Sportsbet is one of Australia’s largest online bookmakers, offering an impressive range of sporting markets and betting options. But the company’s latest results suggest it may have been too generous to its customers, particularly when it comes to horse racing. The company’s turnover for the first quarter of 2023 was down by around 9 per cent, compared to last year.

The Sportsbet homepage can be a little overwhelming for punters with sliding promotions and many markets on display. However, the menu on the left of the website (or expandable on mobile) is a great way to filter between codes and find the market you’re looking for. The site also has a clear separation between In-Play and Upcoming events, which is useful if you’re planning to bet on the next match or event.

Odds comparison is a vital tool for punters, and Covers compares odds from the most popular sportsbooks to help you make an informed decision. Our Odds Comparison page shows you the current odds for each market, as well as the line movement from when it opened. This makes it easy to identify which book is offering the best odds for your bets.

If a team or player has a higher number in front of their odds, they are considered the underdog. This means that if you bet on them to win, you will need to wager more money to win the same amount as you lose. This is how sportsbooks balance their books and protect themselves from a big loss.