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Odds to Win the 2019-20 Stanley Cup: Surging Lightning Reclaim Top Spot

Odds to Win the 2019-20 Stanley Cup

The Tampa Bay Lightning entered the 2019-20 NHL season as the favorites to win the Stanley Cup, yet after a sluggish start the Bolts looked like they were well on the way to a disappointing campaign. But at the all-star break, the Lightning once again find themselves as the faves to win Lord Stanley’s trophy.

Tampa Bay is the +700 championship front-runner at Bovada, with the Washington Capitals (+900), Boston Bruins (+1000), Colorado Avalanche (+1200), Pittsburgh Penguins (+1200), St. Louis Blues (+1200), Dallas Stars (+1400), Arizona Coyotes (+1600), Toronto Maple Leafs (+1600) and Vancouver Canucks (+1600) rounding out the top 10 at the shop.

Lightning are Back to Their Dominant Regular-Season Ways

The Lightning, who were +1200 only three weeks ago, have experienced a midseason resurgence and are finally playing up to the level of the talent they possess on a stacked roster. Tampa is trailing Boston by six points in the Atlantic Division and is being led by Nikita Kucherov (50 points), Steven Stamkos (45) and Victor Hedman (41).

Toronto is in a similar situation to Tampa Bay right now, as the Maple Leafs have been soaring since firing Mike Babcock and replacing him with Sheldon Keefe on November 20. The Leafs, who were 9-10-4 under Babcock, have gone 16-7-3 since Keefe took over behind the bench.

The NHL’s Coaching Carousel Continues

The biggest storyline of the NHL season has undoubtedly been coaching changes. On January 15, the Vegas Golden Knights announced they were firing Gerard Gallant – the only coach the franchise has known in its brief existence – and hiring ex-San Jose Sharks coach Peter DeBoer to take his place. Gallant became the seventh coach to lose his job this season in what’s already been one of the most turbulent seasons for coaches in NHL history.

The decision was met with plenty of criticism from both fans and pundits alike, as Vegas was sitting three points out of first place in the jam-packed Pacific Division and the Golden Knights had occupied the top spot only a week before the firing.

A year ago the St. Louis Blues were the worst team in the NHL before firing Mike Yeo and putting Craig Berube in charge, and while the Blues went on to right the ship and collect the first Stanley Cup in franchise history, it’s hard to expect that to happen every season. Since late December, the Golden Knights’ Stanley Cup odds have held firm at +1600.

Watch Out For the Penguins

The biggest movement up the oddsboard over the past month belongs to the Penguins. The Pens were priced at +2500 heading into 2020, but Pittsburgh is starting to resemble the club that won consecutive Stanley Cups in 2015-16 and ’16-17. With Sidney Crosby rejoining the team on January 15 after being sidelined for two months due to abdominal surgery, the Penguins look like a legitimate threat to make some noise in the Eastern Conference playoffs.

Looking for more hockey betting information? Head over to our NHL page. Here’s a look at the book’s full list of odds:

Odds to Win the 2019-20 Stanley Cup
Tampa Bay Lightning+700
Washington Capitals+900
Boston Bruins+1000
Colorado Avalanche+1200
Pittsburgh Penguins+1200
St. Louis Blues+1200
Dallas Stars+1400
Arizona Coyotes+1600
Toronto Maple Leafs+1600
Vancouver Canucks+1600
Vegas Golden Knights+1600
Calgary Flames+2000
Carolina Hurricanes+2000
Chicago Blackhawks+2000
Florida Panthers+2000
Nashville Predators+2000
Columbus Blue Jackets+2500
Edmonton Oilers+2500
New York Islanders+2500
Philadelphia Flyers+2800
Winnipeg Jets+3300
Minnesota Wild+4000
Buffalo Sabres+6600
New York Rangers+10000
San Jose Sharks+10000
Montreal Canadiens+15000
New Jersey Devils+25000
Anaheim Ducks+50000
Los Angeles Kings+50000
Ottawa Senators+50000
Detroit Red Wings+100000

Odds as of January 25 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 Stanley Cup Final, 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

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 Cup Final, 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.