NHL Betting: Bet On a Team That Lost Two In a Row
Of all the major sports, the one that is handicapped the least is the National Hockey League. There are far fewer serious bettors for the NHL than for any other sport, including MMA and NASCAR. As a result, NHL lines are often put up as an afterthought and the oddsmakers concentrate on the basics more than they do in the other sports, knowing that many wagers will be placed by fans, as opposed to those out to make money.
Because the average public bettor spends just a few minutes in choosing which games to bet on, the lines are often tilted in favor of those teams which haven’t been playing that well recently. Since the start of the 2011-12 season, bettors who wagered $100 on each NHL team that had lost its last two games would be up $6,382 with a 584-554 record. The average price on these teams was slightly more than +105.
Favorites were 276-176, which is slightly better than 61%, and had an average price of -140.7, which would have yielded a profit of $3,570, while underdogs were 305-378, but still turned a profit of $2512. It should be noted that home underdogs performed much better than away dogs, as they were 103-106 for a profit of $2,191, while road underdogs were 202-272 and yielded a profit of just $321.
Likewise, home favorites performed much better, going 218-130 for a profit of $3,684, while road favorites showed a small flat-bet loss. If you changed the criteria to betting only home teams that have lost their last two games you would show a 323-236 (57.7%) record with an average price of -119, which would have resulted in a profit of $6075. The ROI would be a solid 8.4%.
On Tuesday, the Montreal Canadians will be out to break a two-game losing skid when they host the St. Louis Blues. The early line has St. Louis as a -115 favorite, making the Canadians worth a definite look.
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