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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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The Dos and Don’ts of Blackjack Betting to Keep an Eye

Written by on May 21, 2024

A little intimidated by the unspoken blackjack betting rules at the table? Don’t fret, here are the basic dos and don’ts to help you get started like a seasoned pro. The Dos and Don’ts of Blackjack Betting The Dos and Don’ts of Blackjack Betting: Basic Table Etiquette If you take a seat at a table while a hand is going … click title for full article.
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How to Bet on Tennis Tournaments

Written by on May 20, 2024

One of the frustrating things about sports betting on tennis is that the favorite wins over the underdog far more often than not. This ratio is vastly different from what you see in other individual sports, such as golf, and from what you see in team sports. The seeded players generally wipe the court with the unseeded players, and the … click title for full article.
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Online Casino 101: The Dos and Don’ts of Craps

Written by on May 20, 2024

Of all the table games in an online casino, craps moves the fastest. Even at a quick blackjack table, you won’t get more than a hand per minute. However, craps tables feature as many as 100 decisions each hour. Because you’re likely to have more than one bet going at once, you’ll probably need a bigger bankroll with craps than … click title for full article.
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How To Beat the House Edge in Roulette Games – MyBookie Advice

Written by on May 19, 2024

The house edge in roulette games comes down to two numbers, the 0 and the 00. These are green numbers – meaning that both red and black lose. While it might seem that having those two numbers on the large wheel is a minor factor, over time those numbers pull money into the house at higher rates than bettors win. … click title for full article.
MAY 19 - 2017 MLB Interleague Betting Strategy

MLB Interleague Betting Strategy

Written by on May 19, 2024

While the introduction of interleague play in baseball wasn’t initially received with a lot of fanfare 20 years ago, today, the cross-league matchups often featuring local rivals are widely accepted and even looked forward to by many baseball fans and betting enthusiasts. However, with these teams meeting rarely and not really knowing one another as well as they do their … click title for full article.
Round Robin Bets Explained

Round Robin Bets Explained

Written by on May 19, 2024

A Round Robin bet is a simplistic and time-saving way of online betting multiple parlay all at one time. In Round Robin bets, a bettor can select between three and eight betting lines and the combine them into betting parlays of two to six teams. Generally, this betting strategy comes with increased stake requirements, but this also begets the advantage … click title for full article.
Using Trends to Predict Outcomes in Sports Betting

Using Trends to Predict Outcomes in Sports Betting

Written by on May 19, 2024

One of the most fundamental and arguably most-used tools for successful sports handicapping is betting trends. From functioning as the starting point of most sports betting analysis to highlighting first-hand information about the strength of teams/athletes or telling us about the public betting action in sportsbooks; betting trends are virtually the adhesives that hold the world of sports betting together. … click title for full article.
The Horse Racing Multiple Betting System Explained

The Horse Racing Multiple Betting System Explained

Written by on May 19, 2024

Multiple betting in horse racing, or simply betting on multiples, is an increasingly popular horse racing betting strategy that can reap you big returns for a small initial outlay. Essentially, this online wagering strategy revolves around betting on two, three or more horses in different races, and then the final payout is determined by multiplying together the odds of each … click title for full article.
Reverse Bets Explained

Reverse Bets Explained

Written by on May 19, 2024

If you are punter who is looking to limit exposure to losses while expanding the possibilities of winning wagers through “IF” combinations, then you certainly need to consider applying reverse bets in your online betting endeavors. By definition, a reverse bet is more-or-less a fancy name for a double action IF wagers, where the betting action goes in both forward … click title for full article.
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Sportsbetting Explained: If Bets – How Do They Work?

Written by on May 18, 2024

While the more popular type of bets for most online sportsbetting fans are straight bets, teasers and parlays, there are plenty of other ways to get it on the action. In this article we’ll cover a special type of wager know as “If bets”, which are useful when the window of opportunity to re-bet between games is thin.   If … click title for full article.
New York Jets v Buffalo Bills

NFL Odds: How to Bet the Total

Written by on May 18, 2024

When it comes to sports betting, the over/under is one of the simplest bets of all and one of the most popular NFL odds for betting fans. The way it works is simple. After a deep analysis, handicappers and oddmakers choose a number that they think is very close to the combined points that the two teams will score. In … click title for full article.
Profitable Underdog Betting Systems for Baseball

Profitable Underdog Betting Systems for Baseball to Keep and Eye

Written by on May 17, 2024

The 162-game MLB season is easily the longest stretch of games among the Major Sports in the world, and with many back-to-back games without a day off, we tend to have a lot of interchangeable winning and losing streaks in the sportsbook odds. As you’d expect, the betting public often sides with favorites, getting a surmountable amount of profits in … click title for full article.
How to Recognize and Handicap Key NFL Betting Numbers

Introduction to Margin Betting

Written by on May 16, 2024

Margin betting, also referred to as winning margin betting, is a form of wagering that entails predicting the number of points/goals a team/player will win with in a given game. To win the wager, the bettor has to select the correct margin of a win. The margin here can be a specific number (like two goals) or a broad range … click title for full article.
The Importance of What You Know in Sports Betting

The Importance of What You Know in Sports Betting

Written by on May 16, 2024

Betting on sports comes with a variety of risks and dynamics that can be extremely hard to decipher without the right knowledge. For starters, we have an extensive variety of ways to wager on different sports. And then, the sheer size of betting market, which includes amateur and professional leagues from across the world, calls for a lot of knowledge … click title for full article.
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