PointsBet has successfully expanded into the United States over the past couple of years after dominating the Australian sports betting scene. PointsBet is already operational in eight states and New York will become the ninth after receiving a license from the New York Gaming Commission on November 8, 2021. The official New York launch is expected to happen late in 2021 or early 2022.
Because this new sports betting site isn’t live yet, we can’t be 100% certain of what to expect. However, we have looked at PointsBet’s operations in other states and this gives us a good idea of what to expect from PointsBet NY. Keep reading to find out more.
PointsBet is one of the fastest-growing bookmakers on the planet. The company was founded in 2015 and went live in Australia in 2017. Since then, PointsBet has conquered the Australian sports betting market and has moved into other regions including the United States where it continues to blossom. One thing that attracts sports bettors to PointsBet is PointsBetting which is a high-risk high-reward type of wager. This guide will explain PointsBetting further below.
PointsBet Sportsbook Bonuses
As mentioned, we aren’t 100% sure what offers PointsBet NY will have for sports bettors in New York. However, we have looked at the bonuses in other states and it’s safe to assume that the welcome bonus will consist of a pair of risk-free bets. One of the risk-free bets can be used on a fixed-odds event while the other will be a risk-free PointsBetting wager.
To claim the PointsBet welcome bonus, you will first need to open a new account and deposit funds. You can then place your first fixed-odds wager. If that bet is a winner, then that part of the bonus is complete and you simply walk away with your profits. If your first fixed-odds wager loses, then PointsBet will refund the stake amount up to $500 as a free bet. It will be credited to your account within 24 hours. You can use your free bet on any live or pre-match fixed-odds wager. The free bet stake amount will not be returned if your free bet wins. In other words, if you place a $500 free bet on a wager with even odds, you would receive a total payout of $500 if the wager wins.
The second portion of this generous welcome bonus is a risk-free PointsBetting wager. Like the fixed-odds portion, the bonus is complete if your first PointsBetting wager wins. If it loses, then you will get your stake back up to $1,500. You can then use the free bet on any other PointsBetting wager. The free bet stake amount will not be included in the returns if the free PointsBetting wager wins. Be sure to read the T&Cs that apply to this bonus offer.
PointsBet has a nice selection of regular promotions through which New York sports bettors can earn perks like free bets and bonus cash. One of the most unique ongoing promotions is the PointsBet Karma Kommittee. If you lose a wager due to some unforeseen circumstance such as terrible officiating, a season-ending injury, or any other bad beat, you can tell PointsBet about it by tweeting them at #KarmaKommittee. The Karma Kommittee might feel your pain and soothe it by giving you a free bet.
Other popular PointsBet promotions include Same Game Multiple Bets, Parlay Booster, and Name A Bet in which you propose a wager. New Yorkers who like taking advantage of free bets will be happy to know that there are no wagering requirements for PointsBet free bets. The bookie also has one of the best Refer-A-Friend programs around.
While PointsBet doesn’t support a huge variety of payment options, they have a safe and convenient option for everyone. Before you select a method, we suggest that you choose one that provides deposits and withdrawals. New Yorkers will be able to deposit using:
- Online Banking
- Major Credit/Debit Card
PointsBet NY won’t charge you any fees for depositing or withdrawing, but your payment processor likely will. Speaking of withdrawals, you can cash out your winnings using:
- Online Banking
- Major Credit/Debit Card
Withdrawal time will vary depending on which withdrawal method you use. While withdrawals are typically processed within 24 hours, they can take up to 48 hours. This means that PayPal withdrawals reach you within 48 hours while online banking, ACH/eCheck, and card withdrawals can take 2-5 days.
Security & Licenses
Sports bettors in New York can trust that PointsBet will treat them right. Being licensed and regulated in nine states including the Empire State means that PointsBet has clearly demonstrated that the bookmaker operates to the highest standards.
Sports Betting at PointsBet
PointsBet offers fair live and pre-match odds on a vast array of sports. However, no New York bookmaker including PointsBet is allowed to offer odds on eSports or other specials like entertainment and politics. Still, bettors will have thousands of live and pre-match wagering opportunities to choose from every day. The most popular sports at PointsBet include:
|Rugby League||Rugby Union||Soccer||Table Tennis|
Of course, New York sports betting enthusiasts will have all the betting options you could possibly think of. If you don’t see the wager you want to make, simply make use of the Name A Bet feature to propose a wager.
Perhaps the most unique PointsBet feature is PointsBetting. This involves placing a wager on a spread or total. The payout on winning bets is based on how much you beat the number by. Beating the spread by multiple points could net you a very big payday. However, there is a significant risk with this type of bet as losing by a wide margin will cost you dearly. Be sure to check out some of the PointsBetting tutorials before you engage in this type of wagering.
New Yorkers should be more than satisfied with the level of support available. If you have any questions, you can use the handy live chat feature to immediately contact a support representative 24/7. You can also send an email or refer to the extensive FAQ section.
PointsBet NY will surely attract a lot of sports bettors in the Empire State. Features like partial cash out, Name A Bet, and live streaming will place PointsBet among the best bookies in New York. The welcome bonus, regular promotions, and PointsBetting only add to the allure and excitement. Sign up, claim your welcome bonus, and start enjoying a superior wagering adventure as soon as PointsBet launches in New York.