Opening night Vegas odds to win it all

[Azhouse]

Originally Posted by cam_wmh

Those Vegas bookies are geniuses with how they’re gonna pillage Edmontonians sweatpants pockets.

Fixed your post

[Oil Stain]

Dallas got a big bump. Third in the West.

The West seems pretty wide open. Chicago isnt the dynasty team any more and every other team has some significant question marks as well.

[GirlySports]

To win Pacific

Edmonton +175
Anaheim +250
San Jose +475
LA Kings +550
Calgary +600
Vegas +2800
Arizona +2800
Vancouver +2800

[squiggs96]

Originally Posted by cam_wmh

Those Vegas bookies are geniuses with how they’re gonna pillage Edmontonians pocket books.

That's not how that works. If they were geniuses, then they'd be giving them larger odds in order to entice Edmontonians to bet more on them. By giving them lower odds, they aren't enticing them enough.

[squiggs96]

Originally Posted by Locke

How often are these right? What were the Vegas odds the last 3-5 years?

It's not about being right. It's about getting enough people betting on the ones that don't win. You take in more money on the ones that don't win the Cup, in order to pay out the one selection that is right. Vegas odds have almost nothing to do with who Vegas thinks will win or lose.

[Arsenal14]

Originally Posted by Locke

How often are these right? What were the Vegas odds the last 3-5 years?

2014-15 (Blackhawks won the cup)

Chicago Blackhawks 13/2#
Boston Bruins 10/1#
Los Angeles Kings 10/1#
Anaheim Ducks 12/1#
Pittsburgh Penguins 12/1#
St. Louis Blues 12/1#
San Jose Sharks 14/1#
Minnesota Wild 16/1#
New York Rangers 16/1#
Tampa Bay Lightning 16/1#
Colorado Avalanche 18/1#
Montreal Canadiens 18/1#
Dallas Stars 20/1#
Detroit Red Wings 22/1#
Philadelphia Flyers 28/1#
Columbus Blue Jackets 33/1#
Vancouver Canucks 33/1#
Toronto Maple Leafs 40/1#
Washington Capitals 40/1#
Edmonton Oilers 50/1#
New Jersey Devils 50/1#
Arizona Coyotes 66/1#
Carolina Hurricanes 66/1#
New York Islanders 66/1#
Ottawa Senators 66/1#
Winnipeg Jets 66/1#
Buffalo Sabres 75/1#
Calgary Flames 75/1#
Florida Panthers 75/1#
Nashville Predators 75/1#

2015-16 (Penguins won the cup)

• Chicago Blackhawks 13/2
• Tampa Bay Lightning 9/1
• Anaheim Ducks 9/1
• Los Angeles Kings 11/1
• New York Rangers 12/1
• Pittsburgh Penguins 12/1
• St. Louis Blues 14/1
• Minnesota Wild 16/1
• Nashville Predators 18/1
• Washington Capitals 18/1
• Montreal Canadiens 18/1
• New York Islanders 22/1
• Boston Bruins 25/1
• Columbus Blue Jackets 25/1
• Detroit Red Wings 25/1
• Winnipeg Jets 28/1
• Calgary Flames 28/1
• Edmonton Oilers 28/1
• Dallas Stars 33/1
• San Jose Sharks 33/1
• Ottawa Senators 40/1
• Vancouver Canucks 66/1
• Colorado Avalanche 66/1
• Florida Panthers 66/1
• Philadelphia Flyers 75/1
• New Jersey Devils 100/1
• Buffalo Sabres 100/1
• Toronto Maple Leafs 100/1
• Carolina Hurricanes 150/1
• Arizona Coyotes 250/1

2016-17

I don't have the Stanley Cup odds, but the over/under on regular season point totals were:

Washington (106.5)
Tampa Bay (105.5)
Pittsburgh (103.5)
St Louis (101.5)
Chicago (101.5)
San Jose (100.5)
Nashville (98.5)
LA (97.5)
Anaheim (96.5)
Florida (96.5)
Montreal (95.5)
New York Islanders (95.5)
New York Rangers (95.5)
Minnesota (94.5)
Boston (93.5)
Philadelphia (91.5)
Calgary (89.5)
Winnipeg (89.5)
Detroit (89.5)
Edmonton (88.5)
Colorado (87.5)
Buffalo (85.5)
Columbus (84.5)
Ottawa (83.5)
New Jersey (83.5)
Toronto (81.5)
Carolina (81.5)
Vancouver (79.5)
Arizona (77.5)

[Enoch Root]

Originally Posted by Locke

How often are these right? What were the Vegas odds the last 3-5 years?

They are always right in the sense that one of the team's will win the cup,

Your question implies: how often does the favourite win the cup?

I would guess between 1 time in 5 and 1 time in 8

[united]

Some teams with nice expected value in there:
Jets and Hurricanes at +5,000
Flames and Bruins at +2,800

On the other side, these are laughable:
Oilers at +800!!!
Blackhawks at +1,200
Rangers at +1,600

[Resolute 14]

Originally Posted by squiggs96

That's not how that works. If they were geniuses, then they'd be giving them larger odds in order to entice Edmontonians to bet more on them. By giving them lower odds, they aren't enticing them enough.

It's a balancing act. If they give huge odds and the Oilers somehow win it all, they will lose a crazy amount of money. Edmonton getting those odds is a strong indication that there is a lot of money being put on the Oilers. They are lowering the odds to entice people to bet on other teams. Spreading the bets around is what ensures the house always wins.

[squiggs96]

Originally Posted by Resolute 14

It's a balancing act. If they give huge odds and the Oilers somehow win it all, they will lose a crazy amount of money. Edmonton getting those odds is a strong indication that there is a lot of money being put on the Oilers. They are lowering the odds to entice people to bet on other teams. Spreading the bets around is what ensures the house always wins.

I'm aware of how gambling works, as noted by my very next sentence.

[Barnet Flame]

For those of you unfamiliar with gambling.

If you bet $10 on the Oilers to win the Cup at odds of 8/1, you'll lose $10.

[Strange Brew]

Dallas the worst bet on there IMO.