Stanley Cup Odds 2027: Summer Betting Favorites & Top Contenders

We're a couple of months away from the start of the season, but we're still going to have a look at the latest Stanley Cup odds as the draft is done, free agency has passed us by, and the coaching carousel seems to have stopped.

Despite missing the postseason last year, the Florida Panthers sit atop the oddsboard as the favorite to claim the Cup for the third time in the last four seasons. The defending champion Carolina Hurricanes and runner-up Vegas Golden Knights both feature in the top five favorites.

🏆 Stanley Cup betting favorites

Panthers have plenty to prove

What a falloff. The Panthers (+650) claimed the 2023-24 and 2024-25 Stanley Cups, and then followed up their shot at a three-peat by missing the playoffs altogether. That spurred a busy offseason for GM Bill Zito.

Zito overhauled the goaltending situation, watching Sergei Bobrovsky depart via free agency after trading for Jacob Markstrom, and locking up Akira Schmid for a couple of seasons after picking up the RFA in a trade just before free agency opened. He also made a deal to add feisty forward Garnet Hathaway, bringing another edgy player into the fold while adding depth to the forward corps.

Then, he made one of the biggest moves of the offseason, acquiring Brady Tkachuk from the Ottawa Senators in a trade for draft picks. That pairs the Tkachuk brothers up for the first time in their professional careers. 

With stability between the pipes and the addition of gritty players to an already "loaded" squad, this team should bounce back to contend for Lord Stanley again next season. 

Hurricanes look to keep the storm roaring

You don't need to reinvent the wheel when you've just won it all. The Hurricanes (+800) lost only three games through the whole postseason, and 29 in the regular season (including overtime/shootout losses). This isn't a team that needs much help. And that's a good thing - Carolina has been incredibly quiet in the offseason.

Brandon Bussi, who stepped in and saved the team during the postseason when Frederik Andersen stumbled, will officially take over in net after a stunning first season in Carolina. Seth Jarvis needed shoulder surgery and will be sidelined to start the year, but the team brought John Carlson into the fold for some veteran defensive depth. 

There's plenty of continuity here with the bulk of the roster back again, and that should mean another deep playoff run in the upcoming season.

The Wild, Wild West (but not the Wild) 

A few teams can come out of the Western Conference and really make a deep run at all the glory. 

The Vegas Golden Knights (+1000) have reached the final in two of the last four seasons (winning in 2023), and things remain largely intact. The biggest question surrounding this team is goaltender Carter Hart's play, who was a big part of the team's postseason success before faltering at the finish line. If he can harness some of his early postseason form, this team should compete again. 

The Colorado Avalanche (+750) have been one of the league's most dominant teams for years, and won the Cup just four years back. And while that seems a long time, they won the Presidents' Trophy last season and have superstars all over the ice, including players who will contend for numerous individual awards. The problem is that hasn't translated to playoff success, and they'll need to find a way to get over that hump if they want to win it all, no matter how stacked the roster is. 

The Connor McDavids Edmonton Oilers (+1200) have made the final in two of the last three years, losing both. They have the league's best player (McDavid) leading the way, and as long as he remains in his prime, this team is a threat to win it all. They've brought in veteran coach Mike Babcock, once considered the best coach in the sport and a Stanley Cup-winning bench boss, and signed Stanley Cup-winning goaltender Frederick Andersen to bring depth and stability between the pipes.