2023 NHL Stanley Cup Odds

Colorado Avalanche Stanley Cup 2022
Devon Toews #7 of the Colorado Avalanche hands the Stanley Cup to Valeri Nichushkin #13 after defeating the Tampa Bay Lightning 2-1 in Game 6 of the 2022 NHL Stanley Cup Final. Julio Aguilar/Getty Images/AFP

Editor’s note: This article was updated on January 11th, 2023

As the season makes its way to the halfway mark, we take a look at the adjusted Stanley Cup odds and discuss the top teams as of this January 11th writing.

And don’t forget, OddsTrader constantly updates its NHL Power Rankings and is equipped with all the tools to sharpen your handicapping skills, like our proprietary NHL Computer Picks or our injury reports, so you have a better chance at cashing your betting picks.

OddsTrader’s Betting Edge

• “At 32-4-4 after 40 games, the Bruins are on pace to break the single-season points record set by the Montreal Canadiens who posted 132 points over 80 games during the 1976-1977 season.”

• “The loss of Nazem Kadri has taken its toll on the Avs’ scoring punch as they are currently ranked No. 25 in offense as opposed to No. 4 from last year’s squad.”

• “And in a bit of a statistical quirk, the Golden Knights are outside the top 10 in scoring and goals against despite being a division leader.”

• “Will the Leafs be just another pretty pony during the regular season only to turn into a nag the moment the playoffs arrive?”

2023 Stanley Cup Odds

Here you’ll find the NHL odds for each of the teams to win the 2023 Stanley Cup.

Bruins +550  Flames +1800 Jets +3800 Red Wings +25,000 
Avalanche +700 Penguins +1800 Capitals +3800 Flyers +50,000 
Hurricanes +750 Wild +2000 Islanders +4000 Blue Jackets +50,000 
Knights +900 Rangers +2000 Predators+5500 Ducks +50,000 
Maple Leafs +1000  Oilers +2200 Blues +9500 Sharks +50,000 
Lightning +1400 Kings +3200 Sabres +10,000 Canadiens +50,000 
Devils +1400 Panthers +3200 Canucks +15,000 Blackhawks +50,000 
Stars +1600 Kraken +3800 Senators +25,000 Coyotes +50,000 

All odds are courtesy of  FanDuel , as of January 11th, 2023.


OddsTrader’s Fav 5 Stanley Cup Contenders

Preseason NHL odds to 1/11/23 NHL odds


Patrice Bergeron Boston Bruins Buffalo Sabres
Patrice Bergeron #37 of the Boston Bruins celebrates his goal against the Buffalo Sabres with teammate Brad Marchand #63. Rich Gagnon/Getty Images/AFP.

Boston Bruins (+2800 to +550)

The Bruins were an aging club last season that checked into the playoffs with a 51-26-5 regular season mark and a wild-card date with the Carolina Hurricanes. Boston was bounced in seven games and the championship window appeared to have closed on this veteran team.

Well, a new coach, Jim Montgomery, was hired to replace Bruce Cassidy, who was reportedly reviled by the players, and an old friend in David Krejci was welcomed back to Boston after he departed the previous season to play in his native Czech Republic.

And what was supposed to be one final trip around the sun for an aging team whose captain, Patrice Bergeron, had to be coaxed back into uniform at age 37 for a last bite at the apple, has turned into the league’s most ferocious juggernaut.

At 32-4-4 after 40 games, the Bruins are on pace to break the single-season points record set by the Montreal Canadiens who posted 132 points over 80 games during the 1976-1977 season.


Nathan MacKinnon Colorado Avalanche Buffalo Sabres
Nathan MacKinnon #29 of the Colorado Avalanche celebrates with teammates after scoring a goal against the Buffalo Sabres. Joshua Bessex/Getty Images/AFP.

Colorado Avalanche (+450 to +700)

Online sportsbooks are still bullish on the Avalanche despite Colorado’s pedestrian record (20-16-3) and their sixth-place standing in the Central Division. The loss of Nazem Kadri has taken its toll on the Avs’ scoring punch as they are currently ranked No. 25 in offense as opposed to No. 4 from last year’s squad.

Nevertheless, Colorado has all the tools in place to get back on track and defend their Stanley Cup championship from last season. However, the Avs no longer have Darcy Kuemper patrolling the crease and that has had a deleterious effect on the team’s defense which is now ranked 13th in the league.

Although the Avalanche are no longer the shoo-ins many thought they would be to be a Stanley Cup finalist, the oddsmakers remain undeterred as bettors are still backing the Avs to bring back the Cup to Mile High.


