Stanley Cup Odds 2027: Hellebuyck Trade Propels Devils Into Top 10

Kyle LaRusic - Betting Analyst at Covers.com
Kyle LaRusic • Betting Analyst 5+ years betting experience
Updated: Oct 23, 2026 , 12:51 PM ET • 4 min read

Devils trading at 8% after landing Vezina netminder.

Stanley Cup odds New Jersey Devils
Photo By - Reuters Connect. Jack Hughes and Connor Hellebuyck.

The Connor Hellebuyck saga has finally ended, and the New Jersey Devils have risen in the Stanley Cup odds as a result.

Landing the former Vezina winner has put the Devils in the No. 9 spot, alongside the Minnesota Wild and Dallas Stars.

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

🏆Stanley Cup odds 2026-27

Team Novig
Probability
Carolina HurricanesHurricanes 14%
Colorado AvalancheAvalanche 14%
Florida PanthersPanthers 11%
Edmonton OilersOilers 11%
Vegas Golden KnightsLightning 11%
Tampa Bay LightningGolden Knights 10%
Washington CapitalsCapitals 9%
Minnesota WildWild 9%
DevilsDevils 8%
StarsStars 7%

Odds as of Oct. 23, courtesy of NoVig.

Latest Stanley Cup odds movement

While Connor Hellebuyck didn't move the New Jersey Devils to the top of the standings, it helped them crack into the top 10, surpassing the Dallas Stars.

The rest of the table remained the same for the most part, with the Hurricanes and Avalanche still locked in to the Top 2.

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Devils Cup odds

Once sitting at 3% to lift Lord Stanley's Cup, the Devils' new netminder could be the difference-maker in a highly competitive Metro division. 

New Jersey didn't have to sacrifice any major "win now" pieces to get the deal done, and Hellebuyck is the ultimate upgrade between the pipes. If Jack Hughes can stay healthy, this team will be dangerous all season.

Stanley Cup futures prediction

Prediction Odds Prediction date Units
Canadiens Canadiens 4% Sept. 16 1

The Montreal Canadiens made the Eastern Conference Final last year, and their young core is a year older.

Nick Suzuki, Cole Caufield, Ivan Demidov, Juraj Slafkovsky, and Lane Hutson are all returning after career years, and veteran Chris Kreider's signing bolsters Montreal's bottom six.

Jakub Dobes looked fantastic in the postseason run, and Montreal still has prospect Jacob Fowler to fall back on if things go south. I know they had a quiet offseason, but if this team is fighting for the Atlantic come the trade deadline, they have enough assets to make a serious move too. 

I don't see this staying at 4% for long.


⚙️ Covers NHL betting tools


    📈 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 Canes Hurricanes +500 Golden Knights Knights
    2024-25 Panthers Panthers +1000 Oilers Oilers
    2023-24 Panthers Panthers +800 Oilers Oilers
    2022-23 Golden Knights Knights +1200 Panthers Panthers
    2021-22 Avalanche Avalanche +325 Lightning Lightning
    2020-21 Lightning Lightning +800 Canadiens Canadiens
    2019-20 Lightning Lightning +650 Stars Stars
    2018-19 Blues Blues +1250 Bruins Bruins
    2017-18 Capitals Capitals +1225 Golden Knights Knights
    2016-17 Penguins Penguins +770 Predators Predators

    🥅 NHL teams with the most Stanley Cups

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

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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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