When it comes to betting websites, there are plenty of options that you can choose from: Draftkings, No Sweat First Bet, PointsBet. But one of the top-rated sportsbook websites is Fanduel.
This website caters to millions of bettors, coming with some great betting opportunities and competitive odds. However, if you are thinking of putting some bets on the NHL, then you might be wondering if Fanduel caters to this. Well, the answer is yes, they do.
But what sort of betting does Fanduel offer for the NHL? Which type of betting is right for you? Which type of betting will lead to the greatest success? Well, we’ve got the inside skinny on everything to do with Fanduel and NHL betting. So carry on reading.
Does Fanduel Offer NHL Bets?
The short answer to this is yes. You can put your money down on all different types of wagers, whether it is spread betting, moneylines or parlays. We’ll go into detail about each of these different types of bets and which might be the most lucrative for you.
Here’s a brief list of some of the types of NHL betting that you can be involved with:
- NHL Moneyline – this is one of the simplest forms of betting on NHL, which is probably what makes it the most common. All you have to do is play the odds and place your bet on the team you think is going to win the game.
- NHL Parlays – This is where you place multiple bets on various games in order to increase the chances of a payout. However, all the bets have to come through for you to take your winnings.
- NHL Pucklines – This is also called the spread, which is where you bet on the final score of each team is within a certain score margin.
- NHL Over/under – This is betting on whether the score will go over or under a predicted score. You can bet on the final score of the whole game, the score at the end of the first period or the score at the end of the second period.
- NHL Live Odds – This is betting as play happens, with Fanduel streaming the game as you place your bets.
This is a basic example of what Fandual offers to NHL followers. Now we’ll go a little more in-depth, so you can see what type of betting is best for you.
NHL Moneyline Betting
This type of betting is the one that most people go for, probably because it is very easy and you can stand to make some easy money if you do the necessary research. Before you start with this type of betting, you’ll have to be aware of the odds system.
In any one game of hockey, you’ll have favorites and then underdogs. Favorites are the team that oddsmakers think is going to win the match, whereas underdogs have a lower percentage of winning, based on a few general stats about the team.
These odds can always change, especially as the game draws nearer and new information is released about the individual teams.
For example, if someone suffers from an injury, then this could change the whole outcome of the game and the odds will change to reflect that.
This is why it will be more lucrative to bet on the favorites way in advance of the game before the odds might swing against you.
This can be done by more experienced bettors who have done the research and might be able to guess the winner and loser as soon as the game is announced.
Underdogs generally have more favorable odds in NHL than in any other sport, usually having around 40% chance of winning. However, do not get overconfident and bet on the underdogs every time, as this will probably increase your losses.
NHL Puckline Betting
Puckline betting is very similar to what is called ‘spread betting’ in other sports. This is where oddsmakers will provide a certain margin on either side of the final score. If you are within that margin, then you can stand to have a successful outcome.
The favorite in the game will always have a handicap, whereas the underdog will be given an advantage. The spread is usually indicated by a plus symbol (in the case of the underdog) and a minus symbol (in the case of the favorite).
The number next to these symbols will tell you how much will be added or subtracted at the end of the game.
For example, if you bet on a team that has a spread of -.15, this means that they have to win by more than 2 goals in order to cover the spread.
This type of betting is great if you want to bet on more than one element in the game to gain more earnings. If you are backing an underdog and they lose by 1 point, then you’ll still have won the bet, as the spread is greater than this sum.
This is commonly called ‘betting against the spread’.
NHL Parlays
This is where you place multiple bets (also called ‘legs’) across one game or even on one team. This will guarantee you greater profits if all your bets come in, although therein lies the catch – all your bets have to come in for you to win the whole parlay.
This is a very risky strategy, but a lot of people play parlays for financial incentives as well as added excitement.
If you have done your research, then the chances of getting a parlay are increased. You can combine favorites in one game with a few underdogs from another if you are confident that they are going to come in.
This style of betting offers you greater rewards but also comes with a much greater risk.
Does Fanduel Offer Live Streaming?
Yes, Fanduel caters to live betting, which will allow you to place bets as you are watching the game online (Also check out How To Bet On NFL Games Online). Hockey is such a fast-paced game that you will have to put bets on very quickly, forcing you to make a lot of snap decisions.
This will include moneyline, spreads and parlay bets, giving you up-to-the-minute odds as the game occurs.
To have access to this feature, you will need to have a Fanduel account, which might actually be prohibited in your state. There are 10 states that prohibit what they term as ‘illegal online gambling’, so make sure that you check before you sign up.
How Long Does An NHL Have To Go On For A Bet To Count?
A game must run for at least 55 minutes for most bets to count. This obviously does not count for parlay bets that are based on just the first or second period of the game.
If you have placed a three-way bet, then you can only count on your team winning, losing or having a tie. Since ties are not permitted in NHL games, the result will be known before overtime.
Conclusion
So, there you have it. If you are looking to place bets on your favorite hockey teams, then there is no better place to do that than Fanduel. They offer a wide range of betting options, so do your research and find out which one works best for you.
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If you’re looking for a new hobby, gambling can sound like a risky venture. But it doesn’t have to be. Stick with my knowledge of the business and I’ll help you navigate the tricky waters that are gambling online sites.
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