Types of Bets: Explanation of Different Bet Types

Venturing into the world of NHL betting offers a plethora of betting options. Whether you’re looking to make a quick wager or dive deep into strategic betting, understanding the various bet types is crucial. Here’s a breakdown of the most popular NHL bet types:

  1. Moneyline Bet:
    • Description: A straightforward bet where you pick the team you believe will win the game outright.
    • Example: If the Bruins are -150 against the Rangers at +130, a $150 bet on the Bruins would yield $100 if they win, while a $100 bet on the Rangers would yield $130 if they come out on top.
  2. Puck Line Bet:
    • Description: The NHL’s version of a point spread. Typically set at 1.5 goals, it gives an advantage or disadvantage to teams based on the expected outcome.
    • Example: If the Sharks are -1.5 against the Flames, the Sharks need to win by 2 or more goals for a successful bet. Conversely, a bet on the Flames would be successful if they win or lose by only 1 goal.
  3. Over/Under (Total) Bet:
    • Description: A wager on the combined total number of goals scored by both teams.
    • Example: If the Over/Under for a Penguins vs. Capitals game is set at 6.5, and you bet the over, you’re hoping for 7 or more total goals.
  4. Parlay Bet:
    • Description: A combined bet linking two or more individual wagers. All selected teams must win for the parlay to be successful.
    • Example: Betting on the Blackhawks, Islanders, and Kings to all win on a given night.
  5. Proposition (Prop) Bet:
    • Description: A bet on specific events or individual player performances within a game.
    • Example: Wagering on Connor McDavid to score the first goal or predicting the number of saves a goalie will make.
  6. Futures Bet:
    • Description: A bet placed on events that will occur later in the season or even the next season.
    • Example: Betting on the Avalanche to win the Stanley Cup or placing a wager on the upcoming season’s MVP.
  7. Live (In-Game) Betting:
    • Description: Real-time bets placed as the action unfolds, with odds adjusting based on the game’s progression.
    • Example: Betting on the next team to score or predicting the final score after the first period.
  8. Period Betting:
    • Description: Wagers specific to individual periods of the game.
    • Example: Betting on the Maple Leafs to lead after the first period or wagering on the total goals scored in the second period.
  9. Grand Salami:
    • Description: A bet on the total number of goals scored across all games on a given day.
    • Example: If there are five NHL games in a day, and you bet the Grand Salami Over at 28.5, you’re hoping for 29 or more total goals across all games.
  10. Shootout Bet:
  • Description: A wager on the outcome of a shootout if the game goes beyond overtime.
  • Example: Betting on the Red Wings to win in a shootout.

With a clear understanding of these bet types, you’re well-equipped to explore the exciting world of NHL betting. Dive deeper into our platform for strategies, tips, and expert insights tailored to each betting option. Let the games begin!