NHL Sports Betting Market Report for Monday, December 18th, 2023

ATS STATS – As we evaluate the NHL betting market for Monday, December 18th, 2023, the Sports Betting Index (SBI) reveals a mix of bullish, neutral, and bearish trends across different markets. Here's a detailed look at the performance trends in Straight Up (SU), Over/Under (OU), and Against The Spread (ATS) markets.

Straight Up (SU) Performance:

• 1-Day Performance (Dec 17): A bullish day with favorites winning 60% of the games.
• 3-Day to 7-Day Range: These ranges also exhibit a bullish trend, with favorites winning 60.3% over 3 days and 63.7% over 7 days.
• 1-Month to Year-to-Date: The longer-term trend remains bullish for favorites, with a consistent win rate around 59.6%.

Over/Under (OU) Performance:

• 1-Day Performance (Dec 17): A bullish day for OVER bets with a 60% success rate.
• 3-Day to 7-Day Range: The 7-day range indicates a bullish trend for OVER bets (59.3%), while the 3-day range is neutral.
• 1-Month to Year-to-Date: Over these longer periods, the trend leans towards neutral, with a slight inclination towards UNDER bets.

Against The Spread (ATS) Performance:

• 1-Day Performance (Dec 17): A bearish trend for favorites against the spread, with only 40% covering.
• 3-Day to 7-Day Range: This bearish sentiment continues over both 3 days (29.3%) and 7 days (30.1%).
• 1-Month to Year-to-Date: The long-term trend remains consistently bearish, with favorites struggling to cover the spread.

Key Insights:

• Favorites' Strength in SU: The NHL market shows a strong trend towards favorites winning outright in both the short and long term.
• Mixed Scoring Trends: While OVER bets had a strong showing on the latest day, the overall trend in the OU market is more balanced.
• ATS Caution for Favorites: The consistent bearish trend in ATS suggests that underdogs are more frequently beating the spread, a trend that bettors should consider.

Conclusion:

The NHL betting landscape for December 18th displays a favorable trend for favorites in the SU market, a balanced scenario in the OU market, and a cautionary trend for favorites in the ATS market. Bettors may want to consider these patterns, particularly the bearish trend in ATS, when making their decisions for upcoming games.