2027 Stanley Cup Odds & Predictions: Best Bets Ahead of Opening Night

• Florida leads the 2027 Stanley Cup odds ahead of opening night
• Carolina begins its title defense against the market favorite
• See all 32 teams’ Stanley Cup odds, plus my best bet and longshot

Hockey is back Tuesday. The 2026-27 season opens with five games, and the first one is a beauty: the Florida Panthers visit the Carolina Hurricanes at 5 p.m. ET, right after Carolina raises its championship banner.

A new season gives bettors a fresh look at the Stanley Cup odds before hot and cold starts shake up the board.

Below are all 32 teams’ prices on Kalshi, what those contract prices mean, and my 2027 Stanley Cup predictions for NHL opening night.

2027 Stanley Cup Odds

Kalshi prices as of September 29, 2026 at 4:12 a.m. ET. *American moneyline equivalents before fees. New users can grab the Kalshi promo code before opening a position.

If you’re new to prediction market apps, here’s how it works. Each YES contract costs a few cents and pays $1 if that team wins the Cup. If the team falls short, you lose what you paid.

A 6-cent contract implies roughly a 6% chance. Its +1567 American moneyline equivalent means about $1,567 profit on $100 before fees. Remember, these prices come from traders, so they aren’t an objective read on each team’s chances.

Panthers Stanley Cup Odds

Florida sits on top at 13 cents, good for about a 13% price-implied chance. That’s a lot of faith in a team that went 40-38-4 and missed the playoffs last season.

The Panthers did add Brady Tkachuk to a forward group led by Aleksander Barkov, Matthew Tkachuk, Sam Reinhart and Sam Bennett. When that group is healthy, few teams can match it up front.

The crease is my problem. Sergei Bobrovsky left for Toronto, so Jacob Markstrom and Akira Schmid take over, and that transition makes me reluctant to pay the highest price. Brad Marchand also starts the year sidelined after offseason surgery, so I’m passing at this price.

Hurricanes and Avalanche Stanley Cup Odds

Carolina went 53-22-7 and won it all, and most of that roster is back. The champs are fair at 10 cents, but Seth Jarvis is out after shoulder surgery and Carolina turns to Brandon Bussi and Pyotr Kochetkov after Frederik Andersen’s departure.

Colorado finished first overall last season. Nathan MacKinnon and Cale Makar lead a mostly intact group, yet 11 cents doesn’t pay enough compared to my top pick.

Best Value 2027 Stanley Cup Pick: Stars

• Dallas Stars YES (6¢ at Kalshi)

Dallas is my best Stanley Cup bet at this price. Dallas ranked second in goals allowed per game and power-play efficiency last season.

Jason Robertson, Wyatt Johnston and Mikko Rantanen give Dallas plenty of scoring, while Miro Heiskanen and Jake Oettinger anchor the defense. That balance matters more to me than chasing the shortest price.

A first-round exit last spring is a fair concern. Still, I prefer the payout here to paying more for Florida’s rebound.

Longshot Stanley Cup Pick: Mammoth

• Utah Mammoth YES (2¢ at Kalshi)

Utah is my longshot, priced around a 2% chance and a +4900 equivalent. The Mammoth went 43-33-6, made the playoffs and led Vegas 2-1 in the first round before falling in six.

Clayton Keller, 40-goal scorer Dylan Guenther and Logan Cooley now have Vincent Trocheck and Anders Lee alongside them. Those additions give the young forwards more experienced help in a playoff series.

There are holes, with Sean Durzi and Ian Cole gone from the blueline and an inexperienced Sebastian Cossa backing up Karel Vejmelka. Availability is also very limited at 2 cents, with only a handful of contracts listed, so keep this one to a small position.

Maple Leafs Stanley Cup Odds After Marchenko Trade

Toronto acquired Kirill Marchenko from Columbus on Monday, with Matthew Knies going the other way in the larger deal. It gives the Leafs a different look, but I wouldn’t treat the trade alone as a reason to buy.

The Leafs are available at 3 cents after the trade, about a +3233 equivalent, before hosting Montreal at 7 p.m. ET. If you’d rather compare Cup prices at traditional NHL betting apps, the futures boards there are open for opening night too.