gradient
Promo Code
Four Risk-Free Bets Up To $1000
PointsBet is available in NJ, IA, and IN! T&Cs Apply, 21+.
Verified 08/14/2020
RG Rating: 4.5
Expires: 08/31/2020

PointsBet Sportsbook Promo Code

Never heard of PointsBet? That’s about to change. The new kid on the block, PointsBet was founded in Australia and only recently made the jump to the United States. Starting first in New Jersey in 2019, PointsBet has since enjoyed successful expansion to many states with regulated sports betting.

PointsBet is known for offering an elite mobile sports betting experience that includes an excellent app, plenty of betting markets, unique promotions, and innovative features like its exclusive PointsBetting wagers.

On this page, we’ll breakdown everything you need to know about PointsBet, including who can bet, the best sign up bonus, which promo code to use, and which states you can bet from.

PointsBet Promo Code Analysis

PointsBet NJ Promo Code

GRINDERS

Deposit BonusFour Risk-Free Bets Up To $1000
Wagering RequirementsN/A

PointsBet $1000 Risk-Free Bets

To claim the PointsBet offer be sure to enter code GRINDERS during registration.

The PointsBet welcome bonus comes in two separate, but similar parts. It consists of four $250 risk-free bets, but there’s a small difference in how you can use each:

Two $250 Risk-Free Fixed-Odds Bet

The first portion of the bonus comes in the form of two $250 risk-free bet that can only be used on a bet with fixed price wagers. A fixed odds wager is pretty much a standard bet on something like the spread, total, futures, etc. Any wager that has a set price that you accept would be considered a fixed-odds bet. The term “fixed” signifies that once the bet is placed, the odds are just that – fixed – they’re locked-in and can’t change.

To take advantage of the bonus, place your first fixed odds wager; if it loses you will receive a refund in the form of bonus bets worth up to the maximum of $250. All bonus bets will be credited within 24 hours of the wager settling. You can then repeat the process for a second $250 risk-free bet.

Two $250 Risk-Free PointsBetting Wager

The second half of the bonus arrives in the form of two more $250 risk-free wagers, although these have to be used on PointsBetting. We’ll include a more detailed explanation of PointsBetting a little lower, but it’s PointsBet’s exclusive, high-octane way to bet on sports. It keeps bettors invested for every single pitch, play, or pass – because they all matter.

Your first venture into PointsBetting is, as mentioned, risk-free, and if it goes south you’ll have those $250 safety net coming back as bonus bets.

gradient
  • Use Promo Code GRINDERS
  • Name Your Own Bets
  • NJ, IN and IA

Wager Requirements

Generally speaking, there aren’t many wagering requirements of note to accompany these risk-free bets. While they’re certainly valuable and will guarantee that you don’t start off your escapades with PointsBet on a losing note, if you do win your initial bets there’s not much value to write home about.

Unlike other sites where the bonus bets refund has to be wagered at one time with a big second bet, you can choose to break your PointsBet refund into 2-4 smaller bets. For instance, if you wager $100 on your first bet and lose, you can choose to break the second chance bet into two $50 bets, three $33.33 bets, or four $25 bets.

The PointsBet welcome bonus is just that: a welcome. After you’ve claimed it, as an existing customer you can’t do so again. Along the same lines, if someone you live with or share an IP address with has already pocketed the bonus then you’re out of luck. Limit one per household.

Creating A PointsBet Account

No matter where you are in the U.S. you’re only a couple of clicks and a few strokes of the keyboard from having a PointsBet account. To start, use any of the links we’ve provided on this page to visit the PointsBet homepage.

Next, click the ‘Sign Up Now’ button to get started. You’ll be asked to choose the state that you’re going to be betting in.

The following pages will require that you provide some personal details like your name, address, phone, and the last 4 digits of your Social Security Number.

Crucial for claiming the bonus, when prompted with the ‘Promo Code’ box be sure to enter our custom code: GRINDERS to lock in your risk-free bets. Notably, if you used one of our links it should auto-populate the promo code box with our code:

PointsBet Promo Code Box

Requirements to Bet

Generally speaking, PointsBet welcomes all new bettors who can satisfy the two principal limiting qualifications of online wagering in the U.S.:

  • Age limit: 21+
  • Location: You must physically be located in a state with licensed online sports betting to place a wager.

