Review Pointsbet Bonus:

Pointsbet Bonus

5 Second Chance Bets Up To $250


Pointsbet Bonus Overview

Pointsbet offers a unique new customer bonus- up to $250 in bonus bets- along with nice promos for existing US customers.

Pointsbet Bonus For New Customers
  • Up to $250 in Bet Credits, spread over 5 days
  • Promo Code: WELCOME
  • Minimum stake of $0.50
  • Available in CO/IA/IL/IN/KS/LA/MI/MD/NJ/NY/OH/PA/VA/WV

Learn more about the pointsbet welcome offer

Pointsbet Promos for Existing Players
  • Pointsbet Rewards
  • Pointsbet Partial Cash Out
  • Pointsbet Platinum Club
  • Pointsbet Diamond Club

Get more details on Pointsbet Promotions

Pointsbet Bonus score

  • Five second chance bets across five days
  • Low minimum stake for sign up bonus
  • No minimum odds requirements
  • Maximum bonus amount can be higher
  • Not enough promos for American players
Bonus offer
Betting variety
Mobile experience
Payment options
Betting experience
Pointsbet Bonus quick facts
Game TypesSportsbook & Casino
Deposit methodsVisa & MasterCard, PayPal, Online Banking, PayNearMe, ACH, PointsBet MasterCard, In-person (where available)
Withdrawal methodsPayPal, Online Banking, PayNearMe, ACH, PointsBet MasterCard, In-person (where available)
AppsiPhone, Android
Support24/7 Live Chat, Email
OwnerPointsBet Holdings Ltd.
Founded Year2015
HeadquarterDenver, CO
Loyalty RewardsPointsbet Rewards, Pointsbet Diamond Club, Pointsbet Platinum Club

Pointsbet Bonus: All You Need To Know

Wanna know more about the Pointbet bonus? Types of bonuses available? How to claim? How to use bonuses and free bets?

This is your all-in-one guide on the pointsbet bonus.

Read on to find out all you need to know about the pointsbet new customer bonus, as well as other promos available on the site.

Pointsbet Bonus

What We Like about Pointsbet Bonus

So what exactly is so great about the pointsbet bonus? What makes the offer stand out from the plethora of bonuses available to American bettors?

Pointsbet Bonus Best Features

😀 Five Second Chance Bets

As we will discuss in more detail later in this review, the pointsbet welcome offer gives customers the chance to claim free bets for five consecutive days.

Each day, a new customer can claim up to $50 in second chance bets, adding up to a total of $250 after five days.

👍 Low Minimum Stake

To claim the pointsbet welcome bonus, you need to make a deposit and place a bet. Good news is that you do not have to break the bank to place that bet. With as little as $0.50, you can place your bet, and qualify for the free bets on offer.

👏 No Minimum Odds Requirements

Another big pull of the Pointsbet bonus is that qualifying wagers for the bonus do not have any odds requirement.

All you have to do is to place bets on any fixed odds markets (while meeting the other bonus requirements) and you will be eligible for the bonus.

What We Do Not Like about Pointsbet Bonus

Like we promised at the top of this review, and like we do with all our reviews, we examine all betting bonuses in-and-out, bringing you the good and the bad sides.

Our aim is to give you as much information as possible about the different bonuses in the US so that you can make the best choices.

So here we go with what we do not like about the pointsbet bonus.

Pointsbet Bonus Shortcomings

😏 Relatively Low Bonus Amount

Maybe we are being a little bit greedy here, but the general feeling amongst our bonus experts is that the total pointsbet bonus amount can be higher.

If you are spreading your bonus over five days, you can as well go very big!

250 bucks is a lot of money, mind you, but when you see what the other guys are offering- Caesars, Fanduel and BetMGM offer at least $1000- then maybe pointsbet are being too conservative?

Come on pointsbet, raise that bar!

❌ Bet Credits are non-withdrawable

The pointsbet new customer offer comes in the form of bonus bets. Unfortunately, bonus bets cannot be withdrawn. So you cannot actually get the bonus as real cash.

Of course that is not to say that bonus bets are useless! Far from it. When you have free bets on pointsbet, you will be able to use them to place bets on the site. So rather that use your own cash, you will be able to place your bets for free.

It's just that sometimes, it would be nice to have the option of withdrawing the cash and keeping it!

