PointsBet Promo Code 2023 & Welcome Bonus
The Aussie betting giant PointsBet is live in the US and offering great welcome bonuses for all new signups. Whether you’re into casino games or the best sportsbook offers around, there’s something for your at PointsBet. We’ll show you how to get ready with a PointsBet account and bonus.
Click on the PointsBet online link or download the mobile app for iOS / Android. Alternatively, sign up online to receive current Pointsbet welcome bonus using our PointsBet promo code.
Pointsbet Promo Code & Bonus Details
|PointsBet||Promo Code 2023|
|Casino Welcome Bonus||200% Refund on Total Losses (Michigan only). New customers 21+.|
|Pointsbet Promo Code 2023||WELCOME|
|Sportsbook Bonus||5x $100 Risk-Free Bets (CO), Risk-Free Bets up to $2,000 (IL, NY, IN, IA, MD, MI, KS, LA, NJ, PA, VA, WV).|
|Pointsbet Sportsbook Sign up Bonus Code||WELCOME|
|Promos||PointsBet Rewards, Platinum Club, Diamond Club, Bet Boost tokens, Name a Bet|
|Pointsbet USA Legal States||IL, IN, IA, MD, MI, KS, LA, NJ, PA, VA, WV, CO, OH (2023)|
|Features||Free Bets, Live Betting, NFL, NHL, MLB, NCAAF, Super Bowl Odds|
|Code Tested||Offers.Bet, 2022|
PointsBet Bonus Code & Welcome Offers per State
PointsBet welcome bonuses (not promo codes though) vary slightly depending on where you’re playing. The MI, NJ and PA PointsBet sites offer a casino alongside the sportsbook. Similarly, the sportsbook deal at PointsBet differs depending on the state you’re playing in. Colorado seems to have its own thing going on while risk-free bets are available in all other active states.
|PointsBet US State||PointsBet Sportsbook Bonus|
|Colorado||5x Risk-Free Bets up to $100 each|
|New Jersey||5x Risk-Free Bets up to $100 each|
|Pennsylvania||5x Risk-Free Bets up to $100 each|
|Maryland||5x Risk-Free Bets up to $100 each|
|Michigan||5x Risk-Free Bets up to $100 each|
|Louisiana||5x Risk-Free Bets up to $100 each|
|Indiana||5x Risk-Free Bets up to $100 each|
|Virginia||5x Risk-Free Bets up to $100 each|
|West Virginia||5x Risk-Free Bets up to $100 each|
|Iowa||5x Risk-Free Bets up to $100 each|
|Illinois||5x Risk-Free Bets up to $100 each|
|New York||5x Risk-Free Bets up to $100 each|
|Kansas||5x Risk-Free Bets up to $100 each|
|Ohio||Pre-launched offer. Check Ohio bonuses here.|
So, click on the PointsBet online link or download the mobile app for iOS / Android. You can find the mobile app in the App Store (iOS) or Google Play Store (Android). Alternatively, sign up online using Pointsbet bonus code in 2022 to receive current Pointsbet a free bet as a part of a welcome bonus package.
Pointsbet Sportsbook Promo Code Terms
- New Customer Offer: 5x $100 Risk-Free Bets (CO). Risk-Free Bets up to $2,000 (IL, IN, IA, MI, MD, KS, LA, NJ, PA, VA, WV)
- Promo Code for Poinstbet: use sign-up code OFFERSBET. T&Cs apply.
A PointsBet sportsbook welcome offer is available in all the operator’s licensed states. Kansas and Maryland were the most recent additions to PointsBet’s list of regulated sportsbooks.
In that state – as well as over half a dozen places like Pennsylvania and Virginia – you can claim risk-free bets up to $2,000. The code is the same.
You start by placing your first real-money wagers on fixed-odds or ‘Pointsbetting’ markets: if the bets lose you receive a refund in the form of free bets. The deal is worth up to $500 on your first losing fixed-odds bet and $1,500 on Pointsbetting.
In Colorado, however, as a new player at Pointsbet you can claim $500 in risk-free bets divided into $100 chunks. Your first 5 bets on the site are risk-free and are worth up to $100 each. Start by placing a bet and if it loses you are refunded with a free wager. You have 1 bet per day for the first 5 days. As with other states, simply use the existing bonus code WELCOME when you sign up.
How Does PointsBet’s Welcome Bonus Compare?
