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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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Get up to Speed with the Sports Betting Articles

soccer-betting-guide-cover-2015

Everything You Need to Know About Handicap Soccer Betting

Written by on June 12, 2024

Gianni Infantino, FIFA, UEFA Champions League… Do any of these names ring any bells for you? If they do, then you certainly want to read the explanation about Handicap Soccer that we have prepared for you below: Handicap Soccer Betting Explained Like most sports, different soccer teams across the world have varying degrees of talent, financial strengths, home vs. away … click title for full article.
Jets Disappointment

When to Bet on Heavy Underdogs?

Written by on June 11, 2024

The higher the risk, the bigger the payout! Since time immemorial, that has been the guiding psychology for many high-achievers in nearly all the important spectrums of life. It therefore unsurprisingly serves to reason that some of the biggest winners in the history of Sportsbetting are people who’ve risked greatly by betting on the heaviest of underdogs. But is it … click title for full article.
contrarian-betting-strategy

Analyzing the Contrarian Betting Strategy: What is it and How to Use it for Sports Betting

Written by on June 10, 2024

Often in the world Sportsbetting, we encounter circumstances where there is an overwhelming hype about particular teams or players, which make the casual bettors to overreact and wager on such teams. A good number of times, the hype of a team, let’s say the Boston Celtics in the NBA Finals, is an indicator of how the general betting public feels … click title for full article.
sports-betting-tips-2015

Perfect Sports Betting Situations To Use Teasers

Written by on June 10, 2024

For people that aren’t very familiar with sports betting terms, a teaser is simply a modified parlay, and follows the same principles of a parlay bet. The only difference is that with a teaser, you get to buy a certain amount of points, which allow you to modify the point spreads, or the total points on the over/under bets. Interestingly, … click title for full article.
Sports Betting Tips

3 Things You Should Never Ignore When Betting Online on Sportsbooks

Written by on June 7, 2024

Whether you’re a brand-new novice to online sports betting or a tried and true veteran that has seen it all, there’s one thing all online sports bettors should know. If you want to be successful no matter what sport you’re betting on, then there are a handful of tips that you should never ignore. Betting Online on Sportsbooks: 3 Things … 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, 2024

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.
JUN 05 - 5 Winning Tips For Betting On Tennis

5 Winning Tips For Betting On Tennis

Written by on June 5, 2024

With the French Open rolling right along and both, Wimbledon and the U.S. Open, quickly approaching, now is the perfect time for some expert tennis betting tips that will help you maximize your chances of cashing in on all of your racket wagers whether it’s a grand slam major or not.   A Closer Look At The 5 Winning Tips … click title for full article.
NFL Handicapping Betting Basics on The Weather

NFL Handicapping Betting Basics on The Weather

Written by on June 2, 2024

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, 2024

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.
JUN 01 - Five Questions You Should Ask Yourself When Betting On Sports

Five Questions You Should Ask Yourself When Betting On Sports

Written by on June 1, 2024

It doesn’t matter if you’re a longtime sports online betting enthusiast, new to the industry or have only been betting on sports for a short period of time. If you want to be a successful sports bettor, there are a handful of questions that you need to ask yourself – and answer honestly.   Five Questions You Should Ask Yourself … click title for full article.
JUN 01 - Understanding The 10 Commandments Of NFL Betting

Analysis On The Understanding The 10 Commandments of NFL Betting

Written by on June 1, 2024

The 10 Commandments of NFL Betting: Rules, rules, rules! Whether you were in elementary school, at home with mum or an adult in the work place, everyone has rules they need to follow. Some people love them and have no trouble abiding by them while others are far more militant (like me) and simply don’t like being told what to … click title for full article.
sportsbetting-money-tree-2015

Gambling Whose Time Has Come Written

Written by on June 1, 2024

When it comes to Las Vegas, virtually anything can have odds, and therefore you can profit from it. That’s been true almost since the beginning, but with the legalization of gaming in so many states, not to mention the phenomenal growth of the Internet, and all of the gambling opportunities available with it, betting on sports has done nothing but … click title for full article.
Basic NFL Point Spread Handicapping Strategies

Basic NFL Point Spread Handicapping Strategies

Written by on May 31, 2024

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.
Sportsbetting Guide

Analyzing Strategy & Tips for Successful Sportsbetting:

Written by on May 26, 2024

If you’ve found some early success with online sportsbetting, even if you’ve gotten to the point where you have made some websites close your accounts, it’s easy to run from a good rut into an awful one. Those bets that were golden, those runs that never seemed like they wouldn’t end, eventually turn south. Underdogs start winning right and left, … click title for full article.
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