Pointsbet Cash Out
Pros and Cons for 2021
PointsBet reserves the right to carry out checks on the individual certifying documents and to get in touch with them to verify the validity of the document. PointsBet may in its discretion reject certified documents for any reason. Early cash out The Cash Out feature is available for most pre-match singles in fixed-odds bets. The available markets are marked accordingly. After placing a bet that supports early cash out, you. PointsBet is currently only available in New Jersey, Iowa, Indiana, Illinois, Colorado and Michigan. If you’re in another state, you can still view our odds and bet types. CHECK OUT THE SPORTSBOOK. Cash Out allows you to settle your bet and collect some of your winnings early if a bet is winning or settle a bet that is losing and salvage some of your stake!
After testing 20 online sportsbooks for our 2021 review, here are our top findings on PointsBet:
- Points betting alone is electrifying enough to justify giving this sportsbook a try. Beyond that, PointsBet’s collection of bet types (props, alternative lines, and especially custom bets) is second to none.
- PointsBet’s bonuses for new and existing customers are some of the best in the industry.
- A bland live betting menu is our only knock on what is otherwise a top sportsbook in our 2021 rankings.
Supported States: Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey.
Overall Summary
| Feature | PointsBet |
|---|---|
| Overall | 4.5 Stars |
| Sports & Bets Offered | 5 Stars |
| Odds | 4.5 Stars |
| Live Betting | 3.5 Stars |
| Mobile Betting | 4.5 Stars |
| Bonuses & Promotions | 5 Stars |
| Education | 4.5 Stars |
Sports and Bets Offered
PointsBet it is one of just three sportsbooks we review to earn five stars in this category. The high rating is due to the impressively wide variety of bets available — from all the standard types you’d expect to points betting and custom bets. (The other two standout sportsbooks in this category are DraftKings and FanDuel.)
To give you a sense of the allure of points betting, I was counting down the days for more than a year, waiting for my home state Michigan to establish its online sports betting laws so that I could try points betting. I’m here to report that the wait was worth it. I took the Toronto Raptors +1 against the Indiana Pacers. Each basket scored in the fourth quarter had me sweating, cheering, or gritting my teeth. The Raptors ended up winning the game, and I was hooked.
What is points betting?
Points betting takes a spread, total, or prop bet and makes it a variable bet until the end of the game. The idea is that the more correct a bettor is, the more they win — and vice versa, of course. The potential to lose more than you bet is why points betting is not for risk-averse bettors.
Here’s a points betting example: Let's say you bet $10 on the Dallas Cowboys (-3) against the Jacksonville Jaguars (+3). If Dallas wins 24-20, you covered the spread and won by one point. To calculate your winnings, you multiply your $10 wager by one for a total win of $10. If Dallas wins 26-20, you covered the spread and won by three points. Multiply your $10 wager by three, and that gets you a $30 total win. Let’s say Dallas loses 17-20. That means you lost the spread by six points (the three Jacksonville won by plus the three Dallas was favored by). Therefore, your $10 wager is multiplied by six and results in a $60 total loss.
There are caps on each sport/market. Some markets may have a win/loss multiplier of up to 250X, while other markets can be capped at 10X.
More risk-averse bettors can set stop losses to minimize maximum gains/losses. For example, if you place a stop loss of 10X and make a points betting wager of $1, your maximum gain or loss can only go up/down $10.
Custom bets: Custom bets allow you to submit your own bet and, if accepted, your bet will be available to all PointsBet users. Here’s an example of a custom bet: “LaMelo Ball to record over 17.5 Pts + Rbs + Asts and 76ers to win.”
It’s fun to see the types of crazy bets other fans come up with. Often, custom bets involve popular players achieving an above-average stat line and leading their team to victory. Custom bets are only available at PointsBet and FOX Bet. In our comparison we found it easier to submit a custom bet on PointsBet (on the desktop or mobile apps) than FOX Bet. Simply go to the “Sports A-Z” menu , click “Name A Bet” and click on the “Request Your Bet” tab.
Gallery
Odds
As illustrated in the table below, PointsBet offers above-average odds for NCAAF moneyline bets, NHL moneyline bets, NHL spread bets, NBA spread bets, and NFL spread bets. For comparison, if average moneyline odds on a team are +120 at other sports betting sites, PointsBet might offer odds at +125. In this example, every dollar wagered would return $1.25 at PointsBet versus $1.20 at other sites.
