The Toronto Maple Leafs are one of the oldest and most storied franchises in the NHL. They are also one of the most popular teams to bet on in the NHL, so in this guide, we’ve broken down how to bet on the Leafs and understand the different types of bets and odds you’ll find as well as a little background information on the team.
Toronto Maple Leafs Odds
How to Bet on Toronto Maple Leafs Games
The Toronto Maple Leafs are the second most valuable club in the league per Forbes, and they have one of the most dedicated and outspoken fanbases you’ll come across. It doesn’t matter whether you’re a fan, a hater, or something in between, if you want to make money betting on the Toronto Maple Leafs, you’ve come to the right place.
We’ll break down the Leafs odds, what they mean, and how to read them. We’ll also discuss the best types of bets to make on the Leafs, give a breakdown of the NHL, odds for the Leafs to win the Cup, and much more!
Leafs Betting Markets
There are many different betting markets to choose from, so it’s important to do your research and pinpoint where you think the oddsmakers are offering you value.
It’s also important to ensure that you’re only betting on markets that you understand and are familiar with. With that in mind, we’ve broken down some of the most popular betting types below.
- Moneyline: This is the simplest type of bet and the one that beginners should stick with when they’re first getting into Leafs betting. This is a simple wager on who will win the game, with overtime and shootouts included in that result.
There is also the three-way moneyline bet which concerns only the regulation 60 minutes. Here, you can bet on either team to win or for the game to be tied at the end of regulation.
- Totals: This type of betting market is based on how many goals will be scored in the match regardless of the result. Displayed in the over/under format, bettors need to bet on whether or not they think there will be over or under a set number of goals.
- Puckline: Similar to point spread for NBA or NFL and runline for baseball, this is a bet on how many goals a team will win or lose by.
For example, if the Leafs have a -1.5 puckline and you bet on them, your bet will only hit if the Leafs win by two goals or more.
On the flip side, if the Leafs have a +1.5 puckline, that means your bet will win as long as the Leafs don’t lose by more than one goal.
- Player Props: These are bets on specific performances by individual players. You can bet on a player to score, how many shots they might take, how many saves they’ll make, or whether they’ll get an assist.
- Futures: These are bets that encompass an entire season instead of one game. Examples of futures bets would be which team will win the Stanley Cup, which team will win the President’s Trophy, which player will win the Hart Trophy, which player will lead the league in goals or assists, and much more.
How to Read Leafs Betting Lines?
The most important part of betting is reading the Leafs odds or lines and understanding what they mean in terms of value. The odds for any betting market refer to the implied probability of that bet hitting. Low odds mean something has a higher probability of happening in the game while high odds mean something has a lower probability. The lower the odds, the lower the payout, the higher the odds, the higher the payout.
There are three main kinds of odds you will find: decimal, fractional, and American. For decimal odds the process is simple, the higher the decimal number, the higher the odds. To find your payout, you simply multiply your stake by your odds.
For example, if you bet $100 on the Leafs to win the Stanley Cup at 4.5 odds, you’re going to win 100 x 4.5 = $450.
Fractional odds use the same process; only the odds are displayed in fractions, for example 10/1 or 9/8.
The most common type of odds you’ll find in North America, however, are American odds. These are displayed with a ‘+’ or a ‘-’ and a number. The higher the number next to the ‘+’ the higher your odds, but the higher the number next to the ‘-’ the lower your odds. The ‘+’ usually means you’re betting on an underdog or something with a lower probability. The ‘-’ means you’re probably betting on a favorite or something with a higher probability.
The number next to the ‘+’ is how much you win on a $100 bet, the number next to the ‘-’ is how much you need to bet to win $100. For example, if you bet $100 on the Leafs to win the Stanley Cup at +300 odds and you win your bet, you stand to win $300 on top of your $100 stake. If you bet the Leafs to win a game at -150 odds you will need to bet $150 to win $100.
Leafs Trophy Watch
Some people prefer betting on NHL futures rather than daily single game matchups. The most common types of markets for this betting type are the awards winners. Below we’ve broken down some of the major trophies and how the Leafs are faring in those races.
- Hart Trophy: The NHL’s MVP trophy, Toronto’s Auston Matthews took home the award last season, the first time a Leafs player has done so since 1955.
