NHL Stanley Cup Betting 2024

Written by: Joseph Falchetti, Editor-in-Chief, Pro Sports Bettor and Casino Expert
Last updated:
10 minute read
Stanley Cup betting

Betting on the NHL Stanley Cup Finals is wagering on one of the biggest sporting events in North America – especially in Canada. NHL betting markets are extremely popular, particularly among sharp bettors. 

Read on to find out everything you need to know to bet on the NHL Finals, including a step-by-step guide on how and where to bet on the Stanley Cup and some pro strategies that will help you place more efficient bets.

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Changes & Format For The 2021 Stanley Cup

In 2021, the league is back to normal after the coronavirus stoppage, or at least close to it.

The regular season featured games between division teams only.

The playoffs will start from May until July under a 16-team format. 

The top four teams in each division will advance to the postseason in 2021.

How To Bet Online On The Stanley Cup

How to bet on the Stanley Cup Finals

The Stanley Cup is the biggest stage of the NHL, and you can bet on the games with a few simple steps.

Remember that choosing the right NHL sportsbook is essential to increase your betting profits, and to make sure that you receive your earnings during the season.

If you are new to online betting, follow this quick step by step and you’ll be betting on the NHL Finals in no time.

  1. Choose How You Want to Bet

    There are two common options to bet. Either you bet on a game-by-game basis or the entire series.

    If you want to go game-by-game, you will want to look for individual games where you have an edge.

    If you would prefer to bet on the whole series or Stanley Cup, you will be given two options: you can bet on which team will win each series outright or bet on NHL futures.

  2. Research Your Team

    Look at a team’s path to the Stanley Cup. Did they play a bunch of injury-riddled teams, or did they have multiple hard-fought series?

    Did they play in multiple long six or seven-game series, or did they take care of teams in four games?

    These questions will allow you to know how the team is performing and if they are beginning to get tired due to too many games.

  3. Choose Your Side

    This is the most critical step because it will determine if you win or lose money.

    If you are betting on the entire series, this will be quite easy, but it will be a bit more complicated if you want to go game-by-game.

    One thing to keep in mind is that these series seem to go back and forth if you are betting game-by-game.

    If one team loses a game and in the next is a significant underdog, it is worth looking into betting on that team, as they may be over or undervalued by the oddsmakers.

  4. NHL Line Shopping

    Now you need to find the best odds if you like a particular side or total.

    Search through multiple NHL betting sites, even after finding a bet you truly like to be sure you get the best price.

  5. Place Your Hockey Bet

    Now, you are ready to place your bet. The most important part of this step is to double-check everything before confirming your wager.

    Check your bet slip thoroughly to be sure you’re betting on the right team and have entered the correct amount.

    Once you have hit confirm, you are ready to enjoy the 2024 Stanley Cup Final.

Stanley Cup Betting Odds And Lines

Take a look at the betting odds on the NHL teams and their chances to be the Stanley Cup winners.

Place your bets on your favorite team to win, or even the long-shot that could pay off big time.

Odds To Win The Stanley Cup

TeamBetNow All-Star Game MVP
Bovada Stanley Cup betting odds
Tampa Bay Lightning+550+550
Toronto Maple Leafs+650+650
Colorado Avalanche+700+700
Vegas Golden Knights+750+750
Carolina Hurricanes+1100+1100
New York Islanders+1400+1400
Minnesota Wild+1500+1500
Washington Capitals+1500+1500
Boston Bruins+1600+1600
Edmonton Oilers+1800+1800
Florida Panthers+1800+1800
Montreal Canadiens+2200+2200
Winnipeg Jets+2400+2400
St. Louis Blues+2400+2400
Pittsburgh Penguins+2500+2500
Philadelphia Flyers+3000+3000
Calgary Flames+3500+3500
Dallas Stars+6000+6000
Chicago Blackhawks+6000+6000
New York Rangers+8000+8000
Arizona Coyotes+8000+8000
Los Angeles Kings+8000+8000
Vancouver Canucks+10000+10000
Columbus Blue Jackets+10000+10000
Nashville Predators+15000+15000
New Jersey Devils+30000+30000
San Jose Sharks+30000+30000
Anaheim Ducks+50000+50000
Buffalo Sabres+100000+100000
Ottawa Senators+100000+100000
Detroit Red Wings+100000+100000
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Where To Bet On The Stanley Cup Winner: Top Sportsbooks

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Bet On The Stanley Cup With A Credit Card Deposit At BetUS

Bet on the Stanley Cup with credit cards

BetUS Sportsbook has a long history in online betting markets. Right now, they’re our top option for US sports bettors!

