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Odds & Lines

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SHL Odds for Betting in Canada & Ontario

 

SHL betting situation: Ontario vs. the rest of Canada

Single-event betting is now legal in Canada, but the availability of "legal" providers differs between Ontario and other provinces. Ontario operates its own regulated market with licensed operators, while the rest of the country only offers legal online betting through lottery-owned sportsbooks. Despite this, many Canadians continue to use "grey market" or "offshore" sites for various reasons. However, these options come with significant risks, as the market is rife with bad actors aiming to defraud players.

For those in Ontario, we display our top-ranked licensed Ontario betting sites above our SHL odds. If you're outside Ontario, you'll find a list of the top "offshore" AHL betting sites above the odds for the "rest of Canada." All the brands we recommend for the rest of Canada are licensed in Ontario but operate through their "offshore" platforms. Explore our reviews of leading Canadian betting sites in the "grey market" to learn more about each operator.

About Our SHL Odds

Our SHL odds feed above highlights the best odds for the most popular betting markets on Swedish Hockey League (SHL) games. The primary market showcased is the 60-minute betting market, similar to the 1X2 football betting market, where a draw or tie is also an option. If you’re looking to place straightforward SHL bets, a single betting account is sufficient. However, to maximise your returns by finding the best odds, having accounts with multiple betting operators and comparing SHL odds can be highly advantageous.

 

Main Betting Markets in SHL Hockey: Explained

While the 1X2 market is prominently featured, you’ll also find other popular 2-way markets for SHL games, such as the Moneyline, Puck Line, or Total Goals (Over/Under). Here’s a breakdown of these markets to help you make informed wagers.

Moneyline Betting in SHL

Moneyline betting focuses on picking the outright winner of an SHL game. For example:

  • Frölunda HC: 1.85
  • Leksands IF: 2.10

A $100 bet on Frölunda HC at 1.85 returns a total of $185 if they win, including your original stake. A $100 bet on Leksands IF at 2.10 yields $210 if they win.

Puck Line Betting in SHL

Puck Line betting, similar to a point spread, is a popular way to bet on SHL games. The spread is often set at 1.5 goals. Here’s an example:

  • Frölunda HC -1.5: 2.50
  • Leksands IF +1.5: 1.65

A $100 wager on Frölunda HC at -1.5 pays $250 if they win by two or more goals. Betting $100 on Leksands IF at +1.5 succeeds if they either win outright or lose by only one goal, with a payout of $165.

Total Betting (Over/Under) in SHL

Total betting involves wagering on the combined number of goals scored in a game. For example:

  • Over 5.5 goals: 1.90
  • Under 5.5 goals: 1.90

If you expect a high-scoring game, a $100 bet on the Over pays $190 if the game has six or more total goals. Conversely, betting on the Under pays $190 if the game has five or fewer goals.

 

About the SHL

The Swedish Hockey League (SHL) is Sweden’s top-tier professional ice hockey league, featuring 14 teams competing at the highest level, whose matches are available to watch on a popular Canadian sports streaming service. Founded in 1975, the SHL is known for its exceptional level of play and serves as a stepping stone for many Swedish players who eventually join the NHL or other top leagues.

Teams like Färjestad BK, Djurgårdens IF, and Växjö Lakers are among the league’s most notable, competing each year for the prestigious Le Mat Trophy, awarded to the playoff champions. The league’s storied history and strong hockey culture make it a focal point for fans worldwide.

For Canadian fans, the SHL is particularly exciting as it showcases the talent of future NHL stars while also providing fast-paced, high-quality hockey. With intense rivalries, thrilling games, and a competitive playoff race, the SHL offers hockey enthusiasts a captivating season to follow.

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