Historical Stanley Cup Futures from Past Seasons

• This page archives the Stanley Cup futures market for every NHL season since 2017-18, including opening prices, mid-season swings, and closing odds
• Florida Panthers went back-to-back in 2025, knocking off Edmonton in a six-game rematch of the previous year’s Final
• Want the current Stanley Cup odds instead? Head over to the live futures board.

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No futures market swings like the Stanley Cup. The NHL puts 16 teams into a four-round grinder where seven-game series can flip the board overnight, hot goalies can carry double-digit underdogs, and the Presidents’ Trophy is basically a curse. The result is a futures landscape that looks completely different in October, January, and April — and a champion that’s almost never the team you’d have bet on at opening night.

This page is the receipt. Every NHL season going back to 2017-18 is below, with the chart showing how the market moved, a quick recap of how the champion got there, and dated bullet notes on what actually pushed the lines.

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

2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018

2025 Stanley Cup Odds

Florida repeated. The Panthers took down Edmonton in six in a Cup Final rematch, becoming the first back-to-back winner since Tampa Bay in 2020 and 2021. Sam Reinhart hung four goals on the Oilers in the Game 6 clincher, and Sam Bennett walked off with the Conn Smythe.

This was the first Cup Finals rematch since Detroit-Pittsburgh in 2008 and 2009, and Edmonton actually opened the series as -120 favorites thanks to home ice. The Cats didn’t care. They became the first back-to-back winner in the salary cap era and the second franchise this decade to do it.

Edmonton owned the top of the board for most of the 2024-25 season, with Florida rarely sitting in the favorite’s chair until the playoffs were already underway. Carolina, Dallas, and Winnipeg all took turns crashing the top of the leaderboard before getting knocked off.

Key moments that shifted the 2025 Stanley Cup futures market:

• [June 17] Florida clinched the repeat with a 5-1 Game 6 victory at home. Reinhart’s four-goal performance sealed it for the Cats.
• [May 30] The Finals were set for a rematch. Edmonton entered as -120 favorites with home ice, while Florida sat at +100.
• [May 13] Dallas surged to +275 Cup favorites after taking a 3-1 series lead over Winnipeg. Rantanen led all playoff scorers at that point.
• [May 1] Carolina jumped to the top at +486 after closing out New Jersey in five games to become the first team to reach Round 2.
• [April 18] Winnipeg’s historic 116-point season didn’t translate to betting respect. The Jets stayed at +2500 despite winning the Presidents’ Trophy.
• [April 15] Florida overtook Dallas as Cup favorites at +650 just before the playoffs began. The Stars drew a tough first-round matchup with Colorado.
• [March 7] Trade deadline chaos. Dallas landed Mikko Rantanen from Carolina with an eight-year extension attached. Florida added Brad Marchand. Both teams saw their odds shorten.
• [February 15] Edmonton (+600) held steady as favorites. McDavid and Draisaitl kept tearing up the league, with the Oilers’ odds bouncing between +550 and +700.
• [February 1] Carolina’s odds shortened from +1100 to +650 after landing Rantanen, briefly making the Canes Edmonton’s biggest threat on the board.
• [January 15] Edmonton (+650) created separation from the pack after going 26-8-2 since November 8th. Cup odds moved from +1000 to +650 during the hot streak.
• [December 15] Vancouver imploded after trading J.T. Miller to the Rangers. Their odds cratered from +2800 to +6000.
• [November 15] New Jersey (+1300) dropped 10 of 14 games. Washington (+1200) rose behind a league-best defense.
• [October 24] Winnipeg started 14-1, the best opening stretch in NHL history. Despite the hot start, their Cup odds stayed stuck at +2500.
• [October 15] Edmonton (+800) opened as preseason favorites. Florida checked in at +1000, with Dallas right behind at +1100.
• [June 13] The Florida Panthers opened as +900 favorites to repeat as champions in 2025. Fresh off their Game 7 victory over Edmonton, the Panthers looked to go back-to-back, and that’s exactly what they did.

