Sportsbet is one of the most popular online betting sites in Australia. Its website is easy to use and has a wealth of information on offer. It offers a variety of betting markets and odds on most major sporting events. It also has a large range of slot games from a number of suppliers.
Getting the odds right is vital in a successful sports betting strategy, and comparing odds between bookmakers is essential. This is especially important if you bet on less popular sports or events, as odds can vary significantly between different bookmakers.
Odds are calculated based on the total amount of money that is available to bet on a game or event. This can vary depending on a number of factors, including the popularity of a particular sport or event and the amount of money that bookmakers have taken on it.
There are a number of ways to calculate odds, including through the spread (the difference between the favorite and underdog). This can be used when determining how much to bet on a team or match. Using the spread is an important part of sports betting because it can help you determine which teams have a better chance of winning.
The spread is also a great way to compare odds. It allows you to see how much you could win if your bet is successful, and it’s a simple way to avoid making a big mistake.
You can find the spread on a sportsbook’s site or app, and you can even access it without having an account. The sportsbook will usually keep the spread updated so that you’re always aware of it and can make informed decisions on which team to bet on.
Another great feature of the sportsbook is that it lets you see the odds for every game you want to bet on, no matter where you are. This is extremely convenient and can save you a lot of time when placing a bet.
Racing is a huge part of the Australian betting landscape and sportsbet has an excellent racing market. They are quick to get their markets up on a daily basis and they often offer the first fixed odds markets up for mid week and weekend meetings. They also have a very extensive range of bet tips and form guides.
Group Betting is a growing trend in the gambling industry, and Sportsbet recognises the value of this type of betting. Its ‘Bet with Mates’ campaign encourages customers to create groups and pool their funds, allowing them to bet together.
A key aspect of this is that it removes the need for a central administrator to manage the bets and makes it easy for people to share their winnings with others. This is ideal for people who have friends or family that are interested in betting and would like to bet together.
The company is owned by Flutter Entertainment plc, a Dublin-based company that owns Betfair, PokerStars and FanDuel. It is the stand-out performer in Flutter’s global portfolio and accounts for a third of its operating profit.