Stanley Cup 2023 Betting Guide

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The Stanley Cup Playoffs, the grand finale of the NHL season, is a thrilling best-of-seven series that concludes a gruelling season and postseason. This ultimate test pits the survivors of the Eastern and Western conferences against each other.  

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Unlike the Super Bowl, the Stanley Cup Final is not a one-and-done game. It's a best-of-seven series played over two to three weeks, typically concluding in mid-June. Every sportsbook will have odds on who will win the 2023 Stanley Cup in the coming days, so keep an eye on the Stanley Cup odds. 

If you've been placing bets on the NHL throughout the regular season, you might find the NHL playoffs a bit more challenging as the best teams in the league compete for the Stanley Cup. 

We'll not only show you where to find the best Stanley Cup odds but also guide you on how to place bets on Stanley Cup games and the most popular options for NHL betting. 

Follow along for your complete guide to betting on the 2023 Stanley Cup. 

What Teams Are in the 2023 Stanley Cup Playoffs 

In the Eastern Conference, the Boston Bruins were the No. 1 seed. Also in from the East were the Carolina Panthers, Toronto Maple Leafs, New Jersey Devils, New York Rangers, Tampa Bay Lightning, New York Islanders and Florida Panthers. In the Western Conference, the Colorado Avalanche was the top seed. The rest of the west was the Vegas Golden Knights, Dallas Stars, Edmonton Oilers, Los Angeles Kings, Minnesota Wild, Seattle Kraken and Winnipeg Jets. 

The Stanley Cup 2023 has been a thrilling spectacle, with the Florida Panthers, Carolina Panthers, Vegas Golden Knights and Dallas Stars advancing to the Conference Finals. The betting odds fluctuate as each game unfolds, reflecting the dynamic nature of the tournament. The Florida Panthers knocked off the top-seed Boston Bruins in the first round and have demonstrated their offensive strength. The Vegas Golden Knights have veteran leadership and experience and it has shown throughout the playoffs. Vegas and Florida advanced to the Stanley Cup Finals. 

Stanley Cup Favourite  

The Vegas Golden Knights have emerged as the big favourite in the odds to win the trophy. A convincing win in Game 1 and 2 of the finals have significantly boosted their Stanley Cup odds. Their strong performance during the regular season, coupled with their offensive and defensive prowess in the playoffs, has made them the top contender for the Stanley Cup. The NHL Stanley Cup odds reflect this, adding another layer of excitement to the anticipation of who will ultimately lift the Cup. The odds will continue to evolve throughout the series, keeping fans and bettors on the edge of their seats.  

Past Stanley Cup Champions

 

YearNHL Stanley Cup ChampionsRunner Up
2022Colorado AvalancheTampa Bay Lightning
2021Tampa Bay LightningMontreal Candiens
2020Tampa Bay LightningDallas Stars
2019St Louis BluesBoston Bruins
2018Washington CapitalsLas Vegas Golden Knights
2017Pittsburgh PenguinsNashville Predators
2016Pittsburgh PenguinsSan Jose Sharks
2015Chicago BlackhawksTampa Bay Lightning
2014Los Angeles KingsNew York Rangers
2013Chicago BlackhawksBoston Bruins
2012Los Angeles KingsNew Jersey Devils
2011Boston BruinsVancouver Canucks

2023 Stanley Cup Finals 


The Stanley Cup Finals are set to begin on June 3. The Florida Panthers will be playing the Vegas Golden Knights. 
Both teams will be trying to win the first Stanley Cup in team history.

Betting on the Stanley Cup 

The million-dollar question as the Finals begin: Who will win the 2023 Stanley Cup? 
Since we aren't psychic, we can't give you that answer, but we can help you learn how to bet on the games and have a little fun.  

Established 2013
Sports with Futures Betting
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Yes
Special Bets
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Yes
19+. T&C Apply. Play Responsibly
Established 1997
Sports with Futures Betting
Cash Out Tooltip Can you cash out of bets before an event has finished?
26
Yes
Special Bets
Parlay Futures?
Yes
Yes
19+ • $10 min deposit • The Bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater • Half of the bonus will be credited to you right away, while the other half will be credited after you verify your documents • Casino Bonus must be claimed within 7 days and expires after 14 days • Withdrawal restrictions, payment methods, country & T&Cs apply

How to Bet on the NHL Stanley Cup

Let's look at the most popular NHL Stanley Cup betting options, as well as some popular bets you can place on the 2023 NHL Stanley Cup Final.

