PointsBet Sportsbook Review: Bonus Code & Sign Up Offer Reviewed
With the NFL and College Football seasons underway, baseball approaching playoff time and the new NBA and NHL seasons just around the corner, you aren’t short of reasons to get a new sportsbook and capitalize on PointsBet’s brilliant sign up offer. If you use the latest promo code, you can get a hold of four $200 free bets with PointsBet's Second Chance offer.
Read on to find out more about PointsBet and its welcome bonus in this complete review.
PointsBet Sportsbook Review: Analyzing the 4x $200 Free Bet Bonus
Everybody deserves a second chance and with PointsBet's latest promotion, you can claim four $200 free bets if your first fixed odds cash bet of the day doesn't land.
PointsBet Sportsbook's offer is up there with the best on the market right now, offering new customers the chance to claim up to $800 in free bets via their Second Chance promo! Not bad for completing a few wagers.
Accessing the promotion is easy and using it is a cakewalk too. In short, PointsBet’s promotion means that if any of your first four fixed odds cash bets lose, your initial wager will be refunded in free bets, up to the value of $200.
One of the things you can say about online sportsbooks is that they all, for the most part, offer the same product, e.g. similar odds on standard bet types. But PointsBet set themselves apart from the rest of the field, offering not just an extremely competitive sign up offer, but also an intriguing original feature.
While PointsBet has traditional fixed odds betting on its website and app, it also offers a unique points-based bet type that you won’t find anywhere else in the United States called Points Betting.
PointsBetting is when PointsBet sets a line - let’s say, for example, Tom Brady passing yards in an NFL game. Your job is to decide whether he will throw over or under that total. If you think the Buccaneers’ quarterback is going to have a good game then you might play the over.
In that case, the more he goes over his passing yards prop, the more you win. But if Brady has an off day, then the more yards he is under the line means the more your loss will be multiplied. It's a high-risk, high-reward bet type.
So, if you wagered $1 on him to throw over 250 yards and he delivers 300 yards, then your return would be $50 (50 yards over the total multiplied by $1). Alternatively, if Brady only throws 230 yards, you would lose $20 (-20 yards multiplied by $1).
For the purposes of new customers, it is imperative to remember that PointsBet’s Second Chance promotions only applies to wagers placed on fixed odds bets, not Points Betting.
How to Claim the PointsBet Bonus
To get started with PointsBet, you will need to follow the steps below. There’s no need for a promo code, that will be filled in automatically by using one of our links. If you want to download their app, the instructions will be slightly different, although the same principles will apply:
- Click one of the links in this article to go to PointsBet.com
- Click the red ‘Sign Up’ button
- Enter your personal information as requested on-screen
Once your account is live and you’ve made your first deposit, you can get to work claiming your free bets. Your first fixed odds wager of the day qualifies, and if this wins then you will be paid out as normal (but lose out on the free bet token). If your qualifying wager loses, PointsBet will then give you the same amount back as a free bet token.
You can claim one free bet, worth up to a maximum of $200, on each of the first four days that your account is live if your first wager of that day is settled as a loss.
The welcome bonus from PointsBet allows you to take a bit more of a risk on your first wager of the day, safe in the knowledge that you are covered by their Second Chance offer.
Get four Second Chance bets up to $200 when you join PointsBet today
PointsBet Promo Code Key Terms & Conditions
Before you dive right in and start placing your first bets with the brand, there are some key terms and conditions that you need to know about this PointsBet welcome bonus. Outlined below are the most important points to remember:
- Your four risk-free bets start on the first day you place your qualifying wager (so if you join, deposit and wager on Monday, you will be given your risk-free bets on Monday, Tuesday, Wednesday and Thursday)
- You only get a free bet token when your qualifying wager is settled as lost. If that first bet wins, you will be paid out as normal, but you won’t get a free bet token.
- The minimum bet to qualify for the offer is $0.50 with users free to wager any amount up to a maximum of $200.
- Your free bet credits are valid for seven days after the qualifying wager has been settled.
- To claim the offer, you must be aged 21 or over and physically present in one of these states: Colorado, Indiana, Illinois, Iowa, Kansas, Michigan, New Jersey, New York, Pennsylvania, Virginia or West Virginia.
Is PointsBet a Good Sportsbook?
One of the reasons that we’re so happy to recommend PointsBet to our readers is that we know the Points Betting option, which sits alongside standard fixed odds wagering, will suit some bettors perfectly.
If you wager on the NBA or NFL, there are lots of different points bet types you can try. You can bet on totals (over/unders), dial down into player rushing or passing yards props, and wager on the touchdown line. There are a ton of options. You can bet on the spread for total runs in an MLB game, goals scored in an NHL contest, and so much more.
We should say that the fixed odds betting at PointsBet is of a high standard too. There are plenty of options for those keen to wager on the money line, totals (over/under), spreads, player and team props, quarter/half betting and futures.
