Ice hockey is worshipped in Canada and there are swathes of fans who like enjoy hockey betting at renowned operators. NHL betting, in general, is huge, so if you want to find out more about hockey betting in Canada, then you have arrived at the right place. Our in-depth guide will give you the tools for choosing suitable markets to wager on and we will of course run through the best operators for placing bets on this sport and the top sign-up bonuses.
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The Best Hockey Sportsbooks List
- PowBet – Overall best hockey betting sportsbook for 2022
- STS – Leading hockey betting in Canada operator for odds boosts
- Bodog – Superb hockey betting site for Stanley Cup prop bets
- Leon bet – Great hockey betting site for live streaming NHL and European coverage
- N1 bet – One of the top hockey betting sites for bonuses
- Betstorm – Among the best hockey betting sites for the latest news and tips
- Tebwin – Reliable hockey site for prop bets
- Cazimba – Secure site for betting on hockey
- Shangri-La: Stacked with plenty of NHL betting options
- BetVictor – Great mobile betting app for NHL
- Sports Interaction – Slick site for placing NHL bets
Best Hockey Betting Sites Reviewed
The time has come to scrutinize the top 5 operators for hockey betting. These sites are also widely considered to be the best Canada sportsbooks and we have judged them on a wide variety of criteria, such as bonuses, quality of their mobile apps as well as their hockey betting lines and odds:
1. PowBet – Overall best hockey betting sportsbook for 2022
Although PowBet is one of the newer operators on the scene for hockey betting in Canada, it merits its place at the top of our list. PowBet – which holds a license from Curacao – offers excellent NHL betting lines, a wide range of bonuses, and weekly account challenges that make it more fun to bet online. Further, Powbet ranks as one of Canada’s best football betting sites. When perusing the sports betting section, bettors will find various sports to wager on, from virtual sports to horse racing, motorsports, the NFL, CFL, and soccer.
At PowBet, new members can sign up and boost their bankroll with a welcome bonus that comprises a 100% matched deposit bonus offer, of up to $150. If that wasn’t enough, PowBet also offers some of the best reload bonuses for NHL betting, including reload bonuses, cashback offers, and a chance at a sports betting jackpot worth over $20,000. Oh, and there is a pretty good VIP programme to speak of too which will be great for high rollers, and if you are in a rush, you can expect fast payments too.
Unlike most sports betting sites, PowBet accepts several cryptocurrency payment options, including Bitcoin, Ethereum, Litecoin, and Ripple, making it one of the best NHL sportsbooks for cryptocurrency betting.
- Reload bonuses available
- Solid mobile betting platform
- Accepts most major cryptocurrencies
- VIP programme available to high rollers
- No live streaming available at PowBet
2. STS – Leading hockey betting in Canada operator for odds boosts
STS has become renowned for being one of the leading hockey betting sites in Canada and it came in second spot on our list. Aside from a wealth of sports available in the lobby, it does justice with its coverage of NHL. Here, you will find tons of odds for all the biggest games and there will be markets for the Moneyline as well as other handicap markets, and you can bet in-play.
The site has a dedicated blog which will contain match reports as well as provide a useful guide for how to place wagers on certain markets. On the payments side, aside from being able to make deposits with a debit card, you will find a whole host of other leading e-wallet providers, such as ecoPayz, MuchBetter and Neteller.
There are many sports you can bet on at STS and it is one of the best destinations for cycling betting and is among the best WWE sportsbooks.
If you join today, you will be able to claim 3 x$10 free bets as a reward. You will need to enter the STS promo code SBWB30 before you make your first deposit and you will need to wager with minimum odds of 1.5.
- Good live betting options
- User-friendly site
- Generous welcome bonus for new players
- Competitive odds advertised
- Could have more NHL or sports-based offers
3. Bodog – Superb hockey betting site for Stanley Cup prop bets
Bodog is one of the most established hockey betting operators in Canada, and with over 25 years of experience in the sports betting field, they are probably one of the most trusted too.
