PointsBet Sportsbook is one of the youngest but most exciting sports betting platforms to hit the U.S. market. With unique betting odds and excellent customer service, it’s easy to see why.
- Exclusive betting odds
- High-paying bonuses
- Superb customer service
- Limited banking options
- Limited availability in the U.S.
- Gambling is restricted to sports betting
PointsBet Sportsbook, formed in Australia in 2017, is one of the newest brands to make major headway in the sports betting industry. Our PointsBet Sportsbook review details why.
PointsBet is currently only available in Iowa and New Jersey.
New Jersey is the most competitive online sports betting market in the U.S. but PointsBet has been able to assert itself as a sizable competitor by offer odds and betting opportunities that no other online sportsbook does.
PointsBet is looking to carry that momentum forward into other states in the near future. The online sportsbook currently has deals in place in New York and Colorado.
Once those states launch online sports wagering, look for PointsBet to be in the fold.
For now, you may get familiar with what this young company is offering to sports bettors and what to look forward to when PointsBet lands in your state.
PointsBet Bonuses and Promos
Bonuses at PointsBet Sportsbook come in droves. The first promo that newcomers to PointsBet should be aware of is their $1,000 sign-up bonus.
Essentially, PointsBet will refund you up to $500 if your first fixed odds bet loses and up to $500 if your first PointsBetting bet loses. This means you can try PointsBet risk-free.
PointsBet also has bonuses for specific sports such as basketball or football.
For example, if you stake at least $50 on a pre-game or moneyline bet for an NFL game and the team you bet on scores the first touchdown of the game, your bet will be paid out early. If your team goes on to win the game, you’ll also be paid for your original bet.
Similar promotions can be found for sports like NHL Hockey and English Premier League Soccer.
PointsBet Bonuses may change or be added throughout the year so be sure to check the promos page on their site.
How To Register For PointsBet
The ways in which you register to use PointsBet depends on which state you’re using it in.
New Jersey: You can sign-up to use PointsBet online as long as you are located somewhere within state lines. You will need to provide personal information as well as proof of Identification in order to ensure you’re 21 years old or older.
Iowa: You may download the PointsBet app or visit the site no matter where you are in Iowa. However, in order to sign up, you must do so in-person at the Catfish Bend Casino in Burlington, Iowa.
After you sign-up you can use the app or site from anywhere in the state. In-person registration is required for all online sportsbooks due to Iowa’s sports betting laws. This provision will remain in place until January 1, 2021. After that remote registration will be available.
Deposit Options For PointsBet Sportsbook
While PointsBet has an extraordinary amount of betting lines, the deposit and withdrawal options at PointsBet are a bit limited. Deposit options are as follows:
- BankWire Transfer
- PointsBet Mastercard
- Debit/Credit Card (Visa and MasterCard only)
- EML Cards
- In-person at a partnered casino (Catfish Bend in Iowa, Meadowlands Racetrack in New Jersey)
The PointsBet MasterCard can be ordered from the PointsBet Sportsbook website. It connects to your bank account and allows for deposits to be made instantly.
You can manually set deposit limits based on the amount you can load into your account for a certain duration. This could mean limiting your deposit amount to $500 a week.
PointsBet Sportsbook requires a minimum deposit of $5 dollars and accepts a maximum deposit of $50,000 no matter which method you choose.
Making Withdrawals From PointsBet
Withdrawal methods for PointsBet Sportsbook are even more limited. As of now, your only option is through a bank wire transfer or through the PointsBet Mastercard.
The bank account you use needs to be in your own name and must not be a joint bank account.
PointsBet Sportsbook does not charge extra fees when accepting deposits or transferring funds to your bank account.
You can expect your withdrawal to be processed with 24 hours to five business days depending on how much funds you are trying to receive and when you make the request.
If you receive your funds through the PointsBet Mastercard, you can then use the card to make purchases wherever Mastercard is accepted and you can also obtain cash from ATMs that accept Mastercard.
PointsBet Mobile App
The PointsBet Sportsbook mobile app is extremely easy to use and very intuitive. Navigating to the betting odds you desire is a fluid process and you’re able to find the same odds on the app as you would the site.
The PointsBet mobile app is available for both iPhone and Android devices.
You can download the app from either the Apple App Store or the Google Play Store for free. You can also download the PointsBet Mobile app directly from the site on your mobile web browser.
