Close
Help
Settings

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.

Sports News Categories

BITCOIN

Everything You Need to Know!

More than 72% of the clients who convert to bitcoin for the first time, end up becoming exclusive bitcoin clients. It is too fast, too easy, and too inexpensive. Stop waiting for banks to approve your deposit, stop dealing with people misspelling names, and stop waiting for your funds to clear. You are missing out on the action while you wait. With bitcoin, it is as easy as 1, 2, 3.

Learn more about BitCoin Sports Betting

MyBookie Betting Guide

Sportsbook Guide MyBookie
Get up to Speed with the Sports Betting Articles

bet-on-point-spreads

How to Bet on Sports: Point Spreads and NFL Betting

Written by on April 30, 2024

So you pull up your favorite betting website to see what the numbers are for the upcoming Sunday action in the National Football League. One game has the home team at -4, while another has the visitors at +10.5. It’s important to understand in a specific way what these numbers mean and how to use them toward your own advantage. … click title for full article.
moneyline-betting

How Moneyline Betting Works in the NFL

Written by on April 30, 2024

When it comes to handicapping NFL games each week, the point spread is the favored method. However, some sites offer the moneyline method as well. This requires you to bet on one of the two teams, and the winning team is the one that pays off. The differential in the amount reflects the handicap. How Moneyline Betting Works in the … click title for full article.
inflated-point-spreads

Betting Tips: How to Handle Inflated Point Spreads

Written by on April 30, 2024

When it comes to wagers in the NFL, the key is to look for the right value. In many NFL games, the point spreads that favor one team or the other are often excessive in size. Using these point spreads as the basis of wagers stops becoming a sound strategy when they inflate to the point of losing value. In … click title for full article.
how-to-bet-on-horses-tips

Horse Betting 101 – How to Bet On Horses

Written by on April 28, 2024

It doesn’t matter if you’re a longtime horse racing betting aficionado or a casual bettor that just like to wager on the sport’s biggest races, when it comes to making successful wagers on one of the world’s oldest wagering activities, then you should know there are several keys that all bettors should follow. Wagering on horse racing has been around … click title for full article.
NFL 101

Sports Betting Analysis: 10 Factors to Consider When Looking at NFL Lines

Written by on April 27, 2024

Have you ever seen a betting line on an NFL game that had you scratching your head? If you’ve been wagering on football, for any time at all, you’ve experienced that feeling. It can have you asking yourself “I wonder if somebody knows something?” That’s why we’ve put together this list of 10 factors you should consider when looking at NFL lines.
Understanding The MLB Betting Underdog System

Understanding The MLB Betting Underdog System – Sports Betting

Written by on April 24, 2024

For anyone with experience online betting on MLB odds, assuming a winning betting system is a lot easier said than done, given the vast number of games in Major League Baseball season and the headache-inducing shift between favorite and underdog roles in MLB betting boards. Understanding The MLB Betting Underdog System Shopping for Best underdogs The ultimate betting rule when … click title for full article.
Take Advantage of Early MLB Betting Season Uncertainty

Take Advantage of Early MLB Betting Season Uncertainty – MyBookie Advice

Written by on April 24, 2024

As the only sport that allows you to bet through spring, summer and fall for nearly every day of the week, the possibilities of making big money from the MLB season are virtually listless. And the best part about Major League Baseball betting is that all you have to worry about in the MLB lines is picking winners in the money lines, as … click title for full article.
Understanding Favorites Wagering System

Understanding the Pro Baseball Betting System for Favorites

Written by on April 23, 2024

It is no secret that sports gamblers love to plunk down their money on favorites. This is a natural betting tendency that is evidenced in seasoned and rookie baseball bettors alike. And in their defense, these gamblers can be forgiven for trusting too much on the favorites, considering the majority of the media and online sports betting pundits spend nearly … click title for full article.
Top NHL Parlay Picks of the Week (Nov 14-20)

The NHL Stanley Cup Playoffs Betting 101

Written by on April 20, 2024

Unlike other sports that often have a linear performance where the hot teams in the regular season are the ones that are most likely to succeed most in the postseason sports betting odds, the NHL playoffs tend to unravel quite differently, with upsets and surprises reigning supreme in the Stanley Cup Playoff odds. Here are some top handicapping tactics and … click title for full article.
Do's and Dont's of Betting the MLB Over/Under

Do’s and Dont’s of Betting the MLB Over/Under Totals

Written by on April 18, 2024

If you are new to MLB total betting, check out this pro baseball online betting preview, taking a succinct look at the essential details you need to know about OVER/UNDER betting in Major League Baseball.   What Does Over/Under Mean in Betting?   What is MLB Total Betting? MLB total betting is a popular type of MLB line that involves … click title for full article.
How to Bet the MLB Grand Salami?

How to Bet the MLB Grand Salami – MyBookie Advice

Written by on April 18, 2024

The Grand Salami is easily one of the most popular bets in the modern-day MLB betting lines. The MLB Grand Salami simply refers to a proposition bet that allows bettors to wager on the total number of runs that will be scored in all games on a particular day. A good number of sportsbooks not only allow you to choose … click title for full article.
How to Bet Live on NHL

Complete Guide: How to Bet on NHL Games Live and Win

Written by on April 16, 2024

Live betting is the new goldmine for sports betting enthusiasts, and it is here to stay. So, the sooner you learn about how to reap profits through it, the better it will be for your pockets. In the article, we will be offering you an elementary guide on how to live bet on NHL odds and make loads of profits in the process. … click title for full article.
Sides vs Totals Debate Which Should You Be Betting

Sides vs. Totals Debate: Which Should You Be Betting?

Written by on April 14, 2024

Side betting and total betting are two of our most popular markets, which isn’t much of a surprise, given the insurmountable profits that come with wagering on either—or both—of the two options. With this in mind, we’ve decided to take a compare-and-contrast look at these two betting strategies so that bettors can know when to opt for one option or … click title for full article.
Help Center