Sportsbet is one of Australia’s biggest betting sites. They offer odds for all major Australian and international sports including the AFL, NRL, NFL, NBA, Cricket, Rugby Union and even novelty markets like elections, the Bachelorette, and Triple J’s Hottest 100.
The website’s homepage can be a bit overwhelming for first-time punters, with sliding promotions and a lot of markets to choose from. However, once you click through to a sport, the page becomes much cleaner and less in your face.
Spread bets are based on margins of victory and usually involve betting on the favorite or underdog team to win by a certain amount. The odds on these bets are often set at 11 to 10 odds, which means that a bet of $11 will pay out $21 or $110 if you win.
If you don’t want to bet on a specific team or player, there are also bets based on the total amount of points, goals, or runs that will be scored by each side. This is called an “Over/Under” bet and it’s the most common type of wager.
There are many different types of bets to choose from, and each one has its own unique characteristics. It’s important to understand each type before you start placing your bets. For example, if you’re looking to make money, it’s best to avoid bets that are too risky and are unlikely to pay out in the long term. It’s also a good idea to find a sportsbook that offers bonuses, guarantees against lost bets, and odds boosts.