The Edmonton Oilers are currently leading the league with the best odds to win the Stanley Cup. Knowing the latest 2025 Stanley Cup odds gives you the chance to call your shot as to who the best team in the league will be. Check out the odds in the table below plus our review of the best NHL betting sites so you can get some skin in on NHL finals action this season.
2025 Stanley Cup Odds Today
Here are the latest Stanley Cup betting odds (last updated onJan 23, 2025):
| NHL Teams | bet365 Odds | SIA Odds | BetVictor Odds |
|---|---|---|---|
| Edmonton Oilers | +600 | +600 | +600 |
| New Jersey Devils | +900 | +1000 | +900 |
| Florida Panthers | +900 | +800 | +900 |
| Colorado Avalanche | +1300 | +1100 | +1200 |
| Toronto Maple Leafs | +800 | +1100 | +1000 |
| Carolina Hurricanes | +750 | +800 | +850 |
| Dallas Stars | +1000 | +900 | +900 |
| Winnipeg Jets | +1600 | +1500 | +1400 |
| Vegas Golden Knights | +1500 | +1200 | +1200 |
| Washington Capitals | +1600 | +1200 | +1800 |
| Tampa Bay Lightning | +2000 | +1600 | +1500 |
| Minnesota Wild | +1800 | +2200 | +1800 |
| Vancouver Canucks | +3300 | +3500 | +2500 |
| LA Kings | +2200 | +2500 | +2000 |
| Boston Bruins | +4000 | +3500 | +3500 |
| New York Rangers | +4000 | +4000 | +4000 |
| Ottawa Senators | +4000 | +5000 | +4000 |
| Nashville Predators | +9000 | +8000 | +8000 |
| Calgary Flames | +10,000 | +15,000 | +15,000 |
| Utah Hockey Club | +10,000 | +6600 | +6600 |
| St. Louis Blues | +10,000 | +15,000 | +12,500 |
| New York Islanders | +9000 | +8000 | +8000 |
| Pittsburg Penguins | +15,000 | +15,000 | +15,000 |
| Philadelphia Flyers | +15,000 | +20,000 | +15,000 |
| Seattle Kraken | +12,500 | +20,000 | +15,000 |
| Detroit Red Wings | +20,000 | +15,000 | +15,000 |
| Buffalo Sabres | +35,000 | +30,000 | +20,000 |
| Columbus Blue Jackets | +6000 | +25,000 | +20,000 |
| Montreal Canadiens | +6600 | +15,000 | +15,000 |
| Anaheim Ducks | +30,000 | +50,000 | +30,000 |
| San Jose Sharks | +75,000 | +50,000 | +50,000 |
| Chicago Blackhawks | +60,000 | +50,000 | +40,000 |
Latest Odds to Win Stanley Cup
The current favourite to win it all according to the Stanley Cup odds today are the Edmonton Oilers. Most oddsmakers have the Oilers as this season’s favourite after making it into the finals last year and loosing to the Florida Panthers in a marathon 7 games. After getting off to a rocky start this year, the Oilers have begun to roll into shape.
Still sitting behind the Los Angeles Kings, Calgary Flames, and Vegas Golden Knights in the Pacific division, Connor McDavid and company are projected to turn things around and vault to the top of the division standings as they look to make their return to the Stanley Cup Finals.
Stanley Cups Betting Odds by Division
The divisional playoff format has only been around since the 2013-14 season. With four divisions comprising eight teams each vying for the 2025 Stanley Cup, it’s important to learn who are the top contenders from each when crafting your NHL bets. Besides picking the outright champion, bettors can also place wagers on which division will produce the next Stanley Cup winner. Here’s how each NHL division breaks down by odds to win the Stanley Cup plus total number of cups won:
Atlantic Division
- Atlantic Division Odds to Win Stanley Cup: +260
- Stanley Cups Won by Atlantic Division: 3
The most recent Stanley Cup winning division, the Atlantic Division has seen most of its success come from the Sunshine State, with the Florida Panthers and Tampa Bay Lightning having won a combined three Stanley Cups in five seasons. In 2025, the Atlantic Division is currently slated with the lowest odds of any division to win the Stanley Cup Final this season. While the Toronto Maple Leafs and Florida Panthers are sitting firmly among the top contenders for the 2025 Stanley Cup, the rest of the division are looked at as long shots.
Metropolitan Division
- Metropolitan Division Odds to Win Stanley Cup: +250
- Stanley Cups Won by Metropolitan Division: 3
Coming up on seven years since a team from the Metropolitan Division has won the Stanley Cup, (the last was the ’18 Washington Capitals) the Metro hopes to finally regain control of the league with their surprising amount of depth. Home to several top contenders for the 2025 Stanley Cup such as the New Jersey Devils, New York Rangers, and Carolina Hurricanes, the Metropolitan division is in a great position to represent the Eastern Conference in the Stanley Cup Final.
