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Leafs (+420) Closing Gap on Lightning (+340) in Eastern Conference Champion Odds

Robert Duff

by Robert Duff in NHL Hockey

Updated Apr 2, 2020 · 10:03 AM PDT

Toronto Maple Leafs celebrate
The Toronto Maple Leafs are among the biggest early-season movers in the NHL Eastern Conference odds across the major sportsbooks. Photo by Canuckeers (Flickr) [CC License].
  • One week into the season, the Leafs’ average odds to win the Eastern Conference improved from +510 to +420
  • Toronto has been eliminated in the first round of the Stanley Cup playoffs in the last three seasons
  • The Leafs haven’t won a postseason series since 2004

You can tell it’s October because the Leafs are falling everywhere except in the eyes of their fanbase.

The Toronto Maple Leafs haven’t won the Stanley Cup since 1967. They haven’t won a playoff series since 2004. Yet the start of the NHL season always causes optimism to blossom in the land of the Buds, and this year is no different.

One week into the season, the Leafs average odds to win the Eastern Conference title improved from +510 to +420.

2020 NHL Eastern Conference Championship Odds

Team Odds
Tampa Bay Lightning +300
Toronto Maple Leafs +425
Boston Bruins +600
Washington Capitals +900
Florida Panthers +1100
Carolina Hurricanes +1200
Pittsburgh Penguins +1200
New Jersey Devils +1300
New York Islanders +1600
Montreal Canadiens +1800
New York Rangers +1800
Philadelphia Flyers +1800
Columbus Blue Jackets +2500
Buffalo Sabres +3300
Detroit Red Wings +5000
Ottawa Senators +15000

*Odds taken on 10/08/19.

Eastern Conference Risers

Only the New York Rangers (+1900 to +1700) and Washington Capitals (+990 to +870) displayed more significant improvement in their conference title odds than Toronto.

A 2-0-1 launch to the season has inspired confidence in the betting public that the 2018 Stanley Cup champion Capitals are a team to once again be reckoned with. Washington is among six Eastern Conference teams to see their odds of winning the conference title and advancing to the 2020 Stanley Cup final show improvement.

Team Preseason Odds Current Odds
New York Rangers +1900 +1700
Washington Capitals +990 +870
Toronto Maple Leafs +510 +420
Boston Bruins +550 +500
Tampa Bay Lightning +350 +340
Buffalo Sabres +3600 +3500

The young Rangers have missed the playoffs two seasons in a row but a 2-0 start to their campaign is cause for optimism.

They’ve been led by the spectacular performance of forward Mika Zibanejad, currently the NHL scoring leader with eight points in two games.

Eastern Conference Sinkers

The sun sets in the west, but for these NHL Eastern Conference clubs, bettors are quickly throwing shade in their direction.

The Carolina Hurricanes went to the Eastern Conference final last spring. They’ve broken from the gate 3-0. Yet, shockingly, Carolina’s average odds of winning the East have gotten worse (+1100 to +1400).

It could be that the recent trade of defenseman Justin Faulk to the St. Louis Blues, one year after high-scoring winger Jeff Skinner was shipped off to Buffalo, is being viewed as an indication that the small-market Hurricanes are more committed to staying under budget than they are to winning.

Team Preseason Odds Current Odds
Ottawa Senators +13300 +15000
Detroit Red Wings +5400 +6400
Columbus Blue Jackets +3300 +3800
Carolina Hurricanes +1100 +1400
Pittsburgh Penguins +1100 +1300
New York Islanders +1400 +1500
Philadelphia Flyers +1800 +1900
Florida Panthers +990 +1000

The Pittsburgh Penguins have already lost Evgeni Malkin and Nick Bjugstad to long-term injury. If anything, their odds to win the East figure to keep growing longer.

The Detroit Red Wings are 2-0 and have five goals from Anthony Mantha. They also have eight of their nine goals from the top line of Mantha, Dylan Larkin and Tyler Bertuzzi. Depth is going to be a huge issue in the 82-game regular season.

Don’t Let Leafs Fool You

Yes, Toronto is a young, exciting team with a high-powered offense. And true, Auston Matthews already has five goals and will be near the top of the Rocket Richard Trophy odds as long as he’s healthy.

They also blew a 4-1 third-period lead and lost 6-5 in OT to Montreal on Saturday. Facing the hard, heavy Blues, Toronto came out on the short end of a 3-2 game.

Toronto is first in the NHL in five-on-five goals for (11) and 30th in five-on-five goals against (10). The Leafs still aren’t built to succeed in the playoffs.

Bet them now, and they’ll break your heart in April.

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