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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An Intro to Sports Betting: Spread Betting Tips

Written by Henry Watkins on May 27, 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.

Soccer Betting Win, Lose or Tie Odds Explained

Written by Eric Williams on May 26, 2025

As the most-watched sport on the planet, soccer commands massive attention at the betting window, making soccer betting explained a critical resource for those serious about understanding the game from a wagering perspective. And the best part about it is that you don’t need to be a guru in sports betting to place your wagers on soccer odds. Once … click title for full article.

All About 1-3-2-6 Betting System for Online Craps

Written by Derrick Harper on May 23, 2025

Looking for a simple betting system for online craps to improve your online strategy? The 1-3-2-6 system offers a disciplined betting method that appeals to both new and experienced players. 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! This strategy helps manage bets … click title for full article.

Explore How To Use Kelly Criterion in Online Sports Betting

Written by Derrick Harper on May 20, 2025

In online sports betting, picking winners is only half the battle and knowing how much to wager is just as important—and that’s where the Kelly Criterion comes in. This mathematical formula helps bettors optimize their bet sizes, manage bankrolls, and aim for long-term growth. Mastering the Kelly Criterion formula can give you a distinct edge in your sports betting … click title for full article.

Let’s See the 5 Betting Tips That Will Get You Ready for The NFL Season

Written by D.S. Williamson on May 15, 2025

The National Football League is the most popular professional football league in the United States, drawing millions of viewers and bettors each season. With 32 teams competing in a 17-game regular season followed by intense playoffs and culminating in the Super Bowl, the NFL offers thrilling action both on the field and in the world of sports betting. Boost … click title for full article.

Sportsbook Guide to Betting Baseball Run Lines You Must Know

Written by D.S. Williamson on May 13, 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, what we cal Baseball Run Lines. But owing to the love for point spreads, online sportsbooks are increasingly offering their own version of baseball point … click title for full article.

Getting to Know the MLB Betting Totals System with MyBookie

Written by D.S. Williamson on May 12, 2025

The key to any successful MLB Betting Totals 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 systems that have … click title for full article.

Sportsbetting Guide: Hedge Betting Explained

Hedge Betting in Sports: Risk Management Strategy that You Need to Know

Written by Derrick Harper on May 10, 2025

When it comes to smart sports wagering, few tactics are as practical—and misunderstood—as Hedge Betting. Whether you’re looking to minimize potential losses, reduce your exposure, or lock in a guaranteed profit, this is a strategy that can make all the difference. But what does hedge mean in betting, and how do you use it to your advantage? Let’s break … click title for full article.

Sports Betting Guide: Horse Racing Bets Explained

Get Your Horse Racing Bets Explained Today with MyBookie

Written by D.S. Williamson on May 8, 2025

Wagering on horse racing has been around for well over a century and remains the oldest of all betting venues. Horse racing gamblers that nail their value-laden picks often receive a large return for just a small investment. If you want to be part if that group, you need all the horse racing bets explained to get an understanding … click title for full article.

Sports Betting Guide: Understanding When to Bet Spread Betting vs. Money Lines?

Spread vs Moneyline? Let MyBookie Teach You When They Are the Best Bet

Written by Derrick Harper on May 5, 2025

In sports betting, two of the most popular wager types are moneyline and point spread bets, so that’s the reason for this post: Spread vs Moneyline? At the core, a moneyline bet is a straight-up wager on which team will win, regardless of the score. On the other hand, spread betting evens out the odds by assigning a point … click title for full article.

Learning How to Bet on Sports Takes Us to Betting Exhanges

Sports Betting Guide: What’s Exchange Betting and How Does it Work?

Written by D.S. Williamson on May 5, 2025

Over the recent years, Betting Exchanges have increasingly popular in sportsbooks, offering ardent bettors a variety of betting alternatives to the usual bookies with the promise of big rewards to the bettors. Traditional sportsbooks have long dominated the gambling landscape, but a different model is gaining traction—betting exchanges. If you’ve ever wondered “what is a betting exchange?,” you’re not … click title for full article.

How to Bet on Golf Tournaments: Win on Your Next Bet

Written by Derrick Harper on May 2, 2025

When it comes to choosing players at a golf tournament, there several different ways to narrow down the field when learning about how to bet on golf tournaments. Golf has become one of the most exciting sports for wagering, attracting fans and sharp bettors alike. Understanding the historical sports betting trends of a particular tournament is the best way … click title for full article.

Tennis Betting Tips and Advice

Written by Derrick Harper on May 2, 2025

Tennis is becoming a top sport to bet on as it offers matches nearly every day of the year (tennis betting tips… now you know where this is going.) With men’s and women’s tours running year-round, there are always options to get action, but remember the the tennis betting tips (they help you win). Many people like betting tennis … click title for full article.

A Quick History of NFL Betting to Know and Share

Written by Jordan Walters on May 1, 2025

Considering the manner in which football betting has hugely transformed over the years of History of NFL Betting. We are talking from placing your wagers with the neighborhood bookie to the current wagering with Las Vegas sportsbooks and phenomenal rise of online football odds and lines. You can’t help but marvel at the billion dollar industry that is now … click title for full article.

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