Welcome to the world of Winter Olympic betting! Whether you’re backing Team Canada or just love the thrill of global competition, betting on the Games adds an extra spark to every event. Here, you’ll find the latest Olympic odds, the best betting sites in Canada, and simple tips on which bets to try—perfect for anyone new to sports betting. Let’s dive in and make the world’s biggest sporting event even more exciting.

2026 Olympic Betting Odds: Most Gold Medals
Throw down a wager on which country will win the most gold medals at the Milano Cortina 2026 Winter Olympics. These odds were last updated on Nov 29, 2025 :
| Country | Odds from bet365 |
|---|---|
| Norway | -154 |
| Germany | +450 |
| USA | +550 |
| Canada | +600 |
| Italy | +1200 |
| Netherlands | +2000 |
| Switzerland | +2500 |
| Sweden | +5000 |
| France | +6600 |
| China | +10000 |
Best Winter Olympics Betting Sites
| 🥇 Olympics Betting Site | ⭐ Overall Rating | 🔑 Key Feature | 🟢 Sign Up |
|---|---|---|---|
| bet365 | 5/5 | Best Overall | Join Now! |
| Sports Interaction | 4.9/5 | Best for Live Odds | Join Now! |
| BetVictor | 4.5/5 | Best for Same Match Parlays | Join Now! |
| TonyBet | 4.5/5 | Best for Prop Bets | Join Now! |
| ToonieBet | 4.5/5 | Best User-Interface | Join Now! |
| Parimatch | 4.5/5 | Best Selection Betting Markets | Join Now! |
| BET99 | 4/5 | Best Futures Betting | Join Now! |
| 10bet | 4/5 | Best for eSports | Join Now! |
| Stake.com | 4/5 | Best Crypto Betting | Join Now! |
| Betway | 4/5 | Best Mobile App | Join Now! |
| 🥇 Olympics Betting Site | ⭐ Overall Rating | 🔑 Key Feature | 🟢 Sign Up |
|---|---|---|---|
| bet365 | 5/5 | Best Overall | Join Now! |
| Sports Interaction | 4.9/5 | Best for Live Odds | Join Now! |
| BetVictor | 4.5/5 | Best for Same Match Parlays | Join Now! |
| TonyBet | 4.5/5 | Best for Value on Prop Bets | Join Now! |
| ToonieBet | 4.5/5 | Best User-Interface | Join Now! |
| BET99 | 4.5/5 | Best Futures Betting | Join Now! |
| NorthStar Bets | 4/5 | Best Betting Insights/Analytics | Join Now! |
| BetMGM | 4/5 | Best Selection of Props | Join Now! |
| Betway | 4/5 | Best Mobile App | Join Now! |
| Pinnacle | 4/5 | Best Odds Value | Join Now! |
Breakdown: Top 5 Olympics Betting Sites
If you’re unsure of where to place your Olympics picks, be sure to check out our Top 5 Olympics sportsbooks featured below. Each of these oddsmakers offers some of the best Olympic betting odds on the market, giving you the best shot to go for gold on all your Olympics bets.
1. bet365 Olympic Betting

bet365 is one of the biggest sportsbooks in the world. Based in the UK, they’ve slowly made their move across the pond in recent years, expanding to Canada and several US states.
When it comes to betting on the Olympics, there aren’t many betting sites better than bet365. They’ve led the way by having many Olympic bets available for months ahead of the Games. Whether you’re an experienced bettor or someone looking to start betting this year, bet365 has something for everyone to enjoy while betting on the Olympics.
⭐ Olympic Betting Features:
- Massive Multi-Sport Selection for Olympic Betting 2026
- User-Friendly Interface
- Competitive Odds
2. Sports Interaction Olympic Betting

