Lightning, not Capitals, Open as 2019 Stanley Cup Favorites

By Bryan Thiel in NHL Hockey
Updated: January 4, 2023 at 3:13 am ESTPublished:

- The Tampa Bay Lightning open as the 2019 Stanley Cup favorites with average odds of +900
- Despite being reigning champs for less than a week, the Washington Capitals are +1400 to repeat (eighth-shortest odds)
- See who online sports betting sites believe to be the favorites for the 2019 Stanley Cup
Well, the Washington Capitals are 2018 Stanley Cup Champions and … that was one hell of a party.
Ovie celebrating at @HakkasanLV last night. So epic. Go Caps! #ALLCAPS @dcsportsbog @EITMonline pic.twitter.com/HSB3DwMmiM
— Alex Price (@AlexAtJazz) June 8, 2018
But with the 2018 Stanley Cup in the books, instead of waiting for the champagne to dry in Alexander Ovechkin’s beard, it’s time to turn our attention to the early odds for 2019.
It’s typical that the defending champs get plenty of respect when futures odds open. You’ll usually find them as the favorite, or at least in the top three.
That’s not the case with Washington though.
2019 Stanley Cup Average Opening Odds
To find the Washington Capitals, you’ll have to flip to the “top 10 contenders” tab. The reigning champs surprisingly opened at an average of +1400 to win the 2019 Stanley Cup, not even sitting in the top seven.
Steven Stamkos and the Lightning Open as Favorites
The Lightning fell a game shy of reaching the Stanley Cup Final this season. If it wasn’t for Ovechkin striking early and pacing the Capitals to a Game 7 win, it could have been the Bolts facing off with the Golden Knights for the Cup.

But they fell short. So why are they the favorites?
Well for one, they’re returning a big chunk of their roster. Tampa already has 18 players under contract for next season, which is second among Eastern Conference playoff teams – Columbus is returning 19.
Meanwhile, other Eastern Conference contenders like the Penguins (17 under contract), Bruins (17), Capitals (16) and Maple Leafs (15) all face personnel questions, big and small.
#tblightning came up short again. But after a third deep run in four years, GM Steve Yzerman says 'You've got to stick with it." "You can’t get discouraged by the setbacks. You can’t over-react to the setbacks. It's a test of your will." On who's staying, who might be going https://t.co/uzTbV1IFZD
— Joe Smith (@JoeSmithNHL) June 5, 2018
Among those 18 names under contract are Steven Stamkos (27 goals, 86 points), Nikita Kucherov (39 goals, 100 points), and defenseman Victor Hedman.
Tampa is also fortunate enough to have two key contributors in Brayden Point (one year remaining) and Mikhail Sergachev (two years left) on entry-level deals.

While they only have a projected $6.8 million in cap space (fourth-lowest in the NHL), they have a year before they have to make any tough decisions. They also have the wiggle room to add if the price is right.
Who are the Lightning Losing in 2018-19?
The big name is 38-year-old Chris Kunitz, who brought his championship pedigree to town on a one-year deal last year. Joining Kunitz on the market is 27-year-old Andrej Sustr. Both had fine years, but can be replaced internally with prospects or through free agency.
Veteran wing Chris Kunitz, 38, wants to keep playing, and has interest in staying with #tblightning as UFA. "There’s no quit in him,” agent Ben Hankinson said. “He loved everything about the city, the team, the fans, and the direction they’re going. He’s wired for another run.” https://t.co/BVQWT6wDre
— Joe Smith (@JoeSmithNHL) June 5, 2018
Looking within, prospects like Alex Volkov, Taylor Raddysh, Boris Katchouk and Anthony Cirelli could all fill Kuntiz’s shoes. The blueline is a little less urgent, as they’ve got six one-way deals and Sergachev’s ELC.
Western Conference Cup Contenders
If this year was any indication, the Nashville Predators and Winnipeg Jets are going to be fighting it out for the Campbell Bowl for a while.
The Preds are in the same spot as the Lightning, as they’re losing just two NHL-level bodies to unrestricted free agency: Scott Hartnell and Alexei Emelin.
Rumors are swirling that they’re in the market to make a big change, which could be pursuing Erik Karlsson or John Tavares. They’d need to shuffle some things around, but they can absorb that hit.
Dreger doesn’t feel the Maple Leafs will be a player for John Tavares. Repeats he thinks the Predators, Blues, Sharks, Knights and Islanders are the top contenders to sign him this summer.
— NHL Watcher (@NHL_Watcher) May 22, 2018
Winnipeg will be a little busier this off-season, but won’t see their odds shift that much. They have four RFA defensemen to deal with, headlined by Jacob Trouba.
Before signing his bridge deal, Trouba was the subject of trade rumours, so it’s no guarantee he’s still in the ‘Peg come September. Their biggest priority is locking up goalie Connor Hellebuyck.
2019 Stanley Cup Futures Betting
There are three teams in the Eastern Conference that stand out when thinking about next year’s Stanley Cup: the Tampa Bay Lightning (+900 average odds), Boston Bruins (+1000), and the Toronto Maple Leafs (+1000).
All three teams have cores who are either in their prime, or about to come into it. And the Bruins and Lightning have off-seasons free of hefty financial decisions.
Team | 2019 Stanley Cup Odds |
---|---|
Tampa Bay Lightning | +900 |
Boston Bruins | +1000 |
Toronto Maple Leafs | +1000 |
In the West it’s impossible to look past the Predators (+1100) and the Jets (+1000). Whether or not either make significant moves, they’re the favorites for good reason.
The Edmonton Oilers are an enticing buy at +1800 simply due to Connor McDavid. But if you really want to go deep, the Colorado Avalanche at +4000 would pay off in a big way if they found that Vegas magic next year.
Team | 2019 Stanley Cup Odds |
---|---|
Nashville Predators | +1100 |
Winnipeg Jets | +1000 |
Edmonton Oilers | +1800 |
Colorado Avalanche | +4000 |

Sports Writer
Bryan has spent the last decade working in the sports industry. From the sidelines in the OHL and Rugby League to behind the scenes at TSN, Bryan has a wealth of experience with a soft spot for props and parlays.