Opening 2025 Stanley Cup Odds: Panthers Favored, Oilers and Stars Close Behind

• Opening 2025 Stanley Cup odds have been released
• The Panthers are the favorites at +900, with the Oilers and Stars close behind at +1000
• See the opening 2025 Stanley Cup odds for all 32 teams within the story below

The champagne’s barely dry in the Florida Panthers’ locker room, but the oddsmakers are already looking ahead to next season. FanDuel Sportsbook has released their opening odds for the 2025 Stanley Cup, and the newly crowned champs are sitting pretty at the top.

Who will win the 2025 Stanley Cup? We take an early look at the 2025 Stanley Cup odds and potential longshots.

Opening 2025 Stanley Cup Odds

The opening 2025 Stanley Cup odds show Florida as the early +900 repeat favorite, giving them a 10% implied chance to repeat as champions.

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Odds as of June 25, 2024, at FanDuel Sportsbook. 

Panthers Favored to Repeat

Fresh off their seven-game victory over the Edmonton Oilers, the Florida Panthers (+900) find themselves in unfamiliar territory as Stanley Cup favorites. They’ll be gunning to become the first back-to-back champions since the Tampa Bay Lightning pulled off the feat in 2020 and 2021.

WE ARE STANLEY CUP CHAMPIONS!!!! pic.twitter.com/Yr17FW7AhM

— Florida Panthers (@FlaPanthers) June 25, 2024

Florida’s roster is stacked with talent, from the dynamic duo of Aleksander Barkov and Matthew Tkachuk to a supporting cast that showed incredible resilience in the playoffs. The Cats avbiality to win Game 7 after three straight losses showcased their mental toughness.

However, the target on Florida’s backs will be bigger than ever as defending champs. You also have to wonder just how much gas star goalie Sergei Bobrovsky has left in the tank after back-to-back Cup Finals runs.

Western Conference Trio Primed for a Run

Hot on Florida’s tail are a trio of Western Conference powerhouses. The Edmonton Oilers (+1000) are looking to shake off their Final heartbreak and get Connor McDavid his first Cup.

The Dallas Stars (+1000), after falling to the Oilers in the conference finals, believe their blend of veterans and rising stars can take them all the way.

For the passion and pride you brought all season long, thank you, Stars fans 💚

We'll see you back on the ice in October. 🌟 pic.twitter.com/z9WxlrHHkS

— Dallas Stars (@DallasStars) June 3, 2024

And don’t count out the Colorado Avalanche (+1000), who are just two years removed from their own championship and still boast a lethal one-two punch in Nathan MacKinnon and Cale Makar.

All three teams share +500 odds to win the Western Conference, setting up what should be a fierce battle out west.

2025 Stanley Cup Contenders and Dark Horses

The Carolina Hurricanes (+1100) and Vegas Golden Knights (+1200) aren’t far behind in the odds. Carolina’s been knocking on the door for years with their suffocating regular-season play, while Vegas knows what it takes to lift the Cup after their 2023 triumph.

One team making noise in the futures market is the New Jersey Devils (+1300). Their recent acquisition of goaltender Jacob Markstrom addresses a key weakness and could be the missing piece to complement their electric offense led by Jack Hughes. Don’t be surprised if the Devils make a serious push in the Eastern Conference.

Canada’s Stanley Cup Drought Continues

The Great White North’s Stanley Cup drought has stretched to 31 years after Edmonton’s loss in the Final. The Oilers remain Canada’s best hope to end the streak, but the Toronto Maple Leafs (+1400) and Vancouver Canucks (+1900) are eager to throw their hats in the ring as well.

As we roll through the offseason, these odds will shift with every major trade and free-agent signing.

But for now, the Florida Panthers are the team to beat, with a pack of hungry contenders ready to knock them off their perch. In a league known for its parity, the race for the 2025 Stanley Cup promises to be as unpredictable as ever.