As the name suggests, sportsbet is a website or app that allows Aussies to make wagers on pretty much anything. From horse races and cricket matches to reality show contests and TV plotlines, sportsbet accepts bets on a wide variety of events and outcomes. It’s important to remember that even “sure bets” can go sideways, so it’s always wise to start small and increase your wager size as you gain confidence and experience. In addition, keeping a betting log (or using a standard spreadsheet) can help you track your results and improve your chances of success.
Odds are set by sportsbooks based on their opinion of the probability that an event will occur. This gives punters the opportunity to bet on either the team they think will win or the total number of points scored in a game. A high probability event will have a low risk and pay out less than an event with a lower probability.
The sportsbet website is mobile-friendly and has a beginner-friendly three-column design. You’ll see the sport you want to bet on listed on the left, markets and odds in the middle, and the betting slip on the right. The site also offers multiple currency options, including American odds and decimal and fractional betting formats. It’s also easy to deposit funds with a variety of methods, including credit card and digital e-wallet services like PayID and PayPal. The site is secure and supports responsible gambling options, including limiting losses, deposit limits, and self-exclusion.