By Jacob Johnson | Published On: Oct 18 2021

Tips on How to Bet an NHL Parlay

Tips on How to Bet an NHL Parlay as the 2021-2022 Season Arrives.

The 2021-22 NHL season is here, and there is hope that the league will be able to operate under a normal and full schedule. The last two seasons have seen changes brought on by the COVID-19 pandemic, but things are back to normal.

The start of a new NHL season brings some new opportunities to bet on the league. Each game of the NHL season will be available at the sportsbooks, but there is another way to bet on the league as well.

Creating an NHL parlay wager is a great betting opportunity for the 2021-22 season, and this guide will explain what an NHL parlay wager is and will also provide some tips to use. 

What is a Parlay Wager?

A parlay wager is a combination style of bet that has started to become extremely popular in the US sports betting industry. The reason for this is because winning a parlay can result in a large payout, depending on the types of bets that are included.

A parlay wager is made up of different “legs,” or bets that each sports bettor is allowed to pick. Bettors can simply look at the NHL games on the schedule for that night and create an NHL parlay based on the options that are available. 

With every leg, the odds will get longer, and the potential payout will also go up. In order to win a parlay wager, all of the legs have to hit, or else the wager is unsuccessful. Learning new tips on how to bet an NHL Parlay is always a good start for any bettor.

Types of NHL Parlay Bets

Here is a brief example of some of the types of NHL bets that you are able to include in your NHL parlay. 

Moneyline

A moneyline wager is simply picking the winner of a particular hockey game. Each team in the matchup will have specific betting lines attached to them, and it is your job to make a bet on which team will win that matchup. 

Puckline

The puck line is the hockey version of spread betting. When it comes to the NHL, the puck line is almost always set at 1.5 goals on either side of the wager. 

If you are making this type of wager, then the winning team would have to win the game by at least two goals. The losing team can keep the final outcome to a one-goal loss and still be the correct bet. 

Over/Under

An over/under bet is also known as a “total” bet, and this focuses on the total number of goals scored in a hockey game. This is a popular bet throughout the US sports betting industry, and it is a solid option if you are finding it hard to pick a winner. 

Props

You can also find prop betting options for most NHL games throughout the regular season. This type of betting used to be limited to just big sporting events, but that is no longer the case.

Both individual and team prop betting options will be available.  And these are unique bets that allow you to focus on things besides the winner or the final score.  The team at BParlay.com have put together a learn how to bet with NHL Parlays guide for our readers to enjoy.

NHL Prop Betting Tips

Now that you have a better understanding of what an NHL parlay is and how to place one. It’s important to look at some tips that can help you out. This is not an easy bet to win most of the time. But there are some tips or strategies to use that can help you out. 

It’s important to do plenty of research before hitting the “submit” button on a parlay wager.  But there are certain things that you should be looking for. There are certainly some other tips that you can try as well.  But here are four things that you need to keep in mind. 

Find Value Bets

No matter what type of betting you are doing on the NHL. The most important aspect is to look for value in the odds. This doesn’t mean looking for the biggest underdog on the betting board. But sometimes betting on underdogs does provide some additional value.

Before you lock in any bets, you want to make sure that you have carefully weighed your options in terms of value. It will always be the value bets that are the wagers that you want to include in any NHL parlay. 

Choose Different Betting Types

Another important tip to remember when creating an NHL parlay is to choose different betting types to include. This will give you more opportunities to create the perfect parlay, and it can also make the potential return greater.

Picking NHL winners on the moneyline is great, but you can get better odds.  By exploring the puck line and the over/under as well. Sometimes simply picking the winner is the right way to go.  But you at least want to explore the other options as well. 

Check Injury Report

Since hockey is a contact sport, there are injuries that occur throughout the season. One of the first things that you should look for when doing NHL research is to check out the injury report for each team.

Reporting injuries in the NHL does not work like it does in other sports.  And players also attempt to play through most injuries. Even though this information might not be that easy to find, it’s important that you do your due diligence. 

Limit Number of Legs

There is a temptation to see how big of a parlay wager that you can hit.  But you have to understand that this isn’t a very sound betting strategy. Seeing the potential payout go up can be quite the rush, but you are also making this bet much harder on yourself. 

If you are going to make a successful NHL parlay wager. Then I suggest keeping it between 3-5 legs on your final wager. This will still produce a sizable payout, and it still gives you a decent chance to hit the wager. 

NHL Hockey Players

It’s always more important to hit a small parlay than to lose a large one with a huge potential payout. We hope you have enjoyed learning some of our Tips on How to Bet an NHL Parlay.

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