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Frozen Assets: Betting (Minus) 101 and NHL Point Totals Props

Betting (Minus) 101

With the NHL regular season (and Illegal Curve FREE handicapping contest) beginning in under a week, now is a good time to review the basics of hockey betting.

Types of Bets: General

A straight bet is a wager on the outcome of one game.

A parlay is a wager on the outcome of multiple games.

A futures bet is a wager on the outcome of an event in the future – for example, who will win the division, conference, and championship.

Types of odds

American Odds are expressed using a + or a –.

European Odds are expressed using decimals.

UK Odds are expressed using fractions.

Example: a team that has a 50% of winning can be expressed as +100 (American), 2.0 (European) and 1/1 (UK).

The rest of our article will only discuss American odds.

Types of Bets: Hockey

Betting the moneyline is a wager on a team to win a game.

Betting on the puckline is a wager on a team to win a game with a handicap (usually +/- 1.5 goals).

Betting on the total is a wager on whether the game will have over or under a certain number of goals

Understanding the Moneyline

A positive moneyline represents the amount of money to be won from a \$100 bet.

A negative moneyline represents the amount of money to be wagered in order to win \$100.

The team that is favored to win will have a negative moneyline because more money is required to be wagered in order to win the same amount.

Example

Here is a line that you could see during the regular season:

…………..Team…………….Moneyline(1)……Puckline………Total

.

Away…Calgary Flames……+130(2)……….+1.5 -200(4)…O5.5 -120(6)

.

Home Ottawa Senators……-140(3)……….-1.5 +180(5)….U5.5 +110(7)

.

Note: shootout and overtime wins count as 1 goal for the winning team.

(1) The difference between the home and away moneylines is known as the juice (sportsbooks profit from the juice). A ten-cent difference between lines is known as reduced juice, while a twenty-cent difference between lines is the industry standard.

(2) Betting \$100 on the Flames would net you \$130 (your \$100 back plus an additional \$130).

(3) In order to win \$100 on the Senators, you would need to bet \$140 (a bet of \$100 would net you (\$71.43).

(4) For this bet to win, Calgary must either win or lose by 1 goal. You would need to bet \$200 in order to net \$100.

(5) For this bet to win, Ottawa must win by more than 1 goal. A bet of \$100 would net you \$180.

(6) For this bet to win, more than 5.5 goals must be scored. You would need to bet \$120 in order to net \$100.

(7) For this bet to win, less than 5.5 goals must be scored. A bet of \$100 would net you \$110.
Still have questions? Send me an e-mail or post your questions in the comments section

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NHL Point Totals Props

People have all kinds of crazy opinions about which teams will surprise and which teams will disappoint. When I am asked to make a pre-season prediction on how teams will do, the first place I turn is the NHL Regular Season Points proposition. These lines are taken from

CaribSports (CLICK TO ENLARGE):

Thoughts?

Other hockey betting news and notes:

– Bet365 and Betsson are offering a prop on who will score the most points this season.

– Pinnacle is offering props on how many points Crosby and Ovechkin will score.

– Stan James, Unibet, Betsafe, Victor Chandler and 5Dimes are now offering division odds.

Illegal Curve’s FREE Handicapping Contest

Illegal Curve’s Recommended Sportsbooks

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