price of weaker goaltending. If you wish to goal a longshot with elite goaltending, there are higher worth choices than USA.
Sweden Olympic Hockey Odds and Roster
Sweden Roster Evaluation
That is the place the worth is within the Olympic hockey odds. Canada and USA are higher groups on paper, however Sweden at +550 is being undervalued given their protection and goaltending.
The Swedes simply received the 2026 World Junior Championship 5 days in the past, beating Czechia 4-2. After all, none of these kids will likely be on this match, nevertheless it speaks to the pipeline. At 4 Nations, Sweden went 1-0-2-0 with time beyond regulation losses to each Canada and Finland. They by no means misplaced in regulation.
The protection is stacked. Victor Hedman was named captain and anchors a blueline that features three-time Norris winner Erik Karlsson, Buffalo captain Rasmus Dahlin, and Stanley Cup winner Gustav Forsling. Examine that group to any workforce not named Canada or USA, and Sweden has the sting.
Filip Gustavsson is anticipated to begin in internet. He’s posted a 2.48 GAA and .912 save share this season in 27 video games. But when Jesper Wallstedt will get an opportunity, he may steal the match with a .958 save share and 4 shutouts in his younger profession.
In match hockey, one scorching goalie can win you gold. Sweden received Olympic gold in 2006 when Henrik Lundqvist made 25 saves, together with a legendary stick save with 15 seconds left. Both Gustavsson or Wallstedt could possibly be that man in Milan.
The priority is ahead depth. William Nylander leads the best way with 47 factors in 40 video games, and 21-year-old Leo Carlsson has 42 factors. However Sweden scored simply seven objectives in three 4 Nations video games.
In the event that they get right into a high-scoring recreation with Canada or USA, they in all probability lose. However in a low-scoring, playoff-style recreation the place goaltending dominates? They’re constructed for that.
Finland Olympic Hockey Roster
Finland Roster Evaluation
Finland received gold on the 2022 Beijing Olympics with out NHL gamers. Now they get their stars again, however they’re lacking their greatest one.
Aleksander Barkov tore his ACL and MCL throughout coaching camp and is out for the season. That’s an enormous blow, because the Panthers captain would have been Finland’s most vital participant. For that reason alone, it’s powerful to justify a longshot wager on the Finns.
At the least Finland nonetheless has depth. Mikko Rantanen leads the best way with 56 factors in 40 video games, whereas Sebastian Aho is a point-per-game participant. The Dallas Stars are well-represented with 4 gamers: Rantanen, Miro Heiskanen, Roope Hintz, and Esa Lindell. That chemistry may present up at occasions.
Heiskanen is likely one of the greatest defensemen on the earth, averaging practically 26 minutes per recreation. Juuse Saros gives them with elite goaltending, although his save share (.896) is affected by Nashville’s lacklustre protection. Kevin Lankinen was stellar at 4 Nations and owns the NHL’s greatest shootout save share.
At +1200, Finland isn’t the worst longshot on the board. They play structured, defensive hockey and have the goaltending to steal video games. They beat Sweden 4-3 in time beyond regulation at 4 Nations on a Mikael Granlund winner. However with out Barkov, I’m not betting them.
Olympic Hockey Betting Worth
Canada deserves to be favored at +135. The roster is loaded with McDavid, MacKinnon, and Makar main the best way. They received 4 Nations when it counted. However Binnington’s .870 save share this season is a official concern in a match the place one scorching goalie can finish your run.
USA at +190 brings the very best goalie in hockey with Hellebuyck. That alone makes them harmful. However their forwards want to indicate up higher than they did at 4 Nations, the place they dominated the group stage however couldn’t end the job within the closing.
My cash goes on Sweden at +550. Gustavsson has been regular all season, and if Wallstedt will get the online, he has the upside to develop into the match’s unsung hero. The blueline with Hedman, Karlsson, and Dahlin is tailored for playoff-style hockey.
The Swedes simply captured World Juniors gold and pushed each Canada and Finland to time beyond regulation at 4 Nations with out breaking. This can be a nation with momentum on its facet and expertise throughout its Olympic roster.
Contemplating how usually goaltending decides single-elimination video games, Sweden’s defensive construction may develop into a serious benefit. The market has them as a distant third. I believe the hole is far smaller than the chances point out.
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