PointsBet Sportsbook Review 2020

Updated: 12/02/2020
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Pros

  • Cash out service available
  • Main focus on American sports leagues
  • Long list of promotional offers and rewards program
  • Exclusive prices and betting markets

Cons

  • Limited payment methods (for both deposits and withdrawals)
  • No live streaming available or game statistics on the site
Sportsbook has a license for this country

Sports selection — good

PointsBet offers a nice selection of sports on the site, as well as a section for bets on entertainment. This section will have wagers available for television series, award shows and other events outside of sports. 

The sportsbook features popular American sports as well as bringing over the popular Australian sports from back home. 

  • Aussie Rules

  • Baseball

  • Basketball

  • Boxing

  • Cricket

  • Cycling

  • Darts

  • Entertainment

  • Football

  • Golf

  • Hockey

  • MMA

  • Motor Racing

  • Name A Bet

  • Rugby League

  • Rugby Union

  • Soccer

  • Table Tennis

  • Tennis

Betting options — good

There are plenty of different ways to place wagers on PointsBet. Main bet types are covered, as well as an extensive focus on prop bets for major leagues like the NFL and the NBA.

Moneyline BetsOver/Under BetsSpread Betting
Prop BetsFutures BetsParlay Bets
Teaser BetsLive BetsPointsbetting

Totals or over/under bets will provide you with a statistical number pertaining to a certain aspect of a competition. All you have to do then is guess whether the actual result will be higher or lower than the one provided. 

PointsBet also offers a more unique style of creating your own bets called ‘pointsbetting’. There are plenty of different markets for ‘pointsbetting’ each with their own rules courtesy of PointsBet. The bets in this section will give players a high risk, high reward style of betting with bets winning or losing more based on the outcomes. 

Here you can take main bets and adjust the lines for them to make your own bets at different odds. PointsBet will have its own rules for each of the bets you make in this section with info boxes for each explaining them. 

The more correct that you are with your bet, the more money you will win. This is definitely a creative and potentially profitable way for you to insert your own ideal lines into the main bets.

Live — normal

Betting on games live takes place in the InPlay section on PointsBet. The main page of live betting shows you all of the games that are currently being played.

There is also a list with upcoming competitions and a live countdown until each starts. The live betting serves its main function allowing players to bet on current games, however, it does not include many added features that make it stand out from other sections.  

PointsBet Live Betting

The list will stay on the left side of the screen allowing you to move between games quickly and make bets. Odds will constantly update while the game is being played. New bet types may also be added during the course of the game. 

Many of the betting markets for live games will also feature the cash out function, which allows players to end the wager before it has been officially decided. 

Cash out allows you to end your bet before the game ends. The amount of your stake that you will be able to return depends on the odds of your bet winning at the time of cashing out. This is a very necessary feature especially when live betting.

While watching games live you can usually see momentum shifts or major events oncoming. Saving your live bets by cashing out before something goes wrong is an incredible way to keep your profits intact. 

Bonuses

Exclusive Offer: Bet $1500 Risk-Free!

Use our exclusive promo code 'LEGALBET' to receive two risk-free bets up to $1500!


Right now when signing up on PointsBet with the promo code 'LEGALBET', players can get two risk-free bets worth up to $1500. The player must first create an account on PointsBet for the first time. The first $500 risk-free bet may be used on fixed odds, while the $1000 risk-free bet can be used for ‘pointsbetting’. 


  • Players must be creating a new account for the first time. 

  • Must use the promo code 'Legalbet'

  • Only one promotion per each IP address or household

  • Must be 21 years or older to open your first account

  • Only the fixed odds risk-free bet is available for Iowa users

  • Refunds are not eligible for winning, voided or push bets

  • Each refund will be processed within 24 hours of bets being settled

  • PointsBet may require additional documentation to use any bonus funds

  • Wagers must be used on fixed odds and ‘pointsbetting’ only 

  • PointsBet has the right to amend or end this promotion at anytime

  • Bonus is also subject to PointsBet general terms and conditions

  •  

This is one of those ideal welcome bonuses, because it gives you the opportunity to test out both fixed odds betting and the unique ‘pointsbetting’ feature as well. The learning curve on PointsBet can be difficult at first, so grabbing some experience right away definitely helps you to settle in, especially with the unique style of Pointsbetting. 


The other major positive about the risk-free bets are the amounts given. Bet risk-free up to $1500 for a chance to win big on both fixed odds and 'pointsbetting'. This is an incredible deal available exclusively on Legalbet that gives players the opportunity for a major headstart on a premier USA sportsbook!

