PointsBet Sportsbook Review and Promo Code

pointsbet sportsbook
Bonus:$250 Deposit Bonus

PointsBet Sportsbook is among the first sportsbooks to hit the Illinois market, joining BetRivers, DraftKings, FanDuel and William Hill sportsbooks.

When it comes to PointsBet, is it better than the other sportsbooks in the state? Does it make sense for you to do your sports wagering there? When you sign up for PointsBet, what do you get in return?

We’ll answer all those questions and plenty more right here as we break down everything that PointsBet Sportsbook brings to Illinois.

Why Choose PointsBet Sportsbook
  • Legal sports betting in Illinois.
  • Apple and Android mobile apps for easy betting.
  • Generous deposit bonus of up to $250.
  • Plenty of additional promotions, including "PointsBetting."
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PointsBet Sportsbook bonus

When you join PointsBet Sportsbook, you will get a great offer as a new player.

At the time of sign-up, use the promo code BONUSNOW. When you make a deposit, you will receive a match in free bets up to $250.

Here’s how it works:

  • Deposit $50, bet with $150.
  • Deposit $150, bet with $300.
  • Deposit $250, bet with $500.

What makes this offer such a great opportunity is you’re winning before you even place your first bet. Simply depositing at least $50 will get you $100 in free bets.

There are a few things to be aware of to take full advantage of the bonus offer.

First, you must use promo code BONUSNOW. Second, it is only your first deposit that allows you to get rewarded, so if you want to get the full $250 in free bets you’ll need to make an initial $250 deposit to do so. Lastly, your free bets will expire 14 days, so make sure you use them or you will lose them.

Other than that, you’re all set.

PointsBet promo code October 2020

Online Sportsbook PointsBet Sportsbook
Promo CodeUp to $250
Deposit BonusBONUSNOW
Online Since2020 (in Illinois)
Last UpdatedOctober 2020

Sign up for an account at PointsBet Illinois

When you create your account at PointsBet Illinois, you’ll need to supply a few more details than you typically would when, for example, signing up for a social media site. It still is a relatively quick, pain-free process. Here’s a list of what you’ll need to supply:

  • Username
  • Email
  • Password
  • Date of birth
  • Address
  • Phone number
  • Social Security number

Whether you’re using a desktop computer, laptop, tablet or your phone, you also will need to turn on your geolocation. Since sports wagering is only available in select states, the sites need to be able to verify that you are in Illinois.

It is also important to remember this when you’re traveling. Just because you signed up for a sports betting account in Illinois, it doesn’t mean you can bet when you’re outside state lines. It is best to place all your bets before you travel to a state that doesn’t have legal sports betting.

As of right now, the in-person registration mandate is on pause in Illinois through Nov. 14. So, you don’t have to visit an Illinois casino to register for a sports betting account. PointsBet’s land-based partner is Hawthorne Race Course, which is less than 10 miles from downtown Chicago in Cicero. You can also visit one of the 10 off-track betting (OTB) location to register, too. So, even if you aren’t able to sign up online, chances are there’s an in-person location near you.

Other PointsBet promotions and bonus offers

In addition to the deposit bonus offer, PointsBet has other specials and promos for sports bettors to take advantage of as well. Here are some examples:

  • Parlay booster: Personalize your parlays of three legs or more. Any market is eligible, and it allows you to earn more money.
  • Name a bet: Tweet @PointsBetUSA with #nameabet for a market that is not currently on the site, and PointsBet will price it for you.
  • Daily odds boosts: Check out the app daily for boosted odds throughout the sports betting world.

PointsBets also allows you to earn rewards points with every bet you make on the site. You earn one point for every $5 fixed odds bet, every $1 parlay bet and for every $1 won or lost with “PointsBetting.”

What is PointsBetting?

“PointsBetting” takes normal bets, such as the spread, over/under or a prop bet, and makes it so that your potential winnings or losses are not fixed, but can vary up until the end of the game.

The basic premise of “PointsBetting” is that the more right or wrong you are, the more you are rewarded or penalized. Let’s use an example to make things more clear.

Let’s say you bet $1 on the Chicago Bears to win as 7-point favorites. If the Bears win by 14 points, they would cover the spread by 7 points. You would earn a profit of $7, or seven times your original $1 bet. On the same bet, if the Bears win by just 1 point, you would lose $6 because they failed to cover the spread by 6 points.

Each market for betting has a unique multiplier cap due to the volatility of the specific market. In some markets the cap for wins and losses can be as high as 250x, while others are as low as 10x.

Due to the volatility of potential losses when it comes to PointsBetting, part of your balance will be withheld while you have PointsBetting wagers in place. The sportsbook will always show the “balance withheld,” “max win level” and “max loss level” of a bet before you finalize your “PointsBetting” wager.

