PointsBet Sportsbook & Betting App Review | Is PointsBet Legit?

Author’s Take On PointsBet

PointsBet is gaining in popularity among bettors across the US due to its slick mobile betting app, and unique pointsbetting option. Bettors are also automatically enrolled in its rewards program, in which players earn points towards bonus bets with every wager made. Overall PointsBet is a solid option for bettors looking for something more then your standard online sportsbook.

PointsBet Sportsbook Overview

PointsBet first made landfall in the US sports betting market via New Jersey in 2019 and has since expanded their reach to several states throughout the country. The Australian-based sportsbook stands out through their exclusive PointsBetting system, which is basically a spread or over/under bet on steroids (we will get into that later) but also offers a full slate of standard fixed odds betting options as well.

PointsBet Sportsbook Bonuses & Promo Code

The latest PointsBet promo code offer as of September, 2023 is bet $50, get an official jersey bonus. This PointsBet promo code is available for use in states where PointsBet sportsbook is legal.

How the New User PointsBet & Fanatics Promo Works

When you register with PointsBet, you can access the exclusive Fanatics jersey promotion. By placing a wager of $50 on any game through PointsBet, participants are rewarded with a $150 credit. This credit can be readily redeemed on the Fanatics website for a variety of merchandise.”

Steps to claim your Pointsbet Promo

PointsBet Rewards

PointsBet features one of the best online sportsbook rewards programs in the business. Bettors earn points based on their sports wagers these points can be redeemed later for bonus bets. Points are earned based on the following breakdown:

• $5 Fixed Odds Bet for example spread bet, money line etc = 1 reward point
• $1 Parlay / Same Game Parlay bet = 1 reward point
• $1 Live bet = 1 reward point
• Every dollar won OR lost via PointsBetting = 1 reward point

After players have accumulated at least 250 in PointsBet Rewards Points, they can log in and visit the account section and click on the “Rewards” tab to redeem them for bet credits at a rate of $1.00 per 100 points. Some quick examples:

• 250 Points = $2.50 Bonus Bet
• 300 Points = $3.00 Bonus Bet
• 504 Points = $5.04 Bonus Bet
• 1010 Points = $10.10 Bonus Bet

Cash Out Or Let It Ride at PointsBet

With Pointsbet partial cash out option bettors can settle their wagers bet and collect some of the bets winnings early or save some of their wager from a bet that is losing. This is a great option when you want to place another bet before the current bet has won or lost or even avoid a backdoor loss.

PointsBet Refer A Friend Program

Have a friend or someone you know who wants to bet? How does an added bonus sound when you refer someone to PointsBet? In addition to the new user bonus when one player refers another player both receive a free $50 bonus bet once the deposit and wagering requirements are met.

Here are some rules and steps to take advantage of the program:

• The referring player must have joined PointsBet for a minimum of 14 days before making any referrals. 
• Must have a betting history with PointsBet that includes a deposit and $250 total bets made.
• Must be registered at an eligible state’s address 
• Must not hold a current negative balance. 
• Referring friend must make a cash bet of $20+ to trigger the referral bonus  

Second Chance Bets At Points Bet

The PointsBet second chance offer is a little different than your standard one-time use second chance bet. PointsBet is giving you a second chance bet up to $50 per day for your first five days as a new customer. There is no opt-in necessary to trigger this promo, but you will need to use PointsBet promo code 5X50 during the registration process.

Once you are registered and make your first deposit using one of PointsBet’s many safe and secure banking options, just place a bet up to $50, and if that bet comes up a bit short, you will get a second chance via a bonus bet matching the amount of that first bet. You can then repeat the process each day for five days.

For example, if you register a new account, and bet $50 on the Eagles at +200 and the Eagles win, you will be paid out the $150 as usual ($50 bet + $100 profit). If the Eagles lose the game, you will receive a bonus bet for $50. Bettors can do this for their first five days as a PointsBet customer.

