When you sign-up through links on our site, we may earn an affiliate commission. Learn more >

Image for Bill Krackomberger Bill Krackomberger - Updated February 8, 2023

PointsBet Promo Code and Sportsbook Review


PointsBet Sportsbook Review

Unique PointsBetting system
Unbeatable rewards
PointsBet Sportsbook welcome Bonus

Get 5 x $50 Bet Credits

Claim Now

21+ | T&Cs apply

Currency Dollar
min deposit $8
min withdrawal $8
Live Chat
Live Casino
Available in Virginia
Impressive variety of bets and sports
Innovative PointsBetting format
Generous welcome bonus
Slightly cluttered platform

PointsBet is legal in New Jersey, Indiana, Iowa, Illinois, Colorado, Michigan, New York, Pennsylvania, Virginia, and West Virginia.

Of the many online sportsbooks that have opened up in New Jersey since sports betting was legalized in late 2018, PointsBet online sportsbook and the Pointsbet app may be the most innovative of them all.

PointsBet sportsbook is a great choice for gamblers looking for something fresh and new.

The site still features all the traditional sports betting options like money lines, point spreads, totals, props, and lots more, but it also offers an original style of betting called PointsBetting.

With PointsBetting, the more your bet wins, the more you profit.

In this expert review, we’ll explain PointsBetting in detail and we’ll also dig into all of the site’s most important features to find out if PointsBet.com is a good place to bet on sports in your state.

This review includes a thorough examination of:

  • The PointsBet betting site and app software.
  • A complete explanation of PointsBetting and what makes it special.
  • All the sports and more traditional kinds of bets you can make at PointsBet.com.

We’ll also explain how to sign up and get great bonus bets, and all the options for depositing or cashing out money from PointsBet.

We’ll tell you what PointsBet is doing right as well as the areas we think could be improved. Our goal is to give you an honest assessment of the online sports betting site and app so you can decide if it’s right for you.

PointsBet Sportsbook App Video Review

Professional sports bettor, Bill Krackomberger, reviews the PointsBet Sportsbook app, sign-up bonus, promotions, betting lines, and more. Take a look at his short review, below. For more video sportsbook reviews, head to WSN’s YouTube channel.

Is Betting on Sports at PointsBet Legal?

Yes. PointsBet is 100% safe and legal to use as long you’re in one of the states where PointsBet is legal when you’re betting. Bet safely and legally with PoinstBet if you are in New Jersey, Indiana, Iowa, Illinois, or Colorado. If you’re looking for more sportsbook bonuses in one of these states we have that covered for you, check out the best sports betting bonuses in the US.

The sports betting explosion in the Garden State can be traced back to a huge decision by the Supreme Court in May 2018, which ended the federal ban on sports betting in the US.

New Jersey wasted no time legalizing sports gambling, both online and in-person, and a host of sportsbooks opened in the following months.

PointsBet was one of the later ones, opening in January 2019, but they managed to catch the attention of the sports betting market by introducing a fresh twist on classic sports betting.

Here are the main things for you to know about PointsBet:

  • PointsBet was originally founded in Australia in 2017 and moved to the New Jersey market after signing a deal with the Meadowlands Racetrack in East Rutherford.
  • The sportsbook is licensed and regulated by the New Jersey Division of Gaming Enforcement.
  • PointsBet has a full range of sports and bets available, but the real selling point is the original form of high-risk, high-reward betting called PointsBetting. We’ll cover this in-depth in our betting section below.
  • PointsBet has both a website and a dedicated mobile app.
  • You can download the app and create an account from anywhere, but in order to place a bet, you must be physically in one of the states where PointsBet operates.

In a market with a lot of options, it’s refreshing to see innovative options like PointsBet. Given the fact that the rest of the traditional sports betting options are as good or better than competing sites, PointsBet is definitely worth checking out.

The bonus offers available on PointsBet are among the best we have found on the sports wagering market in the United States.

The only significant drawback we found is the somewhat limited range of online banking options available.

All of this will be covered in our upcoming sections, as we explore the different features of the site and app in more depth.

PointsBet Software and Mobile Sports Betting App

You can use PointsBet either through its website or its dedicated mobile app available for iOS and Android devices. Our experts like both platforms, but the app is what really stands out for us.

If you’re curious about how other mobile apps compare to PointsBet, have a look at the best sports betting apps.

The website looks really slick, but sometimes the cool graphics come at the expense of usability. We found the mobile app to be a bit more simple to use, and more beginner-friendly.