You also have the option of choosing customized caps on your “PointsBetting” wagers. These limits prevents losses from getting too large, but also limits your winnings as well.

Is PointsBet Sportsbook legal in Illinois?

Yes, Illinois Gov. JB Pritzker signed the Sports Wagering Act into law in June 2019, permitting both retail and online sports betting in the state.

The first legal sports bet in Illinois was made in March 2020 at Rivers Casino in Des Plaines. Shortly thereafter, online sportsbooks launched as well, with BetRivers becoming the first one to open for betting.

Pritzker suspended in-person registration during the COVID-19 pandemic, reversed his stance and then reinstated the suspension on Aug. 21. The Illinois governor extended the suspension further, so sports bettors can register online until Nov. 14.

PointsBet online sportsbook features

PointsBet is fairly new to the sports betting game, having begun operations in 2017 in Australia. Illinois is the fourth state in the US with a PointsBet Sportsbook, joining New Jersey, Iowa and Indiana. It will launch soon in Colorado and Michigan, as well.
Despite being new to the market, PointsBet has a lot to offer its customers. Here’s a look at some of the best benefits:

  • PointsBetting: One of the most distinctive aspects of PointsBet is called “PointsBetting.” It allows bettors to make wagers in which their wins or losses vary based on how right or wrong they are about specific bets.
  • Promotions: Not only does PointsBet have daily odds boosts, but it also runs various promotions throughout the year based on what sports events are taking place.
  • Parlay booster: PointsBet allows players to boost parlays of their choosing as long as they are three legs or more. That means more money when you win.
  • Fast, easy navigation: PointsBet prides itself on having one of the fastest sportsbooks around. That’s a big deal when you’re trying to make a bet before a game starts or before odds change. The site and app are also easy to use and navigate.
  • Customer service: If you encounter any problems, you can email or have a live chat with a customer service rep. You also can reach out to PointsBet on its social media channels for help or information.

PointsBet sports betting app

If you sign up online, you likely will want to download the PointsBet Sportsbook app for use on your iPhone or iPad or Android device. The free PointsBet app is available for iOS and Android devices; you can download it by following the instructions at the PointBets home page.

Once you’ve downloaded the app, sign in with your account information and you will be all set. Then take a little time to familiarize yourself with the app, so you’ll know where everything is and how to place bets and make deposits when needed.

The best part about having the PointsBet app on your phone is that you’ll always have a live sportsbook with you. Meaning you can check everything from lines to game times and place bets at your convenience.

Bet types

One of the best parts about sports betting is the number of options you have when it comes to betting. Here’s a look at the most popular types of bets available at PointsBet in Illinois.

  • Moneyline: Simply picking the winner of any given contest. Favorites are displayed with negative odds, while underdogs are displayed with positive odds.
  • Point spread: Sportsbooks put spreads on games, which is either how much the favorite must win by or how close the underdog needs to keep the game in order for you to win your bet. If the side you pick covers the spread, you win.
  • Over/unders: Usually a bet on whether the point total of a game will be higher or lower than the number supplied by the sportsbook. Over/unders also can be used for player stat totals.
  • Props: Prop bets are side bets on whether something will occur during a game, such as a player having a triple double in an NBA game or hit a home run during an MLB game, for example.
  • Live betting: Just because a game is underway doesn’t mean you can no longer bet on it. Live betting is just what it sounds like, allowing you to make wagers on contests that are ongoing. The odds will fluctuate through the game.
  • Futures: Here you are betting on what will happen in the future. This usually applies to picking a championship winner or what players will win individuals awards like the MVP or Cy Young.
  • Parlays: With parlays you’re making multiple bets into one single bet. In order for you to win, all the individual bets must be correct. If just one fails, you lose. The more legs involved, the more you will win if you are right.
  • Round robins: Similar to parlays, round robins allow for multiple combinations on one bet. Essentially, round robins allow you to miss one of your predictions. They are easier to get right, but the potential winnings are less than parlays.
  • Teasers: Teasers are most common with football and basketball games. Bettors can move the spread up or down on a number of games. Based on the direction you move the line, the odds will be adjusted accordingly.
  • PointsBetting: Unique to PointsBet, PointsBetting allows bettors to profit based on how correct their bets are. At the same time, you also can lose more money depending on how incorrect your bet was.

Sports you can bet on at PointsBet in Illinois

PointsBets accepts wagers on all the major American pro and college sports, as well as international soccer, auto racing and more fringe sports like cricket, darts and rugby. Here is the complete list:

  • Aussie rules football
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Football
  • Golf
  • Hockey
  • MMA
  • Motor sports
  • Rugby
  • Soccer
  • Table tennis
  • Tennis

Illinois sports team betting guide

Betting on your favorite local Illinois teams is one of the best parts of having legal sports betting in the state. Not only do you likely know more about the Blackhawks, Cubs and White Sox, but the only thing better than watching your favorite team win is making money while doing it. With that in mind, here’s a look at all the Illinois teams you’ll be able to bet on at PointsBet.

