NHL Betting in Florida – How to Bet on Hockey

Florida is the proud home to two NHL teams: the Florida Panthers and the Tampa Bay Lightning. Both play out of the Atlantic Division of the Eastern Conference. The Panthers are based in Sunrise, Florida, whereas the Lightning’s home is Tampa. The teams and their fans hold a fierce rivalry between each other.

The Panthers are the southernmost team in the NHL and have made a single appearance in the Stanley Cup. Since then, they have qualified for the cup four times, but have not made it past the playoffs first round. In total, they have one championship title and two Division Championship titles.

In comparison, the Lightning, otherwise known as the Bolts, are a much more successful team. They have won the Stanley Cup once during the 2003/4 season. They also have two Conference Championship titles and four Division Championships titles. Plus, the team has won the President’s trophy. The trophy was the Bolt’s most recent victory in 2018/19. 

Unfortunately for Florida residents, the law on sports betting in the state still makes it illegal to bet on sports, either online or offline. You can, however, bet at legal offshore sportsbooks, for those that live in a jurisdiction where sports betting is legal. You can follow Florida’s teams and place wagers on a myriad of hockey betting markets for their next games. 

Below you will find a comprehensive guide on NHL betting. From this, you will be able to discover the latest NHL odds and types of NHL bets. Plus, you get tips on which events to wager on and how to boost your chances of success.

Latest NHL Odds

The 2020 season is going straight into a 24-team playoff format when it resumes. The extension means that eight more teams are scrapping their way into a chance for the Stanley Cup. These teams include: 

  • Arizona Coyotes
  • Chicago Blackhawks
  • Columbus Blue Jackets
  • Florida Panthers
  • Minnesota Wild
  • Montreal Canadiens
  • New York Rangers
  • Winnipeg Jets

The current top four seeded teams from each conference will play a round-robin to determine the seeding for the playoffs. The change in playoff formation and the extension have had a dramatic effect on the odds. However, none of the extension teams hold +5000 or more in the Stanley Cup odds. 

NHL Odds for the Stanley Cup

Some of the latest odds from reputable sportsbooks and oddsmakers are as follows. 

  • +550 = Boston Bruins
  • +600 = Tampa Bay Lightning
  • +750 = Vegas Golden Knights
  • +850 = Colorado Avalanche
  • +1000 = St. Louis Blues
  • +1200 = Washington Capitals (Defending champions)
  • +1200 = Philadelphia Flyers
  • +1500 = Dallas Stars & Pittsburgh Penguins
  • +2500 = Nashville Predators, Edmonton Oilers, & Toronto Maple Leafs
  • +3000 = Calgary Flames
  • +5000 = New York Rangers, Winnipeg Jets, Vancouver Canucks, Arizona Coyotes, & Carolina Hurricanes 
  • +6000 = Columbus Blue Jackets, Florida Panthers, New York Islanders, & Minnesota Wild
  • +10000 = Montreal Canadiens & Chicago Blackhawks 

NHL 2020 Predictions

The latest odds sit the Bruins ahead of the Bolts. Yet, it’s predicted that they are in with a solid chance to bring the cup home this year. They have been a dominant team over the regular season and have racked up two ten-game winning streaks. 

The Bolts took the President’s Trophy last year and accumulated a record-breaking 128 points. Many believe that they are undoubtedly going to hit the playoff ice hard to avenge their previous first-round playoffs loss. The Bolts also have the deepest forward line in the NHL at the moment, making them contenders to keep a close eye on. 

Types of NHL Hockey Bets

There is a vast collection of betting types available to NHL bettors. You will be able to choose between traditional bets and more exotic options across the varied markets before and during an NHL game. Sportsbooks that cover the NHL have adapted some of the world’s most popular betting types to fit the game’s specific rules and objectives. 

Below we will explore the types of Hockey bets you can make on the NHL. 

Point Spread Betting

A point spread bet is one of the most commonly placed wagers in sports betting. The point spread refers to the bookmakers’ prediction on how many points a team will win or lose by. 

Sportsbooks will typically display point spread bet odds before moneyline odds. They are accompanied by a plus or minus sign to signify the favorites vs. the underdogs.

If a team has a point spread of +3.5, for example, they must either win outright or lose by no more than 3.5 points to cover the spread. Alternatively, if a team has a -3.5 point spread, they must win the game by 3.5 points or more for your wager to be a winner. 

Over Under Bets

An over/under bet refers to wagering on the bootmakers’ predicted total of points accumulated by both teams during a game. To place an over bet means you think that the game’s total points will be more than the prediction. Placing an under bet means you believe that the teams will score lower than the bookmakers’ figure.

There are also subcategories to over/under bets. At some sportsbooks, you will be able to wager on specific occurrences in a proposition over under style wager.  

The Money Line

A moneyline bet is another popular choice that can be found throughout all sports. To bet on the money line means to choose an outright winner from a single game. The moneyline aspect refers to the odds set by the bookmaker. These figures will be displayed with a plus or minus sign in front of a number.

