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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 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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MyBookie Betting Guide

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Get up to Speed with the Sports Betting Articles

nascar-betting-guide

Ways To NASCAR Betting

Written by on June 22, 2024

NASCAR racing is one of the most popular sports in the world, but unlike other mainstream sports like football, basketball and hockey, which use the same sports betting formula of point spreads and money lines, betting on NASCAR events is very different. If you would like to bet on NASCAR, but have never done so before, don’t worry. Here’s a … click title for full article.
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Ways of Golf Betting

Written by on June 22, 2024

When it comes to sports betting, placing wagers on sports like football, basketball, hockey and baseball are pretty standard, so if you know how to bet on one of them, you won’t have any problems with betting on the others. Golf, on the other hand, is a totally different thing. There are plenty of ways to bet on golf tournaments, … click title for full article.
How To Identify Valuable Underdogs When Betting

See how to Identify Valuable Underdogs When Betting

Written by on June 21, 2024

The average bettor loves the favorite. This is common knowledge and it doesn’t matter the sport. Those casual bettors simply assume the sportsbooks know what they are doing when making a team a favorite in any sport. So they follow like a trained dog. Sharp bettors, meanwhile, can capitalize on the public’s naivety on sports betting odds if you do … click title for full article.
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Pitcher vs. Team Records: Crucial Tips to Note in MLB Betting – MyBookie Advice

Written by on June 21, 2024

In MLB betting, there’s nothing players love more than days when the starting pitcher with a good win-loss record goes against one with a weaker record. This basic betting ideology is usually anchored on the fact that a pitcher with a record like 5-1 will either be favored or be a small underdog (and is likely to win) against one … click title for full article.
betting-strategy

The Importance of Discipline and Emotional Control in Sports

Written by on June 21, 2024

Like an important relationship, a favorite hobby or a job you adore to death (like my matchless love for sports writing), successful sportsbetting calls for a lot of emotional control and discipline. The premise of this argument is that both the human mind and heart can be easily influenced by outside factors like the things we see or hear, which … click title for full article.
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Winning Percentage vs Units Won

Written by on June 21, 2024

A lot of sports betting fans don’t really know the difference between winning percentage and units won when it comes to betting, which is quite surprising. If asked, most people will tell you that they would rather get their betting information and tips from a handicapper who is picking winners at a high percentage, than someone who has won a … click title for full article.
angry-MLB-fans

Crucial Tips to Note in MLB Betting: Worst Pitchers Betting System to Indentify

Written by on June 21, 2024

If you are reading this, then it means that you probably know a thing or two about baseball betting, or you are an expert at matters baseball, but you are still interested on learning about the worst pitching betting system. Whichever group you belong to, it doesn’t really matter because the unique betting system we will be talking about here … click title for full article.
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NBA Back-To-Back Sports Betting System: How it Works

Written by on June 20, 2024

If you enjoy sports betting, you tend to follow trends to help you make smart bets, because most teams follow a particular trend most of the time. Over the years, these trends have started to change, and has caused people that have been unable to adapt some money. One of these betting trends, is the NBA Back-To-Back Sports Betting System. … click title for full article.
sports-betting-guide-props

Sports Betting 101: Most Popular NFL Props

Written by on June 20, 2024

When it comes to sports betting on the NFL, prop bets are some of the most popular bets that people make, because it allows them to place wagers that they feel will provide bigger payouts, and they also believe props give them a better chance of winning their bets. There are plenty of prop bets that are offered prior to … click title for full article.
sports-betting-guide-handicapping-2015

Wat is Statistical Handicapping?

Written by on June 20, 2024

One of the most popular methods of sports betting on sports is with the use of statistics to help predict the future outcomes of games. This has been a very popular method, especially with number crunchers, because it allows them to use a team’s statistics from previous games, up to that point, to predict the outcome of a game, without … click title for full article.
Handicapping Starting Pitchers for MLB Bets

Handicapping Starting Pitchers for MLB Bets for all Season

Written by on June 16, 2024

The key to winning a bet regardless of sport is finding an advantage that you can pounce on. Obviously an online sportsbook knows this, however, and adjust their betting lines accordingly. I’m here to tell you that probably the biggest team advantage in the four major American sports is wagering on a superior starting pitcher in any baseball game. Taking … click title for full article.
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Advantages and Disadvantages of Sports Betting Futures

Written by on June 15, 2024

In simple terms, a future bet is a wager placed on an event that will be happening in the near or distant future. Some of the most common future bets include teams that will win national titles (like the Super Bowl in NFL, World Series in MLB, and Stanley Cup in NHL), players who will win individual titles (like MVP … click title for full article.
How To Hedge A Sports Bet

How To Hedge A Sports Bet

Written by on June 14, 2024

Let’s say you just bought a house. You would want to protect your investment as much as possible, right? Of course you would. That’s what insurance is for; should something happen to your home, insurance keeps you from going potentially bankrupt. And that’s essentially what hedging a sports bet is. It’s a way to eliminate the risk or loss on … click title for full article.
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