How to Bet Hockey
Published on: September 19, 2021
Updated on: January 6, 2024
Category: Advice & Tips, How To
This post offers a high-level overview of how to bet hockey.
Understanding the fundamentals is critical when placing wagers on the NHL.
Read: How to Use Flat Betting For Wagering Success
Related: How to Use Parlay Cards at the Sportsbook
Here is an example of a hockey wager, let’s break it down.
Time | Bet # | Team | Spread | Total | Money Line |
7:00 PM | 604 | Chicago Blackhawks | +1.5 -200 | o6 | +140 |
605 | Vegas Golden Knights | -1.5 +175 | u6 | -160 |
General Overview and Tips
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Away team is always listed on top. In this example, Chicago is the road team.
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Minus (-) next to the number in the money line indicates the favorite; the plus (+) indicates the underdog.
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Bet # is most commonly referred to when verbally placing your wager at the sportsbook.
Wager Types
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Spread – When betting the point spread (aka line), the favorite must win by a stipulated number of goals. This means either laying 1.5 goals on the favorite or getting 1.5 goals on the underdog. In this example, Vegas (-1.5 +175) is the favorite and must win the game by 2 goals (or more) to cover the spread
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Total – This refers to the total number of combined goals scored (i.e. over/under). If the game lands exactly on the set number, the wager is considered a push and those bets are refunded.
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Money Line – This is a bet on which team will win a game (regardless of score). Chicago is a +140 money line underdog. This means a $100 wager on Chicago money line wins $140 (collect $240 total). Conversely, a $160 wager on Vegas money line wins $100 (collect $260 total).
Additional Hockey Wagers
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Period Spread – A period spread allows for wagers on the outcome of a specific period (rather than the entire game). Many sportsbooks offer a 1st period line, which refers to the outcome of only the first period. Likewise, in-game period spreads are set for the 2nd and 3rd period of the game.
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Futures – Futures in hockey are for predicting division winners, conference winners, and Stanley Cup champs. Total games won (O/U wins) is another popular futures wager offered at the beginning of the season.
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Live – Live wagering is a popular option for making in-game bets using your sportsbook’s mobile application (check availability). Live wagers offer adjusted goal spreads, over/under, and more based on the live score.
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Parlay – A parlay combines several teams into one bet. In a parlay, all wagers must win, or else the bet is a loser. As many as 10 teams (or more) may be used in a parlay. Totals (O/U goals) may be included in parlays.
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Props – A “proposition bet” is like a side-bet. Common prop bets in hockey include goals scored, assists, saves, and more. Prop bets offered vary greatly from sportsbook to sportsbook.