How to Bet on Cleveland Monsters

How to Bet on Cleveland Monsters - Types of Bets

Step one is to pick a sportsbook, of course. Once you've done that and made your deposit, these are the types of bets you'll come across:

Moneyline Bets

The simplest way to start if you're learning how to bet on the Cleveland Monsters is to place a moneyline bet, which is simply a bet on which team you think will win a game. 

To bet on the NHL is to simply pick the winner of a match through a moneyline bet. For example, if Cleveland Monsters (-300) were playing the Hershey Bears (+120), you would have to wager $300 on them to win $100. If you think the Bears are going to win, a $100 bet will win you $120. 

Puck Line Bets

A puck line bet is the hockey equivalent of a point spread in any other sport. This type of bet is placed with the margin of victory or defeat in mind rather than the match result itself. The table below shows how a puck line is different from a regular moneyline bet:

Team

Moneyline odds

Puck line odds

Cleveland Monsters

+300

+2.5 (+125)

Hershey Bears

-150

-2.5 (+185)

The Bears are favorites in this example and will begin the game with a score of -1.5. This drastically reduces the uneven odds between the Monsters and the Bears that you see in the moneyline odds - and this is the reason bookmakers add this spread or handicap so that betting isn't concentrated on just one side of the market. 

Based on the table above, the Bears would have to win by at least three goals for you to have a successful bet on them. 

On the other hand, the Monsters would have to either win outright or lose by no more than two goals for you to have a successful bet on them.

Over/Under Bets

Over/Under bets are another simple market when learning how to bet on Cleveland Monsters. The bookmaker gives you a number before a game and your job is to bet on whether the aggregate score (both teams' scores put together) will be over or under that number. 

NHL Prop Bets

Prop bets focus on isolated parts of a game that do not directly affect the final result. For example, a prop bet could be focused on which player scores the first goal, which period a goal will be scored in, and so on.

NHL Outrights and Futures

Outright markets are focused on picking the team you think will go on to win the AHL. The futures market also operates on outcomes that will occur in the future - like the player who will end up the top scorer in the league or the player who will win MVP.