How bonus bets work at PointsBet

The most common type of Bonus Bets for PointsBet come as a result of your initial sign-up. If you use the exclusive bonus code 5X50 and sign up through the links on this page, you will receive up to five second chances bets worth up to $250. Terms and conditions apply to these second chance bets, which are given to a user that loses his or her first bet each day for five days. The “second chance” part means that you will get a refund of your bet amount in bonus bets up to $50. You don’t get real dollars back, but bonus bets work very similar to real dollars at PointsBet.

These will be visible in your account under “Bonus Bets”. It is extremely important to remember that bonus bets must be wagered within seven days of being put in your account. To reiterate, bonus bets essentially have an expiration date at PointsBet and you have to wager that amount within seven days or the bonus funds will disappear.

Winning bonus bets turn into real money. Unlike a standard bet, in which a bettor would also get the stake refunded, players that win bonus bets only get the winnings. For example, if you bet $100 in real money on an even money bet (+100), you would get your $100 for winning and get the $100 you bet back into your account. With a Bonus Bet, you only get the winnings. So, a bonus bet of $100 on an even money line at +100 means that you would get $100 if you win. The Bonus Bet goes away.

A really important distinction between PointsBet and a lot of other sportsbooks is that the bonus bets do not have a rollover amount. With bonus funds at a lot of sportsbooks, a “rollover” is required, which means that you must bet a certain amount of money before you can withdraw. Some US sportsbooks have a 5x rollover, which means that you have to bet 5x of your bonus money winnings before you can request a withdrawal. Some are even as high as 25x!

PointsBet does not have a rollover requirement. If you win your bonus bet, that money is immediately eligible to be withdrawn. The only requirement at PointsBet is that you must rollover your initial deposit one time. So if you deposit $100 real money dollars, you are required to place at least $100 worth of bets before you can withdraw. bonus bets do not have that requirement.

Let’s be honest. You can read about how PointsBet Bonus Bets work or you can sign up and find out for yourself. You will be eligible for Bonus Bets if you use the Pointsbet bonus code 5X50 to sign up.

Along with the bonus bets and all of the other promotions, PointsBet offers spread betting, as well as the revolutionary PointsBetting system, so there are a lot of perks and attractive features to having a PointsBet account.

Where is the PointsBet Sports Betting App Available?

PointsBet is continually expanding across the US as more and more states legalize online sports betting. Currently, PointsBet is legal in 14 states can download the PointsBet app and place wagers, they include:

Colorado

Licensed by the Colorado Department of Revenue and through a partnership with the Double Eagle Hotel and Casino in Cripple Creek PointsBet launched its online sportsbook in November 2020.

Iowa

PointsBet gained it license from the Iowa Racing and Gaming Commission by partnering up with the Catfish Bend Casino in November 2019.

Illinois

A deal with the Hawthorne Race Course propelled Pointsbet Illinois to open four sportsbooks in the state as well as access to a betting license from the Illinois Gaming Board in September 2020.

Indiana

PointsBet launched in Indiana in March 2020 after signing a partnership with Hollywood Casino in Lawrenceburg while being the official sports betting partner of the Indianapolis Colts and the Indiana Pacers.

Kansas

September 1, 2022, was the day Pointsbet kicked off their launch into Kansas through a partnership with Kansas Crossing Casino & Hotel.

Louisiana

PointsBet launched in Louisiana in September 2022, partnering up with Penn National Gaming to provide its betting app to 55 of 64 parishes in the state..

Maryland

Pointsbet launched its online betting app as well as a retail sportsbook on the Riverboat Casino on the Potomac in November 2022.

Michigan

PointsBet went online in Michigan through a partnership with the Detroit Pistons on Jan. 22, 2021 and is now a fixture in the Great Lakes State.

New Jersey

New Jersey was the first state PointsBet launched in the US back in January 2019, since then they have rapidly expanded across thirteen different states.

New York

PointsBet was one of the lucky nine to be awarded a NY sports betting license by the New York State Gaming Commission in January 2022.

