We knew that the new frontier of sports betting was going to include some innovation and creativity. PASPA was really holding the business back. Legalized sports betting in Nevada has been a thing for a very long time, but the Nevada Gaming Commission plays a lot of things by the book and there are a lot of props and different betting lines that cannot be a reality.
PointsBet has changed all of that, not in Nevada, but in New Jersey. The blueprint has been out there for a long time in Europe and Las Vegas in terms of how to run a successful and profitable sportsbook. There are a lot of operators out there that have an aversion to risk, though. That aversion to risk hurts the consumer. PointsBet saw that as an opportunity and now has a thriving business in the state of New Jersey.
Among New Jersey sportsbooks, there is no rival to PointsBet. Other apps may have bigger names or a greater reputation, but the betting options offered to users at PointsBet are unique. They are special. They are, quite frankly, revolutionary.
PointsBet was an Australian company before getting a betting license through Meadowlands Racetrack. Now, it is regulated in the US by the Division of Gaming Enforcement in the United States.
Variety is the spice of life and PointsBet has made things very spicy in New Jersey. If you want a traditional sportsbook, PointsBet has those attributes, though maybe not to the degree of DraftKings, William Hill, or BetRivers (formerly Play SugarHouse). Maybe not to the degree of sportsbooks in New Jersey, Indiana, West Virginia, Pennsylvania, and Iowa. But PointsBet, which is sure to catch on in other states as well, brings something new, exciting, and interesting to this ever-evolving world of online sports betting.
For starters, you’ll either have to go to the PointsBet website here . Once you are at the website it is quite simple. You just enter the pertinent personal information to sign up for an account. That would include your name, email address, phone number, physical address, and any additional information. You don’t have to live in New Jersey to use PointsBet, but you do have to be physically located in the state of New Jersey in order to place bets. (Yes, you New York City natives – you can still use PointsBet!)
Once you are all signed up simply download the IOS or Droid app directly from their website.
You’ll have to fund your account. Find the cashier link on the app or on the website and get a transaction all set up. Most users will opt for Visa or Mastercard for credit card or debit card deposits. You can also use ACH or e-check, PayPal (the most preferred option), PayNearMe, or the Prepaid PointsBet card. In most cases, your method of deposit will also be your method of withdrawal.
Once you get all signed up and fund your account, you’ll be able to accept your first deposit bonus and see that bonus money added to your bankroll. Keep in mind that most bonus offers come with a required rollover before you can withdraw your money. Always read the terms and conditions to see what those rules are.
Very carefully. In all seriousness, the usual betting options are there. Spreads, totals, and money lines. Props, futures, and in-game wagering. All of those conventional bet types exist at PointsBet and you can decide to go that route for the NFL, NHL, NBA, MLB, college football, college basketball, UFC, NASCAR, golf, soccer, tennis, and boxing games and events.
The true allure of PointsBet is the landmark PointsBetting system. This is exclusive to PointsBet and is a good way to make a lot of money. It can also be a good way to lose a lot of money. The way this high-risk, high-reward option works is that bettors can determine their amount of risk before making a bet.
With straight wagers, props, futures, parlays, etc., your odds are fixed. You bet X and you win Y. With PointsBetting, you bet X and you can win X times 1, X times 2, X times 3, and so on. Unfortunately, you can also lose X times 1, X times 2, X times 3. It isn’t as complicated as it sounds. Say you want to bet Ezekiel Elliott rushing yards over 100 for $10. If he runs for 105 yards, you win $50. If he rushes for 95 yards, you lose $100.
PointsBetting is most applied with player props, but it can also be applied to spreads and totals as well. If you think Lakers vs. Clippers is going over 220, you can put $10 on the over and then win $10 times however many points over 220 the game goes. On the flip side, if the games finishes 101-99, you would lose $10 times 20 because the total fell 20 points of the line.
Different sports have different payouts. For more, it is best to sign up and check out what PointsBetting is straight from the source.