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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

how-to-bet-teasers

NFL Betting Teaser Explained

Written by on May 14, 2024

I’ll never forget the day I learned all about teaser bets – because it changed my life forever! Sure, learning all about the fun-filled – and bankroll-boosting ways – of the teaser betting world wasn’t quite as thrilling as having my first child, but I’ll admit… It sure comes close! NFL Betting Teaser Explained Analysis All attempts at humor aside, … click title for full article.
Sportsbetting Bankroll

MyBookie Tips to Help Boost Your NFL Bankroll!

Written by on May 14, 2024

If you’re a sportsbetting fan that is looking for some expert tips to help you have a successful campaign, then there’s gonna’ be ‘high fives’ all around thanks to this fun-filled sports betting guide. You see, NFL gridiron gamblers everywhere, you’re going to be treated to five simple, yet constantly effective NFL betting tips you can use to help in … click title for full article.
NFL Betting on totals

How to Bet on Game Totals

Written by on May 14, 2024

If you like to take the guesswork out of which team is going to win, lose or cover the spread, then you’re in luck! Thanks to this mybookie.ag original sports betting guide, you’re going to learn all about making one of the easiest and most fun-filled there is: Betting on the total. Since haste makes waste, let’s get started. How … click title for full article.
NFL betting guide

NFL Betting Guidebook: Five ‘D’s’ for Successful Betting

Written by on May 13, 2024

If you’re an NFL betting aficionado that is gearing up for the upcoming 2015 NFL season and you’re looking to gather as much betting information as possible in an effort to maximize your chances for a successful season, then you’ve come to the right place! This fun-filled expert NFL betting column on your five ‘D’s’ for successful NFL betting will … click title for full article.
NFL betting guide

7 NFL Betting Tips for a Successful Bettor

Written by on May 13, 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. You’re about to get seven simple betting tips that you can use all season long as you look to cash in more … click title for full article.
reverse bets 2015

Sportsbetting 101: What are Reverse Bets?

Written by on May 12, 2024

A reverse bet typically involves a combination of two to four teams and is a hypothetical bet that works in both directions at the same time. These type of sports betting have dual action: if one bet turns out to be a win, a push or gets cancelled, no matter what the reason, the rest of the bets are placed. … click title for full article.
Reduced Juice Betting Explained

Reduced Juice Betting Explained

Written by on May 12, 2024

What if we told you that, instead of paying for the standard juice offered by most sportsbooks at 10 percent vig (equivalent to the betting value of -110), you can get a subsidized vig, vigorish or juice on each bet? That’s the exact benefit that comes with concept of reduced juice betting. Thanks to the evolution of online sportsbook betting … click title for full article.
How to Optimize Your Selection Process in Sports Betting

How to Optimize Your Selection Process in Sports Betting

Written by on May 10, 2024

Sports betting can be as simple and complicated as you want it to be, depending on the process in which you choose to select or optimize your bets. The good news is that you actually don’t need much knowledge to optimize your sports picks and bets, which makes it rather easy to have a lot of fun and make profits … click title for full article.
NFL Arbitrage Betting Explained

NFL Arbitrage Betting Explained

Written by on May 10, 2024

Despite its extensive popularity in NFL betting, arbitrage remains to be one of the most divisive sports betting techniques among gamblers. Simply put, NFL arbitrage betting is a wagering technique that focuses on finding value in the difference in the price (odds) in the NFL betting boards, hence offering the punters minimum risk and the potential to make long-term and … click title for full article.
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.
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.
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.
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