How to Bet on the Stanley Cup - Everything You Need to Know for Stanley Cup Betting
How to bet on the Stanley Cup. Your complete guide to Stanley Cup betting: When, where and how to bet and win on the Stanley Cup.
There is no more intense postseason action than in the NHL, and that culminates with the Stanley Cup. Perhaps the most iconic trophy in all of sports has plenty of superstition surrounding it, which makes Stanley Cup betting that much more exciting.
With that in mind, we’ve put together a one-stop shop article for you to share how to bet on the Stanley Cup online, where to bet on the Stanley Cup and much more. No matter which team you're a fan of, you’ll want to check out everything that we have for you.
📍 Where is Stanley Cup Betting Legal?
Before we can share how to bet on the Stanley Cup, we first must know where to bet on the Stanley Cup. We have two separate lists for you. First, here are each of the states that currently have legal online sportsbooks:
- Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, West Virginia or Wyoming
There are also states that do not have online sports betting but do offer retail sports betting, which are:
- MS, MT, NE, NM, ND, SD, WA and WI
🏒 How to Bet on the Stanley Cup
Now that you know where to bet on the Stanley Cup in terms of legal states, it’s time to go through how to bet on the Stanley Cup online. Thankfully, it takes just a few simple steps:
- Join an online sportsbook that is legal in your location
- Navigate to the “Hockey” or “NHL” markets
- Locate the options for futures markets
- Choose the market for “Champion” or “Stanley Cup Winner”
- Click on the odds of the team you want to wager on
- Enter your wager amount and click “Place Bet”
Those steps provide a great foundation when it comes to how to bet on the Stanley Cup, but of course, there will be a bit of nuance depending on the sportsbook you are using. Speaking of which, let’s dive into where to bet on the Stanley Cup in terms of sportsbook options.
💻 Where to Bet on Stanley Cup Online
We shared where to bet on the Stanley Cup in terms of legal states, but what about specific sportsbooks? We’ve got the best spots for Stanley Cup betting below with some of their best features and generous welcome offers.
Stanley Cup at DraftKings
DraftKings Sportsbook lives up to their name, as they truly are considered the kings of sports betting. They are partnered with many of the top sports leagues, and in our opinion, provide the best all-around product.
With that comes a generous welcome offer of a $1,000 No Sweat First Bet, and that’s just to get you started. New members will also receive a daily Same Game Parlay token and all that comes after joining DraftKings ASAP ⏳ and placing a first bet of at least $1 on anything.
Stanley Cup at FanDuel
There are plenty of sports fans out there who would argue FanDuel Sportsbook is the overall best, and it’s safe to say that their innovation is unmatched. They are the creators of the Same Game Parlay and are the first to have mobile games with real-cash prizes when competing against other members.
New users can also claim $150 in bonus bets with a successful $5+ first bet on anything. ➡️ CLICK HERE ⬅️ to join FanDuel today.
Stanley Cup at Caesars
Caesars Sportsbook sets itself apart from the pack with its world-class loyalty rewards program, where members can earn points for great experiences at their in-person resorts.
To get new members started, they are providing insurance on your first bet worth up to $1,000 if you join Caesars NOW ⏰ using the Caesars promo code FNEG1000. That means if it loses, you will be fully refunded with a bonus bet of equal value.
Stanley Cup at BetMGM
Another one of the best sportsbooks for Stanley Cup betting is BetMGM Sportsbook, which also has a great rewards program. Their betting options are virtually endless, and to get new customers started, they are boosting your bankroll guaranteed.
Simply become a new member 👥 using the BetMGM promo code FANNATION, wager $5+ on anything, and win or lose, receive $150 in bonus bets.
Stanley Cup at Bet365
Last on our list of where to bet on the Stanley Cup is Bet365 Sportsbook, which has arguably the best user interface on this list. They also provide the most unique sign-up opportunity, as new users can pick their own welcome offer. Users located in NJ can use the Bet365 promo code FANNATION, while the Bet365 promo code FNPROMO can be utilized by new members located in AZ, IA, IN, KY, LA and OH can
You can claim a ‘Bet $5, get $150’ offer just like the one from BetMGM or up to $1,000 in first-bet insurance, which works just like the offer provided by Caesars. All you have to do is join Bet365 today ☀️ to get started.
💸 How Stanley Cup Betting Works
When you’re ready to lock in your best bets for the Stanley Cup, you’ll want to know exactly how that works. Thankfully, it’s very straightforward. We’re simply predicting a champion of the entire season. In other words, as long as the team you bet on hoists Lord Stanley in June, your wager is a winner!
🎯 Popular Stanley Cup Betting Types
Speaking of best bets for the Stanley Cup, there are still a handful of different bet types you can take advantage of within the series itself. We’ve shared a few of those approaches below.
🏒 Stanley Cup Parlays
Stanley Cup betting generally focuses on predicting a champion, but once the series is set, you can also parlay picks together. This will generally be something along the lines of predicting a winner and in how many games.
