If you are looking for a reliable guide to Pointsbet bonus bet terms and conditions, this article covers everything from registration to your first withdrawal. Understanding how bonus bets work at PointsBet is essential for getting the most value from your promotions, and this guide will walk you through the entire process, including how to calculate your potential returns.
Before You Start
Before you dive into the world of PointsBet bonus bets, make sure you have the following ready:
- A valid email address and a mobile phone number for verification.
- A government-issued ID (such as a passport or driver’s license) to complete KYC (Know Your Customer) checks.
- A preferred payment method, such as a credit/debit card, bank transfer, or e-wallet, that is accepted in your jurisdiction.
- Ensure you are of legal gambling age in your country (typically 18 or 21 years old).
- Understand that wagering requirements and terms apply to all bonus bets, so read them carefully.
Account Setup
Creating your PointsBet account is straightforward. Follow these steps to get started:
- Visit the official PointsBet website or download the mobile-optimized site (PWA) from your browser.
- Click on the ‘Join Now’ or ‘Sign Up’ button to begin the registration process.
- Fill in the required personal details, including your name, date of birth, and address, ensuring they match your ID.
- Choose a unique username and a strong password. We recommend enabling two-factor authentication (2FA) later for added security.
- Complete the pointsbet login process by entering your credentials on the site or the PointsBet app.
- Navigate to the ‘My Account’ section and complete the KYC process by uploading a copy of your ID and proof of address.
- Make your first deposit using your preferred payment method. Alternatively, claim a no-deposit bonus if available.
Bonus & Promotions
PointsBet offers various promotions, but the most common is the bonus bet. A bonus bet is a free wager that you can place on a sporting event, and if it wins, you receive the profit (not the stake) as cash. Importantly, bonus bets are typically subject to wagering requirements and minimum odds.
Here is a worked example to illustrate how a bonus bet works. Suppose you receive a bonus bet worth $50. You decide to place it on an event with odds of 2.00 (even money). If your bet wins, your total return is $100 (i.e., $50 stake × 2.00 odds). However, since it’s a bonus bet, the $50 stake is deducted, leaving you with $50 in cash winnings. If your bet loses, you lose the bonus bet, and it is gone.
| Bonus Bet Value | Odds | Total Return | Stake Deduction | Cash Winnings |
|---|---|---|---|---|
| $50 | 2.00 | $100 | $50 | $50 |
| $50 | 3.50 | $175 | $50 | $125 |
The formula to calculate your net winnings from a bonus bet is: Net Winnings = (Bet Amount × Odds) – Bet Amount. In the first example above, that is ($50 × 2.00) – $50 = $50. Always check the odds before placing a bonus bet, as sportsbooks often require a minimum odds of 1.50 or higher for the bet to count.
Mobile Experience
PointsBet does not have a native app in the Google Play Store or Apple App Store, but you can still enjoy a seamless experience through the PointsBet app’s mobile-optimized website or progressive web app (PWA). Simply open your browser, go to the PointsBet site, and you will be prompted to ‘Add to Home Screen’ or install the PWA for quick access. The mobile interface is fully responsive, allowing you to place bets, manage your account, and access promotions on the go. For the best experience, ensure your browser is updated and enable push notifications if you want real-time updates on your favorite teams.
Extra Tips
PointsBet rewards loyal customers through its PointsBet Rewards program, which is structured in tiers. As you place bets, you accumulate points based on the amount wagered and the odds. For example, for every $10 wagered, you might earn 1 point. As your points grow, you climb through levels such as Bronze, Silver, Gold, and Platinum, each unlocking exclusive bonuses, enhanced odds, and even personalized offers. Typically, higher tiers also come with a dedicated account manager and faster withdrawals. To maximize your points, focus on betting on sports with high liquidity, such as football or basketball, where the points earn rate is often higher.
FAQ
Can I use a bonus bet on any sport?
Yes, PointsBet allows bonus bets to be used on most sports available in their sportsbook. However, some promotions may have specific restrictions, so always check the terms of your bonus bet to see which leagues and markets are eligible.
How long do I have to use my bonus bet?
The validity period of a bonus bet varies depending on the promotion. Typically, bonus bets expire within 7 to 14 days after being credited. If you fail to use them in time, they will be removed from your account.
What happens if my bonus bet wins?
If your bonus bet wins, the profit is credited to your cash account, which you can withdraw or use to place more bets. The original stake of the bonus bet is not returned to you; only the winnings are yours.
Do bonus bets count toward loyalty points?
No, bonus bets do not earn loyalty points because they are free wagers. Only cash bets contribute to your points balance in the PointsBet Rewards program.