Stanley Cup Odds 2027: Oilers and Canes Knotted at 12%

The Edmonton Oilers are now tied for first in the Stanley Cup odds with the defending champs at 12%.

The Colorado Avalanche also refuse to budge from the Top 3, while there seems to be a logjam in the middle of the table among contenders. 

Here are the latest NHL odds to win Lord Stanley's Cup.

🏆Stanley Cup odds 2026-27

Team	Probability
Hurricanes	12%
Oilers	12%
Avalanche	11%
Wild	9%
Devils	8%
Golden Knights	8%
Panthers	8%
Lightning	7%
Stars	6%
Capitals	6%

Odds as of Nov. 3, courtesy of NoVig.

Latest Stanley Cup odds movement

Connor McDavid and the Edmonton Oilers ave come firing out of the gates, and they're now tied with Carolina at 12% to win the Stanley Cup.

Meanwhile, the New Jersey Devils are in a three-way tie for the fifth-best chances of winning following the Connor Hellebuyck move. With players like Dylan Larkin still likely to be moved, we could see either the Capitals' or Wild get a bump sometime soon as well.

Start trading with Novig today!

Sign up now using our exclusive Novig promo code 'COVERS' and deposit $10 to get $50 in trade credits!

 Sign Up Now at

*Eligible U.S. locations only

Enjoying Covers content? Add us as a preferred source on your Google account

Stanley Cup futures prediction

Prediction	Odds	Prediction date	Units
Oilers	12%	Nov. 3	1
Canadiens	4%	Sept. 16	1

I'm not waiting any longer to take the Edmonton Oilers, who finally look like they have a competent goaltending tandem in Tristan Jarry and Devon Levi.

While neither is pushing for a Vezina, they're good enough to hold their own—and this offense gives them plenty of wiggle room.

⚙️ Covers NHL betting tools

• NHL odds
• NHL free picks
• NHL player props
• Best NHL betting sites

📈 Stanley Cup betting trends

Here are some trends 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?
• 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 40 years that both trophies have been awarded.
• A team has won 2+ consecutive Stanley Cups 16 times, with the Panthers most recently doing so.
• 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 10 Stanley Cup winners, their odds 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	Hurricanes	+500	Knights
2024-25	Panthers	+1000	Oilers
2023-24	Panthers	+800	Oilers
2022-23	Knights	+1200	Panthers
2021-22	Avalanche	+325	Lightning
2020-21	Lightning	+800	Canadiens
2019-20	Lightning	+650	Stars
2018-19	Blues	+1250	Bruins
2017-18	Capitals	+1225	Knights
2016-17	Penguins	+770	Predators

🥅 NHL teams with the most Stanley Cups

Team	Stanley Cup wins	Stanley Cup appearances
Canadiens	24	35
Maple Leafs	13	21
Red Wings	11	24
Bruins	6	20
Blackhawks	6	13
Oilers	5	8
Penguins	5	6
Islanders	4	5
Rangers	4	11
Avalanche	3	3
Devils	3	5
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