Stanley Cup Odds & Favorites 2024: Panthers Eke Away as Favorites
The Stanley Cup odds from our best NHL betting sites are moving more and more significantly with every game played as Round 2 is well underway with the Florida Panthers pulling away as the latest betting favorites.
As the second round of the NHL playoffs presses on, we have a new consensus favorite at our best sports betting sites. The Carolina Hurricanes have long held that role since the postseason began but are on the brink of elimination after losing three straight to the New York Rangers. But it's the Florida Panthers, who have a 3-1 series lead over the Boston Bruins, who retain the top spot after a Game 4 victory filled with controversy.
The Edmonton Oilers were the favorites at some of the best sports betting apps heading into the second round, but they've moved down the oddsboard and are now behind the Dallas Stars as the favorite to emerge from the Western Conference. Edmonton fell behind 2-1 in its series vs. Vancouver but is still in the top four by the odds.
We're breaking down the latest Stanley Cup odds below.
Stanley Cup betting odds 2024
(Stanley Cup odds as of May 13)
| Team | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Panthers | +225 ❄️ | +240 | +240 | +230 | +275 🔥 |
| Stars | +350 | +310 ❄️ | +360 | +350 | +400 🔥 |
| Rangers | +400 | +380 | +400 | +380 | +350 ❄️ |
| Oilers | +700 🔥 | +600 | +600 | +600 | +450 ❄️ |
| Avalanche | +1000 | +950 | +900 | +1000 | +850 ❄️ |
| Canucks | +1300 🔥 | +1100 | +1200 | +1200 | +700 ❄️ |
| Hurricanes | +2000 | +1800 | +1800 | +2200 🔥 | +1700 ❄️ |
| Bruins | +6000 | +7500 | +6000 | +7500 | +6000 |
2024 Stanley Cup favorites
Panthers (+275 via bet365)
The Panthers are squarely in control of their second-round series against the Bruins after taking a controversy-filled Game 4 by a 3-2 to sweep two games in Boston. The victory gave the Panthers a 3-1 lead in the series and have them firmly in the driver's seat to advance to the Eastern Conference Finals.
This all has Florida sitting pretty atop the Stanley Cup oddsboard, and there's a +275 ticket still available at bet365.
Rangers (+400 via BetMGM)
The Rangers have vaulted to the top of the oddsboard by opening the second round with three straight victories over the Hurricanes. New York is in the driver's seat to advance to the Eastern Conference Final by playing a physical game and an adept offense. They missed their first chance to advance on Sunday and will try to end the series in five on home ice on Monday.
Oilers (+700 via DraftKings)
Edmonton posted the fourth-most regular season goals, and the offense hasn't slowed much to begin the playoffs. The Oilers netted at least four goals in four of their five opening-round games en route to eliminating the Los Angeles Kings 4-1. They've hit that mark in two of their first three games again the Canucks.
However, the most significant question out of Alberta ahead of Edmonton's second-round series against the Vancouver Canucks is if the goaltending can hold up, and so far that hasn't been the case. Vancouver has 5-4 and 4-3 victories through the series first two games, and Edmonton finds itself in a 2-1 hole heading to Game 4.
Round 2 matchups
| Western Conference | Eastern Conference |
|---|---|
| Oilers (1) vs. Canucks (2) | Hurricanes (1) vs. Rangers (3) |
| Avalanche (1) vs. Stars (2) | Panthers (3) vs. Bruins (1) |
Stanley Cup odds over time
The Hurricanes, Avalanche, Panthers, and Stars have been the most significant movers over the last couple of weeks. The Rangers are also surging, while the Bruins have rebounded from a recent slide.
