A Guide on How to Bet on Hockey Online in Ontario
As hockey remains the leading sport for viewers in Canada, the major players in the NHL are eager to capture the betting market.Ontario Sportsbooks Expect moneyline bets, totals, and puck lines to draw significant action, much like UFC champion Georges St. Pierre faced tough competition.
Important Hockey Betting Terms
Before diving into the NHL betting, it’s essential to understand certain betting terminologies that can enhance your betting experience.
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Handicapper A handicapper is someone who analyzes and sets the odds, conducting research and predictions to evaluate the outcomes of sports events.![]()
Chalk Player A chalk player tends to agree with the bookmaker's NHL odds, usually betting on favorites to win or cover the point spread, which is a more conservative betting approach.![]()
Round Robin Round Robin betting is an innovative method that involves creating multiple bets from your parlay picks, inspired by the concept of Round Robin tournaments where all teams compete against each other. For instance, choosing 5 teams allows for 26 different bets (10 doubles, 10 trebles, 5 four-folds, and 1 five-fold), also known as a Canadian bet.![]()
Hedging Hedging refers to the strategy where, after placing an initial bet, you place another bet on the opposing side if the odds shift in your favor, helping to secure your original stake.![]()
Permutation Betting What exactly is a permutation bet? It involves creating multiple bets across different selections in various combinations. For example, selecting 3 teams could yield 3 distinct doubles (like AB, AC, and BC), resulting in 3 separate double parlays.![]()
Bankroll Your bankroll represents the funds available for betting, an amount you should be comfortable with losing, separate from your daily expenses. This is your designated betting reserve, and there are numerous strategies available online to help you manage and potentially grow your bankroll. Always gamble responsibly.
NHL Betting Odds, Lines, and Wagers in Ontario
Single game bets are being legalized across Canada, making NHL betting increasingly popular in Ontario. To engage in NHL betting, it's crucial to learn about the various types of odds and available wagers. Here’s an overview of what you can find through different betting operators:
Live Betting
Live betting options are available on many of the best NHL betting sites in Canada. You can place in-game bets on platforms such as Bet365 Ontario, where odds constantly adapt during the game through a method known as time decay, using specialized algorithms. While you can make various straight bets, you can also wager on options like 'next goal.' Having your betting tools ready will greatly enhance your live betting experience on NHL games in Ontario.Ontario betting app In Ontario, NHL hockey odds also include the ability to bet on each of the 20-minute periods of a game, with bets relevant only to the period selected. For instance, if you bet on more than 1.5 goals in the second period, the results from the first or third periods won't count.
Period Betting
Alternate lines are just as the name suggests; if you believe you need an additional goal for your bet on a few teams, some sportsbooks will offer this option. The NHL betting odds will be accordingly adjusted.
Alternate Lines
A parlay bet means you like two or more teams or totals and wish to combine them into one wager for the chance of a larger payout. Typical payouts for markets such as moneylines on parlay bets are around 2.6 to 1 for doubles and 6 to 1 for trebles. Keep in mind that parlay bets may not always yield profitable returns.
Parlay
Exotic wagers are essentially over-the-top prop bets, often revolving around significant events, like the world boxing match between Conor McGregor and Floyd Mayweather, or within the context of hockey betting, the Stanley Cup Finals. For example, prop bets could include the color of McGregor's shorts, aimed at engaging more casual audiences and increasing bet engagement.
Exotic Wager
Moneyline bets are straightforward wagers where you pick either side to win outright. They are a fun way to add excitement if your favorite team is playing. For instance, if you believe in the Toronto Maple Leafs to win and place a $150 bet with odds of -150, a victory would net you a profit of $100, with your original stake returned.
Moneylines
The puck line serves as the spread in hockey betting, similar to what you might find in other sports like MLB or NFL. If the Maple Leafs are at -1.5 on the puck line, they must win by two goals or more for your bet to be successful.
Puck Lines
The totals betting line ranks as the third most popular betting type. It sets an expectation around the number of goals to be scored in a game, often reflected in key numbers like 1, 2, and 3. Bettors can wager on whether the total will exceed or fall short of a certain figure, typically around 5.5 or 6.5 goals.
Totals Over/Under
Futures betting in hockey represents a longer-term wager throughout the season. For example, one might bet on the Maple Leafs to win the Presidents' Trophy before the season starts, potentially at favorable odds if they end up with the highest points by the season's conclusion.
Futures
Prop bets are unique wagers made during a game that do not relate directly to the outcome of the match itself. They can include markets for 'most valuable player' or 'to score the most goals' within the NHL. These bets provide opportunities to gain insights or advantages in hockey betting in Ontario and can lead to increased winnings.
Prop Bets
Grand Salami betting allows you to wager on the combined total scores of all NHL games played on a given day. This type of wager is based on the total (cumulative) scores of all the teams competing together.
Grand Salami
Understanding the Bookmakers Fee for Hockey Betting in Ontario
The term 'juice' or 'vig' refers to the commission taken by sportsbooks, which is an essential factor to keep an eye on across various betting platforms. This juice is akin to the hold, which represents the overall market margin.
