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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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Do's and Don'ts of Live Betting

Do’s and Don’ts of Live Betting

Written by on April 6, 2024

If you are interested in becoming part of the millions of people across the world that are reaping mega profits from live betting, there are certain do’s and don’ts that you will need to keep in mind before placing your wager. To play professionally and avoid the pitfalls of live betting, ensure that you consider the following elemental tips. Do’s … click title for full article.
Gambling on TV, Music and Films

Gambling on TV, Music and Films with MyBookie

Written by on April 6, 2024

Barely a decade ago, gambling on TV shows, Music, Films and other entertainment categories was more of a recreational form of betting reserved for a few entertainment betting enthusiasts. Fast-forward to 2016, the entertainment betting industry has blossomed to a rich business that attracts millions of punters across the world, especially in the US where we have a vibrant showbiz … click title for full article.
How to Get Max Value When Betting

How to Get Max Value When Betting

Written by on April 5, 2024

In sports betting, or any other form of betting for that matter, the aim for bettors is to get as much money as possible from the bookies or gambling opponents. In casino games, this process of extracting money from your opponents (especially when you have a winning hand) is known as maximizing the value of your hand. Sportsbetting is no … click title for full article.
Optimal Betting Strategy for Buying Points

Optimal Betting Strategy for Buying Points you Should Know

Written by on April 3, 2024

Buying points is a contentious subject that often draws divisive opinions from sports betting punters. On one hand, some bettors are open to the idea of buying points and half-points, doing is whenever there is a viable betting opportunity. On the other hand, other gamblers ridicule the idea and consider it as a negative practice that needs to be abolished. … click title for full article.
banroll-football-betting-odds

Wagering Tips: Managing Your Bankroll While Football Betting

Written by on April 1, 2024

It does not matter whether a player is betting for recreation or for earning good money, one of the factors for successful football betting is good management of your bankroll. With that in mind, let us give you some useful tips on football betting bankroll management: 1. Establish an upper limit and maintain it There are different levels of bets … click title for full article.
Types of Sports Bettors Find Out Who You Are

Types of Sports Bettors

Written by on March 29, 2024

From recreational bettors to sharps, the world of sports betting comes with all kinds of bettors who place wagers on a myriad of sporting events across the world, including the NFL Super Bowl, the MLB World Series, the NCAAB March Madness and the Soccer FIFA World Cup. Here’s a sweeping look at some of the common types of sports bettors, … click title for full article.
proportional betting

What is Proportional Betting?

Written by on March 29, 2024

Luck, research, inspiration and any other number of related factors can greatly help accentuate success and profitability in sports betting, but in the absence of a intelligible betting strategy, even the luckiest or best of players will eventually go broke from suffering unrecoverable losses. If you want to make a successful and sustainable run in the world of sports betting, … click title for full article.
MAR 29 - What Is Implied Probability In Online Betting

What Is Implied Probability In Online Betting?

Written by on March 29, 2024

The first thing you need to know about implied probability is that you don’t have to be a math whiz to figure it out, no matter how daunting the words may sound. You see, the concept, which can be used in numerous genres from stocks and bonds to sports betting, is simply a conversion of traditional odds into a percentage … click title for full article.
MAR 29 - All About Sweetheart Teasers The Good, Bad and Ugly

All About Sweetheart Teasers The Good, Bad and Ugly

Written by on March 29, 2024

While there’s nothing more that I like to do than make a value-packed teaser wager, you need to know that sweetheart teasers, which are also called monster teasers at many sportsbooks are not nearly as easy to cash in on and are basically designed to entice the hell out of you and far more often than not, pull your online … click title for full article.
MAR 29 - Introduction To Bankroll-Boosting Pleaser Bets

Introduction To Bankroll-Boosting Pleaser Bets

Written by on March 29, 2024

If you like stringing wagers together as part of a potentially bankroll-boosting parlay or teaser wager, then you should know that there is another way for you to cash in big by putting multiple bets together. You see, pleaser bets are another way for you to cash in big by betting on two or more teams, although you should know … click title for full article.
MAR 29 - Keys To Disciplined And Profitable Betting

Keys To Disciplined And Profitable Betting

Written by on March 29, 2024

If you want to be a profitable sports bettor (who doesn’t?) then you should know that there are several methods that can help you become more disciplined in your quests to cash in consistently. Now, let’s get started with my best discipline-building online betting tips.   In Depth Analysis On The Keys To Disciplined And Profitable Betting   Patience In … click title for full article.
Methods to Improve your Betting Income

Methods to Improve your Betting Income

Written by on March 28, 2024

Are you tired of being part of the increasingly growing statistics of bettors that can’t get a break from losing in the sportsbetting? Confession… A good number of us have been there. Good news, though, is that you can break away from that betting slump if you invest your time into knowing the right ways to improve your betting income. … click title for full article.
Expert Tips for Betting on the First Weeks of NFL

Expert Tips for Betting on the First Weeks of NFL

Written by on March 28, 2024

Do you bet on NFL preseason games? I hope you don’t because nobody does that anymore, unless you are looking for an easy option to waste away your bankroll. The first weeks of the NFL, on the other hand, offer genuine worth-venturing-on NFL betting opportunities. Yes, some teams are usually still in preseason mode in the first weeks of the … click title for full article.
Wagering on Moneyline or Straight Up Bets

Wagering on Moneyline or Straight Up Bets

Written by on March 28, 2024

There are several types of bets that can be made by sports gamblers, but none of those is as common and popular as the Moneyline or Straight up wager. You will find Moneyline odds for every sport and every game you can virtually think of, making it the most primary type of bet you need to know about when you … click title for full article.
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