Who Are the Favourites To Win the NHL Stanley Cup in 2024?

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Florida Panthers right wing Vladimir Tarasenko (10) is congratulated by defenseman Oliver Ekman-Larsson, right, after scoring a goal during the second period of an NHL hockey game against the Calgary Flames, Saturday, March 9, 2024, in Sunrise, Fla.
(AP Photo/Lynne Sladky)
Gary Pearson @newagejourno Jun 13, 2024, 3:12 PM
  • The Panthers entered the Stanley Cup Final as -130 favourites, and their odds have since shortened to -556 ahead of Game 3.
  • The Oilers are the +400 underdogs to win it all after starting the series at +110.
  • The Panthers have four of the five Conn Smythe favourites.

The updated Stanley Cup odds have the Panthers as the massive -556 favourites, with their odds moving from -130 after winning Games 1 and 2 at home. 

The Oilers’ hockey odds to win their first Stanley Cup in 18 years have lengthened to +400 at the BetMGM online sportsbook. Games 3 and 4 will be held at Rogers Place in Edmonton, where the Oilers have won four of the last five games.

Who Are the Favourites To Win the Stanley Cup?

TeamCurrent OddsOpening Odds
StarsOff The Board+1800
RangersOff The Board+1400
CanucksOff The Board+5000
Hurricanes Off The Board+1200
AvalancheOff The Board+800
BruinsOff The Board+1000
Maple Leafs Off The Board+1000
Golden KnightsOff The Board+1400
PredatorsOff The Board+6600
LightningOff The Board+1600
KingsOff The Board+2200
JetsOff The Board+5000
IslandersOff The Board+5000
CapitalsOff The Board+6600
PenguinsOff The Board+3500
Red WingsOff The Board+6600
FlyersOff The Board+15000
SabresOff The Board+4000
WildOff The Board+3000
DevilsOff The Board+1200
BluesOff The Board+6600
FlamesOff The Board+2200
KrakenOff The Board+5000
CanadiensOff The Board+25000
SenatorsOff The Board+4000
CoyotesOff The Board+15000
DucksOff The Board+25000
Blue JacketsOff The Board+12500
BlackhawksOff The Board+15000
SharksOff The Board+15000

Florida Panthers Stanley Cup Odds -556

The Panthers are cruising through two games of the Stanley Cup Final. They outscored the Oilers 7-1 overall and thoroughly dominated Game 2, winning the expected goals battle 2.92 to 1.39. 

Florida won Game 1 despite being outplayed throughout. The two games in the Sunshine State exemplified the Panthers’ ability to win in different ways.

In the opener, they relied on Sergei Bobrovsky and a solid defensive effort in the third period. Bobrovsky, the Conn Smythe Trophy Odds favourite, was far less busy in Game 2 but did his part, allowing only one goal and finishing with .39 goals saved above expected. 

The Panthers have killed all seven penalties against the playoffs’ best power play, making people wonder whether they will do to the Oilers what Edmonton did to the Dallas Stars and Los Angeles Kings. The Oilers didn’t allow a power-play goal against in either of the aforementioned series, something the Panthers are two wins away from mirroring. 

They are also the first team in the playoffs to allow just one goal against the Oilers in back-to-back games.

The -556 odds imply a winning probability of 84.75%. That staggering percentage is based on various factors, including historical evidence. Teams trailing the Stanley Cup Final 2-0 have come back and won five of 54 series, or 9%.

Things will get significantly more ominous for the Oilers if they lose Game 3. Teams trailing 3-0 are 0-for-27 in the Stanley Cup Final. 

Edmonton Oilers Stanley Cup Odds +400

The Edmonton Oilers Stanley Cup odds directly reflect their current predicament.

If there’s a silver lining, it’s playing in front of some of the loudest fans in the postseason for the next two games. While the fans should galvanize the collective, head coach Kris Knoblauch will also look forward to getting the matchup advantage due to having the last change. 

The Oilers should have won Game 1, but their Game 2 performance was one of their most lacklustre outings of the playoffs. Leon Draisaitl looked tired, unable to dominate the puck and board battles like he did earlier in the postseason. 

He wasn’t the only player who struggled to gain a foothold in Game 2. Fourteen Panthers players had a higher expected goals total than any Oilers player. That’s a mere glimpse of the home team’s utter domination. 

The playoffs are full of ebbs and flows and wild momentum swings. Losing Game 1 visibly depleted the Oilers, both physically and mentally. Knoblauch’s team desperately needed a reset.

Hopefully, returning to Edmonton will provide exactly that. The Panthers endured all sorts of difficulties getting to Edmonton with several delays impacting their travel. They arrived in Edmonton on Wednesday at about 11 p.m. ET (9 p.m. local time). While not ideal, those delays probably won’t negatively impact their pregame preparations. 

The Stanley Cup won’t be handed out on Thursday, but for all intents and purposes, it’s a must-win for the home team. Otherwise, they’ll be staring down the barrel at a 3-0 deficit, which no team has come back from. 

The Oilers’ +400 odds imply a winning probability of 20%, so there’s still hope. But that hope will fade quickly if they don’t get the job done on Thursday. Dive into what to expect for the contest with the Game 3 Oilers vs. Panthers prediction.

What NHL Team Has the Most Stanley Cup Wins?

The Montreal Canadiens hold the record for the most Stanley Cup wins, hoisting the iconic trophy 24 times. Their 24 championships set the bar for tradition and excellence in the NHL and serve as the benchmark for teams aiming to build their legacies.

What Team Won the First Stanley Cup?

The Montreal Hockey Club was awarded the first Stanley Cup after finishing as the champions of the Montreal Amateur Athletic Association in 1893. This victory marked the beginning of the storied history of the Stanley Cup and set the stage for over a century of passionate hockey.

Who Is the Stanley Cup Named After?

The Stanley Cup is named after Lord Stanley of Preston, the sixth Governor General of Canada. Lord Stanley donated the decorative rose bowl that would eventually become one of the most prestigious awards in team sports. His vision was to have a championship trophy for which teams across Canada could compete.

About the Author

Gary Pearson

Read More @newagejourno

Gary Pearson is a freelance sports writer specializing in hockey, soccer, and NFL coverage. He has contributed to various sports and sports betting publications, including Covers.com, Yardbarker, NJ.com, the Miami Herald, the Canadian Press, and the Calgary Herald.

Gary Pearson is a freelance sports writer specializing in hockey, soccer, and NFL coverage. He has contributed to various sports and sports betting publications, including Covers.com, Yardbarker, NJ.com, the Miami Herald, the Canadian Press, and the Calgary Herald.