NHL ODDS AND BETTING LINES

The National Hockey League (NHL) is one of the most exciting sports leagues in the world, and Lines.com has you covered for all of its wagering options. From free picks to analysis from our panel of experts, you can rely on Lines.com for the best in NHL betting lines and advice throughout the hockey season.

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NHL BETTING ODDS & PAYOUTS: HOW TO READ NHL ODDS

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NHL Betting Odds work very much like the odds available in other major sports like the NFL/college football and NBA/college basketball, plus MLB.

There are favorites and underdogs, point spreads, over/under totals, and a wide array of prop NHL bets that can keep you in the game every night of the season.

Lines.com is here to guide you through the full menu of options and compare hockey odds that are certain to satisfy any betting appetite.

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Best NHL Odds

TYPES OF NHL GAME BETS

The NHL is in action across the United States and Canada almost every night of its nine-month season. That provides a hockey bettor a plethora of individual games to choose from, with each one providing its own expansive set of options.

Lines.com is here to explain those wagers and the best ways to play them. Make sure to check out our expert analysis daily.

Top Picks For The Week

Moneyline Pick Cover
Moneyline Pick
Florida Panthers
Panthers
vs
Edmonton Oilers
Oilers
Florida Panthers
Panthers
+100
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Confidence Level i
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The Florida Panthers take on the Edmonton Oilers at Rogers Place on Saturday, June 15th, at 8:00 PM EDT
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Bet $100 Payout $200
NHL Computer Pick
Puck Line Pick Cover
Puck Line Pick
Florida Panthers
Panthers
vs
Edmonton Oilers
Oilers
Florida Panthers
Panthers
+1.5
Unlock this edge for $29.95 a month
Confidence Level i
Unlock
The Florida Panthers take on the Edmonton Oilers at Rogers Place on Saturday, June 15th, at 8:00 PM EDT
View this Pick
Bet $100 Payout $136
NHL Computer Pick
Over/Under Pick Cover
Over/Under Pick
Florida Panthers
Panthers
vs
Edmonton Oilers
Oilers
Over
5.5
Unlock this edge for $29.95 a month
Confidence Level i
Unlock
The Florida Panthers take on the Edmonton Oilers at Rogers Place on Saturday, June 15th, at 8:00 PM EDT
View this Pick
Bet $100 Payout $200
NHL Computer Pick
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MONEYLINE

An NHL Moneyline is the most simple and most popular bet there is. You only have to pick the team that will win outright.

One team is designated as the favorite, while the other team is designated as the underdog.

Bettors can make a wager with minus odds on the team favored to win while they would receive plus odds for a bet on the underdog. In rare instances when the teams are evenly matched, each side will have narrow or identical odds (much like a pick ‘em game in football).

For example, the New York Rangers are favored at -140 against the underdog Philadelphia Flyers at +120. So a bettor would have to wager $140 to get back a $100 profit if the Rangers win the game, or bet $100 to get back a profit of $120 if the Flyers prevail.

The more powerful the favorite is, the more money you would have to bet to make a $100 profit. The weaker the underdog may be, a bigger payout is possible on a $100 wager.

A regular moneyline bet is based on the outcome of the game either in regulation, in overtime, or in a shootout.

Many sportsbooks offer a 60-minute moneyline odds to bet on hockey, which is based on the result after only the three 20-minute periods. These are usually plus odds for both sides, with an additional option for a tie game after 60 minutes. This is a good way to bet on hockey if you want a bigger payout for your preferred side, but they have to be the team to win without needing extra time.

NHL Schedule

TOTALS

An NHL Totals (over/under) bet works in the same way as a total in the NFL, NBA or MLB.

A hockey total is based on the total number of goals scored by both sides in the game. Unlike totals in other sports, which vary greatly based on the scoring factors in those sports, an NHL Total is usually posted as Over/Under 6.5 goals.

A game that is expected to be high scoring will have minus odds on the Over and plus odds on the Under. Conversely, a game that is thought to be played as a defensive struggle will have plus odds on the Over and minus odds on the Under.

For example, the powerful Vegas Golden Knights are taking on the explosive Toronto Maple Leafs. The Totals odds are -160 for Over 6.5 and +130 for Under 6.5. You would have to wager $160 and a bettor would win $100 if you think there will be more than 6.5 total goals scored in the game, or wager $100 and you’d win $130 if you think there will be fewer than 6.5 total goals scored.

Another possibility is this: The stalwart Boston Bruins are facing the stingy New York Islanders. The Totals odds are -145 for Under 6.5 goals and +115 for Over 6.5 goals. A wager on the Under would require $145 to win $100 if fewer than 6.5 total goals are scored and a bet on the Over would require $100 to win $115 for more than 6.5 total goals scored.

Be aware that sportsbooks can use the goal awarded by victory in a shootout as part of the Over/Under betting result.

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PUCK LINE

An NHL Puck Line works just like a point spread does in NFL and NBA, or like a run line in MLB.

The favorite that is likely to win will “give” a certain number of goals while the underdog will “get” the same number of goals.

Because NHL games are often close contests, the Puck Line is almost always 1.5 goals across all sportsbooks. In rare instances between a powerful team and a much weaker one, a Puck Line of 2.5 goals might be used.

