PointsBet Promo Code and Sportsbook Review

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PointsBet Sportsbook welcome bonus & PointsBet Sportsbook promo code


Rating: 4.5 out of 5.

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Disclaimer: PointsBet Sportsbook is no longer operational. It was purchased by Fanatics and is now Fanatics Sportsbook. For more information, check out our Fanatics Sportsbook review.

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PointsBet Sportsbook recently entered into an agreement with Fanatics. All existing PointsBet Sportsbook in the US will be rebranded to Fanatics Sportsbook in the coming months. There is no welcome bonus at PointsBet Sportsbook currently.

PointsBet got its start in Australia, but it is now firmly established in the US. The sportsbook is available under license from state regulators in Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia and West Virginia.

PointsBet was set to expand into Massachusetts in March 2023, but shortly before Launch Day, PointsBet pulled the plug. The decision was made so that PointsBet Sportsbook could focus its efforts exclusively on states it already was live in.

In addition to more traditional wagers, its main selling point is a unique form of a high-risk, high-reward feature that it calls “PointsBetting.”

Is there a PointsBet app?

Yes, PointsBet has an app for iOS and Android. To get the app, go to the PointsBet site, and at the bottom of the page you’ll see Apple and Android links to download and then install the app on your iPhone, iPad or Android device.

Using the app

The PointsBet app does a lot of things really well, but topping the list has to be how fast it is. It doesn’t matter what you click on or what you do, the response time is nearly instantaneous.

This is never more important than when it comes to live betting. With this betting format, you’ll see dramatic shifts in lines if there’s a game-changing play, and the last thing you want is to miss out on some odds because the app you’re using wasn’t able to place your bet in time.

Speaking of in game betting, you can see all the live games that you can wager on at PointsBet by clicking “menu” in the lower left corner and then selecting “in play.”

Also under the menu tab you will find links to take you back the homepage, to create a quick parlay, to access the PointsBet help desk and to go to the promotions page.

Be sure to check the promo page each time you log in to your account because PointsBet offers multiple bonuses. It’s nice how the promotions page is structured because you can view all the offers at once or you can separate them by sport or by the type of bonus. And one of the best parts about PointsBet is you don’t need to opt in to promos; just take advantage of odds boosts or bet the required amount, and you’re set.

How to bet on the PointsBet app

Making bets on the PointsBet app is a cinch. All you need to do is click on your bet of choice and a window will pop up. Now you can add a wager amount and place your bet, or click “add to bet slip” to create some type of multi-bet.

Just make sure when creating parlays of three legs or more to check the booster box to increase your potential winnings. At PointsBet you get one regular parlay and one single-game parlay booster each day.

Your PointsBet account

When it comes to checking your account, just click on the drop-down menu at the top right, where it shows your email address. From there, you can see how much money is in your account, including bet credits and rewards points. You also are able to make deposits and withdrawals, check your account history, see your parlay boosters and log out.

PointsBet Sportsbook is continuing to launch in more states around the US. It’s currently available for download in Maryland, New York, Pennsylvania, Ohio, New Jersey, Kansas, Iowa, Indiana, Louisiana, Colorado, Michigan, Virginia, West Virginia and Illinois. A Canadian launch happened in April 2022, starting with Ontario. Despite looks to expand into both Arizona and Massachusetts, PointsBet does not appear to be expanding in the upcoming few months.

