One of the fundamental aspects of being a successful investor is to diversify your portfolio — to not put all of your eggs into one basket. The idea is to spread all of your investments around — just in case one of them tanks — so that your money is still protected by your other investments.
The same idea can, and should, be applied to sports betting. A gambler would be wise to learn how to wager on other sports.
Football season is over, and baseball season is still a couple of months away. So, other than basketball, there is not much for a gambler to sink his teeth into — unless he turns to hockey. The NFL, NBA and MLB are the three major sports in the United States, so chances are many gamblers have never wagered on a game of hockey before.
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There is no shame in not knowing how to bet the NHL. However, in order to be a well-rounded gambler, you should learn. The NBA season can be brutal at times, with highs and lows coming with every bet. And being able to take a break from one sport during a particularly bad stretch can be a welcomed respite for a bettor in need of a change of pace.
For those gamblers who are new to hockey, let’s take a quick look at how to bet the NHL.
Moneyline: The moneyline is the most common way to bet the NHL since the sport does not use a traditional spread like football or basketball. A typical moneyline on Bovada or any other online sportsbook will usually resemble something like: the New York Rangers -200 and the New York Islanders +170, and it will work the same way any other moneyline would. A -200 moneyline would require a bettor to wager $200 in order to win $100, and a positive moneyline of +170 would require a bettor to wager $100 to win $170.
Puck line: A NHL puck line is a combination of a moneyline and a spread and is similar to a baseball run line. The vast majority of hockey games are decided by one goal, so puck lines are spreads of -1.5 and +1.5. The -1.5 lines are generally accompanied by a positive moneyline, such at +175 for a team to take a spread of -1.5 goals. While the +1.5 lines generally have negative moneylines, such as -200 for a team to get the +1.5 goals. Since games are usually decided by one goal, a bettor will have to choose either extreme and get a large negative or a large positive moneyline on the puck line.
Totals: NHL totals are the same as any other totals. The oddsmakers will set an “over/under,” and the gambler must wager on the side that he likes. NHL totals generally are set around the five-goal mark but can go as low 3.5 goals and as high as 7.5 goals. The oddsmaker will usually adjust the vig on their lines, depending on which way the total is expected to go. A line of five goals might see a vig of -140 if a game is expected to be high-scoring, or it could even see a positive vig if the game is expected to be low-scoring.
Grand Salami: The Grand Salami is an interesting wager where a gambler can bet on the total of every game played for the day. During a full slate of games the Grand Salami might have an over/under of 58 goals. So the bettor must decide if the scores of every game during that day will go over or under 58. The bet is a fun wager to make because you can be in action for the entire day for a minimal amount of money.
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Read more articles by George Monroy