PointsBet Review

Pros

  • Very easy-to-use sportsbook
  • Get two Parlay boosts every single day
  • Excellent starting point for a beginner
  • A mobile-friendly sportsbook

Cons

  • Way too few casino games for experienced players
  • Not enough promotions
  • Need more banking options

Rating

  • Overall Score
    3.5 / 5
  • User Interface
    5 / 5
  • Promotions
    3 / 5
  • Banking Options
    3 / 5
  • Customer Service
    5 / 5
  • Mobile Usability
    5 / 5

Payment Methods

MasterCard
Visa-card-dark.svg
PayNearMe
Trustly

Withdrawal Time

Within 3 Days
PointsBet-Logo-Transparent.png

Get up to $500 in Free Bets

New PointsBet customers only. Place one fixed odds bet every day for five days. Each failed bet will return up to $100. Get up to $500 in free bets if all five of your wagers fail. Each free bet awarded will be the same size as the bet you placed. You can split your free bets up to four times in equal portions. New players must be in KS, IN, IL, IA, CO, WV, MI, PA, VA, or NJ and over the age of 21.

PointsBet is one of the fastest-growing sports betting sites in the U.S. for several reasons. When they launched, they had by the far the largest welcome offers, plus a unique type of wager you won’t find anywhere else. However, now that PointsBet is an established name like Caesars and DraftKings, does it compare to the best sports betting sites? We here at Bet Station are going to put PointsBet to the test.

The recent surge in PointsBet popularity could be down to a series of canny advertising campaigns. They have used famous faces like Drew Brees and Paige Spiranac, plus some unconventional stars, such as a porcelain throne. Whichever way you noticed PointsBet is irrelevant. Instead, we are focusing on the service and whether it can compete with the big dogs. Once you have read our PointsBet review, you will know everything there is to know about the sportsbook.

Get up to $500 in Free Bets

New PointsBet customers only. Place one fixed odds bet every day for five days. Each failed bet will return up to $100. Get up to $500 in free bets if all five of your wagers fail. Each free bet awarded will be the same size as the bet you placed. You can split your free bets up to four times in equal portions. New players must be in KS, IN, IL, IA, CO, WV, MI, PA, VA, or NJ and over the age of 21.

PointsBet Sportsbook

Having launched in Australia, PointsBet is looking to compete with the best sports betting sites in America. Originally, PointsBet was only available in a handful of states. Now, over ten states have access to the PointsBet Sportsbook, with more on the way in 2023. Therefore, it only seems fair to compare the service offered at PointsBet to its closest rivals, BetMGM, DraftKings, and Betway.

What if you are yet to experience sports betting? What should you consider before signing up? If this is your first time at a sports betting site, you must ensure several things. You will need to find out if the service runs in your state. What sports do you want to bet on, and is the right sportsbook for you? Although sportsbooks may look alike, each has many unique features. Some hand out promotions to all players every week, while others rely on reward systems to give players something to enjoy. Eventually, you will decide which system best suits your needs.

Don’t worry, this review will tell you everything you need to know before you sign up. That way, you can decide which service is right for you without having to waste time and effort with different welcome bonuses.

Sports

The average number of sports you will find in a typical sportsbook is 20. That includes American icons, such as basketball, football, and baseball. Plus, it includes sports that are popular all over the world, like soccer and tennis. At PointsBet, they have 19 sports to bet on, which is slightly below average. This number fluctuates as they offer exclusive bets during certain times of the year. For example, you can bet on the academy awards or certain motorsport events.

As well as looking for sportsbooks with a good mix of sports from across the globe, we also want to find a great selection of leagues. Take basketball, for example. It is played across Europe and Asia, so you want to find a sportsbook that allows you to place bets on these games. You might not have an interest in Finnish Basketball, but having it as an option is never a bad thing. Below is a list of all the sports you can bet on at PointsBet.

  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Academy Awards
  • Football
  • Formula 1
  • Golf
  • Hockey
  • MMA
  • NASCAR
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Tennis

Remember, different states have different laws surrounding what you can bet on. Take Esports, for example, most states do not allow Esports betting of any kind. If you just wanted to join the sports betting site with the largest selection, DraftKings has 23 different contests from around the world to consider.

