PointsBet Sportsbook New York Promo Code and Review
As of Jan. 21, PointsBet has become the sixth New York mobile sports betting site in New York. PointsBet has carved out a niche position in nine other US states with its unique pointsbetting product. This is like a spread bet but not like any spread bet you’ve seen before. The more you beat the spread the more money you win; the more you fall short the more money you lose. This is high energy, high risk sports betting.But this isn’t all you will find at PointsBet. There is an excellent easy to use sports betting platform and more than enough promotions and odds boosts to back up any normal sports betting activity.
On top of all this PointsBet offers a very substantial welcome bonus for New York sports fans. You get 5 Risk-Free Bets Up To $100 Each – Promo Code: USBET5RF. If you are looking for something different PointsBet has got it.
By Josh Markowitz
PointsBet Sportsbook is finally coming to New York. After months of anticipation, online sports betting launched in the Empire State on January 8 with four sportsbooks going live that day. PointsBet was not one of the New York sportsbooks up and running on opening day, but they are one of the state’s other five licensed operators and should be fully operational in New York in time for the Super Bowl.
So, what can users expect from PointsBet New York upon its launch? First and foremost, expect a unique betting market that offers features not found anywhere else in the industry, as well as a convenient user experience and some of the best promos around. All of this and so much more will be highlighted in this extensive review.
PointsBet New York: Promo Code and Free Bets
PointsBet offers players quite possibly the best welcome bonus of any online sportsbook. While PointsBet could specify something else for New York, its typical offer to new bettors based on other states is a risk-free bet worth $500.
These are allotted as one maximum $500 bet on what they deem “fixed-odds bets” (think of these as the traditional markets) and one maximum $1,500 bet in its special proprietary market known as PointsBetting.
Players will be refunded the money on losing bets in the form of free bet credits. For additional offers after sign-up, be sure to follow the promotions tab on the website. PointsBet changes certain specials throughout the year, so check in often to get the most out of its promotions.
About PointsBet New York
PointsBet is an Australian company that started in 2015 and entered the sports betting market in 2017 there. The company’s first American sportsbook launched in New Jersey in January 2019. Since then, PointsBet has expanded to Colorado, Illinois, Indiana, Iowa, Michigan, and West Virginia with New York as the eighth state they will launch in. Despite a relatively new entry into the marketplace, PointsBet New York has quickly established itself as a force thanks to its unique and creative offerings.
Unlike other operators, sports betting is PointsBet’s first focus, not daily fantasy sports or traditional casino gaming, and it shows. In addition to the signature PointsBetting, they offer more markets for the big four major professional sports than any other sportsbook. PointsBet has also been the official sports betting partner of NBCUniversal since signing a five-year deal in August 2020.
Unique PointsBet NY Sportsbook Features
PointsBet distinguishes itself from competitors through numerous features not offered by any other sportsbook. Its trademark PointsBetting market offers players an entirely new way to play where margins beyond the traditional line matter for profit and loss. PointsBet New York also allow bettors to request custom bets which they will price as long as they are not too outlandish.
Players can find unique prop bets as well, such as quarterback completion percentage or time for a player to make their first basket in a game. Furthermore, PointsBet New York will offer all the features players expect from premium sportsbooks such as live betting, streaming, and early cash-out.
In-App Live Sports Streaming
PointsBet New York users will be able to stream certain live events on the website or in the mobile app. Active live streams are accessible via the “Streaming” tab on the drop-down menu on the left side of the page. For events where livestreams are unavailable, PointsBet offers animated graphics and statistics to help track what is happening. Streams play reliably with little lag or freezing issues and the picture quality is clear.
Live Sports Betting
PointsBet New York offers tons of fantastic live betting options available right in the center of the homepage. Bettors will find frequently updated odds on every event after it has started. One thing to note is PointsBetting is not available live, only fixed odd bets, though there is still an exceptionally thorough selection of these markets.
Online Betting and Cashing Out
PointsBet New York allows bettors to cash out bets early before an event has finished if they wish to secure a profit or prevent further loss. Players can cash out the full amount of their wager or now only cash out part of it if they wish to keep some money in the market. Cash-out offers are set based on how the event is going and are locked in after acceptance. These are awesome features for players looking to mitigate their risk.
