PointsBet NJ Online Sportsbook (2019 Review)

PointsBet NJ Online Sportsbook Review

This Australian-based company jumped into the NJ sports betting market on January 17, 2019, after partnering with Meadowlands Racetrack. PointsBet hired two American sports icons to represent the company as brand ambassadors - NFL All-pro cornerback, Darrelle Revis and NBA Hall of Famer, Allen Iverson. With these two famous faces and the site's innovative approach to sports betting, PointsBet has surely made a name for itself.

It’s biggest selling point is its innovative betting feature, known as ‘Pointsbetting.” Pointsbetting is a high-risk, high-reward type of betting that has seemingly added a new element of excitement into the sports betting industry.

PointsBet bonus offers

New players at PointsBet receive a FREE $20 bonus on sign-up

PointsBet is also offering an exclusive bonus of up to $1,000 in risk-free bets! This bonus offer is made of two free bets at $500 apiece. 

PointsBet Promotions

PointsBet offers a bevy of promotions which are all listed in “promos page” on the site. PointsBet promotions are all based on:

  • bet types
  • leagues
  • times of day

One popular promotion at PointBet currently is the lunchtime booster odds. This promotion is offered on weekdays from noon to 3 PM. This is for those players who like to place bets during lunch breaks. 

PointsBet Loyalty Program

PointsBet offers a “rewards” page on its site which allows players to track their points. The loyalty points program offers:

  • One point per $1 fixed odds wager
  • Five points per every $1 wagered on a parlay
  • One point for every $1 won or lost through Pointsbetting

Site features and user experience at PointsBet NJ

Platform and software

This Australia-based introduced a unique system to the world of NJ sports betting. The software provides a simple way for users to place bets while assisting players in grasping the complicated concept of "PointsBetting." This is a new type of betting for the Garden State, giving this sportsbook an innovative edge compared to its competition. PointsBetting is a new system in which the odds and payouts are dependent on the amount won or lost (down to the exact point). 

The site, along with its mobile app, is well organized and simple for users to navigate. PointsBet did a great job with the organization on the platform. The types of bets offered on the site are categorized into groups, allowing users to easily locate their favorite options. Games are sorted by the market or by future bets for the respective market. 

Players can view the "Featured Bet Types" section on the homepage which displays the popular upcoming games, while games coming soon are featured in the "Up Next" category. There is a section on the site called "The Revis Betting Academy,” which entails detailed explanations on the different types of betting options from Darrelle Revis, the former New York Jet player.

Additionally, PointsBet offers new betting types, unrelated to sports betting. For example, the site includes an entertainment section where users can find betting odds for events such as the Oscars. 

Mobile

The app is very easy to use and available on both iOS and Android devices. The apps are almost identical to the desktop version, allowing users to easily transition between the two. 

PointsBet offers a plethora of account management features on its sports betting app. This includes a view of pending bets and settled bets, a transaction history, a player rewards section, as well as a section for bonuses and promotions. 

Customer support

Customer support is available at any time via email and live chat. There is also a detailed FAQ section on the site.

If a player would like to cancel a bet, they can receive special help on this matter through contacting support on a special number for this service. 

Finally, let's not forget one of PointsBet's most impressive features, the Revis Betting Academy, which is basically a tutorial on points betting for those who are new to the system. 

Bet variety at PointsBet Sportsbook NJ

PointsBet NJ sportsbook offers many sports and betting options including all the traditional types of betting. Users can also find a new form of betting called PointsBetting, unique to PointsBet. 

Traditional betting options offered at PointsBet include:

  • Moneyline
  • Point spread
  • Total (over/under)
  • Futures
  • Props
  • Parlay
  • Straight
  • In-play

There is an impressive amount of in-play betting options available at this NJ online sportsbook. PointsBet offers a wide variety of bets for many of the major US sports leagues. 

One area that PointsBet especially thrives in is providing unique betting options. It offers a wide variety of props for nearly every game. The NJ online sports betting site also presents new odds boosters regularly.

Points Betting

What is Points Betting?

This new betting system, unique to PointsBet, is based on how much the user's bet wins or loses. Instead of going by fixed odds, the player would instead base their winnings or losses on the amount by which their bet wins or loses. This system is a high-risk, high-reward system and gives the players a much more exciting way to bet on sports. 

Cash Out

PointsBet offers a cash-out option, allowing players to claim their winnings by cashing out early and cutting their losses. This is possible before the outcome of the respective game has been determined. 

This cash-out option is common in NJ online sportsbooks, however, it is usually quite limited, and available only for single, fixed odds wagers. PointsBet makes this process simple for its users by listing in the Pending Bets menu, the bets which are available for cash out, along with the cash-out value. 

Sports offered at PointsBet Sportsbook NJ

PointsBet NJ online sports betting site offers a wide variety of sports including:

  • Football (NFL, NCAA, and AAF)
  • Basketball (NBA, NCAA)
  • Baseball
  • Soccer
  • Hockey
  • Boxing
  • Cycling
  • Tennis
  • Golf
  • MMA
  • Motorsports
  • Cricket
  • Darts
  • Aussie rules football
  • Rugby Union

PointsBet NJ welcome offers and promotions 

Promotions

New customers are eligible for a $20 sign up bonus - no deposit necessary!

After new players make their first deposit, PointsBet provides them with an additional bonus - two "risk-free" bets of up to $500!

PointsBet also offers a variety of daily promotions on different selections of sports - one of the best promotional schedules in the Garden State, in fact!

VIP Program

Another perk to PointsBet is their loyalty program, which is another "best" in New Jersey, rewarding a significant amount of cash back to its loyal players. Users are automatically entered into the loyalty program upon registering. Player points accumulate and can later be converted into bonus bets. 

Players earn 1 reward points for every $5 fixed odds bet. This results in players receiving about 4% of their losses back. The situation is better for parlays and points betting wagers, where 1 reward point is earned for every $1. 

Once 250 points have been accumulated, the player can then convert their points into bonus bets. 250 points will convert to a $2.50 bonus bet. Respectively, 100,000 points can be exchanged for a $1,000 bonus bet.

Deposit and withdrawal methods at PointsBet Sportsbook NJ

Deposits

Depositing funds into user account is possible via

  • ACH (e-check)
  • Credit/debit card
  • Online banking
  • PointsBet prepaid card

Withdrawals

One of the few downsides to PointsBet is its limitation in regards to withdrawal option. Players currently are only able to withdraw funds via ACH/eCheck or PointsBet Cards. 

Summary

After partnering with the Meadowlands Racetrack, the Australia-based company, PointsBet, made a fierce landing into the NJ sports betting market. Since their launch in January 2019, it has remained the only NJ sports betting site to offer a spread betting format. This NJ sportsbook has arguably the best promotional calendar on the market, along with enticing bonuses and rewards! PointsBet is surely giving its competition a run for their money. 

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Sacha

10 May 2019

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