The Stanley Cup odds for 2024-25 clearly show that multiple teams can become NHL champions. The best NHL betting sites don’t have a clear favorite, so it should be cracking season.
The Panthers will set out to defend their title and repeat as champions after a thrilling Game 7 win over the Edmonton Oilers. Who will win the Stanley Cup next year? Will the Panthers repeat?
Continue reading to discover the favorites to win, the odds, analysis, and my early 2024-25 Stanley Cup predictions!
Stanley Cup 2024-25 Winner Odds
The following Stanley Cup betting odds are courtesy of Bovada:
TEAM | ODDS |
---|---|
Edmonton Oilers | +750 |
Florida Panthers | +900 |
Dallas Stars | +1,200 |
Toronto Maple Leafs | +1,200 |
Colorado Avalanche | +1,300 |
New Jersey Devils | +1,300 |
New York Rangers | +1,300 |
Carolina Hurricanes | +1,400 |
Nashville Predators | +1,600 |
According to the latest 2024-25 Stanley Cup odds, the Edmonton Oilers (+750) have emerged as the favorites heading into the new season. The Florida Panthers, Carolina Hurricanes, and Oilers opened as co-favorites in July.
Since then, the Oilers have edged ahead in the NHL betting markets as the top team to beat. The latest odds suggest the Oilers have an 11.8% implied probability to win the Stanley Cup this season. In short, it’s a wide-open race for the Cup, which is typically the case in a league filled with parity!
You can find up-to-date Stanley Cup 2024-2025 betting odds at Bovada by navigating to Sports > Hockey > NHL Futures > Stanley Cup.
Stanley Cup 2024-25 Favorites
Before delving into my predictions for the Stanley Cup in 2024-2025, let’s analyze the top favorites to win at sports betting sites:
Edmonton Oilers (+750)
- Head Coach: Kris Knoblauch
- 2023-24 Record: 49-27-6 (Stanley Cup Finalists)
- Stanley Cup Titles: 5
- Key Players: Connor McDavid, Leon Draisaitl, Zach Hyman, Evan Bouchard
Following a 2-7-1 start to the 2023-24 season, the Oilers did the improbable and reached the Stanley Cup Final. Head coach Jay Woodcroft was swiftly fired after the miserable stretch and replaced with AHL coach Kris Knoblauch.
Ultimately, the Oilers came two goals away from winning the franchise’s first Stanley Cup since 1990. They stormed back from a 3-0 series deficit only to lose Game 7 in Sunrise, FL.
Despite the loss, McDavid won the Conn Smythe for the MVP of the 2024 Stanley Cup Playoffs. McDavid has received brisk work in the preseason, but made the most of it. He appears healthy and in top-game shape for the regular season.
Connor McDavid finds Corey Perry to tie the game! 🤝
📺: Sportsnet pic.twitter.com/QR92f44JDn
— Sportsnet (@Sportsnet) October 1, 2024
As long as McDavid is on this team, the Oilers are always going to have a chance. Leon Draisaitl is expected to play out the final year of his contract in Edmonton, so the offensive prowess that makes this team good will remain together.
The Oilers didn’t make huge waves in free agency or the trade market. However, they did send defenseman Cody Ceci to San Jose, which may be an addition-by-subtraction move. Along with McDavid, Draisaitl, and Zach Hyman returning, Evander Kane will be back for the Oilers in 2024-25.
Additionally, signing left winger Jeff Skinner to a one-year deal is a big get for the Oilers. Skinner is coming off a solid season in Buffalo, with 24 goals and 22 assists. It isn’t his best campaign, but expect Skinner to excel playing on this talented Oilers squad.
In addition to Evan Bouchard, that gives the Oilers their top four point-getters returning. The franchise also managed to keep role players Connor Brown and Mattias Janmark. Warren Foegele will be missed, but retaining Brown was paramount for their depth.
The concern for the Oilers entering the playoffs was whether goaltender Stuart Skinner would hold up in the crease. He fought through a rough patch and benching to lead the Oilers to Game 7. Which Skinner will we see in Edmonton next season?
If anything, the Oilers will once again be the most entertaining team in the NHL to watch in 2024-25! We’ll see if they can pull off what Florida did after losing in the Stanley Cup Final to respond with a title in the next year.
However, since the 1982-83 season, only three teams have won the Cup after losing in the Final a season earlier — the Panthers being the third this past season!
Florida Panthers (+900)
- Head Coach: Paul Maurice
- 2023-24 Record: 52-24-6 (Stanley Cup Champions)
- Stanley Cup Titles: 1
- Key Players: Aleksander Barkov, Matthew Tkachuk, Carter Verhaeghe, Sergei Bobrovsky
The Florida Panthers are the 2024 Stanley Cup champs after edging out the Edmonton Oilers in seven games on home ice. They nearly collapsed and coughed up a 3-0 series lead but prevailed in a 2-1 victory in Game 7!
