Sportsbet is an online gambling company that focuses on the Australian market. It is a licensed corporate bookmaker in the Northern Territory and is regulated by the Racing and Betting Act 1993. In addition to being licensed to offer wagering on sporting events, Sportsbet offers a range of other betting options.

The homepage of the Sportsbet website can be overwhelming, especially if you are a first-time punter. The site has a lot of markets to choose from, but once you get started, it becomes less confusing. The main page also displays a betslip, with all pending wagers clearly visible.

The most common sports bet is the point spread, which refers to the difference between two teams’ final point totals. For example, USC was a 14-point underdog against Alabama, and a $11 bet on USC wins $10. However, it is important to note that point spread bets are only available to people in the U.S. and some states do not allow gambling.

Sportsbet is the largest corporate bookmaker in Australia, with 1.2 million customers and 1.1 billion bets per year. While it had the size to become an industry leader, the company lacked the necessary resources to become more effective. Now, the company is able to leverage real-time data to make better decisions and increase revenue.