2025 Stanley Cup Odds

• This page tracked the odds to win the 2025 Stanley Cup for all 32 NHL teams
• The Florida Panthers defeated the Edmonton Oilers to repeat as Stanley Cup champions
• Looking for the current Stanley Cup odds?

This page tracked all 32 NHL teams’ odds to win the 2025 Stanley Cup. The Panthers went back-to-back, beating Edmonton in six games for the second straight year. Florida became the first repeat champion since Tampa Bay in 2020 and 2021.

You can see the 2025 NHL Stanley Cup odds here, plus how each team fared in the odds throughout the course of the 2025 NHL season. The Oilers entered the Finals as slight -120 favorites, but the Panthers closed them out at home.

2025 NHL Stanley Cup Odds for Top Contenders

Top 4 Top 8 All Teams

The Florida Panthers repeated as Stanley Cup champions after defeating the Edmonton Oilers in six games. Sam Reinhart exploded for four goals in the clinching Game 6, while Sam Bennett took home the Conn Smythe Trophy. It was the first Finals rematch since Detroit and Pittsburgh met in 2008 and 2009.

Odds to Win Stanley Cup

Here are some more notes on the movement of the top contenders for the 2025 Stanley Cup:

• [June 17] Florida clinches the repeat with a 5-1 Game 6 victory at home. Reinhart’s four-goal performance seals the deal for the Cats.
• [May 30] The Finals are set for a rematch. Edmonton enters as slight -120 favorites with home ice, while Florida sits at +100.
• [May 13] Dallas surges to +275 Cup favorites after taking a 3-1 series lead over Winnipeg. Rantanen leads all playoff scorers.
• [May 1] Carolina jumps to the top at +486 after defeating New Jersey in five games and becoming the first team to reach Round 2.
• [Apr 18] Winnipeg’s historic 116-point season doesn’t translate to betting respect. The Jets stay at +2500 despite winning the Presidents’ Trophy.
• [Apr 15] Florida overtakes Dallas as Cup favorites at +650 just before playoffs begin. The Stars draw a tough first-round matchup with Colorado.
• [Mar 7] Trade deadline chaos. Dallas lands Mikko Rantanen from Carolina with an 8-year extension. Florida adds Brad Marchand. Both teams see their odds shorten.
• [Feb 15] Edmonton (+600) holds steady as favorites. McDavid and Draisaitl continue tearing up the league. Oilers’ odds hover between +550 and +700.
• [Feb 1] Carolina’s odds shorten from +1100 to +650 after landing Rantanen. The Canes position themselves as Edmonton’s biggest threat.
• [Jan 15] Edmonton (+650) creates separation after going 26-8-2 since November 8th. Cup odds move from +1000 to +650 during the hot streak.
• [Dec 15] Vancouver implodes after trading J.T. Miller to the Rangers. Their odds crater from +2800 to +6000.
• [Nov 15] New Jersey (+1300) drops 10 of 14 games. Washington (+1200) rises behind league-best defense.
• [Oct 24] Winnipeg starts 14-1, the best opening in NHL history. Despite the hot start, their Cup odds stay stuck at +2500.
• [Oct 15] Edmonton (+800) opens as preseason favorites. Florida checks in at +1000, Dallas at +1100.
• [June 13]: The Florida Panthers open as +900 favorites to repeat as champions in 2025. Fresh off their Game 7 victory over Edmonton, the Panthers look to go back-to-back.