A comprehensive review of the unique online sportsbook that is PointsBet. PointsBet offers regular fixed betting odds, but also has a type of spread betting, PointsBetting, where your payouts vary based on how right you are.
We take a look at both the fixed odds and PointsBetting parts of the sportsbook, a players Deposit and withdrawal options, PointsBet’s mobile app, the states they legally operate in, the sports available, the customer support they offer and all of the latest PointsBet’s bonus codes to get your PointsBet wagering off to the best possible start.
Sign-up offer - PointsBet Promo Code
New PointsBet players in New Jersey, Indiana, Colorado, Michigan, Illinois, and Iowa can get a Deposit Bonus up to $250 when they register through our links. Simply click through our PointsBet promo code links and register and you will receive a Deposit Bonus up to $250. Deposit $50 to receive $100 in bonus funds, $100 to receive $150 in bonus funds, and $250 to receive $250 in bonus funds. Must be 21, wager responsibly. Gambling problem? Call 1-800 GAMBLER.
What is PointsBet
Originally founded in Australia, PointsBet Launched in the United States in January 2019, and with its unique PointsBetting markets, is becoming one of the fastest growing online sportsbooks in the country.
Points bet specialize in NFL, NBA, and MLB, regularly offering more markets on each game than any of their rival sportsbooks. They don’t just offer odds on these sports with a wealth of sporting action available to bet on from around the world.
Their Unique sales point, however, is their PointsBetting, a type of spread betting not seen elsewhere. It’s a high-risk high-reward form of wagering, where the further beyond the set line it ends, the more you win, and the further below the set line, the more you can lose.
PointsBetting - Spread Betting explained
Points Betting is a new, exciting way to bet where your winnings or losses from a bet are not determined until the very end of a game. The more right you are, the more you win, the more wrong you are, the more you lose.
How does that work then? Well instead of betting on fixed odds for a certain outcome, with PointsBetting you’re betting against a set line or total, risking a stake per unit rather than one preset stake.
If in an NFL game the line has been set at 260 passing yards, if you buy at 260, you will earn winnings for every yard over 260 but will lose your stake for every yard under 260
If you wager $10 on over 260 passing yards and the player throws for 295 yards (35 point win), you’ll earn 35x your stake for a $350 profit. Conversely if in that same game, your player only throws for 345 yards (15 point loss) you’ll lose 15x your stake so in this instance $150.
It’s a higher risk higher reward type of bet, but in the age of Fantasy Sports driven by player statistical bets, it’s an exciting way to wager, with every play until the end of the game.
All markets have a max win and max loss, which is displayed in the bet slip at the time of bet placement so you will always know what your maximum potential winnings will be, as well as what your losses could equate to if your bet goes against you. When you place your wager PointsBet will withhold a certain amount of your balance in case of losses.
PointsBet was founded in Australia and moved into the US online sports betting market initially in New Jersey but have since expanded, and plan to continue growing into more states. The states that PointsBet is currently licensed in are as follows.
How to sign up to PointsBet
Registering with PointsBet is a quick and easy process, taking just a few minutes to get your account up and running. Be sure to sign up using our PointsBet promo code to get your wagering off to the best possible start. The three sections you’ll need to complete, and what they entail, are listed below.
How to place a wager at PointsBet
Placing a wager at PointsBet is simple. With a well designed and organized website and app, finding events is easy. Just follow the steps below to start wagering.
PointsBet Mobile App
The app pretty much mirrors the desktop site, so if you’re familiar with that you’ll have no issues switching to the PointsBet mobile app. With a clean design and an uncrowded look, the PointsBet mobile app is super easy to use.
The navigation bar in the top left allows you to look through all of the featured events and also lists all of the sports on offer.
Like the desktop, through the PointsBet app, you can access all of the latest fixed odds and points betting markets, with full streaming and deposit/withdrawal functionalities.
The app does not take up a great deal of storage, unlike some sportsbook apps, and makes for a quick and easy way to conduct all of your mobile sports wagering.
iOS users in New Jersey and Indiana can download the PointsBet app by heading to the PointsBet site on safari, where it will prompt a download link. Or simply head to the App Store and search for PointsBet
Google Play does not allow real money wagering apps, so Android players in New Jersey and Indiana must download the PointsBet mobile app directly from their site.
Simply head to PointsBet through your browser and once logged in you’ll see the Download App button on the main menu.
You’ll be asked if you want to keep PointsBet APK, click ok and it will start the download.
