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Can the Ottawa Senators change the narrative around their NHL Playoff odds?

The 2021-22 NHL season delivered its shares of surprises. The Vegas Golden Knights, after adding Jack Eichel to their already impressive group of hyper-talented players, missed the playoffs for the first time in franchise history. The New York Islanders, who made back-to-back conference final appearances, also didn’t make the postseason.

In terms of positive surprises, the New York Rangers made the playoffs for the first time since announcing that they were going through a rebuild. They made it all the way to the conference final before Tampa Bay took them out in six games. Los Angeles was destined to miss the playoffs at the start of the year and made it to the postseason thanks to a top-three finish in their division.

Thinking about the 2022-23 NHL playoffs, what teams will make or miss the postseason? Here are each team’s odds to make or miss the 2022-23 NHL playoffs and a few value picks for teams that will make or miss the playoffs. 

New to betting on hockey? We have a great NHL betting tutorial to assist you in placing a wager on Stanley Cup futures. To find the sportsbook that’s right for you to get some money down on the ice, head over to our Sportsbook Review page.

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NHL Playoff Odds

NHL 2022-23 Playoff Odds
Team Make Playoffs: Yes Make Playoffs: No
Anaheim Ducks +450 -775
Arizona Coyotes +1600 -15000
Boston Bruins -160 +120
Buffalo Sabres +725 -1800
Calgary Flames -420 +285
Carolina Hurricanes -450 +300
Chicago Blackhawks +1600 -15000
Colorado Avalanche -5000 +1100
Columbus Blue Jackets +500 -900
Dallas Stars -165 +125
Detroit Red Wings +275 -400
Edmonton Oilers -700 +425
Florida Panthers -1100 +575
Los Angeles Kings -210 +165
Minnesota Wild -450 +300
Montreal Canadiens +1200 -6600
Nashville Predators -210 +155
New Jersey Devils +135 -180
New York Islanders -165 +125
New York Rangers -300 +220
Ottawa Senators +210 -290
Philadelphia Flyers +650 -1400
Pittsburgh Penguins -550 +350
San Jose Sharks +750 -1900
Seattle Kraken +320 -475
St. Louis Blues -190 +145
Tampa Bay Lightning -750 +440
Toronto Maple Leafs -900 +500
Vancouver Canucks -130 EVEN
Vegas Golden Knights -310 +225
Washington Capitals -160 +120
Winnipeg Jets +170 -230

Odds as of August 22 at Bovada

NHL 2022-23 Playoffs Value: Two Teams That Will Make It

Ottawa Senators (+210)

The Ottawa Senators have been awful for a while now. They haven’t made the playoffs since 2017. They’ve spent five years at the bottom of the Atlantic/North Division. But thanks to some inspiring moves by GM Pierre Doiron, the Sens make the playoffs this year.

From the Chicago Blackhawks, Doiron acquired two-time 40-goal scorer Alex DeBrincat. The young and talented forward immediately helps a group that finished 26th in scoring during the 2021-22 NHL season. DeBrincat is expected to line up with 2020 third overall pick Tim Stutzle, who scored 22 goals and 58 points in the ’21-22 season. Stutzle finished fourth on the Sens in individual high-danger scoring chances with 52. Combining the two young stars should be incredibly productive for Ottawa.

Then they wisely brought in homegrown talent Claude Giroux through free agency. The former Flyers captain may be 34 years old but he can still play and teach this young Ottawa side how to play in the pros. In 75 games between the Flyers and Panthers last year, Giroux scored 21 goals and 65 points. He’s in decline, but again, Ottawa was 26th in offense last year. Adding DeBrincat and Giroux to their top six fills a massive need.

At +210, our odds calculator estimates the Sens’ implied odds of making the playoffs at 32.26 percent. This is a good chance to make some money. A winning $100 bet on the Senators to make the playoffs returns a $210 profit.

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Columbus Blue Jackets (+500)

The Blue Jackets surprised the entire NHL world when they secured the services of Johnny Gaudreau, the most coveted free agent on the market, for what was arguably less than market value at $9.75 million. Now they have another elite winger to play alongside sniper Patrik Laine.

Columbus, expected to hang near the bottom of the Metropolitan Division standings for the 2021-22 season, was 19 points out of a playoff spot but well out of the bottom. Adding a superstar like Gaudreau, who’s coming off a 115-point campaign, could vault the Blue Jackets from a mid-table offensive team to one at the top of the goals-for standings.

Considering Columbus lost 11 one-goal games in ’21-22, the second-most in the NHL, adding a scorer like Gaudreau could propel them into the postseason in ’22-23.

At +500, you could profit $500 on a $100 winning wager that the Blue Jackets make the playoffs in 2022-23.

If you think the Columbus Blue Jackets have enough to make the playoffs, maybe you want to consider their Stanley Cup odds. The Blue Jackets’ odds are some of the longest at +10000. 

NHL 2022-23 Playoffs Value: Two Teams That Won’t Make It

Dallas Stars (+125)

They made the playoffs in 2021-22 by a four-point margin. But Dallas has some problems. They finished 21st in scoring with 229 goals and added very little in the way of offense. Mason Marchment, the Stars’ big addition through free agency, put up 47 points in 54 games for the Florida Panthers in 2021-22. But that was a massive uptick in production that doesn’t seem sustainable at all.

Jamie Benn and Tyler Seguin need to return to their previously dominant ways, but neither has been anywhere near that level. Benn hasn’t scored more than 60 points since 2017-18 and Seguin hasn’t scored at a 60-point pace since 2018-19. It’s a big ask that they now step up when they haven’t in the past three or four seasons.

Maybe hiring head coach Pete DeBoer will unlock that potential in Benn and Seguin. I doubt it. The duo hasn’t been able to contribute under Ken Hitchcock, Jim Montgomery and Rick Bowness; why would that change with DeBoer?

The Stars are +125 to miss the playoffs. A $100 bet would return you $125 should they miss the postseason in 2022-23.

Vegas Golden Knights (+225)

The Vegas Golden Knights missed the playoffs for the first time in franchise history this past season. A team culture that didn’t push for accountability on and off the ice sunk a team filled with all-stars. And now those all-star contracts are wreaking havoc on the Golden Knights’ salary cap situation.

Max Pacioretty, who sits eighth in goals league-wide since 2012-13, was shipped off to Carolina with Dylan Coghlan for “future considerations.” Pacioretty and his 97 goals and 194 points in 224 career games with Vegas haven’t been replaced. And won’t be. Losing him has significantly weakened the Golden Knights.

The Knights have also lost goalie Robin Lehner for the year due to an offseason injury. With no cap space to acquire a goalie, 25-year-old Logan Thompson will likely get the bulk of the work in net. In 19 games last season, he held a solid .914 save percentage and 2.68 goals-against average, but he’s only played 20 career NHL games. That’s not enough to know what Thompson will be with the bulk of the starts in Vegas.

Taking the Golden Knights to miss the playoffs at +225, a $100 winning bet would return a $225 profit. That seems like easy money right now.