{"id":9274,"date":"2022-07-11T03:10:56","date_gmt":"2022-07-11T07:10:56","guid":{"rendered":"https:\/\/www.betting.ca\/?page_id=9274"},"modified":"2022-07-18T05:06:55","modified_gmt":"2022-07-18T09:06:55","slug":"odds","status":"publish","type":"page","link":"https:\/\/www.betting.ca\/hockey\/odds","title":{"rendered":"Hockey Odds"},"content":{"rendered":"\n
If you’re new to hockey betting<\/a>, you must first understand the odds. Hockey betting odds can initially seem confusing, but once you understand how they work, they’re pretty simple.<\/p>\n\n\n\n This article will explain the basics of hockey betting odds and how you can use them to your advantage.<\/p>\n\n\n\n When it comes to betting on hockey, Canadian betting sites<\/a> are some of the best in the business. With a wealth of experience and knowledge of the sport, they offer competitive odds that can give you an edge over the competition.<\/p>\n\n\n\n Here are some of the best Canadian bookmakers for betting on hockey:<\/p>\n\n\n When you bet on hockey<\/a>, the odds represent the probability of a particular outcome occurring. The higher the odds, the less likely the event is to occur; conversely, the lower the odds, the more likely the event is to occur. Odds can be expressed as a number (e.g. 1\/5) or decimal (e.g. 2.00).<\/p>\n\n\n\n If you bet on a team with odds of 1\/5, for every $5 you bet, you will win $1 if the team wins. So if you bet $20 on a 1\/5 team, you would win $4 if they won the game.<\/p>\n\n\n\n If you bet on a team with odds of 2.00, for every $1, you will win $2 if the team wins. So if you bet $20 on a 2.00 team, you would win $40 if they won the game.<\/p>\n\n\n\n The higher the decimal odds, the more money you will win if your bet is successful. However, it is important to remember that the higher the odds, the less likely the event will occur.<\/p>\n\n\n\n When betting on hockey, you will often see two different types of odds: Moneyline odds and puck line odds. Moneyline odds refer to which team is favoured to win the game. Puckline odds take the Moneyline a step further and factor in the game’s spread (or handicap).<\/p>\n\n\n\n The spread is the number of goals the favoured team is expected to win. For example, if the puck line is +1.5, the favoured team must win by two or more goals for a bet on them to be successful. Conversely, if the puck line is -1.5, the favoured team can lose by 1 goal and still have a successful bet.<\/p>\n\n\n\n Puck lines are usually expressed as decimal odds (e.g. +1.5\/-1.5), but can also be expressed as Moneyline odds (e.g. +120\/-140).<\/p>\n\n\n\n When betting on hockey, it is important to understand the odds<\/a> and how they work. The odds represent the probability of a particular outcome occurring, and the higher the odds, the less likely the event will occur. However, remember that even though the odds may be against you, there is always a chance that your bet could be successful.<\/p>\n\n\n\n There are many different types of hockey bets that you can make. You can bet on the outcome of a game, the point spread, or even the money line. You can also bet on who will score the most goals in a game or which team will have the most shots on goal. There are many types of hockey bets to choose from, and you should learn about them before you start betting on hockey games.<\/p>\n\n\n\n One of the most popular types of hockey bets is the bet on the outcome of a game. You can bet on the winning team, the losing team, or even the tie. This type of bet is straightforward to make, and it can be very profitable if you know what you are doing.<\/p>\n\n\n\n Another popular type of hockey bet is the bet on the point spread<\/a>. The point spread is the number of goals a team expects to score in a game. You can bet on either the favourite or the underdog, and you will win your bet if the team you chose scores more goals than the point spread.<\/p>\n\n\n\n The money line<\/a> is another popular type of hockey bet. The money line is the amount of money that you would win if you bet on the winning team. You can also bet on the underdog, and you will still win your bet if the team you chose scores more goals than the money line.<\/p>\n\n\n\n The last type of hockey bet is the bet on which team will have the most shots on goal. This type of bet can be very profitable because it is easy to predict which team will have the most shots on goal. However, it is also risky because you could lose a lot of money if you bet on the wrong team.<\/p>\n\n\n\n If you’re new to betting on hockey, or even if you’re a seasoned bettor, understanding hockey betting odds can be confusing. However, it’s good to know how odds work to make informed bets.