The Top NHL Playoff Odds & Canada Betting Sites in 2025

Knowing where to find the best NHL playoff odds is one of hockey’s most exciting betting opportunities. However, rather than simply presenting the latest statistics, which can change rapidly, this guide will help you understand how to effectively use NHL playoff odds to your advantage when placing bets.

If you’re looking for a quick answer, Instant Casino is our top recommendation for NHL playoff betting in Canada. This is due to its competitive odds across all hockey markets. It also offers a generous welcome bonus of 200% up to C$11,000 and lightning-fast withdrawal times, ensuring you’ll get your winnings quickly.

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Best NHL Playoff Odds – Where To Play & Why

  1. CoinCasinoTop Crypto Sportsbook for NHL Futures
  2. BetPandaBest Live Betting Experience for NHL
  3. BC.GameHuge Crypto Bonus & NHL Specials
  4. Betplay.ioLightning-Fast Payouts & NHL Streaming
  5. CryptorinoExtensive NHL Props & Futures Markets
  6. Instant CasinoFast Payouts & NHL Prop Specials
  7. CybetHigh-Potential Crypto Platform with Gaming Focus
  8. Wild.ioLive Betting Hub with Crypto Rewards
  9. CasinoPunkzCrypto Casino with Hockey-Themed Games
  10. Mega DiceFirst Licensed Telegram Casino with NHL Betting

The Betting Sites With the Top NHL Playoff Odds

Not all NHL sites give the best odds, so shopping around can give you far better bet value.

However, besides the odds, there are bonuses, customer support, payout speeds, and safety to consider.

Our expert gamblers have reviewed dozens of sites, including many Canadian crypto gambling sites, to give you a rundown of the best places to bet on the NHL playoffs.

Whether you’re looking for consistently good odds or want to grab the biggest bonus, our reviews are here to help.

1. CoinCasino – Top Crypto Sportsbook for NHL Futures

sports betting page for CoinCasino

🏆 BEST NHL BETTING SITE

CoinCasino Details

  • 📅 Established: 2017
  • 🎫 License: Anjouan (Comoros)
  • 🎁 Bonus: 200% Deposit Bonus Up To $30,000
  • 💳 Payments: Visa, MasterCard, Apple Pay, Google Pay; Cryptocurrencies
  • Payout Speed: Instant (crypto) – up to 3 days (cards/bank)
  • 💰 Deposit: $10 (or crypto equivalent)
  • 💵 Withdrawal: $10 (no max withdrawal limit)
  • 🎲 Games: Sports (35+ sports incl. NHL, AHL), eSports, Casino (slots, live dealers)
  • Telegram/Discord: Yes

CoinCasino stands out as a premier crypto-friendly sportsbook for NHL betting. It delivers an extensive range of NHL markets from moneylines and puck lines to player props, with futures odds on Stanley Cup winners available (e.g., Toronto at 10/1).

Odds are consistently competitive, thanks to reduced juice, giving Canadian bettors better value on their wagers.

The platform is Canadian-friendly, accepting both fiat (with CAD payment options) and crypto, and even allows anonymous play via Telegram. With a massive 200% welcome bonus and instant crypto withdrawals, CoinCasino is an optimal choice for NHL playoff betting in Canada.

Pros

Highly competitive NHL odds with low margins

Wide range of markets for hockey

Massive crypto welcome bonus and weekly free bet promos

Parlay boosts up to +40% for multi-leg NHL bets

Anonymous play via quick Telegram signup and VPN-friendly access

Cons

The bonus wagering period is short (7 days to clear)

Sportsbook may be geo-restricted in some regions

High rollover (6× deposit per 10% bonus release) for complete bonus withdrawal

2. BetPanda – Best Live Betting Experience for NHL

The BetPanda casino homepage.

