NHL Stanley Cup Odds 2021 – Promotions, Predictions, And Favorites To Win

Betting on the 2022 Stanley Cup is well underway at online sportsbooks in the US. This is especially true as states like Arizona, Connecticut, Maryland, and Louisiana launch online sports betting in Fall 2021, with New York launching apps this winter. And the more people who bet on the 2021-22 NHL Season, the better the odds and promotions at the online sportsbooks.

At the start of the season, the top five favorites to win the 2022 Stanley Cup include:

  • Colorado Avalanche
  • Tampa Bay Lightning
  • Vegas Golden Knights
  • Toronto Maple Leafs
  • Boston Bruins

But the most exciting part about betting the futures market on the Stanley Cup is the constant fluctuation of odds throughout the off-season, preseason, and regular season. A team that could be a distant long-shot could become the dark horse contender that wins it all.

Starting October 12, 2021, the NHL returns to its regular 82-game season that culminates in the 2022 NHL Playoffs and the 2022 Stanley Cup. And if you like to bet on the champions in advance to maximize your win potential, the Stanley Cup odds table below stays updated so you always get the best profit margins at some of the top sports betting apps.

Current Odds To Win The Stanley Cup – Whose Odds Are Increasing?

The 2022 Stanley Cup odds below show the current odds at the top three sportsbooks in the US and how those odds have been trending in recent weeks. This makes it easy to find the best payout at the most accessible online sports betting apps in the US.

 
+600 +700 +700 +438 27.68% 14.58% 14.58% 13.99%
+700 +850 +700 +531 22.77% 10.93% 10.93% 10.93%
+550 +600 +475 +506 16.77% 1.08% 1.08% 1.32%
+5000 +4000 +5000 +3553 9.66% 7.54% 7.54% 7.54%
+1200 +1200 +900 +1038 8.98% 0.52% 0.52% 0.82%
+1700 +2000 +1700 +1450 8.97% 3.94% 3.94% 4.04%
+1400 +1200 +1200 +1225 7.60% 0.25% 0.25% 0.25%
+2000 +2000 +2500 +2175 4.43% -0.03% -0.03% -0.19%
+2200 +2000 +1800 +2325 4.33% -0.46% -0.46% -0.46%
+2500 +2200 +2500 +2250 4.33% 0.31% 0.31% 0.15%
+2200 +2000 +2500 +2500 3.98% -0.34% -0.34% -0.34%
+2900 +2200 +2000 +3025 3.60% -0.55% -0.55% -0.41%
+2400 +2500 +2200 +3275 3.46% -0.61% -0.61% -0.44%
+3000 +3000 3.23% 0.00% 0.00% -0.62%
+2300 +2500 +3825 3.14% -0.87% -0.87% -0.87%
+2800 +3500 +3500 +3700 2.74% -0.40% -0.40% -0.40%
+2900 +3000 +4000 +52475 2.26% -0.74% -0.74% -1.00%
+5000 +4000 +4500 2.20% 0.00% 0.00% 0.13%
+4100 +4000 +4500 +5650 2.00% -0.33% -0.33% -0.33%
+4100 +3500 +5000 +8150 1.91% -0.46% -0.46% -0.62%
+4100 +4000 +4500 +78150 1.76% -0.57% -0.57% -0.57%
+4800 +4000 +4500 +78325 1.67% -0.55% -0.55% -0.48%
+4800 +5000 +5000 +13700 1.55% -0.44% -0.44% -0.44%
+8500 +6600 +10000 +7525 1.40% 0.19% 0.19% 0.19%
+7000 +5000 +6000 +54500 1.27% -0.40% -0.40% -0.40%
+10000 +15000 +20000 +12250 1.15% 0.43% 0.43% 0.43%
+8500 +6600 +10000 +56275 0.92% -0.29% -0.29% -0.40%
+8500 +8000 +10000 +81625 0.85% -0.28% -0.28% -0.28%
+15000 +10000 +20000 +16250 0.66% -0.06% -0.06% -0.06%
+10000 +15000 +20000 +21250 0.60% -0.12% -0.12% -0.12%
+10000 +15000 +15000 +60000 0.59% -0.18% -0.18% -0.18%
+10000 +15000 +20000 +61250 0.55% -0.17% -0.17% -0.17%
+15000 +20000 +20000 +63750 0.43% -0.12% -0.12% -0.12%

Odds are updated automatically once daily.

Stanley Cup Betting Promotions At US Sportsbooks

BetMGM Sportsbook Overtime Insurance

Opt-in for the overtime insurance at BetMGM to receive up to $20 free bets if your team loses in overtime. Terms and conditions apply.

Golden Nugget Sportsbook Golden Lines & No Vig

Golden Nugget has “golden lines,” or odds boosters, on certain two-leg Stanley Cup Playoff parlays. For example, Steven Stamkos to score and Tampa Bay to win with odds +325.

