With only four teams remaining, the Florida Panthers have the best Stanley Cup betting odds of +170 at bet365, making them the current favourite to win the Cup. Read on to find the latest 2025 Stanley Cup odds, our recommended Stanley Cup betting sites, plus a guide on how to bet on the Stanley Cup winner from Canada. Scroll down and find out how you can get some skin in on the best Stanley Cup bets!
2025 Stanley Cup Odds
Here are the latest Stanley Cup betting odds (last updated onMay 22, 2025). Click on the Stanley Cup odds below to place a wager now!
| NHL Teams | bet365 Odds | SIA Odds | BetVictor Odds |
|---|---|---|---|
| Florida Panthers | +170 | +160 | +175 |
| Dallas Stars | +190 | +200 | +185 |
| Edmonton Oilers | +330 | +360 | +300 |
| Carolina Hurricanes | +525 | +550 | +550 |
Matt’s Pick: Stars to Shine Bright for the First Time Since ’99
After putting an end to the Presidents Trophy winners (and my original pick to win the Stanley Cup), the Winnipeg Jets in six games, the Dallas Stars have proven they’ve got the skill, experience, and drive to go all the way in 2025. Sporting one of the deepest forward groups across the NHL this season, their high-powered offence has rarely been slowed down, let alone stopped. Helping to bolster their playoff chances, netminder Jake Oettinger has been sensational, currently leading the postseason in save percentage.
Having come up short in the 2020 Stanley Cup Final, look for the Stars to finally break through, bringing the Stanley Cup back to the Lone Star State, and earning you a sizeable payout with this underdog pick to win.
Previously published in Sports Betting Dime, The Hockey Writers, Prospects by Sports Illustrated, and FanSided, Matt has expert knowledge of all major North American sports as well as the best ways to bet on them.
🍁 Canadian Teams 2025 Stanley Cup Odds
Only one Canadian team is left standing after the Leafs and Jets were eliminated in the second round. What are the odds of the Edmonton Oilers winning the Stanley Cup? Will they repeat their trip to the big dance? Check out each of the contending Canadian team’s Stanley Cup odds below, courtesy of bet365.
Current Canadian Team Odds to Win Stanley Cup
- Edmonton Oilers: +330
Winnipeg Jets: eliminatedToronto Maple Leafs: eliminatedOttawa SenatorseliminatedMontreal Canadienseliminated
How to Bet on Stanley Cup Betting Odds
Interested in betting on the Stanley Cup winner? Here’s how to bet on the 2025 Stanley Cup odds in four simple steps:
- Choose an NHL sportsbook. Check out our list below or our guide to the best NHL betting sites. Be sure to consider the betting markets offered, sportsbook features, banking options, and customer .
- Create an : Provide and your personal information to open your new sportsbook .
- Deposit funds. Make an initial deposit into your to fund your bets. Don’t deposit more than you’re willing to lose.
- Place your bet. Navigate to the Stanley Cup odds within the sportsbook and find the bet you wish to wager. Select the betting market you think is a winner.
Once your bet is locked in, all that’s left to do is watch the action unfold and sweat out your wager! Make sure to do your research, learning about the strengths and weaknesses of each team in the playoffs, and educate yourself on the latest trends and the history of the Stanley Cup Finals. Be sure to keep your Stanley Cup bets fun by gaming responsibly. Check out the responsible gaming section at your preferred sportsbooks to set deposit limits for your . Only bet what you can afford to lose, and don’t go chasing any losses if your bet fails to hit.
Best Stanley Cup Betting Sites
| Stanley Cup Betting Site | Key Feature | Sign Up |
|---|---|---|
| bet365 | Best overall | ! |
| Sports Interaction | Best odds | ! |
| BET99 | Best futures betting | ! |
| TonyBet | Best live betting | ! |
Looking for a sportsbook to bet on Stanley Cup finals odds? Make sure you compare odds and features across multiple sportsbooks before g up and placing your bets.
Here is a breakdown of the four best Stanley Cup betting sites in Canada:
1. bet365
Sign up with bet365 today!
Features:
- Comprehensive same-game parlay suite
- Deep betting market library
- Easy-to-navigate platform
2. Sports Interaction
Undoubtedly one of the best Stanley Cup betting sites Canada has to offer, Sports Interaction now!
Features:
- Home-grown Canadian betting site
- Excellent Live Mobile Betting Platform
- Secure service – Licensed in Canada!
3. BET99
Offering a wide variety of betting markets on 2025 Stanley Cup odds, Sign up with BET99 now!
