• 62nd NHL Draft
  • June, 2024

For those NHL bettors looking to bet on the NHL draft, you are in luck! We are here with our guide to the NHL Draft, complete with the latest NHL odds for the draft, an explanation of the NHL draft lottery, and connections to the best hockey betting sites.

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NHL Draft Betting Odds

Top sportsbooks have already released their NHL draft betting odds, including the 2024 NHL draft lottery odds. We will be sure to keep this chart up to date as the odds can shift. So, whether you want to bet on the NHL draft, explore NHL draft prop bets, or check out the NHL draft odds for this year or next, we’ve got you covered!

We use this chart of NHL draft odds as a stand-in, but you can also find betting guides for the NHL Stanley Cup. It’s another great hockey futures bet that keeps you engaged in the game. The odds were last updated on October 19, 2023.

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How to Bet on the NHL Draft

Check out these strategies to make the best NHL Draft bets.

Know the Basics

To get started on making any sort of hockey bet, it is important to know the basics. You should read our guide on the basics of betting before throwing yourself headfirst into NHL Draft bets.

Research the Player

You should keep an eye on up-and-coming hockey players that are sure or likely to be drafted in the coming years. Having them on the radar as early as possible is key to a successful NHL draft bet.

Without this key information, you will be going into this blind. It is not enough to just know the NHL, you must also know the college-level game that feeds into the professional level. This is really the only way to be successful here.

nhl draft players

 

Research the Teams

Knowing the players is only half the battle. You can know which player is generating the most buzz, but without knowing the teams, you only get halfway. The teams will pick the players based on their needs, not just the overall, general skill of the player.

Some NHL teams will go for a more immediate strategy, while others will go for the long haul. It is a good idea to know how the staff is working on building up their team, what they think their chances are, and therefore, how they will be making their decisions.

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Only Use Trusted Sites

Signing up at a shady sports betting site can jeopardize all the effort and research you’ve invested in making NHL draft bets, such as betting on NHL draft odds or placing wagers on the NHL draft lottery. Some of these sites can be scams. That’s why we put in the effort to provide you with trusted online sportsbooks that we have thoroughly tested and vetted.

Rest assured that all the sportsbooks we recommend here are safe and highly respected for NHL draft betting. You’ll find a variety of options, including NHL draft prop bets, along with responsive customer service agents to assist you. Additionally, make sure to check the latest 2024 NHL draft lottery odds on different trusted bookies to make the most informed choices.

Bankroll Management

With a proper bankroll management strategy, your whole approach to betting will change. You will have a crystal clear view of what you are doing like never before. Once you have a systematic approach to your betting finances, you will have your own microscopic way to analyze your betting portfolio.

The two main approaches are the unit and percentage approach. Each one has its advantages and disadvantages, depending on what type of bettor you are.

NHL Draft Lottery Odds

Looking at the NHL draft lottery odds is an important part of making smart NHL draft bets. This is one of the most popular NHL draft prop bets. In the NHL lottery odds, each team that did not qualify for the Stanley Cup playoffs has a weighed chance of making the first pick.

Understanding this is obviously key if you are going to make a bet on the first overall pick for the  NHL Draft. It has been in place since the 2012-2013 season. The draft lottery normally takes place a few weeks before the actual draft, giving you plenty of teams to check out the odds and the team order and start to make some betting decisions.

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