PointsBet is an Australian company that has already made a huge splash in the U.S. sports betting market with generous promotions and an innovative new form of wagering known as PointsBetting that increases your wins (or losses) depending on how accurate your bet is.
For more traditional bettors they also offer all the standard fixed wager options you’ve come to expect from the sportsbooks in New Jersey. PointsBet entered the U.S. market in December 2018 via its partnership with the Meadowlands Racetrack, NJ.
Legal States: CO, IL, IN, IA, MI, NJ
PointsBet Welcome Offer
When it comes to welcoming new customers, Pointsbet has one of the most generous signup offers on the market. When you register a new account and deposit just $50 you will be given a free $100 extra bonus to play with immediately.
To take advantage of this offer use Promo code EDGE during the registration process.
Promo Code: EDGE
What Can I Bet On?
PointsBet has you covered with all the major U.S. sports available as well as a wide variety of international events and leagues to choose from:
- College Football
- College Basketball
- Australian Rules
Deposit and Withdrawal Options
PointsBet has a good range of options for depositing and withdrawing and their customer service is on standby to assist users if they have any issues during the process:
- Credit Card
- Debit Card
- ACH (eCheck)
- PointsBet Card
- Casino Cage at partner casinos
Some credit card issuers may block transactions with gambling companies despite the legalization of sports betting in 2018; this is not just for PointsBet but can occur with any of the sportsbooks. However, you will generally not have a problem finding a convenient deposit option with PointsBet.
Software and Signup
The initial signup process with PointsBet is extremely smooth in most cases and you can create a new account on desktop/laptop or via their mobile apps for iPhones/iPads and Android devices.
Like all sportsbooks it requires name, address and the last four digits of your social security number to prevent identity theft and ensure all users are age verified (21 and older).
The app itself is slick and easy to navigate and placing bets is extremely straightforward.
PointsBet offers all the traditional Fixed Odds wagers you will see on a typical sportsbook such as:
In addition you can try their innovative new product known as “PointsBetting“.
PointsBetting is a higher-risk, higher-reward option that pays out according to how accurate the wager is. The basic idea of PointsBetting is that the more correct your prediction is the greater your winnings will be and the more off you are in your bet the greater your loss.
For example, if your team wins by a large margin your payout is increased however conversely if your team loses by a wide margin then your loss increases in proportion to the margin of defeat.
PointsBet also offer the opportunity to early-cashout so you can lock in a win or minimize a loss.
Verdict on PointsBet
– Excellent signup bonus for new players
– Regular promotions, great customer service
– Wide range of markets and betting types
– International sports betting experience