With a TV viewership of 4.59 million per game in the US alone, the NHL is one of the most watched leagues in the world. This fact shows how much people love hockey. They also love to bet on it, and if you’re one of them, this article is for you!

Let’s take a look at some of the best tried and tested NHL betting strategies.

Betting on the Favorites

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Research has found that the betting favorites won 60.34% of the games over the previous five NHL seasons. This means that for every three bets you make, two should win if you back the favorites.

We know this, but unfortunately, so do the bookies. This is why the Moneyline odds on favorites can sometimes be too short. You shouldn’t expect to make millions betting on the favorites. If you’re dreaming of significant figures, finding betting value is the road you should take.

Finding Value

Finding the Value image

Overall, betting favorites win most of the time, but surprises do happen in hockey. The trick is to figure out when an upset is going to happen.

Firstly, you should check the stats, injury news, head-to-head records, and more. This will take a lot of your time (and nerves), but it will pay off. The odds on underdogs (or slight favorites) are usually over +100.

Chasing Longshots

If you still think the favorite will win even after doing your research, maybe it would be worth trying to back the underdog. This goes especially if the odds are too long. Betting on longshots can bring significant money your way, even on relatively small bets.

Sure, don’t expect long-shot bets to win too often. However, there are some cases when betting on the underdogs is the right thing to do. For example, if the favorite has already secured its place in the Stanley Cup Playoffs, it wouldn’t be dumb to bet on the underdog in a regular-season game.

Betting On the Tie

The regulation has three possible outcomes – away win, home win, and tie.

The tie refers to the scenario in which the two opponents have scored an equal number of goals after 60 minutes of the regular period.

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Ties don’t happen too often, but they do happen. It’s fair to say that at least one game of every NHL game week will go to overtime. Knowing this, it’s not crazy to use the hockey betting strategy that promotes betting on ties.

This goes especially because the odds on the tie are usually very long. Don’t trust us? Just take one random NHL game, and you’ll see that the tie is priced at (at least) +300.