Be sure to follow the 2020 NHL Stanley Cup Playoff Results and stay on top of all the betting action during the postseason matchups played in Canada.

Betting on the NHL Playoffs

The Stanley Cup playoff typically begin in April and the future odds can be wagered on throughout the NHL season. Prior to the season, every team has future odds listed next to them and bettors are able to view the expectations given by the oddsmakers. With the season stoppage this year, the NHL is looking at resuming their 2020 season with a unique 24 team playoff. This expanded format, along with the teams needing to rebuild the chemistry they built throughout the 2019-2020 regular season, should provide great value bets on who will win the 2020 Stanley Cup. VegasInsider will provide updating NHL betting strategies as more details are announced.

The NHL playoff future odds for the Stanley Cup can be wagered on before the season begins and throughout the season. When the postseason begins, the Stanley Cup Odds are only given to the 16 teams that have clinched a spot in the NHL playoffs. Those betting odds are given to eight teams in both the Eastern and Western Conference.

Since the NHL Playoffs are very unpredictable, we’ve seen many lower-seeded teams advance to the championship and cash generous tickets based on longer Stanley Cup Odds prices.

2020 Stanley Cup Odds to Win

There are several good bets to win NHL Playoffs in 2020. The current odds for the top contenders to win the Stanley Cup Finals today are:

Dallas Stars : -109

: -109 Tampa Bay Lightning: -106

How to Bet on NHL Futures

Many pundits believe that the Stanley Cup is the hardest trophy to win in professional sports and that’s not usually a good for bettors placing NHL Future wagers but at the same time, the payoff can be great.

The NHL Futures market in pro hockey is a simple bet and can be defined as an “Odds to win” wager. Bettors must correctly select a team to win an event that takes place a later time in the year or season. The money placed on the future wager will be locked in with a sportsbook and bettors will receive fixed odds at the time of the wager. NHL Futures can be bet on before and during the season, depending on when the sportsbooks post their future odds.

Player Awards

The Hart Memorial Trophy is a popular NHL future wager for players. This award is given to the Most Valuable Player in the NHL regular season. The Conn Smythe Trophy is another top betting market and that award is for the MVP of the NHL Playoffs.

How do I bet on the Stanley Cup?

Players can bet on the Stanley Cup at all legal sportsbooks in the United States. Visit our list of legal sportsbooks in the United States for more information on where you can place NHL bets. The wager is based on simple math and very friendly to novice bettors. To figure out your Win Amount, take the odds and multiply by the amount wagered.

Ex. Boston Bruins (10/1) to win the NHL Stanley Cup Finals.

The Bruins are listed as a 10/1 betting choice to win the Stanley Cup Finals. If you bet $100 on Boston to win the Stanley Cup Finals and it captures the championship, then you would win $1,000 (10 ÷ 1 x 100).

You would collect $1,100, which includes your win and stake ($100). The stake is often referred to as the wager or monies placed on your future odds wager. Players reading American Odds would see Boston as +1000 in the above example while the Decimal version on the Bruins would be 11.00.

One of the best features about betting on the Stanley Cup is that you can do it year-round and more than half (16) of the 31 teams in the league will make the playoffs. Every NHL bettor knows that if you make the postseason, then you’ve got a shot to cash your Stanley Cup future odds ticket.