As of March 2020, PointsBet is available for bettors in both NJ and IN.
This sportsbook is relatively new in the United States, but they seem to be doing well and are attracting a large number of new customers in a hurry. PointsBet is originally from Australia, but they were able to capitalize on the new opportunity in the United States, and specifically in the state of New Jersey and Indiana.
Before you give Pointsbet Sportsbook a try, take a look at our review as we highlight some of the top features of this new sportsbook, and point out a few things that we do not like.
Sign-Up Process
Most online sportsbooks have a very similar sign-up process, and that is the case with PointsBet. It is extremely easy to find the sign-up link when logging on to the Pointsbet Sportsbook site, and then the process is relatively simple and doesn’t take up much time.
Once you pick the state that you are in, you will be required to enter your name, date of birth, phone number and physical address, along with some other optional information. Your location will need to be verified each time that you log on to use the PointsBet Sportsbook site or app. You don’t have to be a resident of New Jersey or Indiana to sign up on the site, but you do have to be within state borders to make any wagers.
After agreeing to the terms and conditions that PointsBet requires, you will have the option to create a Username and Password to be used each time you access the sportsbook. That’s really all there is to it, and you are ready to go start making wagers on games.
Deposit Options
Figuring out how to get money into your account is one of the biggest things that people want to know, and there are currently four different deposit options offered by PointsBet.
PointsBet Card: One of the easiest ways to deposit money into your PointsBet Sportsbook account is to sign up for a PointsBet Card. This can be done by filling out an application after creating an online account, and it works just like a prepaid credit or debit card.
Credit Card: Pointsbet accepts both Visa and Mastercard as a method of deposit. There is a $5 minimum deposit, and a $50,000 maximum deposit when using a credit card.
Debit Card: A debit card deposit works much the same as a credit card deposit, including having the same minimum and maximum deposit limits.
eCheck: In order to use this form of deposit, a registered user will have to input their bank account information and have that information verified before any money can be deposited.
Other Deposit Options: PayWithMyBank (Online Banking) & PayNearMe
Withdrawal Options
PointsBet is currently offering the same withdrawal methods as deposit methods, but there are a few restrictions before any money can be taken out of your account. All open bets must be cleared before any withdrawal will be processed, and your identity and information must be verified as well.
The easiest and quickest way to get your winnings back from PointsBet is straight back to your PointsBet card. Money can be transferred back to your credit/debit card, but it will take a few business days to process.
Bonuses & Promotions
Since PointsBet has opened up its sportsbook in New Jersey and Indiana, it has already offered a ton of huge bonus and promotion options. It is hard to keep up with all of their new promotions as they have been coming fast and furious.
PointsBet is pulling out all of the stops in an effort to attract new customers, and they are willing to give away plenty of free money or free bets in order to establish their brand. They do offer promotional codes that will be delivered through email, so it is important to sign up with a verified email address.
PointsBet Reward members will get these bonuses or promotions automatically, but anyone is free to take advantage of this opportunity. PointsBet has extremely competitive sign-up bonuses being offered at all times, and it is worth signing up just to take advantage of these offerings.
Be sure to read all of the fine print with each new bonus or promotion that is offered to ensure that you are able to take advantage of what they are willing to give you.
Sports, Lines & Limits
Even though PointsBet is an Australia-based company, they have quickly figured out that sports betting in the United States requires a different set of betting options. They offer betting lines on all of the major professional sports, and they offer several different betting types.
PointsBet offers all of the traditional betting types, but they do have some unique options that can be hard to understand.
Spread betting, better known as PointsBetting, is one thing that sets PointsBet Sportsbook apart from their competition and from other sportsbooks across the United States. What this really means is that you can either win more or lose more depending on how much your team covers, or doesn’t cover, the spread.
PointsBet will set different payout rules for different points, and it can really be beneficial to you if you are able to pick a winner that covers the spread by a larger margin.
Their point spreads are usually very different from the rest of the sportsbooks on the market as well, and it can operate sort of like a teaser bet. You don’t have to pay more money to get extra points with PointsBetting as they will increase the spread in an effort to entice more action.
Mobile Betting
PointsBet Sportsbook offers a mobile app that is available for download on both Android and iOS, and it has been getting rave reviews since it was launched. Mobile betting has become the most popular form of sports betting in recent years, and PointsBet has you covered.
The mobile betting app operates much the same as the online sportsbook, and it is extremely easy to use.
Live Betting
Live betting is available through the PointsBet Sportsbook online site as well as through the mobile app. PointsBet currently has a limited amount of live betting options, but they are expected to add more sports and sporting events as they get things up and running.
Their main focus is on pre-game betting, but there is a live betting option for those users who enjoy and prefer that type of wagering.
Additional Offerings
PointsBet offers a rewards program that is available to any of its customers throughout the United States. The rewards program offers users a chance to earn points for each bet that they make, and these points can be redeemed for bonus bets at different intervals.
There is a “rewards” tab on the sportsbook website and on the mobile app that explains this program in more detail, but earning points or free bets for placing wagers is never a bad thing.
Customer Service
There are a few different options for customers who need customer service from PointsBet. Their customer service phone line is available seven days a week from 8 am to midnight, but they are available to help you out in other ways as well.
PointsBet has a dedicated email address that leads straight to customer service, and a live chat option is available as well. For more information on how to reach customer service, visit the “help” tab on either the sportsbook website page or on the mobile app.
Pros
With the unique betting options that are available at the PointsBet Sportsbook, this is the best place for the users who want to get more bang for their buck. Some of the betting options are extremely risky, but it can also be very rewarding if you are able to win a bet.
PointsBet is currently licensed in the state of New Jersey and Indiana, and they already have deals in place with other states to launch their sportsbook. PointsBet offers several unique betting options that you won’t find anywhere else in the state of New Jersey or Indiana. Their customer service availability is also a huge plus for those users who need some questions answered.
Cons
One of the biggest negatives about the PointsBet Sportsbook is that some of the betting options are hard for the casual sports betting fan to understand. There can be a chance that you actually lose more money than you initially wagered, and that can drive away some users. Being relatively new can also be a negative as they will likely run into some issues that they never saw coming.
Summary
There are several sportsbook options and all of them are competing to bring in new customers. Several other sportsbooks have a more established resume in the United States, while PointsBet is just starting up. Even though PointsBet is just trying to break into the market, this really is a sportsbook that you should give a try.
They offer some very unique betting options, and they have several ways to deposit and withdraw your money. PointsBet started in New Jersey, but they figure to spread to other states throughout the country as well. Indiana went live in March of 2020 and there are likely more states line up.
Their mobile app operates in the same way as their sportsbook website, and it is extremely easy to access and operate.