Sportsbet is a popular Australian online gambling company. Owned by Flutter Entertainment, the company focuses on the Australian market. The site is licensed as a corporate bookmaker under the Racing and Betting Act 1993 in the Northern Territory. It has a good reputation among Australian bettors, and has more than two million members. For more information, check out our sportsbet review. We’ve gathered some of the most important facts about this online betting website.
First-time punters might find the site’s homepage daunting, but once they start entering markets, the site becomes easier to navigate. In-play and upcoming events are highlighted in the menu on the left-hand side of the screen. A search bar is also located at the top of the page. Sportsbet offers a wide variety of betting options. Whether you’re looking for odds, live streaming, or live sports betting, Sportsbet has something for you.
The betting industry is highly competitive, and Sportsbet is no exception. Licensed venues generate more money than online betting sites, but the online betting industry counters that the cost of coverage is high for pubs and other licensed sports venues. A recent report by the Australian government’s Advertising Standards Board highlighted that Sportsbet’s ads made fun of performance-enhancing drugs in sports. The company did not comment on the Australian operations of Flutter, which it merged with in 2015.
While sports betting is a marathon, not a sprint, it’s an investment. Even if you bet the same amount on a particular game, you will still have good and bad days. One way to manage your losses is by using the flat-betting approach, whereby you bet 1% to 5% of your bankroll for each play. The bankroll is the amount of money you put into sports betting. The more you learn about the industry, the better off you will be.