2025-26 NHL Stanley Cup Final Odds: Avalanche The Favorite

NHL Futures Odds

Stanley Cup Final futures odds for 2026 represent a fresh start for everybody. And the two-time defending champion isn't the favorite.

The Colorado Avalanche are favored in 2025-26 Stanley Cup futures odds, followed by the Edmonton Oilers. Then comes the two-time defending champion Florida Panthers.

Check back regularly for updates and use our BetMGM bonus code to get the most out of your action on 2026 NHL championship odds.

Stanley Cup Champion Odds

Time	BetMGM	BallyBet	RiversCasino
	›	›	›
Panthers	+575	+650
Hurricanes	+900	+750
Avalanche	+800	+800
Oilers	+800	+850
Golden Knights	+850	+1000
Stars	+1000	+1000
Lightning	+1600	+1700
Devils	+1800	+1800
Kings	+2000	+2100
Maple Leafs	+2000	+2100
Jets	+2200	+2500
Wild	+3500	+2700
Capitals	+2800	+3000
Senators	+3300	+3500
Rangers	+2800	+3500
Mammoth	+3500	+4000
Blues	+4000	+5000
Islanders	+8000	+7500
Canucks	+5500	+8000
Canadiens	+5500	+8000
Sabres	+15000	+10000
Bruins	+10000	+10000
Flyers	+10000	+10000
Blue Jackets	+8000	+10000
Flames	+9000	+10000
Predators	+9000	+10000
Red Wings	+10000	+10000
Penguins	+20000	+20000
Ducks	+15000	+16000
Kraken	+20000	+25000
Sharks	+50000	+40000
Blackhawks	+50000	+50000

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NHL Stanley Cup Championship Odds

Crowded At The Top

UPDATE THURSDAY, JUNE 26: NHL championship odds for 2026 have a gaggle of teams bunched closely at the top. The Colorado Avalanche are the +600 favorite in BetMGM's Stanley Cup Final odds.

That's already a shift from the opening odds, in which the Avalanche opened as the +800 third choice.

Colorado is followed by the Edmonton Oilers, who lost in the Final each of the last two seasons. Edmonton opened as the +650 favorite and is still +650, but has dropped behind the Avalanche.

The Florida Panthers opened as the +750 second choice and remain +750, but are now third, behind Colorado and Edmonton. Rounding out the top five are the Dallas Stars at +850 and the Carolina Hurricanes at +900.

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

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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