2025-26 NHL Stanley Cup Final Odds: Avalanche Now the Favorite
Stanley Cup Final futures odds for 2026 are getting a little makeover, with the season now well into November. And the preseason co-favorites – the Edmonton Oilers and Vegas Golden Knights – are no longer in that spot
Rather, the Colorado Avalanche are favored in 2025-26 Stanley Cup futures odds.
Below are NHL odds to win the Stanley Cup from an array of books, followed by oddsmaker insights. Check back regularly for updates and use our BetMGM bonus code to get the most out of your action on 2026 NHL championship odds.
(Feature image: David Kirouac/Imagn Images)
Stanley Cup Champion Odds
| Time | Bet365 | BetMGM | DraftKings | Caesars | FanDuel | HardRock | RiversCasino | |
|---|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › |  › | |
| +525 | +450 | +550 | +480 | +550 | ||||
| +950 | +750 | +700 | +950 | +700 | ||||
| +800 | +800 | +750 | +800 | +750 | ||||
| +1000 | +750 | +850 | +750 | +750 | ||||
| +900 | +900 | +900 | +950 | +900 | ||||
| +1000 | +1300 | +1000 | +1400 | +1000 | ||||
| +1200 | +1200 | +1100 | +1000 | +1000 | ||||
| +900 | +1500 | +1400 | +1500 | +1400 | ||||
| +1800 | +2800 | +2500 | +2700 | +2500 | ||||
| +3300 | +3500 | +2500 | +3500 | +2500 | ||||
| +2200 | +2500 | +2500 | +2000 | +2500 | ||||
| +3000 | +3000 | +3000 | +3300 | +3000 | ||||
| +2000 | +3000 | +3000 | +2700 | +3000 | ||||
| +3000 | +3500 | +3500 | +3300 | +3000 | ||||
| +2000 | +4000 | +4000 | +3300 | +4000 | ||||
| +1800 | +4000 | +4500 | +4500 | +4000 | ||||
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2026 NHL Stanley Cup Championship Odds
Crowded At The Top
LATEST UPDATE: As of Nov. 14, there's still a gaggle of teams bunched closely at the top of NHL championship odds for 2026. Eight teams are +1400 or shorter in Stanley Cup futures.
That said, the Colorado Avalanche have created a little separation. The Avs return to the role of favorite in BetMGM's Stanley Cup Final odds, after having spent some time at the top back in June.
Colorado is the +500 top choice, after opening as the +800 third choice, quickly moving to the +600 chalk, then opening the season as the +850 co-third choice. The Avalanche are 12-1-5, scratching out at least a point in 17 of 18 games so far and leading the NHL with 29 points.
The Florida Panthers, seeking their third straight title, are the +750 co-second choice along with the Vegas Golden Knights. Florida (9-7-1) opened as the +750 favorite, then began the season as the +1100 co-sixth choice. The Panthers are 6-3-1 in their last 11 games.
Vegas (7-4-5) opened +1200 and was the +800 co-favorite with the Edmonton Oilers on Oct. 7, when the season began. Interestingly, the Knights are the co-second choice now despite a 1-3-2 slide over the last six games.
"The Avalanche and Golden Knights are two very popular teams this year, trending to more bets lately," BetMGM trading manager Christian Cipollini said.
Indeed, Colorado leads in both tickets and money in BetMGM's 2026 Stanley Cup championship odds. Vegas is No. 2 in tickets and No. 5 in money.
The Carolina Hurricanes are the +800 fourth choice. Rounding out those aforementioned eight teams at the top:
- Edmonton Oilers +900
- Tampa Bay Lightning +1200
- Dallas Stars +1300
- New Jersey Devils +1400
No other team is shorter than +2500.
Following the Avalanche and Knights in tickets at BetMGM:
- Oilers
- Toronto Maple Leafs
- Panthers
And following Avalanche in money:
- Panthers
- Oilers
- Maple Leafs
- Golden Knights
When the season began, Toronto was No. 1 in tickets and money in BetMGM's NHL futures. But the Leafs are just 8-8-2 so far, sliding out to +2500.
Bettors had little interest in Florida the past two seasons, but that's changed to a degree for the 2025-26 campaign.
"A little bit, as the Panthers are the second-most-bet-on team, by money," BetMGM trading manager Christian Cipollini said.
Needs and Liabilities
LATEST UPDATE: So who is BetMGM rooting for at the moment, with the season about to start?
