PointsBet Promo Code & Review

Our Rating: 4.4
User Rating
Quick Take:

PointsBet Online Sportsbook is bringing top of the line promotions and fun marketing campaigns to bring power to the players. Offering several different bonus offers depending on the players interests, their best bonus offers two risk free bets up to $1500. Their parlay boosters are nothing to sneeze at either. This sportsbook is legit.

Visit PointsBet Sportsbook

  • “Points Betting” system gives players an extremely high risk, high reward option that no other app offers
  • Effective and efficient user experience on the app
  • Multiple attractive bonus offers
  • Top-tier rewards program for fans to accrue points while they bet

PointsBet Promo Code 2020

PointsBet Sportsbook pushes the idea of a money-back promotion into uncharted territory, offering new players two risk-free bets for up to $1,500. Use the BIGBONUS promo code unlocks this offer.

The first part of this promotion offers a risk-free fixed-odds bet up to $500. This offer functions as insurance of sorts for your first bet made on the PointsBet platform.

For example, if you make your first deposit at PointsBet and make a $500 bet on an eligible fixed-odds market, that wager is eligible for a full refund if it ends up losing. The refund amount matches the amount of your bet, up to a max of $500. If the bet ends up winning, however, no rebate applies.

The second part of this promotion offers up to a $1,000 risk-free bet on your first PointsBetting wager. This pair of risk-free bets can award a possible $1,500 in rebates if your first fixed-odds bet and your first PointsBetting wager both end up losing.

For both risk-free bets in this offer, refunds are awarded as bonus betting credits. The terms and conditions at PointsBet dictate that all bonus betting credits must be used with seven days of receipt, or they become void.

The Stop Loss feature can’t be used for a PointsBetting wager to be eligible for the risk-free bet offer.

Terms and conditions apply.

PointsBet Sportsbook Promo CodeClick here and use bonus code BIGBONUS
2 Risk Free BetsUp to $1,500 in risk-free bets
($500 risk-free fixed bet, $1,000 risk free PointsBet)
Deposit BonusUp to $250 using this link and promo code BIGDEPOSIT
Minimum Deposit$10
Date Last VerifiedOctober 2020

PointsBet Online Sportsbook: Quick Facts

  • PointsBet’s 2 risk free best up to $1500 is one of the better deposit bonuses when you first sign up. Terms and conditions apply.
  • PointsBet is an Australian company, starting to make inroads into the US online sports betting industry, with strong showings in several US states.  
  • Offers a wide variety of US and international sports including creative futures bets and live, in-game betting.
  • Wide variety of US and international sports on offer. Because PointsBet is an Australian company, the breadth of international sports is strong. 
  • Offers all traditional sports bets as well as creative parlays, totals, and in-game betting. Their proprietary Points Betting system offers increased odds in a high-risk, high-reward type of betting. They also offer daily parlay boosts.
  • The PointsBet Rewards Program offers frequent bettors the opportunity to earn rewards for future betting.
  • Deposit options for PointsBet Online Sportsbook are extensive featuring PayPal, Visa/Mastercard, Amex, ACH/Echeck, Wire Transfer, PayNearMe, and the PointsBet Mastercard.
  • PointsBet is building for a future in US sports betting by signing strong partnership deals. This includes team-specific deals like the one with the Detroit Tigers, as well as league specific partnerships like the one with the NBA
  • In August 2020, PointsBet announced a 5 year partnership with NBC sports, in which is good make in-roads against Fox Sports backed FOX Bet.

