For those looking for a detailed PointsBet review, this guide covers everything you need to know about this Australian-owned platform. PointsBet stands out for its unique spread betting option, offering potential for higher payouts based on accuracy—a draw for confident punters.
In this Pointsbet review we will be looking at all facets of the app and desktop versions including unique features, promotions, spread betting, banking, singing up, plus loads more.
PointsBet is licensed in the Northern Territory by the Racing Commission and has operations in Australia, plus New Jersey, USA. The Australian business runs out of offices based in Melbourne.
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TLDR Verdict: PointsBet is an Aussie-owned betting platform known for its spread betting. The app’s intuitive, offers solid promotions, and has competitive odds across AFL, NRL, and racing. Downsides? No live streaming or live betting, which can be a letdown. Ideal if you love spread betting, but maybe not your main bookie.
PointsBet Review and Rating
Pros | Cons |
---|---|
100% Australian owned. | No live streaming, a major drawback for live sports fans |
Spread betting allows for higher payouts based on accuracy. | Spread betting can lead to large profit or loss variance. |
Excellent range of promotions | Max bet on promotions can be small. |
Quick and easy to navigate app |
First Impressions: Clean, straightforward, and designed with the average Aussie in mind. You’ll spot the usual black and grey design with white text, making it easy to focus on the content instead of the colour scheme. Even if you’re new to betting, the interface is straightforward enough that you’ll be betting like a pro in no time.
What Stands Out? Unique Features of PointsBet
- Spread Betting: PointsBet’s crown jewel. Unlike traditional betting, your payout in spread betting hinges on your accuracy. Risky? Yep. But the excitement of higher payouts for precision makes it hard to ignore.
- In-Play Betting: PointsBet does allow some in-play bets, but without live streaming, the excitement isn’t quite the same. It’s a “watch somewhere else, bet here” situation.
- Protest Payouts: Horse racing fans, rejoice. If your horse wins but gets bumped down after a protest, PointsBet will still pay you as a winner. A nifty feature, especially if you’re one for the races.
- Best Tote Exotics on Saturdays: A sweet spot for racing punters who want a bit more than the usual win/place options.
- FLUCS and Speed Map: You can keep an eye on price fluctuations and get a glimpse at horses’ projected speeds out of the gates. Speed Map is a bit pared down here, but it’s there if you need it.
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Pointsbet Promotions
Here’s the thing: PointsBet isn’t allowed to splash bonus codes on every billboard. But once you’re in, the promo menu lights up. Sign up, and you’ll spot a rotation of bonus bets, cashback offers, and more. Just a heads-up—there’s usually a cap on max bets for these promos, so read the fine print. Check back often, as they like to mix things up!
PointsBet App and Desktop Experience
Both app and desktop versions are smooth sailing. Signing up? Easy as. Once you’re verified (via GreenID), you’re free to play. I found bet placement super quick, even with more complex bets. Colour scheme aside, it’s simple to navigate, meaning you won’t waste time hunting for buttons when you’re itching to bet.
What we like:
- Fast bet placement: Even with complex bets, the process is smooth and quick.
- Form Guide and Speed Map: Great for serious racing punters, though the speed map is more simplified than some competitors.
- No Live Streaming: This remains a major miss. Considering PointsBet’s success in the US market, this should be high on their “to-do” list.
Pointsbet Sign Up New Account
The sign-up process is dead simple, literally takes just a few minutes. You’ve got the option to do it on either the desktop or the app, and they’ve made sure it’s streamlined for both. Once you’re in, you’ll need to verify your account, and this is where PointsBet shines.
They use GreenID, which basically cross-checks your details with government records like Medicare or your driver’s license. For me, it was sorted in a matter of seconds, no fuss, no headaches.
One little tip: You’ll want to get this verification sorted before you start placing too many bets, especially if you’re eyeing a withdrawal soon. Nothing worse than hitting a winning streak and then realising your account isn’t fully verified.
Pointsbet Verification Process
Thankfully Pointsbet has a super easy verification method using a system called GreenID; essentially, GreenID takes all your personal information and matches it up to government systems such as Medicare and driver’s license to verify that the account information is correct.
This is simply to stop money laundering by using fake accounts.
The system recognised my credentials in a matter of seconds and allowed me to log in.
Customers at Pointsbet had an average time of fewer than five minutes to complete the sign-up procedure. Assuming you’ve signed up previously on another device, your data should then check out promptly since they already saved it in their system from when you signed up there previously!
