Stanley Cup Betting: Odds to Win the Stanley Cup & Top Sportsbooks

Looking to bet on the Stanley Cup but no sure where to start? Luckily for you, our experts at MansionBet have done all the work for you. We have ranked the top NHL sportsbooks based on our detailed evaluation process and years of experience.

1
Sports Interaction
Sports Interaction
5.0
125% Welcome Bonus up to $250
2
Betway Canada
Betway
5.0
100% Deposit Bonus Up to $200
3
Bet99
Bet99
5.0
First Bet Encore up to $1,000
4
Dolfwin
DolfWin
4.9
100% Welcome Sports Bonus 100% Up To C$150
5
Slotuna
Slotuna
4.9
100% UP TO $150
6
Lucky Koala
4.8
Welcome Sport Bonus 100% up to C$100
7
Dreambet
Dream.bet
4.8
100% UP TO C$300 WELCOME BONUS
8
TonyBet
4.6
100% Up To C$350
9
Betonic
4.5
100% up to C$150
10
GGBET
4.5
150% FOR THE FIRST DEPOSIT + $40 INSURANCE
11
Spreads.ca
Spreads.ca
4.5
100% Bonus Up To $250 Plus $20 Free Sports Bet
12
888sport
888Sport
4.4
100% Bonus Up to $300 +$10 Casino Bonus on Your First Deposit
13
Bodog
Bodog
4.4
$400 Welcome Bonus
14
PowBet
Powbet
4.3
First Deposit Bonus 100% Up To €100
15
PowerPlay
4.2
100% Bonus on First Deposit up to $500
16
Bwin Canada
Bwin
4.2
100% Matched Deposit Up to $200
17
Sportuna
Sportuna
4.2
100% Up To $150
18
Betsafe
Betsafe
4.1
100% UP TO €25 + €10 FREE BET
19
ComeOn Canada
ComeOn!
4.1
Bet $25 Get A $25 Free Bet
20
20Bet
20Bet
4.1
100% UP TO 150C$
21
Shangri La
4.1
100% sports Welcome Bonus +20 Free Spins
22
LeoVegas Canada
LeoVegas
4.1
$50 in Bonus Bets when you bet $25
23
GreatWin
GreatWin
4.1
100% UP To $750 + 200 FS
24
10Bet
4.0
Sports & Casino Bonus 100% up to C$1400
25
PointsBet
4.0
✓ Sport-specific bonus offers ✓ Second chance bets if your first doesn’t hit
26
Stake
4.0
200% Bonus up to $1,000
27
1Bet
1Bet
4.0
100% up to C$150
28
Betovo
Betovo
3.9
Deposit $100, Play with $200
29
Talismania
Talismania
3.9
100% UP TO $150
30
FezBet
Fezbet
3.8
100% Sports First Deposit Bonus Up to $150
31
22bet
22Bet
3.7
100% Bonus up to $300

Stanley Cup Odds 2024/24

When choosing between Stanley Cup betting sites, odds to win the Stanley Cup can be a huge factor. Odds will vary between sportsbooks, so shopping for the best Stanley Cup odds is a great strategy to maximize your potential payout. Here are this year’s odds to win the Stanley Cup as things currently stand.

Team
Colorado Avalanche+650N/AN/A
Toronto Maple Leafs+1500N/AN/A
Edmonton Oilers+750N/AN/A
Boston Bruins+1100N/AN/A
Vegas Golden Knights+1300N/AN/A
New Jersey Devils+15000N/AN/A
New York Rangers+900N/AN/A
Carolina Hurricanes+700N/AN/A
Tampa Bay Lightning+3000N/AN/A
Dallas Stars+950N/AN/A

Stanley Cup Playoff Format Explained

Stanley Cup betting

The NHL consist of 32 teams total separated into two conferences of 16 teams – the Eastern Conference and the Western Conference. Each conference is separated into two divisions – the Eastern Conference has the Atlantic and Metropolitan divisions – the Western conference has the Central and Pacific divisions.

After 82 regular season games, the top three teams from each division will advance to the playoffs. In addition, two wild card teams from each conference will advance, creating a total of eight best of seven series in round one. The second and third place teams in each division will square off, while the number one seeded teams will play the wild card teams.

