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 +2610, the Pittsburgh Penguins have drifted to +3500, a 24.7% decline in implied probability. The market's confidence has cooled since the season began.
The Pittsburgh Penguins have been inconsistent lately, going 6-2 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 +2410 on Oct 18 and touched their lowest point at +35300 on Mar 29.
This Pittsburgh Penguins odds tracker is your single source for 2023-24 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.