Sportsbet is one of Australia’s leading online bookmakers. It is licensed in Australia and offers responsible gambling programs and deposit limits. It also provides age verification and other security features to protect its players. The licensing process requires 18 months of research and a sizable investment, but it ensures the company meets all legal and ethical standards. Its responsible gambling programs help bettors understand the risks of sports betting and make smarter decisions.
The website is easy to navigate and offers a clear breakdown of the basics for each sport. In addition to the major sports, they also offer a full offering of minor sports and esports. The site also offers a great range of betting markets, and its app is mobile-friendly.
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As a newcomer to the world of sports betting, it can be difficult to determine how much to risk per game. To avoid going broke, it’s a good idea to start out by placing small bets that are based on statistics and probabilities. This way, you’ll have a better chance of winning. It is also recommended to stick to a flat-betting strategy. This means that you should never risk more than 1% to 5% of your bankroll on each play.
Sportsbet’s net worth is reportedly in the hundreds of millions, but its recent financial results have been impacted by point-of-consumption taxes and tight competition from rivals. Its advertising has a habit of stirring controversy, and it’s not uncommon for its ads to be banned by the media watchdog for making light of performance-enhancing drugs.