Types of Hockey Bets

From NHL games to international tournaments and friendly matches, there are plenty of ways for bettors to get involved in hockey betting and make some serious profits if they have done their research properly. In this article, we’ll be taking a closer look at the different types of hockey bets available so you can decide which one is right for your needs.

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by Noah Belanger

December 16, 2022

Contents

1 Hockey Bets Explained
2 Moneyline Bets
3 Puck Line Bets
- 3.1 Alternative Puck Lines
4 Totals Bets
5 Period Bets
6 Futures Bets
7 Proposition Bets
8 Conclusion

Hockey Bets Explained

Hockey betting has been growing in popularity over the past few years, with punters from around the world eager to make a profit from the thrilling action that comes with this exciting sport. Hockey bets can take many forms, from traditional point spreads and moneylines to exotic wagers such as parlays, teasers and futures.

Moneyline Bets

Moneyline bets in hockey are a popular way for spectators to make a profit on the sport. By placing a wager on the outcome of the game, bettors can win depending on which team wins or whether there is a draw. Moneyline bets involve predicting the winner of a hockey game without factoring in any other statistics like goals, shots on goal, or power play opportunities. This makes them relatively easy to understand and navigate compared to more complex betting markets.

The moneyline odds for hockey betting will typically be expressed as an American Odds line, with either a positive or negative sign preceding the number. The sign indicates how much money would be won or lost if the bettor were to place that amount of money on the selection. For example, if an American Odds line is -150, it means that you would have to put down $150 in order to win $100 if your selection was correct. On the other hand, if it is +200, then you would have to put down $100 in order to win $200 if your selection was correct.

Puck Line Bets

Puck Line betting involves predicting the outcome of the game with respect to the score of both teams, including amount of goals and point spreads. Betting the puck line offers the bettor the chance to recoup a portion of their original wager if they do not win their original bet.

When betting on a puck line, there are two options that can be chosen – either “plus” or “minus”. The plus option is when a team is expected to win by more than a certain number of points or goals, while the minus option means that a team has to lose by fewer than a certain number of points or goals. If a team wins by exactly what was predicted, then it is considered a tie and no money will be won or lost.

For instance, if Team A is given -1.5 for puck line betting, then this means that Team A must win by more than 1.5 goals for bets on them to be successful. On the other hand, if Team B is given +1.5 for puck line betting and they end up winning by exactly one goal, then all bets placed on that team will be refunded as it is considered a push between both teams and no winner can be determined.

Therefore, understanding how these odds work is essential for successful wagering on hockey games. Furthermore, it’s important to take into consideration factors like home ice advantage and away records when placing these types of bets as well as factoring in handicaps such as injuries or suspensions which may affect certain teams’ performance during games.

Alternative Puck Lines

Alternative puck lines betting in hockey is a type of wager that allows bettors to essentially double their money if the outcome of a game fits certain criteria. It involves placing a spread bet on the favorite and an underdog, with each team having a predetermined point total assigned to them. The underdog must either win outright or lose by less than the amount given in order for the bettor to make money. This type of betting has become popular in recent years due to its flexibility and ability for punters to tailor their bets to suit their own preferences.

When it comes to alternative puck lines betting, there are several factors that need to be taken into consideration before placing the bet:

Firstly, it’s important to consider the quality and form of both teams involved in the match up. Some teams may have strong home form while others could struggle away from home; this can have an effect on which side is favored and how much they need to win by in order for your bet to be successful.
Additionally, other external factors such as weather conditions or injuries can also have an impact on which side is favored and what sort of point spread they’re able to achieve.
Finally, it’s important when considering an alternative puck line bet that you understand both sides of the wager completely before committing your hard-earned cash. Make sure you do your research and take all factors into account before investing in any wager. By doing so, you should be able to maximize your chances of profiting from this type of hockey betting option.

Totals Bets

Totals hockey bets involve betting on the total number of goals scored between both teams in a game. The sportsbook will set an over/under line and it is up to the bettor to decide if they think it will be over or under that line.

It is important for any bettor looking to make money from hockey totals betting to understand how odds work and what factors influence them. The most common factor is often the relative strength of each team: if one team is far stronger than its opponent then there is likely going to be more goals scored and therefore an over bet may be more profitable than usual.

Additionally, certain players can have an impact on total scores too; some goal scorers can put out significantly more shots than their teammates, increasing the likelihood of higher scoring games where an over could be wise choice if their team is playing at home against weaker opposition.

Period Bets

Period bets in hockey are an interesting way for people to make money when watching their favorite sport. Essentially, period bets involve making a bet on the amount of goals that will be scored in a particular period of the game.

When it comes to placing period bets, it is important to be aware of some of the most common strategies employed by experienced gamblers:

First, one should always research the teams that are playing each other before making a bet. By researching these teams, one can get a better understanding of the potential outcomes during each individual period. For example, if two teams have similar records and talent levels then they may be more likely to end the period with a low-scoring result.
Additionally, one should also consider factors such as home field advantage and recent performances when trying to determine which team might win or score more goals per period.
Finally, it is also helpful to watch games regularly as this can help in developing successful betting strategies for future games.

