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BetterMails > Blog > Betting Tips > Hockey Betting Explained: Learn How to Bet on NHL Games
Betting Tips

Hockey Betting Explained: Learn How to Bet on NHL Games

mahesh
Last updated: 2023/11/04 at 8:19 AM
mahesh 4 Min Read
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Hockey Betting Explained: Learn How to Bet on NHL Games

Hockey is an exhilarating sport, and if you’re keen to add an extra layer of excitement, betting on NHL games can be a thrilling experience. Whether you’re a seasoned sports bettor or a newbie, this guide will help you grasp the basics of betting on NHL hockey.

Contents
Understanding NHL Betting OddsMoneyline BetsPuck Line BetsTotals (Over/Under) BetsHow to Placing Your NHL BetsTips for Successful NHL Betting

Understanding NHL Betting Odds

Before you dive into NHL betting, it’s crucial to understand the odds. Odds tell you how much you can win and the likelihood of a particular outcome. In the NHL, you’ll commonly encounter three types of bets:

Moneyline Bets

These are straightforward bets on which team will win the game. The odds are expressed in American format, with a minus sign (-) for favourites and a plus sign (+) for underdogs. For example, if the New York Rangers have odds of -150, you’d need to bet $150 to win $100. If the Montreal Canadiens have odds of +130, a $100 bet would yield $130.

Puck Line Bets

Like point spread bets, puck line bets add or subtract 1.5 goals from the final score. If you bet on the favourite, they need to win by at least 2 goals, while betting on the underdog means they can lose by 1 goal or win outright.

Totals (Over/Under) Bets

These bets focus on the total number of goals scored in a game. Oddsmakers set a specific number, and you bet on whether the actual total will be over or under that figure.

How to Placing Your NHL Bets

Once you’re familiar with the different bet types, it’s time to place your wagers on NHL games. Here’s how to do it:

  1. Choose a Reputable Sportsbook: Start by selecting a reliable sportsbook or online betting platform. Ensure it’s licensed and regulated for a safe betting experience.
  2. Create an Account: Sign up for an account on the sportsbook’s website or app. Provide the necessary information, and remember to set a strong, secure password.
  3. Fund Your Account: After creating your account, deposit funds using your preferred payment method. Most sportsbooks accept credit cards, e-wallets, and bank transfers.
  4. Select NHL Games: Navigate to the NHL section of the sportsbook to browse the upcoming games.
  5. Place Your Bets: Click on the game you’re interested in and choose the type of bet you want to place (moneyline, puck line, or totals). Enter the amount you wish to wager, and double-check your selections.
  6. Confirm Your Bet: Once you’re satisfied with your choices, confirm your bet. You’ll receive a confirmation slip detailing your wager.

Tips for Successful NHL Betting

Betting on NHL games can be a rewarding experience if you approach it wisely. Here are some tips to help you make informed bets:

  1. Research is Key: Investigate team statistics, player performance, injuries, and head-to-head records. The more you know, the better your bets will be.
  2. Bankroll Management: Set a budget for your betting activities and stick to it. Don’t chase losses by wagering more than you can afford to lose.
  3. Shop for the Best Odds: Different sportsbooks may offer slightly different odds. It’s worth comparing them to maximize your potential winnings.
  4. Be Selective: You don’t have to bet on every game. Focus on matches where you have a good understanding of the teams and the context.

Betting on NHL hockey can be a thrilling pastime, but remember to bet responsibly. With the right knowledge and a thoughtful approach, you can enjoy the excitement of NHL games and potentially see some wins coming your way.

mahesh November 4, 2023 November 4, 2023
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