Ohio

PointsBet rang in the New Year with its launch in Ohio on January 1, 2023 partnering with Hollywood Gaming.

Pennslyvania

While online sports betting has been legal for years, PointsBet is a newbie to the state having launched in February 2022.

Virginia

PointsBet didn’t launch immediately, in Virginia when sports betting first legalized in April 2020 but arrived over a year later in December 2021.

West Virginia

PointsBet debuted in West Virginia in August 2021 but took till January 2022 to launch its online casino in the state.

Banking with PointsBet Sportsbook

It is important to note that banking options may vary by state, but the most popular methods for deposits and withdrawals at PointsBet are:

• PayPal: Anyone who shops online is familiar with PayPal. Use your existing account, or sign up for a new PayPal account, for quick and secure deposits and withdrawals.
• Trustly Online Banking: Sign in to your online banking account via Trustly for instant and secure deposits and to withdraw your winnings direct to your bank account. There is a long list of banks that are eligible, and you can check to see if your bank is available in the cashier section of PointsBet.
• Visa/MasterCard: Use your debit or credit card for instant deposits. Some states do not permit deposits via credit card.
• Play+ Card: When you sign up for a Play+ card in the PointsBet cashier, you can instantly load up the card with your bank account, credit card or PayPal account. You will receive the physical card in the mail within two weeks and that card can be used at any ATM or anywhere that Discover is accepted.
• E-Check: This is another form of online banking transaction that bettors can use to fund their accounts or withdraw funds to their bank accounts.
• Paynearme: Bettors can make deposits with cash in-person using Paynearme.

PointsBetting what is it and how does it work?

While most people are now familiar with standard odds betting such as money line, spreads, totals, and props, PointsBet takes betting to a new level with their unique feature that they call PointsBetting. PointsBetting is not for the faint of heart and can be a wild ride. Think of it as a spread or total bet on steroids where you are rewarded (or punished) for how right (or wrong) you are. You can set limits on how much you can potentially win or lose to keep your bankroll intact if your bet goes wrong.

For instance, if you have a bet that an NBA game will have over 200 total points scored, you could win or lose $500 on a $10 bet. If you bet “over” your winnings increase the higher the total gets. This can be easily translated to any sport. The cool thing is, it really isn’t over until it’s over. Often the amount of your bet — the $10 above — increases incrementally.

You may also do a $1 bet. If in the above example, if you bet the teams would score more than 200 points, you win. If they score 201 you would win $10, if they score 202, you would win $20, and so on. If they were to score 220 you would win $200. If you lose it works the same way, incrementally on each point scored. You could also have a quick reversal at the end if a large deficit was wiped out or the winning team kept pulling away.

As previously mentioned, PointsBetting can be a wild ride and with this in mind, there are a couple of ways to control your losses. The amount you bet to start with controls the outcome to a large degree. If you bet $10 per point, that can go up or down fast. If you bet $1 per point the extremes are avoidable. The website also has a “stop-loss feature.” This is a cap you place on the bet before the game begins. You set a limit on how much you can lose, but that also limits how much you can win.

PointsBet sports betting promotions, news & information

• PointsBet NJ Sportsbook & Sports Betting App: How To Get Started
• What Is Spread Betting At PointsBet
• How To Create A PointsBet Account In Iowa
• PointsBet Refer A Friend
• PointsBet Rewards
• PointsBet Legal States
• Who Is The Girl In The PointsBet Commercial?
• PointsBet Sign Up Code & Login For A Huge New User Welcome Offer
• PointsBet Deposits & Withdrawals – Banking At PointsBet Sportsbook
• Betting On The NFL At PointsBet Sportsbook
• Lightning Bets At PointsBet Sportsbook
• PointsBet Sportsbook At Club Hawthorne Locations In Illinois
• PointsBet Illinois Promo Code Review – New User Bonus Information September, 2023
• PointsBet Indiana Promo Code & Welcome Bonus Information – September, 2023
• PointsBet NY Promo Offer & Bonus Code – October, 2023

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PointsBet World Series Promo | Bet On Five World Series Games Risk-Free

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A look at ways to use PointsBet across different platforms

Once you register a new account on their website using the promo code 5X50, you can continue to bet on your computer or download their mobile app which is available on both Android and iOS-powered devices.

