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NHL Odds & Lines for Betting in Canada & Ontario

 

NHL betting sites between Ontario & the rest of Canada

In 2021, Canada changed the laws to allow single-event sports betting. In 2022, Ontario launched their regulated market to allow licensed sportsbook brands. This is why you now see so many ads on TV during NHL games & intermissions. However, for people outside Ontario, the situation has not changed. The remainder of the country is left to bet on NHL games at online sportsbooks run by local lottery-owned brands, or at "offshore" providers. This often leaves players that live outside Ontario vulnerable to highly untrustworthy brands.

If you are in Ontario, above, we display the top legal Ontario Interac betting sites. If you are outside Ontario, above, we display the top "offshore" Canada Interac betting sites. All the brands that we recommend for the rest of Canada are now licensed in Ontario, but you will play at their "offshore" sites.

About our NHL Odds: games above, futures available

Above, our odds data feed is set to display the highest odds for the most popular betting markets on each NHL game. This is why you may see slightly differing total goals lines as associated to the given odds. Since the highest odds have been isolated for display and likely come from different sportsbooks, the given total goals lines may not match each other for a given game. 

Also, on occasion, since we are showing the best odds from across many Canadian "grey market" and legal Ontario providers, you may see some very high odds on both potential puck line bets.  Here's why: puck lines (explained below) tend to be set at -1.5 goals and +1.5 goals.  From time to time, for games that are generally seen as being very close in nature, not all sportsbooks will have defined their puck line favourites and underdogs in the same manner.  In other words, the handicap and associated odds can be reversed, between one sportsbook and another, potentially leaving you with a great betting opportunity.

In the end, if you just want to place any kind of NHL wager, you only require a single betting account. However, if you want to get the best price on your hockey bets in order to maximize your potential returns, and these kinds of opportunities of price disparity really interest you, you may want to have accounts with several operators, and spend a little time on NHL odds comparison. We also have Stanley Cup odds if you're interested in the biggest NHL futures betting market.

 

Main Betting Markets in NHL Hockey: Explained

NHL hockey offers thrilling betting opportunities with three main betting markets: Moneyline, Puck Line, and Total (over/under). Understanding these markets will allow you to make informed wagers on NHL games. We use Decimal odds format on this page and in our explanations.  If you prefer America odds format, please see our odds provider's site, as they offer odds in all three main formats.

 

Moneyline Betting in NHL:

Moneyline betting in the NHL involves predicting the outright winner of a game. The odds for Moneyline bets are typically displayed in decimal format. Here's an example:

  • Toronto Maple Leafs: 1.70
  • Montreal Canadiens: 2.10

If you place a bet of 100 units on the Toronto Maple Leafs at odds of 1.70 and they win the game, your total payout would amount to 170 units, including your initial stake. Similarly, a 100-unit bet on the Montreal Canadiens at odds of 2.10 would result in a total payout of 210 units if they win the game.

 

Puck Line Betting in NHL:

Puck Line betting in the NHL is similar to the run line in baseball. The Puck Line is a point spread bet with a fixed margin of 1.5 goals. The favored team needs to win by 2 or more goals, while the underdog can either win the game or lose by 1 goal. Here's an example:

  • Toronto Maple Leafs -1.5: 2.40
  • Montreal Canadiens +1.5: 1.60

If you bet on the Toronto Maple Leafs at -1.5 goals, they would need to win the game by 2 or more goals for your bet to be successful. A 100-unit bet on the Maple Leafs at odds of 2.40 would result in a total payout of 240 units if they cover the Puck Line. Conversely, if you bet on the Montreal Canadiens at +1.5 goals, they can either win the game outright or lose by 1 goal, and your bet would be successful with a payout of 160 units for a 100-unit wager.

 

Total Betting (Over/Under) in NHL Hockey:

Total betting in NHL involves wagering on the combined number of goals scored by both teams in a game. The sportsbook sets a benchmark number, and you bet on whether the actual total will be over or under that number. Here's an example:

  • Over 5.5 goals: 1.85
  • Under 5.5 goals: 1.85

If you believe the total number of goals scored will be higher than 5.5, you would bet on the Over. If the actual total goals scored is 6 or more, your bet would be successful with a payout of 185 units for a 100-unit wager. Conversely, if you anticipate a lower-scoring game with 5 goals or fewer, you would bet on the Under.

 

About the NHL

The NHL (National Hockey League) is a professional ice hockey league that consists of teams from both the United States and Canada. It is widely regarded as the premier ice hockey league in the world. Founded in 1917, the NHL has a rich history and has become synonymous with the sport of hockey.

The NHL features 32 teams, with 24 teams based in the United States and 8 teams from Canada. Some of the most notable and successful teams in NHL history include the Montreal Canadiens, who have won the most Stanley Cup championships, the Toronto Maple Leafs, who boast a passionate fan base and a rich hockey tradition, and the Detroit Red Wings, known for their sustained success and passionate following.

Other prominent teams in the NHL include the Boston Bruins, Chicago Blackhawks, New York Rangers, Pittsburgh Penguins, Edmonton Oilers, and the Los Angeles Kings, among others. Each team competes annually for the coveted Stanley Cup, awarded to the champion of the NHL playoffs.

The NHL showcases the best ice hockey talent in the world, with top players from around the globe competing in intense and fast-paced games. The league has a dedicated fan base and enjoys widespread popularity, with millions of fans tuning in to watch games and support their favorite teams.

 

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