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PointsBet Review & AU Rating 2021

Is PointsBet Scam or Legit?

Welcome to the PointsBet Australia Review here at CaptainGambling.com, where you can find out all about Australia’s one and only spread betting service!

New to spread betting? Then what better place to do it than with a fully Australian owned and licensed website with 24/7 customer service and an excellent loyalty programme via the PointsBet Rewards Points.

As well as a strong focus on racing, you’ll also find excellent betting markets and odds on AFL, NRL and American sports with PointsBet.

PointsBet: Pros & Cons
  • Bringing spread betting to the Australian Market
  • A different way of betting to the norm
  • Rapid sign up process
  • Fully Australian owned & operated
  • No Apple iOS app available

PointsBet Reviews: The Bonus Offer

Is there a PointBet Sign Up Offer?

Due to the new strict Australian gambling laws, PointsBet, alongside all other online bookies in Australia are unable to offer you a sign up bonus in any way, shape or form. Not to worry though, as PointBet Australia offer the very best they can in complete compliance with these rules – and the fact that it is the only spread betting service in Australia is a bonus in and of itself. For more traditional, fixed odds style bookies, check out our BetStar Reviews & SportsChamps Ratings.

Usability, Look & Feel - Our PointsBet Reviews of the site & app

Website

The PointBet website is slick, modern and offers an innovative design and colour pallet. They’ve bucked trends by going for the black background, allowing the red and white colours from their logo to stand out nicely. When it comes to the layout, the site is different to most online betting sites in Australia, but in a good way. Information is neatly displayed and everything you could possibly want is a mere few clicks away – from betting markets and odds to the FAQs & customer service team (who, by the way are super helpful).

You can always find the bet slip on the top right hand corner of your screen alongside your account information. Promotions and special events are advertised in a slidebar, but are in keeping with the theme and are innovative and not at all gaudy. In a world where almost all other Aussie gambling sites look like a carbon copy of Ladbrokes, PointsBet is a breath of fresh air. Would we say that this is among the sports betting in Australia? Absolutely!

PointsBet Ratings: The mobile app

Just like the website on which it was modeled, the PointsBet app runs smoothly and is extremely user friendly. Often, apps that have been built as a secondary product to the website are a bit slower and can be subjected to lagging, but that’s not the case here, we’re pleased to say. The interface should be familiar enough to seasoned punters and should be easy enough for betting newbies to understand, and as with the website, the bet slip is always readily available to you. The PointsBet team also keeps on top of the up as well, with updates coming on  a monthly basis at the very least.

Overall, if you want to place bets on the move, then the Pointsbet app will serve you well. You might have read some PointsBet reviews reporting a lack of data and tips found on the website and in other betting apps. However, we’re pleased to say that such reviews are outdated as improvements have been made spectacularly in these areas.

Payments - Funding Your PointsBet Australia Account

Deposits

PointsBet has a small selection of just 4 different payment methods that you can use to deposit into your account; credit/debit card, Poli, bank transfer and cash in. If you want your deposit to be made instantly, then credit/debit card or POli is the best way forward. In fact we’d recommend POLi is the top payment method overall with our Pointsbet ratings. In the absence of PayPal, POLi offers a suitable alternative that’s both safe & secure and doesn’t share your payment details with the betting site itself.

If you make your bank transfer deposits or cash ins via an ATM before 5pm AEST, then your deposit should appear in your PointsBet account within 2 hours. If you make your deposit anytime after, or on a weekend, it’ll be processed the following business day. There are no fees charged from PointBets’ side, however your bank may apply charges – so double check this in advance.

Withdrawals

Our PointsBet reviews also looked into the withdrawal options. There is a turnover requirement that needs to be met in order for you to withdraw your funds with PointsBet Australia. In order to make your funds withdrawable, you’ll need to bet through them dollar for dollar. You’re able to keep track of this very easily in your account – just go to your banking info and you’ll see your “Total Balance”, at the top, with your “Withdrawable Amount” below. For example, let’s say you have a total balance of $1000 and a withdrawable balance of $900. In this case you could either just withdraw the $900 or bet through a further $100 in order to make that the full $1000 withdrawable.

