With the news of the NHL’s plan to complete the 2019-20 season, hockey bettors are wondering, “What happened to my NHL season-long bets?
It’s a great question and the answer (or answers) will be dependent upon your own individual sportsbook. Check the rules of your book for the final answer.
Stanley Cup & Conference Futures
NHL bettors that got in early on Stanley Cup or conference futures can rest easy. Those wagers should remain live. If you didn’t get in early but want to get a NHL futures wager in, you can take advantage of the expanded playoff field and check out the new board for both Stanley Cup and conference winner odds.
Tampa Bay, which is currently second in the Atlantic Division behind Boston, is the +500 favorite to win the Stanley Cup. The Bruins are a +300 favorite to win the Eastern Conference. The Lightning check in at +325.
If you got in early and the new 24-team playoff field gives you an advantage, don’t fret. All conference and Stanley Cup futures bets should remain active.
The Bad News
Bets made on regular season wins, point totals, division winners, and “to make the playoffs” props will almost all be voided. Again, check with your own online sportsbook to make sure, but most of these bets will be cancelled.
There may be some exceptions to the playoff props. It appears that Caesars will pay out on ‘YES’ to make the playoffs bets for all 24 teams. If you were fortunate enough to have wagered on Chicago, there is a hefty payout. The Blackhawks would not have come close to making the playoffs in a normal season.
Chicago Blackhawks vs. Tampa Bay Lightning – June 15, 2015 | Stanley Cup Classics
If you had a win total bet that mathematically was a winner, it will still be voided. While that might leave a bad taste, consider those that bet on a win total that mathematically could not have won. Their bets will be voided as well and everyone will be given their wager back.
Bettors on Vegas to win the Pacific Division will be sad, as the Golden Knights were even money favorites. At the time of the NHL’s suspension, Vegas had a three-point lead over Edmonton with just 11 games to play.
The same holds for Vegas point totals. Bettors that took the Under 102.5 would have likely won. The Golden Knights would have had to have gone at least 8-2-1 in their final 11 games to go Over.
Regardless, all bets in these categories will be refunded.
Check Your Sportsbook’s Rules
There are some other bets that you will have to do some research on, like season-long awards. The Hart Memorial Trophy, for example, is given to the league MVP each year. The NHL will still award the Hart Trophy, but check with your sportsbook on whether or not your wager is still live.
It’s the same with player proposition bets.
Any of these various wagers may have certain requirements before any winnings can be paid out.
For example, some bets may explicitly state that all 82 regular season games must be played. Others may have a threshold – possibly 70 or 75 games played – before bettors can cash in on their winnings.
In any case, be sure to check your sportsbook’s rules prior to placing a wager. If there is one thing the coronavirus crisis has taught us, it’s that change is constant. Keep up with your online sportsbook’s rules to get the most out of your sports betting action.
