Promo Code
Two Risk-Free Bets Up To $2000
PointsBet is available in NJ, MI, CO, IL, IN, WV, IA, VA, NY, & PA! T&Cs Apply, 21+.
Verified 05/17/2022
RG Rating: 4.5
Expires: 05/31/2022

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 recently made the jump to the United States. Starting first in New Jersey in 2019, PointsBet has since enjoyed successful expansion to several states with regulated sports betting.

PointsBet is known for offering an elite mobile sports betting experience that includes one of the best mobile sportsbook apps, 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 Promo Code


Deposit BonusTwo Risk-Free Bets Up To $2000
Wagering RequirementsN/A

PointsBet $2000 Risk-Free Bets

To claim the PointsBet offer be sure to enter code RG2K during registration.

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

$500 Risk-Free Fixed-Odds Bet

The first portion of the bonus comes in the form of a $500 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 equal to the bet amount in the form of bonus bets worth up to the maximum of $500. All bonus bets will be credited within 24 hours of the wager settling.

$1500 Risk-Free PointsBetting Wager

The second half of the bonus arrives in the form of a hefty $1500 risk-free wager, although it has 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 the $1500 safety net coming back as bonus bets.

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 smaller bets. For instance, if you wager $100 on your first bet and lose, you can choose to break the second chance bets up until smaller wagers.

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: RG2K 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.

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 where PointsBet is licensed to offer online sports betting.

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 even more 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 JerseyRG2KMeadowlands RacetrackJanuary 17, 2019
IowaRG2KCatfish Bend CasinoNovember 26, 2019
IndianaRG2KHollywood Casino LawrenceburgMarch 4, 2020
IllinoisRG2KHawthorne Race CourseSeptember 12, 2020
ColoradoRG2KDouble Eagle Hotel CasinoNovember 19, 2020
MichiganRG2KNorther Waters CasinoJanuary 22, 2021
West VirginiaRG2KHollywood Casino at Charles Town RacesAugust 12, 2021
VirginiaRG2KColonial DownsDecember 15, 2021
New YorkRG2KN/AJanuary 24, 2022
PennsylvaniaRG2KHollywood Casino YorkFebruary 7, 2022

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.


  • 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.
  • Iowa first launched with in-person registration only, but have since lifted that restriction as of January 1, 2021.
  • Registration is now available via your computer or mobile device.


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


  • Casino Partner: Hawthorne Race Course
  • To bet in Illinois, on premises, in-person registration is required at Hawthorne Race Course.
  • PointsBet operates a retail experience on-premise at the race course.
  • Similar to New Jersey, Illinois also restricts betting on in-state college teams.


  • 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 have made for some interesting wagers.
  • PointsBet launched in Colorado in November 2020.


  • Casino Partner: Riverboat-on-the-Potomac
  • PointsBet will be live online in Maryland when the state authorizes mobile betting sometime in 2022. The operator will also have a retail sportsbook at the Casino
  • Riverboat-on-the-Potomac is located on the Potomac river, but its physical address is in Colonial Beach, Virginia. In an unusual quirk, the entire Potomac River, up to the Virginia shore, is actually in Maryland. Therefore, the Riverboat is technically in Maryland because it is in the water of the Potomac River and not on land.


  • 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 have created a healthy, competitive market in Michigan.
  • PB launched alongside the state’s first legal online sportsbooks in January 2021.

West Virginia

  • Casino Partner: Hollywood Casino at Charles Town Races
  • PointsBet partnered with Penn National as its online skin. Penn National owns Hollywood Casino and is a majority owner of Barstool Sportsbook.
  • There are no restrictions on sports wagering in West Virginia.
  • PointsBet does not have a branded retail casino yet. They are online-only in West Virginia for now.


  • License Partner: Colonial Downs
  • PointsBet arrived in the Old Dominion on December 15, 2021, through a deal with Colonial Downs. A nice, smaller race track right off I-64 between Richmond and Virginia Beach, Colonial Downs will serve as the brands VA hub, though retail betting is not yet available.
  • Virginia is relatively restriction free – most markets and bet types are on the table… including college sports.

New York

  • License Partner: N/A
  • PointsBet is one of the nine sportsbooks licensed to operate in New York, the largest mobile sports betting market to date.
  • PointsBet went live in NY on January 24, 2022, just a few days after mobile betting opened in the state.
  • The only major wagering restriction in NY is a prohibition on wagering on NY-based college teams or college games taking place in the state, with the exception of “tournament” games

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 are a few states that we expect PointsBet to come to within the next year or two

  • Louisiana – PointsBet recently signed beloved ex-New Orleans Saints QB Drew Brees as a brand ambassador, potentially signaling its intention to enter the Louisiana market when sports betting goes live there in early 2022.
  • Tennessee – The Volunteer State has legalized online-only sports betting. It would be a surprise if PointsBet didn’t have plans for Tennessee, which began launching sportsbooks in November 2020.

PointsBet Sportsbook in Ontario Canada

Single-game wagering is already legal in Ontario, and the marketplace will open to licensed sportsbooks on April 7, 2022. PointsBet is ready to go, having already secured its license from provincial regulators. PointsBet will be live in Ontario on April 7 and is expected to operate in other provinces across Canada as soon as they finalize their own particular sports betting rules. Under federal legislation passed in Summer 2021, each province is free to legalize and regulate sports betting as they see fit. Ontario took the lead and already has added single-game wagering to its government-run Proline+ sports betting app.

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 – all from your phone.


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:

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.


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 in their upcoming NFL game. You decide to place a $10 PointsBetting wager on them to cover. The game plays out and the Giants win by 10 points, which is 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. Recent promos have included:

  • Brady Booster: If Tom Brady throws for one (1) or more yards in Week 1 against the Cowboys, bettors will double their money, up to $10.
  • 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 $50 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. Each rewards point is worth one cent. 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


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 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.

  • Use Promo Code RG2K
  • Name Your Own Bets

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, Indiana, Colorado, Illinois, Michigan, West Virginia, and Virginia.

What welcome bonus does PointsBet offer?
PointsBet currently offers new bettors $2000 in risk-free bets. It’s split into two separate parts. There is a $500 risk-free wager for fixed-odds betting, and the $1500 risk-free for PointsBetting.

What is the best PointsBet promo code?
Use promo code: RG2K to lock in your $2000 in risk-free bets. You will need to input the code during the account registration process.

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. 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.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN).