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We analyze the 2024-25 Vezina Trophy odds.
Pictured: Winnipeg Jets goalie Connor Hellebuyck during the third period at Canada Life Centre. Photo by Terrence Lee via Imagn Images

Is it too early to anoint Connor Hellebuyck the 2025 Vezina Trophy Award winner?

Our best sportsbooks certainly don't think so, with the reigning champion the runaway Vezina Trophy odds favorite. Hellebuyck is so far ahead of Logan Thompson, receiving the second-shortest Vezina Trophy odds, that he's in a different timezone. 

Here are the lopsided Vezina Trophy odds: 

Vezina Trophy odds 2025

Vezina odds via our best sports betting sites.

Here's the latest Vezina Trophy odds news: 

  • Hellebuyck leads most statistical categories, including goals saved above expected and wins
  • Logan Thompson is the only other goaltender with an implied probability over 3%
  • While Mackenzie Blackwood is receiving the third-shortest odds, his implied win probability is under 2%
  • Filip Gustavsson has fallen off the pace after a strong start

Vezina Trophy favorites 2025

Connor Hellebuyck Vezina Trophy odds (-4000)

We analyze the 2024-25 Vezina Trophy odds. 
Winnipeg Jets goaltender Connor Hellebuyck warms up before a game against the Anaheim Ducks. Photo by James Carey Lauder via Imagn Images

Arguably the best regular-season goaltender of a generation, Hellebuyck has looked every bit as elite as he did last season while winning his second Vezina, if not more so. And he has the Jets among the Stanley Cup odds favorites. 

He leads various statistical categories, including save percentage, goals-against average (GAA), shutouts, wins, goals saved above expected, and more.  

The 31-year-old is among the Hart Trophy odds front-runners, and he's been my player to watch in that race since the start of the season. You might want to turn to that market if you're steadfast on backing Hellebuyck. 

At this point, there is no point backing him or anyone else. A winning $10 bet will profit a measly $0.25.   

Best odds: -4000 via DraftKings | Implied probability: 97.56%

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My Vezina Trophy goalie to watch

Logan Thompson Vezina Trophy odds (+2500)

We analyze the 2024-25 Vezina Trophy odds. 
Pictured: Washington Capitals goaltender Logan Thompson makes a save against the Calgary Flames. Photo by Sergei Belski via Imagn Images

Thompson is the only goaltender with a puncher's chance at this point. And it's a puncher's chance of hitting someone in the pitch black in a room the size of an NHL rink. While Thompson has been superb throughout the season, Hellebuyck is a class above. 

However, Thompson has clawed his way back into the goals saved above expected rankings and is now just one behind the imperious Jets' ace. He's also among the leaders in various other statistical categories, including save percentage and GAA. 

Considering his year thus far, you never know. But he's still a long, long shot. A winning $10 bet would profit $250. 

Best odds: +2500 via DraftKings | Implied probability: 3.85%

How to read Vezina Trophy futures odds

Reading Vezina Trophy odds is straightforward. Odds are usually presented in a format like +500 or -200. Positive odds (e.g., +500) show how much profit you’d make on a $100 bet.

For example, a $100 bet at +500 odds would win you $500, plus your original $100 stake, totaling $600. Negative odds (e.g., -200) indicate how much you need to bet to win $100. So, a $200 bet at -200 odds would win you $100, plus your $200 stake, totaling $300.

These odds also reflect the probability of a team winning the championship. Lower odds (e.g., +300) suggest a higher likelihood, while higher odds (e.g., +2000) indicate a lower probability.

Sportsbooks adjust these odds based on performance, injuries, trades, and betting patterns.

Vezina Trophy opening odds

  • Ilya Sorokin: +500
  • Igor Shesterkin: +600
  • Juuse Saros: +600
  • Connor Hellebuyck: +650
  • Andrei Vasilevskiy: +800
  • Jake Oettinger: +1200
  • Linus Ullmark: +1800
  • Filip Gustavsson: +2000
  • Thatcher Demko: +2500
  • Jeremy Swayman: +3000

Vezina Trophy past winners

Connor Hellebuyck has won two of the previous five Vezina Trophies, including last season's. Linus Ullmark looks to impress with his new team in Ottawa, while Igor Shesterkin is focused on enjoying a bounce-back regular season. 

SeasonGoalieTeamPreseason odds
2023-24Connor HellebuyckWinnipeg Jets+650
2022-23Linus UllmarkBoston Bruins+8000
2021-22Igor ShesterkinNew York Rangers+2000
2020-21Marc-Andre FleuryVegas Golden Knights+4000
2019-20Connor HellebuyckWinnipeg Jets+2000
2018-19Andrei VasilevskiyTampa Bay Lightning+550
2017-18Pekka RinneNashville Predators+1500
2016-17Sergei BobrovskyColumbus Blue JacketsN/A
2015-16Braden HoltbyWashington Capitals+1300
2014-15Carey PriceMontreal Canadiens+650
2013-14Tuukka RaskBoston Bruins+700

Vezina Trophy FAQs

Who is the Vezina Trophy favorite?

The Winnipeg Jets' Connor Hellebuyck (-4000) is the Vezina Trophy odds favorite. Those odds come with an implied probability of 97.56% via our odds calculator

Who won the Vezina Trophy last year?

Connor Hellebuyck won the 2024 Vezina Trophy, the second time he's won the award. 

When will the Vezina Trophy be decided?

The 2024 Vezina winner was announced at the NHL Awards ceremony on June 27, 2024. The 2025 winner will be announce after the 2024-25 Stanley Cup Final, following a similar timeline to the 2024 announcement. 

Who has won the most Vezina Trophy awards? 

Jacques Plante has won the most Vezina Trophies (7), six of which with the Montreal Canadiens. 

Which active goaltender has won the most Vezina Trophy awards? 

Connor Hellebuyck and Sergei Bobrovsky have the most Vezinas (2) of active netminders. 

Who was the last back-to-back Vezina Trophy winner? 

Martin Brodeur was the last back-to-back Vezina winner, securing the award in 2007 and 2008. 

Which goaltender won the most consecutive Vezina Trophies? 

Plante won the most consecutive Vezina Trophies, winning five in a row with the Canadiens from 1956 to 1960. 

Who was the youngest goaltender to win the Vezina?

Tom Barrasso, the youngest Vezina winner, won the award with the Buffalo Sabres in 1983-84 when he was 18 years old.

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