PointsBet officially launched in New Jersey in 2018, quickly taking over the NJ mobile sports betting market. They offer traditional fixed odds alongside their one-of-a-kind sports betting format, titled, points betting – plus so much more.
With points betting, wins and losses aren’t fixed, instead, the outcome will depend on how correct your bet is, down to every single point/score/place/etc. Not only can you bet on their website, but PointsBet mobile’s main portal is through their iOS and Android PointsBet apps.
To find the PointsBet app for iOS, simply visit the App Store and search for it. To find the PointsBet app for Android, you will need to follow the directions on the website as shown below.
How to Bet with the PointsBet App
You have to be 21 or older in order to download the PointsBet app and create an account. Upon making an account, you will also need to accept all of the rules, privacy policies, and terms and conditions.
When you sign up for a new account, you will need to provide your real name and surname, telephone number, and address. In addition to this, you will probably also need to provide your social security number and valid bank details in order to place your first bet/claim your winnings. Don’t forget to use our PointsBet promo code before submitting your details for extra bonuses.
During sign-up, you will also have to give the New Jersey Division of Gaming Enforcement (NJDGE) permission to track your location – this is due to the fact that you have to be physically in the state of New Jersey in order to use this sports betting app. Due to responsible gambling rules, you also can’t be a prohibited member or be on the self-exclusion database.
Take note that the credit card you use to make your first deposit has to be in your name. If you use a credit card belonging to someone else (even with their permission), you may not be permitted to play.
When you want to make your first withdrawal, you will most likely need to submit your Know Your Customer (KYC) documentation – this is standard procedure for most online betting companies by law. KYC documents are a proof of identity document (like your ID or passport) and proof of address (like a financial bank statement or utility bill) that is no more than 3 months old.
|To sign-up:||To deposit/withdraw:|
|Must be 21 or older||Have valid identification (ID/passport)|
|Must be physically in the state of New Jersey||Use a credit card registered in your name|
|Accept all of the T&C’s||Have proof of address (bank statement/utility bill) less than 3 months old|
|Not be on the self-exclusion database||Provide accurate banking details|
What is Points Betting?
When it comes to points betting, you’ll find it is a rather specialized way of betting on sports. The unique way of betting found with Points Betting is that each sports bet is placed on a number of variables, as opposed to betting on fixed odds.
What this comprises is a way to place a bet, knowing that the wins and losses incurred during that particular bet will only be concluded once the event or match has been completely concluded as well. This is indeed a new way to conduct your sports betting!
When all is said and done, this is quite simply how Points Betting tends to work:
- Should a bet win by one point, the outcome will be 1x the initial bet placed.
- When a bet wins by 2 points, then the win is 2x the bet amount.
- If the bet win is by 10 points, the win will then be 10x the initial bet.
The same works for when the bets are losses instead, for instance:
- Lose by 1 point, and the loss will be 1x the bet amount placed.
- Should a bet lose by 10 points, then the loss will be 10x the initial bet amount.
Important to note is the fact that bet amounts have maximum wins as well as maximum loss levels. This is made available for viewing when a bet is placed. What this aids with is being able to know the potential of what is available for wins, as well as the potential of what can be lost alternatively. This helps to gauge where you could land when it comes to betting with PointsBet.