Live Betting

The live betting section at PointsBet is surprisingly good. If you have seen our Betway review, you would see that it is common for an online sportsbook to offer live streams or fancy graphics representing live games. That is the case at PointsBet, but they provide some incredible stats. While watching along to a live game, you can see the win probabilities, a timeline of important events, and stats about each team’s recent performances.

We are firm believers in doing the research before placing a bet, and thanks to the stats at PointsBet, you can make your wagers using the information they provide. However, this information is not always available. It depends on how obscure the live game you are looking at is. If you pick a second-tier soccer match in Turkey, then you might not have any fancy graphics or stats to look at. For any major sport, the live sports betting section at PointsBet is up there with the very best.

PointsBet-Live-Betting.png

Odds

When we create a sportsbook review, we like to compare odds across different sites. This helps us judge sports betting sites as we look for sportsbooks with consistently better odds. For the PointsBet review, we compared the odds at this sportsbook to DraftKings. That is because DraftKings is one of the best sports betting sites and they consistently have exceptional odds.

Looking at NFL, NHL, and soccer games, the odds at DraftKings and PointsBet are very similar. Mostly, you will find the same odds at either sports betting site. On the occasions where the bets were not identical, there was a very slim margin between the two. In the EPL, DraftKings offered +175 for Bournemouth and +160 to Everton. The same game at PointsBet was +180 for Bournemouth and +155 for Everton. This format went both ways. Some wagers were marginally better at PointsBet, others at DraftKings.

What does this tell us? It means you will not see much of a difference placing a bet on either sportsbook. The fact that PointsBet is competing with DraftKings across multiple sports also means you are not missing out no matter who you join. We normally recommend swapping sportsbooks if one site has consistently better odds. But, the difference between the two is very minor.

PointsBet Casino

It is not uncommon for a sports betting service to offer an online casino for patrons to enjoy. This is a service only available in a select few states, such as New Jersey and Pennsylvania. That is because each state has strict rules surrounding online wagering. To check what is legal in your state, you can view our detailed guides, or check your state’s gambling commission.

The casino at PointsBet is on the smaller side compared to the competition. If you look at the average casino size for an online sportsbook, you are looking at around 400 games to choose from. At PointsBet, this number is considerably smaller, around 90 slots are currently available at the online casino. This number has accumulated over the past few weeks, but it still falls way short of the best.

  • Number of Slots: 85
  • Table Games: 6+
  • Live Dealer Games: 10+
  • Video Poker: 7

If you are looking to join the best online casino with a sportsbook, BetMGM reigns supreme. It has over 2,250 games and a library that is constantly expanding. They add more games at a much quicker rate when compared to PointsBet, making it far better suited to experienced casino players.

Slots

Once again, if you are serious about your slots, then Pointsbet is probably not the online casino for you. At the New Jersey PointsBet, they have less than 70 slots for you to enjoy. In Michigan, that number is slightly higher, with 85 slots. The number of slots is even fewer in Pennsylvania as they have under 50 slots.

Best slots available at PointsBet

  • Baywatch
  • Cleopatra Plus
  • DaVinci Diamonds
  • Wheel of Fortune Megaways
  • Cats
  • Lucky Larry's Lobstermania 2
  • Smash the Pig
  • Fortune Coin
  • Bill & Ted's Excellent Adventure
  • The Big Easy

If you are brand new to online slots, then perhaps PointsBet is a good place to start. Having such a condensed library is far less intimidating compared to the hundreds available at DraftKings. Starting with a smaller selection of slots might help you find the type of game you want. After all, slots can vary quite a lot, and when faced with hundreds, it is very difficult to choose one. This is certainly not a problem here and most of the slots at PointsBet will be available at other online casinos.

Table Games

Unfortunately, given the small casino game library, the same lack of variety applies to the table games. If you visit an online casino, like the one at DraftKings, you will see a variety of games to choose from. This includes a mixture of popular games you will find at other casinos, plus some exclusive DraftKings games. DraftKings has unique blackjack, poker, and roulette games that you will not find at PointsBet.

