Historical Calder Trophy Odds from Past Seasons

• This page archives the NHL Calder Trophy (rookie of the year) odds for past seasons, including opening prices, mid-season swings, and closing numbers
• Lane Hutson won the 2025 Calder, the latest in a run of defensemen taking the rookie award
• Want the current Calder Trophy odds instead? Head over to the live futures board.

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The Calder goes to the NHL’s top first-year player, and the rookie market might be the most volatile award on the board. A hot start can turn a longshot into a favorite by December, an injury can crater a frontrunner overnight, and mid-season call-ups keep scrambling the picture.

One eligibility quirk shapes every race: a player can’t have appeared in more than 25 games in any single earlier pro season. This page is the record, with each completed season below, the chart showing how the market moved, a recap of how the winner got there, dated movement notes, and the closing odds.

Use the links below to jump straight to a specific season:

2025 | 2024 | 2023 | 2022

2025 Calder Trophy Odds

Lane Hutson turned a quiet preseason price into one of the best rookie seasons Montreal has seen in decades. The puck-moving defenseman opened as a +1000 longshot in October and closed as the runaway 2025 Calder winner.

The race belonged to others for months. Matvei Michkov opened as the favorite, then Macklin Celebrini took over through the winter. Hutson didn’t grab the top spot for good until late March, then bolted clear at -1000 on the strength of 59 points.

Below is how the 2025 rookie race played out.

2025 Closing Calder Trophy Odds

Odds as of April 3 at consensus sportsbooks.

How the 2025 Calder odds moved:

• [April 3] Hutson’s odds strengthened to -1000 as he led all rookies with 59 points (5 goals, 54 assists), building a near-insurmountable lead. Celebrini stayed second at +1000, with Michkov at +1200 and Wolf falling to +15000.
• [March 30] Hutson officially took over as the favorite at -130, with Celebrini dropping to +105 as the defenseman’s campaign kept impressing voters.
• [March 27] The race tightened, with Hutson improving to -110, nearly even with Celebrini at -120, while Wolf sat a distant third at +1800.
• [March 21] Celebrini held his edge at -145, though Hutson kept gaining at +110. Wolf faded to +1900 despite strong goaltending for Calgary.
• [March 1] Hutson’s play dramatically shortened his odds from +1000 to +250 as he challenged Celebrini (-200) with his puck-moving.
• [February 15] Celebrini strengthened his hold as favorite at -220 after reaching 40 points faster than any other rookie. Michkov fell to +600 amid a scoring drought.
• [January 15] Celebrini overtook Michkov as the favorite at -150, with the Flyers rookie dropping to +300 amid inconsistent ice time.
• [December 1] Michkov’s odds shortened to +200 as he led all rookies in scoring, with Celebrini at +400 and Stankoven at +500 firmly in the race.
• [October 15] The race opened with Michkov the early favorite at +250, Celebrini at +300, and Hutson further back at +1000.

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2024 Calder Trophy Odds

Connor Bedard arrived in Chicago with as much hype as any rookie in years, and he backed it up. A fractured jaw cost him a month, but the No. 1 pick still ran away with the 2024 Calder.

Bedard sat as a massive favorite for most of the year, peaking around -2500 before the injury briefly cracked the door. Minnesota’s Brock Faber was the only rookie to make a real run, riding huge minutes on the Wild blueline into the conversation.

Here’s how the 2024 race played out.

2024 Closing Calder Trophy Odds

Odds from across the 2023-24 season at major sportsbooks, including FanDuel, BetMGM, and DraftKings.

How the 2024 Calder odds moved:

• [January 31] Adam Fantilli fell to a +7500 longshot after it was announced he would miss eight weeks with a lacerated calf.
• [January 22] Bedard would miss another six weeks, dropping his odds to -180. Faber shortened to +450.
• [January 10] Bedard would miss 4-6 weeks with a fractured jaw. Books took down their Calder futures after the January 5 injury, though he had been as heavy as -500 at FanDuel beforehand.
• [January 1] Faber shortened further to +1200 as a legitimate challenger, while Bedard kept bolstering his number (-412) with dazzling play, including a recent “Michigan” goal.
• [December 15] Brock Faber made a major push, shortening from +8000 to around +2000 as he led all Wild players in average ice time (23:40).
• [November 15] Bedard became a heavy -280 favorite after back-to-back multi-goal games, leading all rookies with nine goals in 13 contests.
• [November 3] Logan Cooley drew attention after a strong start, with eight points in 10 games. FanDuel shortened him to +440 while DraftKings still listed +750.
• [September 1] Bedard’s odds lengthened to -130 as more books opened their markets, a sign they didn’t view him as a lock.
• [July 26] Connor Bedard opened as the heavy -155 favorite at DraftKings. Devils defenseman Luke Hughes was next at +500, with Sabres goalie Devon Levi (+900) rounding out the top three.

