{"id":9996,"date":"2026-09-08T08:01:06","date_gmt":"2026-09-08T12:01:06","guid":{"rendered":"https:\/\/www.squawka.com\/ca\/?page_id=9996"},"modified":"2026-10-22T05:13:52","modified_gmt":"2026-10-22T09:13:52","slug":"stanley-cup-odds","status":"publish","type":"page","link":"https:\/\/www.squawka.com\/ca\/nhl\/stanley-cup-odds\/","title":{"rendered":"Stanley Cup odds 2027: favourites, prices and value"},"content":{"rendered":"\n

Stanley Cup odds are the longest-running bet in hockey: you back a team in September and find out in June. The 2026-27 board opened with a team that missed the playoffs as favourite. Florida finished 25th last season and were +640 at Bet99 on 30 July, ahead of the champions, Carolina, and the Presidents’ Trophy winners, Colorado. That tells you what this market prices, which is the roster in front of it rather than the table behind it. This page carries that opening board against last season’s finish, the prices of the last twelve champions before their seasons began, where the seven Canadian teams sat, and the three windows worth betting. The season started on 29 September 2026, so live prices have moved since; the board stays here as the record of how the market opened.<\/p>\n\n\n\n

Detail<\/th>Value<\/th><\/tr><\/thead>
Market<\/strong><\/td>Outright winner of the 2027 Stanley Cup<\/td><\/tr>
2026 champion<\/strong><\/td>Carolina Hurricanes, 4-2 over Vegas<\/td><\/tr>
Opening favourite (30 July 2026)<\/strong><\/td>Florida Panthers, +640 at Bet99<\/td><\/tr>
Shortest Canadian team<\/strong><\/td>Edmonton Oilers, +900<\/td><\/tr>
Longest prices on the board<\/strong><\/td>Calgary Flames and Vancouver Canucks, +100000<\/td><\/tr>
Presidents’ Trophy winner has won the Cup<\/strong><\/td>8 times in 40 seasons, last Chicago in 2013<\/td><\/tr>
Last repeat champion<\/strong><\/td>Florida, 2024 and 2025<\/td><\/tr>
Final expected<\/strong><\/td>June 2027<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Stanley Cup odds 2026-27: the opening board against last season<\/h2>\n\n\n\n

This is the opening board: prices from Bet99, taken on 30 July 2026, two months before the season started, and they will have moved since. The third column is where each team finished in the 32-team regular-season table in 2025-26, which is the quickest way to see what the market is and is not rewarding. Check the live price with your sportsbook before you bet.<\/p>\n\n\n\n

Team<\/th>Odds<\/th>2025-26 finish<\/th><\/tr><\/thead>
Florida Panthers<\/strong><\/td>+640<\/td>25th<\/td><\/tr>
Carolina Hurricanes<\/strong><\/td>+700<\/td>2nd, champions<\/td><\/tr>
Colorado Avalanche<\/strong><\/td>+750<\/td>1st<\/td><\/tr>
Edmonton Oilers<\/strong><\/td>+900<\/td>14th<\/td><\/tr>
Vegas Golden Knights<\/strong><\/td>+1000<\/td>13th, finalists<\/td><\/tr>
Tampa Bay Lightning<\/strong><\/td>+1200<\/td>5th<\/td><\/tr>
Minnesota Wild<\/strong><\/td>+1300<\/td>7th<\/td><\/tr>
Washington Capitals<\/strong><\/td>+1500<\/td>12th<\/td><\/tr>
Dallas Stars<\/strong><\/td>+1600<\/td>3rd<\/td><\/tr>
Montr\u00e9al Canadiens<\/strong><\/td>+2250<\/td>6th<\/td><\/tr>
Anaheim Ducks<\/strong><\/td>+2900<\/td>18th<\/td><\/tr>
Buffalo Sabres<\/strong><\/td>+3000<\/td>4th<\/td><\/tr>
Utah Mammoth<\/strong><\/td>+3000<\/td>15th<\/td><\/tr>
Los Angeles Kings<\/strong><\/td>+3000<\/td>20th<\/td><\/tr>
New Jersey Devils<\/strong><\/td>+3000<\/td>21st<\/td><\/tr>
Ottawa Senators<\/strong><\/td>+3500<\/td>9th<\/td><\/tr>
Toronto Maple Leafs<\/strong><\/td>+3500<\/td>28th<\/td><\/tr>
San Jose Sharks<\/strong><\/td>+3500<\/td>24th<\/td><\/tr>
Philadelphia Flyers<\/strong><\/td>+5000<\/td>11th<\/td><\/tr>
Columbus Blue Jackets<\/strong><\/td>+6000<\/td>17th<\/td><\/tr>
New York Rangers<\/strong><\/td>+8000<\/td>30th<\/td><\/tr>
Boston Bruins<\/strong><\/td>+10000<\/td>8th<\/td><\/tr>
Pittsburgh Penguins<\/strong><\/td>+10000<\/td>10th<\/td><\/tr>
New York Islanders<\/strong><\/td>+15000<\/td>19th<\/td><\/tr>
Detroit Red Wings<\/strong><\/td>+15000<\/td>16th<\/td><\/tr>
Nashville Predators<\/strong><\/td>+20000<\/td>23rd<\/td><\/tr>
Winnipeg Jets<\/strong><\/td>+20000<\/td>26th<\/td><\/tr>
St. Louis Blues<\/strong><\/td>+25000<\/td>22nd<\/td><\/tr>
Chicago Blackhawks<\/strong><\/td>+25000<\/td>31st<\/td><\/tr>
Seattle Kraken<\/strong><\/td>+50000<\/td>27th<\/td><\/tr>
Calgary Flames<\/strong><\/td>+100000<\/td>29th<\/td><\/tr>
Vancouver Canucks<\/strong><\/td>+100000<\/td>32nd<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Prices from Bet99, 30 July 2026. American odds; a +640 price returns $640 in profit on a $100 stake if it wins. The sum of the implied probabilities across all 32 teams runs well above 100 per cent, so shopping between books matters more here than on a single game. Where these futures are legal in your province is set out on our NHL betting hub<\/a>.<\/p>\n\n\n\n

