Stanley Cup Odds 2023: Bruins Top the NHL Betting Board

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The 2022-23 NHL season just passed its midway mark, and now’s the perfect time to check Stanley Cup odds across the sports betting industry.

The Colorado Avalanche have been a perennial betting favorite in recent years, but the Boston Bruins are now atop the Stanley Cup oddsboard at PointsBet.

The Bruins entered this season outside the top-10 betting favorites at some sportsbooks, including PointsBet, where Boston was being dealt at +2800 to start the new campaign. The Bruins are now the +500 betting favorite at PointsBet and DraftKings.

The expansion of legal sports betting apps across the country adds an exciting element to the NHL’s Stanley Cup race, and sportsbooks are offering plenty of ways to bet on the action.

Along with Stanley Cup futures odds, bettors can also wager on individual NHL game odds with bets like moneylines, puck lines, game totals, player props, and parlays. 

NHL bettors can get the best odds available, for their team of choice, with the sportsbooks listed in the table below.

Bet $5 on any NHL Moneyline at DraftKings, get $200 if your Bet Wins

Stanley Cup Odds 2023

 
Average Odds
Chance of Winning
7 Day Change
14 Day Change
21 Day Change
BOS Bruins
+450 +450 +500 +467 17.68% 0.00% 1.87% 1.87%
COL Avalanche
+600 +800 +750 +717 12.39% 0.00% -0.71% -0.71%
CAR Hurricanes
+700 +800 +700 +733 12.04% 0.93% 0.50% 0.50%
TOR Maple Leafs
+1000 +900 +1000 +967 9.39% 0.30% 0.16% 0.30%
VGS Golden Knights
+1100 +1100 +1100 8.33% -0.38% -2.49% -1.67%
TB Lightning
+1200 +1100 +1100 +1133 8.12% 0.43% 1.29% 1.45%
NJ Devils
+1600 +1400 +1400 +1467 6.41% 0.14% 0.00% 0.00%
DAL Stars
+1500 +1500 +1500 +1500 6.25% -0.28% 0.37% 0.37%
EDM Oilers
+1400 +2000 +1800 +1733 5.56% -0.27% 1.38% 1.38%
NY Rangers
+1600 +2000 +2000 +1867 5.13% 0.13% 0.00% 0.00%
CGY Flames
+2000 +1900 +1700 +1867 5.11% 0.10% -0.46% -0.15%
MIN Wild
+2000 +2000 +1800 +1933 4.93% -0.96% -0.16% 0.00%
PIT Penguins
+2500 +2000 +2400 +2300 4.20% -0.34% -0.42% -0.89%
WPG Jets
+2800 +3000 +3000 +2933 3.30% -0.08% 0.22% 0.56%
SEA Kraken
+2800 +3000 +3500 +3100 3.15% 0.03% 0.48% 0.76%
LA Kings
+3500 +3500 +3000 +3333 2.93% 0.15% -0.15% -0.08%
FLA Panthers
+3500 +3300 +4000 +3600 2.72% -0.17% -0.06% -0.29%
WSH Capitals
+4000 +4000 +4000 2.44% -0.03% -0.17% -0.06%
NY Islanders
+5000 +5000 +5500 +5167 1.90% 0.53% 0.05% -0.32%
NSH Predators
+6000 +8000 +7500 +7167 1.40% 0.00% -0.15% -0.24%
STL Blues
+10000 +10000 +13000 +11000 0.91% -0.09% -0.16% -0.18%
BUF Sabres
+10000 +12500 +13000 +11833 0.85% 0.05% 0.08% -0.14%
VAN Canucks
+20000 +50000 +50000 +40000 0.30% 0.00% -0.36% -0.36%
OTT Senators
+20000 +50000 +50000 +40000 0.30% 0.00% -0.13% -0.13%
DET Red Wings
+20000 +50000 +50000 +40000 0.30% 0.00% -0.13% -0.13%
PHI Flyers
+50000 +50000 +50000 +50000 0.20% 0.00% 0.00% 0.00%
SJ Sharks
+100000 +50000 +50000 +66667 0.17% 0.00% -0.03% -0.03%
MTL Canadiens
+100000 +50000 +50000 +66667 0.17% 0.00% -0.03% -0.03%
CBJ Blue Jackets
+100000 +50000 +50000 +66667 0.17% 0.00% -0.03% -0.03%
CHI Blackhawks
+100000 +100000 +50000 +83333 0.13% 0.00% 0.00% 0.00%
ANA Ducks
+100000 +100000 +50000 +83333 0.13% 0.00% 0.00% 0.00%
ARI Coyotes
+100000 +100000 +50000 +83333 0.13% 0.00% 0.00% 0.00%

