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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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MAY 10 - Tips On How To Bet Teams With Lousy Season Starts

Tips on How to Bet Teams with Lousy Season Starts

Written by on May 10, 2024

Let’s say you like the betting on the Atlanta Falcons in 2017, but the once, ‘Dirty Birds’ get off to, let’s say, a dismal 1-4 start after five weeks of play. Now, let’s say you want to make a wager on the Falcons at home against one of their NFC South division rivals in Week 6, but you’re not sure … click title for full article.
How to Bet Packers vs. Panthers NFL Week 15 Lines & Expert Pick

Determining Betting Impact Of Injured Players: Betting Guide

Written by on May 10, 2024

When looking to determine how much of a betting impact an injured player has on his team’s chances of winning and losing. I’ve got a handful of great tips that will help you determine just how much of a betting impact an injured player has on his team and their chances of winning, depending on the sport, of course. Okay, … click title for full article.
MAY 10 - How To Choose A Betting Strategy Based On Your Favorite Sport

Try Choosing A Betting Strategy Based On Your Favorite Sport

Written by on May 10, 2024

Do you like to wager on multiple sporting events? Have you developed a specific betting strategy for each particular sporting genre or do you use the same system for every sport? No matter your answers to the aforementioned queries, you need to know that choosing a online betting strategy based on your favorite sports is of the utmost importance. Now, … click title for full article.
Using Stats, Trends and Other Statistical Betting Tools in Sports Betting

Using Stats, Trends and Other Statistical Betting Tools

Written by on May 10, 2024

Over the last couple of decades, the use of innovative online sports betting software, statistical systems and betting trends have become an unavoidable requirement for bettors looking to make smarter bets. You don’t have to be to be a statistician or a mathematics guru to benefit from the sportsbetting tips detailed below; all you need is to have an open … click title for full article.
Sportsbetting Guide Hedge Betting Explained

Sportsbetting Guide: Hedge Betting Explained

Written by on May 9, 2024

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. Basically, hedging entails betting on both sides of an event, … click title for full article.
Gamblers Falacy

Gambler’s Fallacy Explained

Written by on May 9, 2024

The gambler’s fallacy, also known as the fallacy of the maturity of chances or the Monte Carlo fallacy, is an incorrect but popular belief that, if something happens less frequently than normal during a particular duration, it will most likely happen more frequently in the future, or that if something happens more frequently than normal during a given duration, it … click title for full article.
Betting Value

Principles of Value Betting

Written by on May 7, 2024

Value betting is a term that can be loosely used to refer to many things, but the most generally accepted definition is the ability of gambler to place bets that guarantee good value (winnings) over an extended period. Sustained value in betting calls for several factors and principles to come in play, but the most common denominator in all value … click title for full article.
nfl-betting-tips

Seven Tips That Gambling Pros Use to Win When Betting on NFL

Written by on May 4, 2024

If you’re an NFL betting enthusiast that is looking for some assistance with your efforts to pull off a successful 2015 betting campaign, then you’re going to be one happy camper thanks to this fun-filled NFL betting guidebook. August is the month when all of us who follow NFL games start to think of how to decide on NFL Odds … click title for full article.
MAY 03 - Betting Non-Marquee Sports NASCAR, Golf, Tennis, WNBA

Betting Non-Marquee Sports NASCAR, Golf, Tennis, WNBA

Written by on May 3, 2024

Look, if you’re like me and you like to Betting Non-Marquee Sports like NASCAR, golf, tennis or even some WNBA hoops action, then you probably feel some type of way about taking a back seat to more popular online betting sports like NFL football or NBA basketball. Well, I’m here to say, don’t get your panties in a bunch people, … click title for full article.
sports-betting-winning-streaks

Sports Betting Questions to Ask at the End of a Streak

Written by on May 2, 2024

If you’ve ever followed an NFL team while it’s hot, you know that some sports betting fans love to jump on a good bandwagon, while others try to figure out just when that hot streak will get a big ice bath. With the exception of the 1972 Miami Dolphins, of course, every team has had their winning streak come to … click title for full article.
betting-guide

How to Handle the Next Game After a Betting Loss

Written by on May 1, 2024

Week in and week out, the NFL always delivers surprises. The parity at work in the league means that a team that has jumped out to a 4-0 start can falter to 4-2, and a team that is 1-6 can beat last year’s Super Bowl champion. The level of skill differential between the two teams on the field simply isn’t … click title for full article.
nfl-point-spreads

How NFL Point Spreads Work

Written by on May 1, 2024

The point spread is nothing unique to games in the National Football League. Placing bets in just about any sport involves working with handicaps that make the betting field more even. If you want to succeed with your betting, it’s crucial to understand how NFL point spreads work. How NFL Point Spreads Work When handicappers set lines for a particular … click title for full article.
Pats vs Raiders NFL

Whether the Weather is a Factor in NFL Sports Betting

Written by on May 1, 2024

Should you analyze weather when placing your bets? Whether the Weather is a Factor in NFL Sports Betting When we look at the past, it is evident that certain games have been famously affected by the weather conditions. For example, let’s mention the game that the Oakland Raiders lost to the Patriots—The Snow Bowl in the 2002 AFC Divisional game. … click title for full article.
how-to-bet-parlays

Sports Betting Guide: Parlay Betting and NFL

Written by on May 1, 2024

The choice of the parlay in sports betting is attractive to many gamblers. Parlay betting comes in many different varieties, with the single-sport option the most common. In this sort of parlay, a bettor chooses between two and ten games (or even more), all in the same sport, such as the NFL. If the parlay involves three teams, you’re betting … click title for full article.
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