Methodology: To score Odds, Moneyline.com gathers data from 21 sportsbooks over several months. For our 2020 Sportsbook Review, over 10,000 data points were collected for spread, moneyline, and over/under (bets).
I collected odds for spread, moneyline, and total bets for over 75 NFL games, 75 MLB games, 75 NBA games, 75 NHL games, 75 Soccer games (various leagues), and 75 NCAA Football and 75 NCAA Basketball games. When collecting odds, I collected the same games simultaneously for each sportsbook, ensuring data accuracy.
Live Betting
PointsBet’s biggest weakness is live betting. Users can bet only on the live spread, moneyline, or total for games, and little else. The sportsbook also lacks common live betting features like live streaming, running clocks and a live match tracker. The missing features make PointsBet’s menu feel outdated compared to apps like FanDuel or DraftKings.
Instant Bets: PointsBet offers instant bets, which allow users to bet on the next play of a game or the next point in a match — e.g., “What team will be awarded the next throw-in in a soccer match?” or, “What will the result of the next drive be?” in an NFL game.
Prop bets: We wish PointsBet had more live props to lay action on. An example of a live prop bet is, “How many points will Russell Westbrook score?” For an abundance of live props bets, check out SportsBetting.com and DraftKings.
Live match tracker: As mentioned earlier, PointsBet doesn’t provide a live match tracker, even though it’s a common feature on most other betting apps. Live scores are displayed, but the clock is not continuously running, scores are not displayed by quarter, and you won’t be able to see which team is attacking in real-time.
Live Streaming: PointsBet does not stream live sporting events through its app. If you’re interested in this feature, check out FanDuel or Unibet. Be aware that for all sportsbooks, live streaming is currently limited to international sports such as basketball, soccer, hockey, tennis and table tennis matches due to the high costs of licensing live broadcasting rights.
Gallery
PointsBet Mobile App
The emphasis on responsiveness and the easy-to-navigate layout make the PointsBet mobile app one of my favorites to use. Where other apps make it hard to locate their blogs, educational content, and customer support, PointsBet dedicates a prominent spot for each in its main drop-down menu. Given the complexity of points betting, I appreciate the informational icon on each wager providing examples of each bet.
PointsBet blog: This feature is unique to PointsBet and only a handful of other sportsbooks. Other sportsbooks, like BetMGM, post fresh content more frequently. But you can count on PointsBet to post on high-profile games and other topics like betting strategy (e.g “What is Juice in Sports Betting” and “Bankroll Management”).
Gallery
Education
Articles and videos on PointsBet’s YouTube channel and website explain popular bet types, how to bet, and even topics like bankroll management. As somebody who once asked, “what the heck is points betting?” I’ve personally benefited from the level of detail PointsBet puts into its tutorials.
Boost your sports betting smarts: For more education, see our guides on how to read odds, different bet types, and understanding bonus rollovers.
Gallery
Bonuses & Promotions
PointsBet is one of the top dogs when it comes to bonuses and promotions. The sportsbook offers the highest risk-free bets for new customers that I’ve seen, as well as high-value ongoing promotions. Also keep an eye out for promotions for pre-registering before PointsBet launches in eligible states.
New customers: PointsBet offers two risk-free bets up to $2,000. One is worth $500 on your first fixed odds bet, and the other is a $1,500 risk-free bet on your first points betting bet. (Gotta say, I found that first points bet wager pretty thrilling.) For comparison, most sportsbooks provide one risk-free bet between $250 and $1,000.
Existing customers: PointsBet offers three to eight creative ongoing promotions that are nearly as notable as the new-customer promotions. The “$3 for every 3” promotion is one example. It pays out $3 in free bets for every 3-point field goal a team makes after you bet $50 on that team’s moneyline.
Karma Kommittee: Did your team suffer from a bad beat — e.g., a bad call, season-ending injury or last-second miracle play that tanked your bet? PointsBet’s “Karma Kommittee” refunds all bettors when a terrible beat occurs. This is a notable feature, even if good karma payouts are made only a handful of times a year.
