Stanley Cup Betting Bonuses & Promotions – Best Stanley Cup Promo Codes Online

Your Guide to Stanley Cup Betting

Table of Contents

The Stanley Cup Finals is the perfect cap to a grueling NHL postseason, where teams are battered and bruised from weeks of intense competition for the Holy Grail of hockey.

This makes it a fun marquee event to bet on, so you need to make sure to choose the best sportsbook to make the most out of their useful bonuses and promotions. On this page, we’ll discuss which sportsbooks to target for Stanley Cup Betting by taking an in-depth look at their bonuses and promotions.

Caesars Sportsbook

Caesars Sportsbook

  • Intuitive App

  • Plenty of Markets & Bet Types

  • VIP Rewards System

Get a FREE NBA Authentic Jersey

Bet $100, Get Free Jersey

Get Up To $1,001 Free Bet

First Bet Matched Win or Lose

GAMEDAYGet bonus

New Customers Only, 21+. T&C’s Apply.

Betway Sportsbook

Betway Sportsbook

  • Easy-to-Use App

  • Quality promotions

  • Detailed Live Betting

Get Up To $250 FREE

Risk-Free Bonus

No code requiredGet bonus

New Customers Only, 21+. T&C’s Apply.



  • Custom Bets

  • Cash-out Feature

  • Plenty of Fruitful Promotions

Get Up To $500 Risk-Free Bet

New Player Offer

No code requiredGet bonus

New Customers Only, 21+. T&C’s Apply.

BetMGM Sportsbook

BetMGM Sportsbook

  • Terrific Promotions

  • User-friendly Layout

  • Live Streaming

Get Up To $1000 FREE

Risk-Free Bet

GAMEDAYGet bonus

New Customers Only, 21+. T&C’s Apply.

bet365 Sportsbook

bet365 Sportsbook

  • Easily Accessible Web Layout

  • Favorable Odds Compared to Competitors

  • Live Streaming & Live Betting

Get Up To $500 FREE

First Deposit Match

No code requiredGet bonus

New Customers Only, 21+. T&C’s Apply.

By Frank Ammirante

Dec 21, 2021

Benefits of Stanley Cup Betting Bonuses

Sportsbook welcome bonuses and promotions are highly useful, so be sure to take advantage. Below you’ll find the benefits of these bonuses.

  • Better Expected Value: Promotions give you better value for your bet. For example, odds boosts give you better odds on a specific bet (ex: Sidney Crosby to get a point and Pittsburgh to win).
  • Bet Credits: Welcome Bonuses, such as First-Deposit Bonuses, provide users with free bet credits to use on future wagers. The sportsbook matches the user’s first deposit up to a certain amount.
  • Trial Run: Betting Bonuses can come in the form of Free Bets or No-Deposit Bonuses. This allows users to test out unfamiliar betting markets without incurring their own financial risk.
  • Risk-Free: Welcome bonuses eliminate risk with your bets. For example, Risk-Free Bets are bonuses awarded to new users, where the sportsbook reimburses the first bet (if it loses) up to a certain amount.

Betting Sites With Stanley Cup Signup Bonuses

The best sportsbooks for Stanley Cup Betting include Signup Bonuses as well as specific promotions related to the NHL Finals. Let’s dive in to find which sportsbooks are best for Stanley Cup Betting.


DraftKings is a user-friendly app with several betting markets to choose from. The sportsbook offers new users with a first-deposit bonus up to $1,000. It’s great for Stanley Cup Betting because it provides several options for Same Game Parlays. This is important because you need this option, since there is only one game in the finals.


FanDuel is also an easily accessible app that enhances the user experience. The sportsbook provides new users with a risk-free bet up to $1,000 where you will get 100% of your bet back in site credit up to $1000 if your first bet is a loss. FanDuel is one of the best sportsbooks for Same Game Parlays, offering several player props to combine for a larger payout in a parlay.


Caesars is one of the leaders in the gaming industry. It has a comprehensive selection of betting markets with a sleek interface and organized layout. New users receive a free bet bonus, where the sportsbook matches the first bet up to $1,001. The sportsbook provides pre-set same game parlays for users to place wagers, such as “Nikita Kucherov to score and Tampa Bay Lightning to win.”


Bet365 is also a respected sportsbook in the industry. They have several betting markets with detailed live betting that even allows you to place wagers on live player props. Bet365 has a ‘Bet Builder’ feature, allowing users to combine game and player props along with moneyline and totals to create a Same Game Parlay.


TwinSpires is another user-friendly sportsbook with plenty of betting markets. They offer new users with a risk-free bet up to $1,000. TwinSpires also provides useful promotions like Parlay Profit Boosts, which adds winnings up to certain percentages, depending on how many bets are in your parlay.

