PointsBet Review

Companies featured on this page may compensate us if you sign up for one through our links. This doesn't affect our ratings or opinions in any way. Must be 21+. Gambling Problem? Call 1-800-GAMBLER. See full disclosure.

PointsBet Logo

No PointsBet promo code required

Editorial Rating

4.8/5

Deposit Methods

Key Features

Intro Promo

New players at PointsBet get 10 Second Chance bets up to $100 daily for 10 days. 

PointsBet is transitioning to Fanatics Sportsbook & may no longer offer the sign-up bonuses featured on this page. Be sure to check PointsBet's site to see the current offer, if any. Check back for our review of Fanatics Sportsbook soon.

Companies featured on this page may be our partners who compensate us if you sign up for one through our links. This doesn't affect our ratings or opinions in any way. Must be 21+. Gambling Problem? Call 1-800-GAMBLER. See full disclosure.

Originally founded in Australia, PointsBet has become one of the most popular sportsbooks in the United States. It now operates in Colorado, Illinois, Indiana, Iowa, Kansas, Maryland, Michigan, New Jersey, New York,  Pennsylvania, Virginia, and West Virginia.

PointsBet is known for its unique PointsBetting system that allows you to win or lose more depending on how close the final score is to the line you bet on.

If you bet the Chiefs -7, for example, you would receive a higher payout if they ended up winning by 10 or would have to pay more if they only won by 3 or lost.

PointsBet is one of our top-rated U.S. sportsbooks thanks to their industry-leading sign-up bonuses for new customers, generous odds boosts and promotions, wide variety of bets offered, and sleek user interface.

This PointsBet review goes over all of that and more, including exactly how PointsBetting works, available promo codes, customer reviews, and more to help you decide if PointsBet is right for you.

In this review

PointsBet Quick Review

PointsBet is arguably the best sportsbook available in the states that it operates in.

The sign-up bonus of 10 Second Chance bets of $100 each is a unique promo that provides a compelling incentive to explore the sportsbook. It's a valuable offer spread across your first 10 days, ensuring consistent action and opportunities. PointsBet also regularly offers many other generous promotions and odds boosts.

The unique PointsBetting system adds a unique twist to sports betting that is otherwise pretty much standardized across the U.S. PointsBet has a nice user interface on both the app and website, and they allow you to bet on all majors sports and leagues.

The only categories that we don’t rate PointsBet as 5 stars are Intro Promo, User Interface, and Deposits & Withdrawals—all of which it ranks as 4 stars (or “Great”) or higher. PointsBet’s sign-up bonus doesn’t have the same total value as other books and it doesn’t have the variety of banking options as competitors.

Whether you are new to sports betting or are a seasoned veteran, PointsBet is well worthy of your consideration if you bet in one of the states where it operates. Though it may not have as recognized of a name as FanDuel and DraftKings, it easily competes with the best of them.

PointsBet State Availability & Rankings

PointsBet Sportsbook is currently available in IN, KS, and NJ.

Ratings by Category

Overall Rating

4.8/5

Odds Competitiveness

5/5

Intro Promo

4/5

Promos & Odds Boosts

5/5

Sports & Bets Offered

5/5

User Interface

4.5/5

Deposits & Withdrawals

4/5

Customer Reviews

5/5

Education & Resources

5/5

Pros & Cons

PointsBet Intro Promo

The PointsBet welcome bonus is a series of 10 Second-Chance bets, each up to $100, provided daily.

Here's how it works:

  1. After registering, start placing your bets.
  2. Every day for 10 days, you're provided a Second-Chance bet up to $100.
  3. If a bet on any given day doesn't land, PointsBet gives you another shot with a bet of equal value.
  4. Each Second-Chance bet is available for that specific day. If you don't place a bet on a particular day, you won't receive the bonus for that day.
  5. Once you receive a Second-Chance bet, it's valid for use for the next 7 days.

