By Anthony Cervino

Jul 24, 2021

Overview of PointsBet

PointsBet offers innovative features and promotions, and my experience with the app was nothing short of great. The sportsbook’s ease of use and functionality will come in handy for both new and advanced bettors.

    Pros
  • High Quality App Experience

  • Many Sports & Bet Types Offered

  • Features & Promotions Are Unique & Timely

  • PointsBetting Feature

    Cons
  • Live Betting Could Diversify

  • Learning Curve for PointsBetting

  • Payment Options May Be Limited to Specific State

  • In-Play System Needs Some Work

  • Mobile Experience
    10/10
  • Payment options
    9/10
  • Support
    8/10

PointsBet Sportsbook Review & Promo Code

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PointsBet Sportsbook Hands-on Review

While PointsBet was founded in Australia, the company has come over to the United States and is now operating in states that include Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey, and soon to be legal in Tennessee. 

Though still viewed as one of the newcomers in the industry, PointsBet is growing at a rapid pace and quickly becoming one of the go-to books in the market. They are even partnered with notable affiliations that include NBC, the Chicago Bears, the Indianapolis Colts, and Kroenke Sports and Entertainment (Denver Nuggets, Colorado Avalanche, Colorado Mammoth, Pepsi Center), and the PGA Tour, just to name a few.

Contrary to other sportsbooks, PointsBet is the only online bookmaker that features PointsBetting, which is an alternative to traditional wagering. I will dive into the subject of PointsBetting and explain how it works later in this review.

Along with PointsBetting, PointsBet also offers exclusive traditional betting options, promotions, daily boosters, and some of the most aggressive odds in the market. They are also the only sportsbook to offer their own Mastercard.

Is PointsBet Sportsbook Legit?

Yes, PointsBet is a legitimate online sportsbook where you can win real money. While they are an Australian-native company, they are a legally authorized sportsbook in the United States.

Can You Win Real Money Playing at PointsBet Sportsbook?

Yes, you can win real money at PointsBet as long as you’re playing within the legal state lines of New Jersey, Colorado, Illinois, Indiana, Iowa, and Michigan.

PointsBet Signup Bonus

Before we get into whether or not PointsBet Sportsbook is the right betting site for you, I do want to highlight the risk-free bet offer you get with promo code TGD2K. I will explain the welcome bonus in detail below.

PointsBet No Deposit Bonus

Currently, there is no deposit bonus available at PointsBet. But we will be sure to let you know if and when one becomes available.

Deposit Bonus

Currently, a deposit bonus is not available at PointsBet. We’ll let you know when they make a first-deposit bonus available.

Risk-Free Bet

  • New users can enjoy two risk-free bets of up to $2,000 by using the code TGD2K.
  • Receive up to a $500 Refund in Free Bets if your first Fixed-Odds Bet loses. Then, you can receive up to a $1,500 site credit in Free Bets if your first PointsBetting Wager loses.
  • No rollover requirements on free bet winnings

PointsBet Promotions

PointsBet features a number of promotions throughout the year, but these are a few of the standard promos you will likely come across:

Single-Game Parlay Booster

The single-game parlay booster is a feature exclusive to PointsBet. It is also only available for promotion-eligible users. This feature allows a user to build any 3+ leg single-game parlay of their choosing and boost the final price. All single-game parlay eligible markets are available to be boosted.

The PointsBet Karma Kommittee

Per the PointsBet web site: “The PointsBet Karma Kommittee never sleeps. It convenes on a moment’s notice to help correct the injustices that harm our betting accounts. Bad call? Season-ending injury? The Kommittee has the power to execute a Good Karma Payout, refunding all affected bettors in Free Bets.”

To contact the PointsBet Karma Kommittee, “Tweet them at #KarmaKommittee if you spot a brutal beat. The KK is always watching.

Other promotions to keep an eye on:

  • Parlay Booster: The same rules as the single-game parlay booster apply here.
  • Cash-Out Spreads and Totals
  • Single-Game Parlays
  • Single-Game Parlay Insurance

PointsBet has unique offers and features compared to the competition. From their PointsBetting type of wagering which allows a user to control how much they can win or lose on a scale as well as their accuracy, to their exclusive Karma Kommittee, which could ultimately give you a refund on a “brutal loss” with free bet comps.

Two more aspects exclusive to PointsBet are the ability to boost both traditional and single-game parlays. I also love the Name a Bet feature which allows the user to suggest a bet to the powers-at-be.

