The 2026/27 NHL futures board separates the regular-season market from the playoff market. Florida is the shortest Stanley Cup price at +634, while Colorado is next at +686. Carolina leads the Presidents’ Trophy market at +552.
Ron Raymond’s four headline value teams are:
- East: Montreal Canadiens and Buffalo Sabres
- West: Edmonton Oilers and Minnesota Wild
This is an odds-based market analysis. No roster, injury, signing, schedule, or performance assumptions are included.
HOW TO READ THE FUTURES BOARD
Implied probability converts American odds into the percentage represented by the price:
- Positive odds:
100 ÷ (odds + 100) - Example: +1000 implies approximately 9.1%
Probabilities in a futures market will sum above 100% because of bookmaker margin. Longshots priced at +10000 or longer carry an implied probability below 1%.
RON’S VALUE BOARD
MONTREAL CANADIENS: EAST VALUE
| Market | Odds | Implied probability |
|---|---|---|
| Stanley Cup | +2244 | 4.3% |
| Presidents’ Trophy | +2447 | 3.9% |
| Eastern Conference | +1203 | 7.7% |
| Atlantic Division | +586 | 14.6% |
Montreal is +586 to win the Atlantic, +1203 to win the East and +2244 to win the Stanley Cup.
The division-to-conference price is the key gap. The market gives Montreal a 14.6% implied probability in the Atlantic but only 7.7% in the East. The Cup price falls to 4.3%.
That structure creates Ron’s Montreal value window: the market gives the Canadiens a meaningful Atlantic position but discounts the team sharply once the market moves from one division to four playoff rounds.
Ron’s read: Atlantic price provides the strongest entry point, with the Eastern Conference and Stanley Cup markets offering longer exposure.
Review the Montreal Canadiens NHL betting page for ATS Stats’ team-level NHL data.
BUFFALO SABRES: EAST VALUE
| Market | Odds | Implied probability |
|---|---|---|
| Stanley Cup | +2603 | 3.7% |
| Presidents’ Trophy | +4059 | 2.4% |
| Eastern Conference | +1603 | 5.9% |
| Atlantic Division | +906 | 9.9% |
Buffalo is +906 in the Atlantic and +1603 to win the Eastern Conference. The Stanley Cup price extends to +2603, while the Presidents’ Trophy price is +4059.
The Cup price is nearly three times the Atlantic price. Among Ron’s four teams, Buffalo has the widest division-to-Cup separation by quoted odds.
The board is more receptive to Buffalo winning its division than finishing with the NHL’s best regular-season record. The Presidents’ Trophy price is also materially longer than both the Atlantic and Eastern Conference prices.
Ron’s read: Buffalo is the highest-priced of the four headline value teams in the Cup market, with the Eastern Conference price providing a middle-market option between the division and Cup boards.
Review the Buffalo Sabres NHL betting page for ATS Stats’ team-level NHL data.
EDMONTON OILERS: WEST VALUE
| Market | Odds | Implied probability |
|---|---|---|
| Stanley Cup | +892 | 10.1% |
| Presidents’ Trophy | +1003 | 9.1% |
| Western Conference | +410 | 19.6% |
| Pacific Division | +159 | 38.6% |
Edmonton is the shortest Pacific Division price at +159 and tied with Colorado for the shortest Western Conference price at +410.
The Oilers are also priced near the top of the Presidents’ Trophy board at +1003, behind Carolina, Colorado and Florida. Yet Edmonton remains longer than the top two Stanley Cup prices: Florida at +634 and Colorado at +686.
The market therefore rates Edmonton as a leading Western team and the Pacific favorite without making the Oilers the overall Cup favorite.
The +410 Western Conference price is the central value reference. The board gives Edmonton a 19.6% implied conference probability compared with 10.1% for the Cup.
Ron’s read: Edmonton is the most aggressively priced of the four value teams in the regular-season and conference markets, while the Cup price remains outside the top three.
Review the Edmonton Oilers NHL betting page for ATS Stats’ team-level NHL data.
MINNESOTA WILD: WEST VALUE
| Market | Odds | Implied probability |
|---|---|---|
| Stanley Cup | +1368 | 6.8% |
| Presidents’ Trophy | +1218 | 7.6% |
| Western Conference | +615 | 14.0% |
| Central Division | +276 | 26.6% |
Minnesota is +276 to win the Central, second only to Colorado at +126. The Wild are +615 in the Western Conference and +1368 for the Stanley Cup.
The division-to-conference gap is substantial: 26.6% implied probability in the Central versus 14.0% in the West. The Cup price falls to 6.8%.
Minnesota is priced as a serious Central Division contender, but the market applies a larger discount to a full Western Conference run and an even larger discount to a four-round championship result.
