Stanley Cup Odds & Favorites 2025: Oilers Favorites Ahead of Stars, Hurricanes, Panthers
Akin to the aftermath of a hurricane, calm has settled over the Stanley Cup odds leaderboard. There was no odds movement among the 10 favorites at FanDuel, with the Edmonton Oilers still leading, trading just ahead of the Dallas Stars, Carolina Hurricanes, and Florida Panthers.
The Winnipeg Jets suffered consecutive losses for the first time, crashing and burning in the Sunshine State. However, they recovered admirably after returning home, exacting some revenge on the Florida Panthers.
Stanley Cup odds 2024-25
Here are some noteworthy takeaways from the odds thus far:
- The Jets are still receiving longer Stanley Cup odds at our best NHL betting sites than their record indicates, making them an appealing futures play
- Connor McDavid, one of the Hart Trophy odds front-runners, scored 14 points in his last six games
- The New York Rangers (+1200) have only played six of 17 games against teams that made last season's playoffs, losing three
- The Hurricanes have won 12 of their last 14 games
- There was no movement in any team's Stanley Cup odds in the last week
Stanley Cup favorites 2024-25
Oilers (+800)
Another week has passed, and the Stanley Cup odds favorites put together more inconsistent performances. The Oilers have lost two of their last three games, but the results don't paint an accurate picture.
Edmonton was woeful in Montreal against the Canadiens. However, Kris Knoblauch's squad played well in Toronto, but a white-hot Maple Leafs team that's figured out how to play exquisitely at both ends of the rink without superstar Auston Matthews prevailed.
Speaking of superstars, McDavid and Leon Draisaitl have found their range, combining for 27 points in a six-game stretch. The Oilers can beat anyone with those two performing at such an elite level.
Too much late-game drama
There's been a lot of late-game drama recently that won't do anything to decrease Knoblauch's heart palpitations. The Oilers coughed up a third-period lead in four contests during a five-game stretch, but they won twice in overtime.
As slow as the ice receding in both poles, the Oilers are gradually finding consistency and have won six of their last 10 games.
Despite their up-and-down first quarter, I still like them as a futures play. Their odds shortened at Caesars from +1100 to +950, which is the best price you'll get.
Best odds: +950 via Caesars | Implied probability: 9.52%
Caesars is a 21+ product
My Stanley Cup team to watch
Jets (+2000)
The Panthers and Tampa Bay Lightning tore the fuselage off the Jets in Florida, outscoring Winnipeg 9-1. A stumble was bound to happen at some point though, and Winnipeg still won 15 of its first 16 games.
The Jets recovered nicely against the Panthers in Winnipeg, winning 6-3. And while the Hurricanes might have something to say about it, the Jets are still the league's best team.
Winnipeg scores the second-most goals per game (4.21) and concedes the fifth-fewest (2.42). The Jets boast the best power play (35.7%) and are 9-0-0 when notching the first tally.
Vezina Trophy odds front-runner Connor Hellebuyck is doing customary Hellebuyck things. He's posting the fifth-best save percentage (.923) and fourth-best goals-against average (2.20) for goalies who have logged 10-plus games.
FanDuel is still offering an outlier price of +2000 for Winnipeg. Grab those odds while you still can, even with the club's playoff struggles from previous years in mind.
Best odds: +2000 via FanDuel | Implied probability: 4.76%
2025 NHL Presidents' Trophy odds
A curse worse than being on the cover of the Madden video game? Yeah, that might just exist.
The NHL awards the Presidents' Trophy to the team with the best regular-season record, which rarely leads to winning the Stanley Cup.
The last time a team finished with the best regular-season record and hoisted Lord Stanley's Cup was over a decade ago in 2012-13, when the Chicago Blackhawks achieved the double.
But you can bet on which team will drive for show in the regular season and fail to putt for dough in the postseason.
Stanley Cup odds history
| Year | Team | Preseason odds |
|---|---|---|
| 2024 | Florida Panthers | +2000 |
| 2023 | Vegas Golden Knights | +1800 |
| 2022 | Colorado Avalanche | +600 |
| 2021 | Tampa Bay Lightning | +900 |
| 2020 | Tampa Bay Lightning | +675 |
| 2019 | St. Louis Blues | +3000 |
| 2018 | Washington Capitals | +1125 |
| 2017 | Pittsburgh Penguins | +1100 |
| 2016 | Pittsburgh Penguins | +1300 |
| 2015 | Chicago Blackhawks | +700 |
| 2014 | Los Angeles Kings | +1200 |
Stanley Cups won by division
Here's a look at the number of Stanley Cups won by division since the NHL adopted the four-division format for the 2013-14 season.
