Stanley Cup Odds
If there’s anything more exciting than watching the Stanley Cup Playoffs, it’s betting on the playoffs and Stanley Cup Finals, which you can now feel free to do at legal Michigan sportsbooks.
Legal and regulated Michigan sports betting operators take year-round bets on NHL games, the entire Stanley Cup Playoffs and the Stanley Cup Finals. We’re talking about single-game moneyline, puck line bets, totals and prop betting. Plus, NHL futures allow you to bet on any team to win the Stanley Cup in the offseason, preseason and throughout the regular season.
Here’s how to bet on the Stanley Cup, where to bet, current live sportsbook odds and the Detroit Red Wings’ history of Stanley Cup success.
Stanley Cup Playoff odds
Below is a look at the current odds at Michigan online sportsbooks for teams to win the Stanley Cup. Click on any odds to claim your bonus at each sportsbook and start the registration process. Check back here during the Stanley Cup Finals for game lines, including puck lines, moneylines and totals.
Best Michigan sportsbooks apps for 2023 Stanley Cup betting
Retail sports betting launched at Greektown Casino Hotel, MGM Grand Detroit, and MotorCity Casino Hotel in Detroit in March 2020. A growing number of Michigan tribal casinos have since launched sports betting operations. With online sports betting part of the mix since January 2021, you can bet on the NHL anywhere you are inside the state.
DraftKings Sportsbook, BetMGM and FanDuel Sportsbook are the state’s leading online sportsbooks. Here’s a look at why these three sites offering the best apps on the NHL betting market:
1. DraftKings Sportsbook
DraftKings Sportsbook is a leader when it comes to betting on the NHL’s Stanley Cup Playoffs and the Stanley Cup Finals. They offer a wide variety of game lines and series lines, alongside team futures and Stanley Cup prop bets.
DraftKings’ series lines allow you to bet on everything from a winner to the total games played, series spread and the exact outcome of any Stanley Cup Playoffs series, including the Stanley Cup Finals. Plus, DraftKings’ NHL futures market allows you to bet on the winner of the Stanley Cup Finals all year long.
DraftKings Sportsbook has also been known at times to run an NHL Playoff goal bonus giving you a $5 bonus for every goal any team you bet at least $50 on to win a Stanley Cup Playoff series scores. So be on the watch for promos.
BetMGM Sportsbook skates behind no one when it comes to betting on the NHL’s Stanley Cup Playoffs and the Stanley Cup Finals. There are individual game lines, including moneylines, puck lines and totals. Plus, NHL series betting and NHL futures allow you to bet on who will win the Stanley Cup, or the Eastern and Western Conferences.
BetMGM even runs NHL specials where you can bet on markets such as which country the Stanley Cup Champions will come from and which divisions the Stanley Cup finalists will represent.
3. FanDuel Sportsbook
FanDuel Sportsbook has betting on the NHL Stanley Cup Playoffs and Finals covered, with individual game lines and NHL series betting, including winners, total games, correct score and markets on correct series score after three games.
It is also a great place for NHL team futures betting, allowing you to bet on who will win the Stanley Cup and the Eastern or Western Conferences all year long. FanDuel Sportsbook even runs odds boosts on certain NHL futures, giving you some of the best NHL futures odds available in Michigan.
How do Stanley Cup futures work?
NHL team futures allow you to bet on the team you think will win the Stanley Cup, or the NHL’s Eastern or Western Conferences, all year long. You can bet on NHL team futures throughout the offseason, preseason and regular season.
Of course, Michigan sportsbooks will adjust the NHL team futures odds alongside a team’s chances. The odds will generally be better for true contenders the earlier you place a bet.
Why do futures odds change?
Michigan sportsbooks will adjust the NHL team futures odds throughout the offseason, preseason and regular season for a variety of different reasons.
A big trade or free-agent signing in the offseason will affect the perceived prospect for multiple teams, and Michigan sportsbooks will adjust the odds on both for them to win the Stanley Cup next season.
During the season, teams play their way in and out of the Stanley Cup Playoffs picture, and Michigan sportsbooks will adjust the championship odds of every team accordingly. Significant trades and injuries during the season may also affect the odds.
