9.7

PointsBet
Sportsbook

ONLINE SPORTSBOOK
Founded in Australia, PointsBet got into the U.S. market quickly after the overturn of PASPA in 2018 and now operates in Indiana, New Jersey and Iowa, with launches in Illinois and Colorado expected later in 2020. From its high-tech app to best-in-class offers and promotions, PointsBet is one of the fastest growing new books in the online U.S. market.
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Promo Codes & Bonus Offers

RankBookOfferDetailsBet
#1
Bet $20, Win $125 if Wisconsin Scores
Claim Now
Bet $20 on Wisconsin as 1st Bet
Win $125 in free bets if they win
New customers in IN
#2
Bet $20, Win $125 if the Jets Score
Claim Now
Bet $20 on Jets as 1st bet
Win $125 if they score vs. Bills
New customers in IL, IN & NJ only
Sportsbooks
#1
Bet $20, Win $125 if Wisconsin Scores
Claim Now
Bet $20 on Wisconsin as 1st Bet
Win $125 in free bets if they win
New customers in IN
#2
Bet $20, Win $125 if the Jets Score
Claim Now
Bet $20 on Jets as 1st bet
Win $125 if they score vs. Bills
New customers in IL, IN & NJ only

PointsBet Sportbook Review Chart

Summary

PointsBet's app and site stands out as one of the best in the U.S. industry from its sleek design to site navigation. They also offer great promotions and daily boosters, including some of the best odds in the market for popular spread and over/under bets. If you're going to select only a few books from your state, PointsBet is definitely one of our recommended options.

PointsBet Bonuses & Promotions

Bonuses & Promos from PointsBet - 5.0 / 5 Stars

The sign-up offer at PointsBet -- get $250 instantly after depositing -- is in line with the rest of the industry. But where PointsBet really stands out is on event-specific promotions throughout the year. They regularly do "crowd boosters," where a spread will move a point every 100-200 bets taken by the book, which quickly turn into easy wins. Read More

Mobile App & Website

PointsBet: Sports Betting Mobile App - 4.5 / 5 Stars

PointsBet has one of the best sleekest apps and websites among all U.S. books, and they do a great job of displaying the most popular markets and best daily promotions for bettors. The experience is better on the app than on web, which can get a little busy with all of the different markets. Read More

Registering & Cashiering at PointsBet

PointsBet: Registering & Cashiering - 4.0 / 5 Stars

We haven't had any issues signing up, depositing or withdrawing funds from PointsBet. They do offer fewer payment options than other books, although users can still use credit cards, online banking, PayPal and a variety of other methods depending on the state. PointsBet is a trusted, regulated sportsbook, so you don't have to worry about your money. Read More

PointsBet vs. Other Sportsbooks

PointsBet: Competitor Comparison - 5.0 / 5 Stars

PointsBet is a new name to the sports betting world, but they've quickly made noise thanks to their sleek app, awesome promotions and competitive odds. They are aggressive in acquiring customers, which means bettors get to reap the rewards if they pay attention. Read More

PointsBet Bonuses & Promotions

Sports betting can be challenging given the juice (or vig) taken on every bet. That's why it's so important to take advantage of +EV bets, promotions and sign-up offers. PointsBet is an industry-leader in that regard: They regularly offer great weekly or daily promotions, and they often run promotions where you can bet popular sides and totals at reduced or no juice.

Mobile App & Website

All in all, PointsBet's app and site stand out as among the best in the industry. Daily odds boosts, promotions, and the most popular betting markets are smartly organized on the homepage, making things user-friendly for new and seasoned bettors.

Web Experience

The desktop experience at PointsBet is very similar to the app, and it's quite easy to navigate to sports, find promotions and more.

The biggest drawback of PointsBet's current navigation is that it can be difficult to find secondary markets within sports. For example, if you navigate to the "basketball" section looking for a variety of NBA futures markets, those are not listed on that main page. Instead, you have to go to "All comps" on the top right, where you can then use dropdown nagivation to find those smaller markets and futures. Once there, things are smartly oganized, but those markets can be difficult to find when you first start using PointsBet.

The desktop site can also get a little cluttered with pictures and promotions, but overall it's a solid experience for users.

Registering & Cashiering at PointsBet

Note that signing up, depositing and withdrawing can vary depending on the state you live in. When PASPA was overturned by the U.S. Supreme Court in 2018, it gave states the right to legalize and regulate sports betting within each state, which means rules and regulation can vary.

On the whole, PointsBet is a book you can trust with your money when signing up and depositing. We haven't heard of or experienced any issues, and payments are usually accepted and sent out in a very timely manner -- within a couple days but often even more quickly.