Ron’s read: Minnesota is a conference-level value team with a longer Cup price than Edmonton and a Central Division price that keeps the team inside the top two in its division market.
Review the Minnesota Wild NHL betting page for ATS Stats’ team-level NHL data.
TO WIN THE STANLEY CUP
| Team | Odds | Implied probability |
|---|---|---|
| Florida Panthers | +634 | 13.6% |
| Colorado Avalanche | +686 | 12.7% |
| Carolina Hurricanes | +768 | 11.5% |
| Edmonton Oilers | +892 | 10.1% |
| Vegas Golden Knights | +1000 | 9.1% |
| Minnesota Wild | +1368 | 6.8% |
| Tampa Bay Lightning | +1400 | 6.7% |
| Washington Capitals | +1500 | 6.3% |
| Dallas Stars | +1610 | 5.8% |
| Montreal Canadiens | +2244 | 4.3% |
| Buffalo Sabres | +2603 | 3.7% |
| New Jersey Devils | +2795 | 3.5% |
| Anaheim Ducks | +2809 | 3.4% |
| Ottawa Senators | +3000 | 3.2% |
| Utah Mammoth | +3100 | 3.1% |
| Los Angeles Kings | +3139 | 3.1% |
| San Jose Sharks | +3200 | 3.0% |
| Toronto Maple Leafs | +3300 | 2.9% |
| Columbus Blue Jackets | +5369 | 1.8% |
| Philadelphia Flyers | +5500 | 1.8% |
| Pittsburgh Penguins | +6600 | 1.5% |
| Boston Bruins | +8062 | 1.2% |
| New York Rangers | +8800 | 1.1% |
| Winnipeg Jets | +8800 | 1.1% |
| Detroit Red Wings | +8914 | 1.1% |
| New York Islanders | +12305 | 0.8% |
| St. Louis Blues | +12307 | 0.8% |
| Nashville Predators | +13170 | 0.8% |
| Chicago Blackhawks | +17056 | 0.6% |
| Seattle Kraken | +29773 | 0.3% |
| Vancouver Canucks | +35403 | 0.3% |
| Calgary Flames | +37411 | 0.3% |
STANLEY CUP CONTENDER TIERS
Favorites: Florida, Colorado, Carolina
Contenders: Edmonton, Vegas, Minnesota, Tampa Bay, Washington, Dallas
Mid-Tier: Montreal, Buffalo, New Jersey, Anaheim, Ottawa, Utah, Los Angeles, San Jose, Toronto
Longshots: Columbus, Philadelphia, Pittsburgh, Boston, New York Rangers, Winnipeg, Detroit
Extreme Longshots: New York Islanders, St. Louis, Nashville, Chicago, Seattle, Vancouver, Calgary
The market’s answer to “who wins the Stanley Cup?” is Florida, based strictly on the shortest price. Ron’s value thesis is different: target teams where the division or conference price is materially stronger than the Cup price.
THE CAROLINA SPLIT
Carolina is the shortest Presidents’ Trophy price at +552 and tied with Florida for the shortest Eastern Conference price at +411.
| Market | Carolina odds | Implied probability |
|---|---|---|
| Presidents’ Trophy | +552 | 15.3% |
| Eastern Conference | +411 | 19.6% |
| Stanley Cup | +768 | 11.5% |
| Metropolitan Division | +115 | 46.5% |
The split matters because Carolina’s East price is shorter than its Cup price by a wide margin. The market separates “best regular-season team” and “Stanley Cup champion.” That same separation is visible in Buffalo and Minnesota, but those two teams are discounted more heavily in the championship market.
PRESIDENTS’ TROPHY BOARD
| Team | Odds | Implied probability |
|---|---|---|
| Carolina Hurricanes | +552 | 15.3% |
| Colorado Avalanche | +575 | 14.8% |
| Florida Panthers | +610 | 14.1% |
| Edmonton Oilers | +1003 | 9.1% |
| Tampa Bay Lightning | +1016 | 9.0% |
| Vegas Golden Knights | +1016 | 9.0% |
| Minnesota Wild | +1218 | 7.6% |
| Washington Capitals | +1320 | 7.0% |
| Dallas Stars | +1522 | 6.2% |
| Montreal Canadiens | +2447 | 3.9% |
| New Jersey Devils | +2538 | 3.8% |
| Utah Mammoth | +2842 | 3.4% |
| Ottawa Senators | +3349 | 2.9% |
| Los Angeles Kings | +3349 | 2.9% |
| Toronto Maple Leafs | +3349 | 2.9% |
| Anaheim Ducks | +3534 | 2.7% |
| San Jose Sharks | +4047 | 2.4% |
| Buffalo Sabres | +4059 | 2.4% |
| Philadelphia Flyers | +4565 | 2.1% |
| Columbus Blue Jackets | +6695 | 1.5% |
| Pittsburgh Penguins | +6695 | 1.5% |
| New York Rangers | +7609 | 1.3% |
| Detroit Red Wings | +8926 | 1.1% |
| Boston Bruins | +9783 | 1.0% |
| New York Islanders | +10144 | 1.0% |
| Nashville Predators | +10144 | 1.0% |
| St. Louis Blues | +10144 | 1.0% |
| Winnipeg Jets | +10144 | 1.0% |
| Seattle Kraken | +10144 | 1.0% |
| Chicago Blackhawks | +10144 | 1.0% |
Ron’s four positions on this market:
- Montreal: +2447
- Buffalo: +4059
- Edmonton: +1003
- Minnesota: +1218
Edmonton is the strongest Presidents’ Trophy position among the four. Minnesota is next, while Montreal and Buffalo occupy longer prices.
