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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 betting tutorial hub. We’ll explain 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

Handicapping Starting Pitchers for MLB Bets

Handicapping Starting Pitchers for MLB Bets

Written by on June 16, 2016

The key to winning a bet regardless of sport is finding an advantage that you can pounce on. Obviously an online sportsbook knows this, however, and adjust their betting lines accordingly. I’m here to tell you that probably the biggest team advantage in the four major American sports is wagering on a superior starting pitcher in any baseball game. Taking … click title for full article.
How To Hedge A Sports Bet

How To Hedge A Sports Bet

Written by on June 14, 2016

Let’s say you just bought a house. You would want to protect your investment as much as possible, right? Of course you would. That’s what insurance is for; should something happen to your home, insurance keeps you from going potentially bankrupt. And that’s essentially what hedging a sports bet is. It’s a way to eliminate the risk or loss on … click title for full article.
Dealing With Sports Betting Losing Streaks

Dealing With Sports Betting Losing Streaks

Written by on June 14, 2016

When a professional sports team goes on a long losing streak, it can ruin their season — especially in football where the seasons are so short. You simply can’t afford to lose several games in a row and hope to make the NFL playoffs or the College Football Playoff. But a losing streak with your sports bets don’t have to … click title for full article.
How to Bet Home Teams In Championship Final Series

How to Bet Home Teams In Championship Final Series

Written by on June 7, 2016

If you bet NBA basketball online this weekend and you rolled with my Game 2 NBA Finals pick, ten you’re undoubtedly one happy camper. If not, then don’t worry…the expert NBA basketball betting analysis that you’re about to get you’ll have a much better chance of cashing in on every remaining game in the 2016 NBA Finals, not to mention, … click title for full article.
NFL Handicapping Betting Basics on The Weather

NFL Handicapping Betting Basics on The Weather

Written by on June 2, 2016

Weather has a small affect in Major League Baseball games. Obviously if it’s raining, then the game won’t be played. But those early-season or late-season game in cold-weather cities can be affected by the wintry weather. However, no American sports league or betting lines are more affected by weather than NFL games. So if you don’t check the forecast for … click title for full article.
NFL Handicapping Basics Home Field Advantage

How Home Field Advantage Affects the NFL Handicapping

Written by on June 1, 2016

Whether you’re a casual NFL fan or an avid follower and betting enthusiast…if there’s one thing you need to know all about when it comes to betting on NFL football, it’s how home field advantage affects oddsmakers’ decision-making and more importantly, what it means for pro football betting buffs everywhere. Thanks to this expert betting breakdown, you’re going to find … click title for full article.
Basic NFL Point Spread Handicapping Strategies

Basic NFL Point Spread Handicapping Strategies

Written by on May 31, 2016

If I’ve said it once, I’ve said it a thousand times. When it comes to cashing in on NFL betting, there’s more than one way to skin the proverbial cat! If you’re an NFL betting buff that is looking to make consistent positive returns (well, duh, who isn’t?) on your pro football betting investments, then you should know that there’s … click title for full article.
Basics Of MMA & UFC Online Betting

Basics Of MMA & UFC Online Betting

Written by on May 27, 2016

Boxing used to be one of the most popular sports in America — a Mike Tyson heavyweight fight would be one of the biggest events of the year. But since Tyson’s downfall, boxing has gone with him. Now it’s a niche sport and has been completely surpassed in online betting action by mixed martial arts, primarily the UFC. So what … click title for full article.
Round Robin Bets Explained

Round Robin Bets Explained

Written by on May 19, 2016

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, 2016

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.
Spread Betting Tips

Spread Betting Tips

Written by on May 19, 2016

If you looking to learn how to improve your spread online betting strategies, keenly read through the following laid-down tips for success. Spread Betting Tips   Knowing Your Market The scope of spread betting is enormous, allowing you to bet on anything from sports to financial markets to politics to house prices. To succeed as a punter, you must therefore … click title for full article.
Tips for Finding Quality MLB Underdogs

Tips for Finding Quality MLB Underdogs

Written by on May 19, 2016

During the 2015 MLB season, the St Louis Cardinals finished with the best record in nation at 100-62, good for a 61 percent winning percentage. The eventual World Series Champions of the season, the Kansas City Royals (95-67) had a winning percent of 56. Deductively, even the best teams in the MLB lose quite a high number of games. For … click title for full article.
The Horse Racing Multiple Betting System Explained

The Horse Racing Multiple Betting System Explained

Written by on May 19, 2016

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.
Usefull Tips for NFL Offseason Betting

Usefull Tips for NFL Offseason Betting

Written by on May 19, 2016

From the moment a Super Bowl Champion is crowned right up to the first week of the new season, countless online betting wagers are usually placed by NFL betting enthusiasts on a variety of NFL future bets. The majority of these bets particularly hit the betting boards once the free agency and the draft are in the books. While it … click title for full article.
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