For example, if a team has a moneyline odd of -120, it means that they are the favorite to win. To make money from this wager, you must stake $100 to profit $20. On the other hand, if the team has moneyline odds of +120, they are the underdog team. Wins from these wagers are more profitable. In this scenario, your stake of $100 would return $120. 

Puck Line Bets

Puck line bets are fundamentally the same as point spread bets. The puck line, however, is specifically tailored to hockey. Sportsbooks usually set the puck lines spread at plus or minus 1.5 due to the low score rate nature of the game and to not create a push. Puck line betting essentially levels the playing field between the teams. 

Some sportsbooks may offer more exotics variants of puck line betting with a broader spread, and this type of wager can be parlayed in NHL betting. 

Player Props

Player proposition betting, whether placed before play or in-play, offers some of the strongest odds on the market. They have been known to exceed other popular betting options like puck line betting and over under wagers. 

You can place a player proposition bet on many occurrences. These include goals, assists, total points, and shots. There are more exotic player prop bets available at some sportsbook, such as penalties. 

It’s worth noting that player proposition bets cannot be parlayed. They must be individually placed. 

Goalscorer Markets

Goalscorer markets are relatively new to NHL betting in comparison to other major league sports. Despite this, the markets are rapidly growing in popularity. They are an excellent way for novice bettors to place a single wager to spice up the game they’re interested in. 

There are three main goalscorer markets that hockey betting fans shouldn’t ignore. You can wager on which player will be the first or last to score a goal. Alternatively, you don’t have to be that precise. You can also place a bet on a player-specific anytime goal. 

Player points

Another player proposition bet brought to the broadening NHL sports betting market is the player points wager. In this bet, you are putting a stake on if a specific player will gain a point to their statistics. Players can do this by scoring a goal or an assist. 

Most sportsbooks only require you to choose yes or no to the player logging a point. Others may give you the option to select how many points for greater reward. 

Empty Net

Hockey is unique to other sports that use a goalkeeper. When the clock is ticking, and a team lacks goals, the coach can decide to pull the net’s keeper. By doing this, the teams will have an extra body on the ice. It is in these instances that an empty-net goal can occur. 

Betting markets have taken advantage of this oddity, and punters can place wagers on empty-net goals. 

Parlay Bet

A parlay bet is when you combine two or more wagers onto a single betting slip. The wagers selected can include both sides. For your Parlay bet to be successful, all of your wages must win. The more wagers you place, the higher the payout accumulates to be.  


A teaser bet is similar to a parlay because it is a combination of two or more wagers. Like the parley, you must win all of the bets to be able to receive a payout. A teaser bet, however, enables you to ‘tease’ the odds in your favor. You can adjust the odds between the punts you have placed by adding or subtracting points to spreads. 

Teaser bets are not very common in NHL betting because the point spread is already very low. 

The Grand Salami Bet

The grand salami bet refers to placing an over-under wager on the total goals scored that day. The goals are calculated from every NHL game taking place on a single day across the nation. The bookmaker will release the grand salami total, and like a standard over-under bet, you must decide if more or less will be scored. 

First Period Betting

An NHL game consists of three periods of 20 minutes, and the first is always the most action-packed. Therefore another popular sports betting market is first-period betting. Sportsbooks will open up bets for first-period specific outcomes. These include total points scored in the first period and player-specific bets.

Due to the short time frame of fulfilling the wager, first-period bets are considered risky and often come with high odds.

NHL Future Bets

NHL future betting is the act of placing a wager on the outright winner of a far distant event. Future bets are usually taken on major sporting events like the Stanley Cup. Placing a future bet enables you to take advantage of tremendous odds that are in your favor. 

As you read earlier, some teams will head into the playoffs with odds as high as +50000 for the chance to win the Stanley Cup. Placing a bet now at these figures is as equally as risky as it is rewarding. 

Proposition Bets

With proposition bets, the sky’s the limit for the bookmakers. There are no guidelines that they must follow in creating them. They are becoming one of the most popular bet types for punters to have fun wagering. Billions of dollars are spent on props bets each year, and the market is growing tenfold each season.

You will be able to find an array of uniques and exotic props bets alongside the more traditional ones covered earlier. A proposition bet can include any occurrence that might happen within a game but is not related to the outcome. 

Some of the more unusual ones include:

  • Wagering on the length of time the national anthem plays for, 
  • Gambling on how many spectators are in attendance or 
  • Predicting how many times the announcers say a particular word. 

Top NHL Events to Bet on

For those of you that don’t have the devotion or the bankroll to wager throughout the regular season, there are some key events in the NHL calendar that shouldn’t be missed. Hockey bettors everywhere will be placing future bets on these events before tuning in and placing in-play wagers. Thes events include:

  • The Stanley Cup 
  • Conference Championship trophies 
  • Postseason awards (Vezina trophy, Presidents trophy, Art Ross trophy) 

Before and during the events, you will experience the largest pool of NHL betting markets. Plus, some of the most competitive odds from sportsbooks are available for these key dates.    

Best NHL Teams to Bet On

Out of 31 NHL teams, there is a selection that stands out from the crowd as superior to the rest. These teams have racked up an impressive cabinet of trophies. Therefore they are the surest bets to stake your cash. 

