NHL Stanley Cup Odds 2023

Bringing the Cup home is the goal for all of the NHL’s 32 teams. Naturally, some have a much better shot than others each season. We’ll cover some of the favorites to keep an eye on this season and much more in our complete guide to Stanley Cup odds.

Here are the best and easiest ways to bet on the NHL playoffs and the Stanley Cup Final in New York.

NHL Stanley Cup odds

Below find current futures odds for the next Stanley Cup winner. Click on any odds to go directly to the sportsbook, claim your bonus and get your bets in. Check our NHL odds feed for real-time Stanley Cup game odds.

How do the NHL playoffs work?

New York Islanders fans
(Photo by Gregory Fisher/Icon Sportswire via Getty Images)

The NHL postseason returns to its normal format this season: 16 teams qualify, eight each from the Eastern and Western Conference.

The top three teams in each of the six divisions receive a berth, along with the two wild card teams with the next best records in each conference.

The playoffs are set up in a bracket-style format with the top seed meeting the lowest seed and so on. Each series is contested in a best-of-seven format with the first team to win four games advancing to the next round.

The final two teams in the two conferences square off in the conference finals to determine who will play for the Stanley Cup, which is also a best-of-seven series.

Types of Playoffs/Stanley Cup bets

The NHL playoffs are a fun and exciting time for all. It also means there’s great excitement around NY sports betting on the postseason affairs. There’s plenty of ways to get involved if you want something extra to root for come playoff time.

  • Futures: You can make futures bets basically at any time. Odds are usually released in the off-season and then you can bet then, throughout the regular season and into the playoffs. You might bet a team to win the Stanley Cup, a team to win its conference, or its division. The earlier you get involved, the better chance you have of getting more advantageous odds. Above, you can check out the NHL futures feed so you can get ahead of the game.
  • Individual game bets: You can bet on playoff games just like you would any normal hockey game. There are three major betting markets in hockey: the moneyline, the puckline, and the total. When you bet the moneyline, you’re simply betting on which team you think will win the game. Odds are set based on the probability of each team winning a given game. Puckline betting requires a bit more nuisance, as you’re betting on whether you think the favorite can win by at least two goals, or whether the underdog can either win the game or keep it close. Total betting is simple. You’re betting on whether the two teams will combine to score more or fewer goals than the listed number.
  • Series bets: A series bet is self-explanatory. You are betting on which team you think will win the series. Individual games don’t matter as long as the team you bet on to win the series advances to the next round. This is a way to bet on a team to advance without worrying about game-to-game swings.
  • Live betting: If the game has already started, it doesn’t mean it’s too late to get in on the action. With live betting, you can bet on games with the sports odds having been adjusted for what’s already happened in the game. This is a great opportunity to maximize your profit if you’re calculated.

You can find out more about these types of bets and others at our NHL betting page.

2021 Stanley Cup favorites

Here are three teams many expect to compete for the Stanley Cup come June.

  • Colorado Avalanche: The Colorado Avalanche made it to the Western Conference Semi-Final last year despite injuries to their two top goaltenders. The team responded by trading for top-four defenseman Devon Toews and top-six forward Brandon Saad. Toews and Saad join a young and dynamic core that includes Nathan MacKinnon, Mikko Rantanen, Gabriel Landeskog, and Cale Makar. As the young core continues to grow, there’s reason to believe the Avalanche will be a consistent contender for years to come.
  • Vegas Golden Knights: The Vegas Golden Knights took the NHL by storm when they entered the league as an expansion team in 2017. In their first season, they made it to the Stanley Cup Final. They’ve maintained their status as one of the elite teams in the league since that time. Over the past few seasons, Vegas has added elite players such as Mark Stone, Max Pacioretty, Alex Pietrangelo, and Robin Lehner. This team has the star-power and depth to make serious noise.
  • Tampa Bay Lightning: The Tampa Bay Lightning are going for a three-peat. They defeated the Dallas Stars in six games to win it all in 2020, and followed that up with a five-game win over the Montreal Canadiens for their second straight Cup. The Lightning feature one of the more dynamic offenses in the league, led by Steven Stamkos and Brayden Point. On defense, Victor Hedman is considered one of the best in the league. Goaltender Andrei Vasilevskiy consistently finds himself at the top of the league in statistical categories. It’d be no shock if the Lightning became the NHL’s latest dynasty.

2021 Stanley Cup longshots

While the top teams in the league will always draw the most attention, here are two under the radar teams with enticing Stanley Cup odds that can make some noise:

  • Montreal Canadiens: A surprise finalist from a season ago, Montreal won’t be sneaking up on anyone this season. A deep playoff run can prove to be invaluable experience, so we’ll see how that translates this time around. Nick Suzuki and Tyler Toggoli lead the way on offense, while Jake Allen gets the unenviable task of replacing Carey Price in the net.
  • Edmonton Oilers: The talented team that just can’t seem to break through may finally do so this season. The one-two punch of Connor McDavid and Leon Draisaitl is reminiscent of the firepower that the old Oilers dynasty team boasted. If Mikko Koskinen can get on point in goal while the defense does the same, this is a club that could do some damage.

