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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Using BitCoin in Online Sportbooks & Casinos

BitCoin for Online Sportsbooks & Casinos

Written by Eric Williams on October 19, 2017

If you’re a sports betting enthusiast and you didn’t know that the now, popular bitcoin is being used in online sportsbooks in increasing fashion, then you’re due for a bit of a bitcoin education. Thankfully, that’s where I come in with some expert knowledge that will show you how the bitcoin is now ‘bad ass’ when it comes to being … click title for full article.

Secret Sports Betting Tips to Help You Beat Your Bookie

Written by Eric Williams on September 2, 2017

If you like keeping secrets, then you better not ever tell me one. That’s right…I’m ‘giving up the tapes’ on a handful of secret online sports betting tips and tricks that will help you beat your bookie, no matter how much everyone hates a tattle-tale. Secret Sports Betting Tips to Help You Beat Your Bookie ‘Cheating’ is Good … click title for full article.

Inside Money Line Betting Tips Only Experts Use

Written by Jordan Walters on August 29, 2017

If you’re either a college or pro football bettor that is looking for some expert betting tips that ‘go inside the money line’ then consider your ticket punched, even if it’s not for the latest Powerball haul that brought one lucky lady over $700 million just last week. While a vast majority of NFL bettors like to make against-the-spread (ATS) … click title for full article.

Online Betting 101 How To Avoid Availability & Optimism Bias

Sports Betting 101: Avoiding Availability & Optimism Bias

Written by Eric Williams on July 25, 2017

First and foremost, what is optimism bias? Well, it’s generally seeing the glass as half-full when there are more legitimate reasons to see it as half-empty. While being a positive, ‘half-full’ kind person is generally a really good trait to have in life, that’s not always the case, when you’re being ‘unrealistically’ optimistic, in fie, or in the sports betting … click title for full article.

NFL Betting Tips on How to Handicap Fading Teams

Written by Jordan Walters on July 14, 2017

What is fading a team in sports betting? It simply means betting against them in any game they are playing. It’s not always going to mean wagering against a team that’s lousy. For example, the Jacksonville Jaguars were just 3-13 last NFL season but they lost a lot of close games and managed to go 8-8 ATS. Here are some … click title for full article.

How to Recognize and Handicap Key NFL Betting Numbers

Written by Jordan Walters on July 12, 2017

Does your significant other spend every Sunday during football season (and Thursday and Monday nights and some late-season Saturdays) occupied with his betting? Then what better way to stay close to him by learning how to wager on the NFL? While it’s not exactly easy to win at NFL betting, it is pretty simple to follow. Here are some key … click title for full article.

3 Things You Should Never Ignore When Betting Online

Written by Jordan Walters on June 7, 2017

Whether you’re a brand new novice to online sports betting or a tried and true veteran that has seen it all, there’s one thing all online sports bettors should know. If you want to be successful no matter what sport you’re betting on, then there are a handful of tips that you should never ignore. You know, those kinds of … click title for full article.

5 Winning Tips For Betting On Tennis

Written by Eric Williams on June 5, 2017

With the 2017 French Open rolling right along and both, Wimbledon and the U.S. Open, quickly approaching, now is the perfect time for some expert tennis betting tips that will help you maximize your chances of cashing in on all of your racket wagers whether it’s a grand slam major or not. A Closer Look At The 5 Winning … click title for full article.

Five Questions You Should Ask Yourself When Betting On Sports

Written by Eric Williams on June 1, 2017

It doesn’t matter if you’re a longtime sports online betting enthusiast, new to the industry or have only been betting on sports for a short period of time. If you want to be a successful sports bettor, there are a handful of questions that you need to ask yourself – and answer honestly. Five Questions You Should Ask Yourself … click title for full article.

Understanding The 10 Commandments Of NFL Betting

Written by Eric Williams on June 1, 2017

Rules, rules, rules! Whether you were in elementary school, at home with mum or an adult in the work place, everyone has rules they need to follow. Some people love them and have no trouble abiding by them while others are far more militant (like me) and simply don’t like being told what to do. Nevertheless, if you’re already … click title for full article.

5 Betting Tips That Will Get You Ready For The NFL Season

Written by Eric Williams on May 31, 2017

It doesn’t matter if you’re a fan of the Spice Girls, NSync, the Backstreet Boys, Power Rangers or even the Jackson 5, if you like things that come in groups of five, then today is your lucky day. You see, if you’re gearing up for what looks like another exciting NFL season just waiting to happen and you want … click title for full article.

How To Bet The 2017 NBA Championship Series

Written by Henry Watkins on May 31, 2017

With the 2017 NBA Finals set to get underway in just over 24 hours, hardwood betting enthusiasts everywhere are looking to gather as much pertinent expert betting information as possible. Well, join the club. Who doesn’t want to maximize their chances of cashing in consistently? To that end, I’ve got just what the doctor ordered in the form of … click title for full article.

Despite playing on the road, the Pittsburgh Steelers are the NFL Betting favorites against the Ravens.

Betting Strategies On How To Dig Yourself Out Of Wagering Hole

Written by Eric Williams on May 25, 2017

It doesn’t matter if you’re currently in a betting hole or you’re wisely looking to avoid getting into one altogether, you need some expert betting tips on how to do just that. Thanks to years of experience in the sports betting industry, I’ve got a multitude of sage betting tips that will help you either get off the hole you’re … click title for full article.

MLB Interleague Betting Strategy

Written by Eric Williams on May 19, 2017

While the introduction of interleague play in baseball wasn’t initially received with a whole lot of fanfare 20 years ago, today, the cross-league matchups often featuring local rivals are widely accepted and even looked forward to by many baseball fans and betting enthusiasts. However, with these teams meeting rarely and not really knowing one another as well as they do … click title for full article.

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