Beginners Guide to NHL Betting
Is a Beginners Guide to NHL Betting something you could benefit from?The NHL season is speedy, packed with adrenaline and progresses over the course of sevenmonths. In this time, 32 teams play 82 games each resulting in a total of 1,271 games. NHLseason brings in a lot of excitment for fans and also provides a lot of opportunities for you to betand win money.However, while this game is one of the most profitable and exciting American sports league, it isalso extremely unpredictable and difficult for new bettors to follow.If you are someone who has had a hard time making profits from NHL betting or evenunderstanding how it works, our guide simplifies this process by gradually easing you into theworld of hockey betting and everything else it entails.In this Beginners Guide to NHL Betting, we discuss everything you need to know aboutwagering on the NHL season, like types of NHL bets, how odds work and betting tips and tricks. What is the NHL?The National Hockey League (NHL) is one of the major 4 professional sports leagues in theUnited States and Canada. It comprises 25 teams in the United States and 7 in Canada. How Do NHL Betting Odds Work?In NHL betting there are three types of odds you need understand – Moneyline, Even, and Futureodds.Moneyline OddsMoneyline odds typically range from -250 to +250, but could be extended in any of thesedirections in lopsided matches.A -250 moneyline, represents a slightly heavy favourite and borders on a chalky play. Here, a10-dollar bet will return just a 4-dollar payout.On the other hand, a 10-dollar bet on +250 moneyline for an underdog will bring you a profit of25 dollars if they pull of an upset.Even-Money Odds Even-money in NHL betting, are odds of +100, here a 10-dollar bet brings a profit of 10-dollars.You would find this line on puck lines or totals. In Even-money, the lower the odds, the higherthe probability of an event ocurring and the smaller the payouts.Future OddsFuture odds are most profitable before the beginning of the start of an NHL season. However, theodds can increase for a preseason favourite if it has a slow start. In future odds, it is important tonote the preseason odds and frequently track them throughout the season.Bets from odds are paid out after a game ends. With your profits, you can place new bets orwithdraw from a sportsbook. Types of NHL BetsThere are different types of NHL Bets, to know if you want to win betting on this game. Wehave listed out and explained these types of NHL bets below. Moneyline BettingNHL Moneyline bet is the most popular and simplest betting mehtod in NHL betting, because allyou need to do is interpret the odds and bet on the team that you think will win a game.The odds in moneyline usually has a plus (+) sign accompanying the underdogs (+130) orweaker team and a minus (-) for the favourites or stronger team (-110).A +130 odds means that if you bet $100 on the underdog and they win, you will get $130 and –110 odds means that a $110 bet will give you $100 if the favourites win they game. Puck Line BettingPuck Line Betting or goal spread is a bet on how many goals the favourites needs to win by orunderdogs must lose by. The odds for this type of bet are based on a 1.5 goal spread.A – 1.5 goals spread line, means that the favourites must win by two or more goals for you to getyour payout or the underdogs should lose by one goal or win the game to cover a line of +1.5and you get your profit. Totals BetAlso known as an Over/Under betting, a totals bet is a wager on whether the combined goalsscored by both teams, will be under or over an estimated number given by an oddsmaker. If the over/under of an NHL games is above 5.5, it means that your preferred team will need toscore more than 5.5 goals win an over or less than 5.5 goals to win an under. Grand SalamiA Grand Salami hockey bet is just like the totals bet, except here you are wagering on the totalnumber of all the goals scored in all the games played on a particular match day. So, if it was a6-game day, your Grand Salami could be 30-40. Props BettingProposition (props) betting are wagers placed on outcomes or performances. There are two typesof props betting – Game props and Player props.Game props are bets made on specific events that willing happen within a game, like how manygoals a team will finish with in a match. Player props are based on player perfomance like howmany assists or goals a player scored. Parlay BettingFor Parlays Betting, you can place multiple bets on the same game or different games for achance of getting a higher payout.This type of bet although it increases the total odds and has more profit, the risks are higherbecause all the predictions for all the games must be correct for you to win. Single-Game BettingIn Single Game Betting, individual games are split into a Moneyline, Against the Spread orOver/Under bets, where you can back one of the two sides of a line. Alternate LinesAlternate Lines in NHL betting, requires you to observe all the available options on the alternatelines, as they can offer a greater profit margin or a higher probability of winning a bet. Futures Betting Futures Betting means that you are placing a bet either in the offseason or within the NHLseason for an event you predict to occur in the future or at the end of the season.This can be which team will win the coveted Stanley Cup, their division or conference, or win acertain number of games. Futures betting also covers plater awards like the Hart Trophy for theseasons MVP or Vezina Trophy for top goaltender.Futures odds are at their highest at the beginning of the season and are adjusted through out theyear based on team or player performances. Live / In-Play BettingIn