The NHL prides — and markets — itself on parity.
Hockey is a chaotic, unpredictable sport, and the notion is that anyone can win.
On any given evening, in any given season, we’re to anticipate the surprising within the Nationwide Hockey League.
And whereas there are many upsets and surprises within the common season, the playoffs had been extremely chalky.
Just one underdog (Dallas Stars over Colorado Avalanche) superior in Spherical 1, and there have been no extra upsets till the Stanley Cup Last, when the Panthers lifted the trophy after beginning their best-of-seven collection with the Oilers as a slight +110 pooch
Not precisely David vs. Goliath.
In 2023-24, it wasn’t all that totally different. All eight favorites superior in Spherical 1 final spring, and simply two groups (Rangers over Carolina Hurricanes in Spherical 2 and Oilers over Stars in Spherical 3) pulled an upset through the playoffs.
This isn’t regular.
Within the earlier playoffs, there was a median of six upsets, together with a handful of actual shockers.
Going again to the 2013-14 season, when the NHL realigned and altered playoff codecs, the typical Opening Night time value of the Stanley Cup winner is +1250, with simply two groups cashing at something above 15/1 odds.
The 2023-24 Florida Panthers began the season as a 20/1 outsider, whereas the 2018-19 St. Louis Blues started that marketing campaign at 30/1.
The final time there was a real long-shot winner was again in 2005-06, the primary season after a lockout worn out the whole 2004-05 marketing campaign, when the Carolina Hurricanes shocked everybody at 60/1 odds.
It’s additionally price noting that the betting panorama (not simply in hockey, however all sports activities) has modified considerably over that point, which has induced future odds to tighten.
It was a rarity to see greater than two or three groups begin the NHL season with single-digit costs, even a few years in the past, however now issues are extremely bunched up on the prime of the board.
There are 5 groups with Stanley Cup odds lower than 10/1 odds at FanDuel Sportsbook for the 2025-26 marketing campaign, and there are 4 extra underneath 20/1.
Your subsequent Stanley Cup champion will doubtless come from that cohort.
That seems like an apparent factor to say, however it’s price mentioning due to the repute that hockey has amongst sports activities followers and bettors.
Betting on the NHL?
The NBA playoffs are presupposed to be chalky and predictable, whereas the NHL’s postseason is assumed to be filled with upsets and Cinderellas.
That simply isn’t the case anymore.
The NBA postseason have had 5 upsets (and probably a sixth if the Pacers win Sunday) this season, and there have been 11 extra within the earlier two tournaments.

The final six groups to make it to the NBA Finals have had common odds of twenty-two/1, and that features final yr’s Boston Celtics, who had been +400 on Opening Night time, and the present favourite Oklahoma Metropolis Thunder, who owned +500 odds to begin this season.
The final six groups to make it to the Stanley Cup Last have had common odds of 16/1, and no groups that entered the season at 20/1 or longer have made it to the championship collection for the reason that Montreal Canadiens did so within the shortened 2020-21 marketing campaign.
Possibly the pendulum will swing again the opposite means and we’ll see some chaos in 2025-26, however because it stands proper now, the NHL’s repute for being unpredictable is pretend information.
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Michael Leboff is a long-suffering Islanders fan, however a long-profiting sports activities bettor with 10 years of expertise within the playing trade. He loves utilizing recreation idea to assist punters win bracket swimming pools, discover lengthy pictures, and learn to beat the market in mainstream and area of interest sports activities.