Founded in 1997, Sports Interaction is one of the oldest sportsbooks in Canada. Its long history has created an enormous fan base of dedicated players, yet it still manages to attract new sports fans and bettors through its superb service.
Sports Interaction offers a good selection of Olympic bets, with a primary focus on gold medal special bets, and provides a solid betting market for major Olympic sports. It also offers a range of excellent sports betting features, including early cash-out options, live betting, and a comprehensive customer support section.
⭐ Olympic Betting Features:
- Fantastic for Live Betting the Olympics
- Great Selection of Banking Methods
- 24/7 Customer Support
3. BetVictor Olympic Betting

Having been in operation for decades, you can’t go wrong placing bets with one of the best Olympic betting sites in Canada, BetVictor. Offering a great range of Olympic bets, you can place wagers on all the biggest events of the Olympics.
Along with their easy-to-use betting platform, BetVictor also offers competitive odds, speedy deposit methods, and reliable customer service.
⭐ Olympic Betting Features:
- Unique Olympic Betting Markets
- Great Odds
- Fast-Deposit Times
4. TonyBet Olympic Betting

If you’re looking for a place to earn the best bang for your buck on Winter Olympics odds, look no further than TonyBet.
Providing its players with the best odds on prop bets for the Olympics, you can net a massive payday when you place any bets with TonyBet. Additionally, TonyBet offers a user-friendly service that is fast-acting, making loading bet slips, placing wagers, and withdrawing winnings a breeze.
⭐ Olympic Betting Features:
- Best Prop Bet Odds
- Intuitive User-Interface
- Great for Novice Bettors
5. ToonieBet Olympic Betting

Last but not least, a rising star in the Canadian sports betting scene, ToonieBet is an excellent destination for all your Olympic sports betting needs.
With their flashy app design, bettors are in for a thrilling experience as they back Team Canada to go for gold at the upcoming Olympic Games. With outstanding odds on a variety of Olympic betting markets, bettors will never run out of competitions to wager on.
⭐ Olympic Betting Features:
- Great Variety of Olympic Betting Options
- Easy-to-Use Interface
- 24/7 Customer Support

How to Bet on Olympics Odds
Can you bet on the Olympics? You sure can! If you’re new to sports gambling, don’t sweat it; we’ve got you covered. Here’s how to bet on the Olympics in four simple steps:
- Choose a Sportsbook. First things first, find the betting site that’s right for you. Scroll down for a list of our favourite betting sites or check out our in-depth sportsbook reviews here. Key factors to consider when choosing a sportsbook are:
- The value of the odds offered by the sportsbook
- The variety of Olympic Games betting markets
- The availability of multiple reliable banking methods
- 24/7 customer support.
- Create an Account. Click the link provided and select “Sign up” or “Join”. You’ll need to provide personal information such as your legal name, address, and birthdate in order to verify you’re legally eligible to bet on sports in your region. You may be asked to verify your identity with a government-issued ID.
- Make a Deposit. Load up your sportsbook account with funds to fire off wagers on the Olympics. Navigate to the financial or cashier section of your sportsbook, choose a deposit method that works for you and transfer money into your new betting account.
- Place your Bets. Navigate to the “Olympics” section of your sportsbook and check out the available betting markets for the Olympics. Find the market you wish to wager on, click to add it to your bet slip, hit confirm and sweat out your bets on the world’s biggest stage!
How to Read Olympic Betting Odds

