2025-26 NHL Stanley Cup Final Odds: Avalanche Remain Favorite
Stanley Cup Final futures odds for 2026 now head into the postseason. No surprise, the favorite remains the same.
The Colorado Avalanche are still atop 2025-26 Stanley Cup odds, with the Tampa Bay Lightning the No. 2 choice.
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 | |
|---|---|---|---|---|---|---|---|---|
| |  › |  › |  › |  › |  › |  › |  › | |
| +220 | +230 | +230 | +225 | +240 | +240 | +200 | ||
| +280 | +300 | +285 | +275 | +300 | +300 | +350 | ||
| +1100 | +1500 | +850 | +900 | +1600 | +1100 | +1000 | ||
| +850 | +1000 | +950 | +1100 | +850 | +900 | +1300 | ||
| +1200 | +1200 | +1100 | +1100 | +1400 | +1200 | +1100 | ||
| +1600 | +1300 | +1400 | +2000 | +1900 | +1600 | +1400 | ||
| +1200 | +1200 | +1800 | +1000 | +1500 | +1400 | +1400 | ||
| +1500 | +1400 | +1900 | +1800 | +1500 | +1600 | +2300 | ||
| +1800 | +2500 | +2200 | +1800 | +2200 | +2000 | +2100 | ||
| +2500 | +2500 | +3000 | +3000 | +2000 | +2500 | +2500 | ||
| +3000 | +1700 | +3000 | +2500 | +1700 | +3000 | +2300 | ||
|
| ||||||||
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2026 NHL Stanley Cup Championship Odds
Steady at the Top
LATEST UPDATE: With the regular season wrapped up, the scorching-hot Colorado Avalanche are +300 favorites in BetMGM's NHL championship odds. One look at the standings will tell you why.
Colorado went 56-16-11 for 119 points, tops in the NHL. The Avs won four of their last five games and got points in all five, with the only setback a 3-2 overtime home loss to Vegas.
"Colorado is the most-bet-team by a wide margin, and the favorite for a majority of the season, as well," BetMGM trading manager Christian Cipollini said. "Currently, we would be a slight winner due to the low price all year.
"But I'd imagine [liability] will grow, should the Avalanche continue to advance."
Colorado has double the ticket count and almost three times more money than any other team in Stanley Cup futures.
"The short price has not kept people away," Cipollini said.
The Carolina Hurricanes (53-22-7, 113 points) had the NHL's second-best mark and are now the +500 co-second choice. Joining the 'Canes are the Tampa Bay Lightning (50-26-6, 106 points)
"Bettors have not jumped onto Tampa like they have Colorado," Cipollini said.
Rounding out the top five in Stanley Cup futures are the Dallas Stars and Vegas Golden Knights, both +1000.
The top five in Stanley Cup futures tickets at BetMGM:
- Avalanche
- Golden Knights
- Stars
- Hurricanes
- Oilers
And the top five in Stanley Cup money:
- Avalanche
- Stars
- Oilers
- Wild
- Hurricanes
Knight Moves
The Golden Knights are an interesting story at the moment, having fired coach Bruce Cassidy on March 29, with eight games left in the regular season. John Tortorella is leading Vegas for whatever remains of this season.
Prior to Cassidy's firing, the Golden Knights were in a 4-10-2 rut and stood seventh in the Western Conference. Yet BetMGM still had the Knights as the +1500 co-seventh choice in Stanley Cup odds, along with the Sabres.
Now, as noted above, Vegas is at +1000, finishing the regular season on a 7-0-1 run. The Knights went 39-27-16 (95 points), which was actually enough to win the Pacific Division.
Also as noted above, the Knights are No. 2 in ticket count, and they're sixth in money.
"Vegas has taken action, being toward the top of the odds all year," Cipollini said.
Sabre-Metrics
LATEST UPDATE: The Buffalo Sabres continue to impress this season, even leading the Eastern Conference for a perid of time. Buffalo finished the regular season at 50-23-9 (109 points).
After the March 6 trade deadline, the Sabres leapt from +3600 to +1900. Now, the Sabres are the +1400 seventh choice. Buffalo is among the surprises of the season, after opening a distant +15000 (150/1) last summer.
"The Sabres were as high as 200/1 toward the end of November. Plenty of people got them at long odds," Cipollini said. "Right now, they are a loser for the book, and I would expect liability to grow, should they advance a round or two."
Needs and Liabilities
LATEST UPDATE: Which teams are a legit concern in BetMGM's risk room?
"The Penguins are actually our largest liability, along with the Canadiens, Bruins and Flyers all losing outcomes," Cipollini said. "Of the teams closer to the top, the Oilers have been a losing outcome all season."
Edmonton (41-30-11, 93 points) lost to Florida in each of the last two Stanley Cup Finals. The Oilers are the +1300 sixth choice in BetMGM's Stanley Cup futures odds.
Pittsburgh (41-25-16, 98 points) is in the playoffs after missing out the last three years. The Penguins actually face the Flyers (43-27-12, 98 points) in the first round. Pittsburgh is +2200 and Philadelphia a distant +6600 in odds to win the Stanley Cup.
Boston (45-27-10, 100 points) is also a longer shot at +6000.
As for BetMGM's preferred outcomes:
"I feel like it's been the same few teams the last few years. The Lightning, Hurricanes and Stars are all great outcomes for the book," Cipollini said. "And the Avalanche, while a winner right now, probably won't hold that way."
Cipollini also pointed to three teams he thinks are under the radar.
"For the first time, I can finally answer my Flyers," he said. "While I do not think they will win the cup, anything can happen in the NHL playoffs. The Flyers have been really hot since the Olympic break, and I think they get a favorable matchup here with Pittsburgh."
In fact, Philly took Game 1 on the road vs. Pittsburgh, 3-2. And since that Olympic break ended, the Flyers are 18-7-1.
The other two under-the-radar outfits:
"The Lightning and the Stars would be the two of the realistic teams. Despite those teams being two of the best all season, they still haven't taken the bets you'd expect, for how good they are," Cipollini said.
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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