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2021-22 NHL Stanley Cup Odds: Avalanche Top Board, Lightning Close Behind

After besting the St. Louis Blues in six games, the Colorado Avalanche remain the team to beat atop the Stanley Cup odds board — but the Tampa Bay Lightning aren't far behind with their sweep of the Panthers.

Last Updated: May 28, 2022 10:13 AM ET Read Time: 4 min
Colorado Avalanche NHL Playoffs
Photo By - USA TODAY Sports

Stanley Cup futures odds are heating up the NHL Playoffs are now down to just five survivors. 

The Avalanche have long been the atop the Stanley Cup odds board, and remain there with Round 2 winding down, after burying the Blues Friday night. 

See who's trailing Colorado with our latest 2021-22 NHL odds to win the Stanley Cup.

Odds to win the Stanley Cup 

This odds widget represents the best odds available for each betting market from regulated sportsbooks. The analysis below may not match live odds. Compare NHL futures odds before betting to ensure you get the best number.

Stanley Cup favorites

Colorado Avalanche (+110 to +125)

The Colorado Avalanche remain the consensus favorite to win the Stanley Cup. Despite a pretty epic collapse in Game 5 against the St. Louis Blues on Wednesday night, Colorado countered with a Game 6 win to advance and face Edmonton in the West final.

Colorado lost to the Vegas Golden Knights in the Stanley Cup quarterfinal last season, but after winning the Presidents' Trophy with the best regular-season record last year — and finishing second in the NHL this season — the Avs are rightfully at the top of the board, especially with their postseason form.

Colorado has been paced by the favorite on the Conn Smythe odds board, Nathan MacKinnon, who has potted eight goals thus far — including a hat trick in Game 5's loss. Defenseman Cale Makar is right there with him, tied for the team lead at 13 points through 10 postseason games.

Tampa Bay Lightning (+240 to +250)

Stop us if you've heard this before, but the Tampa Bay Lightning look primed for another Cup run.

Despite needing a Game 7 win to get past Toronto in Round 1, Tampa Bay now finds itself in a full groove, completing a second-round sweep of the Presidents' Trophy winners in the Florida Panthers.

After having a shaky first-round series, Andrei Vasilevskiy looks to be back in form, stopping 151 of the 154 shots he faced in the second round, capped off by a 49-save shutout in Game 4. With Tampa sweeping Florida, the Lightning are now the clear No. 2 on the board.

Stanley Cup odds over time

Past Stanley Cup winners

The Tampa Bay Lightning claimed Lord Stanley's grail last season in the COVID-19 bubble. The Lightning were at or near the top of the Stanley Cup odds board throughout the 2020-21 season, along with the Colorado Avalanche and Vegas Golden Knights.

Here are the last 12 winners of the Stanley Cup, their odds of winning just before the playoffs began (courtesy of Sports Odds History), and the team that lost in the Stanley Cup Finals.

Season Stanley Cup Winners Odds before playoffs Runner Up
2020-21 Tampa Bay Lightning +800 Montreal Canadiens
2019-20 Tampa Bay Lightning +650 Dallas Stars
2018-19 St. Louis Blues +1,250 Boston Bruins
2017-18 Washington Capitals +1,225 Vegas Golden Knights
2016-17 Pittsburgh Penguins +770 Nashville Predators
2015-16 Pittsburgh Penguins +650 San Jose Sharks
2014-15 Chicago Blackhawks +800 Tampa Bay Lightning
2013-14 Los Angeles Kings +1,400 New York Rangers 
2012-13 Chicago Blackhawks +400 Boston Bruins
2011-12 Los Angeles Kings +2,200 New Jersey Devils
2010-11 Boston Bruins +800 Vancouver Canucks
2009-10 Chicago Blackhawks +450 Philadelphia Flyers

How to read Stanley Cup odds

Sportsbooks will post NHL futures odds before the season starts — including odds to win the Stanley Cup. These odds are constantly adjusted throughout the offseason as players get hurt, suspended or are traded. Once the regular season begins, title odds will change daily as teams win and lose games and as more players get hurt, suspended or traded. Sportsbooks will also adjust the NHL futures odds based on handle and liability to certain teams.

Stanley Cup odds will usually look like this:

  • Colorado Avalanche +550

This means that on a $100 bet, you'll stand to win $550 if the Avs win the Stanley Cup. If it's close to the end of the regular season or even during the playoffs and the NHL has a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds. 

  • Tampa Bay Lightning  -120

This means that you would need to bet $120 to win $100 on a Lightning Stanley Cup win.

Above we have posted the American odds for the Stanley Cup. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Which states have legal NHL betting?

The 30 states below have legalized single-game wagering to some degree, whether that be at retail locations or online mobile betting on betting sites. In addition, nine other states are in the process of considering legal sports betting.

If you're in a state that allows mobile, online betting, make sure you know which sites are the best hockey betting sites. The best betting sites offer sharp odds, quick payouts and are safe and secure when it comes to depositing and withdrawing your money. 

Legal State Retail Mobile
Arizona Yes Yes
Arkansas Yes No
Colorado Yes Yes
Connecticut Yes Yes
Delaware Yes No
DC Yes Yes
Illinois Yes Yes
Indiana Yes Yes
Iowa Yes Yes
Louisiana  Yes Yes
Maryland Yes No
Michigan Yes Yes
Mississippi Yes No
Montana Yes No
Nevada Yes Yes
New Hampshire Yes Yes
New Jersey Yes Yes
New Mexico Yes No
New York Yes Yes
North Carolina Yes No
Oregon Yes Yes
Pennsylvania Yes Yes
Rhode Island Yes Yes
South Dakota Yes No
Tennessee No Yes
Virginia No Yes
Washington Yes Yes
West Virginia Yes Yes
Wisconsin Yes No
Wyoming No Yes

Legal states as of April. 30, 2022.

Stanley Cup Odds FAQs

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