PointsBet NY App Review: November 2024

At PointsBet NY you get everything you can expect from a top operator and more. Below, you can read more on our review for the PointsBet app and how it stacks up against the other sportsbooks in the New York sports betting market.

PointsBet NY Sportsbook is known for creative betting markets and frequent odds boosts. Below, we cover the sportsbook's betting features, how to download the app, and much more. 

PointsBet New York Details

Available Sports At PointsBet New York

Legal NY Sports Betting operators offer a wide variety of bets that can be placed. Here is the list of sports a New York bettor can wager on with PointsBet New York.

Players will be able to bet on college and professional sports, mainstream and niche sports ... you are going to find something you enjoy. 

Pros & Cons Of PointsBet New York

The PointsBet website and mobile app are user-friendly and are a host to various different types of bets. PointBet New York can be accessed via the Apple App Store and Google Play, and is supported online by any browser type.

PointsBet differentiates itself from other NY Sports Betting Apps, such as FanDuel New York, with its self-titled gambling option called, "Points Betting." Points Betting is a type of betting that closely resembles options trading in the stock market. If bettors wins their wager by 15 points, they make 15x their initial wager. However, if the bet loses by 15 points, bettors lose 15x their stake. This new way of betting is intriguing and unique in today's market.

PointsBet NY Monthly Betting Revenue

PointsBet New York is No. 5 in total handle in New York all-time with $358,376,465, trailing BetMGM NY in fourth place and just ahead of BetRivers NY in sixth.

PointsBet agreed in May to sell its assets to Fanatics.

PointsBet New York Sportsbook: Best For Online Sports Betting Landscape

PointBet NY is great for the online sports betting landscape since they incorporate basic betting options such as spreads, sides, totals, and parlays while also offering new ways to bet like PointsBetting and picking your own spreads and totals on games. These offerings are unique and help PointsBet New York distinguish itself from other major bookmakers. PointsBet is also great for its ease of use, its sleek app and website design, and the wide menu of events on which a bettor can place wagers. It is certainly equivalent, in terms of quality, to other operators such as BetMGM New York.

History Of PointsBet NY

PointsBet is an Australian-based sportsbook that has done a great job expanding its reach into the US, similar to Caesars Sportsbook New York and other brands with a strong overseas presence.

In January 2019, PointsBet launched in the US and is operational in: Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, New Jersey, New York, Pennsylvania, Virginia and West Virginia. As states continue to legalize sports betting, it is expected that PointsBet continues to grow its market share. PointsBet New York has established a strong reputation as a bookmaker compared to other major players, such as BetRivers NY, due to a few varieties of prop bet offerings, Points Betting, and easy-to-use mobile sports betting.

New York bettors love to bet on the NFL, NBA, NCAAF, NHL, MLB and NCAA hoops. These professional and collegiate games will be the most popular markets in New York.

 

Types Of Sports Bets By Popularity

As you can see above, PointsBet New York offers a wide array of bets, especially in comparison with other retail New York sportsbooks. Casual bettors love to dabble in parlays and prop bets while more serious bettors will be fixated on straight bets and total lines.

• Straight Bets A straight bet is a wager placed on a team involving the spread. For example, a typical NBA game can have the Knicks +4.5 and the Nets -4.5. Choosing one of these sides is a straight bet.
• Total Lines A total bet is a wager placed on the final outcome of points in the selected event. For example, a bettor can place a wager on over 40 total points in the New York Jets vs. the Buffalo Bills.
• Moneylines A Moneyline bet is a wager where the bettor chooses one team to win the game outright and does not include a spread. This wager can be the Knicks +125 and the Nets -200.
• Parlay Bets A parlay bet is a type of bet that includes more than one wager. In order for a parlay to hit, all of the selected events must all win. Parlays combine the odds of the straight bets attached to it. A player can bet the Knicks +4.5 and New York Giants moneyline for an increased payout.
• Futures Bets A future bet is a bet on an event that takes place later in a season. For example, a bettor can take the New York Rangers to win the next Stanley Cup before the NHL season begins.
• Prop Bets Prop bets are wagers that correlate directly to an event but are not actually choosing a side or total to win. A prop bet can be a wager on a player to score a touchdown or a bet on the total field goals made in a game.

