Are you tired of your bets being as predictable as a Zamboni’s path on ice? Well, let’s introduce you to NHL three-way moneyline betting—where ties turn into treasures and every game ending has a twist that can make your wallet smile!
The three-way moneyline adds an exciting twist by letting you bet not just on a win, but also on a potential tie after 60 minutes of play. With nearly 1 in 4 games heading into overtime, this bet could unlock bigger payouts and more thrilling opportunities.
Curious how it works and how to use it to your advantage? Let’s dive in and explore the strategies, insider tips, and examples that can help you turn a simple bet into a smart win.
Simple Breakdown Of NHL Three-Way Moneyline Betting
In NHL three-way moneyline betting, you’re making a bet on one of three possible outcomes:
- Home team win
- Away team win
- Game ends in a tie
Here’s what you need to know about this type of bet:
- Only covers regular time: This bet only applies to the result after 60 minutes of regular play (three periods). Overtime and shootouts don’t count.
- Similar to soccer betting: If you’ve bet on soccer before, this is like the three-way moneyline in soccer, where you bet on a home win, away win, or a tie after 90 minutes.
- Called the ’60-minute line’: In NHL, this is often referred to as the ‘60-minute line.’ If the game is tied after regulation, bets on either team to win lose, and the tie bet wins.
- Odds can be higher: Adding the option for a tie changes the odds. For example, a favorite team might have odds of -290 in a regular two-way bet, but in a three-way bet, those odds might be -180.
- Bigger payouts for ties: The odds for a tie are usually higher because it’s less likely to happen. However, in closely matched games, the chance of a tie increases, so it’s worth considering.
- Smart betting tip: Knowing how often NHL games end in a tie can help you make better bets, especially when teams are evenly matched.
This style of betting adds more excitement and offers potentially bigger rewards, but keep in mind the increased risk!
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Why 3-Way Betting Lines Matter?
Three-way moneyline betting in the NHL is interesting because it offers three possible outcomes:
- Win
- Loss
- Tie
Here’s why 3-way betting is significant:
- More outcomes, more challenge: Unlike the traditional two-way line, this type of bet adds the possibility of a tie, making it a bit trickier but more exciting for bettors.
- Ties are common: About 22.4% of NHL games go into overtime, meaning nearly 1 in 4 games could end in a tie after regular play. This stat shows why three-way betting can be appealing.
- Higher payouts for ties: Since ties are less likely, sportsbooks usually offer better odds on them. This makes betting on a tie more rewarding, even though it’s riskier.
- Strategic value: Betting on a tie can be smart if you assess when teams are evenly matched or when the game stats suggest a close contest. It’s all about knowing when to take the risk for the higher payout.
- Careful analysis is key: While ties don’t happen in the majority of games, bettors who can accurately predict close games can find great value in 3-way betting lines.
When used wisely, 3-way bets can offer better rewards for those who enjoy analyzing matchups and spotting potential ties.
Examples of NHL Three-Way moneyline bets
When looking at NHL three-way moneyline bets, both underdogs and ties can offer great opportunities for higher returns. Here’s how it works:
- Betting on underdogs: Let’s say the Pittsburgh Penguins are listed at +175. If you bet $100 on them to win in regulation, you could win $175 if they pull off the victory without going to overtime.
- Betting on favorites: If a team like the Washington Capitals is favored with odds of +120, a $100 bet on them would return $120 if they win in regulation time, giving a moderate return with less risk than betting on an underdog.
- Betting on a tie: Betting on a game to end in a tie can lead to bigger payouts. For instance, if the odds for a tie are +290, a $100 bet could win you $290. This option is appealing in games where both teams are closely matched, making a tie more likely.
For bettors who enjoy higher risk and reward, especially in tight matchups, these bets can offer great value. For example, DGbet allows you to easily place bets on underdogs with the flexibility of crypto betting.
Now that you see the potential, let’s figure out how this impacts your betting strategies.
How Do 3-Way Moneyline Impacts Betting Strategies?
Three-way moneyline betting in the NHL adds a new twist to betting strategies by introducing the possibility of a tie. This changes how bettors approach games, as it often means better odds for both the favorite and the underdog compared to traditional two-way betting.
Here’s how it affects strategy:
- Better odds for ties: In closely contested games, betting on a tie can be a smart move. With about 20-25% of NHL games ending in a tie after regulation, this option becomes valuable in matchups where teams are evenly matched.
- Example – Competitive teams: When teams like the Boston Bruins and Tampa Bay Lightning play each other, their history of tight games increases the chances of a tie after regular time, making the bet worth considering.
Evaluating the chances of a tie
Predicting a tie involves looking at several factors, such as:
- Team playstyles: Teams that play more conservatively often find themselves in close games, which increases the chances of a tie.
- Home-ice advantage: The home team can perform better in critical moments, potentially impacting whether the game remains tied through regulation.
Using hedge betting
To balance risk and reward, some bettors use hedge betting, placing wagers on both a regulation win and a tie. This allows you to cover more outcomes and manage your risk.
For more insights into how moneyline odds work and how they can impact your strategy, you can explore resources like CBS Sports.
Tips For Winning With Three-Way Moneyline Betting
Mastering three-way moneyline betting takes a mix of research and smart strategy. Here are some key tips to help you succeed:
- Look at past performance: Start by checking how often teams tie at the end of regulation. Teams with strong defenses or that play tight, close games are more likely to push matches into overtime. Tracking these trends can help you spot betting opportunities.
- Analyze team stats: Dive into key stats like goal differentials and penalty kill efficiency to get a better idea of each team’s strengths and weaknesses. This can help you predict not only who might win but also the chances of a game ending in a tie.
- Adjust based on odds: The odds for three-way moneyline bets are often tempting, especially for ties or favorites that tend to play close games. Make sure to adjust your strategy based on the posted odds to get the most value from your bets.
- Shop around for the best odds: To maximize your potential returns, compare odds from different sportsbooks and look out for any special promotions they may offer.
How To Balance Risk And Reward In NHL Three-Way Betting?
To succeed with three-way moneyline betting in the NHL, it’s essential to balance risk and reward by making informed decisions. Here’s how to approach it:
- Understand the probabilities: It’s not just about knowing the odds but also understanding how they apply to the teams’ current form, past performances, and head-to-head matchups. This helps in spotting patterns that may increase the chance of a tie.
- Consider key factors: Always evaluate important details like player injuries, the presence of star players, and external factors like the venue or even travel schedules. These can have a big impact on game outcomes.
- Betting on ties for value: In games where both teams are evenly matched, betting on a tie might offer more value, as it typically comes with higher odds.
- Betting on a team to win: If you feel confident that a team will win in regulation time, despite the possibility of overtime, a three-way moneyline bet on that team could still yield higher returns than a traditional two-way bet.
- Find the right balance: While betting on a tie can bring in bigger payouts, it also comes with a higher risk. This is especially true in closely contested games, where overtime is a real possibility. Weigh these risks carefully to make smarter bets.
By considering all these factors and tweaking your strategy accordingly, you can find the right balance between risk and reward, improving your chances of winning with three-way moneyline bets in NHL games.
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Conclusion
Three-way moneyline betting in the NHL offers a fresh, exciting challenge for bettors looking to expand their strategies. By factoring in the possibility of a tie, it opens up opportunities for bigger payouts—especially in closely contested games. The key to success lies in careful analysis, understanding team dynamics, and leveraging odds that offer the best value.
With the right strategies, you’ll be better equipped to balance risk and reward, turning NHL three-way bets into winning opportunities. Happy betting!
