NHL Betting


Stanley Cup Odds Update 

With just a handful of games left this season, playoff hockey is almost here. We’ll see many of last year’s contenders hit the ice again, including the two-time defending champion Tampa Bay Lightning. But there are also some fresh faces to shake things up. The New York Rangers and Calgary Flames are back after missing out last year. The LA Kings have returned to prominence for the first time since the 2017-18 season and clinched their spot Wednesday with a win over Seattle. 

The top two teams in the league (which are also the top teams on the Stanley Cup odds board) are the Florida Panthers and Colorado Avalanche. The Panthers blasted through their previous season points record with a total of 120, while the Avalanche are currently tied with their previous record (118 points from 2000-01 season) and still have two more games on schedule before the postseason begins on May 2.

Stanley Cup Playoffs Odds

Most of the top-five teams on the Stanley Cup odds board have remained in place since we last checked in, with the exception of the Toronto Maple Leafs, who’ve snuck up to fourth.

Colorado Avalanche +350

Sporting the best record in the Western Conference, the Avalanche (56-18-6) have the offensive firepower to propel them through the postseason. Having a healthy Mikko Rantanen (36 goals, 55 assists) will certainly help; the right wing is expected to return from a four-game absence on Thursday and will alleviate pressure from star forward Nathan MacKinnon (32 goals, 56 assists).

Avalanche fans had a bit of a scare when Colorado suffered a four-game losing streak near the season’s end; it was the biggest skid of an otherwise impressive season and happened right after the team clinched the Central Division and top seed in the Western Conference. At press, Colorado’s first-round opponent would be the Wild Card team Nashville, but that could change to Dallas as teams play out their final two games.

Florida Panthers +500

The Florida Panthers (57-17-6) have exceeded the lofty expectations that were placed on them heading into the 2021-22 season. They’re on the cusp of winning the President’s Trophy for the first time in franchise history and they also had a record-breaking 13-game win streak that lasted from March 29 to April 23, setting them up for a momentous start to the postseason. 

The Panthers have the most productive offense in the league (4.14 goals per game average), fuelled by Jonathan Huberdeau (30 goals, 85 assists) and Aleksander Barkov (39 goals, 49 assists), who are both having career seasons this year. As the No. 1 seed in the East, they’ll be matched up with the Eastern Wild Card team that has the lower record; at press time, that’s Washington.

Calgary Flames +800

The Pacific Division winners, the Flames (50-20-10) have had a phenomenal season under head coach Darryl Sutter, who is enjoying his first full season with the team. Sutter has instilled a defensive responsibility in many of the top players, including Johnny Gaudreau, who also has the third-most points in the league at 113 and the best plus/minus rating at +63. Elias Lindhol has the second-best plus/minus in the league at +60, while Matthew Tkachuk has the third at +56. 

Between the pipes, Jacob Markstrom is having a career season. His impressive 2.21 goals-against average is third-best in the league. Calgary’s first-round matchup will be against either Nashville, who the Flames have against this season, or the Stars.

Toronto Maple Leafs +1000

Toronto is used to leaning heavily on Auston Matthews (60 goals, 46 assists) for their offensive production, but this season, Matthews has blown previous records out of the water. The 24-year-old centre reached 60 goals on the season when he scored two against Detroit on Tuesday. This level of achievement hasn’t been seen since Steven Stamkos’ glory season of 2011-2012.

Offense has been a strong suit for Toronto for a while now, and this year, their offense is third-best in the league. But as usual, their Achilles Heel is defense, which has been below average, with a 3.09 goals-against for the team. They’ve been working through a five-goalie rotation this season that includes AHL call-ups, and that has certainly dragged down the stats. Starter Jack Campbell returned from a month-long injury in early April and has the potential to give them the consistency they need in the postseason. He wasn’t in net a week ago when the Leafs lost 8-1 to the Lightning—the team that they will likely face in round 1.

Carolina Hurricanes +1200

The league’s top-defensive team, the Carolina Hurricanes (53-20-8) are the Metropolitan Division winners this season and another team that’s heating up at the right time. They’re currently on a five-game win streak with just one game remaining, against the toothless New Jersey Devils. Sebastian Aho has been leading the offensive charge for the ‘Canes, and he’s done exceptionally well this season, leaning on Andrei Svechnikov for support. 

This has been their first season with newly-acquired goaltender Frederik Andersen between the pipes, and he has performed well right off the bat, with a career-low goals-against average (2.17) and a .922 save percentage. Andersen, however, hasn’t suited up for the ‘Canes since April 16 when he was injured in a 7-1 beat-down by the Colorado Avalanche, but the coaching staff is confident that he’ll be ready for the playoffs. Antti Raanta has provided quality back up services during his absence.  

