How To Bet On The NHL

Thanks to a Stanley Cup final that featured two major market franchises from New York and Los Angeles, popularity in the NHL has spiked. There’s been a significant growth in NHL betting as well but if you’re just lacing up your skates for the first time, let us take you through a tour of how to bet on hockey.

 

Betting Moneylines

Moneyline betting is when you wager on the result of a game; simple as that. There are no hidden catches to it. The odds are set by the sportsbook and the team that wins cashes on the betting line. Let’s have a look at an example: take a matchup between the Chicago Blackhawks and Los Angeles Kings. You might see the Blackhawks at -135 and the Kings at +120. What that means is you have to wager $135 on Chicago to win $100 on them and you would win $120 on a $100 bet on the underdogs from Los Angeles. The favorite is denoted by the ‘+’ sign and the underdog is denoted by the ‘-’ sign.

This is the most popular form of wagering in the NHL since. That’s pretty much the same case in baseball and soccer as well as moneylines are the main option. In basketball and football, point spread is the preferred method by bettors.

Totals

When it comes to betting on totals in the NHL, all you are doing is betting on the total number of goals that will be scored by both sides. Your sportsbook will set and over/under and you bet on whether you think the combined tally will be above or below that total.

For example, let’s use Chicago and Los Angeles again. You could see a total in your sportsbook of 5.5. All you have to do is bet on if you think the final amount of goals in the Chicago-Los Angeles matchup will end up being over or under the posted total. So if the final scored is 4-2 or 7-2, it’s an over. If the final scored is 1-0 or 3-2, it’s an under.

This means you have to do a little research into the teams, like who their goaltender is, how they defend, what’s their style of play and determine what type of result you’ll expect: high scoring or low scoring.

Futures

Then we come to the futures betting, which is exactly how it sounds. You are betting on a long-term option, such as who you think will win a division, who you think will win a conference or even the Stanley Cup. In terms of players, you could bet on who will be the MVP of the NHL or which goalie will win the Vezina Trophy as the best keeper in the league. These odds are typically listed in fraction form such as 10/1, 15/1 or 28/1. That means you’ll win 10, 15 or 28 times to one if you’re pick is correct.

Futures can be found in your sportsbook throughout the season and even in the offseason. That means you have to keep up to date on what is going on in the NHL.