NHL Stanley Cup Odds: Current Favourites to Win
The 2024-25 NHL season is well under way and there are several strong contenders gunning to claim the Stanley Cup. Below we’ve provided the latest Stanley Cup odds as well as some of the top betting trends to look for based on past winners. Place your next NHL wager on the odds to win Stanley Cup 2025 and feel like a champion when your bet cashes.
2025 Stanley Cup Odds Today
Our Stanley Cup betting odds are updated daily so be sure to check back often to see who is being eyed as the top contender to win the Stanley Cup:
Top Stanley Cup Betting Sites
Who is Favoured to Win the Stanley Cup in 2025?
With 32 teams vying for the top prize in the hockey world, we’ve broken down the top contenders in this year’s postseason race. Below is some extra betting insight into each team’s strengths, weaknesses, and overall value in betting their 2025 Stanley Cup odds.
Edmonton Oilers (Current Odds: +800)
Coming off of a nail-biting loss in the Stanley Cup Final against the Florida Panthers in 2024, the Edmonton Oilers are back with a vengeance and currently hold the best 2025 Stanley Cup odds of any Western Conference team.
Having gone deep into the postseason in three-straight years, the Oilers know what it takes to push through the adversity and physical toll of the NHL Playoffs. Sporting the leagues most dangerous duo in Hart Trophy winners Connor McDavid & Leon Draisaitl, the Oilers aren’t short of talent.
Carolina Hurricanes (Current Odds: +1200)
The current leaders in the NHL Stanley Cup odds, the Carolina Hurricanes are primed to hoist the Cup for the first time since 2006. While the Hurricanes have been one of the best teams in the NHL for several years, they’ve struggled to breakthrough into the Stanley Cup final, having come up short in the Eastern Conference semi-final in three of the last four years.
This season however promises to be different as the Canes have looked like an all-around solid squad built for a deep run in the 2025 NHL Playoffs. Led by stars Sebastian Aho, Seth Jarvis, and the newly acquired Mikko Rantannen, the upside of the Hurricanes betting NHL futures odds is high.
Dallas Stars (Current Odds: +600)
Hoping to make a deep push into the NHL Playoffs the Dallas Stars are hoping to shine bright this postseason as they look to finally recapture the Stanley Cup. Having been to the Stanley Cup Final twice since winning it all in 1999, the Stars have failed to recapture their place atop the hockey world.
With a deep roster chock-full of talent, the Stars have standout players at each position group such as winger Jason Robertson, defenceman Miro Heiskanen, and goaltender Jake Oettinger.
Past Stanley Cup Betting Trends
While stats and standings can always be a great indicator as to which teams have a legitimate chance at competing for the Stanley Cup, past Stanley Cup betting odds & trends can also do a great job in helping you find reliable betting options for this season.
Below we’ve featured a few of the best trends to keep in mind before placing a bet on the latest NHL Stanley Cup odds and use this to determine who is most likely to win the Stanley Cup Final.
- Since 2020, no team has won the Stanley Cup with odds higher of +1400 at the All-Star break. With this trend in mind, only the Carolina Hurricanes, Edmonton Oilers, Dallas Stars, Florida Panthers, Toronto Maple Leafs, New Jersey Devils, Washington Capitals, Winnipeg Jets, Vegas Golden Knights, and Colorado Avalanche have a chance to win the 2025 Stanley Cup.
- Over the past 10 seasons, the favourite to win the Stanley Cup at the beginning of the season has only gone on to win it twice ( ’15 Chicago Blackhawks & ’22 Colorado Avalanche). With this unfortunate trend, this would make this year’s opening NHL betting favourites, the Edmonton Oilers, a pick to fade.
- Even worse, oddsmakers appear to be even less trustworthy come the conclusion of the regular season as the favourites to win the Stanley Cup prior to Round One have only gone on to hoist it once over the past decade (’22 Colorado Avalanche).
- While the oddsmakers may have trouble picking the winners out of deep fields, once the Stanley Cup Final arrives, they’ve been on fire. Once the Stanley Cup Final matchup is set, the favourite has won the series in five-consecutive years, eight of the last 10, with the last underdog to win it being the St. Louis Blues in 2019.
How to Bet on Stanley Cup Odds 2025
Here’s how to bet on Stanley Cup Odds in 5 simple steps:
1. Compare Stanley Cup betting sites: We’ve compiled in-depth sportsbook reviews on all the top NHL betting sites in Canada. Be sure to check out our sportsbook reviews, find the oddsmaker that’s right for you.
2. Sign up and create an account: Use our direct links to your chosen oddsmaker and begin the sign up process to create your account. You will need to provide personal details such as your name, address, email and more in order to verify your identity and open your sportsbook account.
3. Deposit funds: Make your first deposit in order to place a bet. The top NHL betting sites all offer reliable deposit methods that will have funds quickly and safely added to your profile without hassle.
4. Place your bet: It’s time to fire off a bet on the Stanley Cup odds. Be sure to do your research before placing your bet to ensure you’re making a good decision in where you’re placing your money.
5. Track your wager: After your bet is placed, all that’s left to do is watch the action unfold and cheer on the team you backed to hoist the Stanley Cup.
How to Read Stanley Cup Odds
American odds are the most popular odds format among bettors. These odds present favourites with a minus symbol (-) and underdogs with a plus symbol (+). The minus sign indicates how much money needs to be staked in order to profit $100. For example, if the Carolina Hurricanes have -120 odds to win the Stanley Cup, then you’d need to wager $120 in order to profit $100.
