Disclaimer: PointsBet is not yet live in Virginia. This review is speculative based on their offering in other states and Virginia regulations. We will update the review after launch.
When Virginia online sportsbooks start going live in early 2021, you will have plenty of options to choose from. So what makes PointsBet stand out from the rest? Why should you give it your business? And if you do decide to sign up for PointsBet what do you get in return?
Let’s look at how much of a bonus you get for signing up, unique offerings only available on PointsBet, and the sports you can and can’t bet on.
One of the keys when choosing which sportsbook app to sign up with is figuring out what they offer in return. In the case of PointsBet, it’s up to $2,000 in risk free bets.
In order to take advantage of the offer, you will need to use our PointsBet promo code BETBONUS at the time of signup.
Here is how you receive your 2 Risk-Free Bets up to $2,000:
Just remember a few things. First, you need to use the promo code BETBONUS. If you want to receive the full $2,000 in risk free bets you’ll need to deposit $2,000 at the start. And finally, the risk free bets expire 14 days after being issued, so be ready to bet with them, otherwise, they will expire.
|Online Sportsbook||PointsBet Sportsbook|
|Risk Free Bet Total Bonus||Up to $2,000|
|Part 1 of Bouns||Up to $500 Back If You Lose Your First Fixed Odds Bet|
|Part 2 of Bouns||Up to $1,500 Back If You Lose Your First PointsBetting Wager|
|Online Since||Launching in 2021|
|Last Updated||March 2021|
Along with the Risk Free Bets offer, PointsBet has another feature called the parlay booster that allows bettors to boost their own parlays of three legs or more. It’s not available on all bets, but for the ones it is available on, it means that if you hit your parlay you’ll end up winning more money, which is always a good thing.
Daily odds boosts are fairly common on most VA sports betting apps, and for a good reason; they’re great value. Every day PointsBet boosts the odds on various games and bets on their site, so be sure to check in frequently, so when you see ones that you like you’ll be able to take advantage of the extra winnings you’ll receive.
Another thing to note is that PointsBet also has a loyalty program that allows you to earn points for every bet you make. The breakdown is pretty straightforward. You get one point for every $5 in fixed odds bets you place, and $1 parlay bet for every $1 won or lost with PointsBetting. Points can then be redeemed for bonus money to wager with. Every 250 points will get you $2.50 in bonus bets.
PointsBetting is a unique offering at PointsBet Sportsbook and quite simply it’s not for the faint of heart or the risk-averse.
In normal sports betting, whether you’re betting the moneyline, against the spread, over/unders, or parlays you know exactly how much money you will win or lose at the time you place your bet. That is not the case when it comes to PointsBetting.
In PointsBetting neither your wins nor losses are fixed. Instead, they vary based on the amount you were right or wrong with your wager. Here’s an example that should simplify things:
Say you place a $1 PointsBetting wager on the favored Washington football team to cover the seven-point spread. If Washington goes out and wins by 14 you would win $7 because they covered the spread by seven points (7×1=7). But on the other hand, say Washington only wins by 1 point, in that case, your $1 bet would turn into a $6 loss because Washington failed to cover the spread by six points.
There are a couple of key points to understand when it comes to PointsBetting. First, each market has a different multiplier cap applied to it depending on the volatility involved. Some are as high as 250x, while others are as low as 10x.
You also are not tied to those multiplier caps. Instead, you have the option of selecting your own. So you could cap a PointsBetting bet at 5x and be assured you couldn’t win or lose more than five times your original bet.
Given the potential big losses that can occur with PointsBetting, part of your balance will be withheld when you have active PointsBetting wagers in play. And don’t worry, when placing PointsBetting wagers the sportsbook will always displace your max win level, max loss level, and balance withheld so that you know exactly where you stand at all times.
PointsBetting is definitely not for everyone, but it’s something that sets PointsBet apart from most other sportsbooks on the market.
Yes, PointsBet is legal in Virginia. Sports betting was legalized in April 2020, when the state legislature passed a sports betting bill allowing sportsbooks and betting apps in the state.
A few things to know about sports betting laws in Virginia: you don’t have to live in the state to bet on sports, but you do have to be within state lines in order to do so. The law mandates that there be a minimum of four and a maximum of 12 sportsbooks available in the state to help ensure a better market for bettors.
