How To Bet On The Winter Olympics
With the Milano Cortina Winter Games underway, Olympic betting will be brand-new for lots of sports bettors.
But do not get overloaded!
Let us guide you through 2026 Olympics betting with some essentials on checking out Milano Cortina Winter Olympics chances, and ideas for making smarter Olympic bets.
Can you bank on the Olympics?
Yes, you can bank on the Olympics through different sportsbooks and wagering platforms that provide Olympic betting markets.
Betting on the Olympics normally includes a variety of popular sports, such as men's and women's ice hockey and curling, alpine skiing, figure skating, snowboarding, and more.
However, it is necessary to keep in mind that wagering policies vary by country and state, so it's vital to examine the laws in your jurisdiction.
Where to bank on the Olympics
Olympic betting is entering into kind, and the Milano Cortina Winter Games will bring in betting attention. Where you bank on the Olympics is simply as essential as what you bet, and we recommend the best betting sites available in your .
Traditional sportsbooks like DraftKings, FanDuel, and BetMGM will have plenty of options for wagering. In addition, forecast markets are going to be huge when it comes to betting on the Winter Games.
Olympics wagering at forecast markets
Prediction markets are quickly rising in appeal due to their special betting options. Much of these props do not appear at standard sportsbooks.
In the coming days, expect to see pop culture markets like:
- Who will be Lindsey Vonn's next boyfriend?
- Will Donald Trump attend the Olympics?
- Will fans boo during the USA national anthem at the Olympics?
- Will any athletes get busted for steroids at the Winter Olympics?
Basically, there is very little off-limits when it comes to forecast market apps.
Prediction markets like Kalshi, Crypto.com, and Polymarket will have a bunch of Winter Olympics betting chances throughout the next few weeks.
In addition to popular culture markets at these sites, you will likewise see more traditional 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% chance Yes 18 cents No 90 cents
- Yuto Totsuka 1 % opportunity Yes 18 cents No 90 cents
Sites like Kalshi show you the possibility that something will happen. In the example above, Scotty James has a 47% chance of winning the snowboarding halfpipe. This equates to +113 American betting odds.
Ruka Hirano, meanwhile, has just a 2% possibility of winning. That equates to a massive +4900 American odds.
Instead of wagering on odds, with prediction markets you can buy and sell "agreements." Most of these agreements permit users to "purchase an outcome" for in between 1 cent and $1.
It is essential to keep in mind that with forecast markets you are wagering peer-to-peer, rather of against the sportsbook.
Winter Olympics betting promotion codes
There is a pu pu plate of wagering options when it pertains to the Winter Olympics in Milano Cortina. There are 16 various occasions at this year's Winter Olympics with over 100 occasions occurring.
Sports wagering sites are commemorating the return of the Winter Olympics with some amazing sportsbook promotions. Have a look at the very best offers listed below:
FanDuel: Bet $5, Win $200.
Caesars: $250 Bet Match, Win or Lose.
Fanatics: Approximately $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 terrific chances improves for the games in Milano Cortina:
Stars, Stripes and Shutout: USA guys'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 guys's ice hockey to win by 5+ objectives over Latvia (+145 )
States where Winter Olympics betting is legal
The list of states with legal sports wagering continues to grow with each passing year. Numerous states have legislated sports wagering since 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 came to the luxury of having the ability to wager from the comfort of your sofa.
Fortunately, gamblers in those states will now be able to wager 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 betting, this year's Winter Olympics ought to see the biggest wagering handle ever.
Follow the ideas from our Olympic wagering guide listed below to make smarter wagers in this mainly unknown market.
Olympic sports you can bet on
Since the Supreme Court ruling in 2018 led the way for legalized sports gambling in America, sportsbooks are providing us betting 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 readily available while individual event markets are beginning to open as qualifications complete. Here is a list of sports that already have wagering markets readily available:
- Hockey.
- Biathlon.
- Bobsleigh.
- Cross nation skiing.
- Alpine skiing.
- Curling.
- Luge.
- Figure skating.
- Speed skating.
- Skeleton.
- Ski leaping
Kinds of Olympic bets
Not all Olympic bets are made equivalent, comparable to other major sports, with different betting markets offered to gamblers for the 2026 Winter Olympics.
Learning how to read Olympics chances can be frightening for newer wagerers, so we have broken down and streamlined the kinds of Olympic bets for you to make more insightful wagers this winter season.
Moneyline: betting who will win an Olympic occasion
Betting on the moneyline - often referred to as ML - is among the most simple bets you can make. You simply need to select the winner.
The odds are based on indicated possibility. If a team is a huge favorite to win, its likelihood is high and will have lower odds. You can use our odds converter to see a group's suggested possibility based upon their odds.
The chances are displayed in American chances (hundreds) the majority of the time, with the bigger unfavorable number being the preferred, while the side with higher odds being the underdog.
If the favorite is listed as -150, we would require to wager $150 to win $100, or bet $130 if noted 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 considered the preferred while the United States at +110 would be the underdog.
We would need to bet $120 on Canada (-120) to win $100 if Canada were to win the game.
If we wagered $100 on the United States (+110) and won, we would win $110 plus our initial wager.
Over/Under amounts to
Olympic Over/Under totals work precisely like other sports' totals. Books set an informed number on a result, and we pick whether we think the last total will be listed below (Under) or above (Over) that set total.
Most overalls are set at half-numbers, which gets rid of the chances of a push (tie).
There are many Over/Under totals in Olympic wagering, with the most typical being nations' overall or gold medal counts. Books will set an overall number on how lots of medals a nation might win, and we bet versus that number - either Over or Under.
Using the example above, a video game between the American and Czechia ladies'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 gamblers will win if the game finishes with 6 or more objectives, and if there are 5 or fewer overall objectives, Under wagerers will win the bet.
Point spread
Points spreads are a method to develop a more even betting handle in between two teams that are considered not equal ahead of a game or occasion.
Sportsbooks will set a line (the point number or spread), and wagerers will need to pick if the preferred (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 among the most common point spread bets provided at the 2026 Winter Olympics.
In this example, USA is a -3.5 goal favorite in a hockey video game versus Czechia, implying the Americans need to win the game by 4 or more objectives to cover the spread and win the -115 bet.
If the USA wins by three or fewer goals or loses outright, wagerers backing the American spread will loss, and gamblers on Czechia +3.5 (-115) will win.
Betting on the underdog is frequently referred to as "taking the points," while a bet on the favorite is described as "laying the points."
Props
Prop bets - short for proposals- are a method to wager on distinct situations or markets. The Super Bowl has actually made prop wagering popular, with gamblers wagering on everything from the length of the national anthem to the color of the Gatorade poured over the winning head coach's head.
The 2026 Winter Olympics will use a variety of prop bets, consisting of many Yes/No markets, such as "will a world record be embeded in speed skating?" or, in some cases, judged sports like figure skating for a perfect score.
Futures
Future bets are long-running markets. They take longer to pay but have a longer return in concerns to home entertainment and capacity greater ROI.