Gallery
Final Thoughts
PointsBet brings a new style of betting to the United States, and frankly, I'm a huge fan. The opportunity to try your hand at points betting — plus the killer new-customer and creative ongoing promotions — are convincing reasons to open a PointsBet account. Although live betting lacks a few features, the high-quality overall offering at PointsBet makes it one of the top sportsbooks in our book.
About PointsBet
PointsBet, launched in Australia in 2017, recently brought its sports betting style to the U.S. PointsBet offers traditional betting and points betting, where winnings or losses depend on the margin of how correct your bet is. PointsBet is a publicly traded company (OTCMKTS: PBTHF). PointsBet is one of the only sportsbooks to welcome professional sports bettors, allowing bets of $10,000 on most regular-season games.
What states is PointsBet legal in?
PointsBet is legal in Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey.
What deposit methods does PointsBet offer?
Deposit options vary by state and include online bank transfer (ACH), debit/credit card, PayPal, PayNearMe, prepaid company cards, or cash at certain casinos.
| Feature | PointsBet |
|---|---|
| Minimum Deposit | $5 |
| Total Deposit Methods | 4 |
| No Debit/Credit Card Deposit Fees | Yes |
| Deposit Min/Max - Debit/Credit Card | $5/Varies |
What withdrawal methods does PointsBet offer?
Withdrawal options vary by state and include online bank transfer (ACH), debit/credit card, PayPal, PayNearMe, prepaid company cards, or cash at certain casinos. Minimum deposits are $5; there are no withdrawal minimums.
| Feature | PointsBet |
|---|---|
| Minimum Withdrawal | None Listed |
| Total Withdrawal Methods | 2 |
| Check Payout Speed is < 10 days | Yes |
| No Withdrawal Fees - Check | Yes |
| Withdrawal Min/Max - Check | $5/Varies |
What is the minimum deposit at PointsBet?
The minimum amount required to open an account at PointsBet is $5.
What kind of customer support does PointsBet?
PointsBet currently only offers live chat and email customer support. There is no phone support line.
What sports can you bet on at PointsBet?
PointsBet currently offers 18 different sports.
| Feature | PointsBet |
|---|---|
| Total Sports Offered | 18 |
| Aussie Rules (AFL) | Yes |
| Baseball (MLB) | Yes |
| Basketball (NBA) | Yes |
| Basketball (NCAA) | Yes |
| Boxing | Yes |
| Cricket | Yes |
| E-Sports | Yes |
| Football (NFL) | Yes |
| Football (NCAA) | Yes |
| Golf (PGA) | Yes |
| Hockey (NHL) | Yes |
| Horse Racing | No |
| MMA (UFC) | Yes |
| Rugby (League) | No |
| Rugby (Union) | Yes |
| Soccer (EPL) | Yes |
| Soccer (MLS) | Yes |
| Tennis | Yes |
| Sports & Bets Offered | 5 Stars |
Methodology
For the BettingBuck.com annual best online sportsbooks review published in 2020, a total of 2,300 data points were collected over six months and used to score sportsbooks. Additionally, odds data was collected for each sportsbook on over 1,400 bets to give each sportsbook a comparative odds ranking.
Sports betting sites were scored across seven core categories to computer an overall rating: total number of sports and bets offered, odds, live betting features, mobile apps, educational resources, ease of use, and current bonuses.
Learn more about how we test.
About the author: Joey Shadeck Joey Shadeck is the lead writer for Moneyline.com and content strategist for Michigan-based Reink Media Group. He has closely tracked sports betting in the United States for the last two years, compiling hundreds of data points across dozens of sportsbooks. He has 6 years of online betting experience with hundreds of bets placed during that time.
PointsBet Online Sportsbook is bringing top of the line promotions and fun marketing campaigns to bring power to the players. Currently, PointsBet is offering one of its best sign up bonus offers every, with up to $2,000 in two risk-free bets. Their parlay boosters are nothing to sneeze at either. This sportsbook is legit.
Get Up To $2,000 In 2 Risk-Free Bets At PointsBet
Redirecting to PointsBet...
- “Points Betting” system gives players an extremely high risk, high reward option that no other app offers
- Effective and efficient user experience on the app
- Multiple attractive bonus offers
- Top-tier rewards program for fans to accrue points while they bet
PointsBet Promo Code 2021
PointsBet Sportsbook pushes the idea of a money-back promotion into uncharted territory, offering new players two risk-free bets for up to $2,000. Use the BIGBONUS promo code to unlock this offer.
