NHL Stanley Cup Odds 2027: Hurricanes a Strong Bet to Repeat as Champs

The Stanley Cup race begins well before the playoffs, making futures markets a popular way to follow the NHL. The latest Stanley Cup odds highlight the strongest championship contenders and potential value on teams capable of making a deep postseason run. As the season progresses, injuries, trades and unexpected performances can reshape the market.

Following the NHL schedule can help identify difficult stretches and favorable matchups that may influence a team’s trajectory. From preseason futures to NHL picks, this page tracks the contenders, sleepers and storylines shaping the Stanley Cup race.

🏒 2027 Stanley Cup odds

Team	Odds	Implied probability
Carolina Hurricanes	+650	13.33%
Colorado Avalanche	+750	11.76%
Edmonton Oilers	+800	11.11%
Florida Panthers	+900	10.00%
Vegas Golden Knights	+900	10.00%
Tampa Bay Lightning	+1000	9.09%
Minnesota Wild	+1200	7.69%
New Jersey Devils	+1200	7.69%
Washington Capitals	+1600	5.88%
Dallas Stars	+1600	5.88%

Stanley Cup odds provided by bet365 – accurate as of Nov. 4

Stanley Cup odds updates

• October 27: The New Jersey Devils vault into the top-10 after acquiring Connor Hellebuyck from the Winnipeg Jets, with their Stanley Cup odds shortening to +1400.
• October 20: The Hurricanes are back in front in the Stanley Cup odds race after starting the season 7-2-1. The Utah Mammoth enter the top-10 for the first time this season.
• October 6: Despite a strong start, the Panthers Stanley Cup odds lengthened through one week of the NHL season. The team is without captain Aleksander Barkov for at least the next eight weeks, while Brad Marchand left the team’s Oct. 6 game against the Los Angeles Kings with an apparent knee injury.
• July 14: Washington Capitals’ Stanley Cup odds shorten considerably after a strong offseason in which they re-signed Alex Ovechkin, traded for Jordan Kyrou, and acquired Alex Tuch from the Buffalo Sabres.
• June 29: The Florida Panthers are the new favourites in the Stanley Cup odds, down to +700 just before the start of NHL free agency.
• June 22: The first major shift in the Stanley Cup odds occurs as the Florida Panthers, after acquiring Brady Tkachuk from the Ottawa Senators, now share the same +750 odds as the Colorado Avalanche.
• June 18: After winning their first Stanley Cup in 20 years, the Carolina Hurricanes are the early betting favourites in Stanley Cup odds for the 2026-27 season. Expect significant movement as the NHL offseason progresses.

2027 Stanley Cup favourites

Carolina Hurricanes | +650 at bet365

The Carolina Hurricanes don’t boast an NHL MVP candidate, but have one of the deepest rosters in the NHL. This is clearly reflected in the latest Stanley Cup odds and was evident during the 2026 playoffs.

Carolina received contributions up and down the lineup, with players like Jackson Blake, Taylor Hall, and Logan Stankoven elevating their games when star players Sebastian Aho and Andrei Svechnikov struggled. Goaltending may be the only area of concern next season, but the Hurricanes may have found something in 27-year-old journeyman Brandon Bussi – they’re also the favourites in the Connor Hellebuyck next team odds.

The defending champions opened the 2026-27 season with a 9-2-2 record through 13 games, establishing themselves as serious contenders in the Stanley Cup odds. Sebastian Aho leads the offense with 18 points, including seven goals and 11 assists, while Carolina ranks among the league’s highest-scoring teams with 51 goals.

Colorado Avalanche | +700 at bet365

Once again, the Colorado Avalanche begin the NHL season as one of the betting favourites in Stanley Cup odds. There’s almost no holes in their lineup; Nathan MacKinnon is one of the best players in the league and a sure contender in the Rocket Richard odds, Cale Makar is a mainstay in Norris Trophy odds conversations, and Brock Nelson finished third in Selke Trophy odds last season.

Colorado is a modest 5-3-1 through nine goals, scoring 38 goals while allowing 27. Still, they have a loaded offense and have been among the league’s most consistent teams over the last few seasons. That makes them a solid pick in the Stanley Cup odds at +700, a price that could shorten considerably if they get hot.

Colorado Avalanche | +750 at FanDuel

The Colorado Avalanche remain among the leading contenders in the Stanley Cup odds, with elite talent and offensive firepower making them a serious threat to win another championship.

Nathan MacKinnon leads the way with 21 points, including seven goals and 14 assists, through 12 games. His relentless shot volume and ability to take over games also make him a major contender in the Rocket Richard odds race.

