PointsBet Ontario Promo Code and Sportsbook Review

Disclaimer: PointsBet online sportsbook is not currently available in Canada. This review is speculative based on what we know so far and will be updated when the sportsbook launches in Ontario.

If Ontario is able to allow single-game betting in the near future, there’s a good chance sports bettors in the province will want to get to know PointsBet Sportsbook. And everything indicates there’s a pretty good chance that single-game betting is going to be legal before too long in Ontario.

As for PointsBet, it is a relatively young company, having been around since just 2017, but in that short time it has made quite a name for itself. A big reason for that is its plethora of wagering options, including PointsBetting, a new and distinct way to bet on sports.

This PointsBet guide will go over how to create your account and make deposits and withdrawals, along with walking you through using the sportsbook app and qualifying for PointsBet’s bonus offers.

Why choose PointsBet Sportsbook?

  • $2,000 in risk-free bets when you sign up.
  • Super fast sportsbook app.
  • PointsBetting is a distinct betting option.
  • Tons of superb promotions available daily.

When will PointsBet be legal in Ontario?

Currently bettors in Ontario can place parlay-style wagers through Ontario Lottery and Gaming’s Pro-Line product. However, if Canada’s Parliament passes Bill C-218, provinces could choose to allow single-game betting. With that in the works, Ontario is already preparing to do everything in its power to create a competitive betting market.

The hope is that privately run sportsbooks, such as PointsBet, will set up shop in Ontario. Multiple sportsbooks means more competition, which benefits consumers, and also would bring in more tax dollars for the province. The House of Commons has passed the bill, and it has moved on to the Canadian Senate.

PointsBet sign up bonus: Up to a $2,000 value

When you open a new account and use the PointsBet promo code BETBONUS, you will be eligible for a refund of up to $500 if you lose your first fixed-odds bet and a refund of up to $1,500 if you lose your first PointsBetting wager. Here are some additional points to keep in mind:

  • The refunds will be in the form of one or two free bets, depending on if one or both of your wagers loses.
  • You have the option to split a free bet up to four ways. For example, if you lost $100 with your PointsBetting wager, you would get a $100 bet. You could use that one bet or instead choose two $50 bets, three $33.33 bets or four $25 bets.
  • Your free bet credits expire after 30 days. The exact date and time they expire will appear on your free bets page, so make sure to use them before that time.

Not only is the welcome bonus potentially a $2,000 value, but you’re getting two risk-free sports bets, which hardly any other sportsbook offers. On top of that, it gives you a chance to try out PointsBetting with less worry.

PointsBet Ontario promo code 2021

Ontario SportsbookPointsBet Sportsbook ON
PointsBet Promo CodeBETBONUS
Fixed Odds Risk Free BetUp to $500
PointsBetting Risk Free BetUp to $1,500
Online Since2021 in Ontario
Last UpdatedOctober 2021

Regular promotions on the PointsBet app

PointsBet is one of the fastest growing online sportsbooks due in part to all the promotions it has to offer. Here are some popular options:

  • Daily parlay boosters: All PointsBet users get two booster tokens each day. You can use one token to boost a traditional parlay and the other for a same-game parlay. The only stipulation is that your parlay must have three legs or more. Just make sure to check the parlay booster box on your bet slip before placing your wager. We’ve found that the boosters increase your odds by around 10%.
  • Parlay insurance offers: PointsBet frequently has different parlay insurance promotions going. Typically the promotion requires you to create a parlay with four legs or more, and if you lose by one leg you get your bet amount back as a free bet. Check the offer details, though, because sometimes the offer has odd requirements.
  • Daily odds boosts: Some of these are the quintessential boosts you’ll find at most online sportsbooks, where odds increase by a small percentage for a handful of wagers. Other boosts can be region-specific, so expect special offers for Ontario-based teams. Finally, PointsBet also offers a golf odds boost of the week from Paige Spiranac, a social media golfing personality and former pro golfer.
  • Rewards for every bet: PointsBet’s rewards club gives users rewards points for every bet they place. You can redeem points for free bets. Each set of 100 points equals a $1 free bet, and you need a minimum of 250 points to redeem. You receive points as follows:
    • One point for every $5 in fixed odds wagers.
    • One point for every $1 in parlays.
    • One point for every $1 lost or won with PointsBetting.

PointsBet has a variety of promotions going on all the time. We suggest skimming through the promotions page fairly often to make sure you don’t miss anything.

How to create a PointsBet account in Ontario

Begin by heading to the PointsBet app or website and selecting “sign up.” On the first application page, you’ll enter the BETBONUS code to claim the risk-free wagers. After that, you have to supply the following details:

  • First and last name
  • Home address (which does not need to be in Ontario)
  • Phone number
  • Email
  • Birthdate

That’s all it takes. You should be signed up and checking out the betting options in a matter of minutes.

PointsBet Sportsbook app in Ontario

The PointsBet Sportsbook app is among the fastest in the industry, and it is available for Android and iOS devices. To download the app, head to the PointsBet website and scroll down. At the bottom of the page will be links for getting the app. Click the one appropriate for your device and follow the prompts to download and install the app.

