PointsBet Review – Honest PointsBet Analysis

Last updated: June 14, 2023

PointsBet, an Australian-based online sportsbook, has experienced rapid growth in popularity among American bettors in regulated states. With competitive pricing, an excellent mobile platform, and innovative betting options, it’s easy to see why this sportsbook has gained such a positive reputation in the industry. In this review, we’ll cover the key features and aspects that make PointsBet stand out among its competitors.

One unique aspect of PointsBet is its signature PointsBetting system, which distinguishes it from other traditional betting platforms. This high-risk, high-reward betting style allows bettors to multiply their winnings based on the margin of victory or defeat. In addition to this, PointsBet offers a wide range of betting markets and a great sign-up bonus for new users, along with many odds boosts and promotional offers to enhance the overall betting experience.

The user interface of the PointsBet platform is intuitive and easy to navigate, making it suitable for both experienced bettors and newcomers alike. With a variety of deposit methods and responsive customer service, PointsBet provides a reliable and convenient option for sports betting enthusiasts. As we delve further into this review, a closer examination of PointsBet’s offerings and unique features will shed light on why it continues to dominate the online sports betting landscape.

PointsBet Betting Overview

What is PointsBet?

PointsBet is an Australian-based online sportsbook that has gained popularity in the US market due to its competitive pricing and user-friendly mobile app. They offer a mix of traditional sports betting along with their unique “PointsBetting” system, which allows bettors to win or lose based on the margin of their wager.

Key Information about PointsBet

  PointsBet
Type Online Sportsbook
License Various states in the US (e.g. NJ, PA, MI, CO, IL)
US Market Yes
Casino Not available
Betting Options Traditional betting, PointsBetting
Mobile App Yes

PointsBet has successfully entered the US market by obtaining licenses in various states, such as New Jersey, Pennsylvania, Michigan, Colorado, and Illinois. While it focuses primarily on its sports betting offerings, it does not currently provide an online casino option for its users.

With a wide range of sports and leagues available for wagering, PointsBet has established itself as an attractive option for bettors. The mobile app allows for easy access, making it convenient for users to place bets on their favorite sports and events.

One of the main distinguishing features of PointsBet is the innovative PointsBetting system, which introduces a new dimension to sports betting. Instead of simply predicting the outcome of an event, bettors can win or lose based on the margin of their wager, adding excitement and risk to each bet.

PointsBet Pros and Cons

Pros:

  • Legitimacy: PointsBet has a solid reputation as a legitimate online sportsbook. Its presence in the United States can be verified in user reviews and other evaluations.
  • Usability: The website and app have a user-friendly design that is easy to navigate. This is particularly helpful for newcomers to sports betting, as well as experienced bettors looking for an intuitive platform.
  • Innovative Betting Options: PointsBet offers its unique point spread betting system, allowing users to maximize their winnings by being as precise as possible on their wagers.

Cons:

  • Lag Issues: Some customers reported occasional lagging on the platform. This can be a downside for those hoping to place bets quickly or watch live events without interruption.
  • Customer Service: There are mixed reviews regarding PointsBet’s customer service responsiveness. Some users experienced prompt and helpful support, while others reported delays or limited assistance, as seen in this Trustpilot review.
  • Limited Coverage of Lesser-Known Sports: PointsBet primarily focuses on popular sports, so bettors interested in niche sports may find a limited selection of events and betting options.

Who is PointsBet Best for?

PointsBet is an Australian-based online sportsbook that has gained popularity in regulated states across the United States. It caters to a wide range of bettors, from newcomers to seasoned sports enthusiasts. PointsBet is best known for its unique offering, known as PointsBetting—a high-risk, high-reward style of betting.

For those new to online gambling, PointsBet offers a new customer promotion to attract beginners. Users signing up for the first time can benefit from risk-free bets up to $500, which means you can receive your money back regardless of the bet outcome. This promotion sets PointsBet apart from other sportsbooks and provides an attractive incentive for potential users.