Futures Bets

Futures bets in hockey are a type of bet that allows bettors to make predictions about future outcomes in the sport. The most popular futures bets include selecting which team will win the Stanley Cup, who will be the MVP, or which team will finish atop their respective division. Each of these types of futures bets comes with its own set of potential payouts and risks, so it’s important to understand the various wagering options before making a wager.

The most common type of futures bet involves predicting which team will win the Stanley Cup. This type of bet usually requires the bettor to pick a team at least one month ahead of time and is often offered as part of an odds-based system that assigns better chances for teams with higher odds. For instance, a team with high odds may have a greater chance at winning than one with low odds because they are deemed to have more talent or experience on their roster. Betting on this type of outcome often has larger payouts because there are typically fewer competitors making similar selections.

When it comes to predictions about individual players, such as picking an MVP or figuring out who will lead the league in points, betting on this type of outcome can prove especially profitable if done correctly. Generally speaking, these types of bets require research into each player’s history and performance trends throughout the season leading up to placing a wager.

It also helps to keep an eye out for injuries or any other factors that could affect a player’s performance and throw off your prediction. Lastly, keep an eye out for special offers from bookmakers who may offer more advantageous betting lines compared to other platforms. All things considered, making informed decisions when betting on futures in hockey can help you increase your chances at generating steady profits over time.

Proposition Bets

Proposition bets in hockey are a type of wager that allow bettors to place wagers on certain outcomes of a hockey game. These types of wagers can range from a team winning a certain number of games, to an individual player scoring a certain number of goals. The odds for these types of bets are usually much higher than regular moneyline bets, and they can provide bettors with the chance to win large sums of money if they make the right predictions.

First Team to Score

This type of bet is based on predicting which team will be the first to light up the scoreboard with a goal. It can provide an additional thrill for those who decide to put their money down, as it adds another unpredictable element to the entertainment factor of a hockey match. In addition to being fun and potentially lucrative, wagering on first-team-to-score props can also help people better understand how games are won and lost by studying team tendencies and styles of play leading up to a rivalry match or tournament contest.

Player to Score First Goal

This type of bet is often placed on who will score the first goal of the match. Bettors can back any one player they think is most likely to hit the back of the net first and if their wager wins, they can collect a payout.

Shots Taken Total

Proposition bets in hockey can be placed on the total number of shots taken by each team in a game. This type of bet adds an exciting level of engagement to fans of the sport as they look to wager on how many shots they think will be taken. As a result, it is important to have accurate statistics available so that players can place their bets wisely.

These stats are typically tracked by tracking systems such as shot-tracking software and manual scorekeeping processes during live games. Shots taken can vary greatly between teams, players and even individual games making it a fun challenge for those placing these types of bets. With the proper knowledge and data available, proposition bets in hockey on the total number of shots taken can be an enjoyable and profitable betting option for avid NHL fans.

The Grand Salami

Proposition bets in hockey, sometimes referred to as the Grand Salami, are bets made on the total number of goals scored in a given night across multiple NHL games. They offer an exciting alternative to traditional betting lines, allowing fans to bet on the aggregate score of all matches instead of just one single game. Proposition bets typically involve wagering on whether the total number of goals scored that night will be over or under a certain predetermined amount.

Regulation Time 3-Way Bet

A 3-way bet on regulation time allows gamblers to predict whether the game will end in either a home win, away win, or draw. The bettor can choose to place a stake on one of these three outcomes, which is typically expressed as a moneyline bet. The payout will vary depending on how likely each result is and the amount wagered. In addition to predicting the winning team, proposition bets may also include predicting other elements of the game such as total goals scored or even player performance statistics like shots taken or saves made.

Total Goals Scored by a Team

Total goals scored by an individual team or both teams combined is often the subject of these types of wagers. Bettors will put their money on the line and predict how many goals their chosen team will score in a given game, tournament, or entire season. The actual number of goals can vary widely, with some teams scoring just one goal in certain matches, while others may exceed 10 goals in a single match. Additionally, the conditions under which the gamblers place their bets can also affect the outcome; for example, bonuses might be offered if a team surpasses its projected total or achieves certain performance benchmarks.

Conclusion

In conclusion, hockey betting offers a wide variety of options for bettors, from the traditional moneyline bet to an array of more exotic and creative bets. With all the different possibilities, hockey bettors can find a type of wager that suits their needs. From over/under bets to puck line bets, proposition bets and even long-term futures markets available on NHL teams and players, hockey betting has something for everyone. Furthermore, with so many online sportsbooks offering customizable odds and lines tailored to the individual’s preferences, it is easy to make informed decisions when betting on hockey.

Author
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Noah Belanger

Noah Belanger is a seasoned sports bettor with a decade of experience in the industry. He is the driving force behind the test reports and strategies on the LoonieBet Blog. With a unique perspective, Noah writes from the player's point of view, offering firsthand insights and expertise to help readers make informed decisions.