When it comes to sports betting, NHL fans come to Bodog to cash in on some of the best odds and props betting options in the industry. Bodog make look rather simplistic, but its easy-to-use design makes it easy to navigate through a long list of NHL betting markets. They offer many different sports and are one of the best eSports betting sportsbooks as well as one of the best golf betting sites.
Bodog also offers must-have features that separate it from other top sportsbooks, including PropsBuilder and #NameYourPlay, which lets members request odds for custom betting markets.
Oh, and the welcome bonus is worth talking about. New members can sign up to Bodog to take advantage of a 100% matched deposit bonus worth up to $400, plus 50 free spins which is worth tapping into if you like to play the latest casino games.
- Brilliant mobile betting platform for iOS and Android users
- Decent welcome bonus for new players
- Excellent variety of NHL betting lines
- Odds boosts available
- Don’t have long to activate the offer
4. Leon bet – One of the best hockey betting sites for live streaming
Leon bet is one of the smartest sites from a design point of view for hockey betting, and we think you will love playing here. Perhaps one of the best sites for live streaming, you will be able to catch all the latest NHL action, so you will be able to see every goal scored and it is easy to navigate around.
One thing that is handy about Leon bet and helps it rank well alongside its competitors, is the notifications center. If you turn on your notifications, you will receive all the latest special offers, personalized bonuses as well as relevant updates, so that you are kept in the loop.
And if you are after a great promotion, then Leon bet has that too. You can get up to $230 worth of free bets and you will need to deposit a minimum of $6 and each free bet is worth $13.
- Very secure site using the latest SSL measures
- Notifications center informing you of latest offers
- Live streaming service
- One of the best apps around for a sportsbook
- Could have more customer support options
5. N1 bet – One of the top hockey betting sites for bonuses
N1 is already making a splash across the world, but as far as hockey betting in Canada goes, N1 bet is also perhaps one of the most modern sites we have encountered. With its black background, N1 bet is one of the sharpest looking and you won’t struggle to find markets of your choice here.
There is a handy statistics center that will feed in all the latest action on the ice, so that you are kept up-to-date and there are always plenty of betting lines for the NHL during the regular season and the playoffs, whether it be for the Moneyline or other prop bets.
However, the main selling point of the site, where you can get a 10% risk free bet up to $200 and once you have made more deposits, then you can access more free bets, so it is worth your time playing at N1 bet.
- Cash Out function on site
- Delivers good customer support as there is a live chat facility
- Good welcome bonus
- Live betting
- No live stream at N1 bet
Top Hockey Sportsbooks Comparison
The best hockey betting operators will deliver across many areas, so let’s compare the top 10 hockey betting sportsbooks in our list and show the bonuses as well as whether live betting or live streaming is available in this carefully crafted table:
| Betting Site | Bonus | Promo Code | Live Betting (Y/N) | Live Streaming (Y/N) | Accepted payment methods |
| PowBet | 100% deposit bonus up to $500 | No code required | Yes | No | Bitcoin, Cash to Code, ecoPayz, Ethereum, AstroPay, Interac, MasterCard, Visa, MuchBetter, Neosurf, Ripple |
| STS | 3 x$10 free bets | SBWB30 | Yes | No | Debit cards, ecoPayz, MuchBetter, Neteller, PayPal, Skrill |
| Bodog | 100% matched deposit bonus worth up to $400, plus 50 free spins | No code required | Yes | No | Debit cards, Bitcoin |
| Leon bet | Up to $230 worth of free bets | No code required | Yes | Yes | Visa, MasterCard |
| N1 bet | 10% risk free bet up to $200 | No code required | Yes | No | Visa, MasterCard, Skrill, Neteller, PaySafeCard, Sofort, ecoPayz, Neteller, Neosurf |
| Betstorm | Bet $10 and Get a $10 Free Bet | No code required | Yes | No | Visa, PayPal, Trustly, ecoPayz, MuchBetter, PaySafeCard |
