As its name suggests, sportsbet is a website or app that Aussies can use to place wagers on a variety of sporting events. These bets can range from major horse races and cricket matches to reality show contests and TV plotlines. But when it comes to betting, the odds are what really matter – they’re the probability that an event will occur and determine the potential payout for a winning bet.

Odds are typically presented in a variety of formats, including decimal, fractional, and American odds. In order to make the most of your bets, it’s essential to compare odds from various bookmakers and keep up with any changes to them. This is especially true for live events, where odds are constantly changing as the action unfolds. Having access to expert analysis and predictions is also an important factor, as these can help you identify potentially advantageous odds.

In addition to a full offering of esports, Sportsbet also offers a wide selection of minor sports and popular leagues like soccer and football. Their site is easy to navigate with a clear split between In-Play and Upcoming lines, as well as an option to view the opening line for each event. The ‘Open’ column is also displayed, making it easy to see how the odds have changed since they were first released.

Sportsbet’s success stems from its strong heritage of leveraging scale and superior product expertise to win in the market, a philosophy that is reflected in their latest financial results. The company is a proudly Australian and New Zealand owned and operated business, and believes that every dollar spent with a licensed sportsbook contributes more to our racing industry, hospitals, and schools than a dollar spent with an offshore bookmaker that sends profits back to Dublin or Gibraltar.