Hockey is a popular sport in Canada and betting on hockey games is also a popular pastime. If you’re new to betting on hockey, this guide will help get you started.
The most important thing to remember when betting on hockey is that the odds are usually not in your favour. The favourite team doesn’t always win and the underdogs don’t always lose. That’s why it’s important to do your research before placing any bets.
How Do Hockey Betting Lines Work?
Hockey betting lines work in a similar way to other sports betting lines. The odds are set by the bookmakers to reflect the likelihood of a particular outcome. For example, if the Montreal Canadiens are playing the Toronto Maple Leafs, the bookmakers may set the line at +1.5 for the Canadiens. This means that they think the Canadiens are more likely to win than the Maple Leafs.
The odds can be displayed in different ways, but usually, they will either be displayed as fractions (2/1, 3/2 etc.) or decimals (2.00, 3.50 etc.). If you bet on the team with the higher odds, you will win more money if they win, but if they lose, you will lose your entire stake.
What is a Moneyline in NHL Betting?
In basic terms, a moneyline bet in NHL betting is simply picking which team will win the game. No other factors come into play, such as Spreads or Pucklines. The odds will be presented in one of two ways; either as a plus (+) or minus (-) sign. A minus sign indicates that the team is favored to win, while a plus sign means that the team is considered an underdog. The number following the sign will indicate how much you need to bet in order to win $100, or alternatively, how much you will win if you bet $100.
For example, let’s say that the Chicago Blackhawks are playing the Anaheim Ducks and the odds are -200/+170. This means that the Blackhawks are favored to win and you would need to bet $200 to win $100. Alternatively, if you bet $100 on the Ducks, you would stand to win $170. In this case, the minus sign (-) indicates that the Blackhawks are the favorite, while the plus sign (+) shows that the Ducks are considered the underdog.
How To Read NHL Odds
NHL odds in Canada can be quite confusing if you don’t know how to read them. Here is a quick guide on how to read NHL odds so that you can make more informed betting decisions:
Types of Bets in Ice Hockey:
- Puck Line bets are the most popular type of bet in hockey. The puck line is the 1.5 goal spread between the favorite and the underdog. In order to win a Puck Line bet, the team you bet on must win by at least two goals. If you bet on the favorite, they must win by two or more goals. If you bet on the underdog, they can lose by one goal and you will still win your bet.
- NHL Over/Under Totals is the number of goals that are expected to be scored in a game by both teams combined. For example, if the over/under total is 5 and the final score of the game is 4-2, then the over would win and the under would lose.
- Proposition (or Prop) Bets are bets that are not related to the final outcome of the game. These bets can be about anything that may happen during the course of the game. For example, a prop bet may be which team will score the first goal, how many total goals will be scored in the game, or who will get the most penalty minutes.
- Futures Bets are bets that are made on events that will happen in the future. These bets can be about anything related to hockey. For example, you could bet on which team will win the Stanley Cup before the playoffs even start.
- Live Betting is when you make a bet on an event after it has already started. For example, if a game is tied 0-0 going into the third period, you could place a live bet on which team scores the first goal of the game.
- 60 Minute Line bets are similar to Money Line bets, but they are for betting on the result of a game after 60 minutes of play, regardless of overtime or shootouts.
- Period Line bets are bets on the outcome of a specific period in a game. For example, you could bet on which team is leading after the first period, or whether the score will be tied at the end of the second period.
- Parlays are when you combine two or more bets into one. For example, you could bet that the Montreal Canadiens will win their game and that the over will hit on the game total. If both of these things happen, you would win your parlay.
- Grand Salami is a bet on the combined score of all games being played on a specific day. For example, if you bet that the Grand Salami will be over 60 and the combined score of all games being played that day is 61, then you would win your bet.
- Derivatives of these bets are also available, such as betting on the first goal scorer, the correct score, or even who will get the most hits in a game.
How to Bet on NHL Playoffs?
The NHL playoffs are a great time to get involved in some betting action and there are a few different ways that you can go about it. One option is to bet on the outright winner of the Stanley Cup, which can be done either before the playoffs start or during the course of the tournament.
Another popular option is to bet on individual games during the playoffs. This can be done either by betting on the moneyline, which is simply picking who you think will win the game, or by using a point spread. The latter option is usually more popular as it gives you a bit more flexibility in your betting and can often lead to some better odds.
5 NHL Betting Tips for Newcomers
If you’re new to betting on NHL games, here are five tips to help you get started:
1. Start with the moneyline bet
This is the simplest and most common way to bet on NHL games. You simply pick which team you think will win the game.
2. Pay attention to the odds
The odds will give you an indication of how much money you can expect to win or lose on a particular bet. They also provide some insight into which team is favored to win. Make sure you understand how the odds work before placing a bet.
3. Consider using a betting system
There are many different betting systems out there that can help you make money on NHL games. Do your research and find one that you think will work for you.
