A sports bet is a wager that you make on the outcome of a sporting event. You can place a bet on anything from the winner of a game to how many points a team will score in a game. The odds of a particular event are set by the sportsbook and reflect their opinion on how likely it is that something will happen during a game or event. If something has a high probability of occurring, the sportsbook will offer a lower payout than something that is more unlikely.

Whether you’re betting the Over or Under, sports bets are an excellent way to spice up your sporting experience. They allow you to make a bet on the total amount of goals scored in a match or game and can pay out long before the final whistle blows. However, you should be aware of the risks involved in making these types of bets.

Sportsbet is an online bookmaker for Aussies that offers a wide range of betting options. You can bet on major events, such as horse races or cricket matches, or you can bet on more obscure outcomes, such as reality show contests or TV plotlines. It’s easy to get started and makes for an exciting addition to your sporting experience.