The National Hockey League is the best professional hockey league in the world.  OddsJet allows you to compare NHL odds from several of the best online bookmakers that serve Australia and offer AUD accounts.  This NHL odds comparison allows OddsJet to display the best NHL betting odds for Money Line, Puck Line, Total and 3-Way 60-Minute betting markets for every game on the schedule, helping Australian bettors maximize their potential returns.  Simply use the buttons above the event schedule to toggle between the main markets and 3-Way 60-Minute markets.  If you are looking for NHL Futures, OddsJet also displays the best Stanley Cup winner odds for each team to win the NHL outright.   

NHL Odds explained

Money Line

When you are betting on the Money Line, you are betting on the team you think will win a given NHL game, including overtime and shootout results.  There is no handicap.  Favorites and underdogs are determined solely by the odds pricing. 

Puck Line

For the NHL, the Puck Line is the most popular type of handicap betting.  However it is different to basketball and American football where the point spreads vary widely from game to game.  Much like the ‘Run Line’ in baseball betting, an NHL Puck Line involves a static handicap where the favorite is assigned -1.5 goals, and the underdog is assigned +1.5 goals. For a favorite to win a Puck Line wager, they would need to win by two goals, for example by a score of 4 to 2.   If the favorite wins by just one goal, they will not have successfully overcome the handicap, and the underdog will have won.

Total or Over/Under

For the NHL, the Total or Over/Under refers to a figure set usually between 5.5 and 7.5 for the total number of goals to be scored by both teams through the course of a game including overtime.  The sportsbook sets this goal total figure and sets odds pricing for the respective Over and Under outcomes.  Given the handicap, these prices tend to be fairly even.

3-Way 60-Minute

3-way NHL betting is focused on the game result through 60 minutes of play.  This means that bettors may wager on a tie in addition to home or away wins.  Overtime or penalty shootout results do not apply.  OddsJet displays these odds in a way that is very similar to 1X2 soccer betting.  If you are unfamiliar with 1X2 soccer betting, note that the home and away team order is different than you may be used to reading for hockey.  The home team is listed first and the away team is listed second.  As such, the home team is designated as ‘1’, the tie is designated as ‘X’ and the away team is designated as ‘2’. 

NHL Odds expressed in American, Decimal and Fractional Formats

For American odds format, keep in mind the difference between positive and negative expressions.  Both use the figure of $100 to express their odds.  Negative figures are used when the odds are below even-money and express how much one needs to wager in order to return a profit of $100.  For example, if Montreal is favoured, you might see a figure of -190.  This means you would need to stake $190 to potentially receive $100 in profit, a total return of $290.  When you see a positive figure, the odds are above even-money and express how much profit you may gain when you wager $100.  At +170 on Calgary, a winning bet of $100 would return your stake plus $170 for a total return of $270. 

For the Decimal NHL odds format, you simply multiply your stake amount by the decimal odds price to see the full amount that would be returned on a win including your stake amount.  The first 1.00 of the odds price represents your potential stake return.  If you wagered $100 at 1.53 on the Red Wings, your total return would be $153, a profit of $53. 

For Fractional odds format, the figures represent the profit return that could be achieved over and above the stake amount.  To calculate your potential payout, simply divide the numerator by the denominator.  Then, multiply this number by your stake.  For example, odds of 1/2 (one-to-two) and a stake of $50 on the Capitals would yield a potential profit of $25 for a total return of $75.

Betting odds comparisons for other top ice hockey leagues

KHL Odds (Russia 1st Tier, which includes clubs in Europe and Asia)

SHL Odds (Sweden 1st Tier)

SM Liiga Odds (Finland 1st Tier)

DEL Odds (Germany 1st Tier)

NLA Odds (Switzerland 1st Tier)

GET-ligaen Odds (Norway 1st Tier)

AHL Odds (North America 2nd Tier)