Calder Trophy Odds 2025: Hutson Closed as Commanding Favorite Over Celebrini, Wolf

Lane Hutson has a clear lane to the Calder Trophy, with the Montreal Canadiens rookie defenseman closing as the runaway Calder Trophy odds favorite at our best NHL betting sites. 

The other finalists are Macklin Celebrini and Dustin Wolf. 

When the market closed, Hutson had an implied win probability of 94%. Celebrini was atop the odds leaderboard for most of the season but was passed by Hutson down the stretch. 

Calgary Flames No. 1 netminder Wolf enjoyed a memorable season and challenged the two front-runners intermittently for an extended period. 

🏆 Calder Trophy odds 2025

The Calder Trophy market closed in the final week of the regular season. The winner will be announced at the NHL award show after the Stanley Cup Final. 

Calder Trophy favorites 2025

🍁 Lane Hutson Calder Trophy odds (-1600)

From -800 to -1600, Hutson's odds shortened dramatically in the season's final two weeks. That's an implied probability increase of 88.89% to 94.12%. 

Hutson finished with the most points among rookies (66) and the most assists (60). He had 10 times more assists than goals, finishing the campaign with 22 more assists than second-place Celebrini. 

Best odds: -1600 via DraftKings | Implied probability: 94.12%

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🦈 Macklin Celebrini Calder Trophy odds (+1100)

Celebrini enjoyed an incredibly consistent rookie season. Under most circumstances, he would be named the Calder Trophy recipient. However, Hutson poured it on in the second half of the season, spring-boarding the Canadiens to the playoffs. 

Celebrini, the No. 1 draft pick, had the most points per game (.90) among rookies. 

However, the Sharks were the worst team in the league. While Celebrini is faultless in his team's ineptitude, you can't ignore what Hutson accomplished in Montreal, especially considering that most analysts believed the Canadiens would be one of the league's bottom feeders. 

Best odds: +1100 via Caesars | Implied probability: 8.33%

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My 2025 Calder Trophy player to watch

🐺 Dustin Wolf Calder Trophy odds (+15000)

Wolf's Calder Trophy bid will most likely come up just short. Like Hutson, much of his candidacy depended on whether he could drag his team to the playoffs. He came within a point of doing so but was thwarted in the end. 

It was a valiant effort, though. Wolf finished with +15000 odds. 

Best odds: +15000 via DraftKings | Implied probability: 0.66%

Calder Trophy betting strategy 

You can lock in your Calder Trophy futures pick at all of our best sportsbooks, including FanDuel, BetMGM, bet365, DraftKings, and Caesars, among others. 

Shop around to find the best odds and most competitive prices. It's important to do that continually. Look to see how our best sports betting sites react to contenders' injuries, hot streaks, cold streaks, and other nuances, like whether the rookie in question has been demoted to the fourth line or promoted to the first.

Markets like Calder Trophy odds are usually found in the "Awards" tab under "futures" market. 

Calder Trophy opening odds

• Matvei Michkov: +500
• Cutter Gauthier: +600
• Will Smith: +600
• Logan Stankoven: +600
• Dustin Wolf: +1000
• Lane Hutson: +1000
• Yaroslav Askarov: +4000
• Mavrik Bourque: +4000
• Jesper Wallstedt: +4000
• Fabian Lysell: +5000
• Liam Ohgren: +5000
• Gavin Brindley: +7500

Calder Trophy odds history

Bedard ran away with last season's Calder Trophy race, with some sportsbooks closing the market fairly early. The 2024-25 campaign is shaping up to be a neck-and-neck race among the lead candidates. 

Calder Trophy FAQ

Who is the Calder Trophy favorite?

The Montreal Canadiens Lane Hutson closed as the 2025 Calder Trophy odds favorite, trading at -1600. Those odds represent an implied win probability of 94.12%, according to our odds calculator. 

Who won the Calder Trophy last year?

Chicago Blackhawks center Connor Bedard won last yerar's Calder Trophy after accruing 22 goals and 61 points over 68 games.

When will the Calder Trophy be decided?

Votes from the Professional Hockey Writers' Association must be filed before the Stanley Cup Playoffs begin. Last year's Calder Trophy was announced at the NHL Awards ceremony on June 27. 

How many No. 1 draft picks have won the Calder Trophy?

Twelve No. 1 draft picks have won the Calder Trophy, including Bedard, Auston Matthews, Mario Lemieux, Nathan MacKinnon, Patrick Kane, Alexander Ovechkin, Aaron Ekblad, Gilbert Perreault, Denis Potvin, Dale Hawerchuk, Bobby Smith, and Bryan Berard. 

When did a goaltender last win the Calder Trophy?

Steve Mason was the last goaltender to win the Calder Trophy. He secured the honor with the Columbus Blue Jackets in 2008-09. 

How many goaltenders have won the Calder Trophy?

Sixteen goaltenders have won the Calder Trophy but only three since 2000 (Mason, Andrew Raycroft, Evgeni Nabokov). 

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