PointsBet Sportsbook Florida Promo Code & Review
Disclaimer: PointsBet Sportsbook is not yet live in Florida. This review is speculative based on the PointsBet offering in other states and will be updated when it comes online in FL.
PointsBet is an elite Aussie sportsbook that’s been making big moves of late to gain ground in the surging Florida sports betting market.
What gives PointsBet an edge over most of its US-based competitors is its colossal welcome bonus package which includes two massive bonus bet deals with a total worth of up to $2,000. The brand also puts a lot of effort into customer retention, which is reflected in the many promotions offered to customers every week.
What’s more, PointsBet is a trendsetter when it comes to PointsBetting and a few other unique features. If we factor in the site’s fantastic mobile apps for Apple and Android, it becomes clear that PointsBet is a superb sportsbook every Florida bettor should try out.
That being said, PointsBet faces fierce competition in the Sunshine State, and it’s essential to explore all of your options before you make the final call. We’ve put together this review to weigh up the site’s pros and cons and speed up your decision-making process.
Throughout the page, we’ll provide a comprehensive breakdown of every relevant segment, including:
- PointsBet’s bonus section — we’ll show you how to claim and utilize the $2,000 welcome bonus.
- Mobile apps — we’ll explain how you can download PointsBet’s native apps for iOS and Android devices.
- Betting menu — you’ll learn what markets you can place wagers on, with a particular focus on Florida local teams.
- Customer support — we’ll show you how to get in touch with the support representatives and get immediate assistance.
Without further ado, let’s get down to business. We’ll start with the most enticing aspect of the PointsBet sportsbook — the bonus bet up to $2,000!
PointsBet Sportsbook Florida promo code 2023
Use our code None - Use Links in one of the Sign Up columns to unlock two bonus bets. One provides a refund on your first-ever fixed-odds wager up to $500, while the other will reimburse your PointsBetting wager with a cap set at $1,500. Read on to learn how to take full advantage of this offer.
|Florida Sportsbook||PointsBet Sportsbook|
|PointsBet Promo Code||None - Use Links|
|Total Bonus||Up to $1,000 Refund on Your First Fixed Odds Bet|
|Part 1 of Bonus||Up to $500|
|Part 2 of Bonus||Up to $1,500 Back If You Lose Your First PointsBetting Wager|
|Last Updated||September 2023|
PointsBet Florida welcome bonus — fine print
PointsBet’s welcome bonus is as cool as they come. First off, you’ll get a refund on your first fixed-odds wager up to $500, which is in line with what most other books offer to new customers. Then you’ll be able to try out the novel concept of PointsBetting for free, and you’ll have a hefty budget of up to $1,500 to do so.
Long story short — new arrivals at PointsBet are awarded two bonus bets — one apiece for fixed-odds and PointsBetting wagers.
Bonus conditions fine print
It’s vital that you read the fine print of the welcome bonus to understand how to use it properly. Here are a few stipulations from the rulebook that you should pay special attention to:
- Use the PointsBet promo code None - Use Links during sign-up to unlock the two bonus wagers
- Place a fixed-odds wager up to $500. If it wins, you’ll collect your payout like you normally would; if not, you’ll get credited with bonus bets corresponding to the amount of that wager.
- Place a PointsBetting wager up to $1,500. Win, and you’re in for a big payday; otherwise, PointsBet will provide a 100% cash rebate in site credits (bonus bets).
- After being credited, bonus bets must be used within seven days on markets with odds of -200 or longer.
- Cashed-out bets will not count towards the refund.
Difference between fixed odds and PointsBetting
Fixed-odds betting is a conventional form of sports betting whereby the books offer odds on a specific event/outcome, and this price doesn’t fluctuate once bettors strike their wagers. This means that the payout you’re offered upon placing your bet is also not subject to any future fluctuations.
PointsBetting is a novel concept of sports betting first introduced in the US by PointsBet. With this high-risk, high-reward type of betting, the payoff is based on accuracy/winning margin rather than a simple win-lose outcome. Put simply, the more right you are, the more you win. Conversely, the more off you are in your predictions, the more you lose.
Let’s see how this works via an example.
Say you took the Heat at -10 on the spread against the Magic at odds of -110 and staked $10. The Miami team ended up wiping the floor with the Magic with a score of 120-90, beating the spread by 20 points.
