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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 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

Understanding The Back And Lay Strategy

Understanding The Back And Lay Strategy – MyBookie Advice

Written by on August 20, 2024

Sports betting is a highly volatile market that usually comes its fair share of risks at any given time, so finding ways to minimize risks is very crucial if you are looking to get the best of your betting endeavors and maximize your profits. One of such methods to minimize your risks and increase your chances at profitability is the … click title for full article.
Multi Bet Betting Strategy

Multi Bet Betting Strategy

Written by on August 20, 2024

The Multi bet wagering strategy is a fairly simple method of betting that entails staking on different events in one betting ticket. Multi bets, also known as multi, accumulator, multiple, parlay or all-up bets, allows punters to potentially generate massive profits using low stakes. Of course, this comes with a big risk as well, since all the events in your … click title for full article.
2016-17 NBA Season Betting Props

Betting Guide: Understanding The Reverse Line Movement As A Betting Strategy

Written by on August 20, 2024

Described as “the most innovative and groundbreaking” betting strategy by some pundits and hog-washed as an “illusion” meant to mislead punters by others, the subject of Reverse Line Movement has been as popular as much as it has been divisive in the arena of online sports betting. So what really is the truth behind reverse line movement and how can … click title for full article.
Double Chance Betting Strategy Explained

Knowing the Double Chance Betting Strategy Explained

Written by on August 20, 2024

The simplicity and wide application of the double chance betting strategy has made it one of the most commonly used wagering options today, particularly in the world of soccer betting. As suggested by the name, a double chance bet allows you double your chances at winning. Below, we will cover the basics behind this betting strategy and how you can … click title for full article.
Optimal Strategy for Betting Road Favorites

Optimal Strategy for Betting Road Favorites – Expert Analysis

Written by on August 16, 2024

As college football betting lines enthusiasts everywhere likely know…there are favorites and then there are favorites! Some favorites are such easy picks that you wonder how the oddsmakers ever offered up such a valuable line while others appear to be virtual lock selections that end up leaving you crumpled on the floor in the fetal position after a crushing loss. … click title for full article.
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Discover How To Make Money With Matched Sportsbetting

Written by on August 12, 2024

Sportsbetting is one of the easiest and most proven ways of making good money in a quick and sustainable way. And this where matched betting comes in handy as a sweet tool to be exploited by both new and season sports bettors. Unlike normal gambling, where the gambler often ends up with losses, matched bettors can always be winners. The … click title for full article.
ufc-betting-guide

A Comprehensive Beginner’s Betting Guide to MMA

Written by on August 1, 2024

Mixed Martial Arts, commonly known in its acronym as MMA, is a sport that is intrinsically connected to sports betting, 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 … click title for full article.
how-to-bet-pleasers

Learn How To Bet Pleasers

Written by on July 27, 2024

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.
night-games

Sports Guide: How To Handicap Day and Night Baseball Games

Written by on July 27, 2024

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.
umpire

Analyzing the Umpires And Their Effect On MLB Betting Totals

Written by on July 27, 2024

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 Their Effect On MLB … click title for full article.
line-movements

How To Use Line Moves In Your Favor When Online Betting – MyBookie Advice

Written by on July 27, 2024

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.
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Explore How To Use Kelly Criterion in Online Sports Betting

Written by on July 26, 2024

When it comes to online sports betting, a lot of people tend to place bets by going with their gut feelings. This strategy might sometimes work, 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.
Online Betting 101 How To Avoid Availability & Optimism Bias

Sports Betting 101: Avoiding Availability & Optimism Bias

Written by on July 25, 2024

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 perfect trait to have in life, that’s not always the case, when you’re being ‘unrealistically’ optimistic, in fie, or in the sports betting world. … click title for full article.
roulette-casino

Exposing The Gambler’s Fallacy

Written by on July 23, 2024

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.
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