If you’re not old enough, or you aren’t inside of a state that has legalized online sports betting, then you’re out of luck – you can’t bet on sports. Otherwise, it’s time to sign up!

Location Settings

So how does PointsBet know where you are? The site employs sophisticated geolocation services to pinpoint your exact location. If you’re betting from your phone or tablet, communicating your position can be as easy as flipping the ‘Location Services’ button on. Once you’ve OK’d it, the PointsBet mobile app can connect right to your phone’s GPS chip and relay that information to the site.

It’s only a little more complicated for those trying to wager from a computer. Prospective bettors will be required to download and install a geolocation plugin that can use a stable WiFi signal to place you. The plugin download will be pulled up for you automatically while navigating the site, and if you don’t have it on, you won’t be able to place a bet.

PointsBet: Available States

While it didn’t debut in the States until 2019, PointsBet has been busy. Following its January launch in New Jersey, it rounded out its first year in the market by opening for both online and retail betting in Iowa. In the time since it has expanded its operation to the majority of states with access to legal wagering, with no signs of a slow down.

PointsBet is active, or has already established a licensing partner in all of the following states:

StateBonusCasino PartnerLaunch Date
New JerseyGRINDERSMeadowlands RacetrackJanuary 17, 2019
IowaGRINDERSCatfish Bend CasinoNovember 26, 2019
IndianaGRINDERSHollywood Casino LawrenceburgMarch 4, 2020
IllinoisTBDHawthorne Race CourseTBD
ColoradoTBDDouble Eagle Hotel CasinoTBD
MichiganTBDNorther Waters Casino2021 (estimate)

When evaluating the state-specific sports betting scenes across the U.S. you’ll find plenty of similarities. However, since each market is regulated separately, it’s the niche differences that stand out. Let’s take a look at some of the highlights from the areas where PointsBet operates:

New Jersey

  • Casino Partner: Meadowlands Racetrack
  • PointsBet operates as a skin on the Meadowlands’ sports betting license in New Jersey. FanDuel is the official sportsbook sponsor on-premise at the Meadowlands, thus in-person deposits aren’t permitted.
    • In-Person withdrawals are permitted, however.
  • In New Jersey, you can’t bet on any in-state college teams – period.
  • Along the same lines, sportsbooks are prohibited from accepting action on any in-state college competitions. If the host site for a college sports event is in New Jersey, you can’t bet on it.

Iowa

  • Casino Partner: Catfish Bend Casino
  • Prop bets on college sports are off the table in Iowa.
    • This expands to include any individual sport with persons under the age of 18.
  • The current Iowa sports betting market is defined by in-person registration. Until January 1, 2021, in order to create a PointsBet account, you must head to the Catfish Bend Casino first and complete the sign-up process there. Unless you visit the casino, you can’t bet online.
    • In-person registration applies for all online sportsbooks in the state of Iowa, not just PointsBet.

Indiana

  • Casino Partner: Hollywood Casino Lawrenceburg
  • Indiana has no major betting restrictions to write home about.
  • Generally, low taxes and fees, plus the ability for each casino to host numerous skins has created a crowded, competitive market.

Illinois (coming soon)

  • Casino Partner: Hawthorne Race Course
  • PointsBet operates a retail experience on-premise at the racecourse.
  • Illinois legalized sports betting with a built-in 18-month in-person registration requirement – like Iowa. However, due to unforeseen global circumstances, Governor Pritzker temporarily voided the stipulation in June 2020.
    • PointsBet has yet to launch in the state but is expected to at any time.
  • Similar to New Jersey, Illinois also restricts betting on in-state college teams.

Colorado (coming soon)

  • Casino Partner: Double Eagle Hotel & Casino
  • Colorado‘s legislators have paved the way for a virtual cornucopia of markets and bet types. The state’s laws are amongst the most favorable we’ve seen and will make for some interesting wagers.
  • The first Colorado online sportsbooks launched in May 2020, and PointsBet isn’t expected to be far behind.

