While the Kings receive a ticker tape parade in downtown Los Angles, NHL bettors are already prepping for next season. June's going to be hectic as the NHL draft approaches on the 22nd and 23rd, springboarding us into free agency on the first of July.

With that in mind, Bovada has already released their 2012-13 Stanley Cup futures, and I’ve been doing some perusing. Here is my look at all of the teams on the menu and the picks that I’d make from the favorites, the mid-tier and the longshots. 

The Favorites: Expensive, But Worth A Shot 

Sidney CrosbyIt’s hard not to like the Pittsburgh Penguins in any shape or form…save for the price tag. With a full year from Sidney Crosby and Evgeni Malkin together, it’s going to be tough to stop what many considered to be the best team in the NHL this season. Unfortunately, at 7/1, the risk is not worth the reward since they desperately need some help on the blue line, and parity is at an all-time high in the league

If you notice, the Pens are the only team on the futures chart with smaller odds than 10/1, which is a bit surprising. 

Next up are the Los Angeles Kings, who did the deed this season but are only 11/1 to repeat. It’s a fair price for a team that will likely return intact with more confidence next year. As we’ve seen with Boston and Chicago in the last couple of seasons, though, repeating is quite the arduous task. At this point, I like my odds on their not winning rather than them doing it again. 

Then we get into a big mix of teams that could and are offering decent payouts. There’s the Chicago Blackhawks, who are probably a good goaltender away from being a serious player. Maybe he’s already on the roster (Corey Crawford) but what’s closer to the truth is that they’ll need someone else and they may not be able to make that maneuver to get it done. 

The Detroit Red Wings are perennial contenders but they showed this year that they’re the old guard. With Nicklas Lidstrom retiring, it’s not exactly a vote of confidence for a team that faded in the second half of the 2012 season and flamed out in the first round of the playoffs. 

There’s the New York Rangers, who are a few bricks short of a load on offense, the St. Louis Blues, who impressed this season but are still a question mark, the Vancouver Canucks, who probably need to trade away Roberto Luongo for a good asset to have a realistic shot, the Boston Bruins, who won’t have Tim Thomas next season after his surprise one-year hiatus, and the Nashville Predators, who probably peaked this season. 

Of this group, I like the Canucks at 12/1 if they can move Luongo and get a power forward to bolster their top two units. I also like the Rangers if they can sign a player like Zach Parise and boost their offense. Other than that, most of these teams are interchangeable to me. 

Pick: Canucks 12/1 & Rangers 12/1 

The Mid-Tier: shopping For bargains 

In the mid-tier, we’re looking at teams like the San Jose Sharks, Anaheim Ducks, Buffalo Sabres, Tampa Bay Lightning, Washington Capitals, New Jersey Devils, Florida Panthers, Toronto Maple Leafs, Colorado Avalanche, Phoenix Coyotes, Dallas Stars and Ottawa Senators. 

Teams I don’t like in this group are the following:

San Jose Sharks: expired.

Washington Capitals: no thank you.

New Jersey Devils: won’t be able to produce a repeat performance and surpass it.

Florida Panthers: just not good enough.

Toronto Maple Leafs: can’t win without a top-notch goaltender.

Ottawa Senators: overachieved in 2012.

Colorado Avalanche: second half slide in 2012 concerns me.

Phoenix Coyotes: overachieved in 2012.

Dallas Stars: sum of the parts is strong but not strong enough. 

That leaves the three teams that I do like: Anaheim, Buffalo and Tampa Bay. 

Buffalo and Anaheim played excellent hockey down the stretch of the 2012 season but fell just short of the playoffs. For both teams, awful starts caught up with them and both teams missed the playoffs. Overall, though, the two teams have excellent goaltending and well-rounded teams. It wouldn’t surprise me if either made a serious run at the Cup in 2013. After all, this is a league filled with parity. 

Meanwhile, the Lightning could be dangerous if they find a goaltender. Tampa Bay with, say, Roberto Luongo, is not a team anyone in the East would want to face come playoff time. Too bad they let go of Mike Smith last offseason. 

Pick: Sabres 25/1, Ducks 25/1 & Lightning 25/1 

The Longsots: You Can’t Pay Me Enough To Bet You 

Going from the bottom up, the New York Islanders, Minnesota Wild, Columbus Blue Jackets, Carolina Hurricanes, Calgary Flames and Winnipeg Jets won’t see any of my money. Not even if Wayne Gretzky came back and joined any of these squads while recruiting Mario Lemieux and Sidney Crosby. I can’t see any of these squads being one offseason away from competing for a Stanley Cup. 

You’ll notice I omitted the Edmonton Oilers and Montreal Canadiens from that list. The Oilers are still a crazy long shot, but you never know when all of their youngsters will start to click. We saw a brief glimpse of that at the start of the 2011-12 campaign, and they’re going to add even more talent through the draft and offseason now. Even so, they’re best case scenario is a St. Louis Blues-like growth spurt. I wouldn’t be on them to win the Cup but I wouldn’t be surprised if they fought for a playoff spot. 

The team with the best value here is easily the Canadiens. At 60/1, I would actually recommend a small sprinkle. The reality here is that Montreal took the 2011 Stanley Cup champs to a seventh-game in Round 1 and then just mailed in their effort in 2012. They quit on their coach very early and finished with the worst record in the Eastern Conference. But don’t overlook them; they still have plenty of components that a Stanley Cup contender might have. 

Goaltender Carey Price is a stud, the blue line has some good anchors with P.K. Subban, Andrei Markov and Tomas Kaberle, and the offensive lines are decent too. Max Pacioretty, Tomas Plekanec, Erik Cole, Brian Gionta and David Desharnais are decent. They clearly need more – and they’ll get more with a high draft pick – but with a new coach and plenty of cap space, this team can add some quality players. 

Montreal reminds me a lot of the Los Angeles Kings: they are decent defensively and have a Vezina Trophy-type goaltender, but they vastly underachieved and hardly put an effort into the 2011-12 season. If they found a coach that can push the right buttons, this team can wake up and be a factor in the Eastern Conference playoff race once again. 

Pick: Canadiens 60/1 

Odds courtesy Bovada:

Pittsburgh Penguins     7/1

Los Angeles Kings       11/1                 

Chicago Blackhawks  12/1                 

Detroit Red Wings       12/1                 

New York Rangers      12/1                 

St. Louis Blues             12/1                 

Vancouver Canucks     12/1                 

Boston Bruins              14/1                 

Philadelphia Flyers       14/1                 

Nashville Predators      18/1                 

San Jose Sharks            22/1                 

Anaheim Ducks           25/1                 

Buffalo Sabres             25/1                 

Tampa Bay Lightning 25/1                 

Washington Capitals    25/1                 

New Jersey Devils       30/1                 

Florida Panthers           35/1                 

Toronto Maple Leafs  35/1                 

Colorado Avalanche    40/1                 

Dallas Stars                 40/1                  

Ottawa Senators          40/1                 

Phoenix Coyotes          40/1                 

Winnipeg Jets             40/1                  

Calgary Flames            50/1                 

Carolina Hurricanes     50/1               

Edmonton Oilers          60/1                 

Montreal Canadiens     60/1                 

Columbus Blue Jackets            75/1                 

Minnesota Wild           75/1                 

New York Islanders     75/1