  • Chicago Cubs
    • Bet on Cubs games as well as futures, props and live betting for all of MLB.
  • Chicago White Sox
    • Bet on White Sox games as well as futures, props and live betting for all of MLB.
  • Chicago Bulls
    • Bet on Bulls games as well as futures, props and live betting for all of the NBA.
  • Chicago Bears
    • Bet on Bears games as well as futures, props and live betting for all of the NFL.
  • Chicago Blackhawks
    • Bet on Blackhawks games as well as futures, props and live betting for all of the NHL.
  • Chicago Sky
    • Bet on Sky games as well as futures, props and live betting for all of the WNBA.
  • Chicago Fire
    • Bet on Fire games as well as futures, props and live betting for all of MLS.

Unfortunately, betting on in-state college teams is not allowed, but you can bet on college sports in general.

And remember, just because sports don’t take place in the state doesn’t mean you can’t bet on them. There are also individual sports such as auto racing, UFC and golf that are available to wager on as well. When it comes to options, PointsBet has you covered.

PointsBet Illinois futures market

Futures wagering can be perfect if you like to play the long game or simply if you have a good feeling about how a team or season as a whole is going to play out. There’s plenty of options when it comes to the futures market and our local Illinois professional teams. Here’s what you can choose from with PointsBet:

  • Chicago Cubs futures betting: Bet on the Cubs to win the World Series, National League pennant or NL Central. Next season you’ll be able to bet on regular season win totals, as well.
  • Chicago White Sox futures betting: Bet on the White Sox to win the World Series, American League pennant or AL Central. Next season you’ll be able to bet on regular season win totals, as well.
  • Chicago Bulls futures betting: Bet on the Bulls to win the NBA Finals, Eastern Conference crown or Central Division title next season. Bet on regular season win totals and future NBA draft picks, too.
  • Chicago Sky futures betting: Bet on the Sky to win the WNBA title this season.
  • Chicago Bears futures betting: Bet on the Bears to win the Super Bowl, NFC or NFC North Division title. Also wager on regular season win totals, who will win various awards like MVP and Coach of the Year, and which player will lead the league in various statistical categories.
  • Chicago Blackhawks futures betting: Bet on the Blackhawks to win next year’s Stanley Cup, the Western Conference or Central Division title. Wager on regular season win and point totals, as well.
  • Chicago Fire futures betting: PointsBet does not currently have futures wagering available for MLS.

Banking options at PointsBet sports betting

PointsBet currently offers the following methods to deposit money into your account, with a $10 minimum required:

  • Bank ACH/e-check
  • Visa or Mastercard credit card
  • Bank transfer
  • In person at Hawthorne Race Course or any of 10 OTB locations

PointsBet customer support

PointsBet online chat is available 24 hours a day. You also have the option of contacting customer support via email. Reaching out via PointsBet’s Twitter account is also an option, but the first two methods are the best if you have an immediate problem.

Responsible gambling at PointsBet IL

PointsBet is a sports betting company, but that doesn’t mean it doesn’t care about safe and responsible gambling. That is clear with this statement on its website:

“For most people, gambling is an exciting and fun recreational pursuit. For others, it can become a problem with devastating consequences for them, their families, and friends. At PointsBet, we want you to enjoy your gambling experience. As part of that experience, we want to help you to stay in control of your gambling, and not allow your gambling to control you.”

From there it has links to help you figure out if you have a gambling problem and what to do if that is the case, including how to close your account. You also can set limits on your account to restrict how much or how often you are betting.

Where is the PointsBet retail sportsbook?

The PointsBet retail sportsbook is at Hawthorne Race Course in the Chicago suburb of Cicero.

  • Address: 3501 S. Laramie Ave., Cicero, IL 60804
  • Phone: 708-780-3700
  • Website: www.hawthorneracecourse.com

You will be able to place wagers at all of Hawthorne’s OTB locations, as well.

Is PointsBet the best sportsbook in Illinois?

Obviously, when it comes to judging the best sportsbook in Illinois, there’s no definitive right answer. Not only are we still in the early stages of sports betting in the state, but PointsBet is in the early stages of its existence as a sports betting company.

One thing to keep a close eye on at PointsBet is better odds and top-notch promotions. When it comes to site navigation and speed, PointsBet is at the top, if not the best in class.

Based on its exclusive “PointsBetting” offering as well as its rapid growth plan in the US, which includes building a home base in Colorado, it stands to reason that it likely will be one of the top sportsbooks in Illinois for years to come.

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