PointsBet Sportsbook New York Launch Info & $2000 Promo Codes

By Eric Pauly

The State of New York recently granted online sports betting licenses to a number of operators, and the Australian-based sportsbook, PointsBet New York was chosen as an operator. PointsBet is currently accessible in seven states and is continually increasing its reach as more states legalize sports betting.


Pointsbet New York Sportsbook At A Glance

๐Ÿฅ‡ Best For:Innovating Betting Options
๐Ÿ–Š๏ธ Welcome Offer:Two Risk-Free Bets Up To $2,000
๐ŸŽ PointsBet NY Promo Code:Click to Activate
๐Ÿ’ณ Minimum Deposit:$5
๐Ÿ’ฐ Wagering Requirement:None
โœ”๏ธ App Available:Yes
โŒš๏ธWithdrawal Time:30 Minutes To 5 Working Days
๐Ÿ“†Online Since:2017

PointsBet sports books' website and mobile app are both user-friendly and are a host to various different types of bets. PointBet New York can be accessed via the App Store, the Google Play store, and is supported online by any browser type.

PointsBet differentiates itself from other operators, such as FanDuel New York, with their self-titled gambling option called, "PointsBetting." PointsBetting is a type of betting that closely resembles option trading in the stock market. If a bettor wins their wager by 15 points, they make 15x their initial wager. However, if the bet loses by 15 points, the bettor loses 15x their stake. This new way of betting is intriguing and unique in today's market.

Expert Review Of PointsBet Sportsbook New York

โœ”๏ธ Wide array of generous bonuses and promotionsโŒ Average odds on major markets
โœ”๏ธ Generous promotions for new bettorsโŒ Limitations on promotions
โœ”๏ธ PointsBetting and the ability to choose your own bet for spreads and totalsโŒ No Round Robin bets
โœ”๏ธ Ease of download

PointsBet NY Promo Codes

New York granted sports betting licenses to operators on November, 8th 2021, and New York residents now use betting mobile apps to place wagers. At the moment, there are no live sportsbooks in NY, so it is difficult to determine exactly what promotions will be available. However, it is expected that PointsBet continues their sign-up bonus of $2,000 in risk-free bets for a bettor's first two bets, including up to $1,500 for a player's first bet. PointsBet also offers a $500 refund for the first loss of a make-your-own odds bet.

New York Welcome Bonuses From Pointsbet

Currently, in other states, PointsBet sportsbook offers a few promotions that are continuously updated and vary season to season. In the promotions tab on the website and app, players can find special offerings such as risk-free betting up to $20 on Sunday Night Football, same game parlays, and a $150 referral bonus for getting a buddy to sign up. These are great offers to take advantage of after a new bettor exhausts the signup promotions.

PointsBet Sportsbook New York Best For: Online Sports Betting Landscape

PointBet NY is great for the online sports betting landscape since they incorporate basic betting options such as spreads, sides, totals, and parlays while also offering new ways to bet like PointsBetting and picking your own spreads and totals on games. These offerings are unique and help PointsBet distinguish itself from other major bookmakers. PointsBet is also great for its ease of use, its sleek app and website design, and the wide menu of events a bettor can place wagers on. It is certainly equivilent, in terms of quality, to other operators like BetMGM New York.

History of PointsBet

PointsBet is an Australian-based sportsbook that has done a great job expanding its reach into the US. In January 2019, Pointsbet launched in the US and currently is operational in seven states. These states include Colorado, New Jersey, Indiana, Illinois, Iowa, Michigan, and West Virginia. As more states continue to legalize sports betting, it is expected that PointsBet continues to grow its market share. PointsBet has established a strong reputation as a bookmaker compared to other major players, such as BetRivers NY, due to a few varieties of prop bet offerings, PointsBetting, and easy-to-use mobile sports betting.

NY Sports to Wager On With PointsBet

Legal online gambling in New York offers a wide variety of different bets that can be placed. Players will be able to bet on sports such as college sports and professional sports. Here is the list of sports a New York bettor can anticipate betting on:

๐Ÿ‰ Australian Footballโšพ๏ธ Baseball
๐Ÿ€ Basketball๐ŸฅŠ Boxing
๐Ÿ Cricket๐Ÿšด Cycling
๐ŸŽฏ Darts๐ŸŽฌ Entertainment
๐ŸŽฎ E-Sports๐Ÿˆ Football
โ›ณ๏ธ Golf๐Ÿคพโ€โ™‚๏ธ Handball
๐ŸฅŠ Mixed Martial Arts๐ŸŽ Motor Racing
๐Ÿ‰ Rugbyโšฝ๏ธ Soccer
๐Ÿ“ Table Tennis๐ŸŽพ Tennis
๐Ÿ Volleyball

New York bettors love to bet on the NFL, NBA, NCAAF, NHL, MLB, and NCAAB. These professional and collegiate games will be the most popular markets in New York sports betting.

Types Of Sports Bets By Popularity

As you can see above, PointsBet New York offers a wide array of bets, especially in comparison to other retail sportsbooks. Casual bettors love to dabble in parlays and prop bets while more serious bettors will be fixated on straight bets and total lines.

