Colorado Avalanche Sports Betting

Sports betting came to Colorado on May 1, 2020. Since then, the state has seen amazon growth in the space, and more than a dozen online operators now offer sportsbooks to Coloradoans. All of these sports betting sites offer Colorado Avalanche betting as well as bets on all NHL games. 

Eager Colorado bettors have naturally flocked to Colorado sports when placing their wagers. The Colorado Avalanche NHL team is no exception. The NHL’s truncated 2019-2020 season saw the Tampa Bay Lightning take the Stanley Cup, but the Avalanche performed well, placing third overall and second in the Western Conference. 

The 2020-2021 hockey season will begin on December 1, 2020, a few months later than the usual October start date following months-long delays due to COVID-19. 

Now, Colorado bettors can prepare for the Avalanche’s new season by brushing up on hockey bets. 

Avalanche Stanley Cup Odds At The Best Sportsbooks

Colorado SportsbookAvalanche Stanley Cup Odds
FanDuel+750
DraftKings+800
PointsBet (Coming Soon To CO)+800

Where Can You Bet On The Colorado Avalanche?

Bettors can wager on Avalanche games at all legal Colorado sportsbooks. Hockey is a popular mainstream sport, so it’s common to find betting lines for popular hockey teams. Betting on hockey is free of restrictions, so hockey fans aren’t short on wagers.

Plus, Colorado has more than a dozen online sportsbooks and many retail locations, so there’s never a shortage of sportsbooks offering Avalanche bets. You’re likely to find Avalanche betting lines at every Colorado sportsbook. 

Online Sportsbooks

Avalanche fans have a wealth of online sportsbook options to choose from. In fact, you’d have a tough time finding a sportsbook that doesn’t offer Avalanche bets. 

All of the big-name sportsbooks have Avalanche lines. DraftKings, FanDuel, PointsBet, and BetMGM offer bets on the team. Right now, 2020-21 championship futures are the only NHL bets available, and The Avalanche are sitting around +750 to +800 odds to take home the Stanley Cup at most books. 

Of course, those aren’t your only options. If you like to read theScore for sports coverage or analysis, you might prefer to place a wager at theScore Bet.

There’s also William Hill, FOX Bet, SBK, and many more. Suffice it to say Avalanche bettors shouldn’t have any difficulty finding a sportsbook with NHL bets. 

Retail Sportsbooks

Colorado has a smattering of retail sportsbooks that take NHL bets, too. Most are located in either Black Hawk or Cripple Creek, two of the state’s most gambling-friendly towns. 

Black Hawk in particular is great for Avalanche fans, as the town is nestled outside of Denver, about a 45-minute drive from the Pepsi Center. The relatively short journey from the Avalanche’s home arena makes Black Hawk an excellent betting destination for Colorado hockey fans. 

How NHL Betting Odds Are Calculated

Odds are set by individual sportsbooks based on a number of factors. Small differences in odds can result in significant changes to your potential payout, so it’s important to understand how they’re calculated and what they mean. 

Sports experts use a combination of league data and existing wagers to help determine odds on a given match-up. The more people bet on a team, the more that team’s odds to win increase, and the payout on a winning bet shrinks. Conversely, If fewer people are betting on a team, you might get a better payout if you wager on that team. In-game events can change the odds as well if you’re live betting. 

Here’s an example. You might see a game displayed like this:

  • Avalanche (-250)
  • Blues (+300)

This tells you a few important pieces of information:

  1. The Avalanche are favored to win the match-up (negative odds indicate the favorite) and the Blues are the underdog (because they have positive odds)
  2. To win $100 on an Avalanche bet, you would need to wager $250. 
  3. If you bet $100 on the Blues and they win, you would receive $300. 

In other words, negative odds (e.g. -150) tell you the amount you need to bet to win $100. Positive odds (e.g. +200) tell you how much you would win if you placed a $100 wager. Favored teams with negative odds may be more likely to win, but your payout will be smaller. 

Odds can change at any time for a number of reasons, so it makes sense to place a bet early if you like the odds a sportsbook gives you. 

What Kinds Of Bets Can Be Placed On The Colorado Avalanche

Betting on a game’s outcome, the point spread (the puck line, in hockey terms), and over-under bets are common in hockey just like every other sport. There are, however, deeper layers to hockey bets.

It’s one thing to bet on the number of goals scored in a single hockey match. But some bettors are even more confident. They’ll bet a Grand Salami, a wager on the total number of goals scored all day.

Bettors can be even more specific and bet on the outcomes of series of games. A bettor may think the Avs will have the following day:

  1. The Avalanche will win the first game.
  2. The Avalanche will lose the second game.
  3. The Avalanche will tie the third game.

Such a bettor would have a startling lack of faith in the Avs, but he could place a bet on that exact sequence–a parlay bet. However, it’s a risky bet, so new bettors should be careful not to overstretch. It’s still a gamble, after all.

There are plenty of other available bets outside of the core offering of puck line, totals, and moneyline. Futures and props are among the most popular. 

