PointsBet Sportsbook Review 2023-2024

Since their inception into America over a 4 years ago, PointsBet has established itself as a go-to sportsbook for all of the big leagues. They cover the full spectrum, including NFL, NBA, MLB, NHL and Division I NCAA College Football and Basketball. Furthermore, PointsBet appeals to fans of MMA, MLS/International Soccer, NASCAR, F1, MotoGP, ATP, and PGA to boot. And yes, they remain true to their roots by offering USA bettors the opportunity to wager on the sports that drove them to fame in the first place – Australian Rules Football and Rugby. You’ll even find the likes of Professional Darts and eSports in the midst of their sports betting platform.

Odds Offered
The bet types (as appropriate to certain sports) available at PointsBet are:

• Spreads
• Moneylines
• Teasers
• Parlays
• Over/Under Totals
• Futures
• Proposition Bets
• Live Bets

Everything you’ve heard about so far is on par with most other sportsbooks you’ve read reviews for. So what’s all the fuss about PointsBet really about? When it comes to odds offered, the buzz is centered around the brand’s PointsBetting platform.

Unlike one of the more traditional bets, the PointsBetting system does not fix the potential winnings or losses that can occur until the end of the game.  Your potential winning is determined by the number of points that you win by. For example, if you pick Team X to beat Team Y by 4-points and they win by 9-points, you win by 5-points. As a result, you receive 5x your bet amount! Conversely, if Team X only wins by 1-point, you pay 3x your bet amount. There may be a little more risk involved, but the payoff can be significantly higher than what is wagered with typical sportsbook odds. Isn’t the risk vs reward payoff what sports betting is all about anyways? You’re damn right. Plus, this feature is what makes PointsBet so much more fun to wager with.

If you’re still unsure about how the PointsBetting system works, you can watch this quick video here:

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The PointsBet PointsBetting platform is enough to get you to sign-up in itself. However, you want to know what their new player bonuses and promotions look like.

PointsBet offers a range of promotions and bonuses to new players who register for the sportsbook. At press, they are pushing the following sign-up promo through ActionSportsBetting.com:

Get up to 5 Bonus Bets up to $100 each if your first Fixed Odds cash bet of the day loses (1 per day for 5 straight days). Click the banner below for more details:

Once you sign-up and become a member, you will enjoy access to the PointsBet rewards program. The program rewards your wagering activity, allowing you to earn points that you can later redeem later for site credit.

You will earn points for every wager that you place as follows:

• Fixed-odds wagering: 1 Reward Point for every $5 wagered
• Parlay wagers: 1 Reward Point for every $1 wagered
• PointsBetting wagers: 1 Reward Point for every $1 won or lost

Once you have accumulated PointsBet Rewards Points, you can log in and visit the “Rewards” tab to redeem them for free bets at a rate of $1.00 per 100 Reward Points. To clarify, 250-points translates to $2.50 in bonus bets, while 5000-points equates $50 in bonus bets, and 100000-points earns you $1000 in bonus bets. Logically, the more you earn…the more you earn! Let’s break down the intervals:

Pretty great, right? It doesn’t stop there. PointsBet now has a VIP Program in addition to its Rewards Program. The VIP Program is by invite-only, but after spending some time (and making big wagers!) We were able to uncover what we understand to be the baseline of what gets you that elusive invite. It *appears that you will reach Platinum status once you’ve made $10,000 in wagers, while Diamond status goes out to heavy punters who have a $30,000 balance (per month) in handle during their tenure as a loyal member.

*Subject to change

Platinum level earns you:

• Exclusive bonuses on your birthday
• 5% deposit top-up
• Personalized promos
• Skip the queue to the PointsBet dedicated customer service line
• $100 risk-free single game parlay bet of 3+ legs a week.
• Red Carpet referrals with free bets of $200

Diamond level rewards include:

• Premium tickets and access to events across near you in the USA
• 10% deposit top-up
• Dedicated 24/7 customer service
• Red Carpet referrals with a maximum $3,000 free bet and additional experiences
• Personalized promos
• Access to the Diamond wire transfer facility for withdrawing funds

PointsBet offers several ways to deposit funds into your account. You can trust that every method that PointsBet uses is secure and safe.

