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Stanley Cup Betting 101 How to bet on the Stanley Cup
Are you new to NHL betting?
Want to know how you can start betting on Stanley Cup finals this year?
You can bet on the Stanley Cup finals in four easy steps:
Step 1 Check if it's legal for you to bet on the Stanley Cup
Every state has different laws when it comes to online sports betting.
In most cases, if online sports betting is legal in your state you'd be able to bet on the Stanley Cup.
Legal sports betting sites like Unibet will give you the option of betting on the Stanley Cup if it's legal in your state.
You can legally bet on the Stanley Cup on Unibet if you live in:
- New Jersey
Step 2 Visit a betting site or download a betting app
Now that you know you live in a state where online betting is legal it's time to move on to step two.
Check out a licensed betting site for betting on the Stanley Cup, like Unibet, or download their hockey betting app and get a feel for the latest odds for the Stanley Cup finals.
Step 3 Sign Up
You can check out the latest betting lines and odds during the Stanley Cup for free in online sportsbooks.
If you want to place your bets with real money though, you need to sign up with the sportsbook and make a deposit.
You can sign up with Unibet's betting sites in less than 90 seconds.
When you sign up with our betting site, you also get a free $500 RISK FREE BET!
Step 4 Make your first bet on the Stanley Cup!
Now you're all set to make your first bet on the Stanley Cup finals!
We told you it was going to be easy!
Grab Your $500 Risk Free Bet!
How does Stanley Cup Betting Work?
At the end of a long hockey season, teams do battle for the Stanley Cup. The biggest prize in the sport is up for grabs in a best of seven game final series.
The NHL is always a busy division at our sportsbook. The interest is there throughout the season but it always builds when the Stanley Cup comes along.
If you want to know more, please read on.
Before you begin, there are two questions to ask:
- What are Stanley Cup odds?
- What Stanley Cup bets are available?
What are Stanley Cup Odds and how do they work?
Let’s start with odds in the Stanley Cup. They underline two things:
- The probability of either team winning the Stanley Cup
- Your expected payout if your bet wins
Let’s look at this NHL bet:
You’ll need to use your imagination here. As two teams from the same Conference, the Capitals and the Panthers cannot meet in the Stanley Cup final. The image is just to show you how odds work.
For this game, there are two different numbers next to each team. The Panthers have a minus prefix and this means they are favorites to win. The Capitals have a + symbol in front of their number and this marks them as the underdog.
We’ve now answered the first question: Probability tells us that Florida are favorites and that they have a higher chance of winning.
But what about payouts? This is where the specific figures come into play. The Panthers are available at -225. This means that we need to stake $225 to win $100. As for the Capitals, a stake of $100 at odds of +180 returns $180 if Washington wins.
It’s simple to follow once you know what those odds mean.
Public Betting in the Stanley Cup
How does the favorite get separated from the underdog? If you look at that game between Washington and Florida you might get a clue. The Panthers are the stronger team in better form. Any regular NHL fan will tell you that they should be winning that game.
When bets start to appear, the wider betting public get behind one team and they become the favorites. It’s then down to our odds setters to publish the specific odds.
Do you bet with the public or against them? The choice is yours but, if you keep reading, we’ll give you some advice on reaching a decision.
What Stanley Cup Bets are Available?
Here are some of the most popular bets you can place on the Stanley Cup:
#1 Stanley Cup Moneylines
We’ve shown you an example here. The bet on the match result is known as the Moneyline. Up to seven of these will be available across the Stanley Cup series. You can stake on as many or as few as you want.
Within each game, there will be several other options. Let’s start with:
Regular Time Line 3-Way Moneylines in the Stanley Cup Finals
This is a little twist on the Moneyline with a third option for a tie. With a Moneyline pick, it’s all about the eventual winner. If you take the Regular Time Line 3-Way, the tie at the end of regulation play becomes a third option.
#2 Puck Lines in the Stanley Cup Finals
This is a bet on the winning margin. It’s available in other sports such as baseball where it is known as the Run Line.
Here’s an example:
In this game, the Rangers are favorites to win by two clear goals. If you take that bet and New York win by two goals or more, it will pay at +175.
You could opt for the Penguins here. If they were to win or, if Pittsburgh lost by just one goal, the payout is at -220.
Puck Lines can be changed: When the Stanley Cup arrives, a slider will appear for this bet. Move it from left to right and you can adjust that line.
#3 Stanley Cup Total Goals Bet
Goals win games and ultimately will take a team to Stanley Cup glory. Total Goals betting is popular at Unibet and it’s easy to understand.
Here’s another example.
In this match, the goal line defaults to 6. A bet under that line will pay at +100 if there are 5 goals or less. If there are seven goals or more, a winning bet pays out at -122.
What if you were to hit that line? A game that finishes with exactly six goals means that there are no winners or losers - right? That’s correct. If this were to happen, the bet would be called a ‘push’ and your stake would be refunded.
