Sportsbet is an online gambling company. It is owned by Flutter Entertainment, and targets mainly the Australian market. It is licensed to operate as a corporate bookmaker under the Racing and Betting Act 1993. While it offers a wide range of betting options for sports enthusiasts, it focuses on horse racing. Here are a few tips to help you make a winning bet. 1. Understand the odds of various sports. 2. Avoid betting on obscure events, especially if you do not have enough money to put on a single horse.

One of the best ways to improve your chances of winning at sports betting is to avoid staking too much money on a single team. If you have a large bankroll, betting smaller amounts on fewer teams is a good way to protect it during bad runs. Also, by betting small amounts, you can make sure to lock in a positive ROI when the team is doing well. The same applies to flexi betting. Sportsbet offers similar race multi options, which allow you to select several runners to win or finish in the top three. You can choose from one to four legs for your multi, giving you more selection flexibility.

Responsible gambling is important for sportsbet, and it takes an active role in promoting responsible gaming. It supports measures like advertising restrictions and limiting television broadcasts before 8pm. It has also been a key player in setting up the Responsible Wagering Australia (RWA), an independent peak body for the industry. In 2015, it introduced a new initiative called Take a Break, which allows its customers to stop using Sportsbet for a limited time.