PointsBet Sportsbook Ontario – $2,000 Promo Code Bonus

Risk Free BetsRisk Free BetsUp to $2,000Up to $2,000
Promo CodeBETBONUS

Disclaimer: PointsBet online sportsbook is not currently available in Canada. This review is speculative based on the PointsBet app in other jurisdictions and will be updated when the sportsbook launches in Ontario.

PointsBet stands out among the various online sportsbooks soon to be available in Ontario with its distinct product and its welcome bonus for new customers. When you use the PointsBet Ontario promo code BETBONUS during account creation, you can receive up to $2,000 in risk-free bets.

In addition to its unique wagering system, “PointsBetting,” PointsBet gives users access to a number of other tools, including partial cash-outs, live streaming, quick parlays and parlay boosters. Other major selling points include its sleek and modern design, ongoing promotions and daily boosters, and competitive odds.

In our review below, we’ll provide a virtual PointsBet tour and explore its strengths and weaknesses for sports bettors in Ontario. We’ll also go over how to get started with the sportsbook and what steps to take to claim the welcome bonus.

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Why Choose PointsBet Sportsbook Ontario?
  • Innovative sportsbook with unique pointsbetting option
  • Risk free bets worth up to $2,000
  • Native app for iOS and Android devices
  • Wide range of betting markets
PointsBet Online Sportsbook Rating
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PointsBet Ontario Sportsbook promo code 2022

Use the code BETBONUS to receive two risk-free bets at PointsBet. This means that the sportsbook will provide a refund of up to $500 in free bets if your first fixed-odds bet loses, and up to $1,500 in free bets if your first PointsBetting wager loses.

Online SportsbookPointsBet Sportsbook Ontario
PointsBet Promo CodeBETBONUS
Welcome bonusRisk-free bets up to $2,000
App Rating4.2/5
Best FeaturesPointsBetting, parlay boosts
Last UpdatedJanuary 2022

How does the PointsBet Ontario sign-up bonus work?

Once you get familiar with the concept of PointsBetting — which we go over below — it will be a lot easier to wrap your head around the sportsbook’s welcome bonus. Here are the basics:

  • Up to $500 refund on a fixed-odds wager: Place a traditional fixed-odds bet (moneyline, prop, total, etc.). If it loses, PointsBet Ontario will provide a refund in free bets, up to $500. Should the wager win, you won’t qualify for the refund.
  • Up to $1,500 refund on a PointsBetting wager: Once again, you get a refund if your bet loses, and the refund is in free bets.

As for the terms and conditions, here are the main ones to keep in mind:

  • Free bets have an expiration date of 30 days.
  • If you receive any free bets, you’ll have to wager them (and win) to get anything out of them.
  • You can either wager them all at once or split them up to four times. For instance, if you received a $200 refund, you could split it into two $100 free bets, four $50 bets, or use the whole $200 on one bet.
  • You can use a refund from a PointsBetting wager on any type of bet (fixed-odds included).
  • The sportsbook will issue any refunds within 24 hours of your bet(s) losing.

Is this the best welcome bonus in Ontario?

Not quite, despite potentially being among the largest sports betting bonuses. For instance, Caesars Sportsbook offers a first-bet match that will provide promo bucks even if your wager wins, while at PointsBet you need one of your first bets to lose.

The FanDuel sports app, meanwhile, pays its risk-free refund in site credits, which are marginally better than free bets. On the other hand, PointsBet’s promo has a higher limit and will let you try PointsBetting at a reduced risk.

What is PointsBetting?

PointsBetting is an exclusive form of wagering that PointsBet offers. How much you win — or lose — depends on how much you get your bet right or wrong. For instance, if you placed a $10 spread bet on the Toronto Raptors at -4, and they beat their opponents by nine points, you would win $50. That’s equal to your wager ($10) multiplied by how much it was correct by (in this case, five points).

However, if the Raptors were to lose by two points, you would lose $60 — $10 for each point below the spread. As you can see, PointsBetting is a risky endeavour, and it’s not for the faint-hearted, as things can quickly go south.

When will PointsBet be legal in Ontario?

Commercial Ontario sportsbooks could begin launching at some point in early 2022. This is assuming that iGaming Ontario, a subsidiary of the Alcohol and Gaming Commission of Ontario, finalizes agreements with sportsbooks by that time.

