If you consider yourself a hockey fan but are only just dipping your toes into the waters of hockey betting, then you might be wanting to get a complete overview of the rules and regulations before putting down any money.
One of the bigger questions might be whether a bet counts if the team that you have wagered on has won during overtime. Does this still count?
Well, in a two-way moneyline bet, overtime does count in the final result. However, there are other rules where this is not the case.
But what is moneyline betting? How does it determine how much you stand to win or lose in your hockey game?
Well, read this article and we’ll give you everything that you need to know about moneyline betting, including some great strategies to increase your chances of winning.
What Is Moneyline Betting In A Hockey Game?
Moneyline betting is the simplest form of betting in any sport. This is where you bet money on a team and if that team wins that you get a payout.
This is one of the most popular forms of betting and is a perfect place to start for beginners.
When it comes to moneyline betting, the only thing you’ll need to know about is the odds. In a game there are usually two teams, one being the favorite and the other being the underdog.
The favorite is the team that is expected to win. This team will be marked with a minus beside a number, which represents the amount of money that you’ll need to place to win $100 minimum.
So, if you have a team that has 110- beside it, then you’ll have to spend a minimum of $110 to get a $100 payout.
Conversely, the underdog will be marked with a plus symbol next to the number which indicates how much money you’ll win upon putting down $100.
So if an underdog team has a ranking of 80+, then you’ll stand to win $180 when you bet $100 on them.
This system is fairly simple and it can get more complex with parlays and spread bets, although you won’t even have to know about these types of betting.
If the teams remain tied, then the bet will extend into overtime. In a three-way bet, overtime is not included, as the result (either a win, loss or draw) has been determined regardless after 60 minutes.
Three-Way Moneyline Bets – What You Need To Know
In a three-way bet, you are putting money on one of three eventualities – winning, losing or ending in a tie.
However, National Hockey League games no longer end in a tie, so this means that the score has been determined after 60 minutes and anything that happens in overtime will not count in the final bet.
What Are The Best Tips For Moneyline Betting?
Although there is no foolproof method of winning a bet, you can increase your chances of winning by placing much more informed bets.
Here are some strategies that we would recommend for this type of betting:
Do Research Into Lineups
The early that you get the information about the match and start making a decision on who you’re going to bet on is very important when it comes to increasing your chances of winning.
By looking at the history of whatever team you are betting on, then you can more accurately predict how the game will turn out.
Researching the history of whatever teams are playing each other will also help you make a more accurate prediction when it comes to the winning side.
However, oddsmakers and bookies will also be doing the same, so you might want to get in there quickly with your bet before the odds fall out of your favor.
Other information will determine the odds, such as injuries and absenteeism. If a star player is suddenly not playing in a game, oddsmakers will adjudicate that this will affect the outcome of the final game.
The goalie is a very important part of determining a hockey game. So, if you know that a goalie is deficient for the defending team, then you might want to place a higher wager on the opposition.
Shopping For Better Odds
You’ll have to look around different betting outlets to find decent odds. You can exploit the discrepancies between different oddsmakers to your advantage.
When it comes to moneyline bets, you’ll want to limit the amount of money that you’re spending and maximize the profits that you’re making.
Notice Particular Trends
Sometimes teams will gain more ML victories if they are playing away or they are not considered the favorites. These are some of the trends that only the most diligent bettor will notice.
But by looking at these trends you can make a more accurate prediction about who to bet on.
There are trends pages on betting sites that can help you to track these trends, although the more people know about them, the more that will affect the odds.
This is why it is important to develop your own unique strategy and to keep it to yourself. Once people get a hold of your secrets it will affect the odds and the payout you’ll receive at the end.
What Is The Difference Between Puckline And Moneyline Betting?
Puckline betting is very similar to spread betting, which is very popular in other sports.
Spread betting is where you have to bet on a team getting points within a certain margin on either side of the final score.
This is indicated in a very similar way to moneyline betting, involving plus and minus symbols. Puckline betting is almost always anywhere between -1.5 and +1.5. So if a team has -1.5, it has to win by 2 or more goals.
The reason why you might opt for this kind of betting is that the payout can be a lot higher, although puckline betting as a whole is much riskier.
Frequently Asked Questions
Does overtime count with my moneyline bet?
Two-way bets do include overtime, as there are only two possibilities, that of winning and losing, which can be determined well into overtime.
Three-way bets have ruled out ties, which means that the game will be concluded after 60 minutes, making everything after irrelevant.
If I placed $100 on a +100 underdog, how much money would I win?
You would stand to win $200 if you placed this bet.
What kind of trends shall I look for in hockey?
You should look at the makeup of the team and which individual players have scored the most goals in the last few games.
Goalies are also a very important factor in hockey, so knowing how many shots the goalie has saved, as well as his general stats (Also check out What Is The Most Important Stat In Hockey) , is crucially important.
Conclusion
We hope that our guide to moneyline betting and overtime in hockey has helped you to make a more informed decision when it comes to your betting.
Make sure that you know a lot about the stats of both teams before betting. This might be quite boring, but it is worth doing to increase the chances of you turning in a profit.
A favorite of mine is golf gambling. Such a relaxing game can win you big when you bet on the right people. Plus, betting makes watching it much more fun, too!
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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