If you’re going to bet on the upcoming Olympics, you’ll need to understand how to read betting odds. Sportsbooks can display odds in three different formats:
| American Odds | Decimal Odds | Fractional Odds |
|---|---|---|
| +230 | 3.30 | 23/10 |
Below, we’ve highlighted how to read betting odds in “American” format. In this type of odds display, a favourite is displayed with a minus sign (-) and underdogs are shown using a plus sign (+). A minus sign indicates the amount of money that needs to be wagered in order to profit $100. Inversely, a plus sign indicates how much profit is won by wagering $100.
For example:
- Favourite: -130 (risk $130 to win $100, total return = $230)
- Underdog: +130 (risk $100 to win $130, total return = $230)
Check out how much can be won by varying odds and wager sizes below on this year’s Winter Olympic betting odds.
| Wager Size | -150 | +130 |
|---|---|---|
| $5 | $3.33 | $6.50 |
| $10 | $6.67 | $13 |
| $20 | $13.33 | $26 |
| $25 | $16.67 | $32.50 |
| $50 | $33.33 | $65 |
💡 Pro tip: Use our handy odds calculator to easily convert one odds format to another and to calculate your potential winnings.
Most Popular Olympics Betting Markets
With 116 events set to take place over the course of the Milano Cortina 2026 Olympics, there’s no shortage of wagers to be placed on the most popular Olympics betting markets. Learn how you can bet on the Olympics with these popular betting markets below and get ready to win big on this year’s Winter Games.
🥇 Olympics Moneylines
Moneyline bets are the simplest and most common way to bet on the Olympic tournament. Moneylines are commonly found in events that feature head-to-head competitions such as hockey and curling.
To bet a moneyline bet, pick which individual athlete or team you think will win a race, match, or other single event. If your pick wins, you win your bet.
For example, let’s say Canada is playing Team USA in hockey. The moneyline odds could look something like this:
- Canada -120
- USA +100
In the American odds system, commonly used at most sportsbooks in Canada, Olympic odds are expressed as negative and positive numbers. The smaller the number, the bigger the favourite. So, from our example above, Team Canada is favoured to win with -120 odds.
To win $100 betting on Canada to win, you’d need to bet $120. If you bet $100 on the Americans, you’d win $100 if they beat the Canucks.
🥇 Olympics Over/Under
Over/Under bets, also called totals bets, are wagers on the total number of points, goals, etc., scored in a match. Most sportsbooks set a betting line, and then you can place a wager on whether more or fewer points will be scored in the game.
Totals bets are also incredibly popular futures bets where you can bet on the total number of gold medals a nation will win or will win more gold medals between two countries.
For example, if you wanted to bet on how many gold medals Canada will win at the 2026 Winter Olympics, the odds will look something like this.
- OVER 5.5 -130
- UNDER 5.5 +120
In this example, you could bet on whether you think Team Canada can collect six more gold medals, or five or fewer.
🥇 Olympics Prop Bets
Prop bets are bets on some aspect of an event that are not related to the outcome. Typically, prop bets are bets on how athletes within individual events will perform. Props bets can also be placed on an entire squad for team sports, too.
One common prop bet sports bettors are familiar with is points in hockey. A bet on Connor McDavid to score more than 1.5 points in a game is a prop bet.
🥇 Olympics Parlays
Parlay bets are combined bets. For example, you could place a bet on the winner of the luge and the bobsled. Getting two bets right is more challenging than picking just one, so parlay bets payout more than wagers on individual events. They are riskier, though, so keep that in mind before you start building huge, multi-leg parlays.
🥇 Olympics Live Betting
From the lighting of the Olympic Flame to the closing ceremonies, the Milano Cortina 2026 Winter Games will take place over the course of about two and a half weeks. This means the games will be going on almost constantly. Live betting allows you to place your wagers while the events are going on.
In-play betting is most popular for sporting events that take a considerable amount of time to complete, such as hockey games. You can bet on potential gold medal winners, over/under, and much more while the action is taking place.
🥇 Olympics Spread Betting
Spread betting is betting on the margin of victory. Sportsbooks give you point spreads, and you bet whether the margin of victory will be within or greater than the spread. For example, if Team Canada is -1.5 favourites in a game, they need to win by more than two points to win “against the spread.”
Betting against the spread is one of the most popular ways to bet on sports. It’s a little less popular at the Olympics due to the nature of many Olympic sporting events. However, you can still find plenty of chances to bet on point spreads with hockey, curling, and other popular head-to-head events.
🥇 Olympics Futures Odds
Futures bets, or futures, are bets on the outcome of any event larger than one match. Bets on which nation will win the most medals overall are the most popular Olympic bets. At the last Olympics in 2022, Norway took home the most gold medals as well as the most medals overall at the Beijing Winter Games.
Along with the total number of gold medals won by a Nation, you can also place future bets on each event, backing a country/team to finish on the podium or win gold in that specific event.

