Updated Stanley Cup Odds for All 16 Teams in 2024 Stanley Cup Playoffs

• 2024 Stanley Cup odds have been released ahead of the upcoming NHL playoffs
• The Carolina Hurricanes are the favorites, while the Vegas Golden Knights are +1200 to repeat
• See the Stanley Cup odds for all 16 teams, along with betting analysis below

Updated 2024 Stanley Cup odds have been released for all 16 teams participating in this season’s Stanley Cup Playoffs. The NHL Playoff Bracket was finalized on Thursday evening following the conclusion of the 2023-24 NHL regular season.

The Carolina Hurricanes are the favorites to win the 2024 Stanley Cup at +650 odds, although there are five other teams with shorter odds than +1000. The Vegas Golden Knights, meanwhile, are +1200 to repeat as champions.

We lay out the updated Stanley Cup odds for all 16 teams and provide best bets and value longshots.

2024 Stanley Cup Odds

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Odds as of Apr. 19 at DraftKings Sportsbook. Browse the available sports betting apps for the NHL Playoffs.

Canes Favored in 2024 Cup Odds

North Carolina sports bettors have reason to be excited, as their Carolina Hurricanes are the favorites to win the Stanley Cup entering the 2024 postseason. Carolina is looking to take that next step after getting eliminated in the Eastern Conference Final last season.

The Canes are arguably the most well-rounded team in the postseason, with an elite defense and offense, a stingy 2.41 goals against per game, good for third best in the NHL. They face the New York Islanders in Round 1.

The Canes boast one of the most dynamic forward groups in the NHL, led by superstar Sebastian Aho. The crafty Finn has been on a tear, racking up an astonishing 98 points in just 75 games played. Andrei Svechnikov and Seth Jarvis provide a lethal one-two punch alongside Aho, with Svechnikov notching 41 goals and Jarvis adding 32 of his own.

Jarvy got a taste of Mista Svechnikov tonight 😂 pic.twitter.com/fMwDiCe6U9

— Carolina Hurricanes (@Canes) April 14, 2024

But Carolina’s offensive firepower doesn’t end there. Savvy trade deadline acquisitions of Jake Guentzel and Evgeni Kuznetsov have taken this unit to another level. Guentzel’s 37 goals and Kuznetsov’s 62 assists have fit like a glove, making the Hurricanes’ top six as dangerous as any in the league.

On the backend, Carolina’s defensive corps is rock solid. Anchored by the likes of Jaccob Slavin and his team-leading 24:15 average time on ice, along with Brett Pesce’s 54.7% Corsi rating, the Canes suffocate opposing attacks with their structured, disciplined style. They’re a brick wall in their own end, allowing just 25.6 shots per contest (1st).

Between the pipes, Frederik Andersen’s return to health is a game-changer. The big Dane has posted a stellar .922 save percentage and 2.29 goals against average when called upon, and his tandem with the up-and-coming Pyotr Kochetkov and his .919 save percentage gives Carolina an elite last line of defense.

Vegas at +1200 to Repeat

Despite winning the Stanley Cup in 2023, the Golden Knights are longshots to repeat as champions in 2024. According to the latest Stanley Cup odds, Vegas is listed at +1200 (bet $100 to win $1200) at some sportsbooks, putting them in a separate group from top contenders like the Rangers, Panthers, and Avalanche.

The Golden Knights’ chances of repeating are bolstered by their deep, talented roster. Offensive stars like Jonathan Marchessault (42 goals, 27 assists), Jack Eichel (27 goals, 33 assists), and captain Mark Stone (16 goals, 37 assists) lead the charge up front.

Big Knight for Jack Eichel 🥳🥳🥳 pic.twitter.com/dQHVPcRahx

— x-Vegas Golden Knights (@GoldenKnights) April 13, 2024

On the blue line, Alex Pietrangelo and Shea Theodore anchor a solid defensive corps. In net, the tandem of Adin Hill and Logan Thompson has been reliable throughout the season.

Injuries are clearly a factor in these Cup odds, as the Golden Knights have dealt with their fair share of bumps and bruises throughout the season. Fortunately, they just got Mark Stone back from injury and previously added Thomas Hertl to the roster at the deadline.

Not to mention, the Knights face a very deep Dallas Stars team in the opening round. It’s never easy repeating as champions, especially with a wide-open field this year. But there have been three repeat Cup champions over the past 15 years, and the Knights have the pedigree to make another run if they can escape Dallas in the opening round.

Stanley Cup Longshots

There are always upsets in the first round of the 2024 NHL Playoffs, which is why it’s always worth considering some longshots for betting purposes. The one true longshot is the Washington Capitals, who are a staggering +15000 to win the entire thing (6.3% implied chance).

The Capitals enter the postseason with the worst goal differential (-137) out of any playoff team since 1991. What they do have working for them is a hot goaltender, as Charlie Lindgren is 4-1-0 in his previous five games with a .959 save percentage and 1.50 GAA.

Most improbable Stanley Cup runs are propelled by sensational goaltending, so we wouldn’t entirely rule out the Capitals in Round 1. Their team possesses plenty of playoff experience, and Lindgren could frustrate the New York offensive stars who have underperformed in recent postseasons.

Making #StanleyCup Playoff clinching saves, Charlie Lindgren helped the @Capitals to 3 straight wins while earning himself a shutout along with NHLPA Player of the Week! pic.twitter.com/Fwj7DaspVO

— NHLPA (@NHLPA) April 19, 2024

Our true Stanley Cup longshot pick will be the Los Angeles Kings, however, as their advanced metrics are among the best in the league. They allow just 2.54 goals per game, which ranks third-best in the NHL. This stingy defense could frustrate opponents and keep games close.

Looking at those advanced stats, the Kings have posted very strong numbers at 5-on-5:

• 54.4% Corsi For percentage (CF%)
• 53.6% Scoring Chances For percentage (SCF%)
• 54.4% High-Danger Chances For percentage (HDCF%)

These metrics indicate the Kings tend to out-possess and out-chance their opponents at even strength. However, their PDO (shooting percentage plus save percentage) of 99.6 suggests they may have been a bit unlucky and could be due for positive regression.

We think Carolina at +650 is a very strong bet, as the Canes have taken steps forward in each recent postseason and now possess arguably their most complete roster yet. However, don’t hesitate to sprinkle on the Kings (or Capitals if you like to live dangerously.)