The Blackhawks are now listed as 5/1 favorites to win the Stanley Cup, according to the betting website Bovada.
Chicago is followed by the Anaheim Ducks (7/1), the Pittsburgh Penguins (9/1) the Tampa Bay Lightning (10/1) and the Montreal Canadiens (12/1).
The Blackhawks (25-11-2) have amassed more points (52) than all but one team (Anaheim, 54) in the Western Conference.
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Chicago ranks fifth in the NHL in average goals scored per game (3.00) and first in average goals allowed per game (2.10).
In addition, the Blackhawks had several players -- including goaltender Corey Crawford and forward Patrick Kane -- among the leaders in the most recent All-Star voting returns.
Chicago last won the cup in 2013.
The Blackhawks host the Dallas Stars on Sunday.