2022-23 NHL Stanley Cup Odds

Can a Canadian Team Finally Bring the Cup Home?

2022-23 Stanley Cup Odds

With over a century of history surrounding one of the most prestigious trophies in sports, the Stanley Cup will once again be up for grabs heading into the 2022-23 NHL season. With several legitimate contenders all vying for the chance to hoist Lord Stanleys Cup, it will be a war zone on the path to glory this season.

Below you will find an updated odds table for all 32 NHL franchises and their attached 2022-23 Stanley Cup odds. This table showcases the 2022-23 Stanley Cup Odds so you’ll know who are the clear-cut favourites, as well as the biggest underdogs who will be fighting to produce their own Cinderella story en route to Stanley Cup glory.

Use these odds as a tool when placing any of your NHL Futures bets so you can make an informed decision when wagering on who you believe will reign supreme this NHL season.

TeamStanley Cup Odds
Boston Bruins+500
Colorado Avalanche+600
Carolina Hurricanes+800
Vegas Golden Knights +900
Toronto Maple Leafs+1000
Tampa Bay Lightning+1400
New Jersey Devils+1600
Dallas Stars+1600
New York Rangers +1600
Calgary Flames +1800
Minnesota Wild+1800
Pittsburgh Penguins+2000
Edmonton Oilers+2200
Winnipeg Jets +3000
Florida Panthers+3500
Los Angeles Kings+3500
Washington Capitals+4000
New York Islanders+5500
Seattle Kraken+5500
Nashville Predators+6000
St. Louis Blues+8000
Buffalo Sabres+10000
Vancouver Canucks+15000
Ottawa Senators+20000
Detroit Red Wings+20000
Philadelphia Flyers+50000
Montreal Canadiens+50000
Columbus Blue Jackets+50000
San Jose Sharks+50000
Chicago Blackhawks+100000
Anaheim Ducks+100000
Arizona Coyotes+100000

(Odds Courtesy of DraftKings Sportsbook as of January 9th, 2023)

Why are the Bruins the Favourites?

One of the clear-cut powerhouses in the NHL this season, the Boston Bruins seem primed to make a deep run in the Stanley Cup Playoffs. Chasing after the franchise’s seventh Stanley Cup win, the Bruins have looked unstoppable this season.

Sporting one of the best two-way groups in hockey, the Bruins match up well against any opponent. With plenty of depth throughout their roster, the Bruins have virtually no weaknesses in their game plan. Able to push the tempo and get pucks on the net, or sit back and play methodically controlling the pace of the matchup, the Bruins can defeat teams in numerous ways.

Still possessing key members from their 2011 Stanley Cup victory such as Brad Marchand and Patrice Bergeron, not only is this Bruins team talented, but they also know what it takes to go all the way to the Stanley Cup Finals.

With no signs of slowing down, the Boston Bruins are a fantastic bet to place on this years Stanley Cup odds. Back the Bruins to take no prisoners on their pathway to greatness and back them on your next NHL Futures bet.

DraftKings Sportsbook Ontario

Signup & Download DraftKings Today

Terms & Conditions Apply

What Canadian Team has the Best Chance to Win the Stanley Cup?

It’s been a long time since we last saw the Stanley Cup won on Canadian soil. In-fact, if no Canadian team is successful in winning it this season, it will mark 30 years since the Cup was last won by a Canadian team, the last victory coming from the Montreal Canadiens in 1993.

Looking to put an end to the reign of dominance by American-based teams, several Canadian teams haves that have a real chance at reclaiming the Stanley Cup.

Toronto Maple Leafs

Even though they haven’t escaped the first round of the Stanley Cup Playoffs since 2004, the Toronto Maple Leafs are currently slotted with the fourth-best odds to win the 2022-23 NHL Stanley Cup.

While the Maple Leafs have demonstrated they have an abundance of talent on their roster, after losing in the First Round of the Stanley Cup Playoffs in five of the last six seasons (the lone exception coming from their loss in the Qualifying Round to the Columbus Blue Jackets in 2020), it’s hard to give the Leafs the moniker as Stanley Cup contenders.

The Maple Leafs First-Round curse mixed with their dicey goaltending unit of newly acquired Matt Murray and Ilya Samsonov only adds fuel to the fire of why the Maple Leafs will not be the saviour for Canadian teams this season.

