Stanley Cup Odds 2020

NHL futures odds and strategy

The impact of the coronavirus (COVID-19) pandemic has affected all sports leagues, including the National Hockey League. With just over three weeks left in the regular season, the NHL announced on March 12 that the 2019-20 season would be suspended until further notice.

Whether or not the season will be “unpaused” will depend on many factors, including federal and local restrictions on travel, social distancing guidelines, and more. The status of 2019-20 Stanley Cup futures bets is therefore to be determined. Below find the last update of the odds tables before the season was suspended, and check back here for any updates.

NHL Stanley Cup odds 2020

Stanley Cup Winner

Game
(Eastern Time)
(EST)
Boston
Bet now
+550
Bet now
+650
Tampa Bay
Bet now
+750
Bet now
+700
Colorado
Bet now
+1000
Bet now
+850
Vegas
Bet now
+1000
Bet now
+900
St. Louis
Bet now
+1100
Bet now
+900
Washington
Bet now
+1100
Bet now
+1100
Pittsburgh
Bet now
+1200
Bet now
+1300
Philadelphia
Bet now
+1400
Bet now
+1300
Dallas
Bet now
+1500
Bet now
+1500
Toronto
Bet now
+2000
Bet now
+2500
Edmonton
Bet now
+2000
Bet now
+2000
Calgary
Bet now
+2300
Bet now
+3500
Carolina
Bet now
+2400
Bet now
+2800
Minnesota
Bet now
+2400
Bet now
+5000
Vancouver
Bet now
+3200
Bet now
+3000
NY Islanders
Bet now
+3500
Bet now
+2900
Arizona
Bet now
+3500
Bet now
+4000
Nashville
Bet now
+4000
Bet now
+3500
NY Rangers
Bet now
+4000
Bet now
+4500
Columbus
Bet now
+6000
Bet now
+5500
Florida
Bet now
+6500
Bet now
+6000
Winnipeg
Bet now
+6500
Bet now
+5500
Chicago
Bet now
+12500
Bet now
+25000
Montreal
Bet now
+35000
Bet now
+25000
Buffalo
Bet now
+40000
Bet now
+25000
Anaheim
Bet now
+150000
Bet now
+25000
Los Angeles
Bet now
+200000
Bet now
+25000
New Jersey
Bet now
+200000
Bet now
+25000
San Jose
Bet now
+200000
Bet now
+25000
Ottawa
Bet now
+300000
Bet now
+25000
Detroit
Bet now
OTB
Bet now
OTB

NHL futures report: March 2020

By Esten McLaren

The Favorites

Boston Bruins (+650): The Bruins remain atop the league and the Atlantic Division and have pulled even with the division-rival Tampa Bay Lightning by the odds to win the Stanley Cup. They share the league lead with 43 victories, but not a single one of those has come in overtime or a shootout. Winning games in regulation is good preparation for playoff hockey.

Tampa Bay Lightning (+650): The Lightning, second in the Atlantic Division, went through a shaky 3-5-1 stretch since Feb. 20. They were outscored 29-34 over those nine games but remained strong by puck-possession metrics with a Corsi For Percentage (rate of total shot attempts) of 51.7 percent.

Colorado Avalanche (+1000): The Avs sit second in the Central Division, but they have slightly better odds than the reigning champion St. Louis Blues. They have the best goal differential in the Western Conference and G Pavel Francouz has been dominant between the pipes with Philip Grubauer sidelined by injury.

Philadelphia Flyers (+1000): The Flyers’ odds dropped from +2000 since Feb. 25. They’ve stretched their winning streak to nine straight games in which they outscored their opponents 39-17. G Carter Hart posted a .934 save percentage in his first 10 games since returning from injury.

Vegas Golden Knights (+1000): The Golden Knights’ odds have increased slightly without much reason. They’re still first in the Pacific Division and home-ice advantage will once again be a huge benefit for the NHL’s youngest franchise. They’re 9-4 at home and 7-7 on the road through their first two postseason trips.

The Contenders

St. Louis Blues (+1100): The reigning champs are offering adequate value as the Central Division leaders. G Jordan Binnington rebounded in February following a disastrous January in which he posted a 3.61 goals against average and .866 SV% across seven games. Star RW Vladimir Tarasenko (shoulder) is inching closer to a return from what was once believed to be a season-ending injury.

Washington Capitals (+1100): The Capitals find themselves fighting to hold off the Flyers in the Metropolitan Division after primarily being concerned with the Pittsburgh Penguins for the bulk of the season. Washington holds a small edge in Regulation or Overtime Wins (ROW) through 68 games, but Philly won the last three head-to-head meetings by a combined count of 15-6 to win the season series.

Pittsburgh Penguins (+1200): The Penguins were jumped by the state-rival Flyers and now must hold off the Columbus Blue Jackets (+6000) for the third seed in the Metro. They went just 2-8 from Feb. 20 to March 8 and were outscored 40-23.

Dallas Stars (+1500): The Stars dropped five straight from Feb. 27 to March 7 but lost just one of those games by more than one goal. They’ve become a better value pick with their odds rising slightly.

Edmonton Oilers (+2000): The Oilers are now fighting for the top spot in the Pacific Division following a busy trade deadline. Gs Mikko Koskinen and Mike Smith have been splitting time in goal to near-even results. Fs Leon Draisaitl and Connor McDavid rank first and second in the NHL with 110 and 96 points, respectively.

Toronto Maple Leafs (+2000): The Maple Leafs have gone 3-2-1 since our last update and were recently swept on their three-game road trip through California against the inferior trio of the San Jose Sharks, Los Angeles Kings and Anaheim Ducks. They’re firmly behind the Bruins and Lightning in the Atlantic Division and have the Florida Panthers biting at their heels.

The Longshots

Calgary Flames (+2300): The Flames have soared up the odds board while moving into third place in the Pacific. They lead the league with six shootout wins against just one loss on the season, but they’re the only team mentioned here with a negative goal differential.

Minnesota Wild (+2400): The Wild’s odds have improved from +4500 in just two weeks. Despite acting as a seller at the trade deadline, they’ve gone 7-3-0 across their last 10 games and are fighting for a top-three spot in the Central or, at least, a wild-card berth. Goaltending remains a question mark, but the offense has broken out with 34 goals scored across their last eight games.

Florida Panthers (+6500): The fourth-place team in the Atlantic Division, the Panthers are competing with the Columbus Blue Jackets (+6000), Carolina Hurricanes (+2400), New York Islanders (+3500) and New York Rangers (+4000) for an Eastern Conference wild-card spot. Florida ranks third among those teams in goal differential, and it’s still waiting to get the best of G Sergei Bobrovsky.

Best NHL betting sites

Rank
DFS Provider
Bonus
Promo Code
Features
Click To Claim
Claim Your $20 Free At DraftKings DFS
1
$20 Free
On First Deposit
DraftKings DFS Review
  • $20 Free Play On First Deposit
  • GPP, H2H, Leagues
  • Play With The Leader in Daily Fantasy Sports.
$5 Just For Signing Up - You Don't Need To Deposit
2
$5 Free
No Deposit Required
FanDuel DFS Review
  • $5 Free
  • $5 More On Deposit
  • Watch Sports, Play Fantasy, Win Cash!
Claim Your $1,000 Bonus At Prize Picks
3
Up To $1,000 Bonus
On First Deposit
Prize Picks Review
  • 25% Match Bonus Up To $1,000
  • FREE Entry to win $25
  • Use Promo Code: Lines

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.