A new addition to the NHL odds is set for February 2025, as the inaugural 4 Nations Face-Off will take place — in lieu of the NHL All-Star Game.
The international competition features Canada, the United States, Sweden, and Finland in a round-robin tournament, followed by a one-game winner-take-all final. The event is split between the Bell Centre in Montreal and TD Garden in Boston and will be broadcast on TNT, ABC, and ESPN in the U.S., along with Rogers Sportsnet and TVA in Canada.
The official full rosters were announced today, and while we're still months out, here are the latest 2025 4 Nations Face-Off odds now that we know who will actually play.
2025 4 Nations Face-Off odds
Canada
USA
Sweden
FinlandOdds as of 12-4.
2025 4 Nations Face-Off betting analysis
It's no surprise that Canada is the favorite, featuring a ton of offensive star power led by the likes of Nathan MacKinnon, Connor McDavid, Sidney Crosby, and Cale Makar. The Canadians also have a good blend of skill and toughness in the Bottom-6, but the biggest question is if the goaltending can hold up, with either Jordan Binnington or Adin Hill the likely No. 1.
Right on Canada's heels is its Southern neighbor, Team USA, which balances high-end offensive talent of its own with arguably the deepest blue line of the four teams — along with elite goaltending led by Connor Hellebuyck and Jake Oettinger.
Sweden and Finland are the long shots here, but neither roster should be taken too lightly. Sweden has depth at all three levels, led by William Nylander, Filip Forsberg, Rasmus Dahlin, and Jacob Markstrom, while Finland has top-end talent in Sasha Barkov, Sebastian Aho, Mikko Rantanen, and Miro Heiskanen... but the depth (and goaltending) falls off rather quickly.
2025 4 Nations Face-Off rosters
Here are the official rosters for the 2025 4 Nations Face-Off for Canada, USA, Sweden, and Finland.
| Canada | USA | ||
|---|---|---|---|
| Player | Pos. | Player | Pos. |
 Connor McDavid |
F |  Auston Matthews |
F |
 Sidney Crosby |
F |  Jack Eichel |
F |
 Brayden Point |
F |  Matthew Tkachuk |
F |
| Anthony Cirelli |
F |  Brady Tkachuk |
F |
| Sam Reinhart |
F |  Kyle Connor |
F |
 Brad Marchand |
F | Jake Guentzel |
F |
| Brandon Hagel |
F |  Jack Hughes |
F |
| Sam Bennett |
F |  Chris Kreider |
F |
| Mitch Marner |
F |  Dylan Larkin |
F |
 Nathan MacKinnon |
F |  J.T. Miller |
F |
| Mark Stone |
F |  Brock Nelson |
F |
 Travis Konecny |
F |  Matt Boldy |
F |
 Seth Jarvis |
F | Vincent Trocheck |
F |
| Cale Makar |
D | Charlie McAvoy |
D |
| Devon Toews |
D | Adam Fox |
D |
| Shea Theodore |
D | Quinn Hughes |
D |
| Alex Pietrangelo |
D | Noah Hanifin |
D |
| Josh Morrissey |
D |  Zach Werenski |
D |
 Colton Parayko |
D | Jaccob Slavin |
D |
| Travis Sanheim |
D | Brock Faber |
D |
| Jordan Binnington |
G | Connor Hellebuyck |
G |
| Adin Hill |
G |  Jake Oettinger |
G |
 Sam Montembeault |
G | Jeremy Swayman |
G |
| Sweden | Finland | ||
|---|---|---|---|
| Player | Pos. | Player | Pos. |
 Filip Forsberg |
F | Sebastian Aho |
F |
| William Nylander |
F | Mikko Rantanen |
F |
| Mika Zibanejad |
F | Aleksander Barkov |
F |
 Adrian Kempe |
F | Joel Armia |
F |
| Joel Eriksson Ek |
F |  Mikael Granlund |
F |
| Gustav Nyquist |
F | Erik Haula |
F |
| Lucas Raymond |
F | Roope Hintz |
F |
| Elias Lindholm |
F | Kaapo Kakko |
F |
| Viktor Arvidsson |
F | Patrik Laine |
F |
| Elias Pettersson |
F | Artturi Lehkonen |
F |
| Jesper Bratt |
F | Anton Lundell |
F |
| William Karlsson |
F | Eetu Luostarinen |
F |
 Leo Carlsson |
F |  Teuvo Teravainen |
F |
| Gustav Forsling |
D | Miro Heiskanen |
D |
| Victor Hedman |
D | Esa Lindell |
D |
| Erik Karlsson |
D | Jani Hakanpaa |
D |
 Rasmus Andersson |
D | Niko Mikkola |
D |
| Mattias Ekholm |
D |  Olli Maatta |
D |
| Jonas Brodin |
D | Rasmus Ristolainen |
D |
 Rasmus Dahlin |
D | Juuso Valimaki |
D |
| Jacob Markstrom |
G | Juuse Saros |
G |
| Filip Gustavsson |
G | Ukko-Pekka Luukkonen |
G |
| Linus Ullmark |
G | Kevin Lankinen |
G |
Popular NHL futures markets
2025 4 Nations Face-Off Schedule
Montreal (Bell Centre)
- Wednesday, 2/12: Canada vs. Sweden (8 p.m. ET)
- Thursday, 2/13: USA vs. Finland (8 p.m. ET)
- Saturday, 2/15: Finland vs. Sweden (1 p.m. ET)
- Saturday, 2/12: USA vs. Canada (8 p.m. ET)
Boston (TD Garden)
- Monday, 2/17: Canada vs. Finland (1 p.m. ET)
- Monday, 2/17: Sweden vs. USA (8 p.m. ET)
- Thursday, 2/20: Championship Game (8 p.m. ET)
2025 4 Nations Face-Off format
The NHL will pause its regular season from February 12-20, 2025 and have the 4 Nations Face-Off in lieu of its annual All-Star Game. The games will take place in Montreal and Boston, and each team will play its three rivals once.
Teams earn three points for a regulation win, two points for an overtime or shootout win, one point for an overtime or shootout loss, and zero points for a regulation loss. Once the Top 2 finishers are decided, a winner-take-all final will be held.
For round-robin games, overtime will be 10 minutes of 3-on-3 sudden-death followed by a three-round shootout. In the final, overtime will be 20-minute, 5-on-5 sudden-death periods.
How to read 4 Nations Face-Off odds
Sportsbooks will post NHL futures odds before the season starts — including odds to win the 4 Nations Face-Off. These odds will be constantly adjusted in the run-up to the tournament as news warrants. Sportsbooks will also adjust the NHL futures based on handle and liability to certain teams.
4 Nations Face-Off odds will look like this:
- Canada +135
This means that on a $100 bet, you'll stand to win $155 if Team Canada wins the 4 Nations Face-Off. If it's close to the end of the tournament, you might see odds that look like this:
- USA -120
This means that you would need to bet $120 to win $100 on a USA 4 Nations Face-Off win.
Above we have posted the American odds for the 4 Nations Face-Off. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
