BETTING
ON HOCKEY
Hockey has really come on strong in recent years as a wagering
sport. There's a perception that Vegas pays less attention
to hockey than basketball in the winter…so that the lines
are even more vulnerable to sharp players. Also, the growth
of the offshore sportsbook industry has helped the boost in
activity, because many bookmakers on the mainland didn't want
to take the time to deal with hockey. Some places uses what
are called "puck lines," others use a baseball-type money
line and you have to pick the winner. And most are now using
a combination of the two. A "puck line" works much like a
pointspread, except that there's a half goal difference between
the favorite and the underdog, and there's no 10% vigorish.
You'll see a line like 1 1/2/2, which means you can take the
underdog plus 1 1/2 goals, or take the favorite minus two
goals. A hockey "money line" generally works like the one
in baseball, except sometimes you will also be laying or getting
a half a goal, a goal and a half, or other variations depending
on what the sports book decides to post. For example, the
odds on a game may have the favorite -130 and minus half a
goal. If you wanted the favorite, you'd have to risk in a
13/10 ratio, and your team would have to win the game. If
you wanted the underdog, you could tie or lose…and you'd
receive either a 10/11 or a 10/12 payoff depending on your
sports
book.
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