Sportsbet’s Betting Odds Calculators

A sportsbet is a website or app that Aussies can use to make wagers on, well, pretty much anything. That includes major sporting events, reality show contests, and even TV plotlines. It’s a form of gambling that can lead to big profits when played correctly. However, it’s important to know your limits and understand the risks before placing any wagers.

To help punters make better betting decisions, sportsbet has launched a series of advanced betting tools. These calculators can help you assess your potential profit potential based on the odds and your stake. This will help you whittle down the available bets and make optimal betting decisions.

These tools can also help you understand the different types of betting odds. The numbers with the minus and plus signs in front of them indicate which side of the market the sportsbook expects to win the contest. The side with the minus sign is considered the underdog, while the one with the plus sign is the favorite.

When it comes to betting on a total, you are simply predicting whether the two teams will combine for more (Over) or fewer (Under) runs/goals/points than the total amount posted by the sportsbook. For example, a matchup between the Bills and Chiefs has a total of 42.5 points. If you think the game will be a defensive slugfest, then you would bet on the Over.

Aside from its betting odds calculators, sportsbet also offers Same Game/Race Multis which are a great way to build a trifecta or quinella bet with fixed odds. This is an excellent feature that sets it apart from other Australian bookmakers.