2025-26 NHL Stanley Cup Final Odds: Avalanche Remain Favorite
Stanley Cup Final futures odds for 2026 attracted some interest as the trade deadline came and went on March 6. But the favorite remained the same.
The Colorado Avalanche are still atop 2025-26 Stanley Cup odds, though the Tampa Bay Lightning are closing the gap.
Prediction markets are in the mix, as well, with prediction market apps such as Kalshi offering users a way to trade contracts on odds to win the Stanley Cup. Below are 2026 Stanley Cup odds from Kalshi. Use our Kalshi promo code to get started by clicking on the module below.
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 | |
|---|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › |  › | |
| +300 | +300 | +300 | +300 | +330 | +300 | +250 | ||
| +400 | +450 | +450 | +450 | +380 | +400 | +450 | ||
| +500 | +550 | +450 | +550 | +500 | +500 | +550 | ||
| +1000 | +900 | +1100 | +1200 | +1000 | +1000 | +1100 | ||
| +1200 | +1400 | +1200 | +1100 | +1200 | +1200 | +1300 | ||
| +1400 | +1300 | +1200 | +1200 | +1700 | +1400 | +1700 | ||
| +1800 | +1600 | +1600 | +1200 | +1800 | +1750 | +1700 | ||
| +1800 | +1400 | +1600 | +2500 | +1900 | +1750 | +1700 | ||
| +2500 | +3500 | +2000 | +2000 | +3000 | +2500 | +3000 | ||
| +2200 | +4000 | +2000 | +3500 | +2000 | +2250 | +3000 | ||
| +4000 | +3500 | +3000 | +4000 | +4500 | +4000 | +5000 | ||
|
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2026 NHL Stanley Cup Championship Odds
Steady at the Top
LATEST UPDATE: Through March 6, after the trade deadline expired, the scorching-hot Colorado Avalanche were +225 favorites in BetMGM's NHL championship odds. Since then, the Avs have slipped a bit, but are still solid at +290 on March 10.
One look at the standings will tell you why.
Colorado is 43-10-9 for 95 points, tops in the NHL. And that's after the Avs fell back a bit over the past six weeks or so. Through 48 games, Colorado was a superb 34-5-9, getting at least a point in 43 games.
"The Avalanche are still our most-bet-on team, by a wide margin. I think that will continue for the rest of the regular season," BetMGM trading manager Christian Cipollini said.
"It's reflected in the odds," BetMGM trading manager Christian Cipollini said. "Bettors are still firing away on Colorado. Currently, Colorado has more than double the money of the next closest team."
Colorado also has double the ticket count of any other team in Stanley Cup futures.
"The short price has not kept people away. The Avalanche are now a liability at BetMGM," Cipollini said.
The Tampa Bay Lightning (39-19-4, 82 points) lead the Eastern Conference and are gaining ground on Colorado. On Jan. 20, the Lightning were the +650 second choice. Now, Tampa is into +450.
"Bettors have not jumped onto Tampa like they have Colorado. Multiple teams at +5000 or higher have taken more money than Tampa," Cipollini said.
Rounding out the top five in odds to win the Stanley Cup:
- Carolina Hurricanes +550
- Vegas Golden Knights +1000
- Edmonton Oilers +1000
No other team is shorter than +1400. The top five in Stanley Cup futures tickets at BetMGM:
- Avalanche
- Golden Knights
- Hurricanes
- Oilers
- Dallas Stars (+1500)
And the top five in Stanley Cup money:
- Avalanche
- Oilers
- Hurricanes
- Golden Knights
- Florida Panthers
Florida is the two-time defending champion. However, the Panthers have fallen apart over the past six weeks. On Jan. 20, Florida was +1200 and very much in the mix in 2026 Stanley Cup futures odds.
Just ahead of the March 6 trade deadline, the Panthers were out to +5000. Post-trade deadline, Florida is all the way out to +15000 (150/1). At 31-29-3 (65 points), the Panthers are second-to-last in the East and very unlikely to make the playoffs.
When the season began, the Toronto Maple Leafs were No. 1 in tickets and money in BetMGM's NHL futures, while sitting at +1600. But the Maple Leafs are a mediocre 27-26-11, with their odds plunging to +100000 (1000/1).
Deadline Movers
LATEST UPDATE: Cipollini noted a trio of teams that made some headway in BetMGM's Stanley Cup odds.
"Based on movement from around the deadline, the Sabres have gone from 36/1 to 19/1, although most of that was through play and not trade moves," he said. "The Lightning and Wild also made moves to improve their odds."
Buffalo is among the surprises of the season, after opening a distant +15000 (150/1) last summer. The Sabres (39-19-6, 84 points) lead the Atlantic Division and are second in the Eastern Conference.
"The Sabres have been the darling of the last few weeks, massively improving their odds, while taking bets from smart bettors recognizing the odds movement," Cipollini said. "The Wild are another team that have been taking bets and also improved at the deadline."
Minnesota (37-16-11, 85 points), which opened at +3500 and was +1800 before the trade deadline, is now the +1400 sixth choice.
Needs and Liabilities
LATEST UPDATE: Edmonton remains a liability in BetMGM's Stanley Cup futures odds, but seems unlikely to even make the postseason. So which teams are a legit concern?
"The Wild and the Canadiens are teams that have picked up liability throughout the season. The Penguins and Sharks are our biggest remaining liabilities," Cipollini said.
Montreal (34-18-10, 78 points) is the +3000 ninth choice in odds to win the Stanley Cup. Pittsburgh (32-17-14, 78 points) is +4500, while San Jose (30-25-6, 66 points) is a +20000 long shot (200/1).
As for BetMGM's preferred outcomes:
"The Lightning and Hurricanes right now are the big two for BetMGM," Cipollini said. "Both haven't taken the amount of bet you would expect for teams with such short odds. Both are currently good winners for the book.
"Outside of those two, the Avs and the Knights are OK outcomes. But I would expect that to change as we get closer to the playoffs and we take more action.
The Avs are taking almost twice as many tickets as the Knights, who are No. 2 in bet count. And Vegas is taking more than double the dollars of Edmonton, which is No. 2 in money, mostly off of preseason/early-season wagers.
Flying Under the Radar
LATEST UPDATE: While the Sabres are making huge gains on the ice and in Stanley Cup futures odds, they continues to lag with bettors. Buffalo is 14th in ticket count and 16th in money at BetMGM.
"Right now is the last chance to hop on the Sabres' bandwagon," Cipollini said.
And although Tampa Bay is at +450, Cipollini said the Lightning isn't getting the action it should.
"It's tough to call the second favorite an under-the-radar team. But the Lightning should have much more action, with how they're playing," he said. "The Ducks are a fun outsider that I would also name."
Anaheim (35-25-3, 73 points) is +4000, after opening at +15000 and still sitting at +6600 before the March 5 trade deadline.
Opening Odds To Win 2026 NHL Stanley Cup Final
The Florida Panthers have won two straight Stanley Cups. Florida opened as the +750 second choice to three-peat, but as noted above, has fallen apart. 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
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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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