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Sports BettingWednesday, February 4, 20263 min read

Winter Olympics Betting Opens as NHL Players Return

The 2026 Milan Cortina Winter Olympics start today with mixed doubles curling. NHL players return for the first time since 2014, and Canada is the hockey favorite at +125.

By Sharp Money Mike

Est. 2019
THE RAGING DEGENERATE
Your Daily Dose of Gambling News
Sports Betting
Winter Olympics Betting Opens as NHL Players Return
The 2026 Milan Cortina Winter Olympics start today with mixed doubles curling. NHL players return for the first time since 2014, and Canada is the hockey favorite at +125.
By Sharp Money Mike
ragingdegenerate.com
#WinterOlympics #hockey #curling #NHL #DegenLife #GamblingNews

The 2026 Winter Olympics officially begin today in Milan-Cortina, and degenerates worldwide are about to become temporary experts in curling, biathlon, and any other sport with a betting line. Competition kicks off two days before Friday's Opening Ceremony, with mixed doubles curling leading the way.

The Quick Hit

  • What happened: 2026 Winter Olympics competition begins today in Italy
  • The damage: Canada +125 to win men's hockey, USA +210; Norway -155 for most golds
  • Why you should care: NHL players return for the first time since 2014
  • The move: USA women's hockey at -120 offers value against Canada -105

Hockey Is the Main Event

NHL players are back in the Olympics for the first time since Sochi 2014, and that changes everything about men's hockey betting. Suddenly we're not watching minor leaguers and European second-stringers—we're getting Connor McDavid, Sidney Crosby, and Auston Matthews representing their countries.

Canada enters as the +125 favorite to win gold, which feels about right. They've got the deepest talent pool and 38-year-old Sidney Crosby looking for his third Olympic gold as the only holdover from the 2014 team. USA sits at +210, followed by Finland and Sweden in the +600 to +800 range.

The hockey tournament runs February 12-23, with the gold medal game on the final day. Preliminary round action will feature some absurd matchups—imagine McDavid vs. Crosby in a group stage game. The sportsbooks are going to get hammered with action.

Women's Hockey: USA vs. Canada, As Always

The women's tournament remains the USA-Canada show. Those two countries have combined to win every Olympic gold medal since women's hockey debuted in 1998. The betting lines reflect that dominance:

  • USA: -120
  • Canada: -105

USA won gold in 2018, Canada took it back in 2022. The Americans have a slight edge in the betting, but this might as well be a coin flip. Expect a gold medal game decided by one goal, as tradition demands.

Beyond Hockey

For degenerates who want to diversify their Olympic portfolio:

Most Gold Medals:

  • Norway: -155
  • Germany: +450
  • USA: +500
  • Canada: +600

Norway has dominated the medal count in recent Winter Olympics, and their cross-country skiing and biathlon programs are ridiculous. Betting against them feels like fading Pickswise. The Americans and Canadians need hockey gold to have a shot at the overall medal count.

Curling starts today with the mixed doubles event running February 4-10. It's the perfect sport for degenerates—slow enough to follow while placing bets on other events, chaotic enough that upsets happen regularly.

State Restrictions

A few states have weird rules about Olympic betting. Massachusetts bans betting on events decided by judges (figure skating, freestyle skiing judged events), and Iowa restricts betting on events with underage participants and country medal totals. Check your state's rules before hammering the figure skating long program.

Otherwise, sportsbooks in the 38 legal states are fully loaded with Olympic markets. Props on everything from Connor McDavid total goals to whether Shaun White will come out of retirement (he won't) are available.

The Bottom Line

The Winter Olympics are basically a two-week gambling festival disguised as international athletic competition. The NHL's return to hockey makes this the most bet-worthy Winter Games in a decade. Get familiar with the schedules, do your homework on Nordic combined (it's ski jumping plus cross-country, somehow), and enjoy the ride. Competition starts today with curling at 2 AM ET, because apparently that's when Italians think we want to watch rocks slide on ice.