Up To $1000 In Risk Free Bets

  • Innovative Sportsbook
  • Great Promotions
  • PointsBetting
Pros
  • FREE $50 Bonus Bet
  • Good Prices and Odds
  • Unique and Exciting
Cons
  • No Teasers Offered
  • Can Be Volatile
  • Promotions
  • Banking
          
  • Software
         
  • Betting
         
  • Overall Rating
         

Available in New Jersey

Licensed by

Deposits and Withdrawals

PointsBet Online Sportsbook Promo Code and Review

PointsBet is an online sportsbook that is legal and licensed in the state of New Jersey. Having launched just in time for the Super Bowl, PointsBet is able to take real money online sports betting through a partnership with Meadowlands Racetrack.

PointsBet Bonuses and Promotions

Promo CodeGRINDERS
Deposit BonusTwo Risk Free Bets Up To $1000 + FREE $50 Bonus Bet!
AC PartnerMeadowlands Racetrack
Launched2019

PointsBet is really trying to carve their way into the very crowded NJ online sportsbook landscape by offering a huge selection of sports betting bonuses and promotions to get you started and keep you going. And the best part is, you don’t even need to use a PointsBet promo code to get the PointsBet bonuses and promotions. Let’s just jump right in.

$50 No Deposit Bonus

Just for signing up, PointsBet will give you a free exclusive $50 bet to test the waters on their site. There is no PointsBet promo code necessary!

Rank
Casino
Offers
Features
1
2 Free Bets Up To $1000
  • EXCLUSIVE $50 BONUS BET
  • Use Promo Code GRINDERS
  • Innovative PointsBetting
  • Fantastic Promotions

Two Risk Free Bets up to $1000

PointsBet will refund your first bet up to $500 on your first PointsBetting wager (more on this later) and your first fixed price wager for a total of $1000 in risk free bets. Unlike other sites where the refund has to be wagered all in big second bet, you can choose to break your refund bet into 2-4 smaller bets. For instance, if you wager $500 on your first bet, and lose, you can choose to break the second chance bet into two $250 bets, three $166.67 bets or four $125 bets.

Parlay Insurance

Place a 4+ leg parlay and if one leg fails, you get a full refund up to $100 paid out in bonus bets. Each leg must be minimum odds of -500 and total parlay odds of +100 or greater.

Good Karma Payouts

Every morning at 7am, PointsBet will review the last 24 hours of action to see if there were any injustices in the sports betting world. If they deem a bet worthy, they will refund the bets with bonus bets. For example, when Zion Williamson’s shoe exploded after only 30 seconds of action, all Zion related bets were refunded.

EPL and NHL Early Payout

If your team is winning by two goals at any point in the match during any EPL match or NHL game, you automatically win instantly up to your first $500 bet.

NCAAB No Juice Spreadlines

Place a spreadline bet on the top 8 ranked teams in mens college basketball and enjoy no juice. All bets will be +100 with a max bet of $200.

Name a Bet

If you don’t see an available betting market listed, just tweet @PointsBetUSA and PointsBet will price it for you.

Other Promotions

  • Boosted odds on certain games/ props nightly
  • Lunchtime boost: PointsBet will pick one bet per day for a limited time bet that is available from noon-3pm
  • Place a $50+ spreadline bet on select NCAAM basketball game and get $3 bonus for every 3 pointer
  • NO PointsBet promo code is necessary

Sports Offered

  • Baseball
  • Basketball
  • Football
  • NCAA (Basketball, Football)
  • Golf
  • Hockey
  • MMA
  • Motorsports
  • Soccer
  • Tennis
  • Rugby union
  • Aussie rules

Bets Offered

There really is no comparison in the New Jersey market to PointsBets available betting options. Choose from the traditional moneyline bets, pointspreads, single games, parlays, in game betting and totals. They offer one of the most diverse prop betting menus as well, from individual player props to head to head matchups between players, to individual quarter, half and period bets. One popular omission from the betting options is teaser bets.

When it comes to individual player props, no one can match PointsBets options. You can choose from points, yards, combined points with rebounds or assists. The sky is the limit. Another exciting feature is if you don’t see a bet offered, you can simply tweet @PointsBetUSA and they will add it to the list of options. For any NBA game, you can see anywhere from 200-250 betting options. This includes standard betting and a PointsBet exclusive, PointsBetting.

What is PointsBetting?

