Betting For This Year’s Stanley Cup? Here’s How To Read NHL Odds

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Temperatures are dropping across the country, but the action on the ice continues to heat up. The NHL season has only been going on for a little over a month, yet we’ve already seen incredible victories, devastating defeats, spectacular scores, and historic showdowns. After more than six months, it’s impossible to predict what the rest of the season has in store for this year’s Stanley Cup.

You can add a lot of excitement to an already intense sport by wagering on the outcomes of games. With its competitive teams and one of the most thrilling playoff formats in sports, the NHL provides exciting and rewarding opportunities for newcomers and seasoned bettors alike.

Understanding NHL Odds

You need to know how to read the odds to win Stanley Cup to be a good sports bettor. Understanding the odds is the first step in making sound judgments about your betting strategy, which includes everything from how much money you want to risk up to which bets are the most profitable.

The Money Line

Due to the low scoring format, money line betting has overtaken point spread betting as the most popular way to wager on your preferred hockey team. If you want your team to win the game, they must do it by a margin of goals. Negative values are assigned to favorites and underdogs in NHL betting vely.

If you want to wager on a -180 favorite, you’d have to put up $180 to win $100 or $10 for a more minor player to win $160, you wager $100 on the underdog at +160 odds. Remember that it’s riskier to support the favorite without a point spread. However, the payoff is more significant if you go with the underdog.

Live betting is a great time to place money line bets. It’s a good idea to get involved in in-play wagering and actual NHL game lines for a shot at some big-time payouts.

The Puck Line

The puck line combines a money line and a point spread in NHL odds betting. Like a run line in baseball, a team must defeat its opponent by a margin of at least two goals in order to win the wager. This indicates that the team is 1.5 goals ahead of their opponents. A rating of +1.5 indicates that a team is a 1.5-goal underdog.

The team should win by at least two goals in the NHL to meet the puck line hockey spread. Even if the team loses by one goal, the underdog will still be able to protect the puck line. Moreover, when a team loses 3-2, it can still win the puck line if it has a goal differential of +1.5. In other words, it doesn’t matter if the underdogs win or lose; you can still win.

It’s also possible to observe a valueher -135 or +180 on the puck line. Here you can see how much money you’ll need to put into s and what you’ll make. These NHL spreads are typically used by bettors who are confident in an underdog’s ability to win but fear that they will lose by a narrow margin.

The Totals

Hockey totals are wagers on how many goals are scored in a game—determining whether the final tally will be higher or lower than the oddsmakers’ predicted total. For example, if Pittsburgh and Philadelphia’s over/under is 5.5, you’ll need at least six goals achieved to win them over, and at most five goals scored to achieve the under.

A typical hockey total ranges from 5 to 6.5 points, depending on the teams involved and the goalkeepers in the game. The wager amount is reimbursed in “push” circumstances when the final goals scored are equal to the total. It’s possible that if you wager on the total goals scored in a hockey game, you’ll come up empty-handed.

However, this hat is crucial to remember: in a totals wager, you are betting on whether the total number of goals scored in a given game will be more or lower than the oddsmakers’ specified total.

Placing Successful Bets on The NHL’s Stanley Cup

You must conduct your research before placing a wager. Otherwise, you risk losing your whole bankroll, and that’s a scenario you don’t want to face. If you want to be successful at NHL betting, you’ll need to do more than just do your research.

Remember that the ideal NHL betting strategy is similar to learning how to skate on ice. You can’t expect to start making money right away if you haven’t gotten your bearings.

Sports betting in the UK – betting exchanges are on the rise

You have probably heard of betting exchanges already, especially if you like to place the occasional bet yourself, but do you know what a betting exchange is exactly, and how it differs from a sportsbook? They have gained a lot of popularity over the past few years, in great part thanks to the rise of social platforms and digital technology, so in this article we’ll briefly explain what a bet exchange is and some of their major advantages when compared to more traditional sportsbooks.

What is a betting exchange?

To start with, allow us to briefly explain what a betting exchange is and how it differs from a sportsbook. On a betting exchange, your bet competes against other people’s bets instead of against the bookmaker’s quote, so to say. In other words, on a betting exchange you place bets against other players, not a bookie. As a result, the entire dynamic of betting is changed in comparison to how bets are placed with a regular bookmaker.

