Bonuses & Promotions
Odds vs. the Competition
Market Depth & Variety
Deposit & Cash Out
PointsBet NY Promo
|🏆 Best For||Market Depth|
|💍 Sign-Up Offer||Get 5 Second Chance Bet Credits Up to $50 Each.|
|📱 iOS App||4.7 Stars w/ 18K Ratings|
|📱 Android App||4.6 Stars w/ 4K Ratings|
|🏢 Parent Company||PointsBet Holdings Limited|
PointsBet NY Promo March 2023
PointsBet NY promo: new players will get 5 Second Chance Bet Credits Up to $50 Each! Get up to 5 $50 Bet Credits if your first Fixed-Odds cash bet of the day loses (1 per day for 5 days).
Any losses from these wagers are given to the player as bet credit. There is no opportunity to withdraw that money as it is bet credit. If the second chance bet wins, the user gets the winnings only.
Online sports betting is in full swing in New York, and PointsBet is an available sportsbook. New users can sign up directly with our promo links.
About PointsBet NY
PointsBet New York was one of nine sportsbooks selected by the New York State Gaming Commission. As of Jan. 24, 2022, it was officially available as an option to bet with. This marks the ninth state that PointsBet has launched in.
There’s a lot to look forward to with PointsBet New York. Standing out from the rest can be challenging for sportsbooks because they all essentially provide the same service, but PointsBet has figured out how to stand out by offering its customers something no other sportsbook has— a unique form of betting called “PointsBetting.” You can learn more about PointsBetting here.
If you are just looking for competitive odds on your favorite team or the big game, PointsBet has you covered there, too. Factor in its excellent promos, and PointsBet is a sportsbook everyone should try.
Pros and Cons of PointsBet NY
|Why We Like It||What Should Improve|
|➕ Very fast-loading website and app performance||➖ While rare, bettors may run into misgraded betting results|
|➕ Unique design choices, such as a "Next Up" event list||➖ Betting markets blend together, making it harder to find specific wagers|
|➕ Daily boosters for traditional parlays and single-game parlays||➖ "PointsBetting" features big payout potential, but losses are major|
|➕ "Name A Bet" feature can instantly enhance market options||➖ Sometimes "Name A Bet" response will not be in time before event|
To welcome new users, PointsBet offers the chance to Get 5 Second Chance Bet Credits Up to $50 Each. Get up to 5 $50 Bet Credits if your first Fixed-Odds cash bet of the day loses (1 per day for 5 days). Many competitors have a maximum welcome promo of $1,000 as a deposit bonus or a rebate (DraftKings, FanDuel, BetMGM). BetRivers is currently offering a deposit match of up to $500.
Since PointsBetting is what makes the site unique, the welcome promo features these special odds. Get more information on PointsBetting here.
The best aspect of the promos PointsBet offers is no rollover requirement on its welcome promo. Some sites will go as high as 25x, like the deposit match for DraftKings.
PointsBet runs many other promotions throughout the year. The site will often offer several markets with boosted odds. The refer-a-friend bonus is one of the more generous ones you will find ($100 each in bet credits).
Each day, users on PointsBet can use a parlay booster on a traditional parlay and a Single Game Parlay. The only requirement is that the parlay must have at least three legs. There are no limits to these boosters, meaning any bet is accepted (up to the wagering limits within the state), and there is no max payout. It’s a great feature for frequent parlay betters to collect some extra winnings if their wager hits.
Promotions for Current Users
There are many promotions that bettors may consider after completing their Second Chance bet credits offer. Many of these bonuses will require opting in before taking advantage of them. Additional terms and conditions may apply — always read them before placing bets.
Does PointsBet NY Have the Best Odds?
PointsBet New York offers competitive odds and a wide selection of sports. It also features its own unique form of wagering called Pointsbetting.
PointsBet is among the leading sportsbooks in the US along with BetMGM, DraftKings, FanDuel, Caesars Sportsbook, BetRivers, and Unibet. Any of these sportsbooks can offer the best odds on a given game. That’s why it is vital to compare odds at multiple books to find the best odds for your bet.
How Do Point Spreads and Totals Work?
Spread, moneyline, and total wagers are the bread and butter of sports betting. Let’s examine the betting line for Game 2 of the 76ers-Heat series in the NBA Playoffs to see how odds work.
|Team||PointsBet NY Spread||PointsBet NY Total|
|76ers||+7.5 (-110)||O 209 (-110)|
|Heat||-7.5 (-110)||U 209 (-110)|
The 76ers were a 7.5-point road underdog at standard -110 odds. Your aim is to get the largest number for a bet on the underdog. This is when you shop around the market for a better value. Alas, we could not find one. DraftKings was dealing +7.5 on the 76ers but at -115 odds.
