Stanley Cup Odds For 2021 NHL Season: Books Loving Avalanche

Posted By Esten McLaren on September 30, 2020
Stanley Cup NHL odds 2021 Avalanche

Sportsbooks were quick to release betting odds for the 2020-21 NHL season following Tampa Bay’s championship win earlier this week. The Lightning are +850 to repeat at DraftKings Sportsbook and are +950 to win it all again at FanDuel Sportsbook. But they are not the favorites.

That title goes to the Colorado Avalanche, who are +800 to claim the Cup in 2021 at DraftKings and +750 at FanDuel.

Not much is known about the 2020-21 NHL season, other than the fact it won’t be played in its entirety under the bubble format, according to NHL Players Association executive director Donald Fehr. The season is expected to begin sometime after Dec. 1. It is expected to be a full 82 games but a shorter 60-game schedule is also believed to be an option.

In the meantime, the 2020 NHL Draft will run Oct. 6-7. Free agency will open Friday, Oct. 9 at noon ET. While these events are both likely to drastically shake up the odds and the outlook of the league as a whole, we’ll look at the early favorites, contenders, and longshots to win the 2020-21 Stanley Cup based on the opening NHL futures odds.

2021 Stanley Cup odds

Stanley Cup Winner

Game
(Eastern Time)
(EST)
Colorado Avalanche
Bet now
+750
Bet now
+750
Vegas Golden Knights
Bet now
+800
Bet now
+750
Tampa Bay Lightning
Bet now
+900
Bet now
+950
Boston Bruins
Bet now
+1300
Bet now
+1200
Philadelphia Flyers
Bet now
+1400
Bet now
+1400
Toronto Maple Leafs
Bet now
+1600
Bet now
+1900
St. Louis Blues
Bet now
+1700
Bet now
+1800
Washington Capitals
Bet now
+1700
Bet now
+1600
Pittsburgh Penguins
Bet now
+1900
Bet now
+1600
Carolina Hurricanes
Bet now
+2000
Bet now
+2300
Dallas Stars
Bet now
+2200
Bet now
+2000
Edmonton Oilers
Bet now
+2300
Bet now
+2100
Calgary Flames
Bet now
+2400
Bet now
+2900
Nashville Predators
Bet now
+2700
Bet now
+2700
New York Islanders
Bet now
+2700
Bet now
+2600
New York Rangers
Bet now
+2700
Bet now
+3000
Florida Panthers
Bet now
+3200
Bet now
+3300
Vancouver Canucks
Bet now
+3500
Bet now
+3100
Winnipeg Jets
Bet now
+3700
Bet now
+3300
Buffalo Sabres
Bet now
+4000
Bet now
+6000
Columbus Blue Jackets
Bet now
+4000
Bet now
+3800
San Jose Sharks
Bet now
+4500
Bet now
+4000
Chicago Blackhawks
Bet now
+5000
Bet now
+4900
LA Kings
Bet now
+5000
Bet now
+5500
Montreal Canadiens
Bet now
+5000
Bet now
+4800
Anaheim Ducks
Bet now
+5500
Bet now
+6000
Minnesota Wild
Bet now
+5500
Bet now
+4700
Arizona Coyotes
Bet now
+6000
Bet now
+5000
New Jersey Devils
Bet now
+8500
Bet now
+5500
Ottawa Senators
Bet now
+17500
Bet now
+10000
Detroit Red Wings
Bet now
+30000
Bet now
+20000

2021 Stanley Cup favorites

Colorado Avalanche: The Avalanche open as the favorites to win the Stanley Cup after losing to the Stars in the Western Conference Final. They still have a young, dominant core with C Nathan MacKinnon, RW Mikko Rantanen, and LW Gabriel Landeskog. Gs Philipp Grubauer and Pavel Francouz also both remain under contract for at least next season. Colorado holds the No. 28 pick in the NHL Entry Draft and has over $22 million in cap space, according to Cap Friendly. Look for general manager Joe Sakic to address some weaknesses and openings on defense and potentially make a splash in the free agent goalie market for an upgrade.

Tampa Bay Lightning: The Lightning can be perceived as having early value on the opening odds after nearly going wire-to-wire as Cup favorites last season. They don’t have a first round pick in the upcoming draft, but their core returns and they’ll have over $5 million in cap space to work out an extension with restricted free agent D Mikhail Sergachev. Captain C Steven Stamkos should also make his return in full next season after playing just 2:47 in the 2019-20 playoffs.

