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In the exhilarating world of Canadian sports betting, ice hockey stands out as a national passion, with the NHL being the pinnacle of this excitement. From the iconic Toronto Maple Leafs to the storied Montreal Canadiens, the fervor for hockey runs deep. As a result, ice hockey odds have become a significant part of the sports betting landscape in Canada, and for this reason, Casinohall has taken the initiative to bring together Canada’s top sportsbooks that offer you the best betting odds.
How Ice Hockey Odds Work
Understanding ice hockey odds is essential for engaging in sports betting, especially in the NHL. These odds indicate the likelihood of various outcomes in a game. For instance, if the Vancouver Canucks have odds of +150 against the Calgary Flames at -130, this means the Flames are favored to win.
A successful C$100 bet on the underdog Canucks would yield a C$150 profit, while you’d need to bet C$130 on the Flames to win C$100. These odds are not just numbers; they reflect the perceived strengths and weaknesses of the teams and understanding them is key to making informed betting decisions.
Today’s NHL Betting Odds
Live odds in NHL betting offer real-time wagering opportunities as the game unfolds. They allow bettors to place bets based on the current action, making the experience more engaging and dynamic. The Casinohall team offers Live Odds for ice hockey so that you can track the progress of the wagers you’ve placed in real-time.
Popular Ice Hockey Bets and Odds
In ice hockey betting, understanding the difference between single and multiple bets is crucial. A single bet involves placing a wager on one specific outcome within a game. For instance, you might bet on the Montreal Canadiens to win their next match. This is a straightforward approach, focusing on just one event.
Conversely, multiple bets combine several selections into one wager. Each selection within a multiple bet must be successful for the bet to pay out. This type of bet offers higher potential returns due to its accumulative nature but carries more risk. For example, you might bet on the Minnesota Wild, Ottawa Senators, and Vancouver Canucks all to win their respective games in a combined bet.
Both single and multiple bets offer unique ways to engage with NHL betting for beginners and experienced bettors in Canada.
Moneyline odds
Moneyline odds in ice hockey betting are straightforward: you bet on which team you think will win the game. For example, if the Edmonton Oilers are listed at -120 against the Ottawa Senators at +100, the Oilers are the favorites.
This means you would need to bet C$120 on the Oilers to win C$100. On the other hand, a C$100 bet on the underdog Senators would yield a C$100 profit if they win. Moneyline bets are a popular choice for both beginners and seasoned bettors in Canada due to their simplicity and direct approach to betting on the outcome of NHL games.
Goals total over/under odds
Goals total over/under odds in ice hockey betting involve predicting whether the total goals scored by both teams in a game will be over or under a specified number. For instance, in a game between the Calgary Flames and the Winnipeg Jets, the over/under might be set at 5.5 goals. If you bet ‘over,’ you win if the total goals scored are 6 or more. If you bet ‘under,’ you win if the total is 5 or fewer.
This type of bet is sought after among bettors in Canada as it adds an element of analysis and prediction about the game’s overall scoring, rather than just the outcome.
Correct score odds
Betting on the correct score in ice hockey is about predicting the exact final score of a game. This type of bet is challenging yet potentially rewarding, as it requires precise prediction. For example, if you bet on the Toronto Maple Leafs to beat the Vancouver Canucks with a score of 3-2, you would need that exact result to win your bet.
This betting style is appealing to Canadian bettors as it offers the chance for higher payouts due to its specific nature, however, it is a type of bet that involves high risk, thus making it less popular.
Live betting odds (in-play betting)
Live betting odds, also known as in-play betting, in ice hockey allow bettors to wager on games as they are happening. This dynamic form of betting provides odds that change in real time based on the current state of the game.
For example, during a match between the Montreal Canadiens and the Edmonton Oilers, you might place a live sports bet on who will score the next goal or what the score will be by the end of the current period. Live betting is popular among Canadian bettors for its immediacy and the ability to leverage current game developments into potentially profitable bets.
Puck Line Odds in Ice Hockey
Puck Line odds in ice hockey are similar to point spread betting in other sports. This type of bet involves a set number of goals that the favored team must exceed for a bet to win. For example, if the Ottawa Senators are -1.5 on the Puck Line against the Calgary Flames, the Senators need to win by at least 2 goals.
On the other hand, a bet on the Flames at +1.5 means they can lose by 1 goal or win outright for the bet to be successful. This adds an exciting dimension to betting, popular for its blend of risk and strategy.
NHL Game / Player Prop betting odds
Game/Player Prop betting odds offer specialized and engaging wagers. Player props include bets on specific achievements like a player scoring the first goal, total assists, or goalie saves.
Game props, on the other hand, focus on game-specific outcomes such as the total goals in the first 10 minutes, the highest scoring period, or if there will be overtime. These bets allow for detailed predictions on various aspects of the game, appealing to both beginners and seasoned bettors who enjoy a more nuanced approach to NHL betting.
Team props
Apart from the game/player props, team prop bets in ice hockey focus on the performance of a team rather than individual players. These bets can include wagering on which team will score first, the total number of goals a team will score, or if a team will win by a certain margin. For instance, you might bet on the Edmonton Oilers to score over 3.5 goals in a game or the Montreal Canadiens to be the first team to score.
NHL Parlays
NHL Parlays involve combining multiple individual bets into a single larger bet. The key to a parlay is that all the selected bets must win for the parlay to pay off.
For instance, you could place a parlay bet on the Ottawa Senators, Toronto Maple Leafs, and Montreal Canadiens all winning their respective games. If all three teams win, the parlay bet is successful, offering a higher payout due to the combined odds. However, if even one team loses, the entire parlay bet fails. Parlays are a favorite among Canadian bettors for their potential for higher returns, but they require accurate predictions across multiple games.
NHL Futures Betting Odds
NHL Futures Betting Odds allow bettors to place wagers on significant events and achievements that will be determined in the future, like the Stanley Cup winner, conference and division winners, and the President’s Trophy.
You might bet on the Colorado Avalanche to win the Stanley Cup or predict the total number of regular season wins for the Washington Capitals. Futures betting also includes wagers on whether a team will make or miss the playoffs, offering long-term engagement and the potential for substantial payouts. The forward-looking nature and the deep understanding of the league make futures betting odds very popular among Canadian players.
Specials
Special bets in hockey add an exciting layer to betting, focusing on specific achievements or outcomes. These can include bets on which player will assist in a goal, the player who will record the most points in a regular season, or what teams will score the most goals throughout the regular season.
These types of bets allow for a more personalized betting experience, catering to those who have a deep understanding of players’ abilities and team dynamics. They offer a unique way for Canadian bettors to engage with the game, focusing on specific players or team performances rather than just game outcomes.