Central Division
- Central Division Odds to Win Stanley Cup: +290
- Stanley Cups Won by Central Division: 3
Slated as the current favourite division to produce the winner of the 2025 Stanley Cup Finals, the Central Division has seen plenty of success since the 2014 NHL season. With the Dallas Stars, Winnipeg Jets, and Colorado Avalanche all firmly in the mix for Stanley Cup contention in 2025, the Central is primed to capture their fourth Stanley Cup victory in 12 years.
Pacific Division
- Pacific Odds to Win Stanley Cup: +290
- Stanley Cups Won by Pacific Division: 2
While Stanley Cup Finals appearances have been scarce over the past decade for the Pacific Division, they still sport a deep variety of competitive hockey clubs looking to cement themselves in hockey history. Currently, the Pacific Division plays home to the favourite to hoist the 2025 Stanley Cup in the Edmonton Oilers, as well as the always frisky Vegas Golden Knights, who claimed a Stanley Cup victory just two seasons ago.
NHL Playoff Odds: Betting on the Postseason
NHL playoffs odds are one of the most thrilling ways to bet on hockey. NHL postseason betting allows bettors the opportunity to place wagers on the outcomes of each game on moneyline odds, puck lines, and goal totals, as well as sensational prop bets for each of the games top players. Make this year’s NHL playoffs the best one yet by placing a bet on all the awesome NHL playoff odds available below.
| Teams to Make Playoffs | To Make Playoffs |
|---|---|
| Boston Bruins | +105 |
| Colorado Avalanche | -1400 |
| Florida Panthers | -4000 |
| LA Kings | -3500 |
| Minnesota Wild | -3000 |
| Nashville Predators | +850 |
| NJ Devils | -3000 |
| NY Rangers | +120 |
| Ottawa Senators | -170 |
| Tampa Bay Lightning | -850 |
| Toronto Maple Leafs | TBA |
| Vegas Golden Knights | -6600 |
| Vancouver Canucks | -130 |
NHL playoff betting odds feature unique betting markets for NHL futures bettors such as NHL playoff series odds. With this playoff odds market, you can wager on which team you think will win the series outright, how many games might be played, as well as series handicap spreads at some of the top online sportsbooks.
How to Bet on Stanley Cup Winner 2025
Here’s how to bet on NHL Stanley Cup odds in 5 simple steps:
- Compare NHL sportsbooks: Check out the best NHL betting sites and be sure to take into account betting markets offered, sportsbook features, banking options, and customer support.
- Sign up and create an account: Provide and verify your personal information to open your new sportsbook account.
- Deposit funds: Make an initial deposit into your account to fund your bets. Don’t deposit more than you’re willing to lose.
- Place your bet: Know the odds! Then find the bet you wish to wager on and select the betting market you think is a winner.
- Track the game: Once your bet is locked in, all that’s left to do is watch the action unfold and sweat out your wager!
Make sure you do your research, learning the strengths and weaknesses of each team in the playoffs, and educate yourself on the latest trends and history of the Stanley Cup Finals. Be sure to keep your Stanley Cup Final odds bets fun by gaming responsibly. Check out the responsible gaming section at your preferred sportsbooks to set deposit limits for your account. Only bet what you can afford to lose, and don’t go chasing any losses if your bet fails to hit.
Stanley Cup Betting Bonuses
Check out some of the best Stanley Cup betting options below and see what each of the best sportsbook bonuses in Canada have to offer ahead of the Cup Final.
| Sportsbook | Betting Sign Up Bonus | Promo Code |
|---|---|---|
 | Get a no sweat first bet up to $400! | Claim Sign Up Bonus |
 | Get a First Bet Safety Net up to $1,000! | Use Code CANBET |
 | First Bet Insurance Up To $1500 | Use Code CANBET |
 | Safety net up to $400 + Live NHL streaming! | Claim Bonus |
 | 100% Deposit Match Up To $700 | Exclusive! Use Promo Code CSBTB |
 | 100% Deposit Match Up To $500 | Use Code CANBET |
How to Read NHL Stanley Cup Odds
If you’re going to place a bet on the Stanley Cup, you’ll need to learn how to read Stanley Cup betting odds. The most popular way odds are displayed is in what’s called “American Odds”.
In American odds, favourites are shown using a minus (-) symbol, and underdogs are displayed with a plus (+) sign. Each of these symbols correspond to how much profit can be won depending on your wager size.
For a favourite, the minus sign represents how much you need to wager in order to profit $100. For example, if the Toronto Maple Leafs were -115 favourites to win the Stanley Cup (we dream…) and you wagered $115, you’d return $215, with $100 being profit and the return of your $115 stake.
