Legal NHL Betting

Current NHL Odds

The current NHL betting odds are always changing no matter if they are posted during the NHL Playoffs, in the offseason, or during the NHL regular season. Regardless, now is the best time to get in on current NHL odds. In addition to betting on the Stanley Cup, NHL betting fans can also find NHL betting odds on the Conn Smythe Trophy, who will win their division, and every game line as well. In other words, there are many ways to cash in at NHL betting sites.

• Odds To Win The 2023 Stanley Cup
• Vegas Golden Knights EVEN
• Florida Panthers +105
• Dallas Stars +1400

NHL Betting On The Eastern And Western Conferences

During any point of the NHL season, bettors can place wagers on the winner of the Western and the Eastern Conference every year. There are future odds available before the NHL season even kicks off for both conferences and the odds change daily during the regular season. The West had a different champion from 2020 through the 2022 season, while the Tampa Bay Lightning won the East from 2020 to 2022. There is value in betting on early season underdogs. The biggest example of this was when the Vegas Golden Knights won the Western Conference during their first ever season in the NHL, with +9250 preseason odds.

How Betting On The NHL Differs Between Sportsbooks

There are a variety of differences when it comes to land-based and online sportsbooks, and even between online sportsbooks themselves. Aside from the fact that one is in-person and the other is through your computer or phone, the options they provide will vary as well. Land-based sports betting is only available in select states that have approved measures for the industry. Each state is different and will have a different set of regulations. For example, one state may refuse your ability to select a local team or may not even provide a betting line due to the fact that it has been bombarded on one side by the local bettors.

For overseas online sportsbooks, there is very limited overhead and your wagering options, bonuses, and variety of betting lines on NHL games will drastically increase. Without any state regulations to look out for, these operators can provide you with everything you would want from your local sportsbook. However, these online sportsbooks vary wildly as well. This is why it is important to do your research and choose the best online sportsbooks for your needs.

Common Betting Styles For NHL

Here, we will discuss the three main types of wagers you can lay down when betting on the NHL. Between the spread, the moneyline, and the over/under, you will find you are talented enough at one of them to do alright with. These are by far the easiest and most straight forward betting options around, as you have probably heard of them when watching sports coverage for a game. There are other options such as parlays, teasers, round robins, if bets, and more, but we don’t want to overwhelm you and will just stick to the basics.

Betting On The Spread In An NHL Game

Used as a handicap, the spread, also known as the puck line, is a number that reflects how much a team is favored by against their underdog opponent. While some games will have no puck line and are a “pick-em”, the majority of NHL games will have a betting line on the spread. The favorite is indicated by a number with a minus (-) sign in front, while the underdog is represented by a plus sign (+).

• New Jersey Devils -1.5 (-110) vs Carolina Hurricanes +1.5 (-110).

In this example, the Devils are the favorite and must win by 2 or more goals for a successful wager to take place. For the Hurricanes, they must win the game or lose by 1 goal to win money for their bettor. In the event of the puck line being a whole number and the final result is equal to that number, all money is refunded, as this is considered a “push”. The (-110) is the moneyline, which we will discuss below.

NHL Moneyline Betting

In a moneyline wager, there is no point spread. In fact, you are simply picking who will win the game, straight-up, with no handicap whatsoever. Seems easy, right? It is.

• Dallas Stars (+175) vs Colorado Avalanche (-200)

Here, the Avalanche are favored, as indicated by their (-200) odds. For the favorite, this number is a ratio which equates to how much money must be laid down, in order to win $100. Keep in mind you can wager as little or as much as you’d like, but for every $2 you bet in this scenario, you would profit $1. On the flip side, the Stars at (+175) represent their own ratio: how much money you would win by betting $100. Notice how the underdog allows you to bet less than what you would profit, which makes selecting the right underdog (and staying away from the wrong favorite) so profitable.

Choosing The Over/Under In NHL Betting

Just like picking a winner, with this method, you are simply picking if the actual goal amount will be higher or lower than the projected goal total. Like spread betting, there can be instances of a whole number resulting in a push, but the majority of over/unders will be halved.

• Washington Capitals vs Las Vegas Knights: o/u 5.5 (-110)

Making the selection is as simple as it can be, where betting the over would need 6 goals or more to be scored for a successful wager. If you took the under, only 5 goals or less could be scored for you to be a winner. If the majority of people are betting a certain way on the o/u, the odds may slightly shift from the general (-110) odds. In some case, you can see (-135) or (even) action if the line is about to adjust, as the books want to balance their betting intake.

Futures Odds

Futures betting is a popular NHL bet to make as it could be done all year round on many different topics. The main NHL futures odds to bet on are the Stanley Cup finals odds which open immediately after the final game of the Stanley Cup finals finishes from the previous year. Those odds then shift throughout the offseason depending on free agency moves and through the regular season depending on certain teams performances.

