Betting on NHL futures refers to betting on a long-term market centered around the outcome of season-end results. NHL futures odds can apply to individual hockey players or NHL teams, depending on the wager. For example, you could bet on Sidney Crosby to win the MVP award, or wager on the Montreal Canadiens to win the Stanley Cup.
Placing NHL futures bets can lead to very lucrative wins, since the supposed probability of winning them is low. If these bets are made in the preseason, you can potentially find value. For example, a team that has reached the Conference Finals in the last few years will likely be favored by the odds to do so again. Betting on such a team to miss the playoffs in preseason may therefore provide great value.
NHL futures bets can also be made after the season has already started. Buying low on a great team with an early cold streak is another way to find value. For example, the Tampa Bay Lightning started the 2021-22 season with a 2-3-1 record. They’re a powerhouse team coming off back-to-back Stanley Cups, so their chances of making the playoffs are all but set in stone. With that being said, a slow start of any kind will often be reflected by the odds. In the event that their form then improved, placing an NHL futures bet on them making the playoffs after their initial cold start would have undoubtedly yielded a great return.
For more information, check out our dedicated guide to futures betting.