PointsBet Sportsbook NJ Review
PointsBet is an Australian-based bookmaker that tries to bring something fresh to the US sports wagering scene. They try to be among the best New Jersey online sportsbooks, and I think they have succeeded in this. After reading my PointsBet sportsbook review, I think you will agree with that statement too.
PointsBet NJ was established in January 2019 under the Meadowlands sports wagering license. As such, it is licensed and regulated by the New Jersey Division of Gaming Enforcement. This means that the wagering provider is a completely legitimate business.
PointsBet and Points Betting
So what makes PointsBet different from all other bookies out there? How can the wagering provider bring a breath of fresh air to an already super-competitive industry?
Well, when the Australian bookmaker came to the US, it realized that the market was very competitive, but was missing one crucial thing. It didn’t have Points Betting.
Points betting is a high-risk and high-reward type of wagering that is currently unique to this Australian-based provider. It works by turning each point of difference from the spread you are wagering on into a multiplier of your stake.
For instance, if you stake $10 on over 200 points being scored in an NBA game, and the game ends with 205 points scored, you will win $50 (5 x $10) because your stake is multiplied by the 5-point difference.
Responsible Gambling
The fact that PointsBet offers a risky type of wagering, such as points betting means that they have to take responsible gambling even more seriously than others. Points betting can yield huge winnings but can multiply losses by quite a lot too.
That’s why it’s not surprising that on the PointsBet website, you can find all the problem gambling info that you’ll ever need. The bookmaker lists tips on how to recognize a problem gambler as well as how you can help yourself or others who might have a problem. There are also help-lines that the bookmaker provides in case a person can’t manage the problem alone and needs assistance from professionals.
PointsBet Sportsbook NJ Bonuses
The name of the PointsBet bonus game is ‘the more – the better.’ There are many enticing PointsBet sportsbook NJ bonuses that you can choose from, so let’s take a deep breath and cover as many of them as possible.
The most popular of these bonuses is the deposit match welcome promo. I will talk about that one in more detail in a minute.
Nevertheless, the most eye-catching one of the other promos is the Make it Rain section. It includes these two promotions, among others:
- Get $3 in free bets for every 3-pointer your team makes;
- $10 for every home run.
In these two self-explanatory promos, you root for your team to score 3-pointers or home runs. The more they score, the better for you. When they do, you get free cash. What’s not to like there?
Parlay boosters also feature prominently in PointsBet’s offer. You can make large parlay bets and get a +600 boost when you wager through the PointsBet app. In-play parlay bets are also an option, and, surprisingly, that’s something that not many bookmakers let you do these days.
Daily rewards, boosted odds, and early cash-out functions are all there too. You can ask for an early payout on all games the bookmaker offers and can even cancel a bet before the game starts.
On the other hand, the Name a Bet promo is another nice touch. With it, you Tweet your bet, and the bookie gives you the price.
Lastly, Darrelle Revis’ Betting Academy is great if you are a beginner looking to learn the ins and outs of sports wagering. The educational ‘how to bet’ feature is available at the Get Sharp section of the website.
PointsBet NJ Free Bet
The PointsBet sportsbook NJ free bet rewards new players with not one but two risk-free bets. It gives you an up to $500 first bet refund if your Fixed Odds bet loses. The wagering provider also gives you an up to $500 refund if your first Points Betting wager loses. Obviously, if both your first bets win, you don’t get a refund.
There is a simple reason why the people at this Australian-based bookmaker have two different risk-free bets. As you already know, points betting is different from fixed-odds wagering. It is often referred to as high-risk wagering as the profit you get from your wager is not fixed until the game finishes. If the margin is in your favor, you can win big. However, if the margin you wagered on goes the other way, you can lose quite a lot of money too.
So it’s nice to see that the wagering provider has taken this into consideration when making the deposit match risk-free offers. The bookmaker decided to reward bettors with a risk-free wager for both types of bets, and that’s commendable.
PointsBet Sportsbook NJ Promo Code
The risk-free welcome bonus does require you to use a PointsBet Sportsbook NJ promo code. To claim the offer, use code PUNTER to get your bonus.
Payments & Withdrawals
PointsBet is a decent online sportsbook, but it is evident that they are still a relatively new sports wagering provider. The number of options for making payments & withdrawals they enable clearly illustrates this. Currently, there are only several banking options at the bookmaker. These include:
- Visa and MasterCard (deposits only);
- PayPal;
- Online banking;
- PointsBet card.
All deposits at PointsBet are instant. The minimum deposit is set at $5, and this is among the lowest minimum deposit limits in New Jersey. On the other hand, maximum deposits can go as high as $50,000.
