The 2024-25 NHL season is well underway, so there’s no better time to start thinking about who will win the Stanley Cup.
Can the Florida Panthers repeat as champions? Or will Connor McDavid lead the Oilers for his first ring?
Let’s dig into the latest odds and make our 2025 Stanley Cup predictions.
NHL Stanley Cup Winner Odds 2025
NHL odds referenced below are current as of Tuesday, Feb. 18, and courtesy of DraftKings Sportsbook.
- Edmonton Oilers (+600)
- Carolina Hurricanes (+650)
- Florida Panthers (+800)
- Dallas Stars (+900)
- New Jersey Devils (+1100)
- Toronto Maple Leafs (+1100)
- Vegas Golden Knights (+1200)
- Washington Capitals (+1400)
- Colorado Avalanche (+1400)
- Winnipeg Jets (+1400)
- Tampa Bay Lightning (+1600)
- Los Angeles Kings (+1600)
- Minnesota Wild (+2500)
- New York Rangers (+3500)
- Boston Bruins (+4500)
- Ottawa Senators (+5000)
- Vancouver Canucks (+6000)
This list essentially represents the top half of the league, as the other 15 franchises have odds of 100-1 or longer to win the Stanley Cup in 2025.
At the top of the board, it’s no surprise that the Oilers remain the odds-on favorites after falling in Game 7 of the Stanley Cup Final in June. Currently sitting atop the Pacific Division, the Oilers have cap space to acquire an impact player at the trade deadline with Evander Kane on LTIR.
The Hurricanes have surpassed the Panthers as second in odds following their blockbuster addition of Mikko Rantanen.
On another note, it does feel that the upstart Capitals are being a bit undervalued at (+1400) despite leading a division that also includes the Devils and Hurricanes.
Who Will Win the Stanley Cup 2025?
Edmonton Oilers (+600)
The Oilers are favorites for good reason. Not only did they come close to completing an epic comeback from down 3-0 in last year’s Stanley Cup Final, but they have a loaded roster led by generational superstar Connor McDavid.
This is another team that got off to a slow start but has rounded into form coming into the 4 Nations Faceoff Break.
Just wait until they improve their team even more at the trade deadline.
While goaltending is a concern, we can’t count out last year’s finalists due to their top-end talent.
Give me Edmonton to win the Stanley Cup at +900 odds as one of my NHL best bets today.
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Stanley Cup Favorites 2025
Carolina Hurricanes (+650)
For years, the main question with the Hurricanes is that they don’t have a superstar.
But after trading for Mikko Rantanen, this team has the top-end talent needed to win the Cup.
Add in one of the best defensive cores in the league and an emerging two-way talent like Seth Jarvis, and you can see why the Canes are so dangerous.
Florida Panthers (+800)
The Panthers have a three-point lead in the Atlantic Division over the Maple Leafs. Florida has dealt with injuries to Aleksander Barkov, but they’ve been able to stay afloat.
You just know that this team has what it takes to turn their game up a notch once the playoffs come around.
The Cats have everything you need for another deep run, including high-end goaltending and physical play.
Stanley Cup Contenders 2025
Dallas Stars (+900)
Let’s not forget that the Stars held a 2-1 series lead over the Oilers in the 2024 Western Conference Final.
This is a team that has all the pieces in place for a Stanley Cup run, including stud forwards like Jason Richardson, a loaded blueline led by Miro Heiskanen, and an elite goaltender in Jake Oettinger.
While the Stars got off to a slow start this year, they’re now 35-18-2 as of February 18, putting them firmly in second place in the Central Division.
New Jersey Devils (+900)
The Devils are living up to expectations thanks to strong years from Jack Hughes, Jesper Bratt, and Jakob Markstrom.
The goaltending upgrade is particularly huge for a team that struggled between the pipes last year.
The one question I have is can Sheldon Keefe exorcise those playoff demons that we saw when he coached the Maple Leafs.
Stanley Cup Sleepers 2025
Washington Capitals (+1400)
The Capitals have been able to exceed even the wildest expectations with a dominant first half of the season.
Head coach Spencer Carbery is the heavy favorite to win Coach of the Year and rightfully so. This team is sound defensively and has gotten a breakout season from Dylan Strome.
Don’t count this team out just because of their preseason expectations — you can throw those out the window right now.
Los Angeles Kings (+1600)
The Kings are stout defensively with strong goaltending from Darcy Kuemper and a big year from Anze Kopitar.
As of February 18, this team is third in the Pacific Division thanks to their tight defensive play.
Los Angeles looks built for a deep playoff run, as long as it can avoid the Oilers in the first round for once.