PointsBet New York Sportsbook 2024 Review

Last Updated: Oct 30^th, 2023

PointsBet New York Sportsbook brings all its finest features, including partial cashouts and “Name a Bet” to the Empire State. This operator is already a hit in other US states and we expect the same here. Moreover, it has partnerships with NBC and a host of pro sports leagues, including the NBA. Scroll for our comprehensive, honest PointsBet New York review before you sign up.

Our Honest PointsBet Review

PointsBet brings its unique brand of Points Betting to the Empire State. It’s among the well-known New York online sportsbooks. It scores well in all major categories, including betting bonuses, markets, odds and banking options. It also has the unique advantage of offering Points Betting. Even if you’re only into traditional betting, you’ll find more than enough markets to choose from. Our only real complaint is that the promotions could be more frequent. Overall, PointsBet looks to become one of the more-popular New York betting sites for a reason.

Overall Rating for PointsBet NY: (4.3 / 5) 
 

PointsBet Review Breakdown:

Here’s how we break down PointsBet while performing our review:

1. No-Deposit Bonuses and Bonus Bets: 4/5

While PointsBet isn't currently featuring a specific bonus , they have a history of providing generous offers to their users. We anticipate exciting promotions in the future based on their past initiatives. In the meantime, you can still enjoy their platform's unique features and betting options. Remember to check back or refer to our review for updates on their latest promotions.

2. Odds Boosts and Other Betting Promotions: 4/5

PointsBet rotates their promotions around on a fairly regular basis, based on our experience with this brand in other states. At the time of this review, it’s offering the “Lead by 2, You Win” and Refer-A-Friend promos. It also features an outstanding rewards program (covered later) that helps you potentially earn extra money. Some PointsBet promotions merely call on you to opt-in, while others require a code. You can find out about the offers either through the promotions page or the email newsletter.

3. Quality of Odds VS. The Competition: 4/5

The quality of odds essentially refers to what juice (a.k.a. vig) operators take from losing bettors. On spread and totals bets, for example, the average bookmaker takes 10% juice (-110 odds) from the losers. PointsBet typically falls in line with the industry average on point spreads and totals. It’s in tune with Caesars and FanDuel, for instance, which both offer standard -110 odds. When PointsBet deviates from the norm, it usually splits odds, with the favorite featuring -105 odds and the underdog featuring -115 odds.

4. PointsBet New York Sportsbook Features and Experience: 5/5

PointsBet really stands out in terms of features. It specifically differs from the competition by offering Points Betting and Name A Bet.

Name A Bet: Refers to requesting that PointsBet add a specific type of wager. Name A Bet gives you some say regarding available markets.

Points Betting: Pays out based on the accuracy of your chosen outcome. For example, you might bet the over on an NBA totals line of 207.5 points. If the teams combine for 217.5 points, then you’d win 10x your bet. However, you’d lose 10x your wager if the teams only scored 197.5 points. No other NY competitor is currently offering this type of wagering.

Live Same Game Parlays - NBA & NFL

Points Betting

New Yorkers can bet in a completely different way at this sportsbook, thanks to Points Betting. Unlike traditional fixed odds bets, every point matters with this type of wager. For example, if the line on the Knicks was 80 points and they scored 90 points, you’d win 10X your bet.

Request a Bet

Otherwise known as “name a bet,” this feature gives you a chance to create a wager that the oddsmakers haven’t thought of. You can find it in the “name a bet” lobby with some associated odds.

Live Same Game Parlays on NBA & NFL

PointsBet New York features live same game parlays. Rarely available in online betting, a live same game parlay lets you build parlays while games are happening. PointsBet NY is currently offering the live version for NFL and NBA games.

5. Market Variety and Bet Types: 4/5

This operator covers all main sports, such as basketball, baseball, football, and hockey. PointsBet also features smaller markets, such as darts, table tennis, and volleyball. As for bet types, you’ll have access to all common wagers and unique wagers.

6. Depositing and Cashing Out: 5/5

PointsBet accepts major credit cards, PayPal, bank transfer, eCheck, and PayNearMe. As for withdrawals, you can get your money via bank transfer, eCheck, and PayPal. You can start after depositing as little as $10. Most withdrawal options deliver your money within 1–3 days.

PointsBet NY Wagering Requirements: None

PointsBet NY Withdrawal Time: 1-3 days

PointsBet NY Minimum Deposit: $10

7. Mobile App Design & Performance: 3/5

The PointsBet app is fine in terms of navigation. However, the black-and-red color scheme isn’t our favorite. It becomes hard to look at after a while. You can download the PointsBet app through Google Play or the App Store. PointsBet features a 4.6 rating at Google Play and 4.7 at Apple.