Payout Speed

One of the best things about betting with a legal online book in the United States is that you never have to worry about your money or being defrauded. Sportsbooks like PointsBet are required to set up a liability fund that operates separately from their expenses. Further, they are regulated by an independent entity in each state that gives books strict rules about protecting users' money.

One disadvantage of PointsBet, depending on where you're betting from, is that they do offer fewer deposit and withdrawal options than competitors. If you're in New Jersey, the options are about the same as most books...

  • Bank account
  • Credit card
  • Debit card
  • PayPal
  • E-Check

But in Indiana, bettors cannot use credit cards to deposit or withdraw at PointsBet. The options there include ACH, online banking, Paynearme, and Paypal.

Spending Controls

Most legal sportsbooks have self-imposed limiting controls in place, and PointsBet is no different. These are effective ways to stop yourself from betting too much if it’s becoming a problem or to just be proactive about setting healthy limits for yourself. We recommend configuring whatever set up helps you maintain responsible limits, and educating yourself. The controls PointsBet offers include: 

  • Pre-Commitment Limits: Set a limit on how much you can deposit over 1, 7 or 30 days.
  • Self Exclusion: Stop yourself from betting during a certain time period or permanently.
  • Cool Off Period: Stop yourself from accessing the site or app for a certain time period.

In addition to the PointsBet-provided resources, The Action Network has developed bankroll management educational materials to help ensure bettors have fun and establish sustainable behavior. 

PointsBet will match your initial deposit up to $250 in instant FREE bets.
NEW PLAYERS OFFER
Get a deposit match up to $250

PointsBet vs. Other Sportsbooks

While sign-up offers, promos and user experience are all crucial factors in selecting a sportsbook, the most sophisticated bettors are often worried about the price. We can compare books in this regard a couple of ways:

  • Juice: Also referred to as the “vig,” this is the tax a sportsbook charges for a bet. The standard odds for a spread bet is -110, which means you have to pay $110 to win $10. That extra $10 is the tax.
  • Hold: Similar to the juice, hold is defined as the percentage a sportsbook keeps for every dollar wagered. It’s a better metric to measure for moneylines, for example.

Most online U.S. books -- in states where betting is entirely online and not regulated by the state lottery, at least -- have standard juice on your typical bets. Take, for example, the juice on spread bets for the NFL. There’s no major difference between sportsbooks: It is commonplace to get -110 on both sides for both the spread and the over/under.

But PointsBet is unique in that they'll often offer reduced-juice odds on big markets. Prior to the COVID-19 layoff, for example, they offered all NBA spreads at +100 -- meaning they took no money on either side of the bet. You could wager $100 to win $100, as opposed to $110 to win $100 like all other sportsbooks in the industry.

BetSync

BetSync is a feature exclusive to The Action Network that allows you to link your sportsbook directly to your Action account. Once your sportsbook is linked to your Action account, the bets made on your sportsbook will automatically sync to your Action profile. This feature eliminates the process of entering your picks through your sportsbook and then inputting them in the Action app or website for tracking purposes.

This proprietary feature is live with just two sportsbooks in the world, and PointsBet is one of them. It's a huge bonus to using PointsBet in Indiana or New Jersey, as you don't have to do any work to track your bets and interact with the amazing features of the Action app, including live bet win probability.

PointsBetting

A completely unique product you’ll find at no other sportsbook, PointsBetting allows bettors to reap the benefits of being really right about a game.

Let’s say you bet on the Warriors and Lakers to go over 220 points. With the PointsBetting product, you can get odds on every additional point over that number. If it finishes at 230, you win 10 times your bet. 

PointsBet Review

PointsBet launched January 2019 in New Jersey following the 2018 Supreme Court ruling that struck down the federal sports betting ban in the United States. The sportsbook also launched in Indiana in 2020 and will add Colorado to its portfolio in 2020. A somewhat new brand in America, PointsBet also has a sportsbook in Australia.

PointsBet Sportsbook Review Chart
9.7
Mobile App
Registering & Cashiering
Bonuses & Promotions
Bet Type Offering
Live Betting
Summary

PointsBet has an awesome new-customer offer (get up to $250 instantly after depositing into your account), and it frequently offers its users reduced-juice bets and +EV daily offers. Example: For specific NBA games, the sportsbook will give bettors bonus bets for every 3-pointer their team makes.

Sports you can bet at PointsBet

In addition to pregame bets, PointsBet also offers live wagering on many of the sports listed.

