The NHL Season dropped the puck for its 2009-10 season just a few days ago. The excitement of the football season almost over-shadowed the start of hockey season — but not for serious sports investors! Although the NHL isn’t the most popular sport, many sports investors are excited to have the NHL season start. The NHL offers many profit opportunities — with many teams playing many games. And, SportsInsights is pleased that the method we highlighted the past few seasons continues to perform well. The information on this site is for entertainment and educational purposes only. Use of this information in violation of any federal, state, or local laws is prohibited.
The research for this article is based on the four seasons since the 2004-05 NHL Season (the year lost to the strike). The NHL instituted some major rules after the strike. Most notable for hockey fans and bettors: overtime and the “shootout” have eliminated “ties.” This led to the elimination of the 0.5 goal spreads and made the NHL more of a “pure moneyline” sport like baseball. The NHL data includes:
Betting System Ideas
Over the years, SportsInsights has shown that “Betting Against the Public” can help give you an edge. It is interesting that in the case of the NHL, SportsInsights’ researchers have shown that a filter that helps “fading the public” results — is to take a narrower range of odds. Please visit our recap of academic studies on sports betting on the NHL and other sports as well as on football. Below are some other thoughts on betting system development. SportsInsights’ team of analysts and researchers use these methods and more to bring our Members valuable sports handicapping information.
Thoughts on the NHL
Betting Against the Public — NHL
“Betting Against the Public” is a contrarian approach that can help investors identify “value.” As in previous years, we limit the “betting against the public” to relatively close games — that is, games that have an opening line in the range of + or -140 on the home team. We show the units won as well as a “return on investment” type of number for a range of “betting percentages.”
Table 1: NHL and Betting Against the Public (-140 to +140 Range) (2005-2009, Four seasons)
|Betting %||Units W/L||ROI||Win %||Num Games|
Summary and Notes About the NHL “Bet Against” Results
SportsInsights has collected betting data for every major U.S. sport since the 2003. We collect the opening and closing lines (and “line movement,” for various sportsbooks) as well as final scores — and perhaps most importantly, SIs’ proprietary “betting percentages,” Over the years, SI has put together software and systems that minimize downtime and collect data more regularly and cleanly.
Our research team also “cleans” our data with various techniques “by hand” to ensure our historical data is useful for our research articles and our Members. SIs’ historical database for each sport is an important part of our research and value-added for our Members. It is the backbone for our contrarian sports investing methods and you can’t find this kind of data and information anywhere else!
We hope you will use this and other SportsInsights tools to help you invest in the sports marketplace. Our Premium and Premium Pro Members can access even more tools to make the upcoming NHL, NBA, and College Basketball Seasons — as well as current NFL and College Football Seasons — “profitable Sports Investing campaigns.”
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We do not guarantee that the trends and biases we’ve found will continue to exist. It is impossible to predict the future. Any serious academic research in the field of “market efficiencies” recognizes that inefficiencies may disappear over time. Once inefficiencies are discovered, it is only a matter of time before the market corrects itself. We do not guarantee our data is error-free. However, we’ve tried our best to make sure every score and percentage is correct.
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