A moneyline is simply the odds, as in “Odds to win” for an event with a winner and a loser. The bigger the favorite, the smaller the odds and payout. The bigger the underdog, the bigger the odds and payout, if they find a way to win. Betting on the moneyline is the most popular method of betting in hockey.
For example, a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win. Which means that if you are betting on the favorite, you have to stake more money than if you were betting on the underdog (for the same profit/return).
Tip: With so many regular season games, it’s important to be aware of how teams are trending and equally, to pay attention to who is playing from each team, particularly the goalie. Look for save percentage and goals against average for goalies and know whether or not a team is starting their backup goalie to help decide which team to bet on.
For this hockey betting type, it's the same as moneyline, but the difference is that it includes only the result at the end of 3 periods and thus includes the tie option.
For example, let’s say Toronto is playing New Jersey, bettors can bet on Toronto to win in 60 minutes, New Jersey to win in 60 minutes, or the tie at the end of 60 minutes. With the additional option of the tie, the odds on either team are greater than the moneyline, but come with that additional risk of the game going to overtime.
A hockey puck line is a goal spread and is similar to the run line in baseball. Bets are based on a 1.5 goal spread - bettors can either lay 1.5 goals with the favorite or take 1.5 goals with the underdog.
For example, let’s say Philadelphia is at +1.5 goals at odds of -110, Philadelphia bettors will win their wager if Philadelphia wins the game or loses by one goal whereas Pittsburgh bettors will only win their puck line bets if Pittsburgh wins by more than one goal. In this scenario, a $110 bet on either side would win $100.
Futures are bets available for future events which are offered well in advance of any season and are continually adjusted as it unfolds. For example, at the beginning of the season you bet on a specific team to win the Stanley Cup. In order to win your bet, that team would have to qualify for the Stanley Cup playoffs, make it to the Stanley Cup finals, and win that game.
Check out our hockey betting guide that has more betting types, tips, and common hockey betting mistakes.
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