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2024 Stanley Cup Odds

The Cats finally got one. Florida’s first Stanley Cup in franchise history came down to a Game 7 against Edmonton, and they very nearly handed it back. After racing out to a 3-0 series lead, the Panthers watched the Oilers force a winner-take-all on home ice before Sergei Bobrovsky and the Cats’ forward depth pulled it out.

The Panthers closed as slight underdogs, which says everything about how the futures market viewed the matchup — Edmonton’s McDavid-Draisaitl tandem had bullied the Western Conference and was the popular pick to lift the Cup. The opening odds for 2023-24 had Colorado out front with Toronto and Edmonton chasing.

Dallas briefly emerged as the favorite during their second-round series against Colorado, only to bow out to the Oilers in the Conference Final. Below is how the market told the story month by month:

• [May 15] The Dallas Stars became the new Cup favorites after taking a 3-1 series lead over the Colorado Avalanche in Round 2.
• [December 1] The Avalanche started pulling away from the pack with updated odds of +767, while the Bruins and Rangers both surged into the top five.
• [November 1] The reigning Cup champs, the Vegas Golden Knights, were back to being a top-five favorite (+1067) after opening the regular season as longshots.
• [October 2] The Lightning got hit with bad news ahead of the new season, as goalie Andrei Vasilevskiy was set to miss the first two months of the regular season following a surgical procedure. The Bolts’ Cup odds lengthened from +1700 to +1900 as a result.
• [August 1] The Bruins’ Stanley Cup odds faded to +1480 following news that Patrice Bergeron and David Krejci were retiring. The B’s had initially opened as a top-five favorite to win the Cup.
• [July 3] The Hurricanes were big players in NHL Free Agency, signing Dmitry Orlov and Michael Bunting. Carolina became the second-favorite to win the Cup at FanDuel and DraftKings, though other books such as BetMGM still had them as +1200 longshots.
• [June 13] The Colorado Avalanche opened as +800 betting favorites to win the Stanley Cup in 2024. Two Canadian teams, the Toronto Maple Leafs (+1000) and Edmonton Oilers (+1050), rounded out the top three favorites.

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2023 Stanley Cup Odds

Sixth season, first ring. Vegas made quick work of the Florida Panthers in a five-game Final to capture the Cup — one of the fastest title runs for an expansion franchise in modern major-pro-sports history. Jonathan Marchessault took home the Conn Smythe.

2023 Closing Stanley Cup Odds

Odds as of June 13, 2023, at FanDuel Sportsbook.

Colorado opened as the favorite to repeat and immediately got bounced in Round 1. Boston spent most of the regular season at the top of the board after racking up a record-shattering 65-12-5 mark, only to also lose in Round 1, this time to Florida in seven games. Toronto, Carolina, and Dallas all cycled through favorite status during the playoffs before Vegas took over and finished the job.

The biggest odds movers of the 2023 Stanley Cup season:

