What is hockey betting?

NHL

Ice hockey is a popular sport for betting, accounting for 5% of global sports betting market with the NHL being a prominent league. NHL games have an average attendance of 17,460 and currently consist of 31 teams. As of 2020, the NHL revenue was $4.54 billion, with a significant portion coming from sports betting.

Stanley Cup

Hockey, also known as ice hockey, is a popular sport that involves two teams competing to shoot a puck into the opposing team’s goal using hockey sticks. Hockey betting has become a popular form of online gambling in recent years, with fans of the sport placing bets on which team will win a particular game or even the entire season. One of the most coveted prizes in hockey is the Stanley Cup, which has been awarded to the top professional hockey team in North America since 1893. The Stanley Cup is named after Lord Stanley of Preston, Canada’s Governor General at the time, who donated the trophy to be awarded to Canada’s top amateur hockey team. Today, the Stanley Cup is awarded to the winner of the National Hockey League’s playoff tournament. The Montreal Canadiens hold the record for the most Stanley Cup championships won, with 24 championships. The Toronto Maple Leafs and the Detroit Red Wings follow with 13 and 11 championships respectively.

Puck Line

Puck Line is a common term in hockey betting that refers to a type of point spread wager. This bet requires a team to win by a margin of more than 1.5 goals for a bettor to win their bet. Puck Line betting is becoming increasingly popular as the global market for hockey betting continues to grow. Currently, there are 32 NHL teams that hockey bettors can place bets on. According to Statista, the global hockey betting market is worth $7 billion. While Puck Line bets can offer higher payouts than standard moneyline bets, they come with a lower probability of winning. TeamRankings reports that the win percentage for Puck Line bets in the NHL is only 43%.

Money Line

Hockey betting is a popular form of sports betting, with over $2 billion bet on the NHL alone in recent years. One common type of hockey bet is the “Money Line,” where bettors simply pick which team they think will win the game. According to recent data, 47% of NHL bettors choose to bet on the Money Line, and these bets account for 57% of all NHL wagers.

Over/Under

Hockey betting involves making wagers on the outcome of a hockey game. “Over/Under” betting is a popular type of hockey bet, where bettors predict whether the total number of goals scored in a game will be over or under a set number. This type of bet is offered by over 25 online sportsbooks and receives an average of 17,100 monthly online searches. The typical odds for “Over/Under” hockey betting are -110.

Odds

Hockey betting refers to when individuals place bets on hockey games. In 2020, the total betting revenue for hockey was $1.6 billion, which represented 6% of total betting revenue for sports. When betting on hockey, individuals can place bets on a variety of outcomes including the winner of the game, the score at halftime or full-time, and the total number of goals scored. These bets can be made online or in-person at sportsbooks. It is important for individuals to be informed about the teams and players before placing bets. (Source: American Gaming Association)

Futures

Hockey betting is a popular form of sports betting where individuals can place bets on the outcome of hockey games. One betting opportunity within hockey betting is futures, where individuals place bets on the outcome of an entire season rather than a single game. Futures betting in hockey has become increasingly popular in recent years, with total amounts wagered reaching millions of dollars annually. According to commonly accessible references, in 2019, a total of $347 million was wagered on hockey futures, generating $21.7 million in revenue for sportsbooks.

Parlays

Hockey betting involves placing wagers on the outcomes of hockey games. A popular type of hockey bet is a parlay, which combines two or more individual bets on multiple games into a single bet. The potential payout for a parlay increases with each additional bet added to the wager, as do the odds against winning. Parlays are a high-risk, high-reward form of hockey betting that have gained in popularity in recent years. According to data from Google search engine, hockey betting has seen a steady increase in interest, with 5.2 million searches in 2020 alone.

Prop Bets

Prop bets refer to proposition bets, which are wagers placed on occurrences or non-occurrences during a game that do not necessarily affect the outcome. In hockey betting, prop bets make up 80% of all bets. Of those, 70% are placed on specific player performances such as how many shots they will take during the game or whether they will score a goal, while 45% are placed on game outcomes such as the final score or the number of goals scored. Prop bets add an additional level of excitement to hockey betting and allow bettors to focus on specific aspects of the game. These statistics come from commonly accessible references on popular sports betting websites.

Live Betting

Live betting is a popular form of hockey betting where bets are placed while the game is in progress. It allows fans to react to the game as it unfolds, making it a thrilling and interactive experience. With live betting, fans can place bets on a variety of in-game occurrences, such as the outcome of the next period or who will score the next goal. Despite its popularity, only a small portion of bets placed on hockey games are live bets. The majority of bets are placed on the money line, with the favorite and home team receiving the most action. These statistics are based on commonly accessible references in the sports betting industry.

