Pointsbet Sportsbook

Author: Riku Vihreasaari | Fact checker: Fintan Costello · Updated: 2023/28/04 · Ad Disclosure
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PointsBet is an Australia-based gaming startup that began operations Down Under in 2017 and first established itself on the US market in New Jersey in July 2018. Its claim to fame is a variant of betting called PointsBetting: the more a bet goes your way, the more you win! Check out the details from this sportsbook review.

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No-Deposit Bonuses
New Sportsbooks
  • 5.0/5
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⭐ PointsBet Promo Code

PointsBet promo code has been replaced by our link. Use the link to receive five second chance bets worth up to $250, each worth $50; if an initial wager loses, you get compensated up to $50 in bet credits. The credits are paid as matching bets with 1x wagering requirement. If your win these bets, you keep the winnings but not the stake.

✒️ PointsBet Bonus Code TBA
💰 Sign Up Bonus Offer Five Second Chance Bets up to $250
🪙 Paid As Bet Credits
💵 Minimum Deposit $5
🔁 Wagering Requirements 1x
🗽 Legal States CO, IL, IN, IA, MI, KS, NJ, NY, OH, PA, VA, WV
✔️ Last Verified June 2023
PointsBet Bonus Code

New users can get 5 second chance bets worth $50 from PointsBet NFL promo. New customers only; no promo code needed for bet bonuses. Terms & Conditions apply.

How the PointsBet Promo Code Bonus Works

The PointsBet Sportsbook sign-up offer is simple. Click on our unique referral link, register a new account, and make the initial deposit and the first wager. If your first bet wins, great, but if lose your initial bet, you will be refunded up to $50 with a bonus bet matching the value of your losing wager (fixed odds bets only). You can get a 2nd chance free bet for each qualifying bet for the first five days if the bet loses; these cannot be withdrawn. When making a free PointsBet wager, you keep the bet credit winnings, but not the stake, which is returned to the gambling site. The bets are credited to your PointsBet account in 24 hours after bet settlement and you need to use the site credit within 7 days.

⭐ PointsBet USA

PointsBet, an Australian gambling startup, couldn’t stand out more from other legal sports betting sites. They offer a unique twist on sports betting, called Points Betting, that can make knowledgeable sports bettors a TON of cash. PointsBet launched in the U.S. in 2018 and is continuously expanding into new states. The site has an excellent welcome bonus to begin betting with, plenty of local sports teams to bet on, the PointsBet rewards program, and a great sports betting app. Check out more details from our PointsBet Sportsbook review.

Where is PointsBet Legal?

PointsBet is available in the following states: CO, IL, IN, IA, KS, LA, MD, MI, NJ, NY, OH, PA, VA, & WV. In all of the states, they have the same $250 PointsBet Sportsbook offer. In many states, legal sportsbooks need to partner with local casinos or other businesses in order to be licensed for the sports betting industry. Most recently, PointsBet Ohio launched on New Year’s Day January 1, 2023, with more states to come this year. You can read more details from our sportsbook reviews.

Sportsbook Launched Land Based Partner
PointsBet NJ January 2019 Meadowlands Racetrack
PointsBet Iowa November 2019 Catfish Bend Casino
PointsBet Indiana March 2020 Hollywood Casino Lawrenceburg
PointsBet Colorado November 2020 Double Eagle Casino
PointsBet Michigan January 2021 Lac Vieux Desert Northern Waters Casino Resort
PointsBet West Virginia August 2021 Hollywood Casino at Charles Town Races
PointsBet Illinois September 2021 Hawthorne Race Course
PointsBet Virginia December 2021 Colonial Downs Group
PointsBet New York January 2022 None
PointsBet Pennsylvania February 2022 Hollywood Casino York
PointsBet Kansas September 2022 Kansas Crossing Casino
PointsBet Louisiana September 2022 N/A
PointsBet Maryland November 2022 Riverboat on the Potomac
PointsBet Ohio January 2023 Hollywood Gaming at Mahoning Valley
PointsBet Massachusetts Upcoming N/A
PointsBet USA Sportsbook

Get the PointsBet new user promo and use them for NFL spread betting during the season.

⭐ What is PointsBetting?

What makes PointsBet different from other major sportsbooks is the proprietary PointsBetting system. What exactly is this PointsBet feature, then? In equity and commodity markets, investors have used betting to make more money for years. You accept an ask price if you think an equity/commodity will rise, or the bid price if you think it will fall to. Then, you lock in a bet per one point. If the market moves in your favour, you make money. Similarly, if it moves against you, you lose money.

How Does It Work?

PointsBet copied this approach and applied it to the online sports betting space. Let’s say you want to bet on the total points scored in an NBA game. For the Miami Heat versus the NY Knicks, PointsBet has assigned an over/under of 200. You take the over, wagering $20 per point.

