Stanley Cup Odds: Florida Panthers Among Favorites To Repeat In 2025

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The latest Stanley Cup odds are in the table below. You can also check out additional hockey futures, including odds on some individual player awards.

2025 Stanley Cup futures odds

You can compare the latest Stanley Cup championship and NHL playoff odds below. If you see a number you like, click it to place a bet at that hockey sportsbook.

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Legal Sports Report features how-to-bet content and the latest odds for the National Hockey League.

2024 Stanley Cup finalists

Florida Panthers

Led by the aggressive play of Matthew Tkachuk, the Florida Panthers won the Stanley Cup in 2024. The team squeaked ahead of the Boston Bruins to win the Atlantic Division this season and stayed relatively healthy through the NHL playoffs while winning a second consecutive conference title.

Edmonton Oilers

Despite sitting well out of first place in the Pacific Division for most of the season, the Oilers remained a top favorite based mostly on the play of stars like Connor McDavid and Leon Draisaitl. The team struggled with consistency during these playoffs, but goalie Stuart Skinner was strong in net, leading the NHL’s runner-up. Meanwhile, McDavid showed the ability to take over games at times as the team won the Western Conference title for the first time since 2006.

Conn Smythe Trophy odds

Current odds on favorites to win the Conn Smythe Trophy will appear below once they become available. The Conn Smythe Trophy is awarded each season to the Stanley Cup playoff MVP.

Stanley Cup player props

Additionally, many sportsbooks offer player props for individual games in the Stanley Cup finals and for the entire series. This allows you to bet on the performance of players rather than on the teams themselves. Betting options include most goals and most points.

How to bet on the Stanley Cup

There are many ways to wager on the Stanley Cup, from picking the winning team to picking the division the champion will come from. Take a look at the options above. If you see a bet you like, click the odds for that bet to head to the sportsbook to place your wager. 

Learn more about how to bet on hockey.

Stanley Cup FAQs

Can I bet on the Stanley Cup playoffs?

Yes. In every state in which betting is legal, you can bet on which team will win the Stanley Cup.

What are the most popular Stanley Cup bets?

The most popular bet is on which team will win the Cup. Other popular options include the Stanley Cup matchup, winning conference, and winning division.

What is the Stanley Cup?

The Stanley Cup is the trophy that the NHL postseason champion wins. 

Who won the Stanley Cup last year?

The Florida Panthers won the Stanley Cup for the 2023-24 season, defeating the Edmonton Oilers four games to three.

Which team has won the most Stanley Cups?

The Montreal Canadiens have 24 Cup wins, the most of any team in the NHL.