May 21, 2024

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Types of NHL Bets

Moneyline Bets

Moneyline bets are the simplest and most popular form of betting in the NHL. This type of bet involves picking the team you believe will win the game outright. Each team is assigned odds – a positive number for the underdog and a negative number for the favorite. For example, if the Boston Bruins are -150 favorites against the Toronto Maple Leafs, you would need to wager $150 to win $100 on a Bruins victory. On the other hand, if you believe the Maple Leafs will win, a $100 bet would yield a profit of $130 if they are victorious.

Puck Line Bets

Puck line bets are similar to point spread bets in other sports. In these bets, the oddsmaker assigns a certain number of goals as a handicap for the favorite team. The favorite will have to win by more than this set number of goals for a puck line bet on them to be considered a winner. Conversely, the underdog can lose by fewer goals than the set number or win outright for a puck line bet on them to pay out. Puck line bets can provide a more balanced playing field and often offer higher payouts than moneyline bets. Access this interesting content this external site to expand your knowledge of the subject. NHL Betting Picks!

Types of NHL Bets 1

Over/Under Bets

Over/under bets, also known as totals bets, focus on the total number of goals scored in a game by both teams. The oddsmaker sets a number and bettors then have the choice to wager on whether they believe the actual number of goals scored will be over or under that set number. For instance, if the over/under is set at 5.5 goals and you bet the over, you are betting that the total goals scored in the game will be 6 or more. If you bet the under, you are betting that the total goals scored will be 5 or less.

Parlay Bets

Parlay bets involve combining two or more individual bets into one. In order for a parlay bet to be considered a winner, all the individual bets within the parlay must hit. Parlay bets offer the potential for larger payouts but are also riskier since all of the individual bets must be correct. For example, you could create a parlay bet by combining a moneyline bet on one game, a puck line bet on another, and an over/under bet on a third game.

Futures Bets

Futures bets are long-term bets that are typically placed before the start of the season or playoffs. These bets allow you to wager on outcomes that will be decided at a later date, such as which team will win the Stanley Cup or which player will win the Hart Trophy for the league’s most valuable player. Futures bets often offer high payouts but require patience as they tie up your money for an extended period of time.

Overall, there are a variety of NHL bets available to suit different preferences and strategies. Moneyline bets are straightforward and popular, while puck line bets offer the opportunity for higher payouts. Over/under bets focus on the total number of goals scored in a game, parlay bets combine multiple individual bets for a chance at a larger payout, and futures bets provide the opportunity to wager on long-term outcomes. Understanding the different types of NHL bets allows bettors to diversify their strategies and increase their chances of success. Looking to delve further into the topic? NHL Betting Picks, we’ve crafted it just for you. In it, you’ll discover useful details to broaden your understanding of the subject.