StatePartnerLaunch DateSpecial Considerations
ArizonaYavapai-Apache NationSeptember 2021No prop betting on college sports.
ColoradoDouble Eagle CasinoNovember 2022No prop betting on college sports.
IllinoisHawthorne Race CourseSeptember 2020No wagering on in-state college teams or events.
IndianaPenn NationalMarch 2020No prop betting on college athletes.
IowaCatfish Bend CasinoNovember 2019No deposits or withdrawals via credit card. No prop betting on college athletes.
KansasKansas Crossing CasinoSeptember 2022No betting on high school sports
LouisianaOnline onlyJanuary 2022Can’t place wagers in the following parishes: Caldwell, Franklin, West Carroll, Catahoula, Jackson, LaSalle, Sabine, Union and Winn
MarylandRiverboat on the PotomacNovember 2022No wagers allowed on high school sports
MichiganNorthern Waters CasinoJanuary 2021No prop betting on college athletes.
New JerseyMeadowlands RacetrackJanuary 2019No prop betting on college sports and no wagering on in-state college teams or events.
New YorkOnline onlyJanuary 2022No betting on in-state college teams or on high school sports.
OhioHollywood Casino at Mahoning ValleyJanuary 1, 2023No betting on high school sports.
PennsylvaniaOnline onlyFebruary 2022No betting on high school sports.
TennesseeTBDNo launch date scheduledNo deposits or withdrawals via credit card. No prop betting on college athletes.
VirginiaColonial Downs GroupDecember 2021No prop betting on college sports and no wagering on in-state college teams.
West VirginiaHollywood CasinoAugust 2021No betting on high school sports.
WyomingTBDNo launch date scheduledNo betting on high school sports.

Bettors living in Iowa, Illinois and Michigan will be able to conduct banking transactions at the retail PointsBet casino cage in their state.

New Jersey, Illinois, and Virginia residents aren’t permitted to place bets involving in-state colleges and universities. Some restrictions are also in place on college wagers in New York, Virginia, Iowa and Tennessee.

More sportsbook reviews and bonus offer: DraftKings Promo CodeBetMGM Bonus CodeFanDuel Promo CodeBetRivers Bonus CodeCaesars Promo Code

Which sports betting markets does the sportsbook offer?

The site offers an extensive range of betting markets for professional sports, both pregame and in-play.

In fact, the site claims to offer more markets on NBA and NFL games than any other bookmaker on the planet. Examples of such markets include:

The site currently lists 17 sports on which it is offering markets. These markets include all of North America’s most popular sports:

Additional sports include rugby union and league, and Aussie rules football.

Notably, there is a tremendous difference between the number of markets available for professional sports and the number available for college games.

Players looking for action on NBA games will find more than 200 markets available, and players betting on NHL games typically have an excess of 100 options available.

By contrast, the markets available for college basketball games range from five to about 30. The number of markets available for any given game appears to vary based on the strength of the conference, the quality and popularity of the teams involved, and whether the games will be on TV.

Moneylinespread betting and totals markets are standard for sporting events. The most likely fixed odds markets to be available beyond those are first half and second half lines and team totals.

As stated, though, the offerings for most professional sports extend far beyond that.

What is PointsBetting?

PointsBet’s extensive range of prop bets for professional sports is likely to improve its popularity among a small group of players who seek out the less popular bets, but the site’s long-term success will depend heavily on whether players take to its marquee product, PointsBetting.

PointsBetting is a high-risk, high-reward option of sports betting that is new even to most experienced bettors.

With traditional fixed odds wagering, players bet a certain amount with a guarantee of either losing that amount or winning a set amount. The main exception is horse racing, in which odds may change between the time of placing the bet and the start of the race.

PointsBetting is entirely different.

How PointsBetting works

Players engaging in PointsBetting win or lose beyond their initial wager based on the margin of victory or loss of their wager. For example, with traditional wagering, if Miami Heat is favored by 3.5 points, a player wagering $110 on Miami against the spread would win $100, and the most he or she could lose would be $110.  The player wins the same amount whether Miami wins by four or by 40, and loses the same amount whether they win by three or lose by 30.

With PointsBetting wagers, players win or lose more than their wager amount based on how far the result was from the line. In the example above, the player would win several times more if Miami won by 40 than if they won by four, and lose far more if Miami lost by 30 than if they won by three.

The number of PointsBetting markets available varies widely by the event. Different formulas are used depending on the event to determine profit and loss.

For example, because the variation in basketball is more significant than it is in hockey, a three-goal difference from the spread in hockey would result in a much broader variation in payout than a three-point difference from the spread in basketball.

While PointsBetting will surely appeal to those seeking big payouts, players who are new to it are advised to proceed with caution. Such players should begin with a small wager — relative to their regular bet size — until they become familiar with the system. Players may also employ the site’s “stop-loss” feature to limit the amount they can lose – or win – in these types of wagers.

What multi-bet options are available at PointsBet?

