All About NHL Sports Betting
Whether you are a professional bettor or a beginner, gaining insights into the ins and outs of Hockey can help you succeed in NHL Betting. It is one of the strategic and fast-paced sports, where odds change dynamically, making NHL betting more fun and thrilling for bettors.
Understand the basics of NHL sports betting, including the strategies, common NHL betting types, a reliable NHL betting software provider and the process to bet on hockey. Let’s dive in!
Understand the basics of NHL sports betting, including the strategies, common NHL betting types, a reliable NHL betting software provider and the process to bet on hockey. Let’s dive in!
NHL Betting Explained
NHL Sports Betting is the process of wagering on the outcome of the events of the NHL, or National Hockey League. Bettors place bets on various outcomes in hockey, such as which team will win the match, how many goals will be scored, as well as on other stats of the game, considering the NHL betting lines displayed by the sportsbook.
Delve into the basic rules of the NHL for a broader understanding:
Delve into the basic rules of the NHL for a broader understanding:
- The game must be continued for at least 55 minutes for a moneyline or puck line bet to be valid.
- For Over/Under bets, the game is required to be completed, inclusive of overtime as well as shootouts.
- A shootout is the state where each team selects three players to take one-on-one shots against the opposing goalie.
- In a shootout, one goal is included in the winning team’s score for betting.
- If a game ends or is postponed before 55 minutes, bets become void unless decided.
Demystifying NHL Odds Line Movement
- Hockey betting odds represent the probabilities and payouts offered for different betting markets, which may change as the game progresses.
- The movement of NHL odds begins when sportsbooks release the opening betting line, which continues to shift based on how the public places their bets.
- If a large number of bets are placed on one side, sportsbooks adjust the odds to maintain balance and encourage wagers on the other side.
- Line movements can be caused by factors such as player injuries, weather conditions, or unexpected stoppages in the game.
- Odds are usually displayed as three-digit numbers, preceded by a “+” or “-” sign, indicating the underdog or the favourite.
- In moneyline betting, the “-” sign represents the favourite, while the “+” sign represents the underdog.
Explore Blogs From Other Categories
Types of NHL Betting
Below are the different types of NHL Betting:
Moneyline
- One of the simplest forms of betting is the moneyline bet, where the bet is placed on who will win the match.
- There is no option of ties in the game in the NHL; it is straight up two options. Team A wins the match, or Team B wins the match.
- The bet is settled simply with no pushes, unaffected by overtime or a shootout.
Puckline(Spread)
- NHL Spread betting is similar to the point spread in other sports; however, inclined towards NHL-specific betting markets.
- In puckline, a favourite is given -1.5 puck line, which means they need to win by at least two points to cover the spread.
- The underdog is given +1.5 puckline, which means they need to win or lose by no more than one goal to cover.
- The Puck lines keep shifting from one game to another, depending on how much favour is provided to one team as compared to the other.
Over/Under(Totals)
- NHL Over/Under betting or NHL Totals markets is referred to as the bet placed on the total goals scored by both the participating teams, over or under the total number of goals.
- Most NHL betting lines set by sportsbooks range anywhere from over/under 5.5 goals right up to over under 6.5 goals.
- The game might fall out of these parameters sometimes, as the predicted games or expected goals might vary from game to game.
- Bettors place each bet on one of the outcomes, and place the bet depending on the vig or juice applied or added by the sportsbook.
Prop Bet
- A prop bet allows bettors to wager on specific game aspects of hockey, such as the number of goals scored, number of shots, shootouts, or whether the team will score first, irrespective of the final score of the match.
- There are player prop bets as well as team prop bets under the prop bets, which place bets specifically on the outcome of the team or the player.
Futures Bet
- NHL futures bet is betting on long-term tournaments or season outcomes, such as the Stanley Cup Championship, where the outcome of the bet is revealed after the season ends.
- Bettors can place bets on several outcomes such as the MVP of the league, who will win the Stanley Cup, a division or more, based on displayed hockey betting odds.
- The bet is placed before the season begins, until the end of the season.
Live Bet
- As the name implies, Live bet is the process of betting on events in real-time, allowing them to take action as per the flow of the game.
- NHL games are fast-paced games, and they demand quick responses on events such since the game’s momentum can shift instantly.
- Live betting allows all betting markets such as moneyline, prop, spreads, over/under and totals too.
How to bet on Hockey?
Find the guide to placing bets on the NHL in this section, and learn how to bet on NHL games:
Research on the available hockey leagues and past records
- Research and gather knowledge of the game after finding the best NHL matchups available.
- Gain insight on who is performing, after which you can research more on their previous playing behaviours and other things such as injuries, trends, line movements and more.
Discover the best NHL Odds
- Research the best NHL odds online, where you will find a reliable sportsbook displaying the NHL odds.
- Gather knowledge of the sportsbook by exploring more about it, considering the reputation and ratings, to make a selection of the best one.
Sign up on the Chosen Sportsbook
- Sign up to your selected NHL betting solutions sportsbook to start the registration process and claim the sign-up bonuses, if any.
- Fill in details such as your name, email, and contact information
- Upon registering, log in and add funds to your accounts to place a bet.
Place your Bet
- Review the betting lines displayed by the sportsbook, and place your bet after thorough research and strategic planning, as hockey is more of a game of strategy than just a guess.
- Click on the bet you want to make, and confirm that the details of the bet are correct in the bet slip.
- Once confirmed, place your bet successfully and then wait for the outcome.
Gammastack: Premier NHL Betting Software Solution
Gammastack is one of the well-known sports betting software solutions, recognized for its comprehensive industry expertise, backed by 14 years of experience. With our NHL betting software, you can provide a user-friendly and fully compliant hockey betting sportsbook to users for an elevated betting experience. Get your sportsbook built quickly with our pre-ready solutions or customize from scratch using our bespoke betting software solution.
Want to unlock more details on NHL Betting?
Frequently Asked Questions(FAQs)
Yes, it does, unless specified, overtime is included in the NHL betting solutions with moneyline bet, puckline bet, over/under bet.
Online NHL Betting is a quick and straightforward process to place bets online, where bettors can bet on a wide range of markets and competitive odds are displayed by the sportsbook.
The best time to place a bet on NHL games is quickly after the opening lines are posted, usually before or in the early hours of the game in the morning. With thorough research, placing bets early can help bettors lock in favorable odds and increase your chances of winning.
