PointsBet New Jersey

PointsBet New Jersey

ACCESSIBILITY
8
SIGN UP PROCESS
8
MARKETS
8
BONUSES AND PROMOTIONS
8
DESIGN AND UX
9
BANKING
7
SAFETY AND SECURITY
8
CUSTOMER SUPPORT
7
REPUTATION
8

Headquarters: Australia

Owned by: Pointsbet Australia Pty Ltd

Launched: January 2019

Introduction

Australian bookie PointsBet is one of the newest entrants to the New Jersey sports betting market and offers a truly unique sports betting product. PointsBet is truly pushing the envelope with its ‘PointsBetting’ option, a brand new spin on spread betting.  We explain exactly what this feature entails and review how PointsBet’s betting markets, bonuses and promotions stack up against its competitors in our comprehensive sportsbook review.

Pros and cons PointsBet New Jersey

PROS

  • Unique ‘PointsBetting’ market
  • Wide selection of betting markets and sports
  • Website and app are easy to navigate and use

CONS

  • Limited banking options

Sportsbook accessibility

PointsBet is currently only available to punters in the state of New Jersey. The PointsBet sports betting platform can be accessed via a mobile app or desktop, so you can bet with PointsBet from the comfort of your own home, or try your luck on the go as long as you are located within state lines. All regulated online sportsbooks in New Jersey are required to use geolocation technology to ensure bets are placed within the Garden State.

Sign up process

The sign up process for PointsBet is quite extensive when compared to other online NJ sportsbooks. Here is a step by step guide to signing up with PointsBet:

  1. Visit the PointsBet website and click on the “sign up” button.
  2. Next, you’ll be required to provide some personal information as well as some contact details. This includes your name, cell phone number, address and the last four digits of your social security number.  You’ll also be able to enter any relevant promo codes at this stage.
  3. Your account will be created once you agree to the terms and conditions. Before your first login, PointsBet will require you to verify your identity via a pin code sent to your cell phone number.
  4. Once you’ve verified your account, you’ll be able to make a deposit, claim your bonus and start betting on sports.

PointsBet New Jersey markets

PointsBet offers a “full selection of sports markets” across American and International markets. PointsBet also allows wagering on college sporting events such as NCAA basketball and football. Here is a comprehensive list of the sports you can bet on with the Australian bookie:

  • Australian Rule Football (AFL)
  • Football
  • Baseball
  • Basketball
  • Boxing/MMA
  • Cricket
  • Cycling
  • Darts
  • Golf
  • Ice Hockey
  • Motor Sports
  • Netball
  • Rugby League
  • Rugby Union
  • Soccer
  • Tennis

Betting options

Punters won’t be short of betting options here. Of course, you’ll be able to wager on the outcome of matches and various other traditional markets for each sport, but PointsBet also offers ‘PointsBetting’, a unique take on spread betting, only available at PointsBet. There are no fixed odds or fixed payout for a wager, they fluctuate until the end of a game. Let’s take a look at an example to explain exactly how PointsBetting works:

Let’s say you place $10 on the LA Lakers to beat the Houston Rockets with the line set at an even 200. If the Lakers beat the Rockets, you win the bet, but if they win by 10 points, you win 10x your initial stake of $10, giving you $100. Conversely, if the Lakers lose by 10 points, you will lose $100.

The example shows the potential to earn larger rewards for your bets, but also highlights how you could end up losing more money than you initially wagered. To avoid spending outside of your budget, you can set limits ahead of time to ensure that you don’t place any bets that could see you lose more than you can afford to.

Although PointsBetting is new and exciting, it can also be quite a confusing topic to wrap your head around if you’re an inexperienced bettor. Fortunately, PointsBet has a guide outlining what PointsBetting is along with examples and a widget that lets you see how your bets could play out.

One gripe we have with the PointsBet sportsbook, however, is that it doesn’t offer teaser bets or round robins, which hurts the overall offering when compared to other sportsbooks in New Jersey. 

