Two NHL fixtures, two parlay opportunities. We break down Sabres vs Canadiens and Golden Knights vs Avalanche with the best available odds.
National Hockey League Parlay Picks: May 16 & May 20, 2026
We have two tasty National Hockey League matchups on the board this week, and the markets are serving up some genuinely interesting prices. Whether you're fading a heavy favourite or riding an underdog puck line, there's value to be found. Let's break down both fixtures and build our best parlay combinations.
Saturday May 16 - Buffalo Sabres @ Montréal Canadiens (9:00 PM ET)
The Canadiens come in as home favourites at -149 on the moneyline (Hard Rock Bet), which is a reasonably heavy price to pay for a team hosting the Sabres. Buffalo, meanwhile, checks in as a live underdog at +138 (Bally Bet) - a number that deserves a second look.
The puck line tells an interesting story here. Montréal at -1.5 (+155) via Fanatics is a genuinely generous number if you believe the Canadiens will control this game comfortably. That's essentially plus-money to back the home side to win by two or more goals - real value if Montréal come out firing on home ice.
On totals, the line sits at 6.5. The Over at +110 (Bally Bet) offers value for a game that could open up, while the Under at -120 (BetMGM) reflects the market's slight lean toward a lower-scoring affair. Given the nature of late-season NHL hockey and the fact that both teams may be playing with varying levels of urgency, we lean toward the Under here as the safer play.
Our lean: Buffalo Sabres ML +138 (Bally Bet) as a value underdog play, and Under 6.5 -120 (BetMGM).
Wednesday May 20 - Vegas Golden Knights @ Colorado Avalanche (9:00 PM ET)
This is a high-quality matchup on paper. The Colorado Avalanche are installed as home favourites at -169 (BetMGM), which is a steep price for a single game. The Golden Knights, however, are priced at a very appetising +160 (FanDuel) on the moneyline - that's outstanding underdog value if Vegas can compete on the road.
The puck line for Colorado sits at -1.5 (+145) via BetMGM - another plus-money handicap that looks generous if the Avalanche are expected to dominate at home. Vegas on the puck line at +1.5 (-147) (FanDuel) is the safer play if you just want the Golden Knights to stay within a goal.
The total is set at 5.5, which is on the lower end. The Under at +123 (Bally Bet) is a standout value play here - getting plus-money on an Under 5.5 in a matchup between two defensively capable teams is a number worth attacking. The Over at -130 (FanDuel) looks like fair chalk at best.
Flag: Vegas Golden Knights ML +160 (FanDuel) is our value alert of the week. Implied probability sits around 38.5%, and if this is a competitive series-calibre matchup, the Knights are undervalued at that price.
Recommended Parlay Combinations
Parlay 1 - The Value Underdog Double (+330 combined)
- Buffalo Sabres ML +138 (Bally Bet)
- Vegas Golden Knights ML +160 (FanDuel)
Two underdog moneylines combining for a strong plus-money parlay. Both teams have the talent to steal a win on any given night. If you believe the market has overreacted to home-ice advantage in both games, this double is where the real juice lives. Combined odds land around +530 - exceptional return for two legitimate contenders.
Parlay 2 - The Under/Spread Value Combo (+340 combined)
- Montréal Canadiens -1.5 +155 (Fanatics)
- Under 5.5 +123 - Vegas @ Colorado (Bally Bet)
Back the Canadiens to control on home ice and cover the puck line, then pair it with the Under in the Wednesday night Western matchup where plus-money on a sub-6 total screams value. Two legs, two plus-money prices, and a combined payout that makes this one of the sharpest tickets of the week.
Parlay 3 - Three-Leg Value Play (+590 combined)
- Buffalo Sabres ML +138 (Bally Bet)
- Under 6.5 -120 - Buffalo @ Montréal (BetMGM)
- Vegas Golden Knights ML +160 (FanDuel)
A bolder three-legger combining both underdog moneylines with the Under in Saturday's game. The logic: Buffalo steal a close, low-scoring game, and Vegas do the same on Wednesday. High risk, high reward - but every leg has a justifiable angle.
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