Team USA opens its Olympic hockey journey with a matchup against Latvia and is priced as an overwhelming favorite for Thursday's Group C clash.
The prediction market data reveals the lopsided nature of this David vs. Goliath matchup, with Latvia's chances priced at just 8 cents (8% probability). Heavy trading volume of over 38,000 contracts on the USA side demonstrates significant confidence from users, while the bid-ask spread sits at 92%-93%, indicating strong market consensus about the likely outcome.
If you want to get in on the action and predict the USA vs Latvia, or any other Olympic event, Kalshi offers trading on a variety of markets. Kalshi is offered in most states and allows users to make predictions across several unique markets, including sports, politics, and entertainment.
USA vs Latvia Predictions: Kalshi Odds
Traditional sportsbooks echo Kalshi's sentiment, with DraftKings installing Team USA as a -2400 moneyline favorite while BetMGM has the Americans laying a substantial -3.5. The over/under is set at six, which suggests a potentially high-scoring affair despite the mismatch.
This also represents the first Olympic appearance for NHL players since 2014, which adds significant star power to Team USA's roster. The Americans are seeking their first Olympic gold since the legendary "Miracle on Ice" triumph in 1980, but won gold at the 2025 World Championships and finished fifth at the previous Winter Games.
Latvia, meanwhile, faces an uphill battle as the tournament's clear underdog. The Baltic nation placed 10th at last year's World Championships and 11th at the 2022 Beijing Olympics.
What is Kalshi
Different than a traditional sportsbook and available in most states, Kalshi allows users to make predictions across several unique markets, including sports, entertainment, elections, and even weather.
Kalshi operates on a contract-based system where users buy "contracts" (priced between 1-99 cents) based on whether they believe a specific event will happen. The price of each contract fluctuates in real time based on market sentiment and like the stock market, traders can sell positions early to lock in profits (or minimize losses).