The first part of this promotion offers a risk-free fixed-odds bet up to $500. This offer functions as insurance of sorts for your first bet made on the PointsBet platform.
For example, if you make your first deposit at PointsBet and make a $500 bet on an eligible fixed-odds market, that wager is eligible for a full refund if it ends up losing. The refund amount matches the amount of your bet, up to a max of $500. If the bet ends up winning, however, no rebate applies.
The second part of this promotion offers up to a $1,500 risk-free bet on your first PointsBetting wager. This pair of risk-free bets can award a possible $2,000 in rebates if your first fixed-odds bet and your first PointsBetting wager both end up losing.
For both risk-free bets in this offer, refunds are awarded as bonus betting credits. The terms and conditions at PointsBet dictate that all bonus betting credits must be used with seven days of receipt, or they become void.
The Stop Loss feature can’t be used for a PointsBetting wager to be eligible for the risk-free bet offer.
Terms and conditions apply.
| PointsBet Sportsbook Promo Code | Click here and use bonus code BIGBONUS |
| 2 Risk Free Bets | Up to $2,000 in risk-free bets ($500 risk-free fixed bet, $1,500 risk free PointsBet) |
| Deposit Bonus | Up to $250 using this link and promo code BIGDEPOSIT |
| Minimum Deposit | $10 |
| Date Last Verified | March 2021 |
PointsBet Online Sportsbook: Quick Facts
- PointsBet’s 2 risk-free best up to $2,000 is one of the better deposit bonuses when you first sign up. Terms and conditions apply.
- PointsBet is an Australian company, starting to make inroads into the US online sports betting industry, with strong showings in several US states.
- Offers a wide variety of US and international sports including creative futures bets and live, in-game betting.
- Wide variety of US and international sports on offer. Because PointsBet is an Australian company, the breadth of international sports is strong.
- Offers all traditional sports bets as well as creative parlays, totals, and in-game betting. Their proprietary Points Betting system offers increased odds in a high-risk, high-reward type of betting. They also offer daily parlay boosts.
- The PointsBet Rewards Program offers frequent bettors the opportunity to earn rewards for future betting.
- Deposit options for PointsBet Online Sportsbook are extensive featuring PayPal, Visa/Mastercard, Amex, ACH/Echeck, Wire Transfer, PayNearMe, and the PointsBet Mastercard.
- PointsBet is building for a future in US sports betting by signing strong partnership deals. This includes team-specific deals like the one with the Detroit Tigers, as well as league specific partnerships like the one with the NBA.
- In August 2020, PointsBet announced a 5-year partnership with NBC Sports, in an attempt to compete with Fox Sports backed FOX Bet.
Pros
- Proprietary “Points Betting” system gives players an extremely high risk high reward option
- Efficient user experience where players can easily navigate between Sports A-Z, futures bets, and live options
- Strong marketing campaigns to give players constant bonuses and incentives to continue to use the app
- Extensive rewards program for fans to accrue points while they bet
Cons
- Young company that is new to the market with no brick and mortar casino locations
- No in-app casino games available
| PLAY NOW | PLAY NOW | PLAY NOW |
| Rating: ⭐⭐⭐⭐ | Rating: ⭐⭐⭐⭐ | Rating: ⭐⭐⭐⭐ |
| Deposit Bonus: Up to $1,500 in risk free bets | Deposit Bonus: 100% Deposit Match up to $250 | Deposit Bonus: Up to $600 in a risk free bet |
| No Deposit Bonus: No | No Deposit Bonus: No | No Deposit Bonus: No |
| PayPal Deposits: Yes | PayPal Deposits: Yes | PayPal Deposits: Yes |
| Cash Deposits: PayNearMe, Online Banking, PayPal, PointsBet Mastercard, ACH Check, Credit/Debit Card | Cash Deposits: Online Banking, PayPal, Credit/Debit Card | Cash Deposits: PayNearMe, PayPal Online Banking, Credit/Debit Card, ACH Check, Skrill |
- Bettors who would like to withdraw via PayPal should deposit with PayPal.
