Sixteen teams will enter the Stanley Cup Playoffs, but only one will find the 16 wins necessary to claim the toughest trophy to earn in North American sports — Lord Stanley's Cup.
Below, we have NHL playoff odds for every first-round series. Check out our NHL picks every day for game analysis, player props, and more!
Live odds for NHL playoff games
Below are the live NHL playoff odds for the upcoming first-round games in the NHL playoff bracket. We show you the best odds for each market live from legal NHL betting sites in your area.
Check out our expert NHL picks and throughout the 2025 Stanley Cup Playoffs.
NHL Stanley Cup Playoffs series odds
Will a low-seeded team make a run for the conference, or will the favorites hold sway for three rounds? We've got odds for each team to win their first-round series of the Stanley Cup Playoffs:
Odds at a glance:
- Winnipeg Jets vs. St. Louis Blues series: Jets -210
- Dallas Stars vs. Colorado Avalanche series: Avalanche -120
- Vegas Golden Knights vs. Colorado Avalanche series: Golden Knights -225
- Los Angeles Kings vs. Edmonton Oilers series: Oilers -135
- Toronto Maple Leafs vs. Ottawa Senators series: Maple Leafs -180
- Tampa Bay Lightning vs. Florida Panthers series: Lightning -105
- Carolina Hurricanes vs. New Jersey Devils series: Hurricanes -300
Odds courtesy of bet365.
Winnipeg Jets vs St. Louis Blues odds
Jets to win series
Blues to win seriesDallas Stars vs Colorado Avalanche odds
Stars to win series
Avalanche to win seriesVegas Golden Knights vs Minnesota Wild odds
Golden Knights to win series
Wild to win seriesLos Angeles Kings vs Edmonton Oilers odds
Kings to win series
Oilers to win seriesToronto Maple Leafs vs Ottawa Senators odds
Maple Leafs to win series
Senators to win seriesTampa Bay Lightning vs Florida Panthers odds
Lightning to win series
Panthers to win seriesCarolina Hurricanes vs New Jersey Devils odds
Hurricanes to win series
Devils to win seriesMontreal Canadiens vs Washington Capitals odds
Canadiens to win series
Capitals to win seriesNHL Playoffs 2025 Format
The Stanley Cup Playoffs feature 16 teams, including eight from each conference. The playoffs consist of four rounds of best-of-seven series in which teams must win four games to advance.
The top three teams from each division automatically qualify for the playoffs. The remaining teams compete among the other teams in their conference for wild card positions, of which there are two in the East and two in the West.
The top team in each division faces the two wild card teams in the first round, while the No. 2 and No. 3 seeds play divisional matchups. With eight teams advancing to the second round, the bracket continues until the Eastern Conference and Western Conference Champions meet in the Stanley Cup Final.
Popular NHL futures markets
NHL Playoff Odds FAQs
The Dallas Stars are favored to win the NHL Playoffs.
The Edmonton Oilers are the biggest long shot to win the Stanley Cup.
The Stanley Cup Playoffs feature 16 teams (eight from each conference), with the top three teams in each division automatically qualifying.
