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Defenseman Matthew Schaefer ran away in the Calder Trophy odds last season, but a promising draft delivers plenty of capable names who can win top rookie honors next season.

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Atop of that mountain sits Porter Martone, who recorded 10 points in nine NHL regular-season games last year. Close behind are the Top 2 picks in the 2026 NHL draft — Gavin McKenna and Ivar Stenberg.

Check out the latest NHL odds below.

Odds to win 2027 Calder Trophy

Player

Porter Martone

+275

Gavin McKenna

+310

Ivar Stenberg

+700

Cole Hutson

+750

Anton Frondell

+875

Ilya Protas

+1200

Roman Kantserov

+1500

Jacob Fowler

+2000

Konsta Helenius

+2000

James Hagens

+2500

Odds courtesy of Bet99, one of our best betting sites.

Odds movement

7/22: Despite being the No. 1 overall pick, Gavin McKenna opened up behind Porter Martone, who got some early experience at the pro level with Philadelphia last season. Rounding out the Top 3 is Ivar Stenberg, who is set to play a massive role with the San Jose Sharks.

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Understanding NHL Calder odds

Most sportsbooks will display odds in the American format as listed above. When the regular season is nearly finished and a consensus has emerged, you might see a player with a minus sign (-) ahead of his odds, like this:

The (-) means that Martone is the odds-on favorite, and a bettor would need to wager $600 to win $100. Other contenders in the Calder race might have plus (+) odds to win.

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Here, a bettor stood to profit $350 for every $100 wagered.

If American odds aren’t your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.

Popular NHL futures markets

NHL Calder Trophy trends

  • Only nine No. 1 overall picks have gone on to win the Calder Trophy.

  • Only 16 goaltenders have ever won the Calder Trophy, with Steve Mason being the last netminder to capture the award (2009).

  • In 1990, Sergei Makarov became the oldest player to win the Calder at 31 years old.

Calder Trophy history

A quick look at recent NHL Calder Trophy winners and the teams they played for.

This article originally appeared on Covers.com, read the full article here and view our best betting sites or check out our top sportsbook promos.

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