Stanley Cup Futures Odds

How to bet on the Stanley Cup at legal US sportsbooks

Stanley Cup futures bets are one of the most popular items on the NHL betting menu. They’re also a great introduction to hockey betting for those new to it.

The Stanley Cup odds market is active year-round, from the offseason straight through to the end of the Conference finals. At any point along the way, you can make your bet(s) on which team you think will hoist Lord Stanley’s cup.

Once any season’s Stanley Cup final is in the books, the market starts over again with odds for each team’s odds for next year set by sportsbooks right away. As the season plays out, the Stanley Cup odds board changes based on betting action and how the teams fare on the ice.

The NHL suspended its season in early March 2020 but will return on Aug. 1 with a new 24-team “Return to Play” playdown to crown this year’s Stanley Cup Champion. Here’s your complete guide to Stanley Cup odds for both this (extremely unique) year and beyond.

2020 Stanley Cup Odds

Here are the latest odds to win the Stanley Cup and odds to win each Conference as posted at legal online sportsbooks. Click on any odds to claim your bonus and register your account. Use the toggle menus to change your state or odds board.

Best Sportsbooks to Bet on the Stanley Cup

As legal and regulated US sports betting continues to expand across the country, options abound for bettors beyond just the Vegas odds. While choices are a good thing, it can be tough to figure out the best places to get in on the action. We’ve done the heavy lifting for you. Here are the top apps you can use to bet on Stanley Cup futures.

legal mobile betting apps1. DraftKings Sportsbook – $25 free, Up to $1,000 in bonuses

Use DraftKings Sportsbook online in: NJ, CO, PA, WV, IN, IA, TN, NH and IL  

From Daily Fantasy Sports titan to an industry leader in sports betting, DraftKings continues to crush it. Innovative offerings and a slick platform are among the top features you have to look forward to.

As for hockey lines and futures, you can currently bet on:

  • Stanley Cup winner
  • Conference champion
  • Current lines for playoff play-in series

Live (in-game) betting will be back on the table when play resumes in July.

Android sports betting apps2. FanDuel Sportsbook – Up to $1,000 risk-free bet

Use FanDuel Sportsbook online in: NJ, CO, PA, WV, NV, IL, IA, TN and IN

Another company that made its bones in DFS, FanDuel has quickly surged to the top of the charts in each market it has entered. A user-friendly interface and stellar customer service are just a few of the calling cards.

For hockey lines and futures you can currently bet on:

  • Stanley Cup winner
  • Conference champion
  • Current lines for playoff play-in series

Live (in-game) betting will also pick up when games are played again.

3. BetMGM Sports- $500 Bonus

BETMGM appBetMGM Sportsbook is legal in: NJ, CO, IN, TN, NV and WV

BetMGM, the sports betting arm of the instantly-recognizable MGM brand, is living up to its lofty expectations. You’ll find all of the basic bet types and markets you could ask for, all in an easy to use package that’s a breeze to navigate.

Hockey lines and futures currently posted on BetMGM are:

  • Stanley Cup winner
  • Conference champion
  • Current lines for playoff play-in series

In-game (Live) betting will resume once games resume.

To get started with each of these operators, just click through our exclusive links. You’ll get exclusive bonuses for doing so and can create an account quickly and painlessly.

Once you’ve clicked through you can download the sportsbook app to your device and log in. Betting on Stanley Cup futures via your phone or device is a snap and it affords you the flexibility to jump on appealing odds whenever they come up.

Futures odds for all teams aren’t necessarily uniform. You can shop around at each of our recommended sportsbooks for the best odds at any time.

Which States Can You Bet on the Stanley Cup In?

While several states are completely on board with legal online sports betting and have thriving markets as a result, others have more work to do to get to that point.

Here’s the current breakdown for where you can get in your Stanley Cup futures bets.

State Online / MobileRetail
New Jersey Sports BettingYesYes
Pennsylvania Sports BettingYesYes
Colorado Sports BettingYesYes
Indiana Sports BettingYesYes
Iowa Sports BettingYesYes
West Virginia Sports BettingYesYes
New Hampshire Sports BettingYesNo
Illinois Sports BettingYesYes
Tennessee Sports BettingYesNo

How Stanley Cup Futures Bets Work

Placing a bet on who will win the Stanley Cup is the easy part. Figuring out which team will be taking a victory lap around the ice with Lord Stanley when all is said and done is a bit trickier.

To place a bet, it’s just a matter of finding the best odds. Typically, you can click on the NHL or hockey tab at an online sportsbook and see all the current markets you can bet on. Within that tab, find and click on the “Futures” tab.

