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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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Get up to Speed with the Sports Betting Articles

Handicapping Myths

Most Common Sportsbetting Handicapping Myths

Written by on March 17, 2016

Anyone looking to succeed in the billion-dollar money-minting world of sports betting will almost certainly have some set of rules to guide his/her way towards profitability in the sportsbetting lines. The problem, however, is that sports handicappers sometimes propagate myths regarding how to make profitable wagers, and oblivious bettors—who mistake the myths for helpful betting tips—bite and swallow the baits … click title for full article.
When betting on sports, what's best, early worm or hold until the end?

What Makes a Successful Sports Odds Bettor?

Written by on March 16, 2016

Anyone—including my nana—can pick a winner or two in sports betting. But if want to become a long-term and successful sports bettor like Gambler Extraordinaire, Billy Walters, then you will need more than just stringing up a couple of wins. No doubt, only a very small percentage of gamblers get sustained success in sports betting, but the truth is that … click title for full article.
Federer and Djokovic ATP 2016 Tennis Odds

Are Winning Streaks in Sports Betting Real?

Written by on March 16, 2016

Every team, good or bad as they may be, has to endure some sort of winning or losing streak in the sports betting lines. The same trends hold true for sports bettors who, sooner or later, equally have to deal with hot and cold betting streaks. This is all down to life’s proclivity for the unexpected, meaning that winning can … click title for full article.
Strategies for Betting Over Under in March Madness

Strategies for Betting Over/ Under in March Madness

Written by on March 15, 2016

When betting on a crazy upset-riddled season like the one we are having this year in the NCAAB lines, and you are entering the Madness of March that is filled with Cinderella teams and toss-up games; spotting the right SU or ATS picks can be absolutely torturing because there are no guarantees about what will happen in the hardwood. This … click title for full article.
3 Reasons Why To Bet On Kentucky To Win The College Basketball Title

How to Bet the First Round of March Madness

Written by on March 15, 2016

The 2016 NCAA Tournament, one of the arguably the basketball betting event in the world, will officially get underway this Tuesday, though the heart of March Madness will truly begin on Thursday with the Round of 64 games. Over a frantic span of span of days entering the weekend, we will have 32 games played across the nation as teams … click title for full article.
Halftime Betting Strategies and Tips for March Madness

Halftime Betting Strategies & Tips for March Madness

Written by on March 15, 2016

Halftime betting is increasingly becoming one of the most popular aspects of college basketball odds, and going by the manner in which NCAAB online bettors—recreational and sharps alike—are pregnant with anticipation about racking up major bucks in 2016 NCAA Tournament; we believe the halftime bets are going to be a really big deal in the three-week NCAA basketball betting marathon … click title for full article.
Most Popular Leagues to Bet On

Most Popular Leagues to Bet On

Written by on March 8, 2016

When you start talking about betting on sports, there are several popular leagues to bet on. Let’s take a look at a few of the favorites, at least here in the United States. Online sports betting is massive. How massive, last year during the NCAA tournament, $8 billion was bet on the tournament. $6 billion of that was illegally done. … click title for full article.
How many bets are too many

How many Bets are too Many?

Written by on February 21, 2016

Sports betting can provide a lot of thrills but getting carried away is all too easy and a common downfall of many sports bettors. Here we put together a quick betting guide listing principles that novice and avid sports bettors should always employ in order to avoid the potentially damaging consequence of compulsive betting. Compulsive Betting Without too much fuss, … click title for full article.
When betting on sports, what's best, early worm or hold until the end?

Early vs Late: What’s The Best Betting Strategy?

Written by on February 18, 2016

Whether you are a novice or advanced bettor, improving handicapping skills is only to your advantage. Become a better handicapper with these handy betting basic tips regarding the merits of early and late betting. The case for early vs. late betting is often be down to personal preference. Often the decision to bet early or late is a personal one. … click title for full article.

Newby Guide for Betting Live Lines

Written by on February 16, 2016

Never heard of live betting? Heard about it but never tried it? This beginner’s betting guide to the basics of live betting and its nuances is for you, enabling you to get quickly in on this increasingly popular online betting option. Newby Guide for Betting Live Lines What is Live Betting? Go to any reputable, leading online sportsbook today and … click title for full article.
Soccer League Best to Bet On

Which Soccer League is the Best to Bet On

Written by on February 16, 2016

With countless soccer leagues to choose from on the online soccer odds board, deciding which the best league is to bet on can be a challenge. Here we’ve put together a handy guide to help you make the optimum decision. Which Soccer League is the Best to Bet On   Whether you know it as soccer or football, it’s hands … click title for full article.
DOTA 2 Tournaments have strong followings.

Enter The World Of E Sports Betting, Dota 2

Written by on January 25, 2016

When you think eSports, one of the first names that pop right into your mind is Dota 2. Valve’s foray into the world of MOBAs is such a global phenomenon, that its fifth main tournament, simply named The International, broke a historical, general eSports record when its grand prize pool reached a mark of over $18,000,000 (USD)! We obviously play … click title for full article.
Las-Vegas-Sign-NFL-Betting-compressor

A Quick History of NFL Betting

Written by on December 21, 2015

Considering the manner in which football betting has hugely transformed through the years from placing your wagers with the neighborhood bookie to the current wagering with Las Vegas sportsbooks and phenomenal rise of online football odds and lines, you can’t help but marvel at the billion dollar industry that is now famously known as NFL betting. The changes and the … click title for full article.
rules-of-football-betting

Pertinent Rules of Football Betting

Written by on December 20, 2015

With Christmas approaching real fast, online football betting enthusiast couldn’t be any happier because the festive season comes with tons of money-minting opportunities. The NCAA basketball lines will be on fire, and so will the NBA betting odds. And if basketball is not your cup of tea, then you can tap in your juice from the overflowing NCAA Football bowl … click title for full article.
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