Stanley Cup Odds

The Stanley Cup Playoffs feature some of the most thrilling action in all of sports. Why not enhance the excitement with a little betting action? The expansion of sports betting throughout the US is bringing more eyes to the NHL, and the league is full of superstar players and teams — but only one franchise can be Stanley Cup Champions at the end of the season.

Sportsbooks and their respective mobile apps employ professionals who set Stanley Cup odds at the very beginning of the offseason and proceed to adjust them throughout the regular season and playoffs. Here’s what you need to know about betting on the NHL and the Stanley Cup in Maryland.

Current Stanley Cup Odds

The NHL Playoffs begin with 16 teams in the hunt for the Stanley Cup. While the odds for the Stanley Cup Final will often be similar across various sportsbook apps, bettors are encouraged to utilize multiple sportsbooks to find the best odds on the team(s) they want to wager on. The best way to find the current Stanley Cup odds is to go to the NHL futures section of an online sportsbook like DraftKings.

Along with Stanley Cup odds, hockey fans can bet on individual regular season and Stanley Cup Playoffs games. Popular wagers include moneylines, puck lines (spreads), game totals, player props, and parlays.

How Stanley Cup Odds Are Calculated

Stanley Cup futures odds are set by professional oddsmakers at the beginning of the offseason. They can then fluctuate throughout the course of the offseason, regular season, and playoffs. Instances such as trades, free agent signings, and injuries can encourage a substantial shift in odds.

Events like a short-term injury or absence will also force an odds shift for an individual game. For example, if the Capitals open as short -105 favorites ahead of a matchup but lose a key player to injury before the puck drops, the odds may shift to +105. But if the player returns shortly after the absence and is still in top form, the team’s futures odds are unlikely to be significantly affected.

Where Can I Bet On The Stanley Cup Online In Maryland?

Those who live in states like Maryland that have legalized and launched online sports betting can place wagers through a number of sportsbook apps or through a sportsbook’s website. While not every sportsbook app will be available in each state that has legalized and launched online sports betting, most states will have multiple apps operating within their borders. Prospective bettors should not have an issue finding odds for the Stanley Cup Playoffs.

Here are some of the best online sportsbook options in Maryland and their welcome offers.

DraftKings Sportsbook Maryland

  • Available platforms: Both iOS and Android users can find the app in each operator’s respective app store. Bettors can also make wagers on the DraftKings website. 

Caesars Maryland

  • Bonus offer: New Caesars Maryland users can get up to $1,500 back as a free bet (with $101 wager or higher) or get a $100 free bet (with $100 wager or less – $20 minimum) depending on how much the initial wager is. Use code SHARPBETPICS.
  • Available platforms: Caesars is available on Android, iOS, and desktop.

BetMGM Maryland

  • Available platforms: BetMGM is available on Android, iOS, and desktop.

FanDuel Sportsbook Maryland

  • Available platforms: Users of both iOS and Android can find the app in each operator’s respective app store, and they can also place bets on their desktop device through the FanDuel website.

      PointsBet Maryland

      • Available platforms: PointsBet is available on Android, iOS, and desktop.

        BetRivers Sportsbook Maryland

        • Bonus offer: BetRivers Sportsbook doesn’t rely on its bonus offer to maintain its place within the industry. Still, those new to the app are entitled to a second-chance free bet up to $500 using code SHARPRIV.
        • Available platforms: BetRivers is available on Android, iOS, and desktop.

        How To Place Stanley Cup Finals Bets In Maryland

        Sports bets in Maryland can be placed online with a sports betting app or in person at one of the following locations:

        • Horseshoe Casino Baltimore
        • MGM National Harbor
        • Maryland Live! Casino & Hotel
        • Hollywood Casino Perryville
        • Ocean Downs Casino
        • Bingo World Baltimore

        Now that online sports betting in Maryland is available, follow these steps to get started with mobile betting:

        It may sound overly simple, but the first thing a Maryland bettor who wants to bet on the Stanley Cup needs to do is decide on a sportsbook app. It’s recommended that bettors utilize multiple apps in their rotation to find the best odds for the team on which they’re wagering.

        No matter the sportsbook app a bettor chooses, they will need to register an account. Apps require users to provide personal information to verify location and identity. Don’t be alarmed here! It can be natural to feel hesitant about providing these personal credentials, but it’s a necessary step for new bettors.

        Those who are hesitant should consider that the sportsbook apps are approved and regulated by each state’s government. And the experience is ultimately safer and more secure than alternative illegal methods.

        Once users have completed the registration process, they are ready to make an initial deposit. Be sure to understand what a sportsbook’s bonus offer is before depositing money. Bonus offers are typically reserved for an initial offer, so bettors will only have one chance to claim its full value.

        Deposit and withdrawal options vary across sportsbooks, but most allow transactions via bank transfers, credit and debit cards, Play+ cards, VIP Preferred e-checks, and PayPal. While a deposit is available immediately, don’t be alarmed if a withdrawal takes up to three to five business days.

