What is Pointsbet Rewards Promo?
Pointsbet Rewards is a promotion that allows pointsbet users receive reward points and bet credits for placing bets on the site.
It is a program designed to appreciate loyal customers, and give back to bettors who consistently use pointsbet.
The more bets you place on pointsbet, the more reward points you earn.
As the number of rewards points you earn grows, you will be able to redeem these points as bet credits, which can then be used to place bets in the pointsbet sportsbook.
The great thing about these bet credits is that you get to place bets without having to use your own cash.
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How to Earn Reward Points on Pointsbet
If you meet the eligibility conditions above, you can go ahead and deposit some money in your pointsbet account, place your bets, and collect your reward points. The bets must be cash wagers, and can be placed on any sports event or market.
The value of reward points you receive for each bet is dependent on the following factors:
- Type of wager
- Stake on the bet
PointsBetting wagers typically give the most points, followed by parlays wagers, and then fixed odds bets. Naturally, the more money you stake on the bet, the more points you earn.
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.
Earn enough points to receive Bet Credits
So how many reward points do you need to get bet credits?
You must have at least 250 points to redeem points for a Bet Credit.
The relationship between reward points and bet credits is shown below:
| Reward Points | Bet Credits |
| 250 points | $2.50 |
| 500 points | $5 |
| 1,000 points | $10 |
| 2,500 points | $25 |
| 5,000 points | $50 |
| 10,000 points | $100 |
| 50,000 points | $500 |
| 100,000 points | $1,000 |
To see how many Reward points you have accrued, simply log into your account via the mobile app or website, and visit the pointsbet rewards page.
On this page, you can track your progress on the pointsbet reward program and know when you have enough points to get bet credits.
How to Use Pointsbet Rewards Bet Credits
When you get your bet credits from the pointsbet reward program, you will be able to use the credits to place bets in the sportsbook.
However, there are certain guidelines on how to use these bet credits that differ from regular cash bets.
Here are some of the pointsbet rules governing bets placed with pointsbet reward bet credits:
- Bet Credit stake is not included in any winnings
- Bet Credits expire 30 days from issuance Bet Credits cannot be redeemed for or withdrawn as cash at any time.
- Bet Credits cannot be used on PointsBetting wagers.
- Bet Credits do not count towards qualifying for any other promotional offers.
- Bet Credits can be split equally up to four times (e.g., a $100 Bet Credit can be split into four $25 Bet Credits)
- Bets placed using Bet Credits cannot be cashed out using the Cash Out feature.
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