How To Bet On The Winter Olympics
With the Milano Cortina Winter Games underway, Olympic wagering will be brand-new for lots of sports bettors.
But don't get overloaded!
Let us assist you through 2026 Olympics wagering with some essentials on reading Milano Cortina Winter Olympics odds, and pointers for making smarter Olympic bets.
Can you wager on the Olympics?
Yes, you can wager on the Olympics through various sportsbooks and betting platforms that provide Olympic wagering markets.
on the Olympics typically consists of a variety of popular sports, such as males's and women's ice hockey and curling, alpine snowboarding, figure skating, snowboarding, and more.
However, it is essential to note that betting guidelines differ by nation and state, so it's necessary to check the laws in your jurisdiction.
Where to bank on the Olympics
Olympic wagering is entering into type, and the Milano Cortina Winter Games will draw in betting attention. Where you wager on the Olympics is simply as essential as what you bet, and we recommend the very best betting sites available in your jurisdiction.
Traditional sportsbooks like DraftKings, FanDuel, and BetMGM will have plenty of alternatives for betting. In addition, forecast markets are going to be big when it comes to betting on the Winter Games.
Olympics wagering at prediction markets
Prediction markets are rapidly increasing in popularity due to their special betting choices. Many of these props do not appear at conventional sportsbooks.
In the coming days, expect to see pop culture markets like:
- Who will be Lindsey Vonn's next partner?
- Will Donald Trump go to the Olympics?
- Will fans boo throughout the USA nationwide anthem at the Olympics?
- Will any athletes get busted for steroids at the Winter Olympics?
Basically, there is very little off-limits when it concerns forecast market apps.
Prediction markets like Kalshi, Crypto.com, and Polymarket will have a bunch of Winter Olympics betting opportunities over the course of the next few weeks.
In addition to popular culture markets at these websites, you will likewise see more conventional sports markets like "Which country will win the most gold medals?" and "Who will win the snowboarding guys's halfpipe?"
We'll use the latter as an example.
From Kalshi:
Snowboarding halfpipe: Gold Medal Winner
- Scotty James 47% opportunity Yes 46 cents No 61 cents
- Ruka Hirano 2% opportunity Yes 18 cents No 90 cents
- Yuto Totsuka 1 % possibility Yes 18 cents No 90 cents
Sites like Kalshi show you the probability that something will happen. In the example above, Scotty James has a 47% possibility of winning the snowboarding halfpipe. This translates to +113 American betting odds.
Ruka Hirano, meanwhile, has simply a 2% chance of winning. That translates to a massive +4900 American chances.
Instead of banking on odds, with forecast markets you can purchase and sell "contracts." Most of these agreements enable users to "buy a result" for in between 1 cent and $1.
It's important to keep in mind that with prediction markets you are wagering peer-to-peer, rather of versus the sportsbook.
Winter Olympics betting promotion codes
There is a pu pu platter of wagering alternatives when it pertains to the Winter Olympics in Milano Cortina. There are 16 different events at this year's Winter Olympics with over 100 occasions happening.
Sports wagering websites are commemorating the return of the Winter Olympics with some remarkable sportsbook discounts. Check out the very best deals listed below:
FanDuel: Bet $5, Win $200.
Caesars: $250 Bet Match, Win or Lose.
Fanatics: As much as $1,000 in FanCash Bet Matches.
BetMGM: $1,500 First Bet Offer.
DraftKings: Bet $5, Win $300.
Bet365: Bet $5, Get $200 Win or Lose.
BetRivers: $500 Second Chance Bet
DraftKings likewise has some great chances boosts for the video games in Milano Cortina:
Stars, Stripes and Shutout: USA men's ice hockey to shutout Latvia (+310 ).
Puck Line Ladder: USA to win by 5+ objectives vs. Latvia, Sweden to win by 4+ objectives vs. Italy, Finland to win by 3+ goals vs. Slovakia (+548 ).
Red, White and Runaway: USA males's ice hockey to win by 5+ goals over Latvia (+145 )
States where Winter Olympics betting is legal
The list of states with legal sports betting continues to grow with each passing year. A lot of states have actually legalized sports wagering considering that the last Winter Olympics in 2022.
The last time around, states like North Carolina, Kentucky, Ohio and Massachusetts were still in the dark when it concerned the high-end of having the ability to wager from the comfort of your sofa.
