How to Bet on the NHL – NHL Betting Guide

Learn how to bet on the NHL with moneylines, totals, and puck lines. You’ll also learn about parlays and NHL prop bets. NHL puck line betting is like baseball run line betting. Carefully check each line to find an edge. Review current odds to win the Stanley Cup, Eastern Conference, and Western Conference below. We’ve also got each NHL team’s season win totals.

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Chapters

  1. Current Matchup Odds
  2. Straight Bets
  3. Exotic Bets
  4. Championship & Conference Futures
  5. NHL Season Win Totals
  6. NHL Standings
  7. Live NHL Odds

Current Matchups

Markets
Next 8 NHL Game Odds
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Game
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Golden Knights
Stars
8:00pm EDT

How to Bet on the NHL

This tutorial has two sections. The first contains common NHL straight bets. These include the moneyline, over-under total, and puck line bets. Winning sports bettors should stick to these bets. They’re the most profitable in the long haul.

The second section discusses exotic NHL bets. These include the parlay, if bet win-only, parlay card, and props. Careful, all of these bets come with a higher house edge. Smart handicappers only place these wagers when they think they have an advantage.

NHL Straight Bets

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How an NHL Moneyline Bet Works

A moneyline bet is placed on a team or side to win the game outright. Some sportsbooks also offer moneylines for the 1st period, 2nd period, and occasionally the 3rd period.

Favorite
The favorite will have a minus number. A minus number indicates how much you risk to win $100.

Underdog
The underdog will have a plus number. A plus number indicates how much you win for risking $100.

Placing a Moneyline Bet
Select “Moneyline” from your sportsbook’s betting menu. It may also be abbreviated as “ML”. Next, select a game segment: game, 1st period, 2nd period, or 3rd period. Finally, select either the favorite or the underdog.

Sportsbooks include the juice in each moneyline. They usually add 10 cents commission to each side. A -220 true odds favorite would get a -230 line, while a +150 true odds underdog would get a +140 line.

NHL Moneyline Example

Moneyline
Game
Line & Odds
Tampa Bay Lightning
Carolina Hurricanes
2/11/22 8:05pm EDT
-150
+180
  1. The Carolina Hurricanes are the underdog. Risk $100 to win $180.
  2. The Tampa Bay Lightning are the favorite. Risk $150 to win $100.

Example Result: Tampa bay wins.
All favorite Tampa Bay Lightning bettors win. All underdog Carolina Hurricanes bettors lose.

Note: If the game ties, all moneyline bets push. All bets will be refunded.

More Moneyline Info

Our moneyline video explains this bet completely. The entire moneyline tutorial also includes useful tips and strategies. Use the reference section to convert Moneyline odds to equivalent Fractional or Decimal values. Note required break even percentages for moneyline odds.

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How an NHL Total Bet Works

A total bet line combines the estimated final scores of each team including overtime. Sportsbooks may also offer total lines for each period. You bet on whether the actual result will be Over or Under the sportsbook’s line.

Placing an Over-Under Total Bet
Select “Over-Under Total” from your sportsbook’s betting menu. Next, select a game segment: game, 1st period, 2nd period, or 3rd period. Finally, select either the over or the under.

Pick the Over or the Under

Taking the Over
Over will be abbreviated as “o”. A bet on the Over wins if the final total is greater than the sportsbook’s line. For example, consider a 4.5 goal total line. If the actual game total is 5, over bettors win.

Taking the Under
Under will be abbreviated as “u”. A bet on the Under wins if the final total is les than the sportsbook’s line. Consider again a 4.5 goal total line. If the actual game total is 4, under bettors win.

NHL Total Example

Total
Game
Line & Odds
Tampa Bay Lightning
Carolina Hurricanes
2/11/22 8:05pm EDT
5 o -141
5 u +120
  1. The Over-Under Total line is 5.
  2. Over bettors believe the final total will be greater than 5. They risk $141 to win $100.
  3. Under bettors believe the final total will be less than 5. They risk $100 to win $120.

