The Stanley Cup playoffs are known for their unpredictable nature and the high level of parity among all teams. The NHL has a history of teams exceeding expectations and making deep runs into the playoffs. One prime example of this is the 2005-06 Carolina Hurricanes, who were the underdogs with the longest preseason odds to win the title at 60-1. However, they defied the odds and emerged as Stanley Cup champions. This spirit of unpredictability and underdog success is what makes the NHL playoffs so exciting for fans.
Fast forward 18 years later, and the Carolina Hurricanes find themselves in a unique position as the favorites to win the Stanley Cup. However, their odds of +550 at ESPN BET are the longest for any favorite entering the playoffs in the past 40 seasons, according to ESPN Stats & Information. It is a significant shift for the franchise, which has never been the betting favorite going into the playoffs, even during its days as the Hartford Whalers. The Hurricanes’ journey to the Stanley Cup Final won’t be easy, as they face tough competition and a field of strong contenders.
While the Hurricanes may be the favorites on paper, other teams have also garnered significant attention from both bettors and sportsbooks. Teams like the Colorado Avalanche, Boston Bruins, and Edmonton Oilers have all attracted considerable bets and money leading up to the playoffs. However, the New York Rangers stand out as the most popular team among bettors, with the most handle at various sportsbooks. Despite not being the top attraction in terms of betting, the Hurricanes must navigate through a field of competitive teams to fulfill their championship aspirations.
In contrast to the popular and high-profile teams, there are underdog stories unfolding in the NHL playoffs. Teams from lower-profile markets like the Florida Panthers, Vancouver Canucks, and Winnipeg Jets have outperformed expectations and attracted less attention from bettors. These teams have defied the odds, with Florida and Vancouver winning their respective divisions after starting the season with long preseason odds. Despite the lack of attention from bettors, these teams have proven that success can come from unexpected places in the NHL.
Relief for Sportsbooks
As the playoffs progress, sportsbooks are also keeping an eye on the teams that won’t be contending for the Stanley Cup. Teams like the Detroit Red Wings, New Jersey Devils, and Pittsburgh Penguins accumulated significant tickets and handle throughout the season, creating liabilities for sportsbooks. The absence of these popular teams in the postseason provides some relief for sportsbooks, as they can adjust their odds and focus on the remaining contenders. The unpredictable nature of the NHL playoffs keeps both fans and sportsbooks on their toes, as any team has the potential to make a deep run and claim the Stanley Cup.
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