As the government is preparing to crack down on offshore online casinos, Sportsbet is being heavily criticized for not operating legally. This is not surprising considering that a licensed bookmaker must comply with strict minimum standards to operate, and it has opted to ignore the requirements. As a result, there is no way to guarantee fair play and player safety. However, it is important to know that many online bookies do follow such standards. To avoid falling prey to scams, consider using only legitimate bookies.
The first time punter may find the Sportsbet homepage confusing and overwhelming, but as the website expands and you enter the markets, it becomes less overwhelming. It is important to note that the website always displays a betslip. By doing this, you can keep track of all your active and pending bets. In addition, the site makes it easy to place a wager on a particular event. And if you’re interested in placing a wager, you’ll notice that Sportsbet’s live betting section is another great addition.
The minimum amount you can bet is mBTC 0.01 (BTC 0.00001) or EUR 0.07. Make sure to check the minimum value of your chosen currency before betting with a sportsbet website. You can also withdraw your winnings. However, withdrawals are limited to 1 mBTC or 20 EUR per week, so be sure to check the minimum value first before committing yourself. Maximum betting limits for each sport are also different, and are not clearly stated.
Sportsbet has a good overall experience. Their market offerings and user experience make it one of the best online sportsbooks in Australia. Sportsbet also offers a comprehensive range of sports, including minor leagues, popular games, and full-fledged betting on all major sports. The site is well split into ‘In-Play’ and ‘Upcoming’ sections, which makes it easy to navigate between live events and upcoming events.
The company was founded in Darwin, Australia, and was the nation’s first licensed bookmaker. By 2005, it was nearly bankrupt. However, when Matthew Tripp bought it, the company expanded and employed more than 250 people. In 2009, he sold it to Paddy Power for $338 million. The company is now known as Flutter Group, which owns the likes of Paddy Power. While most online bookmakers are offshore-based, Sportsbet is a separate company and caters specifically to the Australian market.
Oddsmakers also determine the favorite and underdog teams. You can bet on a favorite or underdog based on the point spread. If the oddsmakers determine a favorite team will win by a specific margin, the point spread will reflect that difference. A positive number indicates that the favorite team will win the game, and a negative number means that it will lose. As a result, you should look for a sportsbook that is offering a higher point spread than the other team.
While the betting odds at Sportsbet are not the best, there are a few features worth mentioning. Sportsbet also has an excellent live betting feature on select sporting events. To place a live bet, you must speak to an operator. However, this is not a bad feature as you’ll get more selection flexibility than you would with a standard multi-bet. The site also has a number of betting tips to help you win your next bet.