Updated Stanley Cup Odds for All 16 Teams in 2023 NHL Playoffs

• With all playoff participants confirmed, Stanley Cup odds have been released for this postseason
• As expected, the record-setting Boston Bruins are +370 favorites to lift Lord Stanley’s mug
• Check out the Stanley Cup odds for all 16 playoff teams below, as well as our analysis

After starting the season on the borderline of the top 10 contenders in the Stanley Cup odds, the Boston Bruins are now consensus favorites to be crowned champions of the NHL come June. The Bruins just set an NHL record with a 135 points season, breaking the mark set by the 1976-77 Montreal Canadiens.

Only two other squads sport Stanley Cup odds shorter than +1000, the defending champion Colorado Avalanche at +700 and a team who hasn’t been able to get out of the first round since 2004, the Toronto Maple Leafs at +900.

Here are the updated Stanley Cup odds for all 16 teams who will be battling it out in the postseason, which begin on Monday, April 17th.

2023 Stanley Cup Odds

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Odds as of April 14th at FanDuel. Use this FanDuel Sportsbook promo to bet on the NHL playoffs.

Bruins Become Heavier Cup Favorites

What a long way the Bruins have come in the Stanley Cup odds. To begin the season, they were at +1950, by New Year’s they were prohibitive favorites at +550, after the trade deadline those odds shortened even more to +410 and currently, they are +370 chalk to win it all.

These odds come on the heels of a record-setting season. However, just because the B’s dominated in the regular season, that doesn’t mean it will lead to postseason success. As you’ll see in the table below, the last two teams to challenge the ’76-’77 Habs for most points in a season came up short in their quest for a Stanley Cup title.

NHL Teams – Most Points in a Season

Most astonishing, was the most recent challenger to the record for points in a season, the Tampa Bay Lightning. Following a 128-point campaign, they were ousted in the first round by the Columbus Blue Jackets in four games!

We don’t see that type of surprise happening to Boston, who will duel it out with Florida in the first round in the NHL Playoff bracket.

Avalanche Cup Hopes Suffer Serious Blow

All year, the Avalanche have dealt with a number of big injuries. After winning it all last season, captain Gabriel Landeskog missed the entire regular season with a knee injury. Last night came the terrible news for the squad that the power winger will not be available for the duration of the playoffs.

Colorado Avalanche captain Gabriel Landeskog will not play in the 2023 Stanley Cup Playoffs due to a knee injury, the organization announced this afternoon.  The 30-year-old forward has missed the entire 2022-23 regular season. pic.twitter.com/TpUtjRKEQs

— x – Colorado Avalanche (@Avalanche) April 13, 2023

Although this isn’t a death knell for Jared Bednar’s side, it does seriously hinder the Avs Cup hopes. Depth at the forward position has deteriorated with the off-season departures of Nazem Kadri and Andre Burakovsky as well as the loss of their captain. Those players represented their top three scoring forwards last year next to Nathan MacKinnon and Mikko Rantanen.

Perhaps an even bigger question facing the Avalanche is the status of last year’s Conn Smythe trophy winner, Cale Makar. He’s been banged up with a variety of injuries this season and hasn’t played in each of Colorado’s last six games. Currently listed as day-to-day, the Avs really don’t stand a chance of repeating without him.

Which Sides Present the Best Longshot Stanley Cup Odds?

No team with odds at +2000 or longer really seems like they can make a deep run into the playoffs, so for our longshots, we’re looking at a couple of middle-of-the-pack teams.

The Edmonton Oilers’ odds have shortened more than any other team over the last month or so. They currently are the 4th betting favorite at +1000 and stood 8th in that table just over a month ago. Connor McDavid is a -9000 favorite in the Hart Trophy odds, after a phenomenal 153-point campaign.

In their last 15 games, the Oilers finished with a 14-0-1 record. Even more impressive is their improvement in goal and on defense down the stretch. In six April games, they allowed just six goals total and have been far better on that end of the ice since the acquisition of Mattias Ekholm at the trade deadline.

Biggest addition around the NHL at the Trade Deadline?

Mattias Ekholm!

4-10-14, +28 (!), in 21 GP with the @EdmontonOilers

Oilers have gone 18-2-1 since GM Ken Holland acquired Ekholm. pic.twitter.com/T92mc84CkT

— Bob Stauffer (@Bob_Stauffer) April 14, 2023

The other team to watch out for is the New York Rangers. They added Patrick Kane and Vladimir Tarasenko in trades and are stacked all over the ice. Although they’ll have a tough first-round matchup against the Devils when the Hudson River Rivalry resumes, their experience should give them the edge to advance in that round.

Stanley Cup Pick and Prediction

More than deserving of their favorite status, we just don’t feel it’s worth it to wager on the Bruins at +370 odds. There’s no doubt they can win it all, but their goalie Linus Ullmark has only played in two playoff games in his career, both last season.

In addition, the age of the men down the middle is a concern. There is no better two-way player in the world than Patrice Bergeron, but he’s 37 years old and oft-injured, while David Krejci who was their number two center for most of the season, is turning the same age in a couple of weeks.

Instead, our prediction is to go with the Broadway Blueshirts. They have arguably the best goaltender in the world in Igor Shesterkin, a perennial Norris Trophy candidate in Adam Fox amongst a well-balanced blueline, and a forward group as deep as any team in the playoffs. At +1200, our pick is for the Rangers to win their 4th Stanley Cup.

Pick: New York Rangers (+1200)