Hockey betting in the United States is far from the most popular sport in the land, but ever since the gambling capital of the country – Las Vegas – got a team in, the Golden Knights, in 2017, interest in hockey betting markets has picked up. Betting on hockey is similar in concept to that of baseball lines, as hockey is predominantly a moneyline based sport with standardized point spread prices of -1.5 goals – like baseball is with -1.5 runs.
Hockey is the fourth-most popular sport by betting handle. At the SuperBook, the average MLB game draws five times as much betting handle as the average NHL game.
Betting on Hockey . Before a person can start to bet the NHL, it's important they have a solid understanding of the money line. The money line is the most common method of betting the NHL, although there is also a puck line, which will be discussed a bit later, as well as totals.
NHL moneyline. Unlike football and some other sports, hockey betting revolves around the moneyline. In a moneyline wager, a bettor simply selects the winning team with payouts being less depending on the odds. In hockey, bettors only have to pick the winning team no matter the margin of victory.
The most popular way to bet on your favorite hockey team is moneyline betting and it replaces a point spread because the scores are so low. Your team has to win the game, not win by a certain number of goals. In NHL odds, negative and positive values are attached to favorites (-180) and underdogs (+160).
One way to bet on NHL games is to pick who you think will win the game. That’s where the numbers that indicate the favorite and the underdog come into play. In a Money Line bet, or a bet where you simply pick the winner, the number indicating the favorite also tells you how much you would have to wager to win $100.
Betting on Hockey. One area of the sports world that will obviously benefit from this decision is hockey – and the NHL in particular. The new season started October 12 th and hockey fans will now be able to bet on single events, including the Stanley Cup finals.
Sports betting has really taken off in North America in recent years, with many states in the US amending laws to allow online gambling. Canada also recently changed its law as well and hockey fans, in particular, are going to notice a big difference when it comes to sports betting in Canada.