You can request a withdrawal by clicking the button in your account and entering the details of the bank account to which you wish to withdraw. If you request your withdrawal before 3pm AEST Monday-Friday, then it should reach your account by the evening on the same day. However, it should be noted that it can take upto 48 hours.

Credit Card

Customer Service - PointsBet Reviews About Getting in Touch

PointsBet has an excellent customer service team that you can contact 24/7 via live chat, email and over the phone. In addition, there’s also the PointsBet support center, which is extremely detailed and well put together. As well as serving as an FAQs section with payment and betting information, along with the terms and conditions, it also has a lot more to offer, such as a troubleshooting section. Should you need to contact the team, the best way to get in touch is via the live chat or by calling them up directly.

You can use the live chat service to ask questions without registering an account, as long as you enter your name and email address. In our experience, the customer service agents we dealt with via the live chat and over the phone were extremely helpful. Unlike other Australian bookmakers, there isn’t a separate number dedicated for placing bets, instead there’s a single phone number for customer service and placing live bets over the phone.

License & Security - Is PointsBet Reliable?

In terms of security our PointsBet ratings are pretty solid as the site is secured using 2048 bit SSL encryption technology. This ensures safe transactions and account verification, ultimately meaning that your funds and data are well protected from online hackers, fraud and theft. When it comes to the legal side of things, PointsBet is licensed and regulated by the Northern Territory Government, and for Southern Australian residents, all gambling transactions with PointsBet are governed by the Code of Practice.

So, is PointsBet secure overall? After all, it is not a household name like, for instance, Ladbrokes. And, while we would never ask a question like ‘is Ladbrokes reliable?’, you might have your doubts about a smaller operator like PointsBet. Happily, the answer to the question ‘is PointsBet secure’ is an unequivocal yes. As well as being legally operational here in Australia, Pointsbet is also available in some US states, and holds a license in New Jersey among others.  PointsBet is an approved sports betting operator by the AFL, NRL, Rugby AU, Cricket Australia, the FFA and Tennis.

Since the introduction of stricter gambling laws in Australia, PointsBet has managed to be flawlessly compliant without compromising the overall quality of their product. As you will have seen from our “Customer Service” section, PointsBet have gone some way to building up a trusted relationship with their client base as a whole. Technically speaking, this might not make up a part of licensing and security measures, but brand trust goes a long way to making us feel more confident in the reliability of the operator overall. So referring back to the title question, Is PointsBet reliable? – It’s resounding yes from us!

If you want to find more sports betting operator security reviews, check out our answers to the questions, “is BBet reliable?” and “is MoneyBall secure?”

Rewards & Loyalty Programme - What other PointsBet bonuses could we find?

As we mentioned in the above section in our PointsBets reviews, new Australian laws do somewhat limit the amount of bonuses and promotions that online sportsbooks are now able to offer in this country. The biggest setback here is that sign up offers and welcome bonuses have effectively been resigned to the history books. However, PointsBet Australia and other online bookies in Australia are able to offer plenty of special features to their existing customers.

Rewards Points

PointsBet rewards their more frequent and loyal customers with their Rewards Points system. You can gain Rewards Points by placing more bets then, once you have them, you can trade them in. You can see a full guide on how many points you can get for each bet type in the Features and Promotions section of the support center.

PointsBet Sports Betting

Betting Markets - Our PointsBet Australia ratings

Like every good Australian bookmaker, PointsBet gives a lot of wait to the racing betting markets that they have on offer. However, with this being a spread betting bookie that’s also available in the United States, NBA and other American sports markets are also pretty solid, and come with strong odds and good promotions to boot. European soccer also gets its fair share of the center stage here, especially the EPL. More niche sports betting markets with PointsBet Australia include surfing, Gaelic Football and Hurling. Fans of combat sports are kept happy with the boxing and MMA markets available. Throughout the year, PointsBet offers odds on over 150,000 races and over 85,000 sporting events.

