Let me introduce you to your Team Captain for Team Bobblicious USA. Here is Betty from A Blog Reborne. Feel free to head over to her blog.
I've had a few queries on how the perfect bobble should look. Here is a photo of Bobblicious up close. This is what your bobble should resemble. The picture on top you will see the bobbles for the right side. No holes are in view. On on the bottom you will see a flat wrong side. Again, no holes are in view.
I'm just going to run through the basic bobble stitch.
Basically, knit into the front of the stitch (as you would normally), but don’t push it off the right needle. With the stitch still on the right needle, knit into the back of the stitch (i.e. not the front of the stitch as you would normally, the same stitch on the left needle, but the loop at the back of it). Do not push these two stitches off the right needle. Again, knit into the front and then the back and front of the same stitch. You will then have made four increases in the one stitch (i.e. 5 loops should appear on your right needle from the one stitch you worked on).
Phew, confusing? You haven’t finished yet.
Turn your work around and purl these five stitches. Turn again, K2tog, K1, K2tog. Turn again and P3tog. Turn work, then slip this one stitch onto the right needle. Voila, there is your bobble.