Betting on Ice Hockey, namely the National Hockey League (NHL), is getting more and more popular, with coverage of the games being as good as ever, which is enticing punters more and more towards the leading ice hockey eague in the world.
There are a stack of ways for punters to bet on Ice Hockey, whether you fancy the stock standard regular options such as Head To Head or Margin Betting, or going out wide in search for value, so down below are the different types of betting options for the NHL.
Head To Head Bet
This bet sees a market on the two teams and who will win. An example of this would be Los Angeles Kings taking on the Arizona Coyotes, with $1.40 odds against $3 odds. If you place $10 on the Coyotes to win, you’ll get a return of $30. There is also betting on the draw, although that happens rarely.
This is a betting option where the bookmaker handicaps the match. An example of this is the bookmaker will consider a team 1.5 goals better than the opposing team, so with that, the punter can back the team will win by more than 1.5 goals, or the other option is backing the other team to lose by 1.5 goals or under, or win the match. As an example, putting $10 on a team to win by more than 1.5 goals and cover the line at $1.90, you will collect $19.
This is where punters can back the winning margin on a game between the two teams. Margin betting is available on the major sporting codes, including Ice Hockey and the NHL. The usual margin betting for the NBA is 1, 2 or 3+, so you can back a team to win by 1 or 2 goals, or back a team to win by 3 or more goals. There are other margin betting options which are more specific, to the point where you can back a team to win by an exact margin. For example, if you bet on a team to win by 2 goals at $10 and place a $10 bet, you will collect $100.
Total Goals Unders/Overs Bet
The vast majority of bookmakers will have the betting option of total points and will set a specific number. Then punters can bet on whether the game will have more points than that number, or lower. It’s generally close to $2 odds for either option depending on the teams playing and the form they are in. Some bookmakers will also bet on other total points markets and offer odds on specific total points options. An example of this bet is putting $10 on Under 6 goals for the match at $1.90 and the total goals is 5, the punter will collect $19.
60 Minute Line Bet
This is the betting option where you back the result of the game after 60 minutes, which is normal time. This betting option includes the draw, which is usually good value given a draw isn’t the normal result. An example of placing a 60 minute line bet is putting $10 on a draw between the Kings and Coyotes at odds of $5, you’ll get a collect of $50.
Match Betting/Total Goals Double Bet
If you are searching for value to bet on the NHL, this might be for you. This is 2 in 1 bet where you back who will win the match and the amount of goals for the match, albeit this is usually only after 60 minutes of normal time and doesn’t include overtime and shootout. Down below is how a market would look for this betting option.
Coyotes/+5.5 Goals @ $6.50
Coyotoes/-5.5 Goals @ $7.50
Tie/+5.5 Goals @ $7.50
Tie/-5.5 Goals @ $8
Kings/+5.5 Goals @ $2.60
KIngs/-5.5 Goals @ $3.80
Same Game Multi Bet
The same game multi is a most popular form of betting across the NHL. This where you can combine multiple selections together to enhance your price.
This is a form of betting which is popular because you don’t need to outlay too much to potentially win big. You can add as much as 25 legs to a same game multi, and add legs from both teams, which will ensure a bigger divided.
60 Minute Correct Score Bet
This is a betting option that is where you don’t need to invest much money for a decent correct. This gives punters the option to back what the correct score will be after 60 minutes. Given there are usually 40+ options for the correct score, the value is strong. An example is backing the Coyotes to win 2-1 for $10 at the odds of $29, you will collect $290.
1st Period Total Goals Bet
If the game as a whole isn’t for you and you just want to focus on the first period, then this bet is for you. Bookies will set a number on the amount of goals they think will take place in the first period and punters can back whether there will be more or less. For example, the line is 1.5 goals. If you put $10 on there to be more than 1.5 goals at $2.10 and there are two goals in the first period, you will collect $21.