If you’re a hockey fan and looking to make some money betting on NHL matches, finding the best sportsbook that offers competitive hockey betting odds is essential. In this article, we’ll take a closer look at some of Canada’s most popular betting markets for hockey betting.
Puck line
Puck line betting is a popular form of betting in Canada, similar to point spreads in football or runs lines in baseball. It provides an easy way for people to wager on which team will win by the most margin.
It can also be an attractive option if you want to back a favorite to win but have little value on the underdog. For instance, if the Canucks are heavy favorites with odds of -225, then perhaps betting on them with less favorable odds at another sportsbook might be more suitable.
When it comes to hockey betting, there are a variety of bet types. But one popular option is the puck line – an easy win with any team you pick!
Another option is placing a 3-way puck line bet, which adds the draw as an additional outcome. Furthermore, you can place period puck line bets based on individual periods of play.
In the NHL, a popular puck line is a -1.5 goal spread. This indicates that for your bet to be valid, the favorite must win by two or more goals. Conversely, underdogs who lose by one goal still receive payouts on their tickets.
In this type of betting, the vig is a percentage of the total bet and can vary based on the matchup. To get the best odds possible, it’s essential to shop around and compare prices.
Puck lines are a popular betting choice in the NHL and can be found in nearly every online sportsbook. While they provide an opportunity to back favorites and potentially win big, you must understand how these systems operate in order to take full advantage of them, and test your luck by playing at GambleCity.
Money line
In Canada, money line betting is a popular option for sports bettors. This type of bet involves two teams that are considered favorites and underdogs; typically the favorite will have an implied probability of winning while the underdog has a lower one due to factors like skill level and matchups that go into determining who will prevail in each game.
The odds on the money line are presented in an easy-to-understand format, with three-digit numbers followed by either a plus sign for an underdog or a minus sign for a favorite. The minus sign represents how much you would need to wager in order to win $100, while the plus sign indicates how much will be paid out should your bet win out.
Futures betting, where payouts are determined from a point in time, and money line bets which are based on an athlete or team’s current win probability, offer sports bettors more control over their bankroll from day to day. This type of flexible system allows them to adjust their bankroll according to each day’s results.
Money line betting in Canada is a popular choice for sports fans as it’s straightforward and effortless to place. Plus, with such high payouts available, this type of bet offers great opportunities to win extra cash!
Money line bets on hockey teams offer fans of the Toronto Maple Leafs – one of Canada’s most beloved NHL teams – an opportunity to profit. It is especially popular among hockey enthusiasts.
Money line betting is also widely popular in other Canadian sports such as basketball and soccer. Since these contests tend to have low scoring, this type of bet can significantly boost your chances of winning.
Totals
Hockey is Canada’s national sport, and betting on the NHL is one of the most popular wagers available at many regulated Canadian sportsbooks. There are various wagers available such as money lines, puck lines, total goals, game props, and player props; plus there’s in-play betting and futures betting too.
Canada’s most popular wagers on the NHL are totals, which offer similar benefits as spreads and puck lines but with more juice. On average, these totals cost -110; however, prices may change depending on how much juice is attached.
Another popular totals wager is the over/under, which allows you to bet on a team to score more or less than a predetermined number of points. In most cases, this number is usually flat so if both teams score over 213 points then your bet pays out.
Totals can also be affected by factors like injury, a team’s record, whether there is a backup goaltender, and more. Furthermore, the totals may shift if teams play multiple back-to-back games; accordingly, bets must be adjusted accordingly.
One of the main draws to betting on NHL games in Canada is that there are always upcoming matches to wager on, especially as the playoffs approach. The first round of the NHL playoffs promises to be one of the busiest times for bookmakers with plenty of thrilling matchups available for wagering.
Last season, the Toronto Maple Leafs were one of the most beloved teams in the NHL, and their opening-round playoff series against Tampa Bay Lightning proved popular among bettors. According to PROLINE +, 66% of all hockey money line bets on Toronto were for a Game 7 win against Tampa.
Futures
Futures are a popular betting market in Canada as they provide various options and help to reduce risk. They can be utilized for trading stocks, currencies, commodities, or interest rates and offer exposure to assets not available elsewhere on the market.
ETFs can be traded in a range of sizes to suit your requirements, enabling you to invest in multiple markets without needing to spend as much money as if trading stocks or ETFs.
You can wager on everything from league championships and team accomplishments to individual awards like MVP or O/U win totals. These wagers are available year-round and often provide lucrative payouts.
To be successful in the futures betting market, it’s essential to be selective when placing bets. Don’t place a large wager on an ineffective team; rather, place smaller stakes on contenders who may break records or win major awards. This way, you can increase your chances of success significantly.
Another popular way to wager on futures is through parlays. This involves making two or more bets on one ticket, but each must be correct in order to win. You may also place specific outcomes as a futures bet, such as a team’s regular season record or Over/Under points spread.
The futures market is an excellent option for placing wagers on sports events that take place in the future, such as the Super Bowl or NCAA Tournament. Odds on these bets are usually posted well in advance, making it simpler to predict who will win these matches.
Prop bets
Prop bets are wagers based on both outcomes and non-outcomes that occur during a game or event. They offer an easier alternative than the traditional point spread or total bets, plus they offer great potential returns for those who place them.
Hockey props typically involve Over/Under markets that predict how many goals will be scored during a given game. These lines are usually set by the oddsmakers and you must guess whether a certain player will score more or less than that line.
If you want to get in on the action of a major game, there are also specialized props that target specific outcomes like first-period O/U lines or goalie save totals. These can be an excellent way to get into the cheering spirit of the occasion even if you’re rooting for the opposite team.
Prop bets are commonly available for all games throughout the season and during the Stanley Cup Finals. Before placing your bets, consider researching and comparing sportsbook odds.
Furthermore, you should avoid solely relying on one betting site to place your prop bets. Doing so could result in paying more in commission than necessary and significantly decreasing your winnings.
Prop bets can be an entertaining and lucrative way to wager on hockey games you’re watching. They also help keep your bettor’s eye on players you follow and their individual stats. You may even place bets on individual goals, shots taken, and assists.