🎥 BEST LIVE NHL BETTING

BetPanda Details

  • 📅 Established: 2023
  • 🎫 License: Costa Rica
  • 🎁 Bonus: Welcome Bonus Up To 1 BTC + 10% Weekly Cashback
  • 💳 Payments: Crypto-only – BTC, ETH, LTC, BNB, USDT, XRP, DOGE, etc.
  • Payout Speed: Instant crypto withdrawals
  • 💰 Deposit: ~0.0001 BTC (low minimum, ~C$3)
  • 💵 Withdrawal: No fixed minimum (equivalent to min deposit); No fiat withdrawal
  • 🎲 Games: Sportsbook (50+ sports incl. NHL), eSports, 5,000+ casino games
  • Telegram/Discord: No official Telegram or Discord options

BetPanda is a crypto sportsbook known for competitive lines and a smooth live-betting interface tailored to NHL action.

It excels in in-play betting, offering real-time odds for game-winners, goals, and player stats as the action unfolds. NHL futures are also available even in summer (for example, Stanley Cup odds that outshine many rivals).

While BetPanda’s 100% up to 1 BTC welcome bonus is primarily for casino play, sports bettors benefit from consistently low juice on hockey bets and a weekly free-bet rebate for net losses. The platform is anonymous, Canada-friendly, and optimized for mobile wagering on hockey.

Pros

Outstanding live betting interface with real-time NHL stats and odds

Highly competitive odds on NHL futures and game lines

User-friendly on mobile; a sleek, modern interface for easy bet-building

No KYC and VPN-friendly for Canadian players seeking anonymity

10% weekly cashback on sports losses provides ongoing value

Cons

Sports bets do not count toward the welcome bonus

No traditional fiat payment options – it’s crypto-only

Limited ongoing promos specifically for sports bettors

3. BC.Game – Huge Crypto Bonus & NHL Specials

The BC.Game homepage.

🪙 BEST FOR CRYPTO BONUSES

BC.Game Details

  • 📅 Established: 2017
  • 🎫 License: Comoros (Anjouan)
  • 🎁 Bonus: 100% Deposit Match Welcome Bonus + 400 Free Spins
  • 💳 Payments: 130+ Cryptos (BTC, ETH, USDT, XRP, DOGE, ADA, etc.); fiat purchase via credit card (no direct CAD)
  • Payout Speed: Instant crypto withdrawals
  • 💰 Deposit: $10 (crypto equivalent) for first deposit
  • 💵 Withdrawal: No fixed minimum (equivalent to min deposit); No fiat withdrawal
  • 🎲 Games: Sports (80+ sports, incl. NHL & international hockey), eSports (25+ titles), Casino (9,000+ games), Lottery, Provably-fair originals
  • Telegram/Discord: Yes – social login and community on Telegram & Discord

BC.Game brings a unique social vibe to NHL betting. You can sign up instantly via Telegram, Discord, or even by connecting a crypto wallet, reflecting its crypto-centric ethos. The sportsbook delivers dozens of NHL markets each game (moneylines, puck lines, period bets, team props, etc.), plus an interactive live betting hub complete with real-time rink visuals and stats.

A standout feature for Canadian hockey fans is BC.Game’s dedicated sports welcome bonus – up to $1,600 across your first four deposits, with free bets included.

With lightning-fast crypto payouts, a low minimum bet of $0.10, and even AHL odds on tap, BC.Game is ideal for serious NHL bettors who want variety and value.

Pros

Over 70 NHL betting markets per game, plus live in-play with a game tracker

Exclusive sports bonus (supports NHL parlays) and frequent promotions for bettors

Supports 150+ cryptocurrencies and even fiat-to-crypto purchases

Mobile-friendly with apps on iOS and Android

See big NHL bets through the community betting feed

Cons

Bet builder limitations restrict some betting options

Native $BCD token is not easily convertible outside the platform

4. Betplay.io – Lightning-Fast Payouts & NHL Streaming

The Betplay homepage on mobile.

