Complete NHL Odds Betting Guide: Stanley Cup Odds, Props, and Game Lines

One of the secret gems of sports betting is wagering on the NHL. Given how fast a game can change in the sport of hockey, it is a thrill to enjoy watching your bet cash in the best way. In addition, hockey props are fun as well given how infrequently a goal occurs in relation to a basket in the NBA or a touchdown in the NFL. Hockey betting is growing in popularity with the increase of legal sports betting in America, so let’s go over ways to bet on the NHL, an NHL odds guide, Stanley Cup odds, and more.

 

 

 

How Can I Bet on the NHL?

There are many different ways that a bettor can wager on hockey, and specifically the NHL. For the different types of bets, it will vary based on which legal sportsbook a user plays. Here is a quick look on some ways to wager on the NHL.

 

NHL Odds Betting Guide

Most online sportsbooks offer the following types of NHL betting:

  • Spreads
  • Totals (Over/Unders)
  • Moneylines
  • Futures
  • Props
  • In-Game Betting
  • Parlays
  • Teasers and more!

 

Where Can I Bet on Hockey?

More and more states being added all the time, so the answer to the question of where can bettors wager on the NHL grows by frequently. Legal sports betting states are accepting online sportsbook operators, and some states offer a dozen or more options. Here are a few of the top sportsbooks to bet on the NHL when hockey returns:

 

DraftKings Sportsbook

States Available: PA, NJ, WV, IN, NH, IA, CO

Bonus: Up to $1,000 BONUS

DRAFTKINGS SPORTSBOOK

DraftKings Sportsbook App is the most popular in the country!

New users get a $1,000 bonus!

GET THE APP!
FREE BET PROMO$1,000
FREE BONUS
PLAY NOW

 

FanDuel Sportsbook

States Available: PA, NJ, WV, IN, IA, CO, NY

Bonus: Risk-FREE Bet up to $500

FANDUEL SPORTSBOOK

START PLAYING AT FANDUEL SPORTSBOOK TODAY!

GET YOUR RISK-FREE $1,000 BET!

GET THE APP!
NEW PLAYER BONUS$1,000
FREE BET
PLAY NOW

 

BetMGM Sportsbook

States Available: NJ, CO, WV, IN, NV

Bonus: Risk-FREE Bet up to $500

BETMGM SPORTSBOOK

STATES: NJ, IN, CO, NV, WV

GET THE APP!
NEW PLAYER BONUS$500
FREE BONUS
PLAY NOW!

 

States with Legal NHL Betting

All states that allow legal sports betting in the US allow betting on the NHL. Bettors can wager on the NHL online at various online sportsbooks, or in-house at traditional brick-and-mortar operations at a local casino. The following states offer legal NHL betting platforms:

 

 

Top Sportsbooks for NHL Betting

 

Here is a deeper look at the top sportsbooks for NHL betting in the legal sports betting space. You will find top welcome bonuses, states that permit each sportsbook, and more.

 

DraftKings Sportsbook NHL

Promo CodeUse our Exclusive Link: FREE $1,000 Bonus!
States with the DraftKings Sportsbook AppIllinois, Colorado, Iowa, Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire
Promo Details1. New players receive a risk-free $500 bet

2. First bet matched up to $500. Free bet must be used within 30 days of first bet.

Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable.

3. Deposit bonus up to $500. Deposit is matched at 20% (bonus requires 25x play-thru)
Does the Promo Expire?Yes. The $1,000 sign-up bonus promo ends 8/31/20. Eligibility restrictions apply.
States with Physical DraftKings SportsbooksIllinois, New Jersey, Mississippi, New York, Indiana
Promo Last Verified OnSeptember 25, 2020

DraftKings Sportsbook has taken the betting world by storm. As the leader in legal sports betting in the US along with its daily fantasy sports platform, DraftKings offers the user-experience, technology and welcome bonuses for new users. NHL bettors will get a risk-free bet and a large deposit match at DraftKings Sportsbook.

 

FOXBet Sportsbook NHL

FoxBet Colorado Promo Code Click THIS LINK to lock in the best FoxBet CO Bonus
FoxBet PA Promo Code Click THIS LINK to lock in the best FoxBet PA Bonus
FoxBet NJ Promo Code Click THIS LINK to lock in the best FoxBet NJ Bonus
How To Use Your FoxBet Bonus1. Create an account on FOXBET
2. Make a deposit
3. Get a $500 risk-free bet and up to a $500 deposit bonus!
Does Your FoxBet Bonus Expire?Yes, your free bonus must be used within 30 days.
Bonus Last Verified OnSeptember 25, 2020

FOXBet Sportsbook has quickly become one of the most popular sportsbooks in the US. With a wide selection of NHL betting markets and the backing and exposure of the Fox Sports brand, FOXBet is here to stay. In addition, FOXBet received some good publicity during the coronavirus by refunding futures on the NHL as the season was suspended.

 

BetMGM Sportsbook NHL

BetMGM is one of the most recognizable brands in gaming across the planet, and has online sportsbooks in various states that offer a significant welcome bonus along with a tremendous selection of NHL betting markets. Try the BetMGM Sportsbook here for a risk-free bet worth up to $500.

 

FanDuel Sportsbook NHL

FanDuel Sportsbook offers a risk-free bet, deposit bonuses, and frequent promotions. Given that it was the first to enter many states, FanDuel holds the majority of the market share for NHL betting. With props, game lines, futures and more you can get your NHL betting fix on FanDuel.

 

Updated 2020 Stanley Cup Odds

Team Odds to Win Stanley Cup
Tampa Bay Lightning -560
Dallas Stars +445

Tampa Bay has taken a commanding lead in the Stanley Cup Finals, and are now well over -500 favorites. It would be quite the miracle for the Dallas Stars to come back and win the cup.

