Despite a mediocre January, books aren’t moving off the Avalanche as players get set to head to the Olympics.
Feb 4, 2026 • 15:23 ET
• 4 min read
Photo By – Imagn Images. Nathan MacKinnon (29) after scoring a goal against the Carolina Hurricanes during the second period at Lenovo Center.
The Los Angeles Kings won the Artemi Panarin sweepstakes, but it did little to their Stanley Cup odds (+5000).
Meanwhile, the Colorado Avalanche remain the favorites at +300, with the surging Lightning at +425.
Here’s a look at the NHL odds to hoist Lord Stanley’s hardware ahead of the Olympic break.
🏆Stanley Cup Final 2025-26 odds
Odds as of 2-4.
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Opening Stanley Cup odds
Edmonton Oilers: +650
Florida Panthers: +750
Colorado Avalanche: +800
Dallas Stars: +850
Carolina Hurricanes: +900
Vegas Golden Knights: +1200
Tampa Bay Lightning: +1500
Toronto Maple Leafs: +1300
New Jersey Devils: +1800
Los Angeles Kings: +2000
Toronto Maple Leafs: +2000
Winnipeg Jets: +2200
Washington Capitals: +2800
Vegas Golden Knights: +1800
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
📈 Stanley Cup betting trends
Here are some trends you may want to consider before placing a bet on the Stanley Cup.
Repeat winners are more common than you think. Since 2010, the Pittsburgh Penguins and Tampa Bay Lightning have successfully defended their Cup once. Florida now enters that elite group.
Top teams from the beginning of the year typically go on to win the Cup. Since 2010, just five teams with odds above +1,000 have gone on to hoist Lord Stanley.
In the last 10 seasons, the Eastern Conference has won seven Cups.
The President’s Trophy winner has gone on to win the Stanley Cup just eight times in the 35 years that both trophies have been awarded.
A team has won 2+ consecutive Stanley Cups 16 times, with the Panthers just completing the task.
The runners-up have gone on to win the Stanley Cup in the following season only once since 1990 (Pittsburgh Penguins 2009).
Despite losing in the Eastern Conference Finals again, books think next year may be the year for the Carolina Hurricanes. Following suit are familiar faces in Florida and Edmonton.
👑 Past Stanley Cup winners
Here are the last 15 winners of the Stanley Cup, their odds of winning just before the playoffs began (courtesy of Sports Odds History), and the team that lost in the Stanley Cup Finals.
As the Lightning appear set to fade a bit, the Panthers have reached consecutive Cup Finals and are favored to do it again next year.
🥅 NHL teams with the most Stanley Cups
The Habs have a comfortable lead in the clubhouse but haven’t hoisted Lord Stanley’s Cup since 1993 — the last Canadian-based team to do so.
Stanley Cup Odds FAQs
Who has the best odds to win the Stanley Cup in 2026?
The Colorado Avalanche are the current favorites to win the Stanley Cup in 2026.
Who is the biggest longshot to win the 2025-26 Stanley Cup?
The Chicago Blackhawks and San Jose Sharks are both +50000 to win the Stanley Cup in 2026.
Who won the 2024-25 Stanley Cup?
The Florida Panthers won their second Stanley Cup in a row in 2025, beating the Edmonton Oilers in six games.
When is the Stanley Cup Final?
The 2025 Stanley Cup Final will begin sometime in June.
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Kyle LaRusic joined Covers in 2020 with a Holland College diploma in Journalism and a Mount Saint Vincent Degree in Public Relations. Stints at Amherst News and the Cape Breton Post helped sharpen his skills in a newsroom setting, while working for MSVU and Dalhousie’s athletic departments landed Kyle in his comfort zone.
Kyle has been an avid bettor for over five years, starting with just one Sports Interaction account before discovering both the beauty and importance of price shopping. bet365 and Pinnacle are his go to books, but accounts at 10+ sportsbooks give him an array of options. “Rusty” will bet on anything under the sun as long as there’s value and good reasoning behind it, but NHL and NFL are his two favorite leagues to watch and wager on — especially with friends.
Kyle’s biggest tip for any bettor is simple: gamble responsibly. Only bet what you’re willing to lose and make sure to install a proper bankroll method to keep track of your ROI. If you’re still dwelling on the amount you lost the next day, it’s time to decrease your spending.
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