Understanding Bovada NHL Betting Odds
Bovada is a premier online betting experience, where you can place bets in the sportsbook, racebook, and more with great betting odds. In addition to traditional casino games, Bovada is the preferred destination for sportsbook and racebook betting. It covers every major and minor sporting event, game and race, making Bovada preferred for NHL betting, especially with their great betting odds.
New members are eligible for a welcome bonus on your first deposit and additional promotional offers, and you can put these to work to maximize your betting odds.
Bovada NHL Betting Odds
When taking advantage of Bovada NHL betting odds, there are a few things to keep in mind. These vary by the type of hockey event, propositions, and more. Each game and bet is subject to minimum and maximum betting requirements, as well as the Bovada general terms and conditions.
For Bovada NHL live hockey events, all propositions will include overtime and shootouts unless otherwise stated. NHL.com will have the game box score for the play by play. If periods have the same score, the winner will be two or more periods tied.
Bovada NHL Draft carries different rules. Propositions or questions include but are not limited to what player will be drafted a specific number, what team will have which draft number, the quantity of forwards, defensemen and goalies selected in the first round, and more. The outcomes will be subject to the betting odds, which will determine how much you stand to win on your wager.
Bovada NHL bets are subject to the general sports betting odds and rules. You should always watch the live action game when making wagering decisions. Do not rely on the live scoreboard. Wagers can be cancelled if the market is open with any inaccuracies, like a wrong score, penalties and more. Bets will stand during timeouts. You cannot place bets that exceed your account balance, including all pending bets. You will be responsible for any bets made incorrectly or by accident. If there are line errors, bets can be graded no action. If Bovada suspects that you know the outcome of a live event or if the live coverage is delayed and you are aware of action prior to betting, your bet will be treated as no action. Be sure to read the full terms before playing to understand Bovada NHL bettings odds.
Bovada NHL games are subject to minimum and maximum betting odds and limits with the minimum as $0.50. The maximum bet varies by bet type. Spreads and moneylines (wins) carry a limit of $2,000. Totals and parlays carry a limit of $1,000. Player props, game probs, futures and 1H/2/H spreads carry a limit of $500. Please note that betting odds and limits can be increased or reduced by the book manager, so be sure to check the betting odds and limits prior to making a bet on a game.
Bovada NHL Terms explained
When you are looking to bet in the Bovada NHL's sportsbook, it's important that you understand the betting odds. When looking at a particular game, you will see the spread, win and total, in addition to other information like the odds and gamelines. It is important that you know what these terms mean when you are looking to bet with Bovada on NHL games. Below is more information that can be used by new players and as a refresher for seasoned betters as they look to bet on Bovada NHL games.
Bovada NHL: Point Spread, Win and Total
The spread or the point spread is the head start or handicap that is given to the underdog, or the team that is not expected to win. The Bovada NHL game's favorite must win by more than the point spread (or cover the spread) for bets on the favorite to win. If you bet against the spread, it can make your win even sweeter!
The price attached to a point spread will determine your payout. A negative number illustrates much you must wager during a Bovada NHL game in order to win $100, and conversely, a positive number illustrates how much money you will win on a $100 wager. Standard betting odds are -110, and they may or may not be listed. If bets are skewing to one side, betting odds may be adjusted to balance to action. You can bet on a point spread for the while game or a portion of it where applicable. Points adjustments during the period you bet on will determine the outcome.
You will see win listed on Bovada NHL betting odds, and this is called a moneyline wager. This is when you bet on the winner of the event without considering the point spread. The number listed is the odds to win the game. The negative number is used to name the favorite for the Bovada NHL game, and the odds demonstrate how much money you can potentially win on a $100 wager.
The final number you will see listed on Bovada NHL betting odds is the total. The total, often called the over/under, is the combined scores of both teams during a game. You bet on if game will be over (O) or under (U) the combined scores instead of betting which Bovada NHL team will win the event.
In hockey, if a Bovada NHL game requires a shootout out, only one goal will be applied to the winning team's final score. It does not matter how many goals are actually scored during the shootout. Only one will count towards the total.
When you look to place your Bovada NHL bet, you will see that you can select which odds you want to use. Your options are American odds, decimal odds and fractional odds. The default option is American odds, but you can select your preferred default odds in your account.
If you see positive or negative offers listed, these are American odds. The largest negative number is the Bovada NHL team favored to win, and the odds show how much you need to wager to win $100. The positive number is used for the team that is not expected to win, and the odds demonstrate the amount you'll win on a $100 bet. If the odds are even, you win what you wager, no more, no less. Odds of -110 mean that no team is favored to win.
Decimal odds demonstrate how much you will win for every $1 you wager. This includes your total payment rather than just your profit. If you want to calculate your decimal offs, you should consider the following formula: Stake(Risk) x Odds. This will equal your payout.
You have likely heard people mention fractional odds when talking about games. For example, they may say there are 2 to 1 odds that a certain team will win a game. This means that if you were betting on this event, you would receive $2 for every $1 you wagered.
Bovada NHL betting odds standard to the industry, making it a great place for you to make your sportsbook bets. Stop by today to take advantage of the current Bovada NHL roster of games, and may the odds be in your favor.