Pros

  • Proprietary “Points Betting” system gives players an extremely high risk high reward option
  • Efficient user experience where players can easily navigate between Sports A-Z, futures bets, and live options
  • Strong marketing campaigns to give players constant bonuses and incentives to continue to use the app
  • Extensive rewards program for fans to accrue points while they bet

Cons

  • Young company that is new to the market with no brick and mortar casino locations
  • No in-app casino games available
PointsBetBetRiversBetMGM
PLAY NOWPLAY NOWPLAY NOW
Rating: ⭐⭐⭐⭐Rating: ⭐⭐⭐⭐Rating: ⭐⭐⭐⭐
Deposit Bonus:
Up to $1,500 in risk free bets
Deposit Bonus:
$250 Free Bet
Deposit Bonus:
100% match up to $1,000
or risk free bet up to $500
No Deposit Bonus: No
No Deposit Bonus: No
No Deposit Bonus: No
PayPal Deposits: YesPayPal Deposits: YesPayPal Deposits: Yes
Cash Deposits:
PayNearMe, Online Banking,
PayPal, PointsBet Mastercard, ACH Check,
Credit/Debit Card
Cash Deposits:
Online Banking, PayPal,
Credit/Debit Card
Cash Deposits:
PayNearMe, PayPal Online Banking,
Credit/Debit Card, ACH Check, Skrill
  • Betters who would like to withdraw via PayPal should deposit with PayPal. 

What States Is PointsBet Sportsbook Available In?

 

PointsBet Online Sportsbook is available in New Jersey, Illinois, Indiana, and Iowa.

PointsBet New Jersey Online Sportsbook

PointsBet is headquartered in Australia, where sports betting is extremely popular. This strong industry experience before debuting in the US market, means PointsBet is off to a strong start in the US. The sportsbook app launched in January 2019 in New Jersey, just after the state legalized sports betting.

Thanks to a partnership with the Meadowlands Racetrack, PointsBet was able to bring sports gambling to NJ as its first legal state. There are no current options for bettors to deposit within casinos yet in the state.

Read More

 

NJ Online Sports Betting

PointsBet Illinois Online Sportsbook

Illinois is one of the newest states to legalize online sports betting. Soon after legalization, PointsBet became one of the early entries into the Land of Lincoln.

Launching on September 12, 2020, PointsBet Illinois is partnered with Hawthorne Racecourse. Being close to Chicago, the retail sportsbook at the racecourse provides another opportunity for sports bettors in Illinois.

 

IL Online Sports Betting

PointsBet Indiana Online Sportsbook

The Indiana Gaming Commission granted PointsBet the authorization to operate within state borders on March 5th 2020. This was only the third state to grant PointsBet the right to operate in the state. 

PointsBet Sportsbook partnered with Hollywood Casino Lawrenceberg to receive its license to operate in Indiana.

Read More

 

Indiana Online Sports Betting

PointsBet Iowa Online Sportsbook

PoinsBet Iowa launched in August 2019 in partnership with Catfish Bend Casino as an online and mobile sports betting site. The unique PoinstBetting system is available on the Iowa app.

One unique aspect of online sports betting in Iowa is that new players need to complete registration by visiting the the casino in person. This requirement sunsets at the end of 2020. By the end of 2021, this will no longer be a requirement for new players.

The details to signup for PointsBet Online Sportsbook Iowa are below.

Read More

 

Iowa Online Sports Betting

Full Review Of PointsBet Sportsbook

PointsBet is quickly making a name for itself in the sports gambling industry. With a strong reputation from its Australian operations, they are expanding quickly into the US online sports betting market. This is due, in part, to the number of partnerships PointsBet is forming in the US.

In August 2020, PointsBet announced a 5 year partnership with NBC Sports. In February of 2020, PointsBet also issued a press release stating a partnership between the Australian-based company and the NBA. They also announced a multi-year partnership with the Detroit Tigers. 

With regards to the NBA partnership, PointsBet CEO Johnny Aitken said, As a tech company at heart, the PointsBet team is excited to work with a league as savvy and forward-thinking as the NBA.” The partnership will give PointsBet the ability to develop the Win Probability Metric as well as access to official NBA betting data and league marks across their platform, a huge win for PointsBet. The partnership aspect for sports gambling companies will be very important as legislation continues across all 50 states. 

PointsBet is a younger company but that does not hold them back. They know their role and have said constantly that they are a tech company at heart that features proprietary innovation and top of the line User Experience. Expect PointsBet to target partnerships wherever possible and continue to gain market share with an easy-to-use app that many other companies could take notes from. 

PointsBet’s Best Sign Up Bonus Offers

Using our exclusive links and promo codes, sports bettors have access to three different bonus offers depending on their needs.