⚡ LIGHTNING FAST PAYOUTS

Betplay.io Details

  • 📅 Established: 2020
  • 🎫 License: Curaçao & Brazil (Paraná) dual license
  • 🎁 Bonus: 100% Welcome Bonus Up To 1,000 USDT
  • 💳 Payments: Crypto (BTC, ETH, LTC, DOGE, XRP, USDT, etc.)
  • Payout Speed: Instant for BTC via Lightning; standard crypto withdrawals typically under 10 minutes
  • 💰 Deposit: ~0.0002 BTC (~$5 deposits)
  • 💵 Withdrawal: 5 μBTC via Lightning (≈ $0.15); higher for on-chain (no max withdrawal given)
  • 🎲 Games:Sports (incl. NHL and all major sports), eSports, 6,000+ Casino games, Poker (freeroll tournaments)
  • Telegram/Discord: No official Telegram bot or Discord

Betplay.io is a sleek crypto sportsbook ideal for NHL bettors seeking speed and convenience. The site’s interface keeps your bet slip accessible, making it easy to build hockey parlays without navigating away from the page you’re on.

Betplay offers all the standard NHL odds plus extras like period bets and player props. It stands out by streaming some hockey games live so that you can watch and bet simultaneously.

Payouts are a highlight – Betplay supports the Bitcoin Lightning Network, meaning your NHL winnings can hit your wallet within seconds. The platform is entirely crypto-based (no KYC) and Canada-friendly (VPN allowed), with perks like daily rakeback and an active VIP program to reward regular hockey bettors.

Pros

Ultra-fast Bitcoin payouts via Lightning Network

Live streaming of hockey and other sports, enhancing in-play betting decisions

Excellent sportsbook UX with always-visible betslip and easy parlay building

Offers daily and weekly cashback for active players

Completely anonymous & no-KYC betting – great for privacy-conscious Canadians

Cons

High 80x wagering requirement on welcome bonus playthrough

No dedicated mobile app

Limited sports-specific promos

5. Cryptorino – Extensive NHL Props & Futures Markets

🔮 BEST NHL FUTURES BETTING

Cryptorino Details

  • 📅 Established: 2024
  • 🎫 License: Costa Rica
  • 🎁 Bonus: 100% Bonus Up To 1 BTC + 10% Weekly Cashback
  • 💳 Payments: Crypto (BTC, ETH, LTC, BNB, USDT, SHIB, MATIC, etc.); also accepts Visa, MasterCard, Apple Pay, and Google Pay for deposits
  • Payout Speed: Near-instant crypto payouts with no fees
  • 💰 Deposit: €10 (or crypto equivalent)
  • 💵 Withdrawal: ~€10 (crypto equivalent; no max withdrawal limits noted)
  • 🎲 Games:Sports (50+ sports incl. NHL, plus extensive eSports), 6,000+ Casino games, Live Casino, and PvP Poker rooms
  • Telegram/Discord: No Telegram bot or Discord channel

Cryptorino has rapidly become a go-to crypto sportsbook, especially for NHL bettors seeking variety. It shines in live betting – for each hockey game, Cryptorino provides rich pregame stats (standings, H2H records, recent form) and dozens of in-play markets as the game unfolds.

Offseason options are plentiful: you can bet futures on team points, playoff berths, and Stanley Cup winners.

The platform is user-friendly for Canadians – registration takes seconds with just an email, and it’s VPN-friendly. Transactions are fast and fee-free, with 11 cryptocurrencies supported and withdrawals processed almost instantly.

Overall, Cryptorino’s mix of innovative features (like Thursday free-bet promos up to $500) and comprehensive NHL markets makes it a strong pick for crypto-savvy hockey fans.

Pros

Wide range of NHL markets

Quick 10-second signup and anonymous play

Combo bet boosts up to 40% for parlays

Ultra-fast crypto withdrawals and no transaction fees

Weekly free bets and cashback promotions

Cons

High 66x wagering requirements on the welcome bonus, with only 7 days to clear

No dedicated mobile app or Telegram betting feature

Not as well-established as other sites on the list

6. Instant Casino – Fast Payouts & NHL Prop Specials

⏱️ FAST PAYOUT CASINO

Instant Casino Details

  • 📅 Established: 2024
  • 🎫 License: Curaçao
  • 🎁 Bonus: 200% Welcome Bonus up to $7,500 + 10% Cashback
  • 💳 Payments: Visa, MasterCard, Interac, Apple Pay, Google Pay, Crypto
  • Payout Speed: Instant to 24 hours for most withdrawals
  • 💰 Deposit: €20 (≈ C$30)
  • 💵 Withdrawal: €20 min, up to €20,000 per month
  • 🎲 Games:Sportsbook (40+ sports incl. NHL), eSports, 3,000+ Casino games, Live Dealer games
  • Telegram/Discord: Yes – Telegram betting app available; No Discord

Instant Casino is our top pick for NHL betting in Canada. Its sportsbook offers multiple hockey markets, from outrights on the next Stanley Cup winner to period-by-period props on playoff games.