It's important to bet daily during the promo period to maximize the offer's benefits.

How to get it

When you register for an account with PointsBet, there is no longer a need to input a sign-up code or promo code to receive the offer. Previously, you had to use PointsBet promo code ODDS2000 but that is no longer the case. 

After registering, make a fixed-odds bet on any market. If it doesn't win, PointsBet has you covered with a Second Chance bet refund up to $100. And for the subsequent 9 days, you can get the same refund on your day's first bet.

How it stacks up

PointsBet previously had the best welcome bonus of all states when they offered two Second Chance bets up to $2,000. While the current offer isn't quite as good as that, it's still a cool deal.

It's also nice that PointsBet offers the sign-up bonus as 10 separate bets instead of just 1. If you win some of the 10 Second Chance bets, great! You will be paid out as usual. If you don't win some of them, you'll still have the opportunity to bet the resulting credits.

PointsBet sign up offer is tied to the outcome of your first wager (as is typically the case with most bonus bets from sportsbooks), but it's still packed with value.

How PointsBetting Works

Before I dive into how PointsBetting—which is unique to PointsBet works—it's important to note that PointsBet also offers all traditional types of sports betting as well. So if you don't like the high-risk/high-reward nature of PointsBetting, there is no need to write off PointsBet.

Now to how PointsBetting works…

Traditionally, you place a bet at a specific line with specific odds. If you win, your payout is determined by how much you wagered and the odds, and if you lose, you lose the full amount you wagered.

With PointsBetting, however, the payout and amount you lose are determined by how far off the line you bet is from the final result.

For example, you will have a higher payout if you bet a team at -3 and they end up winning by 15 than you would with traditional spread betting. On the flip side, if that team loses outright, then you will lose more than you typically would.

If you bet $10 on a total of 220 in an NBA game, as another example, you would multiple your wager amount by each point above or below the final score is from the original line.

Game ends in 225? You win $50. 

Game ends at 215? You lose $50.

Aside from typically spreads and totals, you can also bet on player stats, bets based on when things will happen in the time of a game, and multiplier bets.

One of my favorite things about PointsBetting is the stop-loss feature that allows you to cap your losses (as well as payouts) at a certain multiplier that you can decide on. That way, you know you won't ever lose more than X amount of money on a bet.

If you are still confused as to how PointsBetting works, PointsBet offers a helpful guide that includes a video and interactive widget.

PointsBet Odds Competitiveness

PointsBet regularly offers the most competitive odds for all sports that we've analyzed.

You can expect to see the standard -110 odds on most spread and total bets as well as competitive moneyline odds. You can learn more about how to read betting odds here.

Still, it's always smart to use at least a few sportsbooks so you can shop around for the best odds. This doesn't take much time but is important to become a profitable sports bettor over time.

PointsBet Odds Boosts & Promos

Aside from the intro promo for new customers, PointsBet offers some of the best odds boosts and promotions in the game.

Here is a look at each:

Odds Boosts

PointsBet's odds boosts are called Booster Odds but work like other sportsbooks' odds boosts.

Each day, the odds on select markets are increased, by around 15% to 20%, allowing you to earn a higher payout if they hit.

PointsBet seems to boost the odds on player props much more often than other sportsbooks. This is a plus if you regularly bet player props but a downside if you typically bet regular lines like sides and totals.

You can find Booster Odds for many sports such as football, baseball, basketball, golf, and hockey.

Promotions

PointsBet offers many promotions other than the intro promo for new customers. Here are examples of promotions I've seen in the past:

  • No Juice PointsBetting. PointsBet doesn't charge a vig on select PointsBetting wagers to help you win more money. 
  • Sunday Night Football Bonus Bet. If your first bet on the Sunday Night Football game loses, receive your money back up to $20.
  • Same Game Parlay Insurance. Receive your money back if you only lose 1 leg of a 4+ leg MLB or NFL same game parlay up to $25.
  • Parlay Boosts. Each day, boost the odds on both a regular parlay and same game parlay of 3+ legs each.
  • Refer a Friend Program. Receive a $100 bonus bet for each friend you refer to PointsBet.

