Stanley Cup Odds 2020

NHL futures odds and strategy

The Tampa Bay Lightning and Dallas Stars meet in the 2019-20 Stanley Cup Final. The best-of-seven series is being played entirely at Rogers Place in Edmonton and will be held without fans in attendance. It took overtime to decide both regular-season meetings between the two teams, with the Stars winning by scores of 4-3 and 3-2.

Dallas enters the Stanley Cup Final with a rest advantage. The Stars upset the Vegas Golden Knights in five games in the Western Conference Final, while the Lightning went six games against the New York Islanders in the Eastern Conference Final.

Tampa Bay enters the series as the favorite to win its first Stanley Cup since 2003-04. The Lightning began the playoffs second in the Eastern Conference after finishing the regular season with a record of 43-21-6 through 70 games. The Stars, who are looking for their first cup win since 1998-99 went 37-24-8 through 69 regular-season games.

When the NHL season was put on pause in mid-March due to the COVID-19 pandemic, the Lightning were co-favorites to win the Stanley Cup at DraftKings Sportsbook at +650 odds and the Stars were +1500.

This page will track the current NHL betting odds to win the Stanley Cup throughout this final series. We’ll also look at some of the best NHL betting sites and their active promotions, and discuss all the ways you can bet on the Stanley Cup Playoffs with some strategy tips to help you win.

Stanley Cup Final Game 1 odds: Stars vs. Lightning


The Stars enter the SCF with a rest advantage, having completed a five-game Western Conference Final series win over the Vegas Golden Knights Monday. The Lightning went six games in the Eastern Conference Final against the New York Islanders, with their series finishing Thursday night with a 2-1 overtime win.

The Lightning were second in the Eastern Conference by point percentage through 70 regular-season games. The Stars were fourth in the West through 69 games. Dallas and Tampa Bay met twice in the regular season; the Stars won both games in overtime by scores of 4-3 and 3-2.

The Lightning have two of the three top point-getters in the playoffs. RW Nikita Kucherov leads all scorers with 20 assists and 26 points. C Brayden Point has 25 points and nine goals – tied with D Victor Hedman. Stars D Miro Heiskanen leads his team with 22 points. Denis Gurianov and Joe Pavelski each have nine postseason goals for the Stars. Lightning C Steven Stamkos is expected to remain sidelined for at least the start of the series.

Stars G Anton Khudobin has faced a playoffs-high 610 shots through 19 games (18 starts) and has a .920 save percentage and 2.62 goals against average. Lightning G Andrei Vasilevskiy, a Vezina Trophy finalist, has a .931 SV% and 1.82 GAA through 19 games.

Vasilevskiy played both of the regular-season contests against the Stars; Khudobin faced the Lightning in just the first meeting and stopped 45 of 48 shots for the OT win.

Both teams are 2-1 straight up in their three series-openers thus far. The Lightning are favored to win Game 1, the series, and the Stanley Cup. They were co-favorites to win the cup at +650 at DraftKings Sportsbook when the NHL season was put on pause. The Stars were +1500 at that time and ninth by the odds.

The Game 1 puck line is juiced toward a one-goal margin of victory for the Lightning. The Over/Under is 5 with vig on the Over. The Lightning are 5-10-1 against their projected playoff totals since the start of Round 1. The Stars are 9-7-2.

ALSO READ: Betting picks for the Stanley Cup Final

Stanley Cup Final series odds 2020

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Those betting using mobile options can simply navigate to the hockey section of the betting app to find Stanley Cup futures.

Bettors looking to place those Stanley Cup wagers may want to check out the odds at FanDuel Sportsbook. The site offers plenty of options in betting for the Stanley Cup winner as well as wagering on individual matchups.

DraftKings Sportsbook also offers a nice betting experience and all the futures action a hockey fan might want. For both sites, simply click on “hockey” and then the “futures” tab to make a selection. There are some great bonus offers at both FanDuel and DraftKings for those looking to get in on the action.

If sports betting isn’t legal in your state yet, daily fantasy sports is another great way to have some skin in the game. Sign up for an account at DraftKings and get $25 free.

How to bet the NHL

Betting on the NHL, and hockey, in general, is somewhat of a cross between baseball and basketball betting. It’s similar to basketball in that it can be slightly more predictable, particularly over the long term when looking at the proper statistics and trends. It leans toward baseball in following suit with generally modest odds and lines, and like with starting pitchers, the lines hinge on the projected starting goaltenders. The terms and bet types remain the same as in the other main sports.

