The 2024-25 Stanley Cup odds are still slow to react to the Winnipeg Jets dominating the league placing them ninth on the odds board at +1350. Meanwhile, if you're looking for a longshot to back how about the +4000 Washington Capitals who are gearing up for a Cup run?
Here's a breakdown of the 2024-25 Stanley Cup oddsboard and a value pick.
2024-25 Stanley Cup Odds
Odds as of November 14 at BET99
Stanley Cup Odds Movement
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.
Riser: Winnipeg Jets
The Jets have moved up from +1600 a week ago to hold +1350 odds, and that's simply disrespectful. I understand this oddsboard isn't giving the odds to win the Presidents' Trophy (Winnipeg leads that odds board at +440), but the Jets aren't just winning right now they're punking on the league with a seven-game win streak defeating their opponents by an incredible average of three goals.
Winnipeg's dominance is two-fold, it's scoring freely with a league-leading 5.14 goals per game and holds the best defense allowing only 2.12 goals against per game. That strong defensive stat is thanks to brick wall Connor Hellebuyck's insane 0.934 save percentage and 1.92 goals against average.
Winnipeg has everything a potential champion needs from endless goalscoring to elite goaltending. The Jets are moving up the board but they should be much higher than they are.
Faller: Nahsville Predators
After a strong offseason that saw the acquisitions of Steven Stamkos, Jonathan Marchessault and Brady Skjei, the Preds were Stanley Cup darlings with +1600 odds before the season began but some terrible shooting rates are killing the Preds and their Stanley Cup Odds.
Nashville now sits as +3000 long shots mainly due to a league-low shooting percentage of 7.88%. Stamkos and Marchessault are a big reason for that having scored on only seven percent of their shots (7 goals on 95 shots), typically these two free-agent acquisitions convert on 16 and 11% of their shots respectively.
The longer these two fail to convert at the rate Nashville expected from them the further the Preds odds will fall down the board.
2024-25 Stanley Cup Odds Best Value Bet: Washington Capitals
While all of the attention for Washington's strong 10-4-1 start to the year will be on the acquisitions of Andrew Mangiapane, Pierre-Luc Dubois, and Jakub Chychrun, leading this strong start are players already on the Caps squad.
Through Washington's 15 games, Dylan Strome is finally playing like he was drafted third overall with 23 points, Caps 2019 first-rounder Connor McMichael is scoring over a point per game with 10 goals and 17 points, and don't forget Alex Ovechkin is peeling back the years as he chases Gretzky's goal-scoring record with 10 goals and 19 points.
On top of the three offseason acquisitions I listed earlier, the Caps added more depth by acquiring a familiar name in Lars Eller from the Penguins for a 2025 fifth and 2027 third. With all of these acquisitions, the Caps are not only gearing up for a long season but a championship run.
Last 10 Stanley Cup Winners
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.
NHL Teams With The Most Stanley Cups
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.
NHL Teams That Have Never Won A Stanley Cup
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!
Stanley Cup Betting Odds and Trends
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:
- When it comes to picking a favored conference, it’s pretty split – out of the last 10 winners, 60% have been Eastern teams and the West claims 40%.
- The Cup is a repeat-friendly trophy. The Penguins and Lightning have both gone back-to-back in the last 10 years, and 16 teams total have had repeat victories since 1918.
- You’d think regular season domination would indicate a Stanley Cup favorite, but the President’s Trophy has only gone to the eventual winner of the finals eight times in its 35-year lifespan. Take a look at the 2023 Bruins – the best record in NHL history with a first-round exit. Yikes.
How To Bet On Stanley Cup Odds
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.
Where To Bet On The Stanley Cup Futures
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!
How To Read Stanley Cup Odds 2024
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.
What Are Stanley Cup Futures
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.