Betting on the Stanley Cup is one of the most popular ways to gamble on hockey. The Stanley Cup is the most honored trophy in the field, and winning it is the ultimate goal of every team. There are a lot of factors that go into winning a Stanley Cup bet, but there are some insider tips that can help you increase your chances of winning.
So whether you’re a casual bettor or a serious gambler, here are seven insider tips to help you win your Stanley Cup bet:
Know the teams
The first step to winning any sports bet is to do your homework and know the teams you’re betting on. It is especially true for the Stanley Cup, as there are 32 teams in the NHL, and each team has its strengths and weaknesses.
You should familiarize yourself with each team’s recent performance, their goals for the season, and any key injuries that could impact their Stanley Cup chances. The more you know about the teams, the better equipped you’ll be to make an informed Stanley Cup bet.
Understand Stanley Cup odds
The Stanley Cup Odds are set by oddsmakers, and they can fluctuate throughout the Stanley Cup playoffs. It’s essential to understand how the odds work before placing a bet. The odds are usually expressed in the form of a money line. For example, if Team A is listed at +200 and Team B is listed at -250, that means Team A is an underdog, and Team B is a favorite.
If you bet $100 on Team A and they win the Stanley Cup, you would profit $200. However, if you bet $100 on Team B and they win the Stanley Cup, you would only profit $40. The higher the odds for a team, the more risk there is in betting on them. But as we all know, sometimes the biggest risks can lead to the most significant rewards.
Consider the Stanley Cup format
The Stanley Cup is a best-of-seven series, so it’s essential to consider how each team has fared in seven-game series in the past. For example, a team that’s been excellent in the regular season but has struggled in seven-game playoff series is likely a riskier Stanley Cup bet than a team that’s been mediocre in the regular season but has found success in seven-game playoff series.
If you’re not familiar with the Stanley Cup format, it’s worth doing some research to understand how it works and how it could impact your Stanley Cup bet. So if you don’t know the difference between a best-of-five series and a best-of-seven series, now is the time to learn.
Check the schedule
The schedule for the Stanley Cup playoffs is released before the playoffs start, so you can check it in advance and see if there are any potential scheduling advantages or disadvantages for the teams you’re considering betting on.
For example, if one team had just finished a gruelling seven-game series while another had rest after a short four- or five-game cruise to the next round, that could be a factor to consider when placing your Stanley Cup bet.
Pay attention to injuries
Injuries are always a factor in any sport, but they can be especially impactful in the Stanley Cup playoffs. A key player getting hurt could swing the entire series, so it’s essential to stay up-to-date on the injury status of all the players on the teams you’re considering betting on.
The last thing you want is to bet on a team and then find out after the fact that one of their best players was injured and didn’t even suit up for the series. So pay attention to injuries and only bet on teams at full strength.
Consider home-ice advantage
So if you’re considering betting on a team playing on the road, it’s worth considering the home-ice advantage. The home team has a distinct advantage in the Stanley Cup playoffs, so you should keep it in mind when making your bets.
The home-ice advantage is a real thing in the Stanley Cup playoffs. In fact, home teams have won nearly 60% of all Stanley Cup games since the playoffs expanded to a best-of-seven format in 1987.
Monitor the line
The odds fluctuate throughout the playoffs, so it’s essential to monitor the line and look for any potential betting opportunities. For example, if a team is a heavy favorite to win the Stanley Cup, but their odds drop significantly after they lose the first two games of the series, that could be a good time to bet on them.
Of course, you also need to be careful of traps. Just because the odds have dropped doesn’t necessarily mean that team is a good value bet. You still need to do your homework and make sure they’re a good bet before putting any money down.
The Stanley Cup is the most coveted prize in hockey, and betting on the playoffs can be a great way to add some extra excitement to the journey. Just remember to do your research, know the risks involved, and only bet what you can afford to lose. By being smart and disciplined with your betting, you can give yourself a chance to profit from the Stanley Cup playoffs.