What States Is PointsBet Sportsbook Available In?
PointsBet Online Sportsbook is available in Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey.
PointsBet Colorado Online Sportsbook
Colorado launched its first online sports betting apps on May 1, 2020. PointsBet Colorado launched on November 17 that same year. Although it didn’t beat its competitors to market in the state, PointsBet has made some strategic partnerships to demonstrate its commitment to the US and Colorado markets.
Australian company, PointsBet, established its US headquarters in Denver. Plus its made strategic deals with Colorado sports organizations, including the University of Colorado.
PointsBet’s local Colorado licensing partner is Double Eagle Hotel and Casino. The local partnership also includes a retail sportsbook at the casino.
PointsBet Illinois Online Sportsbook
Illinois is one of the newest states to legalize online sports betting. Soon after legalization, PointsBet became one of the early entries into the Land of Lincoln.
Launching on September 12, 2020, PointsBet Illinois is partnered with Hawthorne Racecourse. Being close to Chicago, the retail sportsbook at the racecourse provides another opportunity for sports bettors in Illinois.
PointsBet Indiana Online Sportsbook
The Indiana Gaming Commission granted PointsBet the authorization to operate within state borders on March 5th 2020. This was only the third state to grant PointsBet the right to operate in the state.
PointsBet Sportsbook partnered with Hollywood Casino Lawrenceberg to receive its license to operate in Indiana.
PointsBet partnered with Penn National Gaming, a pubicly-traded company who recently purchased Barstool Sports in early 2020. This means the company could grow exponentially in the US.
PointsBet Iowa Online Sportsbook
PoinsBet Iowa launched in August 2019 in partnership with Catfish Bend Casino as an online and mobile sports betting site. The unique PoinstBetting system is available on the Iowa app.
One unique aspect of online sports betting in Iowa is that new players need to complete registration by visiting the the casino in person. This requirement sunsets at the end of 2020. By the end of 2021, this will no longer be a requirement for new players.
The details to signup for PointsBet Online Sportsbook Iowa are below.
- Step 1:Fill out the short form here at the Pointsbet Iowa website. Use our exclusive link for up to $1,000 in risk-free bets!!
- Step 2:Wait for the the email from PointsBet Online Sportsbook with details that need to be confirmed.
- Step 3: Go to Catfish Bend Casino in Burlington, Iowa, and to the PointsBet Sportsbook with your valid ID.
- Step 4:Enjoy your $1,000 in risk-free bets courtesy of Bonus.com and enjoy!!
PointsBet Michigan Online Sportsbook
Michigan is the latest state to legalize and launch online sports betting apps in the US. PointsBet Michigan was one of the 10 online sportsbooks to launch in Michigan on January 22, 2021.
PointsBet is an Australian company with its US headquarters located in Colorado, but it is making its intentions to dominate in Michigan well known. In the months before its Michigan launch, PointsBet announced partnerships with many of the Detroit teams. This includes agreements with the Red Wings, the Pistons, and the Tigers. The Tigers-PointsBet partnership was the first MLB partnership of its kind.
PointsBet partnered with Northern Waters Casino in Michigan for its state licensing. It is also anticipated that PointsBet will launch a Michigan online casino app later in 2021.
PointsBet New Jersey Online Sportsbook
PointsBet is headquartered in Australia, where sports betting is extremely popular. This strong industry experience before debuting in the US market, means PointsBet is off to a strong start in the US. The sportsbook app launched in January 2019 in New Jersey, just after the state legalized sports betting.
Thanks to a partnership with the Meadowlands Racetrack, PointsBet was able to bring sports gambling to NJ as its first legal state. There are no current options for bettors to deposit within casinos yet in the state.
PointsBet offers a $1,000 deposit bonus in risk-free bets for fans who want the opportunity to bet with limited risk. PointsBet is looking to continue to gain a strong foothold in New Jersey which is the first state to legalize online sports betting.
Full Review Of PointsBet Sportsbook
PointsBet is quickly making a name for itself in the sports gambling industry. With a strong reputation from its Australian operations, they are expanding quickly into the US online sports betting market. This is due, in part, to the number of partnerships PointsBet is forming in the US.