<\/p>\n\n\n\n To start, let’s look at an example of a typical hockey betting line:<\/p>\n\n\n\n Boston Bruins (-1.5) vs. New York Rangers (+1.5)<\/p>\n\n\n\n In this example, the Bruins are the favourites, and the Rangers are the underdogs. The minus sign (-) indicates that the Bruins are favoured to win by 1.5 goals, while the plus sign (+) indicates that the Rangers are expected to lose by 1.5 goals.<\/p>\n\n\n\n If you bet on the Bruins, they would need to win by at least two goals for you to win your bet. If you bet on the Rangers, they would need to lose by no more than 1 goal for you to win your bet.<\/p>\n\n\n\n Now that we’ve covered the basics let’s look at some of the different types of hockey betting odds you might see.<\/p>\n\n\n\n Moneyline odds are the most common type of hockey betting odds. With Moneyline odds, you bet on which team you think will win the game.<\/p>\n\n\n\n For example, let’s say that the Bruins are playing the Rangers, and the Moneyline odds are as follows:<\/p>\n\n\n\n Boston Bruins (-200) vs. New York Rangers (+170)<\/p>\n\n\n\n In this example, the Bruins are the favourites, and the Rangers are the underdogs. The minus sign (-) indicates that the Bruins are favoured to win, while the plus sign (+) indicates that the Rangers are expected to lose.<\/p>\n\n\n\n The number next to the minus sign (-) is called the “line,” indicating how much you need to bet to win $100. In this example, you would need to bet $200 on the Bruins to win $100.<\/p>\n\n\n\n The number next to the plus sign (+) is called the “payout.” It indicates how much you would win if you bet $100. In this example, you would win $170 if the Rangers won the game.<\/p>\n\n\n\n Puck line odds are a type of Moneyline odds specific to hockey. With puck line odds, you bet on which team you think will win the game by at least two goals.<\/p>\n\n\n\n For example, let’s say that the Bruins are playing the Rangers and the puck line odds are as follows:<\/p>\n\n\n\n Boston Bruins (-1.5) vs. New York Rangers (+1.5)<\/p>\n\n\n\n In this example, the Bruins are favoured to win by 1.5 goals, and the Rangers are expected to lose by 1.5 goals.<\/p>\n\n\n\n If you bet on the Bruins, they would need to win by at least two goals for you to win your bet. If you bet on the Rangers, they would need to lose by no more than 1 goal for you to win your bet.<\/p>\n\n\n\n With over\/under odds, you bet on whether the total number of goals scored in the game will be more or less than the number indicated.<\/p>\n\n\n\n For example, let’s say that the Bruins are playing the Rangers, and the over\/under odds are as follows:<\/p>\n\n\n\n Over 5.5 goals (-110)<\/p>\n\n\n\n Under 5.5 goals (-110)<\/p>\n\n\n\n In this example, you would need to bet $110 on the over to win $100, or you could bet $110 on the under to win $100.<\/p>\n\n\n\n If you bet on the over and there were six or more goals scored in the game, you would win your bet. If you bet on the under and there were five or fewer goals scored in the game, you would win your bet.<\/p>\n\n\n\n With prop bets, you bet on whether or not something will happen during the game.<\/p>\n\n\n\n For example, let’s say that the Bruins are playing the Rangers, and the prop bet is as follows:<\/p>\n\n\n\n Will there be a fight in the game?<\/p>\n\n\n\n Yes (+150)<\/p>\n\n\n\n No (-200)<\/p>\n\n\n\n In this example, you would need to bet $200 on the no to win $100, or you could bet $150 on the yes to win $100.<\/p>\n\n\n\n If you bet on the yes and there was a fight in the game, you would win your bet. If you bet on the no and there was no fight in the game, you would win your bet.<\/p>\n\n\n\n With futures bets, you bet on which team you think will win the Stanley Cup<\/a> before the season starts.<\/p>\n\n\n\n For example, let’s say that the Bruins are playing the Rangers and the Stanley Cup odds are as follows:<\/p>\n\n\n\n Boston Bruins (+700)<\/p>\n\n\n\n New York Rangers (+1000)<\/p>\n\n\n\n In this example, the Bruins are favoured to win the Stanley Cup, and the Rangers are expected to lose.<\/p>\n\n\n\n If you bet on the Bruins and they won the Stanley Cup, you would win your bet. If you bet on the Rangers and they lost the Stanley Cup, you would win your bet.<\/p>\n\n\n\n When it comes to betting on hockey, you can do a few things to increase your chances of winning.<\/p>\n\n\n\n First and foremost, you need to make sure that you understand the game and the various factors that can affect the outcome of a match. This includes understanding the importance of faceoffs, power plays, and special teams’ play.