PointsBet Sportsbook Review

PointsBet bonus offer

Disclaimer: PointsBet Sportsbook is not yet live in Michigan. This page will be updated after the site launches in state.

Owned and operated by an Australian company, PointsBet offers a unique alternative in the US online and mobile sports betting sphere.

Most traditional sports betting markets are available through its online sportsbook, but PointsBet promises a wider range of props and other markets for pro sports than most. Plus, PointsBet offers a vast array of unique promotions and access to its PointsBetting markets where you can win or lose beyond the amount of your initial bet based on the margin of victory in a game.

PointsBet is already up and running in New Jersey and Iowa and now has its sights set on Michigan.

In fact, PointsBet inked a partnership with the Lac Vieux Desert Band of Lake Superior Chippewa Indians in January 2020 to provide online and mobile sports wagering and online casino gaming in Michigan on behalf of the tribe. The Lac Vieux Desert Band of Lake Superior Chippewa owns and operates The Lac Vieux Desert Northern Waters Casino Resort in Watersmeet. The deal is contingent upon both obtaining the necessary regulatory licenses. That means as long as the two entities can get licensed, PointsBet’s mobile sports betting app and website platforms are coming to Michigan in 2020.

A PointsBet and Lac Vieux Desert Band of Lake Superior Chippewa Indians branded online casino site is also in the works. As a part of the deal, PointsBet will pay the tribe market access and a portion of the net gaming revenues derived from online sportsbook and online casino operations. PointsBet will pay the licensing and regulatory costs.

The following PointsBet review provides guides for signing up, betting, and getting money on and off the site, a list of ongoing promotions, and a summary of the betting markets available on PointsBet in Michigan.

PointsBet Sportsbook new player bonus

Expect PointsBet to hit the Michigan market with a number of new player bonuses as it has used this type of marketing strategy previously. Also, Michigan is allowing sports betting operators to deduct a percentage of free play offered from taxable revenue.

PointsBet Michigan new player bonuses will likely match at least what is available in other states, which is:

  • The Deposit $50, Bet $150 promotion, giving you a $100 bonus as long as you sign up with the promo code PLAYNJ (In New Jersey or Iowa) and make a $50 deposit.

POINTSBET BONUS CODE

Online SportsbookPointsBet Online Sportsbook
Promo CodeTBA
OfferDeposit $50, Bet With $150.
Deposit Bonus$50+ deposit = $100 Bonus
Last UpdatedJuly 2020

PointsBet 2020 promos

PointsBet runs promos that surround major sporting events like the Super Bowl and March Madness. Plus, regular promotions surrounding its most popular betting markets, including:

  • MAKE IT RAIN — College Basketball: Place a $50+ spread bet on a college basketball game and get a $3 bonus for every three-pointer your team hits.
  • MAKE IT RAIN — NBA: Place a $100+ spread bet on select NBA games and get a $3 bonus for every three-pointer your team hits.
  • PointsBet Parlay Refund: Get up to $50 back if one leg fails on a 5+ leg parlay.
  • -105 Pregame Spreads on ALL NBA Games: PointsBet offers -105 pregame spreads on all NBA games throughout the 2019/2020 NBA season.
  • No Rollover Requirements on Bonus Bets: There are no rollover requirements on PointsBet. That means no wagering requirements on bonus bet winnings.
  • Refer a Friend — $50 Bonus Bet: Get a $50 bonus bet for you and a friend when you refer that friend to PointsBet.
  • Cash Out: Settle a bet before a game ends to lock in winnings or cut your losses.
  • Name A Bet: Name a bet, and PointsBet will put a price on it. Tweet @PointsBetUSA with the hashtag #nameabet to name a bet.
  • PointsBet Karma Kommittee: Offers good karma payouts in the event of unlikely circumstances swaying the fate of the game. In other words, PointsBet has been known to refund bets when a team loses in unexpected and heartbreaking fashion. It even extends these refunds to those who bet at a competitor’s sportsbook.

PointsBet loyalty program

PointsBet offers its customers a traditional loyalty program. Check out the PointsBet “rewards” page to track your earnings.

Essentially the program offers one reward point for every $1 fixed odds wager, five reward points for every $1 wagered on parlays, and one reward point for every $1 won or lost with PointsBetting wagers.

These points can be converted into bonus dollars you can bet with.

How to sign up for an account at PointsBet

PointsBet makes signing up for a new account a relatively easy process. It takes just minutes before you can start betting.

You can sign up simply by clicking the “Sign Up” tab on the top right of the PointsBet homepage.

Just a minimal amount of personal information is required:

  • The PLAYNJ PointsBet promo code
  • Name
  • Email address
  • DOB
  • Last four digits of your Social Security number
  • Cell number
  • Address

PointsBet also asks you to provide a username and a password.

In addition, you must check various boxes acknowledging the Privacy Policy and Terms and Conditions, that you are 21 or older, and that you are prohibited from allowing anyone else to access or use your account. If all the statements you have made are true, there’s no reason why you shouldn’t be allowed to bet on sports in the state.

Finally, PointsBet uses geolocation technology to ensure you’re inside state lines.

Do all that, and you should be ready to make a deposit and start betting on sports at PointsBet in no time.

PointsBet sports betting mobile apps

You can access the PointsBet website on your computer via most web browsers. You can also manage your account and make bets with a mobile device using the PointsBet mobile app.

The PointsBet mobile app is available for iOS and Android devices, including mobile phones and tablets.

Apple customers will find the PointsBet mobile app available for download through the Apple App Store. Android customers will need to download the app from the PointsBet website.

The apps and browser versions offer the same betting and account management functions.

