NHL Stanley Cup Betting Guide for 2020
The Stanley Cup is the biggest date on the annual calendar for hockey fans in Canada and the United States.
The two winners of each NHL conference face off in a best-of-seven showdown to determine the winner of the sport’s greatest prize. Sportsbooks carry a range of markets to enable bettors to get closer to the action.
In this guide we’ll tell you all about:
- How betting on the Stanley Cup works
- What Stanley Cup fans like to bet on
- How to start live betting on the Stanley Cup
An Introduction to the Stanley Cup
The Stanley Cup is the annual championship decider in the NHL (National Hockey League). It was first presented in 1893 and is now the biggest club prize in the sport.
The NHL contains 31 teams, seven of which are based in Canada
The teams are split between two conferences, Western and Eastern, with two divisions in each
Each team plays 82 games in the regular season
A total of 16 teams qualify for the playoffs, eight from each conference
The top three from each division advance, along with two wild cards from each conference
There follows a series of best-of-seven elimination matches to decide the champion of each conference
Those champions then face each other in a best-of-seven series to find out who takes home the Stanley Cup itself
How NHL Stanley Cup Odds Work
You will find a wide variety of ways to bet on the Stanley Cup when you visit a hockey betting site.
To illustrate how odds work, let’s look at a simple market – who’s going to win the Cup? The odds, expressed as decimals, could read:
For every C$10 you stake on the Penguins, the favourite, you win C$17. If you put C$10 on the Red Wings, the underdog, you can win C$22.
Please bear in mind that odds can be displayed in other ways, such as fractional and moneyline (also called American) odds.
The good news is that most modern sportsbooks will give you a choice of how you want to see your odds. Check out our Odds Calculator to see how to switch between them.
NHL Stanley Cup Betting Options
To win the division
When you have a strong feeling that your team can top their division this year, you’ll be able to back your hunch well in advance.Eg:To win the Atlantic Division:
To win the conference
An even bolder option is to decide who you think will take their conference. Betting earlier in the season should ensure longer odds.Eg:To win the Eastern Conference:
To win the Stanley Cup
Even before the season has started, you’ll be able to wager on your fancy to lift the Cup several months away.Eg:Toronto Maple Leafs26.0
What is NHL Stanley Cup live betting?
- The time when betting stopped when the action started has long gone
- Virtually all sportsbooks now offer you the chance to bet during play, as odds fluctuate according to the play
- You will be able to bet on a variety of markets, including winner of the next period
- But you can still wager on the winner of the match
- Betting live on hockey, with odds changing as the goals fly in, is a great way to add extra involvement to watching sport
Brief Timeline of The Stanley Cup
Lord Stanley, the Governor General of Canada, donates a trophy that is won by Montreal Hockey Club1893
Professional teams are allowed to challenge for the Cup for the first time1906
Seattle Metropolitans are the first American team to lift the trophy
The NHL is founded, and nine years later it takes full control of the Stanley Cup1917
The Cup is cancelled after five games because of the flu epidemic1919
The number of teams in the NHL is reduced to half a dozen, known as the Original Six1943
Detroit Red Wings beat Montreal Canadiens in overtime of the seventh game of the final1954
Six teams are added to the league, doubling it in size1967
For the first time, no Canadian team qualifies for the post-season1970
Montreal Canadiens, inspired by Ken Dryden, beat Chicago Black Hawks 4-3 to triumph1971
Wayne Gretzky scores 11 goals in seven games as Edmonton Oilers beat Philadelphia Flyers1987
Montreal Canadiens beat LA Kings 4-1 to take their record 24th Stanley Cup1993
No Stanley Cup is awarded as the NHL season is cancelled because of a row over salary structure2005
Boston Bruins beat Vancouver Canucks in the seventh game of a fiercely-contested final2011
Recent Stanley Cup winners
Hockey fans in the United States and Canada look forward all year to the Stanley Cup. With its long and eventful history, it is one of the highlights of the sporting calendar.
For hockey bettors, it offers a large number of ways to speculate on the action. Now that most people in Canada own a smartphone, and with sportsbooks offering customer-friendly ways to bet, it’s never been easier to wager on the action.
For more details about betting on the hockey in Canada, check out our home page.
The annual championship of the NHL, featuring the best hockey teams in the United States and Canada. It is played between the winners of the Eastern and Western Conferences.
The most popular bet is the outright win wager. This is a straightforward way to bet – simply choose who you think will win the game in question.
Our online betting guide will give you all the advice you need to find a site that works for you. The criteria we think are most important include security, licensing, range of bets and bonuses.
Yes you can. Most sportsbooks offer apps that are compatible with all devices, so you can bet on the go wherever you are.
Hockey is a fast-moving sport – now the odds move with it. Even when the match is under way, most sportsbooks offer bettors the chance to wager on the action.
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