The Stanley Cup is the culmination of the National Hockey League (NHL) season, served as an grueling elimination tournament to crown the league's top team. The process begins with the Stanley Cup playoffs, where 16 teams - the top eight from both the Eastern and Western Conferences - compete in four rounds of best-of-seven series.
To win the title, a team must secure 16 postseason victories, finishing with the Stanley Cup Final, which pits the two conference champions against one another.
Let's take a closer look at the latest odds.
The latest odds for 2027 Stanley Cup title winner can be found in the table below, courtesy of the best US sportsbooks available today.
| Team | FanDuel | BetMGM | Caesars | DraftKings |
|---|---|---|---|---|
| Carolina Hurricanes | +650 | +750 | +800 | +700 |
| Colorado Avalanche | +700 | +700 | +600 | +800 |
| Tampa Bay Lightning | +1000 | +1200 | +1000 | +1200 |
| Edmonton Oilers | +1100 | +1100 | +1500 | +1100 |
| Minnesota Wild | +1200 | +1400 | +1500 | +1400 |
| Florida Panthers | +1200 | +1100 | +1200 | +1100 |
| Vegas Golden Knights | +1400 | +1000 | +1100 | +850 |
| Ottawa Senators | +1600 | +1800 | +1500 | +1600 |
| Dallas Stars | +1700 | +1500 | +1800 | +1500 |
| New Jersey Devils | +2000 | +3000 | +2500 | +3000 |
| Odds are current at the time of publishing and are subject to change. | ||||
The grueling 82-game regular season has finally separated the true contenders from the pretenders, setting the stage for an unforgettable playoff run. After carefully evaluating the matchups, momentum, and roster depth, here is my pick for which NHL team will ultimately hoist the Stanley Cup.
The Carolina Hurricanes enter the 2026-27 NHL season as prime candidates to capture the 2027 Stanley Cup.
Fresh off capturing the 2026 Stanley Cup with a dominant 16-3 postseason run that culminated in a six-game series victory over the Vegas Golden Knights, Carolina's roster is perfectly constructed to repeat. They boast a terrifying, balanced offensive attack spearheaded by stars like Sebastian Aho and Andrei Svechnikov, alongside a scorching line featuring Taylor Hall, Logan Stankoven, and Jackson Blake that dismantled opposing defenses all spring.
Anchored by the veteran leadership of 2026 Conn Smythe Trophy winner Jordan Staal, a suffocating defensive system implemented by head coach Rod Brind'Amour, and a newly proven goaltending tandem featuring Frederik Andersen and breakout rookie Brandon Bussi, who recorded a historic shutout in the Cup-clinching Game 6, the Hurricanes simply have the high-end talent and battle-hardened grit required to successfully run it back and hoist Lord Stanley's Cup once again.
Since the trophy was first awarded to the NHL's champion in 1927, iconic franchises and legendary dynasties have etched their names into its silver bands, creating a rich tapestry of triumph, heartbreak, and historic dominance.
From the original powerhouses of the twentieth century to the modern, back-to-back champions of the salary-cap era, including the newly crowned 2026 champion Carolina Hurricanes, the following historical timeline chronicles every team that has successfully navigated the postseason gauntlet to hoist Lord Stanley's Cup.
| Team | Year |
|---|---|
| Carolina Hurricanes | 2025-2026 |
| Florida Panthers | 2024-2025 |
| Florida Panthers | 2023-2024 |
| Vegas Golden Knights | 2022-2023 |
| Colorado Avalanche | 2021-2022 |
| Tampa Bay Lightning | 2020-2021 |
| Tampa Bay Lightning | 2019-2020 |
| St. Louis Blues | 2018-2019 |
| Washington Capitals | 2017-2018 |
| Pittsburgh Penguins | 2016-2017 |
| Pittsburgh Penguins | 2015-2016 |
With the quality of the opponent as high as it will be, it’s vital to back a team who plays in low-variance contests and excels on both sides of the ice. Two metrics to look at to help indicate how well they play are Expected Goals For and Expected Goals Against in All Situations. This shows how well a team generates high-quality Shots on Goal as well as how consistent they are at defending against them.
Another metric to factor in is a team’s goalie play. By backing a team with a solid starting goalie, this helps limit the amount of variance in their contests even more. Two metrics to consider when looking at a goaltender are their marks in average Goals Against per game and in Save Percentage.
Before you place a wager on a team to win the Stanley Cup, it’s important to know how the listed odds work. If you back the Florida Panthers at their preseason odds of +750, then a $100 wager would profit you $750 if they win their third straight Stanley Cup.
If you wait to see if they make it to the finals and are listed with a minus sign in front of their odds (-125 for example), then you would need to wager $125 to profit $100. Make sure you line shop by having access to multiple apps as the odds for the same market can drastically vary between each sportsbook.
FanDuel Sportsbook is another great option to use as they offer a wide range of markets and their listed odds rival BetMGM. FanDuel is also offering a sign up bonus as new users can claim: Bet $5, Get up to $1,000 in Bet Resets. Unlike some other sportsbooks, no specific FanDuel promo code is required. New users just need to create an account and win their first bet of at least $5.
BetMGM Sportsbook has been one of the top choices for the Stanley Cup winner market as they normally beat out the rest of the apps in regard to their listed odds. If you have not signed up yet with BetMGM Sportsbook and are looking to get in on the action, you can do so with our BetMGM promo code WSNSPORTS and claim the following welcome offer: Get Up to $1,500 in Bonus Bets*.
*21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
Follow our link to find more of the best NHL betting sites available today.
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