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The NHL trade deadline is one of the most exciting parts of the season. You can make the next deadline even more exciting by betting on the NHL trade deadline at online sportsbooks.
There are several ways to bet on the NHL trade deadline. Sportsbooks will start to release markets prior to deadline day and it’s recommended to bet early in case a player is traded before deadline day.
If you follow NHL trade rumors, NHL trade deadline betting can be profitable.
How to Bet on the NHL Trade Deadline
We’re going to explain the different types of NHL trade deadline betting markets. There are two primary markets that get most of the action, but there are also NHL trade deadline prop bets available.
Will Player X Be Traded Before the Deadline
Example: Player X Will Be Traded: Yes (+150) vs. No (-200)
This is a simple “yes” or “no betting market available leading up to the deadline. All of the big names that are rumored to be on the move will often have odds posted up for this market by the bookies.
If you bet on “yes”, the player needs to be traded before the deadline ends. If you bet on “no”, the player has to remain on the same team at the deadline. Betting on this market early is ideal because you’ll get a better price. Once it becomes apparent a player will be traded, the odds on “yes” will shoot way down.
Where Will Player X Play After the Deadline
Example: Who Will Player X Play for After the Deadline: Blackhawks (-160), Rangers (+300), Avalanche (+800), Bruins (+800), Maple Leafs (+800), Stars (+800) or Oilers (+800)
With this market, you need to predict which team a player will be playing on after the deadline. Generally, the player’s current team will be favored to retain the player initially, but this market moves fast based on breaking news. If a player, coach or agent makes a statement, any value can disappear quickly.
Jumping on a team that’s an initial outsider can pay off very well in some situations.
NHL Trade Deadline Props Betting
There are always various NHL trade deadline props bets available. These props bets are for deadline day only, so you don’t need to worry about betting on these props early unless you like the odds available.
The most common prop bet is betting on how many trades will take place on deadline day. Trades prior to deadline day don’t count towards the total. Only trades completed on deadline day will count.
Another example would be betting on how many players will be included in deadline day trades.
Profit From NHL Trade Deadline Betting
Betting on NHL trade deadline markets is a lot different than betting on NHL games.
To be successful at NHL trade deadline betting, you need to follow the news. However, you need to dig deep and look at social media to identify potential trades before they’re common knowledge. If you’re reading Player X will be traded at the deadline on ESPN, it’s too late to profit from this knowledge.