That does not mean there is nothing to choose from at PointsBet. Instead, it is a far more condensed selection. Plus, the table game library varies depending on the state you play from. If you are in New Jersey, you can choose from multiple blackjack tables, plus baccarat and poker. In West Virginia, they only have one blackjack table and two types of poker. The best selection is in Michigan, which has multiple types of poker and blackjack tables, including some exciting fresh additions.

Best table games

  • 3 Card Stud
  • Baccarat
  • Blackjack
  • Multihand Blackjack
  • Ultimate Texas Hold'em
  • Mississippi Stud

Once again, if you are new, the library at PointsBet could be a great place to start. It has a small mix of games, so you can try games out for the first time. Plus, there aren’t too many variations, so you won’t have to learn all the complex side bets. However, there is not enough here to keep an experienced player happy.

Live Casino Games

If you are a fan of live games, then the New Jersey PointsBet is the best equipped for you. It has a wide range of live games and game shows from Evolution Gaming. For those of you who don’t know, Evolution Gaming provides the best live casino games. They handle a new genre of live games, which mixes a casino game with a traditional TV game show. The result is a unique live experience you won’t find anywhere else, plus the chance to win over 500x your stake.

If you are playing live casino games from another state, PointsBet has a smaller selection to choose from. If you are in West Virginia, they do not currently have any live casino games for you to enjoy. If you want to know what live games PointsBet has, check out the list below.

Best live games

  • Roulette
  • Ultimate Texas Hold'em
  • Lightning Roulette
  • American Roulette
  • Dream Catcher
  • Speed Baccarat
  • Infinite Blackjack
  • Three Card Poker
  • Auto Live Roulette
  • Live Blackjack

The live games at PointsBet are like the selection you would find at most sports betting sites. Almost every major online casino has live games from Evolution Gaming, so you are not missing out on much by signing up here. Other casinos like BetMGM and Caesars have a better selection of live games, but most new players will enjoy the titles here at PointsBet.

PointsBet Banking Options

A deciding factor for some players when joining a sports betting service is the payment method. Being able to quickly and easily deposit and withdraw your funds is an essential part of sports betting. You want to find the online sports betting service or casino that is best suited for you. Whether you want to use digital methods like credit cards, PayPal, and personal bank accounts, or good old-fashioned cash, you want a service that can accommodate you.

PointsBet does not have as wide a selection of payment methods when compared to most of its closest rivals. Sportsbooks like FanDuel and Caesars are both excellent because of the wide range of deposit and withdrawal methods you can choose from. The good news is that PointsBet has options that should cover most of us.

Deposit Methods

At PointsBet, there are five main deposit methods to choose from. We have details about each service below, including any fees and the approximate time frame. The methods include eCheck, online banking via Trustly, debit or credit cards, and the PayNearMe service. You can make cash deposits at certain casinos if you live in New Jersey, Iowa, and Illinois, but let’s focus on the most widely available payment methods.

Deposit MethodTime FrameFee
Visa Debit and Credit CardInstant$0
Mastercard Debit and Credit CardInstant$0
TrustlyInstant$0
eCheck / ACHWithin 72 Hours$0
PayNearMeInstant$3.99

If we compare the deposit methods at PointsBet to a rival sportsbook, other betting sites have far more options. Take DraftKings as an example. It has over eight different ways for you to deposit your money into your online account. Make sure the sportsbook you join supports the payment method that you require.

Withdrawal Methods

There are only three ways to get your money out of PointsBet, but all three are quick and easy to use. You can use the online banking options, PayPal, or the eCheck method, all of which should be in your account within three business days. The online banking option has over 1,000 banks to choose from, including Chase, Bank of America, Wells Fargo, and many more.

Withdrawal MethodTime FrameFee
TrustlyWithin 72 Hours$0
PayPalWithin 24 Hours$0
eCheck / ACHWithin 72 Hours$0

Once again, New Jersey, Iowa, and Illinois all have cash withdrawal methods. This is where you can request a cash withdrawal and take an SMS code to a physical sportsbook to collect your winnings. This method is not convenient unless you live near one of the select few locations.

