Stanley Cup Odds & Market Report: Avalanche & Hurricanes Are Co-Favorites in Wide Open Race

Stanley Cup Odds & Market Report: Avalanche & Hurricanes Are Co-Favorites in Wide Open Race article feature image
Credit:

Via Bruce Bennett/Getty Images. Pictured: Mark Stone #61 of the Vegas Golden Knights celebrates the Stanley Cup victory over the Florida Panthers in Game Five of the 2023 NHL Stanley Cup Final at T-Mobile Arena on June 13, 2023 in Las Vegas, Nevada.

The NHL season gets underway on Tuesday, and the odds board couldn't be more wide open heading into the season.

The Colorado Avalanche and the Carolina Hurricanes are the favorites to win the Stanley Cup at +900 at BetMGM. The Avs were +500 before last season to win the Stanley Cup.

Behind the Avalanche and Hurricanes, the Stanley Cup race is wide open as there are six more teams between +1000 and +1400 at BetMGM.

The Avs are getting the most bets of any team heading into the season as they account for a nearly identical 12.6% of the bets and 12.7% of the handle.

However, the New York Rangers are the biggest liability for BetMGM. The Rangers opened at +1400 and have slid back to +2000 despite being the biggest liability. They are getting 7.5% of the bets and account for 12.6% of the handle.

The Seattle Kraken and the San Jose Sharks are the other two major liabilities for BetMGM.

The Hurricanes are one of the biggest movers after opening at +1200 and are now a favorite at +900. The Devils have moved up from +1200 to +1000, while the Penguins have also surged from +3500 to +2500.

Stanley Cup Odds

Odds according to BetMGM as of October 9.

TeamStanley Cup Odds
Hurricanes+900
Avalanche+900
Oilers+1000
Devils+1000
Maple Leafs+1000
Golden Knights+1200
Bruins+1400
Lightning+1400
Stars+1600
Panthers+2000
Kings+2000
Rangers+2000
Wild+3000
Sabres+4000
Flames+4000
Senators+4000
Red Wings+5000
Islanders+5000
Kraken+5000
Blues+5000
Canucks+5000
Jets+5000
Predators+6600
Capitals+6600
Blackhawks+6600
Blue Jackets+10000
Coyotes+12500
Canadiens+15000
Flyers+15000
Ducks+25000
Sharks+25000

About the Author
Chase is a news writer at The Action Network. He specializes in college sports, golf and soccer but will watch anything you can bet on. Catch him on the golf course either carrying a bag or playing with his buddies.

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