Hello, Canadian hockey betting fans and welcome to casinosforcanada.com. In this review, Canadian players will learn about the best hockey betting sites that offer quality odds and awesome gameplay.
Top 10 Online Casinos that Accept Hockey Bets
After careful evaluation, our team of players compiled a list of the top 10 online casinos that accept hockey bets. These casinos are:
- Jackpot City Casino
- Spin Casino
- Royal Vegas Casino
- LsBet Casino
- ReloadBet Casino
- Betway Casino
- Crazyfox Casino
- LV Bet Casino
- Casinia Casino
- Libra Bet Casino
How We Evaluate the Best Hockey Sites
We are always on the lookout for the best hockey betting sites in Canada. All of the sites that we recommend are carefully reviewed and evaluated according to the following strict criteria:
Safety and Reliability: Security is of the utmost importance for all players who visit hockey betting sites. Our team has completed background checks and reviewed each casino’s license and regulation records. We have also ensured that each casino on our list utilizes advanced SSL encryption and security protocols.
Bonuses: Players love bonuses! So we ensure that the hockey betting sites we recommend offer a cool range of bonuses to Canadian players. We also read the bonus terms and conditions thoroughly to ensure that they are favourable to players and not overly stringent.
Variety of Bets: The variety and quality of bet lines is one of the major factors we consider when we rate hockey betting sites. All of the hockey betting sites that we recommend offer a wide range of leagues, bets and odds to stake on.
Technical support: A responsive customer service team is of the utmost importance. Therefore, the hockey betting sites that we recommend provide high quality customer support 24/7 that can easily be accessed through multiple channels.
Mobile Compatibility: Mobile compatibility and gaming on the go is the current trend, so our team ensures that the hockey betting sites we recommend are compatible with mobile devices and tablets. We also check whether a download app is available.
What Types of Hockey Bets Are There?
In this section, we will explain the most popular types of bets that Canadian players can make at the best hockey betting sites.
Moneyline
Moneyline is the most straightforward bet on a game of hockey; the gambler places bets on which team will win an individual game. Each team is assigned a number that represents the odds of them winning, as well as how much you can win by betting on them. A moneyline bet looks like this:
| TEAM | ODDS |
| Ottawa | -140 |
| Los Angeles | +160 |
The negative number means that that team is the favourite and also tells you how much you have to bet to win $100 in profit. In this case, you’d win $100 if you bet $140 on Ottawa to win.
The positive number indicates the underdog and tells you how much profit you’ll win if you bet $100 on that team. In this example you’d make $160 in profit on a $100 bet on Los Angeles to win.
Point Spread (Puckline)
Point spreads or puckline bets are similar to moneyline bets. However, they are unique to hockey in that they use a point spread to handicap the better team, and also manipulate the payouts. Point spreads/puckline bets in ice hockey look like this:
| TEAM | ODDS |
| Ottawa | -1.5 (+150) |
| Los Angeles | +1/5 (-100) |
In this scenario, Ottawa must win the game by at least two points to cover the spread.
The Penguins can either win the game outright or lose by one point in order to cover the spread.
The second number reflects the payout on your bet and works the same way as the moneyline odds described above.
Over/Under (Game Totals)
Over/Under game totals is a bet on the total number of combined goals by both teams in an individual game. The sportsbook sets a line and Canadian players can bet on the total being over or under the line. A game total bet looks like this:
| TEAM | ODDS |
| Ottawa vs. Los Angeles | Over 4.5 points/Under 4.5 points |
If you bet on the over, the total number of goals must be five or more for you to win.
If you bet on the under, both teams must score a combined total of four or fewer for you to win.
Sometimes the line is a whole number, which means that you can tie the casino. That is called a ‘push’ and in those cases, you can keep your original wager.
Props and Futures
Another kind of bet is props, which are also known as propositions. These are special, individual bets on specific things. It could be a bet on which player will score the first goal of the season, or which player will score the most goals all year.
One popular type of prop bet predicts which team has a greater chance of winning their NHL division. This wager is made before the season begins and depending on the team, the odds can be very high. It’s an awesome way to root for your favourite team all season long.