👎 Not enough promos for American players

Pointsbet does have some other promotions outside the new customer bonus- like the partial cash out and Platinum and Diamond Clubs, but we feel they can do more.

Hopefully, as the weeks and months go by, we will get more promos play around with.

Editor's Verdict: Would You Recommend Pointsbet Bonus?
Lee Cooper

Lee Cooper

Yes, I would. That's my simple answer!

Always nice to have some free bets to play with at the start of your betting adventure.

Obviously, there are shortcomings here and there, but generally, this is a good bonus to have.

The bonus is easy to claim; and there are no strict wagering requirements.

Plus there are many other great things to like about pointsbet. They have got a really cool sportsbook, where you can bet on a variety of options. The lines are good as well.

Pointsbet Sign Up Bonus

Like we established earlier, there are several bonuses and promotions on pointsbet. There is the new customer bonus, as well as promos for existing players.

In this segment, we will zero in on the sign up offer, breaking down the bonus into the finest details and showing you how to claim and use the bonus.

If you are an intending new customer looking to learn about the pointsbet sign up bonus, this segment is for you!

Pointsbet Second Chance

The pointsbet sign up bonus is officially called Pointsbet Second Chance.

Why is it called Second Chance? Well, because you will receive your stake back if your first bet loses.

So you basically have a second chance to place another bet without having to spend your money. See? Smart!

And the beauty of this new customer bonus is that you get to enjoy this second chance on your first five days of betting on the site!

The maximum bonus you can claim for a day is $50, meaning that over five days, you can receive as much as $250.

Lee Editor

How Pointsbet Bonus Works- The Expert Explains

The Pointsbet Second Chance offer is available for five consecutive days, starting from the day you place your first bet on the site. On each of these five days, if your first bet of the day loses, you will receive your stake back, up to a maximum of $100.

Take for example you place your first bet on Monday, your second chance bonus will be available from Monday to Friday. If you don't place a bet on one of these five days, say Wednesday, you will forfeit the bonus for that day.

However, you will still be able to get your bonuses for Thursday and Friday, after which the offer will expire.

How to Claim Pointsbet Bonus

As promised, not only are we gonna blab aimlessly about the Pointsbet bonus, we are also going to show you a detailed guide on how to claim the bonus. So here we go:

Sign Up on Pointsbet

Of course, to claim the pointsbet bonus, you need to sign up on the site. You also have to enter the Pointsbet Bonus promo code.

To create an account, you must be at least 21 years old. Do not forget to enter the Promo Code while signing up.

Other information required for Pointsbet registration include:

  • full names
  • state
  • date of birth
  • address
  • email
  • last four digits of Social Security Number

Open Your Pointsbet Account

Make a Deposit on Pointsbet

After signing up on Pointsbet, the next step in your journey to the bonus is making a deposit on the site.

Here are the payment options available on Pointsbet:

  • Visa & MasterCard Credit/Debit Card (Iowa only Debit Card)
  • PayPal
  • Online Banking
  • PayNearMe (Not available in Michigan)
  • ACH
  • PointsBet MasterCard
  • Cash In-person (where available)

Note that the minimum deposit on Pointsbet is just $5

Place a Bet on Pointsbet

Now that you have money in your Pointsbet account, you can go ahead and place your first bet.

This bet is called the qualifying wager.

This qualifying wager must be a fixed odds market and must have a minimum stake of $0.50.

Also, the wager must be placed with cash, and can be same-game or traditional parlay.

You can bet on a variety of sports, including the NBA, NHL, soccer and many more markets.

Read the full requirements for the qualifying wager for the pointsbet sign up bonus.

Receive Your Pointsbet Sign Up Bonus

If your qualifying wager loses, you will receive your stake back as your welcome bonus.

Your bonus will be in the form of bet credits.

Hence, you will not be able to withdraw the bonus. You can only use the bet credits to place bets on the site.

For example, if you have staked $50 on your qualifying wager, and the Bet loses, pointsbet will return your stake.

On the other hand, if your qualifying wager wins, you will not receive any bet credits.

Instead, you will receive your winnings.

