PointsBet Illinois Promo Codes & Review

PROS

• Strong mobile interface

• Massive welcome bonuses

• Karma Kommittee

CONS

• Big loses can be racked up quickly

• No PayPal

WHERE IT OPERATES

This is the review for Illinois but they are also live in several states

DEPOSIT & WITHDRAWAL METHODS

• Visa and Mastercard are the two most common deposit methods, PointsBet Card, ACH (eCheck) or PayWithMyBank (online banking) and PayNearMe are some of the other banking options

• PointsBet Card, ACH (eCheck) and online banking.

MOBILE INTERFACE *****

No complaints at all with their mobile offerings.

EASE OF DEPOSITS AND WITHDRAWALS ****

The deposit methods are secure and quick as are the withdrawal options but seriously no PayPal...why?

SAFETY AND SECURITY *****

PointsBet uses all needed safeguards and is licensed and regulated by New Jersey’s Division of Gaming Enforcement and Iowa Racing and Gaming Commission. The site also offers users a “strong” authentication “text code” at sign-in if needed.

CUSTOMER SERVICE ****

A 24/7 live chat option via their website is available to all customers and their Twitter account -  @PointsBetUSA - is constantly monitored. They also have a phone helpline, which you can call on the following number 833-388-PBET.

USER EXPERIENCE *****

The Revis Betting Academy is a great starting point for anyone looking to serious get involved with spread bettors.

OVERALL ****

PointsBet has great welcome bonuses and they are right at the front of the queue for spread bettors. They don't have great traditional markets however.

The Australian company are certainly coming into the US market with the brakes off. Offering up to $2,000 in welcome bonus is more than enough to get noticed. That offer is in two-parts with up to $500 back on your first bet if it loses in a regular market and up to $1,500 for your first bet if it loses in a PointsBetting market.

PointsBet got a temporary license to trade back in July of 2019 and got their full license in September 2020. Their physical retail location is based at the Hawthorne Race Course in Stickney, which also offers live Horse Racing for those placing bets in person.

They have both an Android and iOS apps available. A bold red on black background with a rolling bonus bar tries to influence us to use the site.

If new to the site or the concept of PointsBet, we highly recommend you thoroughly read the Revis Betting Academy primer which explains the high-risk, high-rewards it offers. Spread Betting is certainly not for the fainthearted as it comes with potential big rewards but also big losses can be accrued quickly.

If you are completely new to PointsBetting then the basic concept is, how much a bettor wins or loses contingent on how close the bettor’s prediction is to the contests’ final outcome. 

For example, if a bettor wagers $10 on “Over 47 total points scored” in a Bears/Packers game and the result is 27-23 (50 total points) so a three-point win, the win/loss is $30. On the flip side in the same game, if it ended up 17-14 (31 points) then it is an 16-point loss and the bettor will lose $160.

Basically, the more right you are, the more you win and the more you are wrong, well alas, the opposite applies.

Each betting market has its own “multiplier cap,” with varies based on the volatility of that specific market, so don’t be surprised to see a win/loss multipler of 250x vs another capped at 10x.

This is a complicated concept for anyone new to betting on sports and if it seems too much - I wouldn't be overly concerned as the traditional markets that you would expect are also available like Moneyline and Futures Markets.

PointsBet has a 'Karma Kommittee' which considers applications for bet refunds based on bad luck. This may be a small part of what they offer but it does give bettors a chance yo potentially earn back stakes for extreme bad luck. This has been a popular addition for UK bookmakers in recent months as they often use social media to get followers to vote on which bit of bad luck they should reimburse.

Spread-betting market includes who will win the game, point totals, passing yards on a QB, a game’s winning margin and plenty of others.

Traditional bets are just that, traditional - from money lines to point totals to game props.

With big NFL games having more than 200 markets open. PointsBet is certainly a good place for the considered NFL bettor. Those who are interested in Player Props can win (or lose) big.

PointsBet also offers “Name A Bet” where if a bettor doesn’t see an available betting market on the site you can tweet @PointsBetUSA and an oddsmaker will price the wager for the bettor.

They also a Loyalty Program such as the one they ran on the NFL during the 2020-21 season, which offered $100 bonus bet for 25 bets, $200 for $50 etc.