Pittsburgh Penguins Stanley Cup Betting Odds

Pittsburgh Penguins Stanley Cup Betting Odds

Pittsburgh Penguins Stanley Cup Betting

Last year was a two-sided coin type season for the Pittsburgh Penguins. On the one hand, the Penguins improved defensively and had a solid, though not great, regular season. On the other hand, Pittsburgh blew their opening round playoff series disturbingly. The Penguins had the New York Rangers on the ropes with a 3-1 series lead. But the Broadway Blueshirts rallied to win the final three games and the series. The debacle raised new doubts about a Penguins team that is both young and aging. Entering the 2022-23 season, the Penguins have their share of detractors and believers.

Pittsburgh Penguins at a Glance

2022-2023 Stanley Cup Odds: +1800 (Aug, 2022)

Eastern Conference Odds: +977 (Aug, 2022)

Last year the Pittsburgh Penguins finished with a record of 46-25-11 to finish 3rd in the Metropolitan Division. The Penguins ranked 11th for goal scoring, 19th for power play efficiency, 5th for goals against, and 3rd for penalty killing. The New York Rangers eliminated Pittsburgh in the opening round of the playoffs.

General manager Ron Hextall is best known for his playing days as a take no prisoners goaltender for the Philadelphia Flyers. At Philadelphia, Hextall later served as general manager. The development of the Flyers' rebuild was too slow for fans, and he was fired on November 26, 2018. But as time passed, Hextall was given some credit for leaving the Flyers better than he found them. Hextall took over as Penguins' general manager on February 9, 2021, during a difficult slump for the team. Since his arrival, the Penguins have enjoyed a revival. But the high wire act of roster manipulation remains a daunting challenge.

Head coach Mike Sullivan led the Penguins to their last two Stanley Cup championships in 2016 and 2017. Sullivan is regarded as one of the best coaches in the game. His record at Pittsburgh is 297-156-54. The Penguins made the playoffs in all seven of his seasons behind the bench.

Pittsburgh center and team captain Sidney Crosby is a future first-ballot Hall of Famer. Crosby is an eight-time All-Star and two-time Hart Memorial trophy winner as the NHL most valuable player. He was also named the Conn Smythe Trophy winner two times as the playoff MVP. Crosby has 517 regular season and 71 playoff goals for his career. At age 35, Crosby is showing no signs of slowing down. He scored 31 goals with 53 assists in the 2021-22 season.

Pittsburgh Penguins Seasons

2021-22 46-25-11 Lost First Round
2020-21 37-16-3 Lost First Round
2019-20 40-23-6 Lost Qualifying Round
2018-19 44-26-12 Lost First Round
2017-18 47-29-6 Lost Second Round
2016-17 50-21-11 Won Stanley Cup
2015-16 48-26-8 Won Stanley Cup
2014-15 43-27-12 Lost First Round
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Pittsburgh Penguins History

Founded in 1967 as part of the NHL's "Great Expansion," the Pittsburgh Penguins struggled for most of their existence until the arrival of Mario Lemieux in 1984. Since then, they have been one of the NHL's marquee franchises. Pittsburgh has won a total of five Stanley Cup championships in its history. Sidney Crosby took the mantle from Lemieux as the franchise's marquee man. Lemieux is now a part-owner of the team.

It may be hard to believe in this era where the Penguins are one of the NHL’s most successful franchises, but the NHL was often not a sure thing in the Steel City. For the first several years in business, the Penguins lost money and had to change owners several times. Additionally, there were several close calls in which the franchise nearly left Pittsburgh or faced the possibility of folding.

But the arrival of Mario Lemieux in 1984 completely transformed the franchise. Lemieux is one of the most dominant players in NHL history and led the Penguins to their first two Stanley Cup Championships and their first long-term glory era. And then, in 2005, when the Penguins were bankrupt, Sidney Crosby arrived to save the franchise again. Crosby has led the Penguins to three Stanley Cups and was the marquee man that made the Penguins so attractive that they could get the financing for a new arena. PPG Paints Arena has been filled ever since for a franchise that is one of the best run in any sport.

NHL Teams

Eastern Conference - Atlantic

Eastern Conference - Metropolitan

Western Conference - Central

Western Conference - Pacific

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