2024 NHL Stanley Cup Odds: Know Your Betting Favourites 

With the progression of the NHL playoffs, the probability of winning the Stanley Cup is changing constantly. There are many sports betting sites available online where you can wager on the odds of each playoff team. This blog will help you make the betting accurately by talking about the favourites of the Stanley Cup odds, how to read the odds, and what bets you can make to boost your winning. 

How can you read the Stanley Cup Odds? 

You can use American odd formats available on most sports betting platforms for Stanley Cup odds. American odds feature both negative and positive odds, where the positive odds indicate underdogs, and the negative odds signal your favourites. 

If the negative odds is -155, it will indicate how much a player can bet on to win $100. For instance, if a bettor wagers $155 and wins, he will receive $100, including the stake back. 

However, the positive odds work differently. For the positive odds, +220 indicates a player’s potential winnings for each $100 he bets on. For instance, if a punter places a $50 bet with those odds and wins, he will get $110 in profit and the initial $50 stake. Simply put, whenever you place a bet, your payout will be determined by the odds and how much you wager on it. 

Stanley Cup Odds favourites

Here is the latest 2024 Stanley Cup odds from Forbes

  • Edmonton Oilers: +420 
  • Florida Panthers: +480
  • Dallas Stars: +500
  • Carolina Hurricanes: +550
  • New York Rangers: +550
  • Colorado Avalanche: +600
  • Boston Bruins: +1100
  • Vancouver Canucks: +1500

The odds are subject to change, but if you go with these predictions and place your bet with them, there is a high chance that you will end up with a good winning cash. 

Who are the key performers to watch? 

Artemi Panarin (New York Rangers): Panarin is known for assisting his teammates to score goals. By giving out 4 assists against the Hurricanes in the first two games, he can be a big problem for the competitors on the ice. 

Igor Shesterkin (New York Rangers): Shesterkin’s performance in stopping goals for the Rangers is impressive. He has stopped 94 of the 101 shots he has faced so far. He is a big reason the New York Rangers have managed to win the first round and emerged as a Stanley Cup contender. 

Connor McDavid (Edmonton Oilers): McDavid has been showing consistency through goals and assists for the Oilers. His performance is outstanding in offensive and defensive plays, making him a key player to watch during the Stanley Cup. 

Sebastian Aho (Carolina Hurricanes): With rapid passing and slick puck handling, Aho is a star player with a similar skill to Panarin. His performance in high-stakes matches has made him a crucial player for his team. 

Types of bets you can place during Stanley Cup playoffs 

Moneyline: This is a very simple and easy type of betting where you have to predict the team winning this Stanley Cup. 

Over/under: This is also known as a totals bet, which involves determining the total goal numbers that both teams can earn together. The bettors have to predict whether both teams will be able to score more than what was predicted(over) or less than that(under). 

Prop Bets: Proposition bets are also popular among bettors. You can place prop bets during sports events or matches through online sportsbook sites. This betting doesn’t rely on match outcomes but is based on an individual player or team’s performance. 

Period Bets: These bets typically centre around the money line, and over/ under bets work on individual periods within the match. 

Live Betting: This is also known as in-play betting, where bettors can enjoy the thrill of a live game and bet on it as the game progresses. 

Futures: As the name suggests, here, the odds typically depend on the achievements or outcomes when the season ends.    

How the odds vary throughout the season

Two factors can mainly regulate sports betting odds: public betting and new information. If we talk about the Stanley Cup futures odds, the primary factor behind the fluctuation is the regular-season team performance. 

Bookmakers gather a variety of data to create initial lines. However, with the advancement of technology, it is now pretty easy for bookmarks to tighten up their lines using information like teams’ past performance, players’ injuries, weather reports or other news and insights. In short, the accuracy will improve even more as the Stanley Cup playoffs come closer. 

Final Say

As the Stanley Cup playoffs continue, bettors and sports fans are waiting eagerly to witness more exciting games and dramatic endings. When placing your bet, you should carefully balance risks and high rewards. Whether you are a newbie or a seasoned player, understanding the betting odds will help you make informed decisions and thus gain high winnings.  

Last Updated on by Icy Canada Team

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