PointsBet Promo Code: Best Sign Up Bonus Of FIVE Second Chance Bets
Updated July 22, 2023
This PointsBet Promo Code breakdown will walk you through the ins and outs of one of the most innovative online sportsbooks in the US, including their unique offerings, special features and how you can score you the best bonus possible when you sign up.
If you’re ready to dive right in, you can click here to join PointsBet and you’ll automatically activate your sign-up bonus of 5 x $100 Second Chance Bets. No PointsBet promo code is required if you sign up through one of our links.
PointsBet’s sign up offer is available to all new customers in Ohio, New York, New Jersey, Indiana, Iowa, Illinois, Michigan, Virginia and Colorado as of July 2023.
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PointsBet Promo Code and Sign Up Bonus
PointsBet have some of the best sign up bonuses and promotions currently on offer in the United States.
You don’t need a PointsBet promo code to claim your new user offer. All you need to do is click here and create your account. Joining through one of our links will enroll you in this promotion.
After you deposit and place your first real-money bet, your PointsBet bonus of 5 x $100 Second Chance bets automatically will be activated.
How To Use Your PointsBet Promo Code
Here are step-by-step instructions on what to do with your PointsBet promo code, as well as how to use your Second Chance Bets.
1. Join PointsBet through this link. You won’t need to enter a promo code. Signing up through one of our links will automatically activate your 5 x $100 bonus in your new account.
2. Place your first real-money bet. Your first cash bet of each day will be your qualifying bet for your Second Chance bonus.
3. Enjoy the games! If your first real-money bet of the day wins, you get to keep your winnings. If it loses, you’ll receive your “Second Chance” bonus worth the same amount as what you wagered.
How Do Second Chance Bets Work At PointsBet?
If you receive a Second Chance bet as part of this PointsBet promo, here’s what you’ll want to keep in mind:
– The Second Chance promo only applies to your first Fixed Odds cash bet of any given day.
– If your first Fixed Odds bet of the day loses, you’ll receive a bonus equal to the amount you wagered, up to $100.
– Place qualifying bets each day for five days. You’ll get up to $100 back as a Second Chance bonus bet if you lose each day during your first five days as a PointsBet customer. So in other words, yes, you need to bet for your first 5 consecutive days to qualify for all 5 Second Chance bonus bets.
– Second Chance bonus bets will be added to your account within 24 hours, and will expire after seven days of receipt.
– You can’t withdraw your bonus bets as cas
– The best part: Bonus bets can be split equally up to four times. For example, a $100 Second Chance bonus bet can be split into four, $25 bonus bets.
This is an incredibly generous new user sign up bonus and one of the best promotions currently on offer across the sports betting industry. Take advantage of it while it lasts!
Claim your 5 x $100 bonus now. Remember: you don’t need to enter a PointsBet promo code so long as you click through one of our links.
Where is PointsBet Legal?
PointsBet was founded in 2017 in Australia and began trading solely as a “points betting” service. Over the course of the next year, they added regular sports betting markets to their offerings and are now one of the major players in the Australian sports betting scene. In mid 2018, PointsBet was granted the license to begin trading in the USA.
PointsBet launched into the U.S market in early 2019 with the release of the brand new ‘PointsBet Sportsbook’, which combines points betting and fixed odds sports and racing markets in one website.
PointsBet first got their license to trade in the state of New Jersey and have since added a multitude of legal states including Iowa, Illinois, Indiana, Michigan, Virginia, Colorado, Pennsylvania, Maryland and New York to their expanding list of available states.
In June 2021, the company secured a strategic partnership with the Riverboat on the Potomac in Charles County, Maryland. The agreement allowed PointsBet to offer their sports betting product in retail and online capacities in Maryland.
As of January 2022, PointsBet is live in New York and offering legal online sports betting in the Empire State.
If you’re in one of these regulated states where PointsBet is available, sign up now and claim your bonus.
What value is the sign up bonus?
The new Pointsbet sign up promotion allows you to receive 5x $50 Second Chance Bets which is a great way to place some wagers with a bit of a safety net!
Who is eligible for this promotion?
All new PointsBet customers can take advantage of this sign up promotion. Simply join PointsBet through our links and make a deposit, and you’ll be eligible.
Can I claim this promotion?
Residents of CO, IA, IL, IN, KS, LA, MD, MI, NJ, NY, OH, PA, VA and WV can all claim this offer. These are the states which PointsBet currently is licensed to operate in.
Is PointsBet legit?
Absolutely. PointsBet is a fully licensed and legal sportsbook that was originally founded in Australia in 2017. Since then, it has expanded into the United States and has licenses to operate in a number of states including New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan and New York. The company also has made announcements that it is taking steps to become licensed to operate in Maryland.
To view PointsBet’s full credentials, you can click here to visit the site.
Is my money safe on PointsBet?