Example Result: Final goal total is 6.
The 6 goal final total is over the sportsbook’s 5 goal line. That means all over bettors win.

If the final goal total was 4 or fewer, all under bettors would win.

Note: Tie bets are possible when the total is a whole number like 3, 4, 5, or 6. Your bet will be returned if the final goal total equals the line. This is also called a push. All bets will be refunded.

More Over-Under Total Info

Our total betting video makes the over under bet easy to understand. The reference section explains how to calculate the value for the opposite side of the line when sportsbooks charge more than -110 juice. Note, most sportsbooks provide juice for both sides of a line at their websites. Calculating the opposite side is only necessary when viewing condensed third party odds tables.

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How an NHL Puck Line Bet Works

The puck line is similar to a football or basketball point spread bet. A puck line bet is made on the expected score difference. The puck line attempts to equalize two mismatched competitors. Favorite teams give goals to the underdog. The underdog takes goals from the favorite.

Sportsbooks commonly offer puck lines for the game and 1st period. Major events like the NHL playoffs and Stanley Cup playoffs may get puck lines for the 2nd period and 3rd period. Period puck lines are typically a ½ goal.

Placing a Puck Line Bet
Select “Puck Line” from your sportsbook’s betting menu. Next, select a game segment: game or 1st period. Finally, select either the favorite or the underdog.

Pick the Favorite or the Underdog

Taking the Underdog
Underdogs have a plus sign next to their puck line. An underdog bet wins if the final score difference is less than the puck line. A +1.5 goal underdog must win outright, tie, or not lose by more than 1 goal.

Taking the Favorite
Favorites have a minus sign next to their puck line. A bet on the favorite wins if the final score difference is greater than the spread. A -2.5 goal favorite must win by 3 or more goals for your bet to win.

NHL Puck Line Example

Puck Line
Game
Line & Odds
Tampa Bay Lightning
Carolina Hurricanes
2/11/22 8:05pm EDT
-1.5 +225
+1.5 -278
  1. The Tampa Bay Lightning are the -1.5 goal favorite.
  2. Favorite bettors risk $100 to win $225 on Tampa Bay.
  3. The Carolina Hurricanes are the +1.5 goal underdog.
  4. Underdog bettors risk $278 to win $100 on Carolina.

Example Result: Tampa Bay wins 4-2.
The final score difference is 2 goals. 2 goals is greater than the 1.5 goal line. That means all favorite bettors win.

If the Carolina Hurricanes lost by 1 goal, tied, or won outright, all underdog bettors would win.

Note: NHL puck lines always contain ½ goals. The most common puck line is 1.5. 0.5 and 2.5 puck lines are less common.

NHL Odds Example

NHL Odds and Outcomes Explained

Game
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Golden Knights
Stars
8:00pm EDT
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Underdog Vegas Golden Knights - Vegas Golden Knights bettors risk $100 to win $42.55 at -235 odds.

A +1.5 Vegas Golden Knights underdog bet wins if they lose by 1, tie, or win outright. Your bet loses if they lose by 2 or more.

Favorite Dallas Stars - Dallas Stars bettors risk $100 to win $190 at +190 odds.

A -1.5 Dallas Stars favorite bet wins if they win by 2 or more. Your bet loses if they win by 1, tie, or lose outright.

More Puck Line Info

Watch our spread betting video and read our complete spread tutorial. You’ll also find betting strategies, spread to moneyline conversions, and other insights.

Exotic NHL Bets

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NHL Parlay Betting

A parlay bet combines 2 or more selections into one bet. Puck lines, Point spreads, over-under totals, moneylines, and some prop bets are commonly combined to make a parlay bet.

How to Place an NHL Parlay Bet

  1. Select 2-15 puck lines, totals, moneylines, or a combination of all three.
  2. Matchups from other sports like football, basketball, soccer, or baseball can be included.
  3. All selections must be correct to win.
  4. Each tie reduces a parlay payout by 1 selection. For example, a 3 selection parlay with 1 tie becomes a 2 selection parlay.

