Stanley Cup Odds & Favorites 2024: Hurricanes, Panthers Favorites Ahead of Second Round
The 2024 Stanley Cup Playoffs have claimed two teams and a cluster of teams led by the Carolina Hurricanes sit atop the Stanley Cup odds from our best NHL betting sites.
The Carolina Hurricanes entered the 2024 postseason as the consensus favorites based on the Stanley Cup odds from our best sports betting sites. The Hurricanes' odds have continued to shorten through the first round as they eliminated the New York Islanders and set up a second-round battle with the New York Rangers.
The Florida Panthers punched their ticket to the second round by eliminating the Tampa Bay Lightning on Monday. Over the Western Conference, the Colorado Avalanche joined them on Tuesday.
The Edmonton Oilers have a 3-1 lead over the Los Angeles Kings and have their first crack at the second round when the two clubs meet Wednesday.
Elsewhere, the Boston Bruins hold a 3-2 lead over the Toronto Maple Leafs, the Vancouver Canucks hold a 3-2 lead over the Nashville Predators, and the Dallas Stars and Vegas Golden Knights are squared up 2-2.
We're breaking down the latest Stanley Cup odds from our best sports betting apps below.
Stanley Cup betting odds 2024
(Stanley Cup odds as of May 1)
| Team | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Hurricanes | +400 | +390 | +400 | +380❄️ | +400 |
| Panthers | +475 | +500 | +500 | +425❄️ | +500 |
| Oilers | +500 | +500 | +500 | +480 | +400 ❄️ |
| Avalanche | +550 | +600 🔥 | +550 | +525 ❄️ | +550 |
| Rangers | +700 | +700 | +650 | +600 | +600 |
| Stars | +900 | +850 | +850 | +900 | +850 |
| Bruins | +1100 | +1000 | +1100 | +1000 | +1100 |
| Golden Knights | +1800 | +2100🔥 | +1800 | +1800 | +1500 ❄️ |
| Canucks | +2200 | +1800 | +1700 | +2200 | +1600 ❄️ |
| Maple Leafs | +4500 | +3700 ❄️ | +4000 | +7500 🔥 | +4000 |
| Predators | +7000 | +6000 | +6600 | +7500 🔥 | +5000 ❄️ |
| Kings | +15000 | +16000 | +15000 | +17500 🔥 | +12500 ❄️ |
2024 Stanley Cup favorites
Hurricanes (+400 via bet365)
The Hurricanes entered the Stanley Cup playoffs as the hottest team in the NHL, and despite one blip against the New York Islanders that prevented the sweep, they moved on to the second round with relative ease.
The Hurricanes knocked out the Isles with a 6-3 win on Tuesday and will now face the New York Rangers with a trip to the Eastern Conference finals on the line.
Panthers (+500 via BetMGM)
The Panthers awoke from their slumber just in time, winning four straight games to close the season and claim first place in the Atlantic Division. They were chugging right along before a Game 4 loss to the Tampa Bay Lightning, but they completed the task on Monday to send the Lightning home and advance to the second round.
Florida now awaits the winner of the Boston vs. Toronto series to determine its next opponent.
Golden Knights (+2100 via FanDuel)
Vegas lost both of its home games in the series after jumping out to a 2-0 series lead against the Dallas Stars, but this has been a very tight series and can certainly swing again as it shifts back to American Airlines Center in Texas.
The Golden Knights have the pedigree to go all the way, but they'll need to find a way to solve Stars goaltender Jake Oettinger in short order to make it a reality.
NHL Round 1 matchups
| Western Conference | Eastern Conference |
|---|---|
| Stars (2) vs. Golden Knights (2) | Panthers (4) def. Lightning (1) |
| Avalanche (4) def. Jets (1) | Bruins (3) vs. Maple Leafs (2) |
| Canucks (3) vs. Predators (2) | Rangers (4) def. Capitals (0) |
| Oilers (3) vs. Kings (1) | Hurricanes (4) def. Islanders (1) |
Stanley Cup odds over time
The Hurricanes, Avalanche, Panthers, and Stars have been the biggest 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 April 29, 2024 (bet365) |
|---|---|---|---|
| Hurricanes | +1200 | +650 | +450 |
| Avalanche | +800 | +700 | +600 |
| Panthers | +2000 | +700 | +550 |
| Oilers | +1000 | +750 | +400 |
| Rangers | +1400 | +900 | +600 |
| Stars | +1600 | +900 | +1200 |
| Bruins | +1100 | +1000 | +900 |
| Golden Knights | +1200 | +1200 | +1000 |
| Canucks | +5000 | +1600 | +1300 |
| Maple Leafs | +1000 | +1400 | +9000 |
| Lightning | +1400 | +2500 | +10000 |
| Jets | +4000 | +1800 | +8000 |
| Kings | +2000 | +3500 | +12500 |
| Predators | +5000 | +4000 | +12500 |
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 Cup 2023-24 winning conference odds
Odds as of April 29
Stanley Cup 2023-24 winning division odds
Odds as of April 29
Stanley Cup matchup odds
Odds via FanDuel as of April 30
| Teams | Odds |
|---|---|
| Hurricanes vs. Oilers | +850 |
| Panthers vs. Oilers | +950 |
| Rangers vs. Oilers | +1100 |
| Hurricanes vs. Avalanche | +1100 |
| Panthers vs. Avalanche | +1200 |
| Hurricanes vs. Stars | +1400 |
| Bruins vs. Oilers | +1400 |
| Rangers vs. Avalanche | +1500 |
| Panthers vs. Stars | +1600 |
| Rangers vs. Stars | +1800 |
| Bruins vs. Avalanche | +1800 |
Stanley Cup exact result odds
Odds via FanDuel as of April 30
| Teams | Odds |
|---|---|
| Hurricanes to beat Oilers | +1600 |
| Oilers to beat Hurricanes | +1800 |
| Panthers to beat Oilers | +1800 |
| Hurricanes to beat Avalanche | +1900 |
| Oilers to beat Panthers | +2000 |
| Rangers to beat Oilers | +2200 |
| Oilers to beat Rangers | +2200 |
| Panthers to beat Avalanche | +2200 |
| Avalanche to beat Hurricanes | +2400 |
| Stars to beat Hurricanes | +2600 |
Stanley Cup champion: Canadian teams vs. field odds
Odds via FanDuel as of April 29
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.
Projected NHL draft order
Draft order as of April 19
| Pick | Team |
|---|---|
| 1 | San Jose Sharks |
| 2 | Chicago Blackhawks |
| 3 | Anaheim Ducks |
| 4 | Columbus Blue Jackets |
| 5 | Montreal Canadiens |
| 6 | Arizona Coyotes |
| 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 Carolina Hurricanes are the Stanley Cup favorites across our best live betting sites, trading as short as +380, representing an implied win probability of 20.83%.
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
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| Norris Trophy Odds | Vezina Trophy Odds | Rocket Richard Odds |
| Jack Adams Award Odds | Conn Smythe Trophy Odds | NHL Draft Odds |
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