NHL Betting Systems: 2 Betting Strategies for 2024 Season

min read
NHL Odds, Predictions: 2 Betting Systems for 2023-24 Season
(Gene J. Puskar/AP Photo)
Nick Hennion @nickhennion Oct 16, 2024, 12:35 PM
  • Based on historical data, bettors should back conference home teams off a bad loss.
  • A scenario that predicts home favorites are worth a bet in non-conference games.

The 2024 season is officially underway, and NHL odds are regularly available for avid hockey bettors.ย 

Although hockey can sometimes prove a fickle sport to bettors, Iโ€™ve identified two NHL betting systems that have proved historically profitable.ย 

NHL Predictions: Betting System No. 1 Picks

Based on the below criterion, theย Colorado Avalanche (-130) are predicted to win on Oct. 16 against the Boston Bruins.

This first NHL betting system looks at home favorites priced between -200 and -110 playing non-conference games in either the regular or postseason.

Here’s the remaining criterion:

  • The team’s win/loss streak is -2, -3 or -4 games
  • The team made the postseason last year

When those criterion are met, such home favorites are 237-119 (66.6%) since the 2006 season.

NHL Predictions: Betting System No. 2 Picks

Based on the below criterion, there are currentlyย no predictions for the second NHL betting system.

This second system looks for home teams in games 9-61 against a conference opponent.

Here are the remaining criterion:

  • The opponent’s previous game margin is between +1 and +7
  • The team’s previous game margin is between -8 and -3
  • The previous game the team closed a market favorite

Under those criterion, home teams are 168-156 ATS (51.9%) for a 24.5% return on investment, including 50-15 when that team flips from a favorite to an underdog.

Just since the 2018 NHL season, those home teams are 63-48 ATS (56.8%), including 15-4 ATS when they close as an underdog.

NHL Betting at BetMGM

Hockey betting never sleeps at BetMGM.

From offseason futures like Stanley Cup odds to in-season betting on puck lines, over/under totals, player props, and more, there are always hockey betting opportunities.

With BetMGM’s easy-to-navigate online sportsbook, you can check out New Jersey Devils odds and Columbus Blue Jackets odds from a computer or streaming a Philadelphia Flyers-Pittsburgh game on your phone.

If you don’t have an account, sign up for the sportsbook welcome promo, one of many sportsbook offers at BetMGM.

jamie-foxx-latest-promo-9-24
About the Author

Nick Hennion

Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.