PointsBet Rewards

All players are automatically enrolled in the PointsBet Rewards program that gives you points that can be redeemed for bonus bets.

The more you bet, the more rewards you earn:

  • Every $5 in fixed-odds bets earns 1 rewards point
  • Every $1 in parlay bets earns 1 rewards point

Each point is equal to $0.01 in bonus bets. For example, you need 1,000 rewards points to earn a $10 bonus bet.

Ready to join PointsBet? Sign up & access the intro promo here.

Sports PointsBet Offers Bets On

Sports Offered

Sports Not Offered

Types of Wagers PointsBet Offers

Like most sportsbooks, PointsBet offers all of the major types of sports bets, including:

While all of these are standard for U.S. sportsbooks, PointsBet is the only sportsbook to offer PointsBetting (explained above) or anything like it. If you enjoy the rush of amplified payouts and risk, PointsBetting alone may make PointsBet the best sportsbook for you.

Another cool thing PointsBet offers is the Name A Bet option. If you don't see a specific market that you are interested in betting on, you can request PointsBet to add it. If you request it be added by at least 2 hours before the start of the game, there is a good chance it will be added (as long as it isn't anything ridiculous).

Live betting

PointsBet offers live betting on most sports including football, baseball, basketball, hockey, soccer, and more.

  • From the homepage of the website, simply click the top left menu then “Live” to see games in progress that you can bet on
  • From the mobile app, hit the “In Play” button at the middle of the bottom of the screen

PointsBet also allows you to cash out of your bets on games that are still in progress. Unlike most books that only allow you to completely cash out, however, PointsBet allows you to partially cash out if you're on the fence. 

This unique offering helps you avoid that tough decision of whether you should cash out of that bet coming down to the wire or not.

Same game parlays

Same game parlays” have gained a lot of popularity over the past few years after sportsbooks like FanDuel started offering them. With these, you can parlay multiple wagers from a single, typically including sides, totals, player props, and game props.

Fortunately, PointsBet does offer same game parlays.

Once you click into a game, look for the “Same Game Parlay” tab. From there, you can add sides, totals, player props, and game props.

PointsBet's Same Game Parlays are easy to build and typically have many different options for you to include.

>> Read More: Sportsbooks That Offer Same Game Parlays

Signing Up for PointsBet

You don’t have to be a resident of one of the states where PointsBet operates to sign up, but you must be located in one to place bets. The only other restriction is that you must be at least 21 years old.

To sign up for an account, you’ll have to fill out some basic information including:

  • Name
  • Email
  • Date of birth
  • Last 4 digits of Social Security number
  • Phone number
  • Address
  • Password

After filling out this information, you may be asked to upload a government-issued ID (such as a driver’s license or passport) to verify your identity. 

The whole process is quick and easy and should only take a few minutes. You can get an idea of what the registration screen looks like in the following mobile app screenshots (click to expand):

PointsBet Deposit & Withdrawal Methods

PointsBet offers a number of deposit and withdrawal methods that vary based on which state you are in. The minimum and maximum deposit/withdrawal amounts, as well as deposit/withdrawal times, varies based on the method you choose.

Note that you don't have to be physically located in a state where PointsBet operates to deposit or withdraw money and they don't charge any fees to do so (though your bank might).

