NHL Betting Odds & Lines for Canada

By: Russell Potvin

sports betting canada nhl hockey

The National Hockey League is the second oldest of the four main sports leagues in North America. Currently, the NHL comprises of thirty clubs with players from over twenty countries being represented. Founded in 1917, it attracts huge fan interest year after year with over 100 million hockey enthusiasts in Canada who select odds to bet on hockey using strategy, tips, and trends to form their picks in hopes of selecting the winner of the Stanley Cup. Most will enjoy its in-arena seasons via television partners such as ASN, NASN, CBC, RDS, TSN, NBC and radio including XM Canada, NHL Radio, and XM Radio. The hockey leagues charity support, called the NHL Foundation, raises funds for both NHL Youth Development and Cancer awareness, while it also supports NHL players' charitable efforts.

Sports Betting Odds

Betting on the NHL odds are the betting line formed during season matches such as the Stanley Cup, the odds are made up at the start of the day and can change based on the team's performance or other factors. When viewing hockey chances, the first column will relate to the money, as is the second with both relating to the amount you will win should those teams win. The last of the three columns will relate to the amount won if both of the chosen teams score more than what the odds are showing.

Lines for NHL Bets

Reading Canadian bet on NHL odds is easy. If a team name is displayed with an "o4" it would mean that the set goals is 4. The number indicated next to the team's name would mean that you bet that less than the set number of goals will be achieved.

NHL Hockey Spreads

When odds are displayed with -110 on both teams the makers made a prediction that the match can go either way. For example, if Detroit was displayed with a -1 + 270 and Chicago with a +1 -330, a bet on Detroit would mean betting that they will win by two or more goals due to the - 1 and huge odds of +270. An example if this would be if Chicago displayed -330 and +1, it would require the punter to risk more cash, although a wager on the puck would mean even if they lose by a score of 2-1, you win as they scored a goal.

Betting on the NHL Explained

Hockey is a hugely popular sport due to its fast-paced action. It's followed by millions, and in a regular season there are up to 82 games, plus the playoffs take place, and that offers sports bettors and oddsmakers a wide range of opportunities. The NHL offers several different chances formed throughout the season. To enjoy all the betting options available to bet on hockey, it is necessary to understand the rules of the game, bet on NHL odds, and other betting basics.

  • Point spread: During the week leading up to a scheduled game the NHL goal line is set, this type of spread is normally fixed per game, and unlike NBA goals, the NHL line or point spread is a set number of 1.5. The team set to cover the goal line is normally the one considered to win the game, and in most games, the team selected as the one to score the goal are not always the one considered the most likely to cover the spread. The reason is, is that a tie decides most hockey matches or one goal and payouts based on the goal line varies drastically showing you the massive discrepancy between the selected team expected to win by two or more goals and the team that can lose the game by a goal.
  • Over/Under: The game line set is the goal total betting line based on the goals need and odd makers research, other systems, and analysis both teams and based on this the over/under goal total is set for the game. The bet is based on the scoring total of the game and whether is lower or higher than the prediction set by the odd makers.
  • Money Line: Every NHL match is also installed with a money line as with a goal line, and this is a wager that is straightforward, placing bets take place on the team the punter found favorable to win the game and there is no spread involved.
  • Futures: The NHL is the most attended ice hockey league and a bet placed on an event that is scheduled in the distant future is called "future bet." A future bet is a popular option for sports fanatics who are interested in giving their team a vote of confidence across all the games or matches set for the season. Fans who are confident that their predictions are on par can vote in advance by using the future bet online option.

Bet on NHL Hockey

Sports fans can enjoy both sports action and win great rewards by following their favorite team closely. Most Canadian online sports sites provide team histories and stats, which enables even new punter to find their way much easier. Once all team progress and performances are taken into account veteran players each, have their own strategy used to determine which team will win the next match and most can predict the trends at the start of a season.

A wide variety of sport betting sites are now available online, and, once punters find a trustworthy site that is regulated and licensed via a reputable jurisdiction, the benefits come in handy for all sports fans. Benefits include regular score updates, live betting, excellent hockey betting odds on matches, regular promotions, and prompt payouts.

What are the Stanley Cup Odds for 2017

The Stanley Cup in 2016 was won by the Pittsburgh Penguins, and it is no surprise that they are favored to win the cup in 2017. This is not a blind eye prediction but one based on many factors such as stats, the players, etc. The Washington Capitals and Chicago Blackhawks are close behind are the St Louis Blues. Yet, the Penguins are a tough team to compare to and expectations are high with bookmakers placing them in the favored position.

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