Sportsbet is the go-to online bookmaker for Australian and New Zealand horse racing. The site offers a vast selection of betting markets and types, including money lines, point spreads, Over/Under totals and parlays. It also features a variety of exotic and specialty wagers.

Betting odds are a critical tool in your betting arsenal, as they reveal the sportsbook’s opinion on the relative likelihood of a particular outcome. They can also help you calculate how much profit you’ll make on winning wagers. However, it’s important to remember that the odds don’t tell the whole story. Depending on the sport, event and bet type, the odds can change in a matter of seconds. This can be due to injuries, weather forecasts and even public opinion.

Another consideration when betting on sports is the vig, or juice. The vig is the sportsbook’s cut for taking your bet, and it varies from sportsbook to sportsbook and wager to wager. The vig is an unavoidable part of the gambling experience, but there are ways to reduce it. One way is to use a sportsbook with lower vig rates.

To help you find the best betting odds, we compare odds from a wide range of reputable, market-leading sportsbooks and sites. We display odds in both decimal and fractional formats, and you can choose the format that works best for your preferences. If you’re placing a bet, click the matchup link on the right side of the screen to see detailed information about each game and the relevant betting lines.