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No PointsBet Promo Code Required
There is no PointsBet promo code required to receive the 5 Second Chance Bets of $50 each. You'll receive 1 Second Chance Bet per day for 5 days after signing up. Sign up here to receive the welcome offer.
PointsBet is one of our vetted sportsbook partners. If you sign up for PointsBet through one of our links, we may receive compensation. This allows us to keep this site free and doesn't affect our ratings or opinions in any way.
The PointsBet promo for new customers is the same for all the states the sportsbook operates in (Colorado, Illinois, Indiana, Iowa, Maryland, Michigan, New Jersey, New York, Pennsylvania, West Virginia, and Virginia): 5 Second Chance Bets of $50 each.
When signing up, there is no need to use a PointsBet promo code—all new customers are automatically eligible. Your first bet will be considered your first Second Chance Bet. You'll then receive a Second Chance Bet of up to $50 each day for the next 4 days (5 days total including the first day).
If any of your Second Chance Bets lose, you'll receive a refund in bet credits that you have 7 days to use.
There is No PointsBet Promo Code Required to Receive the Sign-Up Bonus
As mentioned, there is no PointsBet promo code required to receive the welcome offer. Previously, you could use promo code ODDS2000 in the “Sign Up Code” field to receive a bonus but now it's automatically applied.
Here's how it works:
- Go to the PointsBet website and hit the SIGN UP button.
- After you register for an account, make your first deposit. This is the money you will use on the second chance bets, so be sure to deposit enough to cover what you want to wager on them.
- The first bet you place is considered your first Second Chance Bet, regardless of when you place it. For each day after that, you'll receive another Second Chance Bet that is only eligible for that day.
- If you lose any of your Second Chance Bets, you'll receive a refund in bet credits of equal value up to $50.
- Use your bet credits within 7 days of receiving them or they will be removed from your account.
There is only a 1x rollover requirement with the bet credits, meaning you can withdraw any winnings after betting them once. Note that you only receive the profits from the bet credits, not including the amount wagered.
For example, if you place your first $50 bet credit on a market with +200 odds, you would only receive the $100 in profit, not $150 which would also include the amount wagered.
While the PointsBet promo doesn't have the same total value as some that offer risk-free bets and deposit matches up to $1,000 or more, it's nice that it's split up into 5 Second Chance Bets. You may win some of your Second Chance Bets which pays out winnings per usual and lose some others, which give you the opportunity to make it up with the bet credits.
Also, while many now have only 1x playthrough requirements, some require you to bet site credit 2, 5, 10, or more times before you can withdraw it.
Key Details on Using the PointsBet Deposit Code
- Time to use Second Chance Bets. When you place your first bet, that is considered your first Second Chance Bet and is Day 1 of your 5 days of Second Chance Bets. Each day after that, your first bet for that day is considered the Second Chance Bet, but if you don't place any bet that day, you forfeit the bonus.
- Time to use ensuing bet credits. If you lose one of your Second Chance Bets, you'll be refunded in bet credits. You must use each bet credit within 7 days of it hitting your account.
- Eligible markets. There aren't any minimum odds requirements on the second chance bets or ensuing bet credits with PointsBet.
- Playthrough requirement. Since there is only a 1x rollover requirement on the bet credits (if you receive them), you can withdraw your winnings immediately if you win the bet you use them on.
- Payout amount. You will only be given the winnings from the bet credit, not including the amount you wagered. So, for example, if you bet $50 on an event with +200 odds, you would only receive $100 (the winnings from the bet), not $150 (which would include the amount you wagered as well).
>> Ready to join PointsBet? Sign up here (no promo code required)
PointsBet Promo Code & Intro Bonus by State
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 CO
- Availability: Online and retail
- Launch date: November 2020
- Retail partner: Double Eagle Hotel and Casino in Cripple Creek
- Licensed by: Colorado Department of Revenue
- PointsBet CO Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet online sportsbook went live in Colorado on November 18, 2020, and the launch of a retail sportsbook in Double Eagle Resort in Cripple Creek soon followed. PointsBet also has partnerships with three of the state’s professional teams—the Denver Nuggets, Colorado Avalanche, and the NLL’s Colorado Mammoth. New customers on PointsBet CO can use an intro promo consisting of 5 Second Chance Bets of $50 each.
PointsBet IL
- Availability: Online and retail
- Launch date: September 2020
- Retail partner: Hawthorne Race Course
- Licensed by: Illinois Gaming Board
- PointsBet IL Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched in Illinois in September 2020, just six months after online betting became legal in the state. The operator’s flagship retail location is at Hawthorne Race Course, but it also runs physical sportsbooks at three other off-track betting venues in Crestwood, Prospect Heights, and Oak Brook Terrace. You must visit one of these locations if you want to register your online account. 5 Second Chance Bets of $50 each represent this sportsbook’s intro promotion.
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: 5 Second Chance Bets of $50 Each. Access 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. Like in most other states, the intro promo on PointsBet IN is 5 Second Chance Bets of $50 each.
PointsBet IA
- Availability: Online and retail
- Launch date: November 2019
- Retail partner: Catfish Bend Casino
- Licensed by: Iowa Racing and Gaming Commission
- PointsBet IA Promo: 5 Second Chance Bets of $50 Each. Access here.
After a successful launch in November 2019, Iowa became the second state after New Jersey to host the PointsBet sportsbook. Its retail located at Catfish Bend Casino began operating in August the same year. At first, Iowa residents were required to perform an in-person registration at PointsBet’s physical location, but this rule expired in January 2021. The intro promo rewards new customers with 5 Second Chance Bets of $50 each.
