Best Way To Bet On Hockey

Money line betting is the most popular type of bet when it comes to hockey betting. Every hockey game on the board will offer a money line, regardless of how big of a favorite or how big of an underdog one of the teams is. Here’s an example of a money line. In hockey, betting on the moneyline is simply betting on who will win the game, and is the most popular method of betting on the NHL. For example, if the moneyline has Philadelphia at +110 and Pittsburgh. In our latest Learn to Earn segment, we dive into how - and why - to bet on hockey. The NHL, sitting behind the MLB, NFL and NBA - ranks a distance fourth in.

Hockey first period betting is a fast-paced way to bet on hockey matches at hockey betting sites. The object of first period betting in hockey is to predict which team will be winning at the end of the first period. First period bets are similar to regular wagers on hockey games except the bet only applies to the first period of the game.

First period hockey betting wagers are popular in hockey betting online because they are resolved after just 20 minutes of play time. If you like to get instant results or simply have a reason to believe one team will start out stronger than the other, you can use first period hockey bets and get quick results.

NHL hockey games are divided up into three different 20 minute periods, for a total of 60 minutes of play time. Instead of betting on which team will win the match, you can place bets on who will be winning at the end of the first period. It’s a simple type of hockey bet and very popular.

First Period Betting Example

Here is an example from a recent matchup between the Lightning and Bruins.

• TB Lightning +0.0 +115
• BOS Bruins +0.0 -135

This hockey bet can be divided into three sections. On the left side we have the name of each team. In the middle is where the point spread would go if this first period bet also incorporated a point spread. This hardly ever happens so you will just see +0.0 if the hockey betting website even shows it at all. On the right side is where the payout odds are displayed.

In this particular bet, the Lightning is considered the underdog to be ahead at the end of the first period. The +115 next to them means that you will be paid $1.15 for every $1.00 you wager on them at sportsbooks. In this case, a $100 bet would result in a $115 profit if successful.

The Bruins are favored at the hockey betting site to be winning at the end of the first period so their odds aren’t as attractive. The -135 means that you will have to wager $1.35 for every $1.00 in potential winnings. In this case, a $135 bet would result in a $100 profit if successful.

Hockey betting websites come up with these odds based on their own research and their anticipated betting action. The goal of each sports betting site is to get action on both sides of the bet. In order to achieve that, they give the underdogs more attractive betting odds and they give the favorites less attractive odds.

Your goal should be to find bets that offer the best value. The underdog can be a profitable bet if you think the odds are too generous. By the same token, the favorite can also be profitable if you think the hockey betting odds are paying out more than they should. If you do your own research and know your hockey teams well, it is possible to make a profit with first period hockey bets.

Anything can happen in the first period of a hockey team, so don’t ever consider yourself a lock. Bad teams can get off to a fast start and good teams can get off to a slow start. It happens all the time in hockey. But if you maintain your discipline, do your homework and practice online betting bankroll management, you’ll do just fine over the long run.

A hockey fan who wants to start betting on the game should be familiar with the different ways to bet in the National Hockey League. In the US, NHL is only 4th when it comes to being the most popular sports and there are significantly lower betting limits in the National Hockey League compared to football or basketball. The general public may seem nonchalant to NHL and sportsbooks spend little time in creating NHL odds, but as a hockey fan, betting in NHL games is still a great form of entertainment.

As in any betting event, you should first have a solid understanding at how the process works. When it comes to the NHL, a bettor should be more than familiar with the money line, totals and the puck line.

The Money Line

Betmakers have various NHL betting offers. This betting method referred to as the Money Line, allows bettors to choose which team they think will win the game. Odds are set for each team and the favorite will pay out less than the underdog – which is the case in almost all sports betting.

Usually, sportsbooks use a 20-cent line that refers to the difference in the odds on the favorite versus the odds on the underdog. There are instances when the odds on a favorite will go over 20 cents.

Here is an example of NHL Odds:

Calgary +110

Best Way To Get Hockey Tickets

Vancouver -130

The example shows that if Calgary wins and you bet $100, you will win $110. If Vancouver wins, you need to bet $130 to win $100. It is typical in all sports that there will be larger difference in odds.

The Puck Line

Betting on the winner of the game is the most popular way to bet on the NHL. But there is another way to bet on hockey and it is called the Puck Line. You will see similarities with this

betting method to baseball betting. It’s because in both sports, bettors can lay 1.5 goals with either the favorite or the underdog.

Let’s use the first set of examples above in explaining the puck line.

It would look like this:

Calgary +1.5 (-240)

Vancouver -1.5 (+200)

To explain the example further, let’s say you bet $240 on Calgary and they win – you get $100. If you bet $100 on Vancouver and the team wins, you win $200.

However, when we say ‘win’ it means winning under these conditions: if you bet on Calgary, you win the bet if the team wins the game or loses by one goal. Those who bet on Vancouver will win their wagers only when the team wins by two goals or more.

Over/Under and Totals

If you want to bet on the total number of goals scored in the hockey game, it’s called Totals. Take note, scores in hockey games are much lower than in football or baseball.

Totals can take on several different forms. Here’s what they often look like –

Detroit vs. Toronto over 5.5 (-110)

Detroit vs. Toronto under 5.5 (-110)

Referred to as “5.5-flat” it means -110 on both the over and the under. Here, bettors wage $110 to win $100 regardless if they bet the over or the under.

OR:

Detroit vs. Toronto over 5.5 (-135)

Detroit vs. Toronto under 5.5 (+115)

Referred to as “5.5-Over,” bettors who wish to wager on the over will have to risk $135 to win $100, while under bettors will risk $100 to win $115.

In over/under betting bettors bet over or under based on the set number of the total scored in the game. Betting over or under is used in a lot of sports. There are times the total is an even number like 6. There are also some instances where the total score of the game adds up to 6. If this happens, all bets would be cancelled and refunded.

The Grand Salami

Hockey fans can also bet in every game being played. In this method of betting, you can place wagers over/under the total number of goals scored in all of the hockey games played in a specific date.

Best Way To Bet On Hockey Team

It’s called ‘grand salami’ because you basically bet on all the games that will happen on a certain day. Should there be 10 games in a certain date, the Grand Salami total usually is around 53 to 60.

Prop Betting for NHL Hockey

Prop betting on the NHL is a method of betting that can include anything except for the final score of any game. When we say ‘anything’ we mean you can bet on a player’s performance, scores during the period, which team scores first and so on. You can even place bets on who you think will win the Stanley Cup.

Best Way To Bet On Hockey Teams

Prop betting is actually popular during the NHL Playoffs.

In a Nutshell

If you want to start betting on the National Hockey League online, you should consider opening accounts with various sportsbooks. There are plenty of choices online and most offer various new member promos and deals. Take advantage of them and have fun betting on your favorite sports and events.