PointsBet differs slightly from other US sportsbooks in having a unique spread betting model. That means its welcome bonus is unlike any other available in legal states. But even if you don’t like the idea of $1,500 in Pointsbetting cash, there is still $500 of fixed odds free bets to claim. The Colorado offer ($500 in risk-free bets) is half of what you’ll find at Caesars, FanDuel or DraftKings.
PointsBet Regular Promotions & Rewards
Most promotions at PointsBet focus around the various rewards schemes. You can join the PointsBet Rewards program and earn Rewards Points every time you place a bet. Rewards Points are reserved for bets on sports only.
For instance, you receive 1 point for each $5 wagered. Parlays pay 1 point for every $1 wagered. You can later redeem points for cold, hard cash.
What is the Pointsbet Casino Promo Code Offer for NJ & MI?
- Casino Welcome Offer: 200% Cashback on Losses (Michigan only)
- Promo Code: CLAIB BONUS.
- States: New Jersey, Michigan.
You receive a 200% refund on total losses for your first 72 hours of play. Losses are refunded in the form of free spin credits. The more you lose, the more credits you receive. For example, you receive $100 in credits if you lose $50-100 but $800 if you lose $401 or more.
You can use your free spins credits on any slot but the value of the spins isn’t included in any potential winnings.
PointsBet Sportsbook App Rewards Benefits
In addition, there are two PointsBet clubs for the bigger spenders. The PointsBet Diamond Club is invitation-only and features bespoke bonuses and free tickets to parties and events.
The PointsBet Platinum Club is also for select customers but offers a lower level of benefits than the Diamond Club. You can request an invite or qualification by emailing firstname.lastname@example.org or email@example.com.
- Parlay booster tokens
- 24/7 support
- Birthday gifts
- Access to events and parties
- Faster withdrawal times
- Risk-free bets
- Personalized offers
No Rollover Requirements: The highlight for free bet customers at PointsBet is that there are no playthrough requirements. That means you get to keep ALL free bet winnings without having to roll over.
Cash Out/Partial Cash Out: Use the Cash Out function to settle your bet early and secure a profit. You can also use a Partial Cash Out feature at Pointsbet where you can settle some of the wager and risk the rest.
Along with the special welcome bonus, PointsBet sportsbook also offers a good selection of bonuses as well as a loyalty program:
· PointsBet Live Same Game NBA Parlay
· PointsBet Partial Cash Out
· No Rollover on Free Bets
· PointsBet Rewards Loyalty Program
Sports Betting Markets & Bet Types at PointsBet
PointsBet now offers a comprehensive list of sporting events, betting markets and options for their customers:
- Rugby Union
- Aussie Rules
- Rugby League
Betting Options at PointsBet:
- Live Betting
- Props (N/A Colorado College Sports)
Top 10 US Sports Betting Markets at PointsBet:
- PGA Championship
- Super Bowl
- English Premier League
How Does PointsBet Work?
PointsBet offers a unique blend of traditional fixed-odds betting and its own spread wagering, known as ‘PointsBetting’. With fixed odds betting, you place a stake at a set price with a set payout. However, with PointsBetting, you can potentially win more the “more right you are”.
By selecting the PointsBetting tab, you are assigning a stake for every point above or below the set score. For example, the sportsbook may set the mark on total points for a game at 35. You simply select whether you think the final total will be below or above that mark, then set your stake.
You must also have enough cash available in the ‘Balance Withheld’ wallet in case your bet loses. Some bets have a Stop Loss adjuster that can limit your potential losses. You may also choose to cap the total amount that you can win.
For example, imagine PointsBet set the mark for total points in the Denver Nuggets vs Phoenix Suns game at 200. You think the total points will be higher so you bet $1 per point and go high.
The final score is 105-107 for a total of 212 points. You would win $12 (12 x $1) on going high on total points. Well done!
Parlays and Prop Betting Offers Explained at PointsBet
PointsBet Sportsbook offers a mix of straight bets as well as parlays and props. You can bet at a range of stakes and trigger special bonuses to enhance your play.
A parlay bet involves multiple wagers, each of which must win for you to bank your parlay. Parlays can consist of multiple moneyline bets on different games. Alternatively, you can combine a moneyline, point spread or totals wager into one parlay.
PointsBet runs parlay boosts, which enhance your profits on winning bets. You can also get parlay insurance which guarantees money back if one of your parlay legs lets you down.
The beauty of parlays is that you can combine lots of odds-on outcomes in one bet. This increases the overall payout.
For example, imagine you combine 3 NFL home moneyline outcomes in one parlay:
- Eagles @ Dolphins -110
- 49ers @ Bears -120
- Buffalo Bills @ Tampa Bay -110
The individual moneyline odds aren’t great, but combine them and your odds are +668. That means for a $100 stake, you’d win $568 profit.