You can then go through the full Stanley Cup odds board and see how each of the teams stack up. The odds will generally be listed in descending order with the favorites at the top and longshots on the bottom.

nhl stanley cup oddsWhen you decide on your team, just click on the odds. Your choice will be added to the betting slip automatically. All you need to do then is add in your bet amount to see what your expected payout would be.

Verify that all looks good and then click submit. For a quick example, let’s consider the odds for a few of the favorites on the board.

  • Boston Bruins. +600
  • Tampa Bay Lightning  +650
  • Colorado Avalanche  +800
  • Vegas Golden Knights  +850

Let’s say you’re locked in on the Avalanche as the team that will seal the deal. You click on the +800 next to the team name to add it to the slip. Next, enter your wagering amount — let’s call it $100 — verify the bet is correct and click submit.

If you hit the nail on the head and Colorado wins the Stanley Cup, your initial bet will return a total of $900, which is the initial stake plus a profit of $800.

As you can see, futures betting is potentially quite lucrative. The key is to find the teams you’re most interested in at the most attractive odds. Remember odds are set based on the outlook for each team for the season at hand and are subject to change as things play out and the public gets its chance to weigh in.

You can take a long-term view and pull the trigger soon after the initial Stanley Cup odds are released, or monitor the board all season to hunt for opportunities. Either way works and you can certainly employ both strategies at the same time. There are a couple of important points to remember when you are betting on futures.

  • In the unlikely event that the entire season is canceled, then bets will be voided and refunded.
  • When a team is eliminated from contention, the odds will be removed from the board and all wagers on that squad will be graded as losers. Once the field for the NHL Playoffs is set, you’ll only see odds for the teams still in the hunt.

Stanley Cup Betting Trends

Trends aren’t everything when it comes to sports betting, but they can certainly be a friend. While the past is no guarantee of what’s to come, it can provide some solid clues that prove to be valuable as we work through the handicapping process. Here’s what we can glean from the last 10 years of the Stanley Cup final.

  • Western Conference has the edge 6-4 over the Eastern Conference.
  • Home teams are 5-5 in Stanley Cup final.
  • Two series went the full seven games.
  • Five teams that made the finals were division winners.

Conference and home-ice advantage didn’t mean all that much over the span, but one detail is quite striking: Just five of the squads that made it as far as the finals won their division during the regular season. To further analyze the trends, here’s what happened over the preceding decade.

  • No finals in 2005 due to lockout.
  • Eastern Conference has a 5-4 edge over the Western Conference.
  • Home teams are 8-1 in finals.
  • Five series went the full seven games.
  • 10 teams that made finals were division winners.

Home ice was more pronounced during this period, as was the number of division winners that went on to the finals. However, the full metric over 19 Stanley Cup Finals shows only 15 of 38 teams won their division during the regular season.

The best regular-season team isn’t necessarily the squad that will be celebrating with Lord Stanley’s cup. That’s a valuable piece of intel to keep in mind as you consider your futures bets.

Remember, you can bet on NHL futures throughout the year. When you have a gut feeling about a team when the odds are released initially, then place your bets. Want to wait until the season plays out a bit? Go for it.

You can also make your picks anywhere along the way up until the Stanley Cup Final opponents are determined.

Stanley Cup Favorites 2020

Which NHL squads have the best odds for winning the Stanley Cup? Let’s walk through some picks from each tier on the odds board: favorites, middling, and longshots.

How to bet on the stanley cupBoston Bruins (+650 at DraftKings)

The Bruins have consistently been among the league’s best, but they haven’t won it all since 2011. They’ve lost two other finals since and certainly have the talent to make another go at it.

Tampa Bay Lightning (+650 at DraftKings)

The Lightning are loaded on offense, but the club just hasn’t been able to get over the hump. The team has been tearing it up in regular-season play, so it may just be a matter of time until they put it all together.

Colorado Avalanche (+800 at DraftKings)

We have to go back to 2001 for the last time the Avalanche hoisted the Cup, but this is a team on the rise that appears to be gelling. They may be the team to beat out of the Western Conference as a result.

Vegas Golden Knights (+850 at DraftKings)

The Golden Knights made it to the Stanley Cup Final in their first year of existence, and the club hasn’t looked back. Vegas is a big force out West and another run at the Cup wouldn’t be surprising.

St. Louis Blues (+1000 at DraftKings)

The Blues entered the league in 1967. A regular playoff participant ever since, St. Louis finally won the ultimate prize in 2019. The team appears to be built for a successful run, so there certainly could be more Cups in the future.

