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What does ml stand for sports betting

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However, because games are often tied after three periods, most hockey betting sites also offer three-way moneylines on most games. Standard, two-way moneyline betting is a popular NHL wager. There are many hockey leagues around the world, but most hockey bettors wager on the National Hockey League (NHL).

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In this case, your bet will be graded as a loss if the side you select to win does so after regular time. In these tournaments (where winners are guaranteed thanks to penalty kick shoot-outs), three-way moneyline bets are predicated on a result being determined in the 90 minutes of full-time play. It is worth noting that regular season matches can always end in a draw, but some tournament-style matches will extend into extra time and possibly into penalties. As you can see, the option of a draw is listed in the same fashion as choosing either team as the outright victor.

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