Game Props

These odds have to do with different angles of the game itself that aren’t just betting on the winner and loser. You can bet on single teams props such as team total goals, alternate spreads, alternate goal totals, and much more. There are also odds on the first team to score and different varieties of it as well.

Player Props

Player props are also a very popular bet to make as it gives you a completely different angle to bet on and focus on throughout the game. You can bet on the odds for a specific player to score the first goal, player’s total goals made. There are even player futures odds as well such as odds to win the MVP and other player awards.

NHL Parlay Betting

NHL parlay bets are available at all of the legal sportsbooks recommend on this page and can be used to make a big profit on multiple legs hitting. Players can group spreads, totals, and moneylines for many different parlay combinations during every night of NHL action.

Funding Your Sportsbook Account

The first thing you need to do in order to bet on the NHL is deposit into your online betting account. Luckily there are several ways in doing so that are all convenient and quick. Regardless of which deposit method you choose or which NHL betting site you are using, you’ll need to follow rules and restrictions with them such as fees, limits, and processing times that may vary depending on which method you choose.

NHL Deposit Methods

• Credit/Debit Cards
• Cryptocurrency
• MatchPay
• Wire Transfer
• ECheck
• Money Order

Limits For Legal NHL Sportsbook Deposits

• Cryptocurrency – Whether using Bitcoin or Dogecoin, legal sportsbooks allow deposits that range from $10 to $100,000 depending on the sportsbook. These deposit process instantly and have zero fees for all transactions at every sportsbook that offers the secure method.
• Credit Cards – Legal sportsbooks offer VISA, MasterCard, Discover, and America Express for deposits that range from $20 to $2,500 across the different books. The fees also range depending on the sportsbooks but they start from 9.75% and go up to 15.75% and process instantly.
• P2P/MatchPay – This method can be used for same-day deposits with a range of $20 to $1,000 and does not have any fees attached. Some deposits with this method are known as MatchPay, while other books refer to it as P2P but they all use payment services such as PayPal, Cash App, Venmo, and others.
• Direct Bank Transfer – Whether the sportsbook refers to it as a bank or wire transfer, this method can be used for large deposits ranging from $50 to $10,000 and the fees vary depending on the amount deposited. This method ranges from 10-15 days to transfer.

How To Request A Payout From A Legal NHL Betting Site?

After betting on the NHL, one of the first things you are going to want to do is find out how to get your winnings paid out to you. Luckily for you, there isn’t much you need to know as the process is extremely easy and quick to go through. The main thing throughout the process that you’ll need to do is confirm that you are the one that is requesting a withdrawal.

1. Select the “Withdraw” tab when logged into your account
2. Choose which payout method you want to use
3. Enter the number you would like to withdraw
4. Confirm with the sportsbook that you are making the withdraw

Payout Limits At Legal NHL Betting Sites

• Crypto – Bitcoin is the most universally accepted cryptocurrency at NHL betting sites and the currencies range from $10 to $100,000 for secure and fast payouts. There are no fees with any crypto transactions and payouts range from a 24–48-hour window to process.
• Check By Courier – This method is offered at a free secure betting sited and has a payout range from, $100 minimum to $600 maximum. The fees vary depending on the sportsbook but Bovada offers a free check payout every 90 days. This method takes 10-15 BD to arrive after it processes.
• Bank Wire – Depending on the book, these transfers could be known as a direct bank or wire transfer and has a withdrawal limit that ranges from $500 to $25,000. After the sportsbook processes the request, the transaction takes 10-15 BD to transfer between accounts.
• P2P/MatchPay – This payout method uses money transfer services like PayPal to connect sportsbook players to buy and send each other’s betting credits but it can be referred to by a few different names. No matter the title of the method, there is a limit of $20 to $1,000 and sportsbooks take a few hours during business hours to process the transfer.

Using Cryptocurrency To Bet On The NHL

Cryptocurrency is one of the most convenient ways to bet on the NHL and for good reason. Any crypto that you bet with comes without the stress of transaction fees and also has quick processing times as well. Going even a step further, you can link your crypto wallets directly to your online NHL betting account and transfer your finds too and from within a matter of seconds. Some of the most popular cryptos that are accepted for NHL betting include:

• Bitcoin (BTC)
• Ethereum (ETH)
• Bitcoin Cash (BCH)
• Litecoin (LTC)
• Shiba Inu (SHIB)
• Cardano (ADA)
• Dogecoin (DOGE)
• ApeCoin (APE)
• Solana (SOL)
• USD Coin (USDC)

Legal NHL Betting FAQs