Once a team is mathematically eliminated from playoff contention, they’ll be dropped from the NHL futures board. In the meantime, remaining teams’ odds see their odds shrink the closer they get to winning the Stanley Cup.
Finally, when just two teams are remaining, the NHL team futures market closes, and it is replaced by the Stanley Cup Finals market.
How do the NHL Playoffs work?
When the NHL’s regular season ends, the Stanley Cup Playoffs are held to determine the Stanley Cup champions.
The NHL playoffs generally include a tournament with four rounds of best-of-seven series featuring the top 16 teams in the regular-season standings.
This format includes the top four teams from each of the newly realigned divisions — North, West, Central and East. The teams are seeded according to record. The top-seeded team faces the bottom seed, and the second and third seeds play each other in the first round. The two winners of the first round then play each other to advance to the semifinals. The four remaining teams are re-seeded according to their regular season records. Then will then face off, with the top seeds remaining facing the lowest seeds possible until a champion is crowned. This playoff format means that it is possible that two teams that traditionally play in the same conference may end up playing each other for the Stanley Cup.
In 2021, the playoffs will start in early May and conclude sometime in July.
Michigan sportsbooks will take bets on every aspect of the Stanley Cup Playoffs this season and beyond, including individual game betting, series betting and futures betting surrounding who will win each conference and the Stanley Cup.
The Detroit Red Wings: 11-time Stanley Cup champions
As an Original Six NHL team and an 11-time Stanley Cup Champion, Michigan is proud to call the Detroit Red Wings its NHL team. The team currently plays home games at Little Caesars Arena in downtown Detroit and competes in the Eastern Conference.
The Red Wings, now one of the league’s most valuable teams, were founded in 1926 and are one of the first six teams to start the NHL (thus that Original Six moniker). The team’s 11 Stanley Cup wins puts them behind only the Montreal Canadiens (24) and Toronto Maple Leafs (13) in terms of championships won. No United States-based team has won more Stanley Cup Championships.
The Red Wings have not won the Stanley Cup, however since the 2007-08 season. The team has fallen on hard times as of late, ending its 2020-21 season in a tie for last place in the Central Division with the Columbus Blue Jackets. The Red Wings amassed a record of just 19 wins against 27 losses and 10 overtime defeats over 56 games. They’ll have the No. 6 selection in the 2021 NHL Draft.
The last time Detroit won the Stanley Cup, the Red Wings beat the Pittsburgh Penguins in six games in the Stanley Cup Finals. Henrik Zetterberg scored the winning goal in Game 6 and was awarded the Conn Smythe Trophy as the NHL Playoffs MVP. Zetterberg ended his NHL career in 2018 because of a back condition, but he remained under contract with the team until 2021.
Despite these recent frustrations, the franchise still has seen two golden eras: the 1950s and again in the late 1990s and early 2000s. Red Wings legend Gordie Howe led the team to four Stanley Cup Championships (1949–50, 1951–52, 1953–54, 1954–55) during his 26 seasons in Detroit.
It would be decades before they would win again, but Red Wings legend Steve Yzerman led the team to three Stanley Cup Championships (1996–97, 1997–98, 2001–02) during his 22-year career, including 19 years as the Red Wings’ captain. Click the link in this sentence to check our complete guide to Detroit Red Wings odds.
Top 5 Detroit Red Wings of all time
Here’s a look at the top five players to put on a Detroit Red Wings jersey:
1. Gordie Howe
Howe played 25 of his 26 NHL seasons in a Detroit Red Wings uniform, winning four Stanley Cups; six Art Ross Trophies for leading the league in points; and six Hart Memorial Trophies as the NHL’s MVP.
“Mr. Hockey” retired as the NHL’s leading goal scorer (801), assists leader (1,049) and points leader (1,850) at the time. Wayne Gretzky has since broken these records, but Howe still holds the record for most games and seasons played.
Howe retired in 1971 and was inducted into the Hockey Hall of Fame the next year. He was also the first recipient of the NHL Lifetime Achievement Award in 2008.
