Who is PointsBet Sportsbook

Former William Hill executive Andrew Fahey founded PointsBet in 2015. As the first Australian book to offer spread betting on sporting events, which increases the payout with each additional point in the margin of victory. By enhancing the game-viewing experience, PointsBet quickly became the premiere sportsbook in the country. 

PointsBet solidified its reputation as an industry innovator when it launched the “PointsBet” wager. Rather than simply offering over vs. under positions on a particular line, PointsBet allowed bettors to specify the number of points over or under – the more a bettor is right, the more they win. The reverse also applies as the more a bettor is wrong, the more they lose, though PointsBet allows the user to determine their acceptable loss according to a sliding scale provided by the site. Creating a new betting type boosted organic interest in the platform, especially during the first few years post-PASPA. 

In recent years, the company has relentlessly expanded global operations, especially in North America. In August 2020, PointsBet announced a five-year partnership with NBC Universal to become the official sports betting partner of NBC Sports. The $500 million deal gives NBC Sports a 4.9% equity stake in the sportsbook. 

PointsBet’s U.S. handle grew from $236.1 million in 2020 to $1.3 billion in 2021, a 450% increase. However, this aggressive pursuit of U.S. market share led to the company losing $450 million over that period. Short-term profitability aside, PointsBet’s easy-to-use mobile gaming experience and rapid integration into the U.S. sports media ecosystem ensure that it will continue its rapid growth in the years ahead. 

Best PointsBet Offer

Current offer: Five “Second Chance” bets up to $50

(Download the PointsBet App and return to click this link to claim your Free offer) 

PointsBet Sportsbook Review

PointsBet differentiates itself with fresh, innovative betting types. The sportsbook offers a wide variety of prop bets along with its pioneering “PointsBetting” option, which offers a new approach to traditional spread wagering. PointsBet also offers a generous array of daily promotions, which include: 

  • Early payout options the moment a team meets a particular threshold, such as an NFL team leading by 7 at any point in a game. 
  • Odds boosting to increase the payout on riskier bets, such as Jaylen Waddle exceeding 100 receiving yards. 
  • Full parlay refunds when one leg of a parlay does not convert. Note: Bettors are awarded their money back in the form of sportsbook credits rather than wallet cash.
  • PointsBet also supports custom wagers. Players may tweet the hashtag #NameABet to @PointsBetUSA and request odds on a particular event. 

Lacking the established brick-and-mortar footprint of United States-based casino operators, PointsBet rolls out betting operations more deliberately as it continues to build out its network of corporate partnerships. For this reason, the book currently operates in fewer states than the top market share US operators. 

Pros: Wide variety of sports, frequent value-added daily offers, aggressive welcome promotions (Code: UNDERWORLD)

Cons: “PointsBetting” increases the risk of big losses, a less intuitive user interface 

  • App Interface:
  • New User Bonus:
  • Digital Wallet Ease-of-use:
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PointsBet Sports Offered

  • Football – NFL, College Football (NCAAF), and Arena League
  • Basketball – NBA and College Basketball (NCAAB)
  • Baseball – MLB
  • Hockey – NHL
  • Golf
  • Soccer
  • Tennis
  • Boxing
  • Mixed Martial Arts (MMA)
  • Motor Racing – NASCAR and Formula 1
  • Cycling
  • Lacrosse
  • Volleyball
  • Rugby
  • Australian Rules Football
  • Cricket
  • Handball
  • Darts
  • Snooker

PointsBet Bet Types

  • Game Totals: A game total or over/under bet allows bettors to make a wager on the likely number of points both teams will score in a game or match. 
  • Halves: Halves allow wagering on either the first half or the second half as separate events.
  • Spreads: A PointsBet spread bet allows bettors to wager on the difference of points or victory margin in a game or match. 
  • Moneylines: Betting PointsBet moneylines allows you to pick the winner of the game, match, or event.
  • Props: PointsBet prop bets are short proposition bets and represent a wager not directly tied to the final score or outcome, such as a quarterback’s total passing yards in a game. 
  • Futures: Betting on futures allows sportsbook customers to stake a claim to an event outcome in the future, such as end-of-season win totals.
  • Live betting: The live lines allow bettors to place bets as the action unfolds and probabilities shift in-game. 

PointsBet Deposit & Withdrawal Options

PointsBet Sportsbook offers the following methods of deposit ($5 minimum, $50,000 maximum):

  • Visa
  • MasterCard
  • American Express
  • Debit Card
  • PayPal
  • PayNearMe
  • eCheck/ACH

PointsBet’s withdrawal options ($10 minimum) with processing time are as follows:

  • PayPal (1-3 business days)
  • Online Banking (1-3 business days)
  • eCheck/ACH (2-4 business days)

PointsBet Customer Service

PointsBet does not offer phone support but does offer live chat 24/7/365 and email support here: [email protected]. The Help Section at the bottom of the screen provides a wealth of frequently asked questions (FAQs). 

PointsBet States of Operation

PointsBet Sportsbook Frequently Asked Questions (FAQs)

Is PointsBet Sportsbook legal?

PointsBet is a regulated, fully licensed sportsbook operating in the states where sports betting has been legalized. The platform utilizes GeoLocation software to ensure customers are located in a legal gaming state when placing bets, which is industry standard. 

Is the PointsBet mobile app worth downloading? 

Yes. PointsBet’s creative betting options and wealth of available sports make it a must-have in any player’s sportsbook portfolio. Be sure to check the states of operation as PointsBet has a relatively deliberate rollout strategy and may be slower than other books to go live in newly opened states. 

Where do I download the PointsBet app for the iPhone? 

The PointsBet app is available in the App Store. Download it, register for an account, enter a username and password, deposit, and start entering your favorite plays. 

Where do I download the PointsBet app for Android devices? 

The PointsBet app is available in the Google Play Store. Download it, register for an account, enter a username and password, deposit, and start entering your favorite plays.

How Do I Deposit at PointsBet Sportsbook?

There are fewer methods for funding your PointsBet account than most major online sportsbooks. The service encourages users to fund their accounts using bank transfers, credit and debit cards, PayPal, or PayNearMe.