Unlike most sportsbooks, both the sports menu and betslip are hidden when you land on the PointsBet homepage. Both pop up when you click on them, but hide when not in use. The sports betting site prioritizes the featured bets and the upcoming games available for live betting.

To browse through sports and leagues you need to click open the hidden menu and scroll down until you find what you are looking for. Our experts think the process is probably a little slower than the average online sportsbook, but still pretty easy.

The mobile app is super smooth and easy to use.

Our experts were also impressed with how the betslip feature works. It’s flexible and functional enough for all the different kinds of bets available – fixed odds, PointsBetting, and multi-bets like parlays.

Both the app and the online sportsbook also have a very prominent “What is PointsBetting?” icon, which explains this unique style of sports wagering in more detail.

This is an important addition since it is quite complicated and new players who don’t understand could potentially lose money trying to learn how it works. Make sure you read our explanation fully in the upcoming section.

PointsBet Sportsbook Software and Mobile App Highlights

  • Superslick graphics for both website and mobile app.
  • You can choose your odds format.
  • Live betting section works great, with loads of bets available for in-play games.
  • Good advertisements for promotions while not being distracting.
  • Despite the option of PointsBetting, the most popular fixed odds bets are still the most prominent which makes the site very beginner-friendly.

Things to Improve

  • Compared with other online sportsbooks it was a little harder to navigate to certain sports and leagues.
  • PointsBet prioritizes featured betting markets and games that are just about to begin, even when they are from minor leagues or obscure sports. We would like less emphasis on games about to begin, and more on upcoming major games and competitions.
  • The customer service and live chat sections are hidden at the bottom of the page.
  • PointsBet has a black color scheme which some users might find a little dark. We think it looks great, but it would be nice to have a lighter option.

PointsBet Bonuses

Deals and bonuses can make or break a sportsbook since they play a big role in attracting new players and keeping existing customers interested.

During our review, we found loads of interesting bonuses available, both for users creating new accounts and ongoing bonuses for all players.

In our opinion, this is an area where PointsBet really shines.

PointsBet offers, bonuses, and promotions change over time but we’ll give you a rundown of what was available during our review.

One thing to note is that generally, you can only take advantage of one of the welcome bonuses. This is important, as PointsBet often has multiple offers running simultaneously.

Sign up with PointsBet here.

PointsBet Welcome Bonus - Get 5 x $50 Bet Credits

Get up to 5 $50 Bet Credits if your first Fixed-Odds bet of the day loses (1 per day for 5 days)  

Other Welcome Bonuses

PointsBet sportsbook tends to have other welcome bonuses on offer based on upcoming major events. For example, if you were signing up in the weeks before the Super Bowl, you can expect them to have a welcome bonus that involves free bets on the game, or money back based on a certain outcome.

If you’re looking for more NFL bonuses we collected all the best NFL bonuses from major sportsbooks.

It’s nice to have options, and players can make their own mind up about which welcome bonus they like the most.

Just remember that only one welcome bonus can be claimed per new account. So if you claimed that theoretical bonus on the Super Bowl, you would not be eligible for the standard (and valuable) welcome bonus too.

Good Karma Payouts

This is a bonus that runs all the time. PointsBet sportsbook chooses a market where it thinks bettors got unlucky, and refund their bets straight up.

For example, imagine you bet big on the Lakers before a game on Tuesday night, and on Tuesday morning LeBron James gets injured. Chances are, PointsBet might refund your bet if the Lakers lose.

There is no pattern to this, the payouts are at the discretion of PointsBet.

This bonus is not a game-changer in terms of value, but we like it for the novelty and it definitely feels great to get a freeroll on a losing bet.

If you are looking for more NBA bonuses have a look at our list of the best NBA bonuses across major US sportsbooks.

Rewards Points

PointsBet’s loyalty program is good but pretty standard. The more bets you place, the more reward points you earn. Once you have enough points, you can redeem them for free bets.

Other Bonuses

PointsBet has plenty of bonuses going on all the time. Every week you can expect to find different odds boosts, or your money back in certain markets if there is a certain outcome.

Overall, our experts were super impressed with the bonuses and offers at PointsBet sportsbook. The welcome bonus is great, and the range of other bonuses means a lot of extra value for users.

Kinds of Bets and Odds

When comparing online sportsbooks, the kind of bets and the odds themselves are some of the first things we look for.

First and foremost, we want to see all the most popular bets covered, with good betting odds and lines. Second, we like to see a large variety of more unique and interesting bets.

PointsBet does well in the first section, and with its PointsBetting feature, really delivers on the second.