2020 Stanley Cup Contenders

Next, let’s take a closer look at some of the most promising clubs from the group that’s a bit further down the futures market. These are squads that need a tweak here or there to be poised for a serious run.

Edmonton Oilers (+2300 at DraftKings)

Despite tons of talent and one of the best players in the league in Connor McDavid, the Oilers have had a tough time making the postseason, let alone a run at the Cup. However, it seems like just a matter of time before it all clicks.

Toronto Maple Leafs (+3000 at DraftKings)

The Leafs are in a similar spot to the Oilers: loads of talent, led by Auston Matthews and John Tavares, but little playoff success to show for it. That has to change before too long, doesn’t it?

2020 Stanley Cup Longshots

Last but not least, let’s consider the clubs at the bottom of the barrel that could catch lightning in a bottle if everything breaks just right. It’ll take some doing for it to happen, but our selections are a pair of proud franchises with lengthy Stanley Cup resumes.

New York Islanders (+4300 at DraftKings)

When the Islanders make it to the postseason, they’re a squad no one wants to play. Teams that fall into this category can sometimes put it together and go on memorable runs, so they are one to watch.

Chicago Blackhawks (+7500 at DraftKings)

The Blackhawks may be well removed from their glory days of being among the best in the league, but Patrick Kane and Jonathan Toews are still leading the way. If the right mix gets put in place, another Stanley Cup isn’t out of the question.

Montreal Canadiens (+7000 at DraftKings)

The Canadiens haven’t had a Cup win since 1993, and such a drought would once have been unthinkable for the proud franchise. A 25th Stanley Cup for the Canadiens has to happen eventually, right?

Stanley Cup Results Past 10 Years

Over the last decade, we’ve been treated to several thrilling Stanley Cup Finals matchups. There were several dominant teams in the early part of the decade, but things have evened out since. Here’s a look back at the results:

YearWinnerRunner-UpGames
2019St. Louis BluesBoston Bruins4-3
2018Washington CapitalsVegas Golden Knights4-1
2017Pittsburgh PenguinsNashville Predators4-2
2016Pittsburgh PenguinsSan Jose Sharks4-2
2015Chicago BlackhawksTampa Bay Lightning4-2
2014Los Angeles KingsNew York Rangers4-1
2013Chicago BlackhawksBoston Bruins4-2
2012Los Angeles KingsNew Jersey Devils4-2
2011Boston BruinsVancouver Canucks4-3
2010Chicago BlackhawksPhiladelphia Flyers4-2

More NHL Futures Odds

Betting on the winner of the Stanley Cup is the biggest highlight but there’s a whole lot more to see when it comes to NHL futures. There are several ways for you to pull out the proverbial crystal ball. Here are the most popular futures bet you’ll come across:

  • Conference and Division winners
  • Teams to make playoffs
  • Conference to win Stanley Cup
  • Regular-season win totals
  • NHL MVP Hart Trophy betting
  • Rookie of the Year
  • Coach of the Year
  • Other major individual awards
  • NHL Draft picks

The same betting rules for other futures apply for these markets. After the initial odds are set you can pounce on attractive opportunities and hold your tickets to the end. You can also keep an eye on the market all season looking while searching for value.

Stanley Cup Betting FAQ

Which team has won the most Stanley Cups?

The Montreal Canadiens are atop the all-time list with 24 Stanley Cups. The franchise also holds the record for most appearances in the finals at 34. The Toronto Maple Leafs are third with 13 Cups, followed by the Detroit Red Wings with 11. The Boston Bruins and Chicago Blackhawks are tied for fourth with six apiece.

How many teams have won back-to-back Stanley Cups?

The Stanley Cup traces its roots back to 1893 and has been awarded to the NHL champion since 1927. In the NHL era, 16 clubs have won in back-to-back seasons. The Pittsburgh Penguins were the most recent in 2016 and 2017. There have been five times in which a team has won three or more Cups in a row. The last time was when the New York Islanders went on a dominant run and won four straight from 1980 through 1983.

When is the best time to bet Stanley Cup futures?

There’s not necessarily one best time to bet on Stanley Cup futures. It depends on your overall futures strategy. For some, that means jumping on the odds soon after they come out and holding their tickets. Others take a more active approach and stay in tune with the market all season while scouting for opportunities. You can employ a best-of-both-worlds approach or make your move whenever you feel the time is right.

How is home ice for the Stanley Cup determined?

For the first two rounds of the NHL Playoffs, the home-ice advantage goes to the team that’s seeded higher in the postseason bracket. In subsequent rounds, including the Stanley Cup Final, the team with the better record during the regular season, regardless of seed, is awarded home-ice advantage.

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