Picking the Best Stanley Cup Bonus

It’s important to develop a criteria to help determine which sportsbook is right for Stanley Cup betting. You’ll find a helpful list below:

  • Type of Bonus: Check to see which type of bonus is provided by the sportsbook. First-deposit bonuses are preferred because you get bet credits just by depositing funds into your account. Risk-free bets are also useful since you are reimbursed for your first bet, but only if it loses.
  • Same Game Parlays: Same Game Parlays allow you to combine several selections within the same game to create a parlay with a larger payout. This is great because you can correlate your bets, such as Sidney Crosby over 1.5 points and Total Goals: Over 6. In this case, chances are that Crosby’s prop hits if the game total goes over. Same Game Parlays are huge for Stanley Cup betting because you only have one game to place a wager.
  • Live Betting: You’ll want your sportsbook to have a strong live-betting system in place, allowing you to place several wagers while the game has already started. This is especially important for Stanley Cup betting because you can find value when live betting.
  • Customer Support: You should explore the sportsbook before joining to see if they provide you with several communication methods for customer support. I really like the live chat feature because you can talk with a representative without having to wait a while for a response.
  • Payment Methods: It’s also important that your sportsbook offers several payment methods so that you can choose whichever is most convenient. It’s also good if they have quick withdrawal periods because you don’t want to be waiting a while to receive your winnings.

Best Stanley Cup Betting Bonuses

Every betting bonus is valuable, but some are more useful than others. Below you’ll find a ranking of my favorite betting bonuses.

Deposit Bonus

Deposit Bonuses are the best because you get bet credits in your account immediately upon making your first deposit. These bonuses usually vary from $100 to $1,000. It’s a great way to build your bankroll because you’re provided with free credits that can be used to add to your own funds. Bet credits are either non-withdrawable or they have playthrough requirements.

Risk-Free Bet

Risk-Free Bets are also useful because the sportsbook reimburses your first bet if it loses. The maximum amount usually varies from $100 to $1,000. This is great because you can take a shot on an underdog bet without incurring any financial risk, since you’ll get the money back in bet credits if it loses.

Stanley Cup Betting No-Deposit Bonus

No-Deposit Bonuses are provided to users without a requirement of any deposit. These are usually smaller amounts, ranging from $5 to $20. They are useful because you can use the bet credits on an unfamiliar betting market, such as Stanley Cup Betting. No-Deposit Bonuses can act as trial runs for inexperienced users.

Bet & Get

Bet & Get is when sportsbooks provide users with bet credits as a loyalty reward in exchange for requiring them to place a bet on a certain market. This is usually done to generate interest in marquee events, such as the Stanley Cup Finals. Bet & Get is also often smaller amounts, similar to Free Bets.

Best Stanley Cup Betting Promotions

There are several special promotions provided by sportsbooks to give users an opportunity to get more expected value on their bets. You’ll find my favorite Stanley Cup promotions below. These are examples of promotions that were provided during the Stanley Cup Finals.

Bet $20, Get $200 If Either Team Scores A Goal (PointsBet)

You needed to deposit at least $20, bet at least $20 on the Stanley Cup Finals, and you’d get $200 in bet credits if either team scores a goal. This was an easy way to get bet credits to use at PointsBet.

Bet $50 or More on Stanley Cup Winner, Get $5 Per Win (Unibet)

If you bet at least $50 on the Stanley Cup Winner with a futures prop, you would get $5 for each postseason win. This was a great way to add value to your futures bet.

Bet $20 on Any Team, Win $100 if they score a goal (BetMGM)

If you bet at least $20, you would receive $100 if they scored a goal. It’s great to have a reward that can be up to 5x your original bet on such a likely outcome as a goal scored!

Risk-Free Bet up to $500 (WynnBet)

WynnBet offered new users with a Risk-Free Bet up to $500 if the first bet was used on the NHL. This was a great way to explore the Stanley Cup betting market. You could use these bet credits to build your bankroll during the Stanley Cup.

How To Use Stanley Cup Betting Bonuses

The best way to use Stanley Cup sportsbook bonuses and promotions is to treat the bet credits as you would your own funds. Don’t be reckless with your bets, make sure that you are putting in the work by researching which plays are best bets.

If you get a first deposit bonus, don’t use all of the bet credits on longshot parlays. Spread out the bet credits with different bet types. Put more credits on straight bets because they have a higher probability of hitting, while sprinkling smaller wagers on longer shot parlays.

If you get a risk-free bet, choose an underdog because this gives you more expected value. Imagine you risk $100 on a bet that pays $230. If you lose, you get $100 back in bet credits. If you win, you get $230, since you hit on an underdog. This is better than betting on a game with -110 moneyline odds because in this case, you win $90 on your bet. Therefore, your two options are winning $90 in funds or winning $100 in bet credits, rather than $230 or $100.

Be sure to take advantage of multiple promotions and bonuses by signing up for more than one sportsbook. These are some terrific promotions that give you more bet credits than your original bets, such as the “Bet $20, Win $100 if they score” from BetMGM.

This is the best way to get the most bang for your buck with these bonuses.

