Here are the Stanley Cup Odds for all NHL teams, brought to you by YouWager.lv.

The race for the Stanley Cup in 2023 is coming to a close before the playoffs start in April. Most sportsbooks had the Avalanche as the favorite to win the Stanley Cup at the start of the season. Their price was around +380. After a disappointing start to the season, Colorado’s odds to win the Stanley Cup are now around +600, while the Boston Bruins have the best odds at +350.

Stanley Cup Odds Tier 1: Favorites

Let’s start this article on the Stanley Cup Odds with the teams that are considered favorites.

Stanley Cup Odds: Boston Bruins (+350)

Stanley Cup Odds: Boston Bruins (+350)

Boston Bruins (+475) are the favorites to win the Stanley Cup in Tier 1. The Boston Bruins have taken the NHL by storm this season, rising from +2800 in the preseason with 11 teams ahead of them to +475 odds to win the Stanley Cup at DraftKings. And it’s not like Boston hasn’t been a near-elite club for the last decade. Yet it’s all coming together on both ends of the ice for the Bruins, who lead the NHL in Goals For% by a large margin of 63.13% (New Jersey is second at 58.69%). The advanced metrics, on the other hand, aren’t quite as fond of Boston, ranking fifth in even-strength xGF at 53.93%.

Stanley Cup Odds: Colorado Avalanche (+600)

Stanley Cup Odds: Colorado Avalanche (+600)

Colorado hasn’t been as dominant as they were the prior two seasons. But, the market has not significantly reduced their Stanley Cup odds. This season, the Avs have an xGF of only 51.00% at 5-on-5, ranking them 16th overall, and their actual GF% is somewhat lower at 50.55%. Colorado has had its share of injuries, but even with the excuses, this squad does not appear to be a legitimate Cup contender right now.

Stanley Cup Odds: Carolina Hurricanes (+725)

Stanley Cup Odds: Carolina Hurricanes (+725)

Carolina leads the league in xGF rate by a considerable margin (New Jersey is second at 54.85%) and is sixth in real GF rate (56.35%). The 3-percentage-point difference here signals that Carolina may have some positive regression, and their odds of winning the Cup have reduced from +800 a month ago.

Stanley Cup Odds: Toronto Maple Leafs (+900)

Stanley Cup Odds: Toronto Maple Leafs (+900)

The Leafs’ ability to get past the first round of the playoffs will always be questioned in the market. The issue for Toronto is that, despite having an elite collection of offensive players and a defense that ranks eighth in expected goals allowed, the Maple Leafs are always at a disadvantage in goal when against elite competition. Ilya Samsonov is completely average in almost everything. But you’ll need more in the net to lift the Cup. Unfortunately for Toronto, another first-round matchup against the Lightning appears likely.

Stanley Cup Odds: Tampa Bay Lightning (+1200)

Stanley Cup Odds: Tampa Bay Lightning (+1200)

With 73 points thus far in February, the Lightning are in fifth place in the NHL. Nonetheless, we have the eighth-highest xGF at 52.82%. But when it comes to the Stanley Cup Playoffs, the Lightning will always have goaltender Andrei Vasilevskiy on their side, probably the greatest in the NHL.

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Stanley Cup Odds, Tier 2: Contenders

Next in this article with the latest Stanley Cup Odds, we have the teams that many consider as good contenders.

Stanley Cup Odds: The New York Rangers (+1300)

The New York Rangers have a young team and an outstanding goaltender. With Shesterkin, New York will nearly always have an advantage in the net. But he can’t do it alone, and if this team wants to make a Cup run, it will need reinforcements at the trade deadline.

Stanley Cup Odds: Edmonton Oilers (+1400)

The Edmonton Oilers (+1400) have been a letdown this season, finishing fourth in a poor Pacific Division. But, Edmonton has recently ramped up the pace and is now level with division leader Vegas in goal differential (+25). The Oilers clearly have the offensive playmakers to be a Cup contender, and their defense has been league-average thus far, which could be enough to make a run.

