Latest Futures Odds for the 2023-24 NHL Playoffs

By Editorial Staff
Fact Checked by Peter Mooney

Who has the best and worst odds to make the NHL playoffs? We have you covered right here with the latest on the NHL playoff picture. Check back often throughout the season for the latest updates on the NHL season and the ever-changing odds for your favorite teams.

 
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What are the current odds to make the NHL playoffs? According to DraftKings Sportsbook

🏒 NHL TeamPlayoff Chances
Oilers-1000
Panthers-430
Devils-430
Maple Leaf's-360

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Possible Dark Horses in the NHL Playoffs

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Playoff Odds for Local Teams

NHL Playoffs Format

How the NHL Playoffs Work

Eight teams from each conference qualify for the playoffs. The top three teams from each division get in as well as two wild card entrants from each conference. The lowest seeded wild card will play the division winner with the most points, and the other wild card plays the other division winner while the second- and third-place teams from each division square off in the first round. In each subsequent round the bracket is reseeded with the highest-seeded teams always playing the lowest-seeded team. The winner of the fourth round of the playoffs is crowned champion.

How to Bet on NHL Playoff Games & Futures

Go to your favorite Ontario sports betting site and open an account. Then search for the odds on whatever bet you would like to place. You can bet on games, on postseason awards, futures, prop bets and more. At DraftKings, for example, if you’d like to bet on your favorite team to make the playoffs you can navigate to the ‘team futures’. Once you see ‘team futures’ click on icon. From there, you can see the odds for the champion, the Eastern Conference and Western Conference, all four divisions as well as the odds for making the playoffs. If, for example, the Maple Leafs are +145 to make the playoffs you would win $145 on a $100 bet if they qualified. You can place the bet at any time during the season. The same applies for the champion odds, the conference favorites and the division favorites. If you’d like to bet on individual games there are three bets you can place – the moneyline, puck line and over/under. The moneyline bet is the traditional hockey bet where you simply pick the winner of the game. Puck line bets are betting the spread in hockey, which can be tricky because final scores are often influenced by empty net goals.   

What Does "Off the Board" Mean in Sports Betting?

In sports betting, the term "off the board" means a game, event or circumstance (eg. a team chances of making the playoffs) is temporarily unavailable for wagering. Why do sportsbooks do this? They remove wager opportunities from the board to manage risk, whether due to uncertain player status, suspicious betting patterns or unexpected events impacting the outcome and requiring odds adjustments. The sportsbook wants to protect itself from bets made with an unfair advantage due to changing circumstances. While frustrating for bettors who want to get their wagers in, it's a way for sportsbooks to ensure fair play and maintain reliable odds.

When it comes to futures, such as the likelihood that a team will make the playoffs, sportsbooks remove teams once the odds that they won't make the playoffs are remote or impossible. In this case, the sportsbook assumes too much risk by allowing bettors to place wagers on something that almost certainly will occur.

 
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NHL Playoffs FAQ

The NHL playoffs begin April 22.

Sixteen teams -- 8 from each conference -- qualify for the playoffs.

Futures betting are wagers that are placed on events that will happen in the future. For example, you can place a bet in the summer or fall on which teams will win in the playoffs, which don't begin in the spring.

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Editorial Staff

The veteran team of Ontario sports betting and casino experts behind OntarioBets.com help you find the best Ontario sportsbooks and online casinos that are right for you.

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