Sportsbet is an online gambling company that targets the Australian market. It holds a corporate bookmaker licence under the Racing and Betting Act 1993. The website specializes in sports betting and is owned by Flutter Entertainment. While its website is available in a wide variety of languages, its main focus is on Australian sports.
The website allows you to place a bet on multiple events, including horse racing. Its menu, which can be expanded or collapsed depending on your preferences, is located on the left side of the screen. It displays icons for sports, live streams, and multi-race bets. It also displays account information regarding withdrawals and deposits.
Sportsbet was established in Darwin, Australia, in 1993. At the time, it was the nation’s first licensed bookmaker. By 2005, the company was on the brink of bankruptcy, but Matthew Tripp purchased it and turned it into a thriving operation. By then, it had grown to employ eight people, and was a significant player in the industry.
As of 2017, Sportsbet is owned by Flutter Entertainment, an offshore company that owns PokerStars, FanDuel, and Paddy Power. The company aims to target the Australian market with its offerings, and despite a few controversial decisions in recent years, it is considered a solid performer.