Ice Hockey Sports Betting in Canada

Ice Hockey is one of the biggest sports in Canada, along with Baseball and Football. For many enthusiasts, Ice Hockey is more of a way of life rather than a spectator sport. A major game attracts thousands of fans to the stadium, while millions more catch the action via live stream or TV broadcast. It is no wonder then that Ice Hockey is responsible for the majority of bets and markets for sports betting in Canada. If you want to get in on the action, keep reading as we tell you what you need to know.

The NHL

While there are plenty of overseas leagues and matches to bet on, the majority of local bets are placed on NHL games. The National Hockey League (NHL) is the largest and most distinguished Ice Hockey league on the planet. While it was actually founded in Canada, the NHL currently consists of 31 teams, of which only 7 are based in Canada. The remaining 24 teams are based in the US.

For anyone interested in online Ice Hockey betting, learning about the NHL is the first step. The National Hockey League is split into 2 conferences, namely the East and the West. Conferences are then split into 2 divisions making up a total of 4. The NHL season runs from October to June each year, with teams playing matches at home and away. At the end of the regular season, the top teams in each division go through to the playoffs and a chance to compete for the Stanley Cup, the most coveted trophy in the Ice Hockey.

Popular Markets

Whether you are using sports betting apps or placing a wager on your desktop, there are many different bets that can be placed on the NHL. For anyone just starting out, outright betting is extremely popular. This involves predicting which team will win the season outright and be crowned NHL champions. Other outright wagers include predicting the different division winners and conference winners. It is also possible to put money on which division and which conference the champions will emerge from.

During the season, each game or match offers dozens of match and prop markets for online Ice Hockey betting. The most popular is the money line bet, which simply involves predicting which team will win the match up. If the 2 teams are unevenly matched, bookmakers will offer puck line handicap bets. This is where the underdog is given a virtual point advantage to make the odds more appealing.

Prop Bets

For those who enjoy sports betting in Canada and who know a bit more about the players, the teams and the game statistics, bookmakers offer full range of prop bets. These are wagers that involve betting on individual statistics within the game. Some of the more popular options includes method of victory, first goal scorer, winning margin, player to score a hat-trick, double chance, last goal scorer, both teams to score 3 or more, draw no bet and both teams to score.

Before you Bet

As with all forms of sports betting in Canada, putting money on the NHL requires dedication, research and skill. Anyone can blindly pick a team and pick a lucky winner a few times. The aim is to make a steady profit over a long period of time. To do this, research is needed on the teams, the players, the coaches and the games.

All factors must be considered before making a prediction. This includes when last the team played, any changes to coaching staff, injuries, where the match is played, if there is a home ground advantage, travel fatigue and what happened last time these two teams met.