The Stanley Cup playoffs have always been known for their unpredictability and parity. Unlike other major professional sports leagues, the NHL often sees teams exceed expectations, make deep playoff runs, and even win the championship. One of the most iconic examples of this is the 2005-06 Carolina Hurricanes, who entered the regular season with 60-1 odds to win the title. Despite the long shot, they defied the odds and emerged as Stanley Cup champions. Fast forward 18 years later, the Hurricanes find themselves in a familiar but unique position as the favorites to win the Cup, with +550 odds at ESPN BET. This marks the longest odds for any favorite entering the playoffs in the past 40 seasons, as reported by ESPN Stats & Information.
While the bookmakers have the Hurricanes as the strongest team in the playoffs, they face a tough road to the Final. The NHL postseason is filled with strong contenders who can make a legitimate case for winning the Cup. According to Fanatics Sportsbook trader Ty Gour, this year’s playoff field is as wide open as ever, with several teams having a realistic shot at championship glory. In fact, there are six teams with +800 odds or shorter on ESPN BET, indicating the level of competition and parity in the league.
Despite being the favorites, the Hurricanes are not the top choice among bettors at most sportsbooks. Teams like the Colorado Avalanche, Boston Bruins, and Edmonton Oilers have garnered significant attention and wagers from fans and analysts alike. However, the New York Rangers stand out as a popular pick and a potential threat to sportsbooks. As the Presidents’ Trophy winners, the Rangers have the highest handle at ESPN BET, BetMGM, and FanDuel. Their consistent performance and decently long odds throughout the season have made them a hot commodity among bettors.
On the flip side, lesser-known teams from smaller markets, such as the Florida Panthers, Vancouver Canucks, and Winnipeg Jets, have flown under the radar despite their impressive performances. Teams like Florida and Vancouver, who started the season with long odds, have managed to surpass expectations and even win their divisions. While they may not be the most popular picks, these underdogs have proven that they are not to be underestimated in the playoffs.
As the playoffs progress, sportsbooks are closely monitoring the liabilities associated with different teams. While the Rangers have attracted a large number of bets and handle, teams like the Detroit Red Wings, New Jersey Devils, and Pittsburgh Penguins have also accumulated significant liabilities. According to DraftKings’ Johnny Avello, the Red Wings, in particular, have generated substantial interest and wagers throughout the season, creating double the liability compared to the Rangers.
The Stanley Cup playoffs present a unique blend of favorites, challengers, underdogs, and surprises. The high level of parity in the NHL ensures that every team has a fighting chance to compete for hockey’s ultimate prize. As the postseason unfolds, fans can expect thrilling matchups, unexpected results, and the emergence of new heroes in the quest for Stanley Cup glory.
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