Vezina Trophy Odds (2025-26)

The following post features Vezina Trophy Odds (2025-26).

With the 2025-26 NHL season underway, sportsbooks have released the Vezina Trophy odds, providing a look at which goaltenders are the top contenders for the award recognizing the best at this position.

Read: NHL Norris Trophy Odds

Related: NHL Selke Trophy Odds

As the NHL season progresses, bettors and fans can see which elite goaltenders are likely to post dominant statistics and stand out as the league’s most effective netminders this season.

So, how is the Vezina Trophy race shaping up for 2025-26? Here’s what you need to know.

Overview

Last season, Connor Hellebuyck of the Winnipeg Jets captured his third Vezina Trophy, earning a near-unanimous victory with 31 of 32 first-place votes over Andrei Vasilevskiy (2nd place) and Darcy Kuemper (3rd place). Hellebuyck’s win was built on a dominant season, as he led all NHL goaltenders in wins (47), shutouts (8), and goals-against average (2.00), becoming the first goalie to post a 47-win season since 2016. His incredible consistency, combined with a .925 save percentage and guiding the Jets to a Presidents’ Trophy, made the vote a landslide. Hellebuyck now joins an exclusive list of only four goalies to win at least three Vezina Trophies under the modern voting format.

Vezina Trophy

The Vezina Trophy is presented annually to the National Hockey League goaltender who is adjudged to be the best at his position. The winner is determined by a poll taken at the conclusion of the regular season, submitted by the 32 NHL General Managers. This award is historically dominated by netminders who excel in core statistics, typically requiring them to rank among the league’s leaders in wins, save percentage, and goals-against average, while also playing a high volume of games. The selection process heavily weighs these traditional metrics alongside advanced stats like Goals Saved Above Average (GSAA) and the overall success of the player’s team.

Vezina Trophy Odds (2025-26)

Below is a table displaying the odds for the Vezina Trophy. All odds were sourced on Oct 21, 2025. Click here for the very latest odds (via OddsChecker).

Player Spotlights

Igor Shesterkin (New York Rangers, +250)

Shesterkin, the 2022 Vezina winner, is the narrow favorite whose odds at +250 represent his elite potential and track record. His betting case is a bounce-back narrative; after a down season statistically, the Rangers’ reliance on him—having faced the most shots in the NHL last season—gives him a clear path to high-volume dominance. With new coaching emphasizing team defense, the belief is Shesterkin will quickly return to the top of the league in save percentage and goals-against average. If the Rangers are a top-tier Eastern Conference contender, Shesterkin’s brilliant saves will be the defining factor in his second Vezina win.

Connor Hellebuyck (Winnipeg Jets, +350)

Hellebuyck, the reigning back-to-back Vezina and Hart Trophy winner, is the established standard for the award, and his odds at +350 reflect the extreme difficulty of achieving a “three-peat.” Hellebuyck’s case is built on unprecedented consistency; he led the NHL last year in wins (47), shutouts (8), and goals-against average (2.00). To win his fourth Vezina, he must maintain his league-leading workload and continue to post elite percentages while playing behind a team that often allows a high number of quality shots. If he sustains this dominance, Hellebuyck’s historical narrative makes him a potent choice.

Jake Oettinger (Dallas Stars, +1100)

Oettinger is a high-upside contender whose +1100 odds present a value bet on a breakout season. His betting case is a blend of elite potential, playoff pedigree, and a strong Stars team. Oettinger has finished in the top five of voting before and is backed by a deep, Cup-contending team, which is a major boost for the award’s narrative. For this futures bet to pay off, Oettinger needs to increase his save percentage and shutouts to join the top tier, leveraging the Stars’ overall success and his clutch performances to vault over the established favorites.

Andrei Vasilevskiy (Tampa Bay Lightning, +1500)

Vasilevskiy, the 2019 Vezina winner, is a veteran pedigree pick at +1500, representing a proven track record of being the league’s top goalie. Despite a somewhat injury-marred and slightly less dominant past season, he finished a surprising second in voting, highlighting the immense respect he commands from General Managers. The betting case is an immediate return to form: Vasilevskiy’s rebound control and athleticism are still considered elite by peers. If the Lightning stabilize and he plays 60+ games with his career-average metrics, the GM voters may reward his sustained greatness and second-place finish from last year.

Thatcher Demko (Vancouver Canucks, +1600)

Demko, a former Vezina runner-up, is the intriguing challenger on a Western Conference contender at +1600. His case rests on repeating or exceeding his impressive numbers from two seasons ago, where he posted a .918 save percentage and backstopped the Canucks to a division title. Demko is the backbone of the Canucks’ system, and his strong individual metrics—combined with the possibility of the team having another strong year—create a compelling narrative of a top goalie carrying a winning team. If he can stay healthy for a full season, his strong team success story makes him a prime candidate for his first Vezina.

Vezina Trophy Winners (2015-Present)

The table below highlights every Vezina Trophy winner since 2015.

Conclusion

In conclusion, while Igor Shesterkin and Connor Hellebuyck dominate the field as the statistical frontrunners, Jake Oettinger, Andrei Vasilevskiy, and Thatcher Demko present compelling alternatives, whose combination of elite metrics, heavy workload, and team success narratives position them strongly to win the Vezina Trophy.