2. Steve Yzerman
Yzerman played 22 seasons in Detroit, wearing the captain’s “C” for 19 of those years. During that time, he won three Stanley Cups; the Lester B. Pearson Award, now known as the Ted Lindsay Award, for Most Outstanding Player in the 1988–89 season; the Conn Smythe Trophy for MVP of the Stanley Cup playoffs in 1998; and the Frank J. Selke Trophy as the league’s best defensive forward in 2000.
Yzerman scored a career-high 155 points, including 65 goals and 90 assists, during that 1988–89 season. Only NHL legends Wayne Gretzky and Mario Lemieux have had better seasons.
His No. 19 jersey was retired by the Red Wings in 2007. Two years later, he was inducted into the Hockey Hall of Fame in his first year of eligibility. Yzerman is now the general manager of the Red Wings.
3. Nicklas Lidström
Lidström played 20 seasons for the Detroit Red Wings. He was captain for the final six. Lidström won four Stanley Cup championships, including the 2007-08 title as the Red Wings’ captain.
Career highlights also include seven James Norris Memorial Trophies as the NHL’s top defenseman and one Conn Smythe Trophy for MVP of the Stanley Cup playoffs in 2002.
Lidström was the first European captain of a Stanley Cup-winning team and the first European player to win the Conn Smythe Trophy. He was inducted into the Hockey Hall of Fame in 2015.
4. Sergei Fedorov
Fedorov won three Stanley Cups with Detroit, as well as the Hart Trophy as the NHL’s MVP in 1994. He was the first European player to win the Hart Trophy. Fedorov was inducted into the Hockey Hall of Fame in 2015.
5. Pavel Datsyuk
Datsyuk played for the Red Wings for 15 years, winning two Stanley Cups.
Career highlights include three Frank J. Selke Trophy wins as the NHL’s top defensive forward and four consecutive Lady Byng Memorial Trophy wins for performance and sportsmanship.
All-time franchise Stanley Cup champions
Here’s a look at the top seven Stanley Cup-winning NHL franchises:
Montreal Canadiens: 23 Stanley Cups (Since the NHL was founded)
Montreal has won more Stanley Cups than any other team in the NHL, including 10 more titles than any other team. The Canadiens were founded in 1909, making them the oldest professional hockey team in the world. The Canadiens are an Original Six NHL squad.
However, the team has enjoyed little to no success in the new millennium. The last Montreal Canadiens championship season was in 1992–93.
The Montreal Canadiens were Stanley Cup winners in the following seasons:
Toronto Maple Leafs: 13 Stanley Cups
The Toronto Maple Leafs were founded in 1917 and are an Original Six NHL team.
The Leafs’ 13 Stanley Cup titles include two dynasties, from 1947 to 1951, and again from 1962 to 1967. However, that 1967 win was the last time the Toronto Maple Leafs won the Stanley Cup. That 54-season drought is the longest in the NHL.
The Maple Leafs were Stanley Cup winners in the following seasons:
Detroit Red Wings: 11 Stanley Cups
The Red Wings were founded in 1926 and are an Original Six NHL team.
The team’s 11 Stanley Cup wins include four with legend Gordie Howe leading the team and three with Steve Yzerman as captain.
The Red Wings were Stanley Cup winners in the following seasons:
Boston Bruins and Chicago Blackhawks: Six Stanley Cups
Both Boston and Chicago are tied for fourth with six Stanley Cup wins apiece.
The Bruins ended a 39-year Stanley Cup drought with a championship in the 2010–11 season. The Bruins were Stanley Cup winners in the following seasons: 1928–29, 1938–39, 1940–41, 1969–70, 1971–72, and 2010–11.
The Blackhawks‘ last Stanley Cup Finals win came in 2015 and marked the team’s third title in six seasons. The Blackhawks were Stanley Cup winners in the following seasons:
Edmonton Oilers and Pittsburgh Penguins: Five Stanley Cups
Both Edmonton and Pittsburgh have five Stanley Cup Wins.