Once PointsBet meets that requirement, it will be legal to launch in the province. Canada lifted a ban on single-game betting on July 22, 2021. This cleared individual provinces to conduct and regulate this form of wagering within their territories. Several jurisdictions have geared up to seize on the potential revenue streams, with Ontario likely the first to welcome commercial sportsbooks.

Many sportsbooks have voiced their intentions to join the scene, and PointsBet is one of the prime suspects. It has already partnered with Curling Canada.

Ongoing PointsBet promotions

PointsBet offers a variety of solid promotions. Here are some of the most popular ones:

  • Early payout deals: You can cash out your soccer bet if your team is leading by two goals at any point during the game. The limit for this offer is $50. The sportsbook runs similar deals for other sports, too.
  • Parlay boosters: The sportsbook gives players two parlay boosts every day — one each for single-game parlays and traditional parlays. You can activate your parlay boost token by selecting the lightning icon within the slip. The boosts apply only to parlays ranging from three to 12 selections (legs).
  • Refer-a-friend: Receive a $100 free bet if someone signs up using your referral code and makes at least a $20 bet. The person you referred also receives a $100 free bet. PointsBet caps the number of referrals at 25.
  • Karma Kommittee: This initiative lets you potentially recoup funds from particularly unfortunate losses. For example, you may get a refund if a last-minute injury or suspension of a star player affected your bet. This can also apply to poor referee decisions that directly impact your wager’s outcome, like the notorious blown pass call in the 2019 Rams-Saints NFC Championship game.

How to create a PointsBet account in Ontario

For starters, access the sportsbook, either via its website or app. When you get to the platform, click or tap the sign-up button, and provide the following details:

  • Login credentials (password, username)
  • Full name
  • Email
  • PointsBet promo code (BETBONUS)
  • Birthdate
  • Social Insurance Number

Before wrapping up, agree to the terms and conditions and verify that you’re 19 or older. You can also subscribe to the sportsbook’s newsletter and receive updates on the latest promotions and special offers. Submit the application form after double-checking your information.

PointsBet Sportsbook app in Ontario

In addition to the website and the browser-based mobile version, PointsBet offers a standalone app for iOS and Android. You can find the download links for both versions at the bottom of the homepage. Just click on the logo that corresponds to your device and follow the on-screen prompts for download and installation.

Navigating the app

PointsBet’s website is a visually clean and technically sound betting platform, and the same is largely true of its app. Thanks to the sportsbook’s trademark colour scheme, the app is easy on the eyes, with a black background, red trim, and white text. It’s also clutter-free, without intrusive pop-ups or excessive visuals.

The basic betting menu with the three core wagers (moneylines, spreads, totals) appears in one single frame. This adds to the convenience factor as you don’t have to toggle through multiple dropdowns to find these bets as you might at some other books. If you want to explore additional betting options, just tap on a game listing, and all the available wagers will appear.

Browsing different betting options and sections is generally smooth sailing. At the bottom of the app, you’ll find the quick parlay tab, which will lead you to an expanded screen with all the parlay options at that time.

You can access the current bet slip, pending bets, and settled bets within the “My Bets” tab. You can access your account info via the dropdown menu in the bottom left corner of the interface. From there, you can make payments, check out the current promos or your account history, among other actions.

Best features of the PointsBet sports betting app

It’s tough to single out one thing that PointsBet does better than its competitors. Here are the aspects where it excels the most:

  • Feature-packed: PointsBet is jam-packed with betting tools. It offers some stuff that you’ve seen on other sites like live streaming, same-game parlays, and the option to cash out early, as well as distinct features like PointsBetting and parlay boosters.
  • Promotions: On top of the welcome bonus and a barrage of rotating promos (insurance bets, money-back deals, parlay boosts), PointsBet runs a loyalty program. You can collect rewards points via fixed odds bets, parlays, and PointsBetting. Once you accumulate a certain number of points, you can redeem them for free bets.
  • Quality interface: PointsBet is, alongside FanDuel, one of the best-looking sportsbooks you’re likely to find. More importantly, it’s fast and rarely exhibits any performance malfunctions. All the tabs and buttons fire up instantly, and the cross-section navigation runs smoothly. The bet slip remains hidden until you call it up, and you can minimize it at any point. Overall, the app feels and looks modern.

How could PointsBet improve?

