Is Bet365 better than SportsBet? In my opinion, Bet365 offers a more comprehensive betting experience with its extensive range of markets, competitive odds, and exceptional features like live streaming and in-play betting.

Sportsbet is licensed as a corporate bookmaker in the Northern Territory under the Racing and Betting Act 1993 (NT). Sportsbet is headquartered in Melbourne and seeks to operate within the boundaries set by multiple Australian regulatory authorities at a federal and state level.

After selecting your bet, you have the option to place an each way bet by ticking the box marked E/W on your betslip, which also tells you the place terms. This will double your stake. So a 5 each way bet on a horse at 6/1 will have a total stake of 10 - 5 on the horse to win, 5 on the horse to place.