In-Play Betting
In-play betting, also known as live betting, allows Canadian gamblers to make bets in real time, while the game is being played. It could also be a bet on which team will score next, which player will score next, which team will win the period of the entire game, and plenty of other options.
Since there are so many variables in real time betting, the lines and odds on all bets are constantly changing. This offers tons of valuable betting opportunities to an astute gambler. Real time betting is one of the best ways to capitalize on unforeseen issues which might develop throughout the game and affect a gambler’s winnings. For example, placing a live bet against a team or player that isn’t playing well, or a team whose key player has been injured, or a struggling goaltender can prove to be lucrative.
Correct Score Bets
Many of the best hockey betting sites offer Canadian gamblers the opportunity to predict exactly what the final score of a match will be at the end of regular time. If the wager is the correct number, the gambler has won the bet and will be paid their winnings.
Grand Salami Bets
Grand salami bets are an over/under market offered by some of the best hockey betting sites. This type of bet relates to the total goals in all matches played in one league on a single date.
Parlay Bets
Parlay bets give Canadian bettors the option to back more than one outcome in a series of matches. You can also try out an accumulator. The idea here is to win big from small stakes; however, all of your predictions must be correct in order for you to win big.
Hockey Betting Tips
- Do some research on the statistics and see how the teams measured up in previous games.
- Look for extra valuable betting lines, with better odds and play.
- Recent trades can make a huge difference in a team’s overall performance, so remain current on the new players who have been added.
- If key players are injured or suspended, this will impact the game’s dynamics, so ensure that you know the line-up.
- Whether the game is at home or away can make a big difference, as the crowds can cheer or jeer.
Hockey Odds
The hockey betting odds calculator allows you to input your stake and odds in American formats, decimals or United Kingdom fractions so that you can quickly calculate the payout for your bets.
How to calculate your odds:
Bet Amount: Choose the amount of money you want to bet.
Odds: Choose the odds you have been given or would like to test.
Payout: The calculator will state the amount of your total payout with the current odds and stake. It provides a breakdown of your profit, your implied probability, the decimals and the fractional.
Below is a description of some popular hockey betting odds:
Period betting odds: You bet on the results of a specific period of the game and not the entire game.
Alternate lines odds: These betting lines differ from the standard puck line, money line, and total, and are typically inflated.
Exotic wager odds: Any bet apart from the parlay or straight bet is an exotic wager.
Parlay odds: In NHL betting, a parlay refers to a single bet where you combine several selections. In order to cash out your parlay bet, you must win all of your wagers.
Betting on hockey in mobile applications
Technological advancement is a driving force in our society. Almost everyone has a smartphone or mobile phone that they can use to access the internet. Online sportsbooks and hockey betting sites strive to create mobile applications that are compatible with smartphones and tablets, and allow Canadian bettors to easily bet on hockey games anywhere, at any time.
The advantages of using a mobile application for hockey betting include: faster gameplay, better UX, and the ability to claim bonuses on mobile applications.
Canadian punters who want to try the best hockey betting apps should definitely check out our list of recommended sportsbooks, as many of them carry state-of-the-art downloadable apps for both iPhone and Android users.
Below is a list of the 5 best online casinos with the coolest mobile hockey betting apps:
- Spin Casino
- Betsafe Casino
- Wallacebet Casino
- BetCruise Casino
- Svenbet Casino
Best Bonuses for Hockey Betting
The online betting industry is intensely competitive. This is good news for Canadian bettors because this forces the best hockey betting sites to regularly create ever more alluring and enticing offers that will attract and keep customers’ interest.
Some of the most common hockey betting bonuses include:
Welcome bonus
Punters who sign up with a sportsbook for the very first time usually receive a free bet or a percentage boost to multiply their initial deposit. For example, a bettor may receive $500 to play games with or be rewarded with a 200% multiplier boost up to $1,000 on their first deposit.
We strongly advise that you always take a few minutes to familiarize yourself with the bonus terms and conditions to ensure that the terms are not overly stringent.
