While hockey is only the fourth most popular of America’s sports, it’s very popular among betting enthusiasts. What betting types are available for NHL, and what do those betting types mean?
There are nine main NHL betting types, which include moneyline, over/under wagers, puck line bets and proposition wagers. Other popular betting types for NHL are point spread, regulation time, parlay bets, the grand salami and first period betting.
A moneyline wager is a bet on which team will win outright and is the most common type of NHL betting. As with other sports, there is an over/under total for each game, so punters can bet on whether the number of goals recorded between the teams will go over/under the set total. Puck line bets work by enabling you to choose either the favorite or the underdog of the puck line.
Regarding NHL odds, the point spread works by betting with books that offer point spread bets with different numbers such as 2.5 or 3.5, which come in addition to the standard puck line bets. When you decide on a regulation time wager, you pick between betting on the favorite or the underdog.
They pay off if the underdog wins or the game goes into overtime, regardless of the result. You can also opt for parlay bets, in which two more sides are chosen, but the wager pays off only if all the selections win.
There are also proposition wagers, which are amounts wagered on things that are not the outcome of the game, such as which team will be first to score; the grand salami bet, which is unique to hockey; and first period betting, which is simply based on the first 20 minutes of play.