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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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Do's and Don'ts of Live Betting

Do’s and Don’ts of Live Betting

Written by on April 6, 2016

If you are interested in becoming part of the millions of people across the world that are reaping mega profits from live betting, there are certain do’s and don’ts that you will need to keep in mind before placing your wager. To play professionally and avoid the pitfalls of live betting, ensure that you consider the following elemental tips. Do’s … click title for full article.
Gambling on TV, Music and Films

Gambling on TV, Music and Films

Written by on April 6, 2016

Barely a decade ago, gambling on TV shows, Music, Films and other entertainment categories was more of a recreational form of betting reserved for a few entertainment betting enthusiasts. Fast forward to 2016, the entertainment betting industry has blossomed to rich business that attracts millions of punters across the world, especially in the US where we have a vibrant showbiz … click title for full article.
How to Get Max Value When Betting

How to Get Max Value When Betting

Written by on April 5, 2016

In sports betting, or any other form of betting for that matter, the aim for bettors is to get as much money as possible from the bookies or gambling opponents. In casino games, this process of extracting money from your opponents (especially when you have a winning hand) is known as maximizing the value of your hand. Sportsbetting is no … click title for full article.
Betting is not only a thing of luck, there's strategies in it that will help you make bank.

Understanding When to Bet Spread Betting vs. Money Lines

Written by on April 5, 2016

The debate about whether the money line is a smarter play than the point spread is a topic that has drawn varied opinions from the online sports betting public and continues to cause ripples among pundits and bettors alike. Learn how to bet on point spread vs. money line betting and the advantages that come with both options. When to … click title for full article.
Optimal Betting Strategy for Buying Points

Optimal Betting Strategy for Buying Points

Written by on April 3, 2016

Buying points is a contentious subject that often draws divisive opinions from sportsbetting punters. On one hand, some bettors are open to the idea of buying points and half-points, doing is whenever there is a viable betting opportunity. On the other hand, other gamblers ridicule the idea and consider it as negative practice that needs to be abolished. Whatever your … click title for full article.
Teaser Betting Strategy & Understanding Teaser Odds

Teaser Betting Strategy & Understanding Teaser Odds

Written by on March 31, 2016

A teaser bet is one of the most popular forms of sports wagering for most gamblers across the world. In case you are not familiar with it, worry not as we’ll be explaining this easy-to-understand and highly-profitable sports betting strategy in this article. Teaser Betting Strategy & Understanding Teaser Odds What is a Teaser Bet? Simply explained, a teaser bet … click title for full article.
Types of Sports Bettors Find Out Who You Are

Types of Sports Bettors

Written by on March 29, 2016

From recreational bettors to sharps, the world of sports betting comes with all kinds of bettors who place wagers on a myriad of sporting events across the world, including the NFL Super Bowl, the MLB World Series, the NCAAB March Madness and the Soccer FIFA World Cup. Here’s a sweeping look at some of the common types of sports bettors, … click title for full article.
proportional betting

What is Proportional Betting?

Written by on March 29, 2016

Luck, research, inspiration and any other number of related factors can greatly help accentuate success and profitability in sports betting, but in the absence of a intelligible betting strategy, even the luckiest or best of players will eventually go broke from suffering unrecoverable losses. If you want to make a successful and sustainable run in the world of sports betting, … click title for full article.
Methods to Improve your Betting Income

Methods to Improve your Betting Income

Written by on March 28, 2016

Are you tired of being part of the increasingly growing statistics of bettors that can’t get a break from losing in the sportsbetting? Confession… A good number of us have been there. Good news, though, is that you can break away from that betting slump if you invest your time into knowing the right ways to improve your betting income. … click title for full article.
Expert Tips for Betting on the First Weeks of NFL

Expert Tips for Betting on the First Weeks of NFL

Written by on March 28, 2016

Do you bet on NFL preseason games? I hope you don’t because nobody does that anymore, unless you are looking for an easy option to waste away your bankroll. The first weeks of the NFL, on the other hand, offer genuine worth-venturing-on NFL betting opportunities. Yes, some teams are usually still in preseason mode in the first weeks of the … click title for full article.
Wagering on Moneyline or Straight Up Bets

Wagering on Moneyline or Straight Up Bets

Written by on March 28, 2016

There are several types of bets that can be made by sports gamblers, but none of those is as common and popular as the Moneyline or Straight up wager. You will find Moneyline odds for every sport and every game you can virtually think of, making it the most primary type of bet you need to know about when you … click title for full article.
Is it Worth Betting on the NFL Preseason

Is it Worth Betting on the NFL Preseason?

Written by on March 28, 2016

Admittedly, I never pay much attention to the NFL preseason because nearly everything about it and the related NFL betting odds are often skewed up. Rookies are overhyped, free agents are overrated and preseason trainings are exaggerated. And as far as on-field rosters are concerned, you never know who will be playing and how long they will be on the … click title for full article.
Identifying Profitable Prop Bets

Identifying Profitable Prop Bets

Written by on March 28, 2016

For professional bettors or those looking to make some extra from the traditional forms of sportsbetting, prop bets can be a lucrative option to look into. If you’ve been in the sportsbetting industry for a while now, then you are probably well vast with the intricacies of prop betting. But if you haven’t, don’t worry: we’ll explain all the basics … click title for full article.
Profits vs Loss

Most Common Risk Factors in Sports Betting

Written by on March 27, 2016

Do you love the adrenaline and profits that come with wagering in the betting lines and coming out with big profits? So do we! Fortunately or unfortunately, betting—especially sportsbetting—comes with several risk factors that need to mastered if we are to avoid sinking into the oblivion of bad irreparable losses and lifelong debts that have, for so long, been the … click title for full article.
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