PointsBet also allows for same-game parlays. These are parlays consisting of outcomes from a single game. For example, you might bet on a soccer parlay consisting of three wagers:
- $10 Moneyline home win
- Total Goals over 2.5
- First scorer
PointsBet offers prop (“proposition”) betting on all major sports. Props are wagers on events relating to specific players or the teams involved. Oftentimes, you can win on props before the game has even finished.
Player props may include your favorite star to score a goal or touchdown. You can also bet on which team is winning at half-time, total strikeouts or number of stolen bases.
To place a prop bet, find the game you want in the PointsBet lobby. Filter the markets by ‘prop bets’ and choose your wagers. You can also see which props are allowed as part of a Same-Game Parlay (SGP) and which ones you can cash out.
The Cash Out option is great if you want to settle early. PointsBet may offer you a smaller payout to settle your prop bet before the game ends. It acts like insurance against any last-minute surprises in the game.
Best Special Features at PointsBet Sportsbook
PointsBet sportsbook is arguably one of the most popular operators in the US and can be found across plenty of different states. PointsBet is licensed to operate in Colorado, Iowa, Michigan, New Jersey, Indiana, Illinois, Virginia, West Virginia, and Pennsylvania.
Hot Favourites: PointsBet neatly summarises and displays the latest and hottest favourites amongst bettors. Customers can see the top sporting events and markets that other bettors have been focusing on.
Quick Parlays: The quick parlay tab lets customers make parlays quickly and easily. The tab presents a list of sports to select from, alongside a series of different markets and options.
Moneyline bets: All the standard moneyline wagers are available at PointsBet app, as well as so much more. Pointsbet online sportsbook provides three-way moneylines on sports that don’t count tie games. With these wagers, a bet is settled as a tie if the score is deadlocked at the end of regulation time. There are also double chance moneylines through which a bet can win on two different outcomes.
PointsBet Sportsbook App Details
PointsBet sportsbook now offers a mobile app to its customers who want to bet on the go. Customers must still be physically present in the licensed state they are registered in to bet.
The Apple App Store has listed the PointsBet sportsbook app as 94.2 MB in size and requires iOS 10.3 or above to operate. The app can also be found on the Google Play Store, and the specifications will depend on the device being used. Users wanting to download the app for Android will have to check out the specifications independently.
PointsBet List of Eligible States
Where in the USA Poinstbet sportsbook is available online and as a mobile sportsbook app?
- New Jersey (Bally’s Atlantic City / Twin River)
- Pennsylvania (Hollywood Casino York / Hollywood Casino at Penn National Race Course)
- Michigan (Lac Vieux Desert Band of Lake Superior Chippewa Indians / Northern Waters Casino Resort)
- West Virginia (Hollywood Casino at Charles Town Races)
- Iowa (Catfish Bend Casino)
- Illinois (Club Hawthorne Crestwood, Hawthorne Racecourse, Club Hawthorne Prospect Heights)
- New York State
Deposits & Withdrawals
PointsBet offers a wide variety of payment methods for making deposits and withdrawals. Card payments are prohibited in Iowa. You can make in-person cash withdrawals from partner retail sportsbooks in several states.
- Debit card (Visa/MasterCard)
- Credit card (Visa/MasterCard)
- Gift cards
- Online bank transfer
- VIP Preferred (ACH/e-Check)
- Cash at Cage (Bally’s Atlantic City Hotel & Casino, NJ)
- Cash at Catfish Bend Casino (IA)
- Cash at Meadowlands Racetrack (NJ)
- Cash at Club Hawthorne properties (IL)
Customers support at PointsBet offers some good features for the customer’s convenience. Customer support has a live chat function which is accessible 24/7. There is a telephone line and email address, as well as a help center with FAQs and a search bar.
PointsBet Bonuses FAQs
PointsBet offers a welcome bonus for all its sportsbook and a casino offer in selected states. Earn free bets, cash back and loyalty points when you sign up to PointsBet.
Currently, PointsBet offers a casino product in MI, NJ and PA. You can bet on the PointsBet sportsbook in multiple states such as NJ, IA, IL and MI. You must be 21 or over to sign up to PointsBet.
PointsBet sportsbook does have a live betting/in-play option. Customers can simply navigate to the live tab to find the latest odds and offers.
New customers to Pointsbet can use this code during sign up to claim sportsbook’s current welcome offer. T&Cs apply.