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Review: PointsBet Sportsbook

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In this expert review, you will learn everything about Pointsbet Sportsbook. Find no-deposit bonus codes, free bets, and everything about their welcome sportsbook bonus here!

When the PointsBet sportsbook launched in 2019, many were skeptical of its spread-heavy concept. But against all odds, this unique betting site prevailed and became one of the most popular brands in the entire country. This got the Gambla team thinking – where does PointsBet rank amongst the best betting sites in the US? Thus, a PointsBet Sportsbook review was in order.

Our goal was to explore not just the betting markets, but also payment options, bonuses, and other ‘peripherals.’ Once you’re done reading, you’ll know exactly whether or not PointsBet is the right fit for you.

Judging by their credentials, we’d say they have a good shot. So, let’s find out, shall we?

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Payment Methods
E-Check
Prepaid Card
PayNearMe
+
License
Virginia (US) Lottery Board
Withdrawal
1 – 5 Days
Company
PointsBet Australia Pty Ltd
Founded
2022
Website
pointsbet.com
Available Languages
EN
Customer Support
Live Chat, Phone, Email Support
Email
support@pointsbet.com
Phone
13-PBET (13 72 38)
Overall Rating
Rating follows
  • Bonus Offers & Free Bets
    4.2/5
  • Usability, Look & Feel
    4.4/5
  • Mobile App
    4.4/5
  • Payment Methods
    4.4/5
  • Customer Service
    4.5/5
  • Licence & Security
    4.3/5
  • Rewards & Loyalty Program
    4.3/5
Last Updated on March 9, 2024
Fact checked by: Chris A

Free Bets at Pointsbet Sportsbook

Pointsbet has the following no deposit bonus for their players: 5 x $50Bet Credits!

The Usability of PointsBet

Positive
Negative
  • In most US betting markets
  • Fast website
  • No casino offering

Although PointsBet Sportsbook is available in over a dozen states, that doesn’t automatically make them the best option. Instead, what sets them apart is their overall approach to the site’s design. Unlike most bookies, they don’t use tricks or gimmicks to force people to spend time on the website.

The UI is very lightweight and makes excellent use of the Holy Trinity of sportsbook colors – black, white, and red. There’s no clutter, which results in fast loading times. We’ve never experienced bugs while testing the mobile and desktop versions of the site.

In addition, our team also noticed PointsBet is regularly updated with new bits and pieces. There’s nothing better than a betting site always seeking to improve.

Even placing a bet is easy, thanks to the always available My Bets tab on the right. You don’t have to look through multiple sections to find your bet history or unsettled bets. They’re right there, in My Bets, next to the bet slip creator.

And there are other ‘little things’ we at Gambla appreciate, such as easily accessible information, easy payments, and the availability of PointsBet in Spanish. Now that’s what we call hitting it out of the park.

Pointsbet got a big selection of sports betting categories

PointsBet Mobile App

If PointsBet Sportsbook is available in your state, you can download the official app for Android and iOS. There are links on the website, but a manual search on your OS’s app marketplace will do, too. Looking at the aesthetics, it’s clear that PointsBet used the same user-friendly approach when developing the mobile software.

Yes, the overall theme is pretty much the same as on PCs and Macs, but the layout is different, and the UI uses every inch of space. We don’t mean this in an invasive way, though. Empty spaces and content work well together, which creates a comfortable feeling when browsing the markets.

What if phone screens are too small but desktops are too big for you? Easy, you just start playing on a tablet. Throughout our tests, PointsBet Sportsbook performed excellently on iPads and newer Android tablets.

Payment Methods at PointsBet

Easiness seems to be name of the game, and it sure is easy to make deposits at PointsBet sportsbook. All deposits are instant, no matter the payment methods you’re using. The exact deposit options depend on the state you reside in.

Since this bookie operation is available in 10+ jurisdictions, they must abide by different rules. As a result, not everyone has the same banking experience at PointsBet.

Nevertheless, you’ll still find the usual suspects, such as PayPal, ACH/eCheck, Bank transfer, and PayNearMe. We also love the fact that you can deposit with Trustly in some states. This is one of the best and safest banking gateways, so you’re bound to have a smooth ride.

In addition to deposit and payout methods available in each state, you can also conduct transactions at the following PointsBet cash cages:

  • Bally’s Atlantic City Hotel & Casino (NJ)
  • Club Hawthorne Crestwood, Club Hawthorne Prospect Heights, Hawthorne Race Course (IL)
  • Cash at Catfish Bend Casino (IA)
  • Cash at Meadowlands Racetrack (NJ)

If this sort of collaboration seems strange, it’s because some states legally require online sportsbooks to enter partnerships with existing online casinos. Even though it’s a concept pushed by casino owners, PointsBet players can capitalize on the opportunity and get instant cash withdrawals.

The minimum deposit is $5 or $10, depending on what payment option you’re using. As for the maximum deposit, it depends on your location and payment method. However, most options have a $50,000 cap.

When it comes to payouts, the situation is a bit different. There is no limit on how much money you can pull from your account, but there is one on wins. Every sport/league has a cap on winnings, with US sports topping the list.

Customer Service at PointsBet

PointsBet customer support is available 24/7 via live chat and email. Right off the bat, we had to give them bonus points for including live chat. It’s by far the easiest way to reach out for help, and we had a nice time using it. As usual, we ran a little test where we asked the agents a bunch of random questions, with a mix of obvious and obscure ones.

Derrick responded with a string of concise and useful answers. He even provided additional tips and resources. At no point did we feel lost and confused, so hats off to PointsBet.

In addition, we believe players will love the Help Center. It has an extensive collection of FAQs. And as the cherry on top, it doesn’t use legal jargon or long-winded explanations.