Like many other sports betting sites, you can only make a PayPal withdrawal once you have used it to make a deposit. This is to protect your account should someone gain access to your funds. This will prevent them from sending your cash to their PayPal wallet. However, do not share any of your personal information.

PointsBet Bonus Offers

One of our favorite aspects of any online sports betting site is the promotions. These are little bonuses to help make your average betting week more interesting. They can include a free bet for you to enjoy at any sporting event, or they can boost odds for parlays on certain sports. Some sportsbooks give out promos weekly; others allow you to earn them over time by betting a certain amount and collecting reward points.

PointsBet falls into the latter as they do not hand out promotions regularly. They can do special promos in the run-up to big sporting events, like the World Series and Super Bowl. But your average week is likely to be quite bare. That does not mean there is nothing to play with. Instead, they give out two parlay boosts every single day. You can boost one same game parlay and one normal parlay every 24 hours, making your returns even more profitable. The sportsbook will also boost certain bets before and during popular sporting events.

How does PointsBet compare to the competition? Most sportsbooks give out promotions every week for you to enjoy. This can include a free bet when you wager a certain amount on a specific sporting event. PointsBet does not give out as many promotions as FanDuel or BetMGM. So, if promotions are a big part of your game, then look elsewhere. However, if you are a fan of parlays, then PointsBet could be the best sportsbook for those wagers.

How to Claim?

PointsBet-Sign-Up.png

No matter what promotion you want to claim at PointsBet, you need to become a member first. If this is your first time signing up for a sports betting service, there are a few steps you need to complete before you can make your first wager. Below we have a small guide showing you everything you need to know about registering for your first sportsbook.

Step 1

The first step when signing up for PointsBet is to select your state and enter a promo code. The code varies for each state, or you can use our link, which should automatically paste in a code. If you do not see a code, do not sign up, as you will miss out on the welcome bonus. After this, you will need to enter your first name, last name, and a valid email address.

Step 2

The second step involves entering your date of birth, phone number, and address. Plus, you will need to enter the last four digits of your social security number. This is not just exclusive to PointsBet, most sports betting sites ask for your social security number to verify your age and address. After confirming this information, you will need to create a password. It must be eight characters or longer plus have uppercase and lowercase. The password also must include one number and one special character. Good luck remembering that!

Step 3

If for whatever reason, the social security number did not work, you can email PointsBet to confirm your account. Simply reach out to id@pointsbet.com with a photo of your ID, a utility bill, or a bank statement.

Once you have verified your identity, you are ready to make your first deposit at the sportsbook. All you need to do is make a deposit and place a wager on a fixed odds market. Up to $100 of your bet is risk-free, but you don’t have to bet as much as $100. To get the most out of this bonus, your first bet across five consecutive days is risk-free for a fixed odds market. This may sound confusing, but if you make one bet each day for five days, you can get up to $500 in free bets.

PointsBet Loyalty Program

Most sports betting sites have a loyalty system in place to reward players who play at the same sportsbook all year round. PointsBet has a similar system, except your points never expire. That means you do not need to stay loyal to PointsBet throughout the year, but it will help your points tally if you bet at the same sportsbook.

If you check out our review of BetMGM or the Caesars review, you will see two excellent reward systems. Both allow you to claim physical rewards, such as free meals, hotel stays, and discounts towards exciting activities and even holidays. At PointsBet, the only reward you can claim is free bets. We prefer a sportsbook that gives you more freedom over your rewards, but if you are not interested in holidays and meals, PointsBet is certainly the way to go. After all, you could use your free bet to win big and take yourself to Vegas.

If you are the type of player who bets casually over the year, PointsBet is almost certainly the best sportsbook for you. That is because most rival sports betting sites will wipe your loyalty point balance in the New Year, meaning you have to use them or lose them. That is not the case at this sportsbook, which is great news for more casual bettors. We could go into greater detail explaining the reward system, but we will leave the explanation to the lovely Paige Spiranac.

