NHL Betting Sites in AZ
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Residents of Arizona are now permitted to place bets on the National Hockey League. They are also expected to be able to wager on hockey at Gila River Arena, given that this venue qualifies for a sports betting license. Once everything is settled, those betting on the NHL will have several legal and regulated online sportsbooks at their disposal for placing their bets.
The NHL will be a significant feature in every Arizona sportsbook, from the preseason through to the regular-season games and the Stanley Cup Finals. We will explain below how NHL odds function, the different types of bets you can encounter, and more.
Best NHL betting sites for Arizona
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How to sign up for an online sportsbook account
You might be surprised to find out how simple it is to register and begin betting at Arizona sportsbooks. When you arrive at the new account page of your chosen sportsbook (using the links provided above), you’ll be prompted to fill in your personal details.
Rest assured, sportsbooks employ some of the most sophisticated security measures in place today, ensuring the safety of your information. You will be requested to provide various details, such as your name, address, date of birth, driver’s license number, Social Security number, and others.
Each site will require you to agree to its terms and conditions. We strongly advise you to thoroughly read these before setting up a new account. After fulfilling this requirement, you can utilize your bonus, which might be a deposit-matching bonus or even bonus bets. Every sportsbook will present a tempting offer for your consideration.
After making your initial deposit, which can be done through several methods detailed in a sportsbook’s terms and conditions, you can start placing bets.
How does betting on the NHL work?
Although the NHL may not be the premier choice for sports betting (a title held by the NFL), it nonetheless receives considerable attention throughout the year as bettors relish the challenge of outsmarting the sportsbooks.
The NHL, from the preseason through to the playoffs and the lifting of the Stanley Cup, offers plenty to engage any sports bettor. In the following sections, we will explore the different types of bets you may come across while wagering on the NHL in Arizona.
Betting the moneyline
A moneyline bet is the simplest type of bet for beginners to grasp, requiring minimal in-depth research (although, it is still advisable to do thorough homework before placing any bets). The concept is straightforward: a sportsbook presents a game between two teams and offers odds for each. Negative numbers represent the favored team, and positive numbers represent the underdog. Your task as a bettor is to select the winning team. If your prediction is correct, your payout will be calculated based on your moneyline bet and the corresponding odds. For instance, you might see something like this at PointsBet’s Arizona Sportsbook:
- Arizona Coyotes -110
- Detroit Red Wings +120
What we observe here is that the bookies give the Coyotes a higher chance of winning this game, with the Wings being the underdogs. To bet on Arizona, you would need to put down $110 to potentially win $100. If you did make this bet and Arizona won, you would receive $210 - your original bet plus your earnings.
If the Red Wings won, a $100 bet on them would yield a return of $120, making the total payout $220.
Betting the puck line
Undoubtedly, you’ve come across the term “point spread”. This refers to a particular type of betting that balances the competition between two teams by giving points to the underdog. In NHL betting, this point spread is referred to as the puck line.
Similarly, in this scenario, the underdog is denoted by a positive number, which represents the goals in this case. On the other hand, the favorite is indicated by a negative number. For instance, consider an example you might come across at BetMGM Arizona:
- Arizona Coyotes -1.5 (+185)
- Dallas Stars +1.5 (-225)
This listing indicates that the Coyotes are the sportsbook’s favorite to win the game by a margin of 1.5 goals or more. Conversely, the Stars are predicted to lose by at least 1.5 goals.
As the bettor, you need to determine whether you believe the Coyotes will secure a victory by a margin of two or more goals, or if Dallas might either lose by less than two goals or win outright. Winning by an advantage of two or more goals is significantly more difficult than winning outright, which explains why the Coyotes, even though favored to win, are pegged at +185 odds.
Bets placed on Arizona would result in losses if they win 2-1 as they wouldn’t surpass the spread. However, if they secure a victory with a 3-1 score, those bets would win. A winning bet of $100 would yield a return of $285, inclusive of your $185 earnings.
The Stars can still be considered winners in puck line betting even if they lose 2-1. Moreover, if they win outright, bettors who placed wagers on them would receive a payout. They have -225 odds, meaning you would win $100 from a $225 bet. This is because in professional hockey, keeping the game within a single goal increases the Stars’ odds of winning the bet.
You might be curious as to why the betting line is set at 1.5 in hockey when it’s impossible to score half a goal. The sportsbook does this to ensure there’s always a winning side to the bet. Since scoring 1.5 is not achievable, either team will win, resulting in winning and losing bets. This way, there are no draw results, preventing the bookmaker from having to refund the original stake.
Betting the totals
An over/under, also known as a totals bet, is a popular betting format where a sportsbook predicts the total score of both teams in a single game. As a bettor, your job is to guess whether the combined score of the two teams will be “over” (more than) or “under” (less than) the predicted amount.
Don’t concern yourself with which team will emerge victorious. Instead, concentrate on whether the combined score of both teams will exceed or fall short of the projected total.
