Sportsbet is an Australian online and mobile sports betting company that offers a wide variety of sports and markets. They also offer a range of popular features to enhance your betting experience.
Choosing the right sports bets to win can be confusing. This is especially true if you’re new to the sports betting world, so it’s important to learn how to select the right wagers for your budget and risk tolerance.
The best way to find the right bets is to understand how odds work. The odds are calculated by comparing the implied probability of each event to its real probability. For example, if the odds on a game are -110, it means that the odds have been set so that nearly even action will be generated on both sides of the bet.
Bets on the Point Spread are one of the most popular types of bets offered by Sportsbet. These bets pay out if the favored team covers the spread.
There are also bets on the totals, which can be a good option for punters looking to make a larger wager than they would with a single bet. However, you should be aware that these bets are subject to vigorish, which is the fee that sportsbooks keep for offering them.
Sportsbet also has a number of different promotions that you can take advantage of to increase your profits. For example, they have a ‘Same Game/Race’ multi where you can back multiple horses in the same race and receive a fixed odds price for each. This type of bet is also known as a trifecta or quinella bet and is a great way to maximize your profits!