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2023 Calder Trophy Odds

Matty Beniers gave Kraken fans something to cheer for in just the franchise’s second season. He grabbed the favorite’s spot early and never let go, closing as the runaway pick for the 2023 Calder.

Beniers pulled clear down the stretch, his -650 closing number implying an 87% chance to win. Oilers goalie Stuart Skinner was the best longshot on a Canadian team at +750.

Here’s how the 2023 race played out month by month.

2023 Closing Calder Trophy Odds

Odds as of April 3 at DraftKings Sportsbook.

How the 2023 race played out month by month:

• [April 1] Beniers separated himself further at -650, an 87% win probability. Arizona’s Matias Maccelli surged into the top three at +1850.
• [March 1] Beniers virtually locked it up at -350, a 78% implied chance. Anaheim’s Mason McTavish had the next-best odds at +800.
• [February 1] Beniers improved to -200 as Carolina reassigned Kochetkov to the AHL. Buffalo’s Owen Power climbed back into the top five after a three-game goal streak.
• [January 2] Hurricanes goalie Pyotr Kochetkov emerged as the top challenger, shortening to +280 after taking over Carolina’s crease.
• [December 1] Beniers shortened to +225 while separating from the pack. Teammate Shane Wright faded to +7500 after being sent to the AHL.
• [November 14] Ottawa’s Shane Pinto gained major traction, shortening from +5000 to +875 while leading all rookies with eight goals.
• [October 16] Beniers emerged as the new favorite early, registering a goal and three assists through Seattle’s first three games.
• [September 12] Owen Power and Mason McTavish opened as +400 co-favorites. Montreal’s Juraj Slafkovsky, the first overall pick, opened at +2000.

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2022 Calder Trophy Odds

Detroit missed the playoffs in 2021-22, but its prized rookie defenseman gave fans plenty to cheer about. Moritz Seider took the 2022 Calder despite opening as a +1000 longshot.

The race ran through Anaheim’s Trevor Zegras and Seider’s own teammate, Lucas Raymond, for months before the German blueliner pulled away in the final stretch.

Below is how the 2022 rookie race played out.

2022 Closing Calder Trophy Odds

Odds as of April 20 at FanDuel Sportsbook.

How the 2022 race developed:

• [May 11] The top three in the odds to end the regular season were the three finalists: Moritz Seider (-250), Michael Bunting (+400), and Trevor Zegras (+600).
• [April 20] Seider’s odds grew to -250 with five games left for Detroit.
• [March 24] Seider established himself as the clear favorite, passing both Trevor Zegras and teammate Lucas Raymond heading into the final month.
• [February 25] Zegras, Raymond, and Seider were locked in a tight race, with Michael Bunting fourth at +700.
• [February 2] Zegras held the solo favorite spot around +200. Panthers rookie Anton Lundell moved from +4000 to +1350 since mid-December.
• [January 13] It stayed a two-man race between Raymond and Zegras, though Nashville’s Tanner Jeannot entered the top five with 23 points in 37 games.
• [December 21] With the NHL paused over COVID-19 cases, Raymond and Zegras sat atop the odds. Dawson Mercer drifted from +825 to +2000.
• [November 29] Zegras became the second favorite behind Raymond. Hurricanes forward Seth Jarvis was a big mover, from +4500 to +2100.
• [November 16] Raymond overtook Zegras for the lead, with teammate Moritz Seider the second favorite at DraftKings.
• [November 1] Zegras became the new favorite at +463, with Raymond right behind at +475.
• [October 22] Just over a week in, Cole Caufield drifted from +300 to +375 while Raymond improved from +1250 to +950 on three points in four games.
• [October 13] After Quinton Byfield fractured his foot in the preseason, his odds lengthened to +6000. Raymond shortened from +2950 to +1250 as one of the most-bet rookies.
• [September 29] Cole Caufield opened favored at +300. Other notable names were Anaheim’s Trevor Zegras at +500 and Florida’s Spencer Knight at +1000.