Where is PointsBet Legal?
PointsBet is a popular Australian-based sportsbook that has made a big splash in the United States.
PointsBet is currently available in New Jersey, Iowa, Indiana, and Illinois and is expected to be a part of the legal online gambling scene in most states (like Colorado and Tennessee) as they legalize online sports betting in the near future.
Many states have legalized online sportsbooks since the Supreme Court lifted a longstanding ban on betting outside of Nevada, with New Jersey leading the way. PointsBet launched in New Jersey in 2019 and is working to expand across the nation.
PointsBet is a unique sportsbook offering traditional betting options as well as their exclusive Points Betting system. Points Betting is a high risk, high reward version of betting that rewards you based on how accurate your bet is. If your bet wins by one point, you win 1X your bet amount. But if the bet wins by two points, you win 2X your amount. If you win by 10 points, you win 10X the amount. But it works in reverse as well. If your bet loses by two points, you lose 2X your wager amount, etc. The platform allows you to cap how much you are willing to risk but only to a certain extent.
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PointsBet New Jersey
Setting up a PointsBet account in New Jersey is simple. Just enter some basic personal information and complete your sign-up. The site uses geolocation and identity verification technology to ensure you are located inside the state and are at least 21 years of age.
The New Jersey platform offers new users two risk-free bets up to $500 each, one that you can use for traditional bets and one that you can only use to try out their Points Betting system. If you lose your bet, the site will refund your money in credits you can use to place another bet.
If you live in Iowa, you will need to visit the Catfish Bend Casino in person to complete the registration process because the state requires live registration confirmation. You can also deposit and withdraw funds at the casino. Once you have completed the registration process, you will be able to place bets on your iOS or Android device from anywhere in the state.
Iowa players can access the same risk-free bet online promotion as players in New Jersey. In fact, everything works essentially the same except for the registration process.
While the timing of PointsBet Indiana going live was a bit unlucky (March 2020), the Australian-based sportsbook is nonetheless one of the leaders in the Hoosier state. Unlike other states, you can sign up for your mobile app from anywhere in the state of Indiana making getting started and betting with PointsBets one of the easiest things to do in the market.
Thanks to a partnership with Hawthorne Race Course, PointsBet Indiana went live in early September 2020. While Illinois continues to waffle with their in-person vs. mobile registration law, Illinois is currently allowing players to sign up remotely using their mobile device.
Again, Illinois continues to go back and forth on Executive Order 2020-41, which allows for remote registration, but luckily for Illinois bettors, you do not have to currently sign up in-person.