Updated Stanley Cup Odds For All 8 Teams Ahead of Second Round NHL Playoffs

May 16- 9 min read

Updated Stanley Cup Odds For All 8 Teams Ahead of Second Round NHL Playoffs

The first round of the Stanley Cup playoffs have concluded, and that means it’s time to go over the updated Stanley Cup odds ahead of round two.

Team Before Round 1 Current Odds
Colorado Avalanche +325 +200
Florida Panthers +500 +375
Carolina Hurricanes +1200 +600
Calgary Flames +700 +600
Tampa Bay Lightning +1000 +650
New York Rangers +1600 +1400
Edmonton Oilers +1700 +1400
St. Louis Blues +2400 +1800

Odds courtesy of Caesars Sportsbook

The health status of Brayden Point has likely played a part in the Lightning’s updated Stanley Cup odds, Point leads all NHL players in playoff goals since 2020 with 30. If Tampa Bay has to play the rest of the postseason without him it would be a tough hill to climb.

The Hurricanes meanwhile, took a significant jump from +1200 to +600 in their updated Stanley Cup odds after a first round victory. Rod Brind’Amour’s group is looking to make their second Conference Final appearance in four years.


Avalanche Betting Favorites in Updated Stanley Cup Odds

Colorado Avalanche

The team that opened the playoffs with the best odds to win, the Colorado Avalanche, still have the best odds at +185 on Caesars Sportsbook. The Avs quickly took care of the Nashville Predators in round one sweeping them in four games. The Avalanche lived up to their billing of title favorites, as they looked fantastic in this series. Led by star defenceman Cale Makar who had 10 points in this series, the most through the first four playoff games by a defenceman in NHL history.

The Avs will play the Blues in the second round and are -410 to win the series according to Caesars Sportsbook. Additionally, they are -125 to win the Western Conference and make the Stanley Cup Finals.

Florida Panthers

The team with the next best odds, the Florida Panthers, were the best team in the regular season. They finished the regular season with 122 points which was the seventh most of all time. They are looking to become the first team since the 2013 Chicago Blackhawks to win the President’s Trophy and the Stanley Cup in the same season.

The Panthers started their first-round series with the Washington Capitals shaky and quickly found themselves down 2-1, but stormed back and won the next three games to win the series 4-2. The Panthers are playing the Tampa Bay Lightning in the next series and are -150 to make the Eastern Conference Finals.

Carolina Hurricanes

The Carolina Hurricanes who placed first in the Metropolitan division outlasted the Boston Bruins in a hard-fought seven-game series that saw them lose every game in Boston. The Hurricanes saw their starting goaltender, Frederik Andersen, get hurt near the end of April. Despite this, they have gone 10-3 during that stretch led by Sebastian Aho who led them in scoring during the regular season.

The Hurricanes will play the Rangers in the second round and are currently -220 to win that series.

Tampa Bay Lightning

The back-to-back champion, Tampa Bay Lightning opened as the favorites to win the Eastern Conference. They have fallen to third in the east and fourth overall after a tough series with the Leafs in which they were down 3-2 before coming back and winning game 7.

The last team to three-peat in the NHL was in the 1980s when the New York Islanders won four in a row. The Lightning are currently +260 to win the Eastern Conference and +130 in their series against the Florida Panthers.

Remaining Field Stanley Cup Odds

The four teams with the lowest odds to win the Cup are the Calgary Flames, Edmonton Oilers, New York Rangers, and St. Louis Blues. The Flames who at a point in December had around +4000 odds are now fifth at +700 in the updated Stanley Cup odds after round 1. If the Flames or the Oilers win the cup they would be the first team from Canada to bring Lord Stanley home since the Montreal Canadians in 1993.

The Rangers, although having the runaway Vezina award winner, are the underdog to win the Eastern Conference at +650, after beating the Pittsburgh Penguins in seven games. The Blues who upset the Minnesota Wild in the first round, have the lowest odds of anyone left and have to go up against the Avalanche in round two. The Blues are +1800 to win the Cup and +320 to even get past the Avalanche.

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