Then, if the criteria are met, PointsBet will put the bet on the market for all to wager. While you can name almost any bet when it comes to “field of play,” you cannot name a bet that outside influencers have the ability to sway the outcomes, such as the National Anthem.

How to Join PointsBet

Registering at PointsBet is a cinch. Follow these basic steps:

  1. First, click “Claim Now”, which will send you to the PointsBet site.
  2. When prompted, use promo code TGD2K at signup to ensure you get the best welcome bonus available.
  3. Fill out the required information, including the last four digits of your social security number.

Now you’re ready to deposit and bet!

My PointsBet App Experience

You can download the PointsBet for Android and iOS devices, which I did on my Samsung smartphone by going to the website on my Chrome web browser and had the app on my phone in under 30 seconds.

The download was simple, but for Android users, make sure you have the ability to download from third-party sources enabled. For iOS users, you will be able to find the PointsBet app in the App Store.

Exploring my way through the app was easy on the eyes due to PointsBet’s color scheme, which delivers a black background and some red trimming with white font. This made it easy to look through different betting lines in the dark as I looked into different games I wanted to potentially bet on the next day (such as Celtics vs. Nets who are squaring off in the playoffs).

Looking through the different markets is really simple and user-friendly. There are three tabs at the top that make it easy to find the most popular games, live bets, and the games closest to start times.

At the bottom of the app, you have similar options, but with the ability to expand to all sports and make quick parlay picks. You can also access your bet slip and other miscellaneous features and options.

Placing bets is also quick and easy, as you can imagine. Honestly, everything is clear and limits any sort of confusion for the bettor. Most games have specific sections for the type of bet you want to make, whether it be fixed odds, single-game parlay picks, PointsBetting, or teasers.

You can also quickly find what promos they may have in the Menu list at the bottom of the app. Again, just clean and simple.

I’m a fan of the user experience through and through. Betting should be easy and PointsBet succeeds very well at achieving this through the app. When it comes to the app’s functionality, I honestly have no complaints. A+.

Should You Bet at PointsBet Sportsbook?

Sportsbooks have come a long way since the days of off-shore betting accounts. While most have promotions and features for new users, PointsBet goes above and beyond to not only get a new customer but to keep them as well. The overall usability of both desktop and mobile devices is outstanding and easy on the eye.

While PointsBet offers your traditional Fixed Odds betting, their PointsBetting system could be a game-changer, especially if you consider yourself a sharp. Their In-Play system needs some work, but we have to keep in mind that PointsBet is a fairly new platform compared to their mainstream competition. Though a work-in-progress, there is not much that PointsBet can do to get better for the user unless they want to give money away for free.

The biggest downfall of PointsBet is the fact that they are currently available in only six states. However, don’t fret, as sports betting popularity is growing throughout the country, meaning PointsBet will likely be available in your area. Just give it time.

If you are a user who utilizes multiple sportsbooks and PointsBet is not one of them, you should definitely consider joining. And if you are new to sports betting and can only choose one platform, I implore you to choose PointsBet. In their help section, they will even thoroughly explain the ins and outs of how Fixed Odds betting and PointsBetting works so a new user is not left behind.

Payment Methods Available

PointsBet offers a slew of options for deposits and withdrawals that vary from state-to-state.

Deposits

  • Cash: A user can make cash deposits (and withdrawals) at select casinos and race tracks PointsBet is partnered with. Currently, you can do this in New Jersey at the Meadowlands Racetrack, and Iowa at the Catfish Bend Casino.
  • PayNearMe: The PayNearMe option allows a user to make cash deposits at select locations local to them. While this option is for making deposits only, it is extremely convenient. All you have to do is go to the drop-down menu, select the PayNearMe option, input your zip code and PointsBet will direct you to various locations closest to the user so they can go and make their deposit and start placing wagers. Then, you select the store you’d like to make your deposit at (7/11, CVS, Family Dollar, etc) and PointsBet will give you a barcode to present to the location’s cashier or customer service representative. The PayNearMe option is cash only and it only allows a user to deposit up to $500 every 24 hours.
  • ACH/eCheck: The ACH/eCheck option is self-explanatory, but it also may be the slowest of deposit and withdrawal times. Along with your relevant bank information (bank name, routing number, account number, etc), PointsBet will also ask you for your Driver’s License number as well. Going this route, you will be faced with something called Individual Limit. Each user’s Individual Limit is determined by PointsBet’s ACH processor, Global Payments, and not actually governed by the sportsbook itself.In order to raise your deposit limit, a user must personally connect with Global Payments at 1-800-500-1973 and request an increase on their limit. Please note that not all users will have their limit raised and if they are awarded an increase, it may not be on the spot. Again, this will be at the discretion of Global payments, not PointsBet.
  • Online Banking

It may take up to three business days for your deposit to hit your PointsBet account to be used to place wagers.

