Ice Hockey Betting Guide: How to Bet & How it Work

Learn how ice hockey betting works in Australia with pro tips, strategies, and risks—a bright and straightforward guide for Aussie punters.
Ice Hockey Betting Guide: How to Bet & How It Works

Ice hockey may not be Australia’s top sport, but it’s one of the smartest places to look for betting value. With fewer punters and more favourable odds compared to sports like AFL or NRL, the National Hockey League (NHL) offers unique opportunities for Australian bettors.

In this guide, we’ll explain exactly how ice hockey betting works, what markets are available, the best strategies, and where the risks are.

If you’re just starting, we also recommend this helpful beginner guide: BookiesPedia Betting 101

What Is Ice Hockey Betting?

Ice hockey betting involves placing wagers on the outcomes of games, especially in leagues like the NHL. It works similarly to betting on other sports, but hockey’s pace and scoring style create unique betting markets and angles.

Because NHL games are popular in North America but less followed in Australia, odds can be more favourable for informed bettors who do their homework.

Main Types of Ice Hockey Bets

Here’s a quick breakdown of the key bet types:

Bet Type

What It Means

Money Line

Bet on who will win, including overtime.

Puck Line

A -1.5 or +1.5 goal spread; similar to point spread betting.

Total Goals

Wager on the total number of goals scored by both teams combined.

Three-Way Line

Bet on the result after regulation time only: Team A wins, Team B wins, or a draw.

All of these bets will be offered in AUD when using an Australian-licensed bookmaker.

Example:

  • Betting AUD 250 on a favourite at -250 odds returns AUD 100 profit.

  • Betting $100 on an underdog at +150 returns a AUD 150 profit.

How to Start Betting in Australia

To bet on ice hockey in Australia, follow these steps:

  1. Sign up with a licensed sportsbook (TAB, Sportsbet, Neds, etc.)

  2. Verify your identity with ID.

  3. Deposit funds via bank transfer, PayID, or card.

  4. Browse hockey markets—look for NHL, KHL, or international leagues.

  5. Start small and test your strategy.

Always review the fine print, including bonus terms and withdrawal rules.

Smart Betting Strategies

Successful ice hockey betting relies on form, data, and timing. Here are some of the top tips:

A. Bet on Current Form, Not Season Stats

  • Look at the last 5 to 10 games, not just standings.

  • Underdogs in hot form offer value.

B. Watch Team Schedules & Lineups

  • Fatigued teams, such as those playing three games in five nights, tend to underperform.

  • Resting goalies or key players? Adjust your bet.

C. Compare Odds (Line Shopping)

  • Not all bookies offer the same odds. Always compare across platforms before placing a bet.

Advanced Stats That Matter

To go beyond gut instinct, use these advanced metrics:

  • Corsi (CF%): Measures puck possession via shot attempts.

  • Fenwick: Like Corsi, but ignores blocked shots.

  • Expected Goals (xGF / xGA): Calculates scoring quality, not just shot count.

  • High Danger Scoring Chances (HDSC): Focuses on the best scoring chances from key zones.

  • Goals Saved Above Expected (GSAx): Analyzes goalie performance against shot quality.

Stats like these separate casual punters from serious ones.

Pros and Cons of Using Overseas Betting Sites Like SportsMemo

Pros:

  • Detailed betting strategies

  • Focus on analytics

  • Regular insights into form and stats

Cons:

  • Not geo-targeted for Australian bettors

  • Pricing in USD, not AUD

  • Promotional content often pushes paid picks.

  • No regulation under Australian betting laws

Instead, Aussie punters should use locally licensed platforms and Australian-friendly content like BookiesPedia’s Betting 101 Guide.

Frequently Asked Questions

What is a moneyline bet in ice hockey?

A moneyline bet involves wagering on which team will win the game outright, without considering the point spread.

The puck line is a point spread set at ±1.5 goals. A favourite must win by at least two goals, while an underdog can lose by one goal or win outright for the bet to succeed.​

Over/under bets involve wagering on whether the combined total goals scored by both teams will be over or under a specified number.​

Review a team’s recent performance, including wins, losses, and overall gameplay, to assess their current form.​

Advanced statistics provide deeper insights into team performance, helping bettors make more informed decisions.

Final Thoughts

Ice hockey betting in Australia can be profitable with the right tools and mindset. While sites like SportsMemo provide great strategic insights, they should always be balanced with local market knowledge, regulatory awareness, and innovative bankroll management.

Whether you’re betting on a Saturday night NHL match or following playoff action, always make sure you’re informed, not just optimistic.

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