Last Updated Jun 13 2025, 2:22 AM

2024-25 NHL Stanley Cup Final Odds: Oilers Again Favorites vs. Panthers

NHL Futures Odds

Stanley Cup Final futures odds for 2025 are now down to two teams. And interestingly enough, it's the same two teams as last season.

The defending champion Florida Panthers meet the Edmonton Oilers for a second straight year. The two two teams split the first four games, with each team getting a home and road win, and Edmonton is now the slim favorite in Stanley Cup odds.

Check back regularly for updates and use our BetMGM bonus code to get the most out of your action on 2025 NHL odds.

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NHL Stanley Cup Championship Odds

Tied At Two

NHL championship odds are attracting more attention as the 2024-25 playoffs move through the Stanley Cup Final. The Edmonton Oilers notched a thrilling 4-3 overtime win in Game 1. But an equally thrilling Game 2 saw the Florida Panthers win 5-4 in double overtime.

Then in Game 3, Florida completely dominated at home in a 6-1 blowout. But in Game 4, on the road, Edmonton rallied from a 3-0 first-period deficit, forced overtime with a 4-4 tie, then won 5-4.

Prior to the series opener, Edmonton was -120 chalk in BetMGM's Stanley Cup futures odds, and Florida was even money. The odds went to Oilers -250/Panthers +200 after Game 1, then to -110 on both sides after Game 2.

With the Panthers' impressive Game 3 win, Cup odds shifted to Florida -250/Edmonton +200. Now, with the series tied at 2, it's Oilers -115/Panthers -105.

It's worth noting that a Canadian team hasn't won the Stanley Cup since Montreal did so in 1993. And BetMGM would prefer it stay that way and get the same result as last year: Florida beating Edmonton.

"We want the Panthers, for sure. That's our best outcome. The Oilers are a loser for us," BetMGM trading manager Christian Cipollini said.

Added senior trader Matthew Rasp: "The Oilers have been a losing result for us all season. And we hope anyone besides Connor McDavid or Sergei Bobrovsky wins the Conn Smythe Trophy."

Game 5 of the Stanley Cup Final is at 8 p.m. ET Saturday, with the series returning to Edmonton. The Oilers are -120 favorites, while the Panthers are even money on the Game 5 moneyline in Stanley Cup odds.

Check back regularly for updates and use our BetMGM bonus code to get the most out of your action on NHL championship odds.

Opening Odds To Win 2025 NHL Stanley Cup Final

The Florida Panthers won their first Stanley Cup in 2024 and opened as a +900 betting choice (bet $100 to win $900) to repeat as champions for the 2024-25 NHL season.

Opening odds for all teams, from last summer:

Edmonton Oilers: +600
Carolina Hurricanes: +650
Florida Panthers: +850
Dallas Stars: +900
Toronto Maple Leafs: +1100
New Jersey Devils: +1200
Washington Capitals: +1200
Vegas Golden Knights: +1200
Colorado Avalanche: +1300
Winnipeg Jets: +1300
Los Angeles Kings: +1800
Tampa Bay Lightning: +1800
Minnesota Wild: +2500
New York Rangers: +3500
Ottawa Senators: +4000
Boston Bruins: +5000
Vancouver Canucks: +6000
New York Islanders: +10000
Calgary Flames: +15000
Detroit Red Wings: +15000
Nashville Predators: +15000
Columbus Blue Jackets: +15000
Utah Hockey Club: +20000
St. Louis Blues: +25000
Montreal Canadiens: +25000
Philadelphia Flyers: +25000
Pittsburgh Penguins: +40000
Buffalo Sabres: +40000
Seattle Kraken: +50000
Chicago Blackhawks: +50000
Anaheim Ducks: +100000
San Jose Sharks: +100000

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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:

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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Patrick Everson

Patrick Everson is a senior reporter for VegasInsider. Based in Las Vegas since 1994, he's worked in the sports betting journalism/content space for more than a decade. He's most known for his deep roster of contacts behind sportsbook counters, providing readers and viewers with the ins-and-outs of how events are being bet. He's also a thought leader in the sports betting space, often appearing on or moderating panels at national conferences. More from Patrick Everson