Stanley Cup Odds 2026-27: Hurricanes Lead, Bruins Climb, Panthers Slide
The Carolina Hurricanes are the favorite to win the 2027 Stanley Cup at +500 to +750 across bet365, BetMGM, DraftKings and FanDuel as of Thursday, November 12, 2026, about 10.3% once the sportsbook margin is removed. The Colorado Avalanche are next at +700 to +750.
The Edmonton Oilers follow at +750 to +850. The Florida Panthers, who opened the season as the favorite at +650, have drifted again to +950 to +1,000. Every team's Stanley Cup odds, opening price, best number and Kalshi price are in the table below.
Stanley Cup odds 2026-27 for all 32 teams
| Team | Rec | Opened | Books | Best | Fair % | Kalshi |
|---|---|---|---|---|---|---|
| Carolina Hurricanes | 15-3-2 | +750 | +500 to +750 | +750 | 10.3% | 12% |
| Colorado Avalanche | 11-6-2 | +700 | +700 to +750 | +750 | 10.0% | 10% |
| Edmonton Oilers | 14-3-3 | +900 | +750 to +850 | +850 | 8.9% | 9% |
| Vegas Golden Knights | 13-5-2 | +900 | +800 to +900 | +900 | 8.4% | 6% |
| Florida Panthers | 10-7-2 | +650 | +950 to +1,000 | +1,000 | 7.3% | 7% |
| Tampa Bay Lightning | 12-4-2 | +1,300 | +1,000 | +1,000 | 7.3% | 5% |
| New Jersey Devils | 13-6-0 | +3,300 | +1,000 to +1,300 | +1,300 | 6.7% | 7% |
| Minnesota Wild | 13-3-4 | +1,400 | +1,100 to +1,200 | +1,200 | 6.7% | 9% |
| Dallas Stars | 10-5-2 | +1,700 | +1,500 to +1,700 | +1,700 | 4.7% | 5% |
| Washington Capitals | 10-6-0 | +1,600 | +1,400 to +1,900 | +1,900 | 4.3% | 4% |
| Utah Mammoth | 10-8-1 | +3,500 | +1,800 to +1,900 | +1,900 | 4.2% | 4% |
| Montreal Canadiens | 11-3-4 | +1,900 | +2,200 to +2,700 | +2,700 | 3.3% | 4% |
| Ottawa Senators | 11-6-2 | +4,000 | +2,500 to +2,800 | +2,800 | 3.0% | 2% |
| Boston Bruins | 13-4-1 | +10,000 | +3,000 to +3,500 | +3,500 | 2.6% | 3% |
| Buffalo Sabres | 8-7-3 | +3,300 | +3,000 to +4,000 | +4,000 | 2.2% | 1% |
| Los Angeles Kings | 5-9-2 | +5,000 | +4,500 to +10,000 | +10,000 | 1.6% | 1% |
| Toronto Maple Leafs | 8-10-2 | +3,000 | +4,500 to +6,500 | +6,500 | 1.4% | 1% |
| New York Rangers | 11-8-1 | +8,000 | +5,500 to +10,000 | +10,000 | 1.0% | 1% |
| Anaheim Ducks | 10-8-1 | +3,500 | +7,000 to +9,000 | +9,000 | 1.0% | 1% |
| St. Louis Blues | 8-8-2 | +25,000 | +8,000 to +12,000 | +12,000 | 0.8% | Under 1% |
| Pittsburgh Penguins | 7-10-2 | +8,000 | +8,000 to +15,000 | +15,000 | 0.7% | Under 1% |
| Columbus Blue Jackets | 7-9-0 | +6,600 | +10,000 to +15,000 | +15,000 | 0.7% | Under 1% |
| San Jose Sharks | 8-11-1 | +3,500 | +10,000 to +16,000 | +16,000 | 0.7% | 1% |
| Nashville Predators | 10-4-5 | +20,000 | +10,000 to +16,000 | +16,000 | 0.6% | Under 1% |
| New York Islanders | 7-6-4 | +15,000 | +12,500 to +20,000 | +20,000 | 0.5% | Under 1% |
| Winnipeg Jets | 8-8-3 | +15,000 | +12,500 to +20,000 | +20,000 | 0.4% | Under 1% |
| Seattle Kraken | 9-7-1 | +40,000 | +15,000 to +30,000 | +30,000 | 0.4% | Under 1% |
| Philadelphia Flyers | 5-10-6 | +5,500 | +25,000 to +40,000 | +40,000 | 0.2% | Under 1% |
| Detroit Red Wings | 7-9-3 | +15,000 | +22,500 to +100,000 | +100,000 | 0.2% | Under 1% |
| Calgary Flames | 8-10-1 | +50,000 | +50,000 to +100,000 | +100,000 | 0.1% | Under 1% |
| Chicago Blackhawks | 4-13-1 | +25,000 | +50,000 to +100,000 | +100,000 | 0.1% | Under 1% |
| Vancouver Canucks | 3-16-1 | +50,000 | +50,000 to +100,000 | +100,000 | 0.1% | Under 1% |
"Opened" is the opening price on SportsbookReview's Stanley Cup futures board. "Books" is the range at bet365, BetMGM, DraftKings and FanDuel on VegasInsider's live board, and "Best" is the longest of those four.