Their top bonus offer includes 2 risk free bets up to $1,500, which is included above.

Get Four Risk-Free Bets Up To $1,000

Using the TOPBONUS promo code unlocks a welcome bonus of four risk-free bets up to $1,000. This promotion breaks up a possible $1,000 in losing wager refunds into four $250 risk-free bets.

With the TOPBONUS offer, your first two fixed-odds wagers are both eligible for up to a $250 risk-free bet on each. For instance, after making your first PointsBet deposit, you could put a pair of $250 wagers on two different eligible fixed-odds games.

If both wagers lose, PointsBet refunds your account with $500 in bonus betting credits. If one bet loses and the other wins, you get a $250 rebate on the bet that lost.

This offer also extends another $500 over two more risk-free bets applied to your first two PointsBetting wagers. The total of four $250 risk-free bets all operate independently from each other, and if any of the four loses you get up to $250 back on that bet.

The risk-free offer on the two PointsBetting wagers can’t be used in conjunction with the Stop Loss feature.

Visit: PointsBet Sporstbook And Use Promo Code TOPBONUS

Get A Deposit Tier Match Bonus

New players at PointsBet can unlock a deposit match bonus that awards up to $250 in bonus betting credits. The PointsBet deposit match allocates bonus funds using a tier system based on your initial deposit amount.

A deposit of at least $50 unlocks $100 in bonus betting credits, giving you $150 to bet with on a $50 deposit. A $150 deposit unlocks $150 in bonus bets, and that tier yields a total of $300 in cash and bonus betting credits for your $150 deposit.

The highest tier awards players who deposit at least $250 with $250 in bonus bets, and with this tier a $250 deposit awards $500 total to bet with.

Use the promo code BIGDEPOSIT to unlock the deposit tier match bonus offers. Bonus betting credits must be used within 14 days of receipt, and can only be wagered on fixed-odds markets.

Visit: PointsBet Sportsbook And Use Promo Code BIGDEPOSIT

Points Betting And Promotions At PointsBet

While they may not have the big name recognition of BetMGM and DraftKings, PointsBet has not let that stop them. They have a proprietary sports betting technology known as “Points Betting.” It is extremely high risk and high reward, as any bet can be eligible for a PointsBet. If a bettor wages a $100 Pointsbet on the winner of a game, they will win $100 for every point they win by. Conversely, bettors will also lose $100 for each point they lose by. 

You will also find very generous promotions from PointsBet that keep things fun. When betting favorites for MMA main event fights, you will always want to check PointsBet to see if they are running their “UFC Fight Night Super Booster” promotion. For every 100 bets placed on the favorite, PointsBet will bring the price down .10. The price will continue to fall as the fight is about to start and anyone who places the bet will get the best price possible.

For example, if  UFC fighter Kamaru Usman starts as a -230 favorite and the UFC Super Booster Promotion is in effect, the price will drop to -220 after 100 bets are placed. If 1000 bets are placed on Usman, everyone who bet Usman through the promotion will get Usman at -130. 

Key Features Of PointsBet Sportsbook

Types of bets offered: Spreads, Moneylines, Futures, Totals, In-play Parlays, Prop Bets. 

Does PointsBet Online Sportsbook Have a Rewards Program? Yes! PointsBet offers a very strong rewards program which offers 1 point for every dollar wagered on a fixed odds bet and 5 points for every dollar wagered on a parlay.

What Sports Leagues are Covered?  NFL, NBA, MLB, NHL, NCAA, EP, MMA and many more

Mobile apps: Android and iOS. Web-version available.

Deposit methods: Credit/Debit Cards, PayPal, PointsBet Mastercard, PayNearMe 

Minimum deposit: $10.

Betting limits: $50,000 deposit limit

Other products available from sportsbook account:

  • Full online sportsbook
  • Online casino is in the works

License Information: Owned by PointsBet Holdings Limited (ASX:PBH) and regulated by the New Jersey Division of Gaming Enforcement.

Deposits And Cashouts At PointsBet Sportsbook

How Can I Deposit At PointsBet Sportsbook?

