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PointsBet SportsBook Promo Code & Review

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PointsBet is one of the newest entries into the New Jersey, Iowa, Indiana, Colorado and Illinois sports betting markets. It will be adding Michigan soon, with other states sure to follow.

The site launched in 2019 under a partnership with Meadowlands Racetrack in New Jersey. Since then, it has expanded to other states in partnership with the Catfish Bend Casino in Iowa, the Hollywood Casino Lawrenceburg in Indiana, the Hawthorn Race Course in Illinois, and the Double Eagle Casino in Colorado.

The startup from Australia has imported a platform unique for online sports betting sites, featuring a high-volatility wagering format knows as PointsBetting.

PointsBet is licensed and regulated by the NJ Division of Gaming Enforcement, by the Iowa Racing and Gaming Commission, by the Indiana Gaming Commission, Illinois Gaming Board, and by the Colorado Division of Gaming.

Claim Your $250 In Free Bets at PointsBet
1
$250
In Free Bets On Deposit
Deposit $50 bet with $150 
Deposit $150 bet with $300 
Deposit $250 bet with $500 
Must Use Promo Code BONUSNOW

PointsBet Sportsbook promo code for 2020

PointsBet Promo CodeBONUSNOW
Promo ValueA deposit match in free bets worth up to $250
Legal StatesNew Jersey, Iowa, Indiana, Illinois, Colorado
Promo verifiedNovember 2020

PointsBet has exciting offers available to new players.

For starters, simply signing up for an account will get you a deposit match in free bets worth up to $250. The welcome offers are as follows:

  • Deposit $50, bet with $150
  • Deposit $150, bet with $300
  • Deposit $250, bet with $500

To activate the bonus, players need only enter promo code BONUSNOW. Please bear in mind that this bonus only applies to new players.

Get a deposit match in free bets worth up to $250 by using promo code BONUSNOW

What’s great about PointsBet Sportsbook?

PointsBet is a fantastic choice for bettors who stick primarily to the major betting markets because of its simple interface.

Players looking for high-risk, high-reward bets will find their best options here, as well as those who like extensive prop bet options for National Basketball Association (NBA) and National Football League (NFL) games.

What’s not so great?

Players who are inexperienced with PointsBetting (just about all new registrants, given the scarcity of this option) may find themselves confused if they begin using those markets without understanding them. They may also experience losses much larger than they anticipate.

Beyond the most popular sports in North America, options for other sports and events are more limited than at other sportsbooks.

Where Is It Legal to Play on PointsBet Sportsbook?

No up-and-coming sportsbook has better exemplified jumping in with both feet than PointsBet. The Australian newcomer to the American market has already expanded into four states in rapid order, and will undoubtedly extend its reach further in the coming months. PointsBet is already active in both online and retail settings.

Online

Like most sportsbooks, PointsBet’s main area of focus is the development of its online business. The flexibility and convenience of online sports betting makes sense to both PointsBet and its customers. At this time, you can play on the PointsBet app if you live in or visit one of the following states:

New Jersey

PointsBet New Jersey first took flight in January 2019. The sportsbook partnered with Meadowlands Racetrack as the second sportsbook on its license. New Jersey permits players to register online, so there’s no need to make the journey to the racetrack if you want to give PointsBet a try. However, you will not be able to bet on in-state college teams if you’re playing in New Jersey. You will also not be able to wager on in-state college games, either. Both prohibitions are mandated by state law.

Illinois

PointsBet Illinois became a reality in the Prairie State in September 2020 as the culmination of a deal between PointsBet and Hawthorne Race Course. The company’s choice of partner could prove fortuitous, due to the fact that Illinois lawmakers and Gov. J.B. Pritzker have seesawed back and forth about whether to require in-person registration. Hawthorne’s proximity to Chicago means that, at the very least, Illinois’ largest city should be able to play on PointsBet regardless of the machinations from the governor’s office. As it happens, Illinois also passed one of the more restrictive laws for sports betting, at least in terms of the prohibited markets. You cannot bet on high school sports, in-state college sports, esports, or even minor league sports in Illinois. So, be ready to stick to the pros if you live in the Land of Lincoln.

