Sportsbet is a website and app that Aussies can use to make wagers on pretty much anything, from horse races to cricket matches, reality show contestants to TV plotlines. It’s a fun way to pass the time, but there are a few things you should know before you start betting.

Among the most popular bets are money lines, totals, and spread bets. Each type of bet involves a different way of calculating the winnings. While money lines and totals are based on the number of points, spread bets are based on margins of victory.

In addition to offering competitive odds on a wide variety of events, sportsbet has a few cool features to offer its customers. For example, their 100% Multi Bet offers are a great way to get a lot of bang for your buck, and they’re updated every two hours! They also have a nice loyalty program that lets you earn rewards for every bet you place.

When it comes to sports, Sportsbet is one of the most well-established bookmakers in Australia. Founded in 1993, the company was the country’s first licensed bookmaker and has since gone on to shape an industry that was once dominated by local operators. Today, the company is part of a global group of online sportsbooks that’s controlled by Flutter Entertainment Plc.