What is Points Betting? And how can you give it a try today? We’re here to explain PointsBet’s unique betting market and how to get started.
PointsBet Sportsbook SECOND CHANCE
With more than 20 states having some form of legal sports betting, it’s becoming harder and harder for these platforms—specifically online—to differentiate themselves from one another.
However, PointsBet Sportsbook has a feature that cannot be found anywhere else and is an easy unique selling point when trying to attract new players.
That feature is known as PointsBetting.
Here, we will go over what is Points Betting, how to use it, and even cover a PointsBetting-specific welcome bonus that you can take advantage of right now at PointsBet Sportsbook.
PointsBetting New Player Welcome Bonus
Before we go into what is Points Betting, it’s worth noting that you will receive a welcome bonus from PointsBet as a new sports bettor there.
Specifically, new players at PointsBet Sportsbook will receive a risk-free bet of up to $1,500 for PointsBetting bets only. To redeem this offer, you must use the promo code “WEDGET2”. You will also receive a $500 standard risk-free sports bet.
If the wager you make wins, you will simply keep your winnings. However, you will receive the wager back in free bet credits if you lose.
So, if you want to read more about this crazy PointsBet new customer offer, just click here!
What is Points Betting?
PointsBetting is a bet type at PointsBet Sportsbook that can be primarily associated with over/under bets.
With this betting style, you will receive additional winnings for successful bets, which are multiplied based on how many points go over or under.
Here’s an Example:
You bet the $20 on the over for Tom Brady passing yards which is set at 275. At the end of the game, he has 280 yards. Not only did you win the wager, but it went over by five “points”.
When this happens, you not only win the $20, but you win $20 multiplied by five. Thus, receiving $100.
However, this can work the other way, too.
If you bet the over 275 and he finishes with 270, you would need to pay $100.
This type of bet comes with many upsides, but there is the potential to suffer brutal losses, too. especially if a player were to get injured.
PointsBet Sportsbook also has a “Stop Loss Slider” with this bet type. The PointsBet Stop Loss Slider tool will allow you, in certain markets, to limit potential losses. The betslip will also always show the possible winnings and potential losses.
When participating in PointsBetting, you will have your balance withheld. This means that a certain amount in your account will be held back to cover “a percentage of your max loss should you bet lose,” per PointsBet Sportsbook.
Where is PointsBet Sportsbook Available?
Ok, so you know what PointsBetting is. Now, it’s time to give it a try!
PointsBet Sportsbook is currently available in 10 US states. And you can give PointsBetting a shot in all 10 states. Here’s where PointsBet currently operates:
|Where Does PointsBet Operate?||When Did PointsBet Launch Here?||Can I Play Online Now?|
|Colorado||November 2020||Yes – CLICK HERE TO PLAY|
|Illinois||September 2020||Yes – CLICK HERE TO PLAY|
|Indiana||March 2020||Yes – CLICK HERE TO PLAY|
|Iowa||October 2019||Yes – CLICK HERE TO PLAY|
|Michigan||January 2021||Yes – CLICK HERE TO PLAY|
|New Jersey||January 2019||Yes – CLICK HERE TO PLAY|
|New York||January 2022||Yes – CLICK HERE TO PLAY|
|Pennsylvania||February 2022||Yes – CLICK HERE TO PLAY|
|Virginia||August 2021||Yes – CLICK HERE TO PLAY|
|West Virginia||December 2021||Yes – CLICK HERE TO PLAY|