NHL Betting Odds

Hockey Betting Guide 2022

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The 2021-22 NHL regular season will be wrapping up soon and playoff hockey is on the horizon. Check out daily odds from the top US sportsbooks for NHL betting below.

NHL betting odds

Game odds for 2022 NHL contests are available to bet on below.

WHAT TO WATCH FOR THIS WEEK

NHL betting goes from highly enjoyable to immensely entertaining once we get to the Stanley Cup Playoffs. The best part is, with each successive game and series, the intensity dials up another notch. Here’s what to watch for this week in the Stanley Cup Playoffs. The Battle of Alberta rages on with Edmonton now favored to advance, while the Battle of Florida has been a complete dud. Colorado is up on St. Louis but you can never count out the Blues. Meanwhile, can the Rangers keep clawing back against the favored Hurricanes?

Edmonton Oilers vs. Calgary Flames

The Flames opened up as -190 favorites with the Oilers at +160 before the first puck dropped on this series. But with Edmonton up 2-1 one week later, the line has flipped. Calgary is now +160, while the Oilers are juiced up to -190. The more this series has opened up on offense, the more it looks like the Oilers can punch their ticket to the next round.

The Flames were the darlings of those who look at the advanced metrics, as Calgary ranked 5th in net expected goals per RAPM at +0.42 goals per game in the regular season, compared to Edmonton ranked 11th at +0.175. And all it takes is a win in Game 4 to put this series back on even ground.

There might be value in taking Calgary at +160 to win the series, as the market loves Edmonton and bookmakers were quick to juice up the Oilers series number after winning Game 3 convincingly 3-1. The problem for those who like Calgary is that Game 4 will be played in Edmonton, where the Oilers are currently -120 favorites for Tuesday night’s game. But with risk, comes the reward of Game 5 back in Calgary, and a potential Game 7 also in Calgary if the series goes that far.

Florida Panthers vs. Tampa Bay Lightning

When the Panthers opened as -150 favorites in this series it was somewhat of a head-scratcher after seeing the talent level Tampa displayed against Toronto. And now with the Lightning up 3-0 in the series, Florida is currently +900 to advance, with DraftKings listing the Lightning at a ridiculous -1800. This series looks over on paper and with Game 4 in Tampa Bay Monday night, it’s looking like the Panthers are will be heading home to ponder why they can’t translate incredible regular-season success into the postseason.

Colorado Avalanche vs. St. Louis Blues

The Avalanche entered this series as a -380 favorite but certainly haven’t played like one, despite having a 2-1 advantage in the series. After winning Game 1 in OT, the Blues had the Avs number in Game 2 but weren’t able to replicate it in Game 3. To an unbiased viewer, this looks like a true back-and-forth series. But the market apparently thinks this series is as good as over, with Colorado now -800 to advance, with the Blues moving from +280 a week ago to +500. As far as longshots go, that +500 might be worth a sprinkle with Game 4 coming in St. Louis on Monday night.

New York Rangers vs. Carolina Hurricanes

Carolina came into this series as -190 favorites and the first two games went to script as Carolina won both home games before falling to the Rangers in New York. Up two games to one, the Hurricanes are now -320 to win the series with New York listed at +250 at DraftKings. The Rangers could very well tie this series up at home on Tuesday night. So if you still think New York has a chance, the +250 is a reasonable number if you believe Game 4 will go the Rangers’ way.

NHL Betting Guide: Best betting sites

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Legal sports betting is expanding across the United States, and bettors should particularly be aware of these sportsbooks:

DraftKings Sportsbook — Available in MI, NJ, CO, PA, IA, IL, IN, NH, NY, TN, VA and WV
FanDuel Sportsbook — Available in MI, NJ, CO, PA, IA, IL, IN, NY, TN, VA and WV
BetMGM — Available in MI, CO, IA, IN, NV, NJ, PA, TN, VA and WV

Each of these sportsbooks will have a wide selection of special offers and promotions for the NHL aimed at both first-time and existing customers.

NHL Betting Guide: How to bet on hockey

NHL Moneyline

Unlike football and some other sports, hockey betting revolves around the moneyline. In a moneyline wager, a bettor simply selects the winning team with payouts being less depending on the odds.

In hockey, bettors only have to pick the winning team no matter the margin of victory. There will always be a favorite and an underdog, with payouts adjusted on which team you select.

For example in a matchup between the St. Louis Blues and Avalanche, the book may list the following:

  • St. Louis Blues +125
  • Colorado Avalanche -152

This means the Avalanche are favored and a bettor would have to risk $152 to win $100 (or $15.20 to win $10). A bet on the underdog Blues would bring $125 for a winning $100 bet. Obviously, a bet on the underdog brings more money than a bet on the favorite.

