Sportsbet is one of the most recognized names in Australian sports betting. It’s hard to watch a game or scroll through a TikTok feed without seeing ads for the wagering giant, which is backed by major league teams and athletes. It also boasts an impressive 1.1 billion monthly users.
The company has an interesting business model: it offers a range of betting options for both novice and experienced gamblers. In addition to moneylines and spreads, it offers prop bets that allow players to have a vested interest in specific outcomes such as how many points a player will score. Moreover, it promotes same-game parlays that offer customers the chance to win big payouts if all the legs of their bet hit.
Signing up for a sports betting account is usually quick and easy. Most online sportsbooks require a user’s first and last name, the last four digits of their social security number, and a valid email address. The registration process also usually includes a password and verification code. Once the new account is created, the user can begin making bets by navigating to the “Cashier” or “Add Funds” tab.
It’s important to have a plan before you start betting, and it’s especially crucial to avoid getting too cocky or trying to make up for losses by increasing your bets the next week. The best way to do this is to stick to a certain amount of your bankroll that you can afford to lose and don’t try to recover it by winning the next bet. Also, make sure you’re familiar with your state’s gambling laws and regulations before placing a bet.