If the teams are tied after 3 periods (regulation time), the game goes to a 5-minute sudden-death overtime period. If they are still tied, a shootout is held, with 3 shooters per team. Once a team has more goals in the shootout, they are awarded one goal for the final result.
The winning team gets 2 points, counted as a regular win. A team losing in overtime gets 1 point, counted in the Overtime Loss column. Some papers still list Overtime Losses and Shootout Losses separately, but they're both worth 1 point, and the NHL makes no such distinction.
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The team that wins the shootout gets two points and the team that loses gets one point.
It used to be one point per tie but as of the 2005-2006 season the tie has been eliminated by shootout.