PointsBet New York provides promotional odds boosts for certain events. This will allow users to find plays at better odds than typically offered and enhance the value of the sportsbook experience. Featured current odds boost offers can be found under the “Booster Odds” tab of the left side drop-down menu. Note that boosts often feature teams of local interest and are sometimes different between states. Be sure to check in often to get the most out of these specials.
PointsBet New York: Hits And Misses
|✅ Wide selection of markets including innovative proprietary ones like PointsBetting and Name a Bet||❌ PointsBetting, not for the risk-averse|
|✅ Enticing sign up bonus that offers up to $2000||❌ Will not have daily fantasy contests|
|✅ High-quality mobile app||❌ No customer support number, only email and live chat|
Hits: PointsBet Sportsbook
PointsBet New York is an excellent operator for those who truly love sports betting. PointsBetting is a totally different way to play from anything else offered by other sportsbooks and its more traditional offerings are quite strong as well. It is simply hard to beat the number of different markets PointsBet New York offers for major sports.
PointsBet’s sports betting app pairs this exceptional range of markets with a generous sign-up offer that allows players to make two, different risk-free bets worth up to $2,000. Though $1,500 of that credit is in the PointsBetting market rather than traditional bets players may be more familiar with, it is still one of the best welcome offers around. The clean user experience of the website and mobile app only further cements the quality of PointsBet Sportsbook.
Misses: PointsBet Sportsbook
While PointsBet’s top features are certainly exciting, casual players and those seeking a more one-stop gambling destination may not find PointsBet to be their operator of choice. Because PointsBetting can cause losses of more than the amount of the original wager, it requires a certain level of bankroll flexibility and fearlessness that is not necessarily for everyone.
Since three-quarters of the sign-up bonus offer is in the PointsBet market, players not as interested in Pointsbetting will not find the $2,000 quite as appealing. Players seeking daily fantasy contests in the same place as a sportsbook will also not find that on PointsBet, as they are entirely dedicated to their sportsbook offerings. PointsBet’s customer support access could also stand to improve as they do not offer a phone number to contact them with issues and attempt to fix most issues over email.
What to Bet on with PointsBet New York Sportsbook
At PointsBet, New Yorkers will be able to place bets on hundreds of markets across 21 different categories as well as have the ability to name custom bets. The offered categories are Australian rules football, baseball, basketball, boxing, cricket, cycling, darts, entertainment, e-sports, football, golf, handball, hockey, MMA, motorsports, rugby league, rugby union, soccer, table tennis, tennis, and volleyball.
Users will find an array of different professional and collegiate betting choices including extensive coverage of leagues from abroad. One thing to note is players can not wager on in-state college teams like Syracuse or Army due to state law. However, there will be loads of in-state professional betting options including:
PointsBet’s football selections are unparalleled thanks to its commitment to developing different bet types. Find spreads, totals, futures, the most comprehensive collection of prop bets around and so much more. The Giants and Jets may be done for the season, but fans will be able to find many exciting wagers on their games next season. Wager on Daniel Jones or Zach Wilson passing props or throw together a quick same game parlay, with so many choices there is surely a play for everyone during football season.
Meanwhile, the Bills are still in the playoffs and bettors can find up-to-date live Super Bowl odds after each playoff game. Buffalo currently has the third-lowest odds to win it all at +500 according to PointsBet.
In addition to its litany of NFL options, PointsBet prides itself on offering more NBA bet types than anywhere else. Players will often find over 200 different wagering options on games featuring the New York Knicks, Brooklyn Nets, and every other team around the Association. Want to bet on the total of Kevin Durant’s points plus rebounds plus assists or how many threes RJ Barrett will hit in a game? It is all possible on the PointsBet app.
PointsBet also features an extensive number of ways to wager on hockey. The Rangers are headed towards their best season in years led by Vezina Trophy favorite Igor Shesterkin, but PointsBet gives them just the third-highest odds to win the Metropolitan Division at +425.
Find betting selections for all games along with the Islanders, Sabres, the rest of the NHL, and even numerous foreign leagues on the site. Players can wager on things like wire-to-wire wins, exact goal margin, and whether a team’s goal total is odd or even in addition to dozens more basic bets.