We can calculate the juice using a simple formula: Vig formula is 1-(1/book %) x 100 .
For example, if the market adds up to 105%, the calculation would be: 1-(1/105) x 100 = .047 x 100 (which converts to percentage) = 4.7% as the bookmaker's commission. Note that the vig may vary based on the NHL sportsbook you select in Canada.
The NHL season is a lengthy one, during which each team plays 82 games before heading into the playoffs for the Stanley Cup. This rapid pace means that sportsbooks typically release NHL betting lines in Ontario at least one day ahead of time.
🔥 OTHER NHL ODDS PAGES:
Hockey Odds Movement
It's advisable to sign up for one of the leading sportsbooks that also allows ample time to analyze the games you wish to bet on.
These platforms will also provide odds on prop bets and other less common markets. Posting lines ahead of time enables bettors to detect significant line shifts before the action begins, which opens up hedging opportunities.
The betterOntario sports betting Betting in the NHL Playoffs in Ontario
The playoffs are thrilling and often unpredictable, creating ample opportunities for high EV betting by supporting underdog teams during NHL wagering.
With so much excitement, you can leverage overs and discipline props markets. Notably, in the 2011-12 season, the LA Kings captured the Stanley Cup as the 8th seed. In knockout formats, targeting teams with robust defense and strong goalkeepers usually pays off.
Placing bets on NHL games through mobile devices enhances the betting experience. Online gamblers in Ontario prefer hockey betting applications that are easy to install on their devices. An effective NHL sportsbook app should offer all the functionalities available on the desktop site, designed for user-friendliness on smartphones. You can easily download the NHL betting apps and place live bets on the move, whether you’re traveling or visiting a friend. If you're short on time before the game starts, having the app on your mobile will relieve unnecessary stress!
Stanley Cup Odds for Local Teams
Betting on Hockey from a Mobile
Common Mistakes in Hockey Betting to Watch Out For
A vital aspect of enjoying sports betting is actively observing and analyzing games. Understanding the intricacies and factors involved can help you spot advantageous moments when betting on NHL lines. Hockey differs in its nuances from many other popular sports. Here are critical considerations to remember when betting on hockey in Ontario:
🚨 Shooting Stats - Reviewing teams' recent shot totals might be misleading. Weaker teams often shoot more frequently to increase their scoring chances, so be cautious not to overemphasize this metric.
🚨 Consider the Goaltender - The goaltender's role is paramount when placing NHL bets. Injuries can significantly impact the Stanley Cup season, and the absence of a top goalie should not be underestimated.
🚨 Neglecting Home and Away Team Differences - In loud and competitive sports, home advantage is crucial, and the NHL does not differ in this regard. The home team tends to have a pronounced edge, while travel can affect the away team's energy levels. Weighing these aspects against the offered odds can help assess the true value in betting lines.
Current NHL Betting Lines: Top NHL Props & Expert Picks for Today
Familiarize yourself with online hockey betting as you get ready to make legal wagers. Discover the premier NHL betting platforms available in Ontario and start placing your bets on every game.
The Quickest Casino Withdrawals in Ontario
NHL Odds for Today: Puck Line, Props, & Select Picks
| ✅ Step #1 : Pick a username and a password. |
| A Comprehensive Guide on How to Place Hockey Bets Online in Ontario |
| As hockey continues to reign as Canada's top spectator sport, all major teams in the National Hockey League (NHL) are vying for your attention. |
| Moneylines, totals, and puck lines will be in higher demand than ever, similar to how George St. Pierre dominated his UFC challengers. |
Ready to Bet on Hockey in Ontario?
If you’re keen on making a wager on the NHL event schedule, there are several betting terminologies worth understanding to ensure you’re fully prepared for the action ahead.
Ontario Hockey Betting FAQ
A handicapper is someone who evaluates and determines betting odds, playing a crucial role in analyzing, predicting, and measuring the outcomes of sports contests.
A chalk player typically aligns with the NHL odds provided by bookmakers, opting to bet on the favorites to win the game and/or cover the spreads or puck lines. This approach tends to have less risk associated with it.
Round Robin betting offers a unique twist on parlay betting, requiring multiple bets to be placed in various combinations from your parlay card. The method is inspired by Round Robin tournaments, where each team competes against all others in their group at least once. For instance, selecting five teams will generate 26 unique bets: 10 doubles, 10 trebles, 5 four-folds, and 1 five-fold, which is also known as a Canadian bet!Ontario betting app Hedging refers to the strategy of placing an initial bet before the game begins (or even during the game), and if the odds move in your favor, you can then bet on the opposing side to safeguard your initial wager.
What constitutes a permutation bet? This involves placing a series of bets that cover multiple selections in different combinations. For example, if you select three teams, you can create three unique doubles (AB, AC, BC) from those selections, resulting in three individual double parlays.
Author
Your bankroll is the dedicated amount of money you set aside for betting. It should be an amount you can afford to lose, separate from your everyday expenses. This is your betting resource, and there are many articles with strategies available to help you grow your bankroll wisely. Always gamble responsibly.