In total, there are 15 best of seven series and a team must win four straight to hoist the Stanley Cup. For home ice advantage, the NHL operates by the 2-2-1-1-1 format. The higher seeded team in each series will host games 1,2,5 and 7.

It is important to note that overtime rules are completely revamped for the NHL playoffs. In the regular season, teams play 3-on-3 hocky for five minutes before the game is decided by a shootout. Both the shootout and the 3-on-3 aspect are removed for playoff Hockey. Teams play 20 minutes periods of 5-on-5 hockey until one finds the back of the net.

How to Bet on the Stanley Cup - Checklist

If you are new to sports betting or looking to bet on the Stanley Cup Playoffs for the first time, then you have come to the right place. Our experts at Mansion Bet have created a step-by-step process for you to follow to find a sportsbook and place your first wager.

  • Read our list of best Stanley Cup betting sites and choose the site that best suits you.
  • Checkout our page of the best sportsbook bonuses and see what signup bonuses your sportsbook offers.
  • Click on the link provided on our website and follow the instructions provided to create an account.
  • Make a deposit.
  • Check if your sportsbook is offering any wagering promotions worth taking advantage of. 
  • Place your first NHL wager!

Best Stanley Cup Betting Sites

Our experts here at MansionBet have taken the time to evaluate the best Stanley Cup betting sites. Let’s take a closer look at what we like and what can be improved on these sportsbooks. 

Sports Interaction

Sports Interaction

Sports Interaction is a Canadian betting staple that has been alongside the country’s top sportsbooks for years. Being from Canada, the options to bet on the Stanley Cup playoffs are excellent. 

👍 What we like:

  • Plenty of futures
  • Newly introduced mobile app 

👎 What can be improved:

  • Limited Payment methods 
  • Limited player prop market
125% Welcome Bonus up to $250

Betway

Betway Canada

One of the top sportsbooks in Canada and worldwide, Betway has solid bonuses but lacks in Stanley cup Futures odds. 

👍 What we like:

  • Bet Builder 
  • Outright futures for each NHL playoff series

👎 What can be improved:

  • Option to wager on the outright Stanley Cup winner 
  • Accessibility to customer support
  • More than just basic payment options 
100% Deposit Bonus Up to $200

TonyBet

Owned by the world-famous poker player Tony G, TonyBet thrives as a casino but lacks in the sports betting market. 

👍 What we like:

  • Plenty of futures 

👎 What can be improved:

  • Lack of prop bets 
  • No live streaming 
  • No phone support 
100% Up To C$350

Bwin

Bwin Canada

Bwin has been around for over 20 years and offers an excellent betting selection for the NHL playoffs.

👍 What we like:

  • Bet Builder 
  • Plenty of prop bets
  • Plenty of futures

👎 What can be improved:

  • Lack of bonus offers
100% Matched Deposit Up to $200

Bet99

Bet99

One of the newest and most promising sportsbooks to burst onto the scene, Bet99 has partnered with NHL superstar Austin Matthews, so it comes as no surprise that they have a solid selection for wagering on the Stanley Cup playoffs. 

👍 What we like:

  • Plenty of futures
  • Plenty of player props

👎 What can be improved:

  • No mobile app
First Bet Encore up to $1,000

888Sport

888sport

A prominent Canadian sportsbook for years, 888sport has excellent features but a lack of futures for the Stanley Cup playoffs.

👍 What we like:

  • Bet Builder 
  • Player props 
  • Plenty of bonuses and promotions 
  • Most recent and most popular bets for each market 

👎 What can be improved:

  • Slow payout speed 
  • Futures only available for current series
100% Bonus Up to $300 +$10 Casino Bonus on Your First Deposit

Bodog

Bodog

A well know and trusted Canadian brand, Bodog has an excellent Stanley Cup betting selection but offers less competitive odds for favourites. 

👍 What we like:

  • Prop builder/name your bet
  • Plenty of futures including awards and the NHL draft
  • Plenty of player props

👎 What can be improved:

  • High prices on favourites
  • Lack of promotions
$400 Welcome Bonus

Betsafe

Betsafe

Betsafe is a solid sportsbook with lots of exciting features and a great selection for the Stanley Cup playoffs. 

