Oilers Odds: Why Edmonton Can Win the Stanley Cup

Edmonton Oilers center Connor McDavid, right, speaks with defenseman Mattias Ekholm, left, and defenseman Evan Bouchard (2) during the third period of an NHL hockey game against the Los Angeles Kings, Saturday, April 11, 2026, in Los Angeles.
(AP Photo/Ryan Sun)
NHL OddsLive Betting

After falling in successive Stanley Cup Finals, the Edmonton Oilers would like to prove that third time’s a charm isn’t just a baseless adage. 

While the season didn’t go to plan, finishing with the lowest points total in a full season since 2018-19, the Oilers are renowned for playing their best hockey in the playoffs. 

With Connor McDavid more motivated than ever to win his first Cup and a promising run to cap off the campaign, can the Oilers finally get over the hump and win their first championship since 1990?  

Can the Oilers Win the Stanley Cup? 

The Edmonton Oilers’ Stanley Cup odds are off the board.

The obvious reasons they can win the Cup this season – McDavid, Leon Draisaitl, Evan Bouchard, and the team’s wealth of playoff experience – remain the most important. 

McDavid won the Art Ross for the sixth time, and he’s among the favourites to win his fourth Hart Trophy. He also secured last season’s Conn Smythe Trophy despite the Oilers losing in the Final to the Florida Panthers. 

Behind only Mario Lemieux (1.61) and Wayne Gretzky (1.84), McDavid has the third-most points per game in the playoffs (1.54). 

Draisaitl is as impressive in the postseason, notching the fifth-most points per game (1.47). 

I’d be remiss not to mention Evan Bouchard’s brilliance. The Oilers’ blueliner should win the Norris Trophy for a campaign that consisted of 95 points.

While a superb tally, Bouchard is even better in the playoffs. He is second all-time among defencemen for points per game in the postseason (1.1), trailing Bobby Orr (1.2). 

Are the Oilers Good Enough Beyond the Big 3?

Matt Savoie made the most of his chance to play with McDavid down the stretch, with seven goals in the final 11 games, including his first career hat trick. 

That sample size should buoy his confidence as he enters his first postseason. The Oilers also made some key roster moves, adding defensive and checking specialists Jason Dickinson and Colton Dach at the trade deadline. 

Zach Hyman is healthy, and so is Mattias Ekholm, who missed most of last year’s playoffs with a torn abductor. 

Their collective health and roster additions significantly boost their Cup chances. 

What About the Oilers’ Goaltending? 

The same question rears its ugly head before each postseason, but Connor Ingram’s late-season form provides hope and will instill confidence. 

Ingram finished the season with a 7-4-1 record, a .911 save percentage, and a 2.30 goal-against average (GAA), helping the Oilers boast the third-best defensive record since March 24. 

Keep in mind that Ingram doesn’t need to be the best goaltender in the playoffs for the Oilers to win. Still, he cannot allow weak goals, something that became customary in recent playoffs. 

Their hockey odds to win the first series at the BetMGM online sportsbook are -238, and I discuss why in my Ducks vs. Oilers preview

Things will get markedly more challenging if they successfully navigate the first round, but the Oilers will back themselves to go on another deep run.

Will they win the Cup? While I can’t see them getting past the Colorado Avalanche, the Cup will likely be theirs if they do.

Have the Oilers Won the Stanley Cup? 

Yes, the Oilers won their first Stanley Cup in 1984. 

How Many Cups Have the Oilers Won? 

The Oilers won five Stanley Cups, all between 1984 and 1990. 

When Was the Last Time a Canadian Team Won the Stanley Cup? 

The Canadiens in 1993 were the last Canadian team to win the Stanley Cup. 

Oilers’ Playoff History

YearResult
2025Lost Stanley Cup Final
2024Lost Stanley Cup Final
2023Lost Conference Semifinal
2022Lost Conference Final
2021Lost First Round
2020Lost Qualifying Round
2019Missed Playoffs
2018Missed Playoffs
2017Lost Conference Semifinal
2016Missed Playoffs
2015Missed Playoffs
2014Missed Playoffs
2013Missed Playoffs
2012Missed Playoffs
2011Missed Playoffs
2010Missed Playoffs
2009Missed Playoffs
2008Missed Playoffs
2007Missed Playoffs
2006Lost Stanley Cup Final
2004Missed Playoffs
2003Lost First Round
2002Missed Playoffs
2001Lost First Round
2000Lost First Round
1999Lost First Round
1998Lost Conference Semifinal
1997Lost Conference Semifinal
1996Missed Playoffs
1995Missed Playoffs
1994Missed Playoffs
1993Missed Playoffs
1992Lost Conference Final
1991Lost Conference Final
1990Won Stanley Cup
1989Lost First Round
1988Won Stanley Cup
1987Won Stanley Cup
1986Lost Conference Semifinal
1985Won Stanley Cup
1984Won Stanley Cup
1983Lost Stanley Cup Final
1982Lost First Round
1981Lost Conference Semifinal
1980Lost First Round

The content provided in this blog is intended for entertainment purposes only. All views and opinions expressed are the authors and reflect their individual perspectives on sports, betting, and related topics. This content should not be considered professional betting advice or the official views of BetMGM LLC. Please gamble responsibly. If you or someone you know is experiencing issues related to gambling, seek help from a licensed health professional. This blog is not liable for any losses, damages, or consequences resulting from betting activities.