Last season Matthews wasn’t quite as dominant, and dropped out of the top 12 in terms of odds after entering the season with the second highest probability.
- Vezina Trophy: This award is handed out to the league’s top goalie every year. Last season, the Leafs odds for winning were pretty slim, as they split time between the pipes pretty evenly between Ilya Samsonov and Matt Murray. Neither were in the top 10 in terms of odds of winning.
- Norris Trophy: Here we celebrate the best defenseman in the league. The Leafs don’t have any elite blue liners to speak of so there’s little chance of Toronto figuring into the race for this award in 2023.
- Jack Adams Trophy: This award is presented to the NHL’s best coach of the year. It’s usually given to a coach who leads his team to a great regular season record or one who engineers a big turnaround for a previously poor team.
Toronto’s Sheldon Keefe was solid, but was considered a long shot winner after landing just outside the top 10 for this award. He had a chance if the Leafs went on a crazy run to finish the year.
- Rocket Richard Trophy: Unlike the other awards, this one is based on statistics rather than opinion. The Rocket Richard Trophy is awarded to whoever scores the most goals.
With just over 60 percent of the season finished, Toronto’s top goal scorer was William Nylander with 28. But he was far behind the favorite Connor McDavid, who already had 41.
- President’s Trophy: One of the team awards, this one is also based on stats. The President’s Trophy is awarded to the team who racks up the most regular season points.
The Leafs odds were third-best at one point in the season. They were still a long shot compared to the league-leading Bruins, who ran away with this one.
Leafs 2023 Season
The Leafs are one of the most exciting teams to watch if you’re a hockey fan. They can be downright frustrating for Leafs fans.
They’ve got all the talent and depth in the world. They play a brand of hockey that amounts to great entertainment. They have been unable to perform once the playoffs come around.
- Stanley Cup Odds: The Leafs had no problem making it into the playoffs. They finally got the monkey off their back that was perched there over the last six straight first-round exits for the team.
They are one of the betting favourites to win the 2023-2024 Stanley Cup. The Leafs have +850 odds on Betway.
👉 Check out our Stanley Cup odds page to get more insights.
- President’s Trophy: The Leafs did not make up the amount of groundthey needed to take the top overall seed in the NHL from the Bruins. They sat third at one point with +1300 odds to finish with themost points.
- Win Atlantic Division: The Bruins are also in the Leafs’ Atlantic division so if they can catch Boston, they’ll likely take both the President’s Trophy and the Atlantic Division, though the Bruins are currently enormous -4500 favorites to win the Atlantic, with the Leafs sitting as runners up with +1300 odds.
- Playoff Berth: he Leafs made the playoffs. At one point, the Leafs odds to make the playoffs were at -20,000, so there was really nothing to gain by betting on this market at the time. That means you’d have to bet $20,000 just to make a hundred bucks. If you want to know what value is, it’s the exact opposite of a bet like that.
Maple Leafs Betting Strategy
It’s always good to come into anything with a plan or strategy, and we believe that’s true when you’re betting on the Leafs as well. To help you get started, we’ve listed a few of our favorite Maple Leafs betting strategies below.
- Line Matchups: The NHL is all about lines, so a good way to bet on games or player props is to look at the specific lines that are likely going to be matching up with each other.
For example, if the Leafs are going up against a team with a second defensive pairing that’s not very good, look at the guys on the Leafs second offensive line to have strong games.
- Travel Considerations: NHL teams play a ton of games. They play quite often while traveling all over the continent. Knowing what kind of travel the Leafs or their opponents had to do prior to a matchup can be helpful.
For example, if the Leafs come into a game on two days' rest against an opponent who just played across the country the night before, it’s probably a good night to bet on the Leafs.
- Follow Injuries: Keep yourself up to date on all the injuries and news surrounding the Leafs to help find yourself some value on the betting lines. For example, if you know Auston Matthews is going to be out, try looking for some props on William Nylander or Mitch Marner to pick up his slack.
How to Get the Most Out of Maple Leafs Betting Lines?
When you’re trying to find the right bet to make, it helps to be able to look at odds from several different sportsbooks because they don’t usually have the exact same odds on every market.
If you want to make the most of your Leafs betting lines, you will do what we call “shopping lines". Shopping lines means visiting different sportsbooks and comparing the odds
Once you’ve found the best odds for that market, then you can pull the trigger and make your bet knowing you got the most value you possibly could.
