The Colorado Avalanche opened the 2021-22 NHL season as the favorite in Stanley Cup odds (+600) and the overwhelmingly popular pick among bettors at BetMGM.
One year later, the Avalanche open the 2022-23 season as the favorite in Stanley Cup odds (+425) and the overwhelmingly popular pick among bettors at BetMGM.
Last year, the Avs were four months removed from another early playoff exit and chasing, at minimum, their first appearance in the Western Conference Finals in 20 years.
Despite a new goaltender and two decades with nearly as many coaching changes as playoff series wins, the public was pounding Nathan MacKinnon and Co. with 28.2% of the Stanley Cup champions handle on 23% of tickets, by far the highest shares among all teams.
This year, the Avs are four months removed from their first championship since 2001 and seeking to become the ninth different franchise to win back-to-back Stanley Cups.
Despite a premium price, the public is again pounding MacKinnon and Co. with 32.4% of the handle on 22.1% of tickets. This is, again, by far the highest shares among all teams.
Here’s a full breakdown of Stanley Cup public betting:
| Team | Open | Current | Tickets | Handle |
| Avalanche | +450 | +425 | 22.10% | 32.40% |
| Maple Leafs | +850 | +800 | 6.80% | 7.30% |
| Panthers | +1000 | +900 | 2.90% | 1.60% |
| Hurricanes | +1200 | +1000 | 4.50% | 3.70% |
| Lightning | +900 | +1200 | 3.80% | 3.30% |
| Oilers | +1600 | +1400 | 4.50% | 5.00% |
| Flames | +1800 | +1800 | 3.40% | 2.50% |
| Wild | +1800 | +1800 | 1.40% | 1.10% |
| Rangers | +2000 | +1800 | 9.30% | 14.00% |
| Penguins | +2000 | +1800 | 2.40% | 2.40% |
| Golden Knights | +1400 | +1800 | 2.50% | 1.80% |
| Bruins | +2500 | +2800 | 1.70% | 2.00% |
| Blues | +2200 | +3000 | 2.10% | 1.80% |
| Islanders | +3000 | +3300 | 2.30% | 2.60% |
| Kings | +4000 | +3500 | 1.80% | 1.70% |
| Predators | +5000 | +4000 | 2.00% | 1.30% |
| Capitals | +3500 | +4000 | 2.70% | 2.00% |
| Stars | +4000 | +5000 | 1.00% | 0.40% |
| Red Wings | +5000 | +5000 | 5.60% | 3.40% |
| Senators | +8000 | +5000 | 2.80% | 1.80% |
| Canucks | +5000 | +5000 | 0.70% | 0.50% |
| Devils | +8000 | +6600 | 2.20% | 2.70% |
| Jets | +6600 | +6600 | 0.60% | 0.20% |
| Blue Jackets | +10000 | +8000 | 1.10% | 0.80% |
| Sabres | +6600 | +10000 | 1.00% | 0.50% |
| Ducks | +8000 | +15000 | 1.00% | 0.50% |
| Canadiens | +15000 | +15000 | 1.10% | 0.20% |
| Flyers | +6600 | +15000 | 1.10% | 0.50% |
| Sharks | +10000 | +15000 | 0.70% | 0.30% |
| Kraken | +12500 | +15000 | 1.00% | 0.30% |
| Coyotes | +50000 | +50000 | 1.80% | 0.60% |
| Blackhawks | +10000 | +50000 | 2.00% | 1.00% |
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