Sports

NFL
College Football
NBA
College Basketball
EuroLeague
NHL + other hockey leagues
MLB
Soccer
Tennis
MMA
Golf
Motor Racing
Boxing
Cricket and more

Registering at PointsBet

PointsBet's registration process is extremely simple.

Creating An Account Requires

First Name
Last Name
Email
Date of Birth
Cell Phone Number
Last 4 of Social
Address

Making Deposits at PointsBet

PointsBet gives users a number of ways to deposit funds.

Deposit Options

Online Banking
Mastercard
Visa
ACH (eCheck)

Making Withdrawals at PointsBet

How to take money out of your PointsBet account.

Withdrawal Options

ACH (eCheck)
Online Banking
PointsBet Mastercard
Cash at Meadowlands Racetrack

PointsBet Additional Information & Benefits 

Reduced Juice on NFL and NBA Bets

If you’re looking to use your bonus bets on NFL and NBA wagers, you’re in luck: PointsBet has reduced the juice EVERY NFL/NBA game this season from -110 to -105. You even get reduced juice on bets you make with your bonus funds.

Booster Odds

Every day, PointsBet offers better odds on select games. While other books are offering +100 on a bet, they’ll “boost” it up to +150, giving you the best odds by far in the industry.

PointsBetting

A completely unique product you’ll find at no other sportsbook, PointsBetting allows bettors to reap the benefits of being really right about a game.

Let’s say you bet on the Warriors and Lakers to go over 220 points. With the PointsBetting product, you can get odds on every additional point over that number. If it finishes at 230, you win 10 times your bet.

Early Cash-Out

A little worried about how that fourth quarter will go? If you want to lock in your winnings or cut your losses, PointsBet will allow you to cash in a bet before the game ends.

Name a Bet

PointsBet offers lines on just about every sport and game you can think, along with game and player props. But if you happen to find something they’re not offering, just let them know, and they’ll set odds for you to bet!

Loyalty Programs and Rewards

Bettors will gain rewards on all bets made. Further, PointsBet gives bonus bets to users: For example, make 10 NBA bets, and you’ll get a $25 bonus bet for free.

Parlay Refunds

Every bettors know just how frustrating it can be to win the first three legs of your parlay but miss on the last one to go home empty. PointsBet takes some of the risk away: If you lose just one leg in a four-plus parlay, they’ll refund you up to $50.

Other Fun Promos

We’re just scratching the surface on offers PointsBet has on a daily basis. For all Jets, Giants and Eagles games, PointsBet gives $6 per touchdown to all bettors with a spread wager on that match. For primetime NFL matchups, you win your spread bet if your team scores the first touchdown. Check out PointsBet for all of the currently available offers.

PointsBet Customer Service

PointsBet’s customer service team is available 24/7 via email (service@pointsbet.com) or via live chat on their website.

PointsBet Frequently Asked Questions

Where Is PointsBet Sportsbook Legal?

PointsBet initially launched in New Jersey before expanding to Indiana in 2020. It is also expected to expand to Colorado in 2020.

What’s the best promo code to use for PointsBet?

When it comes to promo codes, we’ve done the hard work for you. Simply click this link, create an account and make a deposit, and you’ll instantly get a deposit match of up to $250. The best promo code will automatically populate into the sign-up page and give you the best offer.

What payment methods can I use to deposit?

PointsBet accepts Visa, Mastercard, e-checks and online banking. It’s a very simple and quick process, which is an underrated part of using a legal U.S. sportsbook like PointsBet. No more waiting weeks for checks; you’ll be able to deposit and withdraw within a few days or quicker.

Can I use PayPal to deposit and withdraw at PointsBet?

Unfortunately, PointsBet does not accept PayPal as of May 2020. New users can use Visa, Mastercard, e-checks or online banking to deposit and withdraw funds.

How fast can I withdraw my money?

This is one of the bigger benefits to using a legal U.S. sportsbook like PointsBet: You’ll be able to both deposit and withdraw funds very quickly. Withdrawals can take up to around 24 hours, but oftentimes it’s much faster if you use online banking.

What is the minimum deposit at Pointsbet?

If you deposit via credit card like Visa or Mastercard, the minimum deposit is $5. Note, however, that the deposit match is directly tied to how much money you first put into your account.

How exactly does PointsBet’s deposit match work?

If you’re an Action Network user, you’ll receive up to $250 in free bets instantly after funding your account. PointsBet offers what’s called a tiered deposit match. If you deposit $50, you’ll get $100 in free bets. If you deposit $150, you’ll get an additional $150. And if you deposit $250, you’ll can an extra $250 instantly hit your account. Not bad, right?

