Sportsbet is an online gambling company in Australia licensed as a corporate bookmaker and operating within the boundaries of Australian regulations at both federal and state levels. They offer a variety of products and promotions to their customers, including an array of betting markets on major sporting events and a variety of other events. These promotions are intended to attract new customers and keep existing ones engaged.
Currently, there are over 400 sports betting markets available with Sportsbet. These include traditional straight bets on individual teams, accumulator bets (parlays), and handicappers’ bets on the outcome of specific game events such as goals, points, or touchdowns. In addition, they feature live betting and cash out options. They also provide a full range of payment methods, including debit cards and e-wallets.
One of the main challenges to making money betting on sports is that there are many more ways to lose than win, and it’s not easy to turn a profit over the long haul. The most important tip is to only place bets that you can afford to lose, and to always have a stop-loss in place. Keeping track of your bets in a spreadsheet is also a good way to manage your bankroll.
The most popular bets are based on the point spread, which reflects the expected margin of victory in a given contest. You can either “take” the spread, which means betting the underdog team, or “give” the spread, which is betting the favorite team. You can also make a combination bet, which is a bet on the result of multiple events such as a match or tournament.
Unlike other Australian bookmakers, Sportsbet offers a full suite of responsible gambling tools and initiatives that can be enabled on both mobile and desktop. Its Responsible Gambling page explains the risks associated with gambling, and users can also opt in to self-exclude from the site either temporarily or permanently. It also has a Take a Break tool that allows users to self-assess their gaming activities and set limits on their account.
Another aspect of Sportsbet that differentiates it from other Australian bookmakers is the level of customer service. The company employs more than 10,000 people, and customers can contact the company via email or telephone. Customer service representatives are available around the clock and can assist with a variety of issues. The website’s mobile app is user-friendly and features a number of helpful tools, such as a quick deposit/withdrawal option and an FAQ page.
The Sportsbet app is free to download, and it offers an extensive selection of sporting events. However, the platform can be slow to load and can cause lag when navigating between different pages. Additionally, they do not have a Same Game/Race Multi Builder function, and other bookmakers such as Neds, Bet365, and Unibet have more competitive odds.