Indiana

PointsBet Indiana opened its doors for business in March 2020. Its in-state partner for the Hoosier State is the Hollywood Casino in Lawrenceburg. However, since Indiana allows players to register from anywhere, it is not necessary for you to drive anywhere if you want to try PointsBet in Indiana. You will not be able to bet on esports, though, as they and high school sports are not permitted to be markets on PointsBet. In addition, live betting is a bit hit-or-miss, according to the whims of the Indiana Gaming Commission, so you might want to double-check if you’re planning on betting during a game.

Iowa

PointsBet joined the sports betting market in Iowa in November 2019. Its partner in the Hawkeye State is Catfish Bend Casino in Burlington. This choice could prove to be a bit of a hurdle for the next few months, as Iowa is requiring in-person registration until the end of 2020. However, after this initial period, you should be able to sign up for PointsBet Iowa from anywhere in the state. Iowa law also makes it clear that there cannot be any non-sports betting, so esports, awards shows, and elections will not be appearing on PointsBet Iowa’s board. The book also cannot accept in-game wagers on in-state schools, so make your choices before the Iowa or Iowa State game count.

Colorado

PointsBet has a partnership with the Double Eagle Casino in Cripple Creek. While there is not a retail sportsbook there, the PointsBet online book went online in November of 2020.

Next Online Books to Launch

PointsBet deserves credit for jumping into the competitive American market with both feet. There are plenty of competitors who want to capture market share, and it cannot be easy to trade blows with American firms that are comfortable with the situation in the US. However, PointsBet has hit the ground running and does not appear to be slowing down. Here are the next places that we expect PointsBet to launch operations:

Michigan

A Michigan debut for PointsBet is not a question of if, but when. Michigan is likely a month or so away from a launch in November or December 2020, and PointsBet will almost certainly be one of the first to launch.

We know that PointsBet intends a Michigan version because of its partnership with the Lac Vieux Desert Band of Lake Superior Chippewa Indians, which own the Northern Waters Casino Resort in Watersmeet. Securing a deal was mandatory to operate in Michigan, but with that step out of the way, PointsBet only needs final clearance from the Michigan Gaming Control Board to be ready for launch.

Tennessee

Tennessee will become an online sports betting state before the end of 2020. The lack of retail casino locations in the state has created a scenario in which all Tennessee sports betting will be conducted in the online space.

Given PointsBet’s business model and practices, that scenario is perfectly acceptable. Though PointsBet does have some retail operations, its primary focus is online. PointsBet was not one of the first three companies to receive a conditional license from Tennessee’s regulators, but there’s no reason that they won’t be on the list soon.

Virginia

Virginia should have active online sportsbooks sometime in the first part of 2021. Because of its generally aggressive approach to expansion and the profit potential of the area, count on PointsBet as one of the early entrants to Old Dominion.

Virginia, like Tennessee, is an online-only state for sports betting. Look for companies like PointsBet to take advantage of competitors whose primary experience is in retail sports betting.

Retail

Along with its online options, there are also retail PointsBet locations as well. At this point, the main concentration of locations is in Illinois, due to a proliferation of PointsBet off-track betting venues. However, there’s no reason to assume that PointsBet won’t be appearing as the sportsbook of record in casinos all over the US before long.

