When it comes to betting on horse races, sports, or other events, Sportsbet has you covered. The homepage is a little overwhelming, with sliding promotions and a huge range of markets. Fortunately, things become less confusing as you enter the market of your choice. When you log into Sportsbet, your betslip is always visible on the website, and it’s easy to keep track of active bets and pending wagers.
In addition to offering all the standard exotics, Sportsbet supports flexi betting. In October, the company introduced a new feature for the same race multi, which allows users to pick multiple runners to win or finish in the top three, regardless of their odds. The multi option also offers users a range of selection flexibility, from one to four legs. Adding one-leg bets to a multi gives you two new chances for top three finishers.
Sportsbet was founded in Darwin, Australia in 1993 and became the nation’s first licensed bookmaker. It was on the verge of bankruptcy by 2005 when Matthew Tripp bought the company for AU$250,000, which helped it grow exponentially and shape the entire industry. Sportsbet is owned by Flutter, a $50 billion betting empire headquartered in Dublin. While many of its rivals are offshore and based in different jurisdictions, Sportsbet is a standout performer and contributes a third of Flutter’s operating profit.
To start betting on sports, you must know the odds. Sportsbooks will let you know how much money you have to risk and how much the odds are for each bet you place. You must also be aware that each sport has minimum and maximum betting limits. Depending on the game you bet on, you can bet as much as 1% or as little as 5% of your bankroll each time. The maximum amount you can bet is dependent on the sport and the market.
A major issue for Sportsbet was its limited processing capacity. It took significant resources to build and maintain efficient data pipelines, causing data to slow down significantly. The data scientists at Sportsbet spent too much time preprocessing data on local machines, which made it take months to produce new models. As a result, the company was unable to serve customers at the speed they needed. The company’s growth was spurred by the emergence of online sports betting.
Another important aspect of sports betting is the ability to set your own odds. Sportsbet offers a wide variety of betting options, including a number of markets for each game. Some major sports, such as cricket and soccer, can feature 100+ betting options for each game. The site also offers future sport betting markets. There’s no shortage of options to place a bet on a sport, and Sportsbet’s wide range of sports betting markets makes it a great choice for Australian punters.
If you’re new to online betting, Sportsbet has a customer support team available 24 hours a day. The company provides live chat support as well as phone support. The response time is usually within a minute. The website provides a complete list of contact methods. Unfortunately, there’s no sign-up bonus or incentive for Australian players. However, you can sign up for their website and app to take advantage of a special promotion.