Categories: NHL

NHL Sports Betting Market Report for Sunday, December 17th, 2023

ATS STATS – Analyzing the NHL betting market for Sunday, December 17th, 2023, we observe a mix of trends across Straight Up (SU), Over/Under (OU), and Against The Spread (ATS) markets. Here’s a detailed breakdown based on the Sports Betting Index (SBI):

Straight Up (SU) Performance:

  • 1-Day Performance (Dec 16): A nearly balanced day with favorites winning 54% of the games, resulting in a neutral SBI rating.
  • 3-Day to 7-Day Range: Over 3 days, the market remains neutral, but a bullish trend is seen over 7 days (69.4%).
  • 1-Month to Year-to-Date: The longer-term view shows a consistent bullish trend for favorites, with win rates hovering around 59.5%.

Over/Under (OU) Performance:

  • 1-Day Performance (Dec 16): A bearish trend for OVER bets with only 38% of games going over.
  • 3-Day to 7-Day Range: The 3-day range is neutral, while the 7-day range shows a bullish trend for OVERs (57.9%).
  • 1-Month to Year-to-Date: The overall trend remains neutral, with a slight lean towards UNDER bets.

Against The Spread (ATS) Performance:

  • 1-Day Performance (Dec 16): A bearish day for favorites against the spread, with only 31% covering.
  • 3-Day to 7-Day Range: This bearish trend is more pronounced over 3 days (20.3%) and remains bearish over 7 days (35.1%).
  • 1-Month to Year-to-Date: Over the longer term, the trend remains consistently bearish for favorites covering the spread.

Key Insights:

  • Balanced SU Market: The latest day’s performance indicates a competitive balance between favorites and underdogs.
  • Scoring Trends: The OVER/UNDER bets are leaning towards UNDERs in the short term but are more balanced over the longer term.
  • ATS Caution for Favorites: The bearish trend in ATS suggests that underdogs are more frequently beating the spread, a trend bettors should consider.

Conclusion:

The NHL market for December 17th presents a neutral day in the SU market but shows bearish trends in both the OVER/UNDER and ATS markets for the day. The longer-term trends suggest a sustained favor for favorites in SU but caution in ATS betting. Bettors might want to consider these patterns when making their decisions.


Ron Raymond

Ron Raymond is a well-known sports handicapper who runs ATS Stats and the Raymond REPORT. He has over 21 years of experience in the industry and provides expert analysis and predictions for various sports, including football, baseball, hockey, and basketball.

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