Banking with Pointsbet
You’ll find the usual suspects here: Visa, Mastercard, bank transfer, and POLi. Minimum deposit is $10, so it’s accessible even if you’re playing light. Withdrawals are straightforward too, just make sure your account is verified first. Nothing worse than a withdrawal hold-up just as you’re on a roll!
Pointsbet Deposit
Alright, let’s talk money. The good news? Depositing with PointsBet is straightforward. You’ve got your standard methods: Visa, Mastercard, Bank Transfer, and POLi. Minimum deposits start at $10, so even if you’re not looking to go big, you can still have a crack without breaking the bank. But here’s a tip, always double-check the minimum bet and withdrawal amounts. Nothing worse than trying to pull your winnings out and realising you’ve got to hit a specific number first.
- Minimum deposit $10.00
- Minimum bet $1.00
- Minimum withdrawal $10.00
- Phone Betting Minimum $20.00
Pointsbet Withdrawal
Withdrawals? Pretty smooth, but there’s a couple of catches. First, you’ve gotta be verified (which we’ll get into in a sec), and second, you’ve gotta meet their turnover requirements, basically, wager 1x your deposit bonus before you can pull out the cash. Sounds fair, but for new punters, this might throw you off if you’re not prepared.
Betting Markets and Odds
Sports Markets: PointsBet offers a broad range of sports, from AFL and NRL to NBA and NFL. They also cover niche sports such as table tennis and darts. Their odds are competitive, and promotions such as odds boosts make them attractive.
Racing Markets: PointsBet offers all the traditional horse racing markets, including win/place, trifecta, exacta, and quaddie. Their Best Tote Exotics on Saturdays is another standout feature for racing punters.
Spread Betting: If you’re a confident bettor, PointsBet’s spread betting can lead to massive payouts. However, keep in mind that it can also lead to bigger losses.
Pointsbet Promo Code
The greatest Pointsbet promo code is KRUZEY.
With the KRUZEY promo code, you were able to receive up to $200 in racing bonus bets when making your first deposit at Pointsbet. Not so sure now; you will need to check if this is still applicable once you have signed up or added the bonus code.
The Pointsbet bonus code was accessible to all new players and existing Pointsbet customers.
Pointsbet Racing Bonus Bets
Pointsbet bonus bets are available to all customers once they have signed up; at the time of writing, I found five different bonus bets on offer across multiple race events, customers can receive bonus bets from Pointsbet if they bet on a promoted sporting event or racing event that is giving bonus cash backs to customers if one leg fails, etc.
Offerings for existing clients can be claimed using the Pointsbet promo code KRUZEY.
All Pointsbet Bonus Bets can be found within the promotions menu of the Pointsbet sportsbook; typically, they have a range of racing bonus bets available for both horse racing and greyhound racing as well as bonus bets for sports if one leg fails in a multi-bet for example.
Horse Racing Markets
When you make a wager, you want to maximise your chances of winning and earning the greatest possible reward.
Pointsbet has several horse racing markets that you can take advantage of. So whether you want to wager on a multi-horse accumulator or a single-horse, you’ll find the most outstanding Australian horse racing options at Pointsbet. Along with other top selections such as Top Fluc, Pointsbet always offers excellent Tote or SP odds.
Consistency is crucial, as is access to the best Tote or SP odds to help you win big. Top Fluc is always a hot favourite, such as 2nd horse – Place from 3rd Horse – Place (in that order). An excellent illustration of how you don’t have to choose a specific best Tote pick – be more adaptable and try some multi-horse wagers!
Pointsbet Contact & Customer Service
Need help? PointsBet has a solid setup when it comes to customer service. They offer multiple contact methods: live chat, email, and phone. I’ve used the live chat a couple of times, and honestly, they’re quick. If you don’t get a response right away, just give it a minute or two, and they’ll sort you out.
For those who prefer email, they’re pretty responsive there too. I haven’t had to use their phone line, but it’s available for those who like the more traditional approach. Plus, for all my fellow Aussies who like snail mail (does anyone still use it?), they’ve even got a postal address. I can’t say I’ve ever mailed a bookmaker, but hey, the option’s there!
- ADDRESS: PO BOX 4191, 535 Church Street, Richmond East, 3121
- Need Help?: 13 72 38
- EMAIL: support@pointsbet.com
- Live Chat: Function is available at the bottom of their page.
- Postal Address: PO BOX 4191, 535 Church Street, Richmond East, 3121
Rules
As with any Bookmaker, Pointsbet has legal standards to fulfil to keep its license. However, as a customer, you are expected to adhere to your own terms and conditions as a punter.
