PointsBet New York Review

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PointsBet
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Certifications
VeriSign SecuredeCogra Approved Casinos

Overall Rating

4.5/5

Withdrawal Speed

4/5

Bonuses & Offers

4/5

Security

4.5/5

Software & Games

4.5/5

PointsBet Sportsbook at a glance


Casino Name PointsBet
Owner PointsBet Holdings Limited
Year Established 2017
Games offered soccer, basketball, NFL, baseball
Compatible Devices Android, iPhone, Tablet, Desktop
Payout Percentage N/A
Payout Days 7 days
Languages English, Spanish
Banking Options Mastercard, Debit Card + 3 more
Bet Settlement Speed
Instant - 5 days
Withdrawal Speed
7 days
Number of Sports
20
  • PointsBet promo: Generous bonuses up to $2000
  • First book with “Name a Bet” feature
  • Streaming capability allows watching live on site
  • “Pulse” blog provides insightful articles
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Chris Sheridan

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Sports betting expert

Chris Sheridan is a sports gambling industry expert based just north of the Bronx who specializes in sports betting issues in legal US markets. He has worked for The Associated Press, ESPN and Forbes, among others.

PointsBet Sportsbook Review 2022

4.5/5

PointsBet Sportsbook has been one of the most successful online sportsbooks in New Jersey and Pennsylvania, and is now one of the best available in New York. They offer a good range of sports markets, with human traders in New Jersey and Nevada setting lines and approving bets. Many other books use software and so offer limited and similar lines.

Your first bets are risk free up to $2,000 and can be split four ways, but you must remember to use the PointsBet promo code “WELCOME” when signing up.

PointsBet was the first book to have a feature called “Name a Bet”, which means that, if there’s a wager you want to make that’s not listed, you can request it and PointsBet will get back to you with a line. A Las Vegas old-timer named Benny Binion used to pride himself on taking any bet anyone wanted, and this strategy was the genesis of this feature. The PointsBet app looks and runs almost exactly like the desktop site, which is not always the case at other books.

Pros

  • PointsBet promo: Generous bonuses up to $2000
  • First book with “Name a Bet” feature
  • Streaming capability allows watching live on site
  • “Pulse” blog provides insightful articles

Cons

  • Terms and conditions tricky on sign-up bonus
  • Winnings payment via PayPal not instant

Sports markets and bet types

4.7/5

There are 11 different types of sports offered, including Rugby World Cup Futures, which you’ll be hard pressed to find elsewhere. PointsBet lists this because it’s owned by Australians, and Aussies love Rugby more than American college fraternity house members do.

New Yorkers know plenty about football, basketball, golf and hockey, and tennis fans can enjoy the U.S. Open played at the National Tennis Center in Queens. PointsBet USA is proactive in listing match-by-match lines during these tournaments. Because of the streaming feature, you can easily watch a bet that you’ve wagered on play out. There’s a good range of bet types, including futures odds on the winners of different sports leagues, tennis, and golf tournaments, boxing and MMA bouts and auto racing events. Every February, the PointsBet Super Bowl promo is published with generous odds and many choices.

Bonuses and promotions

4.5/5

Promotions often change, and bonus deals rotate based upon what sports are in season. The main welcome offer at Points Bet is up to $2,000 in risk-free bets, double what many others offer. Gamblers must pay close attention to following the terms and conditions. Two words: proceed slowly. That way you take full advantage of some of the industry’s most worthwhile and generous sign-up promos.

Banking

4.4/5

There are five different ways to deposit funds at PointsBet, and the money is available for wagering almost immediately. PointsBet offers fewer payment options than most books. Credit card deposits aren’t allowed, but other options are PayPal, debit card, online banking (which they recommend), and PayNearMe (a cash option using local retailers).

All these options are safe and secure, and are vetted by the NY State Gaming Commission. How long is the PointsBet withdrawal time? One to three business days depending upon the amount of funds being disbursed. A good rule of thumb is to expect it to take three. PayPal withdrawals are slower than at other books, taking up to three days.

Chat support can provide updates during the withdrawal waiting process. There’s a $10 minimum deposit and no maximum deposit limit. Any Fan Duel withdrawal of $10,000 or more will be immediately reported to the IRS in accordance with US banking laws.

Security and fair play

4.9/5

All licensed U.S. sportsbooks pass our 25-step review process, which includes a check of the security and software quality. PointsBet has developed a cloud-based wagering platform through which it offers its clients sports, racing and iGaming products. In accordance with Northern Territory Racing Commission License conditions, PointsBet maintains a separate bank account to cover every dollar of member funds, protected by Secure Sockets Layer with 2,048-bit encryption.

PointsBet is one of nine sportsbooks licensed to operate online in New York. It’s owned by PointsBet Holdings Limited out of Melbourne, Australia, and is publicly traded on the Australian Stock Exchange. It operates in the United States, Australia, Canada and Ireland.


Owner

PointsBet Holdings Limited

Licenced by

Regulatory authorities in Australia, Ireland, Canada and various US states

PointsBet app

4.8/5

The first thing you’ll see when using the PointsBet Sportsbook App is “Featured” ongoing events that you can wager on. At the bottom is a tab called “Live” showing all current live events. Navigation between sports is easy, and the graphics are first-rate – an indication of how much time and money has been put into developing this app.

Another nice feature is a “Parlay” button which allows you to quickly start a parlay of whatever events can be wagered upon together. At the bottom right is “My Bets,” which again makes it super-easy to keep track of wagers while on the PointsBet app.

No boosts or promos are visible on the home screen of the app, which is about the only thing that makes it different from the PointsBet site. PointsBet NY customers still must drive to neighboring states to place some types of bets, including player award futures. It’s compatible with iOS and Android.

Conclusion

4.5/5

What PointsBet has going more than almost any other sportsbook is cutting edge graphic design and user experience. What we especially like is the similarity between the website and app. They also deserve credit for originating “Name a Bet,” which other books have copied.

PointsBet offers considerably fewer deposit methods to gamblers from New York than other books, but common options like online banking and PayPal are available. And in any case gamblers from New York are not permitted to deposit via credit card under New York State Wagering Commission rules.

The site and app are both superfast, which is of particular benefit when wagering on live events. The last thing you need on those bets is lag time. PointsBet has concentrated a lot on its markets in Pennsylvania and Illinois, where it’s been operating longer than in New York. This is not really a drawback, merely a statement of fact.

The New York offering from PointsBet offers a great betting experience for sports fans. Why not try it for yourself?

FAQs


What sports can you bet on in NY with PointsBet?

Football, baseball, basketball, golf and soccer are some of the top markets at PointsBet. There are 14 main sports categories, and hockey, tennis, MMA, motorsports are well covered also.

What promos and bonuses does PointsBet offer to bettors in New York?

PointsBet rewards give players points with everybet they make, which can be claimed as free bets. Other promos include a $25 refer a friend bonus, and a Diamond Club with personalized promos for members.

Is PointsBet fully legal and regulated in New York?

Yes. PointsBet is Licensed by the NY State Gaming Commission. They regulate the market to ensure brands like PointsBet operate secularly and fairly, and offer a good quality betting experience.

Is live betting via PointsBet available to NY bettors?

Yes, live betting has its own section on the site and is available for most events, including NFL, MLB, NBA, golf and tennis.