The following table showcases the key features of PointsBet:

Feature Description
Pricing Competitive pricing with in-house odds
Mobile App Easy-to-use, user-friendly app available on both iOS and Android
Coverage Extensive coverage of U.S. sports, as well as international events
Special Events Targeted promotions, such as free bets, during major sports seasons

PointsBet’s robust coverage of various sports makes it ideal for bettors who are passionate about their favorite leagues. From popular U.S. leagues like the NFL and NBA to international leagues like the English Premier League, the sportsbook offers a comprehensive selection to cater to different preferences.

Which States is PointsBet Legal In?

PointsBet is an online sportsbook that has gained popularity in the United States in recent years. As of now, it is legal in several states across the country. These states include New Jersey, Colorado, Illinois, Indiana, Iowa, Michigan, Pennsylvania, Virginia, and West Virginia. Additionally, PointsBet is also legal in other states, such as Kansas, Louisiana, Maryland, New York, and Ohio1.

The list of legal states for PointsBet has grown rapidly since its entry into the US market. In New Jersey, PointsBet entered the sports betting scene in December 20182, quickly expanding to other states like Indiana and Iowa the following year. With its unique PointsBetting system and a wide range of betting options, PointsBet has successfully marked its presence in various states.

In Michigan, the online sportsbook has been legal and active since January 20213, and it continues to expand further in other states across North America. The legal situation is constantly evolving, with more states looking to legalize online sports betting.

PointsBet has managed to establish itself as a premier sports betting platform, partnering with land-based casinos and local sports teams to broaden its reach and enhance its brand. With ongoing expansions and positive reviews, PointsBet is poised to become a significant player in the US sports betting market.

Who Regulates PointsBet and Does This Differ Per State?

PointsBet is regulated by various entities within the United States, depending on the state in which they operate. The regulations can differ per state, with each jurisdiction having its own governing body responsible for overseeing and enforcing sports betting laws.

In New Jersey, for example, PointsBet is overseen by the New Jersey Division of Gaming Enforcement. This organization ensures that the sportsbook operates according to the state’s legal guidelines and upholds responsible gambling practices.

In other states like Indiana and Iowa, PointsBet is subject to their respective state gaming commissions. These commissions impose their own regulations, licensing requirements, and player protection measures customized to their jurisdiction.

State Regulatory Entity
New Jersey New Jersey Division of Gaming Enforcement
Indiana Indiana Gaming Commission
Iowa Iowa Racing and Gaming Commission
Illinois Illinois Gaming Board
Michigan Michigan Gaming Control Board
Colorado Colorado Division of Gaming

PointsBet ensures that it operates within the legal framework established by each governing body. In addition to adhering to local regulations, PointsBet also holds a license from a reputable international jurisdiction. This demonstrates their commitment to maintaining a high standard of security, fairness, and transparency in all markets they serve.

What Are the Promotions and Bonuses Offered by PointsBet?

PointsBet offers various promotions and bonuses to attract new customers and keep existing ones engaged. Some of the popular promotions include deposit bonuses, free bets, bet insurance, odds boosts, and returning customer specials.

Does PointsBet Offer Rewards and Loyalty Programs?

Yes, PointsBet has a rewards program where users earn points for every bet placed. These points can later be redeemed for bonus bets and other exciting offers. The more frequently a player bets on PointsBet, the more points they accumulate, leading to better rewards and benefits.

Other Promotions Offered by PointsBet

  • Deposit Bonus: PointsBet provides deposit bonuses in the form of risk-free bets. For instance, the welcome bonus gives new customers up to $2,000 worth of risk-free bets – a fixed odds refund up to $500 and a $1,500 refund for their first PointsBetting wager1.
  • Promo Code: New customers can use the PointsBet promo code ‘WELCOME’ to access the $2,000 risk-free bets offer1.
  • Second Chance Bets: PointsBet gives new players five second chance bets (up to $50 each) for their first five days on qualifying fixed odds markets2.
  • Odds Boosts: To enhance customer experience, PointsBet introduces daily odds boosts on select events, increasing potential payouts.
  • Free Spins: They also offer free spins on slot machines. If you wager and lose a certain amount on select game days, you earn a tier-based number of free spins in compensation3.