How to Earn Rewards Points

Earning reward points at PointsBet is easy. All you need is 250 points to claim your first free bet on the sportsbook. Plus, if you make use of the exclusive type of bet, PointsBetting, you can earn a large number of reward points in no time at all. To give you an idea of how many points you can expect from your wager, check out the table below.

Type of BetHow to EarnExample
Fixed Odds BetBet $5 and get 1 reward pointMake any low value fixed odds bet and get 1 reward point per $5 spent
Parlay / Same Game ParlayBet $1 for 1 reward pointEvery dollar you bet on a parlay or SGP equals 1 reward point
Live BetGet 1 reward point per $1 betFor every dollar bet on a live game get 1 reward point
PointsBettingEvery dollar won or lost gets 1 reward pointWhether you win or lose at PointsBetting, get 1 reward point per dollar
Fixed Odds Bet$200 bet gets you 200 pointsIf you bet large amounts on fixed odds bets, you can get 1 reward point per dollar spent

As you can see, certain bet types earn reward points a lot quicker than others. That is because of the risk involved. The greater the risk, the more points you can earn. We recommend only sticking to the bets you are comfortable with. There is no point in making high-stake wagers hoping to get more reward points. Simply play how you normally would and the points are just a bonus.

PointsBet User Interface

Some of you might wonder what exactly we mean by the user interface. To put it simply, we are looking at a sportsbook's layout and how easy it is to use. Whether you have several years of experience making sports bets or if this is your first time, you want to join a straightforward betting site. PointsBet certainly falls into the category of anyone could use it.

Let’s start with the basics. Most sportsbooks have a white color scheme, like FanDuel and Caesars, but the black and red colors on PointsBet are clear at all times of the day. No matter the size of your device, the clarity when browsing for sports bets is excellent. Besides the colors, there are a lot of positive features to celebrate. There are multiple tools to help you browse across different sports. Plus, they have dedicated tabs for PointsBetting wagers. This allows you to bet with precision as you can focus just on PointsBetting.

Making live bets at PointsBet is very exciting. That is because you can watch a live stream or detailed 3D representation of the game in real-time. Plus, they have pages of useful stats to help guide your next bet. This includes stats about the current game, the win probability, and some featured wagers to give you an idea of what people are betting on. Everything feels like they set it up for your success, which is a unique feeling at a sports betting site.

Navigation

The navigation at PointsBet is one of its strongest suits. Take the homepage, for example. The first bets that load is the featured wagers. This includes the upcoming important games that most of us might want to bet on. Sports like the NHL, NBA, and NFL, plus any other major sporting event, such as the World Cup. If you wanted to see what games are taking place right now, you can jump to the live category. At the top they have tags for each sport, so you can show or hide the live sports you do not want to see.

There is a third category for the homepage, and it is for the games taking place soon. The "next-up" category has a list of all the upcoming sporting events plus a countdown timer to when the game begins. This might not sound useful, but it is fantastic for planning parlays as you can add games taking place at the same time. Once again, you can filter the results using the tabs at the top to cut out the sports that do not interest you.

The toolbar at the bottom of your screen is excellent for navigating the sportsbook and casino. You can jump straight into the quick parlay builder, where you can create parlays using the moneyline, point spread, or over under wager. You can filter the sports to show just the NFL, NBA, or any combination of sports for your parlay. If parlays are a big part of your sports betting strategy, there are few better sportsbooks than PointsBet.

Technology

Sports betting sites need to be easy to use and quick to load. If a betting site takes a while to load, you can miss out on placing crucial live wagers, plus the odds could go up. PointsBet is an excellent online sportsbook for load time, allowing you to add bets to your bet slip and accept odd changes on the fly.

The search bar at PointsBet can help save you time when browsing. You can search individual teams, countries, and upcoming tournaments to find the bets you want to place. You can see the upcoming games of a team or a league without having to navigate the various tabs. PointsBet is not the only sportsbook out there with a search bar, but it is just one of many features to help you make sports bets.