Fair % takes the median price, converts it to a probability and divides by the board total of 125.2% to remove the margin, which works because all 32 teams are priced.
Kalshi is the Thursday-night midpoint, scaled so the market adds up to 100%. Records are from NHL.com as of Thursday afternoon, November 12, and match the CBS Sports standings.
Caesars and Hard Rock were left out because their prices lag the other four on a dozen teams. Our free plays, including the NHL sides we post, are on the free picks page.
Who is the favorite to win the Stanley Cup?
The Carolina Hurricanes are the favorite at +500 to +750, with DraftKings the short book at +500 and BetMGM the long one at +750. Carolina opened at +750, behind Florida, and leads the NHL with 32 points at 15-3-2.
Kalshi's Stanley Cup market has the Hurricanes at about 12%, a little above the 10.3% the books imply once the margin comes out. A $100 bet on Carolina at +750 returns $850 if the Hurricanes win the Cup.
Stanley Cup contenders behind Carolina
Colorado Avalanche
Colorado is +700 to +750 and second on the board at 11-6-2 with 24 points. The Avalanche opened at +700 and have barely moved, even though they sit third in the Central Division behind Minnesota and Nashville.
Edmonton Oilers, Vegas Golden Knights and Florida Panthers
Edmonton is +750 to +850 at 14-3-3, and its 31 points are second in the league; the Oilers opened at +900 and have shortened. Vegas is +800 to +900 at 13-5-2 after opening at +900.
Florida went the other way. The Panthers opened as the favorite at +650 and are now +950 to +1,000 at 10-7-2, fifth in the Atlantic Division.
Tampa Bay Lightning, Minnesota Wild and New Jersey Devils
Tampa Bay is +1,000 at all four books, down from an opener of +1,300, at 12-4-2. Minnesota is +1,100 to +1,200 at 13-3-4, and its 30 points are third in the NHL. Kalshi again rates the Wild higher than the books do, at about 9% against 6.7% fair.
New Jersey is still the biggest mover on the board. The Devils opened at +3,300, traded for Connor Hellebuyck on October 23 and are now +1,000 to +1,300 at 13-6-0.
The long prices with the records to beat them
Boston is 13-4-1 with 27 points, first in the Atlantic, and has shortened to +3,000 to +3,500 from an opener of +10,000. Montreal is 11-3-4 with 26 points and still +2,200 to +2,700. Nashville is now the widest gap between standings and price: the Predators are 10-4-5, second in the Central, and +10,000 to +16,000.
On the other side, Toronto has drifted to +4,500 to +6,500 at 8-10-2. The Los Angeles Kings are +4,500 at FanDuel and +10,000 at BetMGM at 5-9-2, still the biggest disagreement between books on any team.
How Stanley Cup futures work
Books build in a margin, which is why the 32 prices add up to 125.2%. Shopping the best price matters more on futures than on any single game: Carolina is +500 at DraftKings and +750 at BetMGM, a difference of $250 on a $100 bet.
Our guide to futures bets explains the math, and Kalshi lets you sell out of a position before the season ends.