2025-26 NHL Eastern Conference Odds: Panthers Again Favored
NHL Eastern Conference odds for 2025-26 are on the board, with the 2024-25 season in the rearview mirror. And the favorite will hardly come as a shock.
The Florida Panthers, winners of the last three conference crowns, are atop odds to win the 2026 NHL Eastern Conference finals.
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(Feature image credit: Getty Images)
Eastern Conference Winner Odds
Time | Bet365 | BetMGM | Caesars | BallyBet | RiversCasino | |
---|---|---|---|---|---|---|
| ![]() | ![]() | ![]() | ![]() | ![]() | |
+320 | +250 | +275 | ||||
+375 | +425 | +325 | ||||
+850 | +875 | +700 | ||||
+750 | +775 | +800 | ||||
+900 | +950 | +900 | ||||
+1400 | +1300 | +1300 | ||||
+1400 | +1550 | +1700 | ||||
+1400 | +1550 | +1700 | ||||
+2800 | +3000 | +4000 | ||||
+3000 | +2500 | +5000 | ||||
+3500 | +4000 | +5000 | ||||
+3500 | +3500 | +5000 | ||||
+4000 | +4000 | +5000 | ||||
+6000 | +6600 | +5000 | ||||
+3500 | +4000 | +5000 | ||||
+7000 | +8000 | +10000 |
2025-26 NHL Eastern Conference Finals Odds
Panther Party
En route to winning their second straight Stanley Cup, the Florida Panthers dispatched the Carolina Hurricanes in the 2025 East finals. Once the Cup Final concluded, BetMGM pegged Florida as +270 chalk in 2026 NHL Eastern Conference futures odds.
The Panthers are pursuing their fourth straight Eastern Conference crown and third straight Stanley Cup.
Carolina is the No. 2 choice at +400, followed by the Tampa Bay Lightning (+700), New Jersey Devils (+875) and Toronto Maple Leafs (+950).
Opening Odds to win 2025-26 NHL Eastern Conference
The Florida Panthers are the two-time defending Eastern Conference champions. Florida opened as a +270 favorite to repeat. Following are BetMGM's opening odds to win the NHL's Eastern Conference finals in 2026:
- Florida Panthers +270
- Carolina Hurricanes +400
- Tampa Bay Lightning +700
- New Jersey Devils +875
- Toronto Maple Leafs +950
- Washington Capitals +1300
- New York Rangers +1500
- Ottawa Senators +1500
- Montreal Canadiens +2500
- New York Islanders +3000
- Columbus Blue Jackets +3500
- Boston Bruins +4000
- Detroit Red Wings +4000
- Philadelphia Flyers +4000
- Buffalo Sabres +6600
- Pittsburgh Penguins +8000
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NHL Eastern Conference Teams
The NHL Eastern Conference consists of 16 teams, divided into two divisions of eight teams: Atlantic and Metropolitan.
Atlantic Division
Boston Bruins
Buffalo Sabres
Detroit Red Wings
Florida Panthers
Montreal Canadiens
Ottawa Senators
Tampa Bay Lightning
Toronto Maple Leafs
Metropolitan Division
Carolina Hurricanes
Columbus Blue Jackets
New Jersey Devils
New York Islanders
New York Rangers
Philadelphia Flyers
Pittsburgh Penguins
Washington Capitals
NHL Eastern Conference Championship Betting History

The NHL Eastern Conference has been dominated by the Sunshine State recently, with the past five winners coming from the state. That includes the Florida Panthers in each of the past three seasons.
The Panthers captured the 2025 NHL Eastern Conference Finals by defeating the Carolina Hurricanes 4-1 in the best-of-7 series.
Previous Eastern Conference winners, with opening odds:
Year-Winner (Odds to Win)
2024-25: Florida Panthers (+460)
2023-24: Florida Panthers (+1100)
2022-23: Florida Panthers (+450)
2021-22: Tampa Bay Lightning (+350)
2020-21: NA
2019-20: Tampa Bay Lightning (+350)
2018-19: Boston Bruins (+600)
2017-18: Washington Capitals (+600)
2016-17: Pittsburgh Penguins (+500)
2015-16: Pittsburgh Penguins (+600)
2014-15: Tampa Bay Lightning (+700)
2013-14: New York Rangers (+1400)
2012-13: Boston Bruins (+700)
2011-12: New Jersey Devils (+1800)
2010-11: Boston Bruins (+800)
2009-10: Philadelphia Flyers (+800)
2008-09: Pittsburgh Penguins
2007-08: Pittsburgh Penguins
2006-07: Ottawa Senators
2005-06: Carolina Hurricanes
2004-05: NA
2003-04: Tampa Bay Lightning
2002-03: New Jersey Devils
2001-02: Carolina Hurricanes
2000-01: New Jersey Devils
1999-00: New Jersey Devils
1998-99: Buffalo Sabres
1997-98: Washington Capitals
1996-97: Philadelphia Flyers
1995-96: Florida Panthers
1994-95: New Jersey Devils
1993-94: New York Rangers
1992-93: Montreal Canadiens
1991-92: Pittsburgh Penguins
1990-91: Pittsburgh Penguins
1989-90: Boston Bruins
1988-89: Montreal Canadiens
1987-88: Boston Bruins
1986-87: Philadelphia Flyers
1985-86: Montreal Canadiens
1984-85: Philadelphia Flyers
1983-84: New York Islanders
1982-83: New York Islanders
1981-82: New York Islanders
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