Where the Cup race stands in 2026-27<\/h2>\n\n\n

Live section, rebuilt 22 October 2026.<\/strong> The prices higher up this page are the opening market and carry their own date.<\/p>\n\n\n

The board above is the opening market. This is what the 2026-27 season has said since, rebuilt from the live standings. Carolina Hurricanes lead the league on 17 points from 11 games.<\/p>\n\n\n

Club<\/th>GP<\/th>Points<\/th>Points %<\/th>Goal diff<\/th><\/tr><\/thead>
Carolina Hurricanes<\/strong><\/td>11<\/td>17<\/td>.773<\/td>+15<\/td><\/tr>
Vegas Golden Knights<\/strong><\/td>11<\/td>16<\/td>.727<\/td>+14<\/td><\/tr>
Edmonton Oilers<\/strong><\/td>9<\/td>15<\/td>.833<\/td>+14<\/td><\/tr>
Boston Bruins<\/strong><\/td>10<\/td>15<\/td>.750<\/td>+14<\/td><\/tr>
New York Rangers<\/strong><\/td>11<\/td>15<\/td>.682<\/td>+9<\/td><\/tr><\/tbody><\/table><\/div>\n\n\n

The best placed of the seven Canadian clubs is Edmonton, at number 3 in the league. Three of the seven currently sit inside the top sixteen.<\/p>\n\n\n

Canadian club<\/th>League rank<\/th>GP<\/th>Points<\/th>Goal diff<\/th>Streak<\/th><\/tr><\/thead>
Edmonton<\/strong><\/td>3<\/td>9<\/td>15<\/td>+14<\/td>W2<\/td><\/tr>
Ottawa<\/strong><\/td>9<\/td>10<\/td>14<\/td>+5<\/td>W1<\/td><\/tr>
Toronto<\/strong><\/td>12<\/td>11<\/td>12<\/td>+3<\/td>W2<\/td><\/tr>
Winnipeg<\/strong><\/td>18<\/td>9<\/td>10<\/td>-2<\/td>L2<\/td><\/tr>
Montréal<\/strong><\/td>20<\/td>9<\/td>10<\/td>-4<\/td>OT1<\/td><\/tr>
Vancouver<\/strong><\/td>30<\/td>11<\/td>5<\/td>-18<\/td>L2<\/td><\/tr>
Calgary<\/strong><\/td>32<\/td>8<\/td>4<\/td>-20<\/td>W1<\/td><\/tr><\/tbody><\/table><\/div>\n\n\n

Ranks move most in October and least in March. A club outside the top sixteen now is not out of the race, and stanley cup odds that have not moved since July are not necessarily wrong, but the two are worth reading together.<\/p>\n\n\n

What the board is pricing<\/h2>\n\n\n\n

Carolina opened as favourites to repeat and were overtaken by Florida during July. The two-time champions of 2024 and 2025 finished 25th last season, missed the playoffs and were the shortest price in the league by the end of July, so the market was pricing their summer, not their spring. Colorado at +750 finished first overall on 121 points and lost in the playoffs anyway. Vegas at +1000 are the beaten finalists.<\/p>\n\n\n\n

