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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

MAY 10 - Tips On How To Bet Teams With Lousy Season Starts

Tips on How to Bet Teams with Lousy Season Starts

Written by on May 10, 2017

Let’s say you like the betting on the Atlanta Falcons in 2017, but the once, ‘Dirty Birds’ get off to, let’s say, a dismal 1-4 start after five weeks of play. Now, let’s say you want to make a wager on the Falcons at home against one of their NFC South division rivals in Week 6, but you’re not sure … click title for full article.
How to Bet Packers vs. Panthers NFL Week 15 Lines & Expert Pick

Determining Betting Impact Of Injured Players

Written by on May 10, 2017

When looking to determine how much of a betting impact an injured player has on his team’s chances of winning and losing. I’ve got a handful of great tips that will help you determine just how much of a betting impact an injured player has on his team and their chances of winning, depending on the sport, of course. Okay, … click title for full article.
MAY 10 - How To Choose A Betting Strategy Based On Your Favorite Sport

Choosing A Betting Strategy Based On Your Favorite Sport

Written by on May 10, 2017

Do you like to wager on multiple sporting events? Have you developed a specific betting strategy for each particular sporting genre or do you use the same system for every sport? No matter your answers to the aforementioned queries, you need to know that choosing a online betting strategy based on your favorite sports is of the utmost importance. Now, … click title for full article.
MAY 03 - Betting Non-Marquee Sports NASCAR, Golf, Tennis, WNBA

Betting Non-Marquee Sports NASCAR, Golf, Tennis, WNBA

Written by on May 3, 2017

Look, if you’re like me and you like to bet on non-marquee sport like NASCAR, golf, tennis or even some WNBA hoops action, then you probably feel some type of way about taking a back seat to more popular online betting sports like NFL football or NBA basketball. Well, I’m here to say, don’t get your panties in a bunch … click title for full article.
APR 19 - Horse Racing Bets Explained

Horse Racing Bets Explained

Written by on May 1, 2017

With the Kentucky Derby approaching, brand new beginners and casual horse racing bettors alike could likely use a refresher on just what kind of horse racing bets you can make on the most prestigious thoroughbred racing event in the United States. Thanks to the expert knowledge that you’re about to get, you’re going to know all about the types of … click title for full article.
Live Betting Tips & Strategies

Live In-Game Tips & Strategies

Written by on April 14, 2017

If you like making live, in-game, betting wagers and you’re in need of some expert tips to help you maximize your chances of consistently cashing in on games already underway, then consider your ticket punched. I’ve got a handful of expert live sports betting tips that will help you make the most out of your live, in-game betting bucks. Now, … click title for full article.
APR 12 - How Horseracing Quinella’s Work

How Horseracing Quinella’s Work?

Written by on April 12, 2017

When you’re new to betting on thoroughbred horses and you want to know what a ‘quinella’ is, then consider your ticket punched! Let me get started by explaining what an exotic wager is in the thoroughbred horse racing betting industry.   Here’s A Closer Look At How Horseracing Quinella’s Work?   Exotic Wagers An Exotic bet is any wager that … click title for full article.
APR 12 - Guide To Playing Baccarat

Guide To Playing Baccarat

Written by on April 12, 2017

If you’ve ever wanted to be James Bond, but you know nothing about Baccarat, then you’re in luck thanks to this expert betting guide on how to play the age-old casino game. Let’s get started with a bit of history on the beginning of baccarat. Did you know that baccarat is the French spelling for the Italian word baccarat, or … click title for full article.
APR 12 - All You Need To Know About Online Roulette

All You Need To Know About Online Roulette

Written by on April 12, 2017

For all players wanting to play roulette, but don’t know much about the age-old game, you’ve come to the right place. Instead of simply being played in a physical casino, like most every other casino game, it can now be played online from the comforts of your own home. While the once wildly popular casino game has now taken a … click title for full article.
APR 11 - Playoff And Postseason Betting Tips For Major Sports

Playoff And Postseason Betting Tips For Major Sports

Written by on April 11, 2017

With the start of the NHL playoffs just over 24 hours away and the ensuing start of the NBA playoffs getting underway on Saturday, now is the perfect time for some expert playoff and postseason online betting tips on both sports genres, with a little bit of football postseason betting tips thrown in for good measure. Let’s get started.   … click title for full article.
Zeke Elliot is back, which is why the Cowboys are the favorite option at the NFL Week 16 Betting Odds.

Optimal Prop Betting Strategy

Written by on April 11, 2017

If you love making props betting odds wagers and you’re wondering what the optimal strategy is to help you consistently cash in on pros bets whether they are season-long ventures or single-game wagers, then you’ve come to the right place. You see, when it comes to making winning props wagers, there simply may not be a more qualified handicapper/betting analyst … click title for full article.
APR 11 - How To Get Through A Losing Betting Streak

How To Get Through A Losing Betting Streak

Written by on April 11, 2017

For all players wanting to play roulette, but don’t know much about the age-old game, you’ve come to the right place. Instead of simply being played in a physical casino, like most every other casino game, it can now be played online from the comforts of your own home. While the once wildly popular casino game has now taken a … click title for full article.
APR 11 - Optimal Strategy For Betting The 2017 NBA Playoffs

Optimal Strategy For Betting The 2017 NBA Playoffs

Written by on April 11, 2017

All right ladies and gentleman, the end of the NBA Regular season is near, and with less than two weeks left in the game calendar, pro basketball bettors across the globe are starting to formulate their postseason betting plans in a big way. This is the time of the season where most NBA betting fans need of some expert playoff … click title for full article.
APR 10 - Betting Tips For The 2017 NHL Playoffs

Betting Tips For The 2017 NHL Playoffs

Written by on April 10, 2017

With the start of the 2016-17 NHL Stanley Cup Playoffs just over 48 hours away, puck betting buffs everywhere are in need of some expert betting advice that will help maximize their chances of cashing in early and often. Thankfully, that’s where I come in. Thanks to the handful of expert betting tips that you’re about to get, you’re going … click title for full article.
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