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  • View how the 2022 Eastern and Western Conference Championship odds progress for all 32 NHL teams
  • The Colorado Avalanche (West) and Florida Panthers (East) enter the postseason as favorites in their respective conferences
  • See the graphs below to see what odds your favorite team opened at to win their respective conference

Betting on the 2022 Stanley Cup is not the only way to put money on NHL futures. A raft of sportsbooks routinely post odds to win each conference. The odds fluctuate throughout the season as teams play better/worse, make significant trades, and suffer key injuries.

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This odds tracker monitors each of the 32 NHL teams’ odds to win their conference. The graphs and tables are divided along East/West lines.

2022 Eastern Conference Champion Odds

  • [May 15]: Heading into the second round, the Panthers are +168 favorites with the Hurricanes second at +250 and Lightning third at +280.
  • [May 10]: The Panthers were two minutes away from falling in a 3-1 hole to the Capitals, but instead they pulled off a 3-2 OT win in Game 4, leading their Eastern Conference odds to improve from +338 to +268. They are once again the favorite. Toronto faded from +313 to +463 after getting routed 7-3 by Tampa in Game 4.
  • [May 8]: Down 2-1 to the Capitals in round one, the Panthers have faded to +338. The Leafs are now the favorite at +313 and have a chance to take a commanding 3-1 series lead on the Lightning tonight.
  • [May 1]: Florida enters the postseason as sizable favorites to come out of the East, sitting around +250 at most sportsbooks. Their first-round opponent, the Washington Capitals, have the longest odds of the eight playoff teams in the Eastern Conference portion of the bracket.
  • [Apr 19]: Following the official eliminations of the Islanders and Blue Jackets, the Eastern Conference is down to its final eight teams. At +300, the Panthers continue to top the field while their likely First Round opponent, the Washington Capitals, sit at +1400.
  • [Apr 1]: Though it’s still tight at the top, Florida’s odds to win the Eastern Conference continue to improve, moving from +330 to +275 since the end of February.
  • [Feb 23]: The Panthers have jumped the Lightning in the NHL Conference odds, but it’s neck and neck. The Penguins are still in the hunt, sitting at five in the odds list at +725.
  • [Feb 3]: The Lightning remain favored, but Florida has edged out Toronto for the second spot. The Panthers odds improved from +463 to +415.
  • [Jan 11]: The best team in Florida is back on top. The Lightning are now favored again to win the Eastern Conference. After a small slump from the Panthers, the Lightning have widened the gap in the East.
  • [Dec 13]: The Lightning and Leafs are now right behind the Panthers. Over the last two weeks, the Leafs’ odds have improved from +550 to +475.
  • [Nov 30]: The Capitals are making headway in the Eastern Conference NHL odds. Washington’s odds over the month of November have improved from +1250 to +725.
  • [Nov 11]: The Florida Panthers are now favored to win the Eastern Conference with odds hovering around +450. The Leafs and Lightning’s NHL odds have worsened.
  • [Oct 20]: The biggest movers in the Eastern Conference odds a week into the season are the Panthers and Islanders. Florida’s average odds have shortened from +1000 to +750 and New York’s odds have increased from +750 to +850.
  • [Oct 8]: The Islanders odds have shrunk four days out of the start of the 2021-22 NHL season. Their average odds have gone from +950 to +750.
  • [Sep 22]: With the NHL preseason right around the corner, the Eastern Conference odds have not changed much. The Lightning remain the favorite with their average odds at +330, while the Leafs find themselves as the second favorite at +575.
  • [Aug 16]: The reigning back-to-back Stanley Cup champions have opened as the favorites to win the Eastern Conference. The Boston Bruins opened average odds to win the East sit at +650.

Odds to Win the Eastern Conference

Team Odds
Florida Panthers +165
Tampa Bay Lightning +270
Carolina Hurricanes +270
New York Rangers +800
Pittsburgh Penguins +1300

Odds as of May 15, 2022, at Caesars Sportsbook.

Past 10 Eastern Conference Champions

Year Team Ranking
2021 N/A (Conference/Division restructure due to COVID-19) N/A
2020 Tampa Bay Lightning Atl. #2
2019 Boston Bruins Atl. #2
2018 Washington Capitals Metro #1
2017 Pittsburgh Penguins Metro #2
2016 Pittsburgh Penguins Metro #2
2015 Tampa Bay Lightning Atl. #2
2014 New York Rangers Metro #2
2013 Boston Bruins East #4
2012 New Jersey Devils East #6

*Note: the current playoff seeding process was adopted in 2014 playoffs.

