2020-21 Stanley Cup Odds: Colorado Avalanche favored over Tampa Bay Lightning

The Colorado Avalanche are the early betting favorites to win the 2020-21 Stanley Cup. We look at the full betting odds.

The Tampa Bay Lightning are the 2019-20 Stanley Cup champions after beating the Dallas Stars in six games in the NHL’s bubble in Edmonton, AB. BetMGM has posted the NHL futures betting odds to win the 2020-21 Stanley Cup, with the Lightning coming in second by those odds.

Little is known about the 2020-21 NHL season as of now. It’s expected to be a full 82 games but a shortened 60-game schedule is also on the table. It won’t be entirely played in a bubble and the hope is to have at least a portion of the campaign played in front of fans.

2020-21 Stanley Cup odds

Odds provided by BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Tuesday, Sept. 29 at 2:50 p.m. ET.

Favorites

  • Colorado Avalanche (+800)
  • Tampa Bay Lightning (+1000)
  • Vegas Golden Knights (+1000)
  • Boston Bruins (+1100)
  • Philadelphia Flyers (+1400)
  • Pittsburgh Penguins (+1800)
  • St. Louis Blues (+1800)
  • Washington Capitals (+1800)

Quick notes: The Avs open as the cup favorites over the Lightning after being eliminated in the Western Conference Final. They’re expected to have over $22 million in cap space, according to Cap Friendly. The Golden Knights and Blues are tightest against the salary cap with just $4.94 and $5.15 million in space, respectively.

Looking to place a bet on the 2020-21 Stanley Cup or other NHL futures? Get some action on it at BetMGM. Bet Now!

Contenders

  • Carolina Hurricanes (+2200)
  • Dallas Stars (+2200)
  • New York Islanders (+2200)
  • Toronto Maple Leafs (+2200)
  • Edmonton Oilers (+2800)
  • Nashville Predators (+3000)
  • New York Rangers (+3000)
  • Vancouver Canucks (+3000)
  • Arizona Coyotes (+3500)
  • Calgary Flames (+3500)
  • Columbus Blue Jackets (+3500)
  • Chicago Blackhawks (+4000)
  • Florida Panthers (+4000)
  • Winnipeg Jets (+4000)

Quick notes: The Stars are an early value after falling to the Lightning in six games in the Stanley Cup Final. The Maple Leafs are also a solid value bet with one of the top forward groups in the NHL. They have just over $6.1 million in cap space to address defensive weaknesses.

Long shots

  • Buffalo Sabres (+5000)
  • Los Angeles Kings (+5000)
  • Minnesota Wild (+5000)
  • Montreal Canadiens (+5000)
  • New Jersey Devils (+5000)
  • San Jose Sharks (+5000)
  • Ottawa Senators (+6500)
  • Anaheim Ducks (+10000)
  • Detroit Red Wings (+10000)

Quick notes: The Canadiens and Wild are the only teams in this group to have played in the NHL’s 2019-20 restart. Montreal has added G Jake Allen via trade with the Blues to back up starter Carey Price. The Senators may represent some long-shot value with a league-high $43.3 million in cap space and three first-round picks in the 2020 NHL Entry Draft.

New to NHL Futures betting?

A $10 bet on the Avalanche (+800) to win the Stanley Cup would return a profit of $80 at the end of the 2020-21 season. The same bet on the Ducks (+10000) or Red Wings (+10000) would fetch a profit of $1,000.

Get some action on the 2020-21 Stanley Cup by signing up and betting at BetMGM. If you’re looking for more sports betting picks and tips, access all of our content at SportsbookWire.com. Please gamble responsibly.

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Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.

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