Understanding Nhl Betting Lines
NHL MONEYLINE EXPLAINED:
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- How to Understand American Odds. If you're new to sports betting, the odds are usually listed in one of three ways: American; Fractional; Or Decimal; American odds work a little differently to the others. The odds for a favorite team to win the game are usually listed with a '-' sign, which indicates the amount a better would need to bet to win.
- NHL betting – The Puck Line The puck line wager is one where the sports-books try to level things up by either taking goals off the favorite, or adding goals on to the underdog. In general the puck line is set at one and a half goals. Here is an example.
The moneyline bet is the most common wager in baseball betting. Hockey, like baseball and soccer, is a “moneyline sport” as opposed to a “spread sport” (like football or basketball). That means that hockey bettors are generally just betting on the team that they think is going to win rather than betting on a team to cover a particular point spread.
Line Short for puckline, the line is the NHL’s equivalent to spread betting. Bookmakers create a margin of victory and you bet whether a team will win by more or less than this line. Betting on Hockey Before a person can start to bet the NHL, it's important they have a solid understanding of the money line. The money line is the most common method of betting the NHL, although there is also a puck line, which will be discussed a bit later, as well as totals.
The favorite in a game has a negative moneyline (example: -150). The underdog has a positive moneyline (example: +135). The odds represent the payouts on a $100 wager. So for a favorite at -150 the bettor would wager $150 to win $100. For an underdog at +135 the bettor would wager $100 to win $135.
Again, hockey bettors are simply trying to pick which team will win the game. The moneyline is the agreed upon payout of the wager.
NHL PUCK LINES EXPLAINED:
The puck line functions like the point spread in sports like football or basketball. The puck line in hockey is 1.5. That means that if you bet on the favorite (-1.5) you are betting on that team to win the hockey game by two goals or more. If you bet the underdog on the puck line (+1.5) you are wagering that your side is either going to win outright or lose by just a single goal.
There are two parts to a puck line wager. The first is the actual puck line (+1.5/-1.5) and the second is the moneyline value associated with which side of the puck line you take. For instance, a bet of -1.5, +120 means that if you wager on the favorite (-1.5) your $100 wager would result in a +$120 win.
The purpose of betting on the puck line is to get adjusted odds in your favor. If a team is a moneyline favorite of -200 that might be too much to wager on. However, if you bet on that team at -1.5, +120 you are wagering that your team will win by two or more goals and in return getting a more favorable payout (+120).
Slightly more than half (between 54 and 58 percent) of all NHL games are decided by one goal.
NHL TOTALS or OVER/UNDER EXPLAINED
NHL totals are a bet on the total combined number of goals that both teams will score in a given game.
You can bet totals ‘over’ or ‘under’. If you are betting ‘over’ then you are betting that the combined number of goals from the teams will exceed the posted total. If the posted total is 5.5 and you bet ‘over’ then you wagering that six or more goals will be scored. If you are betting ‘under’ 5.5 then you are hoping for five or fewer combined goals to be scored.
All goals scored in overtime count towards the totals wager. In the regular season, shootout goals following overtime do not count toward the total.
NHL FUTURES EXPLAINED
NHL Futures are wagers on eventual results regarding certain teams. For example, a Stanley Cup futures wager is a bet on which team will win the Stanley Cup in June. Other types of NHL futures wagers can involve the number of wins or points that a team accrues during the season, betting on which team wins the division, or betting on which team wins the conference title.
The odds on futures wagers are generally expressed similar to a moneyline. For example, the Rangers could be posted at +1500 to win the Stanley Cup. That means that a $100 wager that proved correct would yield $1,500.
Understanding Mlb Betting Lines
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