Looking for the latest NHL odds? – Get current moneyline odds, puck lines, and totals for all upcoming games today here.

2022 Western Conference Champion Odds

  • [May 15]: After ousting the Kings in a thrilling Game 7, the Oilers have improved to +450 to win the West. Colorado’s odds have shortened even further to -120.
  • [May 10]: Colorado is officially the odds-on Western Conference favorite at -103. It helps that every other series is tied at 2-2 (and destined to go at least six games). The Avs will get significantly more rest than the rest of the conference. Calgary improved to +355 after evening its series with Dallas.
  • [May 8]: Holding a 3-0 lead over Nashville in the first round, the Avalanche (+110) are almost even-money to win the West. Down 2-1 to Dallas, Calgary has faded to +450 but remains the second-favorite for now.
  • [May 1]: The Avalanche will begin the playoffs are big favorites to win the West, as short as +130 at some sportsbooks.
  • [Apr 19]: Anaheim, Chicago, and San Jose all fall off the board while Vancouver and Winnipeg, with Western Conference odds respectively sitting at +10000 and +25000, are still holding on with just six games remaining.
  • [Apr 1]: The Golden Knights’ odds to capture the Western Conference are the longest they’ve been all season, with some books now offering Vegas at +1000.
  • [Feb 23]: The Flames currently have the third best odds to win the West. However, they are ahead of Vegas in the Pacific Division standings, so at +650 I think Calgary is worth a sprinkle for Canada online sports bettors.
  • [Feb 3]: The Avalanche remain favored in the Western Conference odds. The Los Angeles Kings have made a big move in the West, going from +5350 to +1950 since early December.
  • [Jan 11]: Vegas and Colorado are the top two favorites in the West again. The Wild and Flames’ odds have worsened since the COVID-19 pause.
  • [Dec 13]: The Minnesota Wild are now the third betting favorite to win the West. The Avalanche and Golden Knights remain the teams to beat.
  • [Nov 30]: It’s a tight race in the Western Conference odds, but the Avalanche are still favored to win. Vegas stays put as the second betting favorite, despite their early season struggles.
  • [Nov 10]: The Blues NHL odds to win the West have significantly shortened from +1750 to +1000.
  • [Oct 20]: A week into the season and the Oilers are the biggest movers in the Western Conference odds from +1100 to +950, while Vegas’ odds have jumped to +340.
  • [Oct 8]: Four days from the 2021-22 NHL season and the Western Conference NHL odds did not budge. Colorado remains the favorite.
  • [Sep 22]: Remains a two team race in the Western Conference with the Avalanche and Golden Knights as favorites. The Kraken’s average odds have shortened a touch to +1750.
  • [Aug 16]: The Colorado Avalanche and Vegas Golden Knights have opened as the top dogs in the West at +200 and +300 respectively. The newly added Seattle Kraken opened at +1700 odds to win the West.

Odds to Win the Western Conference

Team Odds
Colorado Avalanche -125
Calgary Flames +375
Edmonton Oilers +500
St Louis Blue +700
Dallas Stars +2000

Odds as of May 15, 2022, at Caesars Sportsbook.

Past 10 Western Conference Champions

Year Team Ranking
2021 N/A (Conference/Division restructure due to COVID-19)  N/A
2020 Dallas Stars Cent. #3
2019 St Louis Blues Cent. #3
2018 Vegas Golden Knights Pac. # 1
2017 Nashville Predators Wild Card #2
2016 San Jose Sharks Pac. #3
2015 Chicago Blackhawks Cent. #3
2014 Los Angeles Kings Pac. #3
2013 Chicago Blackhawks  West #1
2012 Los Angeles Kings  West #8

*Note: the current playoff seeding process was adopted in 2014 playoffs.

Archived NHL Conference Odds: 2020-21, 2019-20

Author Image

Sascha was a hockey player in his youth, a lawyer in his capricious mid-20s, and has now been an assigning editor, writer, and lead oddsmaker for SBD for over seven years. He covers everything you can possibly put odds on, but specializes in football, baseball, hockey, and basketball.