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NHL Moneyline Betting: How Hockey Moneylines, Odds and Overtime Work

Picking the winner sounds like the easy bet. In hockey it carries a twist most guides skip: overtime and the shootout decide about one game in four, and they settle the standard line but not the three-way one. Here is how the moneyline works, what the prices really say, and what 2025-26 results show about home ice, rest and late leads.

Data updated October 12, 2026 at 10:50 AM ETBy the HockeyBetting.us desk

Moneyline win data by team.

Every team's 2025-26 regular-season win rate, split by home, road and the second night of a back-to-back, with the share of its games that went past regulation. Click a column to sort.

52.2%of games won by the home team

24.9%tied after 60 minutes

86.0%of leads after two periods held

45.8%win rate on the second night of a back-to-back

Team	Win rate	Home	Road	Back-to-back	Past regulation
Colorado Avalanche	67.1%55 of 82	63.4%26 of 41	70.7%29 of 41	50.0%6 of 12	22.0%
Carolina Hurricanes	64.6%53 of 82	70.7%29 of 41	58.5%24 of 41	46.7%7 of 15	25.6%
Tampa Bay Lightning	61.0%50 of 82	63.4%26 of 41	58.5%24 of 41	46.7%7 of 15	19.5%
Dallas Stars	61.0%50 of 82	63.4%26 of 41	58.5%24 of 41	66.7%8 of 12	29.3%
Buffalo Sabres	61.0%50 of 82	63.4%26 of 41	58.5%24 of 41	69.2%9 of 13	20.7%
Montréal Canadiens	58.5%48 of 82	58.5%24 of 41	58.5%24 of 41	56.3%9 of 16	29.3%
Minnesota Wild	56.1%46 of 82	56.1%23 of 41	56.1%23 of 41	35.7%5 of 14	32.9%
Boston Bruins	54.9%45 of 82	70.7%29 of 41	39.0%16 of 41	61.5%8 of 13	26.8%
Ottawa Senators	53.7%44 of 82	56.1%23 of 41	51.2%21 of 41	64.3%9 of 14	20.7%
Anaheim Ducks	52.4%43 of 82	58.5%24 of 41	46.3%19 of 41	54.5%6 of 11	28.1%
Utah Mammoth	52.4%43 of 82	53.7%22 of 41	51.2%21 of 41	27.3%3 of 11	19.5%
Washington Capitals	52.4%43 of 82	61.0%25 of 41	43.9%18 of 41	35.7%5 of 14	18.3%
New York Islanders	52.4%43 of 82	53.7%22 of 41	51.2%21 of 41	56.3%9 of 16	23.2%
Philadelphia Flyers	52.4%43 of 82	48.8%20 of 41	56.1%23 of 41	57.1%8 of 14	34.1%
New Jersey Devils	51.2%42 of 82	51.2%21 of 41	51.2%21 of 41	53.3%8 of 15	19.5%
Edmonton Oilers	50.0%41 of 82	53.7%22 of 41	46.3%19 of 41	30.8%4 of 13	24.4%
Pittsburgh Penguins	50.0%41 of 82	48.8%20 of 41	51.2%21 of 41	43.8%7 of 16	28.0%
Detroit Red Wings	50.0%41 of 82	51.2%21 of 41	48.8%20 of 41	23.1%3 of 13	25.6%
Florida Panthers	48.8%40 of 82	56.1%23 of 41	41.5%17 of 41	30.8%4 of 13	14.6%
Columbus Blue Jackets	48.8%40 of 82	48.8%20 of 41	48.8%20 of 41	56.3%9 of 16	29.3%
Vegas Golden Knights	47.6%39 of 82	48.8%20 of 41	46.3%19 of 41	66.7%8 of 12	31.7%
San Jose Sharks	47.6%39 of 82	51.2%21 of 41	43.9%18 of 41	37.5%6 of 16	24.4%
Nashville Predators	46.3%38 of 82	51.2%21 of 41	41.5%17 of 41	30.8%4 of 13	24.4%
St. Louis Blues	45.1%37 of 82	48.8%20 of 41	41.5%17 of 41	61.5%8 of 13	19.5%
Winnipeg Jets	42.7%35 of 82	46.3%19 of 41	39.0%16 of 41	66.7%6 of 9	23.2%
Los Angeles Kings	42.7%35 of 82	36.6%15 of 41	48.8%20 of 41	31.3%5 of 16	40.2%
New York Rangers	41.5%34 of 82	34.2%14 of 41	48.8%20 of 41	15.4%2 of 13	21.9%
Seattle Kraken	41.5%34 of 82	46.3%19 of 41	36.6%15 of 41	38.5%5 of 13	23.2%
Calgary Flames	41.5%34 of 82	56.1%23 of 41	26.8%11 of 41	44.4%4 of 9	19.5%
Toronto Maple Leafs	39.0%32 of 82	43.9%18 of 41	34.2%14 of 41	40.0%6 of 15	28.0%
Chicago Blackhawks	35.4%29 of 82	34.2%14 of 41	36.6%15 of 41	33.3%4 of 12	25.6%
Vancouver Canucks	30.5%25 of 82	21.9%9 of 41	39.0%16 of 41	38.5%5 of 13	22.0%

