Looking for a sportsbook that does things a little differently (in the best way possible)? PointsBet has just what you’re looking for – from its vast selection of prop bet options to its inventive “PointsBetting” option that provides an intriguing spin on traditional spread betting, PointsBet has everything for beginner and well-seasoned betting enthusiasts alike.
PROS: The widest range of prop bets in the industry; generous deposit bonuses; “PointsBetting” option provides major profit potential for spread bettors
CONS: “PointsBetting” can wind up costing bettors a fortune; less aesthetically pleasing interface than the competition
MOBILE INTERFACE: ⭐⭐⭐⭐
DEPOSIT BONUS: ⭐⭐⭐⭐⭐
SAFETY AND SECURITY: ⭐⭐⭐⭐⭐
CUSTOMER SERVICE: ⭐⭐⭐⭐⭐
USER EXPERIENCE: ⭐⭐⭐⭐⭐
PointsBet Sportsbook History
PointsBet is a relatively new sportsbook compared to its contemporaries, having launched in Australia to great success back in 2017. It joined the U.S. sports betting free-for-all shortly after PASPA was repealed, becoming the ninth sportsbook to operate in the state of New Jersey on Jan. 17, 2019.
It didn’t take long for PointsBet to endear itself to the American betting public, aligning with former NBA superstar Allen Iverson, who became the sportsbook’s ambassador. It also resonated with the betting public in the moments following the New Orleans Saints’ controversial loss to the Los Angeles Rams in the most recent NFC Championship Game, offering full refunds to anyone who wagered on the Saints.
First Deposit Bonus
PointsBet members are awarded two “risk-free” bets totaling up to $500 once they make their initial deposit; The risk free bets are on bettors’ first cash fixed odds bet and their first cash PointsBet, with up up to $500 refunded for each. Using the exclusive promo code FPBET will activate both promos.
Apple users can find the PointsBet app in the iTunes Score; Android users will need to go to the PointsBet website using a phone browser. Once you have the app, signing up is a snap – simply fill in all of your relevant personal information, including the final four digits of your Social Security Number, your address and date of birth, then create a username.
PointsBet Sportsbook Interface
PointsBet has a lot going on from a wagering perspective – and that’s apparent right from the home page, where a revolving menu of feature items greats users in the top middle of the screen. On the left is a concealed menu that, when you drag your mouse over, will reveal marquee items at the top (including links to the home page, promos and the blog) with the big boosters of the day right below. Those are followed by the notable games of the day, props and futures, and finally, the list of leagues.
The center nav is set up similarly, with boosters at the top, followed by the main sporting events taking place that day. On the right, you’ll find a list of events coming up soon, listed in order of start time; this is handy for those who are looking for something to wager on in the very near future. Truth be told, it isn’t the most attractive interface you’ll find in the mobile sports wagering world, but with so many betting options available, bettors probably won’t care all that much.
Deposit and Withdrawal Options
PointsBet is somewhat limited in terms of its deposit options, at least compared to other sportsbooks:
PointsBet Prepaid Card: These can be obtained through either PointsBet website, and can be linked to your Visa or Mastercard once approved. The cards usually take 2-3 weeks to arrive in the mail.
Credit Card: While this might be one of the easiest ways to fund your account, PointsBet only accepts Visa and MasterCard at the moment. You might also be charged a fee, with many credit card companies treating sportsbook deposits the same as cash advances.
Automated Clearing House or e-check: You can use an ACH or e-check by simply providing a bank routing number and account number. You can also try an online bank transfer using the same info.
Deposits are limited to a minimum of $5, and a maximum of $50,000.
Withdrawal options are similar to those of the deposit options, though you won’t be able to withdraw any money from your account while a PointsBet wager remains open (more on why a little later.) You’ll also need to provide both identity verification and proof that the bank account or credit card you’re using to fund your PointsBet account is actually yours before your first withdrawal is processed.
*Note: It is also now possible to do Meadowlands cage deposits and withdraws or use PayWithMyBank, which is an online banking option.
PointsBet has all the major professional sports covered; its offerings include MLB, NBA, NFL and NHL, as well as the major European soccer leagues and a host of others:
- Aussie Rules Football
- Motor Racing
One of the great things PointsBet does – aside from offer some truly transformative wagering types – is provide a wealth of enticing promotions on a daily basis. Some of these promotions include:
- An early payout option in which bettors are considered the winner if the team they bet on meets a certain threshold (getting out to a three-run lead in MLB, leading after three quarters in the NBA, being ahead at the half in soccer, etc.)
- Boosted odds, which increase the payout without building in any additional risk. Say, for example, you take a +150 bet on Giannis Antetokounmpo to score 30+ points in a game. PointsBet might choose to boost the odds to +190 to entice more players to consider the bet.