They also offer lucrative sign-up bonuses to players, including a 100% Up To $2,500 Bonus on your first deposit, and a crypto-specific match bonus that is 100% up to $7,500!

Credit card deposits with Visa and MasterCard are available and are the most convenient method of payment for most bettors.

Payouts From NHL Stanley Cup Bets

When betting on the Stanley Cup, you will find that the payouts are the same as during the regular season.

There are no differences in how payouts work in the Stanley Cup Finals, except that you may be able to bet more on certain events.

Game-By-Game Betting

Payouts From NHL Stanley Cup Bets

If you’ll be betting game-by-game, then hockey betting payouts will work just like they do during the regular season.

For instance, in 2018, the Vegas Golden Knights won Game 1 of the Stanley Cup by 6-4.

If you had wagered $120 on the Knights (with a -120 moneyline), you would have received $100 in profit.

Series Betting

The series odds work differently in quite a few ways. You can jump on the series odds at the beginning of the series or halfway through.

This allows you to try and hedge your bet if it is not going so well.

If you bet $100 on Pittsburgh to win the 2018 Stanley Cup after they were up 1-0 in the series against Washington in the semifinals, you would have gotten them at +200 odds.

The Capitals went on to win the Stanley Cup in a 4-1 series, so you would have lost your $100.

Our Experts Share Their Stanley Cup Betting Tips

Tips to bet on the Stanley Cup

If you are new to NHL Betting, this series of tips will help you place more efficient bets.

They are especially important when betting on the Stanley Cup Playoffs and Finals.

During that time, public interest is a lot higher than during the regular season.

Read our expert tips and you’ll be on your way to become a more profitable Stanley Cup bettor.

Pro Tip #1Public Influence

Hockey is one of the sports that is least affected by the public’s betting patterns.

The main reason for this is because the amount bet on NHL wagers is much smaller than on many other sports.

For the most part, the biggest bets on NHL markets are coming from sharp bettors.

This is mostly true in other major markets as well, but with a crucial difference when it comes to betting volume.

The oddsmakers know that the betting public’s action isn’t an indicator of where the sharp money is going.

However, when it comes to NFL contests and other sports, the public is betting so much that the betting sites are forced to move the odds in many cases due to the risk of big losses if the public side wins.

That isn’t the case for NHL betting.

Pro Tip #2Line Movement

In hockey betting markets, public betting doesn’t affect the odds nearly as much.

The recreational betting action doesn’t hold much weight compared to the sharps max betting NHL games.

NHL betting markets don’t have enough betting volume for the public to truly influence the odds.

This is definitely the case for the regular season. However, the playoffs and, more specifically, the Stanley Cup Finals are a bit of a different ballgame.

Public interest in these games is much higher, which results in more betting action from the masses.

This increase in wagering by the public may make certain markets more attractive, such as favorites and betting the over on NHL totals.

Fading the public is a strategy to consider if you have other factors on your side.

The NHL Playoffs and Stanley Cup Finals are an anomaly from basically the rest of the season where public betting action has little effect on line movement.

Pro Tip #3NHL Betting Markets

Just like the public’s interest in the game may affect the betting lines more significantly, NHL betting sites offer up more betting markets on the Playoffs and Finals than can be found for regular-season games.

NHL player and team props will be extended at many sportsbooks, and bettors may even see more in-play or live betting options available during the Finals.

Markets like Stanley Cup props aren’t exactly efficient, and with the flood of square bettors coming in for the NHL Finals, there should be plenty of profitable opportunities.

Pro Tip #4Don’t Sit Out Of The NHL Playoffs

NHL Stanley Cup Playoffs Betting

If you’ve had a successful season betting the NHL and have an excellent knowledge of the sport, don’t sit out the Playoffs.

Too many gamblers decide to ride off into the sunset once the regular season ends, and they’re making a big mistake.

When you begin to bet on the Playoffs and Finals, you don’t need to reinvent the wheel when it comes to your betting skills or NHL handicapping techniques.