What Is An NHL Futures Bet

A futures bet is exactly what it sounds like. It’s a wager on an outcome near the later end of a team’s given season. For Avalanche fans, the most common futures bet would be on the team to win the Stanley Cup. You can also bet on individual conference winners.

Right now, most sportsbooks have the Colorado Avalanche listed to win the Stanley Cup around +800 odds. The team is listed at lower odds than most others because they’re expected to play well in the 2020-21 season. 

How To Place Prop Bets On The Colorado Avalanche

Prop bets (short for proposition bets) have to do with events in a match that don’t necessarily affect the outcome. For example, you might be able to place a bet on Nathan McKinnon to score the first goal of the game. If he succeeds, you would win your bet. If he scores, but it’s not the first goal, your bet would lose. 

Prop bets run the gamut from simple to downright wacky, and sportsbooks will offer some enticing options to bettors interesting in this wagering style. 

Because we’re in the off-season now, there aren’t many prop bets available. However, come December, expect a whole slew of prop bets for Avalanche games. 

How To Bet On The Avalanche In Colorado

Placing a bet on the Avalanche is very easy. Here’s a step-by-step look at how you can get started:

  1. Choose a Colorado sportsbook and either download the app or visit the desktop site. 
    1. Note that you’ll need to download the Android app direct from the operator website. Google Play doesn’t allow gambling apps, but you can still get the Android app via direct download. 
  2. Register for an account by filling in the requested information 9have your SSN handy; it’s required to register). 
  3. Deposit funds using one of the available methods. PayPal is often the quickest/easiest method, but you can use online banking or a debit card, too. 
  4. Head to the “All Sports A-Z” menu and find “Hockey.”
  5. Peruse the odds for Avalanche match-ups and place a bet!

How To Bet On The Stanley Cup In Colorado

Even though the 2020-21 NHL season starts in December, you can already place bets on the Stanley Cup winner. Avalanche fans have reason to celebrate; the team has some of the best odds to win

Currently, sportsbooks are offering bets on the winner of the Stanley Cup and conference champions. You can bet on The Avalanche to take home the championship or win the Western Conference title. 

Once the Stanley Cup actually starts, you’ll have prop bets, moneyline wagers, puck lines, and totals to choose from. Even if the Colorado Avalanche don’t make the Stanley Cup finals, you can still place bets during the championship.

Colorado Avalanche Partnerships

PointsBet secured a deal with Kroenke Sports & Entertainment, which includes marketing opportunities with the Colorado Avalanche, the Denver Nuggets, and the Pepsi Center. PointsBet will display ads throughout the venue and gain access to rebranding opportunities in the stadium. PointsBet is also building an extension of the arena’s existing sports bar, to be branded the “PointsBet Sports Bar.”

On a larger scale, the NHL secured a deal with William Hill Plc, an international bookmaker. The terms of the deal are unavailable, but one known is the marketing revenue the NHL will receive from William Hill. It’s unclear, however, what exactly this will mean for NHL fans. It’s possible that the NHL will offer prizes like Avalanche tickets, but that remains to be seen.  

Colorado Avalanche Sports Betting FAQ

Do Colorado’s legal sportsbooks offer bets on the Avalanche?

Yes. Every Colorado sportsbook offers bets on the Avalanche. These include puck line, moneyline, and totals bets alongside parlays, props, futures, and more. Avalanche fans will have no trouble finding a wide variety of bets for the NHL team.

How popular is betting on the Colorado Avalanche?

The Colorado Avalanche are very popular in Colorado, though not quite as beloved as the Denver Broncos or Nuggets. Still, the NHL team has a big fanbase, and bettors flock to the games when hockey is in season. 

The Colorado Avalanche placed third in the league overall in the 2019-20 season and second in the Western Conference, so there’s plenty of buzz surrounding the well-performing team.

Does the Colorado Avalanche have any partnerships with a sportsbook?

Yes. PointsBet is partnered with Kroenke Sports & Entertainment, and the deal includes a partnership with the Avalanche. PointsBet has exclusive advertising opportunities in the Pepsi Center plus the opportunity to build an extension of the stadium’s existing sports bar. 

Where can I bet on The Stanley Cup in Colorado?

You can find Stanley Cup bets at any Colorado sportsbook. Currently, most sports betting sites have futures bets listed for the 2020-21 Stanley Cup finals.

Who has the best odds on the Avalanche?

PointsBet and DraftKings are currently offering +800 on the Avalanche to win the Stanley Cup. Those are slightly better-paying odds than FanDuel, which is offering +750.

Is FanDuel legal in Colorado?

Yes, FanDuel is completely legal and regulated in Colorado. The FanDuel sportsbook offers plenty of hockey bets when the NHL is in season, including a wide variety of Avalanche wagers. 

About the Author

Cole Rush

Cole Rush is a Chicago-based freelance writer in the gambling, media, and entertainment space. His work has been showcased in various gaming industry magazines and online columns. Prior to freelance writing, Cole spent seven years in communications at a gambling and lottery supplier. Cole writes for a number of online and print publications, including The Quill To Live, a book review site.