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  • Track the odds to win the Stanley Cup for all 32 NHL teams
  • The Colorado Avalanche have opened as favorites to win the 2024 Stanley Cup
  • The graphs below show the movement in the Stanley Cup odds, starting in the offseason

This page tracks all 32 NHL teams’ odds to win the 2024 Stanley Cup. The graphs below were generated by calculating the average odds for each team from a variety of online sportsbooks.

You can see the latest 2024 NHL Stanley Cup odds here, along with how each team fares in the odds throughout the course of the 2023 NHL season. The Colorado Avalanche have opened as the favorites to win the Stanley Cup. The Avs are +800 at most Colorado betting sites.

2024 NHL Stanley Cup Odds for Top Contenders

The Colorado Avalanches are currently the favorites to win the 2024 Stanley Cup. At +817 average odds to win the Stanley Cup, the Avs have 11% implied probability to hoist Lord Stanley.

Odds to Win Stanley Cup

Team Odds
Colorado Avalanche +900
Carolina Hurricanes +900
New Jersey Devils +1100
Toronto Maple Leafs +1100
Edmonton Oilers +1100
Vegas Golden Knights +1300
Tampa Bay Lightning +1400
Boston Bruins +1500
Dallas Stars +1600
New York Rangers +1700
Florida Panthers +2000
Los Angeles Kings +2000
Minnesota Wild +3000
Pittsburgh Penguins +3000
Buffalo Sabres +4000
Calgary Flames +4000
Ottawa Senators +4000
New York Islanders +4500
Winnipeg Jets +4500
St. Louis Blues +5000
Nashville Predators +5000
Washington Capitals +5000
Vancouver Canucks +5000
Seattle Kraken +5000
Detroit Red Wings +5500
Chicago Blackhawks +10000
Columbus Blue Jackets +10000
Arizona Coyotes +10000
Anaheim Ducks +13000
Montreal Canadiens +13000
Philadelphia Flyers +13000
San Jose Sharks +15000

Odds as of August 2nd, 2023, at FanDuel Sportsbook

Here are some more notes on the movement of the top contenders for the 2024 Stanley Cup:

  • [July 3] The Hurricanes were big players in NHL Free Agency, signing Dmitry Orlov and Michael Bunting. Carolina became the second-favorite to win the Cup at FanDuel and DraftKings, but other sportsbook such as BetMGM still list them as +1200 longshots.
  • [June 13]: The Colorado Avalanche have opened as +800 betting favorites to win the Stanley Cup in 2024. Two Canadian teams, the Toronto Maple Leafs (+1000) and Edmonton Oilers (+1050), round out the top-three favorites.


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Stanley Cup Favorites for 2024

The current odds for the 2024 Stanley Cup see the Avalanche listed as small favorites over the rest of the league. After the Avs, the likes of the Maple Leafs, Oilers and Bruins have the best chance to hoist Lord Stanley. Here is a little more information on each of the favorites:

Colorado Avalanche

The Colorado Avalanche are currently the favorites in the 2024 Stanley Cup odds. The Avs suffered a stunning Round 1 upset loss to Seattle Kraken in the 2023 NHL Playoffs,  but are only one year removed from their dominant Stanley Cup run in 2021-22. Colorado features one of the NHL’s most explosive players in Nathan MacKinnon, plus 2022 Norris Trophy winner Cale Makar.

Toronto Maple Leafs

The Toronto Maple Leafs currently have the second-best Stanley Cup odds after winning their first-ever playoff series since 2004 in Round 1 of the 2023 NHL Playoffs vs Tampa Bay. Although Toronto parted ways with GM Kyle Dubas following a second-round exit, the dynamic offensive core of Auston Matthews, Mitch Marner, William Nylander and John Tavares remains intact.

Edmonton Oilers

The Edmonton Oilers are the third betting choice in the 2024 Stanley Cup odds. Edmonton features two of the NHL’s best players in Connor McDavid and Leon Draisaitl, plus rising star defenseman Evan Bouchard. The Oilers lost to 2023 Stanley Cup champ Vegas in Round 2 of the 2023 NHL Playoffs, but the blue and orange may have been VGK’s toughest test during that run.

Boston Bruins

The Boston Bruins currently have the fourth-best Stanley Cup odds in 2024 following a historic 62-win regular season in 2022-23. Unfortunately for Massachusetts sports bettors, the B’s suffered a shocking Round 1 upset loss to the Panthers in the 2023 NHL Playoffs. The murky future of captain Patrice Bergeron has oddsmakers skeptical of the Bruins rising back to the top in 2023-24.

Five Past Stanley Cup Winners

Year Team
2023 Vegas Golden Knights
2022 Colorado Avalanche
2021 Tampa Bay Lightning
2020 Tampa Bay Lightning
2019 St. Louis Blues

The Vegas Golden Knights won their first Stanley Cup in franchise history in 2023, becoming the fastest expansion team to win the NHL Championship. It only took six seasons for VGK to win the Stanley Cup, although the Seattle Kraken now have three years to potentially beat the record.

Vegas joins the St. Louis Blues (2019) and the Washington Capitals (2018) as the only first-time Stanley Cup winners in the last decade. Capitals fans in Maryland can now bet on their “home team” as online sports betting is legalized.