More Parlay Bet Info

Our parlay betting tutorial explains this bet in detail with examples and suggested betting options. Learn what happens when one or more parlay selections tie.

The reference section discusses the difference between standard parlay odds and true odds.

Winning bettors should always choose the parlay over separate straight bets. Your +EV (expected value) is much higher for a winning parlay.

NHL If Bet Win-Only

An if bet win-only is a sequence of 2-7 straight bet selections. The next selection only sees action if the previous selection wins.

Think of an if bet win-only as a simple chain of “if – then” statements. If my first selection wins, then my second selection sees action. If my second selection wins, then my third selection sees action, etc.

Why place an if bet win-only bet?
Make multiple bets when you only have money for one. That makes if bets ideal for players with small bankrolls.

The if bet win-only is a single action wager.

How to Place an NHL If Bet Win-Only

  1. Select 2-7 puck lines, moneylines, totals, or combinations of all three from one or more different sports leagues.
  2. Your next selection sees action if the previous one wins.
  3. The sportsbook will grade a tie selection as a loss.

NHL If Bet Win-Only Example

Let’s place a 2 selection if bet win-only. We’ll risk $150 on the first selection. Note how the odds affect the potential payout.

Boston Bruins +1.5 -150 Puck Line
Florida Panthers vs. Toronto Maple Leafs 4.5 o -110 Total

The following tables show different outcomes depending on each selection’s result. Remember, the sequence ends after the first losing selection.

This table shows the Win/Loss result when both selections win.

Both Selections Win
Selection Result Risk/Win Total Win/Loss
Boston Bruins +1.5 -150
Puck Line
Win $150 Risk
$100 Win
$100
Florida Panthers vs.
Toronto Maple Leafs o 4.5 -110
Total
Win $110 Risk
$100 Win
$200
($100 + $100)

The second selection, Florida Panthers vs. Toronto Maple Leafs o 4.5, sees action after the first selection won.

You win $200 for risking $150 because both selections were correct.

More If Bet Win-Only Info

Our helpful if bet win-only tutorial offers an in-depth explanation of this bet.

The reference section compares the performance of 2 losing straight bets versus a losing 2-selection if bet win-only.

Hint: A losing if bet win-only is less costly than separate losing straight bets. The if-then sequence ends after the first loss while separate straight bets cannot be canceled.

NHL Parlay Card Betting

A sportsbook will create a list of puck lines, point spreads, totals, or player props from one or more leagues. The list will be printed on paper for in-person betting or found on a sportsbook’s website for online betting.

Your parlay card wins if all your selections win. A tie selection counts as a win if you bet a “ties win” parlay card.

Your parlay card loses if any of your selections lose. It also loses if you bet a “ties lose” parlay card and one of your selections tied.

Sportsbooks offer 3 types of parlay cards. Rules and payouts vary for each:

  • ½ Point Parlay Card (most common)
  • Ties Win Parlay Card
  • Ties Lose Parlay Card

A common parlay card minimum bet is $2. Parlay card maximum bets will be subject to sportsbook approval. Most players bet less than $100 per card. Maximum payout amounts range $100,000 – $200,000.

How to Bet an NHL Parlay Card

  1. Parlay Cards are readily available at Las Vegas sports books. Bet “off the board” parlays at online sportsbooks.
  2. Review all matchups and player props. Make 3-12 selections. Fill out your card carefully.
  3. Ties are subject to the parlay card’s rules. Ties aren’t possible with ½ point parlay cards.
  4. Return to the sportsbook with your winning receipt or stub to collect winnings. You may also collect your winnings by mail.

More Parlay Card Info

Our parlay card tutorial offers a comprehensive explanation of this popular exotic bet. It also includes an image of a real parlay card. Review each parlay card’s potential payouts. The more selections you make, the more you can win.

Each payout is fixed in advance. Be sure to read the rules. Carefully review minimums for prop bet cards, contingencies for tie bets, and how to claim your winnings.

