PointsBet entered the online sports betting world in 2017 when they launched their first sportsbook in Australia. Their main plan was discovering the US market which they eventually did in January 2019 opening their maiden US betting site in New Jersey.
Meadowlands Racing is their land-based NJ partner, while the company is licensed and regulated by the New Jersey Division of Gaming Enforcement. Since their New Jersey launch, PointsBet is also offering its services in Indiana, Iowa, Colorado and Illinois.
What makes PointsBet unique is their great selection of spread betting. When you place a bet on the spread market, you have the chance to both wins much more, but also lose much more than your original stake. It all depends on the margin of the final result.
PointsBet Video Review
General info
Operating Since
NJ: January 2019 IA: August 2019 IN: March 2020 IL: September 2020 CO: November 2020
Available in States
New Jersey Indiana Iowa Colorado Illinois
Land Based Partner
NJ: Meadowlands Racetrack IA: Catfish Bend Casino IN: Penn National Gaming IL: Hawthorne Race Course CO: Kroenke Sports & Entertainment
Banking Options
Visa MasterCard Instant eChecks Online Bank Transfer
PointsBet Promo Code & Bonus
PointsBet Promo Code
Use promo code USSB2000 when you register your account to get the $2000 risk-free bet bonus.
$2000 in Risk-Free Bets: First real wager up to $500 + First Pointsbetting wager up to $1500
PointsBet sportsbook will indeed wish you a warm welcome with two separate risk-free bets, up to $500 on your first real wager and up to $1500 on your first Pointsbetting wager. One is given for fixed odds market, while the other works for “Pointsbetting”. You can claim both offers.
Bonus Terms: – Your first two bets on any sports market will be ensured all up to $500 as they will refund your stake if it lets you down. – The same works for your first bets for PointsBetting wager all the way up to $1500 Refunds are processed within 24 hours of the settlement of your qualifying bets.
The promo code for this sign-up offer is USSB2000 and you should type it in during the registration process.
PointsBet sportsbook will indeed wish you a warm welcome with four separate risk-free bets, up to $250 each. One is given for fixed odds market, while the other works for “Pointsbetting”. You can claim both offers.
Bonus Terms:
– Your first two bets on any sports market will be ensured all up to $250 as they will refund your stake if it lets you down – The same works for your first two bets for PointsBetting wager – Refunds are processed within 24 hours of the settlement of your qualifying bets
The promo code for this sign-up offer is USSB1000 and you should type it in during the registration process.
On top of this welcome offer, PointsBet sportsbook has a whole range of on-going promotions for their regular customers.
We will mention all of the promos & specials which are currently available but have in mind some of them will be out of date soon. Anyhow, the list should give you an example of what to expect from PointsBet moving forward as their promotions mainly work on similar principles.
Get the Markets of Your Wish – New PointsBet Feature
PointsBet is claiming in advertisements to offer more markets and betting options for the most popular US sports than any other bookmaker in the world.
Based on what we have seen, the advertisement is genuine as one can hardly find more betting variations for competitions such as NBA or NFL anywhere else on the planet.
PointsBet have more than 200 distinct markets for any significant game in basketball, football, hockey, baseball, and soccer.
Traditional betting markets involve all common lines such as Moneyline, spreads, totals, player props, and team props.
Fixed Odds and PointsBetting
When you click any event, you will see “Fixed Odds” and “Pointsbetting” separated. You can thus easily choose whether to back a “normal” bet or to go with a riskier option and try their exclusive pointsbetting market.
We randomly took the baseball tie between Chicago White Sox and Miami Marlins to show you an example of what you can bet on for an MLB regular-season affair.
Spread, total and Moneyline are three major betting markets and you will see them instantly. Moving forward, you can place Moneyline and points spread bets on the first 3, 5 or 7 innings.
There are also double markets such as Chicago White Sox to win & Over 9.5 points to be seen in the game. You can also back “Home Run” and “Match Winner” double.
Scrolling further down the list of markets, you will see
“Hit Markets“ (example: Miguel Rojas to get a hit, Miami Marlins to have 10-11 hits, Jose Abreu to record an RBI, etc.),
“Pitcher Markets” (example: Ivan Nova or Trevor Richards to record a win),
“First Inning Markets”, Pick Your Own Markets” (player hits, player total bases, etc.) and “More Markets” (player to steal a base, odd/even total score after 3,5,7 innings, etc.).
