2022 Winter Olympics Odds: Norway Favored To Top Gold Medal Count

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The Opening Ceremony isn’t until Friday, but the 2022 Beijing Games actually start Wednesday. 2022 Winter Olympics odds are available throughout the betting market, and if you’d like to place a wager on the medal count, it’s time to get your action in.

Wednesday will see curling and luge competitors in action, although the first gold medals aren’t awarded in those events until Saturday. Things pick up in earnest Friday, when medals are awarded in cross-country skiing, freestyle skiing, speed skating, short-track speed skating, and ski jumping.

DraftKings, FanDuel, and PointsBet are all offering futures bets on which nation will head home with the most gold medals. FanDuel is also offering odds on which country will claim the most overall medals and a totals bet (over/under) on the number of medals Team USA wins. Both DraftKings and FanDuel are offering totals wagers on the number of gold medals the U.S. will win in China.

And the odds for bettors are good as long as you aren’t planning on wagering on Norway to dominate. Norway is a strong favorite across DraftKings, FanDuel, and PointsBet, with Germany the second betting choice across the board.

FanDuel has the most attractive price on Norway topping the gold medal count with -370 odds. DraftKings and PointsBet have the Norwegians at -400. FanDuel is also the way to go on Germany (+750), compared to +450 at PointsBet, and +400 on DraftKings.

Odds On Gold Medals Vary For Team USA, Canada

While all three mobile sportsbooks agree on Norway and Germany as the top two picks, things get a bit jumbled after that. DraftKings has the Russian Olympic Committee third at +750, followed by the USA and Canada at +1200 apiece. It’s a steep drop from there, with the Netherlands at +5000 and Sweden at +6500.

FanDuel has the Russian Olympic Committee at +1000, Canada at +1500, and the U.S. at +1800. The Netherlands and host China are both +5000 at FanDuel, with Sweden +10000.

PointsBet, meanwhile, has the USA, Canada, and the Russian Olympic Committee all at +1000, with Sweden and the Netherlands both at +6600.

When it comes to which country will win the most overall medals, FanDuel has Norway at -470, with the Russian Olympic Committee next at +850. Germany is third at +1000, with the U.S. and Canada both +1800. The Netherlands are again next, but at +8000.

2022 Winter Olympics Odds: Team USA Gold Medals

FanDuel and DraftKings have different numbers for gold medals Team USA will win.

FanDuel has the number at 8.5 golds with the ‘over’ and ‘under’ both at -110. DraftKings set the number for Team USA golds at 9.5, with the ‘under’ sitting at -155 and the ‘over’ at +120.

FanDuel sets the total number of medals won by the U.S. at 22.5 with the ‘over’ and ‘under’ both -110.

About the Author
Mark Ashenfelter

Mark Ashenfelter

Mark Ashenfelter is a Connecticut-based sportswriter and editor who has covered everything from NASCAR to the Philadelphia Phillies and Eagles. A life-long Philadelphia sports fan, in addition to Penn State football and the Baltimore Orioles, he's previously worked at ESPN, NASCAR Scene magazine and the Daily Local News in Chester County, PA.

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