Now, you might wonder how the betting exchange makes its money then, seeing as “the house” is not participating actively in the bets placed on its platform. In order to compensate for this, the exchange makes its money by charging a commission over each player’s winnings. At first, this might sound like a bad deal for you as the punter, especially if you don’t have any experience with placing bets with a betting exchange, but it can be a pretty good deal in practice. There are quite a lot of advantages for players when it comes to betting exchanges and we’ll list a few of the major ones here below.

A few advantages of playing at a betting exchange

Generally better odds

In comparison to standard betting websites, betting exchanges tend to offer better odds, especially when it comes to longshot bets. These are seen by exchanges as “easy money”, so in order to make them more attractive for players, they give them better odds. Of course, it should be kept in mind that longshots bets are called like that for a reason, and that even in case of a win, a commission will still be charged by the exchange.

Laying bets

Possibly the biggest advantages of betting exchanges compared to traditional sportsbooks is that exchanges give players the possibility to bet on outcomes that won’t occur as well. With lay betting, basically, the player becomes the bookmaker as he or she tries to make money of other people’s losing bets. Example: with a betting exchange, you can lay a bet on Manchester City NOT becoming the 2021/22 Premier League champions. If you’re a City or Liverpool fan then this type of bet is something you might consider to alleviate the disappointment of missing out on the title particularly if you can’t make yourself bet on the other side to win.

More chances to guarantee profits

Thanks to the possibility of laying bets, attentive punters can sometimes help hedge their profits on betting exchanges. Say, for example, that you have placed a bet on the upcoming clash between Liverpool and Manchester United at Anfield, saying the home side will defeat the visitors at 2.5. You then discover that star players (such as Mo Salah, Sadio Mané, Cristiano Ronaldo, Bruno Fernandes and Diogo Jota) will be missing the game, with rising odds as a result. In such a case, you can simply lay off the bet at 5.0 and improve your position according to the changed conditions.

Australian betting and its popularity among the population

Australia is considered one of the most gambling countries in the world, because the sports industry here is very well developed and all kinds of sports are present.  This gives an impetus to the development of new kinds of bets and bookmakers. 

The Prevalence of Sports Betting in Australia and Its Features

Betting on sports has long been part of Australian culture. This activity brings a lot of pleasure and unforgettable emotions. According to official data, in 2015 the total amount of bets on sports exceeded 27 billion, which was an absolute record. The Australians are an extremely gambling nation, which surpassed even the British in their addiction. There has been a keen interest in betting here since a long time ago, when it was illegal. In those times there was an active struggle against this promptly developing industry, but nobody could overcome people’s excitement, that is why in the 80-ies the government decided to legalize betting. This was the starting point from which betting started to flourish. Today the most popular are online bets on sports, it has become much more convenient and accessible with the development of technology. It gives an opportunity to australian online bookmakers to deploy their activities and earn real money. 

Features of Betting in Australia 

Despite the fact that betting is officially legalised in Australia, there are still some restrictions. First of all, it is related to territorial division. Each of the Australian states has its own attitude to betting and certain laws concerning the regulation of bookmakers. In the northern part of the state, online betting was legalized back in 1996. This was the beginning of the explosive growth of betting shops and the emergence of new betting sites. It is important to note that the government has a very negative attitude to betting in live mode, so they were strictly prohibited. Today, almost everyone uses the online format to bet on their favorite athlete or team. Staying within the legal framework, betting companies keep the public’s gambling spirit alive and offer new betting options. Bookmakers pay taxes to the state, thanks to which they feel quite at ease in their field of business. Since Australia is a country with a very developed sports theme, it is not surprising that sports have become an object of public attention and gambling disputes and forecasts. As far as online betting is concerned, it is today that it enjoys tremendous popularity. Many people prefer it because it is convenient and there is a huge choice of bookmakers. 

Australia’s Most Betted Sports

Despite the great love of Australians for all sports, they still have clear favorites. These are the sports on which most bets are placed. Let’s find out a little more about them. 

Rugby League

This sport is considered one of the most popular and actively developing in Australia. Moreover, it is recognized as the most popular Internet sport. It is a team game, each with 13 players. The game involves an oval-shaped ball, which players pass to each other using their hands and feet. The main goal of the game is to get the ball to the right area or behind the goal of the opponent. It is a very dynamic sport, which keeps the spectator in suspense until the end of the game. That is why many people appreciate it and bet on rugby league, because it is not easy to predict the result, it causes a strong excitement and great interest. 