Are the Panthers a serious threat to win back-to-back Stanley Cups? Given the core of this team will return, the Panthers will have a legitimate chance to get back into the winner’s circle.
Gonna watch Reino’s Stanley Cup Final-winning goal on repeat 🔁 pic.twitter.com/yZqiUfm7H0
— Florida Panthers (@FlaPanthers) June 25, 2024
The offensive core will stick together for the Panthers in 2024-25. All the big guns are returning, including 28-year-old Sam Reinhart who inked a massive eight-year contract to remain in Sunrise. That deal is going to look bad in five years, but the Panthers needed to impress Reinhart’s camp to retain his services.
However, the team took a significant hit on the blue line due with defensemen Brandon Montour and Oliver Ekman-Larsson departing. The Panthers could afford to lose Ekman-Larsson, but Montour will be dearly missed on this roster.
Winning back-to-back Stanley Cups is not easy, either. Since 1997, only three teams have won consecutive championships — the Tampa Bay Lightning were the most recent team to pull off the feat in 2020.
With the Panthers winning in late June, they haven’t had a very long break for their title defense in 2024-25!
Dallas Stars (+1,200)
- Head Coach: Peter DeBoer
- 2023-24 Record: 52-21-9 (Lost Western Conference Championship)
- Stanley Cup Titles: 1
- Key Players: Jason Robertson, Roope Hintz, Jamie Benn, Matt Duchene, Wyatt Johnson, Miro Heiskanen
The Dallas Stars are among the favorites to win the Stanley Cup on sports betting apps and sites in 2024-25! This is a team built to win now.
They are coming off an appearance in the Western Conference Finals against the Edmonton Oilers. Despite coming up short in six games, the Stars are optimistic that they have a championship team this season.
With left winger Jamie Benn and netminder Jake Oettinger entering contract years, there is added incentive for these two important players to have solid performances.
The 35-year-old Benn will be looking for one last payday, while 25-year-old Oettinger is looking for his first big deal.
A motivated Oettinger bodes well for the Stars between the pipes. After breaking out with a 2.37 GAA and 0.919 save percentage in 2022-23, Oettinger’s numbers regressed to a 2.72 GAA and 0.905 save percentage. Nevertheless, the Stars still won the Central Division with a record of 52-21-9 and 113 points!
The team’s young core is intact for the 2024-25 campaign. Jason Robertson and Roope Hintz are in the midst of the prime of their careers, while defenseman Miro Heiskanen is an elite blue liner and he’s only 25. I also expect 29-year-old Wyatt Johnson to be a solid contributor again this season.
JASON ROBERTSON HAS A HAT TRICK 🎩
WHAT A PERFORMANCE TO GIVE THE STARS THE LEAD 😱 pic.twitter.com/K4Kdb2gy9R
— B/R Open Ice (@BR_OpenIce) May 28, 2024
Joe Pavelski opted to retire following the 2023-24 season. Despite his 40 years of age, he was a key player for the Stars a season ago. That said, his age showed in the playoffs, and it was evident he couldn’t keep up with the younger talent. It was the right time for Pavelski to hang up the skates.
Aside from Pavelski exiting, the Stars will look largely the same this season. That isn’t a bad thing for a team coming off a 113-point campaign. If the Stars keep plugging away and avoid major injuries, they are one of the top 2024-25 Stanley Cup picks at +1,200!
Toronto Maple Leafs (+1200)
- Head Coach: Craig Berube
- 2023-24 Record: 46-26-10 (Lost First Round)
- Stanley Cup Titles: 13
- Key Players: Auston Matthews, William Nylander, Mitch Marner, Morgan Rielly
Yet another early exit for the Toronto Maple Leafs had the front office making more personnel moves. A year after GM Kyle Dubas was fired in favor of Brad Treliving, the Maple Leafs have a new boss behind the bench.
Former St. Louis Blues’ head coach Craig Berube replaces Sheldon Keefe in Toronto. Berube won a Stanley Cup with the Blues in 2019, but he was relieved of his duties this past December. He is a different coach than Keefe.
Berube won’t play favorites and will demand effort on every shift. He isn’t shy about holding players accountable, so Mitch Marner has nowhere to hide this season. The talented forward has been the subject of trade rumors for over a year now but is still in Toronto.
Marner’s regular season production is unquestioned, but he has done a disappearing act throughout his career in the playoffs. That can be said for the Maple Leafs as a whole — regular season merchants rather than clutch performers in the playoffs.
