PointsBet Promo Code - 5 Risk Free Bets up to $100 Each + Additional Bonus Offers

If you're looking for a promo code, bonus plays, or free bets to bolster your sports betting experience, PointsBet has you covered. It currently has two different promotions running for its six licensed online sportsbooks, including up to a $500 refund if your first fixed odds bet loses.

New users also can choose up to a $250 deposit match upon their initial deposit, and all free bets accrued have a one-time playthrough requirement which is among the best that we've found among the sportsbooks we've reviewed.

It also includes several different promotions like odds boosts, parlay boosts, and rewards that improve the betting experience for everyone. Each PointsBet offer is better than the next. Let's get into them.

PointsBet Online Casino Bonus Code

PointsBet's online casino is currently only offered as a Michigan casino. It is not yet in any other legal state. If you're looking for a legal Pennsylvania casino, we might recommend BetMGM PA Casino. While there are no casino-specific bonus or promotion codes, players can take advantage of the initial sign-up bonus of a $250 deposit match.

Those funds can be used at both the sportsbook and casino, so bettors who are only interested in using the casino can still take advantage of that PointsBet bonus. The risk-free fixed odds bet and PointsBetting wager cannot be used at the casino.

It's possible that specific casino promo codes become more commonplace as more states legalize online casino gaming.

PointsBet Sportsbook Promo Code

The PointsBet online sportsbook promo codes are among the best we've found when conducting a sportsbook review. Bettors have the ability to earn up to $500 in free bets when they first join PointsBet.

Sports bettors receive those bonus bets immediately and are only required to play through those free bets one time, which is as good as it gets; and something we noted in our sportsbook review of PointsBet. A small yet added bonus is that no PointsBet promo code is required to earn those perks. The PointsBet sportsbook will automatically refund your first losses in the form of risk-free bets and them to your account.

Sports bettors can choose a different PointsBet Sportsbook promo code that earns them up to $250 in deposit matches. Like the risk-free bets, the bonus funds are available immediately and only need to be played through one time to be withdrawn.

In addition to the sign-up deposit match, PoinstBet makes the sports betting experience a better one by routinely offering odds boosts, parlay insurance, and free bets to help bettors maximize their potential payouts.

PointsBet Sportsbook
Total Bonus Available$500
No Deposit BonusN/A
Deposit Bonus (Free Bet Offer)$500
Free Spin OfferN/A
Playthrough7 Days to Use

PointsBet No Deposit Promos

PointsBet currently does not have any no-deposit promotions that would allow bettors to place a wager without depositing any of their own money.

However, PointsBet does have a deposit match which allows users to use free bets up to the initial amount deposited before wagering their own funds. In that sense, someone could deposit $250, receive $250 in free bets, and use them before ever touching their cash deposit.

PointsBet Deposit Match Bonuses

PointsBet offers a deposit match of up to $250 to all new users. Bonus funds will be credited to bettors within 24 hours, though it's usually much quicker than that.

Users will need to play through those bonus funds one time before they can be withdrawn. This is one of the better playthrough requirements of all the US betting sites we have reviewed.

Free Bets at PointsBet

PointsBet offers several different free bet options. The most prevalent ones are those risk-free bets that bettors can redeem if they lose their first fixed-odds sports bet, up to $500. Use the PointsBet promo code: GAMBLE5RF.

Other ways to gain bonus bets include referring friends to PointsBet, racking up and redeeming points, a payout from the Karma Kommittee on a bad beat, and even birthday bets.

How to Redeem a PointsBet Promo Code

Like many of the actions on PointsBet, redeeming a promo code is a simple process. The best PointsBet promo code is GAMBLE5RF. Input this code during the signup process to receive the PointsBet promotional offer.

Bettors will need to register by giving the standard information required at all US gambling sites, including name, email address, address, and billing information. They'll also need to provide the last four digits of their Social Security number for age verification and to set up a geolocator to prove they are located in a state that allows betting and has a licensed PointsBet online sportsbook.

Check Bonus Funds on the PointsBet Mobile App

One of the best parts of PointsBet's promo codes and bonus bets is that users will readily know what funds are available to them. On the top right of both the desktop website and the PointsBet app, bettors can see their bankroll and their reward points. To the left of those numbers, bettors can see the "free bets" funds available to them.

When bettors are placing a bet on the PointsBet app, an option to use those free bets populates in the bet slip. There are no gimmicks or hoops to jump through when seeing, accessing, or using these bonus funds. Like so much of the PointsBet sportsbook as we mentioned in our review, ease of use is one of the biggest positives.

How long do bonus funds take to arrive?

PointsBet Bonus funds are available almost immediately for bettors to use. Whether bettors have accrued the bonus funds through an initial sign up bonus, cashing in points, a birthday, or some other form, those funds are available to be bet on right away.

It's become a standard feature at most operators, but it's still a nice feature that PointsBet provides to its users.

Additional PointsBet Promotions

PointsBet online sportsbook is currently is legal in Colorado, Illinois, Iowa, Indiana, Michigan, New Jersey, and West Virginia. With the continued legalization of online sports betting across the United States, we expect PointsBet to continue expanding its reach in the space.

There is, routinely, a promotional PointsBet offer free bets and bonus bets for the local teams in its respective states in addition to the promotions it offers on nationally televised and other important national games and events.

  • Name a bet

    There isn't a more unique feature that we've come across than the PointsBet promotions that allow bettors to name their own bet. Bettors can reach out to PointsBet with a particular bet they would like to see on the website or sports betting app. PointsBet then creates odds for that specific bet and allows the public to place wagers on it.

