Bet on hockey lines provide interesting opportunities for gamblers each season. If you want to win at NHL betting you need to understand the percentages needed to make money. You want to remember that hockey is a money line sport which means no pointspreads are involved.
Bet on hockey 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 you would have to win 52.4% of your games to break even. If you lay an average of -120 per game when you bet on hockey 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 money line. When you get to -200 you would have to win 66.7% of your bet on hockey games just to break even.
What if you took underdogs against the bet on hockey lines? The figures needed to win are much lower since you are getting plus money every time in NHL betting. If you received +110 on every game you would only need to win 47.6% of the time to break even as you bet on hockey. Let’s take that up to +150 and see what happens when you bet on hockey. 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 when you bet on hockey. For every $10 you increase the money line, you change the percentage about 2%.
As you look to bet on hockey 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 when you bet on hockey 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 on hockey games this season. You can’t just play every favorite in hockey and expect to win every game.