| Division | Stanley Cups won |
|---|---|
| Atlantic | 3 |
| Metropolitan | 3 |
| Central | 3 |
| Pacific | 2 |
NHL teams with the most Stanley Cups
| Team | Stanley Cup wins | Stanley Cup appearances |
|---|---|---|
| Canadiens | 24 | 35 |
| Maple Leafs | 13 | 21 |
| Red Wings | 11 | 24 |
| Bruins | 6 | 20 |
| Blackhawks | 6 | 13 |
| Oilers | 5 | 7 |
| Penguins | 5 | 6 |
| Islanders | 4 | 5 |
| Rangers | 4 | 11 |
| Avalanche | 3 | 3 |
| Devils | 3 | 5 |
| Lightning | 3 | 3 |
How to read Stanley Cup odds
Stanley Cup odds reflect the probability of each NHL team winning the championship and are typically presented in American odds format (+XXX). Lower odds signify a higher probability, while higher odds indicate a lower probability.
For example, a $100 bet at +500 odds would win you $500, plus your original $100 stake, totaling $600.
A team with +750 odds to win the Stanley Cup is given an 11.76% implied probability of doing so with a $100 winning bet returning a $750 profit, plus your $100 stake ($850 total).
A team with +1500 odds would have higher or longer odds, and a lower implied probability of 6.25%, but a win on a $100 bet would return a profit of $1,500 if it hits.
How to bet on Stanley Cup futures odds
There are many facets to take into consideration when making your Stanley Cup futures bet or bets, including the following:
Roster and personnel updates: Injuries, suspensions, and, to a lesser extent, hot and cold streaks of a team's most influential players all impact a team's Stanley Cup futures odds. Also, make sure the roster isn't too old or too young. Both can have severe implications in the playoffs.
Playoff experience: It's best to back a team with players suited for the NHL playoffs or a wealth of playoff experience. For example, Matthew Tkachuk is born to play in the postseason, usually elevating his level at the most meaningful time of year.
He has all the attributes required to thrive in the playoffs, including an ability to handle, even dominate, the physical rigors of a two-month postseason run.
The Vancouver Canucks were one of the 2023-24 Stanley Cup favorites midway through last season. However, they had a palpable lack of playoff experience, with only two players who'd previously won a Stanley Cup. Avoid backing teams like that as your futures pick.
Compare sportsbook prices: Find the sportsbook offering the best value on your Stanley Cup futures pick. Also, lock your pick in when you feel the odds are at their highest.
For example, if you believed in the Edmonton Oilers throughout the 2023-24 season, regardless of form, it would have been best to place the wager when the team fired former head coach Jay Woodcroft.
That was when they hit rock bottom, which would have yielded longer odds and a higher potential return.
Stanley Cup Final FAQs
Who is the Stanley Cup Final favorite?
The Edmonton Oilers are the 2024-25 Stanley Cup odds favorite, with +800 odds at FanDuel. Those odds represent an implied win probability of 11.11%, according to our odds converter.
Who won the Stanley Cup last year?
The Florida Panthers defeated the Edmonton Oilers in seven games, winning 2-1 in Game 7 on home ice to claim the Stanley Cup last year.
When do the NHL playoffs start?
The NHL playoffs began on Saturday, April 20, 2024. Expect them to start around the same time this season.
When does the Stanley Cup Final start?
The 2024 Stanley Cup Final began Saturday, June 8 and finished on June 24. Those are rough dates to expect the 2024-25 final to be played.
Has a team ever come back from 3-0 to win the Stanley Cup?
The 1942 Toronto Maple Leafs rallied from a 3-0 deficit to topple the Detroit Red Wings and win the Stanley Cup, becoming the only professional North American sports franchise to pull off that feat.
The Edmonton Oilers forced Game 7 in the 2023-24 Stanley Cup Final, but lost 2-1 on the road.
When does the 2024-25 NHL regular season start?
The regular season will officially begin on Oct. 4, 2024, when the Buffalo Sabres and New Jersey Devils play the first of two games in Prague.
Florida will begin its season against Boston on Oct. 8, 2024, the first night of regular-season hockey on North American soil.
When was the last back-to-back Stanley Cup winner?
The Tampa Bay Lightning won back-to-back Stanley Cups in 2020 and 2021. Previously, the Pittsburgh Penguins won it in 2016 and 2017, and the Detroit Red Wings in 1996 and 1997.
When was the last three-peat?
The New York Islanders were the last team to win the Stanley Cup in three successive seasons. They won four in a row from 1980 to 1983.
NHL betting odds pages
| Stanley Cup Odds | Hart Trophy Odds | Calder Trophy Odds |
| Norris Trophy Odds | Vezina Trophy Odds | Rocket Richard Odds |
| Jack Adams Award Odds | Conn Smythe Trophy Odds | NHL Draft Odds |
Here are our best NHL betting sites:
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