| Team | Odds on June 13, 2023 | Odds on April 8, 2024 | Odds on May 13, 2024 (bet365) |
|---|---|---|---|
| Hurricanes | +1200 | +650 | +1700 |
| Avalanche | +800 | +700 | +850 |
| Panthers | +2000 | +700 | +275 |
| Oilers | +1000 | +750 | +450 |
| Rangers | +1400 | +900 | +350 |
| Stars | +1600 | +900 | +400 |
| Bruins | +1100 | +1000 | +6000 |
| Golden Knights | +1200 | +1200 | OFF |
| Canucks | +5000 | +1600 | +700 |
| Maple Leafs | +1000 | +1400 | OFF |
| Lightning | +1400 | +2500 | OFF |
| Jets | +4000 | +1800 | OFF |
| Kings | +2000 | +3500 | OFF |
| Predators | +5000 | +4000 | OFF |
Stanley Cup 2023-24 winning conference odds
Odds as of May 13
Stanley Cup 2023-24 winning division odds
Odds as of May 13
Stanley Cup matchup odds
Odds via FanDuel as of May 13
| Teams | Odds |
|---|---|
| Panthers vs. Stars | +340 |
| Rangers vs. Stars | +440 |
| Panthers vs. Oilers | +650 |
| Rangers vs. Oilers | +850 |
| Panthers vs. Canucks | +850 |
| Panthers vs. Avalanche | +950 |
| Rangers vs. Canucks | +1000 |
| Rangers vs. Avalanche | +1100 |
| Hurricanes vs. Stars | +2100 |
| Hurricanes vs. Oileres | +3500 |
| Hurricanes vs. Canucks | +4400 |
Stanley Cup exact result odds
Odds via FanDuel as of May 13
| Teams | Odds |
|---|---|
| Stars to beat Panthers | +750 |
| Panthers to beat Stars | +750 |
| Stars to beat Rangers | +850 |
| Rangers to beat Stars | +1000 |
| Panthers to beat Canucks | +1200 |
| Panthers to beat Oilers | +1300 |
| Oilers to beat Panthers | +1400 |
| Oilers to beat Rangers | +1500 |
| Panthers to beat Avalanche | +1800 |
| Rangers to beat Canucks | +1800 |
Stanley Cup champion: Canadian teams vs. field odds
Odds via FanDuel as of May 13
Eastern Conference champion
Odds via DraftKings on May 13
Western Conference champion
Odds via DraftKings on May 13
Stanley Cup opening odds
Stanley Cup opening odds as of June 13, 2023.
| Team | Odds |
|---|---|
| Avalanche | +800 |
| Oilers | +1000 |
| Maple Leafs | +1000 |
| Bruins | +1100 |
| Hurricanes | +1200 |
| Devils | +1200 |
| Golden Knights | +1200 |
| Rangers | +1400 |
| Lightning | +1400 |
| Stars | +1600 |
| Panthers | +2000 |
| Kings | +2000 |
| Flames | +2500 |
| Wild | +3000 |
| Penguins | +3500 |
| Sabres | +4000 |
| Senators | +4000 |
| Jets | +4000 |
| Red Wings | +5000 |
| Predators | +5000 |
| Islanders | +5000 |
| Kraken | +5000 |
| Canucks | +5000 |
| Blues | +6600 |
| Capitals | +6600 |
| Blackhawks | +12500 |
| Blue Jackets | +12500 |
| Coyotes | +15000 |
| Canadiens | +15000 |
| Flyers | +15000 |
| Sharks | +15000 |
| Ducks | +20000 |
Stanley Cups won by division
Here's a look at the number of Stanley Cups won by division since the NHL adopted the four-division format for the 2013-14 season.
