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Sports betting winning percentages nhl federal election betting betfair blog

Sports betting winning percentages nhl

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From a betting perspective, simply backing the home team from on would have resulted in a bettor losing a large portion of their bankroll because the odds offered, on average, were greater than the 55 percent win rate that home teams enjoyed. However, if we convert game odds from this season to implied probability, we can see that the mean implied win rate of the home team is less than 52 percent to date.

Doing nothing more than just betting against the road team every game this season would have resulted in an impressive return on investment since the actual win rate of home teams is much greater than that. The same bettor who would have lost nearly half his bankroll blindly betting home teams in seasons prior would have dug himself nearly halfway out of that hole using the same simple strategy this season.

This suggests that the impact of home ice is being greatly underestimated by bettors. For example, back in the season, home teams were winning at a 61 percent clip through the first games. However, most of the profits gained would have come early in the season when home teams were winning at an even higher rate through the first games.

Any edge that a bettor might have had blindly betting home teams quickly diminished. This would suggest that those in the betting market were fairly quick to react and adjust their handicapping accordingly. In the following games, the ice tilted toward the away side, and the home team only managed to win about 52 percent of those games. It might be best to forget the bubble. After all, teams were on equal footing. There was no travel, nor were there very many situations where a team had an advantage over their opponent due to rest.

Those are factors here. Luck is also a big one. Bettors should continue to monitor the effects of home ice in different situations and make adjustments to their handicapping as need be. Read Next. Islanders lose to Flyers in overtime again. View author archive Get author RSS feed. Name required. Email required. Comment required. The Streak section is great and focuses on the current form of each team.

An example of W-7 would mean the team is on a winning streak of seven games while L-2 stands for back-to-back losses. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NHL bets. Before you break down the percentages from the sportsbooks, you should understand the betting lines.

A number is followed and the higher the number, the more likely for that favorite to win and also more likely for the underdog not to win. The Opening Line is the initial number that the oddsmakers at sportsbooks send out for bettors to wager on while the Current Line shows the active betting lines for that matchup. Our NHL Matchups page show the total amount of money wagered on a game. This section is broken down into three columns:. The Over is always listed on top of the Under in the last column.

The Puck column normally received great two-way action, except when the favorite is too heavy to back on the money-line price. The NHL Matchup page is not only great for the current action on the ice but also the previous days. Bettors can scroll through every matchup and see historical betting results, line movement and betting trends. CO Gambling problem? Call Indiana Self-Restriction Program. NJ Bet with your head, not over it!