Even though hockey is ranked at the 4th major sport in the US it is still a very popular sport to bet on. Bettors who are willing to put in the time and effort are often handsomely rewarded. In hockey there are often lower betting limits compared to other sports like football or basketball. This is because odds makers don’t spend as much time creating odd for the NHL or National Hockey League. With the betting odd being lower the only complaint is that sometimes sportsbooks are less comfortable taking bets for the NHL than other sports.
Betting the NHL
A potential bettor first needs to understand the money line before starting to bet the NHL. It is perhaps the most common betting method in the NHL. The money line has two different teams you can choose to bet on the favorite or the underdog. Then there is a posted number and it is the bettor’s choice to bet if the score will be over or under that number. Almost every sportsbook also uses what is called a 20-cent line. This refers to the difference in odds between the favorite team and the underdog team. However if there is an extremely large favorite the odds will most likely be higher than 20cents.
The Puck Line
The puck line in hockey betting is similar to what the run line is in baseball betting. When you bet on the puck line you can either choose 1.5 goals for the underdog or 1.5 goals for the favorite team. It used to be .5 goals for the puck line but the odds makers changed it to 1.5 goals because the shootout got rid of the possibility of a game ending in a tie.
Betting on totals is another betting option in the NHL. When betting totals the bettor is wagering on the total number of goals that are scored in a game. There will be a number posted by the sportsook and the bettor will choose to wager if the number of goals in the game will be more or less than the posted number. The big difference in betting totals in hockey as opposed to basketball or football is that the scoring in hockey is much lower than the other games so instead of changing the number of the total bookmakers will often change the odds instead.
The Grand Salami is another betting option that is offered in the NHL. For the price of one bet the Grand Salami offers fans a rooting chance interest for each game played on a specific day. The sportsbook will let bettors place an over/under bet on the amount of goals scored in all of the games that are played on the specific day. With the Grand Salami, just like totals, the bettor will sometimes be asked to wager more with the bet than what they would actually get in earnings if they win. There are also quite a few times when there are higher odd in Grand Salami.