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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Matched Betting Explained: Proven Strategy Guide & Tips

Written by Eric Williams 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.

Learn How To Bet Pleasers

Written by Eric Williams 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.

Sports Guide: How To Handicap Day and Night Baseball Games

Written by Eric Williams 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.

Online Betting 101 How To Avoid Availability & Optimism Bias

Sports Betting 101: Avoiding Availability & Optimism Bias

Written by Eric Williams 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.

Exposing The Gambler’s Fallacy

Written by Eric Williams 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.

Sportsbook Glossary: Ii

Written by Eric Williams on July 21, 2024

I IBF International Boxing Federation. Icing Ice Hockey A type of infraction that occurs when a player shoots the puck across both the center red line and the opposing team’s goal line, and the puck remains untouched. However, it is not icing if the puck is shot from behind the halfway line into the goal, or when the shot must … click title for full article.

The Keys To Developing A Winning Mindset

Written by Eric Williams on July 18, 2024

If you want to become a consistent winning sports betting enthusiast, then you should know that it starts with developing a wining mindset, long before you make your first online betting or casino sports wager. Thanks to this expert look at the handful of keys to a winning mindset, you’re going to be much better off when you go to … click title for full article.

How To Make Cash From Momentum Swings in MyBookie

Written by Eric Williams on July 16, 2024

There are plenty of ways to go about NBA betting, most people tend to go the traditional route with the point spread, money line, or over/under on the total amount of points scored. These are all good ways to bet on the games because they tend to be the safest, but there are other ways that people bet on basketball … click title for full article.

Key Numbers In Sports Betting

Written by Eric Williams on July 15, 2024

Sportsbetting is a game of numbers, with virtually every aspect of it—be it moneylines or point spreads—dealing with figures of some sort. The importance of these numbers is more profound when we are shopping for the best online betting lines from our sportsbooks. So if all numbers are important in sports betting, what then are the key numbers in sports … click title for full article.

Sides vs Totals: Where Should You Place Your Bets?

Written by Eric Williams on July 15, 2024

Should I bet sides or totals? This is the question that is on the mind of a lot of sports betting fans, especially those that are just starting out. The problem with the question is that there is no real answer. Some people have been very successful betting sides, while others have had as much success betting the totals. When … click title for full article.

NFL Betting Tips on How to Handicap Fading Teams

Written by Jordan Walters on July 14, 2024

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.

Pros & Cons of Betting NFL Preseason Games

Written by Eric Williams on July 14, 2024

The NFL preseason is what coaches use to determine which players will make their final roster, which is why the projected starters don’t get a lot of playing time. But despite the fact that backups play the bulk of the minutes during preseason, people still can’t resist the urge to bet on the games. Some people believe that betting NFL … click title for full article.

Non-Marquee Sports With Profits From College and Pro Sports

Written by Henry Watkins on July 13, 2024

The NBA, NFL, NHL and MLB are without doubt the most followed sports across the world, attracting a lot of attention in the sportsbooks in and off the season. Essentially, that’s the reason Oddsmakers and Bookmakers usually take a lot of time in creating and adjusting the betting lines of these sports, making it rather difficult to make consistent profits … click title for full article.

Each Way Double Explained Doubles and Each-Way Doubles

Each Way Double Explanation For Doubles and Each-Way Doubles

Written by Henry Watkins on July 13, 2024

The Each Way Double betting plan is increasingly becoming one of the most popular forms of race online betting methods in the modern-day sportsbooks, particularly in horseracing betting circles. Generally, an Each Way Double bet entails picking two selections in two different races, and then backing Each Way such that they both amount to two separate double bets as follows: … click title for full article.

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