And two final points: the law allows for betting at a major-league stadium that has yet to be built in the state, that could possibly be home to Daniel Snyder’s NFL franchise, currently known as the Washington Football Team, if they can get a stadium built in Virginia. And lastly, betting on Virginia college teams is not allowed under the law.
In today’s world, signing up for products and services online is second nature, and for the most part, creating a PointsBet account in Virginia is no different. The only major differences are that you’re required to give a little bit more personal information and you must ensure that you have geolocation technology on the device you are using switched on.
You’ll be required to supply a username, email, password, date of birth, home address, phone number, and Social Security number. Again, whether you’re using a phone, tablet, laptop, or regular computer, you will need to have geo-tracking software turned on so PointsBet can verify you are within Virginia borders.
Along those same lines, once you’ve created your account, remember that if you are traveling in a state where sports betting is illegal or where PointsBet does not have a sportsbook you will not be able to wager there. So get your bets in before leaving the state.
PointsBet is actually fairly new to the sporting betting marketplace, having begun operations just a few years ago in 2017. But they are expanding quickly across the US with established sportsbooks in New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan, and now Virginia.
And despite being a lesser-known name in the sports betting world than DraftKings or FanDuel for example, PointsBet has a lot to offer its customers.
PointsBetting is arguably the best and most distinctive feature at PointsBet, as it allows bettors’ wins and losses to fluctuate based on how right or wrong their bets turn out to be.
The promotions that PointsBet runs with regularity are another reason it’s a great sportsbook to take your business to. From daily odds boosts to sport-specific offers, PointsBet is constantly offering something new to benefit its users.
When it comes to sports betting, seconds matter, which means the speed of a sportsbook’s website and app are extremely important. That’s something that PointsBet prides itself on, and it shows by their site and app performance. The last thing you want as a bettor is the app freezing up on you and not being able to get your bet in on time.
As for customer service, of course, you can email PointsBet if you encounter any problems. But sometimes you need answers immediately and that’s why it’s awesome that it has live chat available 24 hours a day. You can also reach out to them via Twitter if you have a bet they don’t have a market for. Simply tweet at them using #nameabet and if they can, they’ll make it live for you.
It’s often easier to sign up and create your PointsBet account from a computer or laptop since there’s a decent amount of information to type in at the onset. One of the best aspects of online sportsbooks is the ability to get their apps for your cellphone or tablet, thus being able to have a live sportsbook with you at all times.
The PointsBet app is free and available for both Android and Apple devices. You can download it for either iPhone/iPad or Android by simply using our links and visiting the PointsBet site. From there, simply follow the installation instructions and create a new account.
Once you’ve done that, take a few minutes to get to know the app and learn where things are so you won’t have any problems making bets, especially if you’re short on time.
Don’t forget, when you use our Points Bet Virginia promo code, you qualify for the free bet offer allowing you to test the app.
Whether you simply like to pick winners, over/under totals or go against the spread, there are options for just about everyone at PointsBet Sportsbook. Let’s take a look at the most popular bets available at PointsBet.
PointsBetting is exclusive to PointsBet and it allows bettors to profit based on how correct their bet is. It also has the inverse effect that bettors can lose more money based on how incorrect their bet was.
At PointsBet you have the ability to bet on just about any sport you choose, although Virginia law does prohibit betting on Virginia college teams. The law does not apply to tournaments, such as betting on March Madness, in which Virginia teams might be playing.
As for the lesser-known and followed sports, you can bet on them too at PointsBet. Try your hand at Aussie Rules football, cricket, cycling, darts, rugby, or table tennis.
The four major professional sports leagues (NFL, NBA, NHL, and MLB), along with college football and basketball, represent the majority of legal wagering done at sportsbooks in the US. While Virginia does not have any pro teams that call the state home, and betting on local college teams is prohibited, that doesn’t mean there aren’t teams close by that you can bet on and enjoy rooting for during the year.
The NFL’s Washington Football Team plays its home games in nearby Landover, MD, while the team’s practice facility and headquarters are actually located in Virginia. There also is the chance that owner Daniel Snyder could build a new stadium located in Virginia. No matter what happens, you’ll be able to bet on all Washington games, both before and during games (live betting), and place prop and futures bets on the team as well as the NFL as a whole.
If you prefer to bet on baseball, both the defending World Series champions, the Washington Nationals and the Baltimore Orioles are located fairly close by, giving bettors both a National and American League team to wager on. You can bet on individual games, place prop bets and futures wagers, and enjoy live betting.