- Parlay refunds in which players are given their money back if one leg of a 4+ leg parlay fails to convert; there are minimum requirements from an odds perspective for the parlay to qualify, and players are refunded in bonus bets rather than straight cash.
PointsBet also allows bettors to come up with their own wagers! Simply tweet the hashtag #nameabet at @PointsBetUSA with an event for which you would like them to produce odds (terms and conditions apply; namely, the sport must be one that PointsBet already provides odds for), and they’ll do it!
This is where things get interesting. While PointsBet gets a bit of flak for not offering a more extensive range of teasers and round-robin bets, you would be hard-pressed to find another sportsbook that provides the sheer number of wagering options that PointsBet offers.
Let’s get the traditional stuff out of the way: You’ll find the following bet types on PointsBet, each of which are offered at the majority of U.S. regulated sportsbooks; they include Moneyline, Point Spread, Total (Over/Under), Futures, Live (In-Play), Parlay, Straight and Props.
Where PointsBet really makes its bones – aside from what we’ll outline in the next section – is in the props department. You won’t find a more thorough offering of prop bets on a nightly basis in the entire industry than you’ll get with PointsBet, which offers dozens of prop options on the majority of North American regular-season and playoff games. These range from comfortably straightforward (over/under pitcher runs allowed) to intriguingly complex (Golden State -3 AND Kevin Durant 6+ assists).
PointsBet is also the industry leader in props for marquee events that don’t produce a boxscore. No major sportsbook had as many NFL Draft prop opportunities as PointsBet, which took wagers on everything from which player would be selected No. 2 overall to how many wide receivers would be drafted in the opening round. If you have a desire to bet on it, there’s a good chance PointsBet has odds for it – or at the very least, will consider creating those odds for you.
Is your curiosity piqued? It should be; this might be one of the most revolutionary betting options to make its way to the United States in some time. PointsBetting allows you to rake in big-time profit if you’re on the right side of a blowout or an upset by increasing the payout for every point past the spread the final result ends up being.
For example, let’s say you make a $10 PointsBetting wager on the Milwaukee Bucks and Boston Celtics to go over their Vegas total of 210. If the game ends up producing 220 points, you’ll win $10 for every point over the total the game finishes; in this case, 10 points translates to a whopping $100 victory. As it says above – the more you’re right, the more you win.
Unfortunately, the line next to that bright red arrow is also true. Let’s say that game produces 200 points. Instead of losing just your original $10 wager, you’re now down $100. It’s the ultimate risk-reward play – and while that might leave casual bettors feeling a little squeamish, it’s a great way to attract players who aren’t afraid of potentially losing a fortune.
PointsBet offers a 24-hours-a-day, seven-days-a-week live chat option where bettors can voice their concerns. There’s also an email option (firstname.lastname@example.org), as well as a Help section found at the bottom of every screen where bettors might be able to find an answer to their question.
Frequently Asked Questions
In which states does the PointsBet Mobile Sportsbook operate?
At present, PointsBet is only active in New Jersey.
Is PointsBet Sportsbook secure?
PointsBet uses the same Secure Socket Layer (SSL) technology the majority of major sportsbooks employ, and ensures players that its systems and databases are secure. The privacy section of the app/website offers specifics on how players can protect themselves, while outlining all of the personal information it might need to collect, along with what that personal information is used for. Additionally, players can opt to use multi-level “strong authentication” either when they first sign in, or at any point while they maintain a PointsBet account.
What is my minimum/maximum bet amount?
The minimum stake on a PointsBetting Market, while the majority of other bet types require a $1 minimum wager. While the maximum allowable wagers vary greatly by market, sport and bet type, here are some of the maximum daily payouts per sport (in USD):
- NFL: $500,000
- MLB: $500,000
- NBA: $500,000
- Elite Soccer Leagues (EPL, Serie A, Ligue 1, Bundesliga, Eredivisie): $300,000
- NHL: $250,000
- PGA, WGC: $250,000
- UFC, WBA, WBC: $250,000
- Tennis (Grand Slam): $150,000
- F1, NASCAR: $100,000
What measures does PointsBet Sportsbook put in place to help me manage my gambling?
PointsBet has a Responsible Gaming section that players can access from the top of any screen. In it, bettors will find a number of sections devoted to problem gambling, including useful guidelines, how to identify if you have a gambling issue, and insight into preventive measures PointsBet can help users implement, including time-based limits, a “cool off period” of three, seven or 30 days, and self-exclusion, which allows bettors to “ban” themselves from the sight for a period of one or five years.
What help does PointsBet Sportsbook provide for novice bettors?
You’re going to like this one. In addition to a series of short write-ups like “Prop Betting 101” and “Pick Your Own Spread 101,” bettors will find a handy video dedicated to explaining the phenomenon of PointsBetting presented by none other than former NFL defensive Darrelle Revis. This entire section, titled “The Revis Betting Academy”, can be found at the top of the left-hand nav.
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