If it were a traditional, fixed-odds wager, you would have profited $9.09. With PointsBetting, your potential profits are multiplied by how many points you won (or lost) your bet. Therefore, a $10 Points Betting wager on the Heat, in this case, would have paid out $200 — 20 spread points beaten X $10 stake = $200.
Had the Magic pulled off an upset and beat the Heat by 17 points, you would have missed the spread by 27 points and lost $270 — 27 missed spread points X $10 stake = $270.
The same principle applies to other markets as well, such as over/under bets, player props and so forth.
Is the PointsBet welcome bonus worthwhile?
Absolutely. On the one hand, you can try out the go-big-or-go-home PointsBetting product for free and potentially score a monster payoff. And if you’re not particularly fascinated by it, you can always stick to traditional fixed-odds betting and claim the $500 bonus bet to help you get over the hump. Whatever suits your taste, PointsBet has you covered.
Can I trust PointsBet sportsbook?
Yes, PointsBet is a gambling powerhouse that’s quickly making a name for itself in the US online sports betting market. The sportsbook has formed partnerships in all four major leagues, further cementing its leadership role in the rapidly expanding betting sector.
The site itself is protected by the highest levels of SSL encryption, which prevents unauthorized personnel from intercepting your transactions and accessing your personal or financial details.
Florida betting requirements
To place wagers with PointsBet in Florida, you have to be of legal gambling age (21 or older). Also, you will need to have a Player Location Check installed on your device so the sportsbook can verify that you are located within state borders while betting.
Getting started at PointsBet sports betting in Florida
The sign-up flow at PointsBet is as intuitive as can be. We’ll navigate you through the process and help you set everything up quickly:
- Click on this link to get relocated to the homepage
- Select the red Sign Up button in the top right corner
- Supply the necessary details — login credentials, bonus code, address, full name, email, date of birth, cell number, and last four digits of your Social Security number.
- Check the box that confirms that you agree with the terms and conditions
- Hit the Submit Information button
Once you have your account opened, PointsBet may request that you manually verify your identity via a valid ID or passport. You also may have to provide a utility bill or bank statement as proof of address.
How do I download the PointsBet Florida app?
You can bet with PointsBet remotely from every location in Florida through the iOS and Android apps. Our links will get you directly to the sportsbook’s mobile page, where you’ll find the download links for your respective device. Be sure to check whether your mobile device meets the compatibility requirements. Also, you should switch to the latest version of your OS.
Where do I find PointsBet promotions?
The Promotions tab is right beneath the Home banner in the main drop-down menu. If you thought that the $2,000 bonus is the only incentive you’ll get at PointsBet, you’re in for a big surprise. The sportsbook moves heaven and earth to keep its existing customers motivated, dishing out a wide variety of promotions every week or so.
The promotional roster is updated from time to time, and the best way to stay in the loop is by subscribing to the sportsbook’s newsletter during registration. This way, you’ll be the first to know about upcoming promos and receive exclusive offers as they are released.
Here’s a sampling of what types of promotions you may run into at PointsBet FL:
- Refer-a-friend: Spread the word around and get a portion of bonus bets once your friend registers via a referral link and makes the qualifying deposit.
- Parlay booster: Every day, PointsBet gives you one boost on traditional and single-game 3+ leg parlays.
- Reduced juice: Now and then, the sportsbook may cut its betting odds to -105 (or even higher) instead of the standard -110 on select markets, which will increase your payout.
- Single-game parlay insurance: Get a refund on your 4+ leg single-game parlay if only one of the selections loses.
Why should I choose the PointsBet sportsbook app?
On the off chance you’re not sold on PointsBet’ revolutionary approach to online sports betting, you should check out the site’s other qualities:
- Name a bet function: This is reminiscent of the Bet Builder feature offered by some European sportsbooks. It allows you to request a bet that’s not listed in the menu; once you think of a market you’d like to see sports odds on, send a tweet at @PointsBetUSA, and the sportsbook will price it and notify you when the wager goes live on the site.
- Partial Cash Out: Partial Cash Out gives you the most flexibility you can ask for when making a sports bet. This service provides the possibility of cashing out a portion of the starting bet while letting the rest play out. This way, you can settle your wagers early and still have some cash on the action. You can trigger the Partial Cash Out via the Pending Bets lobby in your account menu.