The platform’s odds are highly competitive, and it processes payouts extremely quickly (many withdrawals are instant or within a day).

New Canadian players can claim a massive 200% match bonus (up to €7,500), and uniquely, sports wagers contribute 50% toward the low 15x wagering requirement.

With a bilingual site (English/French) and local payment methods like Interac e-Transfer, Instant Casino is built with Canadian NHL fans in mind.

Pros

Blazing-fast payouts – often instant approvals for both crypto and fiat withdrawals

Generous 200% welcome bonus with friendly rollover

10% weekly cashback on all losses, wager-free

Extensive NHL prop bets and specials during playoffs

Accepts CAD via Interac and cards, plus crypto

Cons

C$25 minimum withdrawal can be a bit high for small bettors

Lacks a robust loyalty program for sports

7. Cybet – High-Potential Crypto Platform with Gaming Focus

🔒 TOP PRIVACY FOCUSED GAMBLING

Cybet Details

  • 📅 Established: 2023
  • 🎫 License: Anjouan (Autonomous Island of Anjouan)
  • 🎁 Bonus: 100% up to 500 USDT + 50 Free Spins
  • 💳 Payments: Crypto-only (USDT, CYBET token, others via conversion)
  • Payout Speed: Instant via blockchain
  • 💰 Deposit: $20
  • 💵 Withdrawal: $20
  • 🎲 Games:Casino (slots, dice, crash, plinko, etc.); no sportsbook at this time
  • Telegram/Discord: Active Telegram support group; no Discord

Cybet doesn’t currently offer a sportsbook, but it’s quickly gaining attention in the crypto casino space thanks to its sleek UI, provably fair games, and player-first design.

While NHL betting isn’t live yet, the team has teased plans to expand into sports and eSports, which could make it a future contender. For now, it’s a solid pick for Canadian users who enjoy crypto gambling with instant withdrawals, no KYC, and a modern interface.

With a growing buzz in crypto gaming circles, Cybet impressed early on and is worth watching if you’re looking for up-and-coming platforms that could soon cater to NHL fans.

Pros

Clean interface and provably fair games

Focus on privacy with minimal data collection requirements

Instant crypto withdrawals

Growing brand with plans for expansion

Cons

No sports betting is currently available

Limited community/social features

Small game selection compared to larger platforms

8. Wild.io – Live Betting Hub with Crypto Rewards

🧮 LIVE BET STATS TRACKING

Wild.io Details

  • 📅 Established: 2022
  • 🎫 License: Curaçao
  • 🎁 Bonus: 120% up to $5,000 + 75 Free Spins
  • 💳 Payments: Crypto-only
  • Payout Speed: Instant withdrawals
  • 💰 Deposit: $20 (or crypto equivalent)
  • 💵 Withdrawal: $20 (no max cashout on crypto, high limits)
  • 🎲 Games:Sports (40+ sports incl. NHL, KHL, etc.), Live Betting (with stats), 10,000+ Casino games (slots, live dealers), eSports (live streams for CS:GO, etc.)
  • Telegram/Discord: No Telegram bot or Discord community

Wild.io delivers a smooth crypto-betting experience for NHL enthusiasts, especially those who enjoy live betting.

The platform’s interface is modern and easy to navigate, with your bet slip just a tap away at all times. Wild.io gives you an edge when betting in-play by displaying detailed in-game statistics and updates, which can help you predict momentum shifts in a hockey game. It also offers in-play props and occasional live odds boosts.

While its 100% sports welcome bonus ($200 free bet) isn’t huge, Wild.io compensates with one of the industry’s highest cashback deals (up to 20% weekly) and regular combo bet boosts.

