Sportsbet Review – How to Make a Living Betting on Sports and Racing Online

Sportsbet is one of the largest corporate bookmakers in Australia. It has a solid reputation and has grown tremendously over the years as betting on sports and racing began to take off online. Its humorous TV ads and witty social media content have helped bring the brand to the mainstream.

It is possible to make a living from betting on sports but the key to success is having discipline, not gambling more than you can afford to lose and doing your homework. The best way to find good bets is to stick with sports that you’re familiar with from a rules perspective and follow them closely for news updates. Also, keep track of your bets in a spreadsheet (a standard Excel sheet works fine) and only bet on teams/players you have an objective opinion about – betting with your heart is not the way to go!

To bet on sports, head to the Sportsbet website and select a sport/event from the list. The homepage can be a bit overwhelming with sliding promotions and many markets, but once you enter a market the amount of irrelevant information is reduced making it easier to find the bet type/picks you want. Once you’ve entered your picks and selected your bet type, the bet slip will appear on the right side of the page and all you need to do is click Place Bet.

The website is well designed and easy to navigate. It has a clear sports menu, league tables and quick links to popular events and is available on both desktop and mobile. The app loads quickly but does seem to run a little slower than the desktop site.

As far as the odds are concerned, Sportsbet offers decent pricing but is surpassed by other bookmakers like Neds, Unibet and Bet365 on the racing side. They offer Same Game/Race Multi Builder, race stats, insights and tips, live streaming and speedmaps but these are largely extra features that don’t add much to the overall experience when you compare them with other bookmakers.

In addition to doing your research and not betting with your heart, you should also consider using parlays judiciously. These can have huge payouts but they are more risky than single bets and you should always be sure you know how much your bankroll can stand to lose before placing a parlay. Finally, it’s important to stick with the same amount of money you want to gamble each week, regardless of how many wins or losses. This is a key to long-term success as chasing your losses can lead to financial ruin. By following these simple tips, you can increase your chances of winning at sports betting and become a pro punter. Good luck!