The Milano-Cortina Winter Olympic Games have officially begun! With 92 participating nations and over 3,000 athletes, this is one of the biggest winter sports events of all time. Until 22 February, Italy will be the centre of attention of sports fans.
In total, there will be 116 medal events across sports like skiing, ice skating, snowboarding, bobsleigh, ice hockey, and curling. Which country is set to take the most medals? Let’s see what the Winter Olympics betting sites have to say.
Where to Bet on Winter Olympics
It’s not a surprise that pretty much all betting sites offer betting on the Winter Olympics and regularly update their odds. After all, it is one of the biggest international sports events this year.
For most sports, the markets are simple - you’ll just need to pick the outright winner, as in who’ll win the gold medal in that event. Team sports like ice hockey offer more interesting markets and betting on individual matches.
To get started, you’ll need to sign up, of course. We’ve also got a few exclusive betting bonuses you can collect:
Winter Olympics Medal Count Predictions
Probably the most interesting Olympics betting market is the medal table, specifically the outright bets on which country will win the most medals.
Norway is the big favourite to take home the most medals, with bookies pricing them at confident 1.36. Their biggest competitor is the United States, priced at 3.75 to win the most medals at the 2026 Winter Olympic Games, followed by Germany at 15 and a Canada-Italy tie at 26.
Historically, these predictions absolutely make sense. At the 2022 Winter Olympics in Beijing, Norway topped the table for both the total medal count (37) and the most gold medals (16). They were also atop the medal table in the 2018 edition of the Winter Olympics, when Germany tied them for the gold medal count.
The Nordic country is also a big favourite in the cross-country skiing competitions, whether it be Johannes Klaebo in the sprint or Johannes Klaebo in the skiathlon. But when it comes to team sports, Canada should be your pick with 2.75 odds of taking gold in the men’s curling and 1.95 in the men’s ice hockey tournament.