How to Bet on the Ice Hockey and Win

*Click to read the affiliate disclaimer*

(Last Updated On: )

Canadians absolutely love ice hockey. Which isn’t a surprise considering that team Canada is the current world champion and has the most titles with 27. Some of the best ice hockey players of all time are from Canada, including the legendary Wayne Gretzky and Mario Lemieux. Canadian teams compete in the NHL too, making ice hockey the premier sport in Canada.

One of the reasons why it’s so popular is the excellent coverage on many TV networks. Another one are online betting sites. With Canada allowing bettors to bet on the web, ice hockey is among the most dominant sports at online bookies. You can bet on anything you can think of. The top betting sites such as Bitcasino.io have markets such as 3ICE Ice Hockey, the Stanley Cup, regular NHL season matches, and the IIHF World Cup too. We live in an era of online sports betting, and ice hockey is among the biggest sports at these sites.

How to Bet on Ice Hockey and Win

There’s no clear formula on how to win all your sports bets. Scratch that – it’s impossible to win all of your bets. The truth is that you need a lot of knowledge, strategy, and a bit of luck to beat the bookies, and even then, you won’t be able to win all the time. However, with the right approach, you can make money by betting on ice hockey.

Betting on ice hockey in Canada is no rocket science. Moneylines are most popular among Canadian bettors. According to Investopedia, these are bets placed straight on the game’s outcome. In simpler terms, you’re either backing the favorite or the underdog to win. In Canada, moneylines are displayed in American odds. These are easily recognizable by the plus and minus signs in front of the odds. The former represents the underdog (for example, +150, where a C$100 bet brings you C$150 in return), while the latter represent the favorite (-150 format, where you need to bet C$150 to win C$100).

But it’s not just the moneyline you can bet on when it comes to ice hockey. Puckline is the sport’s version of handicaps, and at some betting sites, it may even be more popular than the moneyline. In essence, bookies handicap a team with 1.5 goals, making it an intriguing market.

Betting on ice hockey online is as easy as clicking on the odds offered. The system will automatically take care of things for you. As long as the odds are added to your slip and you enter your stake, a calculation will be made so you know what you can win. Online bookies these days have easy to use interfaces that look great on mobile and PC, so you can bet on ice hockey anytime and anywhere.

Most Popular Ice Hockey Betting Markets

As mentioned earlier, the most popular betting markets when it comes to ice hockey are moneyline and puckline. But those aren’t the only two. It would be a shame to always put your money on these markets and win. Online ice hockey betting features plenty of great options that span fixed odds and live betting too.

Live bets allow you to bet on ice hockey matches while they’re in play. It introduced unique opportunities for bettors, making prop bets more fun than ever. Thanks to live betting platforms, you can bet on the next goalscorer and a range of prop bets that will pay regardless of the winner. Plus, with features such as cashout and live streams in tow, it’s no wonder why bettors love live ice hockey betting.

With the World Cup coming up in May 2022, now’s the time to put your money on team Canada. Or any other favorite, of course. With Russia banned from the tournament as per this Sportsnet report, Canada’s chances are even higher. Finland is no pushover, of course, and USA will also be a dangerous opponent. However, Canada is the reigning champion, and the bookie’s favorite for the 2022 World Cup too.

With online ice hockey betting so simple and valuable, you should consider putting money on your favorites. If your approach is good and luck is on your side, you may profit off the trophy winner in a few months.