PointsBet Review

PointsBet arrived on the Australian online wagering scene in 2017. Their focus in directed toward sports betting, but they have very adequate coverage of the domestic and international racing codes and when it comes to our favourites, the gallopers, PointsBet is well worth a look.

PointsBet Pros

  • Competitive racing odds
  • Punters can create markets with Name-a-Bet
  • PointsBet.com.au is Australian owned
  • Fastest withdrawal times

PointsBet is Australia’s only licensed spread betting agency, which is a sports specific type of wagering. The closes analogy to gallops are the promotions offered by some bookies allowing punters to boost a win by correctly predicting the winning margin.

Spread betting is a very challenging form of betting and it is not suitable for every punter, but there are plenty of fixed-price markets that will appeal to novices and pros alike for all popular wagering markets.

PointsBet Website

The PointsBet website has a very clean, stripped down and ultra-modern design in black. Built to be completely mobile responsive, it easily adapts to even the smallest resolution screens.

The desktop site’s navigation is very intuitive and easy to use, featuring a thin header with left and right drop-down menu buttons. It looks like a made for mobile website, which it is, but it also functions perfectly well for the desktop.

Selecting the left-hand drop-down menu button will list links to ‘Home’, ‘Promos’ and all of the racing and sports products. Selecting one of those products, such as ‘American Football’, lists all the ‘Next Up’ current games, then click on one of those and you get a box with easy to choose markets. Select a bet and your betting slip pops up over the top of the page ready for you to enter your wager and finally click on the ‘Place Bet’ button.

The right-hand drop-down menu contains login links to your current balance, account and banking details, pending and settled bets, and transaction history, all easily available with a minimum of navigation fuss. This is a very well designed, very compact and very modern interface.

Something that gives the website such a clean, uncluttered appearance is that the left column, which usually shows all the sports and racing offerings with most bookies, is minimised until the three horizontal line icon beside the PointsBet logo at the top left is clicked.

Another thing, something that is really cool, something we wish all bookies offered, is a search function right at the top of the left panel once it has been opened. This is really great when it is imperative to find an event right away without drilling through pages to filter markets.

For a bookie that supposedly focuses on sports, PointsBet has some nifty racing features.

Clicking on a race where the field and barriers draws have been finalised opens a window that has so much information that it is hard to imagine why anyone thinks PointsBet is not a dedicated race wagering site.

The information is organised superbly. Those who want to plunge right off can do so. Those who want to do a little research will find tabs offering Previews and Tips, Flucs, Early Speed and Speed Map. Anyone who does not want to go through each of those tabs separately can simply click the All Form tab.

PointsBet offers separate pages for the racing bet types. Fixed odds is the first choice. Next come Tote, Trifecta, First 4, Quinella, Exacta, Quaddie and double.

This is, in our opinion, a nice way to present the information without cramming text and graphics onto a web page to a degree that makes it difficult to find sought after information.

To complete the examination of PointsBet wagering platforms, we mention that they have a mobile version of the website that closely replicates the desktop/laptop environment. Mobile websites are great for anyone who does not want to give up the space dedicated apps require or grant permissions that seem intrusive.

There are operating-specific apps for Android and Apple devices, too, and PointsBet completely meets any expectations we have for mobile apps.

PointsBet has some of the best race wagering pages we have seen among Australian online bookmakers. We are awaiting the day when we can customize bookie’s pages with our own preferences, similar to the way browser and email pages can be customized, but until that time, we are willing to live with PointsBets’ Darth Vader ominous black and red.

PointsBet Promos

In order to view and/or participate in PointsBet promotions, please sign in to your PointsBet Account. This is typical for all Australian wagering sites.

Of course, everyone knows, or should know by now, that sign-up bonuses are fossils from years gone by. Bookies are no longer able to offer these sorts of inducements.

PointsBet offers various promotions including ‘Money Back Failed Multis’ (if one leg fails they refund up to $50 in bonus bets) and Protest Payout where relegated thoroughbred winners are still paid out.

