Best NHL betting Sites in Canada: Discover Unmatched Experience

Ice hockey is Canada’s sport. No country has more Olympic gold medals, nor has more crazed fans. Now that sports betting is legal in Canada, you can wager on the nation’s favourite sport from the comfort of your home or on the go. We’ll share how to pick the best NHL betting sites and read odds, plus explore bet types, promotions, and everything else you need to know about ice hockey betting in Canada.

1. Cashed

This high-profile hockey betting site allows you to bet on over 30 unique leagues from nearly 20 countries. This includes the NHL, KHL, and Finnish Elite League as well as many other competitions across the world. You can watch many of these matches live on the site or the mobile sportsbook.

✅ Live streaming for ice hockey and more

✅ Boosted odds and early cash out offers

Editor’s Take:

2. TonyBet

TonyBet is the only ice hockey betting site on our expertly researched list with a dedicated mobile betting app. That’s not the only reason we like it, though. Their desktop site is really well-designed, with an intuitive interface and crisp graphics. Best of all, it looks even better on mobile devices.

✅ User-friendly sports betting app

✅ VIP program with exclusive benefits

Editor’s Take:

3. BetPlays

If you’re a fan of betting on futures, BetPlays is your go-to online destination. You can place bets on markets such as who’ll win the Stanley Cup or which team wins each division. On the site, you’ll also find over/under markets, and bets on which players will take home the NHL’s top awards.

✅ Top hockey futures betting markets

✅ Numerous bet insurance promotions

Editor’s Take:

4. GreatWin

GreatWin has all the same great NHL and hockey betting options as our other top picks, but it’s the unique bet builder that really sets it apart. This powerful tool allows you to combine up to six player and team props into one same-game parlay. The live sports betting interface here is also a real gem.

✅ Handy same-match bet builder

✅ Excellent live betting interface

Editor’s Take:

Every top hockey site will reward you with a welcome bonus for signing up. These are typically matched deposit bonuses, equal to your first deposit up to a fixed amount. For example, if you deposit $150 at Cashed, the sportsbook will credit an additional $1500 to your bonus wallet.

Hockey betting sites also have ongoing promotions, such as reload bonuses, cashback offers, early cash out, accumulator boosts, and enhanced odds for selected matches.

Bonus comparison at the best NHL betting sites

	Play Now	Play Now	Play Now	Play Now
Welcome Bonus	100% deposit match up to $150	100% deposit match up to $350	100% deposit match up to $2,000	100% deposit match up to $150
Minimum Deposit	$30	$10	$20	$30
Minimum Odds	+100	-200	-133	+100
Wagering Requirements	6x	5x	15x	6x
Bonus Validity	30 days	14 days	N/A	30 days

Even more exciting ways to bet on ice hockey in Canada

Live sports betting refers to placing wagers on a game after it starts. It’s a highly immersive way to bet on hockey, allowing you to make predictions based on what’s happening during the match.

Live betting odds change rapidly, so you’ll need to pay close attention to your potential payout before placing a bet. Most pre-match hockey betting markets are also available as live bets, plus others such as the next team to score, who wins the next face off, and who wins the current period.

Our top recommended site for live hockey betting is GreatWin for its high responsiveness and wide selection of betting markets.

Hockey and NHL betting odds represent the implied chance of winning a bet. Canadian sports betting sites use the American odds format, where values are represented as positive and negative numbers (e.g., +100 or -100). The bigger the number, the smaller the chance of your bet winning.

NHL hockey betting odds also tell you how much you can expect to win from your bet. American odds use $100 as a benchmark. Positive odds tell you how much you can win from a $100 bet, while negative odds refer to how much you have to bet in order to win $100.

Use this easy formula to calculate your potential winnings from a hockey bet:

• Negative Odds: (-100/odds) x Wager Amount
• Positive Odds: (odds/100) x Wager Amount

How does the NHL season work?

The NHL is a 32-team league with two conferences and four divisions. There are eight teams in each division and every team plays 82 games. At the end of the regular season, the top three teams in each division qualify for the playoffs. The next two best teams from each conference qualify as wild card teams. Once in the playoffs, teams battle it out for the Stanley Cup over four rounds. Each round is a best-of-seven series. The winner of the final round lifts the Stanley Cup as NHL champions.

Which sportsbook has the best NHL betting odds?

Of our top hockey betting sites, BetPlays has the best overall NHL betting odds. The site also offers bets with enhanced odds to give you even more value for your money on hockey wagers.

The surge in mobile gaming has prompted the top hockey betting sites to ensure compatibility with mobile devices across multiple operating systems. Sports betting apps and mobile-friendly sites allow easy access to NHL odds and markets for convenient ice hockey betting anywhere, anytime.

Each of our top five hockey betting sites has either an app or mobile-optimized site. Our experts have comprehensively reviewed them all and rate TonyBet as the best mobile site for ice hockey betting. Here’s how it compares to the BetPlays mobile betting experience, another top contender:

Soccer fan? Read our comprehensive guide to the best soccer betting sites in Canada.