Here are the main things our experts took away from the in-depth review of the bets available on PointsBet:

  • All the most popular bets are available in major sports, and they are the most visible when you land on each page.
  • There is a great selection of prop bets, with hundred of bets typically available on major games.
  • PointsBetting, the sportsbook’s signature form of betting, is a unique and interesting addition. The inclusion of PointsBetting means there are thousands of more sports betting options than typical sportsbooks.
  • The in-play section is really comprehensive, with an impressive number of bets on offer for live games.
  • One drawback is that teasers and round-robins are not currently available.
  • Our experts found that the odds on offer were competitive with other top sportsbooks in New Jersey, Illinois, Colorado, Iowa, and Indiana.

Let’s have a closer look at the main forms of betting on offer:

How Does PointsBetting Work?

PointsBetting is an innovative new style of betting and it’s definitely the thing that makes PointsBet stand out the most.

The first thing to understand is that it has higher risk than traditional betting but also has the potential for bigger payouts.

While traditional bets have a predetermined stake and predetermined payout, with PointsBetting the amount you win or the amount you lose depends on the result of the game – how “right” or “wrong” you are.

For example, imagine you bet $10 on the New Orleans Saints with these odds:

  • New Orleans Saints -10 (-110)
  • Atlanta Falcons +10 (-110)

With a fixed odds bet, you would win the same whether the Saints won by 11 points or 30 points, and lose the same whether they lost the game, or won by 9 or less.

With PointsBetting, you win more if your team beats the spread by a lot, and you lose more if your team fails by a large margin to cover the spread.

In our example, if the Saints beat the spread by 1 point, you will 1X your bet ($10). If they beat the spread by 5, you will win 5X your bet ($50).

However, if they come up 3 points below the spread, you will be liable for 3X your stake ($30). And, if there is a big upset and the Falcons win by 5 points, you would liable for a huge 15X your stake ($150).

As you can see, the risk is much higher than with fixed odds betting but so is the potential reward.

What Sports and Bets Are Available with PointsBetting?

PointsBetting is available on a huge range of bets but the formula for how much you stand to win or lose varies depending on the sport and market. That’s because one goal in a hockey game is worth more than a single point in the NBA, for example. There is also a max win and loss for every bet.

In the opinion of our experts, PointsBetting is an interesting addition to the sports betting experience. It is certainly risky, but it does give you the chance to win a lot of money from small stakes too.

However, we would urge users to approach PointsBetting with caution. Bettors who might not really understand the system could easily lose a lot of money very quickly. Users should start small with their bets, and make sure they fully understand how it works before placing them.

There are lots of interactive tutorials and guides on PointsBet’s homepage that we encourage you to check out.

Popular Bets

Although PointsBetting is clearly the most unique offer, PointsBet still offers the same traditional sports betting options as other top betting sites and mobile apps on the market.

Moneylines, totals, points spreads and lots more are all available on PointsBet. You can find a range of bets when you click into each game, the popular bets are front and center.

Live Betting

Our experts were particularly impressed with the full menu of live bets available on in-play matches. You can easily find the in-play section in the drop-down menu on the website, or at the bottom of the PointsBet app.

During our tests we found the in-play experience to be smooth and straightforward to navigate.

Prop Bets

We loved the sheer number of interesting prop bets available on NFL, NBA, MLB, and NHL games, as well as for international sports like soccer and tennis.

You can bet on player stats like rebounds in the NBA, the timing of scores, NFL touchdowns, or even fouls committed.

PointsBetting has its own huge range of props, which work as we described above. For example, you can bet on the second of the first field goal attempt in NBA, and win or lose more depending on how close you are.

Other Betting Options

PointsBet sportsbook has a whole host of other bets available, like futures in the major sports or parlays. There are also boosted odds available for major sports.

One negative is the lack of teasers and round-robin parlays, which PointsBet does not currently offer. Parlays are also capped at 12 legs.

None of this should be a problem for the majority of users, but those looking for big multi-bets may be limited here.

Sports You Can Bet on at PointsBet

PointsBet has a huge selection of sports available to bet on.

The likes of the NFL, NBA, MLB, and NHL will be the most popular, but there are also minor leagues, college sports, international and European sports, and loads more.

In our opinion, you will probably find the sport you are looking to bet on at PointsBet.

Sports tend to change all the time, but here is a full list of those available on PointsBet:

Options for Deposits and Withdrawals

In the opinion of our experts, this is one area that PointsBet could do with improving. The number of banking options is a little thin compared with other major sportsbooks.

However, the most popular and standard methods such as credit card/debit are accepted so most people shouldn’t have a problem.

