Stanley Cup Betting Odds

Lightning Strikes Twice

The 2020/21 NHL season ended on the 7th July with Tampa Bay Lightning winning the Stanley Cup for the second year in a row with a 4-1 series win over the Montreal Canadiens.

The new NHL season will begin on October 12, 2021 (pending approval of cross-border travel)  with the Stanley Cup finals ending on June 2022. Here we look at next season’s Stanley Cup odds and the changes to the new NHL format that have had to be implemented and provide a NHL betting guide.

View: Live NHL Game Line Odds

Winner

NHL 2021/22 Stanley Cup: Winner
NHL 2021/22 Stanley Cup: Winner
10/10/21 @ 12:00
Team Win
Colorado Avalanche +450
Tampa Bay Lightning +550
Toronto Maple Leafs +1100
Boston Bruins +1400
Carolina Hurricanes +1500
Pittsburgh Penguins +2500
Minnesota Wild +2500
New York Rangers +2000
Edmonton Oilers +2200
Dallas Stars +2200
Winnipeg Jets +4000
Seattle Kraken +4500
Calgary Flames +4000
Vancouver Canucks +5500
Chicago Blackhawks +4000
Nashville Predators +6000
Los Angeles Kings +5000
New Jersey Devils +5000
San Jose Sharks +10000
Ottawa Senators +8000
Columbus Blue Jackets +12500
Anaheim Ducks +12500

New Format

What has been decided is to have four new divisions, with shortened 56-game schedules and 116 consecutive nights of NHL games.

The regular season usually consists of two conferences (Eastern and Western), but ongoing issues with the coronavirus has led the NHL to divide the league into four divisions instead (Central, East, North and West).

For this year, four teams from each division will make the postseason. The top four teams from each division will qualify for the Stanley Cup playoffs and will then play in the first two rounds of the postseason (1 vs 4 and 2 vs 3). The teams that advance from the four divisions are then reseeded by points in a 1 vs 4 and 2 vs 3 format to decide who plays in the Stanley Cup final.


NHL 2020-21 Futures Stanley Cup Betting

The early favorites in the outright betting to win the Stanley Cup 2020-21 were the defending title holders, Tampa Bay Lightning, Colorado Avalanche and Vegas Golden Knights.

There was also be plenty of support for the likes of the Boston Bruins, Dallas Stars, Philadelphia Flyers, Pittsburgh Penguins, St. Louis Blues, Toronto Maple Leafs, Vancouver Canucks and Washington Capitals.


Central

The Central Division features Carolina Hurricanes; Chicago Blackhawks; Columbus Blue Jackets; Dallas Stars; Detroit Red Wings; Florida Panthers; Nashville Predators and Tampa Bay Lightning.

The Lightning are the defending Stanley Cup champions and considered one of the favorites for the trophy again this season. They are also favorites to win the Central Division, despite having Nikita Kucherov ruled out for the season.

That’s an enormous loss for any team but, due to the fact that the Bolts can still call upon the likes of high caliber stars such as Steven Stamkos, Brayden Point, Anthony Cirelli, Victor Hedman and Andrei Vasilevskiy, it’s one they should be able to overcome.

The Hurricanes and the Blue Jackets could provide the biggest challenges to the Lightning in the Division, although in a shortened season and in these unique circumstances it would be foolish to rule out any team.


East

The East Division features Boston Bruins; Buffalo Sabres; New Jersey Devils; New York Islanders; New York Rangers; Philadelphia Flyers; Pittsburgh Penguins and Washington Capitals.

The East Division looks very competitive, with little to choose between six teams in the futures betting odds to win it.

The Bruins are the marginal favorite to finish top with the online sportsbooks, but the Flyers and the Capitals could both provide a stern challenge to Boston at the top of the Division and, with Alex Ovechkin up for a new deal this summer, he could have all the incentive required to fire Washington to top spot.


North

The North Division features Calgary Flames; Edmonton Oilers; Montreal Canadiens; Ottawa Senators; Toronto Maple Leafs; Vancouver Canucks and Winnipeg Jets.

The North Division is an all-Canadian affair, which of course means that there will be four Canadian teams heading to the playoffs.

It is now 28 years since the Montreal Canadiens defeated the Los Angeles Kings to win the 1993 Stanley Cup and no Canadian team has won the championship since.

The Leafs are the favorites to win the North Division with the sportsbooks and they certainly have the roster to achieve that. They remain the only Original Six team to not win a Stanley Cup since expansion began in 1967.

The Oilers have missed the playoffs in 13 of the past 14 seasons, but with Connor McDavid, and Leon Draisaitl leading the way and a number of new players on the roster, they should be capable of improving on that statistic and could be a value wager to finish at the top of the Division.


West

The West Division features Anaheim Ducks; Arizona Coyotes, Colorado Avalanche; Los Angeles Kings; Minnesota Wild; San Jose Sharks; St. Louis Blues and Vegas Golden Knights.

The West Division looks likely to be a race between the Avalanche, Golden Knights and Blues to finish in top spot, with all three also seen as serious contenders to win the Stanley Cup trophy itself.