Sportsbooks charge a fee known as the vig to handle your bet. At standard odds of -110, where you bet $11 to win $10, the vig is 4.36%. The vig here at DraftKings (-115) is 4.71%. Obviously, you’d make this wager at PointsBet and pay less in the process.
The total is the combined number of points scored by both teams. Totals are also referred to as “over/under” and ‘under’ bettors need to find the highest number for their bet. Conversely, ‘over’ players will seek the lowest number.
A moneyline bet is simply a wager on the outright winner of a game. Let’s discuss those now.
Does PointsBet Have Good Moneyline Odds?
Moneyline bets don’t involve the additional points added or subtracted on the spread. Your chosen team just needs to win the game. Take a look at these moneyline odds from PointsBet, DraftKings, and FanDuel for the Yankees-Blue Jays game on May 2.
|Team||PointsBet NY Moneyline Odds||DraftKings Moneyline Odds||FanDuel Moneyline Odds|
The chart further illustrates the importance of comparing odds. There’s a lot of variance in the market here. FanDuel offers the best odds on the Yankees at -108; DraftKings has the best price on the Blue Jays at +100. Moneyline bets are common in baseball. Sportsbooks will entice bettors with the ML odds, but they also have an eye on theoretical hold. This is the expected profit from a betting market. PointsBet has a theoretical hold of 4.50% for this bet. DraftKings (4.35%) and FanDuel (3.70%) checked in lower for this market. It’s worth reiterating here that having multiple accounts at different sportsbooks can be a catalyst for long-term success.
Shopping Around for the Best Futures Odds
Futures bets revolve around the future outcome of a game or event. Let’s use the World Series as an example. Futures odds are available throughout the season on all MLB teams to win the World Series.
In early May, PointsBet (+450), FanDuel (+450), and DraftKings (+475) all had the L.A. Dodgers as the betting favorite to win the 2022 World Series. But what if you wanted to bet on the Cubs? There were major discrepancies as PointsBet (+10000), FanDuel (+13000), and DraftKings (+16000) all had varying odds. Futures odds can fluctuate much more than spread and total bets. Always compare these odds at multiple sportsbooks before making a bet.
If you know precisely which market(s) you want to bet on, then market depth and variety will not mean much to you, but if you like to dabble in a little bit of everything then there is an excellent chance you will enjoy PointsBet.
PointsBet has all the major North American college and pro sports covered, including football, basketball, baseball, and soccer. In total, PointsBet offers odds on 17 sports from the popular ones like the NFL and NBA to lesser-known ones like darts, cycling, and table tennis.
Fans of international sports like rugby union, rugby league, cricket, etc., can find odds on those events, too.
As for depth, PointsBet claims to have more markets than any other sportsbook on NFL and NBA games. Fans of other sports like MLB, UFC, golf, boxing, and more will be happy with the depth of markets provided in those sports.
On the off-chance PointsBet does not carry a market you are looking for, you can request they do via their name-a-bet option.
You will have a hard time finding a sportsbook with more market depth than PointsBet.
If you are going to bet money, you first have to deposit some into your account. To that end, what options are available will depend on which state you are in. The following are among the options you will find:
- In cash at the partner casino
- Pay Near Me
- Online banking
- Credit/Debit card
- PointsBet Mastercard
Like most online sportsbooks, there are fewer options for making withdrawals and cashing out than for depositing. Again, they will vary by state, but the following are among the options you will find:
- Cash at the partner casino
- Online banking
On the one hand, you could say that they offer a sufficient number of options for both since most people will find at least one of each adequate for their needs. But if you are looking for additional alternative options, you will be a little disappointed with PointsBet.
There is a mobile-friendly website or a mobile app for PointsBet customers looking to bet on the go. Customers can access the website through their mobile device’s web browser. Users can find the app at the Apple store (for iOS users) or via a link at the bottom of the home page (for Android users).
Betting on the app is straightforward and easy. Odds for games can be found in a single frame, making them easy to find. On other apps, you must toggle through different screens just to see the point spread, over/under, and moneyline, which can be confusing and annoying.
You will want to double-check your bet before locking it in. With how the home and away teams are listed on the betting slip, reading the slip can be confusing. Once you double-check your slip a few times, you will grow accustomed to how PointsBet works and learn how to adjust accordingly.