👍 What we like:

  • Single game parlays
  • Solid futures selection
  • Solid player props
  • Pre-build bets

👎 What can be improved:

  • No phone line
  • Quick welcome bonus expiry
100% UP TO €25 + €10 FREE BET

LeoVegas

LeoVegas Canada

A sportsbook that has grown into a top competitor in recent years, LeoVagas has a solid NHL playoff betting market, but is much easier to navigate on their mobile app. 

👍 What we like:

  • Bet Builder
  • Solid futures selection 
  • Solid player props 

👎 What can be improved:

  • No phone line 
  • Confusing website interface 
$50 in Bonus Bets when you bet $25

Live Betting on the Stanley Cup Playoffs

Live betting on the Stanley Cup playoffs is a great way to increase the excitement of the event either at the game or from the comfort of your own living room.

Since live betting odds change quickly and are updated based on events that occur during the game, the best way to take advantage of this is by downloading the sportsbooks app. Everything will update in real time and you can cash out of wagers on the go. 

Live betting can be a great way to take advantage of scoring that has altered the odds. If a team you believe will win goes down 1-0 early but this does not affect how confident you are in them winning the game, this is a great time to place a live wager and receive more favourable odds. 

Live odds are updated for almost everything including the moneyline, the puckline, totals, and player props. A common live bet you can place is the who will be the next goal scorer in the game.

Who Will Win the Stanley Cup in 2024?

Sports Interaction lists the Boston Bruins (+266), the Carolina Hurricanes (+834), and the Colorado Avalanche (+845) as the top three teams to win the 2023 Stanley Cup playoffs.

Betway lists the same three teams in order but at slightly different Stanley Cup odds with the Bruins at +250, the Hurricanes at +700, and the Avalanche at +850.

The Bruins are the clear favourite with a +568 gap on Sports Interaction and a +600 gap on Betway between them and the second most likely team to win. David Pasternak is widely viewed as the second most valuable player this season ranking second behind only Connor McDavid in NHL MVP odds.

Goaltender Linus Ullmark is the clear favourite to win the Vezina Trophy, while both Pasternak and Ullmark lead the Conn Smythe Trophy odds for the NHL playoff MVP. Not only did the Bruins have 13 more wins than any other team in the regular season, but veterans Brad Marchand, Patrice Bergeron, and David Krejci make the team a force to be reconned with in the postseason year in and year out. 

The Carolina Hurricanes come into the playoffs with the second highest odds to win the Stanley Cup. The second-best team in regular season standings has gotten excellent performances out of all three of their goalies, with Antti Raanta, Fredrik Anderson, and Pyotr Kochetkov all ranking in the top 12 in goals against average. They are led by young centerman Martin Necas and Sebastian Aho and anchored by veteran defenceman Brent Burns who was acquired this past offseason.

The 2021-2022 champion Colorado Avalanche come in with the third best NHL Stanley Cup odds. Both Nathan Mackinnon and Mikko Rantanan eclipsed the 100-point mark for the first time in each of their careers, while 23 year old Cal Makar is widely regarded as the top defenceman in the league. Goaltender Alexandar Georgiev has performed well in his first season with the Avalanche, ranking eighth league wide with a 0.919 save percentage.

Stanley Cup Betting Bonuses

For large sporting event such as the Stanley Cup, top sportsbooks like to offer special bonuses and promotions to encourage new bettors to place wagers on their website. This can include more lucrative welcome offers, odds boosts, and free bets. 

Stanley Cup betting bonuses can be difficult to find, and are sometimes only advertised to existing customers, so opening multiple accounts to be able view and take advantage of all these offers is a great strategy. On the other hand, welcome bonuses can only be obtained once per sportsbook, so make sure to only activate the best bonuses.

Here are some top promotions for this year’s Stanley Cup playoffs.

Sports Interaction
125% Welcome Bonus up to $250
Betway Canada
100% Deposit Bonus Up to $200
Bet99
First Bet Encore up to $1,000

Previous Stanley Cup Winners and Statistics

Statistics and trends and betting are everything when looking to give yourself a small edge in wagers that involve a great deal of luck. Let’s take a look and the past Stanley Cup winner over the past decade and dive deeper in some important statistics you need to keep in mind.