If you glance at the Arizona Coyotes odds at the Caesars AZ Sportsbook, you may find a totals bet that appears like this:
- Over 5.5 (-110)
- Under 5.5 (-110)
The sportsbook is employing the half-point strategy again to avert any bets that neither win nor lose. If they had chosen an even five goals and the final score was 3-2, there would be no over or under bets. Consequently, all such bets would be deemed null and would necessitate a refund.
However, if the score stands at 3-2 and the over/under is set at 5.5, then any bets placed on the under would be victorious. A successful bet of $110 would yield a return of $210, comprising of the initial $110 stake and an additional $100 in winnings.
Betting on prop bets
Prop bets, or proposition bets, are stakes placed on minor occurrences within a game or sports event. These can range from predicting whether a game will end in a shootout to betting on a particular player’s total goals in a match. While some of these bets are serious, others are more light-hearted. Despite the fact that they are notoriously difficult to forecast and research, bettors continue to invest in prop bets at a steady rate, making them one of the more favored bets in the betting world.
Just as with all the aforementioned wagers, prop bets carry odds related to the potential outcomes. Keep in mind that negative numbers present a lower risk/reward ratio compared to positive numbers.
Betting on futures
Futures bets are just as their name suggests: they are wagers on events that have not yet occurred. You can typically place these bets at any time throughout the year, not just during the season of the event.
Futures betting opportunities might be available for outcomes like the next Stanley Cup or President's Trophy winners. These wagers can vary, covering both team and individual achievements, including the Conn Smythe award or the Vezina trophy winners.
Futures bets often begin with quite long odds, but these become more accurate as the event approaches. The wager you place will maintain the odds listed at the time of your bet, thus you can either gamble early with hopes of predicting the future or wait until more information is available and the situation is somewhat clearer.
What is in-game betting?
Technology’s progression now allows ordinary people to carry powerful computers in their pockets at all times. This technological evolution hasn’t overlooked the sports betting industry. As a result, online and mobile sportsbooks have gained popularity due to their user-friendliness and accessibility.
The buzz around mobile and online sportsbooks is in part due to the introduction of in-game or live betting. This feature lets you place prop bets as the game progresses. You can speculate on who will score the next goal, whether there will be a third-period comeback win, which team will be leading after two rounds, or if there will be a short-handed goal in the first period.
Live betting on NHL games necessitates the immediate updating of odds, a demand that retail sportsbooks struggle to meet. On the other hand, online and mobile books can provide users with real-time odds, ensuring a seamless betting experience.
Live betting has introduced an unparalleled level of interaction with games and wagering, an aspect that bettors are thoroughly enjoying. If you’re interested in trying it, you should consider the sportsbooks that have significantly improved their offerings in this area.
FanDuel Sportsbook and DraftKings Sportsbook have both established reputations for their user-friendly apps and websites, excellent customer service, and well-crafted experiences that simplify in-game betting with their offerings. Their origins in daily fantasy sports markets allowed them to gain experience in providing real-time information to their customers and dealing with in-game activities before transitioning into full-fledged sportsbooks.
Other popular markets for NHL betting
The charm of sports betting in Arizona lies in the constant availability of betting opportunities. As sports operate all year round, the activity of placing bets on them never ceases.
When the season begins, the action intensifies. In addition to the previously mentioned bet types such as moneyline, puck line, totals, and others, there are numerous other options available for you to place your bets on.
Here are a few that you might encounter in your preferred sportsbooks:
- Period Bets: These are bets placed on a specific period and the outcome is determined by the goals scored during that particular period only. This could be a point spread bet or a moneyline bet. Please note that bets on the third period do not account for any overtime.
- First Team to Score: This is a straightforward wager on which team will be the first to score. In the event of an overtime, these bets still count. Even if the game doesn’t reach its conclusion, as long as a team has scored at some point, the bet remains valid.
- Final Team to Score: Similar to the previous bet, this wager is placed on the team that scores the final goal in the game, irrespective of whether they win or not. The bet includes goals scored in overtime, but for the bet to be valid, the game must be played to completion.
- Period with the Most Goals: Choose any period. Your aim is to predict which one will yield the highest number of goals. This bet is only valid if games are finished.
- Goal Race: This involves betting on which of the two competing teams will reach a stated number of goals first. Occasionally, there is a “neither” selection available for these wagers. However, if this option is absent and neither team attains the goal total, all bets will be nullified, and the initial stakes will be refunded to the gamblers.
- The Grand Salami: This is a betting term where a sportsbook offers a total, or over/under, bet for the combined scores of all games. For instance, if there are 10 games with 20 teams, the Grand Salami would be the sum of all these games’ final scores. If the total bet is, say, 50.5 goals, you have to predict whether the 10 games’ final scores will total more or less than this predicted number. This is similar to any over/under bet, but on a significantly larger scale.