For underdogs, the plus sign shows how much profit will be won by wagering $100. This is extremely common for Stanley Cup odds as NHL futures betting markets are harder for bettors to win. For example, if the Vegas Golden Knights have +500 odds to win the Stanley Cup, this means a $100 wager would return a total of $600 if they were successful, with $500 being profit, and $100 being your stake returned.
What are the Types of Stanley Cup Bets?
If you’re looking to bet on Stanley Cup Odds for the next winning team, there are all sorts of bets you can make. The most popular NHL futures odds is betting on the Stanley Cup outright winners. These odds are available throughout the year, from the preseason, to the initial puck drops of the NHL Playoffs, and even in the offseason for early bird Stanley Cup winner odds on the upcoming NHL season.
Other popular ways to bet on the Stanley Cup Finals is by betting on the conference and/or division of the winning team, as well as prop bets such as how many games will be played in the final, or who will win the Conn Smythe Trophy. The depths of available Stanley Cup betting markets greatly expand as we get closer to the beginning of the playoffs, with oddsmakers able to craft more specific markets for players to wager on.
Stanley Cup Betting Markets Explained
The most popular type of bet on the Stanley Cup playoffs and Finals is a moneyline, or a straight up bet.
Once the playoffs start the difference in odds between the favourites and underdogs gets progressively smaller. By the time it is the Stanley Cup Finals, favourites are opening between -130 to -160 (compared to the regular season which sees some favourites open at -250 or more).
The puck line, hockey’s equivalent of a spread bet, remains a betting option on the Stanley Cup Finals and can offer much higher profits for successful bets. These are used in single game situations.
If the odds on the favourite open at -145, then a -1.5 puck line on that team should open around +185. If you believe that a favourite is going to dominate a game, or that an underdog might not take the win but could keep it close, this could be an effective path to take with your Stanley Cup online betting.
Lines on over/under lines for total goals in the Stanley Cup Finals are pretty close to consistent with those in the NHL regular season.
Most lines in the Stanley Cup Final (barring a situation where two elite defensive teams end up in the final) this year should open at 6.0.
However, the NHL is having its highest scoring year in nearly 30 years, with teams averaging 3.18 goals per game.
Once the postseason starts, online sportsbook futures on the Stanley Cup adjust to only the 16 teams remaining. Compared to the NBA (which has a nearly identical playoff format), Stanley Cup futures are much closer, when looking at the biggest favourites and most considerable underdogs.
Sometimes betting on a few underdogs is the best betting strategy. While the best teams still tend to be the most likely to win, something that makes the playoffs, and Stanley Cup betting so interesting is that hockey’s nature makes those wins less of a foregone conclusion.
In 2012, the eighth-seeded Los Angeles Kings took on the fifth-seeded New Jersey Devils in the Stanley Cup Finals. The Kings and Devils opened the playoffs at +2000 to win the Stanley Cup.
The Pittsburgh Penguins (+400), the New York Rangers (+450) and Vancouver Canucks (+500) opened the playoffs as the favourites. Of the three teams, only the Rangers made it out of the first round of the playoffs.
Prop bets grow in popularity during the Stanley Cup Finals. With more time between games and more certainty in starting goaltending (typically the most significant factor for online sportsbooks delaying game odds), the number of prop bets increases.
While single-game prop bets are great during the Stanley Cup Finals, the best prop bets on the Stanley Cup Finals are not on an individual game but on player performances over the entire series.
Online sportsbooks release over/under players goals and points in the series and offer odds on the Conn Smythe Trophy (given to the MVP of the Cup Finals).
More NHL Futures and Stanley Cup Betting Resources
Check out these NHL betting resources to help you place bets on all sorts of NHL futures including the playoffs, finals and award winners:
- NHL Odds and betting guide
- The Best NHL betting sites
- NHL Awards Odds
- Complete NHL teams list
- Betting odds calculator
- NHL news
Stanley Cup Betting Trends
- There have been eight different Stanley Cup winning NHL teams since 2015, with only the Tampa Bay Lightning and Pittsburgh Penguins having claimed multiple victories in the past decade.
- The last two Stanley Cup winners have been teams who had previously never won the Cup. The 2024 Florida Panthers and 2023 Vegas Golden Knights both won the first Stanley Cup in their respective franchise’s history in the the past two seasons.
- Only eight NHL teams have won the Presidents Trophy (best overall record in the league) and Stanley Cup Finals in the same year. The last team to do this was the 2013 Chicago Blackhawks.
- Over the past decade, there has been an even split between the Eastern and Western Conferences with each producing five respective Stanley Cup Champions.
- A Canadian NHL team hasn’t won the Stanley Cup since 1993, with the Montreal Canadiens claiming their 24th title.