In August 2020, PointsBet announced a 5-year partnership with NBC Sports. In February of 2020, PointsBet also issued a press release stating a partnership between the Australian-based company and the NBA. They also announced a multi-year partnership with the Detroit Tigers, the Pistons, and the Red Wings.
With regards to the NBA partnership, PointsBet CEO Johnny Aitken said, “As a tech company at heart, the PointsBet team is excited to work with a league as savvy and forward-thinking as the NBA.” The partnership will give PointsBet the ability to develop the Win Probability Metric as well as access to official NBA betting data and league marks across their platform, a huge win for PointsBet. The partnership aspect for sports gambling companies will be very important as legislation continues across all 50 states.
PointsBet is a younger company but that does not hold them back. They know their role and have said constantly that they are a tech company at heart that features proprietary innovation and top of the line User Experience. Expect PointsBet to target partnerships wherever possible and continue to gain market share with an easy-to-use app that many other companies could take notes from.
PointsBet’s Best Sign Up Bonus Offers
Using our exclusive links and promo codes, sports bettors have access to three different bonus offers depending on their needs.
Their top bonus offer includes 2 risk free bets up to $2,000, which is included above.
Get Four Risk-Free Bets Up To $1,000
Using the TOPBONUS promo code unlocks a welcome bonus of four risk-free bets up to $1,000. This promotion breaks up a possible $1,000 in losing wager refunds into four $250 risk-free bets.
With the TOPBONUS offer, your first two fixed-odds wagers are both eligible for up to a $250 risk-free bet on each. For instance, after making your first PointsBet deposit, you could put a pair of $250 wagers on two different eligible fixed-odds games.
If both wagers lose, PointsBet refunds your account with $500 in bonus betting credits. If one bet loses and the other wins, you get a $250 rebate on the bet that lost.
This offer also extends another $500 over two more risk-free bets applied to your first two PointsBetting wagers. The total of four $250 risk-free bets all operate independently from each other, and if any of the four loses you get up to $250 back on that bet.
The risk-free offer on the two PointsBetting wagers can’t be used in conjunction with the Stop Loss feature.
Visit: PointsBet Sporstbook And Use Promo Code TOPBONUS
Get A Deposit Tier Match Bonus
New players at PointsBet can unlock a deposit match bonus that awards up to $250 in bonus betting credits. The PointsBet deposit match allocates bonus funds using a tier system based on your initial deposit amount.
A deposit of at least $50 unlocks $100 in bonus betting credits, giving you $150 to bet with on a $50 deposit. A $150 deposit unlocks $150 in bonus bets, and that tier yields a total of $300 in cash and bonus betting credits for your $150 deposit.
The highest tier awards players who deposit at least $250 with $250 in bonus bets, and with this tier a $250 deposit awards $500 total to bet with.
Use the promo code BIGDEPOSIT to unlock the deposit tier match bonus offers. Bonus betting credits must be used within 14 days of receipt, and can only be wagered on fixed-odds markets.
Visit: PointsBet Sportsbook And Use Promo Code BIGDEPOSIT
Points Betting And Promotions At PointsBet
While they may not have the big-name recognition of BetMGM and DraftKings, PointsBet has not let that stop them. They have a proprietary sports betting technology known as “Points Betting.” It is extremely high risk and high reward, as any bet can be eligible for a PointsBet. If a bettor wages a $100 Pointsbet on the winner of a game, they will win $100 for every point they win by. Conversely, bettors will also lose $100 for each point they lose by.
Pointsbet Cash Out Refinance
You will also find very generous promotions from PointsBet that keep things fun. When betting favorites for MMA main event fights, you will always want to check PointsBet to see if they are running their “UFC Fight Night Super Booster” promotion. For every 100 bets placed on the favorite, PointsBet will bring the price down .10. The price will continue to fall as the fight is about to start and anyone who places the bet will get the best price possible.
For example, if UFC fighter Kamaru Usman starts as a -230 favorite and the UFC Super Booster Promotion is in effect, the price will drop to -220 after 100 bets are placed. If 1000 bets are placed on Usman, everyone who bet Usman through the promotion will get Usman at -130.
Key Features Of PointsBet Sportsbook
Types of bets offered: Spreads, Moneylines, Futures, Totals, In-play Parlays, Prop Bets.
