Currently listed at +3500 to win the Stanley Cup, the Pittsburgh Penguins are a deep sleeper in the futures market with a 2.8% implied chance.
After opening at +2150, the Pittsburgh Penguins have drifted to +3500, a 37.5% decline in implied probability. The market's confidence has cooled since the season began.
The Pittsburgh Penguins have been inconsistent lately, going 5-4 in their last 10 games, and the market reflects that uncertainty at +3500.
Bettors shopping for the best Pittsburgh Penguins price should look at BetRivers, currently offering +4000 — significantly better than BetMGM at +2800. That's a meaningful gap worth capturing.
This season, the Pittsburgh Penguins reached their peak market valuation at +1550 on Oct 25 and touched their lowest point at +6300 on Apr 12.
This Pittsburgh Penguins odds tracker is your single source for 2022-23 stanley cup futures odds. The chart above shows the full odds history — how Pittsburgh Penguins title odds have moved day by day — giving you a complete picture of the market's view on their championship chances.