  • Credit/Debit Card (New Jersey, Deposit only)
  • PayPal (New Jersey for Deposits and Withdrawals, Indiana for Withdrawals only)
  • PointsBet Mastercard (New Jersey)

Per PointsBet, the PointsBet Mastercard is the quickest way and most convenient way to Deposit and Withdraw funds from your account. It is a prepaid card, you a user and load it up using their Visa, Mastercard, or bank account.

When funds are on the card, it can be used anywhere debit and Mastercards are accepted and at ATMs for cash withdrawals as well. Withdrawals are said to be instantaneous.

Withdrawals

Here is a list of withdrawal options you have at PointsBet:

  • Cash (Meadowlands Racetrack in New Jersey and Catfish Bend Casino in Iowa)
  • ACH/eCheck
  • Online Banking (Iowa only)
  • PayPal (Indiana and New Jersey)

Leagues You Can Bet On

  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • e-Sports
  • Football
  • Golf
  • Hockey
  • MMA
  • Motor Racing
  • Name A Bet
  • Rugby League
  • Rugby Union
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball

Bet Types

PointsBet offers a multitude of ways to bet on their platform. While they do have your traditional Fixed Odds Wagers and Parlays, PointsBet also has a feature called PointsBetting.

While Fixed Odds betting is self-explanatory and traditional, PointsBetting uniquely differs because your potential winnings or losses from a wager fluctuate until the conclusion of a game rather than being predetermined and fixed. “The more you’re right, the more you win and the more you’re wrong, the more you lose.” I really felt PointsBet thrived when it came to NBA wagering.

They offer up to 500 bet types per game, while over 100 of them are not offered anywhere else on the planet. They are exclusive to Pointsbet. Within PointsBetting wagers, Pointsbet features Bet Type Caps in which all bets disclose potential max win and loss levels right on the bet slip so you know your potential gains and losses ahead of time.

They also feature Bet Type Info which will disclose how each bet works with all applicable information and examples included in the pop-up. Another feature is the Stop-Loss, which will allow a user to decrease their potential losses from a wager. Consequently, using the Stop-Loss feature will also reduce your potential winning as well. This is not available for all bet types, however.

Along with PointsBetting, you can also place these types of wagers:

  • Fixed Odds Betting
    • Against the Spread (ATS)
    • Total (Over/Under)
    • Moneyline (ML)
    • Futures
    • Teasers/ Pick Your Own
    • Prop Betting
  • Parlays
    • Same-game Parlays
    • Combo Parlay
    • General Parlay
  • PointsBetting
    • Stop-Loss
    • Withheld Balance
    • Max Win and Max Loss
  • Live In-Game Betting

Rewards System

The PointsBet rewards system allows a user to collect comps on every wager they place. You can earn even more rewards while PointsBetting. Per PointsBet’s terms and conditions, a user will receive:

  • 1 reward point for Every $5 fixed odds bet
  • 1 reward point for Every $1 parlay bet
  • 1 reward point for every dollar won or lost with PointsBetting

Customer Service

PointsBet’s customer service includes 24/7 accessibility through their live chat. You can also reach out to the company via email, which you can access on the website.

States Where You Can Bet at PointsBet Sportsbook

PointsBet is currently online in the following states:

Will PointsBet Have An Online Casino?

PointsBet is not currently offering an online casino. However, they are expected to launch one soon in Pennsylvania and Michigan.

Author

By Anthony Cervino

Anthony Cervino is an NFL Writer and Betting Analyst for The Game Day. He is also the Senior NFL and Fantasy Football Analyst at Gridiron Experts. Anthony has a perennial spot in the Rotounderworld Draft kit, and in 2019, was the 15th-best In-season and Draft Ranker in the FantasyPros ECR. He is also the co-founder and host of The FF Faceoff Podcast and Live Stream, covering all aspects of the NFL.