Back in February, we looked at how the NHL’s trade deadline had changed the face of the league. Many of the biggest names were moved in and out of the lineup as coaches and general managers scrambled to make the right deals. While the names may have changed, the methods behind the wheel have not. In fact, the same formula that got you there in the first place is still there to get you straight back again. With the NHL trade deadline now passed, we take a look at how the betting world has changed as a result of the trade deadline and whether or not you can still profit from NHL games as previously advertised. Let’s dive in.
The Great Spread Revolution
While many sportsbooks still consider hockey to be relatively new in comparison to other professional sports, it has in fact been around for nearly 100 years. It was originally played in Europe before making its way to North America. Since then, it has grown in popularity every year, especially since its invention of goal line betting in the early 1900s. For those seeking to get in on the action, it can still be difficult to navigate the various regulations and outright prohibitions that states and countries have put in place. While the landscape has changed for the better, with many more people able to access information and places to bet, the world of hockey has not. The same restrictions that once limited your choice of bookmakers back in the day still exist.
Where Do I Bet?
Back in the day, if you wanted to place a wager on the NHL, you needed to go to one of the few bookmakers who actually paid attention to hockey. These days, with many more options available, you can place your wagers wherever you want, as long as you are willing to accept the relevant markets. Many of the world’s largest sportsbooks still refuse to offer NHL odds unless you are in one of their restricted territories. That being said, if you live in Canada or the U.S, you can usually find hockey betting options at almost all reputable books. International fans may have a tougher time, though, as most sportsbooks only offer odds on leagues like the NFL and NBA. Not to be deterred, fans can often find some consolation in the form of offshore books that offer a wider selection of sporting events, including the NHL. Still, given the recent crackdown by governments and sports authorities around the world, betting on sporting events is still relatively risk-averse. That doesn’t mean it’s not fun to venture out onto the ice or into the boxing ring (and yes, they still have those too), but it does mean that you need to be realistic about your chances of winning. In the end, the best thing you can do for yourself is to learn how to bet on sports correctly. We’ll discuss that in more detail a bit further down.
The Great Coin Flip Revolution
Back in the day, if you wanted to place a wager on the NHL, you needed to go to one of the few bookmakers who actually paid attention to hockey. These days, with many more options available, you can place your wagers wherever you want, as long as you are willing to accept the relevant markets. Many of the world’s largest sportsbooks still refuse to offer NHL odds unless you are in one of their restricted territories. That being said, if you live in Canada or the U.S, you can usually find hockey betting options at almost all reputable books. International fans may have a tougher time, though, as most sportsbooks only offer odds on leagues like the NFL and NBA. Not to be deterred, fans can often find some consolation in the form of offshore books that offer a wider selection of sporting events, including the NHL. Still, given the recent crackdown by governments and sports authorities around the world, betting on sporting events is still relatively risk-averse. That doesn’t mean it’s not fun to venture out onto the ice or into the boxing ring (and yes, they still have those too), but it does mean that you need to be realistic about your chances of winning. In the end, the best thing you can do for yourself is to learn how to bet on sports correctly. We’ll discuss that in more detail a bit further down.
How Do I Bet?
Once you’ve found a book that accepts your bet, you’ll need to establish how you want to bet. Some of the biggest differences between online and offline betting is that in the former, you’ll often be presented with a variety of odds and betting options. Additionally, if you want to bet over the phone, you can do so with most sportsbooks. Establishing how you want to place your wager is quite simple; just follow the instructions and information provided to you. Most sportsbooks will walk you through the steps to make sure you bet the right way. If you’re new to betting, take your time exploring the different types of bets and odds available to you, as well as the various bookmakers who offer those options. With a little bit of research and trial and error, you should be able to find the right play for your own personal style and situation.
How Much Should I Bet?
As we’ve established, establishing how you want to bet is quite simple; just follow the instructions and information provided to you. Still, it’s important to understand that there’s more than one right answer to this question. Just like when you’re trying to decide which course to take at university, you need to examine your personal circumstances, goals, and existing knowledge to find the best possible solution for yourself.
In broad terms, you should aim to bet a small amount on NHL games. The reason for this is that even a small amount of money, when bet right, can lead to significant gains. This is especially true at the lower end of the betting scale, where the likelihood of winning money is relatively high. When betting small stakes, you are also limiting your potential losses, which as previously discussed, is always a good thing. If you are new to betting, start out with small bets and gradually increase your stake as you become more experienced and confident in placing wagers on sports.
Can I Bet On More Than One Sport?
As we’ve established, establishing how you want to bet is quite simple; just follow the instructions and information provided to you. Still, it’s important to understand that there’s more than one right answer to this question. Just like when you’re trying to decide which course to take at university, you need to examine your personal circumstances, goals, and existing knowledge to find the best possible solution for yourself.
In broad terms, you should aim to bet on as many sports as you can. The reason for this is that if you are trying to make money from betting, you should be as broad as possible when choosing your wagers. The more sports you can successfully bet on, the more opportunities you have to win. Establishing multiple sports betting accounts is also beneficial, as you can essentially diversify your losses and gains. Diversifying your sports betting can help you avoid large losses, especially if several of your wagers turn out poorly. In short, the more sports you can bet on, the better. The key is to learn how to pick the right option when given a variety of choices, and to do so quickly and accurately. Remember, the fewer the bets, the more you risk losing money. Take your time and learn from the best, but also be realistic about your chances of winning. Betting on more than one sport at a time doesn’t give you any unique advantage. It can, however, multiply the opportunities for you to lose money. This is why, as a rule of thumb, you should avoid betting on more than one sport at a time.
Can I Bet If I’m Not Living In An Area Where Sportsbooks Are Available?
If you want to place a wager on the NHL, you need to go to one of the few bookmakers who actually pay attention to hockey. These days, with many more options available, you can place your wagers wherever you want, as long as you are willing to accept the relevant markets. Many of the world’s largest sportsbooks still refuse to offer NHL odds unless you are in one of their restricted territories. That being said, if you live in Canada or the U.S, you can usually find hockey betting options at almost all reputable books. International fans may have a tougher time, though, as most books only offer odds on leagues like the NFL and NBA. Not to be deterred, fans can often find some consolation in the form of offshore books that offer a wider selection of sporting events, including the NHL. Still, given the recent crackdown by governments and sports authorities around the world, betting on sporting events is still relatively risk-averse. That doesn’t mean it’s not fun to venture out onto the ice or into the boxing ring (and yes, they still have those too), but it does mean that you need to be realistic about your chances of winning. In the end, the best thing you can do for yourself is to learn how to bet on sports correctly. We’ll discuss that in more detail a bit further down.