Will Colorado live up to its status as prohibitive favorites to win the 2021 NHL Stanley Cup Trophy? Could the defending champion Tampa Bay Lightning repeat after winning it all a year ago? Will the explosive Lightning get past challengers like Boston, Toronto, Washington or Pittsburgh? Could the Avalanche get beat out by a handful of challengers like No. 3 favorite, Vegas, Dallas or St. Louis?

With the 2020-21 NHL regular season steamrolling toward a fast and furious finish, now is a perfect time to take a look at the still, value-packed NHL betting odds to win the 2021 Stanley Cup. Let’s get right to it so you can continue planning your bets against their Stanley Cup odds.

NHL Betting Analysis: Updated 2021 Stanley Cup Odds

The Favorites

• Colorado Avalanche

The Avalanche (30-9-4) head into the weekend as the only team in the NHL with 30 victories. More importantly Colorado ranks first in scoring (3.6 GPG) and an equally stupendous third in goals allowed (2.3 GPG). The Avs have gone 18-4-2 at home and 12-5-2 on the road.

• Tampa Bay Lightning

Tampa Bay (29-12-2) is in second in the Central Division standings, but tied with Carolina with 60 points. The defending champs are fourth in scoring (3.4 GPG) and seventh in goals allowed (2.5 GPG). The Lightning have gone 16-4-0 at home and 13-8-2 on the road.

• Vegas Golden Knights

Vegas (29-11-2) is in second place in the West Division standings, four points behind Colorado. The Golden Knights rank fifth in scoring (3.3 GPG) and a stellar second in goals allowed (22 GPG). Vegas has gone 16-4-2 at home and 13-7-0 on the road.

• Toronto Maple Leafs

Toronto (28-12-4) is in first place in the North Division standings while ranking fifth in scoring (3.3 GPG) and ninth in goals allowed (2.6 GPG). The Maple Leafs have gone 14-7-3 at home and 14-5-1 on the road.

It Could Happen

• NY Islanders

New York is in second place in the East standings, two points behind Washington. The Isles rank 16th in scoring (2.8 GPG) and fourth in goals allowed (2.3 GPG). The Islanders have gone a blistering 18-2-2 at home and 9-10-2 on the road.

• Washington Capitals

Washington (28-12-4) sits atop the East standings while ranking second in scoring (3.5 GPG) and 18th in goals allowed (2.9 GPG).

The Capitals have gone an identical 14-6-2 at home and on the road this season.

• Pittsburgh Penguins

Pittsburgh (27-13-3) is in third place in the East Division standings while ranking fourth in scoring (3.3 GPG) and 14th in goals allowed (2.8 GPG). The Penguins have gone 16-3-2 at home and 11-10-1 on the road.

They’ve Got A Shot

• Boston Bruins

Boston (23-12-6) is in fourth place in the East standings, eight points behind division-leading Washington. The Bruins have gone 12-6-3 at home and 11-6-3 on the road this season while averaging a modest 2.7 goals per game (19th) and allowing 2.6 per contest defensively (9th).

• Carolina Hurricanes (28-10-4)

Carolina sits atop the Central Division standings while ranking 10th in scoring (3.1 GPG) and fifth in goals allowed (2.4 GPG). The Hurricanes have gone 15-3-4 at home and 13-7-0 on the road.

• Winnipeg Jets

Winnipeg (27-14-3) is in second place in the North Division, three points behind Toronto. The Jets have gone 11-6-2 at home and 16-8-1 on the road while averaging 3.2 goals per game (7th) and allowing 2.6 per contest defensively (11th).

• Minnesota Wild

Minnesota (25-13-3) is in third place in the West Division standings, seven points behind second place Vegas and 11 points behind Colorado. The Wild have gone 15-4-0 at home and 10-9-3 on the road while averaging 3.0 goals per game (13th) and allowing 2.7 per contest defensively (13th).

• Dallas Stars

The Stars (16-14-12) are in sixth place in the Central Division standings while averaging just 2.7 goals per game (19th) and allowing 2.5 goals per contest defensively (6th). The Stars have gone 9-6-8 at home and 7-8-4 on the road, but the defending Western Conference champs have their work cut out for them.

NHL Betting News

Odds and Lines: NHL Lines | Stanley Cup Odds | Conferences Odds | Conferences Odds

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