Below is a summary of PointsBet promotions in a table:

Promotion Reward Promo Code
Welcome Bonus Up to $2,000 Risk-Free Bets WELCOME
Second Chance Bets 5 Bets up to $50 Each2 None
Odds Boosts Enhanced Betting Odds None
Free Spins Tier-Based Free Spins3 None

In conclusion, PointsBet offers a wide range of enticing promotions and bonuses for new and returning customers, making it a competitive and engaging sportsbook platform.

What Are the Odds Like with [PointsBet]?

PointsBet is a reputable sportsbook with a strong presence in the US market. Known for its competitive odds and innovative betting options like PointsBetting, users can expect a diverse range of offerings at their disposal.

In terms of traditional wagering options, bettors will find numerous markets for major US sports such as the NFL, NBA, MLB, and NHL. The sheer volume of betting options is quite impressive, with up to 1,000 markets per NBA game. It caters to bettors of all preferences, including point spreads, moneylines, total points, and more.

For those who enjoy live betting, PointsBet has a solid selection that keeps users engaged in the action. As part of their live betting package, the platform offers competitive odds and an easy-to-use interface, enabling bettors to bet on their favorite games in real-time.

Another feature that sets PointsBet apart is their PointsBetting option, an exclusive betting type to the platform. It allows bettors to wager on a variety of pre-determined outcomes, enabling players to potentially win or lose more based on the final score of an event. This unique style of betting adds excitement to the already extensive list of offerings.

PointsBet also offers same-game parlays, an increasingly popular option that allows bettors to customize their bets within a single sporting event. Users can combine several bets, such as point spreads, player stats, and prop bets, to potentially increase their winnings.

How to Get Started with PointsBet?

PointsBet Design and Layout

The PointsBet platform features a user-friendly design and layout that makes navigation easy for both beginner and experienced bettors. The registration process is quick, and it takes only a few minutes to set up a new account. The navigation menu is strategically placed, allowing users to access popular betting markets and account features efficiently.

PointsBet KYC Process

To ensure a secure gambling environment, PointsBet implements a Know Your Customer (KYC) process. After registering, you will be required to submit identification documents, such as a government-issued ID and proof of address. This verification process may take up to 48 hours for approval, and it helps protect both the bookmaker and the bettor from fraud and illegal activities.

Is Anything Hidden in PointsBet Terms and Conditions?

There are no hidden agendas in PointsBet’s terms and conditions. However, it is essential to read and understand them before placing bets, as they stipulate essential details concerning account limits, deposit and withdrawal methods, and responsible gaming measures. The platform serves as a transparent and secure gambling environment for users, maintaining compliance with industry regulations and fostering responsible gambling behavior.

PointsBet Owner Background Information

PointsBet is an Australian-based online sportsbook that has been operating in the US since January 2019. It is a reputable and popular choice among bettors in the regulated US market, thanks to its innovative betting options and strong commitment to customer satisfaction. The company has a strategic partnership with Penn National Gaming, which allows it to enter various US markets over time.

What Are the Deposit Options with PointsBet?

PointsBet Sportsbook offers a variety of deposit options to cater to diverse customer preferences. Let’s explore these options in more detail.

Is There a Minimum Deposit to Bet at PointsBet?

Yes, there is a minimum deposit amount required to bet at PointsBet, but the specific amount may vary depending on the deposit method used.

How to Deposit Money to PointsBet?

Here are the main deposit methods available at PointsBet, along with any associated details:

  1. Debit/Credit Cards
  • Accepted Cards: Visa, Mastercard
  • Minimum deposit amount may vary depending on the card.
  1. Online Banking
  • PointsBet allows you to deposit funds using online banking by Trustly
  • Compatible with various banks, offering a secure and convenient platform for transactions
  1. ACH/eCheck
  • You can deposit funds using ACH transfers or eChecks, a popular option for online sportsbooks.
  1. PayPal
  • A widely accepted e-wallet providing a convenient and secure way to deposit and withdraw funds

When depositing money at PointsBet, keep in mind the minimum deposit requirements and processing times for each method. It’s essential to choose a deposit method that best suits your needs to ensure a smooth betting experience.

