How to Bet on Hockey

The National Hockey League might rank a distant 4th in the 4 main sports in the US, however, that has not prevented sportsbooks casino from posting lines on the NHL. Bettors who are willing to make attempt at handicapping the National Hockey League are usually awarded by the public’s nonchalance to the sport, as oddsmakers do not spend the same time making NHL odds as they do a more common sport, like football or basketball.

Hockey gamblers often look for lower betting limits on NHL games than they do in the NFL or NBA, something that is normally seen as an acknowledgment by the sportsbooks that they are less willing to accept bets on the NHL than they are in the other 2 sports.

How to Bet on Hockey

How to Bet on Hockey

Betting the National Hockey League

More: Tips online betting brokers

Before a bettor can begin to bet the NHL, it is important they have a basic understanding of the money line.

If the money line is a new term for you, keep reading.

The money line is the most popular way of wagering the NHL, even though there is also a puck line, which we will mention later, and the totals. A lot of sportsbooks casino also have the “Grand Salami,” the combined total of all the games played on a specific day, and we will discuss later on, too.

Almost every sportsbook uses a 20-cent line on the National Hockey League. The 20-cents is the gap between the odds on the favorite and the odds on the underdog. But as with other sports, like baseball, the odds on a very huge favorite will usually be bigger than the 20 cents.

The odds on a typical National Hockey League game can be similar to this:

Calgary +110

Vancouver -130

This means Vancouver bettors are required to risk $130 to gain $100, whereas Calgary bettors risk $100 to gain $110.

But the odds on a game with a bigger favorite are likely like this:

Toronto +250

Detroit -300

The considerable difference in odds is typical in all sports, not just hockey, so it is not as if hockey bettors are singled out.

The Puck Line

Whereas betting on the winners of the game, as mentioned above, is the most common style of betting the NHL, there is also the puck line, which baseball bettors will see it is similar to the run line. With the puck line, bettors can either set 1.5 goals with the favorite or take 1.5 goals with the underdog.

Using the 2 games above, the puck lines odds are

Calgary +1.5 (-240)

Vancouver -1.5 (+200)

Toronto +1.5 (-110)

Detroit -1.5 (-110)

Calgary bettors will win their bets if Calgary wins the game or losses by 1  goal, whereas Vancouver bettors can only win their bets if the Canucks win by 2 goals or more. But Calgary bettors are now required to risk $240 to $100 and Vancouver bettors risk $100 to get $200.

Similarly, Toronto bettors will win their wagers if the Maple Leafs win or lose by 1 goal and Detroit bettors will only win their wagers if the Red Wings win by 2 or more goals.

Totals

 Bettors get the choice to bet on the total number of goals scored in a game. The sportsbooks post a number, usually between 5 and 6.5 and bettors can bet the number of goals scored in the game will be bigger (over) than the posted number or smaller (under) than the posted number.

There is the main difference in betting hockey totals and betting basketball and football totals. Since scoring in hockey is so much smaller than in football or basketball, the bookmakers hesitate to change the number of a total and often change the odds instead.

For instance: If the over/under number on the Red Wings and Penguins is 6 and a bettor makes a $500 bet on the over, the bookmaker is unlikely to increase the total to 6.5. Rather than, he will make bettors who would like to bet over 6 risk $120 to win $100, which is shown as -120. Those who wish to bet the under can bet at even money or +100, as totals almost always use a 20-cent line.

If people keep betting the over, the bookmaker will keep adjusting the odds upward and finally bettors might risk $145 to gain $100, or -145. In this example, an under bettor risks $100 to gain $125. The bookmaker will often increase the odds up to -145 prior to raising the total to the next number, which in this case can be 6.5.

So totals can take on some forms, but will look like one of the two following examples:

Detroit vs. Toronto over 5.5 (-110)

Detroit vs. Toronto under 5.5 (-110)

Detroit vs. Toronto over 5.5 (-135)

Detroit vs. Toronto under 5.5 (+115)

In the first case, bettors are required to bet $110 to gain $100 regardless if they bet the over or the under. This is often referred to as “5.5-flat,” means it is -110 on both the over and the under.

In the second case, bettors who want to bet on the over risks $135 to get $100, whereas under bettors risks $100 to gain $115. This is often referred to as “5.5-Over.

Grand Salami

The Grand Salami is known as an institution for hockey bettors. The Grand Salami lets hockey fans have a rooting interest in each game played on a specific day for the cost of one bet.

How the Grand Salami works is the sportsbooks will let bettors bet over or under the total number of goals scored in all of the games played on a certain day. If there are ten games on a given day, the Grand Salami total are around 53 to 60, depend on the specific games. Just as with regular totals, there will be times when bettors risk to give higher odds on betting the over or the under.

Now you are ready to make a bet on the coolest game on ice.

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