DIVISION WINNER MARKETS
ATLANTIC DIVISION
| Team | Odds | Implied probability |
|---|---|---|
| Florida Panthers | +151 | 39.8% |
| Tampa Bay Lightning | +252 | 28.4% |
| Montreal Canadiens | +586 | 14.6% |
| Toronto Maple Leafs | +773 | 11.4% |
| Buffalo Sabres | +906 | 9.9% |
| Ottawa Senators | +941 | 9.6% |
| Detroit Red Wings | +2718 | 3.5% |
| Boston Bruins | +3073 | 3.2% |
Montreal and Buffalo are Ron’s Atlantic value teams. Florida and Tampa Bay dominate the implied probability column, but Montreal and Buffalo offer longer division prices with conference and Cup upside.
METROPOLITAN DIVISION
| Team | Odds | Implied probability |
|---|---|---|
| Carolina Hurricanes | +115 | 46.5% |
| Washington Capitals | +276 | 26.6% |
| New Jersey Devils | +541 | 15.6% |
| Philadelphia Flyers | +1053 | 8.7% |
| Columbus Blue Jackets | +1204 | 7.7% |
| New York Rangers | +1505 | 6.2% |
| Pittsburgh Penguins | +1738 | 5.4% |
| New York Islanders | +2810 | 3.4% |
CENTRAL DIVISION
| Team | Odds | Implied probability |
|---|---|---|
| Colorado Avalanche | +126 | 44.2% |
| Minnesota Wild | +276 | 26.6% |
| Dallas Stars | +331 | 23.2% |
| Utah Mammoth | +653 | 13.3% |
| Winnipeg Jets | +2310 | 4.1% |
| St. Louis Blues | +2807 | 3.4% |
| Nashville Predators | +2862 | 3.4% |
| Chicago Blackhawks | +5316 | 1.8% |
Minnesota is second on the Central board at +276, behind Colorado at +126. That positioning supports the Wild as a Western Conference value team.
PACIFIC DIVISION
| Team | Odds | Implied probability |
|---|---|---|
| Edmonton Oilers | +159 | 38.6% |
| Vegas Golden Knights | +197 | 33.7% |
| Los Angeles Kings | +548 | 15.4% |
| Anaheim Ducks | +583 | 14.6% |
| San Jose Sharks | +734 | 12.0% |
| Seattle Kraken | +4894 | 2.0% |
| Calgary Flames | +6836 | 1.4% |
| Vancouver Canucks | +8966 | 1.1% |
The Pacific is the only division with two teams priced below +200: Edmonton at +159 and Vegas at +197.
CONFERENCE MARKETS
EASTERN CONFERENCE
| Team | Odds | Implied probability |
|---|---|---|
| Carolina Hurricanes | +411 | 19.6% |
| Florida Panthers | +411 | 19.6% |
| Tampa Bay Lightning | +601 | 14.3% |
| Washington Capitals | +646 | 13.4% |
| Montreal Canadiens | +1203 | 7.7% |
| New Jersey Devils | +1403 | 6.7% |
| Toronto Maple Leafs | +1444 | 6.5% |
| Buffalo Sabres | +1603 | 5.9% |
| Ottawa Senators | +1706 | 5.5% |
| Philadelphia Flyers | +2007 | 4.7% |
| Columbus Blue Jackets | +2508 | 3.8% |
| Pittsburgh Penguins | +2806 | 3.4% |
| New York Rangers | +3110 | 3.1% |
| New York Islanders | +4013 | 2.4% |
| Detroit Red Wings | +3812 | 2.6% |
| Boston Bruins | +4393 | 2.2% |
Montreal and Buffalo are the designated East value plays. Montreal has the shorter conference price, while Buffalo has the longer number and therefore the greater payout profile.
