If you’re looking for a fun way to bet on sporting events, sportsbet may be a good choice. Sportsbet is an online betting company owned by Flutter Entertainment. It mainly targets the Australian market, with licenses as a corporate bookmaker in the Northern Territory and under the Racing and Betting Act 1993. If you’re unsure whether sports betting is right for you, read on to learn more about this online gambling site.
When you first visit the Sportsbet website, you’ll probably feel overwhelmed by the huge number of options. There are sliding promotions and dozens of markets, but this is quickly remedied once you start entering specific markets. Sportsbet’s website also offers live in play betting, so you can see all your pending and active bets at a glance. You can also view live racing streams in real time to make the most informed betting decisions.
Sportsbet’s origins are in Darwin, Australia, where the company was founded in 1993. At that time, it was Australia’s first licensed bookmaker. By 2005, the company was on the verge of bankruptcy, but when Matthew Tripp bought it for AU$250,000, it was able to start growing exponentially, defining the industry it is today. While this is a positive sign for the industry, it does mean that Sportsbet’s operations aren’t without their flaws.
Another key feature of Sportsbet is their integration into sporting events. They even have experts who are ex-football players. Their advertisements have sometimes caused controversy, and one of the most notable was an ad featuring Ben Johnson, a former football player, which was banned by the Advertising Standards Board for making fun of performance-enhancing drugs in sport. This controversy led to the removal of the ad and Sportsbet had to apologize to the advertising industry for misleading advertising.