Inversely, the plus sign shown for underdogs displays how much is profited by placing a $100 wager. For example, if the Tampa Bay Lightning have +500 odds to win the Stanley Cup, then a $100 wager would net you a $500 profit.
Before placing a bet on the Stanley Cup odds, be sure to compare them between multiple sportsbooks as some may offer greater value than others.
Types of Stanley Cup Betting
Let’s take a look at some of the most common ways to bet on games during the Staley Cup Final.
Moneyline: A straight bet on who will win the game outright.
Puck Line: Similar to a point spread, a puck line adds value to a favourite while adding insurance on an underdog. For example, if the New Jersey Devils are -1.5 favourites over the Edmonton Oilers, than the Devils would need to win by two goals or more in order to cover, while the Oilers would need to either win outright or lose by one goal to cover the puck line.
Over/Under: The over/under or goal total markets allow you to focus on the amount of total goals scored. For example, if the New Jersey Devils are playing the Toronto Maple Leafs the over/under may be set at 6.5 goals. This leaves you with the option to either bet the over (seven or more goals) or the under (six or less goals).
Props: Prop bets encapsulate everything in-between all the action. Coming in both game & player props, these bets pertain to specific events. Popular prop bets include which team will score first, anytime goal-scorers, and player shots on goal totals.
NHL Stanley Cup Betting Odds: Facts & Stats
Want to learn a bit more on the recent history of the Stanley Cup? Then be sure to check out some of the historical facts below to learn more about the most prestigious prize in the hockey world.
Past Stanley Cup Winners
Over the past 10 years, we’ve seen plenty of sensational Stanley Cup Final matchups that have kept us on the edge of our seats from start-to-finish. With the Eastern Conference having won six of the last 10, and the series having gone to six or more games in seven of the last 10, the Stanley Cup Final is always a hard-fought, competitive battle.
| Year | Winning Team | Losing Team | Series Result |
|---|---|---|---|
| 2024 | Florida Panthers | Edmonton Oilers | 4 – 3 |
| 2023 | Vegas Golden Knights | Florida Panthers | 4 – 1 |
| 2022 | Colorado Avalanche | Tampa Bay Lightning | 4 – 2 |
| 2021 | Tampa Bay Lightning | Montreal Canadiens | 4 – 1 |
| 2020 | Tampa Bay Lightning | Dallas Stars | 4 – 2 |
| 2019 | St. Louis Blues | Boston Bruins | 4 – 3 |
| 2018 | Washington Capitals | Vegas Golden Knights | 4 – 1 |
| 2017 | Pittsburgh Penguins | Nashville Predators | 4 – 2 |
| 2016 | Pittsburgh Penguins | San Jose Sharks | 4 – 2 |
| 2015 | Chicago Blackhawks | Tampa Bay Lightning | 4 – 2 |
NHL Teams with the Most Stanley Cups
With its roots dating back over a century ago, there have been several squads to hoist the Stanley Cup. Below you can see how many times the Stanley Cup has been won by each team in the NHL to see who has claimed to the most in NHL history.
| Team | Stanley Cup Wins |
| Montreal Canadiens | 24 |
| Toronto Maple Leafs | 13 |
| Detroit Red Wings | 11 |
| Boston Bruins & Chicago Blackhawks | 6 |
| Edmonton Oilers & Pittsburgh Penguins | 5 |
| New York Rangers & New York Islanders | 4 |
| New Jersey Devils, Tampa Bay Lightning, & Colorado Avalanche | 3 |
| Philadelphia Flyers & Los Angeles Kings | 2 |
| Anaheim Ducks, Calgary Flames, Carolina Hurricanes, Dallas Stars, Florida Panthers, St. Louis Blues, Vegas Golden Knights, & Washington Capitals | 1 |
| Minnesota Wild, Nashville Predators, Winnipeg Jets, Vancouver Canucks, Columbus Blue Jackets, San Jose Sharks, Buffalo Sabres, Ottawa Senators, Utah Hockey Club, & Seattle Kraken | 0 |
Wrapping Up: Stanley Cup Odds 2025
There’s never a bad time to place a bet on the latest Stanley Cup odds, but don’t wait too long as the odds are always juicer earlier in the season. Be sure to check out the latest Stanley Cup odds in our table above, as well as follow our helpful betting trends to lead you in the right direction in order to win your next bet. Lastly, make sure you’re placing your bets with a trustworthy oddsmaker, check out our NHL betting site reviews in order to find a sportsbook that’s reliable and right for your betting needs this NHL season.
NHL Stanley Cup Odds FAQ
The Edmonton Oilers are favoured to win the Stanley Cup in 2025. Currently holding the best odds of any NHL team, the Hurricanes are favoured to claim their first Stanley Cup since 2006.
The Washington Capitals odds of winning the Stanley Cup in 2025 are listed at +950. Sitting atop the Metropolitan Division, the Capitals are a top NHL team this season.
Currently the odds on the Stanley Cup playoffs have the Edmonton Oilers as the favourites to win. Following closely behind them are the Carolina Hurricanes, Florida Panthers, and Winnipeg Jets.
16 teams make the playoffs in the NHL, with the top 3 teams from each of the four divisions receiving bids, as well as the top two remaining clubs that finished outside the top three of their division.
The Montreal Canadiens have won the most Stanley Cups with 24. While they haven’t won a Stanley Cup since 1993, the Canadiens were a dominant force for decades in the NHL, winning 10-straight from 1951-1960, as well as four-consecutive from 1976-1979.
The Toronto Maple Leafs odds to win the Stanley Cup are +1200. These are the seventh-best odds across the entire NHL making them a legitimate Stanley Cup contender in the eyes of oddsmakers.