The lack of KYC and instant withdrawals for Canadian users makes Wild.io a hassle-free choice for wagering on NHL games with crypto.

Pros

Excellent live betting interface with real-time game stats for informed NHL in-play wagers

Weekly 20% cashback on losses

Wide selection of sports plus lots of niche markets

Instant withdrawals and 24/7 live support

Completely anonymous and VPN-friendly

Cons

Relatively small dedicated sports welcome bonus, as the 400% bonus mainly applies to casino play

No mobile app or Telegram betting option

Lacks ongoing sports promos like free bets or reloads

9. CasinoPunkz – Crypto Casino with Hockey-Themed Games

🏒 BEST HOCKEY THEMED SLOTS

CasinoPunkz Details

  • 📅 Established: 2023
  • 🎫 License: Anjouan (Comoros)
  • 🎁 Bonus: 100% Deposit Match Welcome Bonus Up To €5,000
  • 💳 Payments: Crypto only (BTC, ETH, USDT, USDC, LTC, DOGE, SOL, TON, XRP, SHIB, SAND, etc.); Fiat via gift card purchase (Visa, Mastercard, PayPal)
  • Payout Speed: Fast crypto withdrawals (often under 30 minutes)
  • 💰 Deposit: $20 (or crypto equivalent)
  • 💵 Withdrawal: $20 (no max – high rollers welcome)
  • 🎲 Games:No Sportsbook (yet) – Casino only. 2,000+ Slots (incl. sports-themed titles), Live Casino (Blackjack, Roulette, + Football Studio dice game), Provably Fair games
  • Telegram/Discord: No official Telegram or Discord

CasinoPunkz is a newcomer (est. 2023) offering a futuristic crypto casino experience without betting limits or KYC hassles.

Although it lacks a sportsbook, NHL fans might still find it entertaining thanks to various hockey and sports-themed games – think video slots and live dealer tables with sports motifs.

The platform’s strength is its generous rewards: beyond the big welcome bonus, there’s a VIP program offering up to 15% weekly cashback and daily “loot box” giveaways for active players.

CasinoPunkz is licensed in Anjouan and emphasizes privacy and fast payouts.

If you’re a Canadian bettor who enjoys casino play (and maybe wants to spin a hockey slot during the NHL offseason), CasinoPunkz is a fun, safe, and cutting-edge option.

Remember that you’ll need another site for sports wagers until CasinoPunkz rolls out its sportsbook.

Pros

Features sports-themed casino games to entertain sports fans

Top-tier anonymity: no KYC, VPN allowed

Generous welcome bonus

Licensed and provably fair gambling site

VIP program with up to 15% weekly cashback for loyal players

Cons

No sports betting is currently available/p>

Complex bonus release conditions

Smaller game library compared to bigger casinos

10. Mega Dice – First Licensed Telegram Casino with NHL Betting

Mega Dice's ice hockey betting page.

📱 BEST CA TELEGRAM SPORTSBOOK

Mega Dice Details

  • 📅 Established: 2023
  • 🎫 License: Curaçao
  • 🎁 Bonus: 200% Welcome Bonus Up To 1 BTC + 50 Free Spins
  • 💳 Payments: Crypto (BTC, ETH, LTC, DOGE, ADA, XRP, USDT, BNB, etc.); also supports buying crypto with a credit card
  • Payout Speed: Fast – crypto withdrawals typically within 10–60 minutes
  • 💰 Deposit: $10 (or equivalent in crypto)
  • 💵 Withdrawal: $20 (crypto equivalent)
  • 🎲 Games:Sportsbook (50+ sports, incl. NHL, plus extensive live betting), eSports, 5,000+ Casino games, Live Casino, Telegram mini-app for casino & betting
  • Telegram/Discord: Yes – Integrated Telegram betting app and active Telegram community; No official Discord

Mega Dice is a cutting-edge crypto betting site that integrates seamlessly with Telegram – you can bet on NHL games by messaging a bot, making wagering as easy as chatting.