WESTERN CONFERENCE
| Team | Odds | Implied probability |
|---|---|---|
| Colorado Avalanche | +410 | 19.6% |
| Edmonton Oilers | +410 | 19.6% |
| Vegas Golden Knights | +475 | 17.4% |
| Minnesota Wild | +615 | 14.0% |
| Dallas Stars | +810 | 11.0% |
| Los Angeles Kings | +1300 | 7.1% |
| Utah Mammoth | +1300 | 7.1% |
| Anaheim Ducks | +1500 | 6.3% |
| San Jose Sharks | +1600 | 5.9% |
| Winnipeg Jets | +3300 | 2.9% |
| St. Louis Blues | +4000 | 2.4% |
| Nashville Predators | +4500 | 2.2% |
| Calgary Flames | +7500 | 1.3% |
| Chicago Blackhawks | +7500 | 1.3% |
| Seattle Kraken | +7500 | 1.3% |
| Vancouver Canucks | +7500 | 1.3% |
Edmonton is tied with Colorado at the top of the West. Minnesota sits fourth at +615, behind Vegas and ahead of Dallas.
FEWEST POINTS: THE REVERSE INDICATOR
| Team | Odds | Implied probability |
|---|---|---|
| Vancouver Canucks | +304 | 24.8% |
| Calgary Flames | +453 | 18.1% |
| Chicago Blackhawks | +604 | 14.2% |
| Seattle Kraken | +654 | 13.3% |
| Winnipeg Jets | +805 | 11.0% |
| St. Louis Blues | +1408 | 6.6% |
| Nashville Predators | +1811 | 5.2% |
| Detroit Red Wings | +2012 | 4.7% |
| New York Islanders | +2213 | 4.3% |
| New York Rangers | +2514 | 3.8% |
| Boston Bruins | +3017 | 3.2% |
| Columbus Blue Jackets | +3519 | 2.8% |
| Philadelphia Flyers | +3519 | 2.8% |
| San Jose Sharks | +3519 | 2.8% |
| Anaheim Ducks | +4022 | 2.4% |
| Pittsburgh Penguins | +4022 | 2.4% |
| Los Angeles Kings | +4524 | 2.2% |
| New Jersey Devils | +5529 | 1.8% |
| Buffalo Sabres | +5529 | 1.8% |
| Ottawa Senators | +6031 | 1.6% |
| Utah Mammoth | +6031 | 1.6% |
| Toronto Maple Leafs | +6534 | 1.5% |
| Montreal Canadiens | +6634 | 1.5% |
| Washington Capitals | +10050 | 1.0% |
| Minnesota Wild | +10050 | 1.0% |
| Dallas Stars | +15073 | 0.7% |
| Vegas Golden Knights | +15073 | 0.7% |
| Tampa Bay Lightning | +15073 | 0.7% |
| Edmonton Oilers | +15073 | 0.7% |
| Colorado Avalanche | +15073 | 0.7% |
| Carolina Hurricanes | +15073 | 0.7% |
| Florida Panthers | +15073 | 0.7% |
The shortest fewest-points prices belong to Vancouver, Calgary, Chicago, Seattle and Winnipeg.
The reverse indicator is most notable at the bottom of the table: Dallas, Vegas, Tampa Bay, Edmonton, Colorado, Carolina and Florida are all priced at +15073 to finish with the fewest points. Edmonton’s presence in that group confirms the market’s two-sided view: elite contender in the Cup market, extreme outlier in the fewest-points market.
Montreal and Buffalo are both well outside the shortest fewest-points tier at +6634 and +5529, respectively.
SECONDARY VALUE READS
- Tampa Bay: +1400 Stanley Cup, +252 Atlantic, +601 East. The division and conference prices are materially shorter than the Cup price.
- Vegas: +1000 Stanley Cup, +197 Pacific, +475 West. The Golden Knights are priced as a top-two Pacific team and a top-three Western team.
- New Jersey: +2795 Stanley Cup, +541 Metropolitan. The division price is significantly shorter than the Cup number.
These are secondary reads behind Ron’s four headline positions: Montreal, Buffalo, Edmonton and Minnesota.
BOTTOM LINE
The shortest Stanley Cup price belongs to Florida at +634, followed by Colorado and Carolina. That is the market’s current answer, not a confirmed outcome.
Ron Raymond’s value board takes a different route:
- Montreal Canadiens: East value with Atlantic support
- Buffalo Sabres: widest division-to-Cup price gap among the four
- Edmonton Oilers: Pacific favorite and co-shortest Western Conference price
- Minnesota Wild: Central contender with a longer Western Conference and Cup price
Futures prices move as markets update. These conclusions are observations from the supplied odds, not predictions.
For more NHL betting data, visit ATS Stats, the NHL betting statistics hub, and the ATS Stats NHL archive.
For entertainment and informational purposes only, not betting advice. If you or someone you know has a gambling problem, call 1-800-GAMBLER.