Stanley Cup Moneyline Betting

The moneyline wager in professional sports betting is the most popular and common wager you can place. 

Let's say the moneyline odds for the Golden Knights are at 1.77, which means you can risk $130 to win $100, for a total payout of $230, if they win the series.

With a possibility of seven games being played in the Stanley Cup Finals, moneyline bets are perfect for earning some extra cash by predicting which team will win any given game.

10th June – Game 5 (VGK leads 3-1) 

Moneyline 

Team888SportUNIBETSIA
Florida Panthers2.352.382.52
Vegas Golden Knights1.601.601.54

Stanley Cup Puckline Betting

You may not be familiar with the term puckline, but if you understand what a point spread is, they are exactly the same - the only reason it's called a puckline is because hockey doesn't necessarily track points, they track goals. A puckline bet during the Stanley Cup Playoffs will essentially give the underdog team a head start before the game even begins.

Let's say in the Florida Panthers vs. Vegas Golden Knights Stanley Cup Finals, you have odds on the Golden Knights at -2.5 and the Panthers a +2.5, that means the Golden Knights are the favoured team, and the Panthers are the underdog. The Golden Knights have to win the game by more than two goals for a bet on them to cash. The Panthers will either have to win the game or lose by less than two goals for a bet on them to cash.

The half point in the pucklines helps by preventing a push. If the puckline were a whole number, let's say, 3, and the underdog team lost by 3 goals, neither side of the bet would win and your stake would be returned to you as a push.

10th June – Game 5 (VGK leads 3-1) 

Puckline

Team888SportUNIBETSIA
Florida Panthers +1.51.561.561.58
Vegas Golden Knights -1.52.482.482.44

Stanley Cup Totals Betting (Over/Under)

Totals betting is a common and popular betting option in any sport. It allows you to predict how many goals will be scored by both teams collectively. The appeal of totals betting is that you don't need to predict who will win the game, so it's appealing for close matchups or if you don't know the teams all that well.

Let's say the oddsmaker set a line of 5.5 for one of the games. This means it's predicted that it won't be a very high-scoring game.

The oddsmakers are assuming that the score will remain roughly in the five-point range, whether that's 4-1, 3-2, 5-0 etc. Your job is to determine if the total number of points for both the Vegas Golden Knights and Florida Panthers will be more or less than 5.5.

It's important to look at the team's strengths and weaknesses of offense and defense. Is the top scorer going to perform against that goaltender? Then you might be inclined to take the over if you feel a goalie is going to get lit up.

Let's say you choose the under, and the game finishes 3-1 for the Golden Knights. Your bet would cash because the total would be four. If you chose the over, and the final score was 5-4 for the Golden Knights, you would win because the total is nine.

10th June – Game 4 (VGK leads 2-1) 

Totals

Line888SportUNIBETSIA
U61.831.831.83
O62.002.002.00

 

Established 1997
TV/Awards/Music Betting
Politics Betting
Yes
Yes
Manager Sack Race Betting
Acca Insurance - Y/N Tooltip Refund or free bet when one selection in an accumulator lets the bet down
No
Yes
19+ • $10 min deposit • The Bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater • Half of the bonus will be credited to you right away, while the other half will be credited after you verify your documents • Casino Bonus must be claimed within 7 days and expires after 14 days • Withdrawal restrictions, payment methods, country & T&Cs apply
Established 2017
TV/Awards/Music Betting
Politics Betting
Yes
No
Manager Sack Race Betting
Acca Insurance - Y/N Tooltip Refund or free bet when one selection in an accumulator lets the bet down
No
No
19+. T&C Apply. Play Responsibly
Established 2012
TV/Awards/Music Betting
Politics Betting
Yes
Yes
Manager Sack Race Betting
Acca Insurance - Y/N Tooltip Refund or free bet when one selection in an accumulator lets the bet down
No
No
19+. T&Cs Apply. Play Responsibly

Stanley Cup Prop Betting

The best part about the Stanley Cup Playoffs and especially the Stanley Cup Finals is that the prop bets are more plentiful than the regular season. Prop bets, or proposition bets are unique, fun and interesting wagers you can place on instances that occur within a game or event.