The link to the terms and conditions page may be found at the bottom of the Pointsbet homepage.
Gamble Responsibly
Stay in command of the situation, gamble carefully, and weigh your options.
Consider your options. If you believe you have a gambling problem or are beginning to make poor decisions, call gambling help at 1800 858 858 24/7 or go to their website gamblinghelponline.org.au.
Final Verdict
So, where does PointsBet land overall? It’s definitely one of the better betting platforms out there, especially if you’re an Aussie punter. The app is pretty good, the features are up there with the best, and if spread betting’s your thing, you’ll have a blast. But I can’t ignore the glaring omission of live streaming. That’s a big one in my book.
In short, PointsBet is worth checking out. You’ll have a good time with it, and who knows, you might even land some solid wins. But if live betting is a non-negotiable for you, maybe look elsewhere, at least for now.
Let’s hope they catch up soon because they’re still a few steps away from being a top-tier betting site.
POINTSBET FAQs
What is PointsBet?
PointsBet is an Australian-owned online bookmaker that brings a unique spin to the betting world with options like spread betting. Offering markets across all major Australian sports and global favourites, PointsBet makes it easy for users to bet in-play and enjoy the full experience of sports betting, minus a few features like live streaming (for now).
Who owns PointsBet?
PointsBet Holdings Limited, an Australia-based company, owns and operates PointsBet. With its headquarters in Richmond, Victoria, this company has quickly established itself as a go-to for Aussie punters. And they’re expanding, too, with operations now in the U.S.—including New Jersey.
Does PointsBet offer live streaming?
Not yet, which is surprising given their reach and recent moves into the American market. It’s a feature many punters want and, given how PointsBet keeps evolving, it might be on their radar. For now, though, you’ll need another source if you’re looking to watch while you wager.
Is PointsBet legal in Australia?
Absolutely. PointsBet is licensed by the Northern Territory Racing Commission, which means they operate under strict Australian financial and gambling regulations. Their license guarantees that they’re a legitimate operator with safe, transparent practices.
Are there any downsides to PointsBet?
While PointsBet has many strengths—like their competitive odds and spread betting options—the lack of live streaming is a notable gap. Spread betting can also be a bit high-risk if you’re not familiar with it. So if you’re looking for lower-risk betting or the full in-play experience, you might want to check other options as well.
What’s spread betting?
Spread betting is where PointsBet really stands out. Instead of traditional fixed-odds betting, the payout (or loss) here depends on how accurate your prediction is. The closer you are, the more you win. But remember, it’s a double-edged sword—if you’re way off, your losses could be more than your initial stake.
How do I sign up for PointsBet?
Simple. You can sign up via the PointsBet app or website. The process takes a few minutes, and once you’re in, you’ll need to verify your account through GreenID. It’s quick and ensures your account is legit before you start betting. Tip: Do this before any big deposits or withdrawals to avoid delays.
Does PointsBet offer Same Game Multis?
Yes! PointsBet allows same-game multi bets. They also have quick multis, which let you combine multiple sports events on one bet slip. It’s a great option for those who enjoy spreading their bets across different games.
What’s the PointsBet promo code?
Previously, the promo code “KRUZEY” unlocked bonus bets when signing up. Since PointsBet can’t advertise this upfront, you’ll want to verify any available promotions or bonus codes directly on the site after you sign up. They regularly update these offers, so you won’t miss out!
How can I contact PointsBet?
PointsBet provides multiple contact options, including live chat, email, and phone support. Their live chat is responsive, and emails typically get a quick reply too. For more urgent issues, they’ve got a phone line ready.
- Live Chat: Available on their website
- Phone: 13 72 38
- Email: support@pointsbet.com
- Postal Address: PO Box 4191, 535 Church Street, Richmond East, 3121
Does PointsBet offer bonuses for existing customers?
Yes, PointsBet frequently provides promos for current users, particularly on racing events. You’ll often see bonus bets or cashback options on selected events. Just keep an eye on the promotions section after you’ve signed up, as they’re always introducing new perks.
What deposit methods does PointsBet accept?
PointsBet accepts several deposit methods, including Visa, Mastercard, Bank Transfer, and POLi. The minimum deposit is $10, which makes it accessible even if you’re betting casually.
What’s the minimum withdrawal amount on PointsBet?
Withdrawals are straightforward, and the minimum amount is $10. Just make sure you’re verified to avoid any hold-ups when you’re ready to cash out.
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