NHL Eastern Conference Odds Update: Penguins Now a Top 3 Favorite

  • BetOnline’s updated Eastern Conference odds list the streaking Lightning (+350) as the favorite to make the Cup Final
  • The Bruins (+400), Penguins (+450) and Capitals (+600) are no strangers to playoff success
  • Monday’s NHL Trade Deadline could provide a missing piece for each of the East’s top contenders

There are no fresh faces or first-timers at the top of the Eastern Conference. Having made the Stanley Cup Final three times in the past decade, the Bruins currently lead the NHL with 88 points.

Despite their success, last year’s President’s Trophy winners in Tampa Bay are currently favored to come out of the East after winning their last 11 games. Then there’s the Penguins, winners of three championships since 2009, and a Capitals team that’s just two years removed from raising the Cup.

Who will win this battle of the titans come playoff time? Let’s check the latest odds to win the East, courtesy of BetOnline.

NHL EASTERN CONFERENCE ODDS

Team Current Odds Trending Nov. 29, 2019
Tampa Bay Lightning +350 +550
Boston Bruins +400 +450
Pittsburgh Penguins +450 +1400
Washington Capitals +600 +550
Toronto Maple Leafs +1000 +800
Carolina Hurricanes +1400 +1200
New York Islanders +1400 +700
Florida Panthers +1600 +1200
New York Rangers +2000 +2500
Philadelphia Flyers +2000 +1400
Columbus Blue Jackets +2500 +5000
Buffalo Sabres +12500 +2500
Montreal Canadiens +12500 +2500
New Jersey Devils +25000 +3300
Ottawa Senators +25000 +2500

HEAVYWEIGHT CUP CONTENDERS

Boston (+400) is 14-4-2 since the calendar flipped to the new year, largely thanks to the play of goal-scoring machine David Pastrnak and Brad Marchand, who has quietly evolved into one of the league’s premier set-up men with 52 assists (3rd in NHL) on the year.

Despite their extended stretch of hot play, the Bruins have still lost nine points in the standings to the Lightning (+350) since January 1st.

Borderline unbeatable with a 19-3 record in 2020, Tampa Bay sits only three points behind Boston with a game in hand heading into Thursday night’s action.

Jon Cooper’s club looks destined to win their second-straight President’s Trophy, but we all remember what happened last April.

THE RIVALRY CONTINUES

Sidney Crosby’s Penguins defeated Alexander Ovechkin’s Capitals in the playoffs during each of the franchise’s successful Stanley Cup runs in 2009, 2016 and 2017 before finally falling to Washington in their triumphant 2018 season.

Once again on a collision course in the Metropolitan, both teams have already made deals ahead of Monday’s NHL trade deadline. The Caps grabbed big-bodied defenceman Brenden Dillon while Pittsburgh’s newest addition, Jason Zucker, has been on a scoring spree (3G, 1A) on Crosby’s wing.

The Penguins’ odds to make the Cup Final have shortened to +450, making us feel very good about our recommendation to snag them at +1400 back in November when Sid was out with a sports hernia injury.

Meanwhile, the Capitals’ odds have slid to +600 after a recent cold streak (1-4-0 in their last five games) dropped them behind Pittsburgh for the division lead.

Before betting on any of these Eastern Conference giants, however, you should probably wait for the smoke from Monday’s trade deadline to clear. With little separating these superpowers, one move could make all the difference.

Steve Dominey

Steve has almost 15 years of experience in marketing, PR and sports television. After acquiring a Journalism degree from Carleton University, he assembled highlight packs for Canada's most-watched sports network (TSN) before transitioning to a career in communications. He describes himself as a good father, great dog owner, and mediocre gambler and husband.