Mobile Usability

If you are like us, then the most common way to make a sports bet will be through a mobile device. Whether it’s a smartphone or tablet, we want to find a sportsbook that is perfectly suited to touchscreens. PointsBet might owe a lot of its recent popularity because of advertising campaigns, but it is clear to see people have stayed with the platform thanks to its incredible mobile usability.

Clarity is an important part of our recommendation, as who wants to use a site that is hard to read? PointsBet avoids all those problems with a sportsbook full of useful icons and features. You can see when a game is live and whether there is a live stream available before you click on the contest. Plus, they have icons for sports with same game parlays, cash out features, and how many bets are available for you to consider.

The only downside is that the casino game icons are not as large and legible as we would like them to be. However, to make up for the size issues, they have an information button you can click to see more about the game. You can see a screenshot of most slots, including details about the bonus features and free spins. This is not a feature you will see anywhere else, especially not in casinos like BetMGM with over 2,000 slots.

PointsBet-Mobile.png

PointsBet Mobile App

Seeing as we have touched on the best mobile features above, let’s compare PointsBet to rival mobile sports betting apps and see how it performs. One of the best mobile experiences you can have when sports betting is through FanDuel. Whether you are playing fantasy sports or making sports bets, the FanDuel mobile app is perhaps the best.

There are a lot of similarities between PointsBet and FanDuel. If you ignore the colors, they both have friendly layouts and lots of tools to help you find the sports you want. When you click on a sport, they organize the bets into tabs and categories, so you can open up the ones that interest you. This is a much better system than sports books like DraftKings, which gives you hundreds of bets to scroll through before you can find the one you want.

FanDuel also has an excellent reputation for live games, something PointsBet is equal to. FanDuel will often have more live games available to watch along with the fancy graphics, but they both provide great live betting experiences. If you are looking for a mobile sportsbook, Pointsbet is just as good as the very best.

PointsBet Availability

PointsBet has expanded across the U.S. over the past few years. They have entered states like Kansas, Iowa, and Indiana recently, and they are planning further expansion in 2023. This will most likely include Ohio, which is opening its doors to online sports betting at the turn of the year. There is also talk of Maryland and Massachusetts following suit in 2023, but only time will tell if PointsBet will launch in those states.

A sportsbook's availability is crucial when deciding what site to join. That is because if the service is not currently available in your state, why wait around for it? You should look at the services available in your area and then choose from the best of them. Below is a complete list of all the states where you can join PointsBet.

StateSports BettingCasino
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine

Currently, there are 12 states with support for PointsBet. We expect this number to increase in 2023, especially given the recent expansion across already legalized states. Plus, when you consider new states are legalizing sports betting in 2023, PointsBet could well become one of the most widely available sports betting platforms.

PointsBet Customer Service

While we have been members at PointsBet for several months, we have encountered no serious issues. There have been many instances where the sportsbook goes down for maintenance, but that is usually away from peak betting times. However, we wanted to test out the support system at PointsBet to see how it compares to rival sportsbooks.

  • Live Chat: 24/7
  • Email: service@pointsbet.com
  • Phone: N/A
  • Support Languages: English, Spanish
  • Twitter: @PointsBetHelp

We reached to PointsBet via live chat and were speaking to a real person within a couple of seconds of launching the chat window. The assistant we spoke to replied quickly, was friendly, and genuinely cared for all of our queries. We have spoken to a lot of support agents when performing these tests, but we genuinely believe the support system at PointsBet was one of the best. While we can’t confirm the location of the live chat center, it felt like we were talking to someone with excellent English.

If you want to start a live chat, you might have to go through the help section. At the bottom of any article, below the thumbs-up and down icon, is a “Get in Contact” button. Click this to launch the live chat and get in touch with a real person.

PointsBet Comparison

Our PointsBet review has not only scrutinized the casino and sportsbook, but we have compared it to various rival sports betting sites. As far as sports betting goes, it is very easy to use, has a good range of sports to choose from, and has two parlay boosts you can use every single day. Where PointsBet falls short compared to the competition has to be the size of the casino and the number of promotions available. Sportsbooks like BetMGM and Caesars have much larger casinos with far more bonuses for all players to claim.

