Pointsbet is an Australian company, that launched in the US in 2019. It is now active online in New Jersey and Iowa.
The sportsbook places a heavy emphasis on point spread betting.
PointsBet is operational in:
- New Jersey
- The best in its niche: points betting
- Large selection of NBA, NHL, MLB and NFL bets
- Great customer service (including a live chat)
- Lack of college sports bets
- No PayPal payment option
- No teaser bets
PointsBet Sportsbook: everything you need to know
PointsBet has finally made it stateside, thanks to the legalizing of online sports betting in the USA. The Australian sportsbook is unique in a number of aspects and well worth checking out. Here we list some of the main advantages and disadvantages. Further down you will find a more in-depth review of PointsBet.
PointsBet Sportsbook: the good 👍
- On Point. Literally, Pointsbet does exactly what it says on the tin, in that it offers a unique high reward (high) risk points betting option. We explain more below.
- Incredible sign-up bonus.
- Pro American Sports Betting. There is a huge selection of bets available for the NBA, NHL, MLB and NFL.
- Largest selection of NBA and NHL bets in the USA.
- Customer Service. PointsBet offers a live chat, as well as other options. They are quick to respond and helpful.
PointsBet Sportsbook: the bad 👎
- College sports betting. There are significantly less betting options available for college sports than pro sports.
- No PayPal. PointsBet has slightly fewer payment options that some of the other US-based sportsbooks.
- No Teasers. There are no teasers available for basketball or American football.
PointsBet Sportsbook - Betscanner's Final Verdict
If you are into points betting than we can wholeheartedly recommend PointsBet. The betting site is completely unique in offering this betting format in the USA. They also provide a reasonable fixed bet sports betting option, if you fancy trying out both forms of betting. Overall, PointsBet gets a passable grade from us, but it’s in the points betting domain that they really come into their own.
PointsBet sportsbook review
PointsBet arrived on American shores in 2018, after teaming up with Meadowlands Racetrack in New Jersey, one of the first states to legalize online sports betting. The company, originally from the land down under immediately embraced the American market, focusing on the pro leagues.
They wasted no time in signing NBA and NFL legends Farmer Allen Iverson and Darelle Revis as brand ambassadors.
They also launched an incredibly generous deposit bonus, one of the largest we have ever seen. These guys mean business!
PointsBet offers a decent range of sports to bet on. They also claim to offer the largest selection of betting markets for the NBA and NFL. These include:
- Quarterback Completion %
- Player Rushing Yards * Player Receiving Yards
- Time of First Touchdown (in seconds)
- Player Shooting Percentages (Field Goal %, Free Throw %, 3Pt %, etc.)
- Time of the first basket by player
- Player points multiples (Q1 pts multiplied by Q2 points),
- Time in minutes played for players to pass 5pts/10pts/15pts etc,
- Longest made FG distance in feet
- Player Points * Assists * Rebounds
Most importantly, the online sportsbook has carved out a niche for themselves in the form of points betting. We explain how this form of betting works below, but needless to say, if you are looking for points betting then you need to look no further than PointsBet.
Their website is a little on the dark and dingy side, but it works well. It easy to navigate, does not lag and we have not encountered any problems with it. Their customer service is very good and also reliable.
In conclusion, this is good, if unspectacular sportsbook with two outstanding areas - betting on pro league sports and points betting.
PointsBet Points Betting
This is an entirely different way of betting to the standard fixed odds betting. With fixed odds betting you can bet on one team to win and if you win or lose depending on that outcome. With the traditional form of betting, you do not win or lose more or less depending on the margin of that win or loss.
With points betting the amount you win or lose from your wager changes according to how far away from the line the final result is.
So, if you back the Lakers to win, you will lose if they lose, but the amount you win if they win will depend on how many points they score.
This type of betting will potentially get you more returns, but it is also a riskier form of betting. The odds will always be adjusted to account for the points spread. So, don’t think that it’s a traditional bet but with an added bonus of a bigger win if the points are higher.
That’s not to say that this form of betting can’t be a good idea sometimes. If you feel that more of the risk lies in the amount a team will win by rather than them actually winning, then that might be a good example of when you should use this form of betting. Put simply, if the team you back wins big then so do you.