Mobile Sports Betting Experience at PointsBet

The PointsBet New York mobile app mirrors the desktop site. You can install the iOS or Android app, log in, and place pre-event and live bets. You’ll also be able to find a full range of bonuses, watch live streams, and take advantage of features such as request a bet.

8. Rewards Programs & Loyalty Offers: 5/5

The PointsBet Rewards program lets you earn points with each wager placed. You can redeem these points for cash as soon as you’ve earned 250 points. The exchange rate is $1 for every 100 points.

PointsBet NY Compared to New York Sportsbooks

Although it doesn’t have the same brand recognition as FanDuel or Caesars, PointsBet compares favorably to these sports betting giants. It offers competitive bonuses, plenty of markets and innovative features.
Caesars and FanDuel do edge PointsBet out regarding market variety. Both feature just about every sport you could think of. However, PointsBet gains the upper hand in terms of features. No New York sportsbook can match its Name A Bet and Points Betting options.

PointsBet is one of the best New York betting sites for features. You won’t find its innovative offerings anywhere else in the market. It also fares well in most other categories, such as bonuses, bet types, markets and rewards.

Meanwhile, FanDuel and Caesars provide great all-around experiences. They cover the most markets and offer more promotions than PointsBet.

How to use the PointsBet New York Betting App

Some people love the black and red color scheme at PointsBet, others won’t. Irrespective of your aesthetic tastes, this sportsbook is ideal for New York customers. The sports menu is housed inside a retractable boxout that appears on demand. This gives the latest betting odds prime position on your screen.

Anyone in the state of New York with access to PointsBet can also make pre-event and in-play bets. Additionally, it offers parlays, and you’ll also be able to watch live sports streams via your desktop or mobile device.

Finally, if you need another reason to hit the sign-up button, PointsBet offers unique ways to bet in New York. We’ll cover these later on in this betting review. For now, just know that there are wagers you won’t find at any other New York sports betting site.

Creating a PointsBet Account in NY

Sports betting in New York is open to anyone aged 21+ and located in the Empire State. You don’t have to be a native New Yorker, but you do need to be in New York City or any other part of the state. If that applies to you, follow these steps to join PointsBet NY sportsbook:

1. Head to the PointsBet registration page. 
2. Allow the geolocation software to ascertain your location and confirm that you’re allowed to bet in New York.
3. Enter your personal details, including the last four digits of your Social Security Number (SNN).
4. Create your PointsBet login by inputting a username and password.
5. Verify your account, log in, and make a deposit to start betting in New York.

PointsBet NY Payment Options

• Visa Credit Card (Deposit Only)
• Visa Debit Card (Deposit Only)
• MasterCard Credit Card (Deposit Only)
• MasterCard Debit Card (Deposit Only)
• PayNearMe (Deposit Only)
• Online Bank Transfer
• PayPal
• ACH/eCheck

Regulations set out by the New York Gaming Commission ensure that every deposit and withdrawal you make it guaranteed. In other words, PointsBet has a duty to not only protect your money but honor payment requests. Not only that, it has honor the odds it offers, as well as its promotions. Basically, if anything is out there for the public to see, it’s an official product and PointsBet has to deliver on its promise.

The minimum deposit at this NY online sports betting site is $10 and withdrawals should start at $5 if you use ACH/eCheck. The average processing time for cashout requests is 24-48 hours, which means you should receive your winnings within 3-7 working days.

How to Place a Bet on the PointsBet App

Placing a bet is a three-step process at PointsBet:

1. Tap the symbol showing three horizontal lines to open the sports betting menu.
2. Choose a sport and scroll through the list of odds that appear in the center of the page.
3. Tap the odds on the bet you want to make, enter your stake, and confirm the wager.

PointsBet should offer parlays, moneyline betting, exactas, over/under bets, and many more wagers. New York bettors can also try innovative features such as Points Betting. All of this is great, but it counts for nothing if you haven’t got anything to bet on. 

Fortunately, PointsBet covers more events than almost any other sports betting site due to launch in New York. Indeed, as well as Empire State favorites like baseball and basketball, you’ll be able to speculate on popular sports worldwide.

New York Sports Betting Options at PointsBet

• Aussie Rules
• Baseball
• Basketball
• Boxing
• Cricket
• Cycling
• Darts
• Entertainment
• eSports
• Football
• Golf
• Handball
• Hockey
• MMA
• Motor Racing
• Rugby League
• Rugby Union
• European & MLS Soccer
• Table Tennis
• Tennis
• Volleyball

Best New York Sports Teams to Back or Fade

All online and mobile sports betting sites in the Empire State cater specifically to New York residents by offering top odds on local teams. PointsBet is no different, so it pays to be aware of the leading sports teams in the state of New York.