Golden Nugget also has some “Notorious V.I.G.” promotions for the NHL Playoffs, like +110 and -110 on moneyline games (rather than -110 and -110).

DraftKings Sportsbook Odds Boosts

DraftKings Sportsbook is offering a decent variety of odds boosts for the Stanley Cup Playoffs. For example, DraftKings offered a boost to the over/under on the June 1, 2021, Lightning versus Hurricanes game (-110 boosted to +120). 

BetRivers Sportsbook Pre-Packs

BetRivers Sportsbook recently launched “pre-packs,” which are special two-leg parlays on Stanley Cup Playoff games. For example, one prepack offer at BetRivers was the moneyline Carolina Hurricanes and total goals over 3.5 at +123 odds.

FanDuel Sportsbook Futures Bonus

FanDuel Sportsbook often runs a promotion leading up to the NHL Playoffs where you can bet on your state’s NHL team (such as the Avalanche in Colorado) to win the Stanley Cup. Each time that team wins in the meantime, you receive $3 in bonus credits.

Rundown On The Odds For The 2022 Stanley Cup

Avalanche Is The Safest Bet

The Colorado Avalanche opened the 2021-22 NHL Season with the best chances of winning the 2022 Stanley Cup. While the team was eliminated in the second round of the 2021 playoffs by the Las Vegas Golden Knights, the Avalanche look poised for a strong run at the Cup.

Not only do they have Nathan MacKinnon, the second highest ranked player by the NHL Network, they got extremely exciting young defensemen Sameul Girard, Cale Makar, and Bo Byram. That’s not to mention Mikko Rantanen, Gabriel Landeskog, Nazem Kadri, and more.

The return to the Central Division and the full schedule shouldn’t hurt this team in the least. If anything, it gives them more time to showcase their dominance.

It’s a safe bet that the Avalanche will blast into the Playoffs handily. But will they win the 2022 Stanley Cup? The odds are in their favor.

Will Lightning Strike Three Times?

As winners of the 2020 and 2021 Stanley Cups, the Tampa Bay Lightning is the team to beat. If they become the 2022 Stanley Cup Champions, they’ll join just three other NHL teams to do it: the Toronto Maple Leafs (1947–1949; 1962–1964), the Montreal Canadiens (1956–1960; 1976–1979), and the New York Islanders (1980–1983).

In fact, both times the Canadiens did it, they won five in a row and four in a row, respectively. And the New York Islanders got four in a row in the early 1980s. So if the Lightning does strike three times, history shows that they’re likely to strike a fourth time – and maybe even a fifth.

The Stanley Cup hangover is a thing. And lightning isn’t supposed to strike twice. But the Lightning is bucking all superstitions and historical precedents to make it a three-peat for the first time in almost 40 years.

Sure, they’ve lost some fan favorite talent to trades, but they still have their star goalie Andrei Vasilevskiy and defensemen Ryan McDonagh, Erik Cernak, Mikhail Sergachev, Victor Hedman in the back. Plus, they got goalscorers in Nikita Kucherov, Anthony Cirelli, Steven Stamkos, and Brayden Point.

It’s a good time to be a Tampa Bay fan. And if you think they’ll win it all, now is a good time to place a conservative bet. If they start dominating early, the odds will shift in their favor, which means lower profit margins for bettors.

Las Vegas Golden Knights On The Path To Redemption

The Las Vegas Golden Knights are expected to continue their expansion franchise success going into the 2021-22 NHL Season. This is a relatively new team garnering a massive fanbase of both local fanatics as well as hockey fans across the nation who enjoy the regular Vegas visit.

It’s not even about patience when it comes to the Golden Knights. The team played their first game in 2017, and they’ve made it to the Stanley Cup playoffs every single year since. The same will almost certainly happen this year – except that they’re likely to lift the Cup too.

Basically, a Golden Knights Stanley Cup victory just seems inevitable at this point. But they have some serious areas of improvement if they want to do it this time. Arguably the biggest one is their ability to convert on a power play, making it happen only 4 out of 43 times last season.

Key players to make that happen include Evgenii Dadonov for the goals and Alex Pietrangelo for the assists. And William Karlsson and Chandler Stephenson have to continue their fantastic performances – while getting the help they need from their backups while they’re taking a rest.

It all remains to be seen. But what’s for certain is that Vegas remains a team to watch, and they’ll continue to be for years to come.

Where Can I Bet On The Stanley Cup Online?

Every legal online sportsbook in the United States will take bets on the Stanley Cup. You can legally bet on sports online in the following areas:

In Mississippi, you can be on your mobile device from inside some state casinos, but you can’t once you leave casino grounds.

If you do happen to live in one of the states where sports betting is legal, the next step is looking for the ones that are right for you.