What Are the Withdrawal Options with PointsBet?

PointsBet offers several withdrawal options for bettors, providing an easy and secure experience on their platform. Let’s explore two sub-sections: How to Withdraw Money from PointsBet and How Long Does It Take?

How to Withdraw Money from PointsBet

PointsBet supports multiple withdrawal methods, catering to different preferences to facilitate convenience. The available withdrawal options include the following:

  • Online Banking: PointsBet users can withdraw their winnings directly to their linked bank account.
  • PayPal: A popular e-wallet option, which allows users to withdraw money safely and securely to their PayPal account.
  • ACH/eCheck: PointsBet supports ACH/eCheck Withdrawals, which transfer funds from your PointsBet account to your bank account electronically.
  • Casino Cage: For bettors in New Jersey, Iowa, and Illinois, cash withdrawal options are available at select physical casinos like Bally’s Atlantic City Hotel & Casino (NJ), Meadowlands Racetrack (NJ), and Catfish Bend Casino (IA).

How Long Does It Take?

Withdrawal processing times vary depending on the chosen method:

Method Processing Time
Online Banking 2-5 business days, same-day withdrawals possible
PayPal Usually processed within 24 hours
ACH/eCheck 3-5 business days
Casino Cage Instant access to cash upon visiting the casino cage

While PointsBet strives to process withdrawals as quickly as possible, processing times may depend on external factors like bank policies and gambling regulations. Please always double-check PointsBet’s withdrawal terms for up-to-date information on processing times and any applicable fees.

All PointsBet Sports Options & Betting Markets Reviewed & Compared

PointsBet offers a wide variety of sports and betting markets for bettors to choose from. Their sportsbook features popular US sports such as NFL, NBA, MLB, and NHL games. Additionally, bettors can find various international events, including soccer, rugby, tennis, golf, and more.

Their user-friendly platform allows punters to easily navigate through various betting options such as moneylines, point spreads, totals, and futures. Live betting is also available for those who enjoy placing wagers during the events. Furthermore, PointsBet offers access to their unique spread betting feature, setting them apart from other sportsbooks.

Prominent Sports & Betting Markets:

  • Football: NFL, NCAA
  • Basketball: NBA, NCAA, Euroleague
  • Baseball: MLB
  • Hockey: NHL
  • Soccer: Premier League, La Liga, Champions League, etc.
  • Tennis: ATP, WTA
  • Golf: PGA, European Tour
  • Motorsports: NASCAR, Formula 1
  • Combat sports: UFC, Boxing

In addition to the standard betting options, PointsBet provides a feature called “PointsBetting,” where bettors can win or lose more depending on how right or wrong their wager is. This dynamic style of betting sets them apart and can be highly engaging for experienced punters.

As illustrated in the following table, PointsBet covers a wide range of sports and leagues for bettors to choose from.

Sport Leagues/Events
Football NFL, NCAA
Basketball NBA, NCAA, Euroleague
Baseball MLB
Hockey NHL
Soccer Premier League, La Liga, Champions League, and more
Tennis ATP, WTA
Golf PGA, European Tour
Motorsports NASCAR, Formula 1
Combat UFC, Boxing

With this extensive coverage of sporting events and diverse betting markets, PointsBet caters to both novice and experienced bettors. Their platform is designed to be user-friendly and efficient while offering competitive odds and unique betting experiences.

Does PointsBet Have an App?

Yes, PointsBet offers a mobile app for both iOS and Android devices, providing bettors with a convenient way to place bets and manage their accounts on the go.

PointsBet Desktop vs Mobile Overview

iOS App: The PointsBet app for iOS devices is designed to work on devices running iOS 9.0 or later. Users can download it directly from the Apple App Store, with the app offering a seamless and user-friendly experience on both iPhones and iPads1.