MLB Games (Baseball)
Despite the ongoing lockout, PointsBet still has MLB futures posted for next season. The Mets and Yankees both are among the top seven favorites to win the World Series in 2022. Once baseball returns, expect to find a plethora of options, just as PointsBet offers for the other major sports. Get ready for the excitement of Jacob deGrom and Max Scherzer strikeouts and Aaron Judge and Giancarlo Stanton home runs with loads of player props and other interesting bet types.
PointsBet: New York Betting Basics
PointsBet’s exhaustive wagering choices include basic spread, moneyline and total line bets as well as a vast array of props, futures and parlay options. In addition to what PointsBet calls “fixed odds” markets, there is also the PointsBetting market where wins and losses are not preset amounts, but rather on a sliding scale based on margin.
All of these different ways to play make it easy for everyone to find something that suits them. However, all players may not be familiar with the ins and outs of every bet, so here is a quick guide to the most common types of bets found on PointsBet to help avoid being overwhelmed by the choices.
|🔥 Spread Bets||Spread betting is one of the most popular forms of betting. PointsBet will determine a favorite and then set the amount they believe that team will win by. For example, if the Chiefs are listed as -2.5 point favorites over the Bills, the Chiefs would need to win by more than three points for bets on them to win.|
|🔥 Moneylines||Moneyline bets require the bettor to simply select who they think will win a game, without any need to worry about a spread. For instance, if the Knicks are priced at -105 on the moneyline against the Timberwolves, an initial wager of $105 on the Knicks would yield $100 profit if they won. Odds with a + instead of a – indicate that a winning $100 wager would yield a profit of the marked amount + (So, +105 would be bet $100 to yield $105 profit).|
|🔥 Total Lines||Total line bets, often referred to as over/unders, are bets involving the combined number of points scored between two teams. Using the Knicks-Timberwolves example again, a total line of 210.5 requires the teams to score 211 points for it to be considered an over.|
|🔥 Prop Bets||Prop bets are not bets on the game itself, but rather on sub events associated with the game. Examples include over/unders on Stefon Diggs receiving yards or the number of goals the Rangers will score in the first period. For events such as the Super Bowl, props can go far beyond the traditional game and into things that happen pre and postgame.|
|🔥 Parlay Bets||Parlays combine several bets into one at enhanced odds, where every bet needs to win for the payoff. Players can create parlays with multiple different bet types includes spreads, moneylines, totals and props all one ticket if desired. In the event the Knicks and Nets have games on the same day, bettors could parlay the Knicks moneyline, the Nets -7, the over in the Knicks game and under James Harden points on one ticket if they wish and they will win a sizeable amount if all legs occur.|
|🔥 Same-Game Parlays||Same-game parlays are just like regular parlays except all legs take place in one game instead of multiple games. So, during Bills games, bettors can parlay them to win on the moneyline, the over, and the over on both Josh Allen passing yards and Stefon Diggs receiving yards, if they are feeling confident about the Bills winning a high scoring shootout.|
|🔥 Futures Bets||Futures bets are long-term bets on events that will not happen for a while. Because of the risk of time involved in these bets, odds are usually better in futures markets than other markets. The Mets are currently listed at +1000 to win the 2022 World Series, while the Yankees are +1200 on PointsBet’s futures offerings.|
|🔥 Fixed Odds Bet||Fixed odds bets are merely what PointsBet calls anything that is not from its special PointsBetting market. All the bet types listed above are examples of fixed odds bets. Players will have $500 of their $2000 sign-up bonus for a risk-free bet in any of these markets.|
|🔥 PointsBetting||PointsBetting is PointsBet’s signature offering that aims to make every single event in a game impactful. Players wager an initial stake on a spread or total and each point over or under that number becomes a multiplier for the amount won or lost. This can be quite volatile as wins and losses are not set amounts, but users who want to minimize risk while PointsBetting can set a cap on margins in this space, much like a stop/loss order in the stock market. With this style of betting, One can bet the Nets to win at -7, and if they win by 25 it would pay $180 on a $10 bet, because they beat the spread by 18 points. However, a 25 point Nets loss at this number would create a $320 loss from a $10 initial wager.|
Signing Up for a PointsBet Sportsbook Account
Registering for a PointsBet is account is easy and only takes a few moments. Users go to the website or mobile app, hit sign up and select New York as their state. PointsBet will ask for a name, date of birth, email address, phone number and social security number for identity confirmation. Then it is as simple as picking a username and password and depositing funds.
