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Stanley Cup Odds 2026-27: Hurricanes Favored, Panthers Drift, Devils Climb

Stanley Cup Odds 2026-27: Hurricanes Favored, Panthers Drift, Devils Climb

The Carolina Hurricanes are the favorite to win the 2027 Stanley Cup at +600 to +750 across bet365, BetMGM, DraftKings and FanDuel as of Wednesday, November 4, 2026, 10:30 AM ET, about 10.7% once the sportsbook margin is removed. The Colorado Avalanche are next at +700 to +750, then the Edmonton Oilers at +750 to +950, and the Florida Panthers, who opened the season as the favorite at +650, have drifted to +900 and fifth. Every team's Stanley Cup odds, the opening price, the best number and the Kalshi price are in the table below.

The short version
Carolina +650, Colorado +750, Edmonton +800, Vegas and Florida +900 at the four-book median. The biggest movers since the preseason openers on SportsbookReview are the New Jersey Devils (+3,300 to +1,200 after the Connor Hellebuyck trade), the Boston Bruins (+10,000 to +3,750 on an 11-4-1 start) and the Utah Mammoth (+3,500 to +1,700). Kalshi's title market has Carolina and Colorado tied at about 10% each. Prices move every week, so treat this as a snapshot.
+650
Carolina, favorite
10.7% fair chance
+750
Colorado
10% on Kalshi
+1,200
New Jersey
opened +3,300
+900
Florida
opened +650 as the favorite
Fair Stanley Cup chance at the books, margin removed, November 4, 2026
Carolina Hurricanes10.7%
Colorado Avalanche9.4%
Edmonton Oilers8.9%
Vegas Golden Knights8.0%
Florida Panthers8.0%
Tampa Bay Lightning7.0%
Minnesota Wild6.2%
New Jersey Devils6.2%
Dallas Stars4.7%
Utah Mammoth4.5%
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Stanley Cup odds 2026-27 for all 32 teams

Stanley Cup odds, all 32 teams, as of November 4, 2026, 10:30 AM ET
TeamRecOpenedBooksBestFair %Kalshi
Carolina Hurricanes12-3-2+750+600 to +750+75010.7%10%
Colorado Avalanche9-6-1+700+700 to +750+7509.4%10%
Edmonton Oilers11-2-3+900+750 to +950+9508.9%9%
Vegas Golden Knights10-5-2+900+850 to +1,000+1,0008.0%6%
Florida Panthers8-5-2+650+900+9008.0%7%
Tampa Bay Lightning9-3-2+1,300+1,000 to +1,100+1,1007.0%5%
Minnesota Wild11-3-3+1,400+1,100 to +1,200+1,2006.2%9%
New Jersey Devils10-5-0+3,300+1,100 to +1,200+1,2006.2%7%
Dallas Stars9-5-1+1,700+1,500 to +1,800+1,8004.7%5%
Utah Mammoth10-6-0+3,500+1,600 to +1,800+1,8004.5%4%
Washington Capitals8-6-0+1,600+1,600 to +1,800+1,8004.5%5%
Montreal Canadiens9-3-3+1,900+2,200 to +2,700+2,7003.1%4%
Ottawa Senators9-6-1+4,000+2,500 to +3,000+3,0002.9%2%
Buffalo Sabres7-4-3+3,300+3,000 to +3,500+3,5002.5%1%
Boston Bruins11-4-1+10,000+3,500 to +4,000+4,0002.1%3%
Toronto Maple Leafs8-7-2+3,000+4,000 to +4,500+4,5002.0%2%
Los Angeles Kings4-7-2+5,000+4,000 to +10,000+10,0001.6%1%
Anaheim Ducks7-7-1+3,500+8,000 to +10,000+10,0001.0%1%
New York Rangers8-7-1+8,000+5,500 to +10,000+10,0000.9%1%
San Jose Sharks7-8-1+3,500+8,000 to +10,000+10,0000.8%2%
Columbus Blue Jackets6-7-0+6,600+10,000 to +12,500+12,5000.8%1%
St. Louis Blues7-7-1+25,000+8,000 to +11,000+11,0000.8%1%
Pittsburgh Penguins5-8-2+8,000+8,000 to +12,500+12,5000.8%1%
Nashville Predators6-4-5+20,000+10,000 to +20,000+20,0000.5%1%
New York Islanders7-5-2+15,000+12,500 to +18,000+18,0000.5%1%
Winnipeg Jets5-8-3+15,000+15,000 to +25,000+25,0000.4%1%
Seattle Kraken8-5-1+40,000+15,000 to +25,000+25,0000.4%1%
Philadelphia Flyers4-9-4+5,500+20,000 to +30,000+30,0000.3%1%
Detroit Red Wings7-6-3+15,000+15,000 to +40,000+40,0000.2%1%
Calgary Flames7-8-0+50,000+50,000 to +100,000+100,0000.1%1%
Chicago Blackhawks4-10-1+25,000+35,000 to +80,000+80,0000.1%1%
Vancouver Canucks3-13-1+50,000+50,000 to +100,000+100,0000.1%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 124.7% to remove the margin, which works because all 32 teams are priced. Kalshi is the Tuesday-morning midpoint, scaled so the market adds up to 100%. Records are through Tuesday, November 3, from 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 +650 at the four-book median, with DraftKings the short book at +600 and BetMGM the long one at +750. Carolina opened the season at +750, behind Florida, and moved to the front with a 12-3-2 start and 26 points, the most in the league. On Kalshi's Stanley Cup market the Hurricanes trade at about 10%, tied with Colorado, which fits the sportsbook number once the margin comes out. A $100 bet on Carolina at +650 returns $750 if the Hurricanes win the Cup.

