Legal Online Stanley Cup Sportsbooks

Ways To Bet On The Stanley Cup

For an event as important as the Stanley Cup, NHL sports betting sites accept many different styles of bets. The different betting options are listed below, but the most important thing about gambling is how to read hockey odds and how to receive legal sports betting payouts.

First things first, if a bet is successful, then the winner gets their amount bet plus their amount won back (the amount bet is not included in the calculations for the amount won). If the odds have a negative sign next to them, that means that amount of money must be bet to win $100 (i.e. -500 means bet $500 to win $100). The opposite is true if there is a negative next to the odds, that would be the amount won off a $100 bet (+650 would mean a $650 payout on a $100 bet).

• Moneyline – Betting the moneyline on a Stanley Cup game is simply a bet on who will win the game. Payouts are reflective based on the team that is expected to win. Underdogs will have plus odds, while favorites will have negative odds.
• Puck Line – Meant to even the odds out, betting on the puck line means betting on the favorite to win by a certain amount of goals or the underdog to either win or lose by less than that same number of goals. Puck line odds offer larger payouts on favorites than moneyline, while betting on the underdog via the puck line comes with smaller payouts than the moneyline.
• Total Goals – NHL sportsbooks set a number of goals that NHL bettors will get the option to the game to go over or under the number. Betting on the total is a great option for NHL bettors without a dog in the fight as they can bet on an exciting outcome(the over) or a lower-scoring affair.
• Live Betting – After getting a read on how the two teams are skating, live sports betting is a great option for the action of the Stanley Cup. Live betting options typically include bets on the moneyline, puck line, and total goals.
• Team Props – Individual team prop bets are available for series long bets or an individual Stanley Cup game. Frequent options include shots on goal by one team and their total team points.
• Player Props – Arguably the most exciting betting option on the Stanley Cup, placing a bet on a player prop bet is a wager on a player to hit certain benchmarks during the series or a given game. This may mean bets on a least certain number of goals, points, or saves by an individual. Many sportsbooks will even offer player props on goalies, and if they will record assists.
• Game Props – For those looking for special bets on individual games, game prop bets are an excellent option. Game props come in many forms, but may include bets on goals in the first period, total power-play goals, and penalty minutes.
• Conn Smythe Trophy – The Conn Smythe Trophy is awarded to the to MVP of the NHL Playoffs every year. Recent winners and their odds were: Cale Makar(+175), Andrei Vasilevskiy(+125), Victor Hedman(+450), and Ryan O’Reilly(+5000).

2025 Stanley Cup Odds

• 2025 NHL Stanley Cup Odds
• Dallas Stars +625
• Florida Panthers +800
• Edmonton Oilers +825
• Colorado Avalanche +850
• Carolina Hurricanes +900
• Tampa Bay Lightning +900
• Vegas Golden Knights +1000
• Washington Capitals +1100
• Winnipeg Jets +1100
• Toronto Maple Leafs +1200
• Los Angeles Kings +2000
• Louis Blues +3000
• New Jersey Devils +3300
• Minnesota Wild +4000
• Ottawa Senators +4000
• Montreal Canadiens +6600

odds provided by Bovada: April 18th, 2025

Stanley Cup Betting Trends + Facts

With a history established in 1893, there are many different interesting trends and facts to be found regarding the Stanley Cup. Some of the most notable ones for NHL bettors to know are:

• Of the past 11 Stanley Cup Winners, only the St. Louis Blues(18-19) and Washington Capitals(17-18) were underdogs heading into the Stanley Cup Finals. The Blue’s odds were +140, while the Capitals were +133 heading into the series.
• Since 1985, the eventual winning team with the longest odds prior to the start of the season was the Carolina Hurricanes in 2005-2006 with +6000 odds. The longest odds heading into the playoffs were the Los Angeles Kings during the 2011-2022 season with +2200 odds.
• Four of the last seven Stanley Cup Winners had longer odds and better payouts available for bettors at the All-Star Break. Compared to preseason odds: the 2019-2020 Tampa Bay Lightning(+675 to +750), St Louis Blues(+3000 to +10000), Washington Capitals(+1125 to +1475), and the 2015-16 Pittsburgh Penguins(+1300 to +2600).