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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

Zeke Elliot is back, which is why the Cowboys are the favorite option at the NFL Week 16 Betting Odds.

Optimal Prop Betting Strategy

Written by on April 11, 2024

If you love making props betting odds wagers, and you’re wondering what the optimal strategy is to help you consistently cash in on pros bets whether they are season-long ventures or single-game wagers, then you’ve come to the right place. You see, when it comes to making winning props wagers, there simply may not be a more qualified handicapper/betting analyst … click title for full article.
How To Get Through A Losing Betting Streak

Explore How To Get Through A Losing Betting Streak

Written by on April 11, 2024

For all players wanting to play roulette, but don’t know much about the age-old game, you’ve come to the right place. Instead of simply being played in a physical casino, like almost every other casino game, it can now be played online from the comforts of your own home. While the once wildly popular casino game has now taken a … click title for full article.
APR 10 - Betting Tips For The 2017 NHL Playoffs

Betting Tips For The NHL Playoffs

Written by on April 10, 2024

With the start of the NHL Stanley Cup Playoffs just over 48 hours away, puck betting buffs everywhere are in need of some expert betting advice that will help maximize their chances of cashing in early and often. Thankfully, that’s where I come in. Thanks to the handful of expert betting tips that you’re about to get, you’re going to … click title for full article.
Tips On Better Understanding The Bookmakers Advantage

Good Tips On Better Understanding The Bookmaker’s Advantage

Written by on April 9, 2024

Success in sportsbetting, even for the best of the best gamblers, is hard to sustain over a long duration. This is because of several reasons, one of which is that bookmakers often use certain strategies to ensure that they always have some sort of advantage over you. To master the art of beating your bookies on a consistent basis, you … click title for full article.
Is Paying for Picks Worth it

Is Paying for Picks Worth it?

Written by on April 7, 2024

The question about the viability of buying sports betting picks is something that has been popularly discussed in many sports handicapping forums without any consensus being reached. For a select few shrewd businessmen that take sportsbetting as a serious investment, paying for picks is a time-saving business model that has resulted in good profits. For the majority of the remaining … click title for full article.
APR 07 - Early Season MLB Betting Mistakes

Early Season MLB Betting Mistakes

Written by on April 7, 2024

The MLB regular season just begun, and with a total of 162 games in each team’s calendar, you may want to avoid the costly, early season betting mistakes that put a lot of bettors in the red right out of the gate. There’s no need to worry, thanks to the expert MLB betting advice that you’re about to get, you’re … click title for full article.
APR 07 - Optimal Strategy For Betting The NBA Playoffs

Optimal Strategy For Betting The NBA Playoffs at MyBookie

Written by on April 7, 2024

We are just days away from the 2017 NBA postseason, and pro basketball fans across the globe are starting to formulate their postseason NBA betting plans in a big way. We all want to bet and win, but there are plenty of strategies and tips that can help bettors to ease their chance to hit a winning prediction. Regardless of … click title for full article.
APR 07 - Handicapping Guide For MLB Win Totals

Handicapping Guide for MLB Win Totals Guide

Written by on April 7, 2024

For all the MLB betting aficionados that love taking the guesswork out of making often difficult Moneyline or Run Line wagers by simply betting on the total, you’re going to love the expert MLB total betting tips that you’re about to get. In an effort to help you cash in consistently over the course of the MLB season, I’ve got … click title for full article.
APR 07 - Basketball Betting Strategy Playing Favorites

Basketball Betting Strategy Playing Favorites, Expectations and Numbers

Written by on April 7, 2024

Are you an NBA betting enthusiast that likes to ‘keep it simple’ by backing the favorite more often than not? Do you simply want to back the team perceived to be ‘better’ ballclub and call it a night? Well, if you do, then you should know that handicapping and cashing in on favorites come NBA playoff time isn’t quite that … click title for full article.
Analyzing Betting On Politics Around The World with MyBookie's Expert

Analyzing Betting On Politics Around The World with MyBookie’s Expert

Written by on April 6, 2024

One of the fastest growing segments for sportsbooks and bettors in the modern-day betting world is gambling on politics. With the increasing growth of technology and political positions, betting on politics—which was previously a rarity—has now become a popular and serious market, with more and more punters embracing the idea and turning to sportsbooks to wager on various political events … click title for full article.
Do's and Don'ts of Live Betting

Do’s and Don’ts of Live Betting

Written by on April 6, 2024

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 with MyBookie

Written by on April 6, 2024

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 a 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, 2024

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.
Optimal Betting Strategy for Buying Points

Optimal Betting Strategy for Buying Points you Should Know

Written by on April 3, 2024

Buying points is a contentious subject that often draws divisive opinions from sports betting 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 a negative practice that needs to be abolished. … click title for full article.
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