Updated Futures Betting Odds for the 2023-24 NHL Playoffs

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Curious about which teams stand the best and worst chances of reaching the NHL playoffs? We've got the latest information right here to keep you informed about the ongoing playoff race. Make sure to revisit frequently for timely updates throughout the NHL season, including shifts in odds for your favorite teams.

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What are the latest probabilities for teams aiming to secure a spot in the NHL playoffs? According toDraftKings Sportsbook ,

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

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Potential Surprise Teams for the NHL Playoffs

Keep an eye on the Winnipeg Jets . While they may not be receiving much attention, their performance on the ice has been remarkable.

Playoff Odds for Local Teams

NHL Playoffs Format

How the NHL Playoffs Work

A total of eight teams from each conference make it to the playoffs. The top three teams from each division automatically qualify, and there are two wild card spots available from each conference. The wild card with the lowest seed faces the division winner with the highest points, while the remaining wild card goes against the other division winner. The second- and third-place teams from each division will compete against each other in the initial playoff round. As the playoffs progress, the bracket is reorganized so that the highest seeds always play the lowest ones. Ultimately, the champion is determined after the final round of playoffs.

How to Place Bets on NHL Playoff Matches & Future Events

Go to your favoriteOntario sports betting Visit the website and sign up for an account. Then look for the odds related to your desired bet type. You can place wagers on games, postseason awards, futures, prop bets, and more. For instance, if you're using DraftKings and want to bet on your preferred team making the playoffs, navigate to the 'team futures' section. Click on the respective icon to view the odds for the championship title, Eastern and Western Conferences, and all divisions concerning playoff qualifications. For example, if the Maple Leafs have a +145 chance of making the playoffs, a $100 bet would yield $145 in winnings should they qualify. Such bets can be placed anytime during the season, including champion odds, conference favorites, and division favorites. Additionally, if you'd like to wager on individual matchups, you have three types of bets to choose from: moneyline, puck line, and over/under. A moneyline bet involves selecting the winner of the match directly. The puck line bet relates to the point spread, which can be complicated since final scores may be influenced by goals made with empty nets.

What Does It Mean When a Bet is \"Off the Board\" in Sports Betting?

In the realm of sports betting, the phrase \"off the board\" indicates that specific games or events (like a team’s playoff chances) are temporarily unavailable for betting. Why do sportsbooks take this step? They often remove betting options to mitigate risk, whether this is due to uncertain player availability, unusual betting trends, or unforeseen events affecting potential outcomes, leading to necessary adjustments in odds. This practice helps protect sportsbooks from players who may have an advantage due to changing situations. While it can be annoying for bettors eager to place their wagers, it's a means for sportsbooks to maintain fairness and trustworthy odds.

When dealing with futures betting, such as the probability of a team making the playoffs, sportsbooks will pull teams off the board when the odds of their not making the playoffs become almost nonexistent. Here, the sportsbook opts to limit risk by not allowing bets on scenarios that are virtually certain to happen.

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NHL Playoffs FAQ

The NHL playoffs begin April 22.

Sixteen teams, eight from each conference, secure their positions in the playoffs.

Futures betting involves placing wagers on events expected to occur in the future. For example, one might bet during the summer or fall on which teams will excel in the playoffs, even though they don't commence until spring.

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