Fortunately, bettors in those states will now be able to bet on all of the Olympic action.
How to bank on the Olympics
The 2026 Winter Olympics started on Wednesday, February 4, and thanks to the increase in legalized sports gaming, this year's Winter Olympics must see the biggest betting deal with ever.
Follow the ideas from our Olympic betting guide below to make smarter wagers in this mostly unknown market.
Olympic sports you can bet on
Since the Supreme Court judgment in 2018 paved the way for legalized sports gambling in America, sportsbooks are giving us wagering odds for more sports than ever, consisting of the 2026 Winter Olympics.
The more popular markets like total and gold medal winners and countries' O/U medal counts are already available while specific event markets are starting to open up as qualifications end up. Here is a list of sports that currently have betting markets available:
- Hockey.
- Biathlon.
- Bobsleigh.
- Cross country skiing.
- Alpine snowboarding.
- Curling.
- Luge.
- Figure skating.
- Speed skating.
- Skeleton.
- Ski leaping
Types of Olympic bets
Not all Olympic bets are made equal, similar to other major sports, with various wagering markets readily available to gamblers for the 2026 Winter Olympics.
Learning how to read Olympics chances can be intimidating for newer bettors, so we have actually broken down and streamlined the types of Olympic bets for you to make more informative wagers this winter season.
Moneyline: betting who will win an Olympic event
Betting on the moneyline - often described as ML - is among the most uncomplicated bets you can make. You just require to select the winner.
The odds are based on suggested probability. If a team is a huge preferred to win, its probability is high and will have lower chances. You can use our odds converter to see a group's indicated likelihood based on their odds.
The chances are shown in American odds (hundreds) most of the time, with the bigger negative number being the favorite, while the side with higher odds being the underdog.
If the favorite is noted as -150, we would require to wager $150 to win $100, or wager $130 if listed at -130 to win $100.
Underdogs are easier to calculate as a +125 team would pay $125 on a $100 bet, or $150 at +150.
In this example, Canada at -120 would be thought about the favorite while the United States at +110 would be the underdog.
We would require to wager $120 on Canada (-120) to win $100 if Canada were to win the video game.
If we wagered $100 on the United States (+110) and won, we would win $110 plus our preliminary wager.
Over/Under totals
Olympic Over/Under amounts to work precisely like other sports' overalls. Books set an educated number on an outcome, and we choose whether we believe the last total will be below (Under) or above (Over) that set overall.
Most overalls are set at half-numbers, which gets rid of the possibilities of a push (tie).
There are many Over/Under overalls in Olympic wagering, with the most typical being countries' overall or gold medal counts. Books will set an overall number on the number of medals a nation might win, and we wager versus that number - either Over or Under.
Using the example above, a game between the American and Czechia women's hockey teams has a set overall of 5.5 combined objectives for the match. The chances for the Over 5.5 are listed at -130, and the Under is +100.
Over wagerers will win if the video game finishes with six or more objectives, and if there are five or less total goals, Under gamblers will win the bet.
Point spread
Points spreads are a way to create a more even wagering deal with between 2 groups that are deemed not equal ahead of a video game or event.
Sportsbooks will set a line (the point number or spread), and bettors will need to pick if the favorite (the "-" team) will win by more than that set number or if the underdog (the "+" team) will not lose by that set number.
Hockey will be one of the most typical point spread bets used at the 2026 Winter Olympics.
In this example, USA is a -3.5 objective favorite in a hockey video game against Czechia, suggesting the Americans need to win the game by four or more goals to cover the spread and win the -115 bet.
If the USA wins by three or fewer objectives or loses outright, bettors backing the American spread will loss, and wagerers on Czechia +3.5 (-115) will win.
Betting on the underdog is typically described as "taking the points," while a bet on the favorite is described as "laying the points."
Props
Prop bets - brief for propositions- are a method to wager on special scenarios or markets. The Super Bowl has made prop wagering popular, with bettors wagering on whatever from the length of the nationwide anthem to the color of the Gatorade put over the winning head coach's head.
The 2026 Winter Olympics will provide a range of prop bets, consisting of lots of Yes/No markets, such as "will a world record be set in speed skating?" or, in many cases, evaluated sports like figure skating for a best rating.
Futures
Future bets are long-running markets. They take longer to pay out but have a longer return in regards to entertainment and capacity higher ROI.