2026 NHL Trade Deadline Tracker: Betting Odds, Trade Analysis & Market Movement

Josh Inglis keeps you updated with the latest NHL deals, and breaks down the betting impact of each move made leading up to the NHL Trade Deadline on Friday.

Josh Inglis - Betting Analyst at Covers.com
Josh Inglis • Betting Analyst
Mar 3, 2026 • 08:32 ET • 4 min read
NHL Trade Deadline Betting 2026 Robert Thomas Vincent Trocheck
Photo By - Reuters Connect. St. Louis Blues center Robert Thomas (18) and New York Rangers center Vincent Trocheck (16) battle after a face-off.

With the NHL fully back in action, the next milestone ahead of us is the NHL Trade Deadline, set for this Friday (March 6).

There have been several big names moved already, but there are still plenty of big fish available to land for Stanley Cup odds favorites — and I'll help you stay on top of everything you need for effective NHL Trade Deadline betting.

Read on for my 2026 NHL Trade Deadline tracker, with real-time trade analysis, a look at the top deadline targets remaining, and how NHL betting odds are affected by each deal. 

Trade deadline at a glance

Notable completed trades in 2026

Team Date Team
Oilers Oilers
Connor Murphy
Mar. 2 Blackhawks Blackhawks
R2 pick (2028)
Avalanche Avalanche
Brett Kulak
Feb. 24 Penguins Penguins
Samuel Girard
R2 pick (2028)
Kings Kings
Artemi Panarin
Feb. 4 Rangers Rangers
Liam Greentree
R3 pick (2026)*
Islanders Islanders
Ondrej Palat
R3 pick (2026)
R6 pick (2027)
Jan. 28 Devils Devils
Maxim Tsyplakov
Canucks Canucks
Cole Clayton
R2 pick (2026)
R2 pick (2027)
Jan. 19 Sharks Sharks
Kiefer Sherwood
Flames Flames
Zach Whitecloud
Abram Wiebe
R1 pick (2027)
R2 pick (2028)
Jan. 18 Golden Knights Golden Knights
Rasmus Andersson

*3rd-round pick becomes a 2nd-round pick if Kings win a playoff round.

Stanley Cup odds favorites

Team Bet99
Avalanche Avalanche +300
Lightning Lightning +390
Hurricanes Hurricanes +550
Golden Knights Golden Knights +850
Oilers Oilers +1100
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Latest 2026 NHL Trade Deadline tracker

Trade: Oilers acquire Connor Murphy from Blackhawks for a 2028 second-round pick and 50% salary retention 

The betting shift: The Edmonton Oilers' outright price moved from +1200 to +1100 following the trade, but their divisional outright stayed put at +700

Trade analysis: Everyone knew the Oilers needed goaltending, but bolstering the blue line at a reasonable cost with a right-shot, stay-at-home defenseman to pair with Darnell Nurse is a strong move. It addresses a key structural need and should pay dividends once they solidify the crease.

With one or two more additions, this roster is capable of getting back to the Finals. If Edmonton continues to improve, I’ll be looking to add more Connor McDavid MVP exposure and take a position on them to win the Pacific at +700.


Top NHL Trade Deadline targets remaining + betting outlook

  • Robert Thomas (STL): Young, legitimate top-two center signed long term with a no-trade clause. If moved, he would significantly impact line combinations and market prices.

  • Vincent Trochek (NYR): Adds strong depth down the middle. Excellent in the faceoff circle and reliable on the penalty kill. Projects as a high-end No. 2 center who would improve both playoff outlook and outright odds.

  • Nazem Kadri (CGY): If slotted as a No. 2 center, his impact would be similar to Trocheck’s. If acquired as a No. 3 center, that team is extremely well-positioned down the middle.

  • Jordan Binnington (STL): A move to Montreal could shift numbers, but he doesn’t move the needle much for me. His club numbers this season have been underwhelming, and I wouldn’t price him purely off his Team Canada performance. That said, Montreal’s outright odds would shorten if he lands there.

  • Steven Stamkos (NAS): Trending upward in 2026, but it’s hard to see him landing in a situation where he runs a PP1 unit for a true contender. Even if he goes to Detroit, I wouldn’t view their scoring group as strong enough to change their ceiling.

Popular NHL futures markets


How to bet the NHL Trade Deadline

  • Fading the "New Arrival" Bump
    Don't be surprised if a brand-name player doesn't stuff the statsheet on his first day with a new club. There is an adjustment period, and waiting a couple of games might bring the best value before backing them.

  • Player Prop Hunting
    Players moving to better teams might not have the same role they had previously. If a player goes from a top-line role and PP1 to line two and PP2, his prop projections should drop. Usage is everything.

  • The "Addition by Subtraction" Angle
    Winning for bad teams is not rewarded at this time of the year. If a team is in the market to move a key player, beating the books to some point totals and/or other future markets can be profitable. Everyone wants to bet the Over on teams making additions, but don't forget about the subtractions.

  • Open opportunities: There will always be more eyes (and bets) on the big-name player moving to another team in the prop market, but, like above, don't forget what the subtraction will do to the lesser team, which will likely have to fill key roles with new names. Find those names. 

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NHL Trade Deadline FAQ

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Josh Inglis - Covers
Betting Analyst

Josh Inglis is a rising star in the sports betting content space, specializing in MLB, NHL, and NFL markets. Since joining Covers in 2019, Josh has focused his betting expertise on player props and derivative markets, finding them easier for beating the closing line compared to sides and totals. His engaging analysis and content have been showcased on major networks such as TSN, VSiN, BetMGM Network, and NBC. Josh is a prolific bettor, tracking over 2,500 bets annually and he consistently shares his results through monthly transparency reports. At Covers, he is renowned for his MLB release shows and NHL Puck Props, which are integral parts of the site's live content lineup.

Before his tenure at Covers, Josh spent a decade teaching while pursuing sports media on the side. He has also contributed to live global senior-level broadcasts for the WBSC.

Josh advocates for sports bettors to bet early, emphasizing the importance of securing better numbers by beating the public to the market. He also advises having multiple sportsbook accounts to ensure access to the best possible odds.

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