How to open an account with PointsBet NY:
|🗽 Step 1:||Go to PointsBet.com and choose New York.|
|📇 Step 2:||Enter a valid promo code USBET500|
|📝 Step 3:||Provide name, date of birth, email address, phone number, SSN and proof of address|
|🔑 Step 4:||Create a unique username and password and agree to the terms of service|
|💰 Step 5:||Make a deposit and begin wagering responsibly|
PointsBet NY: Prices for New York Sports Bettors
Odds on the PointsBet app are similar to those at other leading sportsbooks operating in New York. Some bets are priced better than those of competitors, while others are worse, even within the same sport. Players looking to find the best odds on every bet will need to continue to comparison shop between books, though PointsBet should certainly be part of that shopping rotation.
PointsBet Sportsbook Online Payment Options
PointsBet makes the deposit and withdrawal process smooth and straightforward. Deposits are accepted via online transfers from most major banks, credit and debit cards, PayPal, PayNearMe or e-check. These methods of deposit may have different limits and players looking to deposit in large quantities will likely find PayPal the easiest to work with. Funds can take up to three or so days to process depending on the source. Withdrawing funds from PointsBet is equally simple. Players may take their winnings by an online bank transfer, e-check or PayPal. Payment should be received within 2-5 days.
PointsBet New York Rewards and Contests
PointsBet users will earn rewards on every single bet they make. Players will accumulate one reward point for every five dollars in fixed odds bets, one dollar in parlays or every dollar won or lost in the PointsBetting market. Every 100 rewards points equals one dollar in free bet credits, although PointsBet requires a balance of at least 250 rewards points for redemption. PointsBet also has two levels of invitation only VIP rewards known as the Diamond Club and Platinum Club. For players looking for daily contests and tournaments, PointsBet is not the sportsbook of choice, as they do not offer these features currently.
PointsBet User Experience for New York Bettors
The overall user experience at PointsBet is excellent. It is quite noticeable how much effort they put into its sportsbook product given the quality and depth of betting offerings. The website and mobile app are both visually appealing products with impressive functionally as well. PointsBet makes finding the desired wagering option and getting to promotions easy, the biggest issue is finding help for certain questions as that part of the site could be laid out a little better.
PointsBet Sportsbook App: Mobile Sports Betting in NY
PointsBet’s mobile app closely resembles the desktop version and works terrifically on all devices. It has a 4.7 rating on the App Store and a 4.6 rating on Google Play based upon thousands of reviews. The app loads quickly, has little lagging issues and is extremely easy to use. Players can make all the same bets on mobile and clearly see where their bets stand with the mobile bet slip.
PointsBet Website Interface NY
The PointsBet sportsbook website is superbly designed with impressive visuals that making using it a treat. They do a good job of not crowding the page, unlike some sportsbooks and the text is easily readable. Expect smooth navigation between sections and impressive depth on individual event pages. Promotions, live streams and every sport are easily accessible on the left side of the page. PointsBet also does an excellent job highlighting what events are about to go live on the right-hand side of the page. Users bet slips can be accessed at the top of the page.
Customer Support with PointsBet New York
One area PointsBet sportsbook could stand to improve on is its customer service. Once customer service is contacted, they are generally helpful though PointsBet does not make it as easy to access on the website as they should. Support is offered either by email or live chat, which is staffed 8:30 a.m-5:30 p.m. Monday through Friday, though PointsBet tends to prefer to conduct as much support as possible over email at [email protected].
It would benefit PointsBet to add a phone number to call and better organize the help tab to assist customers looking for support, though the help tab does offer guidance for a multitude of other questions.
PointsBet NY vs Other Sportsbooks in New York
Since PointsBet is one of nine online sportsbooks licensed in the Empire State, bettors will have other choices of sites to use. So how does PointsBet stack up against some of the other top operators in the state?
PointsBet vs. Caesars Sportsbook New York
Since acquiring William Hill, Caesars has made a large push into the sportsbook sphere leveraging the strength of its casino brand and enhancing rewards offerings. PointsBet’s website has better functionally than Caesars though the brands offer similar levels of odds. Users who are intrigued by earning rewards for Caesar’s branded comprehensive entertainment offerings will enjoy playing with them, but those looking for extensive markets will likely find PointsBet more to their style.
