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 David Strauss on October 3, 2016
Placing winning bets in the MLB wild card games is not that different from successful MLB betting wagers in the regular season, as success is determined by usual baseball handicapping factors like starting pitchers, strength of bullpens, and winning vs. losing momentum, among other factors. There are, however, a few differences between playoff and regular-season betting, and if you can … click title for full article.Written by David Strauss on October 3, 2016
With the MLB regular season coming to an end, we’ll soon be witnessing those one-game baseball matchups to determine the final qualifiers for the playoffs in the majors. Placing MLB bets on these winner-take-all showdowns is usually different from the regular-season or postseason games, given their one-off nature and the heavy implications these matchups hold in regards to who makes … click title for full article.Written by David Strauss on September 24, 2016
The Paroli System is a roulette system that is increasingly considered as one of the most popular and appealing systems for bettors that are looking win big without necessarily having to wager huge amounts of money. Essentially, the Paroli system is derived from the Latin name “Par” which means “one that is equal”. And being a positive progressive betting system, … click title for full article.Written by David Strauss on September 23, 2016
So, it’s the end of the regular season and your team has won nearly 60 percent–or even more–of its games. Maybe the team even has the best record in its division or in the entire majors. That should probably mean that the MLB playoffs will be breezy for that team, right? Well, not necessarily, at least going by recent postseason … click title for full article.Written by David Strauss on September 23, 2016
Every pitcher dreams of a no-hitter performance at least once in their career. Very few, however, manage to accomplish it, no wonder the media and pretty much every baseball lover gets to make a big deal whenever a player is coming off a no-no. For most recreational bettors, a pitcher coming off a no-hitter is like a surefire sign to … click title for full article.Written by Jordan Walters on September 22, 2016
Gambling can be a fun and profitable endeavor, or can be frustrating with financial letdowns. All that largely depends on the gambling strategies, tactics and systems used by the punters. These terms—strategy, tactic and system—are often used confusingly and interchangeably by online betting fans. To help you avoid mixing up the terms, check out the sweeping explanations we’ve prepared for … click title for full article.Written by Jordan Walters on September 22, 2016
Online sports betting, just like any other money-minting business, requires a systematic approach in order for you to succeed. The problem, though, is that every the internet is flooded with articles and individuals that claim to have the best sportsbetting systems, and most of these systems don’t work. So how can you sieve through all that clutter and find the … click title for full article.Written by Eric Williams on September 22, 2016
Success with football betting systems is all about getting your fundamentals right and progressively learning about how to beat the sports betting odds. Below we have put together a brief collection of football betting systems, separating the ones that work and those that don’t. Here Are Football Betting Systems that Work The Kelly Criterion Football Betting System As a football … click title for full article.Written by David Strauss on September 5, 2016
There are plenty of different tips that professional handicappers use when advising bettors to wager in the betting lines, and one of the constantly recurring themes in most betting forums is that gamblers should keep away from myths. Here, we aren’t preaching a different gospel; we are all for shunning most of these myths. I mean, why would I believe … click title for full article.Written by David Strauss on September 3, 2016
The Multi bet wagering strategy is a fairly simple method of betting that entails staking on different events in one online 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 … click title for full article.Written by David Strauss on September 3, 2016
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.Written by David Strauss on September 3, 2016
While sports fans usually try to bet on winners and losers, with the draw option being a rarely used strategy. The reason for this is that it’s usually quite hard to predict draws, and that’s the reason why bookies offer pretty high betting odds on draw bets. Interestingly, though, is the fact that draw results are fairly very common, especially … click title for full article.Written by David Strauss on September 2, 2016
There are plenty of different tips that professional handicappers use when advising bettors to wager in the betting lines, and one of the constantly recurring themes in most betting forums is that gamblers should keep away from myths. Here, we aren’t preaching a different gospel; we are all for shunning most of these myths. I mean, why would I believe … click title for full article.