PointsBet has features that include in-play betting, live streaming, cash out and Same Game Parlays, so you aren’t short of options to keep you entertained.
To top it offer, PointsBet offer a great rewards program with bettors earning points for every fixed-odds or Points Betting wager they make. Those points can be converted into free bets that can be redeemed across the sportsbook.
Although PointsBet isn’t as established as the likes of Caesars Sportsbook, BetMGM or DraftKings, you can still trust them to deliver a safe and secure user experience.
How to Use Your PointsBet Free Bet Credits
If you take advantage of the PointsBet welcome bonus, you'll have four different opportunities to place winning bets or, at least, get your qualifying wager matched with free bet credits if it loses.
The packed sporting schedule means that you will have no shortage of options when it comes to using your daily free bet. This week’s NFL and college football offerings are plentiful and include the following much-anticipated games:
NFL Week 2
- Los Angeles Chargers vs Kansas City Chiefs, Thursday, September 15, 8:15pm ET
- New England Patriots vs Pittsburgh Steelers, Sunday, September 18, 1pm ET
- Seattle Seahawks vs San Francisco 49ers, Sunday, September 18, 4.05pm ET
- Chicago Bears vs Green Bay Packers, Sunday, September 18, 8.20pm ET
- Minnesota Vikings vs Philadelphia Eagles, Monday, September 19, 8.30pm ET
College Football Week 3
- Oklahoma Sooners vs Nebraska Cornhuskers, Saturday, September 17, 12pm ET
- BYU Cougars vs Oregon Ducks, Saturday, September 17, 3.30pm ET
- Miami Hurricanes vs Texas A&M, Saturday, September 17, 9pm ET
Get four Second Chance bets up to $200 when you join PointsBet today
Player News
Seahawks exercised the fifth-year option on OT Charles Cross.
Cross now remains tied to the organization through the 2026 season. PFF gave the towering 24-year-old tackle exemplary marks in 2024, ranking him 10th of 140 qualified tackles, including 15th in pass protection and 16th in run blocking. The Seahawks extend the negotiating window on one of the key pieces of their offensive front.
Browns signed WR Diontae Johnson to a one-year contract.
The former Steeler wasn’t able to carve out a significant role with the Panthers, Ravens, or Texans in 2024 after seemingly breaking out in Pittsburgh. The Browns apparently saw enough during his visit with the team Monday to sign him to a one-year contract, the details of which have yet to be released. Expect Johnson to start opposite Cedric Tillman on the perimeter while Jerry Jeudy works the slot.
ESPN’s Field Yates reports Browns placed the unrestricted free agent tender on WR Elijah Moore.
Moore visited the Bills on Monday and then saw the Browns place the unrestricted free agent tender on him. Per Field Yates, this means that Moore will count against the compensatory free agent formula should he sign with another team. He’ll play on the tender if he returns to the Browns, which carries a value of $3.428 million for wide receivers in 2025.
Fox Sports’ Jordan Szhultz reports Packers signed LB/S Isaiah Simmons, formerly of the Giants.
The former first-round hybrid linebacker and safety has yet to live up to his No. 8 overall selection in the 2020 draft, but brings the unique ability to fill multiple positions over the middle of the field to a Packers defense that prefers to play a more inside-out style. There is upside in his athletic profile and versatility - perhaps another change of scenery will serve to unlock some of that potential.
Steelers signed WR Robert Woods, formerly of the Texans, to a one-year, $2 million contract.
The 33-year-old wide receiver has long since seen his days of 100-target seasons fall by the wayside, but he still adds a veteran presence to a relatively young wide receiver room in Pittsburgh. Woods played over 60% of the offensive snaps for the Texans just twice in 2024 after doing so 13 times in 2023, indicating a high likelihood he was brought in for his locker room presence and veteran savvy rather than as a consistent contributor to the offense. The low risk signing makes sense for both parties considering Woods’ age and the state of the Pittsburgh pass-catching corps.
KPRC2’s Aaron Wilson reports the Browns met with free agent WR Diontae Johnson.
Johnson had a forgettable 2024, to put it mildly. The former Steelers receiver saw himself traded to the Panthers last offseason only to later be traded to the Ravens, where his lack of playing time eventually led to his release. He then found his way to the wide receiver-needy Texans, who rostered him for just over three weeks. He was then claimed off waivers by the Ravens but was not eligible to play during the postseason. Now a free agent, Johnson, 28, has not enjoyed the market many expected him to see this time last year. He’s a productive receiver who has amassed 424 catches for 4,738 yards and 28 touchdowns in his six-year career, but it goes without saying that he’s likely in brand rebuilding mode as far as this offseason is concerned. It’s hard to imagine any team giving him a lucrative contract after last year’s disastrous campaign. That said, Johnson could still still provide help to plenty of needy teams and could prove to be a valuable contributor at a cost-efficient price. This is the first visit we’ve heard of for Johnson, who may meet with other teams before signing.