NORWAY leads the 2026 Winter Olympics medal table with 30 medals; the USA sits third with 20 and Japan is on 19. For bettors: Norway is the strongest favorite for overall medals and golds, while the U.S. looks like a safe top-3 futures bet; consider value plays on Japan to climb into higher medal ranks as remaining events conclude (78 of 116 events completed).
Winter Olympics 2026: Norway Tops Medal Table, USA Holds Third
Norway has established a clear lead in the 2026 Winter Olympics medal standings, sitting on 30 medals while Italy follows with 24. The United States is third with 20 medals as midway competition continues — 78 of 116 events have been completed. Japan remains within striking distance on 19 medals, making the final days crucial for shifts in the table.
Medal standings at a glance
1. Norway: 30 medals (13 gold, 8 silver, 9 bronze)
2. Italy: 24 medals (9 gold, 4 silver, 11 bronze)
3. United States: 20 medals (6 gold, 9 silver, 5 bronze)
4. Japan: 19 medals (4 gold, 5 silver, 10 bronze)
5. Germany: 17 medals (4 gold, 7 silver, 6 bronze)
6. Austria: 16 medals (5 gold, 8 silver, 3 bronze)
7. France: 16 medals (5 gold, 7 silver, 4 bronze)
8. Netherlands: 13 medals (6 gold, 6 silver, 1 bronze)
9. Sweden: 12 medals (5 gold, 5 silver, 2 bronze)
10. Canada: 12 medals (3 gold, 4 silver, 5 bronze)
11. Switzerland: 10 medals (5 gold, 2 silver, 3 bronze)
12 (tie). Republic of Korea: 6 medals (1 gold, 2 silver, 3 bronze)
12 (tie). People’s Republic of China: 6 medals (0 gold, 3 silver, 3 bronze)
14. Australia: 5 medals (3 gold, 1 silver, 1 bronze)
15 (tie). Czechia: 4 medals (2 gold, 2 silver, 0 bronze)
15 (tie). Slovenia: 4 medals (2 gold, 1 silver, 1 bronze)
15 (tie). Poland: 4 medals (0 gold, 3 silver, 1 bronze)
15 (tie). Finland: 4 medals (0 gold, 0 silver, 4 bronze)
19. Great Britain: 3 medals (3 gold, 0 silver, 0 bronze)
20 (tie). Latvia: 2 medals 20 (tie). New Zealand: 2 medals
20 (tie). Bulgaria: 2 medals Brazil, Kazakhstan, Georgia, Belgium: 1 medal each
Implications for betting markets
Norway’s margin makes it the leading candidate in futures markets for most medals and gold medals. Punters considering outright country markets should see Norway as the favorite, with Italy and the U.S. as the most realistic challengers.
The U.S. is a strong top-3 bet in nation standings; Japan offers potential value to overperform and move ahead of the U.S. or Italy depending on remaining event specialties.
With 78 of 116 events complete, markets can still swing — focus on nations’ strengths in remaining disciplines (e.g., alpine, skating, Nordic) and target event-specific props where momentum and athlete form suggest clear edges.
Key takeaways
Norway leads comfortably but the table can still change as 38 events remain. The U.S. looks secure for a top-3 finish, making top-3 nation futures a pragmatic play. Japan and Italy represent value targets to climb the standings depending on unfinished events. Monitor event-by-event opportunities and medal-prop lines for higher expected value than broad futures.
Miura, Kihara win Japan's 1st Olympic pairs gold
Team USA is currently in third place in the Olympic medal tally, with 20 total, behind Norway with 30 and Italy with 24.
Yahoo! News
