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PointsBet Sportsbook

PointsBet is a newcomer in the sports betting world but they have come a long way since their Australian launch in 2017. Entered New Jersey in January 2019 and offers in many ways a unique sportsbook.

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Awesome spread betting
Odds on almost anything
Welcome offer

Up to $1000
in risk-free bets

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PointsBet Sportsbook Promo Code and Review

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.

Get up to $1000 in risk-free bets!

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.


General info
Operating Since 2017 in Australia and 2019 in New Jersey
Available in StatesNew Jersey (NJ)
Land Based PartnerMeadowlands Racetrack
Banking OptionsVisa
MasterCard
Instant eChecks

PointsBet Promo Code & Bonus

Promo Code

Use Bonus code “WELCOME” when you register your account to get the bonus offer.

$1000 in Risk-Free Bets: 2 bets up to $500 each

PointsBet will indeed wish you a warm welcome with two separate risk-free bets, up to $500 each. One is given for fixed odds market, while the other works for “Pointsbetting”. You can claim both offers.

Bonus Terms:

  • Your first bet 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 PointsBetting wager
  • Refunds are processed within 24 hours of the settlement of your qualifying bets

The promo code for this sign-up offer is WELCOME and you should type it in during the registration process.

Get up to $1000 in risk-free bets!

Many other promotions offers

On top of this welcome offer, PointsBet has a whole range of on-going promotions for their regular customers. We will mention all of the promos & specials which were available in the summer of 2019 but have in mind some of them will be out of date soon.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.

We’ll Price Your Bet on All Sports – You can request a price for any bet you can think of and the bookie will usually get back to you with an adequate price. You can thus request odds for the number of games played for LeBron James & Anthony Davis v Kawhi Leonard & Paul George for example.

Double Parlay Winnings – They will double your winnings up to $200 for parlays consisted of four or more legs. The minimum bet amount is $25 and you can only take advantage of one such promo per day. Each leg of the parlay must have at least -500 odds and the total parlay price has to be at least +1000.

MLS Early Payout – If your team gets a lead by two goals, you will be instantly paid, regardless of what happens next in the match. Only outcome bets are valid.

MLB Early Payout – This only works for Yankees, Mets, Phillies, Red Sox, and Dodgers. If they get a lead by3 runs, you will be paid immediately. Only Moneyline bets count.

Let it Fly Fridays – If you place at least $50 on any Moneyline market in baseball, they will give you $20 in bonus bets for each home run hit by your player. This one is only active on Fridays

Rewards – You can claim different kinds of rewards (in terms of free bets and bonuses mainly) in exchange for “Rewards points”. You earn 1 reward point for every $5 staked on fixed odds bets, for every $1 placed on a parlay and for every $1 won or lost in “PointsBetting”.

Refer a Friend – Both you and your friend will receive a $50 free bet if you refer him to PointsBet with your unique link.

Daily Player & Parlay Boosted Odds – Follow the site to know which bet is boosted on each day (example from +100 to +150).

PointsBet Game Selection

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.

PointsBett offer classic & exotic markets, fixed odds & Pointsbetting.

PointsBethave 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.

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 “Pointbetting”?

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.

Live-Streaming

Live-streaming is unfortunately not yet available at PointsBet.

Banking Options

There are only four banking options currently available for PointsBet. 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 Methods Processing Time Payment TypeMinimum Deposit
VisaInstantCredit/Debit Card$5
MastercardInstantCredit/Debit Card$5
ACH e-CheckInstantE-banking$5
PointsBet CardInstantPrepaid Debit Card$5

Withdrawal Options

Payment Methods Processing Time Payment TypeMinimum Withdrawal
VisaUp to 72 hoursCredit/Debit Card$10
MastercardUp to 72 hoursCredit/Debit Card$10
ACH e-CheckUp to 72 hoursE-banking$10
PointsBet CardUp to 72 hoursPrepaid Debit Card$10

How to Place a Bet at PointsBet

Joining PointsBet 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.

Very simple to both register and place a bet.

When you first visit the www.pointsbet.com 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.

The promo code box is the first thing you will see. The “WELCOME” code will already be there and you should just skip this step. If you by any chance do not see the code written in the box, you should type in “WELCOME” to opt-in for two risk-free bets.

Apart from the code, 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.

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”.

Register with PointsBet now!

PointsBet Mobile & App

PointsBet New Jersey has the mobile app compatible with both iOS and Android devices. You will easily find download links at the bottom of the PointsBet page. All betting options, including all in-play events, are available with the 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 PointsBet 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.

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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