Sportsbet is a well-known online gambling site. It has a variety of betting markets and features to cater for all types of punters.

You can make bets on local and international horse races as well as many different sports, including the AFL and NRL. Their website is easy to navigate and provides a lot of information about each race. You can filter between meets, matches or dates to find a specific event and place a bet.

One of the most common types of bets is a game total. It involves placing a bet on how many goals will be scored by two teams in a game. This is usually a good way to get a high return on your bets.

There are two main ways to place a bet on a team: by choosing the favorite and by betting against the spread. Both of these ways have their pros and cons.

Favorites are generally considered better bets than underdogs. This is because they tend to win more often than their opponents, whereas underdogs are more likely to lose more often than they win.

Another popular type of bet is a moneyline, which is a line that determines how much you can win on a certain bet. The oddsmaker will add an additional price to the moneyline, which is called “juice.” This juice is typically a negative number that you must pay for every bet.

Juice is also added to all bet types, such as spreads and totals. It will appear as a three-digit number to the right of the spread or total, usually in parentheses.