Stanley Cup Odds, Predictions, Betting Picks 2025: Panthers on Top as Early Favorites

• The Florida Panthers are the favorite to repeat as Stanley Cup champions heading into 2025

• The Edmonton Oilers have dropped down to as low as fourth on the oddsboard to win the cup

• The Dallas Stars are also the favorite to win the Stanley Cup depending on which sportsbook you look at

After being listed as a favorite to win the Stanley Cup for a majority of the year, the Florida Panthers managed to live up to expectations and won their first championship since their inception into the league. They were one of the best all around units in the league, possessing high marks in both Expected Goals For and Expected Goals Against in all situations. Sergei Bobrovsky played as one of the best goalies in the league while their back end excelled at limiting opposing time of possession in their own zone with their physicality. With a majority of their key pieces coming back, it’s no surprise that the Panthers are listed as a favorite to repeat as a Stanley Cup champion. It won’t be easy by any means as there is more parity than ever with a handful of teams listed right behind them on the oddsboard to win it all.

The NHL 2025 Stanley Cup Championship Winner Odds

Odds courtesy of the BetMGM sportsbook. Click on the odds in the table below to head to the BetMGM sportsbook and place your bets. Get up to $1,500 in bonus bets back if you lose your first bet with the WSN promo code WSNMGM.

Stanley Cup 2025 Predictions and Favorites to Win

Florida Panthers (+900) at FanDuel

After winning the Stanley Cup in 2024, the Florida Panthers are listed as the favorites to repeat as champs heading into 2025. Should they pull it off, they would be the first team to repeat as champions since the Tampa Bay Lightning did it back in 2020-2021. They certainly have the production to do it, bringing back a majority of their key pieces that contributed to high marks in both Expected Goals For and Against in all situations. One of those players include star goaltender Sergei Bobrovsky who played as one of the best goalies in the league. Even after a three game skid in the Stanley Cup FInals, Bobrovsky managed to round back into form in game seven and played a crucial role at walling off the Oilers offensive attack.

Bet on Florida Panthers (+900) at FanDuel

Colorado Avalanche (+1000) at Caesars

It was a rough year for the Colorado Avalanche, battling through injuries for a majority of the season while their defensive production fell off a cliff. Their top heavy offense was capable of masking the loss of production from their defense, carrying them into the NHL playoffs off the backs of a top-3 unit in Expected Goals For. It wasn’t until the playoffs where we started to see what they could have been, improving their marks in Expected Goals Against to as high as seventh after residing in the bottom half of the league in the regular season. Should they want to find the same level of success they have had in recent years, then improving their back end on defense is priority number one heading into 2025.

Bet on Colorado Avalanche (+1000) at Caesars

Edmonton Oilers (+1000) at FanDuel

After coming up just short of winning the Stanley Cup, the Edmonton Oilers head into 2025 with some momentum to make an appearance once again. With future hall of famer Connor McDavid, the Oilers will always have the offensive capability to contend with the best of them. That was apparent as they paced the league in Expected Goals For in all situations over the course of the regular season, maintaining their high level of play throughout the NHL Playoffs. The issue for the Oilers is that Leon Draisaitl is currently up for an extension and he comes with a hefty cost. The Oilers do have plenty of young pieces that could potentially fill in, yet the loss of his production may be enough to hold them back from making another run.

Bet on Edmonton Oilers (+1000) at FanDuel

Carolina Hurricanes (+1100) at BetMGM

Another year has come and gone and the Carolina Hurricanes continue to underperform in the NHL Playoffs after putting together a dominant regular season. They entered the playoffs with the top ranked defense in Expected Goals Against and top six in Expected Goals For. Well rounded on both ends of the ice, the Carolina Hurricanes were listed as one of the favorites to win it all. Unfortunately their offense ran into a brick wall against the New York Rangers Igor Shesterkin, failing to match the Rangers scoring pace and got bounced out of the playoffs in the second round. Adding offensive depth is the top priority for the Hurricanes this offseason, giving them much needed depth that is required to make a run in the playoffs.

Bet on Edmonton Oilers (+1100) at BetMGM

Who Will Win the Stanley Cup in 2025? 

My Pick - Dallas Stars (+1000) at BetMGM

Once listed as the favorite to win the Stanley Cup during the NHL Playoffs, the Dallas Stars were eventually knocked out in the Western Conference Finals by the Edmonton Oilers. Their offense could not stay within scoring pace as their top ranked defense crumbled against the Oilers relentless offensive pressure. With their young core steadily improving, as well as having a full offseason to continue to attack that area of the ice, the Stars make for an early betting pick as they should be well rounded once again heading into 2025. Especially with their defense being captained by star goaltender Jake Oettinger, giving them a sure fire source of production in net that played a major role in their near league best marks in Expected Goals Against.

Bet on Dallas Stars (+1000) at BetMGM

Stanley Cup Winner History 

For the first time since their inception into the league, the Florida Panthers are Stanley Cup champions. Well deserved after being listed as the favorite to win the championship for a majority of the year, playing as one of the best units on both sides of the ice. They enter the 2025 season as a favorite once again, only being thwarted by the Dallas Stars for the top spot in other sportsbooks. It won’t be easy as there is seemingly more parity than ever before as eight teams are very close in listed odds to win it all. Should the Panthers pull it off, then they would be the first team to repeat as a champion since the Tampa Bay Lightning did it back in 2020-2021.

Stanley Cup Winners

How to Read Stanley Cup Winner Odds 

When looking to make any type of wager, it’s key to know how the listed odds work before placing it. While no one has a minus sign in front of them as of writing, (-130 for example), you may see that later on should someone pull ahead as the universal favorite. At -130 odds, that means you would need to wager $130 to profit $100. With the Dallas Stars currently at +1000, that means a $100 wager would profit you $1000 if they won the Stanley Cup.

How to Choose the Best Sportsbook for Betting on the Stanley Cup

It’s vital to have as many online sportsbooks as you can get in order to line shop. The goal of betting on the Stanley Cup is to get the biggest pieces as hedges while having multiple profiting scenarios. Starting with the Dallas Stars, you can find them as low as +900 at Caesars, while their highest listed odds are +1000 at BetMGM. That is a difference of $100 in a tied-up wager for a $100 bettor.

Each sportsbook also has its own unique new user promotions and bonuses, giving their users a major head start with bonus bets during the NHL Playoffs. The BetMGM Sportsbook for example is giving new users $1,500 in bonus bets* back if they lose their first wager with the WSN promo code WSNMGM.

*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms.