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
Written by Henry Watkins on March 5, 2025
What are the traits of people who have long term success in sports betting? Is there a betting impact injured players? There are probably too many to list here, but we can all agree that they are likely disciplined and willing to put in the research time to help them figure out which wagers are potentially better than others. When … click title for full article.Written by Derrick Harper on March 5, 2025
A proposition bet, or simply a prop bet, is a type of wager on virtually anything other than the traditional betting on the moneyline, point spread or OVER/UNDER game totals and understanding player props is what we are here for. When we are talking about player props, reference is therefore being made to bet on the performance of an … click title for full article.Written by Henry Watkins on March 4, 2025
Now that the calendar has flipped over into the month of March, college basketball fans are surely rubbing their hands together in glee and preparing their strategies for betting. One of the biggest events on the sports calendar is almost upon us, with March Madness now closer than ever. This is a tournament that pulls in bettors who don’t normally … click title for full article.Written by David Strauss on March 3, 2025
With the MLB regular season coming to an end, we’ll soon be witnessing those one-game baseball matchups to determine the final qualifiers for the playoffs in the majors. MLB Play-In Game Strategy plays a crucial role here, as placing MLB bets on these winner-take-all showdowns is usually different from regular-season or postseason games, given their one-off nature and the … click title for full article.Written by Derrick Harper on February 28, 2025
Hedge betting is one of the most common practices in sports betting, with reasons for its usage varying from one person to another. The bottom line for hedged bets is, however, pretty straightforward–mitigating the damage of a poor wager or reducing/eliminating the risk of a given bet and securing winnings. Check out everything about how to utilize hedge betting … click title for full article.Written by Derrick Harper on February 27, 2025
If you’ve ever imagined yourself in the shoes of James Bond, effortlessly outsmarting baccarat opponents and walking away with the win, you’ll need to learn all about baccarat betting systems to make that dream a reality! Thanks to this expert breakdown of the most popular baccarat systems available today, we’ll show you everything you need to know to improve … click title for full article.Written by Henry Watkins on February 26, 2025
Spread Betting Tips for those of us who have been betting on sports for a long time, logging into our betting accounts and making our wagers for the day feels like second nature. The hard work, though, comes when deciding what games to wager on and what specific bets to make on any given day. We are going to … click title for full article.Written by Derrick Harper on February 26, 2025
If you want to expand your knowledge of casino betting games in an effort to increase your chances of winning, then you’re in luck! In an effort to help our casino betting faithful cash in early and often, I’m going to explain a top betting system for Online Craps… The always-popular 1-3-2-6 betting system! Okay, let’s get started. … click title for full article.Written by Henry Watkins on February 25, 2025
Boost your NFL bankroll with expert betting tips to ensure you’re prepared and ready for another thrilling season of football. And guess what? Ready or not, here I come with 5 Betting Tips for the next regular season! Despite the ongoing NBA and NHL seasons and MLB’s impending start, it’s not typically when most think about betting on football, … click title for full article.Written by David Strauss on February 25, 2025
Some sports lines, such as NHL and MLB, rarely have point spreads because these sports tend to be offer low scores, with the teams involved mostly totaling single digits in runs and goals, respectively, for the majority of the time. But owing to the love for point spreads, online sportsbooks are increasingly offering their own version of baseball point … click title for full article.Written by David Strauss on February 24, 2025
The key to any successful pro baseball betting total odds wager is to find lines that have value. In simple terms, value is the difference between the true chances of a team winning and the price that come with the MLB baseball total odds. In this article, we will be taking a look at some of the MLB total … click title for full article.Written by Derrick Harper on February 24, 2025
When it comes to online sports betting, a lot of people tend to place bets by going with their gut feelings. This strategy might sometimes work, but more often than not, it doesn’t. This is why professional sports bettors rarely go with their gut feelings, and instead opt for something more practical, like statistics. One of the most popular … click title for full article.Written by Derrick Harper on February 20, 2025
Football betting fans use the point spread to win and that is why here at MyBookie, we want to show you how to profit from it today. The point spread designed to provide more balance to a wager. If the Seattle Seahawks, the 2025 NFC champions (and almost Super Bowl champions), open against the Tampa Bay Buccaneers to start … click title for full article.