Navigating the app

The speed of the PointsBet app is not the only thing great about it. It also is easy to use, and we personally enjoy the red and black colour scheme.

When you first open the app and log in you’ll see a list of sports leagues along the top, upcoming games down the right side and featured games and bets taking up the rest of the screen. Additionally there is a header next to the featured games that will list live games available for betting.

The menu is located in the lower left corner. Clicking it will allow you to access the promotions page, get back to the homepage and access the Name A Bet feature.

The quick parlay button, located at the bottom of the screen, allows you to build parlays in just a few seconds. You can easily shift between moneyline, point spread and totals bets. You also can shift from one sport/league to another with a single click.

Lastly, you can access your account by clicking on the drop-down menu with your email address at the top of the page. From here you can deposit or withdraw funds, see how many booster tokens you have, check on your free bets, see your account history or log out.

To place bets, simply tap on a wager. That causes a betting window to open. You can place a bet from there or select “start parlay,” which lets you continue making selections.

How does PointsBetting work?

PointsBetting multiples your wager by how right or wrong your bet is. For instance, if you placed an $11 bet on the spread, and your pick ends up covering by 10 points you would win $110 (your wager multiplied by 10). Likewise, if your team failed to cover by 10 points, you would lose $110.

One of the factors that sets PointsBetting apart is the amount of money you can win or lose on relatively small wagers. On top of that are the PointsBetting markets you won’t find anywhere else. For example, you can place PointsBetting wagers on the time of first baskets in the NBA, first scores in the NFL, first goals, first penalties and first shots in the NHL and first, second and third goals in soccer.

All PointsBetting wagers display a max loss and max win level. Some even have a slide that allows you to adjust your potential wins/loses. PointsBetting can be extremely profitable, but because of the huge risks, you always need to check your max loss levels before placing a bet. For example, a $10 bet on when a player’s first shot will come in an NBA game could result in a loss of $1,500. If you want to learn even more about PointsBetting, check out PointsBet’s informational page.

Types of bets available at PointsBet

Should single-game wagering in Ontario become legal, bettors will have a variety of new betting choices. Here is a rundown of all those options:

  • Moneyline bets are wagers on a team to win a game outright. The odds indicate which team is favoured (negative number) and which team is the underdog (positive number).
  • Point spread betting introduces a handicap element. A favourite needs to win by more than the spread (an estimated margin of victory that the sportsbook sets). An underdog, meanwhile, needs to avoid losing by more than the spread.
  • Totals bets are wagers you place on the total combined score of a game. The sportsbook will set a line, and you wager whether the actual total score will be over or under that line.
  • Prop bets are wagers on specific events happening during games. For example, you could wager on whether Steven Matz will have over or under 5.5 strikeouts in a game or whether Vladimir Guerrero Jr. will homer in the game.
  • Parlays combine two or more wagers to boost the odds. The only way a parlay wins is if all your selections are correct.
  • Round robins are similar to parlays in that you combine multiple bets, but with round robins you can still win some money even if you miss a pick.
  • Futures betting refers to bets that won’t settle until the conclusion of that league’s regular or postseason. The most typical futures wagers involve betting on teams to win their sport’s championship.

Live betting on the PointsBet app

Engaging in live betting is just as easy as placing pregame wagers on the PointsBet app. To find all your live wagering options, select the “Live” button at the bottom of the screen. There will be a red circle with a number in it showing you how many games are live.

You can view betting choices by sport. If you find a game you like, you can select it and see all your betting options. You’ll notice that the odds change quickly to reflect what’s happening in the game. You can track these changes by colour. Red odds are lower than when you started checking, and blue odds are higher.

Most of the choices you had for pregame betting will be present for live betting as well. However, the later it gets in games and/or the bigger the blowout, the more betting options will disappear.

Sports you can bet on at PointsBet in Ontario

PointsBet offers betting markets for the majority of top sports leagues. You’ll find you can bet on all NHL, NBA, MLB, NFL, CFL and MLS games at PointsBet, along with mixed martial arts (UFC), golf (PGA Tour), tennis (ATP, WTA), motorsports (NASCAR), international soccer (World Cup, UCL, EPL, La Liga) and US college football and basketball.

Among the things we’ll be paying close attention to when PointsBet launches in Ontario is whether it begins offering bets on traditionally popular Canadian sports like curling and lacrosse.

Ontario sports team betting guide

There are plenty of pro teams in Ontario that you can bet on at PointsBet:

  • NHL: You have the Toronto Maple Leafs and Ottawa Senators, both of which reside in the NHL’s Eastern Conference.
  • NBA: The Toronto Raptors play in the NBA’s Eastern Conference.
  • MLB: The Toronto Blue Jays are the lone Canadian MLB team, and they play in the American League East.
  • MLS: Toronto FC plays in MLS’s Eastern Conference.
  • CFL: Lastly there are three teams in the CFL: the Toronto Argonauts, Ottawa Redblacks and Hamilton Tiger-Cats. All three teams play in the East Division.

