In the end, wins and losses are really all that matters, because every sports bettor’s goal is to make money. However, wins and losses don’t really tell you all that much in the short term. In fact, even if someone wins more than they lose after making a few hundred picks, results aren’t always a good indicator that a bettor is on the right track. There’s still a chance that the results could be nothing more than a consequence of luck.
Hockey is still considered a niche sport compared with football, but the closing line is still a good indication of where the line should be. Why? Well, because throughout each day, information and opinions shape the market, and if a bettor is consistently getting the best of the line, it likely means that that bettor is getting to market before information and opinions cause a shift. For example, if a bettor lays -110, and the line closes -130, the bettor should feel like a winner.
What happens after the puck drops is totally out of a bettor’s control. The price the bettor pays is really the only thing that is within their control. If a bettor is consistently beating the closing line in hockey, he should feel good about his bets, even if the wins aren’t rolling in. Alternatively, if a bettor lays -130 and the line closes at -110, it was probably a bad bet. No bettor will beat the closing line 100 percent of the time, but winning bettors seem to get the best of the line about 75 percent of the time.