Yes. PointsBet is a licensed, regulated company. It is compliant with all state laws and regulations surrounding sports gambling. PointsBet is NOT one of the “offshore sportsbooks” that accepts US customers from non-regulated states. PointsBet has certain laws it must abide by, so your money is 100% safe.
Who owns PointsBet?
PointsBet is chaired by former senior UBS and Citi banker Brett Paton (also a one-time director of both Tabcorp and its spin-off The Star Entertainment Group) and run by Sam Swanell, who helped establish Tom Waterhouse’s corporate bookmaking business nearly a decade ago.
NBC Universal will take an initial 4.9 per cent stake in PointsBet and receive options for shares worth $105 million that will become available after five years after a deal was made between the two companies in 2020.
PointsBet have some fantastic features within their site. Not only are the first sportsbook to introduce the phenomenon that is ‘Points Betting’. Points betting is a brand new way to place wagers which bases itself around the theory of ‘the more right you are, the more you win’. Essentially, you can place a bet on an outcome or stat of a sporting event, and your win will be multiplied by how right your prediction was!
For more info on how points betting works, be sure to check out our full Guide to Points Betting, including tips and strategies to maximising your earning potential.
To go along with their extensive PointsBetting feature, PointsBet also have a great selection of sports and markets to choose from. The list of sports available at PointsBet is expanding every day, as proved by their recent deal with the NBA which made them the 11th regularted sportsbook to offer markets in the United States prominent basketball league.
Want some of the best sport specific promotions on offer? Look no further. PointsBet have a great selection of rotating promotions available to their users, simple sign up for an account to take advantage of these benefits.
Some regular PointsBet betting promotions include daily boosted odds, increased line prices, money back guarantees and boosted reward point promos.
In addition to our sign up offer of 5x $50 Second Chance Bets, you also can use our slider below for an updated list of the current PointsBet promotions.
Points Betting is a unique way to bet on sports which allows the user to win more money depending on how right they are. If you back a team to cover a 3 point spread and the game ends up being a 15 point blowout, you have covered the spread by a full 12 points, meaning you’ll win 12x your stake!
As always, with more potential winnings, comes more potential risk. If your team fails to cover the spread by 5 points, you’ll lose 5x your original stake, and so on. If you haven’t already, be sure to check out our Guide to Points Betting.
Live In-Play Betting
PointsBet are another sportsbook that offers live in-play betting. Live betting is one of the more fun ways to gamble, with markets available on a range of different outcomes right at the touch of a button.
To view the PointsBet live in-play betting options, head to their homepage and click the ‘In-Play’ button on the left hand side of the screen.
Even if you lose, you still win at PointsBet! Each bet at PointsBet, regardless of the outcome, will earn rewards pints which can be used to purchase bonus bets in the future. Users will receive:
– 1 Rewards Point for every $5 Fixed Odds Bet
– 1 Rewards Point for Every $1 Parlay Bet
– 1 Rewards Points for Every $ Won or Lost with Points Betting
No Rollover Requirements
Unlike many other sportsbooks currently trading in the United States, PointsBet does not require you to rollover any winnings you accumulate through bonus bets. Place a bet with bonus money at PointsBet, and if your bet is successful, the winnings will be available to you immediately.
Multiple Deposit & Withdrawal Options
PointsBet offer a decent range of options for depositing and withdrawing your money. Deposits can be made via Visa, Mastercard, RaceTrack, ACH, Online Banking, PointsBet Mastercard and PayNearMe.
For withdrawals, users are able to utilise RaceTrack, ACH, Online Banking and PointsBet Mastercard.
When PointsBet officially opened its doors for business in Australia, the website and mobile app could only be described as ‘a little choppy’. However, with over a year of experience in the Australian betting market, the user interface has been honed and refined and looks ready to go to make a smooth transition to us U.S facing customers.
The PointsBet layout is simple and easy to use, combining a detailed homepage displaying popular and upcoming betting markets and displaying their current promotions clearly. A drop-down menu on the left-hand side of the screen will allow you to select an individual sport or race while you can log in or sign up in the top right hand corner.
PointsBet Mobile App
The PointsBet mobile app combines a sleek black design with easy to read betting markets and promotions. One downfall is that they are yet to integrate quick login technology such as pin code or touch ID, but apart from that, the PointsBet app cannot be faulted and is available on both iOS and Android. 1
Pointsbet Customer Service
PointsBet offers a well-organized and detailed Support Center. Customer support can be accessed through email or live chat.
Emails (email@example.com) are usually responded to within 24 hours and often less. There is no phone support or at least none that is made apparent.
We hope this PointsBet Review was helpful. Ready to try the site for yourself? Click here to create your account to ensure you’re eligible for the PointsBet promo code and bonus offers available, including the excellent 5x $100 Second Chance Bets offer.