If you like to place bets on sporting events, then you have probably heard of Sportsbet. Owned by Flutter Entertainment, this gambling company primarily targets Australian players. It is licensed as a corporate bookmaker in the Northern Territory under the Racing and Betting Act 1993. However, if you’re not from Australia, don’t be discouraged. You can still place bets using their website. Here’s what you need to know.
Before it became a household name, Sportsbet was practically bankrupt. At the time, it was just an IT technician and a few phone operators. Today, the company boasts over 700 Australian employees. However, this success story is not all good news for the company. Its employees are often criticized, and if they aren’t, the company will lose their customers to competitors. It also faces tough competition from the likes of Bookmaker, Paddy Power, and Ladbrokes.
To maximize your profits, sports betting is a marathon, not a sprint. You will have good days and bad days. If you want to make sure your money is not going to go to waste, you should consider betting flat, or risking 1% to 5% of your bankroll on every game. The bankroll is your starting money, and this amount is the amount you’ll bet with. If you’re not sure how much to bet, check out Sportsbook.com. They have a free mobile app that includes live bet cover probability and odds shopping. The app allows you to track all of your bets on almost every sport, so you’ll be able to see your betting strengths and weaknesses, and maximize your winnings.
Aside from the standard odds and markets, Sportsbet also offers a variety of specials and promotions. For example, a single race in Australia could have a multiple winner market, which boosts your odds by selecting multiple horses. A similar feature was recently launched on Sportsbet’s website. Users can also select multiple runners to finish in the top three. A multi bet can be placed for a one-leg or a four-leg event.