Why I'm Targeting the Panthers as the Best Stanley Cup Odds Value Bet Amid Wild Offseason

Kyle LaRusic - Betting Analyst at Covers.com
Kyle LaRusic • Betting Analyst 5+ years betting experience
Updated: Jun 25, 2026 , 03:37 PM ET • 4 min read

Cats and Capitals' offseason moves deserve to be noticed.

Florida Panthers left wing Matthew Tkachuk (19) acknowledges the fans after the game against the Detroit Red Wings
Photo By - Reuters Connect. Florida Panthers left wing Matthew Tkachuk (19) acknowledges the fans after the game against the Detroit Red Wings

The NHL offseason isn't typically as drama-filled as the NBA's, but this week brought plenty of headlines that caused quite a stir in the Stanley Cup odds. The NHL draft and the official opening of free agency are still to come.

Brady Tkachuk's move to the Florida Panthers put them in a three-way tie for first spot on the odds board with the Carolina Hurricanes and Colorado Avalanche, while other teams like the Washington Capitals have made stellar moves to bolster their roster ahead of next season.

I break down what Stanley Cup predictions to make now, and which ones to hold out on — or avoid completely with your NHL picks.

🏆 2026-27 Stanley Cup odds

Team Bet99
Canes Hurricanes +750
Avalanche Avalanche +750
Panthers Panthers +750
Oilers Oilers +1000
Knights Golden Knights +1000
Lightning Lightning +1200
Wild Wild +1300
Stars Stars +1600
Senators Senators +2000
Ducks Ducks +2250
Canadiens Canadiens +2500
Capitals Capitals +2500
Mammoth Mammoth +3000
Sabres Sabres +3000
Devils Devils +3000
Kings Kings +3300
Maple Leafs Maple Leafs +3500
Blue Jackets Blue Jackets +4000
Flyers Flyers +4500
Sharks Sharks +5000
Rangers Rangers +7500
Penguins Penguins +7500
Jets Jets +7500
Bruins Bruins +8000
Red Wings Red Wings +8000
Islanders Islanders +8000
Blues Blues +8000
Predators Predators +10000
Blackhawks Blackhawks +15000
Kraken Kraken +20000
Flames Flames +40000
Canucks Canucks +50000

Odds as of 6-25, courtesy of BET99, one of our best betting sites. Sign up with our BET99 promo code, or get one of our other sportsbook promos.

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Stanley Cup predictions: 🟢 Teams to bet on now

Panthers Panthers (+750 at Bet99)

This may seem like it's too late, but now is as good a time as any to hop on the Florida Panthers. The Brady Tkachuk trade gives them arguably the best Top 9 in the league, and they still have roughly $6 million in cap space.

One thing they don't have at the moment is a No. 1 netminder signed, but hold your horses. It just so happens trade rumors are picking up steam surrounding the one and only Connor Hellebuyck, and you'll never guess who is mixed up in said rumors...

We know this Panthers' front office isn't afraid of going all in, and if they somehow pull this off, you're looking at their odds shifting closer to +450.

Capitals Capitals (+2500 at Bet99)

As a Washington Capitals fan, it brings me great joy to write about how kick ass their offseason has been. Landing players like Jordan Kyrou and Alex Tuch have shortened their odds from +4500 to +2500, and I think now is the time to hop on before it's too late.

The Caps still have over $12 million in cap space to work with, and the Tuch deal clearly shows this team is ready to go all in as they look to persuade Alex Ovechkin to come back for one more year. 

While Jason Robertson's ask may be a little too steep, there are still plenty of depth guys available in this free agency class to chase.

If Logan Thompson can return to Vezina form next season with a much better offense in front of him, look out.

Stanley Cup predictions: 🟡 Teams to wait on 

Canadiens Canadiens (+2500 at Bet99)

The Montreal Canadiens have had a quiet offseason up to this point, and I'm willing to wait and see what they do before I put my hard-earned cash on them.

Their run to the Eastern Conference Final showed promise, but it took two Game 7 wins to get there, and the Hurricanes outclassed them.

Adding another Top 4 defenseman or bolstering the Top 6 with a player like Jason Robertson could push this team one step closer, but until I see them actually do that, I'm holding off.

Sharks Sharks (+5000 at Bet99)

Macklin Celebrini is an electric factory, and it looks like the San Jose Sharks were starting to piece things together last year. They have assets coming out the hoo hah — including the second pick of tomorrow's NHL Draft — and a ton of cap space, but let's wait and see what they do with them...

If they trade those assets to get a legit piece, their odds will shorten, but not enough where they aren't worth a flier. If they decide to hold on to those picks and continue a proper rebuild, you're stuck with a +5000 ticket that has almost no shot of cashing next year. Patience, young padawan.

Stanley Cup predictions: 🔴 Teams to avoid

Oilers Oilers (+1000 at Bet99)

To hell with Mike Babcock. I would prefer to use a word that rhymes with duck, but despite writing for a sports betting website, I must show some class.

Listen, did the Edmonton Oilers answer their head coaching question? About as bad as you can answer, I guess.

However, did they answer their netminding, offensive depth, and defensive corps problems? No? Okay, so why would you ever consider betting on a team so shit at +1000? Because they have Connor McDavid? Not for long, little buddy, not for long...

Stars Stars (+1600 at Bet99)

The Dallas Stars show so much promise every year, and every year they let their fans down. And now, with no Cup to show for their hard work, they're likely about to ship out RFA Jason Robertson.

It feels like the championship window is closing — if not already slammed shut — and there are just better teams to bet on at this point of the year.

Key players who could be traded

  • Red Wings Dylan Larkin
  • Stars Jason Robertson
  • Maple Leafs Matthew Knies
  • Ducks Mason McTavish
  • Jets Connor Hellebuyck
  • Devils Nico Hischier
  • Oilers Darnell Nurse
  • Maple Leafs Morgan Rielly
  • Rangers Vincent Trochek
  • Canucks Jake DeBrusk
  • Knights Adin Hill

Outstanding key NHL UFAs and RFAs

UFAs

  • Rasmus Andersson D
  • Alex Ovechkin F
  • Patrick Kane F
  • Anthony Mantha F
  • Viktor Arvidsson F
  • Mats Zucccarello F
  • John Carlson D
  • Claude Giroux F
  • Mason Marchment F
  • Jacob Trouba

RFAs

  • Jason Robertson F
  • Connor Bedard F
  • Cutter Gauthier F
  • Leo Carlsson F
  • Pavel Dorofeyev F
  • Alexander Nikishin D
  • Jordan Spence D
  • Trevor Zegras F
  • Yegor Chinakhov F

Key NHL offseason dates 2026-27

  • June 26/27 - NHL Draft
  • July 1 - Free agency begins
  • July 20 - Salary arbitration hearings begin
  • August 3 - Deadline for salary arb decisions to be rendered
  • September 11 - Rookies report to training camp
  • September 16/27 - Remaining players report to training camp

Odds are correct at the time of publishing and are subject to change.
Not intended for use in MA.
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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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