Leafs Auston Matthews
First 69-goal NHL season since Mario Lemieux in 1995-96 pic.twitter.com/5RkWjV6AIM
— Sportsnet Stats (@SNstats) April 14, 2024
The talent on this roster is undeniable, though. Superstar center Auston Matthews took over the captain role from John Tavares in the offseason, signaling a new era in Maple Leafs’ hockey. Matthews came a goal short of becoming the ninth player in NHL history to record 70 goals but had an unbelievable season nonetheless.
All of Matthews’ supporting cast is back, while I expect fellow American Matthew Knies to have a breakout season in 2024-25. Max Domi re-upped with the Leafs, but Tyler Bertuzzi left for the Chicago Blackhawks. The Leafs bolstered their defense by adding Ekman-Larsson in free agency.
Toronto has the talent to win a Stanley Cup, but can Berube get this team over the hurdle in the playoffs?
Stanley Cup 2024-25 Sleepers
Let’s dig into my predictions for the 2025 Stanley Cup with the best sleepers! Much has changed since I made my original Stanley Cup predictions for sleepers this season. In July, I backed the Vancouver Canucks (+2000), New Jersey Devils (+2200), and Nashville Predators (+4000).
The Stanley Cup odds for all three teams have dropped, especially the Preds, with the Canucks the only longshot left on the board at +1800! Let’s check out my updated longshot Stanley Cup betting picks:
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I backed the Vancouver Canucks as a huge longshot for my Stanley Cup predictions last season. While their odds to win the 2025 Stanley Cup have shortened for 2024-25, there is plenty of betting value on the Canucks at +1800.
Vancouver finished five points ahead of the Oilers in the Pacific Division to capture the divisional title at 50-23-9. Despite suffering a huge injury to goaltender Thatcher Demko in the playoffs, the Canucks were still competitive and pushed the Oilers to a seventh game!
If the Canucks can acquire an additional piece or two in free agency, they should be in business in 2024-25!
-
The Los Angeles Kings had a respectable campaign with a record of 44-27-11 and 99 points in the Western Conference. They played a brand of hockey that Kings fans expect: gritty hockey that favors a strong defensive effort on the ice.
The Kings finished third in the NHL with 2.56 goals against per game. I expect more of the same with Darcy Kuemper the new No. 1 in the crease. He played on a poor defensive team a season ago, so this change in scenery from Washington to LA should do him plenty of good.
Pierre Luc-Dubois was sent to Washington, which I don’t see as a net loss. Luc-Dubois was unhappy with this club, and getting him out of Los Angeles was the best possible thing for the locker room.
Look for the Kings’ defense to push all the right buttons this season. If Anže Kopitar can find the fountain of youth and the offense gets hot at the right time, the Kings are going to be in business. They are a solid longshot Stanley Cup pick at +2500 odds!
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The latest Stanley Cup betting odds at +4000 give the Wild only a 2.4% implied chance to win this season! Although the price doesn’t indicate the Wild are in a strong position to win the Cup, I wouldn’t look too far past Kirill Kaprizov.
Most career goals for the Wild:
219 — Gaborik (502 GP)
205 — Koivu (1,028 GP)
199 — Parise (558 GP)
160 — Kaprizov (278 GP)Kirill the Thrill is a top ___ player in Wild history. pic.twitter.com/ybu8TEQ40L
— StatMuse Hockey (@statmusehockey) October 1, 2024
Kaprizov is on the heels of another outstanding campaign with the Wild. He scored 46 goals, 50 assists, and a +11! Matt Boldy had a fantastic third season in the NHL. The 23-year-old budding star netted 29 goals, 40 assists, and a +5.
Expect Boldy to continue rising through the ranks of the league, while Joel Eriksson Ek and Mats Zuccarello return to Minnesota. The Wild will need some breaks to go their way, but I like them to build on a 39-34-9 season after missing the playoffs a year ago!
Stanley Cup 2024-25 Predictions and Betting Pick
When it comes to betting on the Stanley Cup, the best piece of advice is to focus closely on the odds. Parity is so high in the NHL that it’s imperative not to get sucked into bad bets that don’t offer much value.
The Oilers will be dangerous again this season, but I also see the Stars being on equal footing. Considering the Stars are getting a +1,200 price as opposed to +750 for the Oilers, the better play here is on the team from Texas. Whoever comes out of the West, either the Stars or Oilers, is my pick to win the Stanley Cup.
Dallas was close to ousting the Oilers a season ago. They battled hard in those six games, but the opponents were a bit too much. Even a small improvement, which I anticipate the Stars making with another year of this core together, should give them the push they need to reach the Stanley Cup Final.
The Stars are the best Stanley Cup bet on the board at this generous price of +1200 at Bovada!
Where to Bet on the 2024-25 Stanley Cup?
Fortunately, there are many safe betting sites where you can place your wagers on the Stanley Cup odds to win in 2024-25! As our top pick for the best NHL markets and prices, consider checking out Bovada.
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