The Carolina Hurricanes are no longer the solo favorites in the latest Stanley Cup odds, with the Florida Panthers landing Jacob Markstrom to shorten their odds to +750.
This was just one of many stellar moves from the Cats, who leapfrogged the Colorado Avalanche on the odds board.
Below are the latest NHL odds to win next year's Stanley Cup with free agency opening on July 1.
🏆 2026-27 Stanley Cup odds
| Team |  |
|---|---|
 Hurricanes |
+750 |
 Panthers |
+750 |
 Avalanche |
+800 |
 Golden Knights |
+900 |
 Oilers |
+1100 |
 Lightning |
+1200 |
 Wild |
+1400 |
 Stars |
+1500 |
 Senators |
+2000 |
 Ducks |
+2250 |
 Canadiens |
+2500 |
 Capitals |
+2500 |
 Mammoth |
+3000 |
 Sabres |
+3000 |
 Devils |
+3000 |
 Kings |
+3300 |
 Maple Leafs |
+3500 |
 Blue Jackets |
+4000 |
 Flyers |
+4500 |
 Sharks |
+5000 |
 Bruins |
+6000 |
 Rangers |
+7500 |
 Penguins |
+7500 |
 Jets |
+7500 |
 Red Wings |
+8000 |
 Islanders |
+8000 |
 Blues |
+8000 |
 Predators |
+10000 |
 Blackhawks |
+15000 |
 Kraken |
+20000 |
 Flames |
+40000 |
 Canucks |
+50000 |
Odds as of 6-30, courtesy of BET99, one of our best betting sites. Sign up with our BET99 promo code, or get one of our other sportsbook promos.
The Carolina opened as favorites to go back-to-back, but the Florida Panthers saw their odds shorten to +750 following the trade that landed them Jacob Markstrom. This move also saw the Canes odds go from +640 to +750, as the books view these teams as the bar to clear next season.
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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 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 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).
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 |
|---|---|---|---|
| 2025-26 | Carolina Hurricanes |
+500 | Vegas Golden Knights |
| 2024-25 |  Florida Panthers |
+1000 |  Edmonton Oilers |
| 2023-24 | Florida Panthers |
+800 | Edmonton Oilers |
| 2022-23 | Vegas Golden Knights |
+1200 | 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 |
+1250 |  Boston Bruins |
| 2017-18 |  Washington Capitals |
+1225 | 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 |
+1400 |  New York Rangers |
| 2012-13 | Chicago Blackhawks |
+400 | Boston Bruins |
| 2011-12 | Los Angeles Kings |
+2200 |  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 Carolina Hurricanes and Florida Panthers (+750) are the current co-favorites to win the Stanley Cup in 2027.
The Vancouver Canucks (+50000) have the longest odds to win the 2027 Stanley Cup.
The Carolina Hurricanes defeated the Vegas Golden Knights in six games to win the 2026 Stanley Cup.
The 2027 Stanley Cup Final will begin sometime in June 2027.
