Betting odds explanation point spread

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With moneyline bets, you’re wagering on what side wins. The most popular way to bet on the NHL is moneyline betting. Keep tools like our NHL consensus and computer picks close at hand - they contain vital handicapping data and give you a leg up on the competition. There are multiple ways to bet on NHL hockey action - from straight-up moneyline betting to betting on the total number of goals scored, the puckline, and so much more, we'll take you through it. The -1.5 spread is always accompanied by traditional NHL odds, like our magic -110 number, indicating the value of the puckline. Negative values such as -1.5 indicate that a team is favored by 1.5 goals, while positive values like +1.5 indicate that the team is the underdog by 1.5 goals. In hockey, numbers like -1.5 affect that puck line we just mentioned - it means a team has to win by two or more goals to win the wager, much like a runline in baseball or a spread in the NFL.

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An NHL bettor must lay $110 to win $100 when wagering on pucklines, for example, which are game-specific lines set by oddsmakers with hopes of getting equal action on both sides. 110 is often referred to as the 'magic number' of sports betting - it defines the amount required to earn $100 on either side of a wager and appears frequently on popular options.

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