The National Hockey League (NHL) remains the most well-recognized and respected premier ice hockey professional league, anywhere in the world, with as many as 31 different teams across Canada and the United States.
The viewership that it gets as well as the sponsorship which it is able to garner is practically second to none.
Under such circumstances, it is easy to understand why gambling around NHL has taken on such critical hues.
Betting on NHL
With increasing popularity of NHL as a whole, betting platforms for it have also gone up tremendously. This in turn creates a dilemma for bettors – how does one choose the best betting platform?
Well, we are here to help, shortlisting some of the best sportsbooks for NHL betting out there. We have considered a number of different criteria for our choice, whereby we are very confident about the quality of our list.
Top NHL Betting Sites
Among these different criteria, the welcome bonus that is offered to new bettors on the platform takes on center stage priority. After all, welcome bonus today has become the most important factor for most bettors to zero in on a particular platform over others.
This welcome bonus varies in quantity across sportsbooks but today you can typically expect anywhere between 50% (half) to 100% (your entire deposit) being offered as a welcome bonus. This is indeed quite a big deal since you get that much more “ammo” if you will to wager on, from the get go!
Betting Options for placing NHL Bets
With money duly added onto your sportsbook account – with an additional welcome bonus in tow, you are raring to go ahead and place your bets.
Before you do so, you must know the various kinds of NHL bets that are commonly placed.
Puck Line NHL Bets
It’s a fairly simplistic bet where run lines are set and the team you are backing has to win by more than or lose by less than the threshold that has been set, for you to win.
You might recall the handicap bets in football or the run line bets in baseball; in case you are wondering, these bets are indeed very similar.
Live NHL Bets
As the name suggests, you place your bets LIVE while the match is going on. No doubt, these bets have a huge thrill factor of their own. Simply head to the ‘Live Betting’ section of the playbook you are wagering on.
Moneyline NHL Bets
These are as simple as betting on the team you reckon is likely to win the game. Favorites offer lower returns while oddball teams with lower probability of winning offer spectacular winnings should they win – and you bet on that happening.
Prop NHL Bets
Typically, these do not involve any major skills. An example could be the total number of goals that are scored. It is almost entirely a matter of chance, and hence, they are referred to as “prop” bets.
Of course, there are also the total or over/under bets which you must be aware of already.
The NHL offers one of the best platforms for bettors to bet with both skill and luck. Strategy certainly plays an important role in your quest for winning NHL bets. There’s no fixed NHL betting strategy we can suggest since there really isn’t one. Instead, we always recommend deploying your own unique strategy and see how it works out for you; in the long run that is very likely to prove to be your best “bet”!
Ice hockey is action-packed, fast-paced and attractive to many sports betters. The sport is always electric, putting you right on the edge of your seat. Players whizzing up and down the ice rink, hockey put travelling 170 km/h, fights breaking out amongst players. It’s hard to turn your attention away! The packed fixture schedule of the NHL gives plenty of options to bet on and will keep you entertained throughout the season. We have analysed various aspects of the sport including the type of bets, bonuses and markets. See below for our top tips and where to start if you’re looking where to place a bet.
National Hockey League (NHL)
The NHL is the professional ice hockey league in North America and considered globally as the elite. The league consists of 31 teams with 24 being from the United States and 7 from Canada.
Ice hockey originally started out in Canada, Montreal, with the first organized ice hockey game played back in 1875. During the 1920s the NHL saw a rapid expansion plan adding the likes of Montreal Maroons and Boston Bruins. This period saw the United States becoming a part of the NHL in 1924.
Since then the game of hockey has grown to feature more American teams, attract global stars and help with their winter Olympic men’s and female program.
Ice hockey now makes up the ‘four major sports’ in the US, along with American football, baseball and basketball. The regular NHL season saw a total average audience of 313,000 viewers per match. The 2019 Stanley Cup Final drew in 5.4 million viewers, with it peaking at 6.7 million viewers in the final quarter-hour of the game. It marks the game as the most-watched Sunday afternoon sporting event on NBC, increasing the viewership since last year.
With the love of the sport growing not just in the states where you usually see snowfall, the sport has also grown amongst the sunbelt states with many having their own teams and enjoying the sport online. With the history of hockey wrapped up now, why don’t we jump into the betting lines and what to look out for? More of the fun stuff!
What to bet on in NHL
Moneyline – Wagering on the Moneyline is simply betting on who you think will win the game (Team A or Team B).
Typically the favourites have lower odds against them winning compared to betting on an underdog which can provide significantly higher winnings if they pull it off.
Puck Line – A hockey puck line is similar to a goal spread bet in other sports. Bets are based on a +/- 1.5 goal spread, with the underdog having an advantage of +1.5 goals while the favourite as at a disadvantage of -1.5 goals. This is typical as some of the games come down to the wire and are not always high scoring.
Totals – This is the combined number of goals scored by both teams, including any overtime. You place a bet on whether the total goals will be over or under the number set by the sportsbook.
For example, if the O/U for Pittsburgh Penguins and New York Rangers is 5.5, you’ll need at least 6 goals scored to win the over and a max of 5 goals scored between the pair to win the under.
In certain situations such as a shootout, the winning team is awarded one goal, which is considered for the game-winner and counts towards the game goal totals.
60 Minute Line – The 60-minute line is similar to the Moneyline bet, but only includes the result at the end of 3 periods. Turning the bet into a Three-way bet with the option of a tie. With the addition of a tie bet, it gives the better odds on either team but also runs the risk of the game going to overtime.
Parlays – A parlay bet is placing a bet on multiple outcomes to happen and requires all those outcomes to be correct to win. Parlays are much risker but offer high payouts because of the multiple bets all being correct.
For example, if you parlay $100 on Chicago BlackHawks and Colorado Avalanche, you’ll need both teams to win their games for you to win the parlay bet. If one loses, then you’ve lost the bet.
Grand Salami – Although it might sound mouth watering, we’re not talking about a particular sandwich you make while watching hockey. A ‘Grand Salami’ bet is essentially a Totals bet, whether the total number of goals scored across all the games on a particular day will be O/U the sportsbook predicated score. This is a popular bet amongst hockey fans, as it lets you have a slice of the action across all the games on a particular day.
For example, if there are 5 games on a given day, the posted Grand Salami total is 30. With total goals scored across the teams is 32 for example, the “over” on the Grand Salami line would payout. Anything below 30 of the total combination of goals scored, the “under” on the Grand Salami line would payout.
Futures – As the name suggests, this type of bet is based on possible outcomes in the future. A futures bet is usually made on the current or upcoming season. It can be on a particular team winning the conference or who will lift the Stanley Cup! As the season unfolds the odds of the particular events will be continually adjusted. So make your bets early for the best chance of a high payout.
Prop bets – Known as game props, is based on specific outcomes or events in a game. Prop bets are additional bets that can be related to scorelines, player performance, first goal scorer or highest-scoring period.
Prop bets are considered to be fun bets, giving you the option to bet on just about anything in the game.
NHL All Star Game
During the regular NHL season, the best players from each division come together to make up the four All-Star teams. With the all-new 3-on-3 format, each team captain is chosen through a fan ballot. The game is an exhibition of the best ice hockey players all competing in a single-elimination competition for a money prize.
Most sportsbooks will offer to bet on the competition with typical wagers such as Moneyline, Puck Line, Goal Total and Prop Bets. Make sure to not miss out on the thrilling competition and place bets on some of your favourite players or the winning team.