Win rate includes overtime and shootout wins, the way a two-way moneyline settles. “Past regulation” is the share of the team's games that went to overtime or a shootout.Methodology →

How a hockey moneyline works

You pick a team to win. That is the whole bet. The favorite carries a minus number, the underdog a plus number, and the gap between them tells you how strongly the market rates one side over the other.

The detail that matters in hockey is what “win” means. On the standard two-way line, the game is graded on its final result, so overtime and the shootout count. A team that blows a two-goal lead, ties it with a second left and then wins the shootout still pays its backers. Since the NHL moved to 3-on-3 overtime in 2015-16, extra time has become a small game of its own, fast and random, and it decides a meaningful slice of every season: 24.9% of 2025-26 games were level after 60 minutes.

Most US sportsbooks list the two-way NHL moneyline as the default and tuck the three-way version into an “alternate” or “regulation” tab. Read the market name before you click, because the two settle differently on exactly those games.

Reading -150 and +130 as probabilities

Every American price converts to an implied probability. For a minus price, divide the number by itself plus 100. For a plus price, divide 100 by the number plus 100. So a -150 favorite implies 60.0% and a +130 underdog implies 43.5%.

Add the two and you get 103.5%. The amount above 100% is the margin the sportsbook keeps, often called the vig or juice. To see what the market really believes, scale both sides down until they sum to 100%: the favorite becomes 58.0% and the underdog 42.0%. That no-vig number is the one to hold up against your own estimate. If you think the underdog wins 46% of the time, +130 looks interesting. If you think 40%, it does not, however tempting the payout reads.

The odds converter does this in one step for any pair of prices.

What the win data says about NHL moneylines

The board above is a reminder of how compressed hockey is. Colorado Avalanche topped the league at 67.1% of games won, and Vancouver Canucks sat at the bottom with 30.5%. In football or basketball the best team can win four games in five. In the NHL, even the best side loses roughly a third of the time, which is why heavy favorites priced past -250 are rare outside lopsided matchups.

Home ice shows up, but modestly. Home teams won 52.2% of 2025-26 games. The split is uneven across teams: Boston Bruins won 70.7% at home against 39.0% on the road, the widest gap in the league. A gap that size over 41 games each way is partly noise, so treat it as a question to look into rather than a rule.

52.2%home win rate, 2025-26

45.8%wins on a back-to-back

14.0%comebacks after trailing through two

Two-way and three-way moneylines

The three-way line splits the game into three outcomes after 60 minutes: home, away or tie. Because the tie takes a share of the probability, both team prices get longer than on the two-way line. A favorite at -150 on the two-way might sit near +105 three-way, and the tie usually lands somewhere around +300 to +350.