- Points Betting: One of PointsBet’s biggest selling points is its proprietary style of wagering, PointsBetting, which is making headway among US bettors. The system demands accuracy and rewards those who can spot blowout wins. It ramps up the hype by leaving your potential wins/losses in the air until the final whistle. However, the concept is highly volatile and risky, so you should approach it with caution. That said, you might want to consider activating the stop loss function to cut your potential losses if things go haywire on the court.
What won’t I like about the PointsBet sportsbook app?
PointsBet is a top-shelf sportsbook; there’s no doubt about it. Still, there is always scope for improvement, and we’d like to point out a few areas in which the sportsbook could be doing even better:
- Occasional pricing inconsistencies: PointsBet takes in a mere 5% vig for NBA and NFL spreads, which is the lowest you’ll find in Florida. The flipside is that the operator has been known to offer lower odds on certain futures markets than upper-echelon brands like DraftKings and BetMGM. It’s not a major discrepancy, but these minor pricing dips can make a considerable payout difference, especially for high rollers.
- Intermittent glitching: As fast and responsive as PointsBet’s platform is, you might experience technical issues now and then. For the most part, the pages load within two seconds tops. However, in some cases, you might get stuck on the loading screen and be forced to refresh the page several times.
What kind of bets can I make at PointsBet?
PointsBet’s range of markets is nothing short of fantastic. All the primary betting options are on hand, along with a few extras. You can also utilize the Name Your Bet feature and create a market that doesn’t exist in the portfolio, which means that the possibilities are almost infinite.
Knowing that some of our readers from Florida are rookies in the sports betting world, we’ve compiled a handy How to Bet guide that breaks down various types of wagers you can make at PointsBet so you can understand them better. We’ll use the example below to illustrate some need-to-know terms.
|Florida Panthers||+1.5 (-125)||Over 5.5 (-105)||+115|
|Tampa Bay Lightning||-1.5 (+105)||Under 5.5 (-115)||-136|
How to read odds and calculate your payouts
Learning what the minus and plus signs represent in the odds chart is the key to understanding how to calculate your potential profits.
The plus (+) symbol is always attributed to the underdog, and the price attached to it denotes how much profit you’ll make for connecting a $100 wager. The Panthers moneyline is priced at +115, which means that for a $100 bet, you could win $115 if they beat the Lightning.
The favorite is always accompanied by a minus (-) sign, and the odds show how much you would need to stake to win $100. Therefore, a successful $136 bet on the Lightning would net $100 profit.
Moneylines, spreads, and totals
These are probably the first types of bets you’d tackle as a beginner, so a quick explanation is in order:
- Moneylines: With moneylines, bettors have to predict the winning team and nothing else. If PointsBet estimates a lopsided affair, you’ll get poor payout odds on your favorite bet. In our example, the Panthers and the Lightning are somewhat evenly matched, so you can get your money’s worth by betting on the Tampa-based NFL team, despite them being deemed favorites.
- Totals: Totals, or over/under, betting focuses on the final score rather than the outcome. It’s a bet on whether the total number of points, goals, runs (or whatever the scoring unit is) is above or below the given threshold. Looking at our example, PointsBet is slightly skewed towards the under, hence the payout is lower.
- Puck line: Puckline, runline — both are versions of points spread betting for NBA and NFL games. Since most NHL games are decided by one or two goals, the spread is usually set at -/+ 1.5 goals. To win a puck line bet on the Lightning, it would need to beat the Panthers by at least two goals. And in return, the Panthers can lose by one goal and still cover the spread.
Secondary wagers: props and futures
The underlying principle of props and futures is similar in that neither of these wagers is dependent on a game’s outcome, but that’s where the similarities stop.
Futures bets are true to their name as they refer to wagers placed on a championship, season, or series winner — all of which are events that will take place at a later date. The biggest appeal of futures bets is the long odds. You can bet small and still be in line to win big.
PointsBet is packed with futures betting options:
- Which player will get picked first in the upcoming NBA draft
- Outright winners of all major sports championships
- Awards and season leaders — MVP, Rookie of the Year, Defensive Player of the Year
- Bet on the team to make the playoffs in the NFL
Unlike futures, props are short-term bets based on statistics compiled by a certain team or individual player. Seasoned bettors usually steer clear from props in part because these wagers are based on an educated guess rather than data-driven research.
