Vegas Golden Knights & Nashville Predators NHL Pick 2/7/23

A Western Conference showdown is set for Tuesday night when the Vegas Golden Knights (62 points) visit the Nashville Predators (54 points). Vegas is third in the Pacific division but are just one point out of first and two points […]

Colorado Avalanche vs Pittsburgh Penguins NHL Prediction 2/7/23

A West vs East battle is set for Tuesday night when the Colorado Avalanche (57 points) visit the Pittsburgh Penguins (57 points). The Avs are fourth in the Central but do occupy a Wild Card spot and are just one […]

Vancouver Canucks vs New Jersey Devils NHL Prediction 2/6/23

After a break for the All-Star Game, the NHL betting slate returns with a six game schedule on Monday. Including the first game for the Vancouver Canucks without now former captain Bo Horvat when they travel to take on the […]

New York Islanders vs Philadelphia Flyers NHL Prediction 2/6/23

A Metropolitan division rivalry is set for Monday night when the New York Islanders (55 points) visit the Philadelphia Flyers (51 points). Both teams are sitting in no man’s land as they are well out of the playoff race and […]

Tampa Bay Lightning vs Florida Panthers NHL Betting Pick 2/6/23

An all-Florida battle is set for Monday night when the Tampa Bay Lightning (65 points) visit the Florida Panthers (54 points). Tampa Bay is comfortably in third place in the Atlantic division, while Florida is fifth and will be hoping […]

Boston Bruins vs Toronto Maple Leafs NHL Prediction 2/1/23

An Atlantic division battle is set for Wednesday night when the Boston Bruins (81 points) visit the Toronto Maple Leafs (70 points). Boston has the most points in the NHL and are on a historic pace. Toronto is second in […]

Stanley Cup

BOS
+480
CAR
+700
COL
+700
TOR
+1000
TB
+1200

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Eastern Conference

BOS
+225
CAR
+350
TOR
+550
NJ
+700
TB
+700

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Western Conference

COL
+280
DAL
+600
EDM
+650
CGY
+700
MIN
+800

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Atlantic Division

BOS
-10000
TOR
+1500
TB
+1800
BUF
+20000
FLA
+20000
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Metro Division

CAR
-450
NJ
+380
NYR
+1600
PIT
+5000
WAS
+25000
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Central Division

DAL
-160
COL
+350
WPG
+500
MIN
+750
NAS
+4000
>> See More

Pacific Division

SEA
+175
EDM
+200
VEG
+350
CGY
+750
LA
+750
>> See More

NHL Betting

Hockey betting is more of a niche market than the other major sports, but that just means that there are a lot of opportunities to bet into softer lines. The concept in and of itself seems “easy” because the most popular way of betting is to just pick the winner. There are a lot of different bet types and strategies when it comes to wagering on the NHL, but the simplification of betting a sport without a spread resonates well with bettors of all bankroll sizes and skill levels.

The beauty of betting on hockey is that you can make it as simple or as complex as you want. There are alternative puck lines and no overtime “regulation” bets. You can bet totals and alternate totals and props. The opportunities are plentiful and the fact that the NHL is generally overshadowed by the NBA, college basketball, NFL, and college football means that you can usually find some good value bets in a sport that just falls through the cracks a little more often than it should.

The odds movement in hockey is driven by sharp, respected bettors, so paying attention to the market is a very good strategy. There isn’t a ton of public money in that market, relative to most markets, so the moves are well-defined and a good way to learn about the teams that are popular.

Once you know the bet types, you can look more into the intricacies of betting on hockey.

NHL Money Line Betting

The standard betting option in hockey leagues like the NHL and the European leagues is the money line. All you have to do is pick the winner. While that is easier said than done, it is a more straightforward wager type than spread betting like you do in football and basketball.

The money lines are going to have favorites and underdogs and the odds will be a way of accounting for the gaps between the two teams. In football and basketball, a point spread handicap will be placed on the game to add and subtract points from a team’s final score. In hockey betting, the money line is suggestive of the differences between the teams.

For example, an underdog might be +120 and a favorite might be -130. In some instances, a favorite might be -200 and the underdog might be +180. Favorites are represented by a minus sign (-) in front of the odds. Underdogs are represented by a plus (+) sign in front of the odds.

In those instances, to account for the vigorish or “vig” or “juice”, you’ll have to bet more to win less on the favorite or bet less to win more on the underdog. To make the math simple, we’ll use increments of $100. If you bet a -130 favorite, you’d bet $130 to win $100. If you bet a -200 favorite, you’d bet $200 to win $100.

With underdog wagering, you would bet $100 to win $120 on a +120 or $100 to win $180 on a +180 price.

NHL Puck Line Betting

The puck line is a lot like the run line in baseball. The favorite will have a -1.5 puck line with vig and the underdog will have a +1.5 puck line with vig. Because it is easier to win the game than it is to win the game by two or more goals, puck lines have longer odds. For example, a -130 money line favorite might have a +190 puck line. That -1.5 line means that team needs to win by two or more goals. Basically, if you subtracted 1.5 goals from their total, would they still win?

On the flip side, a +120 underdog will have a +1.5 puck line that could be at something like -230. There are a lot of one-goal games in the NHL and the vig reflects that. If a +1.5 loses by one goal or wins the game, that +1.5 bet is a winner.

Puck lines carry a higher degree of risk on favorites, but a higher reward. Puck lines on underdogs carry a lower degree of risk and a lower reward and a higher price to pay.

NHL Totals

Another very popular bet type in hockey is totals betting. This is also known as over/under betting. This is a bet based on the total number of combined goals scored by the two teams. These lines are generally going to be 5.5, 6, or 6.5. In rare instances, you will see some totals of 5 or 7 depending on the offensive skills of the two teams involved.

Like all bet types, there is vig attached to the over and the under. The standard vig on totals betting is -110 on the over and on the under. Based on betting action, the over might be -115 and the under might be -105. The over could be -120 and the under could be +100, or even money.

This is a measure of the combined goals scored in a game, so a game that ends 4-3 with a total of 6.5 would be an over. A game that ends 4-2 with a total of 6.5 would be an under.

NHL Periods & Derivative Betting

Most sports have 1st half or 1st quarter betting, but there are no halves or quarters in the NHL. Instead, hockey is split into periods and you can bet period money lines and totals. The favorite for the full game is also going to be the favorite for the 1st period. The total for the 1st period will be relative to the full-game total.

Usually most first periods are going to be lined at 1.5 or 2 goals on the over/under. You can also bet period money lines, which are typically going to be +0.5 or -0.5.

Live Betting

Like all of the other sports, live betting has become very popular in the NHL. You can place your bets while the game is being played and this could provide serious advantages for those that are paying close attention. You might be able to make a live bet before a power play starts or you could take a team that is dominating play but has not yet scored a goal.

Live betting options include money lines, totals, puck lines, and different props, like next goal, time of the next goal, or next power play chance. Live betting is designed to encourage a lot of action for the sportsbooks, but it can also be extremely profitable for astute observers.

NHL Props

There are a ton of prop betting options for the NHL as well. You can bet whether or not a player will score a goal. You can bet on the number of shots on goal or assists or saves for the goaltenders. If a line can be made on it, you can probably find it somewhere.

NHL betting continues to grow in popularity and more and more sportsbooks will find creative ways to encourage their players to bet.