Stanley Cup Odds 2027: Panthers Enter Preseason as Favorites

The long summer months without hockey have finally ended, and now it's time to turn our attention back to the Stanley Cup odds as preseason action kicks off this weekend.

A big offseason has positioned the Florida Panthers slightly ahead of the defending Cup champs, with the Colorado Avalanche rounding out the Top 3.

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

🏆Stanley Cup odds 2026-27

Team
Panthers	+640
Hurricanes	+700
Avalanche	+750
Oilers	+900
Golden Knights	+1000
Lightning	+1200
Wild	+1300
Capitals	+1400
Stars	+1500
Canadiens	+2250
Devils	+2900
Mammoth	+2900
Ducks	+3000
Kings	+3000
Sabres	+3500
Senators	+3500
Maple Leafs	+3500
Sharks	+3500

Odds as of Sept. 16, courtesy of BET99, one of our best betting sites. Sign up with our BET99 promo code, or get one of our other sportsbook promos.

Latest Stanley Cup odds movement

As expected, odds have stayed relatively stagnant since the end of July. The Panthers remain favorites at +640, with the Hurricanes (+700) and Avs (+750) remaining put in the Top 3.

The only likely scenario of a big movement at the top before the season starts would be if a contender pulled the trigger on Connor Hellebuyck.

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Stanley Cup futures prediction

Prediction	Odds	Prediction date	Units
Canadiens	+2250	Sept. 16	1

The Montreal Canadiens made it to the Eastern Conference Final last year, and their young core is another 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 +2250 for long.

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

🥅 NHL teams with the most Stanley Cups

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