Edmonton Oilers Stanley Cup Odds: Tracking the Oilers Betting Odds To Win It All

By Brandon Justice
Fact Checked by Editorial Staff

Key Takeaways:

  • πŸ’ The Oilers have +800 odds to win the Stanley Cup at DraftKings, one of three favorites listed at that price.
  • πŸ”₯ Despite being a Cup favorite, Edmonton has the second-shortest odds (+180) to win the Pacific Division.
  • 🚨 Entering December, the Oilers are off to a slow start for their standards at 14-10-2.

The Edmonton Oilers entered the 2024-25 season as favorites to win the Stanley Cup after just falling short last year. After a slow start, here's how the Oilers Stanley Cup odds changed. πŸ‘‡

What Are the Edmonton Oilers’ Stanley Cup Chances?

The Oilers are one of three favorites tied with +800 odds to win the NHL Stanley Cup at DraftKings. Edmonton is tied with Florida and Carolina, narrowly ahead of Dallas and the New York Rangers.

πŸ† Edmonton Oilers Stanley Cup Odds+800
πŸ‘‘ Edmonton Oilers Stanley Cup Chances11.1% (+0.6%)
βœ… Oilers Playoff Chances91.6% (+7%)
❌ Oilers Chances of Missing Playoffs8.4% (-7%)
πŸ”₯ Oilers Win Western Conference+370 (-1%)
πŸ’ Oilers Win Pacific Division+180 (-10%)

This could finally be the season the Cup returns to the Western Canadian city, which would be the first Canadian team to win it all since the Montreal Canadiens in 1993. Being the preseason favorite can be something of a curse, though; the Colorado Avalanche were favorites for most of 2023, but lost in the first round and the Carolina Hurricanes were favored much of last season, but fell short.

Do the Oilers Have a Chance to Win The Stanley Cup?

Yes indeed. According to the oddsmakers, the Oilers have the best chance Stanley Cup futures odds, at +800. It's a long, difficult road to a Lord Stanley's Cup, however, and favorites can turn into imposters in a hurry.

Where Do the Oilers Rank in the Western Conference Playoff Picture?

As you might have guessed after reading to this point, the Oilers have the best American odds of winning the NHL Western Conference title. The Oilers are +370 to win the West, and -1100 to make the playoffs after regular season hockey is over.

Where Do the Oilers Rank in the Pacific Division Standings?

Given their sluggish November, the Oilers slipped slightly down the Pacific Divisional odds, dropping from favorites to the second-shortest odds (+180) behind the Golden Knights (+165), with some distance ahead of the Canucks (+420) and Kings (+500).

Oilers Week-by-Week Stanley Cup Odds

Week of the SeasonOdds
November:+850
December:+800

Edmonton Oilers NHL Playoff Chances: Key Updates

  • πŸ“… Sept. 3: Signed forward Leon Draisaitl to eight-year, $112 million contract extension.
  • πŸ“… Aug. 20: Acquired 2025 second-round draft pick from St. Louis Blues in exchange for D Philip Broberg.
  • πŸ“… Aug. 19: Announced forward Evander Kane would undergo surgery and miss an estimated 4-6 months.
  • πŸ“… July 5: Acquired C Matthew Savoie from Buffalo Sabres in exchange for Cs Ryan Mcleod and Tyler Tullio.
  • πŸ“… June 28: Signed G Calvin Pickard to two-year contract.

πŸ”₯ More NHL ODDS PAGES:

Key Contributors Toward Edmonton Oilers Playoff Chances

  • Connor McDavid - The NHL's most dynamic offensive player, he should play with extra motivation this season, coming off a Game 7 loss to the Florida Panthers in the Stanley Cup playoffs. Despite the loss to Florida, McDavid was the Conn Smythe Trophy winner as the NHL playoffs MVP.
  • Leon Draisaitl - The league's seventh-leading scorer last season (106 points), Draisaitl recently signed a huge contract extension with the Oilers. If the Oilers are to win the Stanley Cup, he'll need to have another big season.
  • Stuart Skinner - The Oilers have had problems in net much of the recent past, but they got a strong playoff showing from Skinner and have high hopes he'll be even better in the regular season and beyond.

Edmonton Oilers Strengths and Weaknesses

Strengths:

  • Top-2 centers - In McDavid and Draisaitl, the Oilers have the most explosive 1-2 punch up the middle in the NHL.
  • Power play - Not only are McDavid and Draisaitl on the top PP unit, forward Zach Hyman is coming off a 54-goal season. Add in Ryan Nugent-Hopkins and defenseman Evan Bouchard, and you have one very-good power play.
  • Faceoffs/puck possession - The Oilers were fifth in the league last season in faceoff-winning percentage (53.2). Getting the puck first is a key to scoring goals, especially in power-play situations.

Weaknesses:

  • Penalty killing - The Oilers were 15th in the NHL in killing penalties last season, at 79.5%. That number needs to improve.
  • Defensive depth - Edmonton lost solid defenseman Philip Broberg to a predatory offer sheet from the Blues, which hurt a defense that already was a bit thin in their bottom three.
  • Is Skinner a true No. 1? - Stuart Skinner won 36 games last season, and was strong in the playoffs. But his regular-season save percentage (.905) and goals-against average (.964) were modest. He needs to up those numbers if the Oilers want to win it all.

Where Can I Bet on the Oilers to Make the Playoffs?

In Ontario, a wide variety of sportsbooks are available to Canadian sports betting enthusiasts. Sportsbooks are also available in a handful of American states where you can place a futures bet on the Oilers.

Oilers Stanley Cup Playoff Chances FAQ

The Oilers are the preseason favorite at DraftKings to win the next Stanley Cup, at +800. The defending Stanley Cup champion Florida Panthers are second at +1000.

 

Edmonton, which joined the NHL in 1979 after the WHA merged with the NHL, have won five Stanley Cups (1984, 1985, 1987, 1988 and 1990.

Author

Brandon Justice

Brandon Justice has nearly a decade of experience covering sports and betting, primarily working in college football, college basketball, NFL and MLB. His goal is providing detailed analysis on the trends & data of sports betting with a wealth of experience, including writing for The Action Network & Rivals.com.

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