PointsBet Deposit Methods

Method Min/Max Deposit Deposit Time

Online bank transfer

$5/$10k

Up to 3 business days

Debit/credit card (Visa, Mastercard)

$5/Varies

Instant

PayPal

$5/Varies

Instant

PointsBet Mastercard

$5/$5k

Instant

Cash (at physical sportsbook)

$5/None

Instant

Cash (via PayNearMe)

$5/$500

Up to 30 mins

ACH/eCheck

$5/Varies

Up to 3 business days

PointsBet Withdrawal Methods

Method Min/Max Withdrawal Withdrawal Time

Cash (at physical sportsbook)

$50/$10k

Up to 24 hours

PayPal

$5/None

1-2 business days

ACH/eCheck

$5/Varies

2-5 business days

Online bank transfer

Not specified/None

2-5 business days

PointsBet App & Website Experience

You can bet with PointsBet through its website or mobile app (one app for all states).

The app or website will verify your location to ensure you are located in one of the states where PointsBet operates. You may be required to download an application to your computer to help verify your location or grant the website/mobile app access to your location. 

You don't have to be a resident of one of the states where PointsBet operates to place bets; you just have to be physically located in one of the states.

User Experience

Overall, PointsBet offers a great user experience, in my opinion. It is easy to find specific games and the presentation of everything is intuitive. I rated it a 4.5 out of 5 relative to other sportsbooks.

If you prefer dark themes, you'll definitely enjoy using PointsBet as the main colors used are black and dark grey along with touches of red and blue to help separate sections.

Both the app and website load quickly and I haven't had any issues with them crashing frequently.

Here are some specific notes about the PointsBet user experience on both the app and website:

PointsBet Mobile app

Navigation

From the PointsBet mobile app homepage, you can see important announcements and promotions at the top of the screen, followed by popular games and wagers. There is a horizontal scrolling menu that allows you to quickly jump to the top sports of the day.

All of the menus in the PointsBet app are at the bottom of the screen. You can open up the main menu and A-Z sports menus from there, see live games (“In Play”), make a quick parlay, and open up the betslip that also contains bets you've already made.

Making selections

I find that the spacing, colors, and team icons make it easy to find what I am looking for. Once you click into a sport, you can see all of the games listed as well as the spread, total, and moneyline for most sports. You can also click into any game to see prop bets, PointsBetting, and to make Same Game Parlays.

Betslip

Once you make a selection, the betslip will pop up. From there, you can either make a wager or click “Start Parlay” if you want to add more games to your betslip. If you have more than one selection, you can choose whether you want to bet on a parlay, make single bets, or do a round-robin bet.

One downside

Overall, I find the PointsBet mobile app easy to use and responsive. I do wish there was a button at the bottom of the screen to go back to the home screen (instead, you have to hit the PointsBet logo in the top left), but that being the biggest downside I've seen is definitely a good sign for a solid app.

Screenshots

Check out some of the screenshots below to get a better idea of what the app is like (click to expand):

PointsBet Website

Like most other sportsbooks, the PointsBet website looks very similar to the mobile app and shares the same general appearance.

From the sportsbook homepage, you'll see banners of current promos, odds boosts, and new features. Under that, you'll see links to popular sports as well as the most popular games and odds boosts of the day.

The menu in the top left corner links to almost every part of the sportsbook including live games, promos, popular games, all sports, and more.

Once you make a selection, the betslip will pop up in the center of the screen. From here, you can either place your bet or start a parlay. The latter will move the betslip to the right side of your screen so you can make additional selections.

Like the mobile app, the PointsBet website is easy to use, responsive, and has no major flaws.

Here are some screenshots of the PointsBet website (click to expand):

Stability

I haven't had any major issues with the PointsBet website or app in my time using them. Signing up, logging in, and using the app have always been smooth for me with no crashing or glitches.

In reviews online, some users complain of the app glitching or being slow, both at the login screen and once inside the app, but I haven't experienced this.

