The bets you will actually place
Moneyline is the straight pick of who wins, including overtime and the shootout at most books. Because hockey games are close, favourites are priced far shorter than the win probability feels, and underdogs pay better here than in basketball.
The puck line is hockey’s spread, and it is almost always set at 1.5 goals. Backing a favourite at minus 1.5 means they need a two-goal win. This is where empty-net goals matter: a late empty-netter turns a one-goal win into a two-goal cover, and it happens often enough to move the price.
Totals sit around 6 or 6.5 goals in most games. Live totals move fast, because one goal is a large fraction of the number.
What moves an NHL line
Goalie confirmation is the biggest single factor. Lines are posted before starters are announced, and a backup start can move a moneyline by 20 to 30 cents. If you bet early, you are betting without that information.
Back-to-backs and travel matter more in hockey than in football because of the schedule density. Teams playing a second night in two, especially after a flight across time zones, underperform their season numbers.
Special teams matter, but they are already priced. Power play and penalty kill percentages are public and stable, so they are baked into the number long before you see it.
Where to bet it
Every book in this review set covers the NHL. The real difference is whether you can watch. bet365 and Betway both confirm live streaming, which is worth something if you are betting in-play. PlayNow is the only legal option in BC, Manitoba and Saskatchewan, and it covers the NHL fully.