PoinsBet recommends using online banking and has tailor-made the site for its use.

• Select online banking from the drop-down menu
• Select on your bank from the listing of over 2 000 banks preloaded
• Sign in to your banking app
• Select the account you want to use to deposit from
• Select the amount you wish to deposit
• Click on deposit
• You are ready to go

In our PointsBet sportsbook review thus far, we’ve laid out great ways to earn cash by wagering with the operator. But what about withdrawing your winnings? Many online sportsbooks in the USA pile on rollover requirements and over-complicate withdrawal methods. Thankfully, this is not the case with PointsBet.
Rollover Requirements

PointsBet does not have any rollover requirements on promotional free bets, though a 1x rollover requirement is required to benefit from the deposit bonus. Any bonus bet winnings can be available for withdrawal immediately, which is a serious plus when playing on PointsBet.
Allowable Payout Requests

You can request to withdraw funds at any time on PointsBet. There are, however, a few exceptions/restrictions for those making PointsBetting bets. Your account requires a certain balance to cover a percentage of your max loss should your wager lose. This amount varies according to the size of your wager and, therefore, your potential loss but is usually kept at 80% of a potential loss. Your account needs to have this amount available and thus cannot be withdrawn until all PointsBetting bets are settled, and monies squared up. All in all, this is logical.

Payout Methods

PointsBet offers three easy methods to withdraw funds from your sportsbook account:

• Online Banking
• ACH/eCheck via VIP Preferred
• PayPal

Online banking typically takes 1-3 business days while ACH/eCheck commonly takes 2-4 business days. PayPal is generally the easiest, with funds commonly arriving in your PayPal account within an hour to 2-days from your withdrawal request. The timeline to receive your PayPal funds from PointsBet will typically diminish over time, as the platform becomes familiar with your relationship with their accounting system.

Racebook

As addressed in the introduction, PointsBet has its roots in Australia. The country/continent is renowned for its love of horse racing so it comes as no surprise to find that PointsBet has a racebook tied into their platform.

Online Casino

What’s an online sportsbook without an online casino? How else are you to bide time between seasons, or even between in-season games? PointsBet understands this, and as such offers players access into a robust new online casino. You will enjoy 3D slots along with all of the table games you expect from an online casino, including blackjack, roulette, and baccarat. There is also a live dealer option whereby you can live stream the table action and watch the dealer spin the wheel.  You can also try your hand at one of their exciting new video poker platforms.

JefeBet staff found the PointsBet online interface  easy to navigate and use. Everything is set out logically, with an impressive range of sports and some genuinely innovative bets (the PointsBetting system) that offer a more engaging experience. Like the “desktop / laptop” version of the site, the available mobile app fairs just as well, if not better for bettors.

Mobile Betting Experience

The PointsBet mobile app is available on both Android and iOS platforms. It’s really one of the best on the U.S. market when it comes to interface and setup. The layout is intuitive and easy to use. Users can access all the same features (PointsBetting and live streaming) that they find on the website, and the promos are the same regardless of the format used.

Live Betting Experience

PointsBet has the full spectrum of live in-play betting available for your enjoyment and convenience. Moreover, they have created unique live bet options, allowing live in-game parlay betting on the big leagues and other relevant (to live betting) sports. Players can use any break in the on-field action to put together a live game parlay with just a few clicks. PointsBet has introduced Lightning Bets to specific markets. A Lightning Bet is limited to the next minute or plays within a match. It’s super quick and quite fun to play around (and earn winnings) with.

Accessibility Experience

At present, the PointsBet website has no mention of the company’s commitment to the guidelines set out by the World Wide Web Consortium concerning abiding by the web Content Accessibility Guidelines (WCAG). However, JefeBet testing has uncovered no issues with accessibility regarding vision and general navigation.