Support

If you need help, you can contact PointsBet 24/7 via the following methods:

  • Live Chat:
    • Website: Scroll down to the footer and hit “Live Chat”
    • App: Hit the “Menu” button on the bottom right of screen and scroll down to “Live Chat”
  • Email: [email protected]

PointsBet Background & Locations

  • Headquarters: Denver, Colorado & Melbourne, Australia
  • Founded: 2015
  • PointsBet launch dates:
    • PointsBet NJ – January 2019
    • PointsBet IA – November 2019
    • PointsBet IN – March 2020
    • PointsBet IL – September 2020
    • PointsBet CO –November  2020
    • PointsBet MI – January 2021
    • PointsBet WV – August 2021
    • PointsBet VA – December 2021
    • PointsBet NY – January 2022
    • PointsBet PA – February 2022
    • PointsBet KS – September 2022
    • PointsBet MA – March 2023

State

Online

Retail Partner

New Jersey

Yes

Twin River

Iowa

Yes

Catfish Bend Casino

Indiana

Yes

Penn National Gaming

Illinios

Yes

Hawthorne Race Course

Kansas

Yes

Kansas Crossing Casino & Hotel

Colorado

Yes

Double Eagle Hotel & Casino

Michigan

Yes

Northern Waters Casino Resort

New York

Yes

N/A

West Virginia

Yes

Mountaineer Casino

Pennsylvania

Yes

Hollywood Casino at Penn National (York)

Maryland

Yes

Riverboat on the Potomac

Louisiana

Yes

Penn National Gaming

Ohio

Yes

Belterra Park Gaming & Entertainment Center

PointsBet IN

  • Availability: Online and retail
  • Launch date: March 2020
  • Retail partner: Hollywood Casino in Lawrenceburg
  • Licensed by: Indiana Gaming Commission
  • PointsBet IN Intro Promo: None. Join here.

PointsBet started operating in Indiana in March 2020. It has reached a long-term agreement with Penn National Gaming and established a land-based partner in Hollywood Casino in Lawrenceburg, where it hosts a retail sportsbook. PointsBet has also partnered with two professional sports teams in Indiana, the Indianapolis Colts and the Indiana Pacers.

PointsBet KS

  • Availability: Online and retail
  • Launch date: September 2022
  • Retail partner: Kansas Crossing Casino & Hotel
  • Licensed by: Kansas Racing and Gaming Commission
  • PointsBet KS Promo: None. Join here.

PointsBet launched in Kansas on the day it went live, September 1, 2022, in partnership with Kansas Crossing Casino & Hotel. 

PointsBet NJ

  • Availability: Online and retail
  • Launch date: January 2019
  • Retail partner: Bally’s Casino and Hotel and Meadowlands Racetrack
  • Licensed by: New Jersey Division of Gaming Enforcement
  • PointsBet NJ Promo: None. Join here.

New Jersey was the first state to welcome PointsBet in the US after a successful launch in January 2019. The operator also went live with an online casino in July 2021. Both its NJ land-based partners—Bally’s AC and Meadowlands Racetrack—host in-person betting kiosks where you can deposit and claim your winnings. 

PointsBet Customer Reviews

As of the time of this writing, the PointsBet app in the Apple App Store has an average rating of 4.7 from over 18,000 reviews.

Many of the positive reviews talk about the great intro bonus, numerous odds boosts and promotions, and easy-to-use interface.

While the majority of reviews are positive, here are some of the common complaints I've seen:

  • People getting banned from participating in promotions
  • App glitching/freezing
  • Trouble verifying identity
  • Trouble withdrawing money
  • Poor customer support

PointsBet Educational & Responsible Gaming Resources

Like any form of gambling, there is always a risk of losing your money when sports betting—especially if you don't fully understand how it works. In addition, gambling addiction is a serious problem that is easier to fall into than most people realize.

For that reason, when rating sportsbooks, I considered what kind of educational resources they provide and what responsible gaming resources and limits they have in place.

Educational resources

PointsBet offers 3 main resources for sports bettors. First, they have a decent guide explaining how PointsBetting works, a general guide to sports betting, and an extensive FAQ section.

While PointsBet doesn't seem to currently offer team or player statistics within the app or website, they do include write-ups for many games that cover how the teams have been performing and other key storylines that can help you make more educated decisions when it comes to betting.

