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The Florida Panthers won the Stanley Cup in back-to-back years, hoisting the trophy in both 2024 and 2025.
A team has not three-peated the Stanley Cup since the Islanders won four straight from 1980-1983.
But with the Panthers out of playoff contention and a three-peat off the table, a new team will be named champion at the end of the postseason.
Which team will it be?
Let’s take a look at the 2026 Stanley Cup odds at DraftKings Sportsbook as of April 28.
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2025-26 Stanley Cup winner
Avalanche: +225 (bet $10 to win $32.50 total)
Hurricanes: +285 (bet $10 to win $38.50 total)
Lightning: +750 (bet $10 to win $85 total)
Golden Knights: +1000 (bet $10 to win $110 total)
Sabres: +1100 (bet $10 to win $120 total)
Stars: +1300 (bet $10 to win $140 total)
Wild: +2000 (bet $10 to win $210 total)
Canadiens: +2800 (bet $10 to win $290 total)
Ducks: +3000 (bet $10 to win $310 total)
Mammoth: +3500 (bet $10 to win $360 total)
Flyers: +3500 (bet $10 to win $360 total)
Oilers: +4000 (bet $10 to win $410 total)
Penguins: +7000 (bet $10 to win $710 total)
Bruins: +20000 (bet $10 to win $2,010 total)
The Favorites: The Avalanche became the first team of the 2026 season to clinch their playoff spot after defeating the Blackhawks on March 20. And center Nathan MacKinnon has been a huge part of the team’s success this season. During the regular season, he led Colorado in points (127), with 53 goals and 74 assists. Before the season, the Avalanche were +900 to hoist the Stanley Cup. Now that Colorado has swept the Kings in the first round, the team’s odds to win it all have shortened slightly to +225 from +265. Not too far behind them are the Hurricanes. Their odds have also shifted, moving to +285 from +400 after sweeping the Senators in Round 1. Carolina had the shortest odds in this market at the beginning of the season.
Ones to Watch: Before the season started, the Sabres were long shots at +10000 to win the Stanley Cup. Now Buffalo has the fifth-best odds to be the last team standing. Currently, Buffalo is up 3-1 on opponent Boston in the first-round series.