Android App: Android users, on the other hand, must download the PointsBet app directly from the sportsbook’s website, as it is not available on the Google Play Store due to restrictions2. The app should work on most modern Android devices released within the last few years2.

When comparing the PointsBet desktop site to the mobile app, the following points are noteworthy:

  • Usability: The mobile app is optimized for smaller screens, with user-friendly navigation and an efficient layout. This makes it easy for users to find the games they are looking for, quickly place bets, and keep track of their account balances and bets.
  • Features: The PointsBet app has all the essential features available on the desktop site, including live betting, account management, and access to PointsBet’s extensive catalog of sports and betting markets.
  • Performance: Generally speaking, the mobile app delivers a smooth performance. However, occasional technical issues may be experienced, as noted in some customer reviews4.

PointsBet Customer Service Details in the US

PointsBet offers a variety of customer support options for their US-based clients. One popular option is their live chat feature, which provides real-time assistance to customers. However, it’s important to note that in Pennsylvania, live chat is only available for clients from 10am-10pm EST daily 1.

If you prefer to communicate via email, you can reach the PointsBet customer support team at [email protected](mailto: [email protected]). Their support team is available 24 hours a day, 7 days a week, and 365 days a year to assist you with any questions or concerns 1.

In addition to live chat and email support, PointsBet also offers an extensive FAQ section on their website. This resource provides answers to commonly asked questions regarding account management, deposit and withdrawal options, and betting rules. The FAQ section is a helpful tool for customers who want to troubleshoot issues independently.

To summarize, PointsBet’s customer service in the US includes:

  • Live chat support (10am-10pm EST daily in PA)
  • Email support at [email protected](mailto: [email protected])
  • An informative FAQ section on their website

PointsBet Online Reviews from Trustpilot (Summarized)

Looking at the feedback from Trustpilot reviews, PointsBet holds a substantial reputation among its users. With over 2,757 reviews, PointsBet has garnered a 3.8 rating, classified as “Great.” Here’s a brief summary of the Trustpilot reviews:

Positives:

  • The majority (61%) of users rated PointsBet with 5 stars, praising the platform for its quick payouts, user-friendly interface, and prompt customer service.
  • Some reviewers mentioned the competitive odds and variety of betting markets, making the betting experience enjoyable.

Negatives:

  • Around 13% of users gave PointsBet a 1-star rating, citing technical issues with the mobile app, occasional delays in payouts, and account verification complications.
  • 6% of users rated PointsBet with 2 stars, mentioning issues ranging from unclear promotional terms to customer service responsiveness.

Here’s a breakdown of the Trustpilot ratings for PointsBet:

Rating Percentage
5-star 61%
4-star 20%
3-star 9%
2-star 6%
1-star 13%

To maintain a fair and balanced review, it’s important to note that user’s experiences and opinions may differ. Be sure to review the details of the benefits and drawbacks for PointsBet’s platform mentioned so far in these Trustpilot reviews.

PointsBet Safety & Security for Gamblers

At PointsBet, safety and security are taken seriously to ensure a reliable and enjoyable experience for its users. The platform employs the latest security measures, including encryption and secure servers, to protect customer data and financial transactions.

Responsible Gaming is a top priority for PointsBet, and they provide various tools and resources to help players maintain control of their gambling habits. These include setting deposit and spending limits, self-exclusion tools, time-out options, and access to external support organizations.

PointsBet’s Privacy Policy outlines how they collect, use, and safeguard the personal information of their users. They also adhere to strict guidelines set by regulatory authorities and ensure compliance with data protection laws.

Secure Banking methods are available for players to deposit and withdraw funds from their PointsBet accounts. The platform supports multiple payment options such as credit/debit cards, e-wallets, and bank transfers. Additionally, PointsBet utilizes advanced encryption technology to secure all transactions, so players can be confident that their money and information are safe.

