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PointsBet to Pay Back Bets on New Orleans Saints

Pointsbet.com recently announced it would pay back bets on the New Orleans Saints due to the belief that the team was victimized after an egregious missed pass interference call changed the outcome of the game in the final minutes.

PointsBet said it will refund spread and money-line bets on the Saints, who lost the game after officials failed to call a penalty on a Los Angeles Rams defender who leveled a New Orleans receiver long before the ball arrived.

Rams cornerback Nickell Robey-Coleman acknowledged after the game he should have been flagged for a penalty.

The company announced what it calls a “Good Karma Payout” due to an unlikely event that swayed the result of a game. However PointsBet did not say how much the refunds will cost the company.

The move is reportedly the latest attention-grabbing payout by a New Jersey sports betting operator as numerous firms vie for market share and attention in the fast-growing market.

Just last week, PointsBet announced that through its partnership with both the Meadowlands and Tioga Downs, the company aims to provide the premium sportsbook many bettors had been waiting for and encourages their movement away from illegal offshore options.

On top of all traditional bet types, they plan to offer a new kind of wagering not seen in the U.S. — PointsBetting — rewarding players with more money the more they are correct. With the high-risk, high-reward offering of PointsBetting, how much users win or lose is determined by how accurate they are. For example, if a user bets $10 on the over, and the total ends 10 points over, that nets users $100. Stop-loss settings are able to be set by a bettor if they wish to limit their win and loss position. Users will still be able to make fixed odds wagers, which give a simple win-or-lose scenario.

“We’re extremely excited to bring PointsBet’s premium and game-changing sportsbook and signature betting options to the U.S.,” said PointsBet U.S. CEO Johnny Aitken in a press releases. “By offering some of the world’s sharpest betting offers and prices, we have the back of all sports bettors, no matter how sophisticated they are, and we’re serious about offering a one-of-a-kind VIP betting experience.”

PointsBet has been an explosive new brand in Australian’s highly competitive marketplace, with 45,000 clients, paying out over $300 million in 2018 alone and generating north of 147,000 bets in a single day. To build on this best-in-class reputation in the U.S., the brand has signed NBA legend and hall-of-famer Allen Iverson, and NFL great and future hall-of-famer Darrelle Revis, to help to usher in a new way for American sports fans to enjoy the game. Known for their fearless approach on the court and the football field, and their ability to challenge the opposition, Iverson and Revis are the perfect ambassadors to introduce the PointsBet brand and its exciting offering, PointsBetting, to American bettors.

As an introductory offer, all users will receive a free $50 bonus bet (no deposit required). In addition, new users will be given the opportunity to place two risk-free bets, with coverage up to $1,000. Customers will have up to $500 in losses covered for both their first traditional wager and their first PointsBetting wager, designed to give bettors a chance to try out PointsBet’s signature offering risk-free.

For more information on PointsBet, PointsBetting and how to sign up, visit www.PointsBet.com.

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