NHL live betting is becoming very popular with the rise of online sportsbooks. You can wager on each period line and watch the action happen live. NHL Playoff Predictions 2020/21. In addition to free NHL regular season picks, we also provide a detailed breakdown of every single matchup in the postseason. Similar to our Puck-line and 1st Period Odds, every contest on the board shows the Odds, Date and Time of the National Hockey League contests on the slate. Hockey will list Favorites and Underdogs for that day's slate of games. The Money Line Odds will list the favorite with a (-) symbol, while the underdogs will be shown with a (+) symbol.

2020-2021 Season

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The Tampa Bay Lightning were victorious in the 2019-20 Stanley Cup Playoffs, outplaying and outlasting an expanded playoff field in the bubble cities of Toronto and Edmonton. The cream rose to the top in the unprecedented times, as the Lightning opened as Stanley Cup betting favorites following the conclusion of the 2018-19 NHL playoffs. Fresh off the franchise’s second Stanley Cup victory, the Lightning are third by the betting odds at most of the top US sportsbooks to raise the Stanley Cup again in 2021.

The Lightning were co-favorites with the Boston Bruins at +650 when the NHL returned to play in August. They began the restart second in the Eastern Conference by point percentage through an abbreviated 70 regular-season games. They then finished second in the round-robin tournament, and beat the Columbus Blue Jackets, Bruins, New York Islanders, and Dallas Stars en route to the cup.

Shortly after the Lightning’s Game 6 win, the Colorado Avalanche opened as betting favorites for the 2020-21 Stanley Cup. It’s a position they still hold after the 2020 NHL Entry Draft and the opening wave of free agency, in which general manager Joe Sakic did little outside of the trade acquisition of W Brandon Saad.

Free agency thrust the Vegas Golden Knights into second place by the odds. They landed one of the biggest free-agent fish in D Alex Pietrangelo and were also able to re-sign G Robin Lehner. The New York Rangers, who selected LW Alex Lafreniere first overall in the draft, are mid-range contenders by the betting odds. They finished 11th in the East by point percentage and were swept out of the best-of-5 qualifying round by the Carolina Hurricanes.

Little is known about the 2020-21 NHL season, other than it’s expected to begin on or around Jan. 1, 2021.

2021 Stanley Cup odds

Who is favored to win the 2021 Stanley Cup?

The Avalanche opened as betting favorites to win the 2021 Stanley Cup at both DraftKings Sportsbook and FanDuel Sportsbook. It’s unknown how long they’ll need to wait to start the season, but they return their same corps along with the addition of Saad. They have several young prospects on defense ready to make the jump to the NHL.

The Golden Knights, who were considerably more active in free agency, are second by the NHL futures odds at both books. Both teams were eliminated by the West Conference champion Dallas Stars in the 2019-20 playoffs. Dallas is a mid-range betting favorite for 2021 at odds of +2000 or higher.

NHL playoffs odds and betting trends

There have been just seven different Stanley Cup winners in the last 11 years with the Blackhawks winning thrice, and the Penguins and Kings each winning twice. Since the canceled 2004-05 season, there have been 10 different teams raise the Cup.

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Of the 10 teams to win the Cup since the 2004-05 lockout, only the Hurricanes (2005-06) and Blues (2018-19) have won after missing the playoffs the previous season.

NHL playoffs odds: How to bet the Stanley Cup Playoffs

NHL playoffs odds and futures lines have been adjusted throughout the year after opening last offseason. Odds have risen and fallen to reflect the standings as underdogs and favorites change place amid losing and winning streaks. The sportsbooks have now reset those odds for the unprecedented 24-team format.

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The odds to win the Stanley Cup are always the main draw. The Bruins and Lightning were the favorites when the NHL returned to play this past summer, as both had +650 odds to raise the Cup. If you bet on the Lightning in early August, it would have returned a profit of $65 on a $10 bet.

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Game lines will include over/unders for goal totals typically ranging from 5 to 6,.5 with odds typically from -120 to +120 on either side. A spread or puck line of +/- 1.5 will handicap the favorites by asking if they’ll win by 1 or more goals. Odds are commonly set at -110 for both teams, whereas a moneyline could price the favorites at a much chalkier -250 with an underdog at +200 or higher to win the game outright.

Player props will be released closer to the beginning of the postseason. These will include a pool of contenders to win the Conn Smythe Trophy as MVP of the playoffs. Odds can range from +100 to +10000 and will reflect both a player’s point production and abilities, and the chances of his team winning the Stanley Cup. Game props will ask simple Yes/No questions such as whether they’ll score a goal or be expressed as an over/under line for how many shots on goal they’ll register or saves a goalie will make.