Straight Bets - A straight bet is a wager placed on a team involving the spread. For example, a typical NBA game can have the Knicks +4.5 and the Bucks -4.5. Choosing one of these sides is a straight bet.

Total Lines - A total bet is a wager placed on the final outcome of points in the selected event. For example, a bettor can place a wager on over 40 total points in the Washington Football Team vs the Tampa Bay Buccaneers.

Moneylines - A Moneyline bet is a wager where the bettor chooses one team to win the game outright and does not include a spread. This wager can be the Knicks +125 and the Bucks -200.

Parlay Bets - A parlay bet is a type of bet that includes more than one wager. In order for a parlay to hit, all of the selected events must all win. Parlays combine the odds of the straight bets attached to it. A player can bet the Knicks +4.5 and Washington Football Team Moneyline for an increased payout.

Futures Bets - A future bet is a bet on an event that takes place later in a season. For example, a bettor can take the Chiefs to win the Super Bowl before the NFL season begins.

Prop Bets - Prop bets are wagers that correlate directly to an event but are not actually choosing a side or total to win. A prop bet can be a wager on a player to score a touchdown or a bet on the total field goals made in a game.

Great Betting Features On The PointsBet Sportsbook in New York

PointsBet sportsbook has done a great job differentiating itself by utilizing certain features that are not offered by most online sportsbooks or even on an offshore sportsbook. For starters, PointsBet offers player props such as quarterback completion percentage and true field goal percentage for players in NBA games. PointsBet also utilizes their unique betting tool called PointsBetting and Make Your Own lines for various events.

PointsBetting

PointsBetting is a new, unique, and innovative way for bettors to engage in events. Here's how it works: say a bettor wants to place a bet that Tom Brady will have over 250 passing yards. If a player utilizes PointsBetting, the player would win multiple their winnings based on how many yards over the total the bet goes. Conversely, if the bet loses by any amount, the bettor needs to pay a multiple of how much they lost. So, if the total is 250, and the number ends at 255, a $10 bettor nets $50. If the number ended at 245, the same bettor loses $50.

PointsBet New York Live Betting

When an event begins, PointsBet allows bettors on their mobile app and website to place wagers as the game is in play. PointsBet NY will allow live betting for all markets offered. The rules for live betting are the same as the rules for the event before going live. In soccer or hockey, a live bettor who picks someone to score a goal will not cash their bet if the player scores an own goal.

PointsBet Bet Cash Out Option

PointsBet New York is also unique in its offering of cash-out options while an event is still live. By navigating to pending bets, a bettor can choose to cash out of a wager and collect their money back. Depending on how the event is going, PointsBet will either offer a bettor less money back since the bet is already losing or more money if the bet looks like it will be a winner. This is a great tool for risk management and allows players to take less of a loss early in an event.

PointsBet Odds Boost

In some cases, PointsBet will allow bettors to enhance odds as a promotional tool. Enhancing odds means that the sportsbook offers better odds than what is listed currently for the event. Boosted odds generally come with a max wager amount and this amount varies from game to game.

Same Game Parlays at PointsBet NY

Not only does PointsBet offer parlays, but PointsBet also allows users to create same game parlays. Same game parlays are parlays that stack together multiple wagers for the same event. A player has the ability to combine multiple bets such as touchdown scorers, total points, and other player prop bets for a larger payout on the same game.

Bets Allowed

When it comes to parlays, bettors are not limited to only taking bets in the same market or the same game. A bettor can place a parlay across multiple sports. For example, a player can take an NHL team Moneyline, a total in a football game, and an NBA game against the spread all combined into one bet.

Live NY PointsBet Sports Streaming

PointsBet is partnered with NBC Sports and is allowing users to stream games live on the app or website. Bettors can simultaneously watch games on the app and take live bets on the event. These live-streamed events will generally be events that are taking place during odd times. Sports included are esports, volleyball, tennis, soccer, and table tennis.

Sign Up At PointsBet New York

Creating an account for PointsBet is a very simple task. By downloading the mobile app or accessing their website, new bettors can click the signup button in the top right-hand corner and begin the process. Bettors need to provide their name, email, date of birth, and social security number to confirm their identity. Players need to be 21 or older to make an account.

New York PointsBet Sportsbook Payment Options

To get started betting, PointsBet New York has made it very simple and convenient for new users to deposit money and begin taking action. PointsBet offers a few online banking options to refill an account and also withdraw winnings.

Funding Your Account

Funding a PointsBet NY account is an easy process. After completing the sign-up process, bettors can navigate to the deposit tab to start filling an account with funds. PointsBet currently allows bettors to deposit money through credit cards, debit cards, PayPal, checks, and online banking.

Cashing Out

After placing and winning bets, a bettor can easily navigate to their balance, by clicking the arrow in the top right corner, and can select withdraw. The process is easy and generally seamless. Bettors can easily see their available balance and withdrawals usually take 1 to 2 business days to process. Bettors can withdraw funds the same way they deposited them.