| Division | Stanley Cups won |
|---|---|
| Atlantic | 2 |
| Metropolitan | 3 |
| Central | 3 |
| Pacific | 2 |
Past Stanley Cup winners
| Year | Team | Preseason odds |
|---|---|---|
| 2023 | Vegas Golden Knights | +1800 |
| 2022 | Colorado Avalanche | +600 |
| 2021 | Tampa Bay Lightning | +900 |
| 2020 | Tampa Bay Lightning | +675 |
| 2019 | St. Louis Blues | +3000 |
| 2018 | Washington Capitals | +1125 |
| 2017 | Pittsburgh Penguins | +1100 |
| 2016 | Pittsburgh Penguins | +1300 |
| 2015 | Chicago Blackhawks | +700 |
| 2014 | Los Angeles Kings | +1200 |
NHL teams with the most Stanley Cups
| Team | Stanley Cup wins | Stanley Cup appearances |
|---|---|---|
| Canadiens | 24 | 35 |
| Maple Leafs | 13 | 21 |
| Red Wings | 11 | 24 |
| Bruins | 6 | 20 |
| Blackhawks | 6 | 13 |
| Oilers | 5 | 7 |
| Penguins | 5 | 6 |
| Islanders | 4 | 5 |
| Rangers | 4 | 11 |
| Avalanche | 3 | 3 |
| Devils | 3 | 5 |
| Lightning | 3 | 3 |
How to read Stanley Cup odds
Stanley Cup odds reflect the probability of each NHL team winning the championship and are typically presented in American odds format (+XXX). Lower odds signify favoritism, while higher odds indicate underdog status.
A team with +750 odds to win the Stanley Cup is given an 11.76% implied probability of doing so with a $10 bet returning a $75 profit with a victory. A team with +1500 odds would have higher or longer odds, and a lower implied probability of 6.25%, but a win on a $10 bet would return a profit of $150.
Bettors should consider team performance, roster strength, injuries, and historical trends when assessing odds. By comparing odds across sportsbooks, individuals can make informed betting decisions during the NHL playoffs.
NHL draft order
Draft order as of May 8
The first 16 picks are set following the Draft Lottery. The remaining picks will be settled as the playoffs progress.
| Pick | Team |
|---|---|
| 1 | San Jose Sharks |
| 2 | Chicago Blackhawks |
| 3 | Anaheim Ducks |
| 4 | Columbus Blue Jackets |
| 5 | Montreal Canadiens |
| 6 | Utah |
| 7 | Ottawa Senators |
| 8 | Seattle Kraken |
| 9 | Calgary Flames |
| 10 | New Jersey Devils |
| 11 | Buffalo Sabres |
| 12 | Philadelphia Flyers |
| 13 | Minnesota Wild |
| 14 | San Jose Sharks (via Penguins) |
| 15 | Detroit Red Wings |
| 16 | St. Louis Blues |
| 17 | Washington Capitals |
| 18 | New York Islanders |
| 19 | Vegas Golden Knights |
| 20 | Chicago Blackhawks (via Lightning) |
| 21 | Los Angeles Kings |
| 22 | Nashville Predators |
| 23 | Toronto Maple Leafs |
| 24 | Anaheim Ducks (via Oilers) |
| 25 | Colorado Avalanche |
| 26 | Ottawa Senators (via Bruins) |
| 27 | Montreal Canadiens (via Jets) |
| 28 | Carolina Hurricanes |
| 29 | Calgary Flames (via Canucks) |
| 30 | Philadelphia Flyers (via Panthers) |
| 31 | Dallas Stars |
| 32 | New York Rangers |
Stanley Cup Final FAQs
Who is the Stanley Cup Final favorite?
The Florida Panthers are the Stanley Cup favorites across most of our best live betting sites, trading as short as +225, representing an implied win probability of 30.77%.
When did the NHL playoffs start?
The NHL playoffs began on Saturday, April 20, 2024.
When will the Stanley Cup Final start?
Last year, Game 1 of the Stanley Cup Final took place on Saturday, June 3. The NHL will announce the beginning of the 2024 final closer to next spring.
Who won the Stanley Cup last year?
The Vegas Golden Knights won the 2022-23 Stanley Cup Final, defeating the Florida Panthers in five games.
NHL betting odds pages
| Stanley Cup Odds | Hart Trophy Odds | Calder Trophy Odds |
| Norris Trophy Odds | Vezina Trophy Odds | Rocket Richard Odds |
| Jack Adams Award Odds | Conn Smythe Trophy Odds | NHL Draft Odds |
Here are our best NHL betting sites:
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- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
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* Bonuses not applicable in Ontario.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
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