In the NBA, both the Washington Wizards and Charlotte Hornets play in states bordering Old Dominion, giving Virginians teams to root for and bet on. When it comes to the NBA, you will be able to bet before and during games and place prop bets and futures bets for every team in the league.
Just like the NBA, in the NHL, the Washington Capitals and Carolina Hurricanes are located in neighboring states, giving PointsBet customers multiple teams in adjacent states to cheer on. You can bet on all NHL games, both before and after they start, in addition to placing prop bets and futures bets.
When it comes to soccer, the nearest MLS team is DC United, but the reality right now is that, even in the US, international soccer is the bigger betting draw. Two of the top leagues that many bettors enjoy wagering on are the English Premier League (EPL) and the UEFA Champions League.
Futures betting is one of the more popular forms of betting, especially for people who enjoy watching an entire season play out, as opposed to having their bets determined in a single night.
The most common futures bets would involve betting on nearby teams’ over/under win totals. For example, before the season you could have bet on the Washington Football Team’s win total for the 2020 season, which PointsBet set at five. If you selected the over, all it would take is six wins for your bet to pay off.
Another desirable futures market is picking which team you think will win a championship. If PointsBet was legal back in 2018 and you bet on the Washington Capitals to hoist the Stanley Cup at season’s end, or the Washington Nationals to win the World Series last year, you would have been a big winner.
It’s not just teams that you can bet on when it comes to futures wagering, you also bet on individual awards and stat totals. If you had picked the Baltimore Ravens quarterback Lamar Jackson to win the MVP award before last season began, you would have cashed in big time.
Just be sure to check in regularly when it comes to futures betting because the odds can change a great deal depending on various moves a team makes, or when a star player gets injured. Remember though, the odds you get when you place your bet do not change.
Depositing money at PointsBet is a fairly simple and straightforward process. You are required to make a minimum $10 deposit and can do so using a bank ACH/e-check, Visa or Mastercard, or via a bank transfer.
Hopefully, you never have any reason to contact PointsBet’s customer support, but the good news is if any issues do come up, their support staff is there for you 24 hours a day.
You can contact PointsBet customer service via chat, day or night. If your need is less urgent you also can reach out to them via email. And a final option, if you just need a random question answered, you can also message them on twitter @PointsBetUSA.
Sports betting should be something that is fun, and if done right, allows you to make a few bucks at the same time. PointsBet is aware that for some people gambling can become an addiction that when unchecked can have grave consequences. That is why they have a section of their website dedicated to responsible and problem gambling.
On that page, they provide links to help players figure out if they have a gambling problem. And, if so, who they can talk to, as well as information on what PointsBet can to do help.
In that regard, players can set up limits on how much and/or how often they will be allowed to bet. As it says on the website, “Gambling should always be treated as a form of recreation and should not be viewed as an alternative source of income or a way to recoup debt.”
The PointsBet promo code is BETBONUS. When you enter BETBONUS during registration your first PointsBetting wager will be risk free up to $1,500 and your first fixed odds bet will be risk free as well for up to $500.
Yes, PointsBet received its sports betting license from the Virginia Lottery which is in charge of sports wagering in the state. PointsBet also is legal in five other states currently, New Jersey, Iowa, Indiana, Colorado and Illinois. If you experience any problems with PointsBet in Virginia you can reach out to the VA Lottery via phone (804-692-7777) or by sending a message through the Lottery’s website.
To bet on sports you need to be 21 years of age or older in Virginia, it also is required that you are physically in the state when placing bets. Because of that requirement you’ll need to enable geolocation software on your computer, tablet or phone, otherwise you will not be allowed to make any sports wagers.
PointsBet offers a unique sports betting options known as PointsBetting. PointsBetting takes your original wager and multiplies it by how right or wrong your bet was. So if you bet $10 on the under and the final score is 20 points below the under, you would win $200 (10×20=100). However if the final was 10 above, you would lose $100.
Yes, but unfortunately you cannot bet on any colleges or universities from Virginia due to Virginia law. So betting on Virginia Tech or Virginia is not allowed. VA gaming law also forbids prop betting and live, in-play betting for all NCAA events.
PointsBet and FanDuel are among the best mobile sports betting apps in the state. Both apps offer tons of promotions that users will be happy with. PointsBet has more betting markets, including PointsBetting, and its app is a little faster, while FanDuel tends to have slightly better odds.