Odds On Next Canadian NHL Franchise To Win A Stanley Cup

Odds On Next Canadian NHL Franchise To Win A Stanley Cup
By Jim Tomlin

The 2024-25 NHL season is taking a breather for a couple of weeks to make way for the inaugural four-country tournament in mid February. You can check out our 4 Nations favorites and odds page at OntarioBets.com and anticipate the final third of the NHL season at the same time.

As much as Canadian hockey fans would love for Canada to win the 4 Nations Face-Off, the thing they mostly want is for one of Canada’s seven NHL teams to end a 32-year spell without winning a Stanley Cup.

From time to time, we pose the question: Which will be the next Canadian NHL team to lift the Stanley Cup and when will it happen? Here are our odds with an explanation below, as part of our Ontario sports betting coverage.

 
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Next Canadian Franchise To Win A Stanley Cup Odds

Team

Percentage Chance

Odds

Edmonton Oilers

26.7%

+275

Toronto Maple Leafs 

23.6%

+325

Winnipeg Jets 

18.2%

+450

Vancouver Canucks

11.1%

+800

Montreal Canadiens

11.1%

+800

Calgary Flames 

6.3%

+1500

Ottawa Senators

3.2%

+3000

This is not necessarily an attempt to ascertain which franchise will win the Stanley Cup this season – after all, the field seems wide open. Rather, we are establishing odds for which Canadian NHL franchise’s captain will be the next to carry the sport’s greatest trophy over his head, whether that’s in a couple of months, next season or whenever.

This analysis is exclusive to OntarioBets.com and not available at Ontario sportsbook apps. To create these odds, we factored in recent team success, how each team is doing right now, future odds, prospect pool rankings and contract status for top players.

Edmonton Oilers With A Narrow Lead

The game’s best player and perhaps its top young pure goalscorer are together in Edmonton and have helped the Oilers become a real title threat. Connor McDavid and Leon Draisaitl are just two of the top players for the Oilers, but they’re the most notable for a franchise that almost ended Canada’s drought last season but fell to the Florida Panthers in a seven-game Stanley Cup final.

We give the Oilers +275 American odds, or a 26.7% implied probability, to be the team that ends Canada’s Cup drought. It could happen in a few months: As of Feb. 13, NorthStar Bets Ontario Sportsbook had Edmonton as the co-favorite to win this season’s Stanley Cup at +650 odds, alongside the Carolina Hurricanes. The Oilers went into the 4 Nations break leading the Pacific Division, tied with the Vegas Golden Knights at 72 points but with a game in hand.

 
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How The Maple Leafs Stack Up

The Toronto Maple Leafs are second in the Atlantic Division with 68 points, three behind the Panthers and two ahead of the Tampa Bay Lightning. The two Sunshine State teams have combined to win the Eastern Conference the past five seasons, so the first postseason order for the Leafs will be just getting out of the division. We give Toronto +325 odds, or a 23.6% chance, to be the next team north of the border to capture Lord Stanley’s prize.

You can track Toronto Maple Leafs Stanley Cup odds all season at OntarioBets.com.

The Rest Of The Contenders

What about the team with the best record in the NHL this season? The Winnipeg Jets have 81 points, one ahead of the Washington Capitals (who have played one fewer game) in the race for the Presidents’ Trophy. It’s questionable whether that’s even an honor the Caps want: They have won the Presidents’ Trophy three times and didn’t get out of the second round of the playoffs in any of those seasons. The Jets have never won the award for having the most regular-season points.

At Pinnacle Ontario Sportsbook, the Jets have +1223 odds of winning their first Stanley Cup, sixth on the operator’s board.

The other four teams in consideration are either falling short of expectations or they’re rebuilding. The longest shot on our board, the Ottawa Senators (+3000 odds) are in a playoff position as the first wild card in the East. But they have not made the playoffs since 2017 and are in a very tight race for one of three automatic qualifying spots in the Atlantic or one of two East wild cards. The Montreal Canadiens have fallen off the pace, while the Vancouver Canucks and Calgary Flames are fighting each other for the last Western Conference wild card spot.

Around the world, hockey fans will soak up the best-on-best action of the 4 Nations Face-Off until the final, Feb. 20 in Boston. But after that it’s back to business with the NHL regular season, as wagering on NHL Stanley Cup odds keeps heating up.

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Author

Jim Tomlin

Jim Tomlin is an editor and writer specializing in sports, gambling and the intersection of those industries. He has 30+ years of journalism experience and his work has appeared in the Tampa Bay Times, FanRag, Saturday Down South and Saturday Tradition.

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