NHL Stanley Cup 2024-25 Odds: Will the Cup Stay in Florida?

NHL Stanley Cup 2024-25 Odds: Will the Cup Stay in Florida?

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:

TEAMODDS
Edmonton Oilers+600
Florida Panthers+700
Carolina Hurricanes+750
New Jersey Devils+900
Dallas Stars+950
Toronto Maple Leafs+1100
Vegas Golden Knights+1200
Colorado Avalanche+1400
Tampa Bay Lightning+1600
Winnipeg Jets+1600
Minnesota Wild+2000

The Edmonton Oilers (+600) remain the favorites to win the Stanley Cup in 2025. They opened at +750 and have shortened to +600 odds, which implies a 14.3% probability of the Oilers winning the Cup! Based on the latest NHL Stanley Cup odds, the Oilers’ chances have improved by over 2%.

Also, the Florida Panthers (+700) still have the second-shortest odds to win the Stanley Cup. Their price has improved as well from +900 to +700. Meanwhile, the Carolina Hurricanes (+750) have witnessed the largest shift from +1400 to +750.

The NHL betting markets suggest there isn’t a clear favorite through the first three months of the regular season. You can find up-to-date Stanley Cup 2024-2025 betting odds at Bovada by navigating to Sports > Hockey > NHL Futures > Stanley Cup.

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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 (+600)

    • 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

Similar to last season, the Oilers got off to an unusually slow start. They lost three consecutive games and five of their first seven games. Nevertheless, they have responded positively and are in their best form in January. Recall that the Oilers opened the 2023-24 season at 2-9-1 and went to the Stanley Cup Finals.

As of January 8, the Oilers hold a record of 25-12-3 with 53 points. The slow stretch out of the gate has prevented them from leading in the Pacific Division, though. The Oilers trail the Vegas Golden Knights by six points for the divisional lead.

That said, the NHL Stanley Cup betting odds give the Oilers the clear upper hand. Despite the lackadaisical opening month last year, they landed in the Stanley Cup Final against the Panthers.

Bettors are identifying a potentially similar trend this season. After all, the Oilers returned the same core that did so well last year. Superstar center Connor McDavid is having another standout campaign in Edmonton. McDavid has scored 16 goals and 39 assists in 37 games this season.

With a supporting cast that includes Leon Draisaitl, Zach Hyman, and Evan Bouchard, the Oilers are ready for another deep run in the playoffs. The goaltending was the primary concern for the Oilers entering this season, but Stuart Skinner and Calvin Pickard have held up well.

Skinner boasts a 2.69 GAA and 0.902 save percentage in 27 games and Pickard has a 2.46 GAA and 0.898 save percentage in 15 trips to the crease. Everyone is aware of the high-powered Oilers’ offense, but the goaltending will have to steal a game or two in the playoffs. The experience Skinner gained during last year’s playoff run should benefit the Oilers greatly.

The Oilers are generating a bunch of chances and playing like the most dangerous team in the league. Even though McDavid missed some time and the team had a slow start, the Oilers are still in a fantastic position at 13 games above .500. Don’t be surprised if the Oilers’ Stanley Cup odds drop from +600 to +500 or shorter soon.

Florida Panthers (+700)

    • 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? Similar to the Oilers, the Panthers have their offensive talent back together, so they have a strong chance. The Panthers are off to a 24-15-2 record through 41 regular season games in 2024-25.

Florida brought back all the big guns that helped deliver the first Stanley Cup to Sunrise. They inked Sam Bennett to an eight-year deal in the offseason. His production hasn’t lived up to that contract so far this season, though.

More concerning for the Panthers is how far the defensive unit has regressed. Although the offensive firepower returned to the Panthers, they lost two key members of the blue line, and it is showing. Brandon Montour and Oliver Ekman-Larsson departed Florida, leaving the defense with a glaring hole!

The Panthers are 17th in the NHL, conceding 3.10 goals per game this season. 36-year-old veteran Russian goaltender Sergei Bobrovsky has been fine, with a 2.76 GAA and 0.901 save percentage. With the defense less equipped than a year ago, Bobrovsky won’t have much room for error in the playoffs.

Carolina Hurricanes (+750)

    • Head Coach: Rod Brind’Amour
    • 2023-24 Record: 52-23-7 (Lost Second Round)
    • Stanley Cup Titles: 1
    • Key Players: Sebastian Aho, Martin Necas, Seth Jarvis, Andrei Svechnikov

The Carolina Hurricanes disappointingly crashed out of the playoffs in the second round to the Rangers in the 2024 Stanley Cup Playoffs. There were significant changes to the Hurricanes’ roster in the offseason, so expectations were lower entering the 2024-25 campaign.

The list of subtractions included Jake Guentzel, Stefan Noesen, Teuvo Teravainen, Brady Skjei, and Brett Pesce. Losing that much talent in one year is often too much for teams to overcome. However, the Hurricanes have not only recovered, but are excelling.

Carolina’s 2024-25 NHL Stanley Cup odds have improved, and they are getting production from the newcomers. In his first year with the Hurricanes, 27-year-old center Jack Roslovic is having the best season of his career. Meanwhile, Eric Robinson has proven to be a solid acquisition for the Hurricanes.

As a result, the Hurricanes are exceeding pre-season expectations. Head coach Rod Brind’Amour signed an extension with the organization in the offseason. It’s paying off and Brind’Amour is earning every cent this year. The Hurricanes are third in the Metropolitan Division at 24-15-2 and 50 points.