Australian Football

The sport is rightly considered a national treasure and a source of great pride to the Australian people. It is a very dynamic and unpredictable team game, in which the result can change at any time, which is why it is so attractive for betting. Each team has 18 players. The main difference from the classic soccer is an oval soccer field, and the ball can be passed not only feet, but also hands. The aim of the game is to get the ball into the opponent’s goal. There are several types of bets on Australian soccer. The most common are bets on one of the teams to win, bets on the performance of teams, which implies the total number of points, as well as bets on the outcome of the season. Each of these options has its own details, which need to be kept in mind if you want to make a good bet. 


Over the past few years, golf has been gaining in popularity. The number of fans of the sport has increased, which has allowed golf to grow in the ranking of sports for betting. The most popular type of golf betting is considered to be betting on winning the tournament. It is very difficult because each event can have more than 200 players, hence it is extremely difficult to make accurate predictions. The best solution in this situation is to bet on the player who is sure not to win, this is the most likely to make the right choice. To make accurate predictions, bookmakers take into account several factors that may affect the outcome of the game. First of all, it is the professional training of players and their experience. This is an important point, which is of great importance in a game such as golf. Also very important is the psychological mood and weather conditions. Competent evaluation and comparison of existing factors allows you to make the most accurate prediction. 


Basketball is another of the most popular sports in Australia, which has won the hearts of not only fans, but also bookmakers. A huge number of bets are placed on it every year. A significant advantage of betting is the large number of equally likely events and the regularity of the competition. In general, this sport is loved by newcomers to betting, because the game is the most predictable of all. It is much easier to assess the chances of each individual athlete during a game than it is in rugby or soccer. 

Football Betting Guide for Beginners

There is no doubt that football betting comes with lots of thrills and excitement. But for beginners who are trying to figure out how betting works, it might be quite difficult to enjoy football betting at first. Every experienced bettor started as a novice. It might be rough at the beginning of their betting career, but they kept on going and learning from their mistakes. Luckily, there are plenty of guides available Chezacash, and amateurs can learn from experts before the dive into betting full-time.

Contrary to what most people believe, you don’t need a lot of money to start betting. It is recommended you start with stipends, to reduce the risk in the early stages. Several reputable Kenyan betting websites offer new players bonuses which can be very useful to newbies. Betlion can be one of the best places to start your football betting career.

The football betting terms

There a several terms you are likely to come across when betting on football. To avoid the initial confusion or making wrong assumptions, here are the most common football betting terms to look out for:

  1. Stake: This generally refers to the money a bettor places on a bet.
  2. Accumulator: This is also referred to as a parlay bet. This is a cluster of single bets which is won by predicting all bets correctly.
  3. Handicap: This is a bet placed on a team that is given an advantage over the other. Using a handicap bet, there is a benefit to the underdog.
  4. Scorecast: This refers to a wager placed on a player who is the bettor predicts to score the first goal in a particular event.
  5. DNB: Also referred to as Draw No Bet is a situation where the bookie returns the bettors money if the match is a draw. The chances of a DNB is quite low because football matches rarely end in a draw.
  6. 24-hour rule: Some bookies have a 24-hour rule which voids all bets placed on a postponed match that is not played within 24 hours.

Choosing Your Preferred Bookie

Getting into football betting means finding a good number of bookies to place your wagers with. We don’t recommend you stick to only one bookie, as one bookmaker cannot offer everything you need. One gambling site might be great with sports offers and the number of bet markets they offer, another might have great promotions. However, before you sign up with any gambling establishment, be sure to do a little research on their credibility and license. Also, read trusted reviews from several sites as this is the best way to read objective opinions about them.

How to Place Your Bets

If you are just making a debut into football betting, here are some helpful tips to guide you along the way.

Bet with Your Head and Not Your Heart

The golden rule of betting is staying logical and avoiding placing wagers with clouded judgment. Don’t assume a team will win because they are your favorite.

Manage Your Expectation

Bettors often expect more once they hit a lucky streak or predict a couple of games correctly. Don’t get too confident and take risks you cannot bear.

Be patient

It is crucial to be patient when placing bets. Afterall, you have no control over the outcome.