 

The most popular futures bet for NHL bettors is certainly on one specific market. Who will win the Stanley Cup? For the 2020 season, there has been a makeshift tournament-style playoff series that has 24 teams vying for their chance to host the best most notable trophy in sports. The Boston Bruins are the current favorites (along with the Maple Leafs) at +650. Placing wagers on the Stanley Cup in 2020 is much more different, as there is no “home ice advantage” due to the coronavirus pandemic. In addition, these odds will greatly fluctuate throughout the playoffs as teams will fall off in a hurry with action taking place night after night.

 

2020 NHL Playoffs Odds

 

NHL Qualifying Series Favorite
Calgary Flames vs. Winnipeg Jets Flames (-118)
Carolina Hurricanes vs. New York Rangers Hurricanes (-136)
Edmonton Oilers vs. Chicago Blackhawks Oilers (-167)
Nashville Predators vs. Arizona Coyotes Predators (-143)
New York Islanders vs. Florida Panthers Islanders (-122)
Pittsburgh Penguins vs. Montreal Canadiens Penguins (-195)
Toronto Maple Leafs vs. Columbus Blue Jackets Maple Leafs (-175)
Vancouver Canucks vs. Minnesota Wild Canucks (-134)

The 2020 NHL Playoffs start off with a qualifying series, which is a set of 16 teams battling it out to reach the first round of the official playoffs. The favorites to win each “qualifying” series are listed above, and the Penguins (-195), Maple Leafs (-175) and the Oilers (-167) are the biggest favorites. After the qualifying series, there will be more betting markets for each round of the Stanley Cup Playoffs. All in all, the NHL’s 24-game playoffs format is a terrific way to play out the remainder of the 2020 NHL season.

 

NHL Odds: 24 Team Playoffs Betting Lines

Many sports betting fans will be huge NHL fans this summer as the 2020 NHL season will finally resume within a 24 team playoff format.

The NHL’s rumored 24-team playoff format was confirmed by commissioner Gary Bettman this week during a televised address from his house.

There are still details that must be ironed out before the league returns to play. For one, the league must decide on what “hub” cities to place teams. To start the playoffs, teams will be located in two centralized locations. Those cities have not been chosen yet, but there is a list of 10 cities under consideration, but Las Vegas seems to be the favorite:

  • Chicago, IL
  • Columbus, OH
  • Dallas, TX
  • Edmonton, AB
  • Las Vegas, NV
  • Los Angeles, CA
  • Minneapolis/St. Paul, MN
  • Pittsburgh, PA
  • Toronto, ON
  • Vancouver, BC

 

NHL Odds Frequently Asked Questions

 

When does the NHL Playoffs start?

NHL training camp for 2020 will begin on July 10th, as players will get back into shape before playing the NHL Playoffs.

 

Where can I bet on the NHL legally?

You can bet on the NHL legally in the United States in states with legal sports betting. Pennsylvania, New Jersey, West Virginia, Indiana, New Hampshire, Iowa, Colorado and more states will be added.

 

When is the Stanley Cup Finals?

The 2020 Stanley Cup Finals date will be announced in late June, as the exact dates for playoff games to begin are tentative. It is looking like late July or early August for the beginning of the NHL Playoffs.

 

Where is the 2020 Stanley Cup?

Due to the coronavirus pandemic, the 2020 Stanley Cup will take place at a neutral site without fans, likely in Las Vegas, Nevada.

 

Can I bet on the Stanley Cup?

Yes. In states with legal online sportsbooks, you can bet on the Stanley Cup.

 

Who is the favorite to win the Stanley Cup?

The favorites to win the Stanley Cup is currently a tie between Boston Bruins and the Tampa Bay Lightning, tied at +650 on DraftKings Sportsbook.

 

What are NHL betting props?

NHL betting props are a type of wager that allows a bettor to bet on a certain event occurring, or a betting on a specific stat. For example, Alexander Ovechkin to score a goal, or Sidney Crosby to register an assist.

 

Many sports betting fans will be huge NHL fans this summer as the 2020 NHL season will finally resume within a 24 team playoff format.

The NHL’s rumored 24-team playoff format was confirmed by commissioner Gary Bettman this week during a televised address from his house.

There are still details that must be ironed out before the league returns to play. For one, the league must decide on what “hub” cities to place teams. To start the playoffs, teams will be located in two centralized locations. Those cities have not been chosen yet, but there is a list of 10 cities under consideration:

  • Chicago, IL
  • Columbus, OH
  • Dallas, TX
  • Edmonton, AB
  • Las Vegas, NV
  • Los Angeles, CA
  • Minneapolis/St. Paul, MN
  • Pittsburgh, PA
  • Toronto, ON
  • Vancouver, BC

 

NHL Playoffs Best of 5 Series Odds:

The exact format will include four byes (with round-robin play to determine seeding) for the top four teams in each conference. The other eight teams in each conference will play a best-of-five play-in series.

Blue Jackets +140
Maple Leafs -160

Canadiens +170
Penguins -190

Rangers +130
Hurricanes -150

Panthers -120
Islanders EV

Jets -110
Flames -110

Blackhawks +130
Oilers -150

Coyotes +105
Predators -125

Wild +120
Canucks -140

 

Odds to win new 24-team Stanley Cup playoff:

Bruins +600
Lightning +600
Golden Knights +600
Avalanche +800
Blues +1000
Capitals +1000
Flyers +1200
Stars +1400
Penguins +1600
Maple Leafs +3000
Oilers +4000
Predators +4000
Coyotes +5000
Flames +5000
Hurricanes +5000
Canucks +5000
Jets +5000
Blue Jackets +8000
Panthers +8000
Wild +8000
Islanders +8000
Rangers +8000
Blackhawks +10000
Canadiens +10000