Odds to win the Norris Trophy: Karlsson sits on top
Erik Karlsson is experiencing a career renaissance this season. Photo by Jeff Chiu/AP.

The NHL season is underway, and there are plenty of opportunities to build up your futures portfolio as markets are open for all the major awards.

The latest: Erik Karlsson is having a shocking bounce-back campaign, last year's winner — Cale Makar — is still in the race and Rasmus Dahlin could be the next young defender to take a leap.

Check out the latest Norris Trophy odds.

Norris Trophy odds

Check out the latest odds to win the Norris Trophy. Click linked odds to add selection to your betslip.

PlayerOddsOdds on January 20
Erik Karlsson+105+105
Cale Makar+350+350
Rasmus Dahlin+400+450
Adam Fox+450+450
John Morrissey+800+800
Dougie Hamilton+3,000+4,000
Roman Josi+3,500+3,000
Miro Heiskanen+3,500+3,500
Quinn Hughes+4,000+3,000
Victor Hedman+4,000+3,500

Odds as of XXX p.m. on 01/26/2023.

Best odds to win the Norris Trophy

Best value: Karlsson (+105)

After producing just 55 points over the past two seasons, it seemed fair to assume Karlsson's best days were behind him entering 2022-23.

Surprisingly, the San Jose Sharks star is on pace to set a career-high in points, and it's apparent that he's as dynamic an offensive force as ever.

Karlsson leads all defencemen in points by a significant margin, which often has an outsized importance in determining who wins this award. He's also a feel-good story that could resonate with voters.

The Swede's biggest issues are that his work on the defensive end of the ice is less than spectacular and a series of injuries have resulted in him failing to top 56 games in any season since 2017-18.

Other Norris Trophy choices

Best value: Makar (+350)

After winning both the Norris and the Conn Smythe in 2021-22, Makar is the favourite here for good reason. The 23-year-old is an unstoppable force on the ice, averaging approximately a point per game while producing strong possession numbers.

Despite his unimpeachable resume, his road to this award will require an uptick in his production.

The Avalanche star barely beat Roman Josi in Norris voting last season, and Karlsson is stealing the spotlight right now while Dahlin is also breaking out.

A serious concern with putting down a bet on Makar is his health. His injury history is far from spotless, and at 5-foot-11, 187 pounds, it's reasonable to wonder whether his lack of size could equate to a lack of durability.

It's worth noting that his odds have lengthened considerably in recent weeks, so if you're a big believer that Makar will come out on top, now might be a good time to make a bet.

Player to watch: Dahlin (+400)

Dahlin didn't look like much of a Norris candidate before the season, but his game has found a new level.

The 22-year-old is consistently lighting the lamp and posting rock-solid possession metrics while taking on a heavier defensive burden than he ever has before for the Buffalo Sabres. He's been among the leaders all season, but his odds shortened significantly since his masterful five-point performance against the Minnesota Wild on January 7.

Dahlin's scoring may slow down a touch, but he's at an age where a breakout season is plausible and his team looks more competent than expected. Right now he's well above a point per game and he's got more durability and defensive spine than Karlsson.

There's a reason the Sabres took him with the first overall pick in the 2018 draft, and his all-around game could result in a Norris win.

NorthStar Bets editorial Insiders have no influence, direct or otherwise, over the setting of odds advertised on our platforms.