Although it can still change, Carolina’s first-round competition looks like it will come from the Boston Bruins (50-25-5), who are currently in the first Wild Card spot in the Eastern Conference. This bodes well for ‘Canes fans, as Carolina had no trouble beating Boston in their three regular season games by a total score of 16-1. Keep checking back at Bodog Sportsbook for series prices as we approach the start of the NHL postseason and enjoy the games.

 *Odds as of April 28th, 2022



How to Bet on the NHLnhl

There’s no faster game in the world of sports than professional hockey. Since 1917, the NHL has captivated its fans with a beautiful combination of dazzling offensive skill, rugged physical force and acrobatic goaltending that can’t be found anywhere else. In Canada, children dream of winning the Stanley Cup and immortalize their favourite players by donning their jerseys. From Gretzky to Lemieux to Crosby, the NHL has produced some of the greatest sports heroes of all time.

With this NHL betting guide, Bodog wants to bring fans closer than ever to the action, so you can take your love of hockey to the next level. Whether you want to bet on your favourite team, predict the Stanley Cup Champion or make the Hart Trophy race extra interesting, you can do that and more at Bodog Sportsbook. Read on for a list of all of the most popular betting options and we’ll explain exactly how to bet on the NHL.


NHL Puck Line Betting Explained

One of the most popular ways to bet on hockey is through NHL puck line betting. If you’re wondering what an NHL puck line bet is, don’t worry – you’re not alone. The puck line is a margin of victory that the dominant team must win by. Often a 1.5-goal spread, the puck line requires the stronger team (the favourite) to win by at least 2 goals, while allowing the underdog to lose by 1 goal and still cover the spread. Through the spread, the puck line evens out the playing field by making the underdog a more enticing pick. This makes it easier to balance the action.

Puck lines are expressed as a spread with odds in parenthesis. We’ll use an example from 1989 when the Calgary Flames were up against the Montreal Canadiens in the Finals:


CAL +1.5 (+150)
MTL –1.5 (–110)


Montreal, the home team, is the favourite in this scenario. The “–“ negative sign in front of the spread always denotes the favourite. In order for a bet on Montreal to win, they must cover the spread by beating the Flames by at least 2 goals. If they win by only 1 goal, the bet loses. As for Calgary, a 1.5-goal underdog, they can lose by 1 goal and still cover the spread. The half-point in the spread ensures that all puck line bets will win or lose. If the spread were 2 goals, and the Canadiens won by 2 goals, bets on Montreal would result in a push.

By looking at the odds in the parenthesis, you can tell how much money you’d win on either bet. Odds with a “–“ negative sign show how much you’d need to bet to make $100, whereas odds with a “+” positive sign show how much you’d win off a $100 bet. In our example, you’d win $150 off a $100 bet on Calgary. As for Montreal, you’d have to put down $110 to win $100. Oddsmakers are able to balance the action between both sides by shifting these odds.


NHL Moneyline Betting Explained

What are Moneyline Odds in NHL Betting?

For no spread, betting on the NHL moneyline is available. With these bets, you simply pick the team you think will win the game outright. It doesn’t matter how many goals the team wins by – a win is a win when it comes to the moneyline. These bets are popular when there’s an underdog that looks poised to pull off an upset, as the underdog payout on the NHL moneyline odds board is often higher than what you’d get on the puck line. Let’s use the same example as before to illustrate a moneyline bet.


CAL +170
MTL –135


Montreal is the favourite, as you can tell by the negative sign in front of their odds. They’re also the home team because they’re the second (bottom) team listed. With moneyline betting, you win less money when you bet on the favourite and more money when you bet on the underdog; this ensures the action is spread between both teams.

The payouts that you get from moneyline betting are indicated in the odds, just as they were with the puck line. In this case, you’d win $100 when betting $135 on Montreal; bets scale up and down if you bet more or less than $100. As for Calgary, they had never won a Cup before the big win in 1989, so they were the underdog going into the game. A bet of $100 would have yielded a $170 payout – as they did end up winning that game. Oddsmakers can shift the odds to make sure the action is spread evenly between both teams.


NHL Total Betting Explained

How does Betting on NHL Totals Work?

Instead of betting on the winner of a game, you can bet on how offensive or defensive a game will be. NHL game total betting involves guessing if the total number of goals scored between both teams will be Over or Under a number predicted by oddsmakers. Each bet (the Over and the Under) have their own odds attached. Let’s look at the same example:


CAL 5½ (–120)o
MTL 5½ (EVEN)u


In this example, oddsmakers think about 5 or 6 goals will be scored between both teams, so they set the NHL total at 5.5 goals. Once again, the half-number is used to avoid a push. Any time the actual game total matches the total predicted by oddsmakers, the result is graded as a push and all bets are returned.

