Want To Bet On The Vegas Golden Knights? You Won’t Get Any Value In Nevada

Marc Meltzer October 2, 2018 499 Reads
Golden Knights betting

The Vegas Golden Knights went from longshots to sweethearts in their first NHL season. The Golden Knights aren’t quite the longshot as we head into their second season. Odds for the Vegas Golden Knights range from the very short favorite in Nevada to a respectable Top 10 in New Jersey.

Vegas Golden Knights Stanley Cup Championship Odds

Vegas Golden Knights Odds In Las Vegas

  • +450 at Station Casinos
  • +800 at William Hill
  • +800 at Westgate (2nd favorite)

Vegas Golden Knights At National Sportsbooks

  • +400 at Boyd Gaming
  • +800 at MGM Resorts
  • +800 at Golden Nugget
  • +900 at Caesars Entertainment

Vegas Golden Knights Odds In New Jersey

Looking back at the 2017-2018 season

Last year, the Vegas Golden Knights started their first season in the NHL as a 300-1 longshot to win the Stanley Cup at the Westgate before reaching a peak of 500-1. The team started off the season strong and they never stopped.

Vegas locals poured into sportsbooks banging away on the local favorite. Nothing stopped bettors from taking the Golden Knights during the season. The success of the expansion team was unprecedented on the ice and in the sportsbooks.

The Golden Knights went from an underdog in games for the first part of the season to favorite in most games as the season went on. Sportsbook operators couldn’t slow down the influx of bets. In Nevada sportsbooks, the Golden Knights became the favorite to win the Stanley Cup last season.

TheLines spoke with Jay Kornegay from the Westgate about the Vegas Golden Knights’ inaugural season. Bettors were betting on the Golden Knights without a care in the world about the odds. There were mixed emotions for the staff as many are season ticket holders and everyone wanted to see the hometown team do well.

The only people that could stop the action for the Vegas Golden Knights were the eventual Stanley Cup champions. The Washington Capitals saved the Nevada sportsbooks from paying out a big winner in the Vegas Golden Knights.

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Vegas Golden Knights in 2018-2019

The new season for the NHL brings new places to wager on professional hockey beyond Nevada. Sportsbooks are now open in New Jersey, Mississippi, and West Virginia. Betting markets will sometimes show a regional bias and we’re seeing that in Las Vegas for the Golden Knights.

The Vegas Golden Knights are as low as 4-1 to win the Stanley Cup at Boyd Gaming sportsbooks in Nevada and Mississippi. Let’s assume there isn’t much hockey futures wagering in Mississippi just yet and the majority of wagers on hockey are coming from Las Vegas. The Golden Knights are also a large +450 (4.5-1) favorite to win the Stanley Cup at Las Vegas locals casino operator Station Casinos.

When you move east, there’s a decided bias against the Vegas Golden Knights in the sportsbooks. Rather, there’s no bias towards the Western Conference finalists. The Golden Knights are 11-1 at FanDuel and 14-1 at SugarHouse and DraftKings, respectively, to win the Stanley Cup at the sportsbooks that don’t operate in Nevada. The Golden Knights are still among the Top 10 favorites to win the Stanly Cup but they aren’t prohibitive favorites.

Will other cities bet the same way?

Nevada residents love their local NHL team and the futures odds show that. NHL teams on the east coast aren’t seeing the same love…yet. The Philadelphia Flyers and New Jersey Devils are the closest franchises to New Jersey sportsbooks. However, bettors aren’t running out to wager on the teams in the region. They’re not betting on the New York Rangers or New York Islanders either.

Kornegay says that bettors really took to the Vegas Golden Knights after they started to look good on the ice. He thinks that we’ll see a similar reaction on the east coast if those teams can catch fire like the Vegas Golden Knights did last season.