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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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nfl-betting-tips

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

Written by on May 4, 2024

August is the month when all of us who follow NFL games start to think of how to decide on NFL Odds when placing our bets. If you are like us, you are into betting because you want to win! There are lots of bookies and their buddies who have “insider tips” as to what are winning bets. Of course, … 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.
nfl-betting-online

Know the Advantages of Using Online Sportsbooks for NFL Bettors

Written by on May 1, 2024

According to our current situation, people love to have convenience and comfort in everything that they do. Starting from businesses to services and industrial operations, every aspect of our lives is –in one way or another– related to the use of the internet to make our everything easier. It helps us complete our tasks in a quick and convenient manner … click title for full article.
jets-nfl-betting-lines

Analyzing and Understanding Line Movement in Online NFL Betting

Written by on April 30, 2024

When it comes to online NFL betting and line movement, several views are out there. Some of these contradict one another, but there is no set system of rules for winning at football betting – if there were, everyone would be a winner. Instead, it’s the bookmakers who keep surviving year in and year out, while the bettors end up … click title for full article.
bet-on-point-spreads

How to Bet on Sports: Point Spreads and NFL Betting

Written by on April 30, 2024

So you pull up your favorite betting website to see what the numbers are for the upcoming Sunday action in the National Football League. One game has the home team at -4, while another has the visitors at +10.5. It’s important to understand in a specific way what these numbers mean and how to use them toward your own advantage. … click title for full article.
moneyline-betting

How Moneyline Betting Works in the NFL

Written by on April 30, 2024

When it comes to handicapping NFL games each week, the point spread is the favored method. However, some sites offer the moneyline method as well. This requires you to bet on one of the two teams, and the winning team is the one that pays off. The differential in the amount reflects the handicap. How Moneyline Betting Works in the … click title for full article.
inflated-point-spreads

Betting Tips: How to Handle Inflated Point Spreads

Written by on April 30, 2024

When it comes to wagers in the NFL, the key is to look for the right value. In many NFL games, the point spreads that favor one team or the other are often excessive in size. Using these point spreads as the basis of wagers stops becoming a sound strategy when they inflate to the point of losing value. In … click title for full article.
how-to-bet-on-horses-tips

Horse Betting 101 – How to Bet On Horses

Written by on April 28, 2024

It doesn’t matter if you’re a longtime horse racing betting aficionado or a casual bettor that just like to wager on the sport’s biggest races, when it comes to making successful wagers on one of the world’s oldest wagering activities, then you should know there are several keys that all bettors should follow. Wagering on horse racing has been around … click title for full article.
NFL 101

Sports Betting Analysis: 10 Factors to Consider When Looking at NFL Lines

Written by on April 27, 2024

Have you ever seen a betting line on an NFL game that had you scratching your head? If you’ve been wagering on football, for any time at all, you’ve experienced that feeling. It can have you asking yourself “I wonder if somebody knows something?” That’s why we’ve put together this list of 10 factors you should consider when looking at NFL lines.
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