Sportsbet is an Australian sportsbook that was founded in 1993 in Darwin, Australia. The company has a long history of foresight and innovation, especially when it comes to online and mobile betting, helping to shape the wagering industry in Australia and beyond. When it comes to online gambling, the most important factor is odds comparison. Odds are a representation of the likelihood that an outcome will occur, and can be used to calculate the potential payout for your proposed wager. Odds can vary widely between sportsbooks, and shopping around for the best odds is key to maximizing your chances of winning in the long run.
Odds shopping can be done by comparing the prices offered for various markets, including spreads, totals, moneylines, and futures. Different sportsbooks may offer different odds based on their bookmaking methodology, betting action, and line adjustments. Some sportsbooks may also charge a margin (vig or juice) to offset the cost of operating their business, which can make your bets less profitable over time. By using Covers, you can compare odds from the top sportsbooks in Australia (including player and team props), ensuring that you’re getting the most competitive prices.
The Sportsbet website can be a bit overwhelming for first-time punters with sliding promotions and a lot of information on display, but once you’ve found an event you want to bet on, the site is easy to navigate. The interface is simple and straightforward, with the main sports and racing markets displayed on the home page, while the individual codes have their own tabs for quick access. There are a few extra features like Same Game/Race Multi Builder, betting insights and tips, live streaming, Speedmaps, and blackbooks but, in our experience, these don’t compensate for the lack of competitive odds on offer.