NHL money lines betting is a popular betting line in hockey. If you’re a US fan of betting on the National Hockey League (NHL), the money line bet is a good option to go for when looking for NHL lines. It’s a great betting option for both beginners and season American bettors, as it both requires a bit of skill like having knowledge about the competing teams and a bit of luck as hockey can be an entertaining and unpredictable sport.
This leaves you with a lot of questions to consider when placing a money line bet. Because of hockey’s unpredictability, should US bettors go with the underdog or stick with the favorite? Is an NHL money lines bet worth it in terms of payouts? Which hockey betting tips do you need to keep in mind when playing the money line bet? These are some of the questions we’ll be exploring in this NHL money lines betting guide for US bettors.
US Sportsbooks for NHL Betting
Below are some of the best American-friendly sports betting sites that have great odds on NHL money lines.
What you’ll find in this NHL money lines betting guide:
The money line bet is considered as one of the simplest bets to make when it comes to betting on sports. Basically, in this NHL line, you’ll be wagering on who the outright winner of the match will be. If you pick the right team to win, you win your bet. However, it’s important to note that between the two teams US bettors will be picking, NHL money lines don’t pay the same amount.
The two teams you’ll be wagering on are known as the favorite and the underdog.
- The favorite team is considered the one most likely to win by oddsmakers. They’re usually the better performing team with a strong track record, have super star players, and have the home ground advantage. When looking at NHL lines, in the money line bet, the favorite will have a negative sign (-) before the odds, for example: Team A -150.
- On the other hand, the underdog team is considered the weakest team of the two. Based off their previous performances and seasons, oddsmakers rate that they have the lowest chances of winning. When looking at an NHL money line, the underdog will have a positive sign (+) before the odds. For example, Team B +145.
So, if a US bettor wagers on Team B to win, they’ll get more money than if they had bet (and won) on Team B. If you bet on Team A, you would have to wager $150 to win $100. Alternatively, if you bet on Team B, you would walk away with $145 from a $100 bet.
Check out our guides on betting on the NHL:
Given the exciting and often unpredictable nature of hockey so going in with a strategy is not only good but highly recommended. The season is long with an intense schedule to keep track of. Multiple games are played in a night meaning that sportsbooks spend little time calculating the odds for the NHL lines compared to other popular sports like football or basketball. Therefore, hockey betting ends up giving the best value for money for American bettors. For our expert’s top NHL money line betting tips, check out the list below:
- Avoid huge favorites. If a team’s odds are at -300, try avoid them. Losing a wager this size means you’ll be chasing serious ground.
- Go for the slight favorites and underdogs when betting on NHL money lines.
- Take advantage of the lower betting limits. Because of the lower level of attention to setting NHL odds, sports betting sites generally accept lower bets than in other sports