Stanley Cup Betting Odds: Value Plays and Caveat Emptors

Jan 10- 12 min read

Evaluating the Stanley Cup Betting Odds

The NHL has entered the 2022 portion of the regular season, with the awarding of the Stanley Cup a mere 6 months away (pending further Covid-related bumps in the schedule).

Teams have a decent sample size of games under their belts, and we therefore have a fairly good idea of where to slot the contenders, pretenders, and basement dwellers.

The betting odds were recently updated, and in this article we’re going to pick out 3 teams that could offer very good value, and 3 teams to avoid despite their decent odds.

Odds to Win the 2021-22 Stanley Cup

  7/8/21 10/12/21 11/1/21 12/1/21 1/3/22
Colorado Avalanche 5/1 4/1 11/2 6/1 23/4
Tampa Bay Lightning 7/1 7/1 10/1 19/2 15/2
Toronto Maple Leafs 14/1 10/1 12/1 9/1 17/2
Vegas Golden Knights 6/1 9/1 12/1 12/1 17/2
Florida Panthers 18/1 18/1 9/1 17/2 9/1
Carolina Hurricanes 11/1 22/1 11/1 10/1 14/1
New York Rangers 28/1 18/1 16/1 14/1 14/1
Washington Capitals 25/1 35/1 18/1 16/1 14/1
Edmonton Oilers 25/1 25/1 12/1 11/1 18/1
Minnesota Wild 22/1 25/1 22/1 18/1 18/1
Pittsburgh Penguins 25/1 28/1 28/1 28/1 18/1
Boston Bruins 14/1 14/1 16/1 16/1 20/1
Calgary Flames 50/1 55/1 33/1 20/1 20/1
St. Louis Blues 28/1 33/1 20/1 22/1 25/1
Dallas Stars 33/1 18/1 28/1 28/1 40/1
Nashville Predators 40/1 80/1 80/1 60/1 40/1
Winnipeg Jets 40/1 35/1 40/1 40/1 45/1
Anaheim Ducks 100/1 200/1 275/1 75/1 50/1
New York Islanders 20/1 16/1 22/1 55/1 55/1
Los Angeles Kings 70/1 75/1 150/1 125/1 80/1
Philadelphia Flyers 33/1 33/1 35/1 80/1 80/1
San Jose Sharks 80/1 80/1 60/1 80/1 80/1
Vancouver Canucks 50/1 66/1 125/1 200/1 80/1
Detroit Red Wings 100/1 200/1 150/1 80/1 125/1
Columbus Blue Jackets 100/1 150/1 80/1 100/1 150/1
Chicago Blackhawks 50/1 45/1 125/1 150/1 200/1
New Jersey Devils 100/1 55/1 60/1 80/1 200/1
Seattle Kraken 100/1 33/1 66/1 125/1 400/1
Buffalo Sabres 100/1 250/1 55/1 300/1 500/1
Ottawa Senators 66/1 150/1 200/1 750/1 500/1
Montreal Canadiens 20/1 55/1 150/1 250/1 1000/1
Arizona Coyotes 75/1 150/1 500/1 1000/1 1500/1

(via BetOnline)

Value Play – St. Louis Blues (25/1)

Stanley Cup

3 years removed from a Stanley Cup championship, the St. Louis Blues appear primed for another deep run. And it’s younger players who weren’t with the team in 2019 that might push them over the top this time.

Jordan Kyrou, Robert Thomas, Ivan Barbashev and Pavel Buchnevich are all putting their mark on a Blues team still anchored by Ryan O’Reilly, Brayden Schenn and David Perron.

Vladimir Tarasenko’s trade request still hangs over this squad, and much depends on the play of Jordan Binnington, but a Vol. 2 from these Blues is well worth a play.

Caveat Emptor – Edmonton Oilers (18/1)

Stanley Cup

A team featuring Connor McDavid and Leon Draisaitl should be a lock for playoff success, but the Edmonton Oilers remain unable to put the right pieces around them, specifically in net.

Offensive dynamism can lead a team to great heights in the regular season, but the Stanley Cup Playoffs are a whole different beast.

With all due respect to Mikko Koskinen and Mike Smith, it’s hard to see Edmonton making a serious run without improving the goaltending situation.

Some help on defense wouldn’t hurt either.

Value Play – Boston Bruins (20/1)

Stanley Cup

Speaking of goaltending, the Boston Bruins appear set to welcome back a familiar face in Tuukka Rask.

The veteran goalie underwent offseason hip surgery and went through a lengthy rehabilitation with one goal in mind: to resume his playing career and finally get the job done with Patrice Bergeron and Brad Marchand.

It’s been an up and down season to date for the black and gold, but a weekend win over the Tampa Bay Lightning without Charlie McAvoy was very encouraging.

A highly motivated Tuukka Rask (backed up by Linus Ullmark and/or Jeremy Swayman) could be a difference maker when the games matter most.

Caveat Emptor – Toronto Maple Leafs (17/2)

Stanley Cup

This team is so loaded and has been a regular season powerhouse for a few years now, but that’s where the success has stopped.

Since the NHL wiped out a full season due to lockout back in 2005, only 2 teams have failed to win a single playoff series: the Toronto Maple Leafs and the Florida Panthers (caveat emptor there as well, by the way).

At this point, it’s a “show us before we believe” situation with Toronto, especially in light of a particularly devastating series comeback by the Montreal Canadiens last year, not to mention another 4-1 lead blown against the Colorado Avalanche on Saturday.

Value Play – Dallas Stars (40/1)

Stanley Cup

The team from Texas came up short in the 2020 Stanley Cup Final against the Tampa Bay Lightning in the Edmonton bubble. Like the Blues mentioned above, the Dallas Stars have incorporated youth into the mix with veterans who’ve gotten the job done before, starting from the net out.

They’ve moved on from Conn Smythe candidate Anton Khudobin in net, and Ben Bishop has since retired, but this team remains strong in net with Branden Holtby and Jake Oettinger in net.

Plus, they have a new top line built around Joe Pavelski leading the way, easing some of the burden off Jamie Benn and Tyler Seguin.

They’re out of the playoff picture at the moment, but if they squeak in, they could very much go on another run.

Caveat Emptor – Colorado Avalanche (23/4)

Stanley Cup

It might seem off to warn against betting on the team with the greatest odds, but the Colorado Avalanche have one glaring weakness that must be addressed.

By now you might have guessed what’s of utmost importance for playoff success – yes, goaltending.

With all due respect to Darcy Kuemper and Pavel Francousz, this tandem doesn’t inspire too much confidence when it comes to carrying the Avalanche to a Stanley Cup win.

This is an area General Manager Joe Sakic will need to address before the trade deadline.

Stanley Cup

As far as the best bet goes, look no further than the Vegas Golden Knights (17/2), one of the top teams in the NHL despite injuries to Mark Stone and Max Pacioretty, and with Jack Eichel yet to make his team debut.


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