Sportsbet is an Aussie sports betting brand that allows customers to easily create a group, invite their mates and pool their money to place bets. The platform also provides social features like chat, emoji reactions and a live scoreboard to deliver a fully immersive sports betting experience – regardless of where their mates are located around the world.
Betting on your own team can be tricky, but if you’re able to remove your bias and bet objectively, then this is a great way to increase your chances of winning. Start by researching the team and league you’re interested in and then looking for bets that align with your research. It’s important to always bet within your bankroll. This is a general tip for all sports betting, but it’s especially important when placing bets online. Never bet with more than you can afford to lose and always shop around for the best odds.
Odds can seem confusing, but understanding how to convert them into implied probability is relatively simple. To calculate implied probability, simply divide the total payout by the stake. For example, if the odds of Man City beating Crystal Palace are 8/1, this would translate to a payout of $80 for every $1 wagered.
It’s worth remembering that the odds on a particular game or event can change dramatically in-running. In-play odds are influenced by a number of factors, including the time of the game, and how cagey both teams may be at the beginning. This is reflected in the ratings which can be found on individual matches, which are monitored for shots, corners won and other in-game actions.