Last updated on: May 20th, 2024

Legal Online Stanley Cup Sportsbooks

Betting on the Stanley Cup Finals through legal online sportsbooks has become one of the most important times of the year for NHL bettors. Whether it is betting on the winning team well in the future, betting on the Conn Smith winner, or wagering on a prop bet prior to the series, there is no more important time of the year for hockey bettors and sportsbooks alike.

Stanley Cup

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Best Sportsbooks To Bet On The Stanley Cup

The most important part of betting on the Stanley Cup is finding a sportsbook suitable for The Cup. Sportsbooks suitable to use when betting on the Stanley Cup must be fast, safe, and offer great bonuses for both new and returning users. Our favorite legal sports betting sites that fulfill those requirements are listed below.


Bovada Sportsbook

Best Sportsbook To Bet On The Stanley Cup

Bovada has proven to be the best Stanley Cup sportsbook ever since they were founded back in 2011. Speed is a priority at Bovada, with the elite sportsbook offering payouts in speeds that would make Connor McDavid, Nathan MacKinnon, and Patrick Kane proud. Betting on Bovada won’t guarantee tee you a win, but it will give you the best scoring chance out of all the online sportsbooks.

Rating: 5 Star Rating

  • Stanley Cup Futures
  • Parlays
  • Easy-to-use Interface

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BetOnline Sportsbook

The Largest Stanley Cup Bonuses

For hockey bettors looking to find the largest sportsbook bonuses, BetOnline will be the best choice. BetOnline offers bonuses comparable in size to that of Lord Stanley’s Cup, with welcome bonuses for both crypto and non-crypto depositors. Cryptocurrency users get a 100% match bonus up to $1,000, while other depositors still get a large 50% match up to $1,000.

Rating: 5 Star Rating

  • Reliable Banking Methods
  • Strong Server Connection
  • 10+ Year Track Record
  • Huge Assortment Of Odds
  • No App Mobile Betting

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MyBookie Sportsbook

Safest Sportsbook To Bet On The Stanley Cup

For hockey bettors looking to have the same level of safety for their information that the Tampa Bay Lightning have for their net with Andrei Vasilevskiy in goal, there is no need to look any further than MyBookie. Some of the ways that MyBookie keeps their player’s transactions secure is through their 256-bit encryption system, secure socket layers certificates, and confirmation emails after each deposit.

Ratings: 5 Star Rating

  • Huge Player Bonuses
  • Consistent Odds
  • Easy Interface
  • Rapid Live Betting
  • Legal In Florida


Is Betting On The Stanley Cup Legal?

USA Players AllowedYes, betting on the Stanley Cup is legal no matter the state. Legal online sportsbooks such as Bovada, BetOnline, and MyBookie are operational throughout the United States because they operate under foreign jurisdictions. Since they operate and are licensed internationally, those sports betting sites allow Stanley Cup betters to get in on the action no matter where they are.

Ways To Bet On The Stanley Cup

For an event as important as the Stanley Cup, NHL sports betting sites accept many different styles of bets. The different betting options are listed below, but the most important thing about gambling is how to read hockey odds and how to receive legal sports betting payouts.

First things first, if a bet is successful, then the winner gets their amount bet plus their amount won back (the amount bet is not included in the calculations for the amount won). If the odds have a negative sign next to them, that means that amount of money must be bet to win $100 (i.e. -500 means bet $500 to win $100). The opposite is true if there is a negative next to the odds, that would be the amount won off a $100 bet (+650 would mean a $650 payout on a $100 bet).