At PointsBet, you might find props odds on:
- Points/assists/rebounds scored by individual NBA players listed in the over/under format
- Pitcher props in MLB games — over/under strikeouts for individual home and away pitchers
- First goal props in NHL games
Parlay betting with PointsBet
Parlays are a great way to pad your bankroll without investing much. This is because this form of betting combines multiple bets (legs) into one. In doing so, the odds exponentially grow. The catch here is that you have to get all of them right to win. That said, parlays are not for the faint of heart as you could accurately predict ten legs and still lose the bet.
Is in-play betting available at PointsBet?
Yes, you can put some cash down on the action while it unfolds at PointsBet. Depending on when you’re accessing the live betting lounge, you can find odds for soccer, basketball, baseball, motor racing, and table tennis, among other sports.
The in-play market variety is quite impressive. On top of the standard moneylines, spreads and totals, you’ll find a slew of game props and period bets with varying prices. The odds and lines will move up and down to reflect the momentum swings, so you’ll be making a lot of split-second decisions.
Can I bet on the Tampa Bay Devil Rays with PointsBet?
Yes, you can put a few bucks down on all nine professional sports teams from Florida, including betting on the Tampa Bay Rays. The MLB presents some unique betting options — let’s break down the ones to be found at MLB sportsbooks in Florida:
- Doubles: As the name implies, doubles are mixtures of two different markets; in this case, money line and total runs. These bets involve a higher risk of losing, but this is compensated with a great payout. For instance, you could take the Devil Rays to win and over 9.5 runs at +260 odds.
- Player props: Bet on someone from the Devil Rays (or the opposing team’s) roster to hit a home run at odds of +250 or longer.
- First X innings: You can pick which side will lead after the first 3, 5, or 7 innings. You can also bet on the combined score of the two teams at the end of each period.
- Single-game parlay: PointsBet is one of the few sportsbooks that allow same-game parlays. For example, say the Devil Rays play the Marlins. You can bet that the Marlins will win by more than 1.5 runs, that the Rays will lead after the first inning, and that Tyler Glasnow will record more than six strikeouts.
- PointsBetting: You can utilize the PointsBetting system on MLB games and rake in a considerable profit if you’re on the right side of an upset or a blowout.
How do I get money to (and from) PointsBet online sportsbook quickly?
Depositing and withdrawing funds to and from your PointsBet account shouldn’t be an issue, given all the options you’ll have at your disposal. To deposit, you can use:
- ACH, e-check
- Bank transfer
- Credit/debit cards (Visa, MasterCard)
All of these methods have a $10 minimum.
For cashouts, you can either order an e-check transfer or make an online banking withdrawal.
At some point, you’ll also be able to utilize the cash at cage method once PointsBet settles in Florida.
How do I get help at PointsBet sportsbook?
PointsBet customer service is available round-the-clock via email ([email protected]) and live chat. To access the live chat service, look for the corresponding icon at the bottom of the page. There is also a FAQ page that provides users with quick and straightforward answers to common concerns and problems.
How do I exclude myself from PointsBet sportsbook?
Like other sportsbooks, PointsBet has an entire section dedicated to raising problem gambling awareness and prevention. You’ll find guidance on responsible gambling as well as tools to limit your deposits and time spent on the site. Finally, you can self exclude via the IGB program; this action will prevent you from using PointsBet services as well as placing bets with other gaming operators licensed in Florida.
Can I bet with PointsBet sportsbook in person?
Not yet, but you’ll likely be able to soon, once PointsBet strikes a deal with the Seminole Tribe. We’ll keep you posted on all the latest developments via this page.
How does PointsBet compare to other Florida sportsbooks?
It’s hard to dispute PointsBet’s greatness after reviewing all of its aspects in detail. The groundbreaking PointsBetting wagering options set it apart, but the sportsbook has also adopted a slew of well-received widgets like the Partial Cash Out and Name a Bet features.
What’s more, new customers are handsomely rewarded with a massive welcome bonus and can reap a myriad of other benefits later on. PointsBet has only been around for a few years, but it’s already making a splash on the US sports betting scene, and that’s because everything about the site is high quality.