Congrats to the Florida Panthers on winning the 2024 Stanley Cup. It's never too early to look ahead so while the Cats celebrate, we're looking forward to the 2024-25 Stanley Cup odds.

As it stands now, the Edmonton Oilers have the best chance of being champs in 2025 at +850. Florida isn't too far behind. Sportsbooks are giving the Panthers +900 odds to repeat as Cup champions.

2024-25 Stanley Cup Odds

Odds to Win The 2025 Stanley Cup
Edmonton Oilers+850
Florida Panthers+900
Dallas Stars+1100
New York Rangers+1200
New Jersey Devils+1200
Colorado Avalanche+1300
Carolina Hurricanes+1300
Vegas Golden Knights+1600
Toronto Maple Leafs+1600
Nashville Predators+1800
Boston Bruins+2000
Vancouver Canucks+2200

Odds as of July 2

Edmonton Oilers Are The Early Cup Favorites

After making it to the dance and pushing the Cats to Game 7 after trailing 3-0, the Oilers clearly have the resiliency to return to the Cup final again in 2025. Additionally, this will be Connor McDavid's second-last year on his current contract in the City of Champions. He came close to a Cup this year, you know he'll be hungrier than ever to win it in 2025.

The large core of the team is under contract next year and the Oilers have $10-million in cap space to shore up the bottom six, re-signing the likes of Dylan Holloway, Connor Brown, and Mattias Janmark. 

Goaltending will remain the biggest question mark for the Oilers but the glimpses of brilliance from Stuart Skinner facing eliminations this postseason helps put those worries to bed.

Nashville Predators Free Agency Steals Move them On Oddsboard (+1800)

Barry Trotz is making moves. Sitting at +3500 in the last week of June, Nashville's odds have jumped to +1800.

As soon as the free agency window opened on July 1, the Predators got thrilling contracts signed instantly. In a string of blockbuster trades, Steven Stamkos, Jonathan Marchessault and Brady Skjei are all heading to Smashville. 

After 16 seasons spent in Tampa Bay, Stamkos, a two-time Stanley Cup winner, will be throwing on new threads next year. At 34 years old, Stamkos still managed to mark a 40-goal season for the seventh time in his career. 

Then, there's Marchessault, who won the Conn Smythe just two seasons ago while leading Vegas to its first title in franchise history. The Quebec native marked a career-high 42 goals this year.

Moving on from the Canes, Skjei will likely be thrown in a d-pairing with Roman Josi. The 30-year-old is coming off a career-high 47 point campaign, complimenting his stats as a +15, too.

Nashville just added offensive weapons that come with experience to their lineup.

2024-25 Stanley Cup Champion Value Picks

Predicting a winner for a title over a year away is a guessing game, but the profit is worth a sprinkle.

Vancouver Canucks (+2200)

Things may have worked out differently for the Canucks without all those goalie injuries in the playoffs. Though, third-stringer Arturs Silovs took on the role of the hero, forcing a Game 7 against Edmonton and keeping all but one matchup within a one-goal distance. 

Their first postseason appearance since 2020, making it to the second round is good experience for the Canucks. The top six defense and offense from last regular season should carry over. Then, maybe a healthy Thatcher Demko helps make a decent playoff run.

Last 10 Stanley Cup Winners

Last 10 Stanley Cup Winners
YearCup ChampionsOpening Odds
2024Florida Panthers+2000
2023Vegas Golden Knights+1800
2022Colorado Avalanche+600
2021Tampa Bay Lightning+900
2020Tampa Bay Lightning+675
2019St. Louis Blues+3000
2018Washington Capitals+1125
2017Pittsburgh Penguins+1100
2016Pittsburgh Penguins+1300
2015Chicago Blackhawks+700

Aside from the Golden Knights winning the league in only their sixth season, there aren’t many shockers on this list – except for the St. Louis Blues in 2019.
The Blues sat at +3000 before the ’18-19 season began, netting early bettors $3,000 on a $100 bet, but it gets better! By the All-Star break that year, the Blues were at the bottom of the NHL standings – their odds of winning the Stanley Cup were +10000. That means a $100 bet would have returned a whopping $10,000 in profits. Wild.

The eventual Stanley Cup champions over the last 10 years have had average opening odds of +1320. So don't always bet on the chalk.

