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As the field narrows and matchups intensify, this is the time to bet smarter: research trendThe 2025 Stanley Cup Playoffs have reached the Conference Finals, unfolding in late May across arenas in Edmonton, Sunrise, Dallas, and Raleigh. Four teams remain: the Florida Panthers, Dallas Stars,  Edmonton Oilers, and Carolina Hurricanes.

Each team enters with momentum, marquee talent, and something to prove on hockey’s biggest stage. With updated odds from FOX Sports and Sportsbook Review, we break down where each contender stands and what could shape the road to the Cup.

1. Florida Panthers

The Florida Panthers’ dominant performances and commanding series lead have solidified their status as the current favorites to win the Stanley cup finals. According to FOX Sports, they hold odds of +115, while Sportsbook Review now lists them at -104, giving them an implied win probability over 50%. Florida currently leads the Eastern Conference Finals 2-0 over the Carolina Hurricanes, positioning them just two wins away from a return to the Stanley Cup Final.

This team boasts playoff-tested leadership, elite goaltending from Sergei Bobrovsky, and a physical yet skilled style of play that wears down opponents. After last season’s deep run, Florida looks more composed and confident. Their ability to shut down top lines and capitalize on power plays has made them lethal in the clutch. The Panthers’ odds and dominant playoff record clearly position them for another shot at the Cup.

2. Dallas Stars

The Dallas Stars have consistently impressed with their structural discipline and ability to win in different ways. While currently trailing the Edmonton Oilers 2-1 in the Western Conference Finals, Dallas has shown resilience all postseason. Their path to this point included beating top-tier teams like Colorado and Winnipeg. Jake Oettinger’s steady presence in the net, combined with the production of skilled forwards like Jason Robertson, keeps the Stars dangerous despite their current series position.

Sportsbook Review now lists Dallas’ Stanley Cup odds at +750, indicating a significant drop in market confidence after falling behind in the series. Despite the shift, the Stars remain a structured, disciplined team that excels at five-on-five play. If they can tighten up their special teams and slow Edmonton’s transition game, Dallas still has a path to regain control. Their veteran core and deep playoff experience make them a contender built for tight, tactical matchups.

3. Edmonton Oilers

No team in the playoffs features more individual brilliance than the Edmonton Oilers. Led by Connor McDavid and Leon Draisaitl, they boast the explosive offensive firepower to overwhelm opponents in a matter of minutes. After a shaky Game 1 loss to Dallas, the Oilers bounced back with two strong wins to take a 2-1 series lead. Their 6-1 rout in Game 3 showcased just how dangerous they can be when their stars click.

According to FOX Sports, Edmonton’s odds currently sit at +400. While not favorites, they’re a popular pick for value-driven bettors who believe McDavid is due for a Cup breakthrough. The Oilers’ Achilles’ heel has long been inconsistent goaltending, but if Stuart Skinner holds steady and their transition game stays sharp, they could be unstoppable. Edmonton’s ceiling is arguably the highest of the final four — the key is maintaining their current rhythm.

4. Carolina Hurricanes

Down 0-3 in their series against the Florida Panthers, the Carolina Hurricanes are staring down elimination and increasingly long odds. Despite a strong regular season and early-round dominance, they’ve struggled to crack Florida’s suffocating defensive structure and solve Sergei Bobrovsky’s stellar goaltending. Offensive leaders like Sebastian Aho and Teuvo Teräväinen have been unusually quiet, while their dependable defensive play has looked uncharacteristically shaky.  

Sportsbook Review currently lists the Hurricanes at +5000 to win the Stanley Cup, a massive drop reflecting their series deficit and dwindling public confidence. Known for discipline and structure, Carolina has been methodically picked apart by a Florida team executing at a higher level. While playoff history has seen stunning reversals, the odds suggest the Canes need more than belief. They’ll require near-perfect hockey, clutch performances, and a bit of luck to stay alive.

Beyond the Outright Odds

Betting on the Stanley Cup Playoffs offers more than just picking a winner. Explore value in Conn Smythe Trophy futures by tracking standout performances. Use live betting to capitalize on momentum shifts during close games. Prop bets on shots, saves, or special teams can uncover hidden angles. 

s, stay disciplined, and manage your bankroll with a clear, long-term view.