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Sports Betting Explained – Sportsbook Guide

Sports Betting Explained: Vegas Sportsbook Odds Explained

The experienced MyBookie team is willing to offer you a way to better understanding and explaining sports betting. Our exclusive betting guide covers every topic related to betting, From straight wagers and money lines, to future bets and teasers; we have anything you need to have a successful and profitable NFL Football Betting season.

How Does Sports Betting Work

You’ve seen the odds and numbers online and on television but need it all explained because you don’t quite understand what they mean and which team is the favorite. You have heard terms like “consensus betting”, contrarian bets”, fade”, and “ATS records” but aren’t quite sure how they can help you win your bet.

This is your sports guide explained and tutorial hub. We’ll explain glossary, sports betting basics on how to read a point spread or how a teaser works, while introducing you to more advanced betting tactics that you can apply to your own betting strategy and handicapping.

Take a look around, learn money management practices that will help preserve your bankroll, learn when the moneyline is a better deal than the point spread and why complicated betting formats can pay off big but come with a risk.

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MyBookie Betting Guide

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Get up to Speed with the Sports Betting Articles

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Sports Betting Tips To Make the Most Out Of NFL Underdogs

Written by on June 29, 2024

Betting on underdogs in the NFL is very tempting, because of the potential for a big payout, if the team wins. Unfortunately, a lot of people don’t know how to bet on underdogs correctly, and consistently make money doing so, which is why we are taking a look at how to properly bet on NFL underdogs with this sports betting … click title for full article.
Seattle Seahawks

Picking NFL Road Favorites

Written by on June 29, 2024

When it comes to betting tips for NFL, a lot of people are wary about betting on road favorites for a variety of reasons. The biggest of those reasons is that they are playing in a hostile environment, and a lot of things can go wrong, resulting in a win for the home underdogs. This is actually a legitimate concern, … click title for full article.
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Sports Betting Optimal Scenarios to Bet On NFL

Written by on June 29, 2024

There are so many ways for sports betting fans to bet on NFL games, the traditional point spread, money line, and total points scored, are the most popular methods used, but a lot of sports bettors make their money by using first half and half time lines. These two methods of betting can be very profitable when used correctly, which … click title for full article.
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Using Free Bets To Your Advantage

Written by on June 29, 2024

One of the best things about having so many sports betting sites to choose from is that a lot of them offer their customers free bets. These bets usually have a stipulation, but once it is met you are free to withdraw the money you made, which is why you need to take advantage of the opportunity. Before you can … click title for full article.
Golden Rules for Betting Totals in College Football

Golden Rules for Betting Totals in College Football: Aspects to Consider

Written by on June 23, 2024

College football and the NFL have many of the same rules, but that doesn’t mean betting game totals are the same in both sports. Here are some golden rules when thinking about college football betting lines for the coming season. Inside Look at the Golden Rules for Betting Totals in College Football Both the NFL and college football use 15-minute … click title for full article.
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Choosing An Online Sportsbook: Top 5 Things To Consider

Written by on June 22, 2024

With so many online sportsbooks available these days, picking the right one can be a hassle, but if you consider these five things, the search will be much easier. #1. Reputation With so many options online there are going to be a few scam artists trying to take advantage of the situation. Before you register with any online sportsbook, make … click title for full article.
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Ways To Bet Tennis in MyBookie

Written by on June 22, 2024

Tennis is one of those rare one-on-one sports in a world dominated by team sports. Due to its popularity, a lot of people place wagers on the outcome of tennis matches, which makes the events even more fun to watch. If you are new to betting on tennis matches, there are plenty of ways to make some money on the … click title for full article.
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Ways of Golf Betting

Written by on June 22, 2024

When it comes to sports betting, placing wagers on sports like football, basketball, hockey and baseball are pretty standard, so if you know how to bet on one of them, you won’t have any problems with betting on the others. Golf, on the other hand, is a totally different thing. There are plenty of ways to bet on golf tournaments, … click title for full article.
How To Identify Valuable Underdogs When Betting

Betting on Underdogs: How to Identify Hidden Value in Underdog Wagers

Written by on June 21, 2024

The average bettor loves the favorite. This is common knowledge and it doesn’t matter the sport. Those casual bettors simply assume the sportsbooks know what they are doing when making a team a favorite in any sport. So they follow like a trained dog. Sharp bettors, meanwhile, can capitalize on the public’s naivety on sports betting odds if you do … click title for full article.
betting-strategy

The Importance of Discipline and Emotional Control in Sports

Written by on June 21, 2024

Like an important relationship, a favorite hobby or a job you adore to death (like my matchless love for sports writing), successful sportsbetting calls for a lot of emotional control and discipline. The premise of this argument is that both the human mind and heart can be easily influenced by outside factors like the things we see or hear, which … click title for full article.
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Winning Percentage vs Units Won

Written by on June 21, 2024

A lot of sports betting fans don’t really know the difference between winning percentage and units won when it comes to betting, which is quite surprising. If asked, most people will tell you that they would rather get their betting information and tips from a handicapper who is picking winners at a high percentage, than someone who has won a … click title for full article.
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Crucial Tips to Note in MLB Betting: Worst Pitchers Betting System to Indentify

Written by on June 21, 2024

If you are reading this, then it means that you probably know a thing or two about baseball betting, or you are an expert at matters baseball, but you are still interested on learning about the worst pitching betting system. Whichever group you belong to, it doesn’t really matter because the unique betting system we will be talking about here … click title for full article.
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Sports Betting 101: Most Popular NFL Props

Written by on June 20, 2024

When it comes to sports betting on the NFL, prop bets are some of the most popular bets that people make, because it allows them to place wagers that they feel will provide bigger payouts, and they also believe props give them a better chance of winning their bets. There are plenty of prop bets that are offered prior to … click title for full article.
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Wat is Statistical Handicapping?

Written by on June 20, 2024

One of the most popular methods of sports betting on sports is with the use of statistics to help predict the future outcomes of games. This has been a very popular method, especially with number crunchers, because it allows them to use a team’s statistics from previous games, up to that point, to predict the outcome of a game, without … click title for full article.
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