Great Betting Features On The PointsBet New York Sportsbook

PointsBet sportsbook has done a great job differentiating itself by utilizing certain features that are not offered by most online sportsbooks or even on an offshore sportsbook. For starters, PointsBet NY offers player props such as quarterback completion percentage and true field goal percentage for players in NBA games. PointsBet New York also utilizes their unique betting tool called PointsBetting and Make Your Own lines for various events.

• Points Betting Points Betting is a new, unique, and innovative way for bettors to engage in events. Here's how it works: say a bettor wants to place a bet that Tom Brady will have over 250 passing yards. If a player utilizes PointsBetting, the player would win multiple their winnings based on how many yards over the total the bet goes. Conversely, if the bet loses by any amount, the bettor needs to pay a multiple of how much they lost. So, if the total is 250, and the number ends at 255, a $10 bettor nets $50. If the number ended at 245, the same bettor loses $50.
• PointsBet New York Live Betting When an event begins, PointsBet New York allows bettors on their mobile app and website to place wagers as the game is in play. PointsBet NY will allow live betting for all markets offered. The rules for live betting are the same as the rules for the event before going live. In soccer or hockey, a live bettor who picks someone to score a goal will not cash their bet if the player scores an own goal.
• PointsBet Cash Out Option PointsBet New York is also unique in its offering of cash-out options while an event is still live. By navigating to pending bets, a bettor can choose to cash out of a wager and collect their money back. Depending on how the event is going, PointsBet will either offer a bettor less money back since the bet is already losing or more money if the bet looks like it will be a winner. This is a great tool for risk management and allows players to take less of a loss early in an event.
• PointsBet Odds Boost Similar to other up-and-coming operators such as DraftKings New York, PointsBet will allow bettors to enhance odds as a promotional tool. Enhancing odds means that the sportsbook offers better odds than what is listed currently for the event. Boosted odds generally come with a max wager amount and this amount varies from game to game.
• Same Game Parlays at PointsBet NY Not only does PointsBet New York offer parlays, but PointsBet also allows users to create same game parlays (differently from other operators, such as FanDuel Sportsbook New York). Same-game parlays are parlays that stack together multiple wagers for the same event. A player has the ability to combine multiple bets such as touchdown scorers, total points, and other player prop bets for a larger payout on the same game.
• Bets Allowed When it comes to parlays, bettors are not limited to only taking bets in the same market or the same game. A bettor can place a parlay across multiple sports. For example, a player can take an NHL team Moneyline, a total in a football game, and an NBA game against the spread all combined into one bet.
• Live NY PointsBet Sports Streaming PointsBet New York is partnered with NBC Sports and is allowing users to stream games live on the app or website. Bettors can simultaneously watch games on the app and take live bets on the event. These live-streamed events will generally be events that are taking place during odd times. Sports included are esports, volleyball, tennis, soccer, and table tennis.

Sign Up At PointsBet New York

Creating an account for PointsBet NY is a very simple task. By downloading the mobile app or accessing their website, new bettors can click the signup button in the top right-hand corner and begin the process. Bettors need to provide their name, email, date of birth, and social security number to confirm their identity. Players need to be 21 or older to make an account.

New York PointsBet Sportsbook Payment Options

To get started betting, PointsBet New York has made it very simple and convenient for new users to deposit money and begin taking action. PointsBet NY offers a few online banking options to refill an account and also withdraw winnings.

Funding Your Account

Funding a PointsBet NY account is an easy process. After completing the sign-up process, bettors can navigate to the deposit tab to start filling an account with funds. PointsBet currently allows bettors to deposit money through credit cards, debit cards, PayPal, checks, and online banking.

Cashing Out

After placing and winning bets, a bettor can easily navigate to their balance, by clicking the arrow in the top right corner, and can select withdraw. The process is easy and generally seamless. Bettors can easily see their available balance and withdrawals usually take 1 to 2 business days to process. Bettors can withdraw funds the same way they deposited them.

PointsBet New York Payout Methods