Sportsbet is Australia’s favourite betting site and offers a full range of betting markets. Its live streaming and form guides make it easy to stay up to date with racing.

Its odds are independent and are based on data from over 400 sportsbooks worldwide.

The odds are a tool for assessing an oddsmaker’s opinion on a game, event or proposition, and reflect the amount of money that must be risked to win a specific amount (the payout). It also reveals the sportsbook’s cut–also known as vigorish or juice–for offering the bet.

Betting units are a crucial part of any sports betting strategy, and can help to ensure that you avoid major peaks and valleys in your bankroll. They also provide a means of keeping track of your wins and losses, and contrasting them to other bettors.

It’s important to consider your goals and objectives when making sports bets, so that you can choose the best strategy for you. Whether you’re looking for small, steady returns or bigger profits, sports betting can be rewarding for those with the right mindset and a sound strategy.

Bet with Mates – Group Betting

The bet with mates feature allows you to create a group of mates, pool your funds and bet on any race or sport market at anytime. This is a great way to get the most out of your betting experience, and to share in the thrill of the action with friends.