Edmonton Oilers

The Edmonton Oilers are among the few NHL teams that had the pleasure of fielding the legendary Wayne Gretzky during the 80s. The Gretzky era brought the Oilers four Stanley Cup titles, followed by another championship run in 1990. The team has struggled to return to the top ever since but has had solid performances lately, not missing the playoffs since 2019.

Do you think the Oilers are serious contenders for another championship? Are you willing to bet on it, or at least put a few bucks on their next game? If you’re curious about wagering on the Oilers but don’t know how or where let us walk you through the basics.

Edmonton Oilers Betting Odds — Types of Bets

An average Canadian-friendly sports betting site offers a large field of bets on the Oilers. You can stick to standard bets, like the moneyline or over/under, or dig deeper to uncover various proposition wagers and predict individual player performances.

Moneyline

If you’re a complete beginner, you should start with a moneyline. This bet challenges you to forecast the winner of a hockey game:

• Edmonton Oilers -160
• Winnipeg Jets +135

The Oilers are favoured to win against the Jets, which is why the odds next to their name are expressed in negative numbers. They indicate you need a $160 wager to gain a $100 payout. The Jets are less likely to win, so you need less money to make a bigger profit — a $100 bet on the Winnipeg Jets will cash you in $135.

This is a standard moneyline that counts if the game goes into overtime. There’s also the 60-minute moneyline where you can bet on what happens after three periods, including a tie.

Puck Line

The puck line or point spread is a bet that considers the winning margin. For the NHL, this margin is almost exclusively at 1.5 for every game, so the goal is to guess if the favoured team will prevail by two or more goals or if the underdog will manage to win the game or lose by only a single goal.

• Edmonton Oilers (-1.5) +150
• Winnipeg Jets (+1.5) -190

As you can see, the roles have now switched. When you take 1.5 points off the Oilers’ total, they become the underdogs.

Totals (Over/Under)

To guess the total number of goals in an Oilers game, you’ll have to check the totals market. You won’t have to predict the exact number of goals (although there is a market for that, too), but rather if the total is going to go over or fall below a certain threshold:

• Over 6.5 -120
• Under 6.5 +100

Seven or more goals imply a win on the “over” bet, while six or fewer indicate the “under” bet is the winner. The line might sometimes be a whole number, in which case a push is possible, assuming the total matches that number.

Futures

If you feel that the Edmonton Oilers will end their championship drought and finally bring home the Stanley Cup again, you should explore the futures markets, which let you put money on the outright NHL winner.

Other long-term markets include conference and division winners, predicting whether a team will make the playoffs, over/under on the team’s season win total, and the winners of individual awards, like Connor McDavid winning the Hart Memorial Trophy.

Edmonton Oilers Props

Proposition betting on the Oilers includes guessing the outcome of various occurrences during the game, like what the correct score will be, the winner of the first period, the first team to score a goal, players that will score a goal, how many saves a goalie will have, and more.

Live Betting

Live betting allows you to place a bet on the Oilers anytime during the game. The spread and total lines may shift based on the current score, and so will the odds for the moneyline and other types of bets. The range is usually wider compared to pre-match ones, as you can now bet on in-play markets like the next goalscorer or the winner of the current period.

Parlays

You’re free to put multiple selections on your online betting slip, creating a parlay. You can combine the bet on the Edmonton Oilers with a number of other NHL games on offer. This will boost your total potential payout, but keep in mind that all of your selections must win.

Who Has the Best Odds on the Edmonton Oilers?

There are lots of Canadian online sportsbooks that feature the Edmonton Oilers odds, and they can all offer different prices and lines. Sportsbook A might have the Oilers at -150 odds to win a game, while Sportsbook B puts them at -160. In this case, you’ll stick to Sportsbook A, but you might also want to check other options to find the absolute best value for your bet.

Also, odds can change over time, so it’s best to open accounts on multiple betting sites in order to take advantage of the best prices. While you’re shopping for the best odds, look for promotions that might benefit you, including odds boosts and free bets.

Edmonton Oilers History

The Edmonton Oilers joined the NHL in 1979 and almost immediately became a major contender thanks to having the talented Wayne Gretzky in their lineup. The Oilers’ championship dynasty began in the 1983–84 season. The team finished first overall and beat the Jets, Flames, and North Stars en route to the Stanley Cup Finals, where they took down the New York Islanders, retaliating for the SCF loss from a year before.

The Oilers would go on to defend the title the next year, with the 1984–85 team being hailed as the greatest NHL team of all time, featuring the formidable trio of Gretzky, Kurri, and Anderson. The Oilers’ dominance was briefly interrupted by a surprising loss to the Calgary Flames the following year, in the second round of the playoffs, but they went on to complete another back-to-back in 1987 and 1988. Following Gretzky’s departure, Edmonton remained competitive for a few more years and won its fifth Stanley Cup in 1990.

After a decade and a half of relative mediocrity, the Edmonton Oilers reached the SCF in 2006 but lost to Carolina Hurricanes in seven games. This marked the beginning of a playoff drought for the Oilers that would last for ten consecutive seasons. Tide has slowly begun to turn for the Oilers in recent years, as they’ve been quite competitive from 2019 onward, propelled by their drafted star Connor McDavid.

How to Find Edmonton Oilers Betting Odds and Place a Bet

This is what placing a bet on the Edmonton Oilers online usually looks like:

1. Pick a top-rated online sportsbook that accepts Canadians.
2. Register and place a deposit, all while carefully reading what you must do to unlock the welcome offer.
3. Find the NHL among the list of available ice hockey leagues.
4. Navigate to the next Oilers game and browse the available markets. You will usually see the main markets (moneyline, puck line, and over/under), but if you click/tap on the game, you’ll reveal other options as well.
5. Click/tap the odds, and you’ll see them on a virtual betting slip.
6. Type in the stake, verify your wager and submit.

FAQ

Where to find the latest Edmonton Oilers odds?

You can find Oilers’ odds at virtually every sportsbook that accepts Canadians, but you should stick to tried and tested ones that are safe and fair, offer competitive odds, and can reward you with bonuses.

Can I bet on the Edmonton Oilers to win the Stanley Cup?

Yes, you can navigate to the outright winner market and bet on the Oilers to win the Stanley Cup Finals. This market is open before and throughout the regular season and the playoffs but not while the games are in play.

Are Edmonton Oilers games available for live betting?

Yes, you can place various wagers on the Oilers’ games while the players are on the ice rink.