Four days after winning the first Stanley Cup championship in franchise history, the Vegas Golden Knights celebrated with a victory parade on the Las Vegas Strip. The players and fans will have all summer to bask in the glory, but the front office needs to get back to work quickly as the 2024 NHL Draft takes place on June 28 and 29 in Nashville. Vegas and the other 31 NHL teams will be looking to stock up on prospects and build toward either winning another title or capturing their first. A few days later, the clubs get another opportunity to restructure their rosters as the free-agent signing period begins on July 1.

Today, we'll take a look at the 2023-24 title odds and deliver some betting angles to evaluate. The Colorado Avalanche (+600) are the early favorites, even though they were shockingly eliminated by the Seattle Kraken in the first round of the 2023 Stanley Cup Playoffs after having won the third championship in franchise history a year earlier. The Golden Knights (+700) and their Stanley Cup Final opponents, the Florida Panthers (+1000), are next in line, while three teams listed at +1200 round out the top six.

Here are the current odds (as of Sunday, June 18) from Caesars Sportsbook:

• Colorado Avalanche +600
• Vegas Golden Knights +700
• Florida Panthers +1000
• Carolina Hurricanes +1200
• Edmonton Oilers +1200
• New Jersey Devils +1200
• Boston Bruins +1500
• Dallas Stars +1500
• Toronto Maple Leafs +1800
• New York Rangers +2000
• Tampa Bay Lightning +2000
• Los Angeles Kings +2500
• Minnesota Wild +2800
• Buffalo Sabres +3000
• New York Islanders +3000
• Seattle Kraken +3500
• Calgary Flames +4000
• Pittsburgh Penguins +4000
• Nashville Predators +6000
• Ottawa Senators +6000
• Vancouver Canucks +6000
• Washington Capitals +6000
• Winnipeg Jets +6000
• St. Louis Blues +7500
• Detroit Red Wings +9000
• Philadelphia Flyers +15000
• Chicago Blackhawks +20000
• Columbus Blue Jackets +20000
• Montreal Canadiens +20000
• San Jose Sharks +20000
• Arizona Coyotes +25000
• Anaheim Ducks +30000

What teams should you be betting to win the 2023-24 Stanley Cup championship? And what can the current odds tell us?... Join SportsLine right now to see more from an NHL expert!