Mega Dice’s sportsbook impresses with depth and tech: it lists dozens of NHL markets, competitive odds, and a Quick Bet feature for fast in-play wagers.

The site’s gamified loyalty program (11 levels) and frequent promotions – like free spins, bets, and betting contests – keep things engaging.

With a 200% first deposit match (plus a free bet) and support for crypto and fiat (you can deposit fiat, which converts to crypto in-platform), Mega Dice combines the best of traditional and crypto sportsbooks.

The Curaçao license ensures security and fairness, and Canadian players can enjoy instant withdrawals of their winnings.

In short, Mega Dice is an excellent all-around choice for NHL betting, offering innovation, generosity, and reliability in one package.

Pros

Strong Telegram betting options

Big welcome offer and regular tourneys/promos for sports bettors

Comprehensive sportsbook with ~50 sports and strong NHL coverage

Innovative loyalty program with rewards using $DICE token and cashback perks

Supports both crypto and fiat, catering to all types of Canadian players

Cons

Few responsible gambling tools/p>

No fiat withdrawal options available

No dedicated mobile app

Who to Bet on at the 2025 NHL Playoffs

The Stanley Cup playoffs are renowned for their twists and drama, and 2025 is likely to be no exception. Thankfully, by analyzing past performances and current form, there is still value to be found.

The current trophy holders, the Florida Panthers, are the favorites right now with odds at 6.5. Their consistent experience of crunch games in the playoffs and coming up in big moments gives them the edge over the rest of the field.

The Dallas Stars are close second, listed at number seven. However, with key defenseman Miro Heiskanen potentially side-lined for the first playoff round due to a knee injury, they face an immediate challenge in navigating the early stages.

Meanwhile, the Edmonton Oilers, which were formerly the favourites, have drifted as the playoffs approach.

For an outsider bet, the Winnipeg Jets at 13 are tied for first place in the NHL due to their strong performance in the regular season. However, they may overcome their previous poor performance with an easier playoff route and seal a historic win.

How Do The NHL Playoffs Work?

The National Hockey League playoffs, known as the Stanley Cup Playoffs, comprise 16 teams from the regular season.

Eight teams from the Eastern Conference and eight from the Western Conference will make up the final selection. These teams qualify based on their performance.

The top three from each division earn automatic spots, while an additional two wild card teams per conference secure the final positions.

The NHL Playoff bracket, showing how teams get to the final.

The playoff games themselves are a strict knockout tournament following a best-of-seven format. The first team to win four games advances to the next round.

In the first round, division winners face the lowest-seeded wild card teams, while the second and third seeds compete against each other.

In the second round, the winners continue in their conference brackets, while the final two teams in each conference face off in the Conference Finals.

The winners of these two matches will then contest the Stanley Cup Final.

Once again, this is a best-of-seven series, and the victor is crowned the Stanley Cup Champion, the highest honor in professional hockey.

The Home-ice advantage is awarded to the team with the better regular-season record, making the ordinary season games crucial to achieving a significant edge for the final.

NHL Playoffs – Win/Loss Records

Playoff games are the biggest of the season, and plenty of teams have a history of showing up at crunch time.

While past results are no guarantee of future performance, it’s good to check the form and see which teams have a recent track record of going on to contest the Stanley Cup.