So, there can be game, team or player props that occur during a specific matchup. Some examples of prop bets you might see before any game during the Stanley Cup Finals could be whether a particular player scores, which team will score first, or whether a goaltender might get a shutout.

These things don't really affect the final score or outcome of the game and can be bet on leisurely with little pressure. Many prop bets will be framed as yes or no questions, and you will essentially treat it as a moneyline wager. You will choose which outcome you think will occur. Other odds formats include lists of options, where you can pick from several different players or happenings in the game.

In the case of the Stanley Cup Finals, you might bet on the recipient of the Conn Smythe trophy for most valuable player. There, you will have a list of all the players who would be in the running for the achievement, and you can select from that list.

Stanley Cup Final Futures Betting

An NHL future bet is pretty self-explanatory. When it comes to the NHL Stanley Cup Final, you will be betting on which team you think will win the Championship months or even a year in advance. Many intermediate and expert sports bettors will take out a futures wager once the regular season begins on a team that they think has what it takes to go all the way to the Finals, and if their bet is correct, they will be in for big winnings.

One of our favourite examples is the 2019 Stanley Cup winner: The St. Louis Blues. They started the season at 41.00 to win the Stanley Cup, which made them a pretty standard underdog. In January of 2019, their futures odds shot up to 70.00 and they continued to shock hockey fans as they made it all the way to the Stanley Cup Finals, where they were crowned champions.

A Blues fan/bettor placed a $400 wager on the team to win the Stanley Cup and won $100,000 simply by betting on their favourite team. While the Blues were huge underdogs halfway through the season - they managed to come out on top and Blues bettors were happy.

You can also cash out your Stanley Cup futures bet for a discounted price if you are losing faith in the wager. If you place a wager at the beginning of the season and the top scorer on the team gets injured, the team won't have the firepower they did when the lines were set, and you can get part of your money back by cashing out than sticking with it and losing all of your stake.

Established 2013
Sports with Futures Betting
Cash Out Tooltip Can you cash out of bets before an event has finished?
32
Yes
Special Bets
Parlay Futures?
Yes
Yes
19+. T&C Apply. Play Responsibly
Established 2008
Sports with Futures Betting
Cash Out Tooltip Can you cash out of bets before an event has finished?
32
Yes
Special Bets
Parlay Futures?
No
Yes
19+. T&C Apply. Play Responsibly
Established 1997
Sports with Futures Betting
Cash Out Tooltip Can you cash out of bets before an event has finished?
26
Yes
Special Bets
Parlay Futures?
Yes
Yes
19+ • $10 min deposit • The Bonus will be applied once the full deposit amount has been wagered at least once with cumulative odds of 1.5 or greater • Half of the bonus will be credited to you right away, while the other half will be credited after you verify your documents • Casino Bonus must be claimed within 7 days and expires after 14 days • Withdrawal restrictions, payment methods, country & T&Cs apply

Online Sportsbooks Available in Canada

The first step you will need to take before you start betting on the Stanley Cup is to find an online sportsbook that meets your needs. That means you will want to start off with online sportsbook reviews. We have a great list of online sportsbooks that are available in Canada, that offer popular payment options, great bonuses for new bettors, and a great selection of Stanley Cup odds. The sites that you can sign up to will depend on your location as each province has its own set of laws surrounding sports betting. In some cases your only option may be to sign up with an offshore operator. Some provinces are beginning to change their laws. For example, Ontario Sports betting has now been legalised and there are a whole host of new operators available to sign up with. So, be sure to check what your options are in advance of signing up with any betting site.



 

Take a look at our top picks for NHL odds and Stanley Cup betting in general and be sure to do thorough research before you decide to sign up. Once you pick the right sportsbook for you, all you need to do is make your deposit and start betting on the 2023 Stanley Cup Finals!

FAQ

How many games are in an NHL playoff series?

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