• [June 13] Ahead of Tuesday’s Game 5 of the Stanley Cup Final, the Golden Knights were priced as massive -1500 favorites over the Florida Panthers. Vegas closed out the series in five.
• [May 29] The 2023 Stanley Cup Final matchup was finalized, with Vegas playing Florida in the best-of-seven series. The opening Final odds priced the Knights as -130 favorites over the Panthers, around a 56.5% implied probability.
• [May 27] Vegas became the Cup favorite despite Florida being the first team to advance to the Final. The odds implied Vegas would be favored once they closed out their Western Conference Final series with Dallas.
• [May 13] The Carolina Hurricanes emerged as the new Stanley Cup favorites at +210 after dismantling the New Jersey Devils in Round 2. Carolina’s Eastern Conference Final opponent, the Florida Panthers, were the second betting choice at +350.
• [May 1] The Stanley Cup odds saw a major shakeup following a shocking Sunday of playoff hockey. The Maple Leafs became the favorites at +350 with Boston and Colorado both getting eliminated in Round 1.
• [April 14] The Oilers (+800) surged into the top three following a nine-game winning streak to close the regular season, and the fact that they were facing the LA Kings in Round 1 didn’t hurt either.
• [April 1] The Hurricanes’ Stanley Cup odds lengthened from +700 to +925 following news that Andrei Svechnikov would miss the remainder of the regular season and playoffs with a shoulder injury. Boston’s Cup odds, meanwhile, improved from +410 to +380.
• [March 3] The Rangers acquired Patrick Kane from Chicago, shortening NYR’s Cup odds from +1400 to +1100. New Jersey landed Timo Meier, improving the Devils’ Cup odds from +1400 to +1200.
• [January 2] The Bruins (+600) overtook the Avalanche (+700) as the favorites to win the Stanley Cup. Entering the new year, Boston owned the NHL’s best record at 28-4-4, good for 60 points.
• [December 5] Boston continued to see its Stanley Cup odds shorten into December. The Bruins closed in on the Avalanche with average Cup odds of +575, with Colorado still favored at +475.
• [November 5] Boston was the best NHL team through the first 10 games, posting a 9-1 record. The Bruins’ average Cup odds shortened to +900, making them a top-three favorite.
• [October 18] Calgary was a notable early-season mover. The Flames’ average Cup odds shortened to +1000 amidst a 3-0 start to the season.
• [August 19] The Golden Knights continued to see their Cup odds worsen, fading from +1000 to +1700 during the NHL offseason. The market would have wished it back come June.
• [July 18] Carolina jumped to the second-best Stanley Cup odds alongside Toronto after acquiring Brent Burns and Max Pacioretty during free agency. Columbus signed Johnny Gaudreau, which improved their Cup odds from +10000 to +7500.
• [June 27] Immediately after winning their first Stanley Cup since 2001, Colorado opened as +500 favorites to repeat as NHL champions in 2023. The Maple Leafs had the second-best Stanley Cup odds at +900, while the Lightning opened at +1000.

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2022 Stanley Cup Odds

[sbd-amchart event=”stanley-cup” season=”2021-2022″ title=”2022 Stanley Cup Odds for Top Contenders” recap-title=”Stanley Cup Odds Movement”]

Twenty-one years between Cups, and Colorado made damn sure it was worth the wait. The Avs ran through the Western Conference, then ended Tampa Bay’s three-peat bid in six games to capture their third championship in franchise history. Cale Makar won the Conn Smythe in a tournament where he looked like the best player on the ice every night.

Colorado dominated the odds board from New Year’s onward and entered the Final as substantial -195 favorites over the Bolts. This was a chalk year — the betting favorite delivered, which doesn’t happen often in this sport.

2022 Closing Stanley Cup Odds

Odds as of June 25, 2022, at FanDuel Sportsbook.

Tracking the 2022 Stanley Cup futures market through the season:

• [June 21] Tampa recorded a dominant 6-2 win in Game 3 to get back in the series. Now trailing 2-1 in the best-of-seven, the Lightning were a +240 bet to win the Cup, a big improvement from the +500 odds they had a day earlier.
• [June 18] Up 2-0, the Avalanche improved to -600 to win their first Stanley Cup since 2001. Tampa faded to +500 in its quest to three-peat.
• [June 11] Colorado opened as a -195 favorite over the Lightning in the 2022 Stanley Cup Final.
• [June 5] Up 3-0 on Edmonton, Colorado was -190 to lift the Stanley Cup for the first time since 2001.
• [May 31] The Rangers moved to roughly +500 after a decisive Game 7 victory over Carolina. Next up waited two-time defending champion Tampa Bay, who remained second-favorites behind Colorado.
• [May 28] The Avalanche improved to +125 after a thrilling comeback victory in Game 6 against the Blues. They were set to face the Oilers in the Western Conference Final.
• [May 24] After bouncing the Panthers in four games, the Lightning became second-favorites (+330), while the Avs (+160) led the Blues 3-1 in the second round.
• [May 22] The Avs were +175 favorites after taking a 2-1 lead on the Blues in the West semis. Carolina (+350) was the top team in the East, holding a 2-0 lead on the Rangers.
• [May 10] The Flames put themselves back in third after a 3-1 win over Dallas in Game 4. At +750, Calgary was well ahead of fourth-favorites Toronto and Carolina (both +1100).
• [May 8] The Avs improved to +275 on average, holding a 3-0 lead on the Predators. Down 2-1 to the Capitals, the Panthers faded to +650.
• [May 3] The Hurricanes and Leafs both moved from +1000 to +850 on the strength of Game 1 victories over the Bruins and Lightning, respectively.
• [April 30] The Avalanche headed into the playoffs as +320 favorites, well ahead of the second-favorite Panthers at +550.
• [March 22] Following the NHL Trade Deadline, the Panthers saw their odds improve after acquiring Claude Giroux, Ben Chiarot, and a few other pieces.
• [March 16] Carolina climbed into the top five following a week where they shut out league-leading Colorado. The Avalanche subsequently saw their odds move from +400 to +425.
• [March 8] The Flames made the biggest jump in the odds since New Year’s. Calgary moved from +2500 to +1000 since January 3rd. The Islanders moved in the opposite direction, from +7000 to +13000.
• [February 21] The Colorado Avalanche’s odds continued to improve even though they were the standalone favorite. At certain online sportsbooks, the Avalanche were as low as +400.
• [February 16] The Flames continued to lead the Pacific Division and moved up the Stanley Cup odds list. Calgary went 9-1 in their last 10 games.
• [February 1] The Minnesota Wild were the most notable movers in this week’s Stanley Cup odds. The Jets continued to slide, listed at +8000 in most spots.
• [January 25] The Capitals fell in the Stanley Cup odds, sitting at +2500. The Avalanche continued to separate themselves with wins in seven of their last eight games.
• [January 17] Bruins made some noise, moving from +2000 to +1800. The Oilers returned from their COVID pause but continued to struggle.
• [January 11] The Wild kept dropping in the Cup odds, meanwhile the Penguins were surging in the East at 9-1 over their last 10.
• [January 3] The Minnesota Wild took a step back. The Hurricanes surged since the NHL came back from their temporary COVID pause. The Avalanche were the sole favorites at +550.

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2021 Stanley Cup Odds

[sbd-amchart event=”stanley-cup” title=”2021 Stanley Cup Odds for Top Contenders” recap-title=”Stanley Cup Odds Movement”]

Lightning struck twice. The Bolts dispatched a Cinderella Montreal Canadiens squad in five games to capture back-to-back Cups during a season that started in January thanks to the lingering effects of the pandemic. Andrei Vasilevskiy was an absolute wall, posting four shutouts in the playoffs and winning the Conn Smythe.

By the end of the series, the futures market had Tampa at -2000 to finish it off. Spoiler: they did.

2021 Closing Stanley Cup Odds

Odds as of July 6, 2021.

The Avalanche, Golden Knights, and Lightning rotated through the top spot during the regular season, with all three trading favorite status month to month. Then the playoffs flipped everything — Vegas and Tampa swapped favorite status multiple times before the Bolts ran the table.