The Oilers won five Stanley Cups in seven years in the 1980s, mostly behind the play of NHL legend Wayne Gretzky. However, the team traded Gretzky to the Los Angeles Kings in 1988 and won that fifth Stanley Cup in 1990.
The Oilers were Stanley Cup winners in the following seasons:
The Penguins won back-to-back Stanley Cups in the early 1990s behind the play of NHL legend Mario Lemieux. They’ve won three more in the new millennium, including back-to-back titles in 2015–16 and 2016–17, with Sidney Crosby at the forefront.
The Penguins were Stanley Cup winners in the following seasons:
Recent longshots to win the Stanley Cup
Longshots winning, or at least getting to the Stanley Cup Finals, has become a regular occurrence in the NHL. Here’s a look at five recent NHL Stanley Cup longshots who have managed to shock the hockey world:
1. St. Louis Blues: 2018-19
A year after the Las Vegas Golden Knights played Stanley Cup Cinderella, it was the St. Louis Blues‘ turn. This time, the glass slipper fit.
The Blues won the Stanley Cup for the first time in franchise history, even though they were in the last place in the league as late as January 2019 and 250-1 longshots to win the title at the time.
The team rallied to make the NHL Playoffs, won two Game 7s in the process to advance to the Stanley Cup Finals, and beat the Boston Bruins in seven games.
2. Pittsburgh Penguins: 2015-16
Having fired their coach a third of the way into the season, the Pittsburgh Penguins were 14-1 longshots to win the Stanley Cup at the start of the NHL Playoffs in 2016.
The team still managed to earn the No. 2 seed in the Eastern Conference, but that meant a matchup against the New York Rangers, the team that had knocked them out of the NHL Playoffs the past two seasons. They beat the Rangers in five games, a Presidents’ Trophy-winning Washington Capitals team in six games, and then survived a Game 7 against the Tampa Bay Lightning in the Eastern Conference Finals to move on to the Stanley Cup Finals.
The Penguins beat the San Jose Sharks in six to win the franchise’s fourth Stanley Cup. They repeated the next year, but their odds were significantly lower.
3. Los Angeles Kings: 2011-12
The 2011–12 Los Angeles Kings were the eighth seed in the Western Conference Playoffs and 17-1 longshots to win the Stanley Cup.
However, the team captured its first Stanley Cup Championship beating the Conference’s first, second and third seeds before handling the New Jersey Devils in the Stanley Cup Finals. The Kings only lost four games the whole playoffs, including two in the Stanley Cup Finals.
4. Boston Bruins: 2010-11
A year before Los Angeles’ surprise, the Boston Bruins broke a drought as the third seed in the Eastern Conference and 17-1 longshots to win the Stanley Cup.
The Bruins beat longtime rival and sixth-seeded Montreal in the first round, even after losing the first two games at home. They won the series in overtime in Game 7 before sweeping the second-seeded Philadelphia Flyers.
The Bruins won the Eastern Conference Finals in seven games over the Tampa Bay Lightning and faced a Presidents’ Trophy-winning Vancouver Canucks team in the Stanley Cup finals.
Vancouver went up 2–0, but Boston won two games, lost game five, and forced a Game 7 with a Game 6 win. Finally, the Bruins ended a 39-year Stanley Cup drought by winning Game 7 4-0.
The biggest upsets in NHL playoff history
The 2011-12 Vancouver Canucks were serious contenders to win the Stanley Cup. The team won its second consecutive Presidents’ Trophy on the final day of the regular season and started the NHL Playoffs as the No. 1 seed.
They won just one of five games against the Los Angeles Kings, however, and were bounced out of the first round of the playoffs in what was considered a huge upset at the time. The Kings went on to win the Stanley Cup as a huge longshot.
The 2009-2010 Washington Capitals were an offensive juggernaut that won the President’s Trophy. The Canadiens barely qualified for the NHL Playoffs.
However, Montreal won Game 1 and almost won Game 2. The Capitals made it three in a row and 3-1 in the series by winning both games in Montreal, but the Canadiens survived Games 5 and 6. Then, Montreal became the first No. 8 seed to come back from a 3-1 deficit to defeat a No. 1 seed by winning Game 7 in Washington.