Biggest Winter Olympic Betting Events
While a wide range of thrilling sporting events will take place at the 2026 Winter Olympics, some sports are more popular than others. Learn more about some of the most popular sports and Olympic betting lines available on the upcoming games, and don’t miss out on your chance to bet on the action.
🏒 Hockey
The most popular sport in Canada and one of the most highly anticipated events of the Winter Olympics, Men’s and Women’s hockey are highlights of the Winter Games.
With the women’s rivalry between Team Canada and Team USA set to continue at the 2026 Olympics, the men’s hockey tournament is also poised to explode in popularity this season, as NHL players will return to representing their national flag for the first time since 2014 in Sochi.
Set to feature the most Winter Olympic betting lines of any event, get ready to drop the puck and sweat out the action in the biggest hockey event of the year.
⛷️ Skiing
Another sport that has a popular following at the Winter Games is skiing. With various events, including moguls, jumping, and downhill races, there’s a wide variety of skiing events to bet on.
These various Olympic Games betting odds markets will feature a plethora of Canadians who’ll have a legitimate shot to take home gold medals at the conclusion of the event.
Bet on Olympic Skiing with bet365
⛸️ Skating
Just like skiing, there are several variations of skating events, such as figure skating and speed skating. Whether you want to bet on the beauty and grace of figure skating or the high-octane thrill of speed skating, there’s plenty of juicy Olympic prop bets waiting to be placed.
Notable props include the fastest lap times in speed skating, or whether there will be a perfect score in any performance during figure skating.
Bet on Olympic Skating with bet365
🏂 Snowboarding
Having exploded in popularity and in the variety of events set for the Olympics, snowboarding is one of the most exciting Winter Olympic betting markets around.
Whether you want to wager on the jaw-dropping highlights of the half-pipe or cheer on Team Canada in racing, snowboarding is a can’t-miss event at the 2026 Winter Olympics.
Bet on Olympic Snowboarding with bet365

Olympics Odds Canada: Best Tips & Strategy
To help put you in a position to go for gold on all your Olympic bets, check out some of our best Olympic betting tips & strategies below that will help you get the most out of all your Olympic bets.
🤓 Do your Research
When it comes to betting on the Olympics, conducting thorough research is crucial for the success of any bet. Whether you’re looking into historical trends, recent finishes at the World Championships, or any other notable trends, this can all come in handy when crafting your winning bet slip on the 2026 Winter Olympics.
🛒 Compare Odds
In order to maximize your winning potential, comparing odds between multiple sportsbooks is a great way to score the best bang for your buck. For each event taking place, each oddsmaker will offer their own unique lines & odds. By placing your bets with the betting site that has the highest odds value provided, you can boost your bankroll to the max during your Winter Olympic sports betting experience.
✋ Bet Responsibly
Lastly, keep your betting habits enjoyable, and always bet responsibly. Some easy self-regulation techniques to use include tracking your spending, avoiding chasing losses, and limiting wagers to what you can afford to lose. The best Olympic betting sites offer additional helpful responsible gambling tools, including account limits, timeouts, and self-exclusions.
Closing Ceremonies: Olympic Betting
Don’t wait, head to one of the best betting sites in Canada today and get ready to score an Olympic-sized payday on your upcoming bets for the 2026 Winter Games. Regardless of what sport is your favourite, there’s something for everyone to enjoy at the top online sportsbooks in Canada.
Olympics Odds FAQs
As the Winter Games are still a while away, with the field for several competitions still being established, Norway is currently favoured to win the gold medal count at the Olympics in 2026.
Yes, you can bet on the Olympics and other international competitions in Canada. Regardless of which province you live in, several Olympic betting sites accept Canadian bettors on their platforms.
Milan and Cortina d’Ampezzo, Italy, will host the next Winter Olympics. Events will be shared between the two locations and will be the first time that Italy has hosted the Winter Games since 2006 in Turin.
