This guide is here to tell you all you need to know about NHL betting odds. Essential reading for anyone who wants to bet on hockey but doesn’t know where to begin.
We’ve found that there are lots of sportsbooks in Ontario that’ll let you enjoy quality hockey betting. They can only do this if they are capable of giving you some of the best hockey odds in Canada. So our guide shows you the different kinds of NHL odds you can bet on and reveals the sportsbooks with the best hockey bets.
Go to Bet365
Go to Bet365
Go to Bet365
Gone are the days when sports fans in Ontario could only try parlay betting, as you can now bet on single-game sports bets too. Ever since 2022, this has been possible at a range of online sportsbooks meaning that you can enjoy a massive range of NHL odds from all over the province.
Each online sportsbook in Ontario is regulated by iGaming Ontario to give you a legal and safe way to play. The only things to bear in mind are that you have to be at least 19 years old to bet on sport, and that you will need to be playing from somewhere in Ontario.
As long as you fulfil those requirements, there will be nothing stopping you from enjoying an entire world of NHL betting odds.
Just in case you didn’t know, odds refer to the probability of something happening. So if you get odds for the NHL, it could relate to the probability of the Maple Leafs winning their next game, the Senators winning the Stanley Cup and so on.
The key thing to remember is that shorter odds give you a better chance of winning, but your returns won’t be so good. Conversely, longer odds give you better returns but you’ll have less chance of winning. As such, betting on NHL odds is all about balancing risk and reward.
You can go to any online sportsbook in Ontario and find that they all have lots of NHL odds. Despite this, it’s worth noting that each sportsbook will have slightly different odds from its rivals.
This means that it’s up to you to shop around to make sure that you are getting the best value odds for your hockey bets. But if you want to get straight into the action, you can sign up to one of these two sportsbooks and know that you’ll be getting some of the best NHL odds on the market.
| Sportsbook | Top NHL odds | Special features |
|---|---|---|
| PointsBet | Money line, spread, totals, props, futures | Quick parlay, fast Cash Outs |
| BetMGM | Money line, spread, totals, futures, props | Special Maple Leafs futures |
If you want superior betting odds for the NHL playoffs, you’ll need to give PointsBet a try. This is because this sportsbook always manages to give you competitive odds for each NHL game, and it really turns up the heat when it comes to the playoffs.
This means that you can download the PointsBet app and find market-beating odds for the moneyline, spread, totals and so much more. What’s best is that PointsBet has a great Quick Parlay feature which enables you to make a parlay for the playoffs in record time.
Elsewhere you will find that PointsBet is fully licensed by iGaming Ontario and it lets you fund your hockey bets with the likes of Interac, Visa, Mastercard and PayPal. All you should be looking for in a great hockey betting platform.
This is one of the biggest online sportsbooks to arrive in Ontario and so it’s only fair that BetMGM would have some of the most competitive NHL odds. We found that this sportsbook can be counted on for anything from the simplest money line bet to the craziest kind of parlay.
However, it’s all of those extra features that marks BetMGM out from the crowd. This can be seen in the range of odds boosts that it puts on for those major sporting events like the Stanley Cup, while that Edit My Bet function is very useful.
We should also note the fact that BetMGM loves to put on some specials for Maple Leafs futures betting, although it could have more to offer Senators fans. Still, for superior NHL odds, BetMGM is hard to beat.
We love the fact that you can sign up to most sportsbooks in Ontario and enjoy well over 100 unique betting lines for each NHL game. Here are just some of the different hockey odds that you’ll come across:
These are odds that require you to predict the winner of an individual NHL game. For example, you could bet on moneyline odds that the Maple Leafs will beat the Panthers.
This is where the sportsbook will set a goal advantage for the underdogs and a goal disadvantage for the favourites. So if you wanted to bet on the Maple Leafs against the Canadiens, you might find that the Maple Leafs would have to win by a certain margin for you to win your bets.
These usually refer to how many goals will be scored in a hockey game. For example, you might bet that there will be over or under four goals scored in an NHL game between the Senators and the Red Wings.
This kind of bet refers to any odds that are unrelated to the end game result. For example, you might find a variety of player props bets such as how many goals Connor McDavid will score and so on.
These refer to long-range bets that take in more than a single game. These could be anything from who will win the Atlantic Division to who will win the Stanley Cup itself.
We should also note the fact that all good online sportsbooks will let you bet live on hockey. This is where you can make your bets long after the game has actually begun.
You can make live bets on all of the usual markets like the money line and correct score, and the odds will be changing in correspondence to the live action. Don’t forget that most sports also let you cash your bets out early before the game has even finished.
Our guide has revealed that you face plenty of choice in terms of how you bet on the NHL. After all, there are plenty of legal online sportsbooks now operating in Ontario, and each of them will be trying hard to give you the best odds on the market.
While we’ve handpicked just two operators that can be counted on to give you quality NHL odds, it’s important to shop around before you put down your hockey bets. So sign up with one of our approved sportsbooks and get more from your NHL betting.
You can bet on NHL betting odds in Canada simply by signing up to one of our recommended sites and making a deposit. What’s best is that you can do the same for NFL odds in Ontario too.
It depends on what you’re looking for because there will be lots of different kinds of NHL betting odds in Canada. Like with Super Bowl odds in Ontario, you’ll be able to bet on the game winner, try a spread bet, bet on totals and much more.
We found that PointsBet and BetMGM have the best hockey betting apps and NHL betting sites in Ontario right now. Download one of these apps for free and get some of the best NHL betting odds on the market.
Our guide found that BetMGM and PointsBet routinely put on some of the best NHL betting odds in Ontario. Perfect for getting more from your bets on the Maple Leafs, Senators or any other pro hockey team.
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