2025 Conn Smythe Trophy Odds: MacKinnon Leads the Pack as Playoffs Set to Kick Off

Nathan MacKinnon was instrumental in leading the Colorado Avalanche to a Stanley Cup in 2022, and now the NHL’s leading scorer enters this year’s playoffs as the favorite for the award, with the first round set to begin this weekend.

Trevor Knapp - Publishing Editor at Covers.com
Trevor Knapp • Publishing Editor
Apr 18, 2025 • 13:11 ET • 3 min read
Nathan MacKinnon Colorado Avalance NHL
Photo By - USA TODAY Sports

The Stanley Cup Playoffs have finally arrived, with sixteen teams vying for a shot at hockey immortality. 

Despite coming up short in last year’s Final, Oilers superstar Connor McDavid took home the Conn Smythe Trophy after a dominant playoff run. This time, it’s Colorado Avalanche standout Nathan MacKinnon who leads the pack, opening as the favorite heading into Round 1.

With every first-round series kicking off this weekend, let's take a look at the 2025 Conn Smythe Trophy odds.

2025 Conn Smythe Trophy odds

Player Position DraftKings
Avalanche Nathan MacKinnon Forward +1300
Oilers Connor McDavid Forward +1500
Jets Connor Hellebuyck Goaltender +1800
Oilers Leon Draisaitl Forward +2200
Golden Knights Jack Eichel Forward +2500
Avalanche Cale Makar Defenseman +2500
Panthers Aleksander Barkov Forward +2500
Stars Jake Oettinger Goaltender +2500
Lightning Nikita Kucherov Forward +2800
Lightning Andrei Vasilevskiy Goaltender +2800

Odds as of 4-18-2025.

Covers NHL Playoff tools

Conn Smythe Trophy betting splits

Highest ticket percentage:
•    Nathan MacKinnon 10.8%
•    Connor McDavid 6.8%
•    Mitch Marner 6.8%

Highest handle percentage:
•   Valeri Nichushkin (25.5%)
•   Mackenzie Blackwood (18.4%)
•   Anthony Stolarz (5.7%)

Biggest liabilities:
•    Valeri Nichushkin
•    Anthony Stolarz
•    Mitch Marner

All data courtesy of BetMGM.

Understanding Conn Smythe Trophy odds

Sportsbooks will post Conn Smythe Trophy odds as early as the beginning of the playoffs. These NHL futures are constantly adjusted throughout the postseason depending on how well players perform as well as their team success. Sportsbooks will also adjust the NHL awards odds based on handle and liability to certain players.

Conn Smythe Trophy odds will usually look like this:

  • Nathan MacKinnon +290

This means that on a $100 bet, you'll stand to win $290 if MacKinnon takes home the Conn Smythe Trophy. If it's close to the end of the Stanley Cup playoffs and a player has stood out as the obvious MVP of the series they might have a minus sign (-) ahead of their odds like this: 

  • Connor McDavid -175

This means that if you bet on McDavid to win the Conn Smythe Trophy, you would have needed to bet $175 to profit $100.

All of the odds listed above are in American format, but if you prefer decimal or fractional odds, simply plug them into our odds converter tool.

Conn Smythe Trophy trends

  • There have only been five players to win the Conn Smythe without winning the Stanley Cup.
  • Skaters have won the Conn Smythe over a goalie 73% of the time.
  • There have been seven repeat winners of the Conn Smythe since its establishment.
  • Only one player has won the Conn Smythe more than twice. Patrick Roy won it three times.

Conn Smythe Trophy history

A quick look at recent NHL Conn Smythe Trophy winners and the teams they played for.

Season Player Team
2023-24 Connor McDavid Oilers Edmonton Oilers
2022-23 Jonathan Marchessault Golden Knights Vegas Golden Knights
2021-22 Cale Makar Avalanche Colorado Avalanche
2020-21 Andrei Vasilevskiy Lightning Tampa Bay Lightning
2019-20 Victor Hedman Lightning Tampa Bay Lightning
2018-19 Ryan O'Reilly Blues St. Louis Blues
2017-18 Alex Ovechkin Capitals Washington Capitals
2016-17 Sidney Crosby Penguins Pittsburgh Penguins
2015-16 Sidney Crosby Penguins Pittsburgh Penguins
2014-15 Duncan Keith Blackhawks Chicago Blackhawks
2013-14 Justin Williams Kings Los Angeles Kings
2012-13 Patrick Kane Blackhawks Chicago Blackhawks
2011-12 Jonathan Quick Kings Los Angeles Kings
2010-11 Tim Thomas Bruins Boston Bruins
2009-10 Jonathan Toews Blackhawks Chicago Blackhawks
2008-09 Evgeni Malkin Penguins Pittsburgh Penguins
2007-08 Henrik Zetterberg Red Wings Detroit Red Wings
2006-07 Scott Niedermayer Ducks Anaheim Ducks
2005-06 Cam Ward Hurricanes Carolina Hurricanes
2003-04 Brad Richards Lightning Tampa Bay Lightning

Conn Smythe Trophy Odds FAQs

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Trevor Knapp - Covers
Publishing Editor

Trevor joined the Covers content team as a publishing editor in early 2022. Growing up in Vancouver, he studied Broadcast and Online Journalism at the British Columbia Institute of Technology (BCIT), and interned with TSN and Sportsnet Radio while also writing for the Daily Hive.

An avid bettor of the MLB, NFL, and CFL, Trevor advises his fellow sports bettors to leave their hearts at the door and not hesitate to fade their favorite team. It's a strategy he follows regularly as an apathetic Toronto Blue Jays and Indianapolis Colts fan.

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