How the 2021 Stanley Cup odds moved across the season:

• [July 7] The Tampa Bay Lightning won their second Stanley Cup in a row. The Lightning’s odds closed at -2000 prior to Game 5.
• [July 6] The Montreal Canadiens kept their Stanley Cup dreams alive after winning Game 4 by a 3-2 score in overtime. The Lightning were still listed as -2000 favorites at DraftKings.
• [July 3] The Tampa Bay Lightning took command of the 2021 Stanley Cup Final after a 6-3 win over Montreal in Game 3.
• [July 2] The Montreal Canadiens found themselves as massive underdogs after losing Game 2 by a score of 3-1. The Lightning’s odds shortened to -1250.
• [June 29] The Tampa Bay Lightning won Game 1 of the Stanley Cup Final, beating the Canadiens 5-1 at home. The Lightning’s odds shortened to -560.
• [June 26] After defeating the Islanders 1-0 in Game 7 of their semifinal series, the Tampa Bay Lightning opened as -250 favorites against the Canadiens in the 2021 Stanley Cup Final.
• [June 25] The Montreal Canadiens punched their ticket to the Stanley Cup Final after knocking out the Vegas Golden Knights in six games in the semis.
• [June 23] After winning Game 6 against the Vegas Golden Knights, the Canadiens became the second favorite to win the Cup. The Lightning were now the odds-on favorite.
• [June 21] The Vegas Golden Knights jumped back into the favorite spot after tying their series at 2-2 with the Montreal Canadiens.
• [June 18] The Tampa Bay Lightning were now favored to win the Stanley Cup after taking a 2-1 series lead against the New York Islanders.
• [June 17] The Golden Knights remained a narrow Cup favorite after losing Game 2 to the Canadiens. The Lightning’s odds shortened after tying their series with the Islanders.
• [June 15] After the Golden Knights and Islanders won Game 1 of their respective semifinal series, Vegas’ average odds shortened to +117, while New York’s average odds dropped to about +320.
• [June 11] The Vegas Golden Knights eliminated the Colorado Avalanche in Game 6 of the second round. Vegas became the favorites at +120.
• [June 10] The New York Islanders eliminated the Boston Bruins in six games and were set to face the Tampa Bay Lightning in Round 3. The Islanders’ average odds shortened to +525.
• [June 9] The Winnipeg Jets and Carolina Hurricanes were eliminated. The Lightning and Canadiens advanced, while Colorado trailed Vegas 3-2 in Round 2. Lightning were favored in the average odds to win the Cup at +142.
• [June 7] Tampa Bay’s odds shortened, while the Hurricanes’ average odds substantially increased. Carolina’s odds were as long as +3200 at some sportsbooks as they trailed 3-1 to Tampa.
• [June 1] The Montreal Canadiens rallied back from a 3-1 deficit to beat the Toronto Maple Leafs in the first round. The Canadiens’ odds significantly shortened from +7000 to +1700 at DraftKings.
• [May 31] The Colorado Avalanche kept leading the pack at as short as +145 at some sportsbooks.
• [May 25] After sweeping the St. Louis Blues in Round 1, the Colorado Avalanche became even bigger favorites. The Avalanche’s average odds sat around +300.
• [May 17] After the first weekend of the 2021 NHL Playoffs, the Avalanche remained the favorite. The Tampa Bay Lightning leaped Vegas for the second-best odds at +450.
• [May 13] After winning the Presidents’ Trophy, the Colorado Avalanche became the favorites to win the 2021 Stanley Cup heading into the NHL Playoffs. The Golden Knights had the second-best odds at +550.
• [April 22] The Hurricanes saw the most odds movement over a two-week stretch. Carolina’s average odds were around +1300 at the beginning of April, but had shortened to +788.
• [April 12] The Boston Bruins were the biggest movers following the NHL Trade Deadline. Boston acquired Taylor Hall and Curtis Lazar from the Sabres as their average odds shortened from +2000 to +1650.
• [March 31] The Colorado Avalanche reclaimed their spot as the favorite to win the 2021 Stanley Cup. The Avalanche’s odds shortened from +733 to +508.
• [March 22] The Washington Capitals broke into the top 10 after winning four of their last five.
• [March 1] The Tampa Bay Lightning became the new favorites to win the 2021 Stanley Cup. The Lightning’s average odds shortened from +767 to +608 over two weeks.
• [February 18] The Vegas Golden Knights passed the Colorado Avalanche in the 2021 Stanley Cup odds, becoming the new favorites at +717.
• [January 27] The Montreal Canadiens continued their climb as their average odds shortened from +2167 to +1567.
• [September 28] The Tampa Bay Lightning were favored at +863 to repeat as Stanley Cup champions in the opening odds.