How to Find the Best Welcome Bonus for Leafs Vegas Odds
Another thing you want to consider when choosing a sportsbook to bet with is whether they’re offering bonuses on Maple Leafs games and markets.
A good welcome bonus is a great way to get started, so usually you just need to surf around and find the bonus that fits best with the level of financial investment you want to make in your Leafs betting hobby.
NHL Season Structure & Format
To bet successfully on any sport you need to understand how that sport and the league in question operates. In the NHL there are 30 teams split into two conferences, the Western Conference and the Eastern Conference. Every team plays 82 games during the regular season, picking up two points for a win, one for an overtime or shootout loss, and zero for a loss in regulation.
The top three teams from each division automatically qualify for the playoffs. Then, the two teams with the best records, of the remaining teams, are awarded the final two spots. Teams are ranked by the number of points they’ve accumulated with the No. 1 seed taking on the second wild-card teamin their conference, the second division winner in the conference playing the first wild-card team. The No. 2 and No.3 teams from each division play one another. Each round is decided by a best of seven series where the first team to four wins advances to the next round.
The first round features 16 teams, the next round has eight, and the Conference Finals see the final four battle it out for the two spots in the Stanley Cup Finals. The Stanley Cup Finals then feature the team that advanced out of the Eastern Conference taking on the team that advanced from the Western Conference for the right to lift the Stanley Cup.
How to Choose Your Sportsbook
We suggest signing up with more than one sportsbook to get your Leafs betting done, and it's important to make sure you’re going with the best of the best.
We’ve listed a few of the best sportsbooks for betting on the Maple Leafs above, but here we’ll break down what to look for in terms of the different aspects of a sportsbook when making those choices.
- Security: You don’t want a sportsbook to make off with your money, so make sure you choose a reputable and respected sportsbook that you know is licensed and regulated by the proper gambling authorities wherever you live.
- Banking: You need to ensure that whatever sportsbook you choose will accept your preferred method of deposit and withdrawal because without money in your account, you can’t do any betting. You want to try and avoid any fees that could be incurred as well so be sure to check on that.
- Leafs Betting Lines: If you intend to do most of your betting on the Leafs and the NHL, you want to find a sportsbook that puts hockey front and center with tons of betting options as well as competitive odds for those markets as well.
- Bonuses: Promotions and bonuses can be a big factor in making your decision, as they’re a great way to lessen the financial impact on yourself with free bets and welcome bonuses while also adding value to your bets with boosted odds and the like.
- Betting Features: You want to be able to bet in a variety of ways so checking on what kind of betting features your sportsbook has is crucial.
You want to make sure they’ve got a mobile betting app so you can bet on the go, live betting so you can put bets in during the action, and early cashout so you can still come away with a part of your stake if you realize you made a bad bet.
Is It Legal to Bet on the NHL In Canada?
It is legal to bet on the NHL, the Leafs, and most other sports in Canada as sports gambling was legalized in the country over the last few years.
There are still a lot of shady gambling sites that may not be licensed, but by and large most of the sports betting sites you come across will be operating legally.
How to Open A Betting Account
If you’re a beginner it might seem tough to figure out how to open up a sports betting account, so below we’ve put together a step by step guide for you so you don’t make any mistakes while going through the process.
- Sign up - Find the sign up button, which is usually located at the top right corner of the sportsbook’s homepage. Once you’ve clicked that you’ll be prompted to provide the sportsbook with all of your personal information including name, address, email, phone number, and other things of that nature.
- Deposit - Once your account is all set up, you need to put some money in your account with which to bet. Go through the deposit process and provide the necessary financial information based on what kind of banking method you’ll be using for your betting needs.
- Place Bet - Now that your account is flush with cash, you can start scoping out which betting markets you think offer the most value. Identify those markets, input your stake (how much money you’re betting), place your bet, and get ready for the winnings to start rolling in!
About the Toronto Maple Leafs
The Toronto Maple Leafs are one of the oldest and most successful NHL franchises in the history of the league, having been founded over 100 years ago in 1917 and winning 13 Stanley Cups, second-most all-time, during that period. However, their recent history has been a little bit more frustrating despite a lot of regular season success and a lot of talented players coming through the organization. The Leafs currently hold two of the most dubious active NHL records.
