How to Bet Responsibly at PointsBet

6 min read
Dec 27, 2023, 5:53 PM
Author
Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief
Fact checked by:
Paruyr Shahbazyan
Paruyr Shahbazyan
Founder
Last Updated: Sep 16, 2024, 8:16 PM

This guide is your ultimate resource for navigating the world of online sports betting with PointsBet in the United States and Canada. Whether you're a seasoned bettor or new to the game, our guide, crafted from real experiences and detailed research, provides step-by-step instructions and valuable insights to enhance your betting experience.

We'll walk you through the essential processes of registering an account, exploring the diverse betting markets available, and understanding the nuances of placing bets. Furthermore, we'll guide you on how to manage your funds effectively, covering both deposit and withdrawal procedures. Our aim is to equip you with the knowledge and strategies needed to bet confidently and responsibly at PointsBet Sportsbook.

How to Sign Up at PointsBet

To become a user at PointsBet the sportsbook has a straightforward sign-up process that shouldn’t take most users more than a couple minutes to complete.

  1. Visit the PointsBet website and click the red “Sign Up” button at the top right of the screen.
  2. Choose your state: In the U.S. you’ll first choose your state.
  3. Bonus Code: All new users will see the bonus code “WELCOME” but if you have a different code this is the stage to enter it.
  4. Create Account: Enter your first and last name, email and select “continue”.
  5. Personal Details: Select your title (Mr, Ms, Mrs, Other, N/A), provide your date of birth, the last 4 digits of your SSN, and your telephone number. You can also click on enabling multi-factor authentication..
  6. Address: Enter your address.
  7. Password Creation: Set a secure password.
  8. Agreements: Acknowledge and agree to the privacy policy, terms and conditions, SMS communications, and marketing preferences.
  9. Legal Compliance: Confirm your legal age and declare any affiliations that might restrict your betting activities.

How to Bet at PointsBet Sportsbook

To make a bet at PointsBet, follow these steps:

  1. Select a Sport: Choose from the list of sports and events on the left side in an expandable menu.
  2. Explore Markets: The site's layout is clean and uncluttered, with promotions and featured betting markets easily accessible.
  3. Choose a Game: Select from the available games.
  4. Pick a Bet Type: Choose your preferred bet type (e.g., Moneyline, Spread, Over/Under).
  5. Add to Bet Slip: The bet will be added to your slip on the right side.
  6. Enter Bet Amount: In the bet slip, input your wager amount.
  7. Place Bet: Review and confirm your bet.

Withdrawing Your Funds at PointsBet

Withdrawing funds from your PointsBet account is designed for ease and flexibility. PointsBet processes transactions continuously, with a general timeframe of 1-5 business days for completion. However, the actual time it takes for funds to reach you may vary depending on the withdrawal method you choose. Some options may facilitate quicker access to your funds, while others might take a bit longer. This allows you to select the method that best suits your needs and preferences, ensuring a smooth and convenient withdrawal experience.

PointsBet Sportsbook FAQs

Account Registration and Management

How do I sign up at PointsBet?

Follow the straightforward online process including personal details and compliance with terms.

Can I change my account information later?

Yes, certain details can be updated in account settings.

Placing Bets

How do I place a bet?

Choose a sport, explore markets, select a game, pick a bet type, and confirm your bet.

What types of bets are available?

Various types including Moneyline, Point Spread, Over/Under, and more.

Betting Strategies

What should I consider before betting?

Understand bet types, set a budget, research teams/players, and bet responsibly.

How do I track my betting performance?

Use the account history feature to monitor bets and outcomes.

Financial Transactions

How do I deposit funds?

Follow PointsBet's deposit procedures via the account section.

What is the withdrawal process?

Withdrawals are processed in 1-5 days, depending on the method.

Are there any fees for transactions?

Generally, PointsBet doesn't charge fees, but check terms for specifics.

