NHL betting odds have money lines as we know, so that tells us we will be either laying more than even money on favorites or getting more than even money on underdogs. If you are laying -110 every game in NHL betting odds you would have to win 52.4% of your games to break even.
If you lay an average of -120 per game in NHL betting odds that figure goes up to 54.6%. The percentage goes up about 2% for every extra $10 you have to lay out on the NHL betting odds money line. When you get to -200 you would have to win 66.7% of your hockey betting games just to break even.
What if you took underdogs against the NHL betting odds? The figures needed to win are much lower since you are getting plus money every time in NHL betting odds. If you received +110 on every game you would only need to win 47.6% of the time to break even in hockey betting. Let’s take that up to +150 and see what happens with NHL betting odds.
At +150 every game you only need to win 40% of the time to break even. If you were betting underdogs in hockey of +200 every game you would only need to win about 33% of the time to break even. These numbers are similar to the figures you saw on favorites in NHL betting odds. For every $10 you increase the money line you change the percentage about 2%.
As you look at NHL betting odds this season you want to be aware of the percentages required to make money. You can’t consistently lay -160 every game and expect to make money at hockey betting unless you are winning well over 60% of your games. Many times bettors forget that they need to win a high percentage of games when laying money every single time. This is something to keep in mind as you bet hockey games this season.