Current NHL Stanley Cup Odds: Favorites & Contenders

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Fact Checked by Peter Mooney
2023-2024 Stanley Cup Odds
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Hurricanes
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Panthers
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Rangers
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Oilers
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Avalanche
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The Vegas Golden Knights are the reigning Stanley Cup champions, and they're once again among the top teams in the standings as they try to repeat. What other teams are among the betting favorites to win the Stanley Cup next spring? We'll take you through the 2023-24 season, bringing you the latest on this season's race for the Stanley Cup. Be sure to check back here often throughout the season for the latest updates Stanley Cup betting odds.

 
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What are the current odds to win the Stanley Cup? According to DraftKings Sportsbook, here are the NHL teams that have the best odds to hoist the Stanley Cup Trophy.

TEAM CURRENT ODDS
πŸ† Carolina Hurricanes+650
πŸ† Florida Panthers+700
πŸ† Colorado Avalanche+700
πŸ† Edmonton Oilers+750
πŸ† New York Rangers+900
πŸ† Dallas Stars+900
πŸ† Boston Bruins+1000
πŸ† Vegas Golden Knights+1200
πŸ† Toronto Maple Leafs+1400
πŸ† Vancouver Canucks+1500
πŸ† Winnipeg Jets+2000

 

πŸ”₯ OTHER NHL ODDS PAGES:

Table of Contents

hockey stick

When does the NHL Postseason Begin?

The 2023-24 Stanley Cup postseason begins in late April following the final game of the 2023-24 regular season on April 18. Sixteen teams make it in the tournament β€” eight from each conference. The top three teams from each division make the postseaon, along with two wild cards from each conference.

Start Date:

The postseason begin April 22.

When are the Stanley Cup Finals?

The Stanley Cup Finals will take place in June. Times and dates will be determined once the first three rounds of the postseason are complete.

What is Futures Betting?

You are betting on the team you think will win the Stanley Cup ahead of time. Bets can be placed now or up until the final game of the Stanley Cup Finals. Stanley Cup betting usually has plus-odds so the payout will be larger than betting on games from day to day. You can also future place bets on conference winners, division winners and the President's Trophy winners. The President's Trophy goes to the team that finishes with the best record in the regular season.

Stanley Cup

Stanley Cup Futures: Current Favorites to Win the Cup Final

Last season, the Stanley Cup postseason featured a lot of upsets with lower-seeded teams knocking off higher-seeded teams early and often. In the end, the Vegas Golden Knights, the champions of the Pacific division, hoisted the Cup. The Golden Knights are among the favorites this season, but they have a lot of challengers looking to unseat them.

πŸ’ Carolina Hurricanes (+650)

Carolina has not appeared in the Stanley Cup Final since 2006, but they are right in the hunt after a slow start to the season. They've won the Metropolitan division the past two seasons. 

The Hurricanes have a deep and talented roster that is playoff-tested. They advanced to the Eastern Conference Final last season before losing to the Florida Panthers. This could be the season the Hurricanes make it back to the Stanley Cup Final for the first time in 18 years.

πŸ’ Florida Panthers (+700)

After a slow start, the Florida Panthers have had an impressive season so far in the 2023-24 NHL season. With a current record of 48 wins, 24 losses, and 5 overtime losses as of April 5, 2024, they are positioned second in the Atlantic Division. Led by Sam Reinhart and Matthew Tkachuk, the Panthers made it to the Stanley Cup Finals last year, losing to the Golden Knights in five games.

πŸ’ Colorado Avalanche (+700)

The Colorado Avalanche continue to be the model of consistency as they rack up wins. MacKinnon and Rantanen have led the charge. However, defensive inconsistencies require attention as they prepare for the playoffs.

Edmonton Oilers

πŸ’ Edmonton Oilers (+750)

Oilers have been on a roller coaster in 2024. They dominated January, going 16-0 for the second-longest win streak in NHL history. McDavid and Hyman led the offensive charge, pushing Edmonton into third place in the Pacific Division and igniting fan excitement. The team cooled off in February, but picked it up with a strong in March. While maintaining their form and overcoming injuries remain challenges, the Oilers enter the final stretch as serious contenders.

πŸ’ New York Rangers (+900)

The Rangers are showing no signs of slowing down as they continue to stand alone atop the Metropolitan Division standings. If they hang onto the top seed in the conference they’ll be a tough out in the playoffs. As of April 5, they hold a one-point advantage over the Bruins.

πŸ’ Dallas Stars (+900)

The Stars recently leapfrogged Colorado and Winnipeg for the lead in Central division. The Stars are one of the top-scoring teams in the league. Balanced up and down the lineup, the Stars come at opponents in waves. Jason Robertson paces the Stars in scoring. 

