Rookies don’t have to fret when learning about hockey betting since it is very similar to other sports betting in many respects. This is because the money line used here is the same in other sports. Online hockey gambling odds usually involve money lines and totals as part of the NHL betting odds. The money line in hockey gambling is pretty much the same as the money line in other forms of sports betting. With this type of hockey bet, you’re putting money down on who you think will win the game outright against the hockey odds. This also means that it would be very simple and easy to understand if you are already a sports-betting enthusiasts.
Hockey Betting Money Line Example
Detroit Red Wings +150
San Jose Sharks -150
The Sharks are obviously favored in this hockey betting line so to win $100 on the Sharks, you would have to bet $150 for this game. On the other hand, you can win $150 on the Red Wings for your $100 wager if the Red Wings won this hockey bet. The reason for that is because the Red Wings is an underdog team, hence bookmakers think that the odds are against them when it comes to victory.
Betting on the underdog is quite risky but with enough research and information, betting on them is definitely a lucrative betting strategy. It is always advised that bettors should find a reason to put their money on the underdog.
These hockey odds are based on $100 hockey bets but can be used as any equivalent all the way down to $10 as you are betting on hockey against the Hockey odds. The other main pro hockey betting option is the over/under in hockey betting.
When it comes to the over/under sunwin in hockey betting, you are betting on hockey gambling goal totals. These totals vary from game to game with hockey betting odds.
An example range would usually appear as below:
From 4.5 to 7 goals in hockey betting odds.
Commonly you will see 5, 5.5 or 6 as the over/under on the betting line. Playoff and Stanley Cup games tend to be lower scoring and it is those games that may have the occasional 4.5 as a total in NHL betting odds or NHL Vegas odds.