What bonus offers does PointsBet have for new customers?

If you sign up for a PointsBet account here, you’ll automatically be opted in to the sportsbook’s deposit match offer after you fund your account. Deposit matches are great perks for new bettors because they instantly give you access to additional funds with which to bet.

What is the minimum bet amount for PointsBetting?

The minimum stake is $0.50.

Does PointsBet charge a fee?

There is no fee for creating an account or depositing or withdrawing funds. However, like all sportsbooks, PointsBet does charge a tax — also called the “vig” or “juice” — which is the price of making the bet. For most bets, the vig is 10%, which means you’d have to bet $110 to win $100. PointsBet does often offer lower juice, though. For instance, for NFL and NBA spreads, they charge just a 5% fee, which means you’d have to bet $105 to win $100. That is the lowest vig you’ll find at any sportsbook in the world.

What devices can I use to bet on at PointsBet?

PointsBet has free iPhone and Android applications that bettors in New Jersey and Indiana can use to bet. Of course, bettors can also make bets online on a desktop or mobile browser.

What is BetSync?

BetSync is a proprietary technology created by The Action Network that works with sportsbook platforms. Users of PointsBet in New Jersey currently have access to BetSync, which allows users to sync their bets directly from PointsBet onto the Action app. From there, the Action app will track your bets, give you live win probability on those bets, highlight your long-term ROI and much more.

Do I have to go into a casino to create an account or deposit at PointsBet?

No, PointsBet is a fully online sportsbook, which means you can do everything through their iPhone or Android phone applications. You can also create an account, deposit and withdraw, and make bets on any web browser. The lone exception is for Iowa users, who have to go into Catfish Bend Casino to open an account.

Do I have to be in a legal state to bet at PointsBet?

Yes, sports betting is regulated by each individual state, which means if you have a PointsBet account in New Jersey, for example, you’ll have to be within New Jersey state lines to make a wager. PointsBet uses geolocation technology to ensure bettors’ locations.

Do I have to be in a legal state to withdraw funds at PointsBet?

No, you can withdraw funds from your account anywhere. Let’s say you live in New York City but spent the weekend in New Jersey and made a few bets. If you forgot to withdraw your funds before going back to NYC, you can still do so; you just can’t make any bets outside of New Jersey state lines.

Do I have to be a resident of New Jersey or Indiana to bet at PointsBet?

No, you just have to be at least 21 years old, a U.S. citizen and within state borders of the time your bet is placed. Let’s say you’re from California and take a work trip to Indiana. While in the Hoosier State, you can open a PointsBet account, deposit and bet as long as you are within state limits. You can then withdraw while in the state or when you’re back in California.

How old do you have to be to bet at PointsBet?

You must be at least 21 years old to open an account and bet at PointsBet.

Why does PointsBet need my social security number?

Because PointsBet is a legal book regulated by state governments, they have to verify the identification of new users. That’s the only way your information will be used, and you can be confident your identity is safe.

Does PointsBet offer live betting?

Yes, users can live bet most markets both on their website or in their app.

Does PointsBet allow bets on college sports?

It all depends on the state laws. In New Jersey, for example, it is not legal to bet on college teams located in New Jersey; however, bettors can bet on college teams not from the Garden State. In Indiana, bettors can bet on college teams located in and outside of Indiana.

Can users cancel a bet?

Users can cancel a bet within 15 minutes of placing it by calling 833-338-PBET. Cancellations are at the discretion of PointsBet.

Does PointsBet help users limit their risk?

Yes, PointsBet allows you to set deposit, spend and time limits on your account. Check out their Player Protection page for more information. Further, if you or someone you know has a gambling problem and wants help, call 1-800-Gambler.

What’s the difference between PointsBet and Bovada?

PointsBet is a legal U.S. sportsbook, whereas Bovada is an illegal book based outside of the U.S. That means you can feel safe at PointsBet, as they’re regulated by the state governments in the places they operate. Your money and personal information are completely secured. PointsBet operates like any U.S. business, which means they have to report earnings and pay taxes.

Is PointsBet legit?

Yes, PointsBet is definitely legit. They are a legal U.S. sportsbook and are thus regulated by state governments. They have to report earnings, pay taxes and protect user information like any other U.S. business.

Who owns PointsBet?

PointsBet is its own company, and it was originally founded in Australia, where it still operates as a sportsbook. They announced their IPO on the Australian Securities Exchange in June 2019. Since then, they’ve launched in New Jersey, Indiana and Iowa, and they’re set to launch in Colorado in 2020.