πŸ’ Boston Bruins (+1000)

After a rough patch, the Boston Bruins are riding high lately, and they recently reestablished themselves in first place in the Atlantic division ahead of the Florida Panthers. It should be noted, however, the Panthers still have shorter odds to win the Cup. Taking care of the Bruins in the first round of the playoffs last year by physically dominating them might have something to do with that.  

Strong goaltending has been a factor all season for the Bruins. Despite trade rumors, they elected to keep goaltender Linus Ullmark. Time will tell if that decision pays off. After last year's disappointment, only a championship will suffice.

Toronto Maple Leafs

πŸ’ Toronto Maple Leafs (+1400)

The Toronto Maple Leafs have navigated a rollercoaster season so far. The second half of the season has been kinder than the first half, and they sit in third place in the Atlantic Division as of April 5 and in good position to make the playoffs.

The Maple Leafs boast an aggressive offense led by Auston Matthews but face concerns over defensive consistency. They aim to translate regular-season dominance into playoff success, a hurdle they haven't cleared since 2017.

πŸ’ Vegas Golden Knights (+1200)

While last year's Stanley Cup champion is in strong position to make the playoffs, they probably won't win the Pacific Division. So now they just have to concentrate on gearing up for postseason play.

They had been the NHL’s best defensive team through the first two months of the season, but that dominance has faded. They had been among the top 10 in the league in goals-against average, but that is no longer the case. They’ll want to tighten up soon if they want to make another run in the playoffs.

πŸ’ Vancouver Canucks (+1500)

Boasting one of the best offenses in the NHL, the surprising Vancouver Canucks have been on fire this season.  They lead the Pacific Division and, with the season drawing to a close, they should hold off the Oilers to win the division. After a relatively slow start to the season, the Canucks are now considered serious contenders for the Stanley Cup.

πŸ’ Winnipeg Jets (+2000)

As of April 5, the Winnipeg Jets are in thir place in the Central Division, but have clinched a playoff spot. They have been one of the most surprising teams in the NHL this season, as they were not expected to be contenders after missing the playoffs last year. 

The Jets have been led by their goaltender, Connor Hellebuyck, who has been one of the best in the league this season. The Jets have also been getting solid contributions from their forwards, led by Nikolaj Ehlers. The Jets are a well-rounded team that is playing with a lot of confidence right now. 

 
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How the NHL Postseason Works

Sixteen teams make the postseason -- eight from each conference. The top three teams from each division qualify along with two wild-card teams from each conference. The lowest seeded wild card in each conference plays the division winner with the best record in the first round while the other wild card plays the other division winner. The second-and third-place teams in each division also play in the first round. The winners advance to the next round followed by the Conference Finals and then the Stanley Cup Final that pits the winner of the Eastern Conference against the winner of the Western Conference.

How to Place a Bet on an NHL game or Stanley Cup Futures

  1. Select a Ontario betting app or sports betting site That Features the NHL - All the big sportsbooks have apps that are easy to use, so it's up to you to decide which ones you want to patronize. All the big sportsbooks offer daily odds on NHL games, along with futures bets and many others, such as awards, props and others.
  2. Sign up & Make a Deposit - Signing up for an account with the major sportsbook apps is easy to do. All that is needed is some perfunctory personal and banking information. The process usually takes only a few minutes.
  3. Review NHL Betting Lines and Odds & Place Your Bet - Always check the NHL betting lines for that night's game schedule. Check in on the latest information on injuries to a team and their schedule in general. Follow team reporters for the latest information on social media and team websites. 
Odds for Upcoming NHL Games
April 24th | 7:00pm
Puck Line
Win
Over/Under
Bruins Bruins BOS
+1.5 -278DraftKings
-105Bet365
O 6.0 +100BetMGM
Maple Leafs Maple Leafs TOR
-1.5 +225DraftKings
-110BetMGM
U 6.0 -118DraftKings
April 24th | 9:30pm
Puck Line
Win
Over/Under
Golden Knights Golden Knights VGK
+1.5 -185BetMGM
+140BetMGM
O 6.0 -105BetMGM
Stars Stars DAL
-1.5 +160DraftKings
-156Bet365
U 6.0 -112DraftKings
April 24th | 10:00pm
Puck Line
Win
Over/Under
Kings Kings LA
+1.5 -155DraftKings
+160DraftKings
O 6.0 -115DraftKings
Oilers Oilers EDM
-1.5 +135BetMGM
-185Bet365
U 6.0 -105DraftKings
April 25th | 7:00pm
Puck Line
Win
Over/Under
Panthers Panthers FLA
+1.5 -250BetMGM
-105DraftKings
O 6.0 -112DraftKings
Lightning Lightning TB
-1.5 +215DraftKings
-115DraftKings
U 6.0 -105BetMGM
April 25th | 7:30pm
Puck Line
Win
Over/Under
Hurricanes Hurricanes CAR
-1.5 +164DraftKings
-160BetMGM
O 5.5 -102DraftKings
Islanders Islanders NYI
+1.5 -190BetMGM
+136DraftKings
U 5.5 -115BetMGM
April 26th | 7:00pm
Puck Line
Win
Over/Under
Rangers Rangers NYR
-1.5 +154DraftKings
-170DraftKings
O 5.5 -110DraftKings
Capitals Capitals WAS
+1.5 -175BetMGM
+145BetMGM
U 5.5 -110DraftKings
April 26th | 7:30pm
Puck Line
Win
Over/Under
Canucks Canucks VAN
+1.5 -250DraftKings
+100BetMGM
O 6.0 +110DraftKings
Predators Predators NSH
-1.5 +205DraftKings
-118DraftKings
U 6.0 -120BetMGM
April 26th | 10:00pm
Puck Line
Win
Over/Under
Jets Jets WPG
+1.5 -180DraftKings
+140DraftKings
O 6.5 -115DraftKings
Avalanche Avalanche COL
-1.5 +155BetMGM
-165BetMGM
U 6.5 -105DraftKings
April 26th | 10:30pm
Puck Line
Win
Over/Under
Oilers Oilers EDM
--
--
--
Kings Kings LA
--
--
--
April 27th | 2:00pm
Puck Line
Win
Over/Under
Hurricanes Hurricanes CAR
--
--
--
Islanders Islanders NYI
--
--
--
April 27th | 5:00pm
Puck Line
Win
Over/Under
Panthers Panthers FLA
--
--
--
Lightning Lightning TB
--
--
--
 
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How to Read Hockey Odds & Bet on the NHL

There are three ways to be on hockey games. You can bet the moneyline, over/under and puck line. The moneyline is the traditional bet, picking the winner of a game. The over/under is a bet on the goals total set by the oddsmaker. Most NHL games have an over/under set at 6, 6.5 or 7. Bettors pick the over or the under based on the number. The puck line bet in hockey is betting the spread. Most NHL games have the favored team set at -1.5. It's a tricky bet in hockey because final scores often are influenced by empty-net goals.

Stanley Cup Trends

  • There has not been a dominant conference this century. Since 2000, Western Conference teams have won the Cup 12 times and Eastern Conference teams have won 11 times.
  • Since 2000, the Tampa Bay Lightning, Pittsburgh Penguins and Chicago Blackhawks have each won three Cups. The Colorado Avalanche, Detroit Red Wings, New Jersey Devils and Los Angeles Kings have won two Cups and the Carolina Hurricanes, Anaheim Ducks, Boston Bruins, Washington Capitals, St. Louis Blues and Las Vegas Golden Knights have won one Cup apiece this century.
  • Over the past 12 seasons, four teams were first-time Cup winners. The Los Angeles Kings (2012), Washington Capitals (2018), St. Louis Blues (2019) and Vegas Golden Knights (2023) all won their first Cup.
  • The best team during the regular season rarely wins the Cup. The previous time the best team during the regular season won the Cup was 2012-13 when the Blackhawks did it.
  • Lower seeds pull upsets in the postseason. The Kings are the only No. 8 seed to win the Cup (in 2012), but plenty of other low seeds advance to the Cup Final. Just last season, the Florida Panthers advanced to the Cup Final after earning the final wild-card spot in the Eastern Conference. In 2017, the Nashville Predators advanced to the Cup final as the final wild card from the Western Conference.

Stanley Cup FAQ

The Carolina Hurricanes have the best odds to win the Stanley Cup at +650 according to DraftKings sportsbook.

The Vegas Golden Knights

There are four rounds, each best-of-seven games. What does that mean? To win a series, a team has to win four games. The Stanley Cup Finals start in early June. While it is only a best of 7 series, with the off days, the Finals can last as long as two full weeks.

The Montreal Canadiens are the team that has been crowned Stanley Cup champions the most. The franchise has won the Cup 24 times.

The Toronto Maple Leafs have gone 56 years without winning the Stanley Cup. They last won it in 1967.

The Stanley Cup is named after the former Canadian governor-general, Frederick Arthur Stanley. From 1884-86, he had the moniker of "Lord Stanley of Preston" in the Canadian-British colonies, and in 1892 he bequeathed a trophy to the country's best amateur hockey club. In 1909, it was awarded to professional teams in Canada and, in 1909 as part of the new National Hockey League, it was formally named the Stanley Cup.

All the major sportsbooks have well-run sites to bet on the Stanley Cup Futures.

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