2025 NHL Playoffs: Florida Panthers vs. Tampa Bay Lightning first-round series odds

The Tampa Bay Lightning are +650 to overcome a 3-1 series deficit against the reigning Stanley Cup champion Florida Panthers.

The Battle of Florida has been one of the several thrilling first-round series in this year’s postseason, and it’s not over yet.

Game 4 provided the first home win of the series after the Panthers took Games 1 and 2 on the road in Tampa and the Lightning won Game 3 by a score of 5-1.

In Game 4, the Cup holders showed their playoff poise, scoring three times in the final four minutes of regulation, including twice in 11 seconds, to erase a 2-1 deficit and win 4-2.

Aaron Ekblad – who is suspended for the next two games for a hit on Lightning winger Brandon Hagel – scored the first before Seth Jones buried the go-ahead goal moments later.

Let’s take a look at the latest series odds ahead of Wednesday’s Game 5.

Florida Panthers vs. Tampa Bay Lightning first-round series odds

Panthers lead series 3-1

To Win Series - After Game 4

FLA Panthers	-1000
TB Lightning	+650

Prior to the series, the Panthers were slight favorites at -115, while the Lightning were -105 underdogs.

Series Correct Score - After Game 4

Series Score	FLA Panthers to win	TB Lightning to win
4-1	-105	-
4-2	+210	-
4-3	+650	+650

Prior to the series, Panthers to win 4-2 (+400) was the outcome with the shortest odds, followed by Panthers to win 4-3 and Lightning to win 4-3 tied at +450 each.

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Odds displayed within this article were correct at the time of writing and are subject to change.