  • Moneyline: The most straightforward and common bet type; pick the team to win the game, either in regulation, overtime or a shootout. Odds will generally range from -250 to +250 but can extend closer to -500 or +500 in rare cases. A late goalie swap can drastically change the odds, and likelihood of a team winning.
  • Puck line/Spread: Much the same as run lines in baseball betting, the standard puck line is set at +/- 1.5 goals. The favorite must win by at least two goals, while the underdog needs to stay within one in a loss or win outright. Any game going to overtime would be a win for the underdog regardless of the final outcome.
  • Total: The total, or Over/Under, is most commonly set at a base of 5.5, though as with all hockey odds, the projected goalie matchup is the biggest factor. A pair of backups starting against each other would usually boost the line to 6.5, while a pair of elite goaltenders could drop the number to 4.5.
  • Alternate lines: The alternate betting lines are more valuable in hockey than nearly all the other main sports. Buying yourself a goal against either the spread or total can greatly raise your chances of earning at least a small profit. Boosting your odds to a puck line of -2.5 or a total of 7.5 can return a much great profit with the increased risk.
  • Props: Hockey prop bets range from which team will score first to whether or not certain players will score a goal in the game. Rather than backing an underdog on the puck line in what’s expected to be a tight game, look for whether or not the game will go to overtime at much more profitable odds.
  • Futures: Stanley Cup futures typically come out immediately after the prior NHL season wraps up in June. From then until the trophy is awarded the odds are regularly updated based on team expectations, performance, and public betting action. Injuries, trades and winning or losing streaks also carry great weight. Be sure to incorporate advanced statistics and know which teams are overperforming and who could enjoy a late-season surge in order to capitalize on long odds. Futures are also available for player awards and stats, and conference and division winners.

How do Stanley Cup futures work?

First, let’s define a futures wager. These are made on the result of certain event or contest to happen in the future.

Fans enjoy these wagers because they offer a chance to cheer for a team (or a few) in the long run. They also have a chance at a nice payout for a smaller wager. In this case, a bet on a certain team to survive the playoffs and win the Stanley Cup.

In the NHL, eight teams from each conference qualify for the playoffs. Making a futures wager on one of those 16 teams is easy, both in a live sportsbook and online.

A sportsbook in a casino will have futures odds usually listed on a large screen somewhere in the sportsbook. These should be easy to find, but staff at the betting windows can help.

Let’s look at an example using a $100 futures wager:

  • FanDuel Sportsbook opened the Tampa Bay Lightning as the favorite to win the Stanley Cup at +195. A bettor putting $100 on Tampa would win $195 (and get the original $100 bet back) if they won the title.
  • If the DraftKings book had the Dallas Stars with futures odds of +400, it actually pays at 4 to 1 (400 to 100). So a $100 wager on the Stars in this scenario would win $100. It’s that easy.

Why do odds change during a season or in the playoffs?

While a team might start off with certain odds, they can change at any time. The Colorado Avalanche may start as a +2600 underdog (with a $100 wager to win $2,600), but that can change later. Several factors could be in play making those lines move.

  • Futures odds are a fluctuating market. A team may have a surprising Round 1 upset victory and played well. That may spur oddsmakers to move those lines down.
  • Odds are adjusted based on a team’s performance, injuries, opponents, and more during the season and postseason. As teams are eliminated in the playoffs, futures odds can be adjusted.
  • Sportsbooks also adjust odds based on betting patterns. A large amount bet on a certain team may force oddsmakers to lower odds to reduce exposure to potential losses should that team pay off.

NHL futures betting history

Winning the Stanley Cup isn’t easy. Teams must survive three playoff rounds before battling it out in the finals. That comes after an 82-game regular season with plenty of skating, checking, and road trips.

The goal is to be one of the eight teams in the postseason from each conference and then see what happens. The Vegas Golden Knights made an historic run to the finals as an expansion team in 2018. But who were some of the biggest longshots in history to win the Cup?

  • 2012 – The L.A. Kings entered the playoffs as an eighth seed and were 20-1 to take home their first title in 44 years. As the L.A Times notes, the team caught fire “… thanks largely to their remarkable 10-1 road record, tying a league record for the most road wins in a postseason. And while winning 16 of 20 playoff games, the Kings outscored their opponents by an impressive 57-30.”
  • 1995 – The New Jersey Devils were a fifth seed when the playoffs started. The team struggled a bit during the regular season, which was shortened to 48 games due to a lockout. The Red Wings looked like an unstoppable force and few in the media predicted Jersey would win. But the Devils completed an unlikely 4-0 sweep.
  • 1986 – With a team full of rookies including goalie Patrick Roy and forward Claude Lemieux , the Montreal Canadiens shocked the hockey world with a 4-1 finals victory over the Calgary Flames.

No doubt, bettors took home a nice score on these futures wagers.