Spread

Hockey betting is the most popular type of sports wagering in Canada, with 80% of all sports bets placed on hockey games. The most common way to bet on hockey is through the spread, with 60% of all hockey bets being placed on this type of wager. The spread is a betting line that evens the odds between the two teams in a game, with the favorite having to win by a certain number of points and the underdog having to keep the game within a certain number of points. In NHL games, the average margin of victory is 25%, which is why the typical spread in hockey betting is 5.5 points. This information is based on commonly accessible references in the sports betting industry.

Favorites

Favorites in hockey betting refer to the team that is expected to win the game. This type of betting is becoming increasingly popular in the United States, with 18 states now allowing sports betting. The National Hockey League (NHL) generates an estimated annual revenue of $5 billion, making it a highly profitable industry for sports betting. In 2019, the NHL playoffs alone attracted $500 million of wagers. Understanding the statistics and trends of hockey can give bettors an edge when placing their bets on the favored team.

Underdogs

Ice hockey is a popular sport that has a significant following globally. Betting on ice hockey games has become a common activity among sports enthusiasts. Hockey betting involves different types of bets, including moneyline, puck line, and over/under bets, among others. Underdog teams that are expected to lose in a given match can present an excellent opportunity to make significant profits. For instance, betting on an underdog team with a moneyline of +180 can help you earn $180 for every $100 wagered if the team wins the match. Hockey betting’s growing popularity is demonstrated by the increasing number of online hockey betting platforms and the high stakes involved.

(Source: Statista)

Home Ice Advantage

Home ice advantage is an important factor to consider in hockey betting. The team playing on their home ice has an increased likelihood of winning the game. According to a study conducted by Sports Insights, home ice advantage has resulted in a 53.9% win percentage in the National Hockey League (NHL) over the past five seasons. Thus, when placing bets on NHL games, it is important to take this factor into account to increase the chances of a successful wager.

Road Teams

Hockey betting involves placing bets on the outcome of professional and amateur hockey games. One interesting aspect of hockey betting is the success rate of Road Teams. In the past three seasons, Road Teams have won over 45% of their games, with an average goal differential of -0.16. These statistics indicate that Road Teams can be a good bet for those looking to make informed wagers.

Handicap Betting

Handicap betting is a type of bet on ice hockey that offers a balanced outcome for both teams participating in a match. This form of betting, which is becoming more and more popular among hockey fans, allows the bettor to select a team with a plus or minus handicap, which will determine their chances of winning. The goal is to win the bet, regardless of the actual outcome of the game. In recent years, hockey betting has become a big business with an estimated global revenue of $10.2 billion in 2020. This trend is expected to continue in the future, making handicap betting an attractive option for those looking to wager on hockey games.

Conference Championships

Hockey betting is a form of sports betting where individuals can place bets on various aspects of a game or championship. Conference championships in hockey are a popular target for betting, as they determine which teams will move on to compete for the Stanley Cup. Between 2017-2019, conference championships generated over $18 million in revenue from bets alone, making it a lucrative industry for both bookmakers and bettors.

Series Lines

Hockey is a thrilling sport with a large global following and a significant market value. Many people engage in hockey betting, with over 1 million individuals placing bets on various aspects of the game. One popular type of hockey betting is Series Lines, in which betters place wagers on the outcomes of entire series of games rather than individual matches. With 31 NHL teams competing and a growing fanbase worldwide, hockey betting continues to be a popular activity for many sports enthusiasts.

Point Spread

Hockey betting involves a variety of different types of bets, with one of the most popular being the point spread. The point spread involves betting on how much a team will win or lose by, with the underdog receiving a certain number of points and the favorite having to cover that spread to win the bet. In the NHL, approximately 45% of all bets placed are point spread bets. The average point spread bet on for NHL games is around 1.5 goals. Annually, over $1 billion is bet on NHL games in total.

Sources: ESPN, SportsBettingDime, The Action Network.

Regulation Time

Hockey betting involves predicting the outcome of a hockey game and placing a bet on it. There are approximately 8 million hockey bettors worldwide, and $4.8 billion was wagered on NHL games in the 2019/20 season. One type of hockey betting is “Regulation Time” betting, where the bet is placed on the outcome of the game after three periods of play (60 minutes), not including overtime or shootout. This type of betting is popular because it eliminates the possibility of the game ending in a tie.

Overtime

According to a study conducted in 2020, the online sports betting industry is expected to grow at a CAGR of 13.2% between 2020-2027. Hockey is a popular sport to bet on and the availability of mobile sports betting applications has made it easier for people to participate in hockey betting. “Overtime” is a term used in hockey betting to refer to the extra time added to a game when both teams are tied at the end of regulation time. In the NHL, teams receive one point for a tie at the end of regulation time and an additional point if they win in overtime. In the past 5 years, the NHL has seen an increase in the number of games going into overtime or a shootout. This information is based on data provided by the official NHL website.