Features:
- A wide range of props/futures bets
- Competitive odds
- -friendly interface
4. TonyBet
You can’t go wrong taking your action to TonyBet today!
Features:
- Juicy odds
- In-depth live betting markets
- Several fast and reliable banking options
Stanley Cup Betting Promos
Check out some of the best Stanley Cup betting options below and see what each of the best sportsbook bonuses in Canada has to offer ahead of the Cup Final.
| Stanley Cup Betting Site | Welcome Offer | Link to Claim |
|---|---|---|
| Sports Interaction | No Sweat First Bet up to $400! | No code needed – claim bonus now! |
| bet365 | First Bet Safety Net up to $1,000! | CANBET |
| BET99 | $800 First Bet Encore | CANBET |
| BetVictor | Safety Net up to $400 | No code needed – claim bonus now! |
| TonyBet | 100% Deposit Match up to $700 | CSBTB |
| Parimatch | 100% Deposit Match up to $500 | CANBET |
2025 Stanley Cup Odds by Division
Besides picking the outright champion, bettors can also place wagers on which division will produce the next Stanley Cup winner. However, due to there being only four teams left (one from each division), any bet on a team to win the Cup would be the same as betting on the winning division.
The divisional playoff format has only been around since the 2013-14 season. With four divisions comprising eight teams each vying for the 2025 Stanley Cup, it’s essential to learn where the top contenders are from when crafting your Stanley Cup bets. Here’s how each NHL division breaks down by odds to win the Stanley Cup, plus the total number of cups won since 2014:
Atlantic Division
Stanley Cups Won by Atlantic Division since 2014: 3
The most recent Stanley Cup-winning division, the Atlantic Division, has seen most of its success come from the Sunshine State, with the Florida Panthers and Tampa Bay Lightning having won a combined three Stanley Cups in five seasons. In 2025, the Atlantic Division is currently slated with one of the lowest odds of any division to win the Stanley Cup Final this season. While the Toronto Maple Leafs and Florida Panthers are sitting firmly among the top contenders for the 2025 Stanley Cup, the rest of the division are looked at as long shots.
Metropolitan Division
Stanley Cups Won by Metropolitan Division since 2014: 3
Coming up on seven years since a team from the Metropolitan Division has won the Stanley Cup, (the last was the ’18 Washington Capitals) the Metro hopes to finally regain control of the league with their surprising amount of depth. Home to several top contenders for the 2025 Stanley Cup such as the Carolina Hurricanes, the Metropolitan Division is in a great position to represent the Eastern Conference in the Stanley Cup Final.
Central Division
Stanley Cups Won by Central Division since 2014: 3
Slated as one of the favourite divisions to produce the winner of the 2025 Stanley Cup Finals, the Central Division has seen plenty of success since the 2014 NHL season. With the Dallas Stars, Winnipeg Jets, and Colorado Avalanche all firmly in the mix for Stanley Cup contention in 2025, the Central is primed to capture its fourth Stanley Cup victory in 12 years.
Pacific Division
Stanley Cups Won by Pacific Division since 2014: 2
While Stanley Cup Finals appearances have been scarce over the past decade for the Pacific Division, they still sport a deep variety of competitive hockey clubs looking to cement themselves in hockey history. Currently, the Pacific Division plays home to the favourite to hoist the 2025 Stanley Cup in the Edmonton Oilers, as well as the always frisky Vegas Golden Knights, who claimed a Stanley Cup victory just two seasons ago.
How to Read Stanley Cup Odds
The most popular way odds are displayed is in what’s called “American Odds”. In American odds, favourites are shown using a minus (-) symbol, and underdogs are displayed with a plus (+) sign. Each of these symbols corresponds to how much profit can be won depending on the amount of your wager.
The favourite’s minus sign represents how much you need to wager in order to profit $100. For example, if the Toronto Maple Leafs were -115 favourites to win the Stanley Cup (we dream…) and you wagered $115, you’d receive $215, with $100 being profit plus the return of your $115 stake.
For underdogs, the plus sign shows how much profit will be won by wagering $100. This is extremely common for Stanley Cup odds as futures betting markets are harder for bettors to win. For example, if the Vegas Golden Knights have +500 odds to win the Stanley Cup, this means a $100 wager would return a total of $600 if they were successful, with $500 being profit and $100 being your stake returned.
If your chosen sportsbook displays decimal odds (e.g. 1.22) instead of American odds, use our handy odds calculator here to convert them to American odds.