On defense, Cale Makar provides another game-changing weapon, contributing 11 points in 11 appearances while quarterbacking Colorado’s power play. His combination of offensive production, skating, and all-around impact keeps him firmly in the conversation for the Norris Trophy odds. If Colorado tightens its defensive play, the Avalanche have the star power to make a deep postseason run.

🏆 Stanley Cup sleeper pick

Minnesota Wild | +1200 at DraftKings

The Minnesota Wild are a legitimate Stanley Cup sleeper pick for 2027, with their Stanley Cup odds boosted by the presence of Quinn Hughes on an already talented roster. Hughes produced 76 points last season and helped Minnesota reach the Western Conference Second Round, while Brock Faber gives the Wild an elite young partner on defense.

Minnesota also has Kirill Kaprizov and Matt Boldy leading a dangerous forward group, with Boldy coming off an 85-point season. If the Wild can keep Hughes beyond his current contract, they have the star power and defensive foundation to become a serious contender and one of the more appealing Stanley Cup sleeper picks.

The Minnesota Wild have put together an impressive start to the 2026-27 season, posting an 8-3-2 record through 13 games and winning their last two outings. Kirill Kaprizov leads the way with 13 goals and 21 points, putting him atop the NHL scoring charts and making him a strong daily selection in our NHL anytime goalscorer picks.

📈 Stanley Cup betting trends

• More often than not, the defending Stanley Cup Champion reaches the playoffs the following season, as only four champions missed the playoffs the following year since 1971
• Since 2000, 13 Eastern Conference teams have won the Stanley Cup, while 12 teams from the Western Conference took the trophy home
• The winner of the President’s Cup Trophy doesn’t carry much weight, as only eight times has the top team in the NHL during the regular season, also win the Stanley Cup in the same year

🏆 Stanley Cups won by division

🏆 Past Stanley Cup winners

When taking into consideration which teams won the Stanley Cup over the last 10 years, most of those teams were among the favorites in the Stanley Cup odds when the odds were first posted. The Avalanche, Lightning, Penguins, and Blackhawks all won in years where they were listed as the favorite.

When the Blues won, their opening odds were listed at +3800, but were as high as +10000 by the All-Star break. You’d have to go all the way back to the 2005-2006 NHL season to find a team who won the Stanley Cup with higher opening odds. That was the Carolina Hurricanes who won the Cup with opening odds of +6000.

More NHL insights

If you’re looking for more expert insight into the NHL odds and getting an edge on the rest of the market. Check out more of our article

• NHL Calder Trophy Odds
• NHL Vezina Trophy Odds
• NHL Prop Bets

❓ Stanley Cup Odds FAQs

Who is the favorite to win the Stanley Cup?

Determining the odds-on favourite to win the Stanley Cup will fluctuate throughout the offseason and regular season, but the Florida Panthers and Carolina Hurricanes are current favourites. The Panthers have the shortest odds after acquiring Brady Tkachuk from the Ottawa Senators in the offseason.

Which team is most likely to win the Stanley Cup?

As predicting the winner of the Stanley Cup in 2026 is highly speculative, it is difficult to pinpoint a specific team at this stage. Many factors such as roster changes, injuries, and team performance can significantly impact this outcome. However, the Carolina Hurricanes are the current favorites, though it is a competitive race.

Who is the biggest outsider to win the Stanley Cup?

As the odds opened up, the Vancouver Canucks and Calgary Flames had the longest odds to win the Stanley Cup. With both teams struggling to formulate a strong roster, it would be wise to avoid them in this futures market. Though stranger things have happened, so keep an eye on the Stanley Cup odds movement.

Who won the Stanley Cup last year?

The Carolina Hurricanes won the 2026 NHL Stanley Cup. They successfully defeated the Vegas Golden Knights in a five-game series. Led by key players such as captain Jordan Staal, Taylor Hall, Logan Stankoven, and Sebastian Aho, the Hurricanes demonstrated their dominance throughout the playoffs and clinched their first championship in two decades.

Which conference has won the most Stanley Cups?

The Eastern Conference has historically won the most NHL Stanley Cups. Teams from the Eastern Conference have emerged victorious in the Stanley Cup Final more times than their Western Conference counterparts. This can be attributed to the presence of successful franchises like the Montreal Canadiens, the Boston Bruins, and the Detroit Red Wings, who have all contributed to the Eastern Conference’s overall success in winning the Stanley Cup.

Who won the first Stanley Cup?

The Montreal Hockey Club, also known as the Montreal HC, was the first team to win the Stanley Cup. In 1893, when the Stanley Cup was first awarded, the Montreal HC, which was a member of the Amateur Hockey Association of Canada, defeated the Ottawa Hockey Club in a two-game series to claim the inaugural championship. This victory marked the beginning of the storied history of the Stanley Cup and the Montreal HC’s legacy in the NHL.

Best NHL betting sites