Sport bonus:

5 Second Chance Bets Up To $250

Turnover: 1x bonus amount Lowest odds: No Minimum Odds Bonus code: WELCOME

Pointsbet Sign Up Bonus Key Wagering Requirements

For you to be eligible for the pointsbet bonus, your qualifying bets must fulfil the following conditions:

  • must be a Fixed Odds market
  • must have a minimum stake of $.50 or more
  • must be placed with cash (wagers placed with Bet Credits do not qualify)
  • can be pre-match or live (in-play)
  • can be same game parlays or traditional parlays
  • cannot be bets placed with “Excluded Wagers”

(Excluded wagers include: bets placed with Bet Credits, cashed out bets, voided or canceled bets, bets using the PARLAY BOOSTER® feature (or any other Booster), and PointsBetting wagers.

Pointsbet Promo Code

In order to receive the Pointsbet new customer bonus, you need to enter the promo code for the bonus while signing up.

The promo code for the pointsbet bonus is WELCOME.

In many cases, the promo code is automatically entered on your registration form.

But you should also confirm that it is indeed on the form before proceeding to confirm your registration.

If your code is not there, you can always type it manually in the bar marked "Promo Code" on the sign up form.

How to Use Pointsbet Bonus

The pointsbet bonus comes in the form of bet credits. Hence, you can only use the bonus to place bets on the site. The bonus cannot be withdrawn.

Bets placed with bets credits are guided by slightly different rules compared to bets placed with actual cash.

Here are some of the most important things to note when using your pointsbet bet credits:

  1. To place a bet using a Bet Credit, you must “Bet Credit” in the bet slip. Else, the bet will be placed with your own cash
  2. Bet Credit stake is not included in any winnings. This means that when you win a bet placed with Bet Credits, the value of the bet credits will be deducted from your winnings.
  3. Bet Credits expire 7 days from issuance.
  4. Bet Credits cannot be used on PointsBetting wagers.
  5. Bet Credits can be split equally up to four times. For example, a $100 Bet Credit can be split into four $25 Bet Credits.
  6. Bets placed using Bet Credits cannot be cashed out using the Cash Out feature

Pointsbet Bonus vs. Other Bonuses

We are in luck in the states, given that there are many great bonuses available for bettors.

How does the pointsbet bonus stand up against the competition? Here is a quick comparison with other top sign up offers in the country.

How Pointsbet Bonus Compares

🎁 Maximum Bonus Amount

Well, it has to be said; the maximum bonus amount being offered by the pointsbet leaves a lot more to be desired.

The pointsbet bonus maxes out at $250. If you want a little bit more, check out Caesars ($1,250), Fanduel ($1,000) and BetMGM ($1,000).

⏱️ Validity Period

The validity period of the Pointsbet bonus is fairly OK. If you do not use the bet credits within seven days, the bonus will be taken away. This is the same time frame as rival sites like betMGM.

However, it is not the best in the land.

Fanduel does a much better job at this, as their bet credits are eligible for 14 days.

➗ Bonus Percentage

The pointsbet bonus is effectively a 100% stake back bonus. If your first bet loses, you will receive a bonus worth the exact same value as your stake.

This is pretty much standard practice across many sportsbooks in the US. BetMGM and Fanduel are amongst other top sites that give a 100% stake back bonus.

💰 Minimum Deposits

At just $5, pointsbet has one of the lowest minimum deposits in the market. Fanduel and BetMGM have set their minimum first deposits at $10.

So it's a W for Pointsbet here!

📉 Minimum Odds Required

There are no minimum odds requirements for the Pointsbet bonus, which puts the sportsbook up there with the best on this consideration.

Pointsbet Promos

Right. Having taken much time to exhaust the pointsbet new customer bonus, let's shift the focus a bit and discuss the promotions available for existing customers.

Of course, when you sign up and start using Pointsbet, you also become an existing customer.

In effect, these pointsbet promos are for everyone, whether new or old, greenhorn or betting pro.

Below is a list of the top promotions available on pointsbet.

Pointsbet Promos

Best Promos on Pointsbet

🤝 Pointsbet Rewards

Pointsbet Rewards is a promo for loyal customers which gives reward points for every bet placed on the site. The number of reward points is dependent on the volume of bets, type of wagers and the stake on the bet.

For every $5 on a fixed odds market, you get 1 reward point. Parlay wagers give 1 point for every $1 bet, while pointsbetting wagers attract one point regardless of whether the bet is won or lost.

When you have accumulated enough Reward points, you can then convert to bet credits and use them to place bets in the pointsbet sportsbook.

💰 Pointsbet Partial Cash Out

With pointsbet partial cash out, you are able to cash out a fraction of your wager, and leave the rest of the bet to run its course.