Stanley Cup Line Movement & Implied Probability to Win

ZOOM: BOOK:

TEAM ODDS PROBABILITY
BOS Bruins +450 18.18%
COL Avalanche +600 14.29%
CAR Hurricanes +700 12.50%
TOR Maple Leafs +1000 9.09%
TB Lightning +1200 7.69%
EDM Oilers +1400 6.67%
VGK Golden Knights +1400 6.67%
DAL Stars +1500 6.25%
NJ Devils +1600 5.88%

Implied probabilities are calculated using odds offered by DraftKings.
Last Updated: 2023-02-01 00:00:00 PDT.

Bruins on Record Pace in Stanley Cup Bid

The Bruins are on pace to win 64 games this season. That would break the NHL’s all-time record of 62, set first by the Red Wings (1995-96 season) and equaled by the Lightning (2018-19).

Boston RW David Pastrnak is also scoring at a potentially record-breaking mark. Pastrnak had 35 goals as of this update, putting him on pace to join Phil Esposito as only the second 60-plus goal scorer in franchise history.

Boston’s David Pastrnak has helped the Bruins become the betting favorite to win the 2023 Stanley Cup. (AP Photo/Michael Dwyer)

As good as Pastrnak has been up front, Boston goalie Linus Ullmark has arguably been better as the team’s backstop in net. Ullmark recently collected his 100th career victory after a 4-1 win over the Islanders.

He leads the NHL with a ridiculous 24-2-1 record, and owns league-best marks for save percentage (.937) and goals against average (1.88).

Avs Still a Top Stanley Cup Contender

The Avalanche have been hamstrung by injuries to key players in their bid to win back to-back Stanley Cups.

Colorado has been without captain Gabriel Landeskog for the entire season after he suffered a lower body injury on the first day of training camp. Landeskog had knee surgery in October, and he’s expected to return sometime in February.

Prior to the season, the Avs locked up star forward Nathan MacKinnon with an eight-year deal worth $100.8 million that made him the NHL’s highest-paid player. MacKinnon was sidelined for most of December after suffering an upper-body injury against the Flyers.

Those where two of the biggest injuries for the Avs, but plenty of other players have missed time including Valeri Nichushkin, Shane Bowers, and Evan Rodrigues.

Hurricanes Make Their Case as Cup Contender

Carolina was leading the Metropolitan Division with a 27-9-8 record shortly after the season’s midway point.

The Canes got a boost recently when Max Pacioretty made his return to the ice after tearing his Achilles tendon prior to the season. Pacioretty showed no signs of rust by scoring three goals in his first four games for Carolina.

Goalie Frederik Andersen was recently activated from IR after missing two months due to a lower body injury. Antti Raanta played well in his absence, going 10-2-3 with a 2.63 goals against average. Andersen did the lion’s share of work last season with a 35-14 record and goals against average of 2.17.

Right wing Andrei Svechnikov leads Carolina’s offense with 19 goals. Defenseman Brent Burns leads the Canes in assists (23) and penalty minutes (34) after being traded by San Jose in the offseason.

Rounding Out the Top Five

Vegas Golden Knights

Vegas started the season on a down note when starting goalie Robin Lehner was ruled out for the year due to hip surgery. Backup Logan Thompson has exceeded expectations in net for the Knights. He’s 18-12-1 with a 2.72 goals against average and two shutouts.

You’ll find Thompson among the leading Calder Trophy candidates as the NHL’s top rookie this season. DraftKings was dealing Thompson (+800) as the third betting favorite to take home the Calder Trophy at season’s end.

Toronto Maple Leafs

At the halfway point of the season, the Maple Leafs were the NHL’s third-best team. One key component of Toronto’s success has come between the pipes, as Ilya Samsonov and Matt Murray have been one of the league’s best goaltending duos.

