Stanley Cup Odds 2027: Panthers Now Sole Favorites At +640

Kyle LaRusic - Betting Analyst at Covers.com
Kyle LaRusic • Betting Analyst 5+ years betting experience
Updated: Jul 30, 2026 , 11:37 AM ET • 4 min read

Once tied with the Hurricanes for the top spot, books have adjusted to put the Florida Panthers above all in the latest Cup odds.

Stanley Cup odds Florida Panthers
Photo By - Reuters Connect. Florida Panthers in NHL action.

The Florida Panthers sit atop the Stanley Cup odds board, with key offseason moves pushing the Cats right back into contention.

Meanwhile, the young-and-exciting San Jose Sharks have seen their odds fall from 50-1 to 35-1 following a very successful draft before making Macklin Celebrini the highest-paid player in the league.

With the dog days of summer in full swing, here are the latest NHL odds to win next year's Stanley Cup.

🏆 2026-27 Stanley Cup odds

Team Bet99
Panthers Panthers +640
Canes Hurricanes +700
Avalanche Avalanche +750
Oilers Oilers +900
Knights Golden Knights +1000
Lightning Lightning +1200
Wild Wild +1300
Capitals Capitals +1500
Stars Stars +1600
Canadiens Canadiens +2250
Ducks Ducks +2900
Sabres Sabres +3000
Mammoth Mammoth +3000
Kings Kings +3000
Devils Devils +3000
Senators Senators +3500
Maple Leafs Maple Leafs +3500
Sharks Sharks +3500
Flyers Flyers +5000
Blue Jackets Blue Jackets +6000
Rangers Rangers +8000
Bruins Bruins +10000
Penguins Penguins +10000
Islanders Islanders +15000
Red Wings Red Wings +15000
 Predators Predators +20000
Jets Jets +20000
Blues Blues +25000
Blackhawks Blackhawks +25000
Kraken Kraken +50000
Flames Flames +100000
Canucks Canucks +100000

Odds as of 7-30, courtesy of BET99, one of our best betting sites. Sign up with our BET99 promo code, or get one of our other sportsbook promos.

Latest Stanley Cup odds movement

The Carolina Hurricanes opened as favorites to go back-to-back, but the Florida Panthers' massive offseason moves have positioned them at the top of the board at +640

As we head into August, the Canes (+700) and Colorado Avalanche (+750) round out the Top 3.


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    📈 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, Tampa Bay Lightning, and Florida Panthers have successfully defended their Cup once. Can Carolina enter that 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 Presidents’ Trophy winner has gone on to win the Stanley Cup just eight times in the 36 years that both trophies have been awarded.
    • A team has won 2+ consecutive Stanley Cups 16 times, with the Panthers most recently 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).

    👑 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
    2025-26 Canes Carolina Hurricanes +500 Golden Knights Vegas Golden Knights
    2024-25 Panthers Florida Panthers +1000 Oilers Edmonton Oilers
    2023-24 Panthers Florida Panthers +800 Oilers Edmonton Oilers
    2022-23 Golden Knights Vegas Golden Knights +1200 Panthers Florida Panthers
    2021-22 Avalanche Colorado Avalanche +325 Lightning Tampa Bay Lightning
    2020-21 Lightning Tampa Bay Lightning +800 Canadiens Montreal Canadiens
    2019-20 Lightning Tampa Bay Lightning +650 Stars Dallas Stars
    2018-19 Blues St. Louis Blues +1250 Bruins Boston Bruins
    2017-18 Capitals Washington Capitals +1225 Golden Knights Vegas Golden Knights
    2016-17 Penguins Pittsburgh Penguins +770 Predators Nashville Predators

    🥅 NHL teams with the most Stanley Cups

    Team Stanley Cup wins Stanley Cup appearances
    Canadiens Montreal Canadiens 24 35
    Maple Leafs Toronto Maple Leafs 13 21
    Red Wings Detroit Red Wings 11 24
    Bruins Boston Bruins 6 20
    Blackhawks Chicago Blackhawks 6 13
    Oilers Edmonton Oilers 5 8
    Penguins Pittsburgh Penguins 5 6
    Islanders New York Islanders 4 5
    Rangers New York Rangers 4 11
    Avalanche Colorado Avalanche  3 3
    Devils New Jersey Devils 3 5
    Lightning 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

    Pages related to this topic

    Kyle LaRusic - Covers
    Betting Analyst

    Kyle LaRusic joined Covers in 2020 with a Holland College diploma in Journalism and a Mount Saint Vincent Degree in Public Relations. Stints at Amherst News and the Cape Breton Post helped sharpen his skills in a newsroom setting, while working for MSVU and Dalhousie’s athletic departments landed Kyle in his comfort zone.

    Kyle has been an avid bettor for over five years, starting with just one Sports Interaction account before discovering both the beauty and importance of price shopping. bet365 and Pinnacle are his go to books, but accounts at 10+ sportsbooks give him an array of options. “Rusty” will bet on anything under the sun as long as there’s value and good reasoning behind it, but NHL and NFL are his two favorite leagues to watch and wager on — especially with friends.

    Kyle’s biggest tip for any bettor is simple: gamble responsibly. Only bet what you’re willing to lose and make sure to install a proper bankroll method to keep track of your ROI. If you’re still dwelling on the amount you lost the next day, it’s time to decrease your spending.

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