Odds - What are the odds at PointsBet AU?

PointsBet might be best known as Australia’s one and only spread betting operator, however they also offer fixed odds betting as well. But how do our PointsBet ratings for the odds hold up against some of the competition. Given that, technically speaking, fixed odds betting in PointsBets secondary product, their fixed odds on racing and other sports are more than competitive. This shouldn’t actually come as too much of a surprise, as spread betting is yet to take off here in Australia in a big way, it only makes sense that they’d want to reel in Aussie punters with what they know first. Furthermore, PointsBet’s two founders both previously held high up positions for TomWaterhouse.com, so they were no stranger to the betting world. As standard, the odds on the PointsBet Australia website are displayed in decimal form.

Live Betting & Streaming

PointsBet has perhaps the best and most dedicated live betting service in Australia at the minute. Due to the fact that Australian gambling laws prevent operators from allowing an online betting service, many online bookies don’t dedicate too much of their site to this form of betting. This is in spite of the fact that nearly all Australian online bookmakers do offer a live betting service over the phone. When live events are ongoing, the PointsBet home page will tell you how many live bets are on, as well as providing you with the live odds for each bet as a potential outcome. Of course, you’ll have to ultimately call them up to place your bet, but all of the info you could possibly need before hand is neatly displayed on the screen in front of you.

Limits - Betting limits at PointsBet

The maximum amount you can win within a 24 hour period with PointsBet is $50,000, which is low compared to some competitors but is still a lot of money realistically, There’s no withdrawal limit, however remember that the turnover requirement is dollar for dollar, which is a lot to go bet through if you have a big money balance that’s not yet ready to withdraw. There are no deposit limits either, however you have the option to set yourself a daily, weekly, monthly or yearly deposit limit should you wish to manage your budget.

Product Summary & Conclusion - Excellent for spread betting

Although the headline here is that PointsBet is Australia’s only spread betting service today, you shouldn’t make the mistake of thinking that their fixed odds betting service should be overlooked. Far from being the case, our Pointset ratings for fixed odds betting actually surpass some of their competitors – especially when it comes to the live betting options. Would we recommend PointsBet to you? Absolutely!

Overall Conclusion - Our Final PointsBet Ratings

If you’re after spread betting, then you can’t really look further than our PointsBet reviews, as this operator is your only choice. Fortunately, however, it is a great one – as well as being Australia’s only spread betting service, PointsBet can also offer you a good range of betting markets, excellent odds and perhaps the best rewards system out of any online betting site in Australia. Add to that the excellent website and app and you’ve got a winning recipe that’s only going to get tastier!

PointsBet Reviews FAQ

✅ Is PointsBet legit?

PointsBet is an Australian owned spread and fixed odds betting operator that is available in Australia and in 12 American States, including New Jersey and Colorado. You can find all of the details regarding PointsBet’s licensing and regulation everywhere in which they operate by consulting the guide at CaptainGambling.com. Here not only will you find out if PointsBet is legit, you’ll also find out if it’s legal where you are.

❓ Do PointsBet offer a sign up bonus?

You can find all of the details regarding the bonuses, rewards and loyalty promotions right here in the PointBet Review at CaptainGambling.com. This Australian review site is created by gambling experts and aims to give you all the knowledge you need before registering with an online sportsbook and claiming their offers.

🇦🇺 Is PointsBet Australian?

PointsBet is a unique spread betting and fixed odds betting service that’s available in the Northern & Southern Territories of Australia as well as in 12 States in the USA. But in which of the two countries is it actually owned and where does it come from? Find the full answer right here with CaptainGambling.com!

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