PointsBet Sportsbook overview
BettingScanner's verdict 9/10
Pointsbet is an Australian company, that launched in the US in 2019. The sportsbook places a heavy emphasis on point spread betting, a unique form of betting where you are rewarded, or docked points, according to how wrong or right a bet was.
PointsBet Sportsbook score
- Unique points betting
- Top customer service
- Great welcome bonus
- Excellent mobile product
- No teaser bets
|Deposit methods||ACH Payments, PayPal, Online Banking, Cash at Cage|
|Withdrawal methods||ACH Payments, PayPal, Cash at Cage|
|Betting functions||moneylines, parlays, spread bets, in-play, points betting|
PointsBet Sportsbook: everything you need to know
PointsBet arrived on American shores in Jan 2019, 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.
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, we can highly recommend this tried and tested sportsbook, which not only offers a standard selection of fixed bets but also a new and exciting form of betting.
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. You can get 2 Risk-Free Bets of up to $2,000 if you sign up with the bonus above.
- Pro American Sports Betting. There is a huge selection of bets available for the NBA, NHL, MLB and NFL.
- Customer Service. PointsBet offers a live chat, as well as other options. They are quick to respond and helpful.
- Excellent mobile product. Although it could look better, we love the functionality of the PointsBet mobile app. It never lags and it's easy to use.
PointsBet Sportsbook: the bad 👎
- No PA product (yet). With a top-rate product, PointsBet should be operational in such an important market.
- No teaser bets.
PointsBet Sportsbook - Betscanner's Final Verdict
PointsBet is a great sportsbook with a completely unique offering.
The brand made a name for itself in Australia when it offered a new form of betting, where punters would be rewarded or docked points for how wrong or write their bet was.
It's an exciting deviation from the sports betting norm and something we highly recommend you try, especially if your good at predicting major upsets.
But it's not just built a reputation for itself as a novelty bookie. It also offers an excellent selection of standard fixed odds for a large number of sporting events.
In short, you'll find everything you need in a standard sportsbook plus an incredibly fun points betting add-on.
PointsBetting is not the same as fixed-odds betting, where you place a bet at odds set by the sportsbook and then either win or lose (and sometimes draw).
With points betting there is a scale to winning where you are either rewarded or docked points according to how right or wrong your bet was.
With points betting every point above or below the total multiplies your original stake.
Here is an example:
- The Chicago Bears play the Tennessee Titans.
- You think it will be a low scoring game, so you place a $10 bet on under 50 points scored.
- It turns out you are right with only 40 points scored.
- You, therefore, have a 10 point win. 10x$10 = 100.
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.
You can read more about points betting here.
How do I contact PointsBet?
You can contact PointsBet by e-mail or live chat. The company's customer service is available 24/7 in Colorado, Iowa, Illinois, New Jersey, Indiana and Michigan.
Who owns 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 and are now live in Colorado, Michigan, New Jersey, Indiana, Illinois and Iowa.
Is PointsBet legit?
Yes. PointsBet is a fully licensed and reputable US sportsbook.
They launched in the US in 2019, and are not legal in a number of states including New Jersey, Illinois, Indiana and Iowa.
You can read more about PointsBet here.
Does PointsBet have an android app?
Yes. PointsBet’s mobile app is available on both Android and iOS.
The mobile app is now live in Michigan, Illinois, Iowa, Indiana, New Jersey and Colorado.
You can read a full review of Pointsbet sportsbook here.
PointsBet welcome offer → How PointsBet has the second best welcome offer in the country
Points betting explained → This unique form of betting is taking the US by storm
PointsBet sportsbook app → Pointsbet's app is great for functionality but could look a little better
Pointsbet deposits & withdrawals → Why PayPal is the safest payment platform to use with PointsBet
PointsBet welcome offer
Wow. Just wow. PointsBet’s sign-up bonus is simply incredible. Let's break it down:
- A $500 fixed-odds risk-free bet → This means that you can place a bet for up to $500 on a standard bet and if you lose this bet you will get your money back.