What are the Different Types of Stanley Cup Bets?
The most popular Stanley Cup bet is betting on the outright winner. These futures odds are available throughout the year, from the preseason to the initial puck drops of the NHL Playoffs, and even in the offseason for early bird Stanley Cup winner odds on the NHL season.
Other popular ways to bet on the Stanley Cup Finals are by betting on the conference and/or division of the winning team, as well as prop bets such as how many games will be played in the final, or who will win the Conn Smythe Trophy. The depths of available Stanley Cup betting markets greatly expand as the regular season approaches the playoffs, with oddsmakers able to craft more specific markets for players to wager on.
Stanley Cup Betting Markets Explained
The most popular type of bet on the Stanley Cup playoffs and Finals is a moneyline, or a straight-up bet.
Once the playoffs start, the difference in odds between the favourites and underdogs gets progressively smaller. By the time of the Stanley Cup Finals, favourites are opening between -130 to -160 (compared to the regular season, which sees some favourites open at -250 or more).
The puck line, hockey’s equivalent of a spread bet, is the projected difference in points between the two teams competing. These are used in single-game situations.
A -1.5 puck line means that the favourite must win the game by 2 or more goals, whereas an underdog can net you a win if they win outright or lose within 2 goals. If the odds on the favourite open at -145, then a -1.5 puck line on that team should open around +185. If you believe that a favourite is going to dominate a game or that an underdog might not take the win but could keep it close, this could be an effective path to take with your Stanley Cup online betting.
The over/under is simply a prediction of whether the combined points between both teams will be higher or lower than the projected total set by oddsmakers. Over/under lines for total goals in the Stanley Cup Finals are pretty close to consistent with those in the NHL regular season.
Most lines in the Stanley Cup Final (barring a situation where two elite defensive teams end up in the final) this year should open at 6.0.
However, the NHL is having its highest scoring year in nearly 30 years, with teams averaging 3.18 goals per game.
Stanley Cup futures bets are bets on anything that will happen in the future, like who will make it to the finals once the playoffs start. Once the postseason starts, sportsbooks adjust their Stanley Cup futures to only the 16 teams remaining.
Sometimes, betting on a few underdogs is the best betting strategy. While the best teams still tend to be the most likely to win, it’s hockey’s nature to make those wins less of a foregone conclusion.
In 2012, the eighth-seeded Los Angeles Kings took on the fifth-seeded New Jersey Devils in the Stanley Cup Finals. The Kings and Devils opened the playoffs at +2000 to win the Stanley Cup. The Pittsburgh Penguins (+400), the New York Rangers (+450) and Vancouver Canucks (+500) opened the playoffs as the favourites. Of the three teams, only the Rangers made it out of the first round of the playoffs and the Kings won the Stanley Cup.
Prop bets are bets on anything outside the final outcome or total score of a game. While single-game prop bets are great during the Stanley Cup Finals, the best prop bets on the Stanley Cup Finals are not on an individual game but on player performances over the entire series.
Online sportsbooks release over/under players’ goals and points in the series and offer odds on the Conn Smythe Trophy (given to the MVP of the Cup Finals).
Prop bets grow in popularity during the Stanley Cup Finals. With more time between games and more certainty in starting goaltending (typically the most significant factor for online sportsbooks delaying game odds), the number of prop bets increases.
Stanley Cup Betting Trends
- There have been eight different Stanley Cup-winning NHL teams since 2015, with only the Tampa Bay Lightning and Pittsburgh Penguins having claimed multiple victories in the past decade.
- The last two Stanley Cup winners have been teams that had previously never won the Cup. The 2024 Florida Panthers and 2023 Vegas Golden Knights both won the first Stanley Cup in their respective franchises’ history in the past two seasons.
- Only eight NHL teams have won the Presidents Trophy (best overall record in the league) and Stanley Cup Finals in the same year. The last team to do this was the 2013 Chicago Blackhawks.
- Over the past decade, there has been an even split between the Eastern and Western Conferences, with each producing five respective Stanley Cup Champions.
- A Canadian NHL team hasn’t won the Stanley Cup since 1993, with the Montreal Canadiens claiming their 24th title.
