Calgary Flames Odds 2026

Written by: Matthew Eichhorn Fact checked by: Jaclyn Hurst

Last Updated: March 12, 2026

In yet another season to forget, the Alberta-based squad has struggled to produce wins, and the odds of the Calgary Flames making the playoffs are diminishing with each passing day, setting up their fourth-straight season without a postseason appearance. However, that doesn’t mean you can’t still be on the latest Calgary Flames odds and get valuable betting insights into this year’s squad, such as top players, betting statistics, and more.

Calgary Flames Betting Odds: Snapshot

Click on the odds below to place a wager, courtesy of bet365. These bet365 odds were last updated on Mar 12, 2026:

At bet365, the Flames are priced as longshots for the Stanley Cup at around +150000, placing them on the outside amid their recent struggles. They’re also outsiders to win the Western Conference at +75000 and way down the board for the Pacific Division at roughly +150000, signalling the market sees zero chance of a deep playoff run from Calgary this season.

Calgary Flames Odds Tonight

We update these odds every game day. Click on the odds below to place a wager on the next Flames game, courtesy of bet365. These odds were last updated on Mar 12, 2026:

Calgary Flames Playoff Odds 2026

These odds were last updated on Mar 12, 2026:

Calgary Flames Stanley Cup Odds

These odds were last updated on Mar 12, 2026:

👉 What this means for you: With +250000 odds to win the Stanley Cup (from bet365), the Flames are massive underdogs to win the Stanley Cup; if you bet $100 and they win, you’d profit $250,000 (total payout of $250,100, which includes your original stake).

• A $100 futures bet on the Flames right now to win the Cup would potentially earn you $250,000 in profit.
• A $10 bet would return $25,000 total ($25,010 profit plus your original stake).

These odds offer incredible value for bettors who believe the team can make an impossible playoff run and are ready to back them. But realistically, it isn’t looking great for the Flames!

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Calgary Flames vs. Edmonton Oilers Odds

Facing off four times each season, the rivalry between the Calgary Flames vs. Edmonton Oilers is one of the most bitter in NHL history. With no shortage of bone-jarring hits, trash talk, and electric crowds, the Battle of Alberta always means more than just two points to the regular season standings.

Historically, the Flames have bested the Oilers in the regular season, sporting a 133-111-18-7 record. In the postseason, the Oilers have flipped the script, dominating the Flames 23-12 and 5-1 in head-to-head playoff series wins.

Check out the outcome of the Battle of Alberta games within the 2025-26 NHL season below and use this information to help place your next bets on this heated rivalry.

Calgary Flames Predictions: Matt’s Take

Previously published in Sports Betting Dime, The Hockey Writers, Prospects by Sports Illustrated, and FanSided, Matt has expert knowledge of all major North American sports as well as the best ways to bet on them.

Read more from Matt →

Just over the halfway mark of the 2025-26 NHL season, it’s clear this isn’t going to be a winning season for the Flames. With a lacklustre roster that’s struggled to find its game, making them an outright fade for your Flames predictions on a nightly-basis.

Last year’s breakout rookie goaltender, Dustin Wolf, is taking a major step backward in production, coupled with an aging roster relying on veterans such as Nazim Kadri and Mikael Backlund to carry the bulk of the offensive production; any Calgary Flames playoff predictions should be made on them to miss out on the postseason.

If you’re planning on making any Calgary Flames predictions this year, bet on them to lose as they currently rank among the bottom of the Western Conference, with no signs of rising in the standings in 2026.

How to Bet on Calgary Flames Odds

If you’re going to start betting on the latest Flames odds, you’ll need to sign up with one of the top NHL betting sites in Canada first. Select the sportsbook that’s right for you below, register your account, and make an initial deposit. Here’s a step-by-step walk-through for how to bet on the Flames:

1. Choose a reputable sportsbook: Check out our guide to the top NHL betting sites to find the oddsmaker that’s right for you. Be sure to review the features offered, available banking methods, and customer support options.
2. Create an account: Select the sign-up prompt and provide the personal details required to open your account.
3. Deposit funds: Once you’ve been verified and have officially opened your sports betting account, head to the banking options of the betting site and deposit funds to play with.
4. Place your bet: Now that your account is loaded with playable currency, check out the latest NHL odds and place your first bet on the Calgary Flames.
5. Track the game: After placing your bet, all that’s left to do is sit back and watch the action unfold as you sweat out the matchup in hopes of netting a return for your wagered stake.