This option can be attractive because a bettor will usually get plus odds on the Puck Line favorite while they would receive minus odds on the Puck Line underdog.

For example, the New Jersey Devils are the Puck Line favorite at +160 against the Columbus Blue Jackets at -200. Bettors would wager $100 to win $160 on the Devils, but at -1.5, they have to win by two goals or more. Or you can wager $200 to win $100 on the Blue Jackets, who would just have to lose by only one goal (or actually win the game) at +1.5 to get that payout.

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PARLAYS

Using these building blocks, an NHL bettor can combine them into a Parlay Bet to create a higher payout. All “legs” of the parlay must win for the bet to cash, however, so good handicapping is paramount.

For example, if a bettor believes the Tampa Bay Lightning will easily defeat the Montreal Canadiens in a high-scoring game, they can create a parlay of – Tampa Bay puck line (-1.5 goals), Tampa Bay over goals (more than 3.5 goals scored by the Lightning) and Over/Under 6.5 goals (total goals in the game) – to boost a possible profit.

Online sportsbooks or betting apps often will provide an opportunity to also use Player Props or Team Props as part of an NHL Parlay Bet, so make sure you are familiar with the combinations your preferred site allows.

Best NHL Parlay Picks

WAYS TO BET ON NHL: PROP BETS, LIVE BETTING, AND MORE

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Many sportsbooks provide even more exciting ways to get in on NHL betting action. These include Prop Bets (a proposition bet on something that might happen during the game outside of the win-loss result), Live Betting (wagers made while the game is being played), and Futures Bets (based on the outcome of the season as a whole).

NHL Power Rankings

NHL PLAYER PROP BETS

NHL Player Prop Bets allow you to wager on the performance of an individual player in any particular game.

For example, if you believe Edmonton Oilers superstar Connor McDavid is ready for a big game, you can bet on him as an Anytime Goal Scorer (to score at any point in the game), First Goal Scorer (to open the scoring in the game overall), To Score 2+ Goals, To Have 6+ Shots On Goal, and so on. 

The options really are limited only by what a sportsbook is willing to offer.

NHL Props

NHL LIVE BETTING

Sportsbooks have evolved to the point that they will allow you to bet on an NHL game even after it starts and until the final horn sounds – and at every point in between.

Options remain the same – pick which team will win (moneyline), puck line, total, etc. – and the advantage is that you can see how the game is playing out before risking a bet.

Also, because there are many breaks and the scoring isn’t as fast and furious as it may be in an NBA game, there is a more comfortable timeframe to use Live Betting on NHL games.

Best NHL Coaches

NHL FUTURES: PLAYOFFS, NHL DIVISION WINNERS, STANLEY CUP ODDS

An NHL Futures Bet can let you make a wager that will hold your interest over the entire season.

The most popular type of this bet is on the team that will win the Stanley Cup. You can also wager on which teams will play for the most famous trophy in sports by betting on the winners of the Eastern and Western Conferences.

Another popular type of Futures Bet is based on postseason awards, where you can often get an attractive odds table for the players who will win the Hart Trophy (MVP), Art Ross Trophy (points leader), Rocket Richard Trophy (goals leader), Calder Trophy (rookie of the year), Norris Trophy (best defenseman) or Vezina Trophy (best goalie).

Odds to win the Stanley Cup

Odds to win the NHL Eastern Conference

Odds to win the NHL Western Conference

FAQs

How do you read NHL odds?

Always remember NHL Lines, like most every other sport, are based on a $100 wager. A minus line means you have to risk more than $100 to win $100, while a plus line means you will get back more than $100 by risking only $100.

That basis line is used for almost every type of NHL game wager.

Best NHL Fighters

What are the odds of making it to the NHL?

There are about 800 players on rosters at any one time during the 2023 NHL season. The odds of making it as one of those players obviously improve the higher level one plays at.

There are an estimated 1.64 million registered hockey players worldwide. About 1 in every 4,000 players who participate in Canadian minor hockey eventually get to perform in the NHL.

Most Unbreakable NHL Records

What are the NHL draft lottery odds?

The NHL Draft Lottery has gone through many changes since it was first implemented in 1995 to determine the No. 1 pick and order of selection for teams that do not qualify for the playoffs. Currently, the team with the worst record in the league during the regular season has an 18.5% chance to win the No. 1 pick. Odds decrease through the reverse order of standings from 13.5%, to 11.5%, and all the way down to a 1.5% chance of winning, with a team only able to move up four spots from its original position. For example, the 11th-worst team can only move up to the No. 7 overall pick if it does indeed win the lottery drawing.

NHL Mock DraftWhat are the best bets to place on the NHL?

Study the various offerings made by online sportsbooks and find the ones that you are most comfortable with. And always remember the $100 basis line that generates most wagering odds.

NHL Betting Guide

Where can I find the best NHL odds for the 2023-24 season? 

There are many online sports betting websites that can provide an excellent selection of NHL odds. Find the one you are most comfortable reading and using based on your betting style. Some popular options include DraftKings, FanDuel, BetMGM, Caesars and PointsBet.

Best NHL Betting Sites

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