Sportsbet is an online gambling website that allows Aussies to place wagers on a wide variety of events. This includes major sporting matches, horse races, cricket matches and even reality show contests. It is a part of the Flutter Group, a multinational giant that owns Betfair, FanDuel, Paddy Power and other companies. It is the company’s biggest Australian operation and accounts for a third of its operating profits.
Its business model focuses on attracting recreational bettors and encouraging them to become long-term customers. This is achieved by offering attractive sign-up bonuses and promotions, and by increasing the number of available betting markets. The company’s customer service representatives are also able to provide assistance to customers who have questions about specific bets and their odds.
In addition to offering a wide range of sports betting options, Sportsbet offers a mobile app that lets users place wagers from any device. The app also features a variety of deposit limits that help you manage your budget and encourage responsible gambling. You can choose how much you want to risk per play, and it’s recommended that you not exceed 1% to 5% of your bankroll.
Aside from the basic sports betting markets, most online bookmakers offer additional specialty betting markets such as props and handicaps. These are designed to make bets more interesting and challenging. In these markets, you have to predict the probability of a particular outcome happening. The odds for these bets are often written in decimal form, which can be a little confusing to the uninitiated.