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The Latest NHL Betting Odds will keep up with every game of the season, giving you massive number of opportunities for wagering in the game of hockey. Through many online sportsbokoks, players will find that there are an incalculable number of NHL betting odds to be had, and many of these will be found through our sportsbooks. Any sportsbook worthwhile will cover the latest NHL betting odds, and our commitment to quality ensures that only the best sportsbooks will be found. As we have demonstrated, you are covered in the Latest NHL betting Odds in every sportsbook we have to show you.
2012 Stanley Cup Playoffs Results/2013 Odds
The Los Angeles Kings won the 2012 Stanley Cup over the New Jersey Devils, as we go into the offseason until picking it up next year. 2013 Stanley Cup Futures odds have already been formed, so be sure to check them out below. IT’s the Pittsburgh Penguin who lead the way.
Types Of NHL Betting Lines & Odds
All sports come with a variety of different betting types, and the NHL is no different. Wagering on the NHL is as exciting as watching games themselves, as the action goes back and forth through a variety of different lines. Everything from the spread to the moneyline can be wagered, with some more exotic bets as well. We have explained the basic betting types, as well as some of the more exotic bets that make wagering on hockey as entertaining as possible. Provided you know enough about hockey to make accurate wagers you will be able to clean up on these lines, especially if you know what you’re doing.
Betting the Spread – The point spread is one of the more entertaining lines in all of hockey, considering most games come with a very narrow margin of points. The spread generally does not come with a very wide split in points because of this, but there are too many variables that can make this bet a difficult wager. Spreads are set to put each team on relatively even footing. The favored team will have to win by a certain amount of points, while the underdog will have to lose by a certain amount of points. For example, one team is set at -2.5, with the other at +2.5. The favored team essentially starts with -2.5 points, and they will have to win by 3 or more to cover the spread. The underdog, on the other hand, will have to keep the margin under 2.5 points in order to cover the spread.
In a real world example, let’s take a game between the Pittsburgh Penguins and the Washington Capitals. If the Capitals are set at -1.5, the Penguins would be set at +1.5. If the game ends Capitals 4, Penguins 2, then the Capitals have covered the spread. Had they won 3-2, the Capitals would have not covered the spread, causing the bet to be a failure. This would have caused those who bet on the Penguins to win the bet. If the Penguins had won the game, then they would have also won against the spread. Note that the spread is sometimes called the puck line through the occasional online sportsbook.
Betting the Moneyline – The money line is the easiest type of wager in all of sports betting. There are no complexities and barely any mathematics involved. In contrast to the spread, the score has nothing to do with the moneyline. Instead, you will be wagering on who you think is going to win the event straight up. These odds will pit two teams together in order to determine who will win the event without any variables. This is the line that inexperienced bettors will want to play with, as it does not require you to do anything other than look at the odds themselves.
With the moneyline, you will generally have your odds laid out in the “American” format, though you can also have fractional and decimal odds played out. For the sake of the example, let’s say the Canucks are going up against the Bruins. The Canucks will have odds of -250, while the Bruins are set at +400. The Canucks are the favorite, and you will have to bet $250 to win a profit of $100 on top of your initial wager. The Bruins, however, will pay $400 for every $100 wagered, as they are the underdog going into the event. Remember that the lower the number, the better the chances of that team winning the event.
Betting the Total or the Over/Under – The total score bet, also known as the over/under in a colloquial sense, is one of the more exciting wager line. Rather than betting on one particular team, you are betting on the total score of both teams combined. The over/under is not that much different than the spread. You will be presented with the projected total, and you will have to lay money on whether or not the two teams will fall short or surpass the projected limit. The total is generally set with a half point increment in order to avoid a push.
For our example with this type of bet, let’s take the Montreal Canadiens and the New York Rangers. Oddsmakers have set the the total at 4.5 points. If the Rangers score 3 points and the Canadiens score 2, than the total is 5 and the “over” is a win. Conversely, if the Canadiens score 2 and the Rangers score 1, the total is 3 and those who bet the under are the bettors who won the event. The total score generally has even payouts on both sides of the bet, making this one of the more lucrative bets.
Other Types of NHL Betting Odds
NHL Future Bets – Outside of parlays, there are few wagers that pay out as high as futures. Futures are easy to understand – they pertain to events that are occurring in the future, generally several months away. These futures will generally be put out before the season begins. These futures will generally debate who will win the Cup, win their division, or win a conference. Sometimes, the more specific lines, such as those who will win the conference or division will not come until the season has already begun to unfold or the playoffs are coming closer to beginning.
Let’s take an example. For the 2011-2012 season, the Vancouver Canucks were set as 7/1 odds to earn the Stanley Cup. This made them the favorite going into the event. The Penguins were just behind them, with odds of 8/1 to win the event. The New York Islanders held 75/1 odds of winning the Stanley Cup, making them the least likely to take Lord Stanley’s Cup coming into the season. These odds are subject to change as the season unfolds, and they generally do not close until the final leg of the playoffs draws near.
NHL Player Prop Bets – Proposition bets add a whole new level of excitement to betting on hockey. With player props, you will be betting on what certain players will do throughout a game, a series, or the entire season. How many goals a player will score throughout the season, the end of season block percentage of a goaltender, or even who will have the highest number of hits could be the basis of these bets. Rather than tracking a team’s performance or the outcome of a game, these odds simply put individual players as the subject of the betting line.
One example of this bet would be over how many goals a heavy scorer will make in a season. The oddsmakers may take a total, as with an over/under bet, and ask whether or not the player will go over or under that limit. For instance, they may ask if Sidney Crosby will make it past 40 goals in the regular season. If he breaks the 40 goal mark and you bet the over, then the bet is a win. If he goes under 40, then the bet is a loss unless you bet under 40. These props are generally broken down by individual game rather than across the season, though the playoffs are somewhat different.
NHL Team Prop Bets – The other type of prop bet that is very common is that of team props. Team props will set odds on an occurrence between two teams. These will let you gauge each team’s performance in specific actions. Anything can really be the subject of these betting lines, and this is what adds to the excitement. While you may not grow wealthy off of these lines, they offer you something to cheer for outside who will win the game.
Tampa Bay Lightning vs. San Jose Sharks – Team To Score First
Tampa Bay Lightning -110
San Jose Sharks: +200
In this example, the Lightning are expected to make the first point on the board. In the event that Tampa Bay sinks the first goal, those who bet on them will receive their payout. Should the Sharks manage to score, in spite of being the expected underdog, then that bet will win. No matter how long it takes for the goal to be scored, be it in the first period or the third, this bet will make a winner out of those who accurately guessed the team to win.
Philadelphia Flyers – Number of Goals Scored in the Second Period
Over 1.5 +200
Under 1.5 -105
This example differs in that only one team is subject of the betting odds. The odds are straight forward. You will have to bet on how many goals you think the Flyers will manage to pinch in the second period. If they are facing a team with a weak defense, or if the Flyers have been forcing penalties out of their opposition, then the over is your best choice. If the Flyers are getting shut down, then it would be a dangerous bet to go the over in this example. Depending on the spread, this bet could even be a solid choice for placing a parlay.