It is also important to think about what sport you are points betting on. For example, soccer would not be a good sport to points bet on, considering how low scoring it is. The NBA or NFL would be better sports to points bet on.
As we mentioned earlier, PointsBet is the only sportsbook in the USA that is currently offering points betting. So, if you fancy testing out this form of betting then you’ve found your sportsbook!
PointsBet sportsbook app
The PointsBet mobile app is a good app that offers the same service as their desktop site. You can place standard fixed, in-play and points bets on your mobile just as you can with your desktop. You can find a link to the sportsbook app on their website.
We found their app to be a decent no-frills way to place your bets with PointsBet. Again, for such a niched sports betting company, they need their USP, points betting to work perfectly on all platforms, which it does.
PointsBet offers a sportsbook app for both iOS and Android devices.
PointsBet sign-up bonus
Wow. Just wow. PointsBet’s sign-up bonus is incredible. PointsBet offers new players a $50 no deposit bonus when signing up. Then add two risk-free bets of $500. PointsBet truly is the high risk, high return king!
So, let’s break this offer into two parts - the initial deposit bonus and the two free bets:
- The first deposit bonus bet is $50 that is credited to your account when you just sign up. This is pretty unusual in the betting industry as it comes with no strings attached.
- The second two risk-free bets will only arrive in your account once you have deposited money. They will match your deposit up to $1000 in total, but half of this amount will be a risk-free bet for fixed odds bets and the other half will be for points betting.
This means that you could be betting getting up to $1050 to bet with when you sign up and deposit with PointsBet. This is a great way to get a feel for the betting site and also try points betting without betting all of your own money.
Remember because the second part of the sign-up bonus is matched this means that you will still need to deposit the same amount that you get back as a risk-free bet.
Parlays are available with PointsBet but teasers are not. We have not seen PointsBet offering any points betting odds for parlays. They do offer fixed odds for parlays and cap the number of teams you can back in a parlay to 12.
The value in PointBet’s odds for parlays are pretty good. We always consider this form of betting a risky, as you increase your risk of losing with each bet. However, if you are going to parlay bet on pro league sports then we can definitely recommend PointsBet.
Pointsbet deposit & withdrawal
This can be a little bit tricky, and it’s not really all PointsBet’s fault. The betting site accepts Visa and Mastercard, but not all banks permit transactions to sportsbooks, even in New Jersey where sports betting is now legal.
PointsBet does not accept PayPal which is a definite drawback but it does accept ACH/e-check deposits as well as EML cards.
For customers new to points betting the withdrawal method for Pointsbet might seem a little alarming at first. Since, some of the points bets, especially the high stake ones, can alter dramatically depending on the result, the site may withhold a payout if you have outstanding points wager. This makes sense when you think about it, if the team you have backed looses by a huge margin you may owe PointsBet a sizable sum and so they need to check you have the money in your account.
PointsBet are big on their promos as you can probably tell from their sign-up bonus. One thing about their promos that we really appreciate is the fact that they offer them for a range of different sports including, soccer, F1, tennis, basketball, baseball, football and hockey.
The types of promos can range from home run bonus bets to boosted odds. They certainly keep you on your toes with all their promotions. We recommend you keep checking their promotions page to keep yourself updated.
They even have a ‘name a bet’ option where you can go on social media and request a bet by tweeting @PointsBetUSA. We have seen some other sportsbooks who have done this before and it can be a great way to engage their customers on social media.
How do I contact PointsBet?
You can contact PointsBet by e-mail or live chat. You can find the details to these at the bottom of their homepage.
How does PointBets spread work?
PointBets spread works by altering the amount you win or lose according to how many points the team you have backed wins or loses by. There is a more detailed explanation in the points betting section above.
Who is behind PointsBet?
PointsBet is an Australian company that was founded in 2017. It has now partnered with Meadowlands Racetrack in New Jersey. They launched their US site in 2018.
Is PointsBet legit?
Yes. They are a reputable sportsbook that follows all the guidelines and laws in the US.
Does PointsBet have an android app?
Yes. PointsBet’s mobile app is available on both Android and iOS.