Last Updated Oct 13, 2022, 2:29 PM

Stanley Cup Odds and Action Report

Stanley Cup odds might not be top of mind for most of you, what with the NFL and college football in full swing, and the MLB postseason arriving, too. But the NHL season is here, as well, with the Colorado Avalanche opening defense of their 2021-22 championship.

Not surprisingly, Colorado is the favorite – and a solid one at that – in odds to win the Stanley Cup.

Neil Fitzroy, risk manager/oddsmaker at The SuperBook, offers his insights on 2022-23 Stanley Cup futures odds and action. Check back all season long for updates.

2022-23 Stanley Cup Odds

Avalanche of Action

Nate MacKinnon's Colorado Avalanche are a strong favorite to repeat. (Getty)

The Avalanche plowed through most of the 2021-22 Stanley Cup playoffs, going 12-2 en route to the championship series against Tampa Bay. It took a little more work to then dispatch the Lightning, who were the two-time defending Cup champs.

But Colorado got it done in six games. The Avalanche then opened as +450 favorites in The SuperBook's 2022-23 NHL championship market. As the 2022-23 season gets underway, Colorado has shortened to +350. Relatively speaking, the Toronto Maple Leafs are a distant second choice at +800, and no other team is shorter than 10/1.

That said, customers seem to think another title is in the cards.

"The short price on the Avs isn't deterring bettors from backing them to repeat. They are the ticket-count leader," Fitzroy said.

Ticket Takers and Money Makers

Sebastian Aho's Hurricanes drew sharp money at +2000 to win the Stanley Cup. (Getty)

The Vegas Golden Knights and New York Rangers are second and third, respectively, in ticket count at The SuperBook. In terms of money wagered in the Stanley Cup odds market, the Golden Knights are No. 1 – heavily influenced by The SuperBook's Vegas operation – followed by the Pittsburgh Penguins and Colorado.

"Not surprisingly, we are seeing plenty of support for VGK," Fitzroy said. "We opened them at 16/1 and are currently at 16/1. The've been as low as 12/1. That feels like public play. They have some new pieces, and we aren't sure how those pieces will fit in. New coach and new goalie."

Indeed, Bruce Cassidy is now behind the Vegas bench, and Golden Knights starting goalie Robin Lehner is out for the season due to hip issues requiring surgery. So Logan Thompson appears set to start in net for Vegas.

The Rangers and Hurricanes are getting bettors' attention, too.

"The Hurricanes have seen steady offseason support. We opened them at 20/1 and are currently at 12/1. Sharp play at 20/1," Fitzroy said. "The Rangers have also seen steady offseason support. That feels very much like public play, as that team probably overachieved last year. We opened them at 20/1 and have been as low as 14/1. Now, we are at 16/1."

Last season, New York reached the Eastern Conference finals, where it took a 2-0 series lead over Tampa Bay. But the Rangers then dumped the next four games, failing to reach the Stanley Cup Final.

Carolina reached the East semifinals, winning Games 1-2 against the Rangers, but losing the series in seven games. At the aforementioned +1200, the Hurricanes are the fifth choice on The SuperBook's 2022-23 Stanley Cup odds board, behind Colorado, Toronto, Tampa Bay (+1000) and Florida (+1000).

Root For/Root Against

Zach Whitecloud and the Golden Knights hope to make a Stanley Cup run. (Getty)

Fitzroy said it's too early for The SuperBook to know who it's rooting for to hoist Lord Stanley's chalice. But there's certainly a root-against triumvirate.

"We're trying to avoid VGK, the Penguins and Kings at the moment," he said. "There's also a three-figure bet on the Seattle Kraken at 200/1."

Even if that's only a $100 play, it represents $20,000 in potential liability. That said, the Kraken are still 100/1 long shots. Pittsburgh and Los Angeles are given a much better chance, both sitting at +2500 in The SuperBook's Stanley Cup futures odds market.

If you're looking for a dark horse/under-the-radar play, Fitzroy noted a few teams that might fit that label at the moment.

"Longer shots not seeing much attention that are worth consideration would be the Devils, Islanders, Stars, Canucks and Predators," he said.

Vancouver and Nashville have the shortest odds of that batch, both at +4000. New York and Dallas are +5000, while New Jersey is +6000.

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