A moneyline bet in the Swedish Hockey League (SHL) is a straightforward wager on which team will win a given match. However, bettors need to pay close attention to whether the line covers regulation time only or includes overtime and a shootout. Most European hockey markets default to three-way moneylines — win, lose, or draw in regulation — which differs from the two-way moneyline common in North American sports betting. Selecting a team on the three-way line at plus-money can offer significant value when a matchup profiles as tight, since draws occur frequently enough in SHL play to keep odds elevated on both sides.
Strategically, the SHL moneyline market rewards bettors who track goaltending rotations, back-to-back scheduling, and home-ice performance, which tends to carry more weight in Swedish hockey than casual bettors assume. Vig on three-way moneylines generally runs slightly higher than on two-way markets or puck lines because the additional outcome gives sportsbooks more room to build in margin across three prices. Comparing the overround across books is especially worthwhile here, as even small differences in vig compound quickly for anyone betting SHL regularly throughout the season.
Cross-Sport moneyline Vig Comparison
SHL moneyline averages 6.43% vig across 4 sportsbooks. Here's how that compares to other active sports:
| Sport | Avg Vig | vs SHL |
|---|---|---|
| SHL | 6.43% | — |
| CFL | 4.88% | 1.55% higher |
| NCAAF | 4.81% | 1.62% higher |
| NFL | 4.48% | 1.95% higher |
| NFL Preseason | 4.31% | 2.12% higher |
Vig Rankings
| # | Sportsbook | Vig | Grade | Events |
|---|---|---|---|---|
| 1 | theScore Bet (ESPN Bet) | 5.91% | C+ | 1 |
| 2 | DraftKings | 6.09% | C | 1 |
| 3 | 888sport | 6.67% | C | 1 |
| 4 | Pinnacle | 7.04% | D | 1 |
Frequently Asked Questions
Which sportsbook has the lowest SHL moneyline vig?
theScore Bet (ESPN Bet) currently has the lowest vig at 5.91%, earning a grade of C+.
What is vig (vigorish) in sports betting?
Vig — short for vigorish, also called juice or overround — is the margin a sportsbook builds into its odds. It's the difference between the true probability of an outcome and what the odds imply. Lower vig means you keep more of your winnings on every bet. For example, a standard -110/-110 line has about 4.76% vig.
How often is this data updated?
We pull fresh odds from The Odds API three times per day — at 6:00 AM, 2:00 PM, and 10:00 PM UTC. Each snapshot captures the latest lines from every sportsbook that has posted odds. The timestamp at the top of the page shows the most recent refresh.
How is the vig grade calculated?
Each sportsbook is graded on a letter scale based on average vig: A+ (under 2%) is exceptional, A (2–3%) is excellent, B+ (3–4%) is above average, B (4–5%) is the industry standard, C (5–6%) is below average, and D (above 6%) indicates high-juice markets.
Why does lower vig matter for bettors?
Lower vig directly impacts your long-term returns. A bettor placing $1,000 per week at a book with 4% vig loses roughly $40/week to the house edge. At 2% vig, that drops to $20/week — a $1,040 difference over a year. For serious bettors, shopping for lower vig is one of the most reliable ways to improve profitability.
What sportsbooks do you track?
We track both regulated US sportsbooks (DraftKings, FanDuel, BetMGM, Caesars) and offshore books (Bovada, BetOnline, MyBookie, BetUS, LowVig.ag, BetAnySports). Data comes from The Odds API, which aggregates real-time lines from licensed sources.
How We Calculate These Numbers
- Data Source
- All odds on this page come from The Odds API, which aggregates real-time lines from licensed US and offshore sportsbooks. We track moneyline, spread, and totals markets across every sport with active betting lines.
- Update Frequency
- We pull a fresh snapshot of every tracked market three times per day — at 6:00 AM, 2:00 PM, and 10:00 PM UTC. Each snapshot captures the latest lines from every sportsbook that has posted odds for a given event. The timestamp at the top of each page tells you exactly when the data was last refreshed.
- Vig Calculation
- Vig (short for vigorish, also called juice or overround) measures the margin a sportsbook builds into its odds. We calculate it by converting the odds on each side of a market to implied probabilities, summing those probabilities, and subtracting 100%. For example, a market priced at -110/-110 implies 52.38% on each side — a total of 104.76%, meaning a vig of 4.76%. Lower vig means better value for bettors because you keep more of your winnings.
- Per-Market Breakdown
- We compute vig separately for each market type: moneyline (h2h), point spreads, and totals (over/under). The "average vig" shown for each sportsbook is the mean across all market types weighted by the number of events sampled in each market.
- Grading Scale
- Every sportsbook receives a letter grade based on its average vig: A+ (under 2%) is exchange-level pricing. A (2–3%) is very competitive. B+ (3–4%) is above average. B (4–5%) is the industry standard — a -110/-110 line is 4.76%. C+ (5–6%) is slightly below average. C (6–7%) is below average. D (7–8%) is high vig. D− (8–10%) is very high vig. F (10%+) is predatory pricing. See the full Vig Index Methodology for formulas, worked examples, and known limitations.
- Trend Tracking
- We store daily snapshots for 30 days, allowing us to show 24-hour and 7-day vig trends. A downward trend (improving) means sportsbooks are tightening their lines — often in response to increased competition or higher betting volume as a season heats up.