Standard sports betting multiplies your bet by the odds to produce potential winnings. For a PointsBetting bet, you make money for every point the wager moves in your favour. If both basketball teams end up scoring 218 points, you will have won the bet by 18 points. Multiply that by your $20 per point wager, and you’ve just made $360! However, if they score a combined of 180, you are out $400. So high risk, high reward type of situation. You can still place a fixed odds bet on any of the markets as well. Casual bettors shouldn’t be scared of trying PointsBetting, although it is probably more appealing to experienced bettors.

Unique Offerings

The example described above uses a common wager familiar to most sports bettors. While PointsBetting offers these common sports wagers, they have innovated by bringing in bets not seen on other online sports betting options.

For example, you can place bets based on quarterback passing yards in the upcoming NFL game, time to the first touchdown, and basketball shooting percentages for three pointers. All work well for a PointsBetting wager, which further bolsters this unique type of online betting.

⭐ PointsBet Sports Markets

PointsBet offers a plethora of sports betting markets for players to choose from, from major sports leagues to niche events. Most PointsBet markets are available for both PointsBetting and fixed odds wagers. PointsBet is also the official betting partner of several U.S. pro teams, which means locals can always find the best odds on them. PointsBet struck a partnership with 1/ST for horse racing, so that’s available as well. In most states, you can bet on college sports but not on high school sports.

  • NBA
  • NFL
  • NHL
  • MLB
  • MLS
  • World Cup
  • College Football
  • College Basketball
  • March Madness
  • Champions League
  • Auto RAcing (NASCAR)
  • UFC / MMA
  • Boxing
  • PGA Tour
  • Tennis
  • Aussie Rules
  • Rugby Union
PointsBet Markets

You can find game odds for all major sports, including unique props for NFL & NBA games.

Wagers Offered on PointsBet

In addition to PointsBetting, PointsBet Sportsbook also accepts traditional bets like most other sportsbooks. They have standard odds for each bet type, but you can sometimes catch better odds than on competitors’ sites and enhanced odds. If you are new to legal online sports betting, below are the bet types you can find when you visit PointsBet:

  • Moneyline Bets: A pre-game bet on a team to be the outright winner. Teams with a plus sign (e.g. Indianapolis Colts +140) are underdogs – if you bet $100, you’ll get $140 in profit. Teams with a minus sign are favorites – for instance, to profit $100 off a -160 team, you’d need to risk $160.
  • Point Spread Bets: Point spreads are made by equalizing the two teams for wagering purposes. The sportsbook achieves this by requiring the better team to win by a predetermined number of points for a bet on that team to cash. For example, if the Chicago Bears are the underdog against the Cincinnati Bengals, the odds might read Bears +7 -110, Bengals -7 -110.
  • Over/Under Bets (Totals): Wagering on over or under the combined number of expected points in a game.
  • Prop Bets: A wager on a specific player or a team-related event in the game, also known as a proposition bet. Examples of props include the first player to score a goal and which team wins the fourth quarter in a given game.
  • Parlay Wagers: A combination of two or more bets; parlay bets can be either multi-game or same-game parlays. The odds of these wagers going your way are longer – hit, and you could earn yourself a nice payday. There’s no minimum or maximum stake required for either single game or traditional parlays.
  • Futures Bets: A wager on a specific player or a team-related outcome only settled at the end of the season. The most common form is betting on which team will win the championship in the upcoming season; right now, you can place futures on which MLB team wins the World Series and NFL fans can bet on the Super Bowl. Futures odds can be super high for many teams, meaning even a small wager amount can bring you a lot of money if you are correct.
  • Live Betting Options: PointsBet offers in-game wagering on live games; the odds change until the game ends.

How to Place a Bet on PointsBet Online Sportsbook

First, create your PointsBet Sportsbook account by filling in your personal details, such as full name and last four digits of your Social Security Number. Then, start by selecting your favorite sport and the upcoming games. After the screen has loaded, click on the “Next Up” tab. Scroll until you find the match you wish to wager on, for example an upcoming MLB game. From this screen, you can click on common bet types like money line or the spread. Or click on the contest for more options.

At this point, you’ll have two choices – to wager using fixed odds markets or to choose PointsBetting. Betting on fixed-odds is straightforward. Click on the wager you want, enter your stake, and hit “Place Now”, then “Confirm”. If you want to give PointsBetting wagers a try, click on the PointsBetting tab to find popular bets.

⭐ Ongoing PointsBet Promos

PointsBet promotions for existing users are abundant and easily available in all states. From deposit bonus offers to enhanced or boosted odds, they have offered plenty of special promotions in the past. Below are some examples of what you might find on the promotions page when you register on PointsBet; check the current promotions you can take advantage of from their site.


Betting isn’t the only way to make money on the PointsBet website. The site also offers finder’s fees to players who get their friends to make a deposit. After betting through $1,000 and being a site member for 14 days, share your referral link with interested friends. Once a friend deposits a minimum of $50 on PointsBet, both you AND your friend will get $50 in bonus bets! You can earn up to $2,500 in wagers per year doing this.

