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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

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, 2024

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, 2024

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, 2024

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, 2024

The 2024/25 NCAA Tournament, one of 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 days entering the weekend, we will have 32 games played across the nation as teams begin their quest … click title for full article.
Halftime Betting Strategies and Tips for March Madness

Halftime Betting Strategies & Tips for March Madness this Season

Written by on March 15, 2024

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 massive deal in the three-week NCAA basketball betting marathon known … click title for full article.
Most Popular Leagues to Bet On

Most Popular Leagues to Bet On

Written by on March 8, 2024

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.
What are Straight Bets: MyBookie will give you the answers on the straight bet meaning

Sports Betting Guide: What are Straight Bets Types Of And How They Work

Written by on March 2, 2024

When it comes to sport wagering or betting, these bets are the most common in sports, but ever thought what are straight bets. As the the straight bet meaning implies, it is also known as “pick a team” or simply side bets, they involve choosing to bet on a contestant, team or the outcome of a game. In general, competitions … click title for full article.
online-betting-tips

Top Online Betting Tips: What are Teasers and How They Work

Written by on March 2, 2024

A Teaser is another major type of bet when it comes to sporting events. In its simplest form, a teaser is just a modified parlay bet – a type of wager made up of many single bets of separate sporting events. Using this principle, a teaser adds in interesting aspects of game point totals and/or point spreads to your regular … click title for full article.
how-to-bet-online

Learn How To Bet Online: If Bet Types And How To Play Them

Written by on March 2, 2024

An If bet is another type of bet that you can make on sporting events. It consists of at least two straight bets and not more than six combinations, tied together by an ‘if clause’ that governs or dictates the wagering process. If the first selection meets the conditions of the clause, the second selection will have action and so … click title for full article.
FEB 24 - Sports Betting Strategy Research Routine

Get ready for the Sports Betting Strategy Research Routine

Written by on February 24, 2024

Who better to write an article about sports betting research than a gut that absolutely lives for research? While I certainly never enjoyed doing any of the massive research work when I was a young student, today, I live for and love the benefits that ‘doing your homework’ as I like to call it, can bring you as a online … click title for full article.
FEB 23 - How To Effectively Use And Maximize A Sports Betting Free Play Bonus

How To Effectively Use And Maximize A Sports Betting Play Bonus: Guide to Win

Written by on February 23, 2024

If you’re a brand new online sports betting enthusiast or fairly recent one that wants to know all about how to effectively use and maximize a sports betting free play bonus, consider your ticket punched! Here’s how a sports betting free play bonus works.   How To Effectively Use And Maximize A Sports Betting Free Play Bonus Let’s say I … click title for full article.
How many bets are too many

Do you know How many Bets are too Many?

Written by on February 21, 2024

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. How many Bets are too Many? … 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, 2024

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.
FEB 17 - Blackjack Strategy, Systems And Tips

Learn about Blackjack Strategy, Systems And Tips

Written by on February 17, 2024

If you don’t know, blackjack is the most popular online casino game of all-time, with more ‘regular’ players than craps, roulette and baccarat combined. The game is simple – but not quite as easy to win at as some people think. Now, thanks to movies like the 2008 hit film ‘21’, a lot of casino goers have ambled up to … click title for full article.
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