Sportsbet Review

Sportsbet is one of the most popular bookmakers in Australia. It offers punters a huge range of sports betting markets and has a strong focus on responsible gambling. It is an active supporter of restrictions on gambling advertising and has helped to establish the independent peak body representing online wagering, Responsible Wagering Australia. It also offers a number of tools to help punters with problem gambling, including Take a Break, which allows customers to self-exclude from its service temporarily or permanently.

A key feature of sportsbet is its Same Race Multis product, which lets punters back a trifecta, quinella and superfecta in the same race and receive a fixed price for their bet before the TOTE announces its dividend. The site also has an excellent range of racing markets and is constantly improving its offerings.

Its new sportsbook launched in 2021 and offers a clean, intuitive interface that is easy to navigate. It has a strong offering of Australian and international horse racing and offers over 1000 sports markets including live betting and hundreds of AFL and NRL markets. The site also features a great selection of virtual games and poker.

The Sportsbet app is available for iPhone and Android devices and offers all the functionality that you’d expect from a top sportsbook. It’s free to download and offers fast load times and a great user experience. The app is a great choice for punters on the go, as it makes placing bets even easier.

In February of 2019, Sportsbet was hit with a record fine for breaching Australia’s spam laws, after the company sent tens of thousands of marketing text messages to customers who had unsubscribed from their SMS services. The Australian Communications and Media Authority (ACMA) found that the bookmaker’s ‘fast codes’ system allowed them to bypass standard opt-out mechanisms.

If you want to make money betting on sports, it is important to understand betting odds and how they are calculated. The higher the odds that are offered on an outcome, the less likely you are to win the bet. However, understanding how the odds are calculated can help you find value bets and maximise your profits.

A sportsbook’s odds are based on the probability that an event will happen, and how much money it would cost to pay out winning bettors. When an event has a low implied probability, the odds are set high to attract bettors and maximise revenue. This is why it’s so important to understand how to read and interpret betting odds, and how they work with betting markets.

Luckily, there are many tools to help you understand odds and payouts, and this is exactly what the Sportsbet Odds Calculator does. It allows you to input your stake and odds in American, Decimal or Fractional format to quickly calculate your expected returns. It also helps you to compare odds and prices from different sportsbooks so that you can find the best deals. This way, you can increase your chances of winning and enjoy a successful sports betting career.