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MAIN / Ice Hockey / Hockey Bets: How to Bet on Hockey and Earn Money

Hockey is one of the most popular sports. As for ice hockey wagering, it is not so common due to the smaller number of match broadcasts, compared to other sports like football and basketball. However, the bet you win can bring you a really big income. Would you like to bet on one of the hockey teams? Find out how to bet on NHL games in our article.

You can make NHL hockey bets directly on Parimatch — one of the most popular NHL betting online platforms with the best conditions for players and a truly user-friendly interface. Just place your bets right now to get the maximum win!

How to Bet on Ice Hockey: Game Rules

Hockey is an ice sport, the essence of which lies in the confrontation between two teams on skates. The players, passing the puck with their clubs, try to throw it as many times as possible into the opponent’s goal and not let it go into their own goal. An NHL game consists of three periods of 20 minutes of net time. A match usually has 17-22 players on each team. However, only 6 of them can be present on the ice at the same time.

How to Place Hockey Bets on Parimatch?

To make hockey game bets, you first need to log into your game account or register if you don’t have it yet. After you have found the best NHL betting odds, you can try predicting the result of the match (before it ends) and place a bet.

If you win ice hockey betting, you will receive your bet amount multiplied by the odds, but if you are wrong, you will lose your money. Please note that the types of bets are different, and we will discuss them below.

Ice Hockey Betting Odds

To learn how to bet on hockey, firstly you should find out what NHL odds are.

The ice hockey betting odds depend on two main factors — the probability of the outcome of the match and the sports betting NHL website margin. As for the first factor, the coefficients have an inverse dependency on the probability. That is, the more probable the outcome, the lower the odds on it, and vice versa.

In the case of a meeting between the favorite and the underdog, the higher odds always indicate the underdog and the lower ones are set for the favorite. Still, whoever you choose to bet on, Parimatch India offers the best hockey odds online.

Hockey Betting Lines

There are several famous ice hockey leagues that provide hockey fans great betting opportunities :

  • Ice Hockey World Championship (IIHF);
  • Kontinental Hockey League (KHL);
  • National Hockey League (NHL), including the Stanley Cup.

The last option — the NHL — is the most popular tournament in the world, so we will analyze the specifics of betting on its examples. We’ll consider a match between the Nashville Predators and Carolina Hurricanes. Let’s learn the bet types below and then proceed to practice!

Money line (To Win)

With this type of bet, you choose the team that must either win or loses (or there will be a draw). To see the total amount of money you can win for a particular stake, use this formula:
payout = stake x odds.

For example, the hockey odds for the Nashville Predators are 2.28. It means, if you bet 3,000 INR on this team and it wins, you get paid 2.28 x 3,000 INR = 6,840 INR. Your profit is 3,840 INR.

Totals Betting

This is a hockey bet that reflects the general outcome of the game in goals, not the winner. Options for the total number of goals are indicated for bettors to wager on “over” or “under”. For example, in the match we discuss, you can place wagers on “Over 6” goals total with odds of 2.44. As usual, if your predictions are true, you will win.


When hockey wagering on the puck line (or handicap), the favorite (the Carolina Hurricanes in our example) might be given a handicap, such as -1.5 goals. For your bet to win, the team should not just win the match but do it with an advantage of two goals over the Nashville Predators to overcome the handicap of -1.5.

Double Chance

For a safer NHL game bet, you can choose the double chance market. This way, you simultaneously bet on the two outcomes such as “the Hurricanes winning or a draw”, “the Predators winning or a draw”, or “one of the team wins (no draw)”.

Other Hockey Betting Lines

Above, we have listed the most popular types of hockey bets (NHL betting lines), but there are also others on the Parimatch website. You can explore all types of bets that are on our site right now. Just choose the match of your interest.

Hockey Betting Formula & Strategies

Let’s find out how to bet on hockey successfully, what to do in case of a loss, and how to adjust the winning strategy. Would you like to know even more about successful strategies for hockey bettors? Read our article on hockey predictions and betting tips!

Study Ice Hockey Teams’ and Players’ Statistics

Find out more about the teams playing in the league, carefully study the statistics of the matches that have already taken place. This way you can identify the favorites.

Know the Teams’ Game Schedule

You should know the NHL season teams’ schedule to place bets in advance when the odds are best. But, even if you did not have time to place a bet before the start of the match, there is always an opportunity to make it before the end.

Look Out for Injury Reports

Pay attention to player injury news to get maximum information that can help in forecasting. These events can affect the outcome of the match.

Consider the Teams’ Home Advantage

Home teams win more often than those who have to travel. This must be taken into account before placing a bet.

Know How Much the Teams Travel

A hockey team that has to move frequently may play worse even in case of having a good reputation. Therefore, study all the news about flights and relocations of the team that may affect the outcome of the match.

Keep an Eye on Your Favorite Teams

When you have a few favorite hockey teams, it becomes easier to watch their successes and failures. Choose a few favorites for yourself — this will help you build the right NHL betting strategy.

Track Your Results in a Spreadsheet

If you have already placed your bets, you should trace in a spreadsheet how your predictions turned out to be correct. This will help adjust your hockey wagering strategy in the future.

Always Manage Your Bankroll

If you are not sure about the winning of specific teams, it may be better to split your deposit into several bets in order to save your money.

Consider Live Hockey Betting

It might be difficult to foresee the results of the NHL games that will take place in a few days or later. Alternatively, just choose the live betting option and decide which team to bet on during the match.

How Can You Bet on Hockey Online with Parimatch?

Find out how to bet on hockey on our website. You’ll be ready to win big in no time!

  • Register

Complete a simple and quick registration on the Parimatch website. For verification, you should also upload a color photo of your Aadhaar card and a detailed digital bank statement or bank card details.

Parimatch registration

  • Make a Deposit

Go to your Parimatch India wallet, choose your preferred payment method, enter the amount of the deposit and follow the instructions.

Make Deposit India Paarimatch

  • Find the Matches You Want to Bet On
    Select the match you will bet on based on your analysis of favorites and underdogs.

Ice Hockey Betting - Parimatch

  • Find the Best Bet Options for the Match

Choose a bet option, for example, one of those we wrote about above.

Place bet on NHL at Parimatch

  • Place a Bet!

Place your bet and wait for the victory!


Hockey betting is an easy way to make money for those who follow the rules of the main hockey betting markets, constantly gaining knowledge about the teams, watching the NHL games, and analyzing them. Choose a strategy, learn to manage a bankroll, use information wisely, and then success will be on your side.

Read More

Hockey Betting FAQ

Where can I bet on hockey?

You will find the most favorable playing conditions and a variety of bet types at the Parimatch India hockey betting page.

What does puck line mean in hockey?

The puck line is -1.5 goals for the favorite and +1.5 for the underdog.

Does the puck line include overtime?

No, puck line bets are accepted only for the regular time of the matches.

What’s the difference between moneyline and puck line?

The moneyline requires you to pick a team to win outright. At the same time, puck line betting relies on goals scored (not just on wins and losses).

Is hockey betting profitable?

You should pick the correct tactic (see the tips in this article), which helps to choose the right matches and profitable hockey betting formula.

How do you make money betting on hockey?

To maximize your chances of winning on the Parimatch online sportsbook, it’s best to start with small bets and a careful study of the league’s top teams and sports news.

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