Hockey betting guide

What does moneyline mean?

A moneyline asks you to pick the winner. The important detail is which version of the winner market you selected.

  • MoneylineNormally settles on the final NHL result
  • Three-way marketSettles after regulation and includes a tie option
Winner markets compared
MarketWhat settles itPractical distinction
Standard moneylineFinal game winnerCommonly includes overtime and shootout
60-minute moneylineLeader after regulationA tie is usually a losing outcome
Three-way regulationHome, away or tie after regulationThe tie is a separate selection

The standard hockey moneyline

In North American NHL markets, the moneyline normally settles on the final result. That means overtime and the shootout are included, so a team that wins in the shootout wins the moneyline.

The price reflects the market’s view of each team’s chance of winning, not a guarantee. A shorter price generally means the team is the favourite; converting the odds to implied probability makes that difference easier to compare.

Moneyline versus 60-minute betting

A three-way market can be labelled regulation time or 60-minute betting. It settles on the score after the third period and offers a third selection for a tie.

The same game can produce different outcomes for a standard moneyline and a regulation-time market. If you want a margin rather than a winner-only market, compare the puck line alternative; otherwise, check the label before you place a bet, especially when overtime is plausible.

How to compare two moneyline prices

American odds show the return, not simply which team is better. At -150, a C$150 stake produces C$100 profit if the selection wins. At -140, the same C$100 profit requires C$140. If every other term is equal, the less negative price is better for the bettor.

Small differences matter across repeated bets, so compare the same market and settlement period at more than one book. Do not compare a standard moneyline at one operator with a three-way regulation price at another; those are different bets. Our main hockey betting guide shows how winner markets connect with totals, props and the puck line.

Common moneyline mistakes

A favourite is not guaranteed to win, and a negative price is not evidence that a bet is good value. The price already represents a strong market expectation. Your decision is whether the chance of winning is greater than the break-even probability implied by the offered odds.

Other common mistakes are overlooking overtime wording, confusing profit with total return and chasing a shorter price after the market moves. Confirm the exact selection and potential return in the bet slip before accepting it.

Example

A game goes to overtime

Standard moneylineOvertime or shootout winner counts
60-minute marketScore after regulation settles
Tie after 60 minutesOnly the three-way tie selection wins

Read the market name before betting, because the same game can settle differently.

Before you bet

Read the operator’s current market rules before placing a bet. Set a stake you can afford to lose, and do not treat an explanation of a market as a reason to bet.

See NHL betting in Canada for the market overview, or responsible gambling for limits and support options.

Common questions

Does an NHL moneyline include overtime?

A standard NHL moneyline normally includes overtime and the shootout. Regulation-only and three-way markets settle differently, so always check the label.

What does -150 mean on a moneyline?

It means a C$150 stake would produce C$100 profit if the selection wins, with the original stake also returned.

Can a hockey moneyline finish as a tie?

A standard NHL moneyline needs a winner. A three-way regulation market can offer the tie after 60 minutes as a separate selection.