Does PointsBet Online Sportsbook Have a Rewards Program? Yes! PointsBet offers a very strong rewards program which offers 1 point for every dollar wagered on a fixed odds bet and 5 points for every dollar wagered on a parlay.
What Sports Leagues are Covered? NFL, NBA, MLB, NHL, NCAA, EP, MMA and many more
Mobile apps: Android and iOS. Web-version available.
Deposit methods: Credit/Debit Cards, PayPal, PointsBet Mastercard, PayNearMe
Minimum deposit: $10.
Betting limits: $50,000 deposit limit
Other products available from sportsbook account:
- Full online sportsbook
- Online casino is in the works
License Information: Owned by PointsBet Holdings Limited (ASX:PBH) and regulated by the New Jersey Division of Gaming Enforcement.
Deposits And Cashouts At PointsBet Sportsbook
How Can I Deposit At PointsBet Sportsbook?
PointsBet Online Sportsbook offers some of the largest variety of deposit options in the industry. The most common options include bank transfer, PayPal, Credit/Debit card, and PayNearMe.
| Deposit Method | Minimum Deposit | How long for funds to appear in my account? |
|---|---|---|
| Online Banking | None | Generally instant |
| PointsBet Mastercard | None | Generally instant - Apply hereApply here |
| VISA, MasterCard, American Express Credit Card | None | Generally instant |
| Paypal | None | Generally instant |
| ACH (eCheck) | None | Up to 48 hours |
| PayNearMe | None | Cash - Instant |
The most commonly used methods are credit/debit cards and PayPal. However PointsBet does have a partnership with Mastercard. You can apply for this card on the PointsBet website (use link above). The card automatically attaches itself to your PointsBet account. The card can be funded like any credit card by linking to a banking account with a routing number.
PointsBet Sportsbook Declined My Credit/Debit Card. What Do I Do?
If your bank is not giving you clearance to deposit into PointsBet Online Sportsbook you may choose from these options….
- Apply for the PointsBet Mastercard card
- Using a different credit card
- Using eCheck / ACH
- PayNearMe via 7Eleven
This is a consistent issue that bettors run into as their credit card companies will not recognize the transaction and reject it. This happens when sportsbooks open up initially which is a very common initial issue to run into. Thanks to PointsBet’s strong options for deposit and withdrawal, you can work around this easily with little headache!
How Can I Cash Out From PointsBet Sportsbook?
| Withdrawal Method | Minimum Cashout | How long for funds to appear in my account? |
|---|---|---|
| Online Banking | None | Instant |
| PointsBet Mastercard | None | Instant |
| PayPal | None | Instant |
PointsBet deposits and withdrawal options are some of the best in the industry. Adding PayPal for instant transactions as well as online banking gives players instant transactions with no fees. For PayPal users, if you deposit via PayPal, you will be limited to withdrawing via PayPal.
How Can You Play At PointsBet Online Sportsbook?
| Android App. PointsBet online sportsbook is available as an Android app. As with all gambling apps in the Android store, you will need to sideload the app. |
iOS App. PointsBet’s IOS app is what makes PointsBet special and is available for download from within the App Store for iPhone and iPad. |
Browser. PointsBet online sportsbook can also be played from any major browser, including Chrome, IE, and Firefox. |
Common Geolocation Issues With PointsBet Sportsbook
Like all sportsbooks, PointsBet requires you to be within state borders where they are legally operating in order to place a bet within the app. Once you are inside state borders you will be able to place a bet. Thankfully, once an account is created, you are able to deposit and withdraw at will whether you are inside state borders or not. This could be extremely important to some who place a winning bet in their home state, travel elsewhere, and are able to cash out their big win wherever you are!
What You’ll Probably Like About PointsBet Sportsbook
Daily Parlay Super Boosters!
PointsBet offers a strong promotion called the Daily Parlay Super Booster. With a minimum of 3 legs, PointsBet allows you to choose your parlay in any way you want and boost the odds in your favor! Typically, this boost lands anywhere between 8%-12% increase in odds in your favor. Fans who enjoy parlay bets will be sure to give this a try. If your parlay is 4 legs or more and 1 fails you may be eligible for insurance through PointsBets Parlay Insurance clause! Be advised, bettors may only use the parlay boost once per day.
