Today’s NHL Odds & Betting Lines

for Nov 20, 2024Money Line
Odds Format

NHL Odds

Wednesday, November 20, 2024

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NHL Stanley Cup odds 2024-25

The battle for hockey supremacy takes dramatic twists and turns each season. Here's a look at the latest 2024-25 Stanley Cup odds for the top 10 teams (odds updated Nov. 26):

TeamOddsImplied ProbabilityProfit on $10 Bet
Edmonton Oilers+80011.11%$80
Dallas Stars+90010.00%$90
Carolina Hurricanes+10009.09%$100
Florida Panthers+10009.09%$100
New York Rangers+12007.69%$120
New Jersey Devils+13007.14%$130
Toronto Maple Leafs+13007.14%$130
Colorado Avalanche+13007.14%$130
Vegas Golden Knights+14006.67%$140
Tampa Bay Lightning+18005.26%$180

Popular NHL futures odds

Betting on who will take home the most prestigious trophy in professional sports is certainly fun – but there are so many other NHL futures markets to check out, as well. Here's a look at what Sportsbook Review has to offer on these exciting offerings:

How to use our NHL odds tables

It doesn't matter what skill level you are – there's always value in checking out our NHL best bets, as we break down the best picks across hundreds of games each season.

Still, when it comes to improving your betting proficiency, it pays to walk before you skate. And that means doing whatever you can to understand odds tables. Our NHL odds page showcases top-rated sportsbooks in your area, offering the most up-to-date odds for every game and futures market.

Want to gain an instant advantage? Keep an eye out for odds highlighted in blue—they mark the best value for a particular wager.

Each set of game odds also features three important additional features:

  • The Favorite feature (indicated by a star to the left of the team names) lets bettors prioritize specific matchups on their main Odds page; simply click the star, and that game becomes a favorite.
  • The Matchup feature (indicated by the word "Matchup" to the right of the star) is a stathead's delight, transporting interested bettors to a page fully devoted to trends, comparisons and other game details for the game in question. Best of all, the Matchup page includes the best values for spread, total and moneyline plays.
  • The Odds History feature (indicated by parallel wavy lines to the right of the Matchup link) takes bettors through every major odds development since the lines first opened. Players can alternate between a variety of sportsbooks and quickly identify every time the spread or total shifted.

How to read NHL odds

NHL odds can seem daunting to the uninitiated, but we’re here to make life easier for you. Here’s a quick guide to understanding NHL odds:

In moneyline betting, you'll typically see a favorite (the team expected to win) and an underdog (the team expected to lose). The favorite will have odds with a minus sign, like -150. This means you need to bet $150 to win $100, as the favorite is considered a safer pick. On the other hand, if the underdog has +125 odds, a $100 bet would win you $125, since it’s a riskier play according to oddsmakers.

When it comes to puck lines and totals, you'll often see odds at -110, which is common for NHL bets considered more of a toss-up. In this case, you would wager $110 to win $100, and the payout is the same regardless of which side you pick. The reason the odds aren’t exactly even is due to the “vig” – the small cut sportsbooks take for accepting the bet.

For more details on moneylines, puck lines, and totals, check out the next section.

How to Bet on the NHL

The NHL offers 1,312 regular-season games along with a full docket of playoff matchups before finally crowning a champion in late June. And each game provides a wide variety of betting opportunities, from pre-game to in-game markets. Here’s a breakdown of the main types of NHL bets:

Puck Line Betting

The run line is hockey's version of the point spread. It’s typically set at 1.5 goals to balance the odds between two teams. If you bet on the favorite at -1.5, it must win by two or more goals for your bet to cash. Conversely, if you bet on the underdog at +1.5, it just needs to lose by one goal or win outright.

Moneyline Betting

Moneyline betting is straightforward: you pick the team you think will win the game, regardless of the margin. However, payouts vary. Betting on a heavy favorite will require a larger wager for a smaller return, while betting on an underdog offers higher payouts but with greater risk.

Our comprehensive guide to moneyline betting answers a lot of additional questions novice players might have about this bet type.

Totals (Over/Under) Betting

In totals betting, you wager on whether the total number of runs scored in the game will be over or under the line set by the sportsbook. Sportsbooks also offer totals betting for individual team stats, such as total goals or shots on goal, and even player-specific totals.

Looking for more? Check out our guide to over/under betting.

Prop Betting

Prop bets focus on specific in-game outcomes rather than the overall result. You can bet on individual player performances (e.g., how many saves a goaltender will make) or team milestones. With countless options per game, prop betting is ideal for fans who follow specific aspects of the sport closely.

Having access to multiple prop betting sites is an easy way to ensure that you're always getting the best NHL player props each day with the best possible odds for a given prop bet.

Parlay Betting

A parlay combines multiple bets into one, offering higher payouts but requiring all your selections to win. In the NHL, you can parlay multiple games or even different bets within the same game (same-game parlays). While parlays are popular, they are also riskier, as one wrong outcome means the entire bet loses.

Our guide to parlay betting provides more info on parlay bet types, how to understand parlay odds, and strategies for parlay wagering.

Futures Betting

Futures bets allow you to wager on season-long outcomes, like picking the Stanley Cup champion or individual awards. These bets can be made months in advance, and many sportsbooks now offer the option to cash out early if the odds shift in your favor.

How to choose NHL betting sites

Knowing hockey is only part of what will make you a successful NHL bettor.

Just like making any important purchase, shopping around for the friendliest NHL odds can make a huge difference. Here are some tips to help you find the best NHL betting sites:

  • Prioritize quality of odds: You want access to sportsbooks that consistently offer the best NHL odds, with clear displays so you can easily compare prices and find the best value.
  • Leverage bonus offers: Take advantage of the best sportsbook promos, especially at the start of the NHL season and/or playoffs. BetMGM bonus code, FanDuel promo code and DraftKings promo code offers are among the strongest you'll find.
  • Consider sportsbook reputation: Selecting the right sportsbook can be daunting. Check their commitment to customer safety and responsible gaming. Our responsible gaming guide highlights how major sportsbooks prioritize player protection.
  • Trust expert reviews (like ours): If you're unsure about a sportsbook, let expert reviews guide you. Sportsbook Review has tested and rated dozens of top NHL betting sites, so whether you're keen on finding the best parlay betting sites or looking for a review of a top-tier platform like bet365, we have you covered.

Promos for NHL Betting

Want to get in on the action? Check out our guides covering the best sportsbook promos and welcome bonuses from the best sportsbooks and betting sites in the industry:

 We also have the best sportsbook promos by state, including Ohio sportsbook promo codesColorado sportsbook promo codesPA sportsbook promo codes and NJ sportsbook promo codes.  

FAQs

It is a simple wager on which team will win an NHL faceoff. The bookmakers assign odds to each team depending on their relative strengths and weaknesses. You simply predict which team will win, choose the amount you wish to bet and enjoy the action.

It is a puck line bet in which the moneyline favorite is given a 1.5-goal handicap. This allows you to earn higher odds by betting on the favorite or cover yourself when betting on the underdog. You will find NHL daily lines offering this form of pro hockey wagering. Check out NHL consensus picks to see which team the betting public thinks will cover the spread. For additional reading, SBR also offers more Sports Picks, including NFL Predictions and NBA Picks.

NHL Las Vegas odds are widely publicized online, as NHL Vegas odds have been popular for many years, but there are hundreds of sportsbooks offering betting markets alongside the NHL lines Vegas books promote.

They either start with a plus or a minus. A plus sign tells you the amount you stand to win from a $100 wager, whereas a minus tells you the amount you need to wager to win $100.