        NHL Stanley Cup Odds And Betting in Maryland

        Betting on individual games is a popular way for fans to engage more deeply in the action. However, there are other popular wagers that bettors can consider. Futures bets and prop bets are both prominent within the industry. Here’s what you need to know about these two types of bets.

        What Is An NHL Stanley Cup Futures Bet?

        Futures odds involve the chances of a team winning that season’s championship. In the case of the Stanley Cup, the next season’s initial odds are posted immediately following the crowning of that season’s Stanley Cup champion. These odds fluctuate throughout the offseason and season due to a variety of factors.

        The offseason is when bettors may see some of the most significant shifts in odds as teams address their weaknesses, bolster their strengths, or lose a number of key players. However, in-season occurrences like a significant injury or blockbuster trade can warrant a significant shift in the chances that oddsmakers are pinning to individual teams.

        Futures odds require more significant events to move the line than money line odds. For example, if FanDuel Sportsbook lists the Washington Capitals as +2200 to win the Stanley Cup, a couple of losses or a minor injury — even to a star player — typically won’t result in longer odds. Futures bets are also available for major awards like the Hart Trophy, which is given to the MVP of the NHL each season.

        What Is An NHL Prop Bet?

        Prop bets can be a lot of fun for bettors who are looking for ways to enjoy the action beyond wins and losses. Prop bets are based on the occurrence of a particular event and can be focused on a team or an individual player. Bettors may place a wager on which team wins the opening faceoff, for example. Or they may bet on how many saves a goalie will have in the game. 

        Strategies For Stanley Cup Betting in Maryland

        There are plenty of strategies for bettors to consider, both for general sports bettors and those specifically interested in the NHL and the Stanley Cup.

        One of the best strategies for successful bettors is to utilize multiple sportsbooks to find the best price. Even though odds are often similar among sportsbooks, those vigilant about shopping around for different odds can often find more favorable odds for the team(s) they want to wager on.

        Another skill that bettors should develop is the ability to understand the source of bets. Oddsmakers adjust numbers not only based on how much money comes on a certain side but also the specific bettors that are making the wagers. A “sharp” bettor who lays $1,000 on the favorite is more likely to influence a sportsbook’s odds than the same bet from the “public.”

        And finally, while it may not be a particularly fun strategy, responsible gambling is arguably the most important. Bettors want to be sure that they are wagering within their means. It’s far easier to land in financial hot water than it is to become rich from betting.

        Stanley Cup Betting Odds FAQs

        Is betting on the Stanley Cup legal in the US and in Maryland?

        Yes. Betting on the Stanley Cup is legal in the states in which legalized sports betting has launched. The list of states in which sports gambling is legal is growing, and Maryland has joined with mobile and retail betting available in 2022. 

        Where can I bet on the Stanley Cup online in Maryland?

        Sportsbook apps and websites that launch in Maryland will offer Stanley Cup odds, so prospective bettors won’t have difficulty placing wagers on the Washington Capitals or any other NHL team. Most sports betting apps divide wagers by sport, so all you have to do is find the NHL odds section to place bets on the Stanley Cup.

        How old do I need to be to bet on the Stanley Cup?

        A bettor needs to be 21 years old to place a bet on the Stanley Cup or any other sporting event featured on a sportsbook in Maryland. 

        Is it safe to place a Stanley Cup bet online?

        Betting through legal online sportsbook apps is the safest way to place a Stanley Cup bet online. These apps, including DraftKings, are licensed and regulated by the state and provide security and service to bettors that they won’t find through illegal measures. Bettors should stay away from illegal and offshore betting sites, as they offer little to no security for your money and personal information.

        Do online sportsbooks offer live betting during the Stanley Cup Playoffs?

        Many sportsbook apps offer live betting among their features. Bettors can utilize live betting during the Stanley Cup Playoffs.

        What kind of prop bets are there for the Stanley Cup Playoffs?

        Prop bets can be found for teams and individual players during the Stanley Cup Playoffs. An example of a team prop bet may be which team scores first. Another example might be a bet on whether one team scores over or under a certain number of goals. Player-specific prop bets include goals, assists, shots on goal, or saves. 

        Can I bet on events happening off the ice?

        While it’s not totally uncommon for bets to be available for off-the-ice events — think the over/under on the length of the national anthem prior to the Super Bowl — these types of bets are most frequent during large one-off events. Hockey bettors may have more luck finding these novel off-the-ice bets for the All-Star game than the Stanley Cup.

        What are the current Stanley Cup odds?

        The best way to find the current Stanley Cup odds is to visit the NHL futures section of an online sportsbook like DraftKings.

        About the Author

        Craig Williams

        Craig Williams is a Charlotte-based sportswriter who has worked professionally in the gaming, fantasy, and sports business industries. He’s an avid fantasy football player, managing over 100 leagues across multiple formats. When he’s not pouring over Vegas odds and statistics, he’s indulging in soccer and enjoys anything from LigaMX to Champions League.