Past Stanley Cup Winning Teams
Check out the Stanley Cup winners from the last decade below along with the series results for each year.
| Year | Winning Team | Losing Team | Series Result |
|---|---|---|---|
| 2024 | Florida Panthers | Edmonton Oilers | 4 – 3 |
| 2023 | Vegas Golden Knights | Florida Panthers | 4 – 1 |
| 2022 | Colorado Avalanche | Tampa Bay Lightning | 4 – 2 |
| 2021 | Tampa Bay Lightning | Montreal Canadiens | 4 – 1 |
| 2020 | Tampa Bay Lightning | Dallas Stars | 4 – 2 |
| 2019 | St. Louis Blues | Boston Bruins | 4 – 3 |
| 2018 | Washington Capitals | Vegas Golden Knights | 4 – 1 |
| 2017 | Pittsburgh Penguins | Nashville Predators | 4 – 2 |
| 2016 | Pittsburgh Penguins | San Jose Sharks | 4 – 2 |
| 2015 | Chicago Blackhawks | Tampa Bay Lightning | 4 – 2 |
NHL Teams That Have Won the Most Stanley Cups
The Stanley Cup is the oldest trophy among the four major North American sports, and arguably the hardest to win. The finals are a four-round, best-of-seven grind that requires as much luck as it does skill. Are you someone who believes that history is the best predictor? Well, let’s look at who has made it all the way to the promised land most frequently over the years:
- The Montreal Canadiens lead the pack with 24 Stanley Cup wins, and nearly picked up their 25th in 2021 but ultimately fell short against the Tampa Bay Lightning.
- Following them are the Toronto Maple Leafs, who have both the longest active Stanley Cup drought, and the second-most championships in total with 13. The Detroit Red Wings also join the double digit club with 11 Stanley Cup victories.
- Next, we have the 5+ club. This includes the Boston Bruins and Chicago Blackhawks with six. Both have snapped long droughts with success in the Salary Cap era, followed by the Edmonton Oilers and Pittsburgh Penguins with 5.
- Following them are the New York City-area teams: the New York Rangers and New York Islanders with 4 respectively, and the New Jersey Devils with three. Joining them in the 3+ club, fittingly, is a favourite winter destination for New Yorkers, the Tampa Bay Lightning who have won two of the last five Stanley Cups to go with their 2004 victory. Colorado also joined this group with their 2022 victory.
- Two more teams have a pair of trophies to their name. The Philadelphia Flyers won theirs in back-to-back NHL seasons in 1974 & 1975, and the Los Angeles Kings in 2012 & 2014.
- For some, the memories of greatness live on only one banner. This group includes the Anaheim Ducks (2007), Calgary Flames (1989), Carolina Hurricanes (2006), Dallas Stars (1999), Florida Panthers (2024), St. Louis Blues (2019), Vegas Golden Knights (2023) and Washington Capitals (2018).
- Lastly, we have the teams who have yet to win their first Stanley Cup. These include the Minnesota Wild, Nashville Predators, Winnipeg Jets, Vancouver Canucks, Columbus Blue Jackets, San Jose Sharks, Buffalo Sabres, Ottawa Senators, Utah Hockey Club, and the Seattle Kraken. Of these 10 teams, the Blue Jackets, Wild, Kraken, Utah Hockey Club, and Jets have never even reached the Stanley Cup Final, let alone won one outright.
Final Thoughts: Stanley Cup Odds 2025
While Edmonton is expected to return to hockey’s biggest stage and win it all, anything can happen as we approach the second half of the NHL season. Make sure you lock in your Stanley Cup Finals odds early with one of the top Stanley Cup betting sites in Canada. Follow the odds to win big on this year’s quest for hockey glory!
Stanley Cup Finals Odds FAQ
Currently, the Edmonton Oilers are favoured to win the Stanley Cup in 2025. These Stanley Cup betting odds are subject to change as every win, loss, injury, trade and everything else that comprises the NHL season will make an impact on the Stanley Cup odds board.
Currently, the Edmonton Oilers have the best odds to win the Stanley Cup, followed by the New Jersey Devils and Florida Panthers.
You can bet on Stanley Cup odds at any time. While the available odds board is constantly changing depending on the time you are looking to place a wager, both in-season and offseason bets can be placed on the upcoming Stanley Cup odds.
Canadians can bet on the Stanley Cup from multiple different online sportsbooks. We’ve reviewed each of the best NHL betting sites in Canada so you can find a reliable and trustworthy oddsmaker to place your Stanley Cup wagers with.
The Stanley Cup Final is a best-of-seven series between the winners of the Eastern Conference and Western Conference of the NHL. This first team to win four games is crowned that year’s Stanley Cup Champions, meaning a minimum of four games will be played, with a maximum of seven.