The following payment methods are all accepted at PointsBet:

Deposit Options

Withdrawal Options

  • ACH Payments Bank Transfer/ Echeck
  • Visa
  • Mastercard
  • PointsBet Card

PointsBet Sportsbook has also introduced payment methods such as PayPal and Pay Near Me that were lacking when the sportsbook first came out.

For step-by-step guides on how to deposit/withdraw using these methods, head to PointsBet Sportsbook, scroll all the way to the bottom of the site, and click on ‘Help’.

Another thing to note here is that due to the nature of the undetermined losses of PointsBetting, PointsBet can prevent users from withdrawing funds until outstanding bets are complete. This may be confusing to new users but is simply to prevent your account from going into the red.

Banking Methods Comparison

To help you decide which method is best for you, take a look at this table:

MethodDepositWithdrawalProcessing TimeMinimum DepositMax DepositFees
ACH Payments Bank TransferYesYesInstant for deposit, within 24 hours for withdrawal$5$10,000No
VisaYesYesInstant for deposit, within 24 hours for withdrawal$5$10,000No
MastercardYesYesInstant for deposit, within 24 hours for withdrawal$5$10,000No
PointsBet CardYesYesInstant for both deposit and withdrawal$20$25,000, with $5,000 daily limitNo
PayPalYesYesInstant for deposit, within 24 hours for withdrawal$10$25,000, with $5,000 daily limitNo

Whichever method you choose, remember that PointsBet is fully licensed and regulated, so your transactions will be secure.

PointsBet Signup and Registration

A good online sportsbook knows to make the registration process as hassle-free as possible, and PointsBet follows this rule.

You can create your account from anywhere, but in order to place your bets, you must be physically in one of the states where PointsBet is legal – NJ, CO, IL, IN, IA.

To sign up, follow our simple guide:

  1. Click the “Sign Up” button at the top of the sportsbook or app.
  2. On the first screen, you have the option of putting in a promo code to claim a welcome bonus. PointsBet tends to have a couple of bonuses running at the same time which change regularly, so make sure you use our links to get the best one for you.
  3. Type in your name and email address, and click “continue”
  4. Next up is more personal details, including your date of birth, cell phone number, address, and SSN. Remember, all of this data is protected and PointsBet does not share it with anyone else.
  5. Next, you can choose a username and password. Remember to choose something unique to you, and that you will remember easily.
  6. Finally, you need to check a couple of boxes agreeing to the terms and conditions, and confirming your details and identity.
  7. Once you have clicked “Join PointsBet” you are finished, and ready to deposit using one of the methods we already discussed.

Our experts were very happy with the signup process. During our tests, we ran into no problems, and the whole process only took a couple of minutes. A nice extra is that PointsBet suggests a bonus code for you to use if you don’t have one, so even new users who weren’t prepared won’t miss out.

Security and Gaming Licence

In terms of security, using fully licensed and regulated sportsbooks really is a step up from the unregulated offshore sites that some US bettors have been using in recent years.

PointsBet is licensed by the New Jersey Division of Gaming Enforcement, which makes sure the sportsbook retains an incredibly high standard in everything from security to the integrity of its software to the handling of your money and personal information.

In the opinion of our experts, users can expect the highest standards of security with PointsBet.

Customer Support

Whether you are a beginner or a super experienced bettor, you may run into a situation where you need customer support.

Our experts were really happy with the customer support offered by PointsBet.

There is a FAQ section that addressed the most common inquiries. Even better, there is a Live Chat option. The questions we asked on the chat during our review were answered easily and quickly, so we recommend this option.

PointsBet also has a lot of pages and graphics which help to explain how PointsBetting works, which is important for a new concept.

One minor criticism is that the Live Chat or FAQs section are not super prominent, and you need to scroll to find them.

Remember that you can also ask for support if think that you, or someone you know, has a gambling problem, call 1-800-gambler and get the support you need.

Things PointsBet Is Doing Right

PointsBet New Jersey is the new kid on the block, and not surprisingly the sportsbook has come with some fresh ideas. Our experts have gone through the entire site and app, and we found a lot of things that we like.

Here are our favorite things about PointsBet:

  • The variety of bets and sports is super impressive. If you love prop bets, you are going to love PointsBet.
  • PointsBetting, the sportsbook’s signature form of betting, is an exciting new betting format that carries the possibility of winning a lot of money. While we recommend users act cautiously while they get used to it, we think it’s a great addition.
  • The welcome bonus is one of the very best we’ve seen, and PointsBet keeps existing members happy by including loads of new bonuses and offers which change all the time.
  • Both the website and the app are super slick.

