Sportsbet – A Beginner’s Guide to Sports Betting

Sportsbet is an Australian-based online bookmaker that offers a variety of betting products including horse races and sports bets. Its mobile apps allow customers to place bets from anywhere in the country, as long as they have a good Internet connection. Its in-app Blackbook lets punters keep track of upcoming events and place bets at the click of a button. The app also allows customers to add a horse to a multibet and get fixed odds prices for the whole group of runners.

If you’re new to sports betting, it’s a good idea to start out by charting bets without risking your own money. Almost all sportsbooks let you view their odds without having to create an account, so it’s easy to get familiar with how money lines and totals work before placing any actual bets. Once you’re comfortable, make sure to choose a deposit option. Most sportsbooks accept ACH/eCheck, credit card, PayPal, and Play+ deposits.

You can also place straight bets, which are wagers on individual players or teams. These bets are generally priced lower than point spreads, but they’re still based on the expected margin of victory. They’re a great way to test out the profitability of a team or player, and they can help you determine whether you should bet against or for them.

Another type of bet you can place is a totals bet, which is similar to a point spread but focuses on the total number of points, goals, and runs scored in a game. For example, a game between the Los Angeles Rams and Seattle Seahawks has an over/under total of 42.5 points. If you expect a high-scoring offensive slugfest, you’d bet the over; if you think it will be a defensive stalemate, you’d bet the under.

Lastly, there are team and player props, which are bets on specific events within a game. For example, a team prop might be “first player to score 10 points,” while a player prop could be “first team to record 3.5 sacks.” Most sportsbooks offer hundreds of different props for each game, and it’s important to track them so that you can shop for the best lines.

Profiting from sports betting isn’t easy, but it is possible if you follow the right tips and strategies. Just remember that it’s a marathon, not a sprint; be patient and stick to your plan. Then, you’ll be well on your way to a rich living from sportsbet! Just be sure to always keep track of your bets (a standard spreadsheet works fine) and only bet on sports you see a positive ROI on. Otherwise, you’ll quickly burn through your bankroll. And never bet more than 1% to 5% of your bankroll on any one individual play.