Pointsbet is a new online sportsbook that’s quickly gaining ground throughout the United States. Is PointsBet legit? It offers a new kind of way to wager on different popular sporting events, rewarding players for being as accurate as possible with their wagers. Oh, and did we mention that there is a fantastic welcome bonus that is well worth picking up?
The sportsbook is different than others available today, and we’ll explore those differences with an in-depth comparison down below. Our PointsBet reviews are aimed at uncovering all you need to know in order to make an informed decision about the provider. We'll also quell any arguments for - or against - the possibility of a PointsBet scam. Is PointsBet legit? Let's find out!
PointsBet Sportsbook: Pros & Cons
Good maximum sports payouts
Exciting dynamic payouts
It’s possible to lose more than your balance
Pointsbet is no longer recommended by us, but we've got some great alternatives for you to check out!
Welcome Bonus & Promotions: Rewards, Insurance and Boosts
Is PointsBet legit when it comes to bonuses? There are several different bonus opportunities for gamblers at the PointsBet sportsbook. However, it should be noted that any PointsBet bonus can only be used by players if they are residing within one of the PointsBet legal states. New players can unlock an impressive bet insurance bonus worth up to $1,000 in insurance on a losing wager. The overall welcome bonus is split into two:
Get up to a $500 Refund (in Free Bets) if your 1st Fixed Odds Bet loses.
Get up to a $500 Refund (in Free Bets) if your 1st PointsBetting Bet loses.
In order to qualify, place a minimum bet of $0.50 on odds of -200. Refunds will be processed as free bets within 24 hours.
For gamblers that decide to stick around at the sportsbook site, there are also odds boosts that can be triggered when playing. These special boosts are set on specific matchups, giving gamblers opportunities to look for each time they sign on and start playing at the sportsbook.
Interested players should visit the Promos section of the website to see the current boost options available. There are also bonus bet matches provided for specific wager types at the PointsBet sportsbook. Players that aren’t afraid to bet on more specific options like a player’s home run count, or goal count of a certain team can unlock additional rewards while wagering. For even more information about the different bonus opportunities at the PointsBet sportsbook, see our bonus review here such as the Pokerstars free casino bonus review.
Usability: PointsBet Sportsbook Review
When considering any potential sportsbook usability should be the number one consideration made. Sites that are easy to navigate are the best options, while difficult-to-navigate sites should be approached with caution. At the PointsBet New Jersey sportsbook and other platforms for American Players the site is simple to navigate and the different bet opportunities take just moments to make use of. Joining the sportsbook takes minutes and signing in is just as quick. Once you are on the platform it takes just two or three clicks to find a match and place a wager.
All the different sporting events are listed on the side of the screen in a clean navigation menu. Selecting specific matchups is accomplished by clicking on the sport and then one of the current wagering opportunities. After doing that the odds are displayed and wagering is as simple as click on the desired wager and entering in a wager amount before accepting. The site is quick and easy to navigate and is a pleasure to use for anyone looking to place wagers fast. The only complicated aspect of PointsBet is the variable payout system. Prize payouts and losses are adjusted based on the severity of the win or the loss, which means you’ll have to do some additional calculations to determine what sort of payout is expected. The system does this work for you though, keeping things easy for gamblers that just want to wager and watch the match.
Devices & App: Android and iOS Support
When playing on a sportsbook platform it’s useful being able to place wagers using a mobile device like a smartphone or a tablet. There is a Points Bet app specifically for that purpose. Players at the sportsbook can download an iOS or Android app to make wagers while on the go. Both of the apps are simple to use and offer a wide range of features to interested players. Within moments of downloading the apps players with accounts can be placing wagers as long as they are in one of the supported states.
Interested iOS users must have at least iOS 9.0 or later to download the app and to get it to work on an iPad or iPhone. Android users must download the software directly through the sportsbook site, and the software should work on most modern Android devices released in the last few years. Players on Blackberry and Windows Phone devices can also wager on the go, as long as they have a web browser that will support the standard Points Bet Sportsbook platform. It’s possible to open up the site in a mobile web browser, to sign in and to make use of all the standard features that are offered. Mobile support at the PointsBet Sportsbook is excellent, but to learn more specifics about what is offered by the platform take a moment to read through our full PointsBet Sportsbook App review here.
Deposit & Withdrawal: Few Banking Options
PointsBet excels in many areas, but it’s lacking in terms of its banking options. Bettors will be underwhelmed by the different banking tools they have available to them, which means that they must get familiar with the options before joining to make sure one of them will work for deposits and withdrawals. Below is an overview of the different available options.
Here is an overview of all available payment methods:
PointsBet Sportsbook Review: Withdrawal Options
Completing deposits is simple to do as long as wagerers are comfortable using a credit or debit card, or they have access to a compatible online banking platform. Deposits can be completed in just minutes using a card, while banking solutions will take longer. Withdrawing winnings is more difficult without an online banking tool available. Some players may be able to get money out using a Check or wire transfer, but most players prefer to use the more rapid online banking tools that are compatible with the website.
Customer Service: Email, Live Chat and FAQ
When wagering at an online sportsbook it’s vital to be able to get help with any issues that arise. After all wagering at a bookie in person means that you have someone to ask for help with any problems that you face when placing wagers. The PointsBet sportsbook platform comes with several different customer support tools to help bettors get through their issues. Support will answer questions rapidly through a dedicated email address that’s simple to contact at any hour of the day. Email support answers questions within 24 hours, and usually much sooner than that. There is also a live chat service that players can contact for immediate help. The live chat tool is available directly through the website and messages can be sent back and forth in real-time using the tool. Add in a comprehensive FAQ tool and it’s simple to get answers to most questions on the same day that they arise at PointsBet.
Security & Licensing: The PointsBet Sportsbook is Legit
As seen in our "Is 888sport safe?" guide, the licensing and security of a provider should be one of the first things you consider. Online gambling should be safe and secure, and the PointsBet sportsbook platform is carefully secured to make it safe for everyone. The entire site is protected with SSL encryption for enhanced safety and secure banking. The software is verified by a third party to be fair and secure.
The website is also licensed to be used in different states throughout the United States. Gamblers looking to place sports bets can rest assured that they’re using a secure platform that they can count on to keep their money safe and secure as they place wagers online. PointsBet sportsbook owns a license in several states, so playing in these states is 100% legal.
Rewards and loyalty: Join the Pointsbet reward scheme
Pointsbet has an amazing reward scheme that gives you perks for the bets you put down. You don’t even have to win your bets to pick up reward points. The points that you earn can be traded in for bonus bet tokens that you can use to rack up more wins. Just remember that bets like parlay bets will give you way more reward points. So be sure to pick up these reward points and get your rewards!
PointsBet Sports Betting
Betting Offer & Live Betting: 17 Different Betting Options
Awesome sports bonuses
Flexible bet markets
At the PointsBet sportsbook there are a total of 17 different betting options to work with, this gives players access to most of the popular sporting events and some not-so-popular events as well. Players can easily open up the different betting opportunities and place wagers for the major sports contests that they’re interested in.
PointsBet isn’t a standard sportsbook though, because bettors are rewarded based on the results of the game in a variable way. Bettors don’t just win by guessing the outcome of a match properly, they are rewarded for more extreme match outcomes as well. So wagering on a team to win will pay out better if the team wins by a large margin. This system helps to make wagering feel more dynamic, and gives players a reason to watch each match and to focus on the details, even though the site doesn’t offer a dynamic betting system like some others do.
In terms of the possibility of a PointsBet scam, we're convinced that this provider runs a transparent and fair betting service. If anything were to suggest otherwise, our PointsBet reviews will certainly bring your attention to any discrepancies. As will our BetMGM sportsbook review.
Odds: American Odds Using Pointsbet Spread Betting
There are three different options available for odds at the PointsBet sportsbook. American players can set the site to display all odds in the American +100 format, but they can also be displayed in the 1.25 decimal format and the 1/25 fractional format as well. The different options are there to help make players feel comfortable when playing at the site, and gamblers can switch between these three settings whenever they like while using the platform or the Points Bet app. Check our BetStars test for a good comparison.
Live Betting: Fast and fun live betting platform
Pointsbet has a great live betting platform that makes it fun and easy to put down a live bet on your favorite sport. We found no shortage of live bets here that covered everything from major sports like tennis all the way down to niche sports such as volleyball. We didn’t see any kind of live streaming, but there was no shortage of different live betting markets. All of which should help you get lots of flexibility when betting live.
Before placing any wagers or even getting started with the PointsBet sportsbook it’s important to know about the different wagering limits and win limits. These limits are different for different sports and activities and they range in a major way depending on the betting market. The minimum wager amount for any sporting event goes all the way down to $0.50 per wager. The maximum amount varies based on the sports event, but the different win limits help offer an idea of what top wagers should be used. Placing a wager with a payout larger than the maximum limit would be a waste. Below is an overview of many of the maximum payouts by sport. The lowest maximum payout is just $1,000, while many of the most popular sporting events offer up to $500,000 in prize payouts per day.
Limits By Sport
NFL - $500,000
NCAA - $250,000
NBA - $500,000
MLB - $500,000
Major Soccer Leagues - $300,000 or $100,000 for other soccer matchups
NHL - $250,000
Golf PGA, Majors or WGC - $250,000
Tennis – Grandslam - $150,000 and ATP or WTA - $75,000
F1 and NASCAR - $100,000
UFC, WBC and WBA - $250,000
Rugby- Top Leagues and Tournaments - $100,000, Other - $50,000
Snooker – Televised - $50,000, other $25,000
Volleyball – Olympic or World Tournament - $50,000, NCAA - $25,000
Other Sports - $40,000
Before placing any wagers on different sporting events, players should make sure they are familiar with the different betting limits to avoid trying for a win that they can’t collect on. Placing too large of a wager can result in lost money if the payout is larger than the limit available.
Summary of the Sportsbook Offering at PointsBet
While some sportsbooks offer access to other wagering opportunities, such as a poker room or a casino, that’s not the case with the PointsBet sportsbook. Instead, the platform only has sports wagering opportunities. Players that join the site must be happy making sports wagers. Because the site only focuses on different sporting events, it supports a comprehensive list of sporting events. The site also gives gamblers more sports betting features to make use of when playing there.
PointsBet Review FAQ
🏈 Why is PointsBetting different than traditional sports wagers?
The main difference is that wagers placed on the PointsBet sports platform aren’t assigned fixed payouts. Winning by a wider margin results in a larger payout reward and losing by a wider margin results in a bigger loss.
📺 How does live betting work?
It might not be obvious that PointsBet even offers live wagering because there is no live wagering site. Players can place live wagers by simply visiting a betting opportunity for a live match and placing a bet. They will lock in the current odds when placing the bet. Find more opportunities to place live bets by reading the latest bookmaker reviews.
❌ Is it possible to cancel a bet?
Yes, to cancel a bet call 833-338-PBET within 15 minutes of placing a wager at the sportsbook and preferably right after placing the wager. Ask to cancel the bet and it will usually be cancelled as long as the match isn’t yet started. The top bookmakers provide you with responsive customer service departments in order to meet all of your queries and needs.
💵 Why are there different payout limits for different sports?
Each type of sport and specific sporting event has a total wager volume available based on the number of players that place wagers. It’s this volume that determines the maximum payout limit for the sporting event. Naturally, more popular sporting events come with the highest payout limits, while the less popular options come with lower limits.
➖ What happens if I get a negative balance?
It’s possible to get a negative balance while playing at PointsBet. To deal with a negative balance it is important to add a deposit to cover the negative amount as soon as possible. If a deposit isn’t made soon enough your account will be locked until paid in full and the withheld amount for leveraged wagers will increase to 100% of the potential loss.
PointsBet In Michigan Q&A - Will it launch?
PointsBet is a newer online betting company. Currently, they only offer bets on sports - and we expect the Michigan version will be the same. They do not have a casino offering blackjack, poker, or video slots. They offer 17 sports to bet on which means if you are into an obscure sport you can probably find it.
There is a useful welcome offer for New Jersey players, which may be the same for those in Michigan once it becomes available. The wide variety of sports offered is the reason to try the PointsBet sportsbook in Michigan. PointsBet betting in Michigan looks promising - and here's why.
PointsBet Michigan Bonus Offers
Is PointsBet legit in Michigan? While this site isn't available in Michigan yet, here are the bonuses they offer in New Jersey. When it does launch in Michigan they should be similar if not exactly the same. You can keep up to date with Online Sports Betting in MI right here.
Unlike the Tropicana Casino who have a Tropicana Online Casino Bonus Code PointsBet does not offer any no deposit bonus at all. In fact, there are no cash offers on the table at all. Instead, PointsBet offers you $500 in insurance on your first losing bets. What that means is that the first $500 you lose while betting at PointsBet does not cost you any money.
That is certainly a novel approach to a welcome offer. It's different from the typically matched deposit and free bet bonuses and gives bettors a bit of security when placing bets on their site. It's a thumbs up from us!
PointsBet Michigan Customer Service
As we said before, this site isn't available yet in Michigan. We tested the New Jersey version of the site and this is what we found. Is PointsBet safe? Read on to find out more.
PointsBet does have excellent customer service we have to say. They offer live chat 24 hours a day, seven days a week. They also have an email address for customer support if you have a problem that will require you to send over documentation. They do not have a telephone support line, but with the live chat, that really shouldn't be needed. Their email support may take several hours for you to get a response, so it's best to opt for the live chat. That said, their responses on both live chat and email were always correct, and they always asked us follow-up questions if they needed to.
PointsBet Michigan VIP Program
This site has yet to launch in Michigan. Here is what the VIP section is like in New Jersey: PointsBet does not have a VIP program at this time. That is probably because it is one of the newer online bookies and is still feeling its way around. Once a VIP program is rolled out, we'll be sure to let you know.
Conclusion: Summarizing the PointsBet Sportsbook Review
The PointsBet sportsbook is an interesting platform for wagering on sporting events that’s very different from most common sports betting sites. That’s because of the variable win and loss system that’s present. With a total of 17 different wagering categories and lots of standard and boosted bets, there’s something for everyone to make use of on the sportsbook. In our PointsBet sportsbook review, we were impressed that interested players were encouraged to sign up to try out the different features that the PointsBet NJ sportsbook has to offer. With up to $500 in bet insurance available from the beginning, there’s a good reason to start playing.
Pointsbet NJ - Moving on up.
Founded back in 2017, Pointsbet NJ started life in Australia back in 2017, before securing a partnership with the Meadowlands Racetrack and setting up shop in New Jersey.
The operator is fully licensed, regulated, and tested by the New Jersey Division of Gaming Enforcement, offering its customers the highest level of safety, fund security, and fair odds that compete with the best in the business.
Pointsbet has both a website and mobile app that are incredibly simple to use and packed to the rafters with promotions, betting opportunities, and much more. The competition is fierce amongst New Jersey sportsbooks, each hoping to become the number one operator across the state. We believe Pointsbet NJ is up there with the best of them.
Pointsbet MI - Providing the largest selection of sporting markets.
Backed by Northern Waters Casino Resort, Pointsbet MI is a solid sportsbook that can now legally provide Michigan-based players with something fresh, new, and exciting.
The sportsbook is home to some fantastic software, top security measures, and a plethora of Us and international sporting markets, including NFL, NHL, PGA Tour, UEFA Champions League, and more. All of which will have a great availability of moneyline, props, spreads, and in-play betting options.
Alongside traditional betting types and markets, Pointsbet MI also provides its customers with high-risk, high-reward betting options called Pointsbetting. In turn, this opens up hundreds of additional markets for players to enjoy and wager on.
Pointsbet IN - Top sporting action from the palm of your hands.
Indiana is slowly becoming an online sports betting haven, and the addition of its sixth sportsbook, Pointsbet IN, may just be the best one yet.
The operator started life down under before obtaining its master sports wagering license in 2020 and securing a partnership with Penn National - affiliating themselves with Indiana’s bricks-and-mortar Hollywood casino.
Now legal and licensed, Pointsbet IN was able to do what they do best - provide a secure, comprehensive, and customer-focused sportsbook that leads the scene in availability, usability, and much more.
As with all sportsbooks within the state, users must be over the age of 21 and physically be in Indiana before placing a wager. However, new customers can download the app or visit the website and sign-up from anywhere around the US.
Pointsbet CO - A recognized name across the Colorado scene.
Home to the operator’s US headquarters, it is unsurprising to see Pointsbet CO create a new home for bettors in the state of Colorado.
The name Pointsbet CO may be familiar to a few of our US readers after the operator became official sponsors of NBC sports and the Denver Nuggets. However, the site actually started life down in Australia before taking the US market by storm.
Pointsbet CO has partnered with Double Eagle Hotel & Casino, cementing its legal status in the Centennial State, with plans to expand further across the US as restrictions begin to lift.
The site features all the classic betting options like money lines, spreads, props, and plenty more, but it also offers a unique style of betting called PointsBetting. Pointsbetting provides 100s of additional markets that allow for some high-risk, high-reward betting action that you can place on the go, thanks to the intuitive Pointsbet mobile app.
Pointsbet IA - Rising to the top of the Iowa sportsbook rankings.
In early 2021, Pointsbet IA secured its position as fourth through the door after successfully completing its remote registration. Already, the site is a big hit amongst the Iowa betting community and shows no signs of slowing down.
The site offers new customers the chance to enjoy a deposit match bonus of up to $250, as well as plenty of rotating promotions for returning customers, including parlay boosts, money-back offers, and a VIP program that rewards players for their loyalty.
Of course, bonuses aren’t all that Pointsbet IA has to offer. In fact, the site hosts one of the most comprehensive sports betting libraries across the US and over 100 additional betting types that we are yet to see, thanks to their innovative Pointsbetting options.
Pointsbet IL - Taking the Prairie state by storm.
The Prairie State is beginning to build quite a portfolio for itself, providing some of the best sportsbooks across the US, including Pointsbet IL.
Pointsbet IL has secured a 20-year partnership with Hawthorne Racecourse, allowing the sportsbook to operate their online site and dedicated mobile app legally across the state. Much to the excitement of Illinois-based bettors, players of Pointsbet will unlock one of the most extensive sports betting markets across the globe, allowing users to place wagers on all sorts of exciting events throughout the year.
New customers can sign-up online or via the app, where we found everything to be accessible within a few clicks. The site is encrypted with the latest technology, and funds are stored in segregated accounts, providing the highest level of security.
Pointsbet NY - Sports betting in the Big Apple
Pointsbet NY has secured its license to legally operate across New York. Much to the delight of its sports fans, Big Apple bettors will now be gifted with the opportunity to unlock the Pointsbet welcome bonus and make use of this fantastic online sportsbook.
The welcome bonus itself is valued at $2000, but the whole sportsbook experience is priceless. Our review highlights what a secure, simplistic, stylish, and sleek sportsbook Pointsbet offer, overflowing with great sports fixtures and wagering opportunities. Beyond the welcome bonus, bettors can make use of regular promotions and perks, that'll keep the most dedicated bettors entertained and engaged for hours. We at Captain Gambling are suckers for sleek, secure, and sophisticated sportsbooks, and, as you can see, Pointsbet NY provides all of the above and plenty more.