| Tebwin | Bet $10 Get $30 in Free Bets | No code required | Yes | No | Visa, PayPal, ecoPayz, Trustly, MuchBetter, PaySafeCard |
| Cazimba | 100% matched deposit up to $100 | No code required | Yes | No | Maestro, Visa, Mastercard, MuchBetter, Neteller, PaySafeCard, ecoPayz, Bitcoin, Litecoin, Ethereum |
| Shangri-La | 100% deposit bonus up to $100 | No code required | Yes | No | Visa, MasterCard, ecoPayz, Neteller, Skrill, MuchBetter, Bitcoin, Ethereum, Litecoin, Ripple, Cash to Code, bank transfer |
| BetVictor | Free bet up to $300 | No code required | Yes | No | Debit card, Credit card, PayPal, Neteller, Skrill, PaySafeCard |
| Sports Interaction | 100% deposit bonus up to $100 | No code required | Yes | Yes | MasterCard, Visa, PaySafeCard, ecoPayz, MuchBetter, echeck |
Hockey Betting Explained
The NHL is one of the biggest sports leagues in the world, so this is ideal for sports betting enthusiasts. With a long league season and multiple games on most nights of the week, there is plenty to keep bettors entertained.
At the best hockey betting sites, you will find plenty of lines and markets to wager on. So, usually you will find 10+ games on the slate which will be great for those looking to find value with online hockey betting odds.
Hockey Betting Odds & Lines
Arguably one of the most important things in terms of finding a good site for hockey betting, is to assess the quality of the odds available. You should always aim to get the best value NHL betting odds, as these will affect the amount you can win with a successful wager. The top sites will offer the best odds, which means your profit on a winning bet is as big as it can be.
When it comes to hockey betting, there are usually three main NHL lines offered to players – the moneyline, puck line, and total goals bet. Here is what you can expect lines to look like when you visit a hockey betting site.
Washington Capitals v Florida Panthers
Moneyline
Capitals +200
Panthers -240
Spread Line
Capitals +1.5 +110
Panthers -1.5 -110
Totals Line
Over 5.5 -110
Under 5.5 -110
Hockey Betting Markets
If you enjoy mobile betting, the best hockey betting arms will be swarming with many different types of markets for players to take advantage of. We have outlined some of the most popular for wagering on.
Moneyline
The Moneyline is a great starting point as it simply revolves around predicting who the match winner will be. So, if the Florida Panthers were playing the Washington Capitals in the example used above, the Panthers would be favorites.
Although you only have to guess who will win the match, the Capitals would give you a bigger win if they were victorious as they have been priced at longer odds than the Panthers.
Hockey Prop Bets
Hockey prop bets can be quite creative. This is where you can often find the best bets, especially for those who are not big on crunching sports data.
Normally, they generally divided into team and player props. Team props may ask which team will be the first to score, while player props may ask if someone will score a hat trick. NHL prop bets will appeal to those with more knowledge of the game.
NHL Point Spread
Also known as the puck line, the point spread bet can provide great value. When selecting a team to cover the puck line, a handicap is assigned for both teams.
The selection must cover the -1.5 or +1.5 line and when betting on the favourite (-1.5), the selection must win the game by at least two goals. On the other hand, selecting the underdog (+1.5) means that the team must win the game outright or lose by only one goal in order to win the bet.
Total Goals Over/Under section
The NHL may not be as high scoring as the NFL or NBA, but you can still get action-packed games. The top sportsbooks will offer lines such as Over 5.5 goals or Under 5.5 goals.
If you put a bet on Over 5.5 goals, then 6 or more goals need to be scored while conversely, if you put money on Under 5.5 goals, then 5 goals or less need to be scored to return a winning bet.
NHL Futures
These are more long term in their focus and the odds will change the closer we get to a new season. Or you can bet on the playoffs, and more specifically, who will be crowned NHL champions.
