Surprisingly, the 2024-25 Stanley Cup odds continue to favor the Edmonton Oilers with BET99 giving them +800 odds. Meanwhile, The New York Rangers and their 5-0-1 record have moved to third on the odds board to hold +1050 odds.
But, can we spare a moment for the undefeated Winnipeg Jets and their ridiculously long +2250 odds? Here’s a breakdown of the 2024-25 Stanley Cup oddsboard and a value pick.

Odds as of October 24 at BET99
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It might still be early in the 2024-25 NHL season, but we’ve still seen a lot of movement on the Stanley Cup oddsboard. So let’s dive into those changes on the board.
The 2023-24 Presidents’ Trophy winners haven’t let up and sit second in the league for points percentage this year at 0.917.
Their excellent start to the season is thanks to their incredible league-leading 5.11 goals per game. Artemi Panarin’s league-leading 13 points in six games have been otherworldly.
While Panarin fills the opposition net with pucks, goalie Igor Shesterkin keeps the Rangers net clean with a 1.98GAA and 0.932SV%. Backup Jonathan Quick has been just as good with a 2.03GAA and 0.935SV%.
I’m surprised the Rangers aren’t higher up the board considering their elite offense and goaltending, that they topped the league in points and made it to the Conference Finals last season. 
The Devils hold a great 5-3-1 record and sit tied with the Rangers in points, but their odds have fallen to +1150. Why?
It has to be Jacob Markstrom-related after the former Calgary Flames goalie started the year with a pedestrian 2.99GAA and 0.902SV%. The Devils and forecasters were expecting more from him between the pipes for New Jersey.
When healthy this club is one of the best in the NHL, even without Markstrom. I do not doubt that Markstrom will start stealing games for New Jersey and their odds will move back up the board. It might be time to bet on them to win the Cup now while the odds are +1150 at BET99.
As the only undefeated team in the NHL, we must mention the Winnipeg Jets’ long +2250 odds to win the Stanley Cup.
Starting the season 6-0-0 is great, but understand it’s not a fluke. Winnipeg was a 110-point team last season and ended the year on an eight-game winning streak. So the Jets are technically on a 14-game win streak.
Winnipeg might not have an elite offense finishing 14th in goals last year, but their 3.25 goals per game average is good enough to win most games when you have two-time Vezina Trophy winner Connor Hellebuyck in the net. Since 19-20, Hellebuyck is fourth in SV% (0.918), ninth in GAA (2.59), and first in shutouts with 24.
They shouldn’t be favorites to win the Cup, but Winnipeg has the pieces (and the goalie) to challenge for a championship.

Over the past 10 years, the average opening odds for the eventual Stanley Cup champions are +1320. So don’t always bet on the chalk.
 
The Blues are the big exception with +3000 before the ’18-19 season began, netting early bettors $3,000 on a $100 bet, but it gets better! By the All-Star break that year, the Blues were at the bottom of the NHL standings – their odds of winning the Stanley Cup were +10000. That means a $100 bet would have returned a whopping $10,000 in profits. Wild.

Toronto sure has a lot of Cups, but they haven’t won or even been to a Stanley Cup Final since that last championship back in 1967. Breaking their drought of first-round exits in the 2023 playoffs, let’s pray for Leafs fans that their squad can get to the finals soon.

However, with modern parity in the NHL, it will be long before any franchise passes the Montreal Canadiens‘ 24 Stanley Cup banners, which they racked up over multiple decades in the mid-1900s.
With Florida’s championship in 2024, there are now only 10 teams who haven’t won a Cup. But that’s still under a third of the league, who have yet to put their hands on the Stanley Cup.
Most of the teams on this list have come close. All but Arizona, Columbus, Minnesota, Seattle and Winnipeg have at least appeared in a Stanley Cup Final.
Technically the Ottawa Senators did win a few Stanley Cups, but that last championship took place before the invention of penicillin, not to mention the Senators didn’t exist between 1934 (when they moved to St. Louis) and 1992. So, I’m not going to count those. Sorry Sens fans!
As hockey bettors, we’re always hunting for an edge or trends that make our wagers a little easier on the mind — when it comes to the Stanley Cup, there are a few notable patterns we can pick up on. The trophy is still anyone’s game, but here are a few common trends over the last few years that could help you narrow down a pick:
To bet on Stanley Cup odds, you’d make a futures bet on your sportsbook’s NHL section of the website. You’ll likely see a tab for futures options and the NHL finals should be a front-and-center option. Don’t be afraid to review our NHL betting guide for a few friendly tips and tricks if you’re debating a wager on the Stanley Cup!
Odds are available before the puck drops in the regular season — certain teams will always be contenders, especially if they won the Cup the previous year. When sportsbooks set the lines, they look at offseason roster moves, coaching changes and past performance specifically of the prior season.
You can find updated Stanley Cup odds at most sportsbooks – the lines may differ slightly depending on which book you use, so be sure you’re getting the best value for your money. If you’re looking for recommendations on choosing the best book head over to our NHL sites review page!
Let’s say you want to make a futures bet today. The Stanley Cup odds might look something like this:
If you feel strongly about the Leafs and believe they’ll end their Stanley Cup drought, you could wager $100 on them at +550 odds. If they triumph, you’d get a payout of $650 – your original $100 is returned along with winnings of $550. Our odds calculator will show you how much you’d win based on the odds and amount bet.

The Stanley Cup odds constantly change throughout the season – relevant news like trades, player injuries, and hot/cold streaks are a few examples of what can move a team’s line. If you see Stanley Cup odds you like, it’s best to bet on them ASAP – the Leafs may be +550 to win the Stanley Cup in October, but after a surge in December, their odds could lower to +300. Bet smart and bet early.
A futures bet is betting on the outcome of an event before it takes place – when it comes to the Stanley Cup, that means betting on who will hoist the league’s top trophy well before it’s awarded.

It’s simple on paper, but the wealth of options can make it tricky. Don’t worry if you’re risk-averse though. Odds are available well right up to the final game of the playoffs.

FIND YOUR EDGE
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