BetMGM: NHL Odds, Predictions: 2 Betting Systems for 2023-24 Season

Check out these two NHL betting systems that have proved profitable

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With the regular season in full swing, NHL odds are regularly available for avid hockey bettors. 

Although hockey can sometimes prove a fickle sport to bettors, I’ve identified two systems that have proved profitable historically. 

While these systems are intrinsically correlated, they both have positive return on investments. 

NHL Betting System No. 1: NHL Teams ML Off SU Loss as Favorite (Games 2-41)

This system remains profitable if you eliminate the games qualifier but is more profitable in the first half. 

For a bigger return on investment, I sampled NHL teams who lost by at least two goals in the previous game to account for either a blowout or an empty-net goal. 

Either way, teams off a straight-up loss as a favorite are 799-507-0 (61.2%) in the subsequent game, assuming they’re a favorite, in games two through 41. 

Over that span, a $100 bettor would finish up $3,059 for a 2.3% return on investment. 

Remove the games qualifier, and bettors will find such teams are still 1549-981-0 (61.2%). Over that span, a $100 bettor would finish up $4,155 for a 1.6% return on investment. 

NHL Betting System No. 2: NHL Teams ATS Off SU Loss as Favorite (Games 2-41)

This takes the above system a step further and examines how teams perform against the spread off a straight-up loss as a favorite. 

Again, the system remains profitable if you eliminate the games qualifier. However, it works better in the first half. 

Although teams are only 37% against the spread in this spot, a $100 bettor would finish up $6,626 for a 5.2% return on investment. 

The reason? This system takes into account short moneyline favorites that also cover the puck-line. 

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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.