Stanley Cup Odds & Favorites 2026: Lightning Closing the Gap on Avalanche

The Tampa Bay Lightning are gradually cutting into the Colorado Avalanche's lead on top of the Stanley Cup odds leaderboard, with the former surging and the latter enduring their worst dip of the season. 

Teams we've become accustomed to seeing near the top remain in the mix, including the Carolina Hurricanes, Vegas Golden Knights, Edmonton Oilers, and Florida Panthers. However, the defending back-to-back champions are the only team among the aforementioned group on the outside of the playoff picture. 

🔢 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.

📖 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:

❓ 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 +400, representing an implied win probability of 20%, 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.