Sportsbet Review – How to Make a Profit Betting on Sports

Sportsbet is an online and mobile bookmaker that allows Aussies to make wagers on, well, pretty much anything. This includes major sports events, horse races, cricket matches, and even reality show contests or TV plotlines. Its success story is a textbook example of the power of technology and innovation.

The company was launched in 1999 and grew from a humble website into a multi-million dollar operation in a few short years. The founders were able to take advantage of rapidly increasing internet speeds and a legal ruling that allowed them to advertise their services in populous areas. Their growth has continued since then, with the addition of new products and features that keep punters coming back for more.

While it’s possible to turn a profit betting on sports, it’s not easy – especially over the long haul. Those who stick to a few key tips can increase their odds of success. One is to never bet more than you can afford to lose. Another is to track your wins and losses (a standard spreadsheet works fine) so you know what you’re up against.

To maximise your chances of winning, look for markets that offer competitive prices. Odds for different sports and events can vary widely, so it’s a good idea to shop around before placing your bets. For example, a basketball game may be priced at -8 by one book while another offers -7.5. The extra half-point might not seem like a big deal, but it adds up over time and can improve your chance of winning.

There are a number of additional features to consider when selecting a sportsbook, such as its betting markets and the types of bets it accepts. Also, investigate the reputation of the sportsbook by looking at reviews on independent review sites. However, it’s important to remember that user reviews are subjective and what might be a positive for one person could be a negative for another.

Lastly, you should check whether a sportsbook offers a mobile app or live streaming. If it does, you should download and use it regularly to stay up to date on the latest betting markets.

Sportsbet’s app is decent and it has a few extra features such as a Same Game Multi Builder function, live streaming of AFL and NRL games, a Blackbook feature, Speedmaps, stats, insights, and tips. However, there are other sites such as PlayUp, Palmerbet, Unibet, and Neds that have better betting apps and offer more racing markets.

If you’re betting from outside Australia, a VPN can help you get access to Sportsbet’s geo-restricted markets. A good VPN provider, such as NordVPN, also provides total security and privacy with data encryption and multi-factor authentication. If you’re serious about gambling online, a VPN is a must-have.