Exclusive Offer: Bet $1500 Risk-Free!

Use our exclusive promo code 'LEGALBET' to receive two risk-free bets up to $1500!


Right now when signing up on PointsBet with the promo code 'LEGALBET', players can get two risk-free bets worth up to $1500. The player must first create an account on PointsBet for the first time. The first $500 risk-free bet may be used on fixed odds, while the $1000 risk-free bet can be used for ‘pointsbetting’. 


  • Players must be creating a new account for the first time. 

  • Must use the promo code 'Legalbet'

  • Only one promotion per each IP address or household

  • Must be 21 years or older to open your first account

  • Only the fixed odds risk-free bet is available for Iowa users

  • Refunds are not eligible for winning, voided or push bets

  • Each refund will be processed within 24 hours of bets being settled

  • PointsBet may require additional documentation to use any bonus funds

  • Wagers must be used on fixed odds and ‘pointsbetting’ only 

  • PointsBet has the right to amend or end this promotion at anytime

  • Bonus is also subject to PointsBet general terms and conditions

  •  

This is one of those ideal welcome bonuses, because it gives you the opportunity to test out both fixed odds betting and the unique ‘pointsbetting’ feature as well. The learning curve on PointsBet can be difficult at first, so grabbing some experience right away definitely helps you to settle in, especially with the unique style of Pointsbetting. 


The other major positive about the risk-free bets are the amounts given. Bet risk-free up to $1500 for a chance to win big on both fixed odds and 'pointsbetting'. This is an incredible deal available exclusively on Legalbet that gives players the opportunity for a major headstart on a premier USA sportsbook!

About the sportsbook

PointsBet first brought its Australian brand of sports betting to the United States in January 2019. The sports betting site opened in New Jersey through a partnership with Meadowlands Racetrack. It now operates in multiple states including Indiana and Iowa. 

PointsBet is a sportsbook that does things its own way, and it would be hard to find another like it in America. Sports betting on the site is available on both desktop and on mobile apps. Bettors who like to play on the main markets and the biggest leagues will enjoy the simple layout of the PointsBet site.  

The brand brings a premium sportsbook experience complete with a wide variety of betting markets and its own unique style of placing sports wagers. It excels in a few key areas, including promotions, betting styles and unique features on the site.

Top reasons to use PointsBet:

  • Lots of different markets for major US leagues

  • The use of ‘pointsbetting’ and other betting features

  • Different betting options like entertainment bets

  • Extensive promotion section with updated offers

The main feature that distinguishes PointsBet from other sportsbooks is the ‘pointsbetting’ style of wagering. You can find this style of wagering on many games throughout different leagues and sports on the site. 

PointsBet Site Overview

This type of wagering allows you to set your own lines for major markets with the possibility for huge profits. The way it works is that you are given a bet type like total Real Madrid goals in a game, for example. The difference of the actual number of goals scored and the number that you bet is what your stake will be multiplied by. 

Many pointsbetting markets are tapped out at 90X your stake, but even still it's not hard to see how you can make a major profit if things go your way. Other betting features on PointsBet include odds boosts and quick parlays, among others. 

PointsBet Official Site

PointsBet has a great website design that adds simplicity to the complex art of sports betting. There is more to what you first see with PointsBet. The sportsbook does a good job with packing the site full of content without putting forth an overbearing design.

And there is plenty of content available. The site is loaded with different features that lends variety to the way you play. The main layout of the online sportsbook is easy to navigate, with all of the different sections located in the left tab. 

The different sections will also include betting features like ‘booster odds’ and quick parlays. Booster odds is a PointsBet feature that will take relevant markets and feature them for having higher odds than they were previously listed for. 

The 'Quick Parlay' is another PointsBet feature which allows you to quickly skim through the main markets for different games in each sport in order to quickly put together a parlay. The site pulls odds from all sports and leagues giving you a wide variety without having to spend a lot of time searching. 

Beyond the normal sports betting sections, PointsBet also has a blog section with different articles, podcasts and updates for everything surrounding sports. With everything packed into this section it is hard to ever miss any news, and also easy to hone your skills while passing the time. 

Registration & Verification

Before beginning to place wagers on PointsBet and enjoy the unique sports betting available, you will need to create and register an account. It only takes a few steps to get started and the process generally does not take that long. 