Ontario futures bets at PointsBet

PointsBet has a fairly large futures market, but finding it can be a little difficult if you’re not sure where to look. If you want to place an NHL futures bet on the Maple Leafs or Senators, for instance, here is the easiest way to do so:

  1. Go to PointsBet’s NHL betting page. If the season is underway, you’ll see a list of upcoming games but no futures markets.
  2. Click the drop-down arrow next to the NHL header at the top of the page. A list of all hockey markets will pop up.
  3. Scroll to the very bottom and you’ll see a link labeled, “NHL Futures,” which will take you to all the available futures bets for the NHL.

You can repeat the same steps to find futures bets on other Ontario teams. Note that you cannot parlay correlated futures bets at PointsBet. An example of a correlated futures bet would be wagering on the Maple Leafs to win the Eastern Conference and the Stanley Cup. Parlaying unrelated futures bets is OK, though.

How to deposit and cash out on the PointsBet app

We will not know the exact options for making deposits and withdrawals until PointsBet goes live in Ontario, but we can tell you all the choices that US PointsBet users have.

Deposit options

  • PayPal
  • Credit/debit card
  • ACH (e-check)
  • Online banking transfer
  • PointsBet Play+ prepaid card
  • PayNearMe

Withdrawal options

  • PayPal
  • ACH (e-check)
  • Online banking transfers

How to contact PointsBet customer support

Before reaching out to PointsBet’s customer service department, consider checking the help page, where you will find numerous articles to help answer many of the questions you might have.

If that doesn’t work, you can email PointsBet at [email protected] Your final option is to start a live chat with a customer service representative The live chat feature is available via both the website and app.

Responsible gambling at PointsBet

The responsible gambling page at PointsBet gives bettors a variety of control over their accounts. You can set deposit, time and spending limits. You also can choose to cool off, which means you can’t access your account, for a period of three, seven or 30 days. There also is the option to close your account permanently.

PointsBet also provides advice for where to turn if you need help with a sports betting addiction.

Will PointsBet be the best sportsbook in Ontario?

It’s hard to say right now which sportsbook will be the best in Ontario, but we’re secure in saying that PointsBet definitely will be among the top options in the province. There’s just too much to like about PointsBet to not think it quickly will become a fan favourite.

Some of the distinct aspects of PointsBet, such as PointsBetting, might not appeal to all users, though, so claiming the top overall spot might be a little out of its reach.

Best features of the PointsBet app

While PointsBet has multiple strong points, here are our three favourites:

  • PointsBetting: We know PointsBetting is not for everyone, but the fact is, no other online sportsbook has anything similar to it. So if you just want to give it a try, PointsBet is your only option.
  • Bonus offers: PointsBet has grown rapidly since launching in Australia in 2017 and part of the reason is because of the outstanding promotions it offers.
  • Speed and functionality: PointsBet’s app is fast and easy to use. It doesn’t matter how great a sportsbook’s odds are or how many betting markets it offers if placing bets is a pain. Fortunately, PointsBet makes things easy.

Where is PointsBet Sportsbook lacking?

Here are three areas of PointsBet to potentially look out for that could do with some upgrades:

  • Help desk: While the chat and email options are solid, PointsBet doesn’t offer a phone number for customer support.
  • Live betting: For such a tech-savvy sportsbook, the live betting interface feels a little lacking. There’s no animation or much of anything to give you a good feel for what is going on during games.
  • Better rewards club: There are a lot of online sportsbooks without rewards clubs, so the fact that PointsBet has one is great. However, the rate at which you earn cash back is not so hot. It takes $5 in fixed odds betting to earn a reward point, and 100 reward points to receive a $1 free bet.

FAQs

What is the PointsBet promo code?

PointsBet’s code for its welcome offer is BETBONUS. Enter the code when creating your account to be eligible for risk-free bets worth up to $2,000. See above for more details.

Is PointsBet legal in Ontario?

PointsBet is not yet legal in Ontario. That could change soon, however, if and when single-game betting becomes legal in the province.

What is the minimum age to bet at PointsBet Sportsbook in Ontario?

Until single-game sports betting is officially legal, it’s not 100% certain what the betting age will be. It appears, however, that it will be open to everyone 19 and older.

Can I bet on the Toronto Raptors on the PointsBet app?

Yes, you can bet on the Raptors and all NBA teams using the PointsBet app. Furthermore, you’ll be able to wager on the Blue Jays, Maple Leafs, Argonauts and Toronto FC, as well.

Do I need to download the app to bet at PointsBet online?

Absolutely not. PointsBet will have an Ontario-specific website that functions in almost the same way as its app. Nevertheless, the PointsBet app is free to download and is one of our favourites, so we do recommend giving it a try.

What sets PointsBet apart in comparison to other Ontario sportsbooks?

PointsBetting is a different way to bet on sports than you’ll find at any other sportsbook. PointsBetting multiples your bets by how right or wrong they are. So if you place a $10 spread bet and your team covers by 20 points, you would walk away with $200. On the flip side, if the team fails to cover by 20 points, you would lose $200.