We've tested, rated, and reviewed the best Stanley Cup betting offers to help you wager at the end of the NHL season.
Note: This guide uses U.S. dollars ($) and American odds (e.g., -140, +160) for illustrative purposes. Most betting sites allow you to view odds in decimal or fractional formats and will display currency options based on your location.
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Popular NHL betting markets feature numerous ways to wager on the final, including team and individual bets that allow bettors expanded opportunities to exploit their handicapping prowess. Stanley Cup betting is unique because you can bet on the entire series and individual games.
Moneylines are based on positive and negative figures and indicate how much money a bettor must wager to win $100 when betting on the favorite, or how much a $100 bet would win when betting on the underdog. Negative numbers indicate how much bettors must play to win $100.
Let's look at a few examples:
Puck lines are hockey’s version of the point spread and a means of leveling the odds between two opponents. If you’re betting on the puck line, the favorite must win by more than 1.5 goals (in most cases), or the underdog must keep the score within a goal to cover. For example:
A -1.5 puck line bet requires the favorite to win by at least two (the half goal assures no ties). Conversely, in this example, if you bet on the underdog (+1.5), you would need your team to win outright or lose by no more than one goal. A loss by two goals or more would cause you to lose the bet.
Betting on totals (also known as the over/under) involves wagering on how many goals will be scored in a single game by both teams combined. If the over/under for a Stanley Cup Finals game is set at 5.5 by the oddsmaker, a bet on the over would be successful if the teams combined for six or more goals.
Futures bets involve season-long goals for both teams and players. For example, these can be bets on whether a team wins the Stanley Cup, its division title, or enough games to make the playoffs. You can also make a futures bet on a particular player to win the MVP.
NHL games are played over three 20-minute periods, and betting while the game is taking place or between periods can be an entertaining way to reassess your pre-game bet and try another strategy. It is, therefore, beneficial to know whether a team excels in a particular period in terms of scoring or has a good record when leading or trailing after a specific point in the game.
Any team would prefer to score early and often and clamp down for the rest of the game, but few can. Study a team’s trends. Numbers will present a picture of the mindset and patterns.
After an 82-game regular season, a Stanley Cup finalist will have played three best-of-seven series to reach the Final.
Playoff series are structured in a 2-2-1-1-1 format, meaning the team with the best regular season record is afforded four home games if the series goes to seven. That team with the best record hosts the first two games, before traveling to the other team’s city for two more games, with the remaining three games alternating between cities, if needed.
This format allows each team to host at least two games.
That’s at least 12 games (in the case of three straight sweeps) and up to 21 in a compressed amount of time.
That’s physically and emotionally grueling. Injuries and fatigue are a massive consideration when assessing which teams can win.
The postseason is such a grueling trial that even teams that end the season as the odds-on favorites have lost early and often in recent years. Still, paying attention to trends can be helpful in Stanley Cup betting.
Lines can change anytime, depending on the matchup, health, or performance.
One unique statistical category in hockey that often provides distinct advantages is teams' power plays and penalty kill percentages. When a player commits a rules infraction during a game, he is sent to the penalty box for two or five minutes, depending on the severity of the infraction.
This results in a 5-on-4 advantage for the other team, known as a power play, while the other team's shorthanded "penalty kill" unit attempts to thwart the opponent defensively.
Mastery in either category is a significant factor in a game's ebb and flow. Scoring on a power play or completing a successful kill are key momentum-shifting moments.
Stanley Cup betting is often trickier than regular-season betting because players who were pedestrian in the regular season often up their game a notch, knowing that a long rest is just around the corner. There are also clutch players who rise to the occasion.
For example, Washington Capitals right wing Devante Smith-Pelly, a career journeyman, needed 75 games to net seven goals in the 2017-2018 regular season but just seven games to reach the same mark—including two game-winners—in the Stanley Cup playoffs.
Hope is not a plan, and momentum and positive energy don’t seem like sound metrics when analyzing a matchup, but they are all part of the Stanley Cup Playoffs' enigma. Sometimes, betting with your gut isn’t a bad idea if you think you’re watching a team of destiny.
Year | Winner | Runner Up | Result |
2025 | Florida Panthers | Edmonton Oilers | 4-2 |
2024 | Florida Panthers | Edmonton Oilers | 4-3 |
2023 | Vegas Golden Knights | Florida Panthers | 4-1 |
2022 | Colorado Avalanche | Tampa Bay Lightning | 4-2 |
2021 | Tampa Bay Lightning | Montreal Canadiens | 4-1 |
2020 | Tampa Bay Lightning | Dallas Stars | 4-2 |
2019 | St. Louis Blues | Boston Bruins | 4-3 |
2018 | Washington Capitals | Vegas Golden Knights | 4-1 |
2017 | Pittsburgh Penguins | Nashville Predators | 4-2 |
2016 | Pittsburgh Penguins | San Jose Sharks | 4-2 |
2015 | Chicago Blackhawks | Tampa Bay Lightning | 4-2 |
2014 | Los Angeles Kings | New York Rangers | 4-1 |
2013 | Chicago Blackhawks | Boston Bruins | 4-2 |
2012 | Los Angeles Kings | New Jersey Devils | 4-2 |
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