Michigan (coming soon)

  • Casino Partner: Northern Waters Casino
  • A PointsBet retail sportsbook is expected on-site at Northern Waters.
  • Smaller tax rates, low operator fees, and room for plenty of licenses should create a healthy, competitive market in Michigan.
  • The first MI online sportsbooks are expected to launch in early 2021.

PointsBet Sportsbook – Looking Ahead

PointsBet online sportsbook has been one of the more active sportsbook operators in the United States, so it’s a safe bet to assume that where legislation goes – PointsBet will follow. Here’s a list of states that have either legalized or are moving in the direction of regulated online sports betting:

  • Tennessee – The Volunteer State has legalized online-only sports betting. It would be a surprise if PointsBet didn’t have plans for Tennessee, which could house online sportsbooks as early as Q4 2020.
  • Virginia – Sports betting is now legal in the state of Virginia. The state possesses no retail casinos (yet), thus online operations like PointsBet will have a great opportunity to corner a piece of the market.
gradient
  • Use Promo Code GRINDERS
  • Name Your Own Bets
  • NJ, IN and IA

Mobile Apps vs. Web Browser

It’s possible to place a wager through PointsBet using all of the major online sports betting tech platforms.

PointsBet Mobile App

PointsBet offers an excellent mobile experience for both iOS and Android users. A search for ‘PointsBet’ within your chosen app store will provide the results you’re looking for.

Unlike many online sportsbooks that have a separate app for each state, there is only one PointsBet app. Once you’ve downloaded it, scroll to the bottom of the app’s homepage and choose your state:

PointsBet State Selection

The app itself has a clean layout, is easy to use, and allows users to take advantage of all vital account functions without ever having to visit the website. Register, deposit, place bets, cash out – you can do it all from your phone.

Browser

Betting on a computer through a web browser will offer a similar, but more spacious experience. You can visit the PointsBet website using any functional browser, log-in, and get right to it.

Featured and upcoming bets are easily accessible, but the site really revolves around the collapsable menu that you can grab in the top left corner. It lays out in-play options, promos, and also provides a list of all available sports markets from A-Z. New and experienced users alike will have no trouble navigating the PointsBet site.

Sports Offered on PointsBet Online Sportsbook

PointsBet offers all of the major sports betting markets. This includes:

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

Notably, betting options may vary based on state due to differences in legislation. Consult the “PointsBet Available States” area above for a more detailed breakdown of what may, or may not be available in your state of interest.

Potential Bets

PointsBet excels in the variety of bets that it accepts. Traditional classics include:

  • Spreads
  • Totals
  • Moneyline
  • Live (in-game) Betting
  • Parlays
  • Props

But that’s not the whole of it. PointsBet is known for their innovative PointsBetting wagers that are exclusive to its platform.

PointsBetting

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

For Example…

The Giants are a 3 point favorite over the Eagles. You decide to place a $10 PointsBetting wager on them to cover. The game plays out and the Giants win by a 10 point margin, 7 more than the spread. With PointsBetting your wager is multiplied by every point greater than, or less than the agreed spread. Thus, $10 x 7 points = a $70 win.

It can go the other way, though. Using the same example, if the Giants lost the game (as a 3 point favorite) by 10 points, you’d be on the hook for the 3 points they were favored by, plus the 10 they lost by for a total of 13 units. $10 x 13 = -$130 loss. High risk, high reward.

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.

PointsBet Promotions

When it comes to promotions, PointsBet is widely considered a market leader. Be sure to regularly check the ‘Promos’ section of the sportsbook to see what’s currently available. Frequent choices include:

  • Make it Rain: For every TD scored on select NFL spread bets of $50+, you get $6 in bonus bets.
  • Let it Fly: Place a moneyline bet of $50 or more on any MLB playoff game and get a $10 bonus for every home run that your team hits.
  • First TD Early Payout: If your moneyline bet scores the first touchdown in any Monday night or Thursday night NFL game, get paid instantly on your first $100 bet.
  • -105 Spreads on all NFL games: All NFL spread bets are -105, the best you will see anywhere.
  • NHL/EPL Early Payout: If your moneyline bet for any NHL or EPL team leads by 2 goals at any point in the game, get instantly paid out on your first $100 staked.
  • Booster Odds: Daily boosted odds on select games.
  • Name a Bet: If there is a betting market that you don’t see on PointsBet, tweet @PointsBetUSA and they will price it for you!

