Sportsbet is a betting site for Aussies that allows them to place wagers on a lot more than just major sporting events and horse races. They also accept wagers on reality shows, TV plotlines, and other random outcomes.

In order to make money betting on sports, you must know a few things. First, you need to understand how odds are calculated. A sportsbook will publish a number on each game that represents how many points they expect a team to win by, with a favorite listed as a negative number and underdogs listed as a positive one. The number will be surrounded by an over/under sign that indicates how many points in total the bets will win by.

If the team you bet on wins by a certain amount, then you have won the bet and earned a profit. However, it’s important to note that if you bet on the underdog and they win by exactly the same amount as the number, then the bet is a push and no profit or loss is recorded.

While sportsbet does have a nice app and some extra features like Same Race Multi Builder, racing statistics, insights, tips, speed maps and a blackbook, the truth is that their odds aren’t competitive and can be found at other bookmakers. As such, we recommend avoiding them and going to sites like Palmerbet, PlayUp, Unibet and Neds for better odds and a more reliable betting experience.