$500 Risk-Free Fixed Bet + $1,500 Risk-Free “PointsBet”
Providing up to $2,000 in free-bets is a fantastic promotion in the industry. Plus offering two other new player sign up bonuses, including a deposit match tier bonus, certainly sets PointsBet apart from other big names in the industry.
PointsBet Rewards Program
PointsBets rewards program is robust and once again rewards parlay betting heavily. Where many sportsbooks have fallen behind, PointsBet is giving bettors 1 point for every dollar wagered and 5 points for 1 dollar wagered on a parlay. They are clearly focused on giving the parlay bettors a home as they are rewarding players for their bets handsomely with Parlay Super Booster, Parlay Insurance, and 5 points for every parlay dollar bet.
Why You Might Choose A Different Online Sportsbook
PointsBet Sportsbooks Is Not Yet Widely Available
You might choose a sportsbook other than PointsBet if it is not available in your state. PointsBet is available in about a half dozen states with more on the way. Michigan was the latest to launch in January 2021. The operations will undoubtedly increase over the next 5+ years as every state will look to make sports betting legal after the fall of PASPA.
There Is No Option For In-App Casino Wagers Yet
Many sports betting apps are aggressive by offering in-app casino games. Whether it is live dealers for blackjack, roulette, and even live Texas Holdem tables. There is some news that they plan to offer casino games in the future, particularly in Michigan.
Until then, online gambling sites like FanDuel and DraftKings who offer both sports betting an online casinos will continue to grab market share by offering a wider variety of options to bettors in one app.
PointsBet Sportsbook: License Information
Below is a list of states where PointsBet operates an online sportsbook and their license partner in each state.
| Michigan | Northern Waters Casino Resort |
| New Jersey | Meadowlands Racetrack |
| Colorado | Double Eagle Hotel & Casino |
| Illinois | Hawthorne Race Course |
| Indiana | Penn National Gaming |
| Iowa | Catfish Bend Casino |
Sports betting regulation works differently in each state. For example, all legal online sports betting in New Jersey is regulated by the New Jersey Division of Gaming Enforcement. It is the state’s gaming division’s responsibility to govern the sportsbooks and their companies. The online gambling apps and sportsbook will be managed by the gaming commissions to ensure fair play for all.
Is The PointsBet Online Sportsbook Right For You?
PointsBet Online Sportsbook is one of the best online sportsbook apps. If it’s available in your state, their unique sign-up bonuses provide a variety of ways for new players to claim up to $1,500 in risk-free bets.
From a sports betting app perspective, PointsBet has a lot to offer sports bettors, both new and experienced. They have some unique bets available and their proprietary sports betting format, PointsBetting, offers a greater variety of ways to bet. Bettors tend to look at them as a “tech company at heart” because the PointsBet app offers a quality user experience, better than some of its competitors.
PointsBet Sportsbook FAQ
Yes, you must be within state borders that they are licensed. Currently, PointsBet is licensed in New Jersey, Colorado, Illinois, Iowa, Indiana, and Michigan.
Yes. Originally founded in Australia, PointsBet is set to launch, eventually, in a dozen states in the US. They operate legally and are regulated online by the relevant state gaming commissions in each state.
Yes. PointsBet has an app on Android and IOS devices for the easiest to use sports gambling in the industry. The Android app must be downloaded from the PointsBet website. The Google Play store does not allow online gambling apps in the store.
21 or older. You must provide proof of identity when signing up for an account. In Iowa, you must go to Catfish Bend Casino directly to complete the registration. This in-person registration requirement will only be in place until January 2021.
Pointsbet Sportsbook Cash Out
Yes. PointsBet has a comprehensive website for fans in each state to place wagers directly on a website. This can be done on a computer or desktop anytime.
PointsBet Online Sportsbook offers a variety of cashout options from PayPal, credit/debit card, wire transfer, and even a physical check. You can also get cash if you are near one of their official casino locations.
Yes. PointsBet offers comprehensive and extensive live betting options. They are also one of the only sportsbooks who offer in-game parlay betting.
Pointsbet Cash Out Refi
Pointsbet Cash Out
PayPal, Credit/Debit Card, and Online Banking are all instant options to fund your account. You may also register for the PointsBet Mastercard to fund your account anyway you’d like, refer to our table above for a full list of ways that you can make a deposit at PointsBet .