Payment Options

  • VISA
  • MasterCard
  • ACH Transfer
  • PayNearMe
  • PayPal

Sports Betting Contests and Tournaments

PointsBet NY is also unique in its approach to online gambling by offering betting contests and tournaments for its users. These contests include, but are not limited to, promotions such as no vig on football games. Contests are odds boosted events for bettors to win more without paying the usual juice on an event. PointsBet also offers a Bad Beat Index for bettors that lost a wager in an unusual manner.

๐Ÿ’ช No Juice Even Money Spread Lines: For the start of the 2021 NFL Season, PointsBet offered a promotion where bettors can receive no vig when betting NFL spreads. This promotion lasted the entire month of September.

๐Ÿ’ช Bad Beat Index: PointsBet allows bettors to submit to them tickets of games that ended unusually and make a sure winning bet turn into a loser during the final minutes or seconds of an event. A player can send a picture of their ticket to PointsBet NY and get up to $100 back if the beat was bad enough.

Will PointsBet NY Offer A Rewards Program

PointsBet New York offers a loyalty program for all bettors that use its mobile app or website to take bets. The mantra for this program is simple: the more a person bets, the more rewards that bettor is entitled to. PointsBet utilizes a points system. Every bet placed equals rewards points for the number of dollars wagered. A $300 bet turns into 300 reward points at PointsBet. 1000 points equate to a $10 free bet. Rewards can be found in the same place where bettors deposit and withdraw funds.

Sportsbook User Experience

One of the best parts about the PointsBet New York mobile app and website is the ease of use of its online and mobile betting platform. In New York, it is expected that the platform and app will stay the same and not lose any of the traits that make it so easy to use. I enjoy the easy-to-navigate sidebar for all sports, the easy-to-navigate withdrawal feature, and the live chat option. PointsBet is not missing any features that are offered by other legal sports betting operators.

PointsBet App New York

The PointsBet mobile app experience is simple and does not put any strain on sports bettors looking to get some coin down on an event. It is super simple to use and is available for both Apple and Andriod users. The app generally does not lag, but it has instances where it is slow and needs to be closed and reopen. A user will access the app by downloading the PointsBet app from the Google Play or Apple Store and can begin their sports betting experience once PointsBet goes live in New York.

Online Sports Wagering

Besides the ability to take a look at wagers on a larger screen, there is no difference in what is offered for online betting and what is offered for app users. The web-based platform allows bettors to navigate the same screen so there is no difference between using the app vs the website. Both are viable options for placing bets without giving users any headaches.

PointsBet Security

PointsBet will help keep its user's personal information safe by utilizing encryption as well as new technology to keep all players' information safe. PointsBet is actively taking all the necessary steps to ensure no private information is made public. In order to keep accounts safe, PointsBet complies with the Bank Secrecy Act. As a new user of PointsBet, it is recommended that a player utilizes hard-to-replicate passwords that include special characters to help protect accounts.

Responsible Betting

PointsBet NY includes an entire section on their website dedicated to responsible gaming. This webpage consists of the number to reach the problem gaming hotline as well as frequently asked questions surrounding problem gaming. By allowing users to self-assess their problem gaming, PointsBet is taking the necessary steps to ensure their customers are not developing a gambling problem.

PointsBet Customer Support Methods

For bettors with any questions surrounding placing wagers, withdrawals, deposits, and responsible gambling, PointsBet offers a live chat for all bettors. Also, bettors can email service@pointsbet.com. PointsBet has a frequently asked questions tab on their website and the services are available in English and Spanish. According to other players, PointsBet's live chat and service email are both easy to use ways to contact PointsBet and get all the information needed to continue to bet through PointsBet.

PointsBet Sportsbook New York Review

All things considered, PointsBet Sportsbook New York is a great addition to the upcoming New York sports betting market and will serve as a great outlet to get bets down. With unique offerings like PointsBetting and other player props that are not offered elsewhere, users can get creative with their wagering. The website and mobile app are easy to use and offer great support services. While PointsBet has promotions and odds boosts, I'd like to side a wider variety of these offerings. Besides some rare instances of having to close and reopen the app, PointsBet's mobile app is fast, easy to navigate, and reliable. For any bettor in New York, I highly encourage signing up for PointsBet and utilizing their platform.

PointsBet Sportsbook New York FAQs

Pointsbet was granted a license to operate in New York and will go live in the state once it is officially legal.

At this time, there is no NY sportsbook promo code for PointsBet. This will likely change once the operator goes live. It is expected that PointsBet will offer new bettors $2,000 in risk-free bets and refunds first wagers up to $1,500.

Yes, it is expected there will be. PointsBet should include $2,000 in risk-free bets for new users.

You must be 21 years of age or older to place a bet at PointsBet New York.

PointsBet does not offer an online casino; this could change in the future.

Only in the other states it is legal, which are Colorado, New Jersey, Indiana, Illinois, Iowa, Michigan, and West Virginia.

Yes, it can be found on the app store and the google play store.

Yes, live wagering will be available.

Contributors

Eric Pauly

Reviewer since November 2021

Sports betting expert Eric Pauly has extensively tested New York sportsbook apps so you don't have to when selecting which one to join.

Interests: NY sports betting, sports betting apps in New York