Buffalo Sabres goalie Carter Hutton (40) during the first period of an NHL hockey game against the Washington Capitals, Thursday, Jan. 14, 2021, in Buffalo, N.Y. (AP Photo/Jeffrey T. Barnes)
Chalk wins games. Dogs win bankrolls. Welcome to hockey betting season.
The NHL market is flipping scripts compared to the NBA right now. Favorites are getting their wins, sure, but they have been bleeding wallets ATS like a defenceman who forgot his gap control memo. If you have been backing dogs, congratulations, you might be able to afford extra wings on game night. If you’re riding favorites against the spread? Let us just say the cashier does not recognize you anymore.
Below is the latest Sports Betting Index (SBI) snapshot courtesy of ATSstats.com, giving us a crystal clear pulse of where the money is flowing and where bettors should be skating next.
Favorites SU YTD: 60.8% — BULLISH
Favorites are winning more than losing, but not steamrolling the league. Over the last week, they cashed 62%, which confirms stability in the chalk market, but we are absolutely not in “autopilot favorites” territory like the NBA.
Recent snapshots:
This market is bullish on favorites winning, yet still leaves significant room for correctly-timed underdog bites.
Key takeaway:
Favorites can be trusted SU, but this is not a blind-chalk environment. When the number gets inflated, look for hungry home dogs.
Favorites ATS YTD: 35.4% — BEARISH
Underdogs ATS YTD: 64.7%
Read that again. Yes, it is as wild as it looks. Favorites are covering just 35% of the time. The dog buffet is open and bettors eating chalk ATS have been donating like it is tax season.
Short-term trend:
Those numbers are not unlucky; they are market reality.
Actionable betting edge:
Right now, playing dogs with structure beats playing favorites with hope. Hope does not fill bankrolls.
Over% YTD: 51.4% — NEUTRAL
Totals are behaving like your favorite goalie in January: streaky, unpredictable, and occasionally lights-out. We are in a balanced O/U market with small over edges but not enough for blind firing.
Last stretch:
Interpretation:
Books have adjusted from early-season chaos. Offense surges, then cooling trends pop up. Nothing here screams auto-Over or auto-Under.
Advanced read:
Totals are a tactical market, not a trend market right now. Lean Over only when team cycles and matchup metrics agree.
Current NHL betting behavior:
| Market | Status | Interpretation |
|---|---|---|
| SU Favorites | Bullish | Good teams winning games |
| ATS Favorites | Bearish | Lines inflated, dog goldmine |
| Totals | Neutral | Must cap game by game |
This is a contrarian-friendly market, but not a “bet chaos and hope for miracles” market. NHL parity + sharp lines = you win by picking your spots, not forcing action.
Do not get cute. Get calculated.
The market right now rewards:
Favorites winning games does not mean favorites winning bets. Chalk lovers can still eat — just not at the ATS buffet.
If you want to ride these cycles with intelligence, structure, and real-time data, join us at ATSstats.com. We do not sell hype; we sell edges.
Grab a seat before this dog trend cools and the books adjust. Until then, skate where the value puck is going, not where the crowd is cheering.
Stay sharp, trust the cycles, and keep your bankroll out of the penalty box.
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