PointsBet also promote "If your horse finishes 2nd, 3rd or 4th in certain races you’ll be refunded your stake as a bonus bet up to $50.00."

PointsBet will often update racing promotions daily. Where some bookies have racing promotions only during the carnivals, PointsBet goes to lengths to make innovative special promotions available throughout the year. There are certainly one-off promotions for big events, such as the Melbourne Cup or the AFL Grand Final, but even on a quiet day for sports and racing, such incentives as a bonus bet for a win racing bet that finishes second through fourth can earn a bonus bet. 

Punters can generally find a promotion for racing, because unlike some bookies who only promote domestic racing at the Saturday and possible the Wednesday meetings, PointsBet offers promotions for multiple locations every week. 

Other PointsBet Bets

In the beginning, PointsBet did not support in-play betting, but they have since made it available, with the legislative provision that all live betting be conducted over the phone. Australia is lagging the rest of the world in permitting live online betting.

That said, PointsBet live betting is elegantly set up much the same way as one of their typical racing pages. Live events can be viewed as a list showing all available live bets, or they can be filtered. Being able to restrict what is displayed for live betting is a nice feature during peak times, such as when one of the metro racecourses is holding an important meeting, while at the same time, the AFL and NRL are playing, along with any other domestic and international codes. 

Unlike some bookies, PointsBet will often have multiple live markets for an event, even some of the less popular codes like American women’s professional basketball. 

Live betting is an area in which PointsBet excels. The webpages update the status of games in real time and it is interesting to watch the odds update or new markets come on. 

Other bet types available are Same Game Multis, Quick Multis and the unique Name A Bet feature where clients can request a unique bet and submit it to PointsBet to receive an odds quote.

PointsBet Odds and Markets

We checked some PointsBet odds in order to compare them with other bookies. What we found was surprising. We chose the Group 1 Doomben Cup and found the quotes identical to Ladbrokes, with the exception that PointsBet was offering a better price on the favourite. The odds were also identical to Sportsbet, so while we encourage punters to shop around, those who do not wish to devote the time and energy can wager with PointsBet without fear of leaving money on the table. 

We run a racing site here, but we like our footy and we can report that PointsBet had over 300 markets for two upcoming AFL matches, compared to 208 with Ladbrokes.

Does anyone really need 200 – 300 markets for one footy match?

We ourselves don’t need that many, but more dedicated punters will scour these prop markets looking for value wagers to complement their head-to-head and line bets. 

PointsBet takes it one step further by informing clients, for example, that they had 10 AFL games for a total of 2115 markets. Our maths did not agree, however, as we saw the 10 games and saw closer to 3,000 markets. 

PointsBet Customer Support

PointsBet can be contacted via email and over the phone. They offer live chat also, which seems to be the way most punters are handling the simpler matters that require bookmaker assistance. We give them high marks for coming on the chat rapidly and answering the phone with a minimum of fuss. 

PointsBet Banking

PointsBet does not over as many deposit option as do some bookies, but they accept MasterCard, Visa and POLi. This should satisfy 90 percent of all punters. Credit card and POLi deposits offer instant wagering. 

Their website mentions cash deposits through a Commonwealth Bank branch or Instant Deposit ATM. The other option is Bank Transfer, which is almost instant, unless the transfer happens after 5 PM or on a weekend, in which event the funds will be available the next business day. First time depositors will have to wait two business days for their wagering accounts to be credited. 

Withdrawals are limited to bank transfer. Requests that are submitted before 3 PM Monday through Friday typically hit the client’s bank overnight, but the PointsBet website FAQ mentions that it could take up to 48 hours. 

Conclusion

We have grown, over the past three years, to appreciate PointsBet more than we did in their first year. We fail to understand why some critics thought poorly of this bookie’s racing offerings, as we thought they were completely adequate and more than satisfying for most needs.

The website and mobile wagering platforms are equal or superior to anything out there and we would have zero qualms about recommending PointsBet to anyone as a sole wagering portal, or in combination with multiple bookmaker memberships.