So, for example, you could bet on the Tampa Bay Lightning to win the playoffs a month or so before the end of the regular season and they may carry short odds at some hockey betting operators.
Anytime Goalscorer
Like you would for soccer, you will be able to find anytime goalscorer markets. Essentially, this is an individual prop, but these provide good value bets if you discover a forward is in a good run of form and is likely to hit the target.
Correct Score Betting
While the Moneyline is a more simplistic bet, the Correct Score betting is perhaps more sophisticated, and as the market suggests, you have to predict the correct final score to win.
If you can master this market, then you can win big as the odds may be long for some matches.
Hockey Free Bets
Regardless of which sport you like to bet on, you won’t want to miss out on finding offers and free bets. The best NHL sportsbooks will be well stocked with the latest promotions and bonuses for you to take advantage of, so let’s have a closer look at some of the types of offers you will come across.
Matched Deposits
The most common type of offer is a matched deposit offer, which is available at many NHL sportsbooks. This is based on how much you deposit into your account, and this will usually be matched, either at 100% or 50%. A 100% matched offer gives a bonus that is the same as your deposit, so potentially an excellent amount to get started with.
Risk-Free Bets
A risk-free bet can come in two different ways, depending on the offer you take. First, these could be free bets given to you and put in your account – then, when you want to place a bet, you can pay using these. Alternatively, some hockey betting sites offer money-back risk-free bets, which means you pay for the bet yourself using funds, and if it loses, you will be refunded your stake.
No Deposit Free Bets
The final option can be quite rare, as you won’t find many NHL sportsbooks offering these, but they are worth looking for. A no deposit free bet doesn’t require you to deposit into the account, meaning they are the closest to a completely free bet with no strings attached. They are usually relatively small but excellent to use.
| Betting Site | Bonus | Promo Code | Min Odds |
| PowBet | 100% deposit bonus up to $150 | No code required | 2.00 |
| STS | 3x$10 in Free Bets | SBWB30 | 2.00 |
| Bodog | 100% matched deposit bonus worth up to $400, plus 50 free spins | No code required | 2.00 |
| Leon bet | Up to $230 worth of free bets | No code required | 1.75 |
| N1 bet | 10% risk free bet up to $200 | No code required | N/A |
Live Hockey Betting
Live betting is becoming increasingly popular, and the best NHL sportsbooks will allow you to place live bets on games as they are being played. With live betting, you no longer have to place wagers beforehand – you can wait until the game starts, check out important team news, see what the game looks like in the early stages, and build an assessment based on that. The odds will also change in real time and you will be in control of your wager.
It is excellent to see NHL betting sites and there are plenty of sportsbooks putting a lot of focus into their live betting product, which will only continue to gain more traction in the future.
Biggest Hockey Events to Bet On
Hockey betting allows bettors the opportunity to bet on the biggest events in the world and we have outlined the significance of them below:
Regular season
The regular NHL season is frantic and arguably quite long as each side plays 82 games, so it is a test of stamina if anything else.
Playoffs
At the end of the regular season, 16 teams across the four divisions across the States will qualify for the end of season playoffs. The top three teams from each division will qualify automatically and the next four spots are filled by the next highest-placed finishers in the conference, which is based on the regular-season record.
The playoffs will see home-ice advantage offered in the first two rounds to the teams that finished highest in their respective Conference divisions. The Conference Final is the last stage before the Stanley Cup.
Stanley Cup
The Stanley Cup is the NHL’s equivalent of the Super Bowl and the trophy is awarded to the team that goes all the way in the playoffs. In recent times, the Lightning has been formidable in the Stanley Cup.
Olympics
Ice hockey was traditionally a part of the Summer Olympics schedule until 1920 before it switched over to the Winter Olympics programme. For many athletes, it represents the pinnacle of their career and Canada has been a dominant force over the years in terms of claiming gold medals at past Games.
