Pointsbet has arrived, and with it, in addition to fixed odds betting, comes a whole new way to bet. Spread betting may be known to punters overseas, but it will be a new format for Australians; so, let’s take a minute to explain it.
Let’s say you put a $10 wager down on the spread market on this weekends NRL game (Wests Tigers vs Manly Sea Eagles) & the Tigers are the favourite by -6. If the Tigers end up winning by 16, the punter who put the $10 wager down will end up winning $100! How you ask? Well let’s take you through it:
-6 (the line) + 16 (amount the tigers won by) = 10, multiply that by your wager of $10 = $100!
However, the reverse will apply if you don’t win your bet. Here’s an example of that with the exact same situation as above, but the Sea Eagles won by 8
-6 (the line) -8 (amount the tigers lost by) = -14, multiply that by your wager of $10 = $140 loss.
So, as always, gamble responsibly.
Pointsbet mobile apps
Pointsbet have fully functioning apps on both Android and iOS App stores, available from the app page on their website https://pointsbet.com/app
Welcome Bonus & current promotions
Considering joining the Pointsbet community? Well then you are in luck! They are currently running a promotion for new customers, by using the Promo Code “WELCOME” you can get a 50% deposit bonus up to $250.
Sick of watching your team take a huge early lead and end up losing the game? Well then you’ll be glad you signed on with Pointsbet. If the team you bet on, is up 20 points (in the AFL or NRL) and ends up losing, you’ll be paid out immediately. (up to $500 on AFL & $100 on NRL)
Top Tote & exotics?
Pointsbet currently offer “Best Tote + SP” for their horse racing markets (best price between NSW, VIC, TATTS tote(s) & Starting Price), however they only offer boxed exotics for Quinellas, Exactcas, Trifectas & First fours. Personally I would like to see more websites introduce a roving market (similar to what the TAB do).
Website & app review
The website may be a little daunting for new customers, which is why the more experienced punters may be drawn to Pointsbet. Navigating the menu and locating the sport & racing event you’re after can feel a little bland, due to their black & red colour scheme. When reviewing the markets; there are vast areas of empty greyness on the left & right hand side and the whole site in general really does feel it could use a facelift and/or alternate colour scheme (black/grey background with blue font isn’t the best look)
Points bet have a variety of ways to assist you, via phone (13 72 37), live chat via their website or app and e-mail.