PointsBet Online Sportsbook offers some of the largest variety of deposit options in the industry. The most common options include bank transfer, PayPal, Credit/Debit card, and PayNearMe.

Deposit MethodMinimum DepositHow long for funds to appear in my account?
Online BankingNoneGenerally instant
PointsBet MastercardNoneGenerally instant - Apply hereApply here
VISA, MasterCard, American Express Credit CardNoneGenerally instant
PaypalNoneGenerally instant
ACH (eCheck)NoneUp to 48 hours
PayNearMeNoneCash - Instant

The most commonly used methods are credit/debit cards and PayPal. However PointsBet  does have a partnership with Mastercard. You can apply for this card on the PointsBet website (use link above). The card automatically attaches itself to your PointsBet account. The card can be funded like any credit card by linking to a banking account with a routing number.

PointsBet Sportsbook Declined My Credit/Debit Card. What Do I Do?

If your bank is not giving you clearance to deposit into PointsBet Online Sportsbook you may choose from these options….

  • Apply for the PointsBet Mastercard card
  • Using a different credit card
  • Using eCheck / ACH
  • PayNearMe via 7Eleven

This is a consistent issue that bettors run into as their credit card companies will not recognize the transaction and reject it. This happens when sportsbooks open up initially which is a very common initial issue to run into. Thanks to PointsBet’s strong options for deposit and withdrawal, you can work around this easily with little headache!

How Can I Cash Out From PointsBet Sportsbook?

Withdrawal MethodMinimum CashoutHow long for funds to appear in my account?
Online BankingNoneInstant
PointsBet MastercardNoneInstant
PayPalNoneInstant

PointsBet deposits and withdrawal options are some of the best in the industry. Adding PayPal for instant transactions as well as online banking gives players instant transactions with no fees. For PayPal users, if you deposit via PayPal, you will be limited to withdrawing via PayPal.

How Can You Play At PointsBet Online Sportsbook?

Google PlayAndroid App. PointsBet online sportsbook is available as an Android app. As with all gambling apps in the Android store, you will need to sideload the app.
Apple Store
iOS App. PointsBet’s IOS app is what makes PointsBet special and is available for download from within the App Store for iPhone and iPad.
Browser
Browser. PointsBet online sportsbook can also be played from any major browser, including Chrome, IE, and Firefox.

Common Geolocation Issues With PointsBet Sportsbook

Like all sportsbooks, PointsBet requires you to be within state borders where they are legally operating in order to place a bet within the app. Once you are inside state borders you will be able to place a bet. Thankfully, once an account is created, you are able to deposit and withdraw at will whether you are inside state borders or not. This could be extremely important to some who place a winning bet in their home state, travel elsewhere, and are able to cash out their big win wherever you are!

What You’ll Probably Like About PointsBet Sportsbook

Daily Parlay Super Boosters!

PointsBet offers a strong promotion called the Daily Parlay Super Booster. With a minimum of 3 legs, PointsBet allows you to choose your parlay in any way you want and boost the odds in your favor! Typically, this boost lands anywhere between 8%-12% increase in odds in your favor. Fans who enjoy parlay bets will be sure to give this a try. If your parlay is 4 legs or more and 1 fails you may be eligible for insurance through PointsBets Parlay Insurance clause! Be advised, bettors may only use the parlay boost once per day. 

$500 Risk-Free Fixed Bet + $1000 Risk-Free “PointsBet”

Providing up to $1,500 in free-bets is a fantastic promotion in the industry. Plus offering two other new player sign up bonuses, including a deposit match tier bonus, certainly sets PointsBet apart from other big names in the industry.

PointsBet Rewards Program

PointsBets rewards program is robust and once again rewards parlay betting heavily. Where many sportsbooks have fallen behind, PointsBet is giving bettors 1 point for every dollar wagered and 5 points for 1 dollar wagered on a parlay. They are clearly focused on giving the parlay bettors a home as they are rewarding players for their bets handsomely with Parlay Super Booster, Parlay Insurance, and 5 points for every parlay dollar bet.

