Monelyine Wagers And NHL Betting

As you probably know, Hockey, or more specifically hockey as played on the professional level through the National Hockey League (NHL) is not so popular on the sports betting scene. In fact, in the United States, hockey ranks a distant number four amongst all the major sports. That being said, a savvy sports bettor may be able to use this relatively lower public interest to make a profitable sports wager.

First, do keep in mind that when searching around for sports books to place an NHL wager you will most likely find lower betting limits. This is nothing more than the sports book tacit acknowledgment that they are not quite as comfortable accepting an NHL bet compared to say an NBA or NFL game.

Nevertheless, with a little bit of homework ahead of time, you can actually make a smart wager. The first place you will want to begin is to make sure you have a good handle on the money line. The reason is simply that the money line is the most common wager placed on NHL games.

Recall that a money line is actually used on quite a few sports where the point spread is not so important. For example, other sports that use the money line wager include boxing, tennis, auto racing, even baseball and of course, hockey as being discussed here. In essence, the money line is the simplest of all wagers to place.

A moneyline bet is only concerned with picking a winner. There is no need to forecast a point spread as you would in an NBA or an NFL game. Simply pick the winning team. If you are correct, collect your winnings and come back another day. That’s all there is it to it.

That being said, it is certainly true that beginners to NHL betting may be confused at first when attempting to place a moneyline bet. This is due to the way that the odds are displayed. You see, sportsbooks display moneyline odds with plus and minus markers. These markers indicate which team is the favorite and which team is the underdog.

Take a look at this example: suppose you have team A playing against team B. The odds may be displayed this way: +A and -B. This means, that team A is actually the underdog while team B is the favorite. Be careful here, some newcomers read this display exactly backwards.

Aside from knowing how to read the odds, placing a moneyline bet is straightforward and easy. Take a look at the odds, place your wager and that’s really all there is to it.

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