…and that’s just the tip of the iceberg. PointsBet is always coming up with new ways to keep things interesting.

PointsBet Banking Methods

Deposit and withdrawal options will differ based on the state that you’re banking in. While having a unique overall cashier, each state will rely on similar methods. Generally speaking you can expect older markets, like New Jersey for example, to have a rather robust lineup of choices. PointsBet’s offerings in newer states are more likely to start small and build up over time.

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 the online bill pay feature.
  • PayPal: Everyone’s favorite eWallet can be used for easy transactions.
  • PointsBet Play+ 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 by 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.
  • PayNearMe: Choose PayNearMe and the site will generate a barcode for you. Bring the barcode to participating 7-11, hand over the cash at the register, and your account will be instantly funded!

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 Play+ Card: Easily and instantly withdraw funds to your card. Access your winnings at any ATM or use the card anywhere that Discover is accepted.
  • Online Banking: Simple and safe withdrawal method that doesn’t require credit card or ACH details.

PointsBet Loyalty Rewards

PointsBet offers a relatively simple rewards program. Every $5 wagered on fixed odds bets will receive 1 Reward Point. Thus, a $50 wager would earn the bettor 10 RP.

When wagering on parlays, since the odds of success are longer, bettors receive more compensation. $1 in parlays = 1 RP. A $50 parlay would yield 50 RP.

There’s a pretty simple 100-1 conversion of Rewards Points to Bonus Bets. The smallest amount that you can redeem is 250 points for $2.50 in Bonus Bets. If you extrapolate that out, if you were to wager $1,000 in the sportsbook (fixed odds) you would earn 200 Rewards Points, which has about $2 in value. By contrast, if you wagered $1,000 on parlay bets you would receive 1,000 RP, which holds about $10 in value.

It’s not much, but there are fine margins between success and failure in the world of sports betting and everything makes a difference.

PointsBet Rewards Redemption

Support

Pretty standard fare with regard to customer support. PointsBet relies on email and live chat to answer questions. You can find links to both methods at the bottom of the sportsbook homepage, in the footer.

You can email service@pointsbet.com directly with any questions and they’ll get back to you in a timely fashion. Similarly, clicking the ‘Live Chat’ button will automatically launch a chat window that allows you to interact directly with a support representative.

Generally speaking, we’d categorize PointsBet Support as being both knowledgable, and fast.

gradient
  • Use Promo Code GRINDERS
  • Name Your Own Bets
  • NJ, IN and IA

PointsBet Company Information

PointsBet is an Australian based company that first launched in 2017. They became the first sports betting operation in Australia to offer spread betting. In the years since, PointsBet has expanded throughout the world and most recently brought their exciting, cutting edge sportsbook to the United States. They pride themselves on being an industry innovator and promise an “edge of your seat” experience. By our evaluation, they have delivered.

PointsBet FAQ

Where can I wager with PointsBet?
PointsBet is currently active and operating in New Jersey, Iowa, and Indiana. The company has already struck deals to operate in Illinois, Colorado, and Michigan as well, and will be launching soon in these new markets.

What welcome bonus does PointsBet offer?
PointsBet currently offers new bettors $200 in risk-free bets. It’s split into four separate parts, two $250 for fixed-odds betting, and the two $250 for PointsBetting.

What is the best PointsBet promo code?
Use promo code: GRINDERS to lock in your $1000 in risk-free bets. You will need to input the code during the account registration process, as seen in the screenshot above.

Is PointsBet legal?
PointsBet is 100% legal. In all of the aforementioned states, it has attained the proper licenses and permits to offer online sports betting.

Is there a PointsBet mobile app?
Of course – and it’s a joy to use. Search for ‘PointsBet’ in the Android or Apple app store of your choosing and download it with just a few taps of your fingers. What’s more, you just need one app for every state that you want to bet in with PointsBet.

RotoGrinders.com is the home of the daily fantasy sports community. Our content, rankings, member blogs, promotions and forum discussion all cater to the players that like to create a new fantasy team every day of the week.

Bet with your head, not over it!
Gambling Problem? Call 1-800-Gambler