While it may seem scary and complicated at first, it really is just an spread bet on steroids. PointsBetting takes a traditional wager like a spread, total or prop bet and adds an exciting twist where the potential winnings (or losses) aren’t fixed, but vary by the outcome at the end of a game. The more correct you are in your betting predictions, the higher the winnings (or losses). The stakes are multiplied by how close the final outcome is to the original bet.

An Example of PointsBetting

Let’s take a look at an example. If the Sixers are favored by 5 points, and you place a $1 PointsBet wager, and the Sixers win by 11 points, your bet is now multiplied by 6 since they won by 6 more points than you predicted. This is also true if the Sixers lost by 2, leaving the bettor having to fork over $7 since they lost by 7 points under your betting prediction. The multiplier is set differently depending on the sport, since a 10 pt win is a lot easier in sports like basketball than in soccer or hockey. There is also a set cap for how much a player can win or lose depending on the betting market.

Make no mistake about it, PointsBetting can be a wild ride, so proceed with caution. You can also set your own multiplier caps or stop losses. So if a bettor chooses to set the cap at 5x, the most they can win or lose on a $1 bet is $5 no matter what the final score is.

Deposits and Withdrawals

PointsBet is relatively new to the New Jersey market, and as we have seen with new online sportsbooks, it sometimes takes a while to offer a wide array of banking options. PointsBet offers most of the standard methods, but we hope to see PayPal and a live option be added in the near future.

Deposit Methods

  • Online Banking: Set up online bill pay with your bank. Select your bank from a list of available banks and instantly deposit using your online bill pay.
  • PointsBet Card: Personalized prepaid card that can be funded by your Visa, Mastercard or ACH. The card will be instantly accessible to use and the actual physical card will arrive in the mail in 1-3 weeks.
  • ACH/Echeck: Securely links your bank account for easy instant deposits.
  • Credit/Debit:Use your Visa or Mastercard to fund your account instantly. Note: Some banks still block online gaming transactions or charge a fee, so contact your bank if you are unsure.

Withdrawal Methods

  • ACH/Echeck: Securely transfer funds to your bank account in 3-5 business days after the transaction has been approved by PointsBet.
  • PointsBet Card: Easily and instantly withdrawal funds to your card and withdrawal your winnings at any ATM or use the card anywhere Discover is accepted.
  • Online Banking:Simple and safe withdrawal method that doesn’t require credit card or ACH details.

Geolocation

Geolocation technology uses your phone’s GPS, IP address, and available Wi-Fi networks to verify that you are physically located in New Jersey. If PointsBet is having trouble verifying your location, check to be sure that you are allowing the app to find your location and that your Wi-Fi is turned on. When using the desktop, be sure to have and VPN turned off and be connected to Wi-Fi.

Deposits and withdrawals can be made from outside of New Jersey, but to place a bet, you must be physically located in the state. You do not however have to be New Jersey resident to participate.

PointsBet Company Information

PointsBet is an Australian based company that launched in 2017. They are the first company in Australia to offer spread betting. They have since expanded throughout the world and most recently brought their exciting cutting edge sportsbook to New Jersey via a deal with Meadowlands Racetrack. They pride themselves on being an industry innovator and promise an “edge of your seat” experience.

Frequently Asked Questions

How do I contact PointsBet if I am having trouble?

Scroll to the bottom of the homepage and click on help for their FAQ page. If you do not find your answer there, you can email them at service@pointsbet.com or use their 24/7 live chat feature.

Who can place a bet on PointsBet?

Anyone who is 21 years of age or older and physically located in the state of New Jersey.

What can I do if I have a gambling problem or just need a break?

There are several options for “Responsible Gaming” including self-exclusion, limiting deposits, time limits or temporary self-suspension.  You can also seek help by calling 1-800-GAMBLER.

I am new to sportsbetting, does PointsBet have any resources to help explain all the complicated lingo?

You can find all the information you need to get started with PointsBet on the PointsBet website.

Everything you need to know about PointsBet Online Sportsbook. Get details on PointsBet promo codes and bonuses, and a free $50 bonus bet when you sign up.
PointsBet Online Sportsbook Promo Code and Review
Date published: 02/27/2019
4.5 / 5 stars

About the Author

  • Ryan Gutzler (rgutzler)

  • Ryan is a former two sport collegiate athlete who now relives the glory days through men’s leagues, coaching and of course, writing about sports. He is also a poker player, sports bettor and avid Sixers, Phillies, Flyers and Duke homer.