Detroit Red Wings Betting Guide, Schedule & More

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An Original Six member, the Detroit Red Wings have one of the most storied franchises in the NHL. Detroit’s successes have earned the city the nickname “Hockeytown,” with the Red Wings claiming 11 Stanley Cup titles. Even when the team struggles, it still has a passionate fan base. And for those in Michigan looking to back the hometown team, betting on the Detroit Red Wings is legal and available online. If you’re looking for the best odds on your NHL bets, you’ve come to the right place.

🏒 Read More: Red Wings Playoff Chances

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Can I Bet on the Detroit Red Wings in Michigan?

Yes, bettors can legally wager on the Red Wings in Michigan. Our list of recommended online sportsbooks are licensed and regulated by the Michigan Gaming Control Board. Each offers the Red Wings as a betting option. Players can also bet on the Red Wings at any of the casinos throughout the state with a sportsbook.

How to Bet on the Detroit Red Wings

Once you review the top sportsbooks on BetMichigan.com, select one that suits you best and click on the link. You will be directed to the sportsbook’s website where you will start the sign-up process by clicking on “register.” Then, provide an email address and select a password and username for your own personal account. An ID verification process will ask you to enter the last four digits of your Social Security number and show proof of your current address.

Once your account is registered, players can then make their first deposits. A copy of your driver’s license or a passport will be needed to verify your identity. To start NHL betting, choose hockey or NHL in the league list and scroll until you see Red Wings sports betting options.

What Bets Can I Place on the Detroit Red Wings?

Futures

Future bets are wagers predicting how a team will do over the course of a hockey season. For instance, Red Wings futures include the over-under on how many points the team will score this season, its chances to win the division, conference or make the playoffs. 

Totals

Betting on totals is predicting how many goals will be scored in a game. An example would be if the Detroit Red Wings and Carolina Hurricanes were facing off and the total was set at 5.5. Players can wager on if they think more or less than five goals will be scored.

Moneyline

Moneyline bets are the most common in hockey. Betting on the moneyline is simply picking who will win the game. Moneyline odds are typically based on $100. 

Puck Line

The standard puck line for the NHL is 1.5 and works like spreads in other sports. Favorites are favored by 1.5 goals, meaning they would need to win by two for the bet to be a winner, while underdogs can lose by one and still cash out as a winning bet. Since the underdogs are essentially starting with a one-goal lead, there is a higher payout for favorites if they can cover -1.5. Using the Red Wings and Sabres example, the Red Wings would be -1.5 with odds at +140, while the Sabres would be +1.5 at -150.

Live Betting

Live sports betting gives players an opportunity to place a wager after the game has started. Sportsbooks update their live betting odds in real-time reflecting the game action, and players can bet on the outcome and totals during the game. Moneylines, puck lines and team totals are available through live betting, and players can wager on the outcome of individual periods, too.

If a bettor feels the Red Wings are about to make a comeback with high odds, he or she can take the risk for a bigger payout compared to the pregame odds. Or if they want to take the over hoping for some empty-net goals at the end, live betting gives them that opportunity to do so.

Red Wings Partnerships

In January 2021, the Red Wings announced they were renewing and expanding their partnership with Pointsbet. 

Tips for Betting on the Detroit Red Wings

Be Disciplined

The first step towards responsible gaming is setting bankroll management is deciding on a standard unit for a wager. Units can be relative to the size of your bankroll and can vary from player to player. A bettor with a bankroll of $10,000 will have larger unit sizes than a player with a bankroll of $100. There is no set rule as to what percentage size a bankroll unit should be, but it should be low enough to withstand a prolonged losing streak.

For example, if a player’s bankroll is $1,000 and they decide to wager 2% for each bet, that would mean the standard unit is $20. For a bankroll of $10,000, a unit would be $200.

Line Shopping

With so many online sportsbooks in Michigan, players have easy access to line shop for the best odds on their Red Wings bets. Line shopping is when a player searches for the best odds or number for a bet they are making.

Study the Goalies

Like a starting pitcher in baseball, whoever is starting in net will have a major impact on the betting odds for a game. Getting to know the strengths and weaknesses of a team’s primary goalie is an important factor to consider, as well as checking to see if the starting goalie will be playing or taking the night off.

Check the Schedule

The NHL is a physically demanding sport, and the long season can take its toll on players. Occasionally, a team could be playing its third game in four nights and be up against a well-rested team playing at home. Finding teams who have rest advantages or are healthier is worth analyzing before making a bet.

Betting on the Detroit Red Wings FAQ

Author

Bryce Derouin

Bryce covers sports betting and gaming for BetMichigan.com, along with other Midwest states. He joined BetMichigan.com after spending the last nine years covering high school and college sports throughout Michigan. His favorite sports to gamble on are football, basketball, baseball and Formula 1.

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