2026 Stanley Cup Odds: Hurricanes, Golden Knights Tied 2-2 in Final

• Carolina has reclaimed favorite status over Vegas with the Stanley Cup Final tied 2-2
• See the latest Game 5 odds below as the Hurricanes look to take control at home Thursday in Raleigh
• Track the full Stanley Cup odds movement, from preseason longshots through the Final

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This page tracks the 2026 Stanley Cup odds. The field is down to two, and the Final is a coin flip. The Carolina Hurricanes (-145) and Vegas Golden Knights (+120) are knotted at 2-2 heading into a huge Game 5.

Carolina got here by handling Montreal in five. Vegas earned its spot with a stunning sweep of the Presidents’ Trophy-winning Avalanche.

Below you’ll find the latest NHL Stanley Cup odds, Game 5 series prices, Conn Smythe odds, and a full odds movement timeline tracking how each team’s price has shifted from the preseason through the playoffs.

2026 NHL Stanley Cup Odds

Stanley Cup odds above are updated every 15-30 minutes from our top NHL betting apps, including DraftKings, FanDuel, and BetMGM. Sign up at FanDuel Sportsbook to bet on the Stanley Cup winner.

Carolina’s -145 price at DraftKings translates to a 59.2% implied probability of winning the Cup. Vegas sits at +120 (45.5%). FanDuel has it a touch wider at Carolina -152 and Vegas +126.

The Canes were a +475 second choice when the playoffs began. The Knights opened the postseason as a 10-1 longshot. Now they’re playing for the Cup.

This Final has been wild. Three of the first four games were one-goal finishes, two went to overtime, and Game 3 needed double OT. Carolina dug out of a 4-0 hole in that one before Vegas won it late.

2026 Stanley Cup Favorites

2026 Stanley Cup Odds Movement Timeline

• [June 10]: Final tied 2-2. Carolina is back on top at -145 after a 5-3 Game 4 win in Vegas. The Knights slid to +120.
• [June 3]: Vegas grabbed Game 1 on the road, 5-4, and briefly flipped to the Cup favorite. Carolina answered in Game 2 to take the price back.
• [May 26]: Vegas finished its sweep of Colorado to reach the Final. The Knights, a 10-1 longshot in Round 1, moved into co-favorite range.
• [May 24]: Carolina closed out Montreal in five to win the East and shortened toward the top of the board.
• [May 19]: Conference finals set. Colorado, Carolina, Vegas and Montreal all alive, with the Habs cut to +670 after a Game 7 OT win in Buffalo.
• [May 15]: Vegas clinched against Anaheim and moved to +575. Carolina held around +170 after a second straight sweep — the books already had the Canes priced as a contender.
• [May 12]: Minnesota’s odds ballooned past +3500 after falling behind Colorado 3-1. The Avs dipped below +150 for the first time.
• [May 5-6]: Carolina briefly passed Colorado as Cup favorite at +220 after an OT win over Philly. The Avs took the top spot back at +175 a night later.
• [May 1]: Round 1 wrapped with fireworks. Tampa forced a Game 7 against Montreal. Anaheim finished its upset of Edmonton and jumped to +2000.
• [April 26-30]: Carolina swept Ottawa into the +300 range. Philly knocked off Pittsburgh in the biggest first-round upset. Vegas survived a double-OT Game 4 against Utah.
• [April 18]: Playoffs begin. Colorado opens as the Cup favorite, with Vegas a 10-1 fourth choice on the board.
• [March 6]: Colorado lands Nazem Kadri from Calgary at the deadline, plus Nicolas Roy and Nick Blankenburg. Cup odds shorten to +260. Toronto sells and craters to +50000.
• [February 4]: Colorado enters the Olympic break as the clear favorite at +300. Tampa closes to +425. Carolina holds at +700.
• [October 18]: Aleksander Barkov tears his ACL and MCL at practice. Florida’s three-peat price collapses from +600 to +2500.
• [June 30]: Mitch Marner signs an 8-year, $96 million extension with Toronto before being traded to Vegas for Nicolas Roy.
• [June 17]: The Florida Panthers open as +600 favorites to three-peat as champions in 2026.