Now with that being said, the Maple Leafs are a star-studded group. Loaded with offensive firepower from superstars Auston Matthews, John Tavares, and Mitch Marner the Leafs can score with the best of them and could easily find themselves making a deep playoff push if they can exercise their demons and find their way out of the opening round of the playouber-competitivecompetitive Eastern Conference.

Edmonton Oilers

After falling to the eventual Stanley Cup Champion Colorado Avalanche in a four-game sweep, the Edmonton Oilers are on the right track to finding their way back to the Stanley Cup Playoffs and once again make some noise.

Similar to the Maple Leafs, the bulk of the Oilers success stems from their overwhelming offensive prowess. With the star-studded duo of Hart Trophy winners Connor McDavid and Leon Draisital still leading the way for their team, the Oilers are nearly impossible for teams to contain on a nightly basis.

While the Oilers have proven themselves to be a force of nature on the offensive end, defensively they still need some work. Struggling at times to get the puck out of their own end as well as having shaky goaltending stemming from a rotating door of various goaltenders over the past few seasons.

If the Oilers can find a way to expand their game plan from simply trying to win shootouts against their opposition and instead play incorporate a more two-way focused strategy, we could see the Oilers find their way back to the Stanley Cup Final for the first time since 2006.

Calgary Flames

Also hailing from Alberta, the Calgary Flames have experienced quite the overhaul in personnel this offseason but it might just pay off in the long run. The Calgary Flames have the best odds of any Canadian team to win the Stanley Cup this season with the second-best odds among all teams in the NHL.

After flipping the league on its head with a blockbuster trade where Calgary acquired Jonathon Huberdeau & MacKenzie Weeger plus other assets in exchange for Matthew Tkachuk, the Flames instantly changed their team’s culture but possibly for the better.

Also having lost longtime forward Johnny Gaudreau to the Columbus Blue Jackets this offseason the new-look Flames went out and acquired Stanley Cup Champion Nazem Kadri to help boost their forward depth. While it might take a while for this new unit to find their identity and mesh as a unit, there’s no shortage of upside with this team.

With tons of depth at every position, the Calgary Flames are set to lite the NHL on fire with a roster that is sure to bring unbridled excitement and potential back to the Saddledome this season.

Our Pick: Calgary Flames

There may be some growing pains to start, but if there’s a Canadian team that can get the job done this season and bring the Stanley Cup home, it’s the Calgary Flames. With incredible depth and a hungry roster hell-bent on success, the Flames potential could lead them to becoming the next juggernaut within the NHL.

If you want to back a Canadian team to capture the 2023 Stanley Cup, but are undecided where to lean, BetMGM supplies futures odds on whether a Canadian or American team will win it all.

Under the Radar Pick: Winnipeg Jets

This pick might not just be under the radar, it might not even get picked up on the frequency, but hear me out.

The Winnipeg Jets had a rough season last year, with constant internal battles from players, coaches, and management, it never seemed like the Jets were ever a cohesive unit. Entering into this season the Jets have a newly found sense of optimism with an entirely new coaching staff lead by Head Coach Rick Bowness.

With a revitalized team culture, the Jets could find themselves back to competing at the highest level in the NHL. The Jets still have fantastic depth across the board plus star-caliber players such as Mark Scheifele, Pierre-Luc Dubois, and Connor Hellebuyck, the Jets can hang with even the toughest competition within the NHL.

At (+3500) odds to win the 2022-23 Stanley Cup, the Winnipeg Jets serve as a low-risk high reward futures bet for all sports bettors. Don’t wait, strike while the iron is hot and get in on the ground floor of the best underdog Stanley Cup bet available.

FanDuel Sportsbook ON Sports

Signup & Download FanDuel Today

Terms & Conditions Apply

If you want to place a Stanley Cup bet but don’t know where to get started, head to CSB’s top online betting sites page to find the sportsbook for you and place your 2023 Stanley Cup wager.

Want the latest NHL Betting News? Canadian Sports Betting has got you covered with weekly picks & predictions on the NHL all season long so you can find your next winning hockey bet right here on CSB.

Matt Eichhorn

Matt Eichhorn

Having worked in the Sports Gambling industry since 2020, Eichhorn has expertise in all things sports betting. With experience covering various major North American sports leagues he has a wide array of knowledge to draw from when crafting his work.