Responsible gaming resources & limits

PointsBet provides helpful responsible gaming guides (here's an example for NJ) that go over warning signs of gambling problems, where you can find help for yourself or a friend/family member, general guidelines to make sure you are gambling responsibly, what kind of limits PointsBet offers, and links to other related resources.

Here is an overview of the limits they offer to customers:

  • Deposit limit. Limits how much you can deposit to your account on a daily, weekly, or monthly basis.
  • Time-based limit. Limits the total amount of time you can spend on the website or app during a day.
  • Cool-off period. Temporarily block yourself from accessing PointsBet for a period of 3, 7, or 30 days.
  • Self-exclusion. Block yourself from logging into your account for 1 year, 5 years, or permanently.
If you or someone you know has a gambling problem, you can also call 1-800-GAMBLER to get help

PointsBet Sportsbook Alternatives

There's a lot to like with PointsBet including the unique PointsBetting system, one of best intro promos currently available, and a great user interface.

There are, however, some PointsBet alternatives that may be a better fit for you depending on what you're looking for.

Here are some options to consider:

  • If you prefer lighter user interfaces: FanDuel
  • If you want a bet & get sign-up bonus: WynnBET
  • Our other highest-rated sportsbook: BetMGM

Want to compare PointsBet Sportsbook with other options? Use our free sportsbook comparison tool.

PointsBet FAQs

Is PointsBet legit?
Yes, PointsBet is legal and legitimate in all of the states where it operates. It has all the necessary gambling licenses or is partnered with a casino with a license in every state where they operate.

What states is PointsBet legal in?
PointsBet is legal and operational in Colorado, Illinois, Indiana, Iowa, Kansas, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.

Can I use cryptocurrency to bet with PointsBet?
No, currently you cannot use cryptocurrency to deposit or withdraw money into or from your PointsBet account.

How do I place bets with the PointsBet Sportsbook?
To place a bet, simply log in, make your selections, hit the bet slip button in the bottom right of your screen (mobile app) or right side of the website, enter the amount you want to wager, and click Place Bet.

Who can place bets with PointsBet?
Anyone physically located in one of the states where PointsBet is licensed who is of legal gambling age (typically 18 or 21) with a valid account can place a bet with PointsBet.

Can I deposit and withdraw money even if I'm not in a state where PointsBet operates?
Yes, you can deposit and withdraw money from anywhere. You only have to be in a valid state to place a bet.

Does PointsBet offer live betting?
Yes, PointsBet offers live betting on most major sports including football, basketball, hockey, baseball, and more.

Who is the PointsBet brand ambassador?
PointsBet signed Drew Brees to be its brand ambassador in July 2021.

Does PointsBet offer live cashouts?
Yes, you can cash out of most bets on games that are still in progress. PointsBet lets you fully or partially cash out of eligible bets.

Does PointsBet have a rewards program?
Yes, PointsBet offers a rewards program called PointsBet Rewards. You can learn more about it here.

How do I claim the PointsBet intro promo?
When you register for an account with PointsBet, you may see a box for a sign-up code. You could previously use promo code ODDS2000 to access the welcome bonus but that's no longer needed. You'll get 10 Second Chance bets of $100 each for 10 days after signup.

>> Sign Up & Get 10 x $100 Second Chance Bets Here

PointsBet Sportsbook
Intro Promo

PointsBet Logo

10 x $100 Second Chance Bets

Dave Rathmanner

Dave Rathmanner is the Founder & CEO of Odds Assist. After struggling to find helpful sports betting resources and honest reviews when he first started betting, he decided to create the site he always wished he had. Dave has been betting on sports since NJ legalized it in 2018 and regularly analyzes sportsbooks to find the best options for bettors. Aside from creating new content for OA readers, Dave is also passionate about researching betting markets, creating models, and developing profitable betting strategies.