Pro Merch Breaks Sown the Stanley Cup Favorites 2024 as the Rangers are in Commanding Position as Second Round Unfolds

With the second round of the NHL playoffs well underway, there has been a significant shift in the landscape of Stanley Cup odds, with a clear consensus favorite emerging from the pack. As the action heats up on the ice, let’s take a closer look at the top contenders vying for hockey’s ultimate prize in 2024.

The New York Rangers have surged to the forefront of the Stanley Cup odds, commanding attention with their dominant performance against the Carolina Hurricanes. After securing three consecutive victories in the series, the Rangers now find themselves in the driver’s seat, poised to advance to the Eastern Conference Finals. With a potent combination of physicality and offensive prowess, New York has showcased its ability to dismantle even the stoutest defenses and goaltending units.

In contrast, the Edmonton Oilers, who were early favorites heading into the second round, have faced some setbacks after dropping their series opener to the Vancouver Canucks. While the Oilers’ high-powered offense has continued to impress, questions linger about their goaltending, particularly after allowing a late-game rally in their opening matchup against Vancouver. Moving forward, goaltender Stuart Skinner will need to step up to ensure Edmonton’s continued success in the postseason.

Meanwhile, the Florida Panthers have surged back into contention after a strong finish to the regular season and a decisive victory over the Boston Bruins in the opening round. With momentum on their side, the Panthers are poised to reclaim their status as co-favorites, provided they can secure crucial victories on the road against Boston.

As the playoff picture continues to unfold, the race for the Stanley Cup remains wide open, with each team vying for their chance at hockey glory. With the Rangers leading the charge and formidable challengers hot on their heels, the stage is set for an exhilarating conclusion to the 2024 NHL season.

Round 1 matchups

Round 2 matchups

Stanley Cup odds over time

The Hurricanes, Avalanche, Panthers, and Stars have been the most significant movers over the last couple of weeks. The Rangers are also surging, while the Bruins have rebounded from a recent slide. 

Stanley Cup 2023-24 winning conference odds

Odds as of May 6

Stanley Cup 2023-24 winning division odds

Odds as of May 6

Stanley Cup matchup odds

Odds via FanDuel as of May 6

Stanley Cup exact result odds

Odds via FanDuel as of May 6

Stanley Cup champion: Canadian teams vs. field odds

Odds via FanDuel as of May 6

Eastern Conference champion

Odds via DraftKings on May 7

Western Conference champion

Odds via DraftKings on May 7

Stanley Cup opening odds

Stanley Cup opening odds as of June 13, 2023.

Stanley Cups won by division

Here’s a look at the number of Stanley Cups won by division since the NHL adopted the four-division format for the 2013-14 season.

Past Stanley Cup winners

NHL teams with the most Stanley Cups

How to read Stanley Cup odds

Stanley Cup odds reflect the probability of each NHL team winning the championship and are typically presented in American odds format (+XXX). Lower odds signify favoritism, while higher odds indicate underdog status.

A team with +750 odds to win the Stanley Cup is given an 11.76% implied probability of doing so with a $10 bet returning a $75 profit with a victory. A team with +1500 odds would have higher or longer odds, and a lower implied probability of 6.25%, but a win on a $10 bet would return a profit of $150.

Bettors should consider team performance, roster strength, injuries, and historical trends when assessing odds. By comparing odds across sportsbooks, individuals can make informed betting decisions during the NHL playoffs.

NHL draft order

Draft order as of May 8

The first 16 picks are set following the Draft Lottery. The remaining picks will be settled as the playoffs progress.

Stanley Cup Final FAQs

Who is the Stanley Cup Final favorite?

The New York Rangers are the Stanley Cup favorites across most of our best live betting sites, trading as short as +330, representing an implied win probability of 23.26%.

When did the NHL playoffs start? 

The NHL playoffs began on Saturday, April 20, 2024. 

When will the Stanley Cup Final start?

Last year, Game 1 of the Stanley Cup Final took place on Saturday, June 3. The NHL will announce the beginning of the 2024 final closer to next spring. 

Who won the Stanley Cup last year?

The Vegas Golden Knights won the 2022-23 Stanley Cup Final, defeating the Florida Panthers in five games.

NHL betting odds pages

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