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Edmonton Oilers Franchise History

For the most part, the Oilers have been one of the NHL's most successful franchises. They began in 1971 as one of the 12 founding members of the World Hockey Association as the "Alberta Oilers". They changed to Edmonton in 1973.

Most don't know this, but "The Great One" Wayne Gretzky himself began his pro career in the WHA as part of the Oilers. It wasn't until the NHL and WHA begrudgingly merged to start the 1979-80 season until the Oilers (along with the Jets, Nordiques, and Whalers) came into the NHL.

Led by Gretzky, the Oilers became hockey's greatest dynasty during the 1980's. They won five Stanley Cups in seven seasons and led the league in goal-scoring for six consecutive years including scoring over 400 goals for five straight.

Gretzky and the Oilers became so dominant, the NHL had to change the league's rules to make the game competitive again.

After the '80s and the exodus of Gretzky and other star players, the Oilers still continued to be a competent franchise and would make the playoffs for most of the '90s and early 2000's. They didn't have nearly the same star power as their dynasty days, but they would have another Stanley Cup run in 2005-06.

Edmonton would come within one game of capturing their sixth Stanley Cup. But it wasn't meant to be. And they would make a series of terrible roster decisions that would lead to them finishing in the NHL's basement for the next ten years.

Despite their collection of lottery picks including four first-overall picks, the Oilers struggled to win games. It wasn't until the 2016-17 season when they snapped the losing skid and returned to the playoffs with a vengeance.

This has been mostly due to Connor McDavid, their best player since Gretzky. The young phenom is already collecting scoring titles and continues to produce despite the talent (or lack thereof) surrounding him.

With McDavid as their cornerstone, it's up to the Oilers' supporting cast and front office to give him the support he deserves. If they manage to get just enough, the Oilers will be perennial Stanley Cup Playoffs contenders and potentially Stanley Cup Champions again.

Betting On Edmonton Oilers Games

The Oilers can be difficult to bet on thanks to how tumultuous they have been as a franchise. But so long as McDavid suits up, you can count on Edmonton to, at least, score some goals and be in the race to make the playoffs.

There are a variety of ways to bet the Oilers and depending on their roster and their performance level, they will excel at one more than the other.

A minus number like -1.5 indicates the Oilers are a favourite and must win by more than 1.5 goals (2 or more) to “beat the spread”. This is because 1.5 goals are subtracted from their final score.

Alternatively, a plus number like +1.5 indicates Edmonton is an underdog and can lose by no more than 1.5 goals to beat the spread. This is because 1.5 is added to their final score.

Check on the Oilers' ATS (against the spread) record before betting them on the puck line. 

A minus number like -200 means the Oilers are a favourite and by American odds, this means a bet of $200 will return $100 in profit. 

A plus number like +200 means Edmonton is an underdog and this means $200 will be the return in profit for a $100 bet. 

*Note: American odds are based on a $100 bet as a standard. It might be easier to calculate your return by converting the odds to either decimal (1.50) or fraction (1/2), which you can do in sportsbooks.

Recommended NHL Sportsbooks

The Oilers remain one of the NHL's most popular teams thanks to McDavid and their previous success. As such, they are one of the Canadian bettors' most used teams. These online sportsbooks offer extensive coverage on the Oilers and all other hockey games complete with updated betting lines.

Below is our partner table, which provides an easy guide on the top sportsbooks around. Most offer great signup offers. Be sure to review each book to find the one most suited for your needs.

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