  1. Go to the PointsBet website for your state

  2. Click on the red ‘Sign Up’ button in the top right corner

  3. Complete the registration with accurate information

  4. Wait for confirmation from PointsBet that your account has been created

  5. Make a deposit and begin betting

The registration process on PointsBet follows two sections and it is mainly straightforward. You will need to include general information about yourself and also accept some terms and conditions at the end. You will also create an email and password that you will use to log in. 

There is a space at the beginning of registration that will ask you for a bonus promo code. These are a series of numbers and letters that allow you to opt in to welcome bonuses. You can find bonus codes in a welcome bonuses description in the PointsBet promotions section. 

If there is one available, you need to enter it when registering or else you risk not being able to receive it. You will be notified by email when your account has been approved, after which you are able to log in at any time using your email address and password that you created and begin betting! 

PointsBet Bonuses

Bonuses and promotions on sportsbooks give players special offerings like cash back, free bets and other extras. Who doesn't love getting extra prizes for free? You can always find the current PointsBet bonuses in the ‘promos’ section. 

There will be a list of everything on offer at the moment, as well as a short description of what each offer entails. All promotions will have requirements and most will have expiration dates, so it is best to always check this section as often as possible. 

Promotions are one of the bright spots on PointsBet. The sportsbook often has plenty of bonuses on offer, and we can safely say there are more than most sportsbooks. Many of the offers with certain leagues or bet types.

Since the number of bonuses offered is quite high, there shouldn't be any problem finding something for your current bets.

  • Risk-free bets

  • Odds Boosts/ Super Boosts

  • Game-specific Bonuses

  • Double Winnings

  • Trivia Contests 

  • Parlay Bonuses

  • Cash Back Bonuses

  • Rewards Program

The promotions will also vary from unique to common, and from ongoing to one-time. Good news for bettors however is that PointsBet bonuses are often ongoing, meaning you can use them more than once until they expire. 

Welcome bonuses will require you to enter the bonus promo code during registration. However, for other promotions, you will simply have to fulfill the requirements to receive the offer. PointsBet does a great job offering an extensive list of bonuses, and the only problem might be receiving them all!

Deposits & Withdrawals

Depositing into your account will be the first thing that you are prompted towards doing after registration. Withdrawals can be made at any time after making a deposit. PointsBet has limited options towards making transactions, however they are common enough to cover most players.

The payment methods are mostly all online. However, if you are betting in New Jersey you will have a couple of land-based options as well.

This will include the Meadowlands Racetrack where you can deposit or withdraw during business hours. 

Payment Method

Deposit

Withdrawals

PayPal

Yes

Yes

Debit/ Credit Card

Yes

No

Online Banking

Yes

Yes

PointsBet Card

Yes

Yes

PayNearMe

Yes

No

You can make all payment transactions by clicking on my account and choosing either deposit or withdrawal. For all first-time withdrawals made on PointsBet, you will be required to provide additional documentation.

Utilizing the PointsBet Card is likely the best option. The card allows you to make instant deposits and withdrawals on PointsBet with no added fees.

Official Mobile Apps

There are mobile apps for both Apple and Android devices available for PointsBet. You can download the Android app directly off of the PointsBet website, whereas the IOS version of the app can be downloaded in the Apple store. 

Both versions of the app are free to download and use. Mobile betting apps give players the opportunity to bet anywhere in legal states without having to leave the house. 

PointsBet Betting App Pros

  • Layout and design perfectly complement mobile devices

  • Betting features from the desktop version remain the same

  • Long list and selection of rewards and promotions

  • App runs incredible smoothly, and is quick whilst navigating 

Betting App Improvements Needed

  • Would still like to see live streaming be added to the sportsbook

  • Number of betting markets can be a little low for the less popular competitions

As much as the simplicity of the desktop version can make the sportsbook look a little bare, it also perfectly fills out the mobile app.

The app is easy to use and all different sections easy to find. The promotions and other features also remain the same on the app, giving you the entire PointsBet experience.

The positives of using the app far outweigh the negatives, which were hard to find. The app runs as smoothly as the top sportsbook apps in the country and is all around a solid choice for any bettor. 

Customer Support

PointsBet has a couple of ways that you can get into contact with them should the need arise. The first way you can contact them is by email, however the live chat will normally be the quickest way. 

PointsBet is also very active on their social media like Twitter, so you may have a good bit of luck reaching them through there.

Reaching out to PointsBet may not always be necessary, due to the amount of information listed on the site. There are multiple sections including help centers, terms and conditions and house rules that you can access at the bottom of the page.

These will have plenty of information and may answer any questions you may have had. If you have a question about the site in general, then these sections are definitely worth a look. 