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2020 Stanley Cup Odds

Bubble hockey, baby. The 2019-20 season got chopped in half by COVID, sent every playoff team to Toronto and Edmonton hub cities for two months, and somehow produced one of the more compelling Cup runs in recent memory. Tampa Bay finally got over the playoff hump, beating Dallas 4-2 to capture the franchise’s second championship. Victor Hedman won the Conn Smythe.

The Bolts were among the favorites all year. Dallas? Not so much. The Stars were nobody’s pick coming out of the pause and ran the West behind Anton Khudobin’s career run in net.

2020 Closing Stanley Cup Odds

Odds as of September 27, 2020.

Odds movement notes from the wildest NHL season in modern history:

• [September 27] The Stars trimmed Tampa’s lead to 3-2 with a double-overtime victory in Game 5. The Lightning dropped from -3335 to -560, while Dallas improved from +1500 to +450.
• [September 26] A 5-4 OT win in Game 4 gave Tampa a 3-1 series lead and shortened their odds to -3335. Dallas was a +1500 longshot to pull off an improbable comeback.
• [September 24] Up 2-1 after Game 3, Tampa Bay was an incredibly short -520 to win the 2020 Cup. Dallas’ odds faded to +411.
• [September 22] A Game 2 win to even the series made the Bolts’ odds (-195) even shorter than when the series started.
• [September 19] Dallas’ Game 1 victory sent their odds from +160 to -114, while Tampa faded from -180 to -106.
• [September 17] Tampa opened at -180 against the Stars (+160) to open the Stanley Cup Final.
• [September 13] Up 3-1 on the Golden Knights (+575), the Dallas Stars (+198) finally had better odds than Vegas to win the Cup.
• [September 8] TB’s 8-2 beatdown of NYI in Game 1 of the Eastern Conference Final moved the Lightning into the driver’s seat at +100.
• [September 4] The Flyers (+900) and Canucks (+1600) were at +3500 and +125000, respectively, 72 hours earlier. Both clawed back from 3-1 series deficits to force Game 7s against the Islanders and Golden Knights.
• [August 17] Holding a 3-1 lead on Chicago, Vegas (+325) became the Stanley Cup favorite, narrowly ahead of Colorado (+350).
• [August 10] The Flyers and Golden Knights were listed as co-favorites at +550 heading into the first round of the playoffs.
• [August 5] Tampa Bay (+500) had the inside track on the #1 seed in the East and was alone at the top of the odds.
• [May 11] The second-tier favorites generally got longer with the MLB planning a shortened, expanded-playoff format. Fewer games meant greater likelihood for unexpected outcomes.
• [March 18] With ample time to mull it over, bettors and sportsbooks evidently believed the Flyers were legit Cup contenders. The hottest team in the league at the time of the COVID pause became a top-five favorite at +900.
• [March 13] Some sportsbooks left their NHL futures up during the coronavirus hiatus. Consensus was that the pause helped the league-leading Bruins (+500), who had more time to recover after a deep playoff run the previous season.
• [February 25] After the trade deadline, the odds didn’t shift much. Tampa’s additions of Blake Coleman and Zach Bogosian consolidated their status as favorites at +550.
• [December 27] The Capitals were the sole favorite at +750, sitting three points clear of the league with 57 points in 38 games.
• [November 26] The Islanders leapt all the way to third in the futures odds (+1000) thanks to a 17-game point streak.
• [October 29] Colorado moved to the top of the odds, tied with the Maple Leafs at +700. Tampa (+800), Boston (+850) and Vegas (+850) rounded out the top five.
• [June 13] The Tampa Bay Lightning opened as the favorites to win the 2020 Stanley Cup. The Vegas Golden Knights had the best odds among Western Conference teams.