The Canadiens also beat defending champion Pittsburgh and superstar Sidney Crosby in seven games, but the Cinderella story ended with an Eastern Conference finals loss to the Philadelphia Flyers.
The 2002-03 Colorado Avalanche was a team full of stars — Joe Sakic, Peter Forsberg, Adam Foote, and Patrick Roy. The No. 6-seeded Wild team they would face in the first round was full of unsung heroes, given the expansion franchise was making its first playoff appearance.
The Wild took Game 1, but it was 3-1 Avalanche before they would respond to take the series in a Game 7 overtime thriller.
The Oilers had only lost 17 games heading into the NHL Playoffs thi particular season. The Kings were a sub-.500 team.
Consider that the Oilers also had peak-Wayne Gretzky with 212 points (Oilers: Mark Messier, Paul Coffey, and Grant Fuhr). The Kings had Marcel Dionne and not much else.
The teams split the first two games before The Miracle on Manchester happened.
At their home rink on Manchester Boulevard, the Kings were down 5-0 late in the second period of Game 3.
They scored three goals to get within two, and cut the lead to one after the Oilers took a five-minute major in the third period. The Kings later tied the game with five seconds left and won it in overtime.
The game marked the largest comeback in NHL Playoff history, and the Kings used the momentum from it to eliminate the Oilers in Game 4.
2005-06 Oilers-Red Wings
The Oilers dominated the 1980s, but unfortunately for that franchise, not much else. By the time the 2005-06 season rolled around, the team hadn’t won a playoff series in eight years.
The Red Wings had the best regular-season record in the league and a roster full of legends including Steve Yzerman, Brendan Shanahan and Chris Chelios.
The No. 8-seeded Oilers weren’t bad, but they weren’t legends. The teams split the first four games, and goalie Dwayne Roloson backstopped the Oilers to a surprise Game 5 win.
The Oilers got down 2-0 in Game 6 but tied it up. The Wings went ahead 3-2, but the Oilers tied it again and went on to win it with just over a minute left in regulation.
Consequently, it was Yzerman’s last game. Meanwhile, the Oilers went all the way to the Stanley Cup Finals but lost to the Carolina Hurricanes in seven games.
Michigan sportsbooks set NHL Stanley Cup futures odds based on a variety of factors, including team history, recent performance, roster changes and real-time statistics. Las Vegas sportsbooks do the same, so chances are the Stanley Cup betting lines will be quite similar.
Differences can be found when either a Michigan or Las Vegas sportsbook alters its lines based on heavy betting on one team or another.
The Detroit Red Wings have won 11 Stanley Cups, including four with legend Gordie Howe leading the team and three spearheaded by Steve Yzerman.
The Red Wings won Stanley Cups in 1935–36, 1936–37, 1942–43, 1949–50, 1951–52, 1953–54, 1954–55, 1996–97, 1997–98, 2001–02, and 2007–08.
NHL futures give you the chance to bet on who you think will win the Stanley Cup throughout the offseason, preseason and regular season. Michigan sportsbooks adjust the Stanley Cup betting odds throughout the year, alongside a team’s chances of winning it all.
The NHL Playoffs traditionally feature best-of-seven series through all four rounds, including the Stanley Cup Finals. That means a series can be as few as four games or as many as seven. The first team to win four moves on, or in the case of the Stanley Cup Finals, wins the title.
The team with the better regular-season record enjoys a home-ice advantage for the Stanley Cup Finals. That means Games 1, 2, 5, and 7 will be played in their home arena, and they will travel for Games 3, 4, and 6.
Only seven teams have won back-to-back Stanley Cups. This list includes the Montreal Canadiens, Detroit Red Wings, Toronto Maple Leafs, Philadelphia Flyers, New York Islanders, Edmonton Oilers and most recently the Pittsburgh Penguins. That would suggest it’s a bit of a longshot that any team will repeat as a Stanley Cup champion.
However, of the 20 teams that have won a Stanley Cup, 13 have won more than one, and only seven just one. That makes it a good bet that the team that win the next Stanley Cup will have won a Stanley Cup previously.