The good news is that the New York market is filled with top-quality franchises. There are fantastic collegiate programs, but it’s the pro ranks where the state really shines. For example, in the NFL, you’ve got the New York Giants and the New York Jets, both of which always do well.

In the NBA, you’ve got the legendary New York Knicks and the less popular but still entertaining Brooklyn Nets. There’s also one of the leading WNBA teams in the US, New York Liberty. Then, of course, there are the infamous New York Yankees and the always-competitive Mets.

Finally, you can look out for odds and offers on a variety of local hockey and soccer teams, including:

• The New York Rangers (NHL)
• The New York Islanders (NHL)
• The New Jersey Devils (NHL)
• The New York City FC (MLS)
• The New York Red Bulls (MLS)

Daily Fantasy Mobile Sports Betting in NY

PointsBet can only offer standard betting options on sports in New York e.g. parlays, live bets, props, and moneyline bets. If you want to enter Daily Fantasy Sports competitions, check out DraftKings and FanDuel.

PointsBet NY Sportsbook is one of eight licensed operators in the Empire State that have gone live since the official launch on January 8, 2022. This sportsbook offers a full range of services, including pre-event and in-play betting, live streaming, “name a bet,” and Points Betting. All licensed New York sportsbooks were live before the 2022 Super Bowl to offer odds on the biggest betting event of the year.

Who can bet on sports in New York?

• Anyone that’s 21 years old or above
• Bettors currently located within state lines (geolocation required)

Latest New York Online Betting Updates

The New York Gaming Commission made sports betting legal in April 2021 and, by November, nine operators were approved for a license, including PointsBet. What’s unique about PointsBet is that, unlike other New York sportsbooks, it doesn’t have a retail partner. That means you can’t go to a physical location in New York City (or anywhere else in the state) to bet on sport. Instead, everything is done online.

However, it’s important to note that this doesn’t affect the company’s credentials. Even though it doesn’t have a casino partner like other NY online and mobile sports betting operators, it is linked to NBC. That gives it enough status and standing within the US to hold a New York State gaming and betting license. Finally, just to make it absolutely clear that PointsBet is a legit operator, it also has partnerships with professional sports leagues in the US, including the NBA and NHL.

Additionally, the brand keeps working with amazing brand ambassadors that keep instilling trust in users who decide to use the platform. This is especially important for new markets, where the brand is expanding. PointsBet Maryland sportsbook recently went live in MD and the PointsBet Ohio sportsbook is yet to launch on January 1, 2023. Judging from the brand's popularity in other states, it'll make an impact in these new legal sports betting territories.

How the PointsBet App Compares to other NY Sportsbooks

We said earlier in this PointsBet New York review that it offers things other NY sports betting sites don’t. Things such early payouts and partial cashouts are unique within the New York sports betting scene. However, the features that really stand out from the crowd are Points Betting and request a bet. You won’t find these at other US online sportsbooks, which is why this operator has become of the top names in the business.

No PointsBet Physical Locations in New York

PointsBet does not currently offer any retail locations in New York. While it does have a retail sportsbook at Illinois’ Hawthorne Race Course, it’s not typically known for land-based betting. That said, we have no idea if PointsBet will feature NY retail betting.

 

You can contact PointsBet through email or live chat 24/7. We reached out to PointsBet via live chat and connected with a rep in 30 seconds.

Responsible Gambling with PointsBet New York Sportsbook

This betting site offers multiple options to promote responsible gambling. Depending upon your needs, you can request any of the following:

• Track your financial transactions
• Time limit in between deposits (1, 7 or 30 days)
• Time limits on how long you’re on the site.
• Self-exclusion from PointsBet (1 year, 5 years or permanently)

PointsBet’s features are what stand out the most. If you’re looking for something different, Points Betting and Name A Bet are what you need. This betting site also offers a huge welcome bonus, plenty of banking options and two dozen markets. While it could stand to improve on aesthetics and promotion frequency, PointsBet is still an upper-tier NY sportsbook.

Didn’t find what you were looking for? How about these instead:

• FanDuel NY Sportsbook - a major player in the NY online sports betting game thanks to great promos, generous odds, and its fantasy sports competitions.
• DraftKings NY Sportsbook - has tons of fantastic features, but it really stands out thanks to its fantasy sports competitions, pool betting, and loyalty scheme.
• WynnBet NY Sportsbook - a fairly new name in the online sports betting world but it’s coming in hot with great promotions and impressive in-play offers.
• BetMGM NY Sportsbook - has quickly become one of the leading names in US sports betting. Its welcome bonus is great, the software is slick, and it offers odds on more sports than almost every offer bookie.
• Caesars NY Sportsbook - Caesars is solid in all areas, but we really love its expert tips. So, any New York bettors that want extra advice should check out this sportsbook.
• BetRivers NY Sportsbook