What You Should Know About Sportsbet

If you’re betting on sports in Australia, there’s a good chance you’re using the site and app of Sportsbet. The company was founded in Darwin in 1993, making it the nation’s first licensed bookmaker. However, despite its impressive foresight and headstart, it was on the verge of bankruptcy in 2005 when Aussie entrepreneur Matthew Tripp purchased the eight-person operation for AU$250,000. The site has since gone on to grow at an exponential rate, shaping an entire industry along the way.

Sportsbet is now one of the most recognized names in sports betting, and it’s a brand that many consumers look for when searching for online betting sites. The site offers a wide range of wagers on various sports events, and you can bet from desktop, mobile, or tablet. The site also features live streaming of major sporting events for its customers.

The site’s customer service is available 24 hours a day via phone, email, and chat. You can also get help from a dedicated account manager. In addition, the site offers a variety of promotions and bonuses to keep you betting. These include deposit match bonuses, free bets, and other specials. Make sure to read the terms and conditions of each promotion carefully before making a deposit or placing a bet.

When choosing a sportsbook, check its list of available markets. Some sites offer a broad selection of different sports, while others focus on specific leagues and tournaments. The more extensive a sportsbook’s offering, the more likely it is to be a good fit for your betting preferences.

Before you place your bet, check out the odds offered by the sportsbook. This will give you a better idea of how much your bet is worth and how much profit you could make. Also, be sure to understand the rules and regulations of your country’s gambling laws before placing a bet.

A winning bet will usually show up in your account within minutes of the event’s conclusion. You can then transfer your funds to your bank account if you want. However, the amount of time it takes for your winnings to appear in your bank account will vary by sportsbook.

If you’re a horse racing fan, Sportsbet offers a great feature called the same race multi, which allows you to back multiple runners to win or finish in the top 2, 3, or 4 in a single race. This is a great way to increase your winnings while reducing the risk of losing your whole bankroll.

Another handy tool is the flexi bet, which lets you split a multi bet into individual legs. This is useful if you’re backing several horses at different prices, and you’ll have the option to change your bets during the race if the market changes.