Colorado Avalanche Stanley Cup Futures Are a Massive Liability for Sportsbooks
Michael Martin/NHLI via Getty Images. Pictured: Gabriel Landeskog #92 of the Colorado Avalanche.
There are still 68 days until the NHL playoffs officially kick off on May 2.
The playoff picture is beginning to get more and more clear by the day.
The Colorado Avalanche opened the season as the favorite to win the Stanley Cup and they remain the favorite as we head into the closing stretch of the season.
The Avs opened at +600 and are down to +425 to win Lord Stanley’s Cup as they sit atop the Western Conference. According to BetMGM, they are by far the biggest liability in futures markets. The Avs have 25.5% of the tickets and 31.8% of the handle at BetMGM.
The Avalanche are dominating Western Conference futures as well. They opened at +220 to win the West and are now +150. Nathan MacKinnon and company are currently getting 41.1% of the tickets and 47.9% of the money.
The Flames are one of the biggest risers in the Western Conference. They went from +1600 on the open to +700 to win the West currently at BetMGM. They’re getting 10.1% of the bets and 17.4% of the handle.
The Flames have moved from +4000 to win it all at the beginning of the season to +1600 currently.
On the Eastern Conference side, the biggest liability for BetMGM is the New York Rangers. They opened at +1200 to win the East and are now +900. The Rangers are getting 23.7% of the tickets and 25.9% of the money.
The Rangers have also gone from +2500 to +2000 to win the Stanley Cup with 6.7% of the handle at BetMGM.
Another liability for the Stanley Cup is a Tampa Bay Lightning three-peat. They opened at +750 and are still +750 as we head into the closing stretch of the season. The Lightning are getting 7.3% of the public and 8.3% of the total handle.
The Penguins are getting some action to win the cup as well. They’ve moved from +1800 to +1600 to win the cup. They’re getting 5.8% of the tickets and 5.7% of the money according to BetMGM.