The new sportsbook is not the best option for players who like large or varied multi-bet options. Currently, teasers are not available for American football or basketball.

Parlays are available but are capped at 12 teams, which is more than enough for most players but might be too few for those looking for massive payouts. Parlays are currently available only for fixed odds wagers and may not include PointsBetting selections.

What are the requirements to be eligible to play on PointsBet sportsbook?

A player must be 21 years of age or older to open an account and play at PointsBet.com.

He or she must also be physically located in Maryland, New York, New Jersey, Louisiana, Ohio, Iowa, Kansas, MichiganIndiana, Colorado, Virginia, West Virginia or Illinois when placing wagers. The site employs geolocation technology to enforce this rule.

Does PointsBet Sportsbook offer a loyalty program?

Yes. Although some sports betting sites have moved away from traditional loyalty programs, PointsBet.com continues to offer one.

The site has a “rewards” page where players can track their points. The program offers one reward point per $1 fixed odds wager, five rewards points for every $1 wagered on a parlay, and one reward point for every $1 won or lost on PointsBetting.

Players earn points after eligible wagers settle, and don’t on bets that are scratched, voided, or otherwise canceled.

Are there any additional PointsBet promotions?

The site offers an extensive range of promotions that players can see on the “promos” page. These promotions vary by the league, bet type, and even time of day.

For example, at the time of writing, the site offers no-juice spreadlines for the National Collegiate Athletic Association (NCAA) basketball teams ranked within the top eight.

PointsBet also provides early payouts for NBA and NHL moneyline wagers, which means that bets leading at the half or after the first period, respectively, are paid out then.

Among the other attractive options are lunchtime booster odds, which are available from noon to 3 pm, Monday through Friday.

For players looking for unique wagers, the “name a bet” option gives players the opportunity to request a wager not listed on the site by tweeting it to @PointsBetUSA and using the hashtag #nameabet. To utilize this promotion, the player must tweet it at least two hours before the start of the event.

How can players deposit and withdraw from PointsBet accounts?

The new sportsbook offers fewer deposit options than most of its competitors.

Most players will likely find Visa and Mastercard are the most comfortable deposit options. Banks may have restrictions on cards, so players having trouble depositing through these methods should contact their financial institutions before contacting PointsBet support.

The site also offers an ACH/e-check deposit option, as well as an exclusive deal with EML that enables players to fund their accounts using EML cards.

The site complies with all relevant state and federal laws, which means it has restrictions on deposits and withdrawals. Players must satisfy verification requirements on their credit card or payment before making a withdrawal.

Players who have outstanding points bet wagers (i.e., wagers with the site’s unique high-risk, high-reward profile) may have part or all of their account funds withheld until the settling of the bet. Those who are new to this type of wagering may find this vexing at first, but it is done to limit the likelihood of a player’s balance going into the negative.

Cash at Cage Options for PointsBet Sportsbook

Depositing or withdrawing to your online account via cash at the cashier at land-based partners is an excellent option for people who are located near one of the casinos. We do recommend checking with PointsBet or the casino in question that cash at cage is offered there before making a special trip just for that purpose. Here are some spots you may find cash at cage:

PointsBet Racebook

PointsBet recently acquired a horse betting platform with over ten years of industry experience. Premier Turf Club, LLC, which manages the website BetPTC.com, will be rebranded to PointsBet Racebook and will continue to operate in all 18 states where it currently is available.

PointsBet Racebook will likely continue with a similar welcome package for new players that includes a sign-up promotion of $200. Newly registered players will have to wager at least $750 to claim the $200 bonus.

You also can benefit from additional promotional offers at PointsBet Racebook, namely a 4% cashback on your exotic wagers. We’ll keep up with further developments and update this section with additional information once PointsBet Racebook goes live.

What types of customer support does PointsBet offer?

PointsBet.com makes it easy for inexperienced players to learn about the basics of sports betting through “the Revis Betting Academy,” a series of brief blog posts explaining the various types of bets available.

Live chat and email support are available 24/7, while phone support is available from 8 am to midnight every day. Customers can find the email and chat options at the bottom of every page on the PointsBet site.

The “help” section has a list of frequently asked questions (FAQ), which should be the go-to if there is something a customer does not understand.