There are over 1,200 regular-season NHL games every year, with each NHL team playing 41 home games and 41 road games. That makes for some incredibly entertaining NHL betting in Maryland with tons of opportunities to bring home the cash. Now that online sports betting is legal in the Old Line State, there’s even more to celebrate. In this article, we break down NHL betting in Maryland. Then, we will provide you with detailed information about hockey betting, from the types of wagers to which sportsbooks are the best of the best.
Alright – time to get to it.
Place bets on the NHL in Maryland
With so many NHL games to bet on in the Old Line State, you need a strategy in place. But, if you stick with our tips and tricks, you will be ready to place your first wager before the next puck hits the ice.
Be sure to check out our FAQs for answers to some of the most common questions we receive.
First up: Understanding NHL bets
Before heading online to sign up with a sportsbook and place your first bet, you are going to want to make sure you understand the basics of NHL betting.
We’ve got you covered with an overview of the most common types of hockey bets. Let’s get started with the most common wager, the Moneyline.
Betting on the money line is the most popular type of NHL wager.
A moneyline bet is simply a wager on which NHL team will win in a game.
It’s easiest to explain by providing an example. Say a sportsbook’s Moneyline has the Washington Capitals as the favorite at -115 and the New York Rangers as the underdog at +250.
- Scenario 1: You bet $115 on the Capitals, and they win. You make a profit of $100.
- Scenario 2: You bet for the underdog, the Rangers, and they win. The payday is much more significant when betting on the underdog. You make $250 on a $100 bet in this case.
- Scenario 3: You bet on either team, and that team loses, so you lose the bet and your wager.
Puck Line Bets
Hockey’s puck line is comparable to baseball’s run line in that they are both based on a 1.5 spread.
Let’s use the Washington Capitals and New York Rangers as an example again.
Washington Capitals -1.5 (-120)
New York Rangers +1.5 (+230)
When betting on the puck line in this example, you are wagering that the favorite, the Capitals, will win the game by two goals, or the Rangers, the underdog, will either win outright or lose by one goal.
What if the game ends in a shootout or goes into overtime?
Well, then the New York Rangers would automatically cover the spread since a Washington Capitals shootout, or overtime win would mean that the winning margin would only be one goal. It’s important to note that the puck line, or spread, never changes in hockey.
What about the payouts?
Good question. The odds listed by the two teams indicate what the payouts will be. If the Capitals beat the Rangers by at least two goals, then they’ve covered the spread.
If you bet on them, you would take home $100 on a $120 bet. If you bet on the Rangers and they covered the spread, meaning they won outright or lost by just one goal, then you would take home $230 on a $100 bet.
Sportsbooks use puck lines bets to even the odds of an NHL game. That said, puck line bets generally offer better odds than Moneyline bets in hockey.
Over/Unders or Totals Bets
Over/under (totals) betting is based on the total number of goals, assists, or any other numerical-based statistic that can occur in a hockey game.
A sportsbook posts the totals line, and you decide whether or not the final combined total will be over or under that posted number.
Say a sportsbook set the over/under total for the number of goals scored by both hockey teams at 4.5. If you think the total score will add to more than 5, you will bet over. If you believe that it will be a low-scoring game with less than four goals, you will bet under.
Over/under betting in Maryland has nothing to do with the winner. You are only concerned with the totals.
A parlay bet is a single wager on two or more outcomes. For example, you parlay $100 on the Washington Redskins and the Detroit Red Wings. Both teams must win their games in order for you to win the parlay bet. If one team loses, you lose the entire bet.
If you have a knack for predicting how a season will unfold or are just certain that the Washington Capitals are going to win the Stanley Cup this year, then futures bets are where it’s at.
Sportsbooks offer futures well before the start of a season and will continually adjust the odds as the season progresses.
Prop bets in hockey have to do with a specific player or game-related occurrences. There are always tons of exciting prop bets to choose from. Here are some examples of prop bets:
- Who will be the first player to score in the game?
- Will Alex Ovechkin scored in the first period?
- Will the Washington Capitals win without conceding a goal?
As with all of the other bets, the sportsbook sets the odds for each player or game prop bet.
As an example, we asked if Ovechkin will score in the first period. The sportsbook set the odds at -118 for “yes” bets and -112 for “no” bets.
- Scenario 1: You bet that Ovechkin will indeed score in the first period. He got the shot, so you made $100 on your $118 bet.
- Scenario 2: Or perhaps you think he won’t get it past the goalie in the first period, and he didn’t. You bet $112 on “no” and profited $100.
A Grand Salami bet is a total bet on a much bigger scale. Imagine there are six hockey games being played on a particular night. An oddsmaker will post how many total goals will be scored in all six games. You bet whether the outcome will be over or under the posted total.
Two NHL teams usually end up with a total of six goals per game. You get to bet on how many total goals will be scored in all six games with a Grand Salami bet. Using these figures, the Grand Salami will be somewhere around 35-40.
Can you bet on a game while it’s happening? The answer is yes, and we couldn’t be more excited about that. Live betting on hockey is truly an exhilarating whirlwind of an experience.
You can bet on the action as it’s taking place, and there are tons of wagers to choose from. You definitely will want to try out in-game betting. The more you do it, the better you will get, which means a bigger payday, of course.
Formulate your NHL betting in Maryland strategy
If you are looking to win big when betting on hockey, then you need to have a strategy in place. Of course, it’s important to understand hockey in general and how bets work, but it’s just as critical to be strategic about your wagers.
Lucky for you, we offer up some of our best NHL betting tips in this section. Read on, and your bag of hockey betting tricks will thank you.
- Don’t let your heart mess with your mind. Emotions run high in sports betting, and oddsmakers love it. Why? Because when you put aside rational thinking and bet based on your feelings, it can be dangerous. For your wallet, anyway.
- Always take note of injuries. Would you bet the same if you knew that the goalie was out because of an injury? Probably not. Make sure you know the players so that if the star player is out, you bet accordingly.
- Take advantage of live betting. Watch the live odds as closely as you do the game. If you feel like a sportsbook isn’t quite keeping up, jump on it. It could be an opportunity to cash in on a big payday.
- Study home and road records. As with any sport, the home team advantage is a real thing. An NHL team playing on home ice definitely has advantages – plenty of fans, for example. However, hockey is a fickle thing, and sometimes teams just do better on the road. Make sure you know the team’s history when it comes to home games v. road games.
- Also, study the NHL teams’ schedules and streaks. Has the team you are betting on been on the road for weeks? Is fatigue setting in? Or maybe you are looking at a team who is on a crazy good winning streak, and you don’t see them slowing down.
- Explore all NHL betting types. Yes, puck lines and money lines are popular for a reason, but period and totals bets can have substantial payouts as well.
- Parlays shouldn’t be your go-to bet. Even for the experienced bettor, parlays can be difficult to win because hockey is so unpredictable.
- Shop the line. We’ll get more into MD sportsbooks in the next section, but you should ALWAYS shop around to ensure you are getting the best possible odds. Knowing what a sportsbook specializes in certainly helps (and don’t worry, we’ll cover that too).
Choosing the best sportsbooks for NHL in Maryland
To maximize your profit, go with more than one MD sportsbook. We say this because all oddsmakers specialize in different betting styles, offer varying bonuses and promos, and have different odds.
We promised we would let you in on the NHL bets Maryland sportsbooks specialize in, and we keep our promises.
But before we get to that, let’s first look at some tips to make sure whatever sportsbooks you end up going with are trustworthy and legit.
- Check to see if the sportsbook is legal with a license, is secure, and has plenty of good reviews.
- Review deposit and withdrawal terms. Make sure you can easily make deposits and request a fast payout.
- Study the odds in detail to ensure you are getting the most bang for your buck.
- Look at the sign-on bonuses and promotions offered by the sportsbook.
Our favorite MD sportsbooks (+ what they are good at)
Every sportsbook in Maryland has its pros and cons. Here are our top five MD oddsmakers and what they specialize in when it comes to the world of NHL:
- BetMGM: BetMGM is at the top of our list for a reason. They don’t just specialize in one bet or another; they just get it when it comes to every type of NHL wager.
- DraftKings: This industry leader will make it worth your while with best-in-class bonuses.
- PointsBet: For unique and exciting NHL betting in Maryland, go with this Australian oddsmaker.
- FanDuel: Check out the futures wagers FanDuel offers, and you won’t be disappointed.
- Barstool: Props bets. Need we say more?
Here’s the deal. When placing a hockey bet with an MD sportsbook, you should always look at the variety of bets offered, the overall value, and maybe most importantly, the odds.
FAQ’s About NHL Betting in Maryland
Is Hockey betting legal in Maryland?
Yes, it is. Maryland’s sports betting bill became effective immediately after being signed into law.
What are the easiest wagers for NHL betting in Maryland?
Moneyline bets are excellent for novice bettors, but we encourage you to get an understanding of every bet type to maximize your wins.
What do sportsbooks in Maryland require when signing up?
Before you can place your first hockey bet, you will need to prove your identity and address. For example, you might provide your driver’s license and a utility bill. The reason is to prevent fraud.