PointsBet Sportsbook Review

In 2017 PointsBets was founded in Australia. PointsBet has since managed to work its way over to the US and has become one of the country’s leading sports betting sites. 

PointsBet sportsbook was launched in the US in January of 2019, after signing a deal with Meadowlands Racetrack in East Rutherford and has since become one of the fastest-growing online sportsbooks in the country and is rapidly expanding. 

App

PointsBet app differentiates itself through its distinctive high-risk, high-reward PointsBetting format. PointsBet was not overselling when it originally claimed it would offer more markets than any other sportsbook in the USA. PointsBet mobile often features 250, 300, or more options for individual games. Only the most popular games happening soon are shown on the front page but bettors can select the “sports” option from the bottom menu to see the complete list of sports. From there, users can tap the sport they’re interested in to view all the day’s games and betting markets.

PointsBet Legal In

• Colorado
• Illinois
• Indiana
• Iowa
• Michigan
• New Jersey
• New York
• Pennsylvania
• Virginia
• West Virginia

Bonuses

When you sign up, PointsBet sportsbook offers up to $200 of risk-free bets. The bonus comes in two different ways. The first part of the bonus bet is a refund of up to $100. PointsBet gives this refund on the first fixed odds bets. The second part is the refund on the first PointsBetting wager. The brand provides a refund of up to $100 on this wager. You will get a refund on a risk-free bet loss to try again. Also, PointsBet sportsbook tends to have other welcome bonuses on offer based on upcoming major events.

Referral Bonus

There is a reward if you invite other players or your friends to the PointsBet sportsbook. They reward you with a $2,500 bonus annually. To be eligible for this promo, you have to get the referral link in your account and send it to other bettors. Once they register and deposit up to $50, you are eligible for a bonus bet of $50.

Other available promotions include lunchtime booster odds, early payout money line wagers, and lots more.

Rewards Points

PointsBet’s loyalty program is good but pretty standard. The more bets you place, the more reward points you earn. When you have enough points, you can redeem them for free bets.They have a straightforward rewards program in which customers’ wagering activity earns points they can redeem later for site credit. First, users earn points for every wager they place as follows:

• Fixed-odds wagering: 1 Reward Point for every $5 wagered
• Parlay wagers: 1 Reward Point for every $1 wagered
• PointsBetting wagers: 1 Reward Point for every $1 won or lost

After players have accumulated Rewards Points, they can log in and visit the “Rewards” tab to redeem them for free bets at a rate of $1.00 per 100 Reward Points. PointsBet allows redemptions at the following intervals:

Rewards Points Redeemed Bonus Bet Issued

250 Points $2.50

500 Points $5.00

2,500 Points $25.00

5,000 Points $50.00

10,000 Points $100.00

50,000 Points $500.00

100,000 Points $1,000.00

Parlay bonus

They have multiple offers for parlay bettors. For any parlay with four or more legs, you will receive a refund of up to $25 if one leg fails. The sportsbook offers a unique ‘Booster’ feature that allows users to boost the final price on a 3+ leg parlay of their choice. Each user receives a limited number of Boosters.

Sports You Can Bet on at PointsBet

Here is a list of those available on PointsBet:

• NFL
• NCAA Football
• NBA
• NCAA Basketball
• NHL
• NCAA Hockey
• MLB
• NCAA Baseball
• Australian Rules
• Boxing
• Cricket
• Cycling
• Darts
• Golf
• MMA
• Motor Racing
• Non-Sports Entertainment
• Rugby Union
• Soccer
• Tennis
• Other sports depending on demand

PointsBet Deposit Methods

Availability varies by state:

• Online Banking (recommended): Bettors will be taken directly to their secure bank portal, enter their login information, verify their information, and conduct a deposit. $10 minimum, $10,000 maximum deposit
• Credit card: $5 minimum, $50,000 maximum deposit
• Debit card: $5 minimum, $50,000 maximum deposit
• ACH eCheck via VIP Preferred: Players can deposit up to $50,000 per transaction by selecting the ACH/eCheck option and inputting their bank account info.
• PointsBet Mastercard: The PointsBet Mastercard functions as a prepaid debit card account for deposits and withdrawals. Users can fund it online via credit or debit for instant PointsBet deposits. After signing up, users also receive a physical card in the mail they can use in person anywhere Mastercard is accepted, including ATMs.
• PayPal: Users can sign up for a PayPal account for free at PayPal.com to establish a secure online wallet for their funds. With a PayPal account, customers can make fast deposits and withdrawals.
• PayNearMe: Deposit cash at over 27,000 cash payment locations. Participating vendors include CVS and Family Dollar. $500 maximum deposit per day.

Withdrawing Funds

• Online Banking: This method allows bettors to withdraw funds via a secure banking portal. The only prerequisite is that bettors must have a valid checking account at a listed bank. It typically takes between 1-3 days for withdrawn funds to hit your account. Over 2,000 eligible banks
• ACH/eCheck via VIP Preferred: Receive funds through a linked VIP Preferred ACH/eCheck account. The turnaround time is slightly slower than online banking, roughly 2-4 days.
• PayPal: One of the fastest ways to receive funds, with turnaround times of 30 minutes to two days. Bettors must have a personal PayPal account, and it must share the same email address as their PointsBet account. In order to use PayPal for withdrawals, bettors first have to use it for a deposit.