Hockey Money Line Betting
Hockey money line betting is a straight up wager at hockey betting sites on the winner of a hockey match. This is one of the simplest hockey bets out there if all you want to do is place a bet on who you think will win the game. Money line hockey bets are used in a wide range of sports and they are not any different in hockey betting online.
Best Hockey Betting Sites For Moneyline Bets
Money line hockey bets use payout odds to make both sides of any bet worthwhile. In any hockey matchup, one of the teams is bound to be considered the favorite. Both fans and hockey betting websites know this, so it would be bad to offer even payouts for every game. In that case, everyone would just bet on the favorite team every time and the sports betting site would go broke.
In order to even up the hockey betting action, sportsbooks use money line bets to alter the payout odds. The favored team in any matchup always offers lower payouts than the underdog team. Hockey betting sites offer higher payouts for the underdog team in order to make that side of the bet more attractive.
Hockey Money Line Betting Example
In this hockey money line betting example, we are going to use a recent game between the Rangers and Islanders. A few online sports betting sites offered the following bet on that game:
New York Rangers -130 New York Islanders +110
The negative 130 next to the New York Rangers indicates that they are the favorites. If you bet on the Rangers, you will have to risk $1.30 for every $1.00 in winnings.
The positive 110 next to the Islanders indicates that they are the underdogs. For every $1.00 you risk on the Islanders, you will win $1.10. In that case, a $100 bet would result in a $110 win.
That’s all there is to hockey money line betting online. It’s a pretty simple betting format that is popular in all sports. Hockey money line bets do not give and take points like point spread bets. The only thing that matters is who has the most points at the end of the game. If you correctly predict the winner of the hockey game, you’ll receive a payout.
Hockey Money Lines vs. Puck Lines
Hockey money lines and puck lines at hockey betting sites online both incorporate a money line in their games. The only difference between the two is that the puck line also adds a point spread to each game – usually 1.5 points. This affects the payout odds at betting sites because it gives the underdogs a better chance to win the wager.
You can read more about hockey puck line bets on our hockey puck lines page, but the basic idea is that puck lines are a combination of point spreads and moneylines. Hockey money line bets are a bit simpler, but both types of bets are popular among hockey fans.
Hockey money line betting is best when you are confident your team will win or when the payout odds are higher than you think they should be. If you want to bet on the underdog but think it could be a close match, you may want to consider the puck line bet because it gives points to the underdog.
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