How Does Hockey Betting Work?
A few common types of hockey bets include moneyline, puck line, totals, and parlays.
Betting on the moneyline is the most common type of betting in hockey. When betting on the moneyline, players pick who they think will win the game. For this type of bet, the team favored to win is usually listed with a negative amount (ex. -$108) and the underdog is listed with a positive amount (ex. $110). In this case, if someone bet $100 on the underdog and were correct, they would earn a profit of $110. However, they would need to bet $108 on the favored team to earn a profit of $100. People strategically pick and choose games to bet on the underdog in hopes of earning a higher payout.
A puck line bet is made based on how many goals a team is expected to win or lose by. In the NHL, puck line bets are usually made on a standard of plus or minus 1.5 goals. The favored team is given a -1.5 goal disadvantage while the underdog is given a +1.5 goal advantage. This means that when you bet on the favored team, they must win by two or more goals to win the bet. If you bet on the underdog, they must lose by no more than one goal to win the bet. For example, if you bet on the underdog team and the puck line was +1.5(-230), if they lost by no more than one goal or even won the game, a $230 bet would earn a profit of $100.
A totals bet is made based on the predicted total number of goals scored in a game. These bets are placed either over or under a certain number of total goals. For example, the total could be 3.5 goals with an under of -130 and an over of +110. In this scenario, if a $130 bet was placed on the under (3 goals or less) and was correct, the bet would earn a $100 profit. On the other hand, if a $100 bet was placed on the over (4 goals or more) and was correct, the bet would earn a $110 profit.
A parlay is a bet that requires several outcomes to occur in order to win. For example, a parlay bet may be made on two different teams playing the same night. If both teams win their respective games, the parlay bet hits and earns money. However, if only one of the two teams wins, the bet is lost and no money is won. Parlay bets are riskier than many other types of bets but since they have lower odds of success, they generally provide higher payout amounts.
What is the 60 minute line?
A 60 minute line bet is similar to the moneyline because it is made based on who you predict to win the game. However, the 60 minute line only includes the three periods of regulation game time. The score at the end of period 3 determines the success of the bet. When betting the 60 minute line, players can choose one team or the other to win or a tie at the end of the 60 minutes.
What is a Grand Salami bet in hockey?
A Grand Salami bet is made based on the total number of goals expected to be scored in all the hockey games on a given day. The bet predicts whether the total amount of goals will be over or under the line for that day. On most days, the total amount of goals scored ranges from 40 to 50 goals. Since the bet includes many games, players often consider a number of different factors when placing their bets.
Does overtime count in ice hockey betting?
Yes, overtime is generally counted in ice hockey betting unless stated otherwise. Shootouts also count for certain types of bets and will be explicitly stated if not counted in the betting guidelines beforehand. Therefore, only the final score of the game is usually counted towards the bet. However, if a 60 minute line bet is made, the score at the end of regulation is used to determine the outcome of the bet.