The premise behind sportsbet is simple – it’s a website and mobile app Aussies can use to place wagers on, well, pretty much anything. It’s not easy to turn a profit betting sports – it’s a lot like trading stocks, and even the best traders don’t always win every bet (though they do come close). But if you know the tricks of the trade, you can reduce your losses and maximize your wins.

The most important thing to remember about odds in sports betting is that they don’t tell the entire story. Yes, they show how much you’ll profit if you make a winning bet, but they also provide an implied probability of outcomes. This means that odds aren’t necessarily a good indicator of a team’s chances of winning, but they can help you identify underdogs and value bets.

The simplest way to find the best odds is by using an online odds comparison service, like the one we offer here on Oddspedia. This service works just like Skyscanner, which you use every time you book a flight – and that’s the same way you should use an odds comparison service for sports betting. Just be sure to check that the odds are accurate and that you meet any other requirements, like a minimum deposit, before placing your bets. This will prevent you from getting ripped off and can also help you avoid making any silly mistakes that could lead to big losses.