Sportsbet is an online gambling company based in Australia. It is owned by Flutter Entertainment and primarily targets the Australian market. It is licensed as a corporate bookmaker under the Racing and Betting Act 1993. However, the company is not licensed to accept US residents. It is a popular online betting site, and many Australians wager their money with it.
If you are new to sports betting, the Sportsbet website may feel overwhelming at first. The homepage is loaded with sliding promotions and multiple markets. Fortunately, you can narrow down the choices by entering a sport or game. The homepage also displays a betslip of all your pending bets.
To begin placing bets, you must register with Sportsbet and deposit some funds. You can also use their mobile app to place your wagers on the go. The app is available for Apple and Android users. As a bonus, Sportsbet also offers fast withdrawals and regular promotions. This makes betting easier while you’re on the go.
If you’re into horse racing, Sportsbet has you covered with its Racetrack betting. It also has a variety of exotics that can be placed on the races. One of its most popular Megabets is Jockey Megabets, which allows you to select specific jockeys and bet on them to win the race. The payout of this kind is guaranteed even if the selected runner loses a protest.
If you’re an Australian or New Zealand resident, you can open an account at Sportsbet. This online betting site is simple to use, and you can also place bets on various sporting events. If you have any questions, you can use the customer service available 24 hours a day. The customer support staff is responsive, and they answer emails within seconds. As a licensed bookmaker, Sportsbet must adhere to the same rules as other online betting companies.
Sportsbet grew from a small operation to a multimillion dollar online empire. They are now able to process bets at a high speed thanks to advanced algorithms. The company also won an important court ruling in 2008, allowing it to advertise in large areas of the country. These factors have made the site a popular choice for sports fans worldwide.
Initially, Sportsbet was owned by Irish bookmaking giant Paddy Power. The company eventually became Australia’s largest online bookmaker. By 2011 they took over full control of Sportsbet, valuing it at over $338 million. Since then, it has become part of the Flutter Entertainment plc, a company listed on the London Stock Exchange. The company owns Sportsbet, as well as other bookmaking enterprises. Its shares are included in the FTSE 100.
Sportsbet has become a household name with its incredibly creative and lucrative promotions. Many of these promotions are available on Racenet, on their own website and on their app. The company is not just limited to Spring Racing Carnival, though, and they continue to deliver innovative specials year-round.