As a member of the NHL’s Original Six, the Detroit Red Wings are one of the most popular and polarizing franchises in the league. With that comes high intrigue on the betting market.
Detroit Red Wings Franchise History
While the Red Wings struggled to close out the 2010s on a high note, their history is far more illustrious.
Detroit’s history spans from legendary players like Gordie Howe and Nicklas Lidstrom to miraculous team efforts and Stanley Cup championships.
From 1935-1955, the franchise captured a remarkable seven championships. Littered in between those titles were a handful of Stanley Cup losses and other deep playoff runs.
In their early years, the Red Wings franchise established itself as NHL royalty.
It wasn’t until 1997 that the Red Wings would find themselves back on top of the hockey landscape, but they certainly stayed competitive.
Clearly not satisfied with just one Stanley Cup after a 40-year drought, Detroit won another the following season and two more in ’02 and ‘08.
Betting on the Detroit Red Wings in Michigan
Governor Gretchen Whitmer signed a bill that legalized sports betting in Michigan in December 2019. It wasn’t until January 2021 that the practice went into full swing, but it is a well-oiled machine at this point.
Anyone looking to place a wager on the Red Wings might be interested in betting that they’ll simply win their game. That could look like this:
· Red Wings -150
· Blackhawks +120
In this example, the Red Wings are favored on the moneyline over the Chicago Blackhawks.
In a standard, two-way moneyline market, bettors will typically see one team’s odds prefixed by a minus sign and one by a plus sign. The team with the minus sign is the favorite, and the team with the plus sign is the underdog.
A bettor backing the Red Wings simply needs them to win the game, as stated above. Odds of -150 indicate that the bettor would need to place a $150 wager to make a $100 profit.
Detroit Red Wings Sportsbook Partnerships
The Detroit Red Wings are fortunate enough to have two sportsbook partnerships.
In January 2021, shortly before the state launched online betting, the Red Wings signed a deal with Colorado-based PointsBet.
Inside Little Caesars Arena, fans and bettors can find PointsBet Sports Bar. There, they can find live odds, televisions to watch the game and other events, and plenty of food and drinks to enhance their experience.
A few short months later, Detroit struck its second deal, this time with industry-leading FanDuel. The deal covered many of the sportsbook-team-partnership basics.
FanDuel was granted physical and digital signage inside Little Caesars Arena as well as shout-outs over the radio and television broadcasts.
Michiganders were offered a $25 registration bonus as a result of the FanDuel partnership.