PointsBet is one of the fastest-growing betting sites in Australia. After launching in 2017, as Australia's only spread betting site, PointsBet has since grown to expand its offerings to include fixed-odds betting (traditional betting) as well as multi betting and Name-a-Bet options giving punters a lot of betting options to choose from.

Actually, PointsBet offers over 1,000 different betting markets for every AFL, NRL, and NBA match - the most of any bookmaker in the world.

PointsBet is Australian-owned and operated, with its headquarters in Melbourne and its gambling licence coming from the North Territory government. PointsBet is listed on the ASX - Australian Securities Exchange - and it is also one of the fastest-growing betting sites in the USA.

Even though PointsBet has tons of fixed odds, spread betting, and multi opportunities, we've found that their odds are generally not very competitive, particularly for horse racing, same game multis, live bets, and derivative betting markets.

PointsBet is also missing important sections like a play-by-play betting interface, live streaming options, and many special bet types for racing.

Why we like PointsBet ✅

• PointsBet's withdrawal times are generally pretty fast (bank withdrawals only)
• The only bookie in Australia with spread betting - earn more based on how 'correct' you are
• The most betting markets for AFL, NRL, and NBA in the world with fixed odds, spread betting, multi and Name-a-Bet options

Why we don't like PointsBet ❌

• PointsBet's payment options are limited, especially for withdrawals
• PointsBet is pretty bad for racing and its features are too gimmicky for serious players

PointsBet Rating: 8/10 ⭐⭐⭐⭐⭐⭐⭐⭐

• How to Use PointsBet
• PointsBet Spread Betting
• PointsBet App
• PointsBet Promos
• PointsBet Features
• PointsBet Contact

With fixed odds, spread betting, multi betting and Name-a-Bet options, there are tons of ways to bet on PointsBet Australia. In fact, for every AFL, NRL and NBA match there are over 1,000 betting markets available to bet on.

But before you bet, you're going to need to create your free account, and deposit funds.

Here's everything you need to know about betting on PointsBet.

1. PointsBet Sign-Up

PointsBet's sign-up process is quick, easy and free.

To sign-up at PointsBet simply:

1. Click on the 'Visit PointsBet Australia' button below
2. Click 'Sign Up' on the PointsBet website
3. Enter some basic personal information
4. Click 'Join PointsBet'

2. PointsBet Verification

Based on the information you give PointsBet when signing up, they will automatically try to verify your account with the Credit Bureau. Note that this does not mark or alter your credit history in any way.

If unsuccessful, you will get an email prompting you to manually verify your PointsBet account.

To verify your PointsBet account you need to:

1. Go to the 'My Account' section of the PointsBet site
   
2. Click on the 'Verify Account' button
3. Choose a document to use to verify your identity (eg. passport, medicare card, drivers license)
4. Upload a picture or copy of the document you selected

Note that you have 14 days to verify your PointsBet account before betting activity will be suspended. You can still access your suspended PointsBet account but you will not be able to place any more bets. Your PointsBet account also needs to be verified before you can withdraw any funds.

3. PointsBet Payment Methods

Perhaps the weakest aspect of PointsBet's betting site is their payment options. While there are certainly enough ways to deposit and withdraw for the average Aussie punter we would love to see a few more options like PayPal and Apple Pay.

4. How to bet on PointsBet

Note that to see the full range of betting markets and promotions available on PointsBet you will need to create your free account and log in.

Once logged in, you'll see that the PointsBet homepage is packed with the most popular sports betting markets. At the top of the screen are images that can be clicked to enter the given league or sport that you want to bet on. Below this, you'll see featured sports which can be selected to display all of the betting markets available. On the right-hand side of the screen are all of the upcoming races and sports, each with a countdown timer showing you how close they are to starting.

To find a sport that is not featured you'll want to click on the menu icon in the top-left hand corner of the screen. You can also access your account at any time by clicking on your email address in the top right-hand corner of the screen.

How do you place a bet on PointsBet?

1. Make sure you have signed up with PointsBet
2. Log in and make a deposit
3. From the homepage, select the sport you that want to bet on
4. Find the market you want to bet on by scrolling and clicking through your options
5. Select the odds you want and enter your stake
6. Click 'Place Now' or 'Place Bet'

For more information on spread betting see the section below.

Because Spread Betting is only offered by PointsBet in Australia, you may not be familiar with how it works. Don't worry, Spread Betting is easy to understand and it can be a very lucrative way of wagering (although it is very risky).

What is Spread Betting?

