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Odds to Win the 2019-20 Stanley Cup: Lightning, Maple Leafs Topping the List

Odds to Win the 2019-20 Stanley Cup

Although Tampa Bay suffered a historic first-round sweep at the hands of the Columbus Blue Jackets in the 2018-19 NHL playoffs, oddsmakers expect the Lightning to lift the Stanley Cup for the second time in franchise history as the Bolts are the +700 front-runners to go all the way this year.

The Toronto Maple Leafs (+900), Vegas Golden Knights (+1000), Boston Bruins (+1100), Colorado Avalanche (+1300), St. Louis Blues (+1500), Dallas Stars (+1600), Florida Panthers (+1800), Nashville Predators (+1800) and San Jose Sharks (+1800) trail the Lightning on the oddsboard at Bovada.

Are the Leafs Getting Too Much Respect?

It’s interesting to see the Leafs above the Bruins on the oddsboard for a variety of reasons. Toronto is coming off its second straight first-round playoff loss to the B’s, and this season is likely a make-or-break one for head coach Mike Babcock if the Leafs can’t make it out of the opening round. The Bruins are an aging club, but given their track record against the Leafs and their run to the Stanley Cup Final, I wouldn’t bet against them in the postseason this year.

If you’re surprised to see the Panthers so high, you shouldn’t be. Florida landed star goaltender Sergei Bobrovsky and improved its defensive corps in the offseason, and Joel Quenneville – one of the top coaches in the NHL – is set to make his South Beach debut this season. The Panthers could already score with ease, so I think the new additions will make them a legitimate playoff contender in 2019-20.

Here’s a look at the book’s full list of odds:

Odds to Win the 2019-20 Stanley Cup
Tampa Bay Lightning+700
Toronto Maple Leafs+900
Vegas Golden Knights+1000
Boston Bruins+1100
Colorado Avalanche+1300
St. Louis Blues+1500
Dallas Stars+1600
Florida Panthers+1800
Nashville Predators+1800
San Jose Sharks+1800
Washington Capitals+2000
Calgary Flames+2000
Winnipeg Jets+2200
Pittsburgh Penguins+2400
New Jersey Devils+2500
Carolina Hurricanes+3300
Philadelphia Flyers+3300
Chicago Blackhawks+3300
Edmonton Oilers+3300
New York Islanders+3500
Montreal Canadiens+3500
New York Rangers+3500
Vancouver Canucks+4000
Arizona Coyotes+4500
Columbus Blue Jackets+5000
Minnesota Wild+5500
Buffalo Sabres+6600
Anaheim Ducks+8000
Los Angeles Kings+8000
Detroit Red Wings+8000
Ottawa Senators+20000

Odds as of October 2 at Bovada

What is a Futures Bet on Stanley Cup Odds?

Before hockey season starts, oddsmakers will release their lines on each team’s chance of winning the shiny championship trophy. If you were to place a wager at any point before the Finals, you would be making a futures bet. This is a bet that deals with events that will happen in time. For instance, you could bet on the Detroit Red Wings to win the Cup in September, but you would not see the results of your bet until the postseason.

How to Read NHL Stanley Cup Odds

At your sportsbook of choice you’ll see Stanley Cup odds listed like this:

Tampa Bay Lightning +300

Toronto Maple Leafs +450

Las Vegas Golden Knights +500

Boston Bruins +800

Unlike a moneyline bet where there is a clear favorite and underdog, for an NHL futures bet, you would consider the team with the lowest odds as the fave. In this case, it’s Tampa. The team with the highest odds would be the dog. For this example, it’s Boston.

Let’s say hockey season is about to start and you’ve done your research. You believe that it’s Toronto’s year, so you lay down $40 on the Leafs to win the Cup. If they do win it all, you’d see a payout of $220 – your original $40 is returned along with your winnings of $180.

You can use our Odds Calculator to figure out what you’d win based on the amount you bet and the odds.

When it comes to futures, get in on the action early. The closer it gets to the NHL playoffs, the more the odds will shift. Oddsmakers update the lines for these bets frequently as teams slip and fall in the standings. Injuries, trades and coaching changes will affect a team’s odds of making it to the Finals, and those who set the lines take that into consideration when updating the odds.

As mentioned above, it’s important to keep in mind that when you make your NHL futures picks, you won’t see a return until Lord Stanley’s Cup is awarded to the winner.