Ice Hockey Betting: How to Bet on the NHL with Bitcoin
Ice hockey is one of the most popular sports for bettors around the globe. Read on to learn about ice hockey betting and how to bet on the NHL with cryptocurrency.
Table of Contents
- What is Ice Hockey?
- What is the NHL?
- How Does the NHL Work?
- NHL Ice Hockey Betting Tips
- How to Bet on the NHL with Bitcoin
What is Ice Hockey?
Ice hockey is a winter sport played between two teams with six players each competing on an ice rink. The game’s objective is to hit the puck (a vulcanized rubber disk) into a goal.
The sport has more than one million registered players and is loved for its speed and frequent physical contact. It is also an Olympic sport that is most popular in Canada.
The game’s rules are mostly borrowed from field hockey with its first public indoor game held in the year 1875. The National Hockey League (NHL) is the top professional ice hockey league globally with several teams from the US and Canada.
Other popular ice hockey championships include the following:
- The Olympic Games
- World Championships
- IIHF World’s Women Championships
- IIHF World U20 Championship
- IIHF World U18 Championship
- Euro Ice Hockey Challenge
- IIHF Challenge Cup of Asia
What is the NHL?
The National Hockey League (NHL) is an association of professional ice hockey teams. It was created in 1917. The organization started with four teams from Canada before the US-based Boston Bruins came on board in 1924.
Today, the NHL is comprised of 32 teams in four divisions and two conferences. The teams are as follows:
Eastern Conference
Metropolitan Division: This division comprises Columbus Blue Jackets, New York Islanders, Carolina Hurricanes, New Jersey Devils, Washington Capitals, Philadelphia Flyers, New York Rangers, and Pittsburgh Penguins.
Atlantic Division: Teams in this division include Tampa Bay Lightning, Boston Bruins, Montreal Canadiens, Detroit Red Wings, Buffalo Sabres, Toronto Maple Leafs, Ottawa Senators, and Florida Panthers.
Western Conference
Pacific Division: The division includes Vegas Golden Knights, San Jose Sharks, Anaheim Ducks, Edmonton Oilers, Vancouver Canucks, Calgary Flames, Seattle Kraken, and Los Angeles Kings.
Central Division: Nashville Predators, Colorado Avalanche, Winnipeg Jets, Dallas Stars, Chicago Blackhawks, Minnesota Wild, St. Louis Blue, and Arizona Coyotes.
The NHL is managed by a board of governors comprised of one member from each hockey team in the league. The board is in charge of the review and approval of ice hockey rules, the hire and dismissal of commissioners, and the sale, purchase, or relocation of any member clubs.
How Does the NHL Work?
The NHL is divided into three seasons: the pre-season, regular season, and Stanley Cup playoffs. The pre-season has exhibition games where teams play several friendly matches ahead of the regular season. The regular season then runs from October to April with every team participating in 82 games that determine where they will stand in the league.
Out of the 82 games, 41 are played at home while the other half is played away. The first five games are usually played with teams in the same division. Another three or four games are played against teams in a different division but in the same conference. Division winners get to play against teams in the opposing conference.
Let’s take the Philadelphia Flyers, for instance. The team will play four to five games against teams in their division, then play three times with teams in the Atlantic division, and lastly with teams in the western conference.
When the regular season ends, the points are summed up to determine which team is first or second in its division. Then, the top three division champions get to participate in the playoffs.
Once they get into the playoffs, the teams are divided into four divisional brackets. The best three teams take their positions based on the points each has and then the fourth spot is given to the best ‘wild card’. The ‘wild card’ is a team that qualifies for the NHL playoffs by its record in total points, despite failing to qualify within its division.
The qualified teams will then play for the divisional finals in the best of seven series games. After this, the divisional finals winners face off against each other. The winner of the conference battle then goes on a faceoff with the winner of the other conference.
The winners in each conference play against each other in the best of seven series to determine who the winner of the Stanley Cup Final is. This means there’s a lot of juice and fun for NHL betting until the league ends.
NHL Ice Hockey Betting Tips
Ice hockey is a popular winter sport that has garnered millions of fans worldwide and a huge betting community. Here are some ice hockey betting tips we have gathered to help you make better NHL Moneyline betting decisions.
- Check how good the goaltender is: The goaltender is the most important player in the ice hockey arena. His agility, strength, and fast reflexes make him a valuable player. If the goaltender is injured and can’t play, it can affect the game's outcome.
- Do pre-season research: Pre-season is the weeks before the NHL season starts. This is when teams will be having friendly matches while also training hard. It is the best time to find out which teams are stronger than others.
- Examine head-to-head matchups: Check how the teams performed in their previous head-to-head games. You should know which team won the most in the last six matches. Has one gained an advantage since the last meet-up? Such details can help you make smarter bets.
- Checkout for the upset: Since the NHL has a high rate of injuries, it is uncommon to see a team have its best players play throughout the season. When the main players are out, the teams could be vulnerable.
How to Bet on the NHL with Bitcoin
Betting with Bitcoin on 1xBit is a very simple and clear process. Here’s how it works.
Register an account with 1xBit
Open 1xBit.com and click on the green register button at the top left end of your screen. Type in your email address and a password to register. The platform will provide you with an account number which you’ll be using to log into your account.
Once you have an account, deposit Bitcoin or any other cryptocurrency to your 1xBit account. The platform accepts more than 30 cryptocurrencies!
Select an ice hockey game
Press the “Sports” tab at the top left side of your screen to select ice hockey from the drop-down list. A list of NHL games will appear at the center of your screen. Carefully choose your odds from the list before placing a wager.
Place your bet
After choosing your odds, go to the right side of your screen to insert the amount of your wager, then click on “Place A Bet” to confirm it.
1xBit allows you to place either single or multiple bets as well as in-play bets as the games are played in real time. All winnings are deposited to your 1xBit account as soon as the game ends. You can, thereafter, withdraw the funds in the cryptocurrency of your choice.
Click here to start betting on ice hockey with crypto on 1xBit.