Edmonton Oilers 2024 Stanley Cup Odds
The Edmonton Oilers hoped to win the 2023 Stanley Cup but were exposed by the eventual champion Vegas Golden Knights in the playoffs. Edmonton still lacks the depth required of a champion. Now Edmonton will regroup for another run before their Stanley Cup window closes. In the 2023 NHL Draft, Getting Beau Akey at 56th overall is a nice addition to Edmonton’s blue-line prospects, but with only three picks and a focus on shedding players, it was a minimal-impact day.
2024 Stanley Cup Betting Odds
Edmonton Oilers NHL Betting Lines
The 2022-23 Edmonton Oilers were 50-23-9 straight up and 46-27 over/under the total. Also, Edmonton was 2nd in the Pacific Division playoff standings. Edmonton was two points behind the Vegas Golden Knights in the Pacific Division race. Edmonton had NHL rankings of 1st for goals scored and 1st for power play efficiency. In comparison, on defense, the Oilers had NHL rankings of 17th for goals against and 20th for penalty killing.
First among Edmonton scorers was Connor McDavid with 64 goals, 89 assists, 153 points, and a +22. Goaltender Stuart Skinner had a .913 save percentage and 2.75 goals against average. His record was 29-14-5, with one shutout.
Head coach Jay Woodcroft will enter his second full season expecting the Oilers to be in a championship window. Woodcroft and his staff created the sort of offensive strategies that gave the Oilers a chance to win every game -- a needed quality with some of their defensive challenges before getting Mattias Ekholm at the trade deadline. The past two postseasons have ended with the Oilers losing to the eventual Cup champions, which could be viewed as a sign that Woodcroft & Co. might not be that far off.
Oilers GM Ken Holland and his front-office staff follow the playbook all contemporary Cup contenders must follow in a flat-cap environment. They cleared cap space by trading Kostin and Yamamoto. They maximized that cap space by signing Brown and Janmark to team-friendly deals. They also harvested cap space, knowing that restricted free agents such as Evan Bouchard and Ryan McLeod needed new contracts.
Now it is a matter of seeing how those decisions play out in the Oilers' bid to win a Stanley Cup for the first time in more than 30 years.
Season-by-Season Record (Last 5)
| SEASON |
GAMES |
WINS |
LOSSES |
FINISH |
PLAYOFFS |
| 2022–23 |
82 |
50 |
23 |
2nd, Pacific |
Lost in Second Round, 2–4 (Golden Knights) |
| 2021–22 |
82 |
49 |
27 |
2nd, Pacific |
Lost in Conference Finals, 0–4 (Avalanche) |
| 2020–21 |
56 |
35 |
19 |
2nd, North |
Lost in First Round, 0–4 (Jets) |
| 2019–20 |
71 |
37 |
25 |
2nd, Pacific |
Lost in Qualifying Round, 1–3 (Blackhawks) |
| 2018–19 |
82 |
35 |
38 |
7th, Pacific |
Did not qualify |
Edmonton Oilers History
The Oilers were born as a member of the World Hockey Association in 1972. They are best remembered for putting one of the greatest teams in NHL history on the ice in the 1980s. Edmonton won five Stanley Cups from 1984 through 1990. Those teams lit up the marquee with stars such as Paul Coffey, Wayne Gretzky, Jari Kurri, and Mark Messier.
When Gretzky was traded to the Los Angeles Kings in 1988, Canada mourned and burned then-owner Peter Pocklington in effigy. But in 1990, the remaining players rallied to win the franchise’s fifth and final Stanley Cup.
Following that last Stanley Cup, the Oilers suffered the same fate as other Canadian teams in the 1990s. The Canadian dollar was weak then, and there was no salary cap. But in 2006, the NHL was coming out of a lockout and lost season. The league was able to win a hard salary cap. Edmonton quickly took advantage and made the Stanley Cup final, losing to the Carolina Hurricanes in a thrilling series.
In 2015 the Oilers drafted a transformational player, Connor McDavid, first overall in the NHL Draft. McDavid was the spark that the franchise needed. But with his arrival came expectations that were over the top and perhaps unrealistic. McDavid’s arrival was the asset that sparked the creation of the Oilers' new arena that rates among the best in the world.
Additionally, the passionate Edmonton fan base has a level of faith that has been lacking since the days of Gretzky and Messier. And with the strong finish to the 2021-22 season, the Oilers are finally reaching their potential.
NHL Teams
Eastern Conference - Atlantic
Eastern Conference - Metropolitan
Western Conference - Central
Western Conference - Pacific
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