🏒 Stanley Cup Odds & Favorites 2026: Avalanche Maintain Small Lead Over Lightning

The Colorado Avalanche are back to their best and sit atop the Stanley Cup odds leaderboard, just ahead of the Tampa Bay Lightning.
The Colorado Avalanche celebrating a goal as we provide the Stanley Cup odds and favorites.
Pictured: The Colorado Avalanche celebrating a goal as we provide the Stanley Cup odds and favorites. Photo by Isaiah J. Downing via Imagn Images
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The Colorado Avalanche are back on track after a brief stumble, and they are the favorites to win it all, according to the Stanley Cup odds. 

The Tampa Bay Lightning, who remain on their heels, have struggled since returning after the Olympic break. The Carolina Hurricanes have taken advantage, closing the gap on the Lightning as third-favorites. Despite their continued inconsistency, the Vegas Golden Knights and Edmonton Oilers round out the five favorites. 

🔢 Stanley Cup odds 2026

Our Stanley Cup odds update in real time. See the NHL odds for the best odds on each game during the 2025-26 season.

📊 Updated betting insights 

These betting insights are provided by BetMGM, one of the best sports betting sites. 

Line movement (Open to now)

  • Avalanche +800 to +300
  • Lightning +1500 to +400
  • Hurricanes +900 to +500
  • Golden Knights +1200 to +900

Highest ticket%

  • Avalanche 14.7%
  • Golden Knights 7.8%
  • Hurricanes 7.0%

Highest handle%

  • Avalanche 19.4%
  • Oilers 8.6%
  • Hurricanes 7.7%

Biggest liability

  • Sharks
  • Penguins
  • Kraken

📖 Opening Stanley Cup odds

Here are the opening 2026 Stanley Cup odds via FanDuel:

  • Panthers: +750
  • Oilers: +750
  • Hurricanes: +900
  • Avalanche: +1000
  • Stars: +1200
  • Golden Knights: +1200
  • Lightning: +1600
  • Devils: +2000
  • Kings: +2000
  • Maple Leafs: +3000
  • Jets: +3500
  • Capitals: +3500
  • Senators: +4000
  • Rangers: +4000
  • Mammoth: +4000
  • Wild: +4500
  • Blues: +5000
  • Canucks: +5500
  • Islanders: +6600
  • Flames: +10000
  • Flyers: +10000
  • Predators: +10000
  • Canadiens: +10000
  • Red Wings: +12500
  • Blue Jackets: +12500
  • Bruins: +12500
  • Sabres: +15000
  • Penguins: +28000
  • Kraken: +31000
  • Ducks: +39000
  • Sharks: +50000
  • Blackhawks: +50000

📜 Stanley Cup betting history

Here are recent Stanley Cup winners and their preseason betting odds:

Year Team Preseason odds
2025 Florida Panthers  +900
2024 Florida Panthers +2000
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 Final FAQs

Who is the Stanley Cup Final favorite?

The Colorado Avalanche are the 2026 Stanley Cup odds favorite. Their best odds stand at +300, representing an implied win probability of 25%, according to our odds converter.

Who won the last Stanley Cup?

The Panthers defeated the Oilers in six games, beating Edmonton for the second straight final. 

When do the NHL playoffs start? 

Last season, the playoffs started on Saturday, April 19, 2025.  This season's playoffs should start close to that date. 

When does the Stanley Cup Final start?

The 2025 Stanley Cup Final began on Wednesday, June 4 and ended on June 17. 

When was the last back-to-back Stanley Cup winner?

The Florida Panthers won back-to-back Stanley Cups in 2024 and 2025. Previously, the Tampa Bay Lightning won it in 2020 and 2021, the Pittsburgh Penguins won it in 2016 and 2017, and the Detroit Red Wings in 1996 and 1997. 

When was the last Stanley Cup three-peat?

The New York Islanders won four Stanley Cups in a row from 1980 to 1983. 


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