With the NHL Trade Deadline in the books and Nazem Kadri added to an already loaded roster, the Colorado Avalanche remain the Stanley Cup odds betting favorite.
Close behind are the Tampa Bay Lightning, who remain the frontrunners in the Eastern Conference, while the Vegas Golden Knights remain in the Top 5 despite dealing with key injuries.
Here’s a look at the NHL odds to claim Lord Stanley’s hardware after Friday's deadline.
🏆Stanley Cup Final 2025-26 odds
| Team |  |
|---|---|
 Colorado Avalanche |
+280 |
 Tampa Bay Lightning |
+370 |
 Carolina Hurricanes |
+550 |
 Vegas Golden Knights |
+800 |
 Edmonton Oilers |
+1050 |
 Dallas Stars |
+1550 |
 Minnesota Wild |
+1700 |
 Montreal Canadiens |
+2400 |
 Buffalo Sabres |
+2400 |
 Utah Mammoth |
+2900 |
 Anaheim Ducks |
+5000 |
 Detroit Red Wings |
+5000 |
 Pittsburgh Penguins |
+5000 |
 Ottawa Senators |
+5000 |
 New York Islanders |
+5000 |
 Columbus Blue Jackets |
+6000 |
 Los Angeles Kings |
+6000 |
 Washington Capitals |
+6000 |
 Florida Panthers |
+10000 |
 Boston Bruins |
+15000 |
 San Jose Sharks |
+25000 |
 Winnipeg Jets |
+25000 |
 Nashville Predators |
+30000 |
 Philadelphia Flyers |
+30000 |
 New Jersey Devils |
+30000 |
 Toronto Maple Leafs |
+30000 |
 Seattle Kraken |
+30000 |
 New York Rangers |
+75000 |
 St. Louis Blues |
+100000 |
 Chicago Blackhawks |
+100000 |
 Calgary Flames |
+100000 |
 Vancouver Canucks |
+150000 |
Odds as of 3-6. Odds from BET99, one of our best betting sites. Sign up with our BET99 promo code, or get one of our other sportsbook promos.
Odds movement
The Anaheim Ducks have seen a slight bump in odds (+6000 to +5000) after landing star defenseman John Carlson from Washington, while the New York Islanders bolstered their forward depth by bringing in center Brayden Schenn.
Detroit also added D-man Justin Faulk at the buzzer as the Red Wings aim for their first Cup run in a decade, and the Seattle Kraken acquired winger Bobby McMann in a deal with Toronto.
Colorado and Tampa Bay have held the Top 2 spots on the board since the New Year. One of the biggest falls from grace has come from the defending champion Florida Panthers, who now sit at +10000 after opening at +750.
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Stanley Cup prediction
The Avalanche seem like the safest pick, but I can't get on board at +280.
Instead, I'm putting faith in the Minnesota Wild at +1700, who have been just as dominant since trading for Quinn Hughes.
| Bet | Odds | Bet date | Units |
|---|---|---|---|
| Minnesota Wild |
+1700 | March 6 | 1 |
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Opening Stanley Cup odds
- Edmonton Oilers: +650
- Florida Panthers: +750
- Colorado Avalanche: +800
- Dallas Stars: +850
- Carolina Hurricanes: +900
- Vegas Golden Knights: +1200
- Tampa Bay Lightning: +1500
- Toronto Maple Leafs: +1300
- New Jersey Devils: +1800
- Los Angeles Kings: +2000
- Toronto Maple Leafs: +2000
- Winnipeg Jets: +2200
- Washington Capitals: +2800
- Vegas Golden Knights: +1800
- New York Rangers: +3000
- Ottawa Senators: +3300
- Minnesota Wild: +3500
- St. Louis Blues: +4000
- Utah Mammoth: +4000
- Vancouver Canucks: +5000
- New York Islanders: +6600
- Columbus Blue Jackets: +8000
- Montreal Canadiens: +8000
- Calgary Flames: +9000
- Nashville Predators: +9000
- Boston Bruins: +10000
- Detroit Red Wings: +10000
- Philadelphia Flyers: +10000
- Anaheim Ducks: +15000
- Buffalo Sabres: +15000
- Pittsburgh Penguins: +20000
- Seattle Kraken: +30000
- Chicago Blackhawks: +50000
- San Jose Sharks: +50000
📈 Stanley Cup betting trends
Here are some trends you may want to consider before placing a bet on the Stanley Cup.
- Repeat winners are more common than you think. Since 2010, the Pittsburgh Penguins and Tampa Bay Lightning have successfully defended their Cup once. Florida now enters that elite group.
- Top teams from the beginning of the year typically go on to win the Cup. Since 2010, just five teams with odds above +1,000 have gone on to hoist Lord Stanley.
- In the last 10 seasons, the Eastern Conference has won seven Cups.
- The President’s Trophy winner has gone on to win the Stanley Cup just eight times in the 35 years that both trophies have been awarded.
- A team has won 2+ consecutive Stanley Cups 16 times, with the Panthers just completing the task.
- The runners-up have gone on to win the Stanley Cup in the following season only once since 1990 (Pittsburgh Penguins 2009).
Despite losing in the Eastern Conference Finals again, books think next year may be the year for the Carolina Hurricanes. Following suit are familiar faces in Florida and Edmonton.
👑 Past Stanley Cup winners
Here are the last 15 winners of the Stanley Cup, their odds of winning just before the playoffs began (courtesy of Sports Odds History), and the team that lost in the Stanley Cup Finals.
| Season | Stanley Cup Winners | Odds before playoffs | Runner Up |
|---|---|---|---|
| 2024-25 |  Florida Panthers |
+1000 | Edmonton Oilers |
| 2023-24 | Florida Panthers |
+800 | Edmonton Oilers |
| 2022-23 | Vegas Golden Knights |
+1,200 | Florida Panthers |
| 2021-22 | Colorado Avalanche |
+325 | Tampa Bay Lightning |
| 2020-21 | Tampa Bay Lightning |
+800 | Montreal Canadiens |
| 2019-20 | Tampa Bay Lightning |
+650 | Dallas Stars |
| 2018-19 | St. Louis Blues |
+1,250 | Boston Bruins |
| 2017-18 | Washington Capitals |
+1,225 | Vegas Golden Knights |
| 2016-17 |  Pittsburgh Penguins |
+770 | Nashville Predators |
| 2015-16 | Pittsburgh Penguins |
+650 | San Jose Sharks |
| 2014-15 | Chicago Blackhawks |
+800 | Tampa Bay Lightning |
| 2013-14 | Los Angeles Kings |
+1,400 | New York Rangers |
| 2012-13 | Chicago Blackhawks |
+400 | Boston Bruins |
| 2011-12 | Los Angeles Kings |
+2,200 | New Jersey Devils |
| 2010-11 | Boston Bruins |
+800 | Vancouver Canucks |
| 2009-10 | Chicago Blackhawks |
+450 | Philadelphia Flyers |
As the Lightning appear set to fade a bit, the Panthers have reached consecutive Cup Finals and are favored to do it again next year.
🥅 NHL teams with the most Stanley Cups
| Team | Stanley Cup wins | Stanley Cup appearances |
|---|---|---|
| Montreal Canadiens |
24 | 35 |
| Toronto Maple Leafs |
13 | 21 |
| Detroit Red Wings |
11 | 24 |
| Boston Bruins |
6 | 20 |
| Chicago Blackhawks |
6 | 13 |
| Edmonton Oilers |
5 | 8 |
| Pittsburgh Penguins |
5 | 6 |
| New York Islanders |
4 | 5 |
| New York Rangers |
4 | 11 |
| Colorado Avalanche |
3 | 3 |
| New Jersey Devils |
3 | 5 |
| Tampa Bay Lightning |
3 | 5 |
The Habs have a comfortable lead in the clubhouse but haven't hoisted Lord Stanley's Cup since 1993 — the last Canadian-based team to do so.
Stanley Cup Odds FAQs
The Colorado Avalanche are the current favorites to win the Stanley Cup in 2026.
The Chicago Blackhawks and San Jose Sharks are both +50000 to win the Stanley Cup in 2026.
The Florida Panthers won their second Stanley Cup in a row in 2025, beating the Edmonton Oilers in six games.
The 2025 Stanley Cup Final will begin sometime in June.