Samsonov (13-4-1) and Murray (11-5-2) have helped Toronto remain in the mix for the Stanley Cup, which the Maple Leafs last won in 1967. Erik Kallgren has also seen some time in net for the Leafs, going 3-2-4 in relief duty.

Mitchell Marner leads Toronto with 54 points this season. The 25-year-old right wing also strung together a 23-game point streak, the longest in Toronto’s franchise history.

William Nylander and Auston Matthews lead the Leafs with 24 and 22 goals, respectively. Matthews has won the Rocket Richard Trophy as the NHL’s leading goal scorer the past two seasons.

Where Can I Bet On Stanley Cup Futures Online?

Fans looking to bet on the Stanley Cup can do so if located in one of the states where sports betting is legal. As for which sportsbooks they can use, it will depend on the books active in a customer’s state. Some sportsbooks are licensed in many states, while others are not. But which one should you choose?

Competitive odds, large betting markets, and an easy-to-use app are key factors to consider when choosing a sports betting platform. In addition, most sportsbooks offer welcome bonuses in hopes of attracting new customers.

BetRivers Sportsbook

Claim Bonus: Visit BetRivers Sportsbook and get a 100% deposit match bonus up to $250

Caesars Sportsbook

Claim Bonus: Visit Caesars Sportsbook and get up $1,250 On Caesars + 1000 Tier Credits + 1000 Reward Credits®

  • States legal: Arizona, Tennessee, Virginia, New Jersey, West Virginia, Colorado, Illinois, Indiana, Iowa, Michigan, Louisiana, New York, West Virginia and Nevada
  • Current bonus: $1,250 On Caesars + 1000 Tier Credits + 1000 Reward Credits®
  • Mobile app: Available for iOS and Android devices

BetMGM Sportsbook

Claim Bonus: Visit BetMGM and get up to $1,000 paid back in Bonus Bets if you don’t win your first bet

  • States legal: Arizona, Colorado, DC, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, New Jersey, Nevada, New York, Pennsylvania, Tennessee, Virginia, West Virginia & Wyoming.
  • Current bonus: Up to $1,000 paid back in Bonus Bets if you don’t win your first bet (not available in NY)
  • Mobile app: Available for iOS and Android devices

FanDuel Sportsbook

Claim Bonus: Visit FanDuel Sportsbook and get a no sweat first bet up to $1,000

  • States legal: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia & Wyoming.
  • Current bonus: No sweat first bet, max value $1,000
  • Mobile app: Available for iOS and Android devices

DraftKings Sportsbook

Claim Bonus: Visit DraftKings Sportsbook and get a 20% match bonus up to $1000 + $50 free bet with $5 deposit

  • States legal: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Hampshire, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia & Wyoming.
  • Current bonus: Deposit $5 or more to receive a $50 free bet. Also, 20% deposit match up to $1,000.
  • Mobile app: Available for iOS and Android devices

How Stanley Cup Bettings Odds Are Calculated

Stanley Cup odds are available for the entirety of the NHL season. They begin as a futures bet, and tend to open for the next season around the time the current season’s Stanley Cup gets underway. Bets for the 2023 opened up shortly after the 2022 Stanley Cup concluded. 

Professional oddsmakers generate lines and odds for each team and each game based on a variety of factors. Throughout the course of the regular season and playoffs, Stanley Cup odds fluctuate based on a team’s performance. In addition, factors such as trades, injuries, matchups, and coaching changes can impact Stanley Cup odds.

In all Stanley Cup Playoff games, there are a wide variety of bets available. These include moneylines, puck lines (point spread), game totals, series props, team props, player props and parlays.

What Is An NHL Futures Bet?

An “NHL futures bet” is a bet that fans can make on an event, series, or award that will occur or get awarded at some point in the future. For hockey fans, betting on the winner of the Stanley Cup is one of the most common. Other popular NHL futures bets include award winners like the Vezina Trophy and Calder Trophy.

Fans can make futures bets related to the Stanley Cup at any time prior to the conclusion of the conference finals.

