Bag Up to $2,000 in Risk-Free Bets When You Join PointsBet

  • Create an account and deposit on PointsBet using bonus code WELCOME
  • Make your first fixed odds wager - should it lose, you'll get 100% of your stake back up to $500
  • Make your first PointsBetting wager - should it lose, you'll get 100% of your stake back up to $1,500
  • This offer is available in Iowa, Colorado, Illinois, Indiana, Michigan, West Virginia or New Jersey
21+, new US players only

Many of us love the idea of going big, but we fear losing. But online sportsbooks like PointsBet know this, so they’ve put together welcome packages that feature a little something called a risk-free bet. In short, if you lose up to a certain amount, the sportsbook in question will refund it 100%.

On PointsBet, they’ll insure your opening wagers up to a maximum of $2,000. Yes, that’s $2,000 and we said wagers, not wager. Scroll down below for the details.

How Does This Promo Work?

Start by creating an account and making your first deposit on PointsBet. But during the process, make sure to enter using bonus code WELCOME in the appropriate field. Then, head to your betting dashboard and make your first fixed odds wager. Should that bet lose, you’ll get 100% of it back up to a $500 free bet.

But PointsBet is just getting started. After reading up on PointsBetting, go make your first Pointsbetting wager. If you don’t get the W, you’ll receive all your stake back up to a $1,500 free bet. Crazy!

Terms & Conditions

This welcome promo is one of the best sportsbetting promos we’ve ever seen! But as you might suspect, there are terms and conditions to note:

  1. In this promo, PointsBet refunds lost wagers in the form of free bets.
  2. The promo terms do not mention a wagering window for any free bets you may receive. However, do not delay in using them, as PointsBet may claw them back after an extended period of disuse.
  3. Should you win your free bet, you’ll receive the profit, but not the stake.
  4. This offer is only valid in Iowa, Colorado, Illinois, Indiana, Michigan, West Virginia, and New Jersey.

Riku is the Editor in Chief at BonusFinder and is a global expert in casino, sports betting and poker.