We will also cover in more depth how it is different than betting on the moneyline.
A quick overview of the difference between the two is the moneyline when betting on hockey involves picking the outright while the puck line involves picking a team to cover a 1.5-goal spread.
If you are looking for information on moneyline betting instead, check out our complete moneyline explained page.
HOW DO PUCK LINE ODDS WORK?
The purpose of a puck line is to handicap hockey teams and provide bettors with different odds when betting.
A handicap is a standard 1.5-goal handicap, with the moneyline favourite needing to win by 1.5 goals.
If Team A is a moneyline favourite has 1.72 odds, then at -1.5 on the puck line their odds are 3.00. If in the same game, Team B is a 2.15 hockey odds underdog on the moneyline, then their odds on the puck line at +1.5 are 1.42.
It is important to note that in most moneyline and puck line scenarios, the underdog on the moneyline is the favourite on the puck line.
Odds on the moneyline favourite typically need to be between 1.35 and 1.01 for the moneyline favourite to be the odds favourite on the puck line still.
The information above is helpful when determining when to bet on puck lines. When the moneyline odds are very close, most bettors prefer to stick to betting on the moneyline.
When the moneyline between the two teams is further apart, the puck line is a more enticing betting option.
Bettors can also get puck line odds in fractional format. For the example above, Team A would have fractional odds on the puck line of 59/50, and Team B would have fractional odds of 100/141.
Both odds formats offer the same payout on correct wagers.
Puck lines betting odds were created as a way to handicap hockey games. Online sportsbooks follow a standard 1.5-goal handicap and adjust their odds.
The amount the online sportsbooks move their odds depends on how close are the moneyline odds. This is just one way how betting odds work on online sportsbooks.
Also, online sportsbooks will adjust puck line odds if the public is favouring one opposite much more than the other. You may see the odds on the puck line looking much further or closer together than usual. This happens when they are moving the puck line but keeping the moneyline consistent.
How do Bet With Puck Line Odds?
To bet on puck lines, the first step is to create an account with one of our recommended online sportsbooks.
When choosing an online sportsbook to create an account with, you should check the bonuses available on the account. Many of our top-rated partners offer bonuses to new users, which they can use to bet on puck lines.
Is Puck Line Betting Riskier than Normal Moneyline Betting?
Since betting on a puck line creates a handicap, it makes one betting option riskier, while the other betting option safer.
Betting the team that needs to win by more than 1.5 goals is a riskier bet. Many hockey games (especially in the National Hockey League) go to overtime every season.
Adding in one-goal games that end in regulation means and the times the moneyline underdog wins means picking A Team to win by at least 1.5 goals is a much risky proposition.
The reverse is said about picking the +1.5 underdog on the puck line. There is a higher chance of this bet paying off, but the return is less in the event they win the game.
Puck Line Betting and Parlays
Sometimes when looking at the betting line on puck lines, the odds may favour the option to parlay your wagers. Parlaying puck lines is easy.
All a bettor needs to do to parlay puck lines is bet more than one puck line on their betting card. The more puck line bets on a single betting card, the higher the potential winnings (although, the more puck lines bet at once increases the over risk assumed by the bettor).