The regular season is over. The bracket is set. The only question left is how much separation exists between the real contenders and the rest of the field.
After rerunning the postseason model with a seeded 500-simulation refresh on April 15, 2026, the board has a clear shape:
- Buffalo is the strongest Cup favorite
- Anaheim and Colorado are the top Western challengers
- Utah and Vegas remain live enough to keep the West crowded
- The East is much more top-heavy than the West
These projections come from the updated postseason pipeline with safer playoff-model selection, corrected playoff state construction, deterministic simulation via --seed, and new round-reach exports for every team.
The Current Cup Board
Here is the top of the market entering the playoffs:
| Team | Make Playoffs | Conference | Cup |
|---|---|---|---|
| BUF | 100.0% | 46.0% | 28.0% |
| ANA | 100.0% | 26.0% | 12.0% |
| COL | 100.0% | 14.0% | 12.0% |
| UTA | 100.0% | 16.0% | 10.0% |
| VGK | 100.0% | 18.0% | 8.0% |
| DAL | 100.0% | 10.0% | 6.0% |
| CAR | 100.0% | 16.0% | 6.0% |
| OTT | 100.0% | 10.0% | 4.0% |
| EDM | 100.0% | 4.0% | 4.0% |
| PIT | 100.0% | 8.0% | 2.0% |
Buffalo is not just first. The Sabres are first by a meaningful margin.
At 28.0%, Buffalo controls more than a quarter of all simulated Stanley Cup equity. That is a real favorite, not just a team narrowly edging the field. Anaheim and Colorado sit next at 12.0%, then Utah at 10.0%, with Vegas still close enough at 8.0% to keep the West from turning into a two-team story.
The overall board is much more top-heavy than the earlier refresh:
cup_std: 5.81cup_max: 28.0top5_cup_share: 70.0
That is closer to what a finished playoff field should look like. The strongest teams are getting paid like strongest teams.
Buffalo Has The Best Full Path, Not Just The Best Number
Buffalo's 46.0% conference-title probability is the headline East number, and the bracket explains why.
East first round
| Series | Higher Seed Win Prob |
|---|---|
| CAR over OTT | 62.5% |
| PHI over PIT | 58.0% |
| BUF over BOS | 69.7% |
| MTL over TBL | 53.9% |
Likely East second round
| Series | Favorite Win Prob |
|---|---|
| CAR over PHI | 59.9% |
| BUF over MTL | 70.3% |
Likely East final
| Series | Favorite Win Prob |
|---|---|
| BUF over CAR | 66.0% |
That is the path of a real favorite.
Buffalo is heavily favored in round one, heavily favored again in the likely second round, and still favored in the likely conference final. The Sabres also lead the new round-reach table:
- 76.0% to reach Round 2
- 64.0% to reach the conference final
- 46.0% to reach the Cup Final
- 28.0% to win the Cup
That is clean, monotone, and exactly how the postseason curve for a genuine No. 1 team should look.
The West Is A Layered Mess
The Western Conference is deeper and harder to separate cleanly.
West first round
| Series | Higher Seed Win Prob |
|---|---|
| COL over LAK | 54.7% |
| DAL over MIN | 65.9% |
| VGK over UTA | 59.2% |
| ANA over EDM | 62.5% |
Likely West second round
| Series | Favorite Win Prob |
|---|---|
| COL over DAL | 54.7% |
| ANA over VGK | 50.3% |
Likely West final
| Series | Favorite Win Prob |
|---|---|
| ANA over COL | 53.1% |
That is why Anaheim can lead the West at 26.0% conference odds while still sitting in a very crowded neighborhood.
Colorado matches Anaheim at 12.0% Cup odds even with lower conference odds because the Avalanche path still offers a strong ceiling if they survive the first two rounds. Utah at 10.0% and Vegas at 8.0% keep the Pacific side unstable enough that Anaheim does not have anything close to a free run.
The round-reach numbers make the shape more obvious:
| Team | Round 2 | Conf Final | Cup Final | Cup |
|---|---|---|---|---|
| ANA | 58.0% | 34.0% | 26.0% | 12.0% |
| COL | 62.0% | 40.0% | 14.0% | 12.0% |
| UTA | 46.0% | 30.0% | 16.0% | 10.0% |
| VGK | 52.0% | 32.0% | 18.0% | 8.0% |
| DAL | 66.0% | 24.0% | 10.0% | 6.0% |
Anaheim still owns the best full Western path. But this conference is much less settled than the East.
No Real Bubble Drama Remains
The earlier refresh still had a small East bubble tail. That is gone now.
In the current seeded run:
- every actual playoff team is at 100.0% to make the field
- every non-playoff team is at 0.0%
That is what you want on the final day: the model should stop inventing fake uncertainty once the bracket is effectively fixed.
The real remaining work is no longer on the playoff line. It is entirely about path strength and title conversion.
What The New Round-Reach Export Adds
The most useful addition in this refresh is the new round-level file.
Instead of only seeing make_playoffs, conf_odds, and cup_odds, we now get:
round2_oddsconf_final_oddscup_final_odds
That helps separate teams with similar Cup prices but different playoff shapes.
For example:
- Buffalo and Anaheim are both strong teams, but Buffalo's path is much cleaner all the way through the East.
- Colorado and Anaheim share the same 12.0% Cup odds, but Colorado's road to the Cup Final is much less direct.
- Utah's 10.0% Cup probability looks aggressive until you see the path metrics: they are still at 30.0% to reach the conference final and 16.0% to reach the Cup Final.
That is better postseason output. It lets you see where a team is strong, not just how strong the final number looks.
The Best Read Of The Board
The final-day playoff picture is:
- Buffalo is the clear favorite.
- The East runs through Buffalo, with Carolina as the main structural threat.
- The West remains a four-team fight between Anaheim, Colorado, Utah, and Vegas, with Dallas still very live.
- The bracket is now settled enough that path quality matters more than raw qualification odds.
That is the right place for the model to end the regular season.
It is no longer pretending the field is flat. It is no longer carrying stale bubble uncertainty. And it is finally exporting enough round-level detail to explain why one team's 12% is very different from another team's 12%.
Buffalo starts the playoffs on top. Anaheim has the cleanest route in the West. Colorado is still right there. Utah has become a serious second-tier threat. Vegas is close enough to make the West unpleasant for everyone.
That is the postseason board on opening night.
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