NHL Betting: Las Vegas Gets Awarded Franchise To Play 2017-18

Thursday, June 23, 2016 2:36 PM GMT

The NHL has just awarded Las Vegas its 31st franchise on Wednesday, making the announcement in Sin City after its annual Board of Governors meeting.

NHL Awards Franchise to City of Las Vegas
On Wednesday, Commissioner Gary Bettman announced from the Encore Las Vegas hotel in Las Vegas that the NHL had accepted the city’s expansion bid and that the league would expanding to 31 teams with the Las Vegas franchise—possibly to be named the Black Knights or Knights—looking to start play in the 2017/18 season and will play in Western Conference.

The vote was a unanimous 30-0 to bring a new franchise to Las Vegas and the announcement came today on the eve of the just-completed annual Board of Governors Meeting and the NHL Awards Show (NBCSN, 7 p.m. EDT/4 p.m. PDT) held at the Hard Rock Hotel & Casino. To get the franchise, Las Vegas needed to get at least 24 of the NHL’s 30 existing owners to vote in favor of adding a new team. Bettman also announced The Board decided to defer on a decision for now on the bid for a new NHL franchise from Quebec City, citing some current weakness in the Canadian dollar as one of the reasons for this decision.

Las Vegas (population 2,300,000) is the largest US city without a major professional sports team and the Southern Nevada city has long sought an NHL franchise and Sin City is also currently in the mix of possibly landing the NFL’s Oakland Raiders and the MLS has also explored the idea of putting a franchise in its league from Las Vegas. The city just opened T-Mobile Arena just west on the Las Vegas Strip, built specifically for a hockey team and some 13,500 season ticket deposits were booked to help raise the $500 million expansion fee.

Efforts to get an NHL franchise in Las Vegas have been effectively spearheaded by Bill Foley, who expansion bid is run by Black Knight Sports and Entertainment—the possible nickname for the new Las Vegas NHL franchise and the nickname of Foley’ alma mater, the US Military Academy at West Point (Army). A nickname will be finalized in the future.

 

Odds to Win 2016/2017 Stanley Cup
Chicago Blackhawks 6/1 (6/1) 
Washington Capitals 8/1 (8/1)
Pittsburgh Penguins 8/1 (8/1)
Tampa Bay Lightning 12/1 (12/1)
Dallas Stars 12/1 (12/1)
Anaheim Ducks 12/1 (12/1)
Los Angeles Kings 12/1 (12/1)
San Jose Sharks 12/1 (12/1)
Montreal Canadiens 14/1 (14/1)
Florida Panthers 14/1 (14/1)
St. Louis Blues 14/1 (14/1)
Minnesota Wild 20/1 (20/1)
Nashville Predators 25/1 (25/1)
New York Rangers 25/1 (25/1)
Edmonton Oilers 30/1 (30/1)
Boston Bruins 30/1 (30/1)
New York Islanders 30/1 (30/1)
Columbus Blue Jackets 30/1 (30/1)
Detroit Red Wings 40/1 (40/1)
Philadelphia Flyers 40/1 (40/1)
Ottawa Senators 50/1 (50/1)
Calgary Flames 60/1 (60/1)
Winnipeg Jets 60/1 (60/1)
Colorado Avalanche 60/1 (60/1)
Buffalo Sabres 80/1 (80/1)
Arizona Coyotes 80/1 (80/1)
Carolina Hurricanes 100/1 (100/1)
New Jersey Devils 100/1 (100/1)
Toronto Maple Leafs 100/1 (100/1)
Vancouver Canucks 100/1 (100/1)

 

NHL Eastern Conference Odds
Washington Capitals 7/2 (7/2)
Pittsburgh Penguins 7/2 (7/2)
Tampa Bay Lightning 5/1 (5/1)
Florida Panthers 5/1 (5/1)
Montreal Canadiens 7/1 (7/1)
New York Rangers 12/1 (12/1)
Boston Bruins 15/1 (15/1)
New York Islanders 15/1 (15/1)
Columbus Blue Jackets 15/1 (15/1)
Detroit Red Wings 20/1 (15/1)
Philadelphia Flyers 20/1 (15/1)
Ottawa Senators 25/1 (25/1)
Buffalo Sabres 40/1 (40/1)
New Jersey Devils 50/1 (50/1)
Toronto Maple Leafs 50/1 (50/1)
Carolina Hurricanes 50/1 (50/1)

 

NHL Western Conference Odds 
Chicago Blackhawks 11/4 (11/4)
Dallas Stars 6/1 (6/1)
Anaheim Ducks 6/1 (6/1)
Los Angeles Kings 6/1 (6/1)
San Jose Sharks 6/1 (6/1)
St. Louis Blues 7/1 (7/1)
Minnesota Wild 10/1 (10/1)
Nashville Predators 12/1 (12/1)
Edmonton Oilers 15/1 (15/1)
Calgary Flames 30/1 (30/1)
Winnipeg Jets 30/1 (30/1)
Colorado Avalanche 30/1 (30/1)
Arizona Coyotes 30/1 (30/1)
Vancouver Canucks 50/1 (50/1)

 

Conclusion
As you can see, betting odds show 2015/16 Hart Memorial Trophy-favorite Patrick Kane and the Chicago Blackhawks 6/1  as betting pick to win the Stanley Cup 2016/2017 this coming season—which begins on Oct. 12 and runs through April 9, 2017 with the NHL Playoffs beginning on April 12 and going in through mid-June—but it there is a market of the four major US professional sports where value is to be found and anyone can win year-in and year-out, it’s the National Hockey League. This provides a variety of betting opportunities in sportsbooks. “I think Vegas will be a great venue,” the Blackhawks Kane reportedly said of the new Las Vegas NHL franchise. “I’m sure they’ll probably have a good home record, but at the same time, it will be fun for a lot of us to play somewhere different. I don’t think you ever envision playing hockey in a place like this.”