Though it is a distant memory, Canadian-born athletes once dominated the National Hockey league. However, there are now several athletes from different parts of the world like Europe and America. The increasing rate of athletes has brought about an interest in hockey all over the world.
With this, traditional and crypto casinos started to pick an interest and made it one that punters can bet on. Despite this, several factors affect the outcome of all games. Those who wish to venture into Ice hockey crypto betting should note these factors to help them determine the game’s outcome. A lot of the top crypto sportsbooks offer the Ice Hockey betting market.
This article will look closely at these factors and the best way to wager to receive maximum profit.
Betting options for ice hockey
Just like every sport, there are several betting options available for Ice hockey. A player needs to understand the concept behind each betting type to know which to use. They include:
- Moneyline
- Over/under bet
- Puck line bet
- Point spread
- Regulation time bet
- First period
- Parlays
Moneyline bet
The term ‘Moneyline is the American version of the ‘win-draw-win’ market. Moneyline is a straightforward type of bet. Here, all a player needs to do is to predict who will win the game.
Over/under bets
Here, a player will try to predict the total number of goals the two teams will score. Over/Under bets are beneficial when a player bets according to home-away and goaltenders statistics.
Puck Line
With Puck Line, a player gets a standard point of -1.5 on the favorite and +1.5 on the underdo. Puck Line provides a good and better payout because of the higher risk betting factor.
You should keep in mind that ice hockey gives a win for gamblers who go for the +1.5 spread.
Point spread bets
Aside from Puck Line spreads of -1.5/+1.5, other spreads are available. These are point spreads of 2.5 and 3.5. Because of the low scoring rate in the game, this type of bet usually has higher payouts. Therefore, you should look out for some selections of value.
First-period bets
Here, a player bets on the first twenty minutes of the game. The stakes can either present themselves as Moneyline bets or spreads. In Moneyline, you can choose who will win that period while spreads have the option of -0.5/+0.5
Regulation time bets
Regulation time is an alternative to money line bets. Here, punters place their bets on spreads of -0.5 and +0.5 on favorites and underdogs, respectively.
Players that play on favorites win the bet if the team wins in the regulation time. However, gamblers who bet on underdogs win if their team wins in regulation. The underdog team also wins if the game carries on into extra time.
Parlay bets
In this type of betting, gamblers combine an over/under bet with a money line bet. This is done in games that feature two goaltenders that are below average.
To receive a payout, you have to win both bets, which some might find impossible. Nonetheless, the payout is much greater than single bets.
Future bet
Some gamblers are talented at predicting future games, and this option is the best for them. Here, you get to predict the possible outcomes of games in the coming months and also years.
With all the types of bets we have listed and explained, you now have a broad knowledge of betting types. One piece of advice, if you want to make maximum profit, avoid parlays because they offer poor value in the long run.
However, other betting options are profitable, and all you have to do is find the best for you. Still, while doing this, you should consider some things that will move the odds in your favor.
Betting strategies for Ice hockey
- Watch every game
We cannot overemphasize this fact. To avoid wagering on the wrong individual or team, you have to know their strengths and weaknesses. One of the ways to find out is by watching as many games as possible.
Some players might prefer to look at the scoreboards at the end of the game, but these scores often change. To be sure of scores, watch these games first hand. Then, you can decide where to place your hard-earned money.
- Read team reports
Though this might seem like an inconsequential thing to do, team reports provide in-depth information on the teams you plan to bet on. These reports are gathered by informed journalists and states the strengths of team players. With this kind of information, you can be a successful ice hockey gambler.
- Be informed about the starting goaltenders
Goaltenders have a direct influence on how a team wins or loses. Before making any bets, be sure to read up on goaltenders and how many goals they have allowed. Sometimes, teams may decide to rest their goaltender and pick the backup. If this happens, the odds could move for or against you.
Less popular teams
Gamblers tend to place more bets on renowned teams, making the odds on less popular teams desirable. These teams have better odds with a lower risk rate. Therefore, betting on these underrated teams could be profitable for you.
Shootout and overtime
After the 2005 season, the NHL implemented the shootout, which removed ties in a game. A team is given one point for any game that ends in a draw after the regulation time. The same team also earns more points if they win the competition.
If you expect a game to close, you should consider the fact above, especially for Pluck line bets.
Conclusion
With all you have read, you know there are many things to consider when placing bets on ice hockey. To reduce guesswork, be sure to update yourself with team reports. Also, watch a game first hand to identify strong or have the potential to be outstanding.
For better crypto profits, stick to bets like puck lines and spreads, especially for the underdogs.
Though betting on the sport might seem less profitable than others, it has better opportunities than some. Therefore, placing bets on the game will only get better in the future.