Here are the live (or soon-to-be live) sportsbook locations for PointsBet:

Illinois

  • PointsBet Sportsbook at Hawthorne Race Course, 3501 S. Laramie, Stickney/Cicero, IL
  • Club Hawthorne Crestwood & PointsBet Sportsbook, 13148 Rivercrest Dr., Crestwood, IL
  • Club Hawthorne Oakbrook Terrace & PointsBet Sportsbook, 17W648 22nd Street, Oakbrook Terrace, IL
  • Club Hawthorne Prospect Heights & PointsBet Sportsbook, 1250 S. River Road, Prospect Heights, IL

Iowa

  • PointsBet Sportsbook at Catfish Bend Casino, 3001 Winegard Dr, Burlington, IA

Sports selection at PointsBet Sportsbook

PointsBet offers markets on 17 sports and more, according to its website. All of the most popular sports in North America make that list, as do soccer, rugby, Aussie rules football, and others.

Baseball (MLB)

At the time of writing, the site has not been operating during Major League Baseball’s regular season. Given its focus on American sports, it would surprise us if it didn’t offer a wide range of MLB betting options.

Basketball (NBA)

Players have access to more NBA prop bets on PointsBet.com than they do on any other sportsbook.

Some of the options regularly available include, e.g., how much time it takes a player to score a certain number of points, player multiples, and player shooting percentages.

Football (NFL)

The site makes the same promise on NFL games as it does on NBA games, in terms of making more markets available than any other sportsbook.

Unique markets include, e.g., the time of the first touchdown in seconds, the longest field goal and quarterback completion percentage.

Hockey (NHL)

Players who like betting moneyline on National Hockey League games would do well to choose PointsBet.com, as it offers early payouts on such wagers, e.g. if a team is leading by two goals at any point in a game.

Players can also make the most of more than 100 pregame markets on regular season games.

Mixed martial arts (UFC)

Ultimate Fighting Championship fights have become extremely popular in recent years, and PointsBet.com offers markets that will meet the needs of the vast majority of players looking to bet on matches.

Available markets include moneyline, time of fight end, round betting, and method of victory.

Golf (PGA)

Players who enjoy golf can find a healthy range of markets for tournaments.

Outrights, tournament group and match betting, 72-hole line handicap, matchplay, and team matchplay attract the most players, though additional markets are available as well.

Other sports/leagues

Players who want an extensive range of markets and who bet primarily on professional sports in North America can find what they need at PointsBet. However, players looking for prop bets on other less-popular sports may struggle to find what they are looking for.

Although the site offers more than 100 markets on some soccer matches, fewer than 40 markets on such events are more common. Boxing offers even more limitations, with only moneyline wagering available for most fights.

Claim up to $250 deposit match in free bets by using promo code BONUSNOW

Bet selection at PointsBet Sportsbook

Moneyline wagering appears on each event, with totals and spread markets almost as readily available. Additional markets are not always possible. Also, the site does not offer teasers, which are extremely popular among certain betters.

Moneyline

Players can choose to place moneyline wagers on all of the events the site has to offer.

Point spreads

Point spread betting is the most familiar type of wagering to most Americans, so it fits this is one of the site’s standard offerings, available on about all events.

The site’s promotions sometimes offer better odds than the industry standard (-110), including no-juice odds on games involving the top eight college basketball teams.

Parlays

Players can put together a maximum of 12 selections on a single parlay. These selections may not include PointsBetting wagers.

Prop bets

The site brags it is the world leader in prop markets for NFL and NBA games, offering some that are unavailable elsewhere. When it comes to other sports, like soccer, and even other leagues, like the National Collegiate Athletic Association (NCAA), the number of available markets drops precipitously.

Players who are looking for markets on sports beyond the most popular professional leagues in the US would do well looking elsewhere.

Over/Under

Players can easily find totals markets, which is another name for over/under, for America’s most popular professional sports leagues. These markets are standard for most sportsbooks on all of the sports they offer, though they are not always available on PointsBet.com on sports like soccer.

Other bet types

One of the most significant marketing points for this website is a unique offering known as PointsBetting.

This feature gives players the opportunity to win, or lose, much more substantial sums of money on their bets based on how right or wrong they are. These types of bets are typically available in association with spread and totals betting. The site also offers them on some additional markets, although it depends on the event.

