Sportsbet is one of the biggest online betting sites in Australia. The site is licensed in Curacao and offers 2FA (two-factor authentication), which continues to be the norm for secure log-in methods.

Odds are a key part of sports betting and it’s important to know what they mean before placing any bets. They specify the implied probability of an outcome and how much money you can win. They are usually displayed in American, British (fractional) or European formats.

Betting odds are constantly changing before and during a game and they can be affected by a number of factors, including the overall amount of money in the market, events leading up to the event, and the odds offered by various bookmakers. However, the odds displayed by any given sportsbook should be considered as a guide and not an absolute, which is why it’s important to check with multiple sportsbooks before placing your bets.

Bet the underdog – The underdogs are often overlooked when it comes to sports betting but they can be extremely profitable. This is because they are usually overhyped and will have a higher payout than the favorite.

Keep up to date with odds – The latest odds are generally available in mobile sites or apps, which make it very easy to keep track of them as the event unfolds. This can also give you a good edge because you will be able to catch any changes in the odds before they occur and can place your bets accordingly.