2026 Stanley Cup Odds: Stars Insert Themselves Into Conversation

As the NHL playoff picture begins to take shape, so too do the Stanley Cup odds.

We're less than a month away from 16 of the best teams chasing the greatest trophy in sports, and for now, the books favor the Colorado Avalanche.

Here’s a look at the NHL odds to claim Lord Stanley’s hardware as we enter the home stretch of the regular season.

🏆Stanley Cup Final 2025-26 odds

Team
Colorado Avalanche	+290
Tampa Bay Lightning	+390
Carolina Hurricanes	+500
Dallas Stars	+950
Vegas Golden Knights	+1050
Edmonton Oilers	+1350
Minnesota Wild	+1550
Buffalo Sabres	+1700
Utah Mammoth	+2500
Montreal Canadiens	+2900
Ottawa Senators	+3000
Columbus Blue Jackets	+3300
Anaheim Ducks	+4000
Pittsburgh Penguins	+4000
Detroit Red Wings	+5000
New York Islanders	+6000
Los Angeles Kings	+6000
Boston Bruins	+8000
St. Louis Blues	+10000
Washington Capitals	+10000
Nashville Predators	+20000
San Jose Sharks	+30000
Philadelphia Flyers	+40000
Winnipeg Jets	+40000
Seattle Kraken	+50000
Florida Panthers	+150000
New Jersey Devils	+150000
Toronto Maple Leafs	+150000
New York Rangers	+200000
Chicago Blackhawks	+200000
Calgary Flames	+200000
Vancouver Canucks	+300000

Odds as of 3-23. Odds from BET99, one of our best betting sites. Sign up with our BET99 promo code, or get one of our other sportsbook promos.

Odds movement

3/23: The Dallas Stars have broken into the Top 5, now sitting with the fourth-best odds at +950. They leapfrogged both the Golden Knights (+1050) and Oilers (+1350), who currently find themselves in a pillow fight for the Pacific Division.

The Top 3 remained unchanged: the Avalanche, Lightning, and Hurricanes. With teams starting to get eliminated from playoff contention, odds at the bottom of the table will eventually go off the board.

3/6: The Anaheim Ducks have seen a slight bump in odds (+6000 to +5000) after landing star defenseman John Carlson from Washington, while the New York Islanders bolstered their forward depth by bringing in center Brayden Schenn.

Detroit also added D-man Justin Faulk at the buzzer as the Red Wings aim for their first Cup run in a decade, and the Seattle Kraken acquired winger Bobby McMann in a deal with Toronto.

Colorado and Tampa Bay have held the Top 2 spots on the board since the New Year. One of the biggest falls from grace has come from the defending champion Florida Panthers, who now sit at +10000 after opening at +750.

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Stanley Cup prediction

The Avalanche seem like the safest pick, but I can't get on board at +280. 

Instead, I'm putting faith in the Minnesota Wild at +1700, who have been just as dominant since trading for Quinn Hughes. 

Bet	Odds	Bet date	Units
Minnesota Wild	+1700	March 6	1

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Opening Stanley Cup odds

• Edmonton Oilers: +650
• Florida Panthers: +750
• Colorado Avalanche: +800
• Dallas Stars: +850
• Carolina Hurricanes: +900
• Vegas Golden Knights: +1200
• Tampa Bay Lightning: +1500
• Toronto Maple Leafs: +1300
• New Jersey Devils: +1800
• Los Angeles Kings: +2000
• Toronto Maple Leafs: +2000
• Winnipeg Jets: +2200
• Washington Capitals: +2800
• Vegas Golden Knights: +1800
• New York Rangers: +3000
• Ottawa Senators: +3300
• Minnesota Wild: +3500
• St. Louis Blues: +4000
• Utah Mammoth: +4000
• Vancouver Canucks: +5000
• New York Islanders: +6600
• Columbus Blue Jackets: +8000
• Montreal Canadiens: +8000
• Calgary Flames: +9000
• Nashville Predators: +9000
• Boston Bruins: +10000
• Detroit Red Wings: +10000
• Philadelphia Flyers: +10000
• Anaheim Ducks: +15000
• Buffalo Sabres: +15000
• Pittsburgh Penguins: +20000
• Seattle Kraken: +30000
• Chicago Blackhawks: +50000
• San Jose Sharks: +50000

📈 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 35 years that both trophies have been awarded.
• A team has won 2+ consecutive Stanley Cups 16 times, with the Panthers just 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
2024-25	Florida Panthers	+1000	Edmonton Oilers
2023-24	Florida Panthers	+800	Edmonton Oilers
2022-23	Vegas Golden Knights	+1,200	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	+1,250	Boston Bruins
2017-18	Washington Capitals	+1,225	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	+1,400	New York Rangers
2012-13	Chicago Blackhawks	+400	Boston Bruins
2011-12	Los Angeles Kings	+2,200	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

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