Pyotr Kochetkov Carolina Hurricanes Los Angeles Kings
Pyotr Kochetkov #52 of the Carolina Hurricanes in goal during a 4-2 win over the Los Angeles Kings. Harry How/Getty Images/AFP,

Carolina Hurricanes (+1000 to +750)

Trailing only the Boston Bruins in points, the Hurricanes sit atop the Metropolitan Division, and its core revolves around sound defense and a stingy platoon of goalies in net with 23-year-old Russian Pyotr Kochetkov and 33-year-old veteran Antti Raanta tending the twine. You may recall that Carolina’s tandem of Frederik Andersen and Antti Raanta won the Jennings Trophy last season.

However, Carolina has hit a rough patch after winning 11 straight, and 15 of 16, as the Canes are in the midst of a four-game losing skid. But every team has its peaks and valleys throughout the long grind that is the NHL season. The Hurricanes will likely get back on track and are still very much a favorite to take home the hardware when it is all said and done.


Logan Thompson Vegas Golden Knights Nashville Predators
Logan Thompson #36 of the Vegas Golden Knights makes a save against the Nashville Predators. Ethan Miller/Getty Images/AFP.

Vegas Golden Knights (+1900 to +900)

The NHL odds on the Golden Knights have tumbled since the preseason and it’s not surprising as Vegas is perched atop the Pacific Division with the LA Kings in hot pursuit. And in a bit of a statistical quirk, the Knights are outside the top 10 in scoring and goals against despite being a division leader.

It was believed before the season began that the Knights would have an issue between the pipes with Robin Lehner out for the season due to hip surgery and young Logan Thompson taking the reins. Well, Thompson has been a standout, and the team’s depth with Jack Eichel, Chandler Stephenson, and William Karlsson centering the top three lines has been a boon to this squad.


Mitchell Marner Toronto Maple Leafs Detroit Red Wings
Mitchell Marner #16 of the Toronto Maple Leafs blocks a shot against the Detroit Red Wings. Claus Andersen/Getty Images/AFP.

Toronto Maple Leafs (+1000 to +1000)

We will repeat a line we used in the preseason edition of OddsTrader’s Stanley Cup Odds Update. What do the Toronto Maple Leafs and the Titanic have in common? They both look good until they hit the ice. Ba-da-boom!

And here they are again, looking flashy and sassy in the regular season only waiting to crush the souls of their fans and fleece their backers from their bankrolls by being ousted for the seventh consecutive year from the first round of the playoffs. No, not the playoffs themselves, the first round of the playoffs!

David Kampf and Calle Jarnkrok and 39-year-old veteran Mark Giordano have been Toronto’s unsung heroes while Mitch Marner and Auston Matthews steal the spotlight. Will the Leafs be just another pretty pony during the regular season only to turn into a nag the moment the playoffs arrive? We shall wait and see.


Props and Bonuses

You can find a list of prop bets at all of the best U.S. licensed online sportsbooks found right here at OddsTrader. Online sportsbooks like BetMGM, Caesars, FanDuel, PointsBet, Bet365, Unibet, SugarHouse, BetRivers, SBK, MaximBet, and DraftKings all offer props like “Who Will Win the NHL Playoff MVP Award” and futures to win the Stanley Cup as well as generous signup bonuses.

Shop for Odds

If you want to compare the various NHL Odds then click on the link and you will see the point spreads, moneylines, and totals at all of the best books in the industry. 


NHL Betting FAQ’s


Question: Where can I go to make a bet on the NHL playoffs?

Answer: The best online sportsbooks are the safest online sportsbooks, which are those licensed in jurisdictions where online sports betting is legal in the United States.

The top-rated books are BetMGM, Caesars, FanDuel, Bet365, Unibet, BetRivers, SugarHouse, SBK, MaximBet, PointsBet and DraftKings.

Question: What types of bets are popular with NHL hockey?

Answer: The most popular bet is the moneyline where the underdog returns more money than you wagered while the favorite requires you to risk more than you could win. There is no point spread in moneyline wagering, it’s strictly whichever team wins the game wins the bet. 

However, puck lines are also common, with the underdog getting +1 goal while the underdog is giving 1 ½ goals. Totals, or over/under betting, is another typical hockey bet where the bettor can bet over or under the posted total.

Question: Do I have to bet a lot?

Answer: No, the minimum bet is as low as $1 and accounts can be funded with as little as $10 at many of the books across the nation. 

OddsTrader.com is your sports betting command center. Read featured betting strategy compiled from a panel of leading sports betting experts.

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