Important: Parlay cards are like lottery tickets. They must be filled out completely. Bubble-in your selections with a good pencil or pen. Retain the card until all matchups have finished.

Note the redemption mailing address. Winning cards can be mailed in for a return check.

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NHL Props

NHL Prop Bets - Next 4 Games
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Stars
Total Shots On Goal
VGK at DAL
8:00pm EDT
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Golden Knights
Total Shots On Goal
VGK at DAL
8:00pm EDT
Bet
Golden Knights
Stars
Total Power Play Goals - Game
8:00pm EDT
Bet
Alex Pietrangelo
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
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Chandler Stephenson
To Score 1 Point
VGK at DAL
8:00pm EDT
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Ivan Barbashev
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Jack Eichel
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Jamie Benn
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
BetRivers BetRivers
Jason Robertson
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Joe Pavelski
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Jonathan Marchessault
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Mark Stone
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
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Mason Marchment
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Max Domi
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Miro Heiskanen
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Nicolas Roy
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
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Reilly Smith
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Roope Hintz
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Shea Theodore
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Tyler Seguin
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
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William Karlsson
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Wyatt Johnston
To Score 1 Point
VGK at DAL
8:00pm EDT
Bet
Jets
Golden Knights
6/17/23 8:01pm EDT
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Kings
Oilers
6/17/23 8:01pm EDT
Pending BetRivers
Islanders
Hurricanes
6/18/23 8:01pm EDT
Pending BetRivers

A prop or proposition bet is side bet placed on an event that isn’t dependent on the game’s final outcome.

Common prop bets are for whether a particular event will occur or not. One side of the bet will be “Yes”, the other side “No”. The sportsbook will offer odds for each outcome.

NHL Season Win Totals
Season win totals are a combination prop and future bet. These bets are available before the season begins.

How to Place an NHL Prop Bet

  1. Select the game or event from your sportsbook’s list of upcoming matchups.
  2. Each prop bet outcome will have moneyline odds.
  3. Make a selection and bet your desired amount.
  4. Your bet wins if you picked the correct outcome.

Note: Some props cannot be added to parlays.

More Prop Bet Info

Read our expansive prop betting article. These bets are popular with knowledgeable sports handicappers if the numbers are right.

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NHL Stanley Cup & Conference Futures Odds

2023 Stanley Cup Odds

Team
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Panthers
Golden Knights
Stars

NHL Season Win Totals

The season win total is part prop, part future hybrid. The plus and minus values assign odds to either side of the team’s win total line. This bet functions like a total bet. Choose either over or under the sportsbook’s line.

Example Boston Bruins Season Wins

  • 41.5 u -120
  • 41.5 o +150

This win total line includes ½ games. That means no tie bets are possible.

Options:
Risk $120 to win $100 that the Boston Bruins win less than 41.5 games. A result of 41 or fewer wins.
Risk $100 to win $150 that the Boston Bruins win more than 41.5 games. A result of 42 or more wins.

Handicap a team’s NHL win total using its upcoming schedule, likely starters, and any recently drafted players. Remember, you can bet bet under the sportsbook’s line if the win total is too high. If you believe a team is likely to have a losing season, bet under a win total line that looks too high.

NHL Season Win Totals by Conference

2022 NHL Eastern Season Win Totals
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2022 NHL Western Season Win Totals
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Tip

Place small bets. Your money will be tied up until the wager can be graded. This commonly happens at the end of the season. Or, when the team can no longer win enough games to exceed the win line. Then the under wins.