Stanley Cup Odds: Vegas Golden Knights (+1400)

The Vegas Golden Knights (+1400) are off to a fast start, leading the Pacific with a +25 goal difference in mid-February. Vegas has a 52% GF rate at 5-on-5, but their predicted GF% is third in the league at 54.86%, implying some positive reversion in the future. Unlike last season, Vegas should be able to hold on and win the Pacific, and they have enough offensive firepower to challenge for the Cup.

Stanley Cup Odds: Dallas Stars (+1500)

The Dallas Stars have established themselves as a legitimate contender, sitting atop the Central with 71 points thanks to Jason Robertson’s breakout season. Dallas leads the Western Conference and ranks third overall in the NHL (NJ +43, Boston +81).

Stanley Cup Odds: New Jersey Devils (+1600)

The Devils have moved up the odds board the most this season, from +50000 to +1600. New Jersey has given up the third-fewest high-danger chances (444) while generating the sixth-most HDCF (581) in the league, giving them the league’s third-highest HDCF% (56.58). New Jersey has the second-highest GF rate at 58.69%, which is backed up by the second-highest xGF at 54.85%.

Stanley Cup Odds: Calgary Flames (+2000)

The Flames have slipped from their top-five finish last season. Nonetheless, Calgary remains a top-ten team in the NHL in terms of net anticipated goals per 60 minutes, with +0.4, good for eighth place. While Calgary has strong skaters, their subpar goaltending will doom any prospects of winning the Stanley Cup.

Stanley Cup Odds: Minnesota Wild (+2000)

The Wild entered the season at +1900, thus their chances of winning the Stanley Cup have barely changed after three months. The Wild are fourth in the Central Division with 28-21-5 record, and their 61 points are tied for eighth in the Western Conference with Calgary. Minnesota’s 47.18% GF rate trails their 51.15% xGF, thus bettors should expect positive reversion. Nonetheless, this is a mediocre team with no chance of winning the Cup.

Stanley Cup Odds: Pittsburgh Penguins (+2500)

The Penguins were assigned little chance of winning the Stanley Cup when odds were released, and their number hasn’t moved since. Pittsburgh started the season hot, but has since cooled off significantly. With the Penguins’ 49.83% GF rate and 52.33% xGF, we should expect some positive regression.

Stanley Cup Odds Tier 3: Do They Have A Chance?

Now in our article with the latest Stanley Cup Odds, we have tier 3 or the teams that we are aksing ourselves if they really do have a shot at winning it at or not.

Seattle Kraken (+2800)

The Seattle Kraken, which started the season at +10000, has been one of the season’s biggest surprises. The arrivals of Andre Burakovsky and Oliver Bjorkstrand have provided a significant increase to Seattle’s GF% this season (59.54, second in the league). To some extent, though, it has been fool’s gold, since Seattle ranks 17th overall in predicted goals for at 50.74%.

Winnipeg Jets (+3000)

The Jets have been one of the luckier teams in the first three months, far surpassing their projected numbers. Winnipeg has a 5-on-5 goal rate of 53.75%, compared to an expected rate of 49.61%. They are ranked 15th in HDCF and have allowed the league’s 15th-fewest high risk chances. The Jets, like last season, are a perfectly ordinary team with little chance of winning the Stanley Cup.

Los Angeles Kings (+2800)

After a 44-27-11 record last season, the Kings were a surprise playoff contender. And, according to advanced measures like xG and RAPM, LA was a true top-ten squad. Following up on their breakout season, the Kings have had a similarly excellent 2022-23 season, ranking 11th in xGF at 52.75%. Los Angeles, on the other hand, has marginally underperformed its criteria and has an equal goal difference. Despite this, the Kings are tied for first place in the Pacific Division with Vegas at 56 points two weeks into the season.

Florida Panthers (+6000)

No one has slid down the odds board like the Florida Panthers, who have gone from +850 and among the top three favorites to +3500 with 15 teams ahead of them. Florida had an unusual summer in which they traded away last year’s leading scorer, which could have been a mistake. Florida traded Jonathan Huberdeau, Cole Schwindt, MacKenzie Weegar, and a 2025 first-round selection to Calgary in exchange for Matthew Tkachuk. The roster has also seen a lot of upheaval on defense, which isn’t going well.