🏒 Stanley Cup Same Game Parlay
Along with Stanley Cup betting parlays for the series as a whole, you can also piece together picks for each individual matchup. A popular approach for this bet type generally consists of something like a team to win, the over or under and a player prop.
🏒 Stanley Cup Futures
This is the primary Stanley Cup betting type we began with, as it is simply predicting the outright winner prior to the series being set. This can be wagered on as early as the summer before the season or as the postseason gets underway and progresses.
🔮 Stanley Cup Odds & Betting Lines Explained
Again, when it comes to how to bet on the Stanley Cup, you’ll generally be predicting a straight-up winner. However, the individual games within the series provide all kinds of Stanley Cup betting types.
The most basic will be the money line, where you’ll be selecting an outright winner for that specific game. Similarly, you can wager on the puck line. That is almost always set at 1.5 goals, which means the favorite would have to win by two or more goals, while the underdog would have to lose by just one goal or win outright.
Another basic Stanley Cup betting market is the over/under, which works just like it sounds. You’ll be predicting whether the game will end with more or less than a set number of goals, which is often between five and seven goals. On top of all that, each of the Stanley Cup markets can be taken advantage of within each period.
🧐 How to Read Stanley Cup Odds & Betting Lines
We briefly touched on this above, but we can specify things a bit further for you. For a money line bet, you’ll simply see a numerical value with a plus sign (+) or minus (-) in front. A -150 value designates the favorite, while a +150 price would be an underdog.
A bit more involved is the puck line. You will see the spread itself first followed by an odds value. For example, you would see Team A -1.5 (+100) vs. Team B +1.5 (-120). The 1.5 value is the number of goals, while the values in parentheses are the odds. The same will be the case for an over/under. An example of that case would be over 6.5 (-110) and under 6.5 (-110).
👌 Why Bet on the Stanley Cup?
Now that you know all about how to bet on the Stanley Cup online, why even bother making best bets on the Stanley Cup? Well, to put it bluntly, it truly is the most coveted championship series in sports. Even the most casual hockey fans suddenly become diehard supporters when the Stanley Cup playoffs begin, and it’s a great thing to see. It’s the perfect mix between the one-game thrill of a Super Bowl and the full series of a World Series.
📈 Stanley Cup Betting Trends
There are all types of trends and statistics to consider when it comes to Stanley Cup betting, but two of the most important in our opinion are shared below:
- A Wild Card team has never won the Stanley Cup (they have made it, such as the 2023 Florida Panthers, but have never won it)
- Since 1985-86, just eight Stanley Cups have been won by the team that also won the Presidents’ Trophy (best regular season record)
🤔 Stanley Cup Betting Strategies
Basic
If you consider yourself a casual fan, simply have fun with it! Stanley Cup betting is a thrill no matter what, and if your favorite team is in the mix, go for it! Of course, don’t tune out anytime you hear the NHL being discussed on television or in your social media feed.
Intermediate
Taking it a bit further than simply not ignoring information is actively seeking it. If you prefer to wait until the postseason is set, you can research how certain teams match up, or simply take a look at the teams that have the best offensive and defensive stats.
Advanced
To continue taking advantage of Stanley Cup betting, start considering the unique aspects of hockey. That would be things like special teams - power play units, penalty kill percentages and how teams have performed when playing several games within just a handful of nights. Most importantly, an advanced strategy ensures you are always getting the best odds for any betting market you’re looking to wager on.
❌ Things to Avoid When Betting on Stanley Cup
Unless you want to keep things basic and just have fun wagering on your favorite team, there are things to make sure you avoid when Stanley Cup betting:
- Betting with your heart rather than your brain
- Not shopping around for the best odds
- Not setting a limit/bankroll management
- Chasing your losses
📱 Betting on Stanley Cup Games With Mobile Apps
Each of the sportsbooks we shared above in terms of where to bet on the Stanley Cup has mobile apps, which just adds another layer as to why they’re the best available options. Futures markets like Stanley Cup betting are provided on mobile apps, so those sportsbooks answer the question of how to bet on the Stanley Cup online and on-the-go.
❓ FAQs
❓ What is the Over/Under in Stanley Cup Betting?
The over/under in Stanley Cup betting will depend on the exact market. For an individual game, it will be how many goals are scored in that game. For the series as a whole, it will be how many games will be played in the seven-game series.
❓ Can I Bet on Individual Player Performances for the Stanley Cup?
Yes, of course! Player props are a very popular method of Stanley Cup betting and are often put into Same Game Parlays
❓ How Much Money is Bet on Stanley Cup?
This value is not as readily available as markets like the Super Bowl, but you can rest assured that it is in the multiples of millions.
❓ Can Stanley Cup Betting be Profitable?
Yes, but it can definitely never be considered a guarantee. If you put in the time, effort and research, it can be profitable.
❓ How to Bet on Stanley Cup and Win
As mentioned above, there is no way for Stanley Cup betting to be a guaranteed win. Take the time to listen to intelligent analysts and pair that with your own research for the best chances of winning.
Enjoyed this article? Further enhance your betting experience with our guides, handpicked for you:
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