4. Set a budget and stick to it
Gambling can be addictive, which is why it’s important to set a budget and stick to it. Only bet what you can afford to lose.
5. Don’t get too emotionally attached to your bets
NHL games are unpredictable, so don’t get too upset if you lose a bet. Just remember that the goal is to make money in the long run, not win every single bet.
Hockey Basic Rules
- The objective in hockey is to score more goals than your opponent.
- A game of hockey consists of three 20-minute periods, with a 15-minute break in between each period.
- Each team consists of six players: one goaltender, five skaters (forwards and defensemen).
- The goaltender is the only player on the ice who can use his hands to catch or stop the puck.
- To start each period or after a goal is scored, play begins at center ice with a faceoff. During a faceoff, two opposing players stand opposite each other and try to win control of the puck by using their sticks.
- If a player commits a minor infraction, such as tripping or hooking another player, he is sent to the penalty box for two minutes. During this time, his team must play short-handed, meaning they have one less player on the ice. If a player commits a major infraction, such as fighting or slashing another player, he is given a five minute penalty.
- The team that scores the most goals in the game wins. In case of a tie, there is a five-minute overtime period. If neither team scores during overtime, the game ends in a tie.
Hockey Betting Mistakes that Cost You Money
Hockey is a popular sport to bet on, but it’s also one of the easiest sports to make mistakes and lose money. Here are four common hockey betting mistakes that you need to avoid:
1. Not Understanding the Different Types of Bets
There are many different types of bets you can place on a hockey game, but the most common are moneyline, puck line and totals (over/under). It’s important that you understand how each type of bet works before placing any wagers. Otherwise, you could end up losing money unnecessarily.
2. Not Shopping Around for the Best Lines
Lines for hockey games can vary from bookmaker to bookmaker. That’s why it’s important to shop around for the best lines before placing any bets.
3. Betting on Too Many Games
One of the biggest mistakes hockey bettors make is betting on too many games. It’s important to be selective and only bet on the games that you have a good feeling about. Otherwise, you’re just throwing your money away.
4. Not Managing Your Money Properly
Another common mistake hockey bettors make is not managing their money properly. It’s important to set a budget and stick to it. Only bet what you can afford to lose and never chase your losses.
Icing: Icing is when a team shoots the puck all the way down the ice and it goes past the other team’s red line without being touched.
Offside: Offside is when any part of a player’s body or stick is over the blue line of the opposing team before the puck crosses that line.
Slapshot: A slapshot is a type of shot where a player winds up their stick and then slaps the puck as hard as they can.
Wrist shot: A wrist shot is when a player uses mainly a wrist action and the concave side of their stick blade to shoot the puck. It is not as hard as a slapshot, but it is more accurate.
Save: A save is when the goalie stops the puck from going into the net.
Penalty kill: The penalty kill is when a team is down a player because of a penalty and they have to prevent the other team from scoring by defensively running down the clock during the penalty period.
Power play: The power play is when a team has an extra player on the ice because the other team has committed a penalty.
Hockey is a sport that has been around for centuries. The first recorded game of hockey took place in 1875, in Montreal, Canada. The game quickly became popular in the United States and Europe. The first professional hockey league was formed in 1917, and the Stanley Cup, the most prestigious trophy in hockey, was first awarded in 1893.
Today, hockey is played at a professional level all over the world, and is one of the most popular sports in North America. Millions of people play the sport at various levels, from recreational to elite. The game is fast-paced and exciting, and requires great skill and stamina from its players.
Bet on NHL Responsibly
When it comes to betting on NHL games, it is important to do so responsibly. This means taking the time to learn about the sport and the teams involved, as well as setting a budget and sticking to it. It is also important to remember that even the best hockey teams lose sometimes, so don’t get too caught up in trying to win every bet. Instead, focus on making smart bets that give you a good chance of winning while also providing value.
Hockey Betting FAQs
What is 3-Way Betting in Hockey?
3-way betting in hockey simply means that there are three possible outcomes to bet on for a particular game - either Team A wins, Team B wins, or the game ends in a tie. In other words, you would be betting on one of three possible outcomes.
Who to Bet on Tonight on NHL?
The best way to answer this question is to first look at the NHL standings and see which teams are playing well and which ones are not. You can also check out team statistics to get an idea of how they have been performing lately.
What Does +1.5 Mean in Hockey Betting?
+1.5 means that the team you bet on must win by two or more goals in order for you to win your bet. If the team only wins by one goal, then you will lose your bet. It is important to remember that with this type of betting, ties are considered losses.
What Does a +200 Line Mean?
A +200 line means that you will win $200 for every $100 that you bet. In other words, if you bet $100 on a team with a +200 line and they win, you will win $200. This type of bet is often seen as a long shot because the odds are not in the favor of the bettor.
What is 60 Minute NHL?
60 minute NHL is a type of betting where you bet on the game to be decided in regulation time (60 minutes). If the game is still tied after 60 minutes, then your bet will be a push (i.e. you will get your money back).