The growth of NHL betting worldwide has increased demand for hockey odds. As a result, sportsbooks offer a wide range of ways to bet on hockey aside from the usual betting options. Besides puck line, moneyline, and totals, you can also wager on parlays, 60-minute line, Grand Salami, and more.
Hockey betting increases the adrenaline of sports fans. The NHL’s fast-paced, physical play offers various hockey odds and excitement every night.
Bettors have a lot of possibilities to cash in on the thrill of hockey, from the regular season to the Stanley Cup Final.
Different Ways to Bet on Hockey
Hockey betting parlays are the first. They let you spread a single bet over several hockey wagers, increasing your potential return. However, each wager must also win for the parlay to pay out. So if even one of your parlay bets turns out to be wrong, you’ll still lose money on the parlay.
The potential payoff of parlays is substantially bigger than those of single-game betting, making them popular among recreational gamblers despite the additional risk involved. For instance, if you bet on three underdogs at +150, you’d win 3.375 times your stake (1.5 times 1.5 times 1.5 = 3.375).
The three-way market, commonly called the 60-minute line, is another option. Since overtime isn’t factored in, the wager might end in three ways: visitor wins, home wins, or a draw. It is the market for bets on hockey shootouts.
Many players put wagers on a 60-minute line to get more value than the two-way moneyline. For example, the Leafs may pay just -115 on the 60-minute (three-way) moneyline if they are -140 on the traditional moneyline. Keep in mind that there is no extra time factored into these wagers.
Last but not least, we have the Grand Salami. The Grand Salami could be your ticket if you can’t decide between the Over and Under options. According to gambling software experts, the Grand Salami is a type of total wager that includes all the games scheduled to be played in the National Hockey League on a given day. Each goal scored (or not scored) over all games on the schedule will count toward your winnings in the same manner as a single-game total.
Aside from betting on hockey, you can also start a hockey sportsbook. But first, learn why sports betting is a good business to invest in. That way, you can decide whether opening one can benefit you in the long run.