Here is list of what bet types are on offer at PointsBet:

  • Singles
  • Parlays
  • Futures
  • Money line bets
  • Proposition bets
  • Spread bets
  • PointsBetting
  • In-play betting

In-play betting

The Australian bookie also offers live in-play betting on a variety of sporting events. In-play betting allows punters to wager on sports as the games are playing out in real time. The in-play page displays all the games that are currently live – you’ll be able to place a wager as you normally would.

Just like all other New Jersey sportsbooks, PointsBet offers live bets on all major league sports including NHL, NFL, NBA and MLB events. PointsBet’s live betting coverage extends to international events such as golf, tennis and soccer. So if you’re having a slow day and your favorite team isn’t playing, there’s a good chance you will find something here to keep you occupied.

Bonuses and promotions

PointsBet may have been late to the New Jersey sports betting party but that doesn’t mean there aren’t plenty of bonuses and promotions up for grabs.

Exclusive Sign-Up offer – Get a $50 Bonus Bet + 2 Risk-Free Bets Up to $1000

When signing up with PointsBet, new customers will receive a no deposit $50 bonus bet. After you make your first deposit with PointsBet, you’ll receive two ‘risk free’ bets up to $500 each allowing you claim a total of $1000 in ‘risk free’ bets. “Risk free” means that if either of your bets lose, PointsBet will credit the amount you lost back into your account. Remember to check out the terms and conditions before taking advantage of a sign-up offer.

PointsBet boasts an incredibly large selection of sports betting promotions. However some of them revolve around key events such as the NHL playoffs or the PGA Tour Masters, and therefore run through a very short time frame. We recommend checking out the promos on offer at PointsBet on a regular basis to ensure you’re not missing out on anything. With that being said, here are some of the most exciting promos on offer all year round at PointsBet:

Daily Player & Parlay Booster Odds

Punters can check back with PointsBet on a daily basis for new parlay and player booster bets. The max bet you can place on these is $100 and they can be found on PointsBet’s “Event” page.

Lunchtime Booster Odds: Weekdays, noon-3pm EST

Between noon and 3pm on Monday through Friday, punters can check back with PointsBet for booster odds on a variety of events. These lunchtime offers can be found on the “Event” page. As PointsBet has said on its site, “Everyone needs a midday boost.”

Cash Out: Pre-Match Singles Fixed Odds Bets

If you think a bet is going the wrong way and you want to cut your losses, PointsBet allows you to cash out early. However this is only available on selected markets. Once you have chosen to cash out early you cannot reverse the decision, so make sure you’re 100% sure you want to settle your bet early.

Name a Bet

If you want to bet on a market that is not available on PointsBet, you can reach out to them and ask them to price your bet. Simply tweet the bookie your suggestion @PointsBetUSA with #nameabet and they will price. If you want to request a bet it must be done at least two hours before a games scheduled start time.

Reward scheme

PointsBet is one of the few modern sportsbooks that offer a reward scheme. Just like any other scheme, PointsBet’s reward scheme allows punters to build up reward points which can be exchanged for various rewards. You will get five points for every dollar wagered on parlays, one point for each dollar wagered in a fixed odds market and one point for every dollar you win or lose when PointsBetting.

Design and UX

One area where PointsBet excels is in its design, layout and ease of use. The PointsBet website opts for a minimalistic design with a black, red and white color scheme which is easy on the eye. The home page features the most popular bets, promotions and events, so you’re never more than a click away from your next betting opportunity.

PointsBet keeps the main menu on the left side of the screen which can be opened by clicking in the top left corner of the screen. Once opened you will be able to navigate to the “Promos” page, the “Revis Betting Academy” a “Blog” or Download the app. The Revis Betting Academy is an educational guide that explains the different types of bets available, this is clearly tailored to the PointsBet’s new bettors and is a welcome addition to the PointsBet offering.

