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A two-team parlay might pay 13/5, a three-team parlay might pay 6/1, a four-team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. Action Network makes no representation or warranty as to the accuracy of the information given or the outcome of any game or event. Our live odds pages will automatically surface the best line for every game. If you wager $11 to win $10 and the Colts win by 14, you’d win $10. The over/under concept is applied to many different kinds of bets.
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- You can track such matches with the help of the live calendar, which can be found on the LIVE page.
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- In the case of heavy favorites, a team that has -250 odds, its implied chances of winning are nearly 71.5%.
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When researching that particular game, if you feel the chance of the club emerging victorious is even higher, then betting it at -250 is a valuable wager. Parlays aside, you always want to find the best possible odds before wagering on the money line. Shop around for the odds most advantageous to you, just like you would when looking for any product you would use in your everyday life. The search for the best odds is quite easy and well worth it, especially in the long run. A common betting strategy when wagering the money line is parlaying multiple money line bets, which presents a higher potential payout if you select multiple favorites with heavy odds.
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There are occasions when both competitors have a “-” before their odds. This indicates that oddsmakers consider the matchup to be almost even and neither participant a favorite to win. And if a team or individual is listed at +100, that means it’s basically a toss-up on whether or not it will win. The payout is automatically credited to your account every Wednesday. To get, you must place a bet on an event with odds of 1.50 or more. For our readers, we have a unique bonus that is available for activation at LineBet.
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The second way to bet on a favorite or an underdog is on the moneyline. A moneyline bet requires you to just pick the winner of the game, and uses American odds to calculate the payout. That means anyone betting on Philadelphia needs the Eagles to win by 5 or more points. Anyone betting on Detroit needs the Lions to lose by 1-4 points or win the game.
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After reading this NHL betting guide, you should be able to read and understand an odds table. Being able to read an odds table, however, does not necessarily guarantee betting success. Here are a few tools from The Action Network that can help improve your betting win rate in NHL. You will receive a notification once your verification is successfully completed, unlocking full access to all platform features.
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