PointsBet is a unique online sportsbook that has partnered with Meadowlands Racetrack to offer sports betting in New Jersey. Like other NJ Sportsbooks, PointsBet offers fixed odds betting. However, unlike other NJ sportsbooks, PointsBet offers a new and innovative online sports betting product they call ‘Points Betting’. In fact, to incentivize bettors to try their unique points betting, new customers can claim their incredible sign-up offer of four risk-free bets up to $1000 when they use our exclusive PointsBet promo code USODDS.
The sign-up process is quick and easy to have you wagering on the wide range of sports betting markets for you to choose from. As well as a great welcome offer, PointsBet runs weekly NJ promos across the NFL, NCAAF, MLB, NHL, and NBA to maximize its customer’s best betting experience. In this article, we provide a full and comprehensive PointsBet review.
- PointsBet Promo Code
- What Is Points Betting and How Does It Work?
- How To Create an Account With PointsBet
- PointsBet Deposit and Withdrawal Options
- PointsBet Website
- Sports Betting Features
- PointsBet Loyalty Program
PointsBet Promo Code
For New Jersey bettors, PointsBet is offering new customers four risk-free bets up to $1,000 – one for fixed-odds betting and one for points betting when they use our exclusive PointsBet promo code USODDS. In other words, new customers get two risk-free bets up to $250 each on PointsBet’s traditional sports betting service i.e. fixed odds betting. In addition, they will also get two risk-free bets up to $250 each to try out their exciting new points betting product.
Also, there is a deal for referring a friend to get a PointsBet account of their own, in which you’ll receive $50.
What Is Points Betting and How Does It Work?
In a highly competitive market, their points betting feature is what separates PointsBet from any other sportsbook in New Jersey. As their CEO Johnny Aitken has said, “It is betting on steroids”. In other words, the more you’re right, the more you win.
However, the more you’re wrong, the more you lose. Although, it is worth noting though that bettors can set a stop loss to limit your losses. Therefore, you’re not risking more than you’re comfortable with.
For example, let’s say you’re betting $10 on a team that is favored to win by five points (i.e. -5 on the spread) and that team wins 30-20. Because you bet $10 on the team to cover the spread you’ll win $10 for every point that team exceeds the spread. In this case, you would win $50 because the team you bet on won by 10 points, but the spread was -5. Therefore, the team won by five points more than the spread meaning you would win $50.
However, if the team you bet on lost 30-20 you would lose a total of $100 for the 10 points the team failed to cover the spread by.
What’s great about PointsBet is that they are not money-greedy hounds and help bettors manage their risk with the stop-loss tool – just in case Dallas ends up losing that game by 50 points somehow.
How to bet with PointsBet NJ
How to create an account
If you want to create a PointsBet account in New Jersey, the sign-up process is really simple. To create an account, click on the offer above and enter our exclusive PointsBet promo code USODDS. Then enter the following information:
- First/Last Name
- Email Address
- Salutation (Mr, Mrs etc.)
- Date of Birth
- Mobile Number
- Last Four Digits of Social Security Number
- Home Address
- Create Password
- Accept Terms & Conditions
- Acknowledge You Are At Least 21 Years Old
- Confirm You Are Not Employed By A Casino or Sports Governing Body
- Declare All Information Provided Is True and Correct
- Download Player Location Software
- Join And Start Betting!
PointsBet Deposits and Withdrawals Options
Unfortunately, PayPal is not available as a deposit or withdrawal option, but they do offer the following deposit options:
- Credit/Debit Card (VISA and Mastercard)
- Bank Transfer
- Instant PointsBet Card
- ACH eCheck
PointsBet NJ Withdrawal Methods
Also, there are deposits and withdrawals available through an instant PointsBet card and ACH eCheck deposits.
As you can see, the PointsBet website very pretty simplistic in its layout. Bettors can easily navigate to the sport they wish to bet using the side menu, which can be opened when clicking on the menu button in the top left-hand side of the screen. Once you’ve found the matchup you want to bet on, you can simply click on the matchup and view more betting markets.
PointsBet Mobile App
The mobile app is available for both Android and Apple devices for those based in New Jersey.
As for the functionality of the sports betting app, it appears like they did its due diligence before unveiling it to the United States market. It’s really no different than the website at all, and the color scheme and compact presentation possibly play much better on the cell phone, as opposed to the computer.
With that compact presentation, though, you might miss out on a good portion of betting opportunities. On the other hand, if you already know what you want to bet on, without having to explore the app, you’ll be just fine.
However, if you’re searching around for a good time, we’d recommend using the website on your computer.
Sports Betting with PointsBet NJ
Good Karma Payouts
One of the best things about betting with PointsBet is their Good Karma Payouts feature. We all know how frustrating it is when you experience a bad beat or referee injustice when you bet against the Patriots, and it’s great to see a sportsbook that recognizes this.
