Sportsbet is a website that allows Aussies to bet on anything, from football matches and horse races to TV plotlines and reality show contests. It’s a clever idea that’s helped it to grow into one of the biggest betting sites in the country.

Betting is legal in most states, but it’s important to check the laws of your state before placing a bet. Also, be sure to read the terms and conditions of any promotions or bonuses you sign up for.

The first step in a sports bet is to decide how much you want to bet. It’s a good idea to make your bets only as big as you are willing to lose. This way, you can limit your risk and keep a healthy bankroll.

Another important step is to determine which teams are expected to win the game. In the US, this is usually done by examining the money line, or spread. The favorite will have negative odds, and the underdog will have positive odds.

Almost all sportsbooks offer an easy-to-use money line. It’s an essential tool for any sports bettor.

A moneyline bet is a single wager on one outcome. It’s the same bet that any other bettor would place, but it pays out differently than all of the others.

To place a moneyline bet, simply choose the team you want to bet on and click “Bet Now”. You’ll be prompted to input the amount you’d like to wager, and the payoff will appear. You can then confirm your bet by clicking “Confirm.”