NHL betting in California is still prohibited, but the opportunity once state laws change is immense. In preparation for potential legalization, we’ve put this piece together to inform future CA gamblers about what the market for hockey gambling will look like, including what apps could be available, how to read the odds, and tips for when you’re preparing to make your wagers.
Best expected California betting apps for NHL
When sports gambling arrives in the state, we expect these California betting apps to be the best options for NHL action (in no specific order).
How could I bet on the NHL online in California?
After the legalization and launch of sports betting in California, here is how you’ll be able to bet on the NHL online.
How do you read NHL odds?
Reading NHL odds may seem intimidating to new players, but with a little practice, you’ll be a pro in no time!
The first thing to consider when looking at NHL odds is whether there is a “+” sign or a “-” sign next to the line. The “+” sign indicates the betting underdog, which is the less likely outcome but it offers a higher payout if you win. Conversely, the “-” sign indicates the betting favorite (the more likely outcome).
Next, look at the number that comes after the symbol (this is the part that tends to trip people up). The number after the “+” sign indicates how much money you would win on a $100 wager. However, the number a “-” sign tells you how much money you would need to wager to win $100.
It’s important to know you do not need to wager $100 when making your bets. You can wager any amount you wish, with the profits remaining proportional to the size of your stake.
In rare instances where two outcomes are near-evenly matched, you may see two “-” signs listed on the odds. When that is the case, the favorite is the larger number after the sign.
Types of bets to place on the NHL
There are many different types of bets to place on the NHL. Here are a few of the most common and popular ones to play.
Expert tips when betting on the NHL in California
When you’re able to bet on the NHL in California, we hope you’ll keep these expert tips in mind.
NHL live betting
Also called “in-play betting,” live betting is one of the most exciting ways to keep up with the fast-paced action of the NHL. It can also lead to lucrative paydays when done correctly.
Live betting is a term used to describe any wagers made on a game after the game has started. Player props, team props, and game outcomes can all be offered, and the odds will constantly shift based on the events on the ice.
Because of this, understanding game flow is an important skill to master when live-betting. Stats can do a lot to help you, but you should only plan to live-bet a game that you’re actually watching.
The greatest odds movement will come in the third period (or overtime) of a close game. If you can get an offer locked in at a great price, you’ll be able to unlock potentially massive betting value, perhaps even greater than what you would’ve gotten before puck drop.