App Review

The PointsBet mobile app almost mirrors the website perfectly. The app is available on both iOS and Android devices and features the same content found on the site. In terms of style and design the app is easy on the eyes making it a joy to look at. When opening the app for the first time you will be greeted to one of three menus “in play”, “featured” and “next up.” These allow users to quickly move around the app and place a quick bet without having to navigate through tedious menus. The app retains the excellent navigation system found on the PointsBet website, everything is where you would expect to find it. Players will be able to cycle through the “Home” page, “Sports” page, “in-play” bets page, “promos” and their account with the navigation links at the bottom of the screen.

Although the app is a joy to use, one minor gripe with the app is the amount of screen space allocated to the carousel that shows the promos at the top of the screen. If the carousel was reduced in size you would be able to view more betting options at first. When looking at the entire app, this is a minor gripe that does not detract from the overall experience.  The app is easy to use and navigate making it incredibly easy and straightforward to place a bet.

Banking

One area where PointsBet could improve is in the different banking options available to customers. The sportsbook offers a very limited choice of banking options when compared to its competitors in the New Jersey space. While other bookies allow punters to deposit cash in a variety of ways such as in person or online via PayPal and Neteller, PointsBet only offers five options for despots and four for withdrawals.

Despite having few banking options, players will find the standard banking options such as Visa, Mastercard, echecks and ACH transfers. When it comes to making a deposit or withdrawal, bettors will have to go through the industry standard verification process.

At the time of writing these are the banking options accepted by PointsBet.

Banking Method Type Deposit Withdrawal
Visa Debit/Credit Card Yes Debit Card
Mastercard Credit Card Yes No
ACH Transfer Bank Transfer Yes Yes
PointsBet Card Prepaid Card Yes Yes
Online Banking Transfer Bank Transfer Yes Yes

Safety and security

PointsBet places a strong emphasis on safety and player security. The sportsbook complies with state regulations and allows users to set limits on deposits, play time and max losses, to help those who wish to gamble responsibly. PointsBet also includes a section on responsible gambling which discusses several different aspects of responsible gambling. On this page you can find a variety of topics including how to identify if you are developing a gambling problem, who you can talk to for help and what PointsBet is doing to help combat the spread of problem gambling.

The sportsbook also employs the use of several security measures to ensure player data is safe and secure. When signing up your phone number and social security numbers are used to verify your identity and ensure that you are of the legal gambling age. PointsBet has also selected several secure banking methods which incorporate strong identity verification measures. The bookie also uses geolocation technology to ensure punters are located within the state of New Jersey.

Customer support

If you wish to reach out to PointsBet for more information or assistance on an issue, you can contact the sportsbook via email or live chat which is available at the bottom of the site. You can also visit the “Help” section for a list of frequently asked questions to help advise you on a question you have.

Email: service@pointsbet.com

Reputation

PointsBet was founded in Australia, but in 2018 the sportsbook announced it had partnered with Meadowlands Racetrack in New Jersey, signalling its entry into the US market. After receiving regulatory approval from the New Jersey Division of Gaming Enforcement, PointsBet launched in New Jersey in January 2019.

In an attempt to appeal to the US audience, PointsBet enlisted the help of NFL All-pro Cornerback Darrelle Revis and NBA Hall of Famer Allen Iverson. PointsBet may be new to the market but on several occasions the bookie has paid out bets early, refunded wagers without question and even refunded punters from other sportsbooks in an attempt to expand its user base. Although PointsBet isn’t as well established a brand as the major US bookies, it is still a very strong brand that values its customers.

Our Verdict

Aside from the lack of banking options, PointsBet is a breath of fresh air in a sports betting market saturated with similar offerings. Both the app and website are easy to use and navigate. PointsBetting is a great addition to the US sports betting market, but if you haven’t managed to grasp the concept don’t rush, take time and get to grips with it first. You don’t want to lose more money than you wagered because of a simple mistake or misunderstanding. If PointsBet sounds like the bookie for you, sign up now and claim your $50 Bonus Bet and two Risk-Free Bets Up to $1000!

Headquarters: Australia

Owned by: Pointsbet Australia Pty Ltd

Launched: January 2019