Team 2024 Playoffs 2023 Playoffs 2022 Playoffs 2021 Playoffs
Anaheim Ducks (ANA) Did not qualify Did not qualify Did not qualify Did not qualify
Boston Bruins (BOS) Second round First round First round Second round
Buffalo Sabres (BUF) Did not qualify Did not qualify Did not qualify Did not qualify
Carolina Hurricanes (CAR) Second round Conference finals Second round Second round
Columbus Blue Jackets (CBJ) Did not qualify Did not qualify Did not qualify Did not qualify
Calgary Flames (CGY) Did not qualify Did not qualify Second round Did not qualify
Chicago Blackhawks (CHI) Did not qualify Did not qualify Did not qualify Did not qualify
Colorado Avalanche (COL) Second round First round Runners-up Second round
Dallas Stars (DAT) Conference finals Conference finals First round Did not qualify
Detroit Red Wings (DET) Eliminated Did not qualify Did not qualify Did not qualify
Edmonton Oilers (EDM) Runners-up Second round Conference finals First round
Florida Panthers (FLA) Winner Winner Second round First round
Los Angeles Kings (LAK) First round First round First round Did not qualify
Minnesota Wild (MIN) Did not qualify First round First round First round
Montreal Canadiens (MTL) Did not qualify Did not qualify Did not qualify Runners-up
New Jersey Devils (NJD) Did not qualify Second round Did not qualify Did not qualify
Nashville Predators (NSH) First round Did not qualify First round First round
New York Islanders (NYI) First round First round Did not qualify Conference finals
New York Rangers (NYR) Conference finals First round Conference finals Did not qualify
Ottawa Senators (OTT) Did not qualify Did not qualify Did not qualify Did not qualify
Philadelphia Flyers (PHI) Did not qualify Did not qualify Did not qualify Did not qualify
Pittsburgh Penguins (PIT) Did not qualify Did not qualify First round First round
Seattle Kraken (SEA) Did not qualify Second round Did not qualify Did not qualify
San Jose Sharks (SJS) Did not qualify Did not qualify Did not qualify Did not qualify
St. Louis Blues (STL) Did not qualify Did not qualify Second round First round
Tampa Bay Lightning (TBL) First round First round Winner Winner
Toronto Maple Leafs (TOR) First round Second round First round First round
Utah Hockey Club (UHC) Did not qualify Did not qualify Did not qualify Did not qualify
Vancouver Canucks (VAN) Second round Did not qualify Did not qualify Did not qualify
Winnipeg Jets (WPG) First round First round Did not qualify Second round
Washington Capitals (WSH) First round Did not qualify First round First round

How To Read NHL Playoff Odds

Reading odds for the NHL playoffs will depend on the format of the odds displayed. However, there are three varieties you should know about, with some being more popular in certain countries.

Tip: Most sites will allow you to switch between different odds formats in your personal settings once you are signed in.

American Odds (+/- format)

Common in North America, American odds are shown with either a positive (+) or negative (-) number. A negative number indicates the favorite, while a positive number represents the underdog. The odds display how much you can win from a C$100 wager.

For example, if the Toronto Maple Leafs are -150 to win a playoff game, you would need to bet C$150 to win C$100. On the other hand, if the Edmonton Oilers are +200, a C$100 bet would return C$200 in profit should they win.

Decimal Odds

Most popular in Europe but also common in Canada, decimal odds represent the total payout per unit wagered, including the original stake.

For example, in a Panthers vs Oilers game, if the Panthers have odds of 1.67 to win, a C$100 bet would return C$167 (your C$100 stake plus C$67 in winnings). If the Oilers are listed at 3.50, however, a C$100 bet would return C$350.

Fractional Odds

Common in the UK, fractional odds show the potential profit relative to the stake. If the Boston Bruins are 4/1 to win the Stanley Cup, a C$100 bet would return C$400 in profit (not including the original C$100 stake, which will also be returned). Meanwhile, if the Colorado Avalanche are 5/2, a C$100 bet would return C$250 in profit.

The Best Bonuses for Canadians to Use On NHL Playoff Bets

Whether you choose to bet for fiat currency or to join one of the best crypto sports betting sites, you’ll be eligible for various bonuses. Even so, keep in mind that not all have decent terms and conditions, so reading the small print is essential.

Here are the most common ones you’ll come across.

Sign-up Bonus

The sign-up bonus, or the welcome bonus, is the most common type casino promotion and will give you a boost on your first deposit, typically between 100 and 200%.

With CoinCasino’s 200% bonus, for example, you’ll receive an extra C$200 when you deposit C$100.

To be able to withdraw your winnings, you’ll often need to wager the bonus a certain amount of times. 35x is the standard, but some bonuses can be higher or lower.

In addition, sports bets often count towards 50% of the rollover, while slots usually count 100%.

Free Bets

Often given out for major events and to regular customers, free bets are exactly what they say on the tin: an opportunity to make a free wager.

