Betting on Hockey, the LogiqBets guide:
Welcome to LogiqBets. This guide will help you get started and answer any lingering questions you may have about how we work, and how to bet on hockey the right way. Something to note before we run you through everything, this is not a strategy for entertaining bets, but rather winning bets. Despite their popularity on social media we don’t recommend assembling a 12 leg parlay for a dollar and hoping it hits for a big return, you’d have better odds playing the lottery.
Our process is data-focused and looks at the whole picture. The data that powers our model, preview and predictions are from Sportlogiq’s proprietary data-set. Sportlogiq data is used by 30 NHL teams and are the world leader in advanced analytics for professional hockey. So if you’re interested in making informed bets, then you’re in the right place.
What are the LogiqBets Power Plays?
The Power Plays are our top bets on a given day. We review the data given by our model and look for the best value bets. Our team of hockey experts drill deeper, looking at streaks, past performances and more to establish whether or not they qualify as a good bet. There are usually one to three Power Plays per day depending on how many games are being played.
These are different from the advice given in the Game Previews. A record of Power Play success is at the top of each post.
Check out the latest Power Plays here: https://www.logiqbets.com/category/power-plays/
What are in the LogiqBets Game Previews?
The LogiqBets Game Previews are detailed data-focused matchup previews on each game, to give subscribers as much relevant information as possible for them to place bets. A general Game Preview analyzes betting and odds values, a team’s recent performance, strengths and weaknesses, head to head performance, the effects of rest, offence and defence performance, goalie performance, and special teams.
Check out our daily game previews here: https://www.logiqbets.com/news-views/game-previews/
How does the Puck Line work?
The Puck Line is unique to hockey betting and acts as its spread option. Because hockey is low scoring the puck line is a standard -1.5 goals for the favourite and +1.5 goals for the underdog.
This means that if you bet the puck line on the favourite you’re betting that the favourite wins by at least two goals. If you bet the negative puck line on the underdog you’re betting that the opposing team keeps the game within one goal even in a loss or wins the game. Because that bet gives you more opportunity to win you’ll often see positive odds attributed to the favourite and negative odds to the underdog.
We preview the puck line in all of our Game Previews and give recommendations as to what odds you should be looking for and what team offers the best value bet as per our model.
What kind of props are offered in hockey?
There are fewer props offered in hockey than other sports, however, most involve scoring and assists. It’s common to log onto your sportsbook and see odds for goalscorers, multi-goalscorers, assists, and player shots. There are also generally props that involve timestamps so you can bet on which player will score first, who will score the next goal (in-game) or will the team that scores first win the game and will that game reach overtime or not.
If you’re looking to make a props bet, player and team trends are available in our Game Previews and will give you the most relevant information to make those bets.
What’s line movement?
Lines in the sports betting market constantly change. Adjustments to the odds are a response to many factors like action trends and other news. For example, large amounts of money being placed on a certain team have an influence on the odds as well as a late injury report. Other factors that contribute to line movement include “Sharp Action” which is when professional gamblers wager on a specific side, causing oddsmakers to shift the line.
In our Game Previews, you’ll see our recommendations on odds to bet on depending on the game, this is to help you get the best value possible. So it’s important to watch line movement over the course of the day to get the best return.
What’s the difference between American & Decimal odds?
American odds are the general odds for most American sportsbooks. The favorites are designated by a minus sign (-) and the underdogs have a plus sign (+) before the odds. These odds are based on winning $100 on a bet.
So for example, if you bet $100 on the Habs at -140 you would have to risk $140 to win $100 on a Habs win.
Decimal odds are used in most foreign sportsbooks, instead of being based on every $100 wagered decimal odds represent how much is won for every $1 bet. They also factor in the final return. So once again if you were betting on the Habs to win at 1.71 odds (-140) for every $1 that you bet you’d be making 71 cents plus the initial dollar ($1.71).
We show both sets of odds in our Game Previews, so you know what to look for to make the best value bets.