2023 NHL Stanley Cup Future Odds: Avalanche Open as Favorites to Repeat as Champions

The Avalanche, fresh off their Stanley Cup victory, are again the betting favorites to repeat as champions in 2023.

The Avalanche earned their third championship in franchise history after beating the Lightning, 2-1, in Game 6 of the Stanley Cup Final on Sunday night.

Colorado defenseman Cale Makar was awarded the Conn Smythe Trophy after finishing with the third-most points (29) of any player in the playoffs - behind only Edmonton’s superstar duo of Connor McDavid (33) and Leon Draisaitl (32).

Makar, the Norris Trophy winner, tailed eight goals and notched 21 assists while leading the league’s most-dominant power play unit across 20 games.

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The Colorado Avalanche pose with the Stanley Cup after defeating the Tampa Bay Lightning 2-1 in Game 6 of the NHL hockey Stanley Cup Finals on Sunday, June 26, 2022, in Tampa, Fla.
Phelan Ebenhack/AP

Fresh off this title, oddsmakers again have strong belief in the Avalanche’s talent. Colorado, who never moved from the top perch in Stanley Cup futures this past season, is already the favorite (+400) to repeat as champions again next season.

The Avalanche are expected to return a roster of incredible, under-30 talent consisting of Makar, Nathan McKinnon, Mikko RantanenGabriel Landeskog and Valeri Nichushkin. One crucial decision will involve center Nazem Kadri, who enjoyed a career season and made a major impact in the club’s postseason success.

The runner-up Lightning, who failed in their quest for a three-peat, are the third betting choice at +900 odds. Tampa Bay faces an important decision with impending free agent Ondrej Palat. The star forward, who tied with captain Steven Stamkos for the club lead with 11 goals in 23 playoff games, has spent all of his 10 seasons in the NHL with the team that drafted him in seventh round of the 2011 draft.

Sandwiched between the two teams who reached the Stanley Cup Final are the Maple Leafs with +800 odds. Any club with Auston Matthews, who led the NHL with 60 goals in the regular season, will always offer bettors solid value. However, single-digit odds seems a bit light on a team who seems to always struggle in the playoffs.

Mandatory Credit: Dan Hamilton-USA TODAY Sports

The Panthers (+1000) are closely followed by the Hurricanes (+1400), Golden Knights (+1400), Flames (+1800), Oilers (+1800) and Wild (+1800).

The Rangers (+2000), who possess the NHL’s best goalie in Igor Shesterkin, have important roster decisions involving Ryan StromeAndrew Copp and Frankie Vatrano. If New York can make solid additions while retaining key contributors, bettors are looking at solid value on a team coming off an Eastern Conference Final appearance.

Bettors need to pay attention to free agency this offseason, as Nashville’s Filip Forsberg, Calgary’s Johnny GaudreauBoston’s Patrice Bergeron and Pittsburgh’s Evgeni Malkin could flip the balance of power.

The Canadiens and Coyotes open as the biggest long shots of any club to win the 2023 Stanley Cup at odds of +15000.

ODDS TO WIN 2023 STANLEY CUP

Avalanche +400
Maple Leafs +800
Lightning +900
Panthers +1000
Hurricanes +1400
Golden Knights  +1400
Flames +1800
Oilers +1800
Wild +1800
Penguins +2000
Rangers +2000
Blues +2200
Bruins +2200
Islanders +3500
Capitals +3500
Canucks +4500

New York Rangers goaltender Igor Shesterkin (31) deflects a shot as center Barclay Goodrow (21) and defenseman Jacob Trouba (8) look to control the rebound against Tampa Bay Lightning left wing Pat Maroon (14) in Game 5 of the NHL Hockey Stanley Cup playoffs Eastern Conference Finals, Thursday, June 9, 2022, in New York.
Adam Hunger/AP

Stars +4500
Kings +4500
Sabres +5000
Red Wings +5000
Predators +5500
Flyers +6000
Jets +6000
Devils +7500
Senators +7500
Ducks +7500
Blackhawks +10000
Kraken +10000
Blue Jackets +10000
Sharks +10000
Canadiens +15000
Coyotes +15000


Frankie Taddeo is a successful high-stakes fantasy football player who created the first-ever DFS program ever offered in a Las Vegas sportsbook. Frankie is SI Betting's Senior Analyst and provides his significant experience and resources in the sports betting scene. You can follow Frankie on Twitter @Frankie_Fantasy for his latest betting and fantasy insights from Las Vegas.

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Frankie Taddeo
FRANKIE TADDEO

Frankie Taddeo is a successful high-stakes fantasy football player who created the first-ever DFS program offered in a Las Vegas sportsbook. Besides contributing NFL fantasy analysis with a Vegas slant, Frankie primarily performs as Sports Illustrated's Senior Betting Analyst providing his significant experience and resources in the sports betting scene.