Occasionally, these are restricted to specific events but are usually site-wide. Sites such as Instant Casino regularly give out free wagers to customers, with the size of the bet depending on the customer.

Unlike a regular bet, free bets do not return the stake if the bet comes in. Also, they typically must be wagered on odds of 2.0 or higher.

Cashbacks

A cashback bonus is a sportsbook promotion that refunds a percentage of your losses over a specific period.

Samba Slots, for instance, offers a weekly 10% cashback bonus. If you, as the bettor, lose C$500 on NHL playoff bets in a week, you’ll receive C$50 back as a bonus or withdrawable cash.

How We Pick Our Top Canadian Sportsbooks for NHL Playoff Odds

Our team of experts considers various factors when ranking NHL sportsbooks, from bonus offers to best odds and customer service.

Here are the main criteria we consider when deciding our rankings.

  • 🧑‍⚖️ License: We ensure the sportsbook has a license from a reputable jurisdiction. This doesn’t just apply to Canadian sportsbooks, either, but to all betting sites we recommend. By being licensed, these sites are subject to checks, audits, and regulations that keep you safe and your data secure.
  • 📢 Reputation: Even when sites have a license, they can be slow to pay out or challenge large withdrawals. We check every site’s track record to confirm they play fairly and aren’t needlessly restrictive for players.
  • 🍁 Accepts Canadian Players: In this case, the sportsbook must accept Canadian players. This may, however, need to be done via a VPN. Moreover, we give bonus points to any betting site that accepts deposits in Canadian dollars.
  • 🏒 Fair & Up-to-date Odds: Sportsbooks compete against each other to offer the best odds, but the best price isn’t always the best for every event. The best sites will be competitive in every market and consistently deliver the top terms.
  • 📑 Betting Features: While simple moneyline bets are the most common form of sports betting, parlays and prop bets are becoming increasingly popular. A strong parlay builder and a wide range of bet types are essential to be declared a top NHL sportsbook on our lists.
  • 💰 Bonus With Fair T&Cs: Some bonuses can appear attractive but are hampered by high rollovers, strict time limits, and other restrictions. We check all the small print to give you the full rundown on how every bonus works.
  • 💁 Customer Support: Looking after players should be the number-one priority of every sportsbook. Moreover, rapid, effective 24/7 support with various contact options should be the norm for every site.

Our Final Say on the NHL Playoff Odds

We hope this guide to the best NHL Playoff odds has given you better insight into how this ice-hockey tournament works.

In the meantime, if you’d like to test out your new knowledge and hopefully win some real cash in the process, we recommend heading to Instant Casino.

This brand particularly stands out as the best option for Canadians thanks to its great selection of odds, its intuitive site, and its generous welcome bonus.

Frequently Asked Questions Related to the NHL Playoffs & Their Odds

Where can I find the latest NHL Playoff odds?

Each site we’ve reviewed will provide you with up-to-the-minute odds for each event in the NHL playoffs, adjusting their lines as the probabilities shift. While not all sportsbooks offer the same odds on the same sports or games, Instant Casino consistently offers the most competitive prices.

Which Canadian sportsbook has the best NHL Playoff odds?

Instant Casino is our pick for the sportsbook with the best NHL playoff odds. As the best place for NHL playoff backing, the site offers better odds than many of its competitors on both moneyline and prop bets.

Who has the best odds of winning the 2025 Stanley Cup?

The team with the shortest odds to win the 2025 Stanley Cup varies between bookmakers. Most have the Florida Panthers as favorites, while others favor the Edmonton Oilers and the Dallas Stars.

What are the NHL Playoffs?

Each season, 16 teams qualify for the NHL Playoffs. This includes the top three teams from each of the four divisions (Atlantic, Metropolitan, Central, and Pacific), plus two wild-card teams from each conference (Eastern and Western). Teams then play four rounds of best-of-seven series to determine the final winner

Is the NHL American or Canadian?

The NHL is both American and Canadian. Although headquartered in New York, the NHL was originally founded in Canada and maintains strong ties due to the popularity of hockey in the country. Seven of the 32 NHL teams are based in Canadian cities, while 25 are American.