The NJ sports betting market is slowly building toward its summer relaunch.
And by relaunch, we mean the NHL and NBA will be back. It also seems highly likely Major League Baseball will return to the fold at some point.
DraftKings Sportsbook customers are so excited about the return, that NHL betting action is picking up before the schedule is even released.
Stanley Cup odds shift at DraftKings
If we go back to March 10, just days prior to the> COVID-19 shutdown, the Philadelphia Flyers odds of winning the Stanley Cup were at +1400.
The current DraftKings odds are +900.
The New York Islanders, on the other hand, went from +3500 to +4000. The line on the New York Rangers remains at +4000.
The Toronto Maple Leafs are the biggest longshot of the 10 teams with odds of +2700. Back in March, the line was at +2000.
Being ranked among the top four teams in the East, the Flyers are playing in a round-robin with three other teams to determine seeding. This explains the lower odds.
The other three franchises mentioned, on the other hand, must first advance out of the qualifying round.
So there is a chance all three of these teams could be eliminated before the traditional Stanley Cup bracket begins.
NHL betting trends at DraftKings
NHL betting doesn’t come close to generating the interest that the NFL and NBA does.
Then again, we are entering unfamiliar territory in the NJ sports betting world.
Seriously, when 2020 started, who would’ve predicted that a global pandemic would lead to a four-month shutdown of professional sports?
With that being said, there is a chance that once NHL teams open training camps, the wagering action could pick up.
But looking at the current DraftKings trends, none of the teams are attracting a significant amount of handle or bets. Take a look:
The Flyers and Washington Capitals, for instance, are drawing 14% of handle. The Colorado Avalanche are next at 12%.
Again, not eye-opening numbers. And no clear betting favorite.
But the team from the Centennial State currently has 15% of the bets.
The Boston Bruins are second at 14%, while the Flyers’ action is at 12%.
Now it’s just a matter of waiting for the NHL to drop the puck.