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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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Get up to Speed with the Sports Betting Articles

JUN 01 - Understanding The 10 Commandments Of NFL Betting

Analysis On The Understanding The 10 Commandments of NFL Betting

Written by on June 1, 2024

The 10 Commandments of NFL Betting: Rules, rules, rules! Whether you were in elementary school, at home with mum or an adult in the work place, everyone has rules they need to follow. Some people love them and have no trouble abiding by them while others are far more militant (like me) and simply don’t like being told what to … click title for full article.
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Gambling Whose Time Has Come Written

Written by on June 1, 2024

When it comes to Las Vegas, virtually anything can have odds, and therefore you can profit from it. That’s been true almost since the beginning, but with the legalization of gaming in so many states, not to mention the phenomenal growth of the Internet, and all of the gambling opportunities available with it, betting on sports has done nothing but … click title for full article.
Basic NFL Point Spread Handicapping Strategies

Basic NFL Point Spread Handicapping Strategies

Written by on May 31, 2024

If I’ve said it once, I’ve said it a thousand times. When it comes to cashing in on NFL betting, there’s more than one way to skin the proverbial cat! If you’re an NFL betting buff that is looking to make consistent positive returns (well, duh, who isn’t?) on your pro football betting investments, then you should know that there’s … click title for full article.
Sportsbetting Guide

Analyzing Strategy & Tips for Successful Sportsbetting:

Written by on May 26, 2024

If you’ve found some early success with online sportsbetting, even if you’ve gotten to the point where you have made some websites close your accounts, it’s easy to run from a good rut into an awful one. Those bets that were golden, those runs that never seemed like they wouldn’t end, eventually turn south. Underdogs start winning right and left, … click title for full article.
Despite playing on the road, the Pittsburgh Steelers are the NFL Betting favorites against the Ravens.

Top 3 Betting Strategies On How To Dig Yourself Out Of Wagering Hole

Written by on May 25, 2024

It doesn’t matter if you’re currently in a betting hole, or you’re wisely looking to avoid getting into one altogether, you need some expert betting tips on how to do just that. Thanks to years of experience in the sports betting industry, I’ve got a multitude of sage betting tips that will help you either get off the hole you’re … click title for full article.
Auto-Racing-Betting

Complete Guide: How to Bet on NASCAR Racing and Win

Written by on May 25, 2024

Some people might be a bit intimidated when it comes to auto racing betting, because of the difficulty of picking one winner out of a whole host of racers. However, there are different ways to bet on NASCAR action, and while it might be fun to pick your favorite driver to win, you don’t have to put all your money … click title for full article.
Soccer Betting 101: Win, Lose or Draw

Learn about the Soccer Betting 101: Win, Lose or Draw

Written by on May 25, 2024

If you want to end up ahead of the books when it comes to soccer betting, it’s important to understand how Soccer Betting 101 work. Once you know how to bet on soccer matches, you’ll start making some money, but it takes some research and instinct as well. Soccer Betting 101: Win, Lose or Draw First, take a look at … click title for full article.
Sports-Betting-Basics-Future-Betting-Football

Future Betting Explained

Written by on May 24, 2024

Future betting takes place on an event that is set to occur in the upcoming weeks or even months. As the date gets closer, oddsmakers alter the online sports betting lines on the basis of ongoing results for the teams. Future bets do not feature point spreads, as the most common scenario features a concrete result. The most frequently used … click title for full article.
2015-In-Play-Betting-Live-Wagering-Soccer

What is In Play Betting and How Does It Work – Top Strategies

Written by on May 23, 2024

In-play betting is one of the offerings you can find at almost any online sportsbook. This type of bet provides facilities for bettors to place wagers at several instances of a game or event and offers multiple chances to profit on one single match. Also known as Live Betting or peer-to-peer betting, this option quickly became a favorite for European … click title for full article.
how-to-bet-on-ufc-guide

UFC Betting Guide: Expert Tips & How UFC Betting Works

Written by on May 22, 2024

One of the most popular trends in betting has become UFC bouts. Because most gamblers who want to bet on UFC are motivated more by the novelty than by an actual knowledge of the ins and outs of this sport, though, they end up losing a lot of money. Understanding how the odds for UFC and MMA bouts work can … click title for full article.
Horse-Betting-Kentucky-Derby

Horse Racing Betting Guide: Quinella

Written by on May 22, 2024

One of the most entertaining parts about going to the horse races is all the different options when it comes to placing a bet. Sure, you can try and pick a horse racing betting winner, but that’s just where the fun starts. After all, if you can pick the first-place finisher, why not pick the runner-up as well? If you … click title for full article.
Roulette-Online-Betting-Guide

Online Roulette Strategy That Works – Tips to Win Roulette Online

Written by on May 22, 2024

It’s easy to get tricked into believing that online roulette is a 50-50 game. After all, a lot of the bets seem to go that way. You can bet on red, or you can bet on black. You can bet on odd, or you can bet on even. There are higher-odds bets as well, such as choosing a single number, … click title for full article.
2015 Online-Betting-Golf

Bankroll Money Management

Written by on May 22, 2024

Managing your bankroll is the most important part of online betting. However, this is the area with which people struggle the most when it comes to monitoring their wagering. All it has to do with is managing your money that you want to bet with. However, only those who are serious about managing their bankroll properly can move from betting … click title for full article.
nfl-betting-ideas-for-parties

NFL Betting Ideas That Will Make Any Party Interesting in the Season

Written by on May 22, 2024

Obviously, one of the most common wagers on NFL betting involves choosing which side will win. Unless the matchup is extremely close, there is a point spread involved in this bet. If you see a line such as this for a game (San Diego +8 at Chicago), then Chicago is favored to win the game by 8 points. If you … click title for full article.
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