PointsBet Bet Types
The bet types at PointsBet Sportsbook are some of the most expansive in the industry and this is especially true when it comes to prop bets for football and basketball.
Along with the standard moneyline, spread, and totals bets, you’ll also find plenty of futures bets, team props, and player props. Live-betting is also available for the more popular games on the slate that day.
You’ll even be able to find odds for aspects such as a quarterback’s completion percentage in a game, a basketball player’s three-point percentage, or even for the exact time a point will be scored in a football match.
You can parlay up to 12 teams at a time, But teasers are no currently available.
PointsBook Sportsbook makes up for this by offering exclusive lines, boosted odds for certain wagers every day, and Points Betting which we’ll explain in the following section.
How Does PointsBetting at PointsBet Work?
PointsBetting at PointsBet Sportsbook is a one-of-a-kind bet type in which you are rewarded heavily for how right you are and penalized equally as much for how wrong you are.
For example, let’s say you bet $10 the over on a football game that has an over/under of 42 points and the final combined total reached 52. You would multiply your wager by the number of points that the over hit by.
This means you would have a payout of $100 because the over hit by 10 points.
However, let’s say you bet the over and the final combined points total was only 32. That mean’s you’d end up losing $100 dollars instead of just your original $10.
It’s a high-risk high reward betting option. Thankfully PointsBet Sportsbook lets you try out PointsBetting risk-free by refunding you up to $500 on your first PointsBetting wager.
You can also manually set limits on the amount you can win and/or lose so that way you can better manage your bankroll.
Sports Offered At PointsBet
There are plenty of sports to bet on with PointsBet Sportsbook. You’ll be able to find odds for every major American sport as well as some more niche sports and events. The complete list is as follows:
- Motor Sports
- Aussie Rules
- Rugby Union
In 2019, PointsBet was able to offer odds for the Acadamy Awards. This was due to the New Jersey Division of Gaming Enforcement giving them permission. It is still unclear whether or not they will allow sportsbooks to do the same in 2020.
If for some reason you don’t see betting odds for an event that you think should have odds, you can contact PointsBet ahead of time and they may add it to their site.
How To Reach PointsBet Customer Service
If you have questions regarding how certain bet types work, you can always click on the Revis Betting Acadamy tab on the PointsBet Website.
The Acadamy, which is showcased by former New York Jets pro-bowl cornerback Darrelle Revis, is essentially a series of blogs and articles explaining how certain betting odds work.
If you have additional questions on how the site works or specific PointsBet policies then their help section and terms and conditions section should answer your concerns.
If you still need help you can always message a representative 24/7 directly from the site. You can also email customer service at [email protected].
If you’d like to speak to someone directly and you’re calling from New Jersey you can dial 1-833-338-PBET from 8 a.m. to midnight every day of the week.
State Restrictions For PointsBet
As mentioned before the only states that PointsBet operates in are Iowa and New Jersey. Aside from the registration process, both states have specific betting restrictions which those interested in using PointsBet should know.
New Jersey: Sportsbooks in the state of New Jersey are not allowed to offer odds for college sports teams that are based in the state. This means you can’t bet on Rutgers. You also can’t bet on collegiate sporting events that take place in N.J. Bettors must be 21 years old or older.
Iowa: In-game prop bets on collegiate athletes that are based in Iowa is not permitted for any sportsbook. This is the case even if those athletes are playing in a game located outside of Iowa. Those hoping to bet on sports must be 21 years old or older.
As noted, PointsBet Sportsbook has deals in place so that they will be ready to launch an online sports betting app and site in Colorado and New York when given regulatory approval.
Colorado does not have any restrictions when it comes to collegiate sports betting while New York has the same rules as New Jersey when it comes to this issue.
PointsBet Sportsbook Review Summary
After conducting our review of PointsBet Sportsbook the grade we’d assign to this bookmaker is A-.
The only factors that are holding PointsBet from being an A+ sportsbook are the facts that teasers are not available, there aren’t as many banking options as it’s competitors and the fact that it is only available in two states.
Otherwise, everything else proves that PointsBet Sportsbook is one of the best platforms for betting on sports out there.
There are fantastic bonuses and promotions, plenty of traditional and exclusive betting odds, excellent customer service, and a fast/reliable site and app.
There may not be a casino, sports betting pools, or other gambling features on the site but the site hit’s on every aspect of a sportsbook very well. The PointsBet Sportsbook brand is still growing so there is a chance our review will change in the future.