Sportsbet Review

As the name suggests, sportsbet is a website and app Aussies can use to place wagers on…well, pretty much anything. From horse races and cricket matches to reality show contests and TV plotlines, if it’s legal to bet on it, you can probably find it at Sportsbet. Its founder, Matthew Tripp, anticipated the boom in online, phone, and app-based betting and used clever marketing techniques to make it happen (like money-back specials and promises of “justice” refunds in the case of unlucky outcomes).

The Sportsbet website can be a bit overwhelming for first-time punters with a lot of images, icons, and markets on display however the range of popular markets covered should suit most punters. The site is also mobile-optimized and offers a number of great features such as live streaming for most Victorian races, multi-market pricing, and quick bets that can be placed before the odds close.

One of the most important things to know about sportsbooks is their odds. Odds indicate the favored and underdog teams in a matchup, and provide an indication of how much profit you’ll earn on winning wagers. They also help set expectations for the type of game to expect: a tight moneyline, such as -125/+105, suggests two teams are fairly evenly matched; a large spread, such as -10/+10, indicates more of a mismatch.

It’s important to do your research when it comes to sportsbooks, including reading independent/nonpartisan reviews and assessing the safety and security measures in place. Check out how quickly and accurately they process winning wagers, as well as any promotions and bonuses that they offer. Also, read customer reviews to get a feel for how each sportsbook treats its customers.

Once you’ve found a few sportsbooks that look promising, it’s time to start sizing up the odds and betting markets. You’ll want to choose a bookmaker that has a wide variety of sports, accepts your preferred deposit and withdrawal methods, and offers competitive odds. It’s also a good idea to investigate the sportsbook’s house rules, which may differ slightly from one site to the next.

Sportsbet’s Group Betting service allows you to create a group with up to 20 members and each member contributes a fixed amount to the pool. The group organiser then places the bet and the winnings are split amongst all of the members. It’s a great way to keep the fun going while watching your favourite team win!

Sportsbet’s Round Robin feature allows you to build multiple parlays and exotic bets on individual race outcomes. A round robin is comprised of three or more 2-team parlays and offers a minimum payout of $21 per bet. It’s easy to access, with the feature located within your betslip on desktop or the mobile website. The feature is available for Australian domestic and international racing and has a wide range of betting markets, including flexi bets and all the usual exotics.