Top 3 PointsBet Alternatives for Sports Betting

One alternative to PointsBet is DraftKings. As a popular and well-established sportsbook, DraftKings offers various attractive features like numerous betting options, competitive odds, and plentiful promotions. DraftKings also provides daily fantasy sports contests, enhancing the overall variety of their betting menu.

Another sportsbook worth considering is FanDuel. Similar to PointsBet, FanDuel offers a user-friendly experience on its online platform, with an extensive range of betting options and useful features like live streaming and cash-out options. Additionally, FanDuel users can benefit from its comprehensive selection of bet types, with options for in-game bets, same-game parlays, and player prop bets.

A third alternative is BetMGM, a reliable and reputable sportsbook with MGM Resorts International’s backing. BetMGM features an extensive list of sports and markets, covering both major and niche events. This sportsbook stands out for its extensive parlay options, risk-free bets, and frequent promotions for both new and existing customers.

PointsBet Alternatives Betting Options Features Promotions
DraftKings Extensive range of options Live streaming, cash-out options, daily fantasy sports contests Deposit bonuses, odd boosters
FanDuel Comprehensive bet types User-friendly interface, same-game parlays, live streaming, cash-out Deposit bonuses, risk-free bets
BetMGM Major and niche events Parlay options, risk-free bets, in-game bets, player props Deposit bonuses, ongoing promotions

In conclusion, PointsBet users seeking alternative sports betting providers should consider DraftKings, FanDuel, and BetMGM, as they each offer a diverse range of betting options, unique features, and enticing promotions to cater to their customers’ needs.

Is PointsBet a Good Choice for You?

PointsBet, an Australian-based online sportsbook, has gained popularity among American bettors in regulated states due to its competitive pricing, excellent mobile app, and extensive coverage of various sports events. In this section, we will cover the key features of PointsBet, primarily focusing on the signup process and risk-free betting opportunities.

Signing up with PointsBet is a simple and convenient process. The platform offers a great sign-up bonus for new users, making it an attractive option for those who are just starting their sports betting journey. They provide a unique PointsBetting system that allows bettors to try their hands at a different form of wagering, giving them an edge in the market.

Another notable aspect of PointsBet is their offering of risk-free betting opportunities. New users can take advantage of 5 Second Chance Bets worth $50 each, allowing them to test the waters without the fear of losing their money. This feature sets PointsBet apart from its competitors by giving users a solid start in their betting experience.

The platform also offers a variety of promotions and odds boosts, including same-game parlays and limited-time offers. These incentives make PointsBet an attractive option for seasoned bettors looking for additional value in their wagering activities.

However, some users have reported issues with customer service and promo banning for winning bets. While these issues are not universal, it would be wise to take them into account while evaluating if PointsBet is the right choice for you.

Frequently Asked Questions

Is PointsBet a legit site?

Yes, PointsBet is a legitimate online sportsbook. Established in 2015, it has gained popularity among bettors in the US, Canada, and Australia. Their unique points betting system sets them apart from traditional fixed-odds sportsbooks.

Ease of withdrawal?

PointsBet offers various withdrawal options, including ACH, debit/credit cards, and cash at partner retail casinos. Processing times vary, but it usually takes 1-5 days for withdrawals to be completed.

Maximum payout?

The maximum payout at PointsBet depends on the respective sport and market. To ensure accuracy, it’s best to check the specific terms and conditions applicable to each bet, which can be accessed on the PointsBet website or mobile app.

Benefits of PointsBet?

One of the main benefits of PointsBet is their unique points betting system, offering a different style of wagering compared to traditional fixed-odds betting. They also provide an extensive range of betting lines and single-event props, as well as 5 x $50 in Bet Credits for new users.

PointsBet promo code?

To find the latest PointsBet promo codes, visit the promotions section on the PointsBet website or check third-party websites and social media for exclusive offers. Generally, PointsBet offers promo codes for new customers or for specific sporting events.

PointsBet app experience?

Although there have been some negative reviews about the PointsBet app, it is generally considered a user-friendly and convenient way to place bets. The app is available on both iOS and Android devices. However, as with any technology, bugs and glitches may occur periodically.