PointsBet Online Sportsbook: Review And Promo Code

Visit: PointsBet IL

PointsBet Online Sportsbook is unlike most other sportsbooks out there in the sports betting marketplace.

Sure, there is the traditional way of betting with these guys, but there is also a method that most are not familiar with. Points betting takes the standard way of betting as we know it and adds some spice into the mix.

Imagine you are betting on a football game between New York and Dallas. If Dallas is a three-point favorite, it only needs to win by four points or more to cover the spread – a three-point win would be a push or a tie.

For the sake of education, let’s take New York at +3 in this matchup. Low and behold, New York ends up winning the game by the score of 24-17.

If you bet $10 in this points-betting scenario, you would walk away with $100 (winning $10 for every point you won by – the three on the spread plus the other seven from the actual game). If you bet $10 on Dallas at -3 and won by the final score of 24-17, you would win $40 for the four points it won by.

Now, this does go both ways. If you bet $10 on New York at +3 and they lose by the score of 24-17, you’ll end up losing $40 ($10 for each point they by on the spread). On the flip side, if you bet $10 on Dallas at -3 and it ends up losing by the final score of 24-17, you would lose $100 for every point it lost by on the spread.

Whew! Hopefully, we’re all caught up now.

Currently, PointsBet Online Sportsbook is legally available to residents in Illinois, Indiana and New Jersey. In August 2020, PointsBet and NBC Sports announced a 5-year partnership, which could increase the sportsbook’s visibility across the US.

New Player Bonuses At PointsBet Online Sportsbook

  • Just for signing up, new players receive two risk-free bets up to $100 each ($200 total).
  • One risk-free bet, which can be up to $100 in value, is for use as a fixed odds bet. The other risk-free bet, also up to $100 in value, is for use as a points betting bet.
  • If any of your bets lose, your refund will be processed and sent to your account as bet credit within 24 hours.
PointsBet Sportsbook Promo CodeBIGBONUS
PointsBet Sportsbook Risk-Free Bet$1,500
Terms And Conditions Available?Yes
PointsBet Sportsbook: Available StatesIllinois, NJ, Indiana
Compatible With Apple + Android Devices?Yes
Promo Code Last TestedOctober 2020

Promo Code Comparison

Currently, PointsBet has a welcome bonus of two risk-free bets of up to $200 – one bet for the regular odds and the other for points betting. It’s nice of the company to give customers an opportunity to try out the points-betting method, considering not too many people are familiar with it.

When it comes to dollar amount, PointsBet has a bit of catching up to do with the competition. There are a couple of sites (DraftKings and BetAmerica) that are offering bonuses of up to $1,000, while others are offering bonuses in the $500 range.

The pricing on PointsBet leaves a bit to be desired, considering some of the lines are a bit pricier than most. As we’ve mentioned before on the FanDuel Sportsbook app, those spreads are typically set in the -/+105, -/+110, -/+115 or -/+120 range.

On PointsBet, though, you are not going to see those rounded numbers. In fact, you’ll even see some pricing that is a bit over the top.

Where PointsBet Online Sportsbook Gets It Right

Intriguing And Engaging Points Betting System

Obviously, the points betting aspect is something that’s very exciting (especially, if you think a huge blowout will happen).

A few seasons ago, a man placed a lucrative $10,000 bet on a game between the Buffalo Bills at Minnesota Vikings under the points-betting rules. The Bills were 16.5-point underdogs and wound up winning the game outright by the score of 27-6.

That man’s $10,000 bet was multiplied by the difference in spread and game result (37.5), which totaled out to $375,000.

Appeals To Younger Demographic

PointsBet does have a very youthful and vibrant marketing campaign, led by former Philadelphia 76ers guard Allen Iverson and New York Jets player Darrelle Revis. Each of them have unique tutorials on the PointsBet website, which give you a better grasp on the points-betting system.

Sportsbooks and athletes should work more together. When we think about sneakers, clothing, and other items of luxury, it is usually athletes that are paid to endorse these items – and boy, do they bring in the money.

Perhaps, other sportsbooks could take it to the next step and get some athletes involved to create newer contests that make sports betting even more exciting.

Individual Player Betting

In addition to the traditional and points betting methods, PointsBet does have a fantastic way to bet on individual players.

Bettors from the daily fantasy sports field will enjoy the competition as it is basically a performance-based number that a player must hit. For example, a baseball player would need to reach 37 points by accumulating different results (i.e. single = 10 points, double = 20 points, triple = 30 points, home run = 40, etc).

Where PointsBet Online Sportsbook Can Improve

Add An Online Casino

Unfortunately, PointsBet does not have the online casino games to entertain its customers. More importantly, PointsBet is missing out on extra income during tough times for sports betting such as the coronavirus pandemic in 2020.

Deposit Options

  • Debit And Credit Cards – Visa And Mastercard
  • ACH/e-Check
  • Online Banking Transfer
  • PointsBet Mastercard
  • In-person At Cage At Meadowlands Racetrack (NJ) Or Hollywood Casino (IN)
  • PayNearMe

Withdrawal Options

  • ACH/e-Check
  • Online Banking Transfer
  • PointsBet Mastercard
  • In-person At Cage At Meadowlands Racetrack (NJ) Or Hollywood Casino (IN)

Who Will Enjoy PointsBet Sportsbook

People who love taking chances will absolutely love the points betting method on PointsBet. As we mentioned earlier, one bettor was able to capitalize on quite a massive payday that landed him just under $400,000 on one game! If you have that type of fortitude, PointsBet will certainly be the place for you.

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