About sportsbook promo codes
As the online betting market in the US continues to grow, we’re seeing a rise in the number of sportsbook bonuses and promo codes. With the latest PointsBet welcome bonus, you are able to grab a deal that offers something unique.
The deal we are talking about is the $500 in free bets as part of the PointsBet Second Chance promo across multiple wagers. Further into this review we'll show you the best way to use the bonus to your advantage and how you can maximize your experience.
Is PointsBet available in your state?
Go through our table below to know if PointsBet is available in your state, and check for your state-exclusive promo code in order to start taking advantage of their welcome offer today:
Using the PointsBet bonus
The welcome offer for new PointsBet customers is different but simple to understand. Similar to risk-free bets you see on other sportsbook sites, this deal gives you a second chance if your bet loses. The best part is that you can do this five times over.
Whether you call it insuring your wager, a risk-free bet or second chance, the offer is awesome value and provides a great platform for landing successful bets with a safety net if they lose. Be sure to enter the PointsBet sportsbook promo code when you register and you're good to go.
From your account, place a fixed odds bet of $0.50 or more each day for five straight days and if any of your bets lose, PointsBet will give you up to $100 back each time. It's good to know that there are no minimum odds, no opt-in needed and your first bet activates the promotional period. Meaning the offer is triggered from the day you wager, rather than the day you join, and runs for five consecutive days.
We've got more on the finer details in our FAQ below, but it's important to remember that terms and conditions of sportsbook bonuses can be updated or changed without notice, so always check the latest rules before you claim.
Top 5 expert tips to maximize your PointsBet deposit bonus
Once you understand the rules of the PointsBet bonus, it's straightforward to activate and use. However, expert tips will allow you to maximize the offer and enhance your betting experience.
Don't overlook the small-print
We understand that new promotions bring an air of excitement, and you may be tempted to dive straight in and get going. It's crucial that you don't overlook the small-print in order to fully understand the rules of the bonus and avoid disappointment or frustration further down the line.
Act quick, but not too quick
When you receive your free bet, it's advisable to not hang on to it too long. Not least because the operator has placed an expiry time of seven days. Therefore, from the date of being issued, you must use your free bet within this time or forfeit the funds.
The amount you get back as a free bet is equal to your wager. So the more you wager, the more you get back as a free bet. If you like the idea of betting on sports with higher amounts, carefully consider your options beforehand and within budget.
Activate the bonus at a time that suits you
The great news about this offer is that you can choose when it starts. Instead of automatically triggering upon signup, the first day of the five-day bonus only begins when you place your first wager.
Bet during peak sporting calendars
You can use this bonus on any sport or event at PointsBet. We advise betting during peak seasons to give yourself more options when it comes to placing the perfect wager.
Frequently asked questions about the PointsBet sportsbook promo code
Our experts have taken the most common questions surrounding this bonus and have provided clear answers to help you understand the promotion in detail.
What restrictions are there with the offer?
The maximum number of free bets you can claim is 5 and each bet covers a maximum of $100 each up to a maximum total of $500. If you don't wager on a given day within your five consecutive days, then you will not receive a bonus for that particular day. You cannot use the cash out feature during an active bet and free bets are non-refundable.
Am I eligible for the welcome bonus?
To be eligible for the welcome bonus, you must be a new PointsBet customer registering for the first time, be aged 21 or over and reside in one of the following states: CO, IA, IL, IN, KS, MI, NJ, PA, VA, WV.
Are there any wagering requirements or exclusions?
There are no specified wagering requirements with this bonus. However, cash out bets, voided bets and wagers placed with a bet booster do not count.
Do free bets have an expiry time?
You must use your free bet within 7 days of it being issued and credited to your account. Failure to do so will result in the bonus funds being forfeited and removed from your account balance.
Can I withdraw free bet credit?
Free bet credit cannot be withdrawn and free bet stakes are not included in winnings. However, you can withdraw winnings from successful qualifying bets. For example, if the total amount won is $100 including a free bet stake of $20, then the amount you receive will be $80.
Additional PointsBet promos and rewards
In this guide, we have covered the main bonus that is available on PointsBet. But did you know that there are also a plethora of other promos and rewards available? As you may have seen from our
PointsBet review, the sportsbook operator is huge on rewarding both new and existing customers, so we've outlined a few of the best perks below.
- PointsBet Rewards:
You can earn reward points on every bet you place, which can be redeemed for free bets.
- Partial Cash Out:
Edge your bets with active bets and partially cash out to collect some of your winnings and let the rest ride.
- Platinum Club:
Level up your betting when you reach the top 5% of customers at PointsBet and receive an invite to a membership offering personalized benefits.
- Diamond Club:
Gives you a premier betting experience by invitation only and access to personalized promos, event tickets, meet and greet opportunities with PointsBet ambassadors and 24/7 customer service.
- Good Karma Payout:
Feeling unlucky or hard done by events that have unfolded after placing a bet? Get your wagers refunded as free bets by the Karma Kommittee.
Conclusion: A quality PointsBet sportsbook bonus with a difference
From our analysis, it's clear to see that PointsBet wants to stand out from the crowd. This welcome bonus gives you the perfect chance to have another bite of the cherry if things don't go your way, multiple times over.
The part that impressed us the most was the fact that this is like getting five bonuses in one and winnings from any free bets are not subject to wagering requirements. Giving you the freedom to withdraw whenever you want. Whether you're a fan of the Packers, Lakers or the Yankees, this offer is inclusive of all sports and events, including esports and is definitely worth a shout. Similar to this, we also have
Virgin casino review, click here to know more information.
PointsBet deposit bonus FAQ
❓ Do I need a PointsBet promo code?
The latest sportsbook welcome bonus at PointsBet is definitely not to be missed. As we've covered in other bonus reviews such as our
DRF Sportsbook promo review, knowing whether or not a promo code is required to redeem the bonus is crucial to enjoying free bet offers. Drop by our review guide here at PromoGuy.us to get the lowdown on this bonus, including promo steps to follow and required credentials.
🎁 Can I claim a PointsBet deposit bonus?
There are plenty of PointsBet bonuses and promotions on offer to residents in qualifying states. Find out which states are eligible and get all the information you need about available bonuses in our review guide at PromoGuy.us.
🔥 Is the PointsBet bonus as good as it sounds?
At PromoGuy.us, we put many sportsbook promotions like the latest PointsBet offer through their paces. Read all about it and see the benefits and drawbacks so you can make an informed decision about whether or not it's right for you.
🔎 Where can I find the latest PointsBet promo codes?
Knowing where to find valid sportsbook promo codes can be tricky. Luckily our experts here at PromoGuy have put together a catalog of the best bonuses and offers that can be redeemed by using promo codes in your region, want to know the latest
Virgin Casino bonus? Want to find out what PointsBet have got going on? It's all here at PromoGuy.
📱 Can I claim a PointsBet welcome bonus on my mobile?
Before you claim a top-rated sportsbook bonus like the one at PointsBet, it's important to know that you are going to be able to access the platform on all your preferred devices. Check out our guide here at PromoGuy to get all the facts and information you need about device compatibility and apps.
