As the name suggests, sportsbet is a website and app Aussies can use to make wagers on, well, pretty much anything. That includes major sporting events, but also reality show contestants, TV plotlines and other random outcomes.

While it’s possible to turn a profit betting on sports (it’s not easy), most bettors lose money over the long haul. To improve your odds of winning, be sure to keep track of your bets in a spreadsheet, and never bet more than you can afford to lose.

The best way to win at sports betting is by placing a bet on the underdog team. This is known as “covering the spread,” and it’s the simplest way to bet on sports. Using handicaps can further increase your payout by leveling the playing field between teams or players.

Another way to win at sports betting is by making a totals bet. This bet predicts how many points, goals, or runs will be scored in a game. Oftentimes, the higher-scoring teams will lead to a higher number than the lower-scoring teams, so this type of bet is a great way to stretch your bets.

One thing that sets sportsbet apart from other online betting sites is its extensive list of perks and promotions. These include a Same Game/Race Multi Builder function, statistics, insights, tips, live streaming, speed maps, and a blackbook. These extra features add value to your betting experience, but it’s worth noting that many of these markets aren’t competitively priced when compared to other bookmakers.