As for pointsbetting, you can back the following:
PointsBetting
Team Lines
Total Match Runs
Total Match Hits
Player Hitter Performance
Multipliers – Match Runs x Hits for example
Player Stats
Performance per Each Inning
The range of markets is even more impressive for NBA and NFL games and you should stay tuned and follow these when the season begins.
You can place bets on as many different markets as you can imagine, including pointsbetting variations for:
Number of passing yards for a specific quarterback in NFL
NFL MVP Player
NBA Players to be named an All-Star
What is “Pointsbetting”?
We would like to pay special attention to explaining the whole pointsbetting structure for those new to this type of betting.
We are all used to the traditional betting where there are usually only two possible options and you either win or lose. The best way to go through this explanation is to take a simple example.
PointsBetting makes your winnings or losses depend on the margin of the victory or loss of your team…
Let’s say you want to make a bet on Los Angeles Lakers (with LeBron James and Anthony Davis) to beat Sacramento Kings by at least 10 points difference. The line will be 9.5 and you will win the same amount no matter the margin, as long as it is bigger than nine points.
Proportionally to this, you will also lose the same amount (your original stake) whether Sacramento holds the Lakers to a five-point loss or whether they go on and win the match by 20 points.
The structure is different from “PointsBetting” where your winnings or losses depend on the margin of the victory or loss of your team. In the case of Lakers’ victory by 30 points difference, you would win much more than with their victory by 10 points difference.
Equally to this, you would lose much more if the Kings claim an upset and beat the LA side by 20 points difference.
If you are wondering how the structure works for an ice-hockey affair (much less possible variations), they have a special formula to determine winnings or losses.
One goal in hockey makes a much greater difference than one point in basketball or football, which is why it has much bigger significance in regulating your winnings or losses.
It is important to mention that PointsBet has a cap on the maximum amount you can win or lose with this type of betting. It is usually 4-5 times the amount of your original wager in both cases.
There is also a “Stop Loss” option which allows you to set the maximum amount you can afford to lose. Note this will affect caps for your maximum winnings too.
Variety of Odds
We found pricing at PointsBet pretty fair. From what we found out from the comparison with the odds given by the global industry leaders, the odds at PointsBet are pretty standard. They have a low betting margin (around 4-5%) for most sports.
Pricing is different from the “PointsBetting” feature. We will once again use the basketball (NBA) example to best show it. Say you want to place a $10 bet on Toronto Raptors to see off Chicago Bulls by at least 10 points difference.
If Toronto wins by a 20-point difference (110-90), you would win $100 as your stake is multiplied by the difference in the margin (you backed them to win by ten points, but they won by 20).
On the other hand, if Chicago wins by a single-point margin, you would lose $110 instead of a $10 stake.
You backed the Bulls to lose by 10 points, but they won by 1, meaning the difference in points is 11. The number is then multiplied by your stake and you get a $110 loss.
Variety of Live Betting Odds
Most matches available for pre-game betting can also be found in the in-play betting section. This is rarely the case with most US-based betting companies, but we have to say PointsBet is doing an excellent job in this field.
Decent array of markets and fairly common pricing.
Even when there is zero action for the most popular US sports (morning hours), you can always find tennis options for live betting.
The number of markets is almost identical to the one we’ve encountered at with most of the top-notch European betting sites and involves “Match Result”, “Total Games”, “Game Handicap” and “Game Winner” markets.
The odds in the live-betting section are industry-standard.
Points Bet Live-Streaming
Live-streaming is unfortunately not yet available at Points Bet.
Banking Options
There are only four banking options currently available for Points Bet. We would like to highlight the fact that we were unable to withdraw our funds until all of our “PointsBetting” wagers were settled.
This is reasonable because your potential losses can be much higher than the stake for your bet. You should also know that identity verification and credit card (or payment) verification are required before you can process your maiden withdrawal.
Deposit Options
Payment Logos
Payment Methods
Processing Time
Payment Type
Minimum Deposit
Visa
Instant
Credit/Debit Card
$5
Mastercard
Instant
Credit/Debit Card
$5
ACH e-Check
Instant
E-banking
$5
PointsBet Card
Instant
Prepaid Debit Card
$5
PayPal
Instant
E-Wallet
$5
Withdrawal Options
Payment Methods
Processing Time
Payment Type
Minimum Withdrawal
Visa
Up to 72 hours
Credit/Debit Card
$10
Mastercard
Up to 72 hours
Credit/Debit Card
$10
ACH e-Check
Up to 72 hours
E-banking
$10
PointsBet Card
Up to 72 hours
Prepaid Debit Card
$10
How to Place a Bet at Points Bet
Joining Points Bet and placing bets with them requires a very simple process. To be eligible to register a new account there, you need to be at least 21-years-old and physically located in New Jersey, Indian, Iowa and/or Illinois.
