Updated Stanley Cup Odds: New Favorites to Hoist Cup with Bruins Eliminated

With the Bruins and Avalanche both eliminated in the first round of the NHL playoffs, a new team emerges as the favorite to win the Stanley Cup.

Author:
Bill Enright
Publish date:
May 1, 2023

With most of the first-round NHL playoff matchups concluded, it’s time to look at the updated odds for which team will win the Stanley Cup and how the odds changed from when the playoffs first started.

Despite jumping out to a 3-1 lead, the Bruins dropped four consecutive games to the Panthers and were eliminated in Round 1. Boston was the prohibitive favorite to win the Cup entering the playoffs at +300, the Avalanche were the next closest team with odds of +625 and they were also eliminated in the first round. The fact that the two teams considered to be odds-on favorites to hoist the Stanley Cup are now out of contention speaks volumes as to how exciting these NHL playoffs have been thus far. The Rangers, Lightning, Jets, Wild, Kings and Islanders join the Bruins and Avalanche as teams ousted in Round 1.

The second round starts on Tuesday and features some exciting matchups. The new favorites to win the Cup are the Maple Leafs, who will face off against a Panthers team that just eliminated the previous favorite. The Oilers and Golden Knights sit behind Toronto as the next two teams with the shortest odds but Las Vegas and Edmonton will go head-to-head in the second round. The Devils will play the Hurricanes and the Kraken now take on the Stars.