Only in single-elimination tournament matches. League or group play allows draws to stay as draws, though introducing a reformed points system that awards 3 points for a win (instead of 2) and only 1 for a draw about a decade ago has led to a lot less settling for draws.
Now, overtime silliness can be better described as the NHL's 4-on-4 followed by shootout nonsense. Or NCAAF's trading possessions from the 25-yard-line BS. What is so devastating about letting a (non-single-elimination) game end in a tie at the end of regulation?
That just disgusts me. I hate the shootout as it goes against hockey tradition. Hockey is the ultimate TEAM game and for it to be decided on penalty shots is ridiculous. Bettman's ruining the game. I'd rather see the same overtime format as the playoffs. Next goal wins, play till there's a winner. That's the NHL's biggest strength.
I understand the posession trading in NCAA as that doesn't take away the team or game itself from it. The NFL's sudden death oftentimes results in a coin toss winning the game.