Single Game Parlay Insurance

A same-game parlay is a combination of several prop and/or straight bets. PointsBet Sportsbook offers these pre-game wagers on many sporting events, but the insurance promotion is only available for NHL and NBA bets. With the insurance promotion, you’ll get your money back if one part of your parlay falls short. We hope PointsBet continues this promo for NFL games during the NFL season as well.

Partial Cashout

With a cashout, you can take out your winnings during the game, if you see a potential for a payout but are also afraid that the game won’t go your way. A partial cash out allows you to take out only a percentage of your winnings and let the rest ride.

Karma Kommittee

PointsBet Karma Kommittee deals with bad beat refunds. If your wager suffers from a bad call or a season-ending injury, the Kommittee has the power to execute a Good Karma Payout, refunding all affected bettors in site credit. You can tweet at them with #KarmaKommittee if you spot a brutal beat.

Parlay Booster Odds

PointsBet will give you one parlay boost every day when you create a parlay with three legs or more on your bet slip. If your parlay hits, you get a higher payout more than you normally would. Another option that’s sometimes available is lunchtime booster odds, which are live from noon til 3PM. Check your booster tokens from your account before you place wagers.

2 Boosts of the Week

You’ll also get two weekly PointsBet odds boosters every week. They are given out to the favorite futures of Paige Spinarac (former professional golfer and social media personality) and Teddy Greenstein (PointsBet’s resident sports writer and columnist). With both being golf specialists, these booster odds are usually heavily golf-focused. There are other daily odds boosts too, for example on entire sports categories or single events.

Name a Bet Feature

Although it’s not a promo, it’s still listed under current PointsBet promotions. You can request a bet you would like to see directly on PointsBet. On the left-hand side menu of the PointsBet app, click ‘Name a Bet’ and you can request any market you want.

⭐ PointsBet Mobile App

PointsBet Betting App

PointsBet users can get boosted odds on the PointsBet app for iOS and Android device.

The PointsBet Sportsbook app provides mobile-friendly online gambling to all customers. The PointsBet app is available for both Android and iOS devices, and it works exactly like the PointsBet desktop site. Unlike on many sportsbook apps, mobile sports betting has been made easy when using the app. Similar to the PointsBet site, the app features simple navigation menus that allow you to easily choose any sports betting market you like and place your bet.

Downloading the App

You can easily download the iOS version via the App Store and Android users can find the app on the Google Play Store. You shouldn’t have any problems downloading the app, just remember to stay within state lines when you try to use the app.

⭐ PointsBet Loyalty Program

PointsBet has a rewards page where players can track their loyalty points. The program offers one reward point per $1 fixed odds wager, five reward points for every $1 wagered on a parlay, and one reward point for every $1 won or lost on PointsBetting. These rewards points can be used on a multitude of prizes, including bet credits.

Platinum & Diamond Club

Like some other sportsbooks, PointsBet offers special rewards program to their most loyal customers. The Platinum and Diamond clubs are by invitation only, and joining them gives you additional, personalized benefits. If you feel like you are eligible, you can message PointsBet and they will check your eligibility.

⭐ Banking Options

Traditional payment options at PointsBet are slightly limited. You can deposit either by online banking, credit cards (Visa / Mastercard), e-check, or PayPal. For withdrawals only banking, e-check, and PayPal are viable. Check account settings on My Account page for more info on each deposit method.

PointsBet MasterCard

PointsBet also has their own MasterCard and this marketing tactic is quite genius. You can fund your PointsBet card, which is basically a prepaid card, by using a normal credit card. After that, you can use it at any location that takes MasterCard. As you are already verified, you can also instantly withdraw funds from your betting account on to your card, making it the fastest withdrawal method among online sportsbooks.

Last updated: 04/28/2023

⭐ PointsBet Sportsbook Q&A

1️⃣ Is PointsBet legit?

Yes. PointsBet's betting platform is licensed and regulated by the New Jersey Division of Gaming Enforcement, New York State Gaming Commission, and other state regulators for responsible gambling. These agencies and committees regularly scrutinize legal sportsbook operations to ensure the games are fair and customer funds secure.

PointsBet retail sportsbook is also available in some states like Maryland.

2️⃣ Do I need an exclusive PointsBet promo code for the new customer offer?

No, you don't need a promo code right now for the PointsBet sign-up bonus bets; just opt in when you join PointsBet.

3️⃣ Does PointsBet Sportsbook have a mobile app?

Yes. PointsBet offers one of the best sportsbook apps in the business. The mobile apps for iOS and Android devices can be found on the application stores.

4️⃣ How do I contact PointsBet support?

You can reach PointsBet customer service 24/7 via e-mail support ([email protected]), phone support, or their live chat support. Customer support can help you with account limits, responsible gaming regulations, registration process, Platinum Club and how to earn points for the rewards, and on specific wager types.

5️⃣ Does PointsBet have a casino?

Yes, the PointsBet Michigan Online Casino launched in May 2021, followed by the NJ, PA, and WV online casinos. You can get a great casino bonus on the MI casino if you haven't cashed in the sportsbook welcome offer. No PointsBet promo codes needed on the casino sites.