Stanley Cup 2026 Favorites: The Final Matchup

Two teams remain in the hunt for the 2026 Stanley Cup. Here’s where each contender stands with the series tied 2-2:

Carolina Hurricanes (-145)

Carolina was the best team in the East all year, finishing 53-22-7 with 113 points. The Canes earned the No. 1 seed in the Metro and have looked the part this postseason.

They swept Ottawa, swept Philly, then beat Montreal in five to win the conference. The big shift in net: rookie Brandon Bussi took the starting job from Frederik Andersen, and Carolina is the Cup favorite again after evening the Final in Game 4.

Vegas Golden Knights (+120)

Vegas saved its season by firing Bruce Cassidy in late March and bringing in John Tortorella. The Knights snuck in as the No. 1 Pacific seed at 39-26-17.

Then they got hot. Vegas beat Utah, beat Anaheim, and swept the Presidents’ Trophy-winning Avalanche to reach the Final. Mitch Marner has been the engine, and he’s the runaway favorite for the Conn Smythe.

Stanley Cup Final Series Odds

Game 5: Carolina vs Vegas

Game 5 is Thursday, June 11 at 8 p.m. ET on ABC in Raleigh.

Carolina is -145 to win the Cup (59% implied probability) and a -155 home favorite in Game 5. The Game 5 total sits at 6.5, with the under juiced to -135 at DraftKings after four straight overs.

Vegas is +120 to win it all and +130 in Game 5. The Tortorella factor is real — the Knights have won everywhere in these playoffs, including Game 1 in Raleigh.

Conn Smythe Trophy Odds

Marner leads all playoff scorers and is the runaway Conn Smythe favorite at -105. His Game 4 loss cooled him off a bit, but he’s still the man to beat.

Carolina’s case runs deep with Taylor Hall and Logan Stankoven both at +380. One note: Frederik Andersen, an early favorite, fell to 200-1 after losing his starting job to Brandon Bussi.

Conn Smythe odds above are courtesy of DraftKings. The Game 5 and Cup prices reflect live DraftKings and FanDuel markets as of June 10.

Five Past Stanley Cup Winners

Florida’s three-peat dream ended this season after Aleksander Barkov’s ACL/MCL tear derailed their campaign. The Panthers missed the playoffs entirely.

Vegas captured the Cup in 2023 and is back in the Final. Carolina hasn’t won it all since 2006 and is chasing its second championship.

NHL Teams Searching for Their First Stanley Cup

None of the Cupless teams are still alive in 2026, but Buffalo came close. The Sabres snapped their long playoff drought before falling to Montreal in a Game 7 OT heartbreaker.

Utah also made the postseason in just its second year before losing to Vegas in six.

Canadian Stanley Cup Winners

Canada’s Cup drought rolls on. Montreal came closest this spring, riding two Game 7 OT road wins to the conference final before Carolina ended the run in five.

The Habs were the youngest team to reach a conference final in 33 years, led by Lane Hutson (22), Ivan Demidov (20), Juraj Slafkovsky (22) and rookie goalie Jakub Dobes (21). The future looks bright in Montreal.

Stanley Cup Odds FAQ

Who has the best odds to win the Stanley Cup?

The Carolina Hurricanes have the best odds to win the 2026 Stanley Cup at -145 (59.2% implied probability), with the Vegas Golden Knights right behind at +120. The Final is tied 2-2.

Who won the Stanley Cup last year?

The Florida Panthers won the 2025 Stanley Cup, defeating the Edmonton Oilers in six games for the second consecutive year.

Which NHL team has the most Stanley Cups?

The Montreal Canadiens have won a record 24 Stanley Cups. The Habs reached the 2026 Eastern Conference Final before losing to Carolina.

When is Game 5 of the 2026 Stanley Cup Final?

Game 5 between Carolina and Vegas is Thursday, June 11 at 8 p.m. ET on ABC in Raleigh, with the series tied 2-2.

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Archived Stanley Cup Odds:

• 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018