Can the Oilers succeed in their quest? A look at how the favorites for the Cup have performed.

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Exploring the current state of the Western Conference and potential Stanley Cup outcomes.BetMGM Ontario Sportsbook This really highlights the position of the Edmonton Oilers in the league.

The Oilers have experienced the most significant shift in Stanley Cup betting odds since the preseason began, moving from 11.0 to 9.0 in decimal format. The Toronto Maple Leafs have also seen a change, going from 17.0 to 16.0, while the Nashville Predators have dropped from 36.0 to 17.0.

The Florida Panthers, the reigning champions, are recognized as the second most favored team in betting with odds of 10.0.

However, does being the top betting favorite in the preseason lead to actual success on the ice? Here's an overview of how Stanley Cup favorites have historically performed over the last decade, detailing their final standings, points accumulated, and playoff journeys, including which teams eliminated them when relevant. This information is sourced from the Sports Odds History website.

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How have the preseason favorites for the Stanley Cup fared since the 2014-15 season?

Year, team

Odds

Final Record

Points

Playoffs

2023-24 Avalanche

+900

50-25-7

107

Lost second round (Stars)

2023-24 Hurricanes

+900

52-23-7

111

Lost second round (Rangers)

2022-23 Avalanche

+450

51-24-7

109

Lost first round (Kraken)

2021-22 Avalanche

+600

56-19-7

119

Won Stanley Cup

2020-21 Avalanche

+700

39-13-4

82

Lost second round (Golden Knights)

2019-20 Lightning

+675

43-21-6

92

Won Stanley Cup

2018-19 Lightning

+875

62-16-4

128

Lost first round (Blue Jackets)

2017-18 Penguins

+875

47-29-6

100

Lost second round (Capitals)

2016-17 Blackhawks

+850

50-23-9

109

Lost first round (Predators)

2015-16 Blackhawks

+750

47-26-9

103

Lost first round (Blues)

2014-15 Blackhawks

+700

48-28-6

102

Won Stanley Cup

Please note: The seasons of 2019-20 and 2020-21 experienced reductions in games played.

TheseOntario sports betting The odds are sourced from SportsOddsHistory.com, utilizing data from the BetMGM Sportsbook. We utilized the concluding preseason odds for reference. In the 2023-24 season, there were co-favorites, and both teams have been included in our analysis. All eleven teams qualified for the playoffs, with three claiming the Stanley Cup; however, the remaining eight did not progress to the conference finals.

Edmonton Oilers are favored preseason contenders for the Stanley Cup.

The Oilers are drawing significant interest, boasting the highest percentage of ticket sales (12.6% of bets) and the largest sum of money wagered (27.3%). They are also favored at 4.5 to clinch the Western Conference title. Recently, deereplanet.com has provided fresh insights.Edmonton Oilers betting guide for you to bookmark.

The enthusiasm is palpable. Last spring, the Oilers reached the Cup final but lost in a dramatic seven-game series against the Panthers. A forthcoming documentary by Amazon on the NHL delves into the emotional journey the Oilers players experienced during that series, indicating that such intense challenges can yield long-term benefits for the team.

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What Oilers Did In Offseason

During the offseason, the team secured superstar Leon Draisaitl with a lucrative eight-year, $68 million contract extension starting in 2025-26, enhancing their appeal.Edmonton Oilers Stanley Cup odds They have also made savvy additions to their roster, acquiring forwards Jeff Skinner for $3 million on a one-year deal and Viktor Arvidsson for $8 million over two years.

Despite losing Evander Kane to surgeries, he is anticipated to return before the playoffs begin.

No discussion about the Oilers can begin without mentioning Connor McDavid, a three-time Hart Trophy recipient. He earned the league MVP title in his second season, 2016-17, and has consistently ranked among the top five in voting each year since. At just 27 years of age, he is once again the frontrunner to claim the Hart Trophy atOntario betting apps . For instance, he currently holds 2.5 decimal odds at the NorthStar Bets Ontario Sportsbook.

The Oilers will kick off their regular season on October 9 against the Winnipeg Jets.

Fromdeereplanet.com

USA Today photo by Perry Nelson

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Author

Mark Keast
Mark Keast
iGaming Reporter

Mark Keast works as an iGaming reporter for deereplanet.com and has recently reported on Canada's iGaming sector for The Parleh. With extensive experience, Mark has authored and edited for the Toronto Sun.

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