Hockey Odds Explained

Official texas holdem poker rules. Texas Holdem Betting Strategy Betting is the crux of poker. The game of Texas Hold'em consists of a series of bets based on the perceived strength of your cards – without betting, it would.

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Check out ESPN.com's NHL Daily Lines for the latest from pro hockey's betting books. Good luck with odds on the puck!

• Money Line: The most common way to bet on hockey is called the moneyline and it replaces a point spread as most games are low scoring. Your team only has to win the game, not win by a certain number of goals (or points as in basketball or football). Negative and positive values relate to favorites (-150) and underdogs (+130). Picture the number 100 sitting in the middle of these two values to understand it more easily. Example: if you want to bet a -150 favorite, you would risk $150 to win $100 (or on a smaller scale, $15 to win $10). On a +130 underdog, you would risk $100 and win $130 if the underdog wins. It's risk-reward. Instead of a point spread, you have to risk more to bet the favorite and you get a bigger payout if you back the underdog.

• Puck Line (Canadian Line): The puck line combines the moneyline with a point spread where a team has to win by two or more goals to win the wager. The negative value -1.5 indicates that team is favored by 1.5 goals. The positive value +1.5 indicates that team is the underdog by 1.5 goals. Betting the favorite means the team must win by at least two goals to cover the puckline spread. The underdog team can lose by one goal and still cover the puck line. NHL action sees many 3-2 and 4-3 games and shootouts in hockey, this can be profitable. You will also see a -135 or +180 value linked to the puck line. This is the moneyline part and shows how much you need to risk and how much you will profit. Example, if a team is -1.5, +180 and you wagered $100, that means you would profit $180 (+180) if the team wins by two goals or more. On the flip side, a team that is +1.5, -135, you would have to risk $135 (-135) to back the team. If they win the game or only lose by just one goal, you have a winning wager of $100.

Hockey Plays Explained

• Hockey Stanley Cup and Football Super Bowl Point Spreads Understanding NFL football betting odds & weekly point spread is important. If you plan on NFL football picks, this document will be of essence. It's imperative to use live NFL odds for every spread, total and money line for the games in a given week.
• The fractional odds for the wager listed above would be 29/20, with the decimal format listed at 2.45. If you were to pick the Red Wings in this particular instance, it is basically insurance because you do not believe in Detroit's ability to win outright.

Understanding Hockey Odds

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