While it’s impressive what the Hurricanes have accomplished, I’m not running to offshore sportsbooks to back them to win the Cup at +750! The betting value previously present at +1400 in the pre-season is no longer available, so consider passing on the third-shortest odds.

New Jersey Devils (+900)

    • Head Coach: Sheldon Keefe
    • 2023-24 Record: 38-39-5 (Missed Playoffs)
    • Stanley Cup Titles: 3
    • Key Players: Jack Hughes, Jesper Bratt, Timo Meier, Nico Hischier 

In his first season as the bench boss, Sheldon Keefe has the Devils turned after they fell well below expectations in 2023-24. The Devils finished a game under .500, which resulted in head coach Lindy Ruff receiving his walking papers. After suffering the same fate in Toronto, Keefe was hired to bring this team up to par.

Keefe’s Devils are in contention for the Metropolitan Division title. The Devils are 25-15-3 with 53 points — a considerable improvement from where they were last year at this time. They didn’t lack talent, but it didn’t come together for Ruff. However, Keefe has the Devils playing as one cohesive unit.

There is a mix of young guns and experienced veterans on this roster. There is certainly enough young talent for the Devils to be a contender for a while. Jack Hughes, Jesper Bratt, and Nico Hischier are having a strong season for the Devils. Meanwhile, veteran Timo Meier is among the top contributors.

That said, it’s the Devils’ defense that has brought this squad to the next level. Overall, New Jersey is third in the NHL, with an average of 2.53 goals allowed per game. Dougie Hamilton and Brenden Dillon have been strong on the top line. There’s also plenty of depth, as Pesce and Luke Hughes are getting results on the third line.

This is a solid squad worth keeping tabs on in the playoffs. A trip to the Stanley Cup Final isn’t out of the question for Keefe’s Devils!


Stanley Cup 2024-25 Sleepers

Let’s continue with the best sleepers! Much has changed since I made my original Stanley Cup predictions, but my opinion remains the same for the best underdog wagers:

  1. Before the puck dropped on the 2024-25 season, I grabbed the terrific value on the Minnesota Wild at +4000 odds. Minnesota’s Stanley Cup odds have been cut in half. Led by Kirill Kaprizov, the Wild are second in the Central Division. They hold a record of 26-11-4 and 56 points through 41 games.

    They are right on the heels of the Winnipeg Jets after a four-game winning streak. Some pundits viewed the Wild’s early hot start as a fluke, but that has been proven false.

    This isn’t a fluky team — the Wild are for real. Kaprizov is one of the favorites to win the NHL’s Hart Trophy for MVP, while Marco Rossi and Matt Moldy have taken off.

    At +2000, the Wild remain a fantastic value for your NHL Stanley Cup best bets!

  2. The Kings are another option for your Stanley Cup picks worth a look on sports betting apps. They are building on a solid 2023-24 campaign that saw them finish with a record of 44-27-11 and 99 points. This is a gritty hockey team that does plenty of little things right.

    Currently, the Kings are in the thick of the Pacific Division race with the Oilers and Golden Knights. Despite playing two fewer games, the Kings are just two points behind the Oilers in the standings. With 96 goals against, they are the only team in the division to allow fewer than 100 goals this season.

    Los Angeles ranks first in the NHL, with an average of 2.50 goals conceded per game. Furthermore, the offense is incredibly underrated, scoring an average of 3.11 goals per game for 13th. If they can pull off a key trade at the deadline, the Kings will be in serious business! +2500 odds is a steal for your best Stanley Cup bets.


Stanley Cup 2024-25 Predictions and Betting Pick

As I noted, it won’t take long before the Oilers’ Stanley Cup betting odds drop lower. They are heating up, and I don’t foresee them cooling off in the near future. With this in mind, the Oilers are the best bet on the board to win the Stanley Cup in the spring.

Armed with experience from their loss to the Panthers last year, the Oilers should have plenty of confidence entering the playoffs. Of course, Edmonton is equipped with talent and firepower from all angles. Along with McDavid continuing to play elite hockey, Draisaitl is on another level this year.

Draisaitl is playing with a chip on his shoulder and is determined to win two more games than the Oilers did in the playoffs a season ago. McDavid and Draisaitl are the most dangerous 1-2 punch in the NHL when the German star has that mindset.

Before the Oilers’ odds of winning the Cup shift to +500 or +450, consider backing Kris Knoblauch’s club at +600!

The Bet
Edmonton Oilers


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.

Get a head start on the 2024-25 season by locking in your bets at a well-established, and respected online sportsbook. In addition to NHL Stanley Cup 2024-25 betting odds, Bovada will have odds for every matchup, prop bets, and live betting!

New customers can deposit at Bovada to claim a 100% match bonus of up to $1,000 with promo code BV1000!


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Kyle Eve
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Kyle Eve is Editor-in-Chief of The Sports Geek. Since joining the team in 2012, Kyle, has covered some of the biggest sporting events in the world. From the Super Bowl and World Series to March Madness, the NBA Finals, Kentucky Derby, and many more, Kyle has provided reliable analysis for millions of readers. After dedicating himself to hockey and football in high school, Kyle placed his first sports bet on his 18th birthday. Since then, he has spent his entire adult life devoting himself to becoming the best sports bettor and casino gambler possible. Kyle is from Windsor, ON, Canada

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