The Florida Panthers won the franchise’s first Stanley Cup on Monday night and open as the favorites to win next year’s title. The Panthers are +900 to repeat as champions on BetMGM.
It’s normal for a newly crowned champion to open as the favorite the following year, especially one that has made the Stanley Cup Final the past two years like Florida. At +900, the Panthers are far from a clear favorite.
The freshly vanquished Edmonton Oilers are among a trio of teams behind Florida in the odds at +1000. The Dallas Stars, which lost to the Oilers in the conference finals, and the Colorado Avalanche, which won the Stanley Cup two years ago, are also +1000. That group shares the shortest odds to win the Western Conference at +500.
The Carolina Hurricanes are next at +1100 followed by last year’s champion Vegas Golden Knights at +1200.
When this season opened, Colorado was the favorite at +800 and Edmonton at +900. Florida was +1800 behind 10 teams in the opening odds.
The futures odds also have a listing for Utah Hockey Club, which represents the first time you can bet on the team in actual play. Utah, which inherited Arizona’s roster and will begin playing next season, has +10000 odds. Only five teams have longer odds.
The three teams with the longest odds (+30000) are the Anaheim Ducks, Chicago Blackhawks and San Jose Sharks. Those teams had the worst three records in the league this season.
Full opening 2025 Stanley Cup odds
TeamOdds
Panthers
+900
Oilers
+1000
Stars
+1000
Avalanche
+1000
Hurricanes
+1100
Golden Knights
+1200
Devils
+1300
Rangers
+1300
Maple Leafs
+1600
Bruins
+2000
Kings
+2000
Lightning
+2000
Canucks
+2000
Jets
+2200
Wild
+3500
Predators
+3500
Islanders
+4000
Senators
+4000
Penguins
+4000
Blues
+4000
Sabres
+5000
Flyers
+5000
Flames
+6600
Kraken
+8000
Capitals
+10000
Utah
+10000
Canadiens
+15000
Blue Jackets
+25000
Ducks
+30000
Blackhawks
+30000
Sharks
+30000
Required reading
(Photo of Flordia’s Aleksander Barkov: Jim Rassol / USA Today)