Longest Postseason Series Win Drought - 17 Seasons
The Leafs have actually been a solid team that has made seven postseason appearances during this drought, only to lose in the first round each and every time. This includes losing in the first round of the postseason in six straight years dating all the way back to 2017. It’s not even the fact that they’ve lost those series that’s the worst of it either, it’s the way they’ve lost.
- In 2017, they were up 2 games to 1 before the Washington Capitals came back and won three straight to eliminate them.
- In 2018 against the Boston Bruins they came back from down 3 games to 1 to force a Game 7 where they took a 4-3 lead into the third period before giving up a whopping four goals to lose 7-4.
- In 2019 they were up 3 games to 2 against the Bruins but lost the final two games of the series, including a 5-1 loss in Game 7.
- In 2020 they lost 3-2 in a five-gamer against the Columbus Blue Jackets.
- In 2021 they went up 3 games to 1 against arch rivals Montreal Canadiens but lost two straight overtime games before losing Game 7 3-1.
- In 2022 they went up 3-2 on the Tampa Bay Lightning before losing Game 6 in overtime and falling again in Game 7. That is true sports torture right there.
Longest Stanley Cup & Stanley Cup Finals Appearance Drought - 54 Seasons
The other record the Leafs carry with them is the longest span without making the Stanley Cup Finals or winning the Stanley Cup, both of which they last did in 1967, losing five times in the Conference Finals since then. It is not only the longest active Stanley Cup drought but the longest Stanley Cup drought period. It is also one of the longest active championship droughts in North American sports.
Toronto Maple Leafs Top Players
The Maple Leafs have never been short on talent, it’s simply results they can’t seem to nail down. The 2022-2023 roster is no different as the Leafs have quality up and down their lineup once again.
Mitch Marner led the way with 99 points, good for 13th in the NHL including 69 assists, which is tied for 5th in the NHL, and William Nylander is their top goalscorer with 28, tied for 12th in the NHL.
Ilya Samsonov’s .919 save percentage slots him in the top 10 in the NHL there. Toronto also had six players with 20+ goals last season: Marner, Nylander, Auston Matthews, John Tarvares, Michael Bunting, and Calle Jarnkrok.
To make sure we’ve covered all our bases when it comes to the history of the Maple Leafs, how to bet on their games, and their betting odds, we’ve put together a quick FAQ section with questions that we come across most commonly.
When did the Leafs last win the Stanley Cup?
They last won Lord Stanley’s Cup in 1967, a 50+ year drought that is longer than any other NHL team has seen in history.
When did the Leafs last win a playoff series?
Toronto lost seven straight first round series going back to their last series winback in 2004. They finally won a series in 2023 against the Tampa Bay Lightning, winning 4-2.
Is it legal to bet on the NHL in Canada?
Yes, it is legal to bet on all sports in Canada as long as you’re doing so with a properly licensed and registered sportsbook.
What division are the Leafs in?
The Leafs play in the NHL’s Atlantic Division, which also features the Boston Bruins, Montreal Canadiens, Tampa Bay Lightning, Buffalo Sabres, Florida Panthers, Ottawa Senators, and Detroit Red Wings.
Who is the Leafs’ biggest rival?
It’s always been the Montreal Canadiens, a rivalry that goes back over a century. It’s the battle between English and French, Ontario and Quebec, and the two teams with the most Stanley Cup championships. Lately, the Bruins have become a major rival as well thanks to their last few playoff battles.
How can I bet on Maple Leafs games?
Scroll on up through our comprehensive betting guide for things like how to open an account, where to find the best Maple Leafs odds, and what to look for in a sportsbook.
Where do the Toronto Maple Leafs play?
The Leafs used to play at legendary Maple Leafs Gardens, but they moved to the Air Canada Center in 1999. The Air Canada Center was subsequently renamed the Scotiabank Arena, which is its current name.
Who is the all-time points leader for the Maple Leafs?
Swedish forward Mats Sundin is the all-time leader with 987 points in 981 games during his 13-year career in Toronto.
When were the Toronto Maple Leafs founded?
The Toronto Maple Leafs were founded in 1917, originally being named the Toronto Arenas before settling on Maple Leafs in 1927.