How to Bet on Hockey Online: Everything You Need to Know
Although it may not have reached the dizzying heights of NFL betting just yet, hockey betting isn’t far off. People from across the US, Canada and all over the globe love watching the clash of sticks as two rivals go face to face – which is made even better if you have money riding on the result.
Here, we will look at how to bet on hockey, the different types of bets, betting strategies, tips and terminologies so your bet can hit the back of the net.
How to Bet on Hockey in 2022
Depending on how knowledgeable you are about the sport, how confident you are in your knowledge and how much risk you are prepared to take, there are different ways to bet on hockey. Whether you are betting on the Carolina Hurricanes to win the Metropolitan Division or you simply bet on your favorite NHL team to win their next game, the best hockey betting sites will offer the perfect bet type for you.
Hockey Betting Explained: Hockey Betting Lines
Sometimes you may want a simple match-winner bet, but other games may require something a little more intricate. The very best hockey betting sites will offer a variety of hockey betting options. Here are some that you may come across:
- Moneyline – Match Winner Bets
- Puck Line
- 60 Minute Line
- Grand Salami
- Proposition Bets
- Live Bets
Totals betting is a great market and one that is highly popular among NHL and hockey bettors in general. The basics of the totals betting line are that a bettor will select a specific total, offered by the bookmaker, then if the team reaches it then the wager will pay out. This can also be paid with the over/under, meaning that if you choose the over or under based on the total offered by the sportsbook, the bet will pay out accordingly.
The futures markets are a great way to participate in NHL betting any time of the year. Whether it’s the postseason, preseason, regular season, or the off-season, bettors will be able to wager on who will win the following Stanley Cup title. Not only do futures extend to the grand prize, but they are also great for bettors wagering on the Conferences, Division, & more.
Moneyline Bets: To Win
The basic match winner bet. You simply need to decide which team you think will win a match. If you are right, you win.
Puck Line Bets: Points Spread Bet
This is a goal spread bet (similar to run line in baseball betting). They are usually based on a 1.5-goal spread. So, if you are betting on the favorites with a 1.5-goal spread, then the team will need to win by at least 2 goals for you to win your bet. If you bet on the underdogs, as long as they don’t lose by 2 goals or more, you win.
Totals: Over or Under
This is based on how many goals will be scored in the game overall. The bookmaker sets a number and you predict whether the goal tally will be over or under that number. The lines are usually set at around 5.5 or 6.5 depending on which teams are playing and who the goalies are.
60 Minute Line: Better Odds
This is similar to Moneyline bets but only includes results for the end of three periods. It will also include a tie option. So, you might bet on New Jersey to win the game in 60 minutes. Because the option of the tie is included, the odds are better than Moneyline bets.
This is placing wagers on numerous outcomes and all outcomes must occur to win your wager. You could bet on both LA and Chicago to win their games and both would need to win for you to win your wager.
Grand Salami: All Night Bet
This is a totals bet – but instead of betting on the total number of goals in one game, you need to bet on the total number of goals scored for all games combined that night. Depending on the amount of games included, the line is normally set between 50 and 60 goals.
Futures Bet: Bet on the Future
This is a bet on future results. It could be a wager such as betting on what teams make the Stanley Cup Playoffs, or which player scores the most goals in their division, or in the league.
Props Bets: Betting on Performance and Events
This is betting on specific outcomes in the game or a player’s performance. It could be betting on whether a player scores a goal, or will Boston score 2 more goals than the opposition.
Live Bets: After the Action Starts
You can also bet on the game after the action has already started – based on what is happening in the game.
Hockey Betting Glossary
Here are some of the main hockey betting terms:
|Hockey Betting Terms||Definition|
|Favorite||The team most likely to win|
|Underdog||The team least likely to win|
|Line Movement||The odds changing on a game|
|Cover||If a team beats the Puck Line|
|Push||If the score lands on the line and you don’t win or lose. You get your money back.|
|Juice||The sportsbook’s commission (Vig)|
|Limit||The maximum amount a sportsbook will take on a bet|
|Bad Beat||A bet that should have won but didn’t.|
|Steam||A betting line moving sharply in one direction|
|Value||Odds that represent the true value or better value than it should.|
Best Hockey Betting Tips: Hockey Betting Strategy
If you figure out which bets you want, then you will need to work out your hockey betting strategy. So, check out our best hockey betting tips:
Know the Goalkeepers
You need to know about all players, but especially the goalie who might be the most important player on an NHL team. This will help you to work out how high or low scoring the game might be.
Research Squad Depths
You need to see the whole team as one – and look at the different line combinations. During major leagues such as the NHL, a team coach will usually put forward their best starting line – and the best will also have an excellent bench to choose from as well. The teams with the most depth usually are more successful.
Read Up on Player Injuries
No matter how good a player is, he can be hampered by injury. If a team’s biggest player is injured then they are more exposed when playing a high-quality opponent. Even if a player is recovering from injury and playing, their ability may still be hampered and it will affect their game.
Research the Stats
The best way to make an accurate prediction is by reading up on the stats. Look at the previous fixtures, look at how certain teams performed against their opposition in the past. Look at how teams perform in a certain environment. History has a way of repeating itself.
Know the Schedule
You should know a team’s schedule and there will be times when a team’s schedule puts them under pressure. They may have had a long journey to reach their game and may have had little time to rest. Or, they may have been at a Bootcamp with lots of time to prepare for the game.
Manage Your Bankroll
As is the case with betting on any sport, the most important thing is managing your bankroll effectively. You need to be disciplined with your bets. You need to think about making the right bets and don’t bet too big. If you have a budget, you need to manage it effectively and don’t blow it all on one ‘sure thing’. Also, avoid chasing bets and eating into extra money to do so. Find out more about bankroll management here.
How to Bet on Hockey and Win
With your tips and strategies at hand it’s time to get started:
- Read our hockey betting site reviews, check out our best bonuses and pick the hockey betting site you like.
- Open a new account.
- Open the banking section, choose deposit and pick your preferred payment option.
- Claim the welcome bonus.
- Choose the hockey game you want, select your odds, enter your stake and confirm.