The NHL season has hit the Olympic break, and New York Islanders defenseman Matthew Schaefer is -1000 on the Calder Trophy odds board. 

We still have the second half of the season, but Ivan Demidov (+900) will have to do something pretty spectacular to overcome the Isles' 18-year-old sensation. 

Odds to win 2026 Calder Trophy

Player
Matthew Schaefer	<<-1000>>
Ivan Demidov	<<+900>>
Beckett Sennecke	<<+975>>
Jesper Wallstedt	<<+10000>>

Odds as of 2-15.

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Understanding NHL Calder odds

Most sportsbooks will display odds in the American format as listed above. When the regular season is nearly finished and a consensus has emerged, you might see a player with a minus sign (-) ahead of his odds, like this:

• Ivan Demidov -400

The (-) means that Demidov is the odds-on favorite, and a bettor would need to wager $400 to win $100. Other contenders in the Calder race might have plus (+) odds to win.

• Alexander Nikishin +900

Here, a bettor stood to profit $900 for every $100 wagered. 

If American odds aren't your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.

Popular NHL futures markets

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NHL Calder Trophy trends

• Only eight No. 1 overall picks have gone on to win the Calder Trophy.
• Only 16 goaltenders have ever won the Calder Trophy, with Steve Mason being the last netminder to capture the award (2009).
• In 1990, Sergei Makarov became the oldest player to win the Calder at 31 years old.

Calder Trophy history

A quick look at recent NHL Calder Trophy winners and the teams they played for.

This article originally appeared on Covers.com, read the full article here