One of the newcomers to the sports betting industry has a competitive edge; by modeling their sportsbook after a points system rather than a traditional fixed odds model, PointsBet has clearly differentiated themselves from other competing sportsbooks in the industry.
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If you have ever been in a position where you were so right about a pick, then PointsBet may just be the sportsbook for you. In a situation where you bet a spread and you just clear it, you’re happy to barely be on the right end of it – but if you were far and away correct on a pick, you may have wished that you had added points to the line you had chosen using the additional spread or over/under. Enter PointsBet and their system, who does it for you: the more you are right, the more money you win – and not necessarily just in the number of wagers you place, rather how correct your single pick is. Instead of simply picking a spread or game total, you place a wager on the same style of pick (i.e. over/unders, spreads, player props, etc. as listed right below) and if you pick the correct side, your winnings accumulate based on the number of “points” you win by. Should an over/under of an NBA game by 200.5 and you take the over at $5 per point, if the game total hits 210, you won by 9 points and consequently won $45. The same concept applies to a game spread; should the spread by -9.5 on an NFL game, and the team wins by 17, you have won $35 at $5 per point. While it is a nice concept to win more the more you are right, there is also a stop loss on wagers, similarly to how you can do so in currency or stock trading in order to minimize your potential losses.
Despite the nearly irreplicable model that is the PointsBet sportsbook, they still have all of the common wager types that you’d find across the industry. These include:
The PointsBet website thrives on the user having full control on getting to their desired destination; whether it be by betting type, sport of choice, or additional tabs such as account information and/or pertinent information found on their blogs, the PointsBet user has freedom to travel wherever they please by using the dropdown menu on the left side of the screen.
Moreover, PointsBet offers a mobile application available to both iOS and Android users on their respective application stores. If you’re on the go, PointsBet has you covered with the same features that you find on the web interface, including wagers, bet slip, information blogs, account accessibility, and more!
Despite the unique platform, PointsBet is currently limited to five states in America: New Jersey, Iowa, Illinois, Indiana, and Colorado. Having begun operations overseas in Australia, the future is bright for PointsBet to continue to grow exposure to other states in America and foreign countries.
I'm a writer from upstate NY in a cool little Hudson River town called Coxsackie. Too many interests to list, but the films of David Lynch, the books of Kurt Vonnegut, the music of Jack White and the maddening sport of golf are near the top of my list. Big into DFS, specializing in baseball, football, golf and hoops. I've written for FFToday.com, RotoExperts and Baseball America, to name a few.
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