2023 Stanley Cup Betting Analysis: Favorites to Win the Title and their Opening Odds

2023 Stanley Cup Betting Analysis: Favorites to Win the Title and their Opening Odds

The shine has yet to wear off Lord Stanley’s hardware, but that hasn’t stopped oddsmakers from setting lines on every NHL team to win the 2023 Stanley Cup. As one might expect, the defending champion Avs are the top choice. Runner up Tampa Bay is among the top three choices. Check out odds to win the Stanley Cup as well as a way too early odds analysis.

Early Odds to Win the 2023 Stanley Cup Title | NHL Betting Odds and Analysis

2023 NHL Stanley Cup

  • When: June 2023

2023 Stanley Cup Opening Odds

Does the defending champion Colorado Avalanche offer overlay, underlay, or fair odds?

At first glance, it seems ridiculous to lay money on Colorado to repeat at +400 odds. The Avalanche won their first title since 2001. The 20-year drought implies Colorado might need at least a couple of seasons to win another championship.

Not only that, but the Avs, like every team in the NHL, will lose some players. Ah, but Colorado will also gain some players.

Joe Sakic is proving to be one of the smartest general managers in league history. Sakic put together one of the top teams during the NHL Regular Season and the best team in the playoffs. If you like the Avalanche, don’t let the low odds talk you off them.

Which team is the biggest underlay to win the 2023 Stanley Cup?

Florida is +1000. The Panthers had a fantastic regular season, but failed in the playoffs. Sometimes, that happens to teams because the regular season is different than the postseason.

Leaders must emerge in the postseason to win the Stanley Cup. No leader on Florida’s squad emerged. There’s a good chance the Panthers don’t improve in 2023 from 2022. So if no improvement is expected, why are the Panthers at +1000?

Which team is the top overlay to win the Cup next year?

The New York Rangers should offer odds closer in line with Carolina’s and Vegas’ than +2000. The Rangers beat the Penguins and the Hurricanes before falling to Tampa Bay in the Eastern Conference Finals.

NYR is a talented hockey team. It’s doubtful they lose much. It’s more likely the Rangers gain a few quality players. Don’t sleep on NYR to make a 2023 Stanley Cup appearance. 

Name the top underdog to win the 2023 Stanley Cup. 

Washington offers much better odds than they should. The Capitals pushed the Florida Panthers to six games. 

Alex Ovechkin and Evgeny Kuznetsov shouldn’t go anywhere. So if D.C. adds a quality player or two, the Caps’ odds to win the Stanley Cup could dive from  +3500 to around +1400. If you like Washington, consider backing them at the 35-to-1 odds before they end up offering an underlay line. 


NHL Betting Center

Get your Updated NHL Betting Odds here!