Alberta officially launches iGaming on Monday, July 13. A plethora of sportsbooks, casinos, and other operators are bringing their products to the province, with books such as DraftKings, BetMGM, and Caesars paving the way.
To coincide with the official launch, we're breaking down a ton of valuable Calgary Flames odds and futures for the upcoming season. Despite the Flames struggling mightily in 2025-26 and the outlook for the future being far less than certain, they have an abundance of entertaining young players that could prove to be valuable in futures markets ahead of what fans hope will be a bounce-back 2026-27 season.
Be sure to check out our top-ranked and best Alberta betting sites to maximize value ahead of the big day.
Notable offseason changes following disappointing 2025-26
The Flames didn't just disappoint and miss the playoffs last season -- they finished with only 77 points and an abysmal -47 goal differential. Their 212 goals were the fewest scored by any team.
While they have yet to significantly bolster their offense thus far this offseason, they have made a few eye-catching changes to their blue line. They recently acquired 2022 second-overall pick Simon Nemec from the New Jersey Devils and immediately signed him to a long-term deal. Shortly thereafter, they acquired Jake Middleton from the Minnesota Wild in a trade that saw them send Blake Coleman (one of their three 20-goal scorers) the other way.
With these two new additions, a likely regression-to-the-mean candidate in Dustin Wolf after a sophomore slump, and a full season of Zayne Parekh, there is much to be excited about regarding Calgary's defense and goaltending. Additionally, they drafted defenseman Carson Carels with the sixth overall pick last month.
It's worth noting that Matt Coronato led the team in scoring with just 45 points -- by far the lowest mark to lead any team in 2025-26. With their young defensive core getting bolstered and gaining experience with each passing season, can they offset a severe lack of offensive firepower?
We're taking a look at some of the most valuable and intriguing Calgary Flames futures and odds for 2026-27.
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Flames odds and best bets
Here are the Calgary Flames futures odds as they stand right now:
| Market | Odds | Sportsbook |
|---|---|---|
| Win Stanley Cup | +100000 |  |
| Win Pacific Division | +10000 | |
| Make Playoffs | +850 | |
| Over 77.5 points | -130 |  |
| Under 77.5 points | +100 | |
The Flames posted their lowest full-season point total since 2015-16, just one season removed from a 96-point campaign. After a multitude of shakeups to their roster, they currently sit at the very bottom of the Stanley Cup odds via DraftKings. They're ahead of only the Seattle Kraken and lowly Vancouver Canucks in terms of Pacific Division odds, and they're a longshot bet to even qualify for the playoffs.
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Alberta: Sports betting is now live!
Regulated sports betting in Alberta officially launched on July 13, allowing sportsbooks to operate under provincial oversight.
To see what sportsbooks are available for betting on your Oilers — and how to sign up — see our list of best Alberta betting apps.
Best Flames bet: Under 77.5 points (+100)
Sorry, Flames fans.
Averaging a measly 2.7 goals per game last season and having yet to address the array of gaping holes up front raises lots of concern heading into 2026-27. Dustin Wolf is more than likely to steal a few games, and they still have an influx of young, developing talent on the back end in Parekh, Nemec, Yan Kuznetsov, Hunter Brzustewicz, and Kevin Bahl.
They'll need young, highly-touted forward prospects like Matvei Gridin and Samuel Honzek to have a true breakout season, but with the (lack of) offensive tools the team possesses around them, it may prove difficult to take the leap to bonafide top-sixers for the two first-rounders -- at least for the time being.
Barring any drastic changes, specifically to their offense, this may very well be another sub-.500 season for the C of Red.
Best player prop: Dustin Wolf to win Vezina Trophy
If the Flames are to have any chance at a postseason run and/or regular season success, they will need the 2024-25 Dustin Wolf in their crease. Just two seasons ago, the 24-year-old finished second in Calder Trophy voting, eighth in Vezina Trophy voting, and even ended up on a few Hart Trophy ballots. His 15.1 GSAA (goals saved above average) and 26.38 GSAx (goals saved above expected) were good for seventh and fourth in the NH, respectively. Those numbers regressed to 4.8 GSAA and 19.89 GSAx this past season (though it remained positive despite playing on an abysmal team).
It's little fault of Wolf's own, as the team shipped off veteran defensemen Mackenzie Weegar and Rasmus Andersson, leaving their back end crowded with rookies, depth players, and inexperienced defensemen.
Given how he proved himself as a rookie and still posted positive numbers despite the team's regression, there's some serious value here.
Zayne Parekh odds and futures
Best Zayne Parekh Future: To win Norris Trophy
Calgary's top prospect absolutely dazzled at the 2026 World Juniors, setting Canada's single-tournament record for a defenseman with 13 points in just seven games and finishing third in tournament scoring.
He experienced some growing pains in his 37-game stint with the Flames this past season, but the 20-year-old will surely be in line for a much increased role in 2026-27 -- especially with the veteran departures on the blue line. He's an extreme longshot in the Norris Trophy odds, and winning the award in his first full NHL season may be incredibly unlikely, but he put together some of the best offensive numbers from a defenseman in the OHL and on the international stage in the last three decades.
His 107 points in 2024-25 with the Saginaw Spirit are the seventh-highest mark by a defenseman in OHL history and the highest since 1993-94. His 96 points the season prior are the third-most this century.
He's proven his creativity and offensive capabilities (putting up five points during a four-game AHL stint last season for good measure). And while his big offensive breakout is unlikely to happen in his age-20 season, it seems like it's only a matter of time for the 2024 ninth-overall pick.