PointsBet Browser-Based Sportsbook

At first glance, the browser-based online sportsbook can seem a bit confusing, but after placing just a few bets, you will get used to the layout. Bettors can easily access all the betting markets, promos, boosted odds, and top matchups with the convenient fold out menu on the left and all the top live betting markets right down the middle.

You can also easily access your bet slip, login, register a new account, and more in the top right corner, and PointsBet lets you see what games are coming up next on the left side of the screen. Once you add bets to your betslip, it will appear just right of the next up category. All in all, the PointsBet desktop sportsbook is easy to use, quick and fun.

PointsBet Mobile App

In the world of online sports betting, PointsBet has established a reputation as a frontrunner. And in this era where convenience is paramount, the PointsBet app stands out as a benchmark for online betting applications. Our comprehensive PointsBet app analysis delves into the core features, functionality, and user experience. So, let’s embark on this insightful journey and determine why the PointsBet app should be your go-to choice for online betting.

PointsBet App Advantages:

• Wide range of betting markets.
• Multiple PointsBet promo code options.
• User-friendly design.
• Efficient deposit and withdrawal mechanisms.
• 24/7 customer support.

PointsBet App Drawbacks:

• Absence of live streaming capabilities.
• The home interface might seem slightly congested to some.

Downloading the PointsBet App: A Step-by-Step Guide

While the world seems divided between Android and iOS, PointsBet ensures a seamless experience for both. Here’s a breakdown of the download process for each platform:

For iOS Users:

Iphone users currently rate the PointBet app with 4.8 out of 5 stars, with over 41.4k ratings.

1. Navigate to the official PointsBet website and initiate the sign-up process or click here to visit the App store.
2. Click on the “Download” option to commence the PointsBet app download.
3. Once downloaded, the app will automatically proceed with installation.
4. Set up your account, either by registering as a new user or logging in with existing details.

For Android Users:

Android users rate the PointBet app with high marks as well with 4.2 out of 5 stars, with over 11k reviews.

1. Open the PointsBet website via your preferred browser or visit the Google Play store here.
2. Tap the “Download” prompt or install.
3. Proceed to set up your account, either by creating a new one or using existing credentials.

Immerse in Exciting Bonuses with PointsBet

The PointsBet app is not just about betting—it’s also a gateway to enticing bonuses. Regularly updated promotions await both new and existing users. The welcome offer, coupled with potential PointsBet promo codes, ensures that users kickstart their betting journey on a high note. For the most recent bonus offerings, a quick visit to the PointsBet website is recommended.

App Compatibility: System Requirements

Before jumping into the betting world, ensure your mobile’s operating system aligns with the app’s requirements. Equally crucial is ensuring that your location settings remain active. PointsBet employs GeoComply technology, a trusted geolocation software that confirms users are in an approved betting state.

Experience a Myriad of Features with PointsBet App

Efficiency and user-friendliness remain at the heart of the PointsBet app. Key features include:

• Intuitive User Interface: Navigate with ease, ensuring that your betting experience is smooth and devoid of hitches.
• In-Play Betting: Engage in live betting, one of the most thrilling features allowing users to place wagers on ongoing events.
• Secure Transactions: Whether it’s depositing funds or withdrawing your wins, the app ensures a hassle-free financial transaction experience.

PointsBet App: Common Queries Answered

• Mobile Exclusive Bonuses? All promotions available on the desktop version are accessible via the app.
• Placing a Bet: Navigate to your desired betting market, select your preferred odds, set your stake, and confirm your bet.
• Reaching Customer Support: Contact the dedicated customer service 24/7 through email at service@pointsbet.com or phone at 1-833-338-PBET.