As a result, PointsBet has established its Good Karma Payouts feature which reviews the last 24 hours of betting action. If they deem a bet worthy of a bad beat or injustice then they will refund that bet. For example, after the Houston Astros scandal, they refunded all New York Yankees 2019 AL Pennant & World Series futures bets.
Sports Wagers Accepted
In addition to their points betting feature, PointsBet offers the traditional bet types, including:
- Points spread bets
- Moneyline bet
- Totals bets
- Prop bets
- Parlays bets
When PointsBet first came on to the scene, they vowed to have more betting markets than any of their competitors – that has certainly held true.
In fact, people coming in from the daily fantasy sports field are really going to dig this website, with all of the individual prop betting opportunities there are.
Sports You Can Bet On
As well as tons of betting options available, there is a wide variety that most online sportsbooks offer.
- Ice Hockey
- Aussie Rules Football
PointsBet Loyalty Program
If you’re looking for a sportsbook that rewards it’s customers for their being a loyal customer, then PointsBet could be the right one for you. In fact, the more you bet with PointsBet, the better bonuses you’ll receive through their loyalty program.
NFL/College Football Loyalty Program
PointsBet customers can receive bonus bets through their NFL/College Football loyalty program. For example, customers can receive the following bonus bets through the loyalty program:
|1) Place 50 Bets – Get $150 Bonus Bet|
|2) Place 100 Bets – Get $300 Bonus Bet|
|3) Place 250 Bets – Get $800 Bonus Bet|
NBA Loyalty Program
Alternatively, if you prefer betting on the NBA then customers can claim PointsBet bonus bets through their NBA loyalty program too:
|1) Place 50 Bets – Get $200 Bonus Bet|
|2) Place 75 Bets – Get $300 Bonus Bet|
|3) Place 100 Bets – Get $500 Bonus Bet|
PointsBet NJ Promo Code Review
Once you’re up to speed on the ins and outs, you’ll never look at sports betting the same with this Sportsbook. Points betting has a “daily fantasy” feel to it, in that you can win a lot of money based on a small investment. The one differentiating factor from DFS, though, is that you could lose more than you wagered if a team suffers a large loss or, in player prop bets, a player leaves the game early on.
Furthermore, New Jersey bettors will love the weekly promos PointsBet runs to maximize their customer’s best betting experience. Since its inception, they’ve had some awesome add-ons like no-juice NFL lines, random booster odds, early payouts (teams winnings after three quarters in NBA and two periods in NHL games). Plus, naming your own bet, where you can tweet PointsBet and they’ll give it odds (if they accept) and take actual wagers on it.
All in all, points betting can be an exciting and rewarding form of gambling, but it isn’t without its pitfalls. As a result, an offer of $1000 in risk-free bets gives you a chance to try it out with PointsBet promo code USODDS.
PointsBet Frequently Asked Questions
What is PointsBet?
PointsBet is an online sportsbook, which is based in Australia. In 2018, they obtained a betting license from the New Jersey Division of Gaming Enforcement and subsequently obtained licenses in Colorado, Iowa, Indiana, Illinois, and New Jersey to offer legal online sports betting to those states.
Is PointsBet safe?
PointsBet is a safe website for online sports betting. Their website has an SSL certificate as shown by the HTTPS protocol, which means that credit card transactions, login information, and any other data information are completely encrypted and secure.
What is the PointsBet Promo Code?
New customers can claim $1000 in risk-free bets using PointsBet promo code USODDS upon registration.
Is PointsBet Legal in my state?
PointsBet has obtained state licenses from Colorado, Iowa, Indiana, Illinois, and New Jersey to offer legal online sports betting in those states. In order to place a wager with PointsBet, players must use geo-location software to verify they are situated in a legal state. Otherwise, PointsBet will not accept the wager.
How Can I Download The PointsBet Sportsbook App?
The PointsBet app is available on iOS and Android. For those with an iOS device, the PointsBet app can be download from the Apple Store. Whereas bettors with an Android device must visit https://nj.pointsbet.com/android and follow the installation instruction.
What is Points Betting?
Points betting is an alternative form of spread betting where the payout or loss of the wager depends on the result. In other words, the more you are right, the higher the payout of your wager. Conversely though, the more you are wrong, the larger the financial loss.
For example, let’s say the Kansas City Chiefs are -10 on the spread against the Houston Texans and win by 15 points. As a result, the payout would be $50, because you win an extra $10 for every point they win over 10.
However, if the Chiefs won by 5 points the loss would be $50 because you lose $10 per point under the spread.
This means that bettors can lose more than their initial wager when points betting.
Can you lose more than your initial wager through points betting?
Yes bettors can lose more than their initial wager when through points betting. However, PointsBet offers a “loss limit” function whereby bettors can choose a multiplier of their stake wager that represents the maximum they are willing to lose.
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