The Stanley Cup is the most prestigious trophy in professional hockey, and every year, fans and bettors alike try to predict which team will win it all. One way to do this is by looking at the current Vegas odds of winning the Stanley Cup and the other main one is with NHL season point total over unders.

What Are Las Vegas Stanley Cup Betting Odds?

The Stanley Cup odds are the probability that a team will win the NHL Finals, expressed as a number. For example, if a team has odds of +1000, that means that you would win $1000 for every $100 you bet on that team to win the championship.

Below I have added the implied probability to help bettors handicap if the odds being displayed are worth a look or not.  Some people think in terms of the likelihood a team is going to win it all, and this helps chart that into a number.

Current Updated Odds to Win the Stanley Cup for the 2023-2024 NHL Season

TeamOddsImplied Probability
New YorkR+70012.5%

How to Read Stanley Cup Odds

There are three main types of Stanley Cup odds:

  • American odds are the most common type of odds used in the United States (and the ones we’ve used below). They are expressed as a positive or negative number. A positive number indicates how much money you would win for every $100 you bet, while a negative number indicates how much money you would need to bet to win $100. For example, if a team has odds of +1000, that means you would win $1000 for every $100 you bet on that team to win the Stanley Cup. If a team has odds of -1000, that means you would need to bet $1000 to win $100.
  • Decimal odds are used in most European countries. They are expressed as a decimal number, which represents the amount of money you would win for every $1 bet. For example, if a team has odds of 1.50, that means you would win $1.50 for every $1 you bet on that team to win the Stanley Cup.
  • Fractional odds are the oldest type of odds and are still used in some countries. They are expressed as a fraction, with the numerator representing the amount of money you would win and the denominator representing the amount of money you would need to bet. For example, if a team has odds of 6/1, that means you would win $6 for every $1 you bet on that team to win the Stanley Cup.

How to Use Stanley Cup Odds to Make Predictions

Once you understand how Stanley Cup odds work, you can use them to make predictions about which team will win the Stanley Cup. There are a number of factors that you can consider when making your predictions, such as the team’s recent performance, its roster, and its schedule. You can also look at the odds of other teams to get an idea of which teams are considered to be the favorites.

Stanley Cup odds are a helpful tool for predicting which team will win the Stanley Cup. By understanding how Stanley Cup odds work and using them to make predictions, you can increase your chances of winning money on your futures bets.

The reason I tell recreational bettors that betting on NHL futures is a good deal for them is how much entertainment they get for their dollar.  You see, if you bet on a team to win the Stanley Cup you have a team to root for in each of their games right until they are eliminated from the playoff race, or the playoffs themselves.

This means you can get a lot of entertainment time in for the low price of a single season long wager.

Professional bettors on the other hand don’t really love futures bets.  It ties their money up too long as they have to wait until the playoffs are over to cash their tickets.

Pros prefer the churning of their edge on a daily basis so they can really compound their winnings.

If you like betting on hockey, then our live odds page is the place you can go to check out all of the daily lines and totals from several top online sports books.

We will update this futures page as the odds continue to refresh throughout the season.

History of Stanley Cup Champions & Their Futures Odds

Below you’ll find the NHL championship winners going back for the last several years as well as their odds to win at different points in the season.  You can see that it’s not always the favorites that come out on top, but it’ll be difficult to find a bigger underdog than the St. Louis Blues heading into the 2018-19 season.  If you bet $100 on the Blues at the All-Star Break you would have won $10,000 when they took home the trophy!  That’s a payout you aren’t going to see again in awhile.

There have been some small dynasties over the past 15 years starting with the Chicago Blackhawks run in the early 10s, followed by the Penguins to cap off the decade and the Tampa Bay Lightning to start the 20s off.

YearTeamPreseasonAll Star BreakPlayoffs
2023Las Vegas Golden Knights+1800+1400+1200
2022Colorado Avalanche+600+450+325
2021Tampa Bay Lightning+900+800+750
2020Tampa Bay Lightning+675+750+650
2019St. Louis Blues+3000+10000+1250
2018Washington Capitals+1125+1475+1225
2017Pittsburgh Penguins+1100+1000+770
2016Pittsburgh Penguins+1300+2600+650
2015Chicago Blackhawks+700+700+800
2014Los Angeles Kings+1200+1600+1400
2013Chicago Blackhawks+1200+400
2012Long Angeles Kings+1600+2500+2200
2011Boston Bruins+1600+1400+800
2010Chicago Blackhawks+1000+450+450

Most of the teams that end up on top are on the list of potential favorites to start the season.  By the All-Star break few teams have worked their way out of it, and by the time the NHL playoffs start they are on the short list of contenders.  Maybe it’s the home ice advantage that helps the better teams get the job done, or maybe it’s something else.

If you are going to bet a team to win the championship this year make sure you do your research.  Can they play well all season long to put themselves in a good position in the bracket?  Once they are in the playoffs do they have the superstar power to take down the opposition?

It’s a long grind, and there is a lot that has to go your way to win the Stanley Cup, but if you really like a team’s chances than the reward can definitely be worth the risk.

Teams in the NHL That Have Never Won a Stanley Cup

There are nine teams that are yet to win the Stanley Cup.  Those teams are:

  • Arizona Coyotes (formerly the Phoenix Coyotes and the Winnipeg Jets)
  • Buffalo Sabres
  • Columbus Blue Jackets
  • Florida Panthers
  • Minnesota Wild
  • Nashville Predators
  • San Jose Sharks
  • Seattle Kraken
  • Vancouver Canucks

The Seattle Kraken shouldn’t get too much flack though since they are an expansion team that has only been around since the start of the 2021-22 season.

The Coyotes have never made it passed the conference finals, while the Sabres had some good teams in the late 90s, one of which made the championship series.

The Blue Jackets have been in the league since the 2000-01 season and have never had much success.  Minnesota came into the league at the same time and made the conference finals in their third season, before never making it even that close again.

Nashville joined the league in 1998-99 and has lost the Stanley Cup Final in 2016-17 campaign to the Penguins, but haven’t had a lot of playoff success outside of that season.

Florida almost got the monkey of their backs in 2022-23 season but came up short against Las Vegas while San Jose had their shot in 2015-16 when they lost to the Penguins.

Vancouver fans are probably the ones with the most heartbreak without a title as they have made it to the finals three times but came up short each time.

Teams with the Most Stanley Cup Wins in History

There is one clear cut team who has put their hands on the Cup more than anyone: the Montreal Canadiens. However, they haven’t hoisted the trophy since back in 1993.  They had a stretch of five in a row from 1955-60 and four in a row from 1975-1979.  I’m not sure that stretch of 16 championships from 1952-to-1979 will ever again be matched.

Toronto has won four times in five years twice in their history, but again have not had much success in the modern era.

Below is the table of the seven teams that have won the Cup five or more times in the history of the NHL.

TeamTitlesLast Win
Montreal Canadiens241993
Toronto Maple Leafs131967
Detroit Red Wings112008
Boston Bruins62011
Chicago Blackhawks62015
Edmonton Oilers51990
Pittsburgh Penguins52017

Additional Hockey Betting Articles:

Other Futures Odds: