Pointsbet Review & Rating US 2020
- Easy to use site
- Simple live wagering system
- Powerful variable payouts
- 17 different betting options
Read Our Pointsbet Rating Based On 10 Categories
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, that rewards players for being as accurate as possible with their wagers. The sportsbook is different than others available today, and we’ll explore those differences with an in-depth comparison down below. American players that are interested in learning about the different sports wagering options should take the time to read through our PointsBet sportsbook review and in-depth comparison that looks at the same key factors with each of the major sportsbook sites offered to players in the United States.
TABLE OF CONTENTS
Is PointsBet legit?
At CaptainGambling.com, we take the time to fully compare different sites and their features, including PointsBet in this review. 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!
- 17 different sporting events
- Good maximum sports payouts
- Exciting dynamic payouts
- Simple navigation
- Only sports betting is offered
- It’s possible to lose more than your balance
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 the following states, so playing in these states is 100% legal:
PointsBet Sportsbook Review: Looking at all the Features
A sportsbook review is only useful if it compares the same key features on every site. That’s why this review looks at the most important features of the PointsBet sportsbook, including the PointsBet points, the betting options, mobile support, banking options and more. By looking at all these key features the Pointsbet Sportsbook Review offers players information they can use to decide to play at the site or not. We'll be certain to answer the question, "Is PointsBet safe?". Moreover, we'll ascertain whether PointsBet is legit, as we so far think they are.
Betting Offer & Live Betting: 17 Different Betting Options
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.
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. New players can unlock an impressive bet insurance bonus worth up to $500 in insurance on a losing wager. These players simply place a bet and wait to be compensated if the wager goes bad. 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.
Bonus & Requirements
|Bonus Type||Risk-Free Bet|
|Example||Get 2x $500 Refund (in Free Bets)|
|Max. Time||7 days|
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.
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
- Online Banking
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.
Limits & Payout: Pointsbet Sportsbook Legal Limits
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.
PointsBet Review: Is PointsBet legit?
Is PointsBet legit? Limits are put in place to protect the end consumer, and thus gives us good reason to think that PointsBet is legit.
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.
- Download the PointsBet mobile app
- Register as real money player
- Make a deposit and make fixed odds and points bets on the go
More Offerings: Just Sports Betting Found in Our PointsBet Review
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 In Michigan - 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.
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 typical 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.
PointsBet Review FAQ
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.
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.
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.
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.
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.