Hockey Sportsbooks with Live Streaming
Live streaming has become a game-changer for hockey betting and apart from sportsbooks, there are plenty of hockey betting apps offering this service and you will be able to see the odds change as well as watch the action unfold while you are on the move.
Some of the best sites for hockey betting will offer a live stream in stunning HD, but once again, this is only going to get bigger in the years to come.
Banking at Hockey Sportsbooks
When you are using the best NHL sportsbooks, you want to feel safe and secure, and a big part of this is how you send and receive funds from your account.
Many leading sportsbooks will offer a variety of payment choices that will cover traditional options, such as Visa and MasterCard as well as e-wallets, such as PayPal. Payment methods should be robust, and there should be plenty of methods available, however, you will have to check whether you can make deposits and withdrawals using the same payment type.
Below we compare the different payment methods available on the top NHL sportsbooks, including min and max deposits and withdrawal times back to you.
| Betting Site | Payment Methods | Min/Max Deposit | Withdrawal Time |
| PowBet | Bitcoin, Cash to Code, ecoPayz, Ethereum, Interac, MasterCard, Visa, MuchBetter, Neosurf, Ripple | $10/$750 | 1-3 days |
| STS | Debit cards, ecoPayz, MuchBetter, Neteller, PayPal, Skrill | $10/$1,500 | 1-3 days |
| Bodog | Debit cards, Bitcoin | $20/$1,000 | Mostly instant |
| Leon bet | Visa, MasterCard | $10/$500 | 1-3 days |
| N1 bet | Visa, MasterCard, Skrill, Neteller, PaySafeCard, Sofort, ecoPayz, Neteller, Neosurf | $20/N/A | Instant |
Tips for Hockey Betting
Look For Road Trips & Home Stands
Teams will often have spells at home or away for long periods. If you are betting on games in these, consider the impact. For example, if your team has been on the road for a while, they may be struggling and ready to get back home. Similarly, if a team is partway through an extended home stand, they will be in their groove, relaxed, and not living out of a hotel.
Specialise In One Conference To Begin With
There are 32 NHL teams, with 16 in each division. This is a lot to take in for many people who are new to the sport, and if you are one of them, try and concentrate on one conference, to begin with. Ideally, try to stick with one side until you have been around the sport for longer.
Follow Recent Form
As mentioned, it is a long season, so teams will peak at various times and waver at others. So, when betting, look at the franchises that are in good form when trying to work out who to side with.
Check Injury News
Keep an eye out on the starting roster to check if players will be available for the game. The worst thing to do is to place a wager on a player to score, but then later find out he has been ruled out through injury.
Understand the NHL Schedule
Above all else when it comes to hockey betting, make sure you are aware of the schedule. If a team has played three times in the space of four nights, they may be a bit overcooked and so worth avoiding when placing a wager.
How to Bet on Hockey Games in Canada
To show you how you can get involved with hockey betting, we have created a step by step guide for signing up to the top sportsbook in this list for NHL betting – PowBet.
Step 1: Create an Account
Firstly, head over to the PowBet sports lobby. Click the Play Now button and choose the type of bonus you want, so in this case, the Sport bonus.
Step 2: Fill in Your Details
Then, you will be asked to fill in your details, such as name, address, country and currency you want to play in.
Step 3: Choose payment method
You will be asked to select a payment method to make deposits and withdrawals, so choose the one you can do both with.
Step 4: Start betting
Now, you will be able to start betting, so pick the hockey betting markets that appeal the most. Powbet also has a hockey betting app for playing on the move.
Conclusion
There are so many great hockey sportsbooks for Canadian residents to enjoy. We have covered many top gambling sites in this guide and we think you will get a lot out of playing there, as some of them facilitate live streaming and they have a wealth of odds available.
However, we think PowBet is the best, so make sure you sign up today. New players will get a 100% matched deposit, of up to $150 when they join.