Review Conclusion

From our viewpoint, PointsBet is a truly awesome and unique sportsbook especially for bettors who really like to gamble. With the feature ‘pointsbetting’, you will have the opportunity to risk major amounts of money with a chance to win huge all off of one bet.

It is definitely a unique feature, and is sure to draw some big time bettors out of the crowd.

However. PointsBet has plenty of other great features for players who do not want to risk their entire bankroll on one wager.

The long list of promotions and betting options give you plenty of unique ways to profit making normal bets on the site. PointsBet stands out because of its unique, good offerings to all types of players. 

Questions and answers

How does 'pointsbetting' work?

The unique ‘pointsbetting’ feature gives bettors the chance to win or lose large amounts of money that can be decided by only a few seconds. PointsBet will list a number of different betting markets that do not have fixed odds attached.

Instead, you will need to choose an over or under amount from the original line. The number of points that you are right or wrong determines the number that your stake will be multiplied by.

Each bet will have a max win and loss level so you will still be able to know how much you can win or lose from a bet.

Each bet listed in the ‘pointsbetting’ lines will have an info box that will tell you exactly what the bet entails, and how to win or lose.

Once you make one of these bets, PointsBet will withhold a significant portion of the risk from your account. We would not recommend that beginners attempt ‘pointsbetting’, but is a very exciting way to bet once you learn the ropes. 

Is it possible to use PointsBet outside of New Jersey?

Luckily for bettors outside of New Jersey, they do not have to make the trip to the Garden State just to use PointsBet. The sportsbook has already expanded its operations into other states with even more planned. 

In order to get betting at one of these other states, you will need to register at the appropriate PointsBet sportsbook.

States may have different rules for creating sportsbook accounts, but they will mainly follow the same process. If you are visiting another state that has PointsBet, you can always sign up and play as long as you are within the state’s borders. 

PointsBet is currently available online in New Jersey, Indiana and Iowa.

What is PointsBet spread betting?

Spread Betting, also known as betting with handicaps, is a type of bet that rewards underdogs with more points or takes away points from favorited teams, depending on which side you choose. 

These types of bets are especially popular with football leagues like the NFL, but can be found on most sports competitions.

If the spread for a game is 3.5, you will see this number added to one team and subtracted from the other. If you pick the team with the points added, they will only need to not lose by that number or win the game outright for you to win your bet.

The team with points subtracted will need to win by more than the spread for your bet to be successful. 

Replenishment and withdrawal of funds

Type
At least
Max
Payment. Commission
Payment. Deposit time
PayPal
$10
Check with PointsBet
None
Immediately
eCheck
$5
Check with 'Global Payments'
Insufficient funds fee $30
Up to three business days
Cash at Cage
$5
None
None
Immediately
Online Banking
$5
Insufficient funds fee $30
Up to three business days
PayNearMe
$5
$500 per day
None
Within 30 minutes
PayPal
eCheck
At least
$10
Max
Check with PointsBet
Payment. Commission
None
Payment. Deposit time
Immediately
At least
$5
Max
Check with 'Global Payments'
Payment. Commission
Insufficient funds fee $30
Payment. Deposit time
Up to three business days
Cash at Cage
Online Banking
At least
$5
Max
None
Payment. Commission
None
Payment. Deposit time
Immediately
At least
$5
Max
Payment. Commission
Insufficient funds fee $30
Payment. Deposit time
Up to three business days
PayNearMe
At least
$5
Max
$500 per day
Payment. Commission
None
Payment. Deposit time
Within 30 minutes
Type
At least
Max
Payment. Commission
Payment. Withdrawal time
PayPal
$5
None
None
1-2 business days
PayPal is only available for withdrawals if you have previously deposited with Paypal
eCheck
$5
Check with 'Global Payments'
None
1-5 business days
Cash at Cage
$50
$10,000
None
Within 24 hours
Online Banking
$5
Check with PointsBet
None
1-5 business days
PayPal
eCheck
At least
$5
Max
None
Payment. Commission
None
Payment. Withdrawal time
1-2 business days
PayPal is only available for withdrawals if you have previously deposited with Paypal
At least
$5
Max
Check with 'Global Payments'
Payment. Commission
None
Payment. Withdrawal time
1-5 business days
Cash at Cage
Online Banking
At least
$50
Max
$10,000
Payment. Commission
None
Payment. Withdrawal time
Within 24 hours
At least
$5
Max
Check with PointsBet
Payment. Commission
None
Payment. Withdrawal time
1-5 business days

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