The NHL odds surrounding Stanley Cup favorites are all over the place, with different books showing different teams on top. One team that has climbed up every books odds however are the New York Rangers.
With games continuing to come at us, let's dive into the Stanley Cup odds. Be sure to also check out our other NHL futures pages, including Hart Trophy odds!
Odds to win the Stanley Cup
This odds widget represents the best odds available for each team from regulated sportsbooks. Analysis below may not match live odds.
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Latest Stanley Cup odds update
11/28/2023: Much like the most of November, Stanley Cup odds continue to be neck-and-neck with the team on top depending on what book you're using. One team that continues to make waves and are now as short as +900 are the New York Rangers. The Blueshirts 37 points puts them in a tie for the best mark with Boston and Vegas — two teams also near the top.
Previous Stanley Cup betting action
11/28/2023: The Stanley Cup favorite continues to depend on what book you use, with the Vegas Golden Knights, Boston Bruins, and New York Rangers all tied for first place in the NHL. Speaking of the Rangers, they are oh so close to sliding into the Top 3 spot, although teams like the B's, Knights, and Avalanche are still getting the nod. The Blueshirts odds will be one to monitor as we head into December.
11/21/2023: We all know how much parity is in the NHL, but look no further than the Stanley Cup odds to see just how much there is. You can look at three different books and have three different favorites, but one thing is apparent in all of them, and that's the rise of the Boston Bruins. The B's are tops in the league and are going for as short as +850 at bet365. Meanwhile, Colorado is favored at a few sportsbooks while Vegas is seen as the top dog at others.
11/14/2023: We're now a full month into the NHL season, and the league's elite are starting tp shine through. Vegas is still the favorite on the back of the 12-2-1 start, with Colorado and Carolina Hurricanes staying close at the top. Another team to look at is the Boston Bruins, who have just one regulation loss and are going as short as +900.
11/7/2023: The Vegas Golden Knights continue to crush the competition, sitting as short as +700 with just one regulation loss through 13 games. This team plays a complete 200-foot game and is primed to go on another run with virtually the same roster as last season. Colorado (+800) isn't far off and has looked hungry to get back on top. The Oilers' freefall continues as the 2-8-1 squad is now going for as long as +2,000 depending on the book.
11/1/2023: The Vegas Golden Knights opened with +1,100 odds to win the Cup and have looked like the perfect team in the early going, boosting their odds to +700. The Knights are yet to lose in regulation through 10 games and look primed for a repeat. Sitting behind them are the Colorado Avalanche and Carolina Hurricanes depending on what book you use. Meanwhile, a slow start has the Edmonton Oilers odds as long as +1,500 after sitting at +900 to start the year.
10/24/2023: What was once a neck-and-neck race has now seen someone being to separate themselves from the pack. The Colorado Avalanche are a perfect 5-0 on the season and look to be the cream of the crop in the Central Division. Toronto and Carolina's odds are still near the top, but defensive troubles need to be solved if these teams want to play into June. Outside of the Top 3, the Vegas Golden Knights odds continue to grow shorter and shorter, with bet365 sitting at +750.
10/17/2023: One week into the season the Top 3 spots on the odds board are still shared by the Avalanche, Maple Leafs, and Canes as they have all picked up multiple wins thus far. Outside of the Top 3, Edmonton's odds have taken a slight hit after starting 0-2, while the Dallas Stars have moved into the No. 4 spot after getting some love.
10/10/2023: The regular season kicked off with a three-team race between the Carolina Hurricanes, Colorado Avalanche, and Carolina Hurricanes. All three teams have what it takes to win the Cup, making it no surprise why they're so close on the odds board. Several other teams are around the +1,000 - +1,200 range, including the Edmonton Oilers, New Jersey Devils, and Vegas Golden Knights.
2023-24 Stanley Cup odds over time
Here is a look at how the 2023-24 Cup odds have played out so far!
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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 successfully defended their Cup once.
- 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 Western Conference has won six championships to the East's four.
- 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 15 times, most recently the Tampa Bay Lightning in 2020 and 2021.
- The runners-up have gone on to win the Stanley Cup in the following season only once since 1990 (Pittsburgh Penguins 2009).
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Stanley Cups won by division
In the 2013-14 season, the NHL opted to move to a four-division league. This is the number of Stanley Cup winners per division since the switch.
| Division | Number of Stanley Cups |
|---|---|
| Atlantic | 2 |
| Metropolitan | 3 |
| Central | 3 |
| Pacific | 2 |
Past Stanley Cup winners
The Colorado Avalanche claimed Lord Stanley's grail in 2022. They were the betting favorites for much of the year and finally lived up to the hype.
Here are the last 13 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 |
|---|---|---|---|
| 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 |
Are the Lightning the NHL's latest dynasty? Tampa Bay has been to the Stanley Cup Finals in three of the last four seasons and opened the 2022-23 season with +900 odds to win it all.
Teams with the most Stanley Cup Championships
| 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 | 7 |
| 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.
How to read Stanley Cup odds
Sportsbooks will post NHL futures odds before the season starts — including odds to win the Stanley Cup. These odds are constantly adjusted throughout the offseason as players get hurt, suspended or are traded. Once the regular season begins, title odds will change daily as teams win and lose games and as more players get hurt, suspended or traded. Sportsbooks will also adjust the NHL futures odds based on handle and liability to certain teams.
Stanley Cup odds will usually look like this:
- Colorado Avalanche +550
This means that on a $100 bet, you'll stand to win $550 if the Avs win the Stanley Cup. If it's close to the end of the regular season or even during the playoffs and the NHL has a very dominant team, you might see that a team is has a minus sign (-) ahead of its odds.
- Tampa Bay Lightning -120
This means that you would need to bet $120 to win $100 on a Lightning Stanley Cup win.
Above we have posted the American odds for the Stanley Cup. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.
Where can I bet on the Stanley Cup Final?
If you're in a state that allows mobile, online betting, make sure you know which sites are the best hockey betting sites. The best betting sites offer sharp odds, quick payouts and are safe and secure when it comes to depositing and withdrawing your money.
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Stanley Cup Odds FAQs
The Colorado Avalanche, Vegas Golden Knights, and Boston Bruins currently have the best odds to win the 2023-24 Stanley Cup.
The San Jose Sharks currently have the longest odds at +250,000.
The Vegas Golden Knights won the 2023 Stanley Cup by defeating the Florida Panthers in five games.
