Calder Trophy Odds 2025: Hutson the Prohibitive Favorite After Surging Past Celebrini

Lane Hutson is the prohibitive Calder Trophy odds favorite, surging past long-time favorite Macklin Celebrini.
Calder Trophy Odds & Favorites 2025
Pictured: Montreal Canadiens defenseman Lane Hutson moves the puck against the Florida Panthers. Photo by Sam Navarro via Imagn Images

Lane Huston has shot to the top of the Calder Trophy odds leaderboard, trading way ahead of former favorite Macklin Celebrini at our best NHL betting sites

A few months ago, I stated that Hutson would have an excellent chance of winning the Calder Trophy if the Canadiens make the playoffs. Well, here we are, with Montreal in the thick of the race for the final Eastern Conference wild-card playoff berth.

Hutson's exceptional play has been influential in facilitating Montreal's meteoric rise, and it has him in an iron-clad position to win the Calder Trophy with the end of the regular season on the horizon. 

🏆 Calder Trophy odds 2025

Here are the latest Calder Trophy notes: 

  • Hutson leads all rookies in points, but he's played 12 more games than Celebrini
  • Hutson's odds shortened from +250 to -800 over the last two weeks
  • Celebrini's odds lengthened from -200 to +700 over the last two weeks
  • The up-and-down Michkov is back in third spot after scoring 11 points in a six-game point streak
  • Wolf's odds tumbled, lengthening from +2500 to +7500

Calder Trophy favorites 2025

🍁 Lane Hutson Calder Trophy odds (-800)

Hutson is one of the primary reasons the Canadiens are in the scrap for the final wild-card berth. He's third on the team in scoring and has 54 assists, 20 more than second-place Michkov among rookies. He recently enjoyed his second three-point outing of the season and has six points in the last four games. 

Leading the rookie scoring race is no easy feat, particularly for a defenseman. He has blown past Celebrini, which can be attributed more so to lifting Montreal into a playoff position down the stretch.  

With his odds shortening in astronomical fashion over the last two weeks, a winning $10 bet will profit just $1.25.

Best odds: -800 via DraftKings | Implied probability: 88.89%

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🦈 Macklin Celebrini Calder Trophy odds (+700)

The 2025 Calder Trophy odds. 
Pictured: San Jose Sharks center Macklin Celebrini celebrates a goal. Photo by Isaiah J. Downing via Imagn Images

Celebrini hasn't done anything wrong, making Hutson's ascension all the more impressive. The No. 1 draft pick has the most points per game (.87) among rookies and hasn't slowed down all season, logging 11 points in the previous 13 games. 

However, the Sharks are the worst team in the league, and that has to count for something. While Celebrini is faultless in his team's ineptitude, you can't ignore what Hutson is doing in Montreal, especially considering that most analysts believed the Canadiens would be one of the league's bottom feeders. 

Celebrini's +700 odds would pay a $70 profit if he wins the award. 

Best odds: +700 via FanDuel | Implied probability: 12.50%

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My 2025 Calder Trophy player to watch

🐺 Dustin Wolf Calder Trophy odds (+7500)

The 2025 Calder Trophy odds. 
Pictured: Calgary Flames goaltender Dustin Wolf makes a save against the Philadelphia Flyers. Photo by Eric Hartline via Imagn Images

It looks like Wolf's Calder Trophy bid will come up just short. Like Hutson, much of his candidacy depended on whether he could drag his team to the playoffs. While that particular candle hasn't been extinguished yet, chances are the Flames will also fall short of their ultimate goal. 

That said, Wolf's odds have fluctuated wildly all season. If he stands on his head in the last two weeks and gets the Flames to the Promised Land, this race could be flipped on its head.

The chances of that occurring are about as likely as Wolf's current 1.32% implied probability of winning the Calder. A winning $10 bet would profit $750. 

Best odds: +7500 via DraftKings | Implied probability: 1.32%

Calder Trophy betting strategy 

You can lock in your Calder Trophy futures pick at all of our best sportsbooks, including FanDuel, BetMGM, bet365, DraftKings, and Caesars, among others. 

Shop around to find the best odds and most competitive prices. It's important to do that continually. Look to see how our best sports betting sites react to contenders' injuries, hot streaks, cold streaks, and other nuances, like whether the rookie in question has been demoted to the fourth line or promoted to the first.

Markets like Calder Trophy odds are usually found in the "Awards" tab under "futures" market. 

Calder Trophy opening odds

  • Matvei Michkov: +500
  • Matvei Michkov: +500
  • Cutter Gauthier: +600
  • Will Smith: +600
  • Logan Stankoven: +600
  • Dustin Wolf: +1000
  • Lane Hutson: +1000
  • Yaroslav Askarov: +4000
  • Mavrik Bourque: +4000
  • Jesper Wallstedt: +4000
  • Fabian Lysell: +5000
  • Liam Ohgren: +5000
  • Gavin Brindley: +7500

Calder Trophy odds history

Bedard ran away with last season's Calder Trophy race, with some sportsbooks closing the market fairly early. The 2024-25 campaign is shaping up to be a neck-and-neck race among the lead candidates. 

Year Player Position Team Preseason Odds
2023-24 Connor Bedard C Chicago Blackhawks -135
2022-23 Matty Beniers C Seattle Kraken +400
2021-22 Moritz Seider D Detroit Red Wings +1200
2020-21 Kirill Kaprizov LW Minnesota Wild +400
2019-20 Cale Makar D Colorado Avalanche +400
2018-19 Elias Pettersson C Vancouver Canucks +240
2017-18 Mathew Barzal C New York Islanders +1800
2016-17 Auston Matthews C Toronto Maple Leafs -130
2015-16 Artemi Panarin LW Chicago Blackhawks +2200
2014-15 Aaron Ekblad D Florida Panthers +700
2013-14 Nathan MacKinnon C Colorado Avalanche N/A

Calder Trophy FAQ

Who is the Calder Trophy favorite?

The Montreal Canadiens Lane Hutson is the 2025 Calder Trophy odds favorite, trading at -800. Those odds represent an implied win probability of 88.89%, according to our odds calculator

Who won the Calder Trophy last year?

Chicago Blackhawks center Connor Bedard won last yerar's Calder Trophy after accruing 22 goals and 61 points over 68 games.

When will the Calder Trophy be decided?

Votes from the Professional Hockey Writers' Association must be filed before the Stanley Cup Playoffs begin. Last year's Calder Trophy was announced at the NHL Awards ceremony on June 27. 

How many No. 1 draft picks have won the Calder Trophy?

Twelve No. 1 draft picks have won the Calder Trophy, including Bedard, Auston Matthews, Mario Lemieux, Nathan MacKinnon, Patrick Kane, Alexander Ovechkin, Aaron Ekblad, Gilbert Perreault, Denis Potvin, Dale Hawerchuk, Bobby Smith, and Bryan Berard. 

When did a goaltender last win the Calder Trophy?

Steve Mason was the last goaltender to win the Calder Trophy. He secured the honor with the Columbus Blue Jackets in 2008-09. 

How many goaltenders have won the Calder Trophy?

Sixteen goaltenders have won the Calder Trophy but only three since 2000 (Mason, Andrew Raycroft, Evgeni Nabokov). 

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