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2019 Stanley Cup Odds

From last place to a Stanley Cup. The St. Louis Blues were dead last in the NHL on January 3, 2019, and then proceeded to flip a switch behind rookie goalie Jordan Binnington, win the franchise’s first championship, and beat Boston in a Game 7 on the road. Ryan O’Reilly took home the Conn Smythe.

The futures market never bought it. The Blues were underdogs in basically every series they played, and even in the closing odds for the Final, Boston was a sizable -178 favorite. Bettors who took the +160 on St. Louis cashed one of the better futures tickets of the era.

2019 Closing Stanley Cup Odds

The first round was an absolute bloodbath. Tampa Bay — the Presidents’ Trophy winner — got swept by Columbus. The other three division winners (Calgary, Nashville, Washington) also went home in Round 1. Boston was the team left standing as the futures market’s favorite, and they came an OT goal or two away from making good on it.

The shifts that defined the 2019 Stanley Cup futures market:

• [June 10] The Bruins forced a Game 7 and were listed as -145 favorites to hoist the Cup.
• [June 7] The Blues picked up a win on the road in Game 5, taking a 3-2 series lead in the Stanley Cup Final. They were heavily favored to close it out at -290 odds.
• [June 4] The Blues evened the series 2-2, and their odds went back to +140, which is roughly where they were to start the Final.
• [June 2] After a commanding 7-2 victory in Game 3 to take a 2-1 series lead, the Bruins were heavy -340 favorites.
• [May 30] The Blues stole Game 2 on the road in OT and saw their average odds go from +250 to +110 as a result.
• [May 28] After winning Game 1 of the Stanley Cup Final, the Bruins’ average odds moved from -160 to -300.
• [May 22] The Boston Bruins opened as favorites over the St. Louis Blues in the 2019 Stanley Cup Final.
• [May 17] After sweeping the Hurricanes, the Bruins saw their average Stanley Cup odds shorten to -150, making them the odds-on favorite.
• [May 9] The Bruins still had the best odds to win the Cup with the Conference Finals set, while the Sharks, after defeating the Avalanche in Game 7, had the second-best odds.
• [May 3] The Carolina Hurricanes became the favorites to win the Cup after taking a 3-0 series lead on the Islanders.
• [April 25] After all four division-winners fell in the first round of the NHL Playoffs, the Boston Bruins were left as the favorites entering Round 2.
• [April 15] With the Lightning down 3-0 in their first-round series to the Blue Jackets, the Washington Capitals became Stanley Cup favorites.
• [April 1] At +220 on average, Tampa Bay’s odds were the shortest they had been all year, just in time for them to get swept in Round 1.
• [February 26] After a four-month hiatus, the Bruins were once again a top-five Cup contender.

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2018 Stanley Cup Odds

Ovi got his Cup. After 13 seasons of “but can he win the big one?”, Alex Ovechkin and the Washington Capitals finally broke through, downing the expansion Vegas Golden Knights in five games to capture the franchise’s first championship. It only took 44 years.

The expansion Knights are the bigger story from a futures market perspective. Vegas was a 500/1 longshot at multiple sportsbooks when the season opened and made the Stanley Cup Final. Some bettors who got down on that ticket retired with the proceeds. Oddsmakers also wised up to Boston midseason and shortened them aggressively once they realized that team was for real. And Tampa Bay’s odds came roaring back after missing the playoffs entirely the year before. The other notable streak: no team from California (Kings, Sharks, Ducks) made a serious title run for the first time since 2009.

2018 Canadian Teams

2018 Eastern Conference

2018 Western Conference