Upcoming Match-ups
  • Track the odds to win the Stanley Cup for all 32 NHL teams
  • The Edmonton Oilers are slim favorites to win the 2024 Stanely Cup
  • The graphs below show the movement in the Stanley Cup odds, starting in the offseason

This page tracks all 32 NHL teams’ odds to win the 2024 Stanley Cup. The graphs below were generated by calculating the average odds for each team from a variety of online sportsbooks.

You can see the latest 2024 NHL Stanley Cup odds here, along with how each team fares in the odds throughout the course of the 2023 NHL season. The Colorado Avalanche are currently the slight favorites to win the Stanley Cup. The Avs are +780 at most Colorado betting sites.

2024 NHL Stanley Cup Odds for Top Contenders

The Edmonton Oilers are currently the favorites to win the 2024 Stanley Cup. At +767 average odds to win the Stanley Cup, the Oilers have 11.3% implied probability to hoist Lord Stanley.

football Icon

Odds to Win Stanley Cup

Team
Best Odds
DraftKings
FanDuel
BetMGM
Bet365

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

Here are some more notes on the movement of the top contenders for the 2024 Stanley Cup:

  • [Dec 1] The Avalanche have started pulling away from the pack with updated odds of +767, while the Bruins and Rangers have both surged into the top five.
  • [Nov 1] The reigning Cup champs, the Vegas Golden Knights, are back to being a top-five favorite (+1067) after opening the regular season as longshots.
  • [Oct 2] The Lightning have been dealt a tough blow ahead of the new season, as goalie Andrei Vasilevskiy will miss the first two months of the regular season following a surgical procedure. The Bolts’ Cup odds have lengthened from +1700 to +1900 as a result.
  • [Aug 1] The Bruins Stanley Cup odds have faded to +1480 following news that Patrice Bergeron and David Krejci are retiring. The B’s 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, but other sportsbooks such as BetMGM still list them as +1200 longshots.
  • [June 13]: The Colorado Avalanche have opened as +800 betting favorites to win the Stanley Cup in 2024. Two Canadian teams, the Toronto Maple Leafs (+1000) and Edmonton Oilers (+1050), round out the top-three favorites.

 

ESPN BET


Bet Anything and Get $150!

Must manually enter promo code DIME to claim offer.

LOCK IN PROMO
CODE: DIME
CODE: DIME
SIGNUP OFFER
USE PROMO CODE
DIME

GET OFFER NOW

Stanley Cup Favorites for 2024

The current odds for the 2024 Stanley Cup see the Avalanche listed as small favorites over the rest of the league. After the Avs, the likes of the Golden Knights, Bruins and Hurricanes have the best chance to hoist Lord Stanley. Here is a little more information on each of the favorites:

Colorado Avalanche

The Colorado Avalanche are currently the favorites in the 2024 Stanley Cup odds. The Avs suffered a stunning Round 1 upset loss to Seattle Kraken in the 2023 NHL Playoffs,  but are only one year removed from their dominant Stanley Cup run in 2021-22. Colorado features one of the NHL’s most explosive players in Nathan MacKinnon, plus 2022 Norris Trophy winner Cale Makar.

Five Past Stanley Cup Winners

Year Team
2023 Vegas Golden Knights
2022 Colorado Avalanche
2021 Tampa Bay Lightning
2020 Tampa Bay Lightning
2019 St. Louis Blues

The Vegas Golden Knights won their first Stanley Cup in franchise history in 2023, becoming the fastest expansion team to win the NHL Championship. It only took six seasons for VGK to win the Stanley Cup, although the Seattle Kraken now have three years to potentially beat the record.

Vegas joins the St. Louis Blues (2019) and the Washington Capitals (2018) as the only first-time Stanley Cup winners in the last decade.

Interestingly enough, the Golden Knights and Tampa Bay Lightning are the only two teams since 2008 to lose in a Stanley Cup Final and go on to win a Cup. The Bolts lost to the Blackhawks in 2015 and went on to win in 2020 & 2021, while the Knights lost to the Capitals in 2018 and went on to win in 2023.

The other teams to lose in the finals in that span include: Detroit, Philadelphia, Vancouver, New Jersey, Boston, NY Rangers, San Jose Nashville, Vegas, Boston, Dallas, Montreal and Florida.