Things PointsBet Could Work On

Every sportsbook has areas that can be improved, including PointsBet. Here are our suggestions for what it could be doing better:

  • Although the range of props is second to none, we were disappointed with the multi-bet options. We want to see teasers, round-robins, and more included.
  • While the platforms look great, we would prefer them to be a little better organized – less emphasis on games happening right now and more balance with upcoming games and competitions in major sports.

PointsBet Company History

PointsBet is a baby in sports betting terms. The company was launched in Australia in 2017 but quickly introduced its innovative approach to sports betting in countries around the world.

Once sports betting was legalized in New Jersey in May 2018, the Garden State was the perfect venue for the sportsbook to launch its US operations, and PointsBet opened for business in January 2019, after signing a deal with Meadowlands Racetrack in East Rutherford.

The Final Word on PointsBet

Our experts were really excited to review PointsBet. Sports betting has its traditional side, and it is rare to get a new sportsbook that really shakes things up or changes the game.

It’s still early to say, but we think PointsBet has real potential to do just that.

Whether PointsBetting will really catch on in a big way or not, our experts think it is a great addition to traditional fixed odds betting.

For those who want to stick to bets they are more familiar with – there’s no need to worry. PointsBet has a full program of fixed odds betting that rivals the other top sportsbooks on the sports betting market. The same goes for the bonuses, which are some of the best we’ve seen.

The platforms are definitely some of the most impressive we have come across, and it is clear that PointsBet is a really modern and professional operation.

Our experts also included a word of warning about PointsBetting. The format does take a little while to get to grips with, and unsuspecting users can end up losing a lot more money than they intended very quickly.

Overall, we are big fans of PointsBet. In a crowded market, we found it to be a breath of fresh air.

Before you sign up, make sure you check out our links to get the best bonus.

Similar Sportsbooks like PointsBet:


⭐ 9/10

⭐ 10/10

⭐ 10/10
UP TO $2000
100% Match Bonus
Up To $100
✔ Impressive variety
of bets and sport✔ Innovative
PointsBetting format

✔ Generous welcome

✔ Lots of betting
options✔ Daily odds boost

✔ Great live betting

✔ Simple minimalist
design✔ Great for playing
on the go

✔ Beginner Friendly

Currently licensed
in 10 states.
Currently licensed
in 14 states.
Currently licensed
in 30 states.
ACH Payments
PointsBet Card
gift card
VIP Preferred
Wire transfer
American Express
SupportLive Chat
Live Chat
Call Back feature
Live Chat

PointsBet Sportsbook FAQs

Is PointsBet legal to bet with?

Yes. PointsBet is fully licensed and regulated by the New Jersey Division of Gaming Enforcement, and 100% legal.

Can you bet on mobile with PointsBet?

Yes. PointsBet has a super slick mobile app available for iOS and Android devices which can be downloaded from the PointsBet website or from app stores.

Do you have to be in New Jersey, Colorado, Illinois, Iowa, or Indiana to bet with PointsBet?

Yes. Although you can sign up from anywhere, you need to be physically in one of the states where PointsBet operates to place a bet.

Does Pointsbet offer a no deposit bonus or free bets?

Yes. Although welcome bonuses tend to change regularly, PointsBet had one of the best no deposit welcome bonuses we found.

Does Pointsbet have good odds?

Yes. We found that PointsBet has odds and betting lines that are competitive with the other top sportsbooks on the US betting market.

Get 5 x $50 Bet Credits

21+ | T&Cs apply

Claim Now
Image for Bill Krackomberger


Bill Krackomberger

200 Articles

Billy “Krackman” Krackomberger has made his living as a professional sports gambler for nearly three decades. You have seen him on ESPN, Gaming Today, and SiriusXM. His connections in the sports gambling industry run all the way to the top. His bets move the lines and regularly have him banned from books for being too sharp. Email: [email protected]

More info on Bill Krackomberger
We've been featured on:
espn logo
reuters logo
cbs-news logo
forbes logo
entrepreneur logo
entrepreneur logo
We only list licensed sportsbooks

© Rebel Penguin ApS 2023 (a subsidiary of Gaming Innovation Group Inc.)

We support responsible gambling. If you feel like you're losing control over your gambling experience, call 1-800-GAMBLER (NJ, PA, WV), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), 1-800-522-4700 (NV), 1-800-522-4700 (CO, TN), 1-855-2CALLGA (IL), 1-800-270-7117 (MI).

WSN.com is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.

Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.