PointsBet betting options

PointsBet offers betting markets surrounding all the major US pro and college sports. Plus, there’s an extensive number of international soccer markets available. As a nod to its Australian roots, PointsBet offers markets on Aussie rules football, cricket, darts and rugby.

Here’s the full list of sport you can bet on at PointsBet:

  • Aussie rules football
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Entertainment (e.g., Academy Awards)
  • Football
  • Hockey
  • Mixed martial arts
  • Motorsports
  • Rugby union
  • Tennis
  • Soccer
    – England: Premier League, League 1 & 2 and FA Cup
    – Germany: Bundesliga and Bundesliga 2; DFB Pokal
    – France: Ligue 1 & 2; French Cup
    – Italy Series A & B
    – Belgium
    – Denmark
    – Greece
    – Mexico
    – Netherlands
    – Portugal
    – Spain
    – Switzerland
    – Turkey
    – US Major League Soccer

Types of bets available on PointsBet

There are several types of bets available for players to choose from on the PointsBet platform.

These include unique features, like custom bet, live betting and a cash-out option.

The basic betting types available on PointsBet include:

  • Point spreads
  • Money lines
  • Totals (over/under)
  • Futures
  • Props
  • Parlays
  • Teasers
  • Round robins

PointsBet also offers the following unique betting options:

In play

In-play wagering at PointsBet allows you to bet on ongoing live games in the middle of the action.

For the most part, it’s standard wagers at odds that are adjusted as the action changes.

‘Name a Bet’

The PointsBet “Name a Bet” feature allows you to create your own bet.

Propose a wager via Twitter @PointsBetUSA with the hashtag #nameabet.

Cash out

PointsBet offers a “cash out” option for some bets, allowing you to withdraw a portion of your winnings or cut your losses before the true outcome of a bet is determined.

PointsBetting

PointsBetting is unique to PointsBet. It offers you a high-risk, high-reward option where you can win or lose beyond your initial wager based on the margin of victory in the game.

For example, traditional spread bets on a team favored by 3.5 points pay off the same amount whether that team covers by a single point or ten points. However, PointsBetting wagers pay out more if the team wins by more.

Of course, there’s two sides to PointsBetting wagers, and the amount you can lose is impacted by the final score margin as well.

PointsBetting is designed to appeal to those seeking big payouts on blowout wins, but you should proceed with caution. If things go wrong, you can lose infinitely more than the fixed amount you would with standard betting.

PointsBet also offers a “stop-loss” feature to limit losses on PointsBetting wagers.

How to place a bet with PointsBet

Placing a bet with PointsBet is quite easy.

Of course, you need to log in to your account using the credentials you provided when you signed up.

Then it’s just a matter of browsing through the betting markets. The most popular are listed on the homepage, and any others can be found using drop-down menus listing the markets by popular events and sport.

See a line you like, click on it and you’ll be instantly transported to a bet slip where you can enter the amount of your bet, create parlays and add additional single wagers to the same ticket.

Click to confirm the wagers on your bet slip and place the bet.

Check back for the results of your bet after the game is over.

PointsBet deposit and withdrawal options

You’ll need to fund your PointsBet account before you can start making bets. Plus, you want to know how to get the money you win from your bets off the site.

Fortunately, PointsBet provides several options for both deposits and withdrawals that are easy to use.

Deposits

PointsBet provides a small variety of safe and easy-to-use deposit options, including debit, credit and prepaid cards.

Here are the different deposit methods available on PointsBet:

  • Credit or debit cards: PointsBet accepts credit and debit card transactions from Visa and Mastercard customers. Some issuing banks may not accept deposit requests from online gambling sites. Check with your issuing bank first.
  • ACH e-check: PointsBet allows deposits by ACH e-check drawing against your bank account directly.
  • PointsBet Card (EML): The PointsBet Card (EML) is a prepaid card you can buy and load through EML, then use to make a deposit with PointsBet.
  • PointsBet Mastercard: A Mastercard credit card available through PointsBet, providing easy deposits and instant withdrawals.
  • Cashier at Meadowlands Racetrack (NJ): You can fund your account with cash in New Jersey at the Meadowlands Racetrack. The same option may be available in Michigan at The Lac Vieux Desert Northern Waters Casino Resort in Watersmeet.
  • Online Bank Transfer: PointsBet accepts online bank transfers, allowing you to fund your account directly from your bank account online.

Withdrawals

You can normally withdraw money from PointsBet using the same method you used to deposit. If withdrawals are not available with your deposit method, PointsBet will help you make alternative arrangements.

PointsBet withdrawal methods include:

  • ACH e-check
  • PointsBet Card (EML)
  • PointsBet Mastercard (instant)

How to make deposits and withdrawals on PointsBet

It’s relatively easy to make deposits and withdrawals on PointsBet.

For deposits, simply log in to your account on the PointsBet website and click on the “Deposit” tab.

Choose the PointsBet deposit option that works best for you. Enter the amount you would like to deposit, fill in the blanks and follow the prompts.

Making a withdrawal is just as easy. Go to the PointsBet website, sign in to your account, click the “My Account” tab and enter the amount of money you want to withdraw.

The money should be transferred to your bank account immediately. However, it may take some time for your bank to process the transaction.

Contact PointsBet

PointsBet staffs a 24/7 live online chat line to provide customer support. There’s also a phone number staffed from 8 a.m. to midnight every day and an email option online.

In addition, PointsBet offers a “help” section online with answers to a variety of frequently asked questions.

Plus, PointsBet maintains The Revis Betting Academy, a series of educational blog posts and videos featuring former NFL star Darrelle Revis, a great resource for sports betting newbies.

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