PointsBet first launched in the United States in New Jersey in January 2019. The company is based in Australia, and in addition to having very good fixed odds pricing, PointsBet has brought a unique type of high-risk, high-reward sports betting to the USA that it calls “PointsBetting.” And gamblers are responding with a stampede of signups.
PointsBet Sportsbook gets extremely high marks overall. There are areas for improvement, of course. Still, the excellent user experience on both the mobile app and the desktop and the great pricing and overall betting options make this a world class sportsbook.
PointsBet has wasted no time showing that it will be a serious player in the United States sportsbook industry. Consider that PointsBet has employed the help of two American sports icons, NBA Hall of Famer Allen Iverson and former NFL All-Pro Cornerback Darrelle Revis. Both of these legends serve as brand ambassadors to help the company appeal to the US audience.
In addition to more traditional markets, its main selling point is a unique form of a high-risk, high-reward feature on the marquee as “PointsBetting.”
PointsBet opened its doors in Australia but is available under license from state regulators in New York, Pennsylvania, New Jersey, Iowa, West Virginia, Indiana, Colorado, Michigan, Virginia, and Illinois. It is expected to launch in the coming months in Louisiana, Arizona, Maryland, Ohio, and Tennessee. And a Canadian launch occurred in April in the province of Ontario.
Before the passage of C-218 by the Canadian Parliament, single-game wagering was not legal. Still, it wasn’t explicitly illegal either, resulting in a legal gray area that many offshore sportsbooks took advantage of. C-218 clarifies that each province has the authority to fully legalize sports betting and regulate it as they see fit.
Most provinces in Canada are doing that, beginning with Ontario, which legalized single-game wagering and started the licensing process for sportsbooks wanting to open up action in the province.
New registrants are eligible for not one but two risk-free bets (up to $2000 total). Just use the promo code BETBONUS when creating your account.
$500 risk-free fixed odds bet: For this bonus, you simply need to make a traditional fixed odds wager, such as a spread or Moneyline bet, up to $500. If you win, the winnings are yours to keep. If you lose, you get the amount of your wager, up to $500, refunded to your account as bonus bets.
$1,500 risk-free PointsBetting bet: For this bonus, you make a PointsBet; if you lose, you will get refunded up to $1500. PointsBetting is distinguished from fixed odds betting, but the same bonus rule applies: If your PointsBet goes kerplunk, the sportsbook will issue you up to $1,500 (corresponding to your actual PointsBetting loss) in the form of bonus bets. The site will process bonus refunds as bonus bets within 24 hours of bet settlement.
Every day, Top college and pro sports betting odds and picks can be accessed and made at PointsBet.