SportsbookNumber of MarketsFantasy SportsCasino GamesLive StreamPoker
PointsBet19100+
BetMGM192,250+
DraftKings2324930
FanDuel2019380
Caesars20400
Betway21450

Besides the small casino and lack of promotions, PointsBet is a fantastic entry point for most new players. They have an excellent support system, a variety of sports, and a condensed casino for you to try out casino games for the first time. If you are a seasoned bettor, the sportsbook has consistently good odds across multiple markets.

PointsBet Verdict

Our overall impressions of PointsBet are a bit of a mix. On one hand, you have a good sportsbook with odds that can compete with DraftKings. But, you also have a serious lacking of casino games compared to all the competition and not as many promotions as we would like. The reward system is a bit lacking with what you can claim, but the points never expire; unlike other major sports betting sites. If you were brand new to sports betting, PointsBet is the perfect place to dip your toe in. If you were a consistent bettor, PointsBet is good for claiming free bets eventually, but it is not the best overall sportsbook.

PointsBet Frequently Asked Questions

Is PointsBet legit?

PointsBet is a 100% legitimate sports betting service where you can make real money if you choose the right wagers. For any sports betting site to operate legally in the United States, each sportsbook must comply with a strict set of rules. These regulations vary depending on the state you are in. Be sure to check your gambling commission for more information.

How does PointsBet payout?

PointsBet pays out either by PayPal, eCheck, or Trustly; an online banking platform. You can get cash at any of the retail locations available in New Jersey, Illinois, and Iowa. To make a withdrawal, you need to ensure you are above the minimum amount needed to withdraw, which is $5. Once you have made your withdrawal request, you can expect to see your funds within 72 hours.

Do you pay taxes on PointsBet?

Unfortunately, yes. No matter which sports betting site you play at, your winnings are taxable. When filling out your income tax, you will need to declare any winnings as other income. Even if you bet casually throughout the year, you need to declare your winnings under federal tax laws. If you fail to do so, you can be severely punished.

What country is PointsBet from?

PointsBet began operations in 2015 in Australia. It wasn't until 2019 that the service started operating in America, launching in states like New York and Pennsylvania. Now, you can enjoy PointsBet from 12 different states across America, with more to come in 2023.

What states can use PointsBet?

Currently, there are 12 states where you can access PointsBet from. They include Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia. PointsBet will launch in Maryland in 2023 and it could launch in Ohio at some point in 2023.

How do you deposit money into PointsBet?

There are several ways to make a deposit into your PointsBet account. You can use a credit or debit card if it's a Visa or Mastercard. You can also use Trustly, an eCheck, or the PayNearMe service. PayNearMe is the only service that accepts cash, but there is a fee to make a deposit. You will find PayNearMe machines inside most convenience stores like Family Dollar or 7-Eleven.

What's the minimum deposit on PointsBet?

The minimum you can deposit at PointsBet is $5, but this may vary depending on your state. In some states, the minimum can be as much as $10. This also applies to the minimum you can bet. Ii some circumstances, the minimum you can bet is $0.50, but there are some wagers that allow as little as $0.10 staked.

Does NBC own PointsBet?

PointsBet announced a five-year partnership with NBC in August 2020. The $500 million deal gives NBC Sports a 4.9% equity stake in PointsBet with the option to purchase up to 25% at the end of the partnership. So, NBA does not own all of PointsBet, but they may own up to a quarter of the company come the end of 2025.

What sports can you bet on with PointsBet?

PointsBet has 19 different sports for you to bet on. This includes Aussie rules, baseball, basketball, boxing, cricket, cycling, darts, football, Formula 1, golf, hockey, MMA, NASCAR, rugby league, rugby union, snooker, soccer, tennis, and betting on entertainment events like the academy awards. Each state has different rules surrounding sports betting, meaning a few sports could be absent in certain regions.

Does PointsBet have parlays?

PointsBet is one of the best sports betting sites for parlays. That is because they give all players two parlays boosts every single day. One booster is for a traditional parlay, and the other is for same game parlays. These boosters can apply to parlays with three or more legs and they can help you drastically increase your winnings.