- A $1,500 points-bet risk-free bet → This is an incredible risk-free opportunity to try out PointBetting. The offer allows you to place a points bet of up to $1,000 and if you lose this bet you will get your money back.
The only welcome offer that could rival PointsBet in terms of value is Unibet, which is currently live in PA, IN and NJ. Unibet's offer includes a no-deposit bonus but a much smaller $500 risk-free bet. In terms of your maximum risk-free bet, you can't get much better than this right now.
However, it is important to remember that since the US, and In particular Michigan, Iowa, Colorado and Illinois are such new markets the sportsbook is currently very eager to pick up new customers and therefore willing to allocate a lot more money to promotions such as these. There simply won't be this level of welcome offer a few years down the line.
PointsBet Welcome Offer
2x risk free bets worth $2,000
- New customers only
- Single bets only
- Free bets expire after 7 days
- NJ, IO, IL, IN, MI and CO players only
PointsBet currently has one of the best welcome offers in Illinois, Michigan, Colorado and Iowa. You simply won't find a higher amount offered as a risk-free bonus and certainly not one split into two parts. Every other sportsbook will only allow you to make one risk-free or matched deposit bonus as a new player.
DraftKings does offer a similar amount of free bets as a risk-free welcome offer. However, they require an untenable 26x turnover. This means that you need to win with your free bets 26 times before the money is yours.
In New Jersey and Indiana Unibet have a slightly more generous offer but for different reasons. The online sportsbook includes a 4x$10 no deposit offer which means you do not even need to make a deposit to collect $40 in free bets. This is in addition to another risk-free bonus.
Points Betting Explained
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 bet with points, 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 mobile app
The PointsBet mobile app is an excellent product that offers the same service as its 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 no-frills way to place your bets with PointsBet. For a sportsbook that offers such a unique niche, 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.
The app could look better, the aesthetics are a little drab and dreary. However, the functionality is of the highest standard. We think this is much more important, after all its what on the inside that counts!
In-play is not just a popular function for PointsBet customers but Americans in general so it's a real plus that the app is not buggy and never seems to lag, as this can be detrimental to live betting.
PointsBet deposit & withdrawal
There are a number of payment options available for withdrawals and deposits.
PointsBet Card → This is the easiest way to deposit and withdraw with PointsBet. The card effectively works like a prepaid credit or debit card.
PayPal → This is incredibly popular method, as it circumvents some of the restrictions placed on you by banks.
ACH/Check → This method pulls funds directly from your checking account. Make sure that you keep on an eye on how much you are withdrawing from your account.
PayWithMyBank → With this service you can pay directly with your online bank account and avoid cards and a registration process.
PayNearMe → A similar service to PayWithMyBank that allows you to pay where and when you want.
Step 1: Click on the Dropdown Menu > Click on Withdraw > Select 'PayPal'
Step 2: Enter your Withdrawal amount and click the yellow 'PayPal' bar
Step 3: Enter your PayPal information into the correct boxes to link it. Then confirm the account you want to withdraw to.
Note: If you click 'Credit or Debit Card' it will prompt you to enter your card details and create a PayPal account.
Step 4 : Enter your PointsBet password to securely finish requesting the withdrawal and submit
PointsBet & PayPalSafety Inspector 🕵️
We recommend PayPal as the safest and most effective payment platform for both depositing and withdrawing funds with PoinstBet.
The platform boasts a state of the art encryption security system which adds an added layer to your transactions.
It also acts as a middleman, allowing you to circumvent some of the restrictions placed on Visa and Mastercard transactions. These can lead to you being able to deposit money into your account but no withdraw your cash.
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.
Betting on Table Tennis with PointsBet
In 2020 and 2021 table tennis has emerged as one of the nation's favorite sports to place a wager on.
The obscurity of the sport and the scoring system means it is more likely you will find value in odds for table tennis than for a major league game.
PointsBet is the perfect sportsbook for this type of sport. You can read more on the subject in our article: How to win big in 2021 by betting on table tennis.