PointsBet vs. BetMGM Sportsbook NY
BetMGM is another established casino brand that has jumped head first into the online sportsbook world. The sportsbook offer certain contests that PointsBet will not and also have rewards that can be used at its other properties like Caesars, but the website is overly crowded at times, unlike the more minimalist PointsBet user experience. While BetMGM also offers an impressive selection of sports to wager on, they too do not offer what PointsBet does in terms of creativity of bet types.
PointsBet vs. FanDuel Sportsbook New York
FanDuel entered the sportsbook scene after starting as a daily fantasy site and has quickly turned themselves into a leading brand. Players seeking top notch contests and daily fantasy offerings in the same place as an online sportsbook will likely prefer FanDuel, as PointsBet does not offer these features. However, PointsBet once again wins on betting markets, as no one in the industry really can compete with things like PointsBetting.
Safety and Security Features of PointsBet NY
PointsBet customers can feel at ease knowing all their personal and financial data will be secure when using the site. Everything is encrypted and users have the ability to protect themselves through two factor authentication. Still remember to use a strong password that features a diversity of character types when signing up for an account.
Taxes in New York for Online Sports Betting
In addition to the 24 percent federal tax rate levied on gambling winnings, New York will tax winnings at an additional 4% to 8.82%, depending on income level. Players in New York City will also be subject to an additional city tax. Sports betting winnings of $600 or more are automatically notified to the IRS. Operators are taxed at a rate of 51% on their revenue, one of the highest rates in the nation.
PointsBet’s Measures to Responsible Betting
It is always important to remember to game responsibly and PointsBet offers several tools to help bettors play in a healthy way. Players can set limits on how much they deposit or bet and even on the amount of time they spend on the site. If players need to avoid the website all together, they also have the right to self-exclude either temporarily or permanently, at which point access will be blocked. Please remember to always maintain a budget and anyone with a gambling problem is urged to seek assistance.
Final Thoughts on PointsBet NY from USBR
Serious sports bettors will find PointsBet a must-add to the rotation due to its unrivaled depth of markets. Players that are at all intrigued by the idea of PointsBetting should definitely try it as the $1500 risk free bet for that market is a fantastic offer, especially considering there is more to PointsBet’s sign up offer.
Players that are not interested in PointsBetting itself or want more contests likely will not find PointsBet to be their top operator, but the site has more than enough redeeming qualities to merit download even if players need to use another sportsbook as well to cover the things not offered. Users will always find competitive odds, good promotions and other creative bet types that make for a fun experience.
The layout of the site is crisp and does not overwhelm the user like some sportsbooks. Customer support could be easier to access, and it would be nice to see them expand certain futures markets, but the innovation they bring to the online sportsbook world is notable and will definitely make PointsBet a strong competitor in New York upon launch.
FAQs about New York Sports Betting with PointsBet
☝️ Is it legal sports betting available in New York?
It is legal to bet on sports in New York. Casinos in the state have been allowed to take bets since 2019 and online sports betting was approved in 2021, going live on January 8, 2022.
☝️Does PointsBet New York Offer risk-free bets?
PointsBet will offer new customers two risk free bets. One bet will be up to $500 for what PointsBet considers a “fixed odds bet” and the other bet will be up to $1500 for the PointsBetting market.
☝️ Can I bet on college sports with PointsBet NY?
PointsBet offers New Yorkers an impressive selection of college sports wagering options. The one exception is players can not bet on in-state colleges or events, but everything else is allowed.
☝️Does PointsBet NY have an online casino?
PointsBet does have an online casino, but the state of New York does not allow online casino gaming. In order to access PointsBet’s casino, players will need to visit New Jersey or another one of the states PointsBet operates in that allows online casino gaming.
☝️ Can I Live Bet at PointsBet New York?
PointsBet offers numerous great live betting options every day for dozens of leagues and games. It is all accessible right on the home page of the website or mobile app.
Visits PointsBet and create a new account today
PointsBet has become one of the leading online sportsbooks in the U.S. and with many more states legalizing sports betting, we are likely going to see this site increase in popularity over the next few years
Use our link above to get a sign-in bonus and you’ll be able to bet in no time.