Once again, that slider can be moved to adjust the goal line.
#4 Stanley Cup Props
Prop is short for proposition and it can cover an event that could happen during a game. That event may not have a direct bearing on the result.
It’s easy to split props into two sections - team and player. To find them, just scroll down past the main Stanley Cup bets and you will see drop down menus.
In a series of games as important as the Stanley Cup, there may be more options than in a regular season. These might include:
• Correct Score
• Highest Scoring Period
• Both Teams to Score - Yes or No?
• Scorer of the First Goal
Stanley Cup Futures Bets
Futures markets usually appear at the start of the season. By the time the Stanley Cup comes along, most of them will have dropped off the radar. You can still bet on the Stanley Cup winners.
The image shows the Futures markets while the teams are still in the playoff stage. By the time the Stanley Cup series arrives, there will be just two teams left.
To find these bets, just find the NHL page and click on the tab marked ‘Futures’.
#5 Stanley Cup Parlays
At this advanced stage, you can still use parlay betting. The Stanley Cup offers many bets and it’s possible to form a parlay, which is a multiple with two or more selections.
Stanley Cup Parlays come in two distinct forms. The first is called a single-game parlay where two or more bets combine.
Here’s what we mean:
In a game between the Penguins and the Rangers, we’ve gone for the Penguins to win and Over 6.5 goals. Our chosen stake is $10. When your Unibet betslip opens, you will see the odds, plus your potential payout.
If everything looks good, click on that big yellow button and the bet is placed.
The other type of Parlay occurs over two games. A bet on three individual matches would be called a 3-leg Parlay. When the Stanley Cup series begins, all the focus is on those games. There isn’t the opportunity to combine a parlay across the NHL.
However, Unibet offer other hockey bets from around the world. So, you could combine a Stanley Cup match with a game from outside of the US.
Whether you’re taking a single game or a multi-leg parlay, there is one important thing to remember. For a parlay to pay out, all picks have to win. If one or more let you down, the bet is lost.
Tips and Strategies for your Stanley Cup Betting
As experts in Stanley Cup betting, you can ask us anything. We can never guarantee a winner. We don’t have a crystal ball and time travel eludes us at the moment. However, we can offer some tips on how to formulate a strategy.
Here we go:
#Tip 1: The Public has a Voice
This all comes back to probability: The public says that Team A has a better chance of winning the Stanley Cup than Team B. You could just follow the crowd and bet on the favorites. Many people do but there is always the possibility that the underdog will win.
Sport isn’t predictable and that’s why we recommend that you make up your own mind. You can still bet with the public but why be a sheep and bet blindly?
#Tip 2: Making Your Mind Up
TThe public tells you who the favorites are. Now it’s down to you. Only by carrying out thorough research can you make an informed decision.
What should you look for? Here are the key factors:
• Form Score
• Head to Head Results - if any
• Home Rink Advantage
• Injuries and Absences
A team must be in good form or they wouldn’t be in the Stanley Cup series. That’s obvious but you should still look at recent results. Has one side moved emphatically through the playoffs while the other is scraping 4-3 wins?
Indicators are there if you look at the form guide from the regular and postseasons.
There will be fewer head-to-heads at this late stage of the season. The teams will be from separate Conferences and may not have met in the recent past. However, if they have previously contested a Stanley Cup series then you should take those results on board.
Home rink advantage is another potential factor. If a side has a much better record at home than they do on the road, they may have a better chance if the next game is on their own ice.
Injuries and other absences can weaken a roster. Team news may come in late and it could offer an advantage to opponents. If you’re quick, you may also get some higher odds before the market reacts to those absences.
Results from previous games between the two teams could offer some pointers moving forward.
Team news can keep you in the loop regarding any injuries. Absences from the rink can weaken a team and affect their chances of winning.
Home advantage can play a part in any sport. As a final tip in this section, check the home and away stats of your preferred team to see how they match up.
#Tip 3: Choose Your Bets
Now you know which bets are available, it’s up to you to choose your options. Some bettors like to mix things up but many will focus on one particular type of bet. The Moneyline is the easiest to understand and it would be ideal choice if you’re a greenhorn in sports betting and want to bet on the Stanley Cup Finals.
With more experience, you can stay with that moneyline or you can look elsewhere. Parlay betting increases the odds and potential payout but it does carry that higher exposure.
Props and other markets such as Puck Line may require more analysis. They really test your research skills and that’s great for students of the game. Work out which type of bettor you are before getting fully involved.
#Tip 4: Grab Some Stanley Cup Betting Offers!
Unibet publish competitive odds for all Stanley Cup bets. We are crazy about odds and giving you value for money. To enhance that value, make sure that you stay up to date with our offers and promotions.
There is a welcome bonus to kick things off while ongoing deals can also appear for the life of the account. Check the promotions page for full details and remember that opt in facility. Be sure to stay in the loop