Once downloaded, slide down the top notifications menu and click install which will complete the installation process
Deposit & Withdrawal Options
PointsBet offers multiple ways of depositing into your account, with options to suit all types of players, and player convenience to the fore. The following deposit methods are currently accepted by PointsBet.
There are two means of withdrawing your winnings from PointsBet, as listed below.
Sports on offer at PointsBet
PointsBet offers odds on 17 sports with all of the top action from the US and around the world covered. The following 17 sports are being covered by PointsBet, all of which will have fixed odds, with selected sports and events also offering PointsBetting, a type of spread betting.
The betting markets at PointsBet are very much their unique sales point and an area in which they excel.
PointsBet is a traditional sportsbook offering fixed odds betting on 16 sports, with all of the markets you would come to expect from an online sportsbook including those listed below.
Where PointsBet differs and stands out from the crowd, however, is with their offerings beyond the norm, beyond tradition. Their flagship PointsBetting is a type of spread betting not seen to be widely available in the US sports betting industry, offering an exciting high-risk high reward way to wager on a game.
While on a fixed-odds bet you know your win-loss situation when you place the bet, with Points Betting you don’t, the more right you are, the more you win, and therefore, the more wrong, the more you can lose. It offers bettors a chance to tap into their expertise even more than you can with fixed odds.
Along with the PointsBetting, PointsBet specializes in NBA betting offering up to 500 bet types per game including over 100 of which are not offered anywhere else. These markets include the likes of Time of first free throws to be made by players and teams, time of first 3PT FG by teams and players, time of first 2PT FG for teams, and players among many others.
The sheer number and types of markets available to bettors at PointsBet is definitely a strength of theirs, this allows bettors and experts to look beyond the obvious when analyzing a matchup, and you can fully capitalize on that knowledge beyond the realms of fixed-odds with their PointsBetting spread bets.
Understanding betting odds is key to long term success with wagering and while possibly daunting at first, understanding betting odds is very simple. PointsBet’s default odds style is American, but you can switch these to suit your preference at the bottom of the navigation panel on the left, below all of the sports, whereby fractional and decimal odds are available.
PointsBet is also well-known for their Booster Odds and Crowd Booster Odds, whereby they offer boosted odds on popular selections with the former, the Crowd Booster Odds unique in that they continue to boost the odds as more people wager on the selection.
American Odds Explained
American style odds can be easily recognized by having either a + or – before the figure, for example, +500 or -240.
A + sign followed by a number shows the amount you would win for a $100 stake so a $100 bet at odds of +500 wins you $500.
A – sign shows how much you’d need to stake in order to win $100, so at -240, you’d need to stake $240 to win $100.
Fractional odds explained
Fractional odds are simple to calculate as the first number is the amount you can expect to win and the second number the amount you’ll need to stake.
If you wanted to place a bet at odds of 9/2 then a $20 wager would see you win $90 in profit so $110 in total.
Decimal odds explained
Likewise, Decimal odds are very simple to calculate, you multiply your stake by the odds to determine your total payout.
A $100 wager at odds of 4.2 can be calculated by multiplying 4.2 x 100 which is $420, for a profit of $320
PointsBetting is a type of wagering with a difference, you are betting on spreads rather than fixed odds, risking a stake per unit rather than one preset stake on preset odds.
For example, if you’re wagering on total points in a game with the line set at 220, you’ll earn 1 unit per point over that total, and lose one unit per point under it.
If you wager $5 per unit and the total hits 245 (+25 from the line) you will win 25x your stake, in this case, $125
By the same rule, if the total comes in as 200 (-20 from the line) you will lose 20x your stake, in this case, $100.
Live in-game betting
In-play betting is an exciting way to have a wager on an event after it has started. It allows you to bet on a number of different markets including Moneyline, Points Totals, Spreads, and Props on all of the top action.
To discover what is currently offering in-play odds, you can either toggle between featured events or in-play events on the PointsBet homepage on both the web and PointsBet mobile app or simply click In-play on the navigation menu on the left-hand side of the page.
As the odds reflect the action, you will notice they’ll change in line with the on-field action, and you may experience a slight delay before bet confirmation, as the odds are locked in.
How to bet a Parlay at PointsBet
Betting a parlay is a great way to have a wager on multiple games and markets. By combining multiple picks into one bet, they all have to win for the bet to cash, but your returns will be considerably higher than on a single bet. You can only bet parlays on PointsBet’s fixed odds markets and not their PointsBetting spread markets. Follow the step below to find out how to wager at parley bet at PointsBet.
PointsBet players can reach the Customer Service Team via email and Live Chat 24/7. You can find the email and Live Chat links by scrolling to the bottom of any page.