Betting Rules and Regulations

Are there betting limits?

Yes, limits vary based on bet type and event.

Can I cancel a bet once placed?

Typically, bets cannot be canceled after confirmation.

Meet our Responsible Gambling Experts

Paruyr Shahbazyan began his business career in 2000 as a private entrepreneur. Over thirteen years, he developed a deep understanding for business and leadership, laying a solid foundation for his professional journey.

In 2013, Paruyr stepped into the sports and betting industry as the founder and president of Bookmaker Rating. This online mass media platform, which he led until 2020, focused on providing in-depth analysis and insights in sports betting, earning a reputation for its quality content. 

Continuing his innovative approach in 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This venture showcases his dedication to integrating advanced technology in the evolving landscape of sports betting. Through these diverse experiences, Paruyr has continuously influenced and shaped the betting industry, driving new trends and setting high standards.

 ExperienceYear
Engaged in private entrepreneurship2000-2013
Founder and President at Bookmaker Rating, an online platform focused on sports and betting2013-2020
Co-founder at Azuro, a decentralized betting protocol2022

"Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports." 

- Paruyr Shahbazyan, Founder, RG

 

Principles and Ethics

Paruyr Shahbazyan's core beliefs lie in the power of informed decision-making and integrity in the betting industry. He understands that the foundation of successful betting is not just about odds and predictions, but also about the trust and reliability of the information provided. Paruyr advocates for a betting environment where transparency and knowledge are paramount, ensuring that bettors are well-equipped with accurate data and insights.

Strategic Vision

Paruyr's vision is to revolutionize the sports betting industry through the integration of technology. He sees the future of betting as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. His aim is to create platforms that are not only user-friendly but also uphold the highest standards of ethical betting, contributing to a more responsible and enjoyable betting culture.

Future Perspectives

Looking towards the future, Paruyr envisions a betting landscape that is more inclusive, technologically advanced, and globally connected. He anticipates a significant shift towards more decentralized and transparent betting systems, driven by blockchain technology. Paruyr is committed to being at the forefront of this change, continuously exploring new possibilities and innovations that can redefine what it means to engage in sports betting in a digital world. His focus is on building systems that prioritize user empowerment, fairness, and the global growth of the sports betting community.

 

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

Sol has over 20 years of experience in writing for diverse industries including sports, gambling, regulation, technology, and startups. As the Editor-in-Chief at RG, Sol brings a wealth of knowledge and expertise to the role, focusing on delivering transparent, evidence-based content grounded in thorough research. Sol's mission is to empower readers to enjoy gambling responsibly and make informed decisions, enhancing their overall experience through insightful and engaging content. Under Sol's leadership, RG prioritizes the highest standards of integrity and reliability, ensuring that all information provided is accurate and trustworthy. Sol's dedication to transparency and research-based writing helps create a responsible gambling environment where readers can truly benefit from the content. This commitment to excellence has positioned RG as a leading source of information in the gambling industry.

Experience:

  • Over 20 years in writing and editing across multiple industries
  • Former head of regional innovation at BMO Financial Group
  • Senior Writer, Online Casino Reports
Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Nick Ashbourne
Nick Ashbourne
Senior Writer

Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game back in 1998, and he's written about them professionally since 2014.

Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports, and his sports betting expertise has grown since its legalization in Ontario in 2022. 

Between 2022 and 2023 he worked for a betting startup called NorthStar Bets, and in 2024 he contributed to Oddspedia before joining the Responsible Gambler team.

Sergey Demidov
Sergey Demidov
Head of News Department

Sergey has been in sports journalism since 2007 as a reporter, editor, and manager. He has covered the Olympic Games, soccer World Cups, the World Cup of Hockey in 2016, the European championships, the Stanley Cup Finals, IOC events, and many others. Sergey interviewed the sport's greatest athletes, coaches, and executives. Since 2016, he has been an Independent Senior Editor of NHL.com/ru.

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

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