Odds to win the Stanley Cup: Oilers surging up the board
The Edmonton Oilers are flying up the odds leaderboard. Photo by Godofredo A. Vásquez/AP.

We're past the halfway mark of the NHL season and have a pretty good idea of what most teams are at this point.

The latest: The Boston Bruins have dominated for half the season and are deserving of their top spot. The Carolina Hurricanes have lived up to their billing as a top contender and the Washington Capitals are a worthy value pick.

Here are the latest Stanley Cup odds as of January 24.

Stanley Cup odds

Check out the latest odds to win the Stanley Cup. Click linked odds to add selection to betslip.

TeamOdds (Jan. 24)Odds (Jan. 18)
Boston Bruins+500+550
Colorado Avalanche+650+650
Vegas Golden Knights+900+750
Carolina Hurricanes+1,000+1,000
Toronto Maple Leafs+1,050+900
Tampa Bay Lightning+1,500+1,600
Dallas Stars+1,600+1,600
New Jersey Devils+1,700+1,700
Edmonton Oilers+2,000+2,300
Minnesota Wild+2,000+2,000
Los Angeles Kings+2,100+1,900
New York Rangers+2,100+2,300
Seattle Kraken+2,100+2,100
Calgary Flames+2,300+2,100
Winnipeg Jets+2,300+2,500

NHL odds as of 8:06 p.m. on 01/24/2023.

Best odds to win the Stanley Cup

The favourite: Bruins (+500)

After dominating the NHL for the first half of the season, the Bruins find themselves with the shortest odds to win the Stanley Cup.

Boston's 37-5-4 record is tops in the NHL midway through the campaign, sitting 12 points ahead of the Hurricanes. The team has held down first for most of the season and is on pace for an incredible 139 points.

That would be the highest team total since the league started awarding the Presidents' Trophy in 1986.

The Bruins can thank the stellar play of Linus Ullmark as the main reason for their success. The netminder owns a 25-2-1 record with a sterling .938 save percentage and 1.82 goals against average.

Ullmark is the betting favourite to win the Vezina.

The offence is rolling under new head coach Jim Montgomery, too. Boston ranks first in the NHL, averaging an impressive 3.80 goals per game.

David Pastrnak's brilliance is a big reason why the offence is firing on all cylinders, as he sits second in the league in goals with 36.

Although it's improbable that the Bruins cruise from start to finish without much conflict, they've looked like the league's elite through the first half of the year.

Other Stanley Cup choices

TeamOdds (Jan. 24)Odds (Jan. 18)
Pittsburgh Penguins+2,700+2,700
Florida Panthers+3,000+4,500
Washington Capitals+3,200+3,000
New York Islanders+5,000+4,000
Buffalo Sabres+7,000+8,500
Nashville Predators+7,000+7,000
St. Louis Blues+7,500+7,500
Detroit Red Wings+12,500+12,500
Ottawa Senators+15,000+15,000
Vancouver Canucks+15,000+15,000
Philadelphia Flyers+30,000+30,000
Montreal Canadiens+50,000+50,000
San Jose Sharks+50,000+50,000
Arizona Coyotes+75,000+75,000
Columbus Blue Jackets+150,000+150,000
Anaheim Ducks+200,000+200,000
Chicago Blackhawks+300,000+300,000

Best value: Hurricanes (+1,000)

The Hurricanes have been as good as advertised to begin the 2022-23 season.

Carolina is 29-9-8 through 46 games and defence continues to be its calling card. The Canes are seventh in the league in goals against (2.65) and are allowing the fewest shots per game (26.5).

Newcomer Brent Burns has been a welcomed addition to the back end. Not only has the longtime rearguard provided some much-needed veteran leadership and solid defensive play, but he's also tallied 31 points.

Brent Burns was a great addition to the Carolina Hurricanes. Photo by Karl B DeBlaker/AP.

The Hurricanes did receive some rough injury news this past week, though, as Max Pacioretty will be sidelined for the remainder of the season. The winger only played in five games, missing most of the year recovering from a torn ACL.

Pacioretty's placement on long-term injured reserve does offer general manager Don Waddell some cap flexibility, however, which could result in a trade-deadline splash.

Goaltending is still the Canes' biggest question mark. After a hot start, Pyotr Kochetkov cooled off and was subsequently sent to the minors. Frederik Andersen recently returned and has been solid, posting a 4-0-0 record and a .942 save percentage.

Team to watch: Washington Capitals (+3,200)

The Capitals have been ravaged by injuries all season long but impressively find themselves in a playoff spot.

Players like Nicklas Backstrom, Connor Brown, John Carlson, T.J. Oshie and Tom Wilson have all missed significant time due to various ailments. Despite that, Washington sits fourth in the Metropolitan Division.

Perhaps the most encouraging part of the Caps' early-season performance has been the play between the pipes. The duo of Charlie Lindgren and Darcy Kuemper are tied for the 10th-best team save percentage in the league (.907) thus far.

Alex Ovechkin isn't showing any signs of slowing down, either, with 30 goals and 52 points through 48 contests.

Washington's holding its own without some key members and we expect the team to only improve as they begin to return.

Canadian NHL teams' Stanley Cup odds

The Canadian NHL teams have settled in and it is the Maple Leafs who sit atop the board.

Here are the updated odds for all seven franchises.

TeamOdds (Jan. 24)Odds (Jan. 18)
Toronto Maple Leafs+1,050+900
Edmonton Oilers+2,000+2,300
Calgary Flames+2,300+2,100
Winnipeg Jets+2,300+2,300
Ottawa Senators+15,000+15,000
Vancouver Canucks+15,000+15,000
Montreal Canadiens+50,000+50,000

NHL odds as of 8:06 p.m. on 01/24/2023.

  • The Maple Leafs' odds dipped over the past week. Toronto's goaltending is carrying the team at the moment, ranking third in the NHL in team save percentage (.941) across the last seven days. They've won three of their last four, and continue to sit second in the Atlantic division.
  • The Edmonton Oilers seem to have turned a corner. They've won six consecutive games by a margin of 31-13 and are receiving quality goaltending. Jack Campbell owns a .922 save percentage over his last five outings. Connor McDavid is up 15 points in the scoring race and it's his teammate Leon Draisaitl who is second.
  • The Winnipeg Jets have been playing some strong hockey, starting the year with a 31-16-1 record and sitting second in the Central. They're getting excellent play between the pipes as Connor Hellebuyck owns a dominant .924 save percentage. Surprisingly, defenceman Josh Morrissey ranks second on the team in points with 51, including a team-leading 43 assists.
NorthStar Bets editorial Insiders have no influence, direct or otherwise, over the setting of odds advertised on our platforms.