The 2025 Stanley Cup Playoffs are underway, with 16 teams competing to be crowned champions after four challenging playoff rounds. The Florida Panthers are back to defend their title, but face tough competition from regular-season leaders like the Winnipeg Jets, Washington Capitals, and Edmonton Oilers.

The Toronto Maple Leafs aim to break the NHL`s longest championship drought. To achieve this, they must overcome their rivals, the Ottawa Senators, led by Brady Tkachuk and Jake Sanderson. In the Metropolitan Division, Nico Hischier and the New Jersey Devils will battle the Carolina Hurricanes, boosted by rookie forward Jackson Blake`s impressive season. The Panthers will also contend with their in-state rival Tampa Bay Lightning, who have been among the league`s hottest teams in the latter half of the season.

In the Western Conference, two strong contenders, the Dallas Stars and Colorado Avalanche, clash in the first round. Mikko Rantanen, formerly of the Avalanche, now plays for Dallas. However, Colorado dominated Game 1 with a 5-1 victory. Meanwhile, the Jets rallied from a 3-2 deficit to defeat the St. Louis Blues 5-3.

Last year`s Conn Smythe Trophy winner, Connor McDavid, earned the MVP award despite his team not winning the Stanley Cup. This year, he hopes to win it again, this time celebrating a championship. Below are the top contenders for the Conn Smythe Trophy, along with the odds for each team to win their first-round series, advance in the playoffs, and win the Stanley Cup.

Odds to Win Conference and Stanley Cup

Team Cup Conference Win Series
Colorado Avalanche +500 +250 -450
Florida Panthers +700 +350 -115
Carolina Hurricanes +800 +325 -290
Vegas Golden Knights +800 +375 -250
Winnipeg Jets +800 +375 -550
Edmonton Oilers +900 +500 -120
Washington Capitals 11-1 +400 -275
Dallas Stars 20-1 12-1 +320
Tampa Bay Lightning 10-1 +450 -105
Toronto Maple Leafs 10-1 +500 -190
Los Angeles Kings 18-1 +900 +100
Ottawa Senators 40-1 16-1 +160
New Jersey Devils 40-1 16-1 +240
St. Louis Blues 60-1 30-1 +360
Minnesota Wild 40-1 15-1 +210
Montreal Canadiens 75-1 40-1 +220

Odds to Win Conn Smythe Trophy

The Conn Smythe Trophy is awarded to the most valuable player in the playoffs. Here are players with odds of 200-1 or better:

  • Nathan MacKinnon, Avalanche: +900
  • Connor Hellebuyck, Jets: 12-1
  • Cale Makar, Avalanche: 16-1
  • Connor McDavid, Oilers: 16-1
  • Leon Draisaitl, Oilers: 20-1
  • Aleksander Barkov, Panthers: 25-1
  • Alex Ovechkin, Capitals: 25-1
  • Jack Eichel, Golden Knights: 25-1
  • Sergei Bobrovsky, Panthers: 25-1
  • Andrei Vasilevskiy, Lightning: 30-1
  • Auston Matthews, Maple Leafs: 30-1
  • Kyle Connor, Jets: 30-1
  • Matthew Tkachuk, Panthers: 30-1
  • Nikita Kucherov, Lightning: 30-1
  • Mackenzie Blackwood, Avalanche: 40-1
  • Mark Scheifele, Jets: 40-1
  • Sam Reinhart, Panthers: 40-1
  • Sebastian Aho, Hurricanes: 40-1
  • Seth Jarvis, Hurricanes: 40-1
  • Adin Hill, Golden Knights: 50-1
  • Brayden Point, Lightning: 50-1
  • Kirill Kaprizov, Wild: 50-1
  • Logan Thompson, Capitals: 50-1
  • Mark Stone, Golden Knights: 50-1
  • Mitch Marner, Maple Leafs: 50-1
  • William Nylander, Maple Leafs: 50-1
  • Adrian Kempe, Kings: 60-1
  • Anthony Stolarz, Maple Leafs: 60-1
  • Jake Oettinger, Stars: 60-1
  • Darcy Kuemper, Kings: 75-1
  • Dylan Strome, Capitals: 75-1
  • Mikko Rantanen, Stars: 75-1
  • Roope Hintz, Stars: 75-1
  • Wyatt Johnston, Stars: 75-1
  • Anze Kopitar, Kings: 100-1
  • Brady Tkachuk, Senators: 100-1
  • Filip Gustavsson, Wild: 100-1
  • Frederik Andersen, Hurricanes: 100-1
  • Jacob Markstrom, Devils: 100-1
  • Jake Guentzel, Lightning: 100-1
  • Jason Robertson, Stars: 100-1
  • Kevin Fiala, Kings: 100-1
  • Martin Necas, Avalanche: 100-1
  • Matt Duchene, Stars: 100-1
  • Miro Heiskanen, Stars: 100-1
  • Nico Hischier, Devils: 100-1
  • Pyotr Kochetkov, Hurricanes: 100-1
  • Thomas Harley, Stars: 100-1
  • Tim Stutzle, Senators: 100-1
  • Andrei Svechnikov, Hurricanes: 150-1
  • Brandon Hagel, Lightning: 150-1
  • Jaccob Slavin, Hurricanes: 150-1
  • Jordan Binnington, Blues: 150-1
  • Joseph Woll, Maple Leafs: 150-1
  • Pierre-Luc Dubois, Capitals: 150-1
  • Linus Ullmark, Senators: 150-1
  • Sam Bennett, Panthers: 150-1
  • Shea Theodore, Golden Knights: 150-1
  • Tom Wilson, Capitals: 150-1
  • Tomas Hertl, Golden Knights: 150-1
  • Valeri Nichushkin, Avalanche: 150-1
  • Victor Hedman, Lightning: 150-1
  • Aliaksei Protas, Capitals: 200-1
  • Brad Marchand, Panthers: 200-1
  • Carter Verhaeghe, Panthers: 200-1
  • Jesper Bratt, Devils: 200-1
  • John Tavares, Maple Leafs: 200-1
  • Jordan Kyrou, Blues: 200-1
  • Robert Thomas, Blues: 200-1