Today’s NHL Playoff Odds & Predictions

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Edmonton Oilers center Connor McDavid readies for a face off against the Anaheim Ducks during the second period of an NHL hockey game in Anaheim, Calif., Friday, Feb. 9, 2024. (AP Photo/Alex Gallardo)
(AP Photo/Alex Gallardo)
Nick Hennion @nickhennion May 24, 2024, 4:03 PM
  • One system bettors can use to help select underdog bets.
  • When bettors should consider buying low on road favorites.

To help NHL bettors identify betting opportunities for the 2024 playoffs, I’ve constructed two betting systems that have proved historically profitable. 

One system offers bettors an opportunity to take advantage of an underdog moneyline, while another provides an opportunity to back a road favorite. 

NHL playoff odds at the BetMGM online sportsbook are reflective at time of writing. 

NHL Playoff Odds, Predictions – Betting Systems

Buy Experienced Road Favorites Following a Loss

Historically, road teams have proved quite good at not dropping multiple games in a row under a particular circumstance. 

Bettors should look for these teams that made the postseason the previous year coming off a loss. 

Since the 2006-07 season, these teams are 71-40 SU (64%) for a 13.4% return on investment. 

Comparatively, when the team failed to make the postseason the previous year, they drop to only 20-13 SU. 

Still, irrespective of whether the team made or missed the postseason last year, road favorites off a loss are 63.2% SU for an 11.9% return on investment. 

Current Matches: No current matches. 

Buy Experienced Underdogs Following a Narrow Loss

Teams with previous postseason experience are quite good at bouncing back following a loss, even as underdogs. 

Since the 2006-07 season, underdogs within the conference that made the postseason the previous year are 199-210 SU for a 12.9% return on investment. 

That system assumes they lost the previous game between one and four goals. When they lost by five or more, they’re only 3-14 SU. 

Particularly profitable is when the underdog is playing away from home. On those occasions, they’re 145-149 SU for a 16.8% return on investment. 

Current Matches: No current matches.

Bet Online at BetMGM

Are you ready to place a bet online? BetMGM is the premier destination for NHL betting.

At the online sportsbook, you can bet during the offseason with futures like Stanley Cup odds, during the season with New Jersey Devils odds and Columbus Blue Jackets odds, or during games with live sports betting. Whether you’re new to hockey, a longtime NHL fan betting for the first time, or a casual fan that bets every night, there’s a variety of updated odds for everyone.

If you don’t have an account, sign up for the sportsbook welcome promo, one of many sportsbook offers at BetMGM.

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About the Author

Nick Hennion

Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.