Spread Betting, or Points Betting as PointsBet likes to call it, is a more common way of betting in the USA.

In a nutshell, your potential winning and losses are not fixed when Spread betting. Instead, you choose an outcome, and the more that your bet beats this outcome by, the more money you will win. However, if your bet loses, then the more your bet falls short of the outcome by, the more you will lose.

How Does Spread Betting work on PointsBet?

Your bets win or lose, by varying degrees based on your bet type.

If your bet wins by one point (or unit), you will win 1x your bet stake. If your bet wins by 2 units, you will win 2x your bet stake. If your bet wins by 10 units, you will win 10x your bet stake. On the other hand, if your bet loses by 1 unit, you will lose 1x your stake. If your bet loses by 10 units, you will lose 10 x stake etc.

Note that Spread Betting is not available for every match on PointsBet. If Spread Betting is available for the sport that you want then you will find a Spead Betting tab at the top of the match you select. Spread betting is available for all US sports as well as other popular leagues like the AFL, NRL, EPL etc.

PointsBet Spread Betting Rules

Max Win & Loss Levels

All spread bets on PointsBet have a maximum win and loss level that can be found in your bet slip when you are placing your bet. Because Spread Betting returns and losses are unknown when you are placing your bet, Pointsbet will always tell you how much you are eligible to win, and how much you are eligible to lose, when placing a spread bet.

Withheld Levels

You maximum loss level will be withheld until the result of the match you are betting on is certain. This means that you will need to have the maximum loss level in your account when you place your bet as insurance that you can pay any losses that may incur.

Stop Losses

To minimize your losses, PointsBet will often let you set your own Stop Loss. This means that you can choose what the maximum win and loss levels for your spread bets are.

Market Information

If you are unsure of how your winnings and losses will be calculated, or exactly what your spread bet entails, you can click on the 'i' icon next to each market for more information.

Pointsbet's newly designed betting app is a good option for new punters or Aussies who already have a couple of betting apps on their phone. After using the app for a couple of days we were a little bit unimpressed with how hard it was to access form information, find statistics, and navigate through the different betting markets.

PointsBet App Pros ✅

• Free to download from the App Store and Google Play
• Fast withdrawal times we've seen
• Plenty of statistics, form, and information for races and popular sports markets
• The only spread betting app in Australia
  
• Customer support through live chat, phone, and email
  
• Live betting via your phone
  

PointsBet App Cons ❌

• Navigation can be confusing and slow
• The app is a little dark so brightness may need to be turned up
• There is currently no option to customize the homepage for your favorite sports

PointsBet App Review ⚖️

As far as betting apps go the PointsBet app has some way to go before it is up there with Australia's best.

Despite this, things that we and other Australian punters love are the fast withdrawals and the wide range of betting markets available on the PointsBet app.

The major qualms we and other people have about the PointsBet app relate to the hard-to-see colour scheme, poor navigation and slow response time.

Overall, we recommend downloading other betting apps like the Sportsbet, Neds, and PlayUp apps which we think are much more intuitive and fast.

If you're looking for a PointsBet promo like a sign-up bonus, bonus bets, boosted odds and money-back offers then we have some bad news.

Due to Australian betting regulations, betting sites are not allowed to advertise bonus incentives to Australian's who are not yet customers. This means that you will not find any PointsBet sign-up bonuses online, or on the PointsBet website unless you are already a customer.

PointsBet Sign-Up Bonus

Due to Aussie betting laws, PointsBet cannot advertise a sign-up bonus in Australia. However, PointsBet can advertise deposit bonuses to players who have accounts.

Despite there being better alternative betting sites in Australia, here are some of our favourite parts of the PointsBet betting site.

📋 Betting Previews

For top sports betting markets PointsBet will give you a unique preview with helpful information that makes placing informed bets even easier.

📈 Racing Stats

Pointsbet provides flucs, race day info, form, and stats for top Australian and international races giving you all the information you could possibly want.

📝 Name A Bet

You can request your own unique bet with PointsBet's name a bet feature. This is something we don't see any other Aussie bookie doing.

🔢 Same Game Multi

PointsBet lets you build your own Same Game Multi for popular sports like the AFL, NRL, Super Rugby, Cricket Soccer, and more.

⏳ Quick Multi

You can place a multi across many different sports on PointsBet with their Quick Multi feature.

🕘 Live Betting

You can place live bets on PointsBet over the phone at 1800 PB LIVE (1800 725 483).

💬 Live Chat

If you have any questions or concerns with your PointsBet account you can chat with someone from the PointsBet team live via their website 24/7.