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Stanley Cup odds 2023-24
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Every NHL season produces its fair share of surprises, and the latest campaign has been no different. 

The Edmonton Oilers opened the season at +900 to win the Stanley Cup, trailing only the betting favorite in the Colorado Avalanche (+800) at BetMGM.

It's a little over a month into the regular season, and my how fortunes have changed for the Oilers. Edmonton fired head coach Jay Woodcroft and assistant coach Dave Manson after starting the season at 3-9-1. Edmonton cascaded down Stanley Cup odds boards as a result. 

This is just the latest case study in how Stanley Cup odds can fluctuate at top-rated sportsbooks. Here's a look at Stanley Cup odds for all 32 NHL teams.

Odds on NHL teams to win 2024 Stanley Cup  

Here are live Stanley Cup odds on the best sports betting apps. These odds are dynamic and ensure you're betting on the best odds for every NHL team to win the 2024 Stanley Cup. 

 

2024 Stanley Cup top contenders 

We referenced the Avalanche in the intro, and Colorado leads the discussion of top NHL contenders.

Avalanche

Colorado trails Dallas in the Central Division standings, but the Avs are still the betting favorite to win the Stanley Cup at odds of .

Colorado, which won the 2022 Stanley Cup, still ranks as one of the NHL's most complete teams. Defenseman Cale Makar along with forwards Mikko Rantanen and Nathan MacKinnon remain leaders from that championship team.

Golden Knights

The Vegas Golden Knights are defending Stanley Cup champions, and VGK has come out of the gate strong in its bid to repeat. The Knights lead the Pacific Division after a 12-3-1 start to the season.

William Karlsson and Jack Eichel are the top scorers and point-getters for Vegas early in the year. Adin Hill and Logan Thompson have split goaltending duties, and both have been stingy in net. Hill boasts the better goals against average at 1.75.

More NHL wagering: Latest NHL odds | Best NHL betting promos and bonuses

Stanley Cup value bets  

The Hurricanes and Bruins are both coming off big seasons, and they find themselves near the top of Stanley Cup oddsboards early in the 2023-24 NHL season.

Hurricanes

Sebastian Aho and Jesperi Kotkaniemi are the offensive catalysts for Carolina. Head coach Rob Brind'Amour employs an aggressive style of forechecking that always makes the Hurricanes a difficult team to play against.

The Hurricanes also have a solid goaltending tandem in Antti Raanta and Frederik Andersen. Those two net minders combined to go 8-3 early this year.

Bruins

Boston won the Presidents' Cup trophy as the NHL's best team in the regular season last year. The Bruins also set a new NHL record for most wins in a single season with 65.

David Pastrnak has reprised his role as Boston's leading scorer this season. He tallied 11 goals through the first 15 games. Linus Ullmark is the reigning Vezina Trophy winner as the NHL's top goaltender. Ullmark's picked up where he left off, going 6-1 in his first seven starts.     

What sportsbooks have the best Stanley Cup odds?

Looking for the best Stanley Cup odds and betting bonuses? We've got you covered with with links and bonus codes that will unlock more than $5,000 when you sign up as a new user at these top-rated sportsbooks.

What other NHL futures bets can you make?

There are several other NHL futures betting markets available on top sports betting apps. Here's a sampling of additional futures markets for hockey bettors:

  • Eastern Conference champion
  • Western Conference champion
  • Division winners
  • Vezina Trophy winner (best goalie)
  • Hart Trophy winner (regular season MVP)
  • Calder Trophy (rookie of the year)
  • Rocket Richard Trophy (top goal scorer)
  • Norris Trophy (best defenseman)
  • Jack Evans Trophy (best coach)

It's important to note that some states including New York, Virginia, and Rhode Island do not allow betting on player and coach awards because they're deemed subjective. Members of the media typically vote to determine the winners of these awards. 

Odds of recent Stanley Cup winners  

Take a look at the latest Stanley Cup champions and their odds (via SportsOddsHistory.com). 

  • 2023: Vegas Golden Knights (+1800)
  • 2022: Colorado Avalanche (+600)
  • 2021: Tampa Bay Lightning (+900)
  • 2020: Tampa Bay Lightning (+675)
  • 2019: St. Louis Blues (+3000)
  • 2018: Washington Capitals (+1125)
  • 2017: Pittsburgh Penguins (+1100)
  • 2016: Pittsburgh Penguins (+1300)
  • 2015: Chicago Blackhawks (+700)
  • 2014: Los Angeles Kings (+1200) 

Stanley Cup odds FAQ

1. What team is most likely to win the 2024 Stanley Cup?

The Colorado Avalanche are the betting favorite to win the 2024 Stanley Cup at odds of +875. 

2. What does +875 odds mean?

Futures odds of +875 means a $100 bet will return $875 in winnings and your $100 stake back for a total payout of $975. At odds of +875, you have a 10.26% implied probability of winning the bet. 

3. What team has won the most Stanley Cup titles?

The Montreal Canadiens have the most Stanley Cup wins with 24, but the Canadiens haven't won the Cup since 1993.

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Author(s)
Kris Johnson Photo

Kris Johnson is lead writer with Catena Media. With more than 15 years in sports journalism, his work has been featured in Sports Business Journal, Sports Business Daily, The Sporting News, NASCAR Illustrated, and more.