Washington Capitals (+10000)

The Capitals made the playoffs last year as the East’s second wild card and acquitted themselves admirably by forcing a Game 7 against the Florida Panthers. But, with their current roster, Washington is not a Cup contender.

New York Islanders (+6000)

The Islanders concluded last season with a record of 35-37-10 with a goal differential of -6. Head coach Barry Trotz was fired as a result. Lane Lambert, Trotz’s longtime assistant, was hired to succeed him. The Islanders kept the majority of their roster but have given little reason to believe they can win the Stanley Cup in 2023.

Stanley Cup Odds Tier 4: Longshots

Now in this list of the latest Stanley Cup Odds for all teams we have tier 4 or the longshots.

Nashville Predators (+10000)

In 44 games, the Predators sit in the middle of the pack in the Central Division, with a -6 goal differential. Nashville is beating their predicted 5-on-5 goal rate (51.92% GF to 49.68 xGF) and should remain a mediocre club with limited upside.

St. Louis Blues (+200000)

The Blues have been one of the league’s most disappointing teams, posting a -19 GD in 45 games. The Blues’ 46.43 goals-for rate is backed up by a 46.25 xGF%, suggesting that they will not make the playoffs this season.

Buffalo Sabres (+7500)

Through 43 games, the Sabres have outperformed expectations, posting a +13 goal differential and a 50.26% 5-on-5 goal-for percentage. Buffalo is slightly underperforming its 49.71 xGF%, but the Sabres’ offense is legit, ranking eighth in the NHL with 97 goals, tied with the Maple Leafs.

Stanley Cup Odds Tier 5: None

Last but not least in our list of NHL teams and their current Stanley Cup Odds we have the teams that have actually zero chance of winning the title.

Detroit Red Wings (+30000)

Through 43 games, the Red Wings have a -15 goal differential and are sixth in the Atlantic Division. Detroit has a below-average offensive and defense but significantly outperforming their expected goal rate (47.43% GF to 45.99% xGF).

Ottawa Senators (+12500)

This season, the Senators have underperformed their predicted goal rate more than any other team. Only the Ducks and Blackhawks have scored less goals (67). The Senators are also eighth from the bottom in goals allowed, with 98. Nonetheless, their projected goal rate of 52.19% ranks 12th in the NHL, substantially higher than their GF% of 40.61.

Philadelphia Flyers (+50000)

With a record of 19-19-7, the Flyers haven’t been as bad as they have been in prior years. But the results aren’t good enough in a crowded Metropolitan Division, where Philadelphia is ninth after 45 games.

Vancouver Canucks (+250000)

The Canucks are having another dismal season, largely owing to a poor defense. Vancouver, like Buffalo, is tied for eighth in the NHL in goals scored with 97, but is 29th in goals allowed with 113.

Montreal Canadiens (+10000)

The Canadiens have the league’s fourth-worst goal differential at -43, an improvement from previous season’s second-worst record of -98. You have no business betting on the Stanley Cup odds in Montreal.

Columbus Blue Jackets (+50000)

Only the Anaheim Ducks have a worse goal differential (GD) than the Blue Jackets this season. Columbus has a dismal GF rate of 39.27%, but the stats indicate that they have been unlucky, with a 44.91% anticipated goal rate.

San Jose Sharks (+50000)

The Sharks have a terrible roster and are in the process of rebuilding.

Arizona Coyotes (+100,000)

The Blackhawks have surpassed Arizona as the NHL’s embarrassment. But, the Coyotes have a long way to go before they can sniff competitiveness.

Anaheim Ducks (+100,000)

The Ducks have the NHL’s worst defense, allowing 601 high risk chances in 45 games, 123 more than the Canucks and Canadiens. The Ducks have scored 65 goals while allowing 127 this season, and their 33.85% GF rate and 39.30 xGF% both rank lowest in the league.

Chicago Blackhawks (+100000)

The Blackhawks are cleaning house and will be out of contention for several years.

 

Thank you for checking out our article with the latest Stanley Cup Odds for all NHL teams, we wish you the best of luck with your upcoming hockey bets!