If you think a lot of goals will be scored, you can bet Over, and if 6 or more goals are scored between both teams, you win. With –120 odds, the Over pays $100 on a $120 bet. If you think the game will be more defensive, betting the Under will get you even money (bet $100 and win $100) if 5 or fewer goals are scored.


NHL Futures Betting ExplainedFutures

What are NHL Futures?

In addition to betting on individual NHL games, you can bet on big events by betting on NHL futures. Essentially, any long-term bet is considered a futures bet. Stanley Cup winners, Conference winners, and Division winners can all be found in the futures section of the sportsbook. But keep in mind, you won’t get paid for your bet until the result is settled, which is typically at the end of the season; that’s the nature of futures betting.

Many futures bets are standard and offered every season. For example, at the start of every season, all NHL teams are given odds to win the Stanley Cup. For the 2017-18 season, these odds ranged from +800 to +20000. As the season progresses, the futures odds shift to reflect the probability of each team making it that far. As teams miss out on their opportunity to get into the playoffs, they’re scratched from the futures market.

In general, the further ahead you place your futures bet, the better value you get. There’s less information to go on early in the season, which increases the risk and reward in a proportional way. It’s hard to tell who’s going to win the following year’s Stanley Cup in the offseason, but if you have an idea, you’ll get a big payday if you guess right.


NHL Prop Betting Explained

What are Props in NHL Betting?

Short for proposition bets, NHL props are a fun way to bet on things other than the winner of a game or event. These side bets are a great way to add interest to the NHL season beyond trying to predict the top-performing teams. Once the oddsmaker comes up with a proposition, appropriate betting options, such as a “Yes” or “No,” a total, or a list of player names will be provided for the public to bet on. Here are some examples of the different ways to bet on props.


Understanding NHL Player Props

A prop on players’ statuses or accomplishments can be found under Player Props. An example of a player prop is whether or not Edmonton Oilers captain Connor McDavid will score in a given game. Another example, which would also fall under NHL Specials, might be: Will Erik Karlsson or Max Pacioretty be traded at the Trade Deadline? This prop would include “Yes” or “No” betting options – each with its own odds.


Understanding NHL Team Props

Anything involving the accomplishments or stats of a team is part of the team props. Examples of team props include regular season win totals and odds for each team making the playoffs.


Understanding NHL Game Props

When there’s a big game coming up, you may want to bet on more than just the winner of the matchup. That’s where game props come in, providing many more opportunities to get involved in the game. For example, you could wager on the team to score first in the game or whether or not the game will go into Overtime.


NHL Parlay Betting Explained

How do Parlays Work in NHL Betting?

There are big benefits to grouping bets together. Through NHL parlays, you can combine 2 to 12 lines into one mega bet. Lines that can be parlayed include totals, puck line and NHL line odds, and some props and futures. In order for the parlay to win, each bet within it must win. A single loss in a parlay results in a loss of the entire bet. To balance the increased risk, parlays offer much bigger payouts than single bets. Let’s use an example of an Ottawa Senators vs. Vancouver Canucks game to illustrate the difference in payout.


OTT +130         5½ (+105)o
VAN –150         5½ (–125)u


Let’s say we want to parlay Ottawa winning on the moneyline (+130) with the Under winning on the totals (–125). We’ll put $100 on each line individually for a total of $200 staked. If both bets pan out, we win $210 total. However, if we parlay them together and bet a total of $200, we win $628 if both bets come through. The more teams you have in your parlay, the bigger the payout – as well as the risk.

When using parlays, some of your lines will occasionally result in a push. When this happens, the line is removed from the parlay, which is then reduced in size. For example, if you have a four-team parlay and one bet pushes, your parlay becomes a three-team parlay by default. If you have only two bets in your parlay and one is a push, your parlay will turn into a single bet.


NHL Live Betting Explained

There’s nothing more thrilling than betting on the NHL while the game is happening live. The puck line, moneyline and total are all available for live betting on the NHL, and their odds keep shifting to reflect the direction of the game. You can also bet on things like which team will score next, and which period will have the most goals. If there’s an injury to a key player, the odds will shift to reflect it. These scenarios are often full of value for sports bettors who are good at predicting come-from-behind wins.

If you thought hockey couldn’t get more exciting than it already is, think again. NHL betting will add another layer of excitement to the frenzied pace of the game. Whether you like the big picture betting style of futures, or the detailed nature of props, Bodog Sportsbook’s got you covered for all things NHL.