"The book would be happy with the Hurricanes, Stars, Lightning and Devils as of now," Cipollini said, before noting trouble spots among legit contenders. "The Golden Knights, Avalanche and Maple Leafs are the top three in liability. The Oilers and Panthers also have liability, but are closer to break-even."
Cipollini also mentioned an under-the-radar outfit.
"From a betting perspective, the Canadiens are a long-shot team that has taken bets and whom we have liability on," he said.
Montreal opened +8000 and has improved to +3500 in Stanley Cup futures. The Canadiens were +5000 when the season began, but are off to a 10-5-2 start, leading the Atlantic Division.
At 11-5-1, the Anaheim Mighty Ducks are out to a much-better-than expected start, sitting atop the Pacific Division. The Ducks opened +15000 (150/1) and as of Nov. 7 were still +10000 (100/1), but are into +5500 on Nov. 14.
Anaheim recently went on a seven-game win streak as part of a 9-1 overall run.
Opening Odds To Win 2026 NHL Stanley Cup Final
The Florida Panthers have won two straight Stanley Cups and are going for a third. Florida opened as the +750 second choice to three-peat. The Edmonton Oilers have lost two straight Cup Finals, but opened as the +650 favorite to win next season.
Opening odds for all teams, from BetMGM:
- Edmonton Oilers: +650
- Florida Panthers: +750
- Colorado Avalanche: +800
- Dallas Stars: +850
- Carolina Hurricanes: +900
- Vegas Golden Knights: +1200
- Tampa Bay Lightning: +1500
- New Jersey Devils: +1800
- Los Angeles Kings: +2000
- Toronto Maple Leafs: +2000
- Winnipeg Jets: +2200
- Washington Capitals: +2800
- New York Rangers: +3000
- Ottawa Senators: +3300
- Minnesota Wild: +3500
- St. Louis Blues: +4000
- Utah Mammoth: +4000
- Vancouver Canucks: +5000
- New York Islanders: +6600
- Columbus Blue Jackets: +8000
- Montreal Canadiens: +8000
- Calgary Flames: +9000
- Nashville Predators: +9000
- Boston Bruins: +10000
- Detroit Red Wings: +10000
- Philadelphia Flyers: +10000
- Anaheim Ducks: +15000
- Buffalo Sabres: +15000
- Pittsburgh Penguins: +20000
- Seattle Kraken: +30000
- Chicago Blackhawks: +50000
- San Jose Sharks: +50000
Popular NHL Futures Markets
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How To Bet On NHL Futures
Many pundits believe that the Stanley Cup is the hardest trophy to win in professional sports and that’s not usually a good for bettors placing NHL Future wagers but at the same time, the payoff can be great.
The NHL Futures market in pro hockey is a simple bet and can be defined as an “Odds to win” wager. Bettors must correctly select a team to win an event that takes place a later time in the year or season. The money placed on the future wager will be locked in with a sportsbook and bettors will receive fixed odds at the time of the wager. NHL Futures can be bet on before and during the season, depending on when the sportsbooks post their future odds.
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Player Awards
The Hart Memorial Trophy is a popular NHL future wager for players. This award is given to the Most Valuable Player in the NHL regular season. The Conn Smythe Trophy is another top betting market and that award is for the MVP of the NHL Playoffs.
How Do I Bet On The Stanley Cup?
Players can bet on the Stanley Cup at all legal sportsbooks in the United States. Visit our list of legal sportsbooks in the United States for more information on where you can place NHL bets, or visit our pages:
bet365 | BetMGM | Caesars Sportsbook | DraftKings | FanDuel | FOX Bet | PointsBet | Unibet | Best US Sportsbooks
When betting on futures, the wager is based on simple math and very friendly to novice bettors. To figure out your Win Amount, take the odds and multiply by the amount wagered.
Ex. Boston Bruins (10/1) to win the NHL Stanley Cup Finals.
The Bruins are listed as a 10/1 betting choice to win the Stanley Cup Finals. If you bet $100 on Boston to win the Stanley Cup Finals and it captures the championship, then you would win $1,000 (10 ÷ 1 x 100).
You would collect $1,100, which includes your win and stake ($100). The stake is often referred to as the wager or monies placed on your future odds wager. Players reading American Odds would see Boston as +1000 in the above example while the Decimal version on the Bruins would be 11.00.
One of the best features about betting on the Stanley Cup is that you can do it year-round and more than half (16) of the 31 teams in the league will make the playoffs. Every NHL bettor knows that if you make the postseason, then you’ve got a shot to cash your Stanley Cup future odds ticket.
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