To use this feature, simply go to your pending bets and select the cash out option. Here, you will be able to see the full cash out amount.

If you don't want to cash out the entire bet, you can choose what percentage you want to cash out by moving the slider to the desirable point.

🎉 Pointsbet Diamond Club

The Pointsbet Diamond Club is another promo that rewards loyalty.

The exclusive club is strictly by invitation, and is reserved for customers that have placed large volumes of bets on the site.

Members have access to Pointsbet's Red Carpet Referral Program, and can win bet credits and Pointsbet Diamond Experiences by referring new customers to the site.

When you get an invite into the Diamond club, you will enjoy personalized promotions and receive premium tickets to events across the US.

Other benefits of being a Pointsbet Diamond Club member include birthday bet credits and gifts, meets and greets with pointsbet ambassadors, expedited withdrawals courtesy Diamond wireless transfers, and many more.

💡 Pointsbet Platinum Club

The Platinum club is a level lower than the Diamond Club. Customers in the Platinum Club cab achieve Diamond status as they continue their Pointsbet journey.

Like the Diamond Club, the Pointsbet Platinum Club is an exclusive club that can only be joined by invitation.

Some of the benefits of being a Platinum Club member include daily bet and get,0 parlay boosters, personalized promos and birthday free bets.

Pointsbet Casino Bonus

Apart from the sportsbook bonus, pointsbet also has a casino bonus but the availability is not as widespread as the sports bonus.

For now, the casino bonus is only available in Michigan.

Hopefully, as online casinos become more popular and legal across the US, players in other states will be able to benefit from the pointsbet casino bonus.

Called the Free Spin Welcome Journey, the Pointsbet Casino Bonus is a 200% refund on your total losses in your first 72 hours of playing in the casino.
Pointsbet Casino Bonus

The bonus is in the form of free spin credits, with the maximum value being $800.

Your 72 hours start counting after you have joined the pointsbet online casino and opted in to receive the bonus.

Claim Your Pointsbet Bonus

5 Second Chance Bets Up To $250

Ready to start off your betting adventure with a cool bonus offer? Bet credits on each of your first five days of betting? That's what you get on pointsbet.

And as you continue to use pointsbet, you'll stand a chance of getting more bonuses from promos like the Pointsbet reward.

Who knows? Perhaps one day, you could well become a Pointsbet Diamond customer!

Hit the button below to join Pointsbet and claim your new customer bet credits.

Claim 250$ offer


FAQs about the Pointsbet Bonus

🎁 How much is pointsbet bonus?

The pointsbet new customer bonus is $250.

When you join pointsbet, you can claim up to $250 in bonus bets.

🙋‍♂️ In which states can I get the pointsbet bonus?

You can get pointsbet bonus in states where pointsbet is legal and active.

🤔 What is pointsbet promo code?

Pointsbet Promo Code is WELCOME

When you sign up on pointsbet and enter this promo code, you will be eligible for the pointsbet welcome bonus.

🔒 Is pointsbet bonus legal?

Yes pointsbet bonus is legal and available in the following states:

  • Colorado
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Maryland
  • Louisiana
  • Michigan
  • New Jersey
  • New York
  • Ohio
  • Pennsylvania
  • Virginia
  • West Virginia
💰 What promos are available on pointsbet?

The promos available on pointsbet include:

  • Second Chance Bets for New Customers
  • Pointsbet Rewards
  • Pointsbet Partial Cash Out
  • Pointsbet Diamond Club
  • Pointsbet Platinum Club
💡 How can I get bonus bets on pointsbet?

To get bonus bets on pointsbet, you need to sign up, make a deposit and place your first bet on the site. If this net loses, you are entitled to bonus bets worth the value of your stake.

💵 Does pointsbet have a deposit bonus?

Technically yes, pointsbet have a deposit bonus. For you to claim any of the bonuses available on pointsbet- be it the second chance bets, pointsbet rewards or any other offer- you need to sign up and make a deposit on the site.

However, you also need to take the additional step of placing bets on pointsbet before receiving any of these bonuses.

❓ Can I withdraw pointsbet bonus bet winnings?

While you cannot withdraw the actual bonus bets on pointsbet, you can withdraw winnings made from these bonus bets.

Pointsbet Bonus review

Pointsbet Bonus sportbonus

5 Second Chance Bets Up To $250