Sportsbet is one of the biggest betting portals in Australia. It has a huge range of sports betting markets and features some of the best racing betting odds online.
The website is easy to navigate and offers a number of different betting options including the option to build a multi-bet. You can also access a range of helpful bet tips and guides to help you make the most out of your gambling experience.
You can also use the site’s live streaming service to watch races in real-time from all three codes (NZ, Australian, and British). The sportsbook offers a range of racebooks in addition to its own, so you’ll always have access to the best odds on your chosen race.
There are a number of different betting types available, including the moneyline, totals (also known as over/unders), and point spreads. The moneyline is the most common type of bet and simply involves predicting which team will win the game.
A bet on a moneyline is generally less risky than other types of bets. However, you can still lose money if you bet incorrectly. In order to avoid this, you need to learn how to read the odds correctly and choose a good betting strategy.
The odds of a game are usually set by the sportsbook operators, and they change as a result of market action. This means that the vig or extra amount will also change as well. For example, one side could rise up to -115 while another remains at -105, and this is because the bookies want to attract as many bettors as possible.
Bettors will often compare the odds of different sportsbooks in a bid to find the most attractive prices. This is a simple process that can take just a few minutes.
To do this, you can use a tool like OddsCalc to input the odds of a game in American, decimal, or fractional formats and calculate the payout. This is a great way to increase your winnings and minimize your losses by knowing the value of each individual wager.
As a rule of thumb, it is best to place a small bet on each game. You should bet no more than 1% to 5% of your bankroll on each play.
If you have a large amount of cash at your disposal, it is recommended to use a multi-betting approach. This is a betting strategy where you bet on multiple games at once and can increase your profits by taking advantage of the different props and odds offered.
You can use this strategy on a variety of different sports. Some of the most popular include soccer, basketball, baseball, and NFL.
Alternatively, you can bet on horse racing with the Sportsbet betting app. This app is free to download and offers a variety of betting markets, including live streams of races.
It is a great resource for betting on all Australian and international horse races, with the most popular betting markets being listed on the homepage. You can also see a list of the top racing events on each day, as well as the latest form guides and bet tips for every track.