Unlock Olympics Betting Insights: Use Our Free Olympics Implied Probability Calculator for Medal Odds & Props

Olympics implied probability calculator

We have a free Olympics implied probability calculator that you can use now. The 2026 Winter Olympics in Milano Cortina are delivering non-stop drama. Switzerland just surged to tie Norway at 3 gold medals each after Day 3 wins in women’s freeski slopestyle (Mathilde Gremaud’s defense!) and men’s Alpine team combined. Host Italy leads total medals with a bronze haul, while the USA holds steady at 2 golds. But with 100+ events left, the race for most golds overall is wide open.

Sportsbooks still see Norway as the heavy favorite to finish atop the gold medal table (odds around -180 to -195 across sites like FanDuel, DraftKings, and BetMGM, implying ~64-65% chance). The USA sits as the main challenger (+350 to +450 range, ~18-22% implied probability), followed by Germany, Canada, and a longshot Switzerland (+3000+).

Free Olympics Implied Probability Calculator

Want to dig deeper into these odds while tracking the Olympic medal tables? Convert them yourself into real probabilities for any market. Whether it’s “Norway most golds,” “Switzerland surges ahead,” USA podium props, or event-specific bets like curling mixed doubles (USA in the gold game!) or women’s hockey.

Our free Implied Probability Calculator makes it simple:

  • Plug in American odds (e.g., -195 for Norway → ~66% implied win chance).
  • Or use decimal/fractional formats.
  • Instantly see the bookmaker’s estimated likelihood, spot value bets, or compare your own predictions. You can check out our how to use the calculator article here. 

Perfect for Olympics fans, casual bettors, or anyone tracking the medal chase. No sign-up, no cost. Just smart insights.

Head over now and crunch the numbers for today’s events or futures: Implied Probability Calculator

Example: If you see Norway at -180 to win most golds, our calculator shows ~64.29% implied probability. Does that match your gut after Switzerland’s hot start? If you want to combine tools, then also checkout our parlay builder tool as well. 

Try it out, and stay tuned to our live tracker for real-time results. 

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Laurie Marion author
Laurie Marion is a dedicated hockey and college football enthusiast on the Sports Brackets team. A lifelong Boston Bruins fan and proud supporter of the Minnesota Golden Gophers and Big Ten, she covers schedules, brackets, playoffs, and more with passion and expertise.