The Avalanche entered the 2021-22 season as the favorite to win the Stanley Cup, and sure enough, months later, it was Nathan MacKinnon, Cale Makar and Co. who were lifting Lord Stanley at the season’s end. It was the second time in the past three years that the preseason favorite went on to win the Stanley Cup, with the Lightning doing the same in 2020. 

For this season, the defending champs are once again favored to be crowned the NHL champion. Tampa Bay, which lost to Colorado in the finals, is among the teams with the highest odds at raising hockey’s most coveted trophy this year. 

In addition to the Stanley Cup odds, there is also the opportunity to predict who will win each of the four divisions and the two conference champions as well. 

MORE: Final standings, awards, playoff projections, Stanley Cup prediction

Here are the odds for the divisions, conferences and Stanley Cup for the 2022-23 NHL season. 

NHL Division winner odds

Atlantic Division odds

The Maple Leafs enter the season as the favorite to win the Atlantic Division, according to Sports Interaction. The Panthers won the division last season, finishing with the best record in the league. 

Metropolitan Division odds

The Hurricanes enter the season as the favorite to win the Metropolitan Division, according to Sports Interaction. The team won the division last year. 

Central Division odds

After winning the division and the Stanley Cup last year, the Avalanche enter the season as the favorite to win the Central Division, according to Sports Interaction. 

Pacific Division odds

The Flames enter the season as the favorite to win the Pacific Division again, according to Sports Interaction, after claiming it last year. 

NHL Conference winner odds

Eastern Conference

The Maple Leafs are the favorite to come out of the Eastern Conference, according to Sports Interaction. The Lightning, who hold the third-best odds, have been crowned the Eastern Conference champion three years in a row. 

Western Conference

The Avalanche are the favorite to come out of the Western Conference, according to Sports Interaction, after winning the conference last season. 

NHL Stanley Cup odds

The Avalanche are once again the favorite to win the Stanley Cup, according to Sports Interaction, after earning the trophy during the 2021-22 season.