The Montreal Canadiens hold the record for the most playoff seasons, playoff appearances, and Stanley Cup wins. The Habs have brought home the Cup 23 times. The Toronto Maple Leafs are also known for snatching the Stanley Cup if they make it the final. In total, they have 13 cups to their name. 

The Boston Bruins are also a team to watch. They have made 72 playoff seasons and won the cup 6 times. St. Louis Blues are the defending champions after taking home their first Cup last year. They are sure to be hitting the ice aggressively to try and make it a two-year consecutive win.

Basic NHL Betting Tips

It’s essential you learn basic betting tips to have a higher chance of becoming a successful NHL bettor. Before getting stuck in and wagering on the NHL, take some time to study. 

Learn about the teams. Do not solely focus on the ones you want to back. Spend as much time learning about their opponents’ form, injuries, and current streak. By doing this, you don’t have to rely on the bookmakers’ predictions and can wager in a more informed way. 

Another top tip is to take notice of if the teams are players from home or are currently road tripping. Whether the teams have been spending time at home or hours traveling will impact their play. Some teams are stronger on the road, however. Do not be put off backing them if their streak is proving that time away is making them more potent as a team. 

Avoid only reflecting on the most recent games. It can be easy to fall into the habit of only researching and remembering a team’s last few matchups. Yet this is not an accurate reflection of their overall form. To gain a better understanding of the team’s progress throughout the season, start from the beginning and track patterns. Again remember to cross-check if the team’s slump was due to time on the road.  

Live NHL Betting – Where to Bet Live on NHL

Live streaming and in-play betting are a welcome addition to modern-day sports betting. Being able to place a wager and tune in live through your sportsbook enables the fun and thrills to be magnified. Nowadays, most legal and reputable online sportsbooks have live streaming options available. Most will also ensure that all major league sports games and events are covered.

Below you will find two of the best online sportsbooks that cover the NHL live. 


SugarHouse Casino is the official sportsbook of the Philadelphia Flyers. Its comprehensive NHL section live streams every regular-season game, playoff match, and the Stanley Cup. At SugarHouse, NHL bettors can take advantage of extensive betting markets, daily special features, and odd boosters.

SugarHouse also offers NHL bettors an exclusive bonus of a 100% match up to $250 on your first deposit with a 1x playthrough requirement.


PointsBet offers NHL bettors a collection of advantageous betting features such as fixed odds and spreads. At PointsBet, you will be able to place a wager on all NHL games across a vast selection of betting markets. These include future bets for the Stanley Cup. 

PointsBet also offers its members a package of risk-free bets. You will be gifted twice up to $200 in risk-free bets. Plus, you will also receive a $100 cashback on your first point bet wager if you lose. There is also a risk-free fixed odds bet of up to $100 included in the package. 

History of NHL in Florida

The NHL was founded in 1917, and at first, Florida was not part of the lineup. Instead, the World Hockey Association was born (1971) to rival the NHL’s supremacy. The WHA included Florida based co-founding team the Miami Screaming Eagles. Sadly due to the lack of suitable arenas, the team folded soon after. 

By the late 1980s, the NHL was set to expand, and two groups from the Tampa Bay area bid for a franchise. Subsequently, two hall of famers Phil Esposito and his brother won the bid in 1990 with an upfront $50 expansion fee. They named the team the Lightning as a nod to what Tampa Bay is famous for ‘The lightning Capital of North America.’ 

The Lightning has had a successful history of play since they first turned heads in their debut season. The team has broken records and made history by singing the first female in any major North American professional sports leagues.

In 1993 the Florida Panthers were established as part of further expansion. They originally called the Miami arena their home but later moved to the more suitable BB&T Center in 1998. The Panthers have had a harder time keeping up with the competition. They are yet to get past the first round of the playoffs since 1669.

Frequently Asked Questions (FAQ)

Many big win sports bettors prefer to keep their identity private for security reasons. Thus making it difficult to pinpoint the biggest win in history. One of the more recent noteworthy successes was a $400 future bet placed in January on the winners of the 2018/19 Stanley Cup.

Scott Berry took a risk on the St. Louis Blues to win. At the time, the team was at the bottom of the standings with odds of 250-1 (+25000). Throughout the game, Berry was offered secondary offers for his ticket but held strong even with $75,000 on the table. He walked away with a total payout of $100k.

One of the reasons why hockey fans love the NHL is because a team's success can turn on its head in an instant. An underdog team can win the Stanley Cup with enough determination. Out of all of the teams, there is one that has caused several stirs over the years.

The Edmonton Oilers caused one of the biggest NHL upsets back in 1982. The team was full of young and talented players who would soon become household name stars. Yet the Los Angeles Kings thought otherwise from a rookie team, and so did many of the fans.

The Oilers smashed LA with a record 48-17-15. A 48 point difference that will unlikely ever be seen again.

Sports betting inside the state of Florida is illegal. If you place a wager through an illegal sportsbook online or on land inside the state borders, you can be prosecuted. However, there is no code written that disallows you from betting on sports using a legal offshore betting site.
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