Stanley Cup odds: East teams favored as Hub Cities announced

Jul 3, 2020 |
Stanley Cup odds: East teams favored as Hub Cities announced
The Boston Bruins and Tampa Bay Lightning are battling it out for first place on the Stanley Cup odds board, with the Lightning currently holding a slight edge.
Photo By - USA TODAY Sports
The Boston Bruins and Tampa Bay Lightning are battling it out for first place on the Stanley Cup odds board, with the Lightning currently holding a slight edge.
Photo By - USA TODAY Sports

The NHL's 24-team return-to-play plan is just weeks away from its anticipated start, putting NHL futures odds back into hockey betting focus. The picture for the resumption of the season also got a little more clear this week, when it was announced that the two "Hub" cities for the playoffs will be Toronto and Edmonton. Stanley Cup odds will be the first of many NHL betting options on the board as the league attempts to complete the 2019-20 season.

With the "Hub" cities revealed, as well as Edmonton being tabbed as the host for the Stanley Cup Finals, let's look at the updated odds to win the Stanley Cup.

Who is the favorite to win the Stanley Cup?

The Tampa Bay Lightning and Boston Bruins will be the Stanley Cup favorites when the season resumes. 

The Lightning (+500), which began the season with the best Stanley Cup odds, are slightly ahead of the Bruins (+550) despite sitting eight points behind Boston in the Eastern Conference standings. The Bruins went into the break leading the league with 100 points through 70 games. 

The Vegas Golden Knights sit third on the NHL futures odds board (+625), with the Colorado Avalanche right behind at +725. Considering that the Golden Knights are just eighth in the NHL standings (tied with the Pittsburgh Penguins at 86 points, but having played two more games), sportsbooks may be bracing for liability from Las Vegas bettors.

The Edmonton Oilers, following news that they will be one of the two "Hub" cities for the remainder of the season (and the host of the Stanley Cup Finals), saw their odds improve from +1,000 to +900, moving them into fifth on the odds board, while defending the Stanley Cup champion St. Louis Blues and the Washington Capitals are at +925, rounding out all the clubs with better than 10/1 odds to win. 

Odds to win the Stanley Cup

Team NHL Odds Stanley Cup 2019-20
Tampa Bay Lightning +500
Boston Bruins +550
Vegas Golden Knights +625
Colorado Avalanche +725
Edmonton Oilers +900
St. Louis Blues +925
Washington Capitals +925
Toronto Maple Leafs +1,000
Philadelphia Flyers +1,100
Pittsburgh Penguins +1,400
Dallas Stars +1,400
Vancouver Canucks +2,000
Calgary Flames +3,300
Nashville Predators +3,300
Carolina Hurricanes +3,500
Winnipeg Jets +4,000
Florida Panthers +4,000
New York Rangers  +4,000
New York Islanders +5,000
Columbus Blue Jackets +5,000
Chicago Blackhawks +5,000
Minnesota Wild +5,000
Montreal Canadiens +5,000
Arizona Coyotes +5,500

Odds courtesy of Sports Interaction

Past Stanley Cup Winners

The St. Louis Blues claimed Lord Stanley's grail last season despite sitting as massive long shots at +10,000 at the All-Star break and entering the postseason at +1,250.

Last year the Tampa Bay Lightning went into the playoffs as Stanley Cup favorites at a whopping +230, only to get upset in the first round.

Interestingly enough, the team that entered the playoffs with the best odds to win the Stanley Cup hasn't won the Cup in any of the last ten seasons, although three teams (Chicago in 2010 and 2013, and Pittsburgh in 2016) hoisted the Cup after coming into the postseason with the second-best odds

Here are the last 10 winners of the Stanley Cup, their odds of winning just before the playoffs began (courtesy of Sports Odds History), and the team that lost in the Stanley Cup Finals.

Season Stanley Cup Winners Odds before playoffs Runner Up
2018-19 St. Louis Blues +1,250 Boston Bruins
2017-18 Washington Capitals +1,225 Vegas Golden Knights
2016-17 Pittsburgh Penguins +770 Nashville Predators
2015-16 Pittsburgh Penguins +650 San Jose Sharks
2014-15 Chicago Blackhawks +800 Tampa Bay Lightning
2013-14 Los Angeles Kings +1,400 New York Rangers 
2012-13 Chicago Blackhawks +400 Boston Bruins
2011-12 Los Angeles Kings +2,200 New Jersey Devils
2010-11 Boston Bruins +800 Vancouver Canucks
2009-10 Chicago Blackhawks +450 Philadelphia Flyers

Understanding Stanley Cup Odds

Sportsbooks will post odds to win the Stanley Cup before the season starts. These odds are constantly adjusted throughout the offseason as players get hurt, suspended or are traded. Once the regular season begins, title odds will change daily as teams win and lose games and as more players get hurt, suspended or traded. Sportsbooks will also adjust the NHL futures odds based on handle and liability to certain teams.

Stanley Cup odds will usually look like this:

  • Washington Capitals +250

This means that on a $100 bet, you'll stand to win $250 if the Caps win the Stanley Cup. If it's close to the end of the regular season or even during the playoffs and the NHL has a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds. 

  • Tampa Bay Lightning  -120

This means that you would need to bet $120 to win $100 on a Lightning Stanley Cup win.

Above we have posted the American odds for the Stanley Cup. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Where can I bet on NHL Stanley Cup odds?

With the 2019-2020 season still officially on hiatus not every online sportsbook and casino has Stanley Cup futures odds posted. Check out the top sportsbooks in your region and see what they are offering for NHL betting. 

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