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States Available: CO, NY, NJ, ON, IA, IL, IN, WV
Australian company PointsBet entered the New Jersey sports betting market in 2018. They have since expanded their operations into Indiana, Illinois, Colorado, Michigan, Iowa, Virginia, New York, Pennsylvania and West Virginia. They also have a pending license in Arizona. While they are relatively small compared to some of the big US operators, they have some unique points of difference that are shaking up the market. They are offering Points Betting, the only site to offer this style of wagering. We also highly recommend checking out their site and taking advantage of the generous sign up offers.
The company has deep expertise in wagering with the CEO, Sam Swanell, establishing a leading Australian bookmaking business close to a decade ago. PointsBet is offered through online browser and via mobile app for both iOS and Android.
In Play (Live Betting) – Yes
Cash Out – Yes (limited)
PayPal Deposits – Yes
Physical shop – No
Mobile App and Web Browser – Yes
What is Points Betting?
Unique to PointsBet, Points Betting is a high-risk, high-reward wagering option that will be new to most players. Points Betting is determined by the margin of victory or loss, compared with traditional wagering where results are based on yes or no outcomes. For example, a player wagering for the New York Giants to beat the Patriots would win several times more if the Giants won by 19 than if they won by six and lose far more if the Giants lost by 19 than if they lost by six. Points Betting is offered for all the major US sports, but different formulas are used to determine profit and loss based on typical scoring levels in each sport. For example, a two-goal spread in hockey would result in a much broader variation in payout than a two-point difference in football.
Points Betting is guaranteed to appeal to those seeking large payouts, but PLEASE PROCEED WITH CARE! This type of wagering can expose players to larger losses than the initial wager. Begin with small wagers than would typically place and use the site’s “Stop loss” feature to place a cap on potential losses.
Interface Design – 9/10
Pricing – 9/10
Variety of Sports Offered – 10/10
Variety of Bet Types – 9.5/10
Promotions and Bonuses – 8.5/10
Stability – 9.5/10
Deposit Types – 7/10
What we like: Variety of markets, unique wagering features, promotions and loyalty program, 24/7 customer support team via email or live chat
Room for improvement: Multi-bet restrictions with parlay wagering, limited banking options
How do I register for PointsBet Sportsbook via the mobile app?
- Make sure you follow the link on our site, so you get access to the best possible sign up offer
- Apple customers can download the PointsBet iOS app from the iTunes Store. Android users must download the app directly from PointsBet’s website or in Google Play.
- Ensure your location services are turned on so you can verify you are in New Jersey.
- Create an account with a user name and password.
- Use the Pointsbet Sportsbook website to make sure bonus offers and promotions are active on your account
What does PointsBet CEO, Sam Swanell, say on their offering?
"We know sports betting, we’ve been doing it a long time… We’re taking that expertise and knowledge and we’re looking to capitalise on a once in a lifetime opportunity.”
"We’re very fortunate that not all states are opening up at once, because that would provide an advantage to the groups that have a bigger balance sheet," Mr Swanell said.
Where can you register and place bet with PointsBet?
Bets can only be placed in New Jersey. If you’re a resident of New Jersey but are physically located outside the state you won’t be able to place your bet. However, if you are a resident of another state but are visiting New Jersey, you will be able to register and place bets.
How do I set up location detection?
If you are using a mobile or tablet device, they have built in WiFi capabilities that automatically allow PointsBet to validate your location.
If you are accessing via a Web Browser, you must have a Location Detection Plugin to place a bet. A location detection plugin is a piece of software downloaded within your browser which allows PointsBet to pinpoint your location using your wireless internet connection.
If you believe you have correctly installed the geolocation browser plugin and would like to confirm:
• PC: Open Control Panel > Programs > Programs and Features. The Player Location Check plugin should be listed there.
• Mac: Open system preferences > look for Player Location Check icon in bottom row of System Preferences window (below Date & Time, Time Machine, etc.). If it is installed, it will appear here.
If the website still cannot detect the plugin, consider uninstalling and reinstalling.
Will my bank allow me to deposit via my Credit or Debit Card?
Most major banks allow transactions, but it is not universal. From our investigations, the following banks currently decline Online Sportsbook transactions:
- Bank of America
- Capital One
- Wells Fargo
- TD Bank
- Union Bank
- Huntington Bank
- Most prepaid cards
Banks regularly change its policies, so this list may change. Best to check with your bank.
Key markets offered:
- NFL and College Football
- NBA and College Basketball
- Auto Racing
- Combat Sports (Boxing and MMA)
- Ice Hockey
- Rugby Union
- Parlays (limited offering)
- Live Betting
- Bank transfer
- EML cards
- Cash at Meadowlands Casino
- PointsBet Prepaid card
- PayPal via the PointsBet Prepaid card