Preakness Stakes Horse Betting: 5 Tips In Securing Successful Bets

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After Authentic nailed a surprising victory in the Kentucky Derby, fans can look forward to the Preakness Stakes that will start in a few weeks. On October 3, 2020, the Pimlico Park will highlight thirteen all three-year-old colts competing for the Grade 1 Preakness Stakes. Like the Derby, the Preakness will not allow any fans to see the live racing show.

This year, the horse racing community was cheering for Tiz The Law to win the Derby, but Authentic’s fate seems to look clearer than his. Hence, there is no Triple Crown winner this year. Although we won’t see any Triple Crown titleholder, the Preakness Stakes will conclude the series featuring million-dollar pot money.

As the race for the Black-Eyed Susans comes soon, the betting games will surely thrill every fan and bettor. Since the Preakness Stakes will close the Triple Crown this year, picking a winning horse is challenging because each of them brings excellent accomplishments. To ease your pain of picking the right horse to bet, here are some helpful tips to take heed on how to bet on the Preakness Stakes.

Kentucky Derby Winners

Preceded by the Derby this year, some of the Preakness Stakes entrants are coming from this event. Today, Authentic leads the odds ranking and the biggest favorite for the Black-Eyed Susans. You must consider this colt as one of your bets. Regardless if you wager on simple or challenging categories, this horse can surely place or win.

Aside from Authentic, there are also other Derby winners taking shape at the Preakness Stakes. Make sure to consider picking them for your next Preakness Stakes betting game. It helps to pick Derby winners since they have saddled in longer racecourses and might effortlessly complete the Preakness, which has a shorter running-distance.

Belmont Stakes Accomplishers

This year, Tiz the Law won the Belmont Stakes and only second in the Kentucky Derby. According to his owner, he will not run for the Preakness Stakes as he prepares for the $6 million Breeders’ Cup Classic. However, bettors should not worry since his runners-up are heading to the Preakness Stakes and can win big time.

Some of the Belmont Stakes placers who’ll run in the Black-Eyed Susans are Max Player and Pneumatic. Remember that the Belmont Stakes has the longest race course out of the three Triple Crown jewels. If these horses have made a significant placement in a longer course, the Preakness might be a no-sweat for them.

Preakness Field Condition

The Preakness Stakes this year will happen during the wet season. For the past years, it settled in mid-summer, so horses can quickly saddle up in a dry field. In a few weeks, fans and bettors can expect that it might be rainy, and horses will run on a muddy surface. It can greatly affect the colt’s speed, so get guided with the field condition.

Although the Preakness Stakes has the shortest course, if the horse can’t sustain an excellent speed in a muddy track, he might not get successful. So, when you pick for your Preakness Stakes bets, look for an entry that can saddle up well in a dry or wet racecourse. In this way, you can ensure that they can win all the way regardless of how the weather looks like on race day.

Non-Triple Crown Achievements

The Preakness Stakes entries did not only work out for the Triple Crown this year. Do know that there are various notable horse racing shows happening all over the world. If a horse has garnered huge accomplishments other than the Triple Crown jewels, they are more likely a good Preakness bet to consider.

Some of the Preakness Stakes participants this year had competed in Derby trails. These racing games have the same field as the Preakness Stakes. So, if a horse has ended a successful stint in these trails, they are most likely to do the same at Pimlico Park. Take time to review each entries’ non-Triple Crown achievements to compare and contrast.

Jockeys And Trainers

Jockeys and trainers play the biggest role in honing the horses’ talents and skills. No matter how tough the horse can look, he won’t be able to develop his skills without the help of these people. Looking back, most Preakness winners are trained and ridden by familiar jockeys and trainers, so you can do the same strategy this Preakness season.

A racehorse trainer who has accomplished many Triple Crown awards come out successful. The same goes for the jockey. If he has built a strong connection with the horse and can control the right speed during the race, they might end up successful.


The Preakness Stakes is not going anywhere, as it will start in less than ten days. Although the fans won’t get the chance to see the live racing show at the venue, the betting games are still settling on your most trusted online bookie. Hence, if you aim to pick a successful Preakness Stakes to bet this year, don’t forget to apply the tips above to earn considerably.

4 Tips for Successful Sports Betting

As you’re probably well aware, sports betting is increasingly popular both in the UK and in many other regions of the world. In fact, in the UK, every second, gamblers wage an average of £600, and the amount continues to rise as bookmakers are switching to digital platforms. 

