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Slap shots, big hits, line shifts, hot goalies, game-winning shootouts. These can only mean one thing: Hockey Season!
The action on the ice is heating up as the National Hockey League launches the 2022-23 season.
Each NHL team plays an 82-game regular season, followed by the playoffs. Consequently, all of this builds up tor a chance to play for a championship and lift Lord Stanley’s Cup. At the present time, NHL games are being broadcasted on ESPN.
Accordingly, we have daily premium NHL picks throughout the season. Join now and stay up-to-date with the latest info before the puck drops.
Understanding NHL Picks and Betting Lines
There are three basic ways to bet on the NHL: the puck line, the moneyline, and the Total (also known as the Over/Under). As a matter of fact, oddsmakers release a “puckline”, “moneyline”, and “total” for nearly every NHL game.
The Puck Line
The puck line, also known as the “goal line”, is a lot like the “run line” in baseball as it is the number of goals oddsmakers think the favored team should win by. Additionally, you have the choice to choose the favorite and give up goals or take the underdog and get goals for your NHL picks.
For example, in Game 6 of the 2022 Stanley Cup Finals, the Colorado Avalanche were favored to win by 1.5 goals over the Tampa Bay Lightning. In brief, Colorado won the game by one goal, 2-1. That means betting Tampa Bay as an underdog at +1.5 (-260) goals was the winning bet, as they “covered the spread”, even though they lost the game. The bettor would have had to wager $260 to win $100 in this scenario.
NHL Picks: The Moneyline
Nearly every NHL game will have a “moneyline”. The moneyline for a game represents how Vegas views how the game will end, which team will win and lose. Moneyline bets offer higher risk with lower return on favorites, and lower risks with higher returns on underdogs.
Moneyline bets are useful NHL picks, especially for parlay bets, because you do not have to worry about how much a team wins by. Subsequently, bettors only have to worry about if they win or lose. It will cost more to bet the moneyline on favorites straight up if you are trying to make $100. In contrast, betting on underdogs has the potential for a larger payoff.
For example, in Game 6 of the 2022 Stanley Cup Finals, the Colorado Avalanche was a skinny favorite over the Tampa Bay Lightning. Colorado was -115 to win the game outright, which means the bettor would have had to wager $115 to win $100. Tampa Bay was -105 to win, which means the bettor would have won $100 on a $105 bet IF they had won. In summary, Colorado won the game.
NHL Picks: The Total (Over/Under)
Nearly every NHL game will have a “total”. The total, also known as the over/under, represents how many combined goals the oddsmakers think will be scored in a game by both teams. Consider this when making your NHL picks.
For example, in Game 6 of the 2022 Stanley Cup Finals between the Colorado Avalanche and Tampa Bay Lightning, the total was established at 6 total goals. Basically, the bettor had to decide whether they thought the score would be under or over a combined 6 goals. Hence the term “over/under”. The game ended 2-1, which was under the total. Having the right NHL picks makes all the difference.
NHL Picks: Prop Bets
Prop bets add a different dimension to your NHL picks. Many bookmakers offer proposition bets, or “prop bets” for short, which gives the bettor an opportunity to wager on specific aspects of the games other than the puckline, moneyline, and total. Generally there are prop bets available for most of the big national games.
For instance, there are prop bets for how many goals a player might score, how many assists a player might have, or even things like which team will win the opening face-off.
For the most part, prop bets are listed like Over/Under totals or yes/or questions, such as “Will Player X score Over/Under 2 goals”, or “Will Player Z have Over/Under 2 assists?” These NHL picks can spread your profits out over the entire season.
Parlay Wagers
The Oxford Dictionary defines “parlay” as “a cumulative series of bets in which winnings accruing from each transaction are used as a stake for a further bet.”
In other words, a parlay wager is betting on two or more game outcomes on the same ticket. Consequently, each additional team added to the parlay makes the payout increase. Basically, all the NHL picks on your ticket must win.
The odds are heavily against the bettor on parlay bets on two different fronts, the true odds and the odds paid. For instance, the true odds of hitting a 10-team parlay are 1023-1, but the odds paid at most sportsbooks are 720-1.
In addition, many bettors use parlay bets to stack Moneyline bets for games they feel most strongly about. Thus, if the bettor picks an underdog on the Moneyline, the expected payout can increase dramatically. Consequently, the bettor’s chance of their NHL picks losing also increases.
Betting on the Future
Some bettors want to spread their NHL picks out over the course of a season. One wagering option, known as Futures, allows the bettor to bet on a long-running result instead of betting a single-game outcome. There are several preseason futures bets available before the NHL season begins, and there are some futures bets that run during the season, with the odds changing week by week.
Before the season begins, a bettor has the option to place future wagers on win/loss records and conference champs. In addition, there are props for individual player award winners like the Hart Trophy, Vezina Trophy, and Calder Trophy. In the same way, you can bet on which team will win the Stanley Cup Finals.
For example, in 2021 a $100 futures wager on the Colorado Avalanche to win the Stanley Cup would have netted the bettor $625. Likewise, a $100 wager on Igor Shesterkin to win the Vezina Trophy for best goalie would have netted the bettor $2,000.