NHL Standings



2022-2023 NHL Regular Season Standings
Team GP W L OT wPct Pts ROW GF GA Diff Home Away SO L10 Strk
p - Boston Bruins82651250.79313561305177+128.034-4-331-8-24-39-1-0W8
y - Carolina Hurricanes82522190.63411348266213+53.028-10-324-11-64-35-5-0W2
x - New Jersey Devils82522280.63411250291226+65.024-13-428-9-42-47-3-0W2
x - Toronto Maple Leafs825021110.61011149279222+57.027-8-623-13-51-27-1-2W4
z - Vegas Golden Knights82512290.62211146272229+43.025-15-126-7-85-46-1-3W2
x - Edmonton Oilers82502390.61010950325260+65.023-12-627-11-30-49-0-1W9
y - Colorado Avalanche82512470.62210945280226+54.022-13-629-11-16-38-1-1W2
x - Dallas Stars824721140.57310843285218+67.022-10-925-11-54-38-2-0W6
x - New York Rangers824722130.57310743277219+58.023-13-524-9-84-35-2-3L1
x - Los Angeles Kings824725100.57310441280257+23.026-11-421-14-66-35-5-0W2
x - Minnesota Wild824625110.56110339246225+21.025-12-421-13-77-65-3-2OT1
x - Seattle Kraken82462880.56110046289256+33.020-17-426-11-40-46-4-0L2
x - Tampa Bay Lightning82463060.5619843283254+29.028-8-518-22-13-24-6-0W1
x - Winnipeg Jets82463330.5619545247225+22.026-13-220-20-11-16-4-0L1
x - New York Islanders82423190.5129341243222+21.025-13-317-18-61-55-4-1W1
Calgary Flames823827170.4639336260252+8.020-16-518-11-122-56-2-2W1
x - Florida Panthers82423280.5129240290273+17.023-13-519-19-32-16-3-1L1
Nashville Predators82423280.5129236229238-9.022-15-420-17-46-26-4-0L1
Pittsburgh Penguins824031110.4889139262264-2.023-13-517-18-61-15-4-1OT1
Buffalo Sabres82423370.5129139296300-4.017-20-425-13-33-37-2-1W2
Ottawa Senators82393580.4768637261271-10.024-14-315-21-52-14-3-3OT1
Vancouver Canucks82383770.4638332276298-22.019-20-219-17-56-25-3-2W2
St. Louis Blues82373870.4518134263301-38.018-17-619-21-13-34-5-1L3
Detroit Red Wings823537100.4278032240279-39.019-17-516-20-53-44-5-1L4
Washington Capitals823537100.4278033255265-10.018-16-717-21-32-42-6-2OT1
Philadelphia Flyers823138130.3787529222277-55.018-18-513-20-82-13-6-1W2
Arizona Coyotes822840140.3417025228299-71.021-15-57-25-93-41-7-2OT1
Montreal Canadiens82314560.3786826232307-75.017-21-314-24-35-23-7-0L3
San Jose Sharks822244160.2686021234321-87.08-22-1114-22-51-63-6-1L5
Chicago Blackhawks82264970.3175924204301-97.014-23-412-26-32-22-7-1OT1
Columbus Blue Jackets82254890.3055924214330-116.016-23-29-25-71-12-6-2L1
Anaheim Ducks822347120.2805820209338-129.012-25-411-22-83-30-8-2L2

NHL Odds Comparisons

NHL Betting Resources

  • NHL Betting Guide – The action is on the ice with NHL point spreads, totals, and puck lines. We also explain how to bet NHL parlays and props.
  • NHL Betting Sites – SportsBetting3.com has reviewed top NHL betting sites just in time for the big game. The action is on the ice!
  • NHL Odds – Moneyline, total, and puck line odds for upcoming NHL matchups, plus odds to win the Stanley Cup, each conference, division, and various player trophies.
  • NHL Prop Bets – Learn how to bet NHL props with our helpful tutorial, then see the latest NHL prop bets from upcoming matchups.
  • Stanley Cup Betting Odds – Latest odds to win the Stanley Cup, plus ways to bet on the Stanley Cup finals.
  • Winning NHL Betting Strategies – Intermediate to advanced ways to sharpen your NHL handicapping to place winning hockey bets.
  • How to Bet on NHL Puck Lines – Quick primer on what NHL Puck lines are and how to add them to your wagering arsenal.