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Out of each wager placed through OTB, approximately 77 percent goes into the parimutuel pools for distribution to winning bettors. The remaining amount, known as the "takeout", is retained by the OTB operator. In addition, a surcharge of 5 or 6 percent is deducted from most payouts to winning OTB bettors.

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    1.12. 2. Subject to the provisions of this clause, Sportsbet reserves the right to limit the total winnings payable to any individual customer on any bet type on a single event/selection or on multiple bets which include at least one of the same selection to $1 million (Maximum Win Limit).
    Sportsbet.au was one of the first bookmakers to go online in Australia and they were one of recommended bookmakers until Paddy Power took them over. We do not recommend punters bet with Sportsbet. We recommend betting with a bookmaker such as Ladbrokes, Unibet, Neds or Swiftbet.
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