The NHL Playoffs are the coveted post-season tournament held after the NHL season wraps up each year. The best-of-seven elimination tournament crowns the Eastern and Western Conference Champions, who then go on to the Stanley Cup Finals in June.

Each year, the NHL Playoffs provide sports bettors with some great opportunities to bet on elite-level games – upping the ante, and providing added challenges to sports bettor’s strategies due to the high level and close competition. Each game provides opportunities for upsets, so bettors need to really dig in and research their NHL Playoffs betting strategy.

The top four teams in each conference have a bye to the NHL Playoffs and will play a round-robin to determine the top four seeds for the first round. The remaining teams will participate in a best-of-five series.

NHL Playoffs

Odds to Win the Stanley Cup 2024

The NHL Playoff odds to win the Championship are available and subject to change. The NHL Playoff odds 2024 were last updated on June 3, 2024:

NHL Stanley Cup Winners Odds 2024 Bovada BetOnline BetUS
Edmonton Oilers +105 +105 +110
Florida Panthers -130 -125 -125

2024 NHL Playoffs Betting

When it comes to NHL Playoff betting, we need to go through the different betting types and create a betting strategy for the 2024 NHL Playoff season. While this year proves to be a bit different, we can first take a look at what teams are in each conference and how they measure up.

There are currently NHL odds to make the Playoffs and odds for the winner of each division. These are called NHL Playoff futures and are made available months in advance.

The odds to make the NHL Playoffs is a very popular market and draws the attention of bettors from across the globe, as the postseason is by the far the most exciting part of the season.


NHL Playoffs Betting

Betting Options During the NHL Playoffs

NHL Playoffs Moneyline Betting

By far, the moneyline is the most popular betting type in any sport, and betting the moneyline during the NBA Playoffs can prove to be a bit riskier. but all the more exciting. When betting the moneyline, all you have to do is to choose which team you think will win the game. It doesn’t get much more simple than that. There will be moneyline odds on all games in the playoffs, so you can place a moneyline wager on any or all NHL Playoff games.

NHL Playoffs Puckline Betting

While puck lines or point spreads are a little more complicated, betting the point spreads during the NHL Playoffs can prove to be a smarter option if you aren’t doing well with your moneyline bets. When seeding a first-place team against an 8th place team, you will see obvious underdogs and the puck line may seem high, so you could get some good value betting on the underdog. This also leaves huge opportunities for upsets, which as you know, will pay out the big bucks.

If the spread is +3.5/-3.5, that means that the underdog will have to win the game or lose by less than 3. If you pick the favorite, they will have to win by more than 4 points.

NHL Playoffs Totals Betting

Totals aren’t as popular when it comes to betting on the NHL Playoffs because most bettors want to predict the winner of the matchup for the fun and glory of it. For the totals, or over/under as it’s commonly called, you will need to decide if the total combined points for both teams in a single game will be over or under the oddsmaker’s line. If the total is 11, you will need to decide if you think both teams will score more or less than that amount collectively.

NHL Playoff Prop Betting

NHL prop betting is a fun and exciting way to make some extra cash on random and unique happenings during the NHL Playoff tournament. There are countless NHL Playoff props to bet on during the tournament, and many are already active right now.

NHL Prop bets allow you to bet on things that don’t affect the outcome of the games. You can bet on player props, which is most common. Or, things like how many games a certain team will win the series in, like “Blues in 5”.

Depending on which sportsbook you use, they will have a great assortment of NHL Playoff props for you to bet on leading up to and during the tournament.

NHL Playoffs predictions

2024 NHL Playoffs Format

We still do not know exactly how the 32 teams across the Eastern and Western Conferences will make it or not to the NHL Playoffs. With the new team Seattle Kraken in the play, and a return to a post-pandemic structure, anything could happen.

NHL Playoffs sportsbooks

Top Online Sportsbooks for Betting on the NHL Playoffs

Now that you have a better idea of how to bet on the NHL Playoff odds and popular betting options you can take advantage of during the tournament, it’s time to choose a sportsbook to place your wagers at. We know it can be overwhelming to see so many online sportsbooks and stressful to try to choose the best one.

Luckily we have plenty of online sportsbook reviews to ensure you select one that’s safe, secure and has plenty of NHL Playoff odds to choose from. Reviews help by showing you some important criteria you may overlook, like deposit and withdrawal options, deposit minimums and maximums, and whether or not they have NHL Playoff bonuses.

Remember to have fun betting on the 2024 NHL Playoffs, and as always, gamble responsibly.

NHL Playoff FAQs

Meet the author

Eric Uribe

Eric has been passionate about sports since he was 10 years old. He brings over 10 years of sports journalism experience to his expert coverage of sports betting. Hailing from the US, Eric leverages his diverse expertise covering sports at all levels – from high schoo...