Currently listed at +21400 to win the Stanley Cup, the Washington Capitals are a deep sleeper in the futures market with a 0.5% implied chance.
After opening at +7500, the Washington Capitals have drifted to +21400, a 64.7% decline in implied probability. The market's confidence has cooled since the season began.
The Washington Capitals have been inconsistent lately, going 4-5 in their last 10 games, and the market reflects that uncertainty at +21400.
Bettors shopping for the best Washington Capitals price should look at BetMGM, currently offering +50000 — significantly better than FanDuel at +15000. That's a meaningful gap worth capturing.
This season, the Washington Capitals reached their peak market valuation at +7300 on Oct 11 and touched their lowest point at +79000 on Apr 28.
This Washington Capitals odds tracker is your single source for 2023-24 stanley cup futures odds. The chart above shows the full odds history — how Washington Capitals title odds have moved day by day — giving you a complete picture of the market's view on their championship chances.