PointsBet has a few shortcomings, too, but one specifically caught our eye:

  • No phone support: Generally, we have no gripe with how PointsBet’s customer service handles things, but it would be nice if there were a direct phone line. This wouldn’t be a game-changer, but it might come in handy for those with pressing matters. Live chat doesn’t always provide instant answers, contrary to what most think.

What kind of bets can I make at PointsBet?

In terms of bet selection, PointsBet is not lacking. Let’s take a closer look at the standard wagers you’ll be able to make as an Ontario-based bettor:

  • Moneyline bets: Bet on one side or the other to win the game; that’s all there is to it. Negative odds denote favourites and also indicate the amount of money you would need to bet for a chance to win $100. Positive odds indicate the underdog as well as how much you would stand to win on a bet of $100.
  • Point spreads: Especially popular for NBA and NFL games, point spread bets depend on the margin of victory. Favourites will need to win by more than the spread number, and underdogs can lose by less than the spread number and still have bets on them win. The odds will generally be around -110 on both sides.
  • Totals: These are wagers on the game’s total combined score. PointsBet will set a line before the game, and you can bet on whether the actual score will end up over or under that number.
  • Props: Side bets that tackle specific occurrences or aspects within a game. Popular options include betting on statistical accomplishments like home runs, assists, TDs, rushing yards, and so forth. PointsBet has distinct subsections for various props, allowing for easier browsing. For example, an NFL game might have dropdown tabs for team totals, player totals, rushing props, and special team props.
  • Futures: These appear under the “featured” bar and represent bets that won’t settle until the season’s end. In addition to the major pro sports, PointsBet offers a few futures bets for college hoops and football, including picking a basketball team to reach the Final Four.
  • Parlays: A combo wager that incorporates multiple bets. It can generate massive payouts, but it’s difficult to hit because all your picks must be correct. Otherwise, you win nothing.
  • Teasers: PointsBet has recently added teasers and pleasers into its already versatile betting menu. You can access them via a dedicated tab adjacent to PointsBetting. For those unaware, teasers are variants of parlays that allow you to move the line for each game in your favour (pleasers move the lines in the sportsbook’s favour). This will move the odds, as well.
  • Live betting: The live platform is one of the first options you’ll notice as you browse through PointsBet’s menu. A small number indicates how many live games are taking place at that specific moment. The live catalogue won’t have as many options as it might before the game starts, but you’ll still find dozens of wagers.

Can I bet on the Toronto Blue Jays at PointsBet Ontario Sportsbook?

Yes, and we’ll do you one better. You can also bet on other local teams like the Raptors, the Toronto Maple Leafs and the Ottawa Senators.

For betting on the Jays and other MLB teams, PointsBet ON will release odds for the next World Series winner during the offseason. Down the road, the sportsbook will also add options like individual player awards and league and division champs.

You’ll find several long-term wagers for the NHL, as well, such as the Stanley Cup winner or the Hart Trophy winner. PointsBet will also let you put a few bucks down on the Maple Leafs, Senators, or another team to make the playoffs.

For individual Raptors games, you may find hundreds of wagers. Some are available for PointsBetting, with player props as featured options. PointsBet has a neat betting stats bar that shows how many bets people have placed on each side and the percentage of money that bettors have placed on either team.

How do I get money on (and off!) PointsBet online sportsbook quickly?

PointsBet has covered all of its bases when it comes to banking. Here are the deposit methods you’re likely to find:

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

Unsurprisingly, there are fewer withdrawal options:

  • PayPal
  • ACH
  • Bank transfer

How to contact PointsBet customer service

The most effective way of solving your issues is through the online live chat, available around the clock. An agent will aim to diagnose the problem and present a solution. The only other contact method is via email at [email protected] The response time is a bit longer with this method, however.

Responsible gambling at PointsBet Ontario betting site

By clicking on the “RG” logo in the uppermost right corner of the page, you’ll enter the responsible gambling section, which aims to help bettors establish better control over their expenditures.

To that end, the sportsbook offers time, deposit, and wagering limits. A more radical option is the cool-off feature, which will keep you from accessing the site for several days. If this method doesn’t help, you can sign up with the self-exclusion program and ban yourself from the platform for an extended period or indefinitely.

Will PointsBet be the best sportsbook in Ontario?

It is definitely one of the contenders. PointsBet is one of the most creative sportsbooks we’ve tested so far. The interface is exceptional across the board, and the app’s functionality is nearly flawless. It has a few deficiencies here and there, but it’s a solid sportsbook on the whole.