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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Written by Eric Williams on August 1, 2015
Mixed Martial Arts, commonly known in its acronym as MMA, is a sport that is intrinsically connected to sportsbetting, considering MMA’s biggest haven—the MGM Grand Arena—is based in Las Vegas. Over the recent times, names such as Conor McGregor and Ronda Rousey have dominated the MMA betting airwaves because of their stellar and dictating escapades in the increasingly popular sport … click title for full article.Written by Eric Williams on July 27, 2015
Pleaser bets, also known as reverse teasers, can be pretty complicated bets, which is why they aren’t recommended for people that are new to the world of sports betting. But, if you know how they work, you can use them to make bets that will provide you with some substantial payouts, and that is what this sportsbetting guide article will … click title for full article.Written by Eric Williams on July 27, 2015
Baseball is one of the few sports that has plenty of various ways to handicap, you can use the starting pitchers, grass fields vs turf fields, indoor stadiums vs outdoor stadiums, bullpens, and even errors to handicap games. Another way you can handicap baseball games is by using statistics from day and night games to figure out which team to … click title for full article.Written by Eric Williams on July 27, 2015
If you are new to MLB betting, there are a few things you need to understand about betting on the sport, and one of those things is that betting on the totals is probably the most profitable way to bet on baseball. If you are wondering why, the simple answer is because of umpires. Umpires and Total Runs When it … click title for full article.Written by Eric Williams on July 27, 2015
Line movements refer to the betting spread in a game moving in a direction or the other, and it is something that occurs quite frequently in the world of online betting. There are a few factors that influence these movements, and we will take this opportunity to talk about them and how to use them in your favor when betting … click title for full article.Written by Eric Williams on July 26, 2015
People that enjoy playing casino games, have different strategies that they use to place bets. Some of these strategies work, while others don’t. When it comes to card games, one of the most popular sportsbetting strategies people use is the reverse Martingale. Before discussing the reverse nightingale technique, it is important to understand what the Martingale technique is. The Martingale … click title for full article.Written by Eric Williams on July 26, 2015
When it comes to online sports betting, a lot of people tend to place bets by going with their gut feelings. This strategy might work sometimes, but more often than not, it doesn’t. This is why professional sports bettors rarely go with their gut feelings, and instead opt for something more practical, like statistics. One of the most popular statistical … click title for full article.Written by Eric Williams on July 24, 2015
There are a lot of betting systems that people use in order to make a profit when they are gambling, one of the most popular ones that people use today is also one of the most complicated systems out there: The cancellation betting system, or the Labouchere system. Want to know who it works? This sportsbetting guide article will explain … click title for full article.Written by Eric Williams on July 23, 2015
If you have ever bet on a casino game like roulette and have had red win 10 straight times, you probably thought that black was due for a win and placed a lot of money on it. Sometimes the online betting strategy pays off, but most of the time, it doesn’t. The truth of the matter is the chances of … click title for full article.Written by Eric Williams on July 22, 2015
There are plenty of betting strategies that people use to try and even the playing field against the house, with some of them being pretty effective… while others just aren’t. One of the effective systems that people use is the half-bankroll strategy. The half bankroll strategy is based on the idea that the longer you play the more you will … click title for full article.Written by Eric Williams on July 21, 2015
Oscar’s Grind is another one of those sports betting strategies that work well with even odds games, which makes it great for roulette and blackjack. This particular strategy, although similar to other strategies used for these types of games, is considered to be better than most of them. The premise behind Oscar’s Grind is to make bets and stop when … click title for full article.Written by Eric Williams on July 20, 2015
In online betting, many players choose to play Squares. You might be familiar with the game, since it is often played as an office pool where contenders put their initials on a 10×10 grid. Online betting Squares is generally played with the same square grid, with the name of one of the teams playing on the horizontal column, while the … click title for full article.Written by Eric Williams on July 16, 2015
There are plenty of ways to go about NBA betting, most people tend to go the traditional route with the point spread, money line, or over/under on the total amount of points scored. These are all good ways to bet on the games because they tend to be the safest, but there are other ways that people bet on basketball … click title for full article.