YearWinner
2022Colorado Avalanche 
2021Tampa Bay Lightning
2020Tampa Bay Lightning 
2019St. Louis Blues 
2018Washington Capitals
2017Pittsburgh Penguins
2016Pittsburgh Penguins 
2015Chicago Blackhawks
2014Los Angeles Kings
2013Chicago Blackhawks

Statistics to Keep in Mind 

  • A Canadian team has not won the Stanley Cup Finals since the Montreal Canadians back in 1993 (three of the seven teams are in the 2023 playoffs).
  • The Toronto Maple Leafs have the sixth highest odds to win the Stanley Cup, but hold the record for longest active Stanley Cup drought in the NHL at 56 years – having last won in 1967. 
  • The Toronto Maple Leafs have the longest playoff series win drought at 17 seasons
  • Other playoff series win drought from teams competing in the 2023 playoffs include the New Jersey Devils (10 seasons), the Los Angeles Kings (8 seasons), and the Minnesota Wild (7 seasons). 
  • Four teams in this year’s playoffs have yet to win the Stanley Cup (Florida Panthers, Minnesota Wild, Vegas Golden Nights, Winnipeg Jets). 
  • Eight different teams have won over the past 14 seasons.
  • Two teams have won consecutive championships since 2016 (Pittsburgh Penguins and Tampa Bay Lightning)

2024 Stanley Cup Information

For all the important information you need to know regarding playoff formatting, dates, and streaming, please refer to this section throughout the Stanley Cup playoffs.

First Round: April 17th – May 1st

Eastern Conference

Boston Bruins (1) vs Florida Panthers (WC2)

Toronto Maple Leafs (2) vs Tampa Bay Lightning (3)

Carolina Hurricanes (1) vs New York Islanders (WC1)

New Jersey Devils (2) vs New York Rangers (3)

Western Conference

Vegas Golden Nights (1) vs Winnipeg Jets (WC2)

Edmonton Oilers (2) vs Los Angeles Kings (3)

Colorado Avalanche (1) vs Seattle Kraken (WC1)

Dallas Stars (2) vs Minnesota Wild (3)

Second Round: TBD

Quarter final 1 – Winner of Bruins / Panthers vs. Winner of Leafs / Lightning

Quarter Final 2 – Winner of Hurricanes / Islanders vs. Winner of Devils / Rangers

Quarter Final 3 – Winner of Nights / Jets vs. Winner of Oilers /Kings

Quarter Final 4 – Winner of Avalanche / Kraken vs. Winner of Stars / Wild

Conference Championship: TBD

Semi Final 1 - Last two teams remaining in the Eastern Conference

Semi Final 2 - Last two teams remaining in the Western Conference

Stanley Cup Finals: June 8th – 18th 8:00 pm Eastern

Eastern Conference Champion vs Western Conference Champion

Where to watch:

🍁 Canada – Sportsnet, TSN, and CBC

🗽 USA - ABC, ESPN, ESPN 2, TNT and TBS

Stanley Cup Betting FAQs

When do the Stanley Cup Playoffs begin?

The Stanley Cup Playoffs begin on April 17th with the finals taking place from June 8th – 18th 

Where can I watch the Stanley Cup Playoffs?

In Canada you can watch on Sportsnet, TSN, and CBC. In the United States you can watch on ABC, ESPN, ESPN 2, TNT and TBS.

Who is the favourite to win the Stanley Cup in 2023?

The Boston Bruins are heavy favourites to win the Stanley Cup Finals.

Where can I bet on the Stanley Cup?

Checkout of list of the top Stanley Cup betting websites and go through the pros and cons before deciding where you should bet on the Stanley Cup finals.

What is the format for the NHL playoffs?

The postseason consists of a 16-team playoff of 15 total best of seven series. You are required to win four series to be crowned the Stanley Cup Champion.

Conclusion

The Stanley Cup is one of the top sporting events in Canada with numerous promotions available. The NHL has one of the longest postseasons of any sport, ranging over three sperate months, so you will have an extended period to take advantage of bonuses and odds boosts. 

All the sportsbooks we mentioned offer Stanley Cup live betting, which is a market that has exploded over the past few years and given Hockey fans more opportunities to wager than ever before. You can wager on almost everything imaginable including player props, future bets, and same game parlays. 

If you are looking to increase the excitement of the Stanley Cup playoffs, signing up for one of our top sportsbooks is a great place to start.