What Is A Stanley Cup Prop Bet

Stanley Cup prop bets, or proposition bets, are bets regarding aspects of the game or series but not tied directly to the final score. Stanley Cup MVP is probably the most popular one, but fans can also bet on how long the series will last, who will score the first goal in each game, who wins each period of a game, etc.

Other common player props include shots on goal, saves, and points. The possibilities for prop bets are limitless, but books do not post prop bets on things like the National Anthem or other things completely unrelated to the game like they do for the Super Bowl.

How Can I Bet On The Stanley Cup In Vegas

If you are heading to Vegas but want to see what the odds are on the Stanley Cup in Sin City first, several websites (VegasInsider.com, VSIN.com, VegasOdds.com, Vegas.com, etc.) publish odds from Vegas sportsbooks.

As for where to place bets in Vegas, pick a casino, and you will be able to find a sportsbook willing to take your bet. Online betting is legal (and retail) if you do not want to visit a casino. But you will have to open an account in person at the sportsbook inside the casino first.

Stanley Cup Betting Strategies

Much like it is important to approach betting in the regular season with a strategy, bettors should do the same when it comes to the Stanley Cup. You could be conservative and bet on the favorite, but the odds are not always profitable. For example, if a team is favored at -500, it may not be worth it to risk $500 to potentially win $100.

The winner is often one of the top four seeded teams, with the 2-seed the most successful in recent years. But every seed has made it to the Final at least once since 2002. Each has won at least once, except for the 7-seed. 

So, if you cannot count on the top teams, what do you do?

  • Research: to make an informed decision, you need to know as much as possible about the two teams playing.
  • Zig-Zag Theory: When evenly matched teams face-off, it is not unusual for whoever loses Game 1 to bounce back and win Game 2. Then the loser of Game 2 bounces back to win Game 3.
  • Fading the Public: This is not as prevalent in hockey as in other sports due to the volume of bets placed on the Stanley Cup.
  • Middling: It is not a common strategy for hockey games but involves making two bets on a game, one on each team with the second coming after the line moves.
  • Line Shopping: If you are going to bet on a game, you might as well do so with the book that will give you the highest payout. So, before you put money down with one book, check a few others to see if any has better odds.
  • Alternate Lines: If you are extremely confident in one team over another, alternate lines are a great way to increase your potential payout. However, you must be careful. Get too greedy, and you can lose a game you should have won.
  • Bet Tracking: The practice of tabulating your betting history. Advanced bet Tracking for sports betting is essential because numbers are king. Properly Monitoring and tracking your bets makes you gambling royalty. Sports gamblers, novices, and veterans alike are guaranteed to improve their game with this simple hack.

Stanley Cup Odds FAQs

Is betting on the Stanley Cup legal in the US?

Yes, but not in every state. Betting on the Stanley Cup is legal in states where sports betting has been legalized. The most recent states to implement sports betting include Louisiana, New York and Wyoming.

Where can I bet on the Stanley Cup online?

Fans can bet on the Stanley Cup at online sportsbooks licensed to operate in the state in which they are located. Among the top online sportsbooks available in many states are BetMGM, DraftKings, FanDuel, BetRivers, PointsBet, and Caesars.

How old do I need to be to bet on the Stanley Cup?

Bettors will need to be at least 18-21 years of age (depending on the age requirement in their state).

Do online sportsbooks offer live betting during the Stanley Cup?

Yes, live betting is available at online sportsbooks during the Stanley Cup Playoffs.

What kind of prop bets are there for the Stanley Cup?

For the Stanley Cup, fans can bet on various prop bets that are either team-based or player-based. Prop bets can also include a single game or a series. Common team props include total team goals. Common player props include shots on goal, saves, and points.

Can I bet on events happening off the ice?

While it is popular to bet on things like the coin toss, length of the National Anthem, and the halftime show for the Super Bowl, off-ice prop bets are not available for the Stanley Cup.

Who is the current Stanley Cup odds favorite for 2023?

The Boston Bruins are the betting favorite to win the 2023 Stanley Cup.

About the Author
Connor Grootenhuis

Connor Grootenhuis

Writer and Contributor
Connor Grootenhuis is a writer and contributor for Gaming Today covering all things gambling and sports betting. Based in the Bayou State of Louisiana, he is a lifelong sports fan and a believer that every loss is a bad beat and every win is easy money.

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