How and Where to Bet on the NHL

Canadians have a variety of options when it comes to placing a bet on an NHL game.  Less than a decade ago, the most common method and practical way was to buy a Pro-Line ticket at your local convenience store.  Luckily, that is no longer the case.  Now you can place a NHL bet from your computer and/or your smart phone.  Not only is this much more convenient, but it is also gives you more betting options and it is much more cheaper.
    If you are still placing bets with Pro-Line, then you are getting robbed (almost literally).  For an example we will bet the over on the first four games on October 12, 2013 on Pro-Line and on the same four games at Bodog.  For Pro-Line the odds are 1.55, 1.90, 1.60 and 1.60.  This would work out to a ticket value of $66.50 on a $10 bet on each game (I know you can't bet on individual games with Pro-Line) and a ticket value of $75.39 on a $10 parlay.  When you win, you may feel great, but probably not after you find out what you have actually lost by not betting at Bodog.
    At Bodog, the odds for the same four games are 1.83, 2.20, 1.74 and 1.90.  This will work out to a win of $76.70 on $10 individual game bets (which you can actually do online) and a $133.10 win on the four team parlay, which is 76.5% more than betting on Pro-Line!

Different Types of NHL Bets

Money Line – When you are placing a bet on the Money Line, then you are placing a bet on which team will win the game outright.  This is the same as placing a bet on H or V on your Pro-Line ticket.
Over/Under – When placing a bet on the over/under, you are placing a bet on whether or not the total amount of goals scored will be over of under the set total.  The total is generally set at 5.0, 5.5 or 6.0.  Note the winner of a shootout will be rewarded one goal.  This helps when you betting the over at 5.0 and the under at 5.5, because every 2-2 tie at the end of regulation will make the total be 5 regardless of the outcome.
Puck Line – The Puck Line or just the Line is the same betting the point spread on football.  The line is almost always +1.5 on the underdog and -1.5 on the favourite.  This is similar to betting H+ and V+ on your ticket, except that the underdogs line is +1.5 and not -1.5.  Betting on the Puck Line can make empty net goals exciting, regulation ties rewarding and underdogs into favourites.
First Period Lines – Online you can bet on the results of the first period of action.  The over/under for the first period is generally set at 1.5 and the Line a 0.0.  Betting on the first period lines lets you take advantage of teams that get to a slow start, that start defensively or teams that seam to light it up in the first period.
Parlay – If you have ever bet on Pro-Line, then you have bet on a parlay before.  A parlay is a bet in which two or more hockey games are selected.  All your selections must be winners for the parlay to win.  Generally the more events that are chosen, the more the hockey parlay bet pays off, but betting on a few longshots usually pays off better than betting on a bunch of favourites.  You can bet money lines, over/under and the Puckline in a NHL parlay bet.
Futures – When placing a bet on the Futures, you are betting on a team that will win the Stanley Cup, their Division or their Conference.  You can usually place before the season starts and up to the point where there is a clear cut favourite to win it.  The juice is terrible in future bets, but they can be fun and a relatively cheap way to bet on your favourite NHL hockey team.
Props – A proposition bet can be exotic, it can give you a better chance of winning or it could greatly increase your payout.  Some of the more popular NHL prop bets online include, Additional Team Totals, Additional Puck Line, Time of 1st Score, Race to 3 Goals, Margin of Victory, Final Score, Highest Scoring Period, Team to Score First, Team to Score Last and many more fun prop bets.

Finding Trends in NHL Hockey

Betting on the NHL may seem like a random task, but that is nowhere near the case.  Professional handicappers must look at all the variables and trends in order to have successful season.  Some of the attributes our free NHL handicappers use is;

  • Do research in the off season to find out which teams are poised to fall, before the generally betting public finds out.
  • In the offseason find out which teams are set to greatly improve.
  • Find out which teams fair better against lesser competition.
  • Find out which teams do better against the harder opponents in the league.
  • Look for winning and losing streak trends.
  • Know which teams are overrated.
  • Find out who is going to be the starting goalie for each team.
  • Bet sure things and let other fans gamble.