  • Moneyline – Betting the moneyline on a Stanley Cup game is simply a bet on who will win the game. Payouts are reflective based on the team that is expected to win. Underdogs will have plus odds, while favorites will have negative odds.
  • Puck Line – Meant to even the odds out, betting on the puck line means betting on the favorite to win by a certain amount of goals or the underdog to either win or lose by less than that same number of goals. Puck line odds offer larger payouts on favorites than moneyline, while betting on the underdog via the puck line comes with smaller payouts than the moneyline.
  • Total Goals – NHL sportsbooks set a number of goals that NHL bettors will get the option to the game to go over or under the number. Betting on the total is a great option for NHL bettors without a dog in the fight as they can bet on an exciting outcome(the over) or a lower-scoring affair.
  • Live Betting – After getting a read on how the two teams are skating, live sports betting is a great option for the action of the Stanley Cup. Live betting options typically include bets on the moneyline, puck line, and total goals.
  • Team Props – Individual team prop bets are available for series long bets or an individual Stanley Cup game. Frequent options include shots on goal by one team and their total team points.
  • Player Props – Arguably the most exciting betting option on the Stanley Cup, placing a bet on a player prop bet is a wager on a player to hit certain benchmarks during the series or a given game. This may mean bets on a least certain number of goals, points, or saves by an individual. Many sportsbooks will even offer player props on goalies, and if they will record assists.
  • Game Props – For those looking for special bets on individual games, game prop bets are an excellent option. Game props come in many forms, but may include bets on goals in the first period, total power-play goals, and penalty minutes.
  • Conn Smythe Trophy – The Conn Smythe Trophy is awarded to the to MVP of the NHL Playoffs every year. Recent winners and their odds were: Cale Makar(+175), Andrei Vasilevskiy(+125), Victor Hedman(+450), and Ryan O’Reilly(+5000).

2024 NHL Finals Series Odds

odds provided by Bovada: July 21st, 2024

Betting On The Winner Of The Presidents Trophy

No team has won the President’s Trophy and the Stanley Cup since the 2012-13 Chicago Blackhawks, with Boston losing in the first round last year after finishing the season with the most points. The New York Rangers won the 2023-24 President’s Trophy with +500 mid-season odds and will have a chance to break the 10 year curse.

Betting On The Winner Of The Hart Memorial Trophy

As can be seen in the odds below, the Hart Memorial Trophy winner has become a four man race essentially. While Nikita Kucherov has been the leading point scorer for the majority of the 2023-24 NHL season, there is no denying the heat and goal scoring of Austin Matthews who won the award in 2022. However, two time award winner Connor McDavid can never be left out of the conversation and is a hard player to bet against.

odds provided by Bovada: July 21st, 2024

Bovada NHL Betting

Stanley Cup Betting Trends + Facts

With a history established in 1893, there are many different interesting trends and facts to be found regarding the Stanley Cup. Some of the most notable ones for NHL bettors to know are:

  • Of the past 11 Stanley Cup Winners, only the St. Louis Blues(18-19) and Washington Capitals(17-18) were underdogs heading into the Stanley Cup Finals. The Blue’s odds were +140, while the Capitals were +133 heading into the series.
  • Since 1985, the eventual winning team with the longest odds prior to the start of the season was the Carolina Hurricanes in 2005-2006 with +6000 odds. The longest odds heading into the playoffs were the Los Angeles Kings during the 2011-2022 season with +2200 odds.
  • Four of the last seven Stanley Cup Winners had longer odds and better payouts available for bettors at the All-Star Break. Compared to preseason odds: the 2019-2020 Tampa Bay Lightning(+675 to +750), St Louis Blues(+3000 to +10000), Washington Capitals(+1125 to +1475), and the 2015-16 Pittsburgh Penguins(+1300 to +2600).

Odds History Of Past Stanley Cup Winners

Season Team Preseason All-Star Break Round One
2022-2023 Vegas Golden Knights +1800 +1400 +1200
2021-2022 Colorado Avalanche +600 +450 +325
2020-2021 Tampa Bay Lightning +900 +800 +750
2019-2020 Tampa Bay Lightning +675 +750 +650
2018-2019 St Louis Blues +3000 +10000 +1250
2017-2018 Washington Capitals +1125 +1475 +1225
2016-2017 Pittsburgh Penguins +1100 +1000 +770
2015-2016 Pittsburgh Penguins +1300 +2600 +650
2014-2015 Chicago Blackhawks +700 +700 +800
2013-2014 Los Angeles Kings +1200 +1600 +1400
2012-2013 Chicago Blackhawks +1200 +800 +400

Format For Stanley Cup

The Stanley Cup is played in a 2-2-1-1-1 fashion, with the first team to win four games winning The Cup. The higher of the two seeds to meet in the final series will host the first two games, the lower seeded team then hosts games three and four, with the remaining games alternating between each team’s arenas.

How To Watch The Stanley Cup Finals

Watching the Stanley Cup has never been easier with the advent of online streaming options. Past Stanley Cups have been available to watch on networks such as ABC, ESPN, TNT, and NBC, but many different streaming options are available now as well.