How to bet on NHL playoffs in NY

Sports betting is now widely available and legal in New York. Stanley Cup betting via your favorite NY sportsbook app is a great convenience, as you can bet on the NHL playoffs from wherever you are within the state. You can manage your account, research the lines, and get your bets in right from your device of choice.

How to register a new sportsbook account

BetMGM Sportsbook app NJTo register a new account with a sportsbook, you must first decide which sportsbook you’d like to use. On this page, you’ll see odds and promotions that you can use to help make your decision. Once you’ve found a sportsbook that interests you, click any of the links on this page.

Once you’ve done that, you need to register an account. Enter your email address and select a secure password. Don’t forget to input any necessary information such as your birthday.

Once you’ve registered an account, head over to the app store and download the app for the sportsbook you signed up with. These apps make it easy to bet wherever you are in the state.

Once you’ve signed up and downloaded the app, make sure to claim any bonus bets or site credits that you are eligible for.

If you need to deposit money into your account, use any of the available deposit methods to fund your account. Once you’ve done that, you’re ready to place your bets!

Biggest tips for NHL playoff betting

  1. Don’t be afraid to bet underdogs. Unlike sports like football and basketball where big upsets are rare, they happen all the time in hockey. The Tampa Bay Lightning had a record-setting regular season in 2019, losing just 20 of their 82 games. They were swept in the first round of the playoffs by the Columbus Blue Jackets, a team that barely qualified for the playoffs. While it may not feel great betting against the elite teams, you have a chance to get a major payout.
  2. Don’t overvalue home-ice advantage. Sure, it’s a positive thing to be in your building and in front of your fans. That advantage is already included in the odds. Don’t add even more value on top of the value the sportsbook is already giving a home-ice advantage. Road teams win games all the time and if you pick the right spot, you can make good money.
  3. Game Seven scoring is hard to come by. Teams are afraid to make mistakes and play safe, defensive-minded hockey. These players know that one mistake could cost them their season in a win-or-go-home game. Unders in Game Sevens hit at a very high rate.

What is the lowest seed to ever win the Stanley Cup? 

The Los Angeles Kings won the Stanley Cup as an No. 8 in 2012. They barely qualified and were the last team in the Western Conference playoff field.

Los Angeles then proceeded to eliminate the Western Conference Champion and Presidents’ Trophy-winning Vancouver Canucks in five games in the first round. The Kings then swept the two seed, St. Louis in the Conference semi-final.

In the Conference Final, Los Angeles made quick work of the Phoenix Coyotes, eliminating them in five games. In the Stanley Cup Final, Los Angeles beat the New Jersey Devils in six games.

How to stream/watch the Stanley Cup playoffs

The first round of the Stanley Cup Playoffs is broadcast on both national TV and regional networks. If the Devils, Rangers, or Islanders make the playoffs, you can watch their games on MSG Networks. You can also stream the games on the MSG Go app if you login with your cable provider credentials.

After the first round of the playoffs, the remaining rounds are broadcast nationally on the NBC family of networks. Games are broadcast on NBC, NBC Sports Network, and USA Network. You can stream those games through the NBC Sports App and Peacock App.

Stanley Cup results for last ten years

Here are the results of the Stanley Cup Final over the past 10 seasons:

YearWinnerRunner-upSeries Score
2020-21Tampa By LightningMontreal Canadiens4-1
2019-20Tampa Bay LightningDallas Stars4-2
2018-19St. Louis BluesBoston Bruins4-3
2017-18Washington CapitalsVegas Golden Knights4-1
2016-17Pittsburgh PenguinsNashville Predators4-2
2015-16Pittsburgh PenguinsSan Jose Sharks4-2
2014-15Chicago BlackhawksTampa Bay Lightning4-2
2013-14Los Angeles KingsNew York Rangers4-1
2012-13Chicago BlackhawksBoston Bruins4-2
2011-12Los Angeles KingsNew Jersey Devils4-2

Biggest Rangers playoffs moments

  • 1994 Stanley Cup Final Game Seven: After Mark Messier guaranteed and delivered victory in Game Six, it all came down to Game Seven. Brian Leetch, Messier, and Adam Graves all scored and the Rangers broke a 54-year drought.

  • 1994 Eastern Conference Final Game Seven: Stephane Matteau scored late in double overtime to send the Rangers to the Stanley Cup Finals. What happened in the Final makes this moment even bigger.

  • 2014 Eastern Conference Final Game Six: Henrik Lundqvist posted a shutout and Dominic Moore scored the lone goal for New York, as they advanced to the Cup Final for the first time in 20 years.

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