Eric Belanger scored twice to lead the Coyotes over Colorado 5-2 on Wednesday at Pepsi Center.
Phoenix won as a +130 underdog, while Over-Under bettors who played OVER the total of 5.5 were rewarded at the payout window.
Phoenix got goals from Eric Belanger (2), Scottie Upshall, Keith Yandle, and Kyle Turris in the victory. Upshall opened the scoring at 6:12 of the first period.
Ilya Bryzgalov turned in a 29-save effort for the Coyotes.
Ryan Stoa and Matt Duchene scored for the Avalanche, finding the net behind Ilya Bryzgalov.
Craig Anderson stopped 25 of 27 shots for the Avalanche, but it wasn't enough to earn the victory.
On the power play, Phoenix went 1-for-8, while the Avalanche were 0-for-3 with the man advantage.
Colorado lost the shots on goal battle to Phoenix by a margin of 37-31.
Next game, Phoenix takes its act on the road to face San Jose looking for another win. For Colorado, they head on the road to face St. Louis.