PointsBet App – The Betting Enthusiast’s Companion

The PointsBet app emerges as a holistic platform for those passionate about betting. It combines an array of betting markets, consistent promo code offerings, an intuitive interface, robust financial options, and round-the-clock customer support.

Types of bets you can make at PointsBet Sportsbook

PointsBet betting markets will vary by state due to local regulations, but does offer a full slate of betting markets including but not limited to:

• Aussie rules football
• Baseball
• Basketball
• Boxing
• Cricket
• Cycling
• Darts
• Football
• Golf
• Hockey
• Mixed Martial Arts
• Motorsports
• Rugby Union
• Soccer
• Snooker
• Table Tennis
• Tennis

PointsBet has something for everyone

PointsBetting may take some getting used to, so it is a danger for beginners, perhaps. But there are also great rewards and options for just about any taste. You can wager on hundreds of games and have hundreds of kinds of bets on each of those games, so the options are nearly endless. Traditional gambling is still a big part of the picture and is the main attraction at PointsBet.

The folks at PointsBet are also brave. They are taking on or inviting the high rollers or “sharps,” as they are called. These are people who are essentially professional gamblers, and they often win because of the expertise they have developed. Many gambling sites or locations limit these people or ban them outright.

Instead of turning these people away, Pointsbet guarantees $10,000 worth of action. This is being done to attract high rollers, many of which would be classified at “sharps.” While some sites shy away from these people, PointsBet says, “bring ’em on.”

Fanatics Climbs the Sports Betting Ladder with PointsBet Acquisition

In a pivotal move solidifying its position in the sports betting industry, Fanatics successfully procured PointsBet’s U.S. branch. Late Thursday night, a whopping 99% of PointsBet shareholders greenlit the sale, concluding an intense chapter and paving the way for Fanatics, the world’s most formidable sports and collectibles licensee, to advance further into the realm of sports betting.

This strategic acquisition, priced at a staggering $225 million, isn’t just a hefty price tag; it symbolizes Fanatics’ passionate ambition. Entering the betting arena half a decade after the Professional and Amateur Sports Protection Act (PASPA) was lifted, Fanatics’ new acquisition promises them precious sports betting licenses. These aren’t any ordinary licenses; they provide leverage in prime territories: New York, New Jersey, Pennsylvania, and Michigan.

The Competitive Dance: DraftKings vs. Fanatics

The journey to this acquisition wasn’t smooth sailing. Originally, Fanatics had settled on a tentative agreement, proposing approximately $150 million to assimilate PointsBet’s U.S. operations. However, as the sports betting industry’s dynamism goes, DraftKings tossed its hat in the ring. With an enticing, non-binding bid of $195 million during the final moments, they hoped to shake the table.

But tables turn, and in this high-stakes game, timing is crucial. DraftKings, unfortunately, missed their window of opportunity, failing to lock down their offer within the given timeframe. Fanatics, sensing the urgency and the potential, did not merely match the offer. They went above and beyond, increasing their proposal by a notable $75 million.

The Future of Fanatics in Sports Betting

With this acquisition, Fanatics isn’t merely expanding its portfolio. It’s strategically positioning itself as a dominant force in the sports betting industry. As the dust settles, one can only anticipate the waves this $31 billion titan will make in the coming years. Through calculated moves and keen foresight, Fanatics has sent a clear message to its competitors: It’s here to play, and it’s playing to win.

Why should I sign up at PointsBet Sportsbook?

PointsBet has all the traditional gaming you could want in an easy to use website and app. Adding the new and different pointsbetting concept makes it even more interesting. Pointsbetting is fun to play with and adds a new level of fun to sports gambling. While there is some added risk, people who are responsible and aware of how the system works should not have a problem.

The app itself is easy to use, but you will need to have an understanding of how online gaming works even if you go the traditional route. PointsBet is certainly something to try if you are interested in online sports betting, as it tends to have something for everyone.