As its name would suggest, sportsbet is an Australian online bookmaker that takes wagers on a wide range of sporting events. Its betting limits are well above the industry standard and it raises them further for its VIP Clubhouse members. Its betting menu covers most major sports and tournaments from around the world and its wagering odds are generally very competitive.

One way to improve your chances of winning is to follow a few simple rules, such as never betting more than you can afford to lose and always tracking your bets on a standard spreadsheet. Also, make sure you stick to sports that you’re familiar with from a rules perspective and keep up with the latest news regarding players and coaches.

Another great way to increase your chances of winning is by using value bets. This is a strategy that involves looking for bets where the odds offered by a sportsbook are higher than your assessment of the probability of an event occurring. This requires an in-depth understanding of sports and the ability to spot discrepancies between betting odds at different sportsbooks.

If you want to bet on Victorian racing, Sportsbet is the place to go. They have a unique Same Race Multis product that lets you back multiple horses in the same race and receive a fixed odds price before the correct wight is announced. They’re also home to Justice Payouts and refunds, so if your horse is unjustly denied a win, you can get your money back from them.