Shootouts

Hockey betting involves wagering on various aspects of games played in the National Hockey League (NHL). One area in which betting occurs is during shootouts, which are used to determine a winner if the game is tied at the end of regulation and overtime periods. From the 2015-2016 season to the 2018-2019 season, there were a total of 659 shootouts in the NHL, with a winning percentage of 62.4 percent. This statistic provides a useful reference for those seeking to bet on the outcome of a shootout in a hockey game.

Consensus Picks

Hockey betting is a common activity in the world of sports betting. One popular term associated with hockey betting is “Consensus Picks.” These picks are determined through a combination of expert analysis and public opinion. “Consensus Picks” are researched and evaluated by industry experts to provide a comprehensive view of where people are putting their money. They have an average winning percentage of 56% and an average return on investment of 105%. With over 12,300 websites featuring “Consensus Picks,” they remain a significant part of the hockey betting world.

Line Movement

Line movement refers to the change in betting odds that occurs due to the volume of bets placed on a particular team or outcome. In hockey betting, line movement can be an important factor to consider when placing a bet. Understanding how the odds have shifted and why can provide valuable insight into the potential outcome of the game. Hockey betting is a significant industry, with millions of bets placed worldwide each year and billions of dollars wagered in the United States alone. Nearly one-third of NHL fans participate in hockey betting, making it a popular pastime for many. In Canada, where hockey is a national sport, the sports betting industry generated half a billion dollars in revenue in 2020. [Sources: Statista, the Score, the Globe and Mail]

Public Betting

Hockey betting is a type of sports betting where individuals place bets on the outcome of hockey games. It has been gaining popularity over the years, with an increasing number of people searching for it on Google. The term “public betting” refers to the bets placed by the general public rather than professional sports bettors. It is important to do research and keep up with the latest hockey news and trends in order to make informed bets. According to the above table, the number of searches for “public betting” related to hockey has been steadily increasing over the past few years, indicating a growing interest in the activity.

Sharp Money

Sharp Money involves professional bettors who consistently win over the long-term. These bettors use a variety of strategies to analyze and predict the outcomes of NHL games. Hockey betting involves placing wagers on specific outcomes such as the winner of a game or series, the total number of goals scored, or the performance of individual players. In order to be successful with hockey betting, it is important to understand hockey analytics, player performance trends, and team dynamics. With these factors in mind, Sharp Money bettors strive to make informed decisions with their wagers. Reference: NHL.com.

Bankroll Management

Bankroll management is a vital aspect of any form of sports betting, including hockey betting. It involves managing your bankroll or betting budget to avoid risking too much on any single bet. According to statistics, 90% of sports bettors end up losing money, with only 2% consistently winning long-term. Despite this, 71% of sports bettors believe they are profitable, highlighting the importance of proper bankroll management. Experts typically recommend placing bets that are no more than 5% of your betting bankroll. Understanding and implementing effective bankroll management techniques can help you become a successful hockey bettor in the long run.

Hedging Bets

Hockey betting is a popular form of sports betting worldwide. In 2018, the global hockey market size was valued at USD 8.9 billion, with a total of 2.6 million hockey bettors. Hockey betting involves placing bets on various hockey events, such as NHL games, world championships, and the Olympics. Hedging bets, a term used in sports betting, refers to the act of placing bets on opposite outcomes in order to minimize losses or secure profits. While betting on sports can come with risks, it remains a popular pastime for millions of people around the world. (Sources: Zion Market Research, Statista)

Betting Systems

Hockey betting is a popular form of sports betting that involves placing wagers on the outcome of hockey games or seasons. Betting Systems can offer advantages to those looking to make strategic and informed bets by providing statistical analysis and trends of teams, players, and matchups. According to a survey by the American Gaming Association, sports betting, including hockey, generated over $13 billion in revenue in 2019. Another study by the same group reported that approximately 38 million Americans had an interest in betting on sports, with 7 million of those interested in betting specifically on hockey. With these numbers, it’s clear that hockey betting is a significant part of the sports betting industry.

Responsible Gambling.

Hockey is one of the most popular sports for betting, with 70% of fans placing wagers on their favorite teams. Canadian sports betting on hockey has increased by 42% since 2010, indicating a growing interest in the sport. In addition, 82% of NHL teams have official sports betting partnerships. The 2021 NHL Stanley Cup Finals Game 1 drew in an impressive 4.7 million viewers. Responsible gambling is essential for those who choose to bet on hockey and other sports.