PointsBet Sportsbook NJ, IA, IN, IL, CO, and MI  mobile app

Players can use the site’s app, which is available for both iOS and Android devices, to place wagers on the go. The site provides a link to the app downloads at the bottom of each page on the site.

PointsBet Sportsbook’s promotions

Players can stay up-to-date on the site’s promotions on the “promospage. At any given time, the site offers a mix of one-off and standing promotions.

Standing promotions

The site offers an extensive range of standing promotions that often make it the best option for players making certain types of wagers.

For example, when a player bets moneyline on an NHL or English Premier League game, he or she can get an early payout if the team takes a two-goal lead at any point during the match. Reduced juice odds in the early afternoon is another popular option.

One-off promotions

Players looking to bet on unique events should check the promos page for individual offerings. Promotions on things like all-star games and skills competitions appear periodically throughout the year.

PointsBet Sportsbook’s loyalty program

Frequent and high-roller players will appreciate the site’s loyalty program.

Players get five points for each dollar wagered on parlays, one point for each dollar wagered in fixed odds markets, and one point for every dollar they win or lose on PointsBetting wagers.

Banking at PointsBet Sportsbook

Although the available options are sure to meet the needs of most players, this site has a limited range of banking options compared to other online sportsbooks.

Deposits

The most common option for players on PointsBet is to use a credit or debit card. PointsBet accepts deposits from both Visa and Mastercard.

However, you should check with your bank before you attempt to make a deposit with plastic. For one thing, several banks, including big ones like Wells Fargo and Bank of America, have a policy of denying deposit attempts and transactions with gambling sites. Secondly, even if your bank is alright with the deposit, it may (correctly) interpret the request as a cash advance and set you up for additional fees. Make sure you check all those things out before you attempt to deposit with a credit card.

PointsBet also allows players to deposit through electronic checks. An e-check works just like a regular check, except it’s much faster and there’s no paper to keep. PointsBet has an exclusive deal with EML to process these kinds of transactions.

You may also use PayPal if you like. The electronic wallet can sometimes allow a few more deposit methods to fund, so if you’re stuck, you may find a solution here.

Those methods are the only ones that PointsBet entertains at this time. Unfortunately, it is not possible to make a cash deposit at one of its retail locations yet, but given how recent the live launches were for the company, there’s a chance that option might present itself in the future. For now, you’ll have to use one of the methods listed above.

Withdrawals

Players who make PointsBetting wagers will find they are not able to withdraw all of their funds until they settle all of their open PointsBetting wagers.

All players must provide identity verification and credit card or payment verification before they can make their first withdrawal. The site’s withdrawal methods are the same as its deposit methods.

PointsBet Sportsbook’s software

Players who stick to the major markets will love this site’s no-frills approach to its sportsbook. It doesn’t offer streaming or have pop-ups that sometimes slow sites down.

Customer support

Players who want answers to their questions quickly should start by checking PointsBet’s “help” page, the Revis Betting Academy, and the site’s terms and conditions.

Should they require further support, customers can call from 8 am to midnight, or by chat or email at any time.

More on PointsBet Sportsbook

The site’s main selling point is its exclusive PointsBetting feature, though it also stresses its variety of markets for NFL and NBA games. Its success or failure will likely depend heavily on how well customers take to those two things, as it sometimes comes up lacking in other areas.

PointsBet Sportsbook updates 2020

PointsBet is an Australian company that started operating in New Jersey in January 2019.

It is partners with Meadowlands Racetrack and has two major, name-brand ambassadors — NBA Hall of Famer Allen Iverson and former NFL All-Pro cornerback Darrelle Revis.

PointsBet Sportsbook will no doubt make its mark on sports betting in the US thanks to its exclusive PointsBetting feature.

Like what you’re seeing? Register for a PointsBet account here!

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