Understanding two-way and three-way lines in NHL betting

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In NHL betting, a two-way line offers just two possible outcomes: either Team A or Team B wins. This bet includes regulation time, overtime, and shootouts. If your team wins by any method, you win the bet.

It’s a popular choice for beginners learning how to bet on hockey, thanks to its simplicity. Since extra time is part of the result, the odds are usually lower for favourites, making the bet safer but with smaller returns.

How three-way lines work

A three-way line introduces a third option: the game ending in a draw after regulation. This bet covers only the 60 minutes of regulation time. You can choose the home team to win in regulation, the away team to win in regulation, or a tie.

If the game goes into overtime or a shootout, and you didn’t bet on the draw, the wager loses. While these bets carry more risk, they often offer better payouts. This format is common in European sportsbooks and is gaining traction in NHL betting Canada.

When to choose each line

Two-way lines are ideal when backing teams with strong overtime records, such as Edmonton. With overtime and shootouts included, it provides some protection if the game is close. A three-way line makes more sense in tightly contested matchups where a draw after three periods is likely.

If Vegas is controlling the pace with a defensive game plan, a tie becomes a strong possibility. Understanding hockey odds explained in this context helps identify when each option offers the best value.

Which line gives a better value

Three-way lines can deliver higher returns, especially in games expected to stay close. Predicting the regulation outcome correctly can lead to better payouts. However, this requires solid insight into team form, past matchups, and playing styles. Two-way bets are more forgiving and often better suited for safer plays, especially when placing bets on home favourites.

Use stats to support your picks

To make smart betting decisions, look at scoring trends, team defence, and goalie performance. Games featuring strong defensive teams or consistent goaltending often lean toward regulation draws. Reviewing past stats and understanding how to bet on hockey effectively will improve your chances of picking the right line.