The Blues could prove to be the value bet to win the West Division as the marginal outsiders of the three teams, particularly having signed one of the top scorers on the free-agent market, Mike Hoffman.

Frequently Asked Questions

  • When does the 2021/22 NHL season start and end?

    The new NHL season will begin on October 12, 2021 (pending approval of cross-border travel) with the Stanley Cup finals scheduled to end in June 2022.

  • What changes were made to the format for NHL 2020-21?

    The pandemic has also necessitated changes to the regular season format, largely due to the Covid-19 travel restrictions imposed by the Canadian government.

    The changes to the calendar as a result of the pandemic mean that instead of the typical 82-game regular season, this year will see a reduction to 56 games.

    Another consequence is that the usual Eastern and Western Conferences, featuring the Atlantic and Metropolitan Divisions (Eastern) and the Central and Pacific Divisions (Western), has given way to a new format in which the teams have been realigned into four new divisions (which we are assured is for this season only):


    • Central – Carolina Hurricanes; Chicago Blackhawks; Columbus Blue Jackets; Dallas Stars; Detroit Red Wings; Florida Panthers; Nashville Predators; Tampa Bay Lightning
    • East – Boston Bruins; Buffalo Sabres; New Jersey Devils; New York Islanders; New York Rangers; Philadelphia Flyers; Pittsburgh Penguins; Washington Capitals
    • North – Calgary Flames; Edmonton Oilers; Montreal Canadiens; Ottawa Senators; Toronto Maple Leafs; Vancouver Canucks; Winnipeg Jets
    • West – Anaheim Ducks; Arizona Coyotes; Colorado Avalanche; Los Angeles Kings; Minnesota Wild; San Jose Sharks; St. Louis Blues, Vegas Golden Knights.

    All teams will only play their divisional opponents in the regular season. The Canadian teams in the North Division (which has seven teams) will play each other nine or 10 times, while every other team will face their divisional opponents eight times.

  • What format was in place for the NHL 2020-21 playoffs?

    As things stand, the playoffs are tentatively scheduled to run with a 16-team format featuring the top four teams from each division. All the playoff rounds will be decided on a best-of-seven basis.

    The first two rounds of the playoffs will be played on a divisional basis, with the first-placed team in each division playing the fourth-placed team and the second-placed team playing the third-placed team.

    The winners of each of these series will then play each other in the second round, after which the four Divisional winning teams will then advance to the third round (or Stanley Cup Semifinals).

    These Semifinals will be re-seeded based on each team’s regular season points.

    Barring any further Covid-19 interruptions, it’s expected that the Stanley Cup should be take place around mid-July.

    This season will, due to the new divisional format, also be unique in that there is every possibility that the Stanley Cup Final will not be a straight contest between one team from the Eastern Conference against one from the Western Conference.

  • Who were the favourites in the NHL Futures Division Betting?

    • Central – Tampa Bay Lightning are warm favorites to secure the Central Division, with their main challenge expected to come from last season’s beaten Stanley Cup finalists, the Dallas Stars, and the Carolina Hurricanes.

    • East – The East Division is the most difficult to predict based on the available betting odds, with the Boston Bruins marginal favorites ahead of the Philadelphia Flyers. There could be strong challenges from the Pittsburgh Penguins, New York Rangers and Washington Capitals.

    • North – The Toronto Maple Leafs are the favorites to win the North Division, with their main rivals according to the betting odds with the sportsbooks likely to be the Edmonton Oilers and the Vancouver Canucks.

    • West – The sportsbooks see the Central Division as being closely contested between the Colorado Avalanche and Vegas Golden Knights, with the St. Louis Blues as their most serious challengers.

  • What to consider when betting on Stanley Cup 2020-21?

    Factors to take into consideration when staking any money on the Stanley Cup outright market are the shortened regular season, the lack of any preseason games, the condensed schedule and the probable absence of fans at games in any great number for much, if not all, of the season.

    The fact that two of the three Stanley Cup favorites, the Colorado Avalanche and Vegas Golden Knights, are both drawn together in the Central Division suggests it could be wise to avoid both in Stanley Cup outright betting.

    On that basis, the Tampa Bay Lightning look like they could be worth backing to retain the title although, with so much uncertainty surrounding how the season will unfold, a speculative wager on an outsider is also worth considering. The Edmonton Oilers could be one such team.

  • What happened in NHL 2020-21?

    On July 7, Tampa Bay Lightning lifted the Stanley Cup for the second successive season defeating the Montreal Canadiens 4-1 series.

  • What happened in NHL 2019-20?

    The onset of the Covid-19 pandemic led to the season being suspended indefinitely on March 12, 2020.

    In May, the NHL and National Hockey League Players’ Association (NHLPA) agreed to a framework for the resumption of play. The remainder of the regular season was cancelled, with the top 12 teams in each conference (by points percentage) competing in a modified and expanded Stanley Cup playoffs.

    The season finally ended on September 28, 2020, with the Tampa Bay Lightning defeating the Dallas Stars 4-2 in the Stanley Cup Final series.