Stanley Cup contenders behind Carolina

Colorado Avalanche

Colorado is +700 to +750 and second on the board at 9-6-1 with 19 points, the clearest case of the odds running ahead of the standings. The Avalanche opened at +700, so the books have barely moved them through a start that has them tied for third in the Central Division.

Edmonton Oilers, Vegas Golden Knights and Florida Panthers

Edmonton is +750 to +950 at 11-2-3 and tied with Minnesota for the most points in the West at 25; the Oilers opened at +900 and shortened. Vegas is +850 to +1,000 at 10-5-2 after opening at +900. Florida is the team that went the other way: the Panthers opened as the favorite at +650 and are now +900 at every one of the four books at 8-5-2.

Tampa Bay Lightning, Minnesota Wild and New Jersey Devils

Tampa Bay (+1,000 to +1,100) and Minnesota (+1,100 to +1,200) both shortened from their openers of +1,300 and +1,400. New Jersey is the biggest mover on the board: the Devils opened at +3,300, traded for Connor Hellebuyck on October 23 and are now +1,100 to +1,200 at 10-5-0, tied with Minnesota at the median. Kalshi rates Minnesota higher than the books do, at about 9%, against 6.2% fair at the sportsbooks.

The long prices with the records to beat them

Boston is 11-4-1 with 23 points, first in the Atlantic, and still +3,500 to +4,000, down from an opener of +10,000. Utah went from +3,500 to +1,700 at 10-6-0. Seattle has 17 points and sits at +15,000 to +25,000, the widest gap between standings and price on the board. On the other side, the Los Angeles Kings are +4,000 at FanDuel and +10,000 at BetMGM at 4-7-2, the biggest disagreement between books on any team, and the Philadelphia Flyers drifted from an opener of +5,500 to +20,000 or longer at 4-9-4.

How Stanley Cup futures work

Stanley Cup future
โœ“Pays if your team wins the Cup; the price is locked when you bet
โœ“Best value is early or after a slump, before the market catches up
โœ•Money is tied up until June, and a playoff injury can sink it
Single game bet
โœ“Settles tonight
โœ“You can see the goalies before you bet
โœ•One game, no long-term upside

Books build in a margin, which is why the 32 prices add up to 124.7%. Shopping the best price matters more on futures than on any single game: Edmonton is +750 at DraftKings and +950 at FanDuel, a difference of $200 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.

Stanley Cup odds questions

Who is the favorite to win the 2027 Stanley Cup?+
The Carolina Hurricanes are the favorite at +600 to +750 across four sportsbooks as of November 4, 2026, about 10.7% once the margin is removed. Colorado is next at +700 to +750.
What are the Florida Panthers' Stanley Cup odds?+
The Florida Panthers are +900 at bet365, BetMGM, DraftKings and FanDuel as of November 4, 2026, fifth on the board, after opening the season as the favorite at +650.
Which team's Stanley Cup odds moved the most?+
The New Jersey Devils went from an opening price of +3,300 to +1,100 to +1,200 after acquiring goalie Connor Hellebuyck on October 23. Boston went from +10,000 to +3,500 to +4,000 on an 11-4-1 start.
What are the Edmonton Oilers' Stanley Cup odds?+
The Edmonton Oilers are +750 to +950 as of November 4, 2026, third on the board, at 11-2-3 with 25 points.
How do you remove the margin from Stanley Cup odds?+
Convert each team's price to an implied probability and divide by the board total. With all 32 teams priced, the board sums to 124.7%, so Carolina's raw 13.3% at +650 becomes a 10.7% fair chance.
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Stanley Cup Odds 2026-27: All 32 | Guaranteed Sport Picks