Unlike in other sports, point spreads don’t enter into traditional hockey wagering. Got a hunch on a team? Simply open your sports betting app and make a selection. It’s that easy.

NHL Puck Line Betting

The puck line offers bettors another interesting bet with a potential for more profitable returns depending on the side you bet. The puck line (similar to the run line in baseball) is usually set at 1.5 and is a version of point spread betting applied to hockey.

In an average hockey game, final scores usually are decided by a goal or two. These wagers offer some extra action on teams taking that scoring into mind.

When considering a puck line wager, bettors are basically weighing whether a team can win by two goals or more.

For example, in a matchup between St. Louis and Colorado, the Blues may be +1.5 (-240) and the Avs at -1.5 (+190).

A $100 wager on the favored Avalanche would earn $190 if they can win by 2 or more. On the other side, it will take a $240 bet on the Blues to return $100.

For the most part, the puck line is usually set at 1.5, but that can drift as high as 2.5 depending on the matchup. A poor defensive team against a top-notch offensive opponent might see the puck line move up.

NHL betting the puck line offers some extra incentives for picking a winner – especially when selecting a favorite.

NHL Totals (Over/Under)

The over/under is a traditional bet based on the total number of goals scored between two teams. This is similar to wagers a bettor would find in other sports.

The bettor is making a choice whether the total goals will go “over” or “under.” For example, a marquee offensive matchup between the Pittsburgh Penguins and Philadelphia Flyers might be set at a total of 6.5.

A 4-3 win by the Flyers would reward “over” bettors with a win because the total score in the game was 7. A 3-2 Penguins win would pay the “under” bettors instead.

It’s important to note these lines can move depending on the betting action on either side. The sportsbook is looking to balance the amount of money bet on each side so that it doesn’t have too much of a liability.

Sportsbooks profit by taking a percentage of the total bet – the vig or juice. Totals can be good wagers, especially if a bettor has some insight into each team’s offensive productivity.

NHL Parlay Wagering

Like in other sports, parlay wagering can offer a fun sweat on multiple games or event outcomes. In a parlay, a bettor makes multiple selections on one wager.

To win, all those selections must hit for a bettor to score a win. Lose on one of those and the entire bet is a loser. However, hitting on a parlay can pay much higher odds than wagering on a single game or outcome.

For example, a bettor may place a parlay wager on the Stars, Devils, and Sharks. If all those teams win, a bettor could earn around 6-1 for that wager. A $100 bet would score the bettor $600, but that may depend on the selections and if they were favorites or underdogs.

Parlay wagers can be made on two teams or a dozen, depending on your appetite for risk. Along with simply selecting teams, bettors can also mix in totals and even other sports at some books to make it more interesting.

NHL Futures Wagering

This is one of the most popular forms of sports betting and the futures market offers a lot for hockey fans also. When betting on futures, a player is looking toward the end of the season for a certain outcome to occur.

Obviously, the most NHL futures wagering will be on the winner of the Stanley Cup. Books will offer odds on all 31 teams to win the championship.

For example, the Tampa Bay Lightning were the odds-on favorite to win the Cup before the 2019-20 season. Those for the team to win the Cup were +750 or 7.5 to 1.

A $100 bet on the Lightning would have brought a bettor $750 with Tampa Bay’s Stanley Cup win. A wager on the Winnipeg Jets at +2800 would have paid a bettor 28-1 – a return of $2,800 on a $100 bet.

The Stanley Cup isn’t the only wager available for futures betting. Odds may be offered on:

  • Conference winners
  • Over and unders for points in the standings for individual teams
  • Regular-season point totals for individual players
  • Team leading scorers
  • Postseason awards such as the Vezina Trophy

Click here for current NHL Stanley Cup futures odds

NHL Live Betting

Some sports bettors looking for even more action may enjoy live betting. Many online sportsbooks offer this feature and it’s a way to have more bets going in the middle of a matchup.

These bets could include totals, puck lines, and other wagers available during the first and second intermission. Bettors can add other wagers as the game plays out on the ice and adjust their betting trends as needed. NHL betting during live games is also easier than in many other sports due to the fluid nature of the games.

When betting, it may be important to follow the action in regards to several facts when placing those wagers. Those could include:

  • Injuries
  • Scoring leaders
  • The ability of one team to close out a game
  • The ability of a team to hold a lead

NHL Betting offers a new way to add excitement

The intensity between players in the National Hockey League is unrivaled in most sports. And when you witness how much this game means to those players on the ice, it only enhances your NHL betting experience even further.