Where Can I Legally Bet With NHL Stanley Cup Bonuses & Promotions?

You can bet with NHL Stanley Cup Bonuses and Promotions in the following states:

  • Arizona
  • Colorado
  • Connecticut
  • Florida (sort of)
  • Indiana
  • Iowa
  • Louisiana (coming soon)
  • Michigan
  • Nevada (in-person sign-up required)
  • New Hampshire (limited online options)
  • New Jersey
  • New Mexico (only in-person)
  • New York (coming soon)
  • Pennsylvania
  • Rhode Island (limited online options)
  • Tennessee
  • Virginia
  • Washington D.C. (limited online options)
  • West Virginia
  • Wyoming

Look for More than One Stanley Cup Betting Bonus & Promotion

It’s important to look for more than one Stanley Cup Betting Bonus and Promotion because you want to take advantage of the free bet credits on multiple sportsbooks. Over time, you will find that having multiple accounts at a variety of sportsbooks will save you money through price shopping and continued bonus and promotional offerings.

This also affords you the chance to take advantage of multiple sportsbooks new player offers. Find the one that is best for you and after completion, move on to the next. Be sure to take full advantage of the offers, as they are one time use only, so make the biggest bet or deposit that your bankroll can handle to maximize the offers.

This can help you build your bankroll. Remember, sports betting can be difficult, so you need to take any advantage that you can get.


By Frank Ammirante

Before joining The Game Day, Frank spent three years in the fantasy sports and betting industry, writing for websites like RotoBaller and 4for4football. Frank is an active member of the fantasy baseball and fantasy football community, participating in high-stakes leagues like NFBC/NFFC as well as industry competitions like Scott Fish Bowl, RazzBowl, and TGFBI. Frank is a member of the FSWA and IBWAA. Give him a shout to talk fantasy sports and sports betting.

Schedule & Odds

Top Offers

NFL Betting News

  • Early money slightly leaning towards the over in the 49ers-Rams matchup

    DraftKings Sportsbook is reporting good two-way action on the over/under for the NFC Championship Game matchup between the San Francisco 49ers and Los Angeles Rams.

    Betting Impact:
    Per DraftKings, the over of 46 points has attracted 55% of the bets and 60% of the money thus far. Much moreso than the AFC Championship Game, the betting splits on the point spread and total in this game are much more evenly split, so the sportsbook does not have too much liability on either at the moment. From a moneyline perspective, Los Angeles's -170 moneyline odds have attracted 60% of the bets and 70% of the money.

    SF vs. LAR Game Page

  • Early bettors give slight lean to the Rams over the 49ers

    Based on the betting splits at DraftKings Sportsbook, the favored Los Angeles Rams are getting slightly more betting attention in their matchup with the San Francisco 49ers.

    Betting Impact:
    Per DraftKings, Los Angeles's -3.5 point spread has received 65% of the bets and 61% of the handle thus far. Bettors are clearly torn in this matchup considering the Rams have arguably been playing better football through the first two playoff games, while the 49ers have won six consecutive games against the Rams, including a thrilling Week 18 overtime victory in Los Angeles.

    SF vs. LAR Game Page

  • Early money more than 4/1 on the over in the Bengals-Chiefs matchup

    DraftKings Sportsbook is reporting one-sided betting action for Sunday's over/under in the matchup between the Cincinnati Bengals and Kansas City Chiefs.

    Betting Impact:
    Per DraftKings, the over of 54.5 points has attracted 75% of the bets and 85% of the money thus far. At this point, the sportsbook has big liability to the Chiefs point spread and the over in this matchup, as their most ideal scenario would be a Bengals cover in a low-scoring game at the moment. From a moneyline perspective, Kansas City's -335 moneyline odds have attracted 58% of the bets and 61% of the money.

    CIN vs. KC Game Page

  • Early money 3/1 on the Chiefs over the Bengals

    DraftKings Sportsbook is reporting one-sided betting action for Sunday's matchup between the Cincinnati Bengals and Kansas City Chiefs, as the majority of the action is backing the favored Chiefs.

    Betting Impact:
    Per DraftKings, Kansas City's -7 point spread has received 61% of the bets and 76% of the handle thus far. Cincinnati is shaping up to be the biggest need of any side or any total this weekend, as the public seems to be enamored with the Chiefs after their thrilling Divisional Round win over Buffalo.

    CIN vs. KC Game Page

  • 49ers-Rams over/under reaches lowest number of the week

    After another line movement, the over/under for the NFC Championship matchup between the San Francisco 49ers and Los Angeles Rams has reached its lowest total of the week.

    Betting Impact:
    Per DraftKings, the 49ers-Rams over/under on Sunday night was posted at 47.5 points. It was quickly bet down to 46.5 in less than 24 hours. However, it has once again moved toward the under, and now currently sits at 46 points. Given that there has not yet been buyback on the over, it is extremely unlikely we see the total get back to anywhere close to the 47.5 points it opened at.

    SF vs. LAR Game Page