Sportsbet is Australia’s largest corporate bookmaker and makes 1.1 billion bets every year. Data drives all of their operations, ensuring the best customer experience possible. Today, they use Databricks to do large-scale real-time data processing and machine learning much faster than ever before.
Betting on Sports
If you are new to sports betting, there are a few things that you should know before you place your first bet. The most important thing is to learn how to read the odds and understand the probability of winning.
Moneylines, spreads and parlays are the most common types of bets, but there are also props, such as which player will score the most points. These bets are a great way to add more excitement and intrigue to your sports viewing, while providing a potential win for you.
The best prop bets are based on statistical analysis. These bets typically offer a higher percentage of winning than moneylines, spreads and parlays, so you should be careful when choosing them.
Decimal odds are a common type of betting odds found at legal sportsbooks. They are simple to understand, and they can be a good tool for calculating your winnings or losses.
Sportsbet offers a wide variety of features, including a Same Game/Race Multi Builder, statistics, insights, tips, live streaming and a blackbook. The website also features a Bet with Mates feature that allows you to pool your funds and share in the excitement of sports and racing betting.