  • Odds boosts and parlay boosts

    Like most operatprs, PointsBet has gotten in on the odds and parlay boosts game. The sportsbook will often offer odds boosts on local teams to win certain games, bumping their odds to cover the spread from -110 to +110 or their moneyline from +130 to +200. This also goes for nationally-televised or postseason games in several major markets like the Super Bowl or NBA Finals. In addition, bettors can take advantage of a daily parlay boost of at least three legs. They're small bumps in odds that add up over time and incentivize bettors to place wagers on the most popular markets.

  • Bet and Get

    While PointsBet does not have a traditional "bet and get" feature, they often feature promotions that give bettors who have wagered a certain amount on a game some bets for free based on a team's performance. For example, during March Madness, PointsBet will offer bettors who have placed $100 on a team to cover $3 for every 3-pointer it makes during the game, regardless of the outcome. Like Most PointsBet offers, these are often connected to local teams in addition to nationally televised games.

  • Loyalty VIP Program

    All users are automatically signed up for PointsBet's rewards program. Though there are no loyalty or VIP programs, bettors will receive points for every bet they make. This includes 1 point for every $5 placed on a fixed-odds sports bet and 1 point for every $1 wagered on a parlay. Bettors also receive 100 points for a $100 parlay, 200 points for a $200 fixed-odds sports bet, and 300 points for a $300 PointsBetting win. Bettors can redeem these points for bonus bets, with 1000 points equaling a $10 free bet.

States Eligible for Bonus Offers

PointsBet is currently in seven different states: New Jersey, Michigan, Colorado, Indiana, Illinois, Iowa, and West Virginia. Most of the states offer the same promo codes and bonus bets, with the difference being that Michigan also offers an online casino in addition to its sportsbook.

New Jersey Gambling OnlineYes
Michigan Gambling OnlineYes
Colorado Gambling OnlineYes
Indiana Gambling OnlineYes
Illinois Gambling OnlineYes
Iowa Gambling OnlineYes
West Virginia Gambling OnlineYes

PointsBet Promo Bonus New Jersey

PointsBet's first online sportsbook presence occurred in New Jersey, where it launched in January 2019 in partnership with Meadowlands Racetrack in East Rutherford, New Jersey.

Learn more about New Jersey Sports Betting

PointsBet Promo Bonus Michigan

PointsBet launched its online sportsbook in Michigan in May 2021, quickly forming official partnerships with the MLB's Tigers, NHL's Red Wings, and NBA's Pistons. In addition, PointsBet Michigan is the first sportsbook to feature an online casino, which also launched in May 2021.

Learn more about Michigan Sports Betting

PointsBet Promo Code Colorado

PointsBet launched its online sportsbook in Colorado in November 2020 with Double Eagle Hotel and Casino in Nipple Creek. What's more, PointsBet opened a U.S. headquarters in Denver shortly after launching the online sportsbook. The sportsbook also has myriad partners in the state, including the NBA's Nuggets, the NHL's Avalanche, the University of Colorado, and the National Lacrosse League's Colorado Mammoth, giving it the most partners of any PointsBet sportsbook.

Learn more about Colorado Sports Betting

PointsBet Promo Code Indiana

PointsBet launched its online sportsbook in Indiana in March 2020 alongside the Hollywood Casino in Lawrenceburg. PointsBet currently has a deal with the NBA's Pacers and NFL's Colts as their betting partners.

Learn more about Indiana Sports Betting

PointsBet Promo Code Illinois

PointsBet launched its online sportsbook and mobile app in July 2020. With five professional teams in the state, PointsBet often offers odds boosts on local teams' games. They are partners with Hawthorne Race Course in Hawthorne, Ill. The state of Illinois lifted in-person registration and went fully online on March 5th, 2022 which means you can open your PointsBet Illinois account right now and claim their bonus by clicking the link below.


Learn more about Illinois Sports Betting

PointsBet Promo Code Iowa

PointsBet launched its online sportsbook and mobile app in Iowa in January 2021. Its affiliated retail casino is Catfish Bend Casino in Burlington. Bettors can use the promo code "GAMBLE5RF" to redeem their risk-free bets.

Learn more about Iowa Sports Betting

PointsBet Promo Code West Virginia

The Australia-based operator launched their mobile betting app and online sportsbook in West Virginia on August of 2021. Its affiliated retail casino is Hollywood Casino at Charles Town Races. This is now the seventh and the most recent state PointsBet operates in, similar to the other states, bettors in WV can use promo code "GAMBLE5RF" to unlock 5 risk-free bets of up to $100 each.

Learn more about West Virginia Sports Betting

PointsBet Promo Code Arizona

PointsBet is expected to go live in Arizona in the fall of 2021, following the legalization of online sports betting in April. It's a good bet that a similar promotion will be available for users in the state — as well as any other states that PointsBet eventually goes live in.

Learn more about Arizona Sports Betting


PointsBet offers a handful of promotions, but the best promo code bettors should is GAMBLE5RF to access the PointsBet 5 Risk-Free Bets up to $100 each for first-time users.

GAMBLE5RF is the best promo code for PointsBet. Bettors should then get 5 risk-free bets up to $100 each.

PointsBet promo codes do not expire. However, the funds received in deposit matches or risk-free bets must be used within seven days of when they were issued.

PointsBet's main promotion of 5 risk-free bets up to $100 each has been around for quite some time. The sportsbook routinely changes up its promotions across the website based on local matchups, in-season sporting events, and nationally televised games. There is always something new in the way of promotions and bonuses.

PointsBet's current sign up bonus offers five risk-free bets up to $100 each for a total of $500 risk-free.

Yes, the PointsBet mobile app offers a near-identical experience as its desktop counterpart. Any bonus codes that are redeemable on the desktop website are also available on the PointsBet sportsbook app. The PointsBet app is one of our favorites of all the ones we've reviewed, and its seamless experience is one of the main reasons.