Interestingly enough, the Golden Knights and Tampa Bay Lightning are the only two teams since 2008 to lose in a Stanley Cup Final and go on to win a Cup. The Bolts lost to the Blackhawks in 2015 and went on to win in 2020 & 2021, while the Knights lost to the Capitals in 2018 and went on to win in 2023.

The other teams to lose in the finals in that span include: Detroit, Philadelphia, Vancouver, New Jersey, Boston, NY Rangers, San Jose Nashville, Vegas, Boston, Dallas, Montreal and Florida.

NHL Stats for Teams Searching for Their First Stanley Cup

Team Years in the NHL Cup Final Appearances Closest They’ve Come
Vancouver Canucks 52 3 Game 7 Cup Final losses in both 2011 and 1994. No one in Vancouver will ever forget LaFayette’s post or the ensuing riots.
Buffalo Sabres 52 2 Game 6 in 1999. Losing in overtime, no thanks to Brett Hull’s foot in the crease.
San Jose Sharks 31 1 Game 6 in 2016. They’ve never been able to shed their label as chokers.
Nashville Predators 24 1 Game 6 in 2017. Nashville fans still rue the bad call on Sissons’ go-ahead goal.
Ottawa Senators 30 1 Game 5 in 2007. A heartbreaking series for Ottawa that culminated in the infamous Emery-Phillips mixup.
Vegas Golden Knights 5 1 Game 5 in 2018. Luca Sbisa hands the game to Lars Eller to end the Knights’ historic run.
Florida Panthers 29 2 Swept by Colorado in 1996, despite the year of the rat.
Arizona Coyotes 26 0 Lost in 5 games to the LA Kings in 2012. Dustin Brown isn’t admired by Glendale faithful.
Winnipeg Jets 28 0 Defeated by the Golden Knights in 5 games in 2018. Canada’s best hope was no match for Ryan Reaves’ heroics.
Minnesota Wild 22 0 Swept in the 2003 Conference Finals. Despite a disappointing playoff history, they did end Patrick Roy’s career in spectacular fashion.
Columbus Blue Jackets 22 0 The Jackets have only won one playoff series in their history, but what a series it was, upsetting the top-seeded Lightning in 2019.

Coyotes fans have had a little bit more to cheer for with AZ online sports betting live, plus a new arena in development. It’s been a disappointing few seasons for Arizona fans, but if bettors have been loyal to the “Fade the Coyotes” trend, then at least they’re making some solid coin.

Canadian Stanley Cup Winners

Team Stanley Cups Finals Appearances Last Championship Last Finals Appearance
Montreal Canadiens 24 34 1993 2021
Toronto Maple Leafs 13 21 1967 1967
Edmonton Oilers 5 7 1990 2006
Calgary Flames 1 3 1989 2004
Vancouver Canucks 0 3 N/A 2011
Ottawa Senators 0 1 N/A 2007
Winnipeg Jets 0 0 N/A N/A

No Canadian won the Stanley Cup in 2023, extending Canada’s Stanley Cup drought to 30 years. Auston Matthews and the Toronto Maple Leafs did finally win a playoff round, however, inspiring some future hope for one of the most beloved Canadian teams. Canada sports betting sites continue to offer odds for all Canadian NHL teams.

The run of futility for Canadian teams, which dates back to 1993, is reaching incredible heights. During that time, Canadian teams have comprised a minimum of 21.88% of the NHL (at least 7 out of 32 teams). For the vast majority of that span, Canadian teams have actually made-up a greater percentage of the league (23.33% of the NHL from 2000 until Vegas joined in 2017).

A total of 28 Stanley Cups have been awarded since Montreal won in 1993. If you think of the NHL as rolling a 30-sided die, on which seven sides are Canadian teams, the chances of it landing on non-Canadian teams 28 straight times is 0.236%.

Canadian teams have reached the Stanley Cup finals six times since 1993 (Vancouver, 1994; Calgary, 2004; Edmonton, 2006; Ottawa, 2007; Vancouver, 2011; Montreal, 2021). Even if we say the Canadian teams – which were largely underdogs in those series – only had a 40% chance of winning the finals, on average, there was still only a 4.67% chance that they would go 0-for-6.

Stanley Cup Odds FAQ

Who has the best odds to win the Stanley Cup?

The Colorado Avalanche have the best odds to win the Stanley Cup. The Avs opened as +800 favorites for the 2023-24 season.

Who won the Stanley Cup last year?

The Vegas Golden Knights won the Stanley Cup last season (2023).

Which NHL team has the most Stanley Cups?

The Montreal Canadiens have the most Stanley Cups with 23.

When was the first Stanley Cup awarded?

The first Stanley Cup was handed out in 1893, which predates the founding of the NHL (1917) by 24 years.

Archived Stanley Cup Odds: 2022, 2021, 2020, 2019, 2018

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Brady is the lead NHL and College Football editor at Sports Betting Dime, where he specializes in betting odds and data-driven analysis. Brady has over 10 years experience working in sports media, with work published by outlets such as ESPN, CBS Sports, Yahoo! Sports and Fox Sports.