Enhanced/Boosted odds
Enhanced/boosted odds are odds that have been increased more than normal, and therefore result in a larger amount of winnings. Ordinarily, this applies to the game result, but it can sometimes be applied to another popular market. This type of bonus is normally offered to new and existing customers.
VIP Club
Canadian players who have been loyal customers of a sportsbook or casino may receive an offer to join a betting site’s VIP club. Belonging to a VIP club may have fringe benefits such as free bets, access to exclusive offers and enhanced prizes and bonuses.
Cashback Deals
This bonus refunds players a percentage of their net losses over a particular period of time or on a specific wager. For example, players could receive a partial refund of the money they lost in betting during the previous week or tbe rewarded with a refund of their stake if there is a goalless draw in a hockey game.
What hockey competitions can you bet on?
Different types of hockey competitions take place every day, and Canadian players can place bets on these events. At this present time, we are unaware of any restrictions for betting on any hockey events. Some of the high profile leagues that punters can bet on include:
NHL (National Hockey League)
The NHL is the premier professional ice hockey league in the world. Founded in Montreal with four Canadian teams more than 100 years ago, the league now has 31 clubs, 7 of which are in Canada.
Each year, the Stanley Cup is presented to the team that wins the end of season playoffs. No team has won the Stanley Cup more than the Montreal Canadiens, who have won the trophy 34 times.
KHL (Kontinental Hockey League)
The KHL is the premier hockey league in Europe and Asia, with 25 clubs across several countries, including China and Russia.
Each season, the top sides participate in playoffs to earn the right to be crowned champion. The winners are presented with the Gagarin Cup.
SEL (Swedish Elite League)
Sweden hosts a respected league consisting of 14 teams that each play on a 52-game schedule.
The team that advances through the playoff series and becomes Swedish champions is presented with the Le Mat Trophy.
Liiga
Finland is another Scandinavian country with a devoted hockey following, and hosts the second strongest European domestic league.
The 15 member teams play 60 matches each during the regular season. The playoff winners receive a championship trophy called the Kanada-malja.
Other international hockey tournaments include: Champions Trophy, Hockey Champions Challenge, Commonwealth Games, the Sultan Azlan Shah Hockey Tournament, the Olympics and the World Hockey Cup.
Hockey Betting Glossary
Here is a list of some commonly used hockey betting terms:
Chalk player: A bettor who rarely wagers on underdogs and prefers to back sure-shot favorites.
Handicapper: A bettor who focuses on statistics, rates, and other variables in order to make precise bets.
Bankroll: This is the amount of money you set aside for your bets. Most players try not to exceed their bankroll so that they can minimize losses.
Round Robin: These are bets that apply to multiple teams (usually between three and ten teams).
Permutation betting: A type of bet that includes several selections in various combinations.
Hedging: Placing bets on both teams. Players use this method to ensure a profit or minimize their losses.
Limit: The maximum amount a sportsbook will accept on an individual wager.
Value: The edge you have on a wager. If an underdog is paying more than you think it should, then the underdog has value.
Push: This is when the final score lands on the betting line, resulting in neither team covering. If your bet pushes, then your money is refunded.
Flat Betting: Risking the same number of betting units on every game.
FAQ
How does hockey betting work?
Hockey betting is very similar to other kinds of major sports betting. Canadian players just need to select one of the top online sportsbooks that we have listed above, register, find the match you want to gamble on, and place your bet.
Is hockey betting legal?
Yes, hockey betting online is completely legal. Canadian players are not breaking any laws when they bet on any hockey event at the best international hockey betting sites or fantasy style gambling sites.
How do hockey betting odds work?
The odds for an NHL hockey game will look something like this: Red Wings -140, Penguins +160.
The favoured team in this match is the Red Wings and if you bet $140 on them, you will win $140 in profit. The Penguins are the underdog and if you bet $100 on them, you will win $160 in profit.
Which hockey games can I bet on?
The best sports betting sites accept hockey bets on every single game of the NHL season, the KHL season, the SEL, and others.
Are bonuses available in hockey betting?
Yes, bonuses are available for hockey betting online. The best hockey betting sites offer a range of promotions, including a welcome bonus and regular free bet rewards.
