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
| Western Conference | Eastern Conference |
|---|---|
| Stars (4) def. Golden Knights (3) | Panthers (4) def. Lightning (1) |
| Avalanche (4) def. Jets (1) | Bruins (4) def. Maple Leafs (3) |
| Canucks (4) def. Predators (2) | Rangers (4) def. Capitals (0) |
| Oilers (4) def. Kings (1) | Hurricanes (4) def. Islanders (1) |
Round 2 matchups
| Western Conference | Eastern Conference |
|---|---|
| Oilers (0) vs. Canucks (1) | Hurricanes (0) vs. Rangers (3) |
| Avalanche (1) vs. Stars (1) | Panthers (1) vs. Bruins (1) |
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.
| Team | Odds on June 13, 2023 | Odds on April 8, 2024 | Odds on May 6, 2024 (bet365) |
|---|---|---|---|
| Hurricanes | +1200 | +650 | +575 |
| Avalanche | +800 | +700 | +625 |
| Panthers | +2000 | +700 | +450 |
| Oilers | +1000 | +750 | +350 |
| Rangers | +1400 | +900 | +525 |
| Stars | +1600 | +900 | +475 |
| Bruins | +1100 | +1000 | +1100 |
| Golden Knights | +1200 | +1200 | OFF |
| Canucks | +5000 | +1600 | +1500 |
| Maple Leafs | +1000 | +1400 | OFF |
| Lightning | +1400 | +2500 | OFF |
| Jets | +4000 | +1800 | OFF |
| Kings | +2000 | +3500 | OFF |
| Predators | +5000 | +4000 | OFF |
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
| Teams | Odds |
|---|---|
| Panthers vs. Oilers | +750 |
| Rangers vs. Oilers | +800 |
| Panthers vs. Stars | +850 |
| Rangers vs. Stars | +900 |
| Hurricanes vs. Oilers | +950 |
| Hurricanes vs. Stars | +1000 |
| Panthers vs. Avalanche | +1100 |
| Rangers vs. Avalanche | +1100 |
| Bruins vs. Oilers | +1400 |
| Hurricanes vs. Avalanche | +1400 |
| Bruins vs. Stars | +1500 |
Stanley Cup exact result odds
Odds via FanDuel as of May 6
| Teams | Odds |
|---|---|
| Panthers to beat Oilers | +1400 |
| Stars to beat Panthers | +1600 |
| Rangers to beat Oilers | +1600 |
| Oilers to beat Rangers | +1600 |
| Oilers to beat Panthers | +1700 |
| Stars to beat Rangers | +1700 |
| Panthers to beat Stars | +1800 |
| Rangers to beat Stars | +1800 |
| Hurricanes to beat Oilers | +2000 |
| Panthers to beat Avalanche | +2000 |
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.
| Team | Odds |
|---|---|
| Avalanche | +800 |
| Oilers | +1000 |
| Maple Leafs | +1000 |
| Bruins | +1100 |
| Hurricanes | +1200 |
| Devils | +1200 |
| Golden Knights | +1200 |
| Rangers | +1400 |
| Lightning | +1400 |
| Stars | +1600 |
| Panthers | +2000 |
| Kings | +2000 |
| Flames | +2500 |
| Wild | +3000 |
| Penguins | +3500 |
| Sabres | +4000 |
| Senators | +4000 |
| Jets | +4000 |
| Red Wings | +5000 |
| Predators | +5000 |
| Islanders | +5000 |
| Kraken | +5000 |
| Canucks | +5000 |
| Blues | +6600 |
| Capitals | +6600 |
| Blackhawks | +12500 |
| Blue Jackets | +12500 |
| Coyotes | +15000 |
| Canadiens | +15000 |
| Flyers | +15000 |
| Sharks | +15000 |
| Ducks | +20000 |
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.
| Division | Stanley Cups won |
|---|---|
| Atlantic | 2 |
| Metropolitan | 3 |
| Central | 3 |
| Pacific | 2 |
Past Stanley Cup winners
| Year | Team | Preseason odds |
|---|---|---|
| 2023 | Vegas Golden Knights | +1800 |
| 2022 | Colorado Avalanche | +600 |
| 2021 | Tampa Bay Lightning | +900 |
| 2020 | Tampa Bay Lightning | +675 |
| 2019 | St. Louis Blues | +3000 |
| 2018 | Washington Capitals | +1125 |
| 2017 | Pittsburgh Penguins | +1100 |
| 2016 | Pittsburgh Penguins | +1300 |
| 2015 | Chicago Blackhawks | +700 |
| 2014 | Los Angeles Kings | +1200 |
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 | 7 |
| Penguins | 5 | 6 |
| Islanders | 4 | 5 |
| Rangers | 4 | 11 |
| Avalanche | 3 | 3 |
| Devils | 3 | 5 |
| Lightning | 3 | 3 |
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.
| Pick | Team |
|---|---|
| 1 | San Jose Sharks |
| 2 | Chicago Blackhawks |
| 3 | Anaheim Ducks |
| 4 | Columbus Blue Jackets |
| 5 | Montreal Canadiens |
| 6 | Utah |
| 7 | Ottawa Senators |
| 8 | Seattle Kraken |
| 9 | Calgary Flames |
| 10 | New Jersey Devils |
| 11 | Buffalo Sabres |
| 12 | Philadelphia Flyers |
| 13 | Minnesota Wild |
| 14 | San Jose Sharks (via Penguins) |
| 15 | Detroit Red Wings |
| 16 | St. Louis Blues |
| 17 | Washington Capitals |
| 18 | New York Islanders |
| 19 | Vegas Golden Knights |
| 20 | Chicago Blackhawks (via Lightning) |
| 21 | Los Angeles Kings |
| 22 | Nashville Predators |
| 23 | Toronto Maple Leafs |
| 24 | Anaheim Ducks (via Oilers) |
| 25 | Colorado Avalanche |
| 26 | Ottawa Senators (via Bruins) |
| 27 | Montreal Canadiens (via Jets) |
| 28 | Carolina Hurricanes |
| 29 | Calgary Flames (via Canucks) |
| 30 | Philadelphia Flyers (via Panthers) |
| 31 | Dallas Stars |
| 32 | New York Rangers |
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
| Stanley Cup Odds | Hart Trophy Odds | Calder Trophy Odds |
| Norris Trophy Odds | Vezina Trophy Odds | Rocket Richard Odds |
| Jack Adams Award Odds | Conn Smythe Trophy Odds | NHL Draft Odds |
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