Best Betting Sites for Calgary Flames Odds

Most Popular Calgary Flames Betting Markets

If you’re looking to start placing bets on the latest Calgary Flames odds, you’ll need to understand how each betting market works. Below, we’ve outlined how to read sports betting odds, how to win each betting market, and the best way to make the most of these NHL betting odds.

🏒 Flames Moneyline

The best starting spot for new NHL bettors, as well as a reliable betting market for experienced gamblers, the moneyline is always a good option for your bets. A moneyline is simply picking the winner of an upcoming matchup.

For example, if you wanted to bet on the Flames to beat the Edmonton Oilers in their upcoming matchup, you’d take the Flames moneyline. If they can win the game, you’ll win your bet; if they come up short, so will your bet.

🏒 Flames Puck Line

The puck line works the same as a point spread in other sports. The NHL’s standard is a -1.5/+1.5 goal spread: favourites must win by 2+ goals to “cover,” while underdogs cover with a win or one-goal loss. With this betting market, you can receive increased value at a higher risk while backing a favourite or receive some insurance with lesser odds when betting on an underdog.

For example, if the Calgary Flames are set as -1.5 favourites against Western Conference rivals, the Vancouver Canucks at +1.5, the Flames need to win by two or more goals to cover the puck line. Conversely, the Canucks either need to win outright or lose by one goal to cover.

An easy way to evaluate the puck line is to subtract the puck line from a favourite’s final score to see if they covered, or add it for an underdog.

For example, if the final score was 4-2 for the Flames, you could subtract 1.5 from their score, which would give you 2.5-2, meaning that the Flames successfully covered as 2.5 is still greater than 2. For the underdog, if you added 1.5 to the Canucks score, this would bring it to 4-3.5, still below the Flames’ goal total value, meaning they didn’t cover.

🏒 Flames Over/Under

Instead of focusing on the winners and losers of an NHL matchup, an over/under or goal total bet allows you to wager on the number of times the lamp is lit red in a matchup. A typical hockey over/under is between 5.5 and 6.5 total goals, depending on the talent level and scoring average of the two teams involved.

For example, if the Calgary Flames face the Winnipeg Jets in a Western Conference clash, the goal total may be set at 5.5 goals. If, by the time the final horn sounds, five or fewer total goals are scored, that would mean the under hit, whereas if six or more goals are scored, that means the over is the winning bet.

🏒 Flames Player Props

Allowing bettors to wager on the performance of a specific player rather than the overall team performance, player props are one of the most popular NHL betting markets available.

Examples of NHL player props include anytime goal scorers, over/under on shots on goal, points, and total saves made. With this betting market, you can add a new layer of excitement to your NHL bets, such as backing top players on the Flames like Nazem Kadri to score in their next game played.

🏒 Flames Futures

Think you know how the Flames’ season will play out? Then be sure to check out the available futures betting markets. NHL futures allow bettors to wager on events before they unfold, such as the Flames’ chances to make the postseason, win the Western Conference, and even the Stanley Cup.

These odds generally hold terrific value depending on when the bet is placed, typically providing the best odds in the early-goings of the season. If you’re able to place your bet at an opportune time, you could net yourself a major payday by the time the season wraps up in 2025.

More NHL Betting Resources

• Latest NHL Odds
• Best NHL Betting Sites
• Stanley Cup Odds
• NHL Awards Odds
• NHL Teams

How to Read Flames Odds 👓

If you’re going to place bets on the NHL this season, you’ll need to learn how to read betting odds. Below, we’ve outlined how to read Flames betting odds in American odds format.

In these betting markets, a favourite is displayed using a minus symbol (-) and an underdog is shown using a plus sign (+). The minus sign indicates the amount needed to be wagered to win $100 in profit, while the plus sign shows how much will be won in profit through a $100 wager.

For example, if the Flames are -150 favourites to win their next game, you’d need to wager $150 to win $100 profit. Another example would be if the Flames are +50000 to win the Stanley Cup, that means a $100 bet would secure a $50,000 payout if the Flames were left hoisting the Cup at the end of the season.

Calgary Flames: Key Statistics

Replay: Calgary Flames Odds

The NHL season is in full-swing, and there’s never been a better time to start placing bets on the latest Calgary Flames odds. Be sure to check back to this regularly updated page for the best odds and insight on the Flames’ season so you can stay informed and win on your next NHL bet.