Approximately half of the bets revolve around football since it’s the most loved sport here. If you’re reading this article, most likely you’ve already had some experience with betting. Maybe it’s not going very well, and that’s why you’re looking for tips and strategies. Are you tired of losing money? 

Unfortunately, most bettors tend to lose a lot of their hard-earned cash, especially at the beginning. It can come from a lack of experience and poor decision making. Either way, you’re not alone. By its very nature, gambling is risky. However, when done sensibly, it can be a great way to fill your time, add some excitement to watching sports and even make some money. 

But how? How do you make the most out of sports betting? Keep reading to find out. 

Learn as Much as You Can About Your Favourite Sports

This should go without saying. The majority of people who place bets are fans anyway. It’s a way for them to get more involved in the action of the game. To feel like they have something at stake. But to win at betting, you need to know more than your average sports fan. It’s all in the details. Savvy betters even take weather conditions into account when making their decisions. 

Let’s say your favourite sport is football. Knowing which team won their last six games isn’t enough. You need to look into how they play offensively and defensively, how good they are at keeping possession, the strengths and weaknesses of each player and then compare these factors to the opposing team. If one of their star players is missing then who is likely to step up to be the playmaker or take the corners and free-kicks?

We need to note that it also pays to follow less popular sports. A good example is MMA. Bookmakers are always expanding their market, and when you get into a sport like MMA, you have fewer variables to take into consideration.  

Get Organised 

Our next tip is to keep a record of your bets. If you really want to take your betting to the next level you need to stay organised. What exactly should you keep a record of? For starters, which bets you won and which ones you lost, the amounts you waged, your overall profit or loss and which bookmakers you used for each bet. This will give you a platform to analyse your strategies and see patterns. You’ll have a clearer idea of which decisions led to profit and which to loss. At the end of the month, put everything together and, depending on your betting goals, see if you’re in the green or red. 

If you’re in the green, it means that your current approach may be working for you. Start from there and see what improvements you can make for even higher wins. However, if you’re in the red, your strategies are not working out. See which bets made you lose the most money and identify the reasons why. 

To keep track of your bets, you can use a spreadsheet or, for a more comprehensive solution, there are many apps designed specifically for this purpose. Maybe jotting down all your bets isn’t the most exciting activity but it gives results. 

Since we’re on the topic of organisation, you’ll also want to keep a record of your bookmaker account information. We imagine you’re using several. No? Well, you should. More on that later. People who are serious about winning at sports bets usually have at least 50 accounts which makes it difficult to remember all the information. It’s not recommended to use the same credentials for all your accounts so you’ll have 50 different usernames and passwords. You can store them through another software, so you only have to remember one password. 

Don’t Stick to Just One Bookmaker

Our third tip is to shop around and switch between multiple bookmakers often. We already hinted at this in the previous point. Bookmakers place a lot of emphasis on loyalty because it’s such a competitive market. There are hundreds of online betting websites, and they all push special offers and loyalty schemes to reel you in. This means that it’s more profitable to switch between them. 

Do your research and check what offers are available for specific bets. Pay attention to free bet promotions in particular. Bookies are always coming up with free bets and other types of promotions for new or existing customers. If you have multiple accounts, you’ll have special offers you can take advantage of on a daily basis. Sign-up promotions are by far the best. It’s free money on the table. When you stick to just one bookmaker, you miss out on all of that. 

As you get more experienced in sports betting, you can try betting exchanges. They offer some significant benefits such as better odds, low commission rates, and they accept any kind of bettor. With traditional bookmakers, if you win too much, they may restrict your account. When you use betting exchanges, you’re unlikely to encounter such problems. 

Remain Objective – Don’t Bet With Your Heart

Our fourth and final tip is the classic “don’t bet with your heart”. You really want your favourite team to win. You’re cheering so hard that you even start to convince yourself that the odds are in their favour. Then you go and place your bet. 

Remember you are no longer just a sports fan. You’re a serious bettor. And betting boils down to mathematics. You need to stay in control of your emotions and make decisions using your analytical brain. Amateurs usually rely on their emotions. The thing is that for them, betting is just part of the fun. If they lose they’re not that bothered and if they win they see it as a bonus, as something they can talk about with their friends. Bookies love them because they convince themselves that their team will win no matter what. 

If your goal is to make money through betting and you wage on your favourite team, you’ll be doubly as disappointed. First because your team lost and second because you also lost your money. We strongly advise you not to place any bets unless your research and analysis suggests that you should.