NHL Stats for Teams Searching for Their First Stanley Cup

Team Years in the NHL Cup Final Appearances Closest They’ve Come
Vancouver Canucks 52 3 Game 7 Cup Final losses in both 2011 and 1994. No one in Vancouver will ever forget LaFayette’s post or the ensuing riots.
Buffalo Sabres 52 2 Game 6 in 1999. Losing in overtime, no thanks to Brett Hull’s foot in the crease.
San Jose Sharks 31 1 Game 6 in 2016. They’ve never been able to shed their label as chokers.
Nashville Predators 24 1 Game 6 in 2017. Nashville fans still rue the bad call on Sissons’ go-ahead goal.
Ottawa Senators 30 1 Game 5 in 2007. A heartbreaking series for Ottawa that culminated in the infamous Emery-Phillips mixup.
Vegas Golden Knights 5 1 Game 5 in 2018. Luca Sbisa hands the game to Lars Eller to end the Knights’ historic run.
Florida Panthers 29 2 Swept by Colorado in 1996, despite the year of the rat.
Arizona Coyotes 26 0 Lost in 5 games to the LA Kings in 2012. Dustin Brown isn’t admired by Glendale faithful.
Winnipeg Jets 28 0 Defeated by the Golden Knights in 5 games in 2018. Canada’s best hope was no match for Ryan Reaves’ heroics.
Minnesota Wild 22 0 Swept in the 2003 Conference Finals. Despite a disappointing playoff history, they did end Patrick Roy’s career in spectacular fashion.
Columbus Blue Jackets 22 0 The Jackets have only won one playoff series in their history, but what a series it was, upsetting the top-seeded Lightning in 2019.

Coyotes fans have had a little bit more to cheer for with AZ online sports betting live, plus a new arena in development. It’s been a disappointing few seasons for Arizona fans, but if bettors have been loyal to the “Fade the Coyotes” trend, then at least they’re making some solid coin.

Canadian Stanley Cup Winners

Team Stanley Cups Finals Appearances Last Championship Last Finals Appearance
Montreal Canadiens 24 34 1993 2021
Toronto Maple Leafs 13 21 1967 1967
Edmonton Oilers 5 7 1990 2006
Calgary Flames 1 3 1989 2004
Vancouver Canucks 0 3 N/A 2011
Ottawa Senators 0 1 N/A 2007
Winnipeg Jets 0 0 N/A N/A

No Canadian won the Stanley Cup in 2023, extending Canada’s Stanley Cup drought to 30 years. Auston Matthews and the Toronto Maple Leafs did finally win a playoff round, however, inspiring some future hope for one of the most beloved Canadian teams. Canada sports betting sites continue to offer odds for all Canadian NHL teams.

The run of futility for Canadian teams, which dates back to 1993, is reaching incredible heights. During that time, Canadian teams have comprised a minimum of 21.88% of the NHL (at least 7 out of 32 teams). For the vast majority of that span, Canadian teams have actually made-up a greater percentage of the league (23.33% of the NHL from 2000 until Vegas joined in 2017).

A total of 28 Stanley Cups have been awarded since Montreal won in 1993. If you think of the NHL as rolling a 30-sided die, on which seven sides are Canadian teams, the chances of it landing on non-Canadian teams 28 straight times is 0.236%.

Canadian teams have reached the Stanley Cup finals six times since 1993 (Vancouver, 1994; Calgary, 2004; Edmonton, 2006; Ottawa, 2007; Vancouver, 2011; Montreal, 2021). Even if we say the Canadian teams – which were largely underdogs in those series – only had a 40% chance of winning the finals, on average, there was still only a 4.67% chance that they would go 0-for-6.

Stanley Cup Odds FAQ

Who has the best odds to win the Stanley Cup?

The Colorado Avalanche have the best odds to win the Stanley Cup. The Avs opened as +800 favorites for the 2023-24 season.

Who won the Stanley Cup last year?

The Vegas Golden Knights won the Stanley Cup last season (2023).

Which NHL team has the most Stanley Cups?

The Montreal Canadiens have the most Stanley Cups with 23.

When was the first Stanley Cup awarded?

The first Stanley Cup was handed out in 1893, which predates the founding of the NHL (1917) by 24 years.


Archived Stanley Cup Odds: 2022, 2021, 2020, 2019, 2018

Author Image

Brady is the lead NHL and College Football editor at Sports Betting Dime, where he specializes in betting odds and data-driven analysis. Brady has over 10 years experience working in sports media, with work published by outlets such as ESPN, CBS Sports, Yahoo! Sports and Fox Sports.