2024 Stanley Cup odds: Oilers, Avalanche, Rangers in tight race at the top

Catena Media provides exclusive sports betting and casino content to NJ.com, including picks, analysis, tools and sportsbook offers to help bettors get in on the action. Please wager responsibly.

The 2023-24 NHL regular season is over two thirds of the way done, meaning the Stanley Cup Playoffs are right around the corner. There are several intriguing storylines worth following as teams prepare for their postseason runs, and it’s never to early to check out Stanley Cup betting odds.

Legal US sportsbooks offer a number of NHL betting markets, including futures bets on the Stanley Cup winner. That means that while the playoffs are still a few months away, you can still bet on who you think will win the Stanley Cup.

To enhance the action, you can wager on Stanley Cup odds while taking advantage of our top online sportsbook welcome promo code offers. In total, new users can claim thousands in welcome bonuses.

There is not much separation between the top teams in the Stanley Cup betting market. On DraftKings, nine teams have odds between +750 and +1000.

As it stands right now, the Edmonton Oilers are the odds-on favorites to win the Stanley Cup with odds of +750 on DraftKings. They are followed closely by the Florida Panthers (+800), Colorado Avalanche (+850), Boston Bruins (+850), Carolina Hurricanes (+900), and New York Rangers (+1000).

Edmonton had a rough start to the season, going 3-9-1 out of the gate before firing head coach Jay Woodcroft. Kris Knoblauch took over, and the Oilers instantly turned things around.

Since Knoblauch became head coach, Edmonton has gone 30-9-1 and even won 16 games in a row from Dec. 21 to Jan. 27.

Connor McDavid and Leon Draisaitl are firing on all cylinders, and players like Zach Hyman, Evan Bouchard, Evander Kane, and Stuart Skinner have stepped up in a big way. So, it’s no surprise to see the Oilers as the Cup favorites right now.

The Colorado Avalanche won the Stanley Cup a few years ago in the 2021-22 NHL season. After the Vegas Golden Knights took it last year, the Avs are looking to reclaim the Cup this season.

Nathan MacKinnon is putting up other-worldly numbers again this season. Through 57 games, he has potted 33 goals to go along with 59 assists. He is second in the NHL in points with 92, and he continues to show why he is one of the top talents in the NHL. With him leading the way, the Avs are always a contender.

But Colorado also has other players performing at the top of their game. Mikko Rantanen and Cale Makar are producing over a point per game, while Alexander Georgiev leads the NHL in wins with 30. Don’t be surprised if the Avs make another deep run in the Stanley Cup Playoffs.

Currently leading the Metropolitan division, the New York Rangers have odds of +1000 to win the Stanley Cup on DraftKings. That gives them the fourth-best odds to win the Stanley Cup in the Eastern Conference.

Artemi Panarin is a big reason why New York is among the Stanley Cup favorites. Through 52 games, the 32-year-old winger has has already matched his career best in goals with 32, and his 72 points on the year is fifth in the NHL.

Chris Kreider is on pace for another 40-goal season, while Mika Zibanejad is finding his stride after a slow start. If Igor Shesterkin can regain his elite form in net, the Rangers could be a force to be reckoned with in the postseason.

As hockey fans know, anything can happen come playoff time. Just a few years ago the St. Louis Blues won the Stanley Cup after being at the bottom of the NHL standings in January.

So, no matter where teams stack up right now, things can change drastically over the next few weeks and months.

When betting on Stanley Cup futures bets, keep in mind that odds can vary from sportsbook to sportsbook. For example, the Rangers have odds of +1000 on DraftKings, but their odds increase to +1100 over on FanDuel.

In addition, it’s important to remember that Stanley Cup odds are subject to change throughout the course of the rest of the regular season and playoffs.

For example, if the Oilers go on an extended losing streak, they would most likely see their Stanley Cup odds get longer. On the other hand, their odds could get shorter if they go on another long winning streak.