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: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched in Kansas on the day it went live, September 1, 2022, in partnership with Kansas Crossing Casino & Hotel. Like other states, new customers are eligible for 5 Second Chance Bets of $50 each.
PointsBet LA
- Availability: Online
- Launch date: September 2022
- Retail partner: Penn National Gaming
- Licensed by: Louisiana Gaming Control Board
- PointsBet LA Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched in Louisiana in September 2022, in partnership with Penn National Gaming. Like other states, new customers are eligible for 5 Second Chance Bets of $50 each.
PointsBet MD
- Availability: Online and retail
- Launch date: November 2022
- Retail partner: Riverboat on the Potomac
- Licensed by: Maryland State Lottery & Gaming Control Agency
- PointsBet MD Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched its online sportsbook in Maryland in November 2022. The sportsbook’s retail partner is the Riverboat on the Potomac. New Maryland players are eligible for 5 Second Chance Bets of $50 each.
PointsBet MI
- Availability: Online and retail
- Launch date: January 2021
- Retail partner: Northern Waters Casino Resort
- Licensed by: Michigan Gaming Control Board
- PointsBet MI Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched its sportsbook product in Michigan in January 2021, while the Great Lake State became the first to host PointsBet online casino later in May. The sportsbook’s land-based partner is the Northern Waters Casino Resort in Watersmeet. Michigan players are welcomed to the sportsbook with 5 Second Chance Bets of $50 each.
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: 5 Second Chance Bets of $50 Each. Access 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. When betting online, you can take advantage of the intro promo consisting of 5 Second Chance Bets of $50 each.
PointsBet NY
- Availability: Online
- Launch date: January 2022
- Retail partner: Tioga Downs Casino Resort
- Licensed by: New York State Gaming Commission
- PointsBet NY Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched in New York in January 2022, just in time for the NFL conference championship games and the Super Bowl. Like PointsBet users from other states, New Yorkers will be eligible to receive a welcome promotion consisting of 5 Second Chance Bets of $50 each. Even though PointsBet partnered with Tioga Downs Casino Resort, it currently doesn’t operate a retail sportsbook at this location.
PointsBet OH
- Availability: Online
- Launch date: January 1, 2023
- Retail partner: Hollywood Gaming
- Licensed by: Ohio Casino Control Commission
- PointsBet OH Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched in Ohio on January 1, 2023, when online sports betting was first allowed in the state. Like PointsBet users from other states, Ohioans will be eligible to receive a welcome bonus consisting of 5 Second Chance Bets of $50 each. Even though PointsBet partnered with Hollywood Gaming, it currently doesn’t operate a retail sportsbook.
PointsBet PA
- Availability: Online
- Launch date: February 2022
- Retail partner: Hollywood Casino at Penn National (York)
- Licensed by: Pennsylvania Gaming Control Board
- PointsBet PA Intro Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet launched in Pennsylvania in February 2022, just in time for the Super Bowl. Like PointsBet users from other states, new Pennsylvania customers are eligible to receive a welcome promotion of 5 Second Chance Bets of $50 each.
PointsBet WV
- Availability: Online
- Launch date: August 2021
- Retail partner: Hollywood Casino at Charles Town Races
- Licensed by: West Virginia Lottery
- PointsBet WV Intro Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet debuted in West Virginia in August 2021, but it also went live with an online casino in January 2022. Although it partnered with Hollywood Casino at Charles Town Races, PointsBet does not offer a land-based sportsbook in the state. 5 Second Chance Bets of $50 each await all new customers at PointsBet WV.
PointsBet VA
- Availability: Online
- Launch date: December 2021
- Retail partner: Colonial Downs Racetrack
- Licensed by: Virginia Lottery
- PointsBet VA Intro Promo: 5 Second Chance Bets of $50 Each. Access here.
PointsBet expanded its reach to Virginia at the end of 2021 with the launch of an online and mobile sportsbook in mid-December. It partnered with Colonial Downs Group, which runs a racetrack in New Kent. Since you can only bet online in Virginia at the moment, there is no retail PointsBet sportsbook in the state. The new customer promotion on PointsBet VA gives bettors 5 Second Chance Bets of $50 each.
>> Read More: Which States is PointsBet Legal In?
PointsBet Promo FAQs
No, you no longer need a PointsBet promo code to receive the sign-up bonus.
Any eligible new PointsBet customer can take advantage of the intro promo.
You don't have to be a resident of a state to join PointsBet, but you do have to be physically located in one to place bets. You can typically register for an account and take advantage of the welcome bonus even if you are currently located in a state outside of where PointsBet operates.
Note that each state has its own age restrictions that you'll also have to meet—usually 18 or 21.
To max out the PointsBet Sportsbook welcome bonus, make sure your first PointsBetting bet is $250 so you can take advantage of each $50 Second Chance Bet. Also, be sure to use your Second Chance Bet each day for the first 4 days after making your first bet (5 days in a row of bets in total). If you do receive bet credits, you can learn about how to get the best return on investment from them with our Free Bet Calculator & Guide.
After the bet credits enter your account, you have 7 days to use them before they are withdrawn from your account.
There don't appear to be any odds restrictions on the PointsBet promo.
There is only a 1x playthrough requirement on the PointsBet bet credits, meaning you only have to bet them once before you can withdraw the winnings.
No. You can register for a PointsBet account in any state. You just have to be physically located in the state to place bets.
The PointsBet sign-up offer is one of the best offers currently available. It doesn't have the same total value as some sites like FanDuel and BetMGM, but it is nice that it is split up into 5 separate Second Chance Bets.
If you're having trouble with the registration process or have more questions about the intro bonus, you should contact PointsBet for additional 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]
Other PointsBet Resources