Your best bet right now is to look for the sites offering the best odds on Stanley Cup futures, pre-game odds, and special NHL promotions. If you do take advantage of a promo, make sure to read all the terms and conditions.

How To Place Online Stanley Cup Bets

Here’s a step-by-step guide on placing an online bet on the Stanley Cup playoffs.

1. Find The Right Sports Betting Site Or App

Your state will have a limited number of legal online sportsbooks. Browse the different options to see which have the best Stanley Cup betting odds, explore the reviews, and consider the bonus offers.

2. Register At The Site

Once you’ve chosen a sports betting site or app, create an account. In most cases, you’ll need to verify your identity. You may have a free bet offer just for signing up, but you’ll probably need to deposit before you can withdraw any winnings.

3. Make A Deposit

To place a real-money bet at an online sportsbook, you need to fund your account. You can use a variety of methods, including PayPal, debit card, and online bank transfer. Credit card deposits are not recommended because they usually count as a cash advance charge.

Which one should you choose? These Are The Best Online Casino Deposit Methods.

4. Place Your Bets

Make a selection, choose the amount you want to wager, then submit the bet. It will then be added to your bet slip, where you can track all bets you place.

5. Withdraw Your Winnings

If you have winnings at the end of the Stanley Cup, you can withdraw it by requesting a direct deposit, PayPal transfer, and a few other methods.

Where Can I Bet On The Stanley Cup In Vegas?

You can check Vegas odds for the Stanley Cup at any Nevada sportsbook. Generally speaking, the larger the facility, the more bets they’ll offer. But the odds and points spreads are pretty consistent across the board.

The most renowned place for sports betting in Vegas is the Westgate Las Vegas Superbook, which is the largest sportsbook in Nevada. For what it’s worth, it’s also a great place to watch the games because it almost always has a decent crowd of spectators.

See our guide to Online Gambling In Nevada for more information. 

How Stanley Cup Betting Odds Are Calculated

If you’re betting on the Stanley Cup in the US, the odds are likely listed as American Odds (rather than fraction or decimal). However, online sportsbooks will let you change how the odds are presented. You can also use online odds calculators to determine how much you stand to win.

With American Odds, the number with the minus sign (-) represents how much money you need to be to win $100. The plus sign (+) represents how much you’ll win if you bet $100. 

The $100 marker is just to showcase the odds. Bettors can place wagers of practically any size, from $1 bets to $10,000 bets or more.

At an online sportsbook, you can simply type in the wager you want to place to see what the payout will be. This can be done before you add the bet to your betslip. You can also type in the amount you want to win, and the online sportsbook will auto fill the size of the wager. Once you get a hang of how American Odds work, it will become second nature.

Generally speaking, the underdog team will have the plus and the favorite will have the minus. As is the case with all forms of gambling, the lower the likelihood of winning, the higher the potential payout. And the higher the chances of winning, the lower the prize.

For example, let’s say you joined BetMGM Sportsbook and wanted to bet on the Vegas Golden Knights vs. Colorado Avalanche. The pregame moneyline odds might look something like this:

  • Knights (+150)
  • Avalanche (-185)

If you were to bet $100 on the Knights and they won, you’d win $150. If you bet $100 on the Avalanche and they won, you’d win $54.05.

How sports analysts determine the odds are based on a number of factors. Individual player performance, overall team performance, injuries, trades, and a bevy of other variables come into play. 

How many people bet on the different outcomes also affect the odds, which will regularly change as faceoff grows closer.

See our Complete Guide To Sports Betting Odds

Off-Season Betting Odds For The Stanley Cup Breakdown

At the start of the 2021 NHL Preseason, the average odds on the top five teams between FanDuel, DraftKings, and BetMGM were as follows:

  • Colorado Avalanche (+542)
  • Tampa Bay Lightning (+667)
  • Vegas Golden Knights (+750)
  • Toronto Maple Leafs (+1100)
  • Boston Bruins (+1267)

The average odds across the most popular sportsbooks are expected to shift dramatically throughout the regular season and into the 2022 Stanley Cup playoffs. The most active futures bettors place multiple bets throughout that time to maximize profit potential and minimize potential losses. It’s a long-term betting strategy, but it can pay off with a lot of analysis and even more luck.

NHL Stanley Cup Odds And Betting

Because of the popularity of betting on the NHL, you have a wide range of Stanley Cup bets from which to choose.

NHL Moneyline Bets

An NHL moneyline bet is picking which team you think will win. The final score does not matter. The game ending in a shootout doesn’t matter either; however, there are no shootouts in the Stanley Cup playoffs.

Points Spread Bets In The NHL

Betting the spread means you’re also betting on how much a team will win or lose by. 

If you choose the favorite, they need to win by that many goals. If you choose the underdog, they either need to win or lose within that many goals. Point spreads are how you go for the biggest wins when you want to bet on the favorite.