Log in and Register on PointsBet to claim a Big Betting Bonus

Licenses Held by PointsBet

PointsBet online bookie launched in 2019, making its debut in New Jersey. Since then, they haven’t been shy about expanding into other states. As a result, early 2023 saw this sportsbook available in the following US states:

  1. Colorado
  2. Illinois
  3. Indiana
  4. Iowa
  5. Kansas
  6. Louisiana
  7. Maryland
  8. Michigan
  9. New Jersey
  10. New York
  11. Ohio
  12. Pennsylvania
  13. West Virginia
  14. Virginia

Also, they’ve signed market access deals in AZ, MS, MI, and TX. This gives them priority access when online sportsbooks finally become legal in these states. PointsBet’s reputation is additionally bolstered by the fact that they are partners with the NBA, NFL, NHL, MLB, and PGA Golf.

On top of all these licenses and credentials, this bookie has no unresolved complaints or skeletons in the closet. They’ve paid all our withdrawals in full and on time, leading us to conclude they’re honest and legit.

Player Rewards at PointsBet

If you’ve been reading our previous sections closely, the Promos section won’t surprise you at all. It has that signature PointsBet touch. For starters, you’ll receive 5 second chance bets up to $50. This is slightly different from a deposit bonus, but it works pretty much the same way and is geared toward pros and high-rollers a bit more.

Then, you can enjoy some of the bookie’s promos for regular players. Our favorite was the PointsBet Personal Good Karma Refund, a unique option in online sports betting. If you’ve placed ten or more bets during the month, you can pick the most painful loss and get a refund.

There are also plenty of tournaments and promos for special occasions. Changes were frequent throughout our review process, and there was always something new to enjoy. Another win for PointsBet, it seems.

Sports Betting Markets at PointsBet

First things first, we have to solve the enigma surrounding Points Betting. This is a special concept created by this sportsbook, and it offers flexible winnings and losses. For example, let’s say the Clippers are playing the Lakers; the points spread is 245.5, and you wagered $10. If the bet wins, you won’t receive a fixed payout.

Instead, this and every other bet is separated into points – bits of value relating to the market you’re betting on. In our example above, the game finished with the teams scoring 280. That’s 35.5 points more than the spread, and the number is multiplied by the wager, giving you $355.

While the concept is certainly intriguing, it also allows for infinite losses. If the game ended with 200 points, you’d be on the hook for a $455 loss. Thankfully, there’s a stop-loss feature, but it also caps your winnings.

As impressive as Points Betting is, Gambla is even more impressed with the traditional markets at PointsBet. Their coverage of American sports is simply unparalleled. Even random XFL games get 150+ markets per event, with big NFL and NBA matchups sometimes having 300+.

If you’re into foreign leagues, you’ll also like how PointsBet covers the Premier League, Champions League, and other big soccer competitions. Over time, we only became more convinced of this bookie’s versatility.

Sports Betting Odds at PointsBet

While the Points Betting system would be a perfect excuse to have low odds, PointsBet didn’t go down this route. According to our tests and comparisons, their odds are in line with industry averages. In fact, they were always the first or second bookie to release odds in every state we’ve tested them.

There’s also a section for Booster Odds, which lets you increase your potential winnings on select events. This is usually for big-time occasions or events with lower volatility. But even without that, you can rest easy and not place every bet with the fear of getting rinsed by the bookie.

Visit the betting lobby on Pointsbet Casino

Sports Betting Limits at PointsBet

There are no betting limits signified or mentioned on the PointsBet website. When you also consider the fact that deposits can go up to 50k and that there’s no maximum withdrawal limit, it’s easy to see why PointsBet is considered heaven for high-rollers.

Nevertheless, there are still caps on how much you can win. Depending on which league or sport you want to bet on, there’s a different max value. Even if the odds are sky-high, PointsBet won’t pay you more than the maximum amount. To see the full list, visit the House Rules section.

Frequently Asked Questions about Pointsbet

Does PointsBet Sportsbook let you cash out?

Yes, the cash-out feature is available at PointsBet Sportsbook. However, you can only use it on certain events and markets, as decided by the sportsbook itself. Once you’re on the homepage, just look for a Cash Out icon on the event page or your slip.

How can I withdraw from PointsBet?

  You can withdraw your winnings from PointsBet using options such as PayPal, online banking, ACH, etc. Just make sure your account is verified and you’ve fulfilled any bonus conditions, such as rollover requirements.

Is PointsBet a legit sportsbook website?

Yes, PointsBet is a safe and legitimate betting site. They have licenses in over a dozen different states and business relationships with the Big Four leagues of US sports. In addition, we’ve seen no unresolved complaints.

What is Points Betting?

Points Betting is a special betting format developed by PointsBet. You can wager on values, such as player points, sacks, rebounds or whatever else stat, and win more money if the outcome is better than expected. For example, let’s say you’re wagering $10 on Giannis Antetokoumpo scoring 25 points and he scores 50. Instead of a fixed fee, you’ll receive $10 per point, which is 25 in this case.

Is Points Betting risky?

Although Points Betting works similarly to regular sports betting, the concept allows for theoretically infinite losses. That’s why this betting format isn’t recommended for beginners. However, using a stop-loss order can put a hard cap on your losses

Conclusion

PointsBet Sportsbook certainly brings a lot of things to the table. Of course, the highlight is the Points Betting feature, which allows for theoretically infinite wins and losses. But that’s just the tip of the iceberg if you ask Gambla. This bookie also offers plenty of exciting bonuses, including a monthly opportunity to recoup your worst loss.

The excellent banking section serves as a great overture to the market-rich homepage. There are 300+ markets per event, which trumps most other sportsbooks we’ve reviewed. All this leads us to the conclusion that PointsBet is, without a doubt, one of the best legal US betting sites.

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