PointsBet Sportsbook is one of the quickest growing sportsbooks in the country, currently operating in Indiana, Iowa, and New Jersey.
The Australian born sportsbook will double their footprint in the American online sports betting industry when they expand into Colorado, Illinois, and Michigan by the end of 2020.
The small company has already seen raving reviews from their customers, and PointsBet is quietly becoming one of the more influential online sports betting companies in the industry. Recently landing an exclusive rights deal with Kroenke Sports in Denver, essentially giving the company deals with the Denver Nuggets and Colorado Avalanche.
PointsBet Sportsbook’s Unique ‘PointsBetting’ Explained
PointsBet Sportsbook is known in the industry for its unique and robust prop betting market. As far as legal online sportsbooks go, it’s one of the best in the industry.
The other major wrinkle provided by PointsBet comes from the name of the company itself. A method of betting known as ‘PointsBetting’ which is entirely unique to PointsBet Sportsbook.
However, this form of betting does come with a bit of a learning curve, and you can also find yourself losing a lot more money than you intended to lose if the bet goes south.
This of course has turned people away from PointsBet Sportsbook, and understandably so, as a simple $10 wager could become a big loss. However, it’s important to understand what points betting is, and whether or not you wish to give it a shot. For the risk it carries also potentially comes with some pretty big rewards as well.
PointsBetting is a high-risk, high-reward option to bet on games that makes every point in a given matchup mean something.
To illustrate how ‘PointsBetting’ works, consider that you wish to bet $10 on the over 230 between the Mavericks and Rockets.
Should the game go over the 230 point total and end at 240 points, the winning total is multiplied by the number of points it went over the original total.
In this example, you would win $100 for the game going over by 10 points.
While that sounds great, it can also be quite the painful loss if the game goes well under the original total, as you are on the hook for that as well.
Say the total between the Mavs and Rockets ends at 220. You would lose $100, not the $10 you would expect to lose on a traditional totals bet.
This is why we suggest one use caution when making these types of bets, and to not be afraid of using the ‘stop-loss’ feature PointsBet offers to prevent complete disasters from happening should you proceed with this type of wager.
Also, it’s probably a good idea to start with very low dollar bets on ‘PointsBetting’ wagers, just so you can get your feet wet and still potentially make a decent profit if you hit on a couple bets in a big way.
PointsBet ‘#NameABet’ Feature
Recently in the European gambling industry, the ability to create custom odds for certain instances caught on like wildfire, spreading to numerous online sportsbooks across the continent.
PointsBet Sportsbook has brought that idea to the United States via their ‘#nameabet’ feature.
Do you think Patrick Mahomes will throw for 300 yards, 3 touchdowns and the Chiefs will win by more than 10? Send that request to PointsBet on Twitter by tweeting it to @PointsBetUSA with the hashtag #nameabet.
Someone from PointsBet will receive your request and set odds for you for which you can bet on. Now players can literally bet on just about anything they want.
To use this promotion, the player must tweet it out at least two hours before the event.
PointsBet Sportsbook App
PointsBet Sportsbook has a mobile app that is available to both iOS and Android users.
It is considered to be one of the best apps in the American sports betting market. The design is very user-friendly and extremely sleek and easy on the eyes.
Live betting is a breeze on the app and easy to find. Locking in a wager at the perfect time in the game is also made as simple as pressing a couple buttons on your phone.
For many customers looking at places to bet on sports, PointsBet’s app and overall feel on both desktop and mobile is enough for many users to come on board.
How to Sign-Up at PointsBet Sportsbook
As is the case with most legal online sportsbooks in the United States, registering at PointsBet Sportsbook is a very simple process.
In New Jersey, it’s a very straightforward process in which you answer a few questions and you’re on your way.
In Iowa, there is a slight twist.
Iowa is different in that you need to finish registering at the casino that is partnered up with PointsBet Sportsbook — the Catfish Bend Casino in Burlington.
To signup, download the app and set up your account. After this because of state law being this way in Iowa, you must then finish your registration process at the casino. From there you’ll be able to play from anywhere within the state, it’s just the first time where they want to funnel you into a casino.
Who is Eligible to Register at PointsBet Sportsbook?
PointsBet Sportsbook eligibility policies are pretty much in line with what you’ll see across any legal sportsbook in the United States.
Anyone who is a member at PointsBet Sportsbook must be 21 years of age or older and be within the state borders of whatever state they are signed up to wager in. In other words, if you’re a member at PointsBet New Jersey and you wanted to go into the city to kick back some beers and watch the game, the moment you cross the Jersey border into New York you will no longer be able to bet.
Additionally, there are obviously restrictions as far as athletes, coaches, trainers, and other athletic staff closely tied to a professional franchise or collegiate team is strictly prohibited from gambling on sports.
PointsBet Sportsbook Deposit Options
Unlike their competitors, PointsBet Sportsbook offers very few options as far as depositing funds to your account go.
And by very few options we mean Visa or Mastercard.
At least they keep it simple right?
If there’s a con to PointsBet Sportsbook, it’s their lack of deposit options beyond a Visa or Mastercard.
PointsBet Sportsbook Payout Methods
PointsBet Sportsbook Payout Methods are even simpler than their deposit methods.
They only offer direct bank transfers.
And it takes up to 10 days.
Hey, PointsBet loves simplicity ok?
PointsBet Sportsbook Betting Options
PointsBet Sportsbook currently lists 17 sports for their customers to be able to wager on. The betting markets for these sports include:
- Baseball (MLB, College Postseason)
- Basketball (NBA, College, WNBA)
- Football (NFL, CFL, College)
- Golf (All Tours)
- Hockey (NHL)
- Soccer (MLS, International Club & Friendly)
- Tennis (All Tours)
- Rugby/Aussie Rules Football
As we touched upon earlier, PointsBet takes pride in the gargantuan offering of props in the NFL and NBA betting markets, examples of such props exclusive only to them are:
- Completion Percentage (QB, Game)
- Time, in seconds, of the first touchdown
- Time, in minutes, for score to exceed a certain total
With unique offerings like these, PointsBet draws a lot of attention from prospective customers.
PointsBet Rewards Program
PointsBet does indeed offer a loyalty program to their members, despite many in the industry starting to move away from this concept.
PointsBet offers users a “rewards” page where players are able to track their points, very similar to how a rewards program at a casino works.
The PointsBet royalty program offers their players one reward point for every $1 fixed odds wager, and five points for every $1 wagered on a parlay.
Players will also win one reward point for every dollar won or lost on PointsBetting, the sportsbook’s flagship offering to their members.
From there, players will gradually earn enough points for free plays and other bonuses.
PointsBet Sportsbook Rating
Our only gripes with PointsBet are their limited options in depositing and withdrawing funds, and the confusion of ‘PointsBetting’ which can get even the most seasoned of bettors in a deep hole if they’re not careful with what they’re doing.
Besides that, PointsBet Sportsbook is absolutely outstanding and will make those who are lucky enough to be able to use their services very happy sports bettors.
The Hook Rates PointsBet Sportsbook:
/ 10 months ago
The NBA has now reached the quarter pole of the 2020-21 season and there...
/ 10 months ago
While the races to be named the 2021 NBA MVP and 2021 NBA Rookie...