Withdrawal requests are also processed immediately, but can sometimes take between 1 and 5 days to complete depending on the payment method you use.
PointsBet Sportsbook NJ Mobile App
The PointsBet sportsbook NJ mobile app is a decent product that makes sports betting much easier. It is available for both Android and Apple users, and you can find download links directly on the bookie’s website.
The app comes in the same cool dark layout that the website is packaged in, but provides a much more streamlined wagering experience. As most other apps out there, it makes placing bets quite easy, and that’s the main reason why bettors use it.
One thing that you cannot get from the app is live streaming. Unfortunately, PointsBet NJ has a live streaming service neither on its app nor on its website right now. That’s something that the people at the wagering provider should definitely look into in the near future.
Mobile PointsBet Bonuses
The sportsbook might not have live streaming yet, but it certainly has its fair share of bonuses. PointsBet has the largest number of promos I have seen in a bookmaker, and that’s definitely a big plus for them.
You can activate all of these bonuses through the app, and some of them become much more enticing when you use the app instead of the website. For instance, the bookmaker’s parlay boost promises a +600 increase if you compile your combos on the PointsBet NJ app. Similarly, it is much easier to refer a friend and get $50 if you use the app and not the website.
Mobile Payment Options
There aren’t many payment methods that you can use at PointsBet. However, it is comforting to know that the ones that are available on the website are available on the app too.
This means that you can use the app to deposit via credit and debit cards, PayPal, and online banking. Similarly, you can make mobile withdrawals to your PayPal account or by using online banking, ACH/eCheck, or your PointsBet Card.
Mobile Sports Betting Offer
When you use the PointsBet mobile app, you can place wagers on all types of sports, competitions, and events. This means that you can use the app to place fixed odds, as well as points betting wagers. The list of sports available for these bets is pretty extensive and includes:
- Football,
- Basketball,
- Baseball,
- Hockey,
- Soccer,
- Tennis,
- etc.
You can bet on both professional and college games at PointsBet, but, as always, you cannot place wagers on local teams. If you want to do that, you will have to go to a different state, such as Indiana, for instance.
It goes without saying that the app also lets you bet on both pre-game and live events. The wagering provider may not have a live streaming feature, but it definitely has a very competitive live betting section.
PointsBet Sportsbook Customer Service
The customer service of PointsBet is among the better ones out there. You can reach it via several communication channels including:
- Live chat,
- E-mail,
- Phone.
The live chat and e-mail help-desk services operate 24/7 and are pretty quick to answer your queries too. However, before you try to contact the betting provider’s support service, you should first check if Revis’ Betting Academy might have your answer. The wagering academy feature contains some pretty helpful tips and has a comprehensive FAQ section to boot.
PointsBet Sportsbook Live Streams
As I already mentioned earlier, there are currently no PointsBet sportsbook live streams. This is not a deal-breaker for most bettors but it would definitely be awesome to have this feature. Hopefully, the bookmaker will change this in the near future.
Conclusion
PointsBet is a sports wagering provider that tries to be ahead of the curve. It’s fair to say that it succeeds in that but only in certain aspects of its operations.
It is one of the rare US bookmakers that offer points betting, for instance. This high-risk type of wagering is not something that you see at US sportsbooks, but this bookmaker has it.
Similarly, the wagering operator offers an industry-leading number of bonuses and promos. It would take me a day to list them all, but the fact that there are two welcome bonuses says it all really.
However, as with most bookmakers out there, there are also things that the operator can improve on. The two most prominent aspects that need fixing are the live streaming feature, or lack thereof, and the rather modest number of payment options.
All in all, PointsBet is a decent wagering provider that you should pay a visit. It may have its flaws, but the sheer number of promos you can use make up for any failings the bookmaker might have.
FAQ
Do you have to be in New Jersey to use PointsBet?
Yes, you do. The PointsBet sportsbook requires all players to be in New Jersey when placing bets. It uses geolocation software to make sure that this is the case.
Can you use PointsBet outside of New Jersey?
You can use PointsBet outside New Jersey, but you cannot place bets. You can only deposit and withdraw if you are outside the state when using the PointsBet app or website.
Is PointsBet legit?
Yes, it is. PointsBet is a legitimate bookmaker as it is licensed and regulated by the State of New Jersey Division of Gaming Enforcement.
Is DraftKings sportsbook legal in NJ?
Yes, it is. DraftKings is licensed and regulated by the State of New Jersey Division of Gaming Enforcement.