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PointsBet Sportsbook

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PointsBet Sportsbook

Since it first launched in the US in January 2019, PointsBet has quickly emerged as a leader among online sportsbooks. It now has a presence in seven US states, and is constantly exploring new markets.

Since it first launched in the US in January 2019, PointsBet has quickly emerged as a leader among online sportsbooks. It now has a presence in seven US states, and is constantly exploring new markets, as well as a key partnership with NBC Universal as its official online sports betting partner for NBC Sports. The PointsBet sportsbook has become one of the primary platforms in the US not only for its partnerships, but because of the user experience it delivers.

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PointsBet’s Platform

PointsBet is available through both desktop and mobile devices, with the app designed for both Android and iOS. Desktop sports betting is an option; however, PointsBet bills itself as “the quickest and most user-friendly app.” In addition, the platforms signature solution, PointsBetting, offers an array of betting options that go far beyond the standard moneyline and spread bets.

Registering to use PointsBet is easy, and the registration area can be found in the upper right-hand corner of the desktop platform. After selecting the appropriate state, the user enters the standard details (name, email address, address and phone number) and creates a password. The last four digits of the social security number are required, as well.

After completing this two-step process, PointsBet confirms the location via geolocation software. This determines the origin of your IP address and, if the user is not in a location where PointsBet is allowed, he or she will be prohibited from wagering real money. Also note that those with a PointsBet Casino account can use it for the online sportsbook.


Payment Methods

Deposit Methods

Deposit options depend on the state’s policies. Typically, players can deposit funds using Visa/MasterCard, PayPal or Online Banking. In some states, except Michigan, there is also PayNearMe, an in-person cash transaction done at a retailer such as 7-Eleven, CVS or Family Dollar. In Iowa, credit cards are not allowed – only debit cards. For New Jersey gamblers, there is the PointsBet Play+ Card, a reloadable card issued by the sportsbook and iGaming platform that is similar to a debit card in that it allows the cardholder to withdraw funds from ATMs.

For Online Banking, PayPal, and PayNearMe, the minimum deposit is $5; however, ACH (bank transfers) and debit and credit cards require a $10 minimum deposit. Most don’t have an upper limit, but PayNearMe caps deposits at $500 maximum and the Play+ Card carries a limit of $5,000.

Withdrawal Methods

PointsBet four withdrawal methods, three of which are available everywhere – PayPal, ACH and Online Banking. To use PayPal as a withdrawal method, the user must have used it as a deposit option previously. The primary difference between ACH and Online Banking is that Online Banking requires a direct login to your bank, while ACH requires your driver’s license information and the routing and account number.


PointsBet Offers & Promotions

PointsBet players can experience the platform in different ways. New players are eligible to receive two risk-free bets up to $2,000, of which $1,500 is tied to the first-ever PointsBetting bet. In addition, there are several other promotional offerings and most of the additional promotions are catered to specific sports. For example, there is the MLB Booster or the Wimbledon Next Game Winner Risk-Free offer. Players can also get $10 in free bets by publishing their bets on social media platforms and tagging @PointsBetUSA. Referring friends will also lead to additional promotions.

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The PointsBet Mobile App

The PointsBet mobile app is responsive and intuitive, and is also very easy to use. For iOS users the PointsBet mobile app can be downloaded directly from the App Store. For Android users, the app needs to be downloaded from the PointsBet website using the mobile device.

Once the app loads, there are several different options, including Menu, Sports, Live, Quick Parlay, and My Bets. The menu option opens a collapsible menu to the left-hand side that can be used to search for the sports (NFL, NHL, NBA, etc.), request a bet, look at the booster odds and more. The Live tab shows what games are currently in progress that are accepting bets. Quick Parlay allows bettors to look at what contests are available for the site’s own parlay options. My Bets displays the bet slip, pending bets and settled bets.

For most games, once selected, there are additional menus for other sports wagering options. Once the bet is chosen, it will automatically be added to the bet slip. After that, inputting the amount of money to be bet shows the potential payout.

Another option offered by PointsBet is the PointsBetting sports betting category. This area provides lots of chances to win, but also has more risk involved. To explain how it works, assume an NBA game between the New Orleans Pelicans and the Chicago Bulls. The bettor puts $10 on the game total going over 200 points; however, this $10 is counted toward each point that will go over or under. In other words, if the final score is 225 points, the gambler wins $10 x 25 for $250. However, if the final total is 175 points, the bettor loses $250.


PointsBet Loyalty Programs

There are two potential VIP clubs at PointsBet, the Platinum and Diamond Clubs. Both are only accessible by invite, but offer a ton of perks.

Platinum Club – Bettors receive additional risk-free bets, 5% deposit top-up, premium service, red carpet referrals, personalized promos and birthday bonuses. Most bettors start in this club and work their way to the Diamond Club.

Diamond Club – Bettors receive all of the perks of the Platinum Club but, instead of a 5% deposit top-up, it’s 10%. They also receive a 24/7 account manager, access to tickets and events, expedited withdrawals of $10,000 or more within 30 minutes of initiating the transaction and invite-only competitions.

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Available PointsBet Sports To Bet On

There are almost 20 different sports to choose from, but it’s important to understand the different types of bets offered on the platform. These are the same as those found in virtually all sportsbooks, in-person or online. One of the most common methods of sports betting is the spread (also referred to as the run line in MLB), a number of points that a team “gains” or “loses” by. For example, if the Carolina Panthers of the NFL are listed with a spread of -7 points, this means they have to win by at least 8 points. If, at the end of the game, the Panthers win, but the score is 27-24, the bettor loses the bet because the 27 real-life points become 20. This number of points is created in an attempt to make what oddsmakers think is needed for the game to be fair.

Live Betting

At PointsBet, it’s possible to wager on a game while it’s in progress by using the live betting, or in-play betting, feature. The odds probably won’t be the same as they were before the game began, but it still makes a good option for those who weren’t able to access the game before it started. The odds reflect the game’s current situation – if the Panthers have the ball and the score is still 0-0, their odds are going to be a bit worse than they were originally. However, if they are about to give up a field goal, for example, bettors can get better odds than what were available before the kickoff.

Booster Odds

Booster odds are an opportunity for gamblers to wager on unique events for artificially inflated odds. At PointsBet, bettors can examine the daily offerings. For example, the original odds may have been at -115, but PointsBet oddsmakers, for one reason or another, boost them to +105. This allows the bet to see more action, but also gives the bettor a lot more winnings if the bet hits.


PointsBet User Experience

The user experience is identical with PointsBet, whether using the desktop or mobile app. Everything is responsive and very user-friendly, and switching between tabs and pages doesn’t mean having to wait for slow load times. Everything is displayed to facilitate easy navigation, a plus for bettors.

PointsBet is currently offered in Colorado, Illinois, Indiana, Iowa, Michigan, New Jersey and West Virginia – Arizona is about to be added in September or October. A mobile sportsbook is offered in all of the states, and all but Michigan and West Virginia have a retail sportsbook, as well.

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Summary

Pros

  • Plenty of betting options
  • Unique wagers and spreads
  • Licensed in multiple states

Cons

  • Points betting can result in large losses
  • No round-robin parlays or teasers
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