Why You Might Choose A Different Online Sportsbook

PointsBet Sportsbooks Is Not Yet Widely Available

You might choose a sportsbook other than PointsBet if it is not available in your state. PointsBet is only available in four states with a fifth to come shortly in Colorado. The operations will undoubtedly increase over the next 5+ years as every state will look to make sports betting legal after the fall of PASPA. 

There Is No Option For In-App Casino Wagers

Many sports betting apps are aggressive by offering in-app casino games. Whether it is live dealers for blackjack, roulette, and even live Texas Holdem tables, PointsBet does not appear to be interested in going this direction. There is some news that they plan to offer casino games in the future.

Until then, online gambling sites like FanDuel and DraftKings who offer both sports betting an online casinos will continue to grab market share by offering a wider variety of options to bettors in one app. 

PointsBet Sportsbook: License Information

Below is a list of states where PointsBet operates an online sportsbook and their license partner in each state.

New JerseyMeadowlands Racetrack
IllinoisHawthorne Race Course
IndianaPenn National Gaming
IowaCatfish Bend Casino

Sports betting regulation works differently in each state. For example, all legal online sports betting in New Jersey is regulated by the New Jersey Division of Gaming Enforcement. It is the state’s gaming division’s responsibility to govern the sportsbooks and their companies. The online gambling apps and sportsbook will be managed by the gaming commissions to ensure fair play for all. 

Is The PointsBet Online Sportsbook Right For You?

PointsBet Online Sportsbook is one of the best online sportsbook apps. If it’s available in your state, their unique two tier sign-up bonuses provide new players up to $1,000 in risk-free bets. 

From a sports betting app perspective, PointsBet has a lot to offer sports bettors, both new and experienced. They have some unique bets available and their proprietary sports betting format, PointsBetting, offers a greater variety of ways to bet. Bettors tend to look at them as a “tech company at heart” because the PointsBet app offers a quality user experience, better than some of its competitors.

Is it legal to bet on sports online at PointsBet?

Yes, you must be within state borders that they are licensed. Currently PointsBet is licensed in New Jersey, Illinois, Iowa, and Indiana. The app should launch in Colorado in later 2020 or early 2021. 

Is PointsBet Sportsbook legit?

Yes. Originally founded in Australia, PointsBet is set to launch, eventually, in a dozen states in the US. They operate legally and are regulated online by the relevant state gaming commissions in each state. 

Does PointsBet Have an App?

Yes. PointsBet has an app on Android and IOS devices for the easiest to use sports gambling in the industry. The Android app must be downloaded from the PointsBet website. The Google Play store does not allow online gambling apps in the store. 

How old do you have to be to bet online at PointsBet Online Sportsbook?

21 or older. You must provide proof of identity when signing up for an account. In Iowa, you must go to Catfish Bend Casino directly to complete the registration. This in-person registration requirement will only be in place until January 2021.

Can I place bets directly on the PointsBet Website?

Yes. PointsBet has a comprehensive website for fans in each state to place wagers directly on a website. This can be done on a computer or desktop anytime.   

How do you get paid if you win at PointsBet Online Sportsbook?

PointsBet Online Sportsbook offers a variety of cashout options from PayPal, credit/debit card, wire transfer, and even a physical check. You can also get cash if you are near one of their official casino locations. 

Can you do in-play betting at PointsBet?

Yes. PointsBet offers comprehensive and extensive live betting options. They are also one of the only sportsbooks who offer in-game parlay betting.

What is the best way to make a deposit at PointsBet?

PayPal, Credit/Debit Card, and Online Banking are all instant options to fund your account.  You may also register for the PointsBet Mastercard to fund your account anyway you’d like, refer to our table above for a full list of ways that you can make a deposit at PointsBet .

About the Author

Erich Richter

A New York based freelance writer and gambling expert specializing in the sports industry. Written on numerous platforms with SEO certifications and a diehard Mets, Giants and Knicks fan (it’s been tough). Interests include keeping up to date on the newest features and technologies from sportsbooks since beta testing several of the legal gaming companies upon their inception.