The mismatches run both ways. Buffalo finished fourth in the league and sit at +3000. Boston finished eighth and are +10000. Ottawa were ninth and are +3500, the same price as Toronto, who finished 28th. A futures board is a judgment about rosters, goaltending and playoff experience, and it treats a strong regular season on a young or unproven team as evidence of very little. That is where value tends to hide.<\/p>\n\n\n\n

Where the seven Canadian teams sit<\/h2>\n\n\n\n

No Canadian team has won the Cup since Montr\u00e9al in 1993, a drought covered in full on our Stanley Cup winners page<\/a>. The market does not expect that to change this season. All seven clubs, with their arenas and Cup records, are on our Canadian NHL teams<\/a> guide.<\/p>\n\n\n\n

Team<\/th>Odds<\/th>2025-26 finish<\/th>Note<\/th><\/tr><\/thead>
Edmonton Oilers<\/strong><\/td>+900<\/td>14th<\/td>Finalists in 2024 and 2025; shortest Canadian price by a distance<\/td><\/tr>
Montr\u00e9al Canadiens<\/strong><\/td>+2250<\/td>6th<\/td>Best Canadian finish last season; Guhle out until late October<\/td><\/tr>
Ottawa Senators<\/strong><\/td>+3500<\/td>9th<\/td>Priced level with Toronto despite finishing 19 places higher<\/td><\/tr>
Toronto Maple Leafs<\/strong><\/td>+3500<\/td>28th<\/td>Price reflects the roster and the brand, not the finish<\/td><\/tr>
Winnipeg Jets<\/strong><\/td>+20000<\/td>26th<\/td><\/td><\/tr>
Calgary Flames<\/strong><\/td>+100000<\/td>29th<\/td>Joint-longest price on the board<\/td><\/tr>
Vancouver Canucks<\/strong><\/td>+100000<\/td>32nd<\/td>Last overall on 58 points; traded Quinn Hughes in December 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Edmonton’s Stanley Cup odds are the only Canadian price inside +2000, and they rest on two straight Finals rather than on last season’s 14th-place finish. Montr\u00e9al’s Stanley Cup odds at +2250 are the interesting Canadian number: a sixth-place team, the Atlantic’s third seed, priced behind six clubs that finished below them. Toronto’s Stanley Cup odds at +3500 are the opposite case, a 28th-place team priced like a contender because of who is on the roster and how much money follows them.<\/p>\n\n\n\n

Twelve champions and the prices they opened at<\/h2>\n\n\n\n

The table shows each recent champion’s own price before the regular season and again when the playoffs began, as recorded by odds-history archives. It is the single most useful thing to know before you buy a futures ticket.<\/p>\n\n\n\n

Season<\/th>Champion<\/th>Pre-season price<\/th>Price when playoffs began<\/th><\/tr><\/thead>
2025-26<\/strong><\/td>Carolina Hurricanes<\/td>+850<\/td>+275<\/td><\/tr>
2024-25<\/strong><\/td>Florida Panthers<\/td>+900<\/td>+425<\/td><\/tr>
2023-24<\/strong><\/td>Florida Panthers<\/td>+2000<\/td>+500<\/td><\/tr>
2022-23<\/strong><\/td>Vegas Golden Knights<\/td>+1800<\/td>+600<\/td><\/tr>
2021-22<\/strong><\/td>Colorado Avalanche<\/td>+600<\/td>+200<\/td><\/tr>
2020-21<\/strong><\/td>Tampa Bay Lightning<\/td>+900<\/td>+500<\/td><\/tr>
2019-20<\/strong><\/td>Tampa Bay Lightning<\/td>+675<\/td>+450<\/td><\/tr>
2018-19<\/strong><\/td>St. Louis Blues<\/td>+3000<\/td>+460<\/td><\/tr>
2017-18<\/strong><\/td>Washington Capitals<\/td>+1125<\/td>+725<\/td><\/tr>
2016-17<\/strong><\/td>Pittsburgh Penguins<\/td>+1100<\/td>+420<\/td><\/tr>
2015-16<\/strong><\/td>Pittsburgh Penguins<\/td>+1300<\/td>+650<\/td><\/tr>
2014-15<\/strong><\/td>Chicago Blackhawks<\/td>+700<\/td>+450<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Only three of the twelve opened shorter than +850, and six opened at +1100 or longer. Florida were +2000 in September 2023 and won. Vegas were +1800. The 2019 Blues opened at +3000, were +10000 on New Year’s Day after the worst first half in the league, and lifted the Cup in June. The right-hand column shows why patience is expensive: by the time the field is set, the eventual champion has usually shortened to between +200 and +650. A ticket bought in September on the right team pays two to four times what the same team returns in April.<\/p>\n\n\n\n

Stanley Cup betting trends that hold up<\/h2>\n\n\n\n