Last 10 Stanley Cup Winners
| Year | Winning Team | Losing Team | Series Result |
|---|---|---|---|
| 2024 | Florida Panthers | Edmonton Oilers | 4 – 3 |
| 2023 | Vegas Golden Knights | Florida Panthers | 4 – 1 |
| 2022 | Colorado Avalanche | Tampa Bay Lightning | 4 – 2 |
| 2021 | Tampa Bay Lightning | Montreal Canadiens | 4 – 1 |
| 2020 | Tampa Bay Lightning | Dallas Stars | 4 – 2 |
| 2019 | St. Louis Blues | Boston Bruins | 4 – 3 |
| 2018 | Washington Capitals | Vegas Golden Knights | 4 – 1 |
| 2017 | Pittsburgh Penguins | Nashville Predators | 4 – 2 |
| 2016 | Pittsburgh Penguins | San Jose Sharks | 4 – 2 |
| 2015 | Chicago Blackhawks | Tampa Bay Lightning | 4 – 2 |
NHL Teams with the Most Stanley Cups
| Team | Stanley Cups | Last Cup Win |
|---|---|---|
| Montreal Canadiens | 24 | 1993 |
| Toronto Maple Leafs | 13 | 1967 |
| Detroit Red Wings | 11 | 2008 |
| Boston Bruins | 6 | 2011 |
| Chicago Blackhawks | 6 | 2015 |
| Edmonton Oilers | 5 | 1990 |
| Pittsburgh Penguins | 5 | 2017 |
| New York Rangers | 4 | 1994 |
| New York Islanders | 4 | 1983 |
| New Jersey Devils | 3 | 2003 |
| Tampa Bay Lightning | 3 | 2021 |
| Colorado Avalanche | 3 | 2022 |
| Philadelphia Flyers | 2 | 1975 |
| Los Angeles Kings | 2 | 2014 |
| Anaheim Ducks | 1 | 2007 |
| Calgary Flames | 1 | 1989 |
| Carolina Hurricanes | 1 | 2006 |
| Dallas Stars | 1 | 1999 |
| Florida Panthers | 1 | 2024 |
| St. Louis Blues | 1 | 2019 |
| Vegas Golden Knights | 1 | 2023 |
| Washington Capitals | 1 | 2018 |
More Stanley Cup Betting Resources
Check out these NHL betting resources to help you place bets on all sorts of futures, including the playoffs, finals, and award winners:
- NHL Odds and Betting Guide
- The Best NHL betting sites
- Complete NHL teams list
- Betting odds calculator
- NHL news
More NHL Futures Markets
Check out our NHL Awards guide for an in-depth look at how to bet on all the individual futures markets below:
- NHL Conn Smythe Odds
- NHL Hart Memorial Odds
- NHL Rocket Richard Odds
- NHL Art Ross Odds
- NHL Selke Award Odds
- NHL Vezina Trophy Odds
- NHL Calder Trophy Odds
- NHL Norris Trophy Odds
- NHL Lady Byng Award Odds
- NHL Jack Adams Award Odds
Replay: 2025 Stanley Cup Odds
While Edmonton is expected to return to hockey’s biggest stage and win it all, anything can happen as we approach the second half of the NHL season. Make sure you lock in your Stanley Cup Finals odds early with one of the top Stanley Cup betting sites in Canada. Follow the odds to win big on this year’s quest for hockey glory!
Stanley Cup Betting Odds FAQ
Currently, the Florida Panthers (+170) are favoured to win the Stanley Cup followed by the Dallas Stars (+190) at bet365.
Currently in round 3 of the playoffs, the Florida Panthers have the best odds to win the Stanley Cup, followed by the Edmonton Oilers.
Yes, you can bet on Stanley Cup odds at any time. While the available odds board is constantly changing depending on the time you are looking to place a wager, both in-season and offseason bets can be placed on Stanley Cup odds.
Canadians can bet on the Stanley Cup from multiple online sportsbooks. We recommend bet365, Sports Interaction, and BET99 as the top oddsmakers to take your action to. We’ve also reviewed each of the best NHL betting sites in Canada so you can find a reliable and trustworthy oddsmaker to place your Stanley Cup wagers with.
The Stanley Cup Final is a best-of-seven series between the winners of the Eastern Conference and Western Conference of the NHL. The first team to win four games is crowned that year’s Stanley Cup Champions, meaning a minimum of four games will be played, with a maximum of seven.
A minus sign (-200) represents how much you need to wager in order to profit $100. A plus sign (+500) shows how much profit will be won by wagering $100. This is extremely common for Stanley Cup odds, as futures betting markets are harder for bettors to win. For example, if the Carolina Hurricanes have +500 odds to win the Stanley Cup, this means a $100 wager would return a total of $600 if they were successful, with $500 being profit and $100 being your stake returned.