Stanley Cup odds: Avalanche early championship favorites

Nov 15, 2020 |
By: Covers Staff
Stanley Cup odds: Avalanche early championship favorites
After a disappointing exit from the 2019-20 Stanley Cup Playoffs, the Colorado Avanche are looking to build on a solid young core during the off-season.
Photo By - USA TODAY Sports
After a disappointing exit from the 2019-20 Stanley Cup Playoffs, the Colorado Avanche are looking to build on a solid young core during the off-season.
Photo By - USA TODAY Sports

NHL betting is back on the board with Stanley Cup odds to hoist the trophy for the 2020-21 season. We're not fully sure of what the new hockey season will look like, or when it will begin, but hockey bettors can still get in on the early NHL futures odds action.

Let's look at the updated odds to win the Stanley Cup.

Who is the favorite to win the Stanley Cup?

The Colorado Avalanche remain the off-season Stanley Cup favorites for the 2020-21 season at +750. The Avs have a talented young core of star players, led by Hart Trophy runner-up Nathan MacKinnon, and are looking to bounce back from an upset loss by the Dallas Stars in the Western Conference Semifinals.

After the Vegas Golden Knights landed the biggest fish in free agency, star defenseman Alex Pietrangelo, they have jumped up to second on the odds board at +800. The Golden Knights were the No. 1 seed in the Western Conference but were also upset by Dallas, with their exit coming in the Western Conference Finals. 

The Tampa Bay Lightning (+900), fresh off their second Stanley Cup in franchise history, are third on the odds board, followed by the Boston Bruins (+1,450), Philadelphia Flyers (+1,500) and Toronto Maple Leafs (+1,500).

At the bottom of the 2020-21 Stanley Cup odds board are the Ottawa Senators (+17,500) and Detroit Red Wings (+30,000).

Odds to win the Stanley Cup

Team NHL Odds to win Stanley Cup (as of November 15)
Colorado Avalanche +750
Vegas Golden Knights +800
Tampa Bay Lightning +900
Boston Bruins +1,400
Philadelphia Flyers +1,500
Toronto Maple Leafs +1,600
St. Louis Blues +1,700
Washington Capitals +1,700
Carolina Hurricanes +2,000
Pittsburgh Penguins +2,000
Dallas Stars +2,200
Edmonton Oilers +2,300
Calgary Flames +2,500
Nashville Predators +2,700
New York Islanders +2,700
New York Rangers +2,700
Florida Panthers +3,200
Vancouver Canucks +3,500
Winnipeg Jets +3,700
Buffalo Sabres +5,000
Columbus Blue Jackets +5,000
Montreal Canadiens +5,000
Chicago Blackhawks +5,500
San Jose Sharks +5,500
Los Angeles Kings +5,500
Minnesota Wild +5,500
Anaheim Ducks +6,000
Arizona Coyotes +6,000
New Jersey Devils +8,500
Ottawa Senators +17,500
Detroit Red Wings +30,000

Odds courtesy of DraftKings

Past Stanley Cup Winners

The Tampa Bay Lightning claimed Lord Stanley's grail last season in the COVID-19 bubble. The Lightning were favorites, or co-favorites with the Vegas Golden Knights, for most of the 2019-20 season.

Here are the last 11 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
2019-20 Tampa Bay Lightning +650 Dallas Stars
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:

  • Colorado Avalanche +750

This means that on a $100 bet, you'll stand to win $750 if the Avs 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 2020-21 season still a bit of an unknown, 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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