One of the best things when it comes to hockey betting is the fact that the market is softer compared to other sports like NBA, college football or the NFL. In reality, not many people are betting on NHL so, the market isn’t as efficient as it is with other more popular and mainstream sports. This on the other hand does not necessarily mean that it is easy – it is not – but this is something that must be taken into account if you are planning to give it a shot.
Betting on Hockey Tips
Here are few tips that you need to be aware of before placing any bets.
Closing Line Value
Among the best way of judging yourself as a better is by grading yourself towards closing line at the peak of the game. So to give you an example, if you have waged the Rangers (105) vs. the Stars (115) and the game closed at Stars (120), you’re on the right side of the match. However, if it has closed at 110, then you’re on the wrong side.
If you are trying to beat the closing number on consistent basis, then this indicates that you can enjoy long-term success. Otherwise, you should take this as an opportunity to learn and reevaluate your process.
When it comes to process, it is imperative that you make yourself familiar with implied probability.
Each and every betting line is connected to an implied probability. Let us say that you are planning this line: Bruins are (130) against Canadiens (110). At 130, the implied probability of Bruins are at 54.3 percent when calculating for vigorish. Then at 110, Montreal has 45.7% chance. The simplest way of doing this is by utilizing the Pinnacle’s converter.
If you are sensing that your numbers tell that Boston has greater odds of winning, then it gives you an edge on Bruins, it is highly recommended to come up with “win percentage” before you look at the lines.
Goaltending or also known as Black Magic
This is actually difficult to project and quite volatile. Majority of the hockey modelers and bettors would agree that it’s the most difficult part when handicapping hockey. The best way of getting an idea of how good the goaltender is, is by using different statistics and then, piece them together to get the bigger picture.
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