<\/p>\n\n\n\n Additionally, you need to be aware of the strengths and weaknesses of each team, as well as the overall style of play for each squad. Considering all of these factors, you can give yourself a much better chance of placing successful bets on hockey games.<\/p>\n\n\n\n Another important tip for increasing your chances of winning when betting on hockey is shopping for the best lines and odds. Sportsbooks offer different lines and odds on hockey games, so comparing a few options is important before placing your bets. This will ensure you’re getting the most bang for your buck, which could ultimately lead to bigger profits.<\/p>\n\n\n\n Finally, setting aside a budget for your hockey betting activities is also a good idea. Doing so can avoid risking more money than you can afford to lose and keep track of your overall profitability. If you stick to your budget and bet responsibly, you should be able to increase your chances of winning when betting on hockey games.<\/p>\n\n\n\n A puck line is a type of bet that combines the Moneyline with a point spread. The favourite will have a negative puck line (-1.5, -2.5, etc.), while the underdog will have a positive one (+1.5, +2.5, etc.). This means that the favourite must win by more than the indicated number of goals for a bet on them to win, while the underdog must lose by less than the indicated number of goals or win the game outright for a bet on them to win.\t\t<\/div>\t<\/div><\/div>\n A totals bet is a type of bet where you are wagering on the total number of goals that will be scored in the game by both teams combined. The sportsbook will set a number, and you can bet either over or under that number. For example, if the total is set at five goals and you bet the over, you are betting that the final score will be six or more goals. If you bet the under, you are betting that the final score will be four or fewer goals.<\/p>\t\t<\/div>\t<\/div><\/div>\n OT stands for overtime and indicates whether a game will go into overtime or not. If the OT indicator is present, you are betting on whether the game will go into overtime or not. If the game goes into overtime, the bet will be a push (neither the bettor nor the sportsbook wins or loses).<\/p>\t\t<\/div>\t<\/div><\/div>\n SO stands for a shootout and is used to indicate if a game will go into a shootout or not. If the SO indicator is present, it means that you are betting on whether the game will go into a shootout or not. If the game goes into a shootout, the bet will be a push (neither the bettor nor the sportsbook wins or loses).<\/p>\t\t<\/div>\t<\/div><\/div>\n Prop bets are special types of bets that can be placed on various things that can happen during a hockey game. For example, you could bet on how many goals a specific player will score, which team will score first, how many penalty minutes will be accrued, etc.<\/p>\t\t<\/div>\t<\/div><\/div>\n Futures bets are bets that can be placed on events that will happen in the future. For example, you could put a bet on which team will win the Stanley Cup or who will win the MVP award.<\/p>\t\t<\/div>\t<\/div><\/div>\n A teaser bet is similar to a parlay in that it combines two or more bets into one single bet. However, unlike a parlay, you can adjust the point spread or total in your favour when placing a teaser bet. For example, if you have a two-team teaser bet and one team is favoured by two goals while the other is favoured by 1 goal, you can adjust the point spread in your favour so that both teams are now only favoured by 1 goal. This makes it easier to win the bet but also lowers the payout.<\/p>\t\t<\/div>\t<\/div><\/div>\n A pleaser bet is similar to a teaser bet in that it is a combination of two or more bets into one single bet. However, unlike a teaser bet, you adjust the point spread or total against you when placing a pleaser bet. For example, if you have a two-team pleaser bet and one team is favoured by two goals while the other is favoured by 1 goal, you can adjust the point spread against you so that three goals now favour both teams. This makes it harder to win the bet but also increases the payout.<\/p>\t\t<\/div>\t<\/div><\/div>\nBookmakers with the Best Hockey Odds<\/h2>\n\n\n\n
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What are hockey betting odds, and how do they work?<\/h2>\n\n\n\n
The different types of hockey bets that are available<\/h2>\n\n\n\n
How to read and understand hockey betting odds<\/h2>\n\n\n\n
Moneyline Odds<\/h3>\n\n\n\n
Puck Line Odds<\/h3>\n\n\n\n
Over\/Under Odds<\/h3>\n\n\n\n
Proposition (Prop) Bets<\/h3>\n\n\n\n
Futures Bets<\/h3>\n\n\n\n
Tips for increasing your chances of winning when betting on hockey<\/h2>\n\n\n\n
Hockey Odds FAQs<\/h2>\n\n\n