Start spreading the news… there is now a 6th sports betting operator in New York as PointsBet Sportsbook has gone live in the Empire State.
New Yorkers have been able to bet on sports online since January 8, when Caesars, DraftKings, FanDuel and BetRivers began operating, followed by BetMGM’s launch on January 17.
Now PointsBet has joined the party, with Group CEO Sam Swanell saying: “This marks a momentous day for PointsBet in officially launching within the state of New York, poised to be one of the largest markets in the United States.”
PointsBet offers a wide range of markets on all sports, and also gives bettors the chance to play their unique PointsBetting product, where you win or lose more depending on how right or wrong your pick is.
PointsBet New York Bonuses and Promos
To celebrate their arrival in New York, PointsBet is offering an attractive signup promotion where new users get up to $2,000 in risk-free bets. You can receive up to $1,500 back if you lose your first “PointsBetting” wager and up to $500 back if you lose your first standard fixed-odds bet.
How PointsBetting works
For example, on Sunday’s AFC Championship Game between the Bengals and Chiefs, let’s say the Total line for PointsBetting is 54-56. If you picked over 56 and the game produces a higher total, you would win your unit stake multiplied by each point the game goes over by. For example, if the Chiefs win 37-27, the total is 64 points and you would win 8 times your unit stake (64-56=8). However, if the game ended 23-16, the total would be 39 and you would lose 17 times your stake (56-39=17).
Some markets are far more volatile than others, for example, Joe Burrow passing yards (which is 283-293 at time of writing), whereas total touchdowns (6-6.6) is generally less risky.
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Pickswise is a one-stop shop ready to help guide you to become a better bettor. We are NOT a sportsbook, so don’t actually take bets. We are a content company built to provide top-quality insights, analysis and picks every day. And most importantly, our predictions and advice are always 100% FREE! Our team of more than 200 expert handicappers provides full game previews for EVERY game of EVERY major sport, with free picks for the side and total of each matchup. For example, check out our NFL picks page for predictions and analysis on every single NFL game.
Our content doesn’t stop with straight picks. In our Analysis section, you’ll find everything from mega parlays, to player props and same game parlays. We also have a daily betting show Let’s Bet It, featuring host Lauren Jbara and betting analyst Jared Smith, plus a rotating cast of expert guests to get you primed for each day of wagering. The show is streamed every day at 10am ET on our Youtube channel.
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