Vegas Golden Knights: The Golden Knights had what can be considered a disappointing early postseason exit for the second year in a row after entering Round 1 with the top seed in the Western Conference. The NHL’s youngest franchise will start to feel the pressure of the salary cap for the first time and is likely to lose G Robin Lehner to free agency. Still, they’ll have several top prospects competing for roster spots at all positions and G Marc-Andre Fleury remains under contract for the next two seasons. The Knights remain built to win now.

Rank
DFS Provider
Bonus
Features
Click To Claim
1
$520
Total Bonus Offer
$20 Free Play On First Deposit
Plus 20% deposit match up to $500
#1 in Daily Fantasy Sports
To Claim: Click Play Now
2
$5 Free
No Deposit Required
$5 Free
$5 More On Deposit
Watch Sports, Play Fantasy, Win Cash!
To Claim: Click Play Now

2020-21 Stanley Cup contenders

Tier 1

Boston Bruins: With over $14 million in projected cap space, re-signing free-agent Ds Zdeno Chara and Torey Krug is the Bruins’ biggest offseason need. They don’t have a first round draft pick but have few areas of need in order to remain an Eastern Conference powerhouse for several seasons after being eliminated from the playoffs by the Stanley Cup champs each of the last two years.

Philadelphia Flyers:Carter Hart heads into the final year of his rookie contract with Philadelphia. It’s a luxury that allows the Flyers to spend up at other positions for at least one more year with a top-six forward likely the greatest area of need. They’ll need to re-sign backup G Brian Elliott or find a replacement, but the rest of the roster is intact.

Pittsburgh Penguins: Pittsburgh got an early start on the offseason following its exit from the NHL’s bubble in Toronto. The Penguins acquired RW Kasperi Kapanen from the Toronto Maple Leafs and D Michael Matheson from the Florida Panthers via trades. Rumors continue to swirl around RFA G Matt Murray, with G Tristan Jarry a restricted free agent, as well. The Pens don’t have a first or second round pick and will have just over $6 million in cap space to find an answer between the pipes.

Washington Capitals: The Caps will have nearly $9 million in cap space with G Braden Holtby likely to be allowed to leave via free agency. G Ilya Samsonov showed last season he will be able to handle a full workload and Holtby takes a large share of the blame for Washington’s early playoff exit.

Tier 2

St. Louis Blues: The 2018-19 Stanley Cup champs are tight against the salary cap with just over $5 million in space. D Alex Pietrangelo is expected to leave in free agency and D Vince Dunn is a restricted free agent. The forward corps remains one of the best and deepest in hockey. RW Vladimir Tarasenko could be out for the beginning of the 2020-21 season following August shoulder surgery but shouldn’t miss too much time.

Toronto Maple Leafs: Toronto has slipped from an Eastern Conference favorite last year to just the seventh-best odds for 2020-21. They have $6.1 million in cap space to address defensive weaknesses after scoring 238 goals with 227 allowed last season.

2020-21 Stanley Cup longshots

Dallas Stars: The Western Conference champs open as an instant value off the six-game loss to the Lightning. G Anton Khudobin is a UFA, but Ben Bishop should return in time for the start of the 2020-21 campaign. Re-signing LW Denis Gurianov (an RFA) will be the most pressing need for GM Jim Nill. Dallas projects to have over $15 million in cap space to retool for another run.

Edmonton Oilers: Perhaps this will be the offseason the Oilers successfully build around Connor McDavid and Leon Draisaitl. They hold the No. 14 pick in the draft but don’t have a single selection in Rounds 2-4. They’re projected for just over $11 million in cap space.

New York Islanders: The Eastern Conference runner-ups largely exceeded expectations last season. G Ilya Sorokin comes over from the KHL and should replace Thomas Greiss as the backup to Semyon Varlamov. C Matthew Barzal will command most of New York’s $8.9 million in cap space as an RFA. The Isles don’t have a first or second-round pick.

Ottawa Senators: The Senators are one of two teams with odds higher than +10000 at both DK and FD. They’re coming off a 25-34-12 campaign but have a league-high $43.2 million in cap space and three first round picks. The blueprint is there to build a contender around one of the league’s best prospect pools. GM Pierre Dorion and owner Eugene Melnyk just need to make it happen.

Esten McLaren Avatar
Written by
Esten McLaren

View all posts by Esten McLaren