NHL bets also have puck line and regulation time bets, which have a standard points spread of +/- 1.5 and +/- 0.5 respectively. The regulation time bet also pays out if the underdog takes the favorite into overtime.

Over/Under And The Grand Salami

An over/under bet is guessing if the total number of goals scored by both teams combined is over or under the bookmaker’s number. 

The Grand Salami is a bet unique to ice hockey where you can bet the over/under on all goals scored by all teams that play that day.

Game Lines Vs. Series Lines

During the Stanley Cup, you can bet on individual games as well as the series as a whole.

Can You Parlay Stanley Cup Bets?

Yes. Most sportsbooks will let you parlay Stanley Cup games.

To parlay means to guess the results of multiple games to increase your win potential, and you’re only paid if all guesses are correct. 

What Is An NHL Futures Bet

An NHL futures bet is guessing who will win at the end of a tournament. In this case, the Stanley Cup playoffs.

You can bet NHL futures right now at all sportsbooks. To win, your selected team just needs to win the conference or the Stanley Cup finals depending on which you choose.

You can usually place a futures bet months in advance of the Stanley Cup. However, a sportsbook may choose to wait until the teams that made it to the playoffs are determined.

You can also place futures bets after the tournament has started. But futures odds are subject to change at any time based on a variety of variables, the most significant being game results.

What Is A Stanley Cup Prop Bet

In all sports, a prop bet is where you place a wager on a specific outcome. For the Stanley Cup, prop bets are usually separated into two categories: player props and exotics.

Player props are where you bet on a specific player’s performance. You can bet on who will win the Conn Smythe Trophy, which is closer to a futures bet than a traditional prop bet. Usually, player props are game-to-game and involve specific players taking a certain number of shots, scoring goals, saves, minutes in the box, and so on.

Exotic bets are usually in-game events. Examples include number of faceoffs, offsides, and total points in a specific period.

NHL Prop Bets

Season-long prop bets are offered by some sportsbooks, both online and in-person. 

Examples of season-long NHL props normally revolve around individual trophies and awards. The most common examples are top goalscorer, top goaltender, most outstanding rookie, best defenseman, and the Hart Trophy, which is the regular season MVP.

NHL Odds For The Stanley Cup FAQ

Is it legal to bet on the Stanley Cup in the US?

It is legal to bet on the 2021 Stanley Cup online in at least 14 states and Washington, D.C., at legally-licensed online sportsbooks. Many other states accept retail-only sports betting on the 2021 Stanley Cup, such as New York, New Mexico, and Mississippi.

Learn more in our comprehensive Guide To Online Sports Betting In The US.

How old do I need to be to bet on the Stanley Cup?

The legal gambling age in the United States ranges from 18 to 21. For online sportsbooks, the age is usually 21. This includes Stanley Cup bets.

However, in most states in the country, people 18 and older can play Daily Fantasy Sports (DFS) online and win real money. The major outlets like FanDuel and DraftKings are sure to have Stanley Cup DFS.

Where can I bet on the Stanley Cup?

You can bet on the Stanley Cup by visiting a physical sportsbook or by betting online if that’s an option in your state. The five best legal online sportsbooks in the US include:

Is it safe to place a Stanley Cup bet online?

As long as you place a bet with a legal sports betting site, it’s safe to bet on the Stanley Cup online. By safe, we mean that they keep personal information private, finances secure, and pay you your winnings.

If you do not live in a state where online sports betting is legal, then all sites who accept your bets are illegal, offshore sites. Proceed at your own risk.

Do online sportsbooks offer in-game, live betting during the Stanley Cup?

Yes. All online sportsbooks offer Stanley Cup in-game bets (AKA live betting).

In-game bets are when you can place wagers on a game after it begins. This is a very popular practice, especially for an event as high-profile as the Stanley Cup.

The only reason an online sportsbook wouldn’t offer in-game bets for the Stanley Cup is if it’s against state law. 

Who is the current favorite to win the Stanley Cup in 2020?

The Colorado Avalanche is the favorite to win the 2022 Stanley Cup. This is consistent across all major US sportsbooks. But closely behind the Avalanche to win it all include the Tampa Bay Lightning and the Vegas Golden Knights, both of which have a high likelihood of winning.

Will there be a Stanley Cup in 2022?

Yes, the 2021-22 NHL season is back to its regular 82 games and the standard Stanley Cup playoffs format. The 2022 Stanley Cup will be played in early April 2022.

About the Author

Mike Epifani

Mike Epifani (shown here at Caesar's Palace Las Vegas) is a highly experienced online gambling writer who specializes in online casinos and sports betting sites. From the nuances of bonus offers to winning strategies and beyond, his insights have helped countless remote bettors keep more of their money while having fun and staying safe.