After all, it’s still hockey being played out there, albeit with much higher stakes.

Make considerations for betting on the NHL Playoffs, but still utilize the same handicapping formula that brought you profits in the first place.

On the other side, don’t bet more than you would on a regular-season game either.

Bankroll management and betting units should not be changed because you’re betting on postseason contests.

NHL Playoffs 2024 Betting Bracket

If you are looking for an updated NHL playoffs tree, you’ve come to the right place! Download your free Stanley Cup printable bracket in PDF format.

Grab Your Own Free NHL Playoffs Bracket

NHL Stanley Cup Info & History

Stanley Cup winners

The Stanley Cup is the oldest trophy in professional sports. The cup was first awarded to teams back in 1983.

In 1915, it was given to the champions of an interleague series between the National Hockey Association and the Pacific Coast Hockey Association.

In 1926, several hockey leagues either dissolved, folded, or merged and the Stanley Cup became the prize for the winner of the NHL.

Since that time, the Stanley Cup has only grown in legend.

It has been affectionately called “Lord Stanley” by players, fans, bettors, and media alike.

The Last Game Of The NHL Season

The Stanley Cup Finals is the last series of the NHL Playoffs, which begin in mid-April after the conclusion of the regular season.

The final series pits the winner of the Western Conference against the Eastern Conference.

The Stanley Cup Finals, like the rest of the NHL Playoffs, is decided in a best-of-seven series format. The Cup Finals are the fourth and final round of the playoffs.

The series format doesn’t change in the championship, which is not always the case with other sports. The series is played in a 2-2-1-1-1 format.

The team with home-ice advantage (superior record in the regular season) will host the first, second, 5th and 7th games.

The team without home-ice will hold the 3rd, 4th, and 6th game as needed.

Which Team Has Won The Most Stanley Cups?

Stanley Cup Playoffs in 1942

The Montreal Canadiens have won the Stanley Cup 24 times since 1915.

The team has more Stanley Cup titles than any other franchise.

In second place are the Toronto Maple Leafs with 13 Stanley Cup titles to their name.

You can see a list with all the Stanley Cup winners on the NHL.com Stanley Cup page.

NHL Stanley Cup Betting Articles & Picks

Stanley Cup Betting FAQ

Is it legal to bet on the Stanley Cup?

Yes, betting on hockey as an individual is legal in most states and not against federal law. Every online betting site offers a variety of wagers on hockey and the NHL.

How do I bet on the Stanley Cup 2024?

Betting on the Stanley Cup is easier than one may think. All you need to do is sign up at a sportsbook, deposit money and place a bet. We have plenty of highly-rated sportsbook options you can use. You can check out our best NHL sportsbooks page or just use the ones we have mentioned on this page.

Where can I bet on the Stanley Cup 2024?

There are plenty of options to bet on the 2024 Stanley Cup, either on online betting sites, local bookies or in Vegas. We recommend checking out our top-rated NHL sportsbooks rather than going with unknown betting sites in other to avoid possible scams.

How do the betting work when wagering on the NHL Stanley Cup?

When it comes to rules and grading, there is no difference between the NHL Stanley Cup and a regular-season game. Sides, totals, and props are all graded the same way. The main difference will be more betting markets and possibly higher wagering limits.

What Stanley Cup games can you bet on?

All games of the Stanley Cup will be available for betting. That includes pre-game betting and live betting on the NHL.

How much can I win betting on the Stanley Cup?

It all depends on how much you bet, but NHL futures offer the largest returns as a longshot wager could easily bring a return of 10x or more of your original investment. 

How does betting on the NHL compare with other sports?

Wagering limits are much lower than other sports, but the process for NHL handicapping doesn’t change much compared to more popular sports, such as the NFL or the NBA. There will also be fewer markets and betting options than larger market sports.

Learn More About Betting On Hockey At Our NHL Online Betting Guide

About the Author

Joseph Falchetti

Joseph Falchetti

Editor-in-Chief, Pro Sports Bettor and Casino Expert

Joe is the author of the majority of sports betting pages on SBS and he serves as a gambling consultant to our content team. He's been mentioned on Forbes.com as a gaming analyst, and his articles have been linked by larger publications, such as the New York Times.

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