How To Bank On The Winter Olympics
With the Milano Cortina Winter Games underway, Olympic wagering will be brand-new for plenty of sports gamblers.
But do not get overwhelmed!
Let us guide you through 2026 Olympics wagering with some basics on checking out Milano Cortina Winter Olympics chances, and ideas for making smarter Olympic bets.
Can you bank on the Olympics?
Yes, you can wager on the Olympics through various sportsbooks and betting platforms that offer Olympic betting markets.
Betting on the Olympics normally consists of a variety of popular sports, such as men's and ladies's ice hockey and curling, alpine snowboarding, figure skating, snowboarding, and more.
However, it is essential to keep in mind that wagering regulations differ by nation and state, so it's vital to examine the laws in your jurisdiction.
Where to bet on the Olympics
Olympic betting is entering kind, and the Milano Cortina Winter Games will attract wagering attention. Where you bank on the Olympics is just as essential as what you bet, and we recommend the very best betting websites readily available in your jurisdiction.
Traditional sportsbooks like DraftKings, FanDuel, and BetMGM will have lots of options for betting. In addition, prediction markets are going to be big when it comes to betting on the Winter Games.
Olympics betting at forecast markets
Prediction markets are quickly increasing in popularity due to their special betting choices. Many of these props do not appear at conventional sportsbooks.
In the coming days, anticipate to see pop culture markets like:
- Who will be Lindsey Vonn's next sweetheart?
- Will Donald Trump participate in 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 wagering chances throughout the next couple of weeks.
In addition to pop culture markets at these websites, you will also see more conventional sports markets like "Which country will win the most gold medals?" and "Who will win the snowboarding men's halfpipe?"
We'll use the latter as an example.
From Kalshi:
Snowboarding halfpipe: Gold Medal Winner
- Scotty James 47% possibility 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 reveal you the possibility that something will occur. In the example above, Scotty James has a 47% possibility 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 whopping +4900 American odds.
Instead of wagering on odds, with prediction markets you can buy and sell "contracts." The majority of these agreements permit users to "buy a result" for between 1 cent and $1.
It is necessary to remember that with forecast markets you are betting peer-to-peer, instead of against the sportsbook.
Winter Olympics wagering promotion codes
There is a pu pu platter of betting choices when it pertains to the Winter Olympics in Milano Cortina. There are 16 various events at this year's Winter Olympics with over 100 events happening.
Sports wagering websites are commemorating the return of the Winter Olympics with some amazing sportsbook promos. Have a look at the finest deals 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 also has some terrific chances increases for the games in Milano Cortina:
Stars, Stripes and Shutout: USA males'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+ objectives over Latvia (+145 )
States where Winter Olympics wagering is legal
The list of states with legal sports betting continues to grow with each passing year. Many states have legalized sports wagering because 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 luxury of having the ability to bet from the comfort of your sofa.
Fortunately, wagerers 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 began on Wednesday, February 4, and thanks to the increase in legalized sports gambling, this year's Winter Olympics ought to see the largest wagering manage ever.
Follow the tips from our Olympic wagering guide listed below to make smarter wagers in this mainly unknown market.
Olympic sports you can bank on
Since the Supreme Court judgment in 2018 paved the way for legalized sports betting in America, sportsbooks are giving us betting chances for more sports than ever, including the 2026 Winter Olympics.
The more popular markets like overall and gold medal winners and nations' O/U medal counts are currently readily available while specific event markets are beginning to open up as certifications complete. Here is a list of sports that currently have wagering markets readily available:
- Hockey.
- Biathlon.
- Bobsleigh.
- Cross nation snowboarding.
- Alpine snowboarding.
- Curling.
- Luge.
- Figure skating.
- Speed skating.
- Skeleton.
- Ski leaping
Types of Olympic bets
Not all Olympic bets are made equal, comparable to other significant sports, with various betting markets readily available to bettors for the 2026 Winter Olympics.
Learning how to read Olympics chances can be for more recent gamblers, so we have actually broken down and simplified the kinds of Olympic bets for you to make more informative wagers this winter.
Moneyline: betting who will win an Olympic event
Betting on the moneyline - sometimes described as ML - is one of the most straightforward bets you can make. You simply require to choose the winner.
The chances are based upon indicated probability. If a group is a huge preferred to win, its possibility is high and will have lower chances. You can use our chances converter to see a team's suggested probability based on their odds.
The odds are displayed in American chances (hundreds) most of the time, with the bigger unfavorable number being the preferred, while the side with greater 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 group 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 bet $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' overalls. Books set an educated number on an outcome, and we choose whether we believe the final overall will be listed below (Under) or above (Over) that set total.
Most totals are set at half-numbers, which eliminates the opportunities of a push (tie).
There are numerous Over/Under overalls in Olympic betting, with the most common being countries' total or gold medal counts. Books will set a total number on how many medals a country could win, and we bet versus that number - either Over or Under.
Using the example above, a video game between the American and Czechia females's hockey groups has a set total of 5.5 combined goals for the match. The chances for the Over 5.5 are noted at -130, and the Under is +100.
Over wagerers will win if the game completes with six or more goals, and if there are 5 or fewer total objectives, Under wagerers will win the bet.
Point spread
Points spreads are a way to produce a more even betting manage between 2 teams that are deemed not equal ahead of a video game or event.
Sportsbooks will set a line (the point number or spread), and wagerers will have to choose if the preferred (the "-" team) will win by more than that set number or if the underdog (the "+" group) will not lose by that set number.
Hockey will be one of the most common point spread bets used at the 2026 Winter Olympics.
In this example, USA is a -3.5 objective favorite in a hockey game against Czechia, meaning the Americans require 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, wagerers backing the American spread will loss, and gamblers on Czechia +3.5 (-115) will win.
Betting on the underdog is typically 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 bet on unique scenarios or markets. The Super Bowl has made prop wagering popular, with wagerers wagering on everything 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 offer a range of prop bets, consisting of lots of Yes/No markets, such as "will a world record be embeded in speed skating?" or, in many cases, evaluated sports like figure skating for an ideal score.
Futures
Future bets are long-running markets. They take longer to pay but have a longer return in concerns to home entertainment and potential greater ROI.