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2025 Stanley Cup Odds: Who’s the Real Favorite to Win It All?

Charles Taudin

Would Edmonton finally make it ?

As the 2024-25 NHL season heads into the final stretch, the race for the Stanley Cup is heating up with Edmonton still on top of the Stanley Cup Odds.

With several powerhouse teams in contention and a few dark horses looking to shake things up, the odds are shifting, and the battle for hockey’s ultimate prize is wide open.

Latest Stanley Cup Odds

Edmonton Oilers (+600)

Carolina Hurricanes (+800)

Florida Panthers (+800)

Dallas Stars (+850)

Washington Capitals (+1000)

(Odds as of March 5th. Odds are subject to change as the season progresses.)

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Breaking Down the Top Contenders

Edmonton Oilers (+600) – Can McDavid & Draisaitl Finally Do It?

Every season, it feels like this could finally be the year for the Oilers. They came painfully close last season, losing in the Finals to the Florida Panthers. With Connor McDavid and Leon Draisaitl still in their prime, they have arguably the best offensive duo in the league. If their defense and goaltending can hold up, this might be their best shot at ending Canada’s Stanley Cup drought.

Carolina Hurricanes (+800) – The Most Balanced Team?

The Canes don’t always get the attention that teams like the Oilers or Maple Leafs do, but they are built for playoff hockey. They’ve got depth at every position, elite defense, and one of the best two-way teams in the league. If you’re looking for a team that can grind its way to a championship, Carolina is a strong bet.

Florida Panthers (+800) – Ready to Repeat?

The defending champs are right back in the mix. Winning back-to-back Cups is never easy, but Florida still has the experience, skill, and toughness that carried them to a NHL championship last year. If they hit their stride at the right time, they could go on another deep run.

Dallas Stars (+850) – A Sleeper Pick?

Dallas has been quietly building a serious contender. Their mix of veteran leadership, solid goaltending, and young stars makes them a team that could surprise a lot of people. If they get hot in the playoffs, don’t be shocked if they make a deep push.

Washington Capitals (+1000) – Winning it all for Ovechkin

The Washington Capitals have a real shot at the Stanley Cup this year, thanks to a mix of experience and physical play that thrives in the postseason. With Alex Ovechkin still leading the charge, they have the leadership needed for a deep run.

Last 10 Stanley Cup Winners

Here is the list of the last 10 Stanley Cup Winners with their odds before the start of the playoffs :

  • 2023-24 : Florida Panthers (+800)
  • 2022-23 : Vegas Golden Knights (+1200)
  • 2021-22: Colorado Avalanche (+325)
  • 2020-21 : Tampa Bay Lightning (+800)
  • 2019-20 : Tampa Bay Lightning (+650)
  • 2018-19 : St Louis Blues (+1250)
  • 2017-18: Washington Capitals (+1225)
  • 2016-17 : Pittsburgh Penguins (+770)
  • 2015-16 : Pittsburgh Penguins (+650)
  • 2014-15 : Chicago Blackhawks (+800)
  • 2013-14 : Los Angeles Kings (+1400)
  • 2012-13 : Chicago Blackhawks (+400)
  • 2011-12: Los Angeles Kings (+2200)
  • 2010-11: Boston bruins (+800)
  • 2009-10: Chicago Blackhawks (+450)

Photo Credit: Perry Nelson-Imagn Images

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Global Editorial Chief of The Playoffs, I created The Free Agent, which became The Playoffs FR, in 2020 during the pandemic. A longtime fan of the four major American sports, I now oversee the editorial strategy and social media for all versions of The Playoffs. I still occasionally write about sports I’m particularly passionate about, such as the NFL or MLB.

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