Analyzing the 2025 NHL Playoff Odds: Potential Upsets in the 2025 Season
Published 11:31 pm Tuesday, May 27, 2025
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With the Conference Finals underway, the idea of potential upsets has shifted from speculation to real-time drama. Early expectations based on regular season standings have given way to the raw, unpredictable nature of playoff hockey, where momentum and timing often outweigh pre-series projections.
Two series remain, each with its distinct narrative. In the East, dominance has taken center stage. At the same time, in the West, a tight battle continues to unfold—one driven by resilience, adjustments, and the ever-present possibility of a momentum swing.
Eastern Conference Final: Florida Panthers vs. Carolina Hurricanes
Current Series Status: Florida Panthers lead 3-0
The Florida Panthers have exerted overwhelming control over the Eastern Conference Final, now holding a 3-0 lead against the Carolina Hurricanes. Their dominance has been built on a relentless offensive attack and elite goaltending. Aleksander Barkov, Matthew Tkachuk, and Carter Verhaeghe have spearheaded a multi-layered offense that has consistently cracked through the Hurricanes’ typically disciplined defense.
Sergei Bobrovsky has been nothing short of sensational, repeatedly denying Carolina’s best chances and giving Florida the breathing room to surge ahead—reflected in the latest NHL playoff odds, which now heavily favor the Panthers to advance. Game 3 offered a vivid example of this dynamic. Tied heading into the third period, the Panthers erupted for five goals, turning a close contest into a 6-2 rout. This kind of late-game explosiveness and unwavering composure have been a hallmark of Florida’s postseason play.
For Carolina, the series has been frustrating. Their usually potent offense has been neutralized, and even when they generate quality chances, Bobrovsky has often been unbeatable. In an attempt to shift the tide, the Hurricanes have rotated goaltenders, but no combination has stymied the Panthers’ attack. While a comeback remains mathematically possible, the reality is stark. Only four teams in NHL history have ever rallied from a 3-0 series deficit to win.
For Carolina to join that list, it would require a perfect storm: a total mental reset, a dramatic uptick in goaltending, and career-defining performances from their star players. At this point, the Panthers are in full control, and barring a dramatic collapse, they appear destined for their third straight Stanley Cup Final appearance.
Western Conference Final: Edmonton Oilers vs. Dallas Stars
Current Series Status: Edmonton Oilers lead 2-1
The Western Conference Final, in contrast, remains far more competitive. The Edmonton Oilers hold a 2-1 series lead over the Dallas Stars, buoyed by two convincing performances following an initial Game 1 setback. The Oilers bounced back emphatically after losing 6-3 in the opener, including a 6-1 demolition of the Stars in Game 3.
Edmonton’s resurgence has been led by the brilliance of Connor McDavid and Zach Hyman, who have spearheaded their offensive surge. The Oilers’ power play—lethal all season—has continued to be a decisive weapon, converting at key moments and applying constant pressure. On the back end, goaltender Stuart Skinner has been solid, offering a consistent and calming presence in the net.
Dallas, however, is not a team to be counted out easily. Having already dispatched the top-seeded Winnipeg Jets in the previous round, the Stars have proven their ability to grind through adversity. Yet, Game 3 revealed troubling signs: their offense was muted, their shot totals were low, and their physical edge was blunted. Injuries, including the absence of key forward Roope Hintz, have also affected their forward depth and disrupted line chemistry.
Despite trailing in the series, the Stars’ upset potential remains real. Their recipe for turning the tide begins with neutralizing the Oilers’ top offensive threats at even strength and, most critically, on the power play. Dallas will also need secondary scoring to emerge from its supporting cast and contributions from the blue line. Goaltender Jake Oettinger must elevate his performance and consistently outplay Skinner. Lastly, the Stars must lean into their identity—playing a grinding, physical style that can wear down Edmonton’s speed-driven attack.
Final Words
The path to the Stanley Cup Final is now wide open for the Florida Panthers, who are just one win away from their third consecutive appearance and another shot at hockey’s ultimate prize. Their depth, experience, and composure have left the Carolina Hurricanes with little hope of a comeback as Florida continues to dominate the Eastern Conference with confidence and precision.
The Edmonton Oilers hold a 2-1 series lead out West, but the battle is far from over. The Dallas Stars, seasoned and resilient, have the tools to flip the series if they can rediscover their rhythm. While Florida has nearly sealed its place in the Final, the Western Conference remains tightly contested. If Dallas can spark a turnaround, the 2025 postseason could still deliver one of its most dramatic twists.
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