Overall, the PointsBet app is one of the most straightforward and easy-to-understand apps in the business. It rarely crashes and will work perfectly fine with an adequate internet connection. While other apps may have a more convenient bet slip, PointsBet has the better app more often than not.
It is hard to say whether PointsBet is the best sportsbook in the business, but it is safe to say it is one of the few that covers all the bases. It has a great mobile app, offers an excellent welcome bonus, has competitive odds, and has more than enough markets for bettors to choose from.
If a market you want is not offered, you can always request it via PointsBet’s “Name A Bet” option. If it’s something that one of their oddsmakers can provide to users, it’ll be available to you and other users on the platform!
There are a few negatives to point out. When attempting to place longshot parlays, there are times when these won’t be accepted without reason. Another is a lack of online banking options when compared to the competition. However, most customers will be fine with the options offered. Online banking through Trustly, PayPal, or debit and credit cards are all available.
We would also recommend double-checking bet settlements. One grade for a fixed-odds bet and “PointsBetting” wager was incorrect over months of submitting bets. These were actually winning results that were graded as losses. That’s never acceptable on any sports betting platform, but it was a rare occurrence and customer service did reverse these results quickly.
If you are only going to open an account at one sportsbook, PointsBet is ultimately a good choice if it is available in your state. That is now the case in the Empire State.
What Is PointsBetting?
“PointsBetting” is a unique wagering feature that is exclusive to PointsBet (as one would expect from the title). These are progressive bets that feature a higher risk for a better payout. There is a maximum win and loss level, which is high in either direction. Sometimes, the payout will be extravagant, minimal, or a significant loss.
Let’s do an example. A featured wager could be an NFL team getting over 25 points. If the team scores 35 points, that would mean the bettor would get 10 times their original bet. That means a $10 bet would return $100.
That’s a pretty nice return, but there are a few things to consider. First, placing a $10 wager would actually require a higher balance withheld from the sportsbook. In fact, $125 would be taken out of the account. There’s also a potential maximum loss, which in this example would be 25 times the amount wagered. If the team bet on gets shut out, that’s a $250 loss from a $10 wager.
When going over a team total, the winnings are capped at 30 times. So if the team in our example got to 55 points, there would be no more winnings. Win and loss caps adjust based on the proposition that is being bet on, and they may be manually adjustable.
“PointsBetting” can be fun, and there are generally many types of bets to consider. But bettors need to know how it works before jumping in. Meeting the highest winning cap is usually rare, and it could be very unsettling if the bet goes south.
Is PointsBet NY Legit?
Yes, it is, and there are plenty of reasons why.
In every state it operates, it is licensed to do so and is subject to oversight by that state’s gaming board. It currently falls under the jurisdiction of the New York State Gaming Commission. The NYSGC has the bettors’ best interests in mind in terms of responsible gaming and betting security.
PointsBet NY FAQs
Yes, sports betting is legal in the state of New York, both on mobile sportsbook apps and at retail locations. Residents in the state can download the PointsBet sports betting app or access the website and sign-up now. Actual betting activity is limited within the state or anywhere else that PointsBet is legal. At this time, there is no retail casino affiliated with PointsBet Sportsbook.
To place a bet in New York, a person must be at least 21 years old whether they are placing a bet online or at a retail location. Some tribal casinos in NY allow lower ages to enter. But sports betting activity is limited to people that are 21 and older.
Yes, PointsBet NY allows wagers on the Super Bowl in New York. As one of the biggest sporting events, nearly all sportsbooks have year-round odds for the Super Bowl. Immediately after the champion is crowned in February, oddsmakers release futures for next season’s Super Bowl. As the event draws nearer, large amounts of betting markets become available, including oddities not available for any other sport.
Yes, PointsBet NY has been leagl in the state since January 24, 2022. It was the sixth sportsbook to make an appearance in the Empire State. While not as widely available when compared to a platform like DraftKings Sportsbook, it still rates fairly high on app stores with a 4.6-star rating average. It’s also one of our top recommended sports betting mobile apps.
Yes, PointsBet NY features live betting in New York. This is similar in other states they have launched in. Live betting is available for nearly all events within major North American sports leagues. This includes the NFL, NBA, NHL, and MLB. Many other sports are also available, including popular college events, international soccer, tennis, and golf.
The PointsBet NY promo is for new users to Get 5 Second Chance Bet Credits Up to $50 Each. Get up to 5 $50 Bet Credits if your first Fixed-Odds cash bet of the day loses (1 per day for 5 days). Terms and conditions apply.