NHL Teams With The Most Stanley Cups

Most Stanley Cup Championships
TeamStanley CupsLast Cup Win
Montreal Canadiens241993
Toronto Maple Leafs131967
Detroit Red Wings112008
Boston Bruins62011
Chicago Blackhawks62015
Edmonton Oilers51990
Pittsburgh Penguins52017
New York Islanders41983
New York Rangers41994
New Jersey Devils32003

Toronto sure has a lot of Cups, but they haven't won or even been to a Stanley Cup Final since that last championship back in 1967. Breaking their drought of first-round exits in the 2023 playoffs, let’s pray for Leafs fans that their squad can battle back to the finals soon.

However, with modern parity in the NHL, it's going to take a long time for any franchise to pass the Montreal Canadiens' 24 Stanley Cup banners, which they racked up over multiple decades in the mid-1900s.

NHL Teams That Have Never Won A Stanley Cup

There are now only 10 teams who haven't won a Cup with Florida's championship in 2024. But that's still under a third of the league, who have yet to put their hands on the Stanley Cup.

Of the 19 teams that have gone to at least three Cup Finals, only one hasn't won a Cup. That's the Vancouver Canucks, sadly.

Now, technically the Ottawa Senators did win a few Stanley Cups, but the last championship took place before the invention of penicillin, not to mention the Senators didn't exist between 1934 (when they moved to St. Louis) and 1992. So, I'm not going to count those. Sorry Sens fans!

Stanley Cup Betting Odds and Trends

As hockey bettors, we're always hunting for an edge or trends that make our wagers a little easier on the mind -- when it comes to the Stanley Cup, there are a few notable patterns we can pick up on. The trophy is still anyone's game, but here are a few common trends over the last few years that could help you narrow down a pick:

  • When it comes to picking a favored conference, it’s pretty split – out of the last 10 winners, 60% have been Eastern teams and the West claims 40%.
  • The Cup is a repeat-friendly trophy. The Penguins and Lightning have both gone back-to-back in the last 10, and 16 teams total have had repeat victories since 1918.
  • You’d think regular season domination would indicate a Stanley Cup favorite, but the President’s Trophy has only gone to the eventual winner of the finals eight times in its 35-year lifespan. Take a look at the 2023 Bruins – the best record in NHL history with a first-round exit. Yikes.

How To Bet On Stanley Cup Odds

To bet on Stanley Cup odds, you’d make a futures bet on your sportsbook's NHL section of the website. You'll likely see a tab for futures options and the NHL finals should be a front-and-center option. Don't be afraid to review our NHL betting guide for a few friendly tips and tricks if you're debating a wager on the Stanley Cup!

Odds are available before the puck drops in the regular season -- certain teams will always be contenders, especially if they won the Cup the previous year. When sportsbooks set the lines, they look at offseason roster moves, coaching changes and past performance specifically the previous season.

Where To Bet On The Stanley Cup Futures

You can find updated Stanley Cup odds at most sportsbooks – the lines may differ slightly depending on which book you're going to use, so be sure you're getting the best value for your money. If you're looking for recommendations on how to choose the best book for you, head over to our NHL sites review page!

How To Read Stanley Cup Odds 2024

Let’s say you want to make afutures bet today. The Stanley Cup odds might look something like this:

  • Colorado Avalanche +300
  • Toronto Maple Leafs +550
  • Vegas Golden Knights +800
  • Carolina Hurricanes +900
  • Edmonton Oilers +1100

If you feel strongly about the Leafs and believe they’re going to end their Stanley Cup, you could wager $100 on them at +550 odds. If they triumph, you’d get a payout of $650 – your original $100 is returned along with winnings of $550. Our odds calculator will show you how much you’d win based on the odds and amount bet.

The Stanley Cup odds constantly change throughout the season – relevant news like trades, player injuries, and hot/cold streaks are a few examples of what can move a team’s line. If you see Stanley Cup odds you like, it’s best to bet on them ASAP – the Leafs may be +550 to win the Stanley Cup in October, but after a surge in December, their odds could lower to +300. Bet smart and bet early.

What Are Stanley Cup Futures

A futures bet is betting on the outcome of an event before it takes place – when it comes to the Stanley Cup, that means betting on who will hoist the league's top trophy well before it's awarded.

It’s an incredibly simple selection of paper, but the wealth of options at your disposal can make it a bit tricky. Don’t worry if you’re risk-averse though. You can bet on Stanley Cup futures before the season starts up to the end of playoffs. If you’d prefer to wait to see who makes the postseason, you’ll face a lower payout but see better chances of success.

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