Very simple to both register and place a bet.
Time needed: 3 minutes.
Step by step guide on how to register and place a bet at PointsBet
Click on the Register with PointsBet now button
When you first visit the PointsBet site, the “Sign Up” button will be easily visible inside the red box at the top right corner of the main page. Once you click it, a registration window, consisting of two steps will pop up.
They will ask you to write your full name, last name, and e-mail. The second part is where you should provide the following:
– Date of birth – Mobile Number – Last 4 digits of your SSN – Address – Account Username – Password
Finally, you should just tick boxes to confirm the site’s terms & conditions, age, and the validation of the information you have provided.
Place your bet
Placing bets is as easy as the sign-up process. You will find the whole list of sports on the menu on the left-hand side. You will then simply just choose your preferred sports event. To place a bet, you should only click on the odds and the bet will appear in the bet slip on the right-hand side. You will notice that all US sports have two types of odds: “Fixed Odds” and “PointsBetting”.
PointsBet has the mobile app compatible with both iOS and Android devices. You will easily find download links at the bottom of the Points Bet page. All betting options, including all in-play events, are available with the PointsBet app.
If you do not want to bother with the download or the installation process, you can place bets on the go using your mobile browser as well. The mobile site is accommodated to small screens and has identical functionality as the desktop page.
Customer Support
You can get in touch with Points Bet agents via e-mail and live chat which operates 24/7. There is no telephone number, but we don’t see it as a downside given you can easily reach out to them via the live chat option at any time of the day.
On top of traditional supporter channels there is “The Revis Betting Academy”.
Moving forward, they have the “Revis Betting Academy”, a feature which will best introduce you to their special pointsbetting system. On top of this, the “Help” section is also on disposal with a decent number of common questions answered.
State Availability
PointsBet NJ
PointsBet entered New Jersey on December 11, 2018 and was one of the first ten sportsbooks to launch in the Garden State. They have a license partnership with Meadowlands racetrack and is the coolest looking sportsbook in New Jersey.
PointsBet Indiana
PointsBet was one of the first sportsbooks to enter (March 5, 2020) Indiana. The license partnership is through Penn National Gaming and Indian is PointsBet’s third state for online sportsbetting.
PointsBet Iowa
On August 15, 2019 PointsBet launched in Iowa through a partnership with Catfish Bend Casino.
PointsBet Illinois
On September 15, 2020, 13 months after the launch in Iowa, PointsBet Sportsbook entered the state of Illinois.
PointsBet Colorado
With the launch of PointsBet CO on November 18, 2020 Colorado became PointsBet’s fifth state in where the Australian founded sportsbook offered their online sports betting services.
Summary PointsBet Sportsbook
We have to say we are thrilled with the experience we had at PointsBet. They promised to have the widest range of markets for the biggest US sports and they have truly delivered.
Not only has the “PointsBetting” feature made them unique. The site will give you odds on practically anything you would like to bet on as long as the event is popular in the United States.
So many positives for this unique brand.
We can’t say anything as the site’s downside actually. They do not have the live-streaming facility, but everything else (including the friendliness of the odds, the abundant array of promotions, and the mobile app) is at the top level.
There is just one important advice we’d like to share with those who are new to “PointsBetting” – Be careful with stakes as you can lose much more than with regular bets.
FAQ
Is there a special promo code required for the two up to $500 risk-free bets at PointsBet?
Yes, the code is “WELCOME”, but you don’t even have to type it as it will appear in the promo code box in the registration process.
Do all sports have the “Pointsbetting” feature available?
No, you will find “Pointsbetting” only as an option for the most popular US sports.
Should Inexperienced Players Join PointsBet?
Absolutely! Their official webpage is providing a lot of useful information and explains the basics of sports betting.
Were there any bad reviews or fraudulent activities around PointsBet?
Not a single one! The reputation so far has been flawless. We are only promoting legal, licensed websites, and PointsBet are definitely one of them.
Are there any additional PointsBet promotions?
We have listed all current promotions above. However, there are numerous offers throughout the year for specific events, so the best thing you can do is regularly check their “promotions” tab or subscribe to newsletter.
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