Our numbers give a baseline for that tie price. With 24.9% of 2025-26 games level after regulation, a fair price before margin is about +302. Anything well below that is the book charging a heavy premium for the draw. Games between two defensive teams with strong goalies tie more often than the league rate, and games with a big talent gap tie less.

One honest drawback: three-way markets carry a bigger margin than the two-way line, since the book prices three outcomes instead of two. It is the right tool when you want a team to win in regulation, and a poor one if all you care about is who wins.

Home ice, rest and the goalie

The starting goalie moves an NHL moneyline more than almost any other single piece of news. A backup in net can push a favorite from -170 to -140 within minutes of the confirmation. Check the starting goalies board before you bet, and expect the price to have moved already if the news is out.

Rest matters too. Teams on the second night of a back-to-back won 45.8% of those games in 2025-26, against 51.0% when they had at least a day off. Part of that drop is the goalie, because most teams start the backup in one half of a back-to-back. Then there is travel, which nobody has a clean number for: a team flying from Florida to Calgary for a 9 p.m. ET start is not the same as a team bussing from Philadelphia to New York.

For the bigger picture, the power rankings weigh form against last season, and tonight's slate lays out every game with goalies and rest side by side.

Moneyline or puck line

The two bets ask different questions. The moneyline asks who wins. The puck line asks who wins by two, and in 2025-26 only 56.8% of games ended with that margin. For a favorite, the -1.5 swaps a safer bet at a short price for a riskier one at a better price. For an underdog, +1.5 pays less than the moneyline but also wins on every one-goal loss.

Neither one is better in general. The useful habit is to convert both prices to probabilities and ask which one is further from what you believe. Teams that play a lot of tight, low-scoring games tend to be better value on the moneyline than at -1.5, simply because so many of their wins come by one goal or after regulation.

Favorite in a likely tight game: moneyline over -1.5.
Underdog with a strong goalie: +1.5 or the moneyline, compared on implied probability.
You expect a regulation result: three-way line, accepting the larger margin.

The overtime rule runs under all of it. Our overtime and shootout guide covers how each market treats extra time, and the shootout in particular, which awards the winner a single goal no matter how many rounds it takes.

Questions & answers

Questions,
answered.

Short answers to the questions readers ask most.

Does the NHL moneyline include overtime and the shootout?

Yes. The standard two-way moneyline is settled on the final result, so a win in 3-on-3 overtime or in the shootout counts exactly like a win in regulation. Only the three-way or 60-minute line stops at the end of the third period. In 2025-26, 24.9% of games were tied after 60 minutes, which is how often the extra time decided a two-way bet.

What does -150 mean on a hockey moneyline?

It means you risk $150 to win $100, and you get your stake back on top if the bet wins. Converted to probability, -150 implies 60.0%. A plus number works the other way: +130 pays $130 profit on a $100 stake and implies 43.5%. The two together add up to more than 100%, and that extra is the sportsbook margin.

What is a three-way moneyline in hockey?

A three-way line, often called the 60-minute or regulation line, offers home win, away win and tie. Only the first 60 minutes count. If the game is level after the third period, the tie wins and both team sides lose, even if one of them scores in overtime. Last season 24.9% of games were tied after regulation, which works out to a fair price near +302 before any margin.

How do I work out the payout on an underdog?

For a plus price, divide the odds by 100 and multiply by your stake: $40 at +150 returns $60 profit plus the $40 stake. For a minus price, divide 100 by the odds: $40 at -150 returns about $26.67 profit. The odds converter does both and also shows the implied probability, which is the number to compare with your own estimate.

Why do home teams usually get the shorter price?

Home teams win a little more often. In 2025-26, the home side won 52.2% of regular-season games, including overtime and shootouts. The home team also gets the last line change, so its coach can choose matchups after every stoppage. The edge is real but small, and sportsbooks build it into the opening line.

Can I parlay NHL moneylines?

Yes, and many bettors do, but each leg multiplies the margin as well as the payout. Two legs at -150 imply 60% each, so both win together only about 36% of the time if the games are independent. Run any combination through the parlay calculator before placing it, and check how many favorites you are really stacking.