Pointsbet App Guide – How to Bet & Withdraw Winnings

Most iGaming guides are vague. This one is not — every step here is specific, actionable, and based on how the platform actually works.

Getting Ready

  • Ensure your device runs Android 6.0+ or iOS 12.0+ for the best experience on the mobile-optimized website.
  • Have a valid email address and a phone number ready for verification.
  • Prepare a government-issued ID (passport or driver’s license) for the KYC process.
  • Choose a strong password (at least 8 characters with a mix of letters, numbers, and symbols).
  • Decide on a deposit method: Visa, Mastercard, PayPal, or bank transfer (each has different processing times).
  • Note that you must be 21 or older and physically located in a state where Pointsbet operates (e.g., NJ, PA, IL, IN, IA, CO, LA, MD, VA, WV).

How to Sign Up

  1. Visit the official Pointsbet website using your mobile browser. Do not download from third-party stores.
  2. Tap “Join Now” or “Sign Up” on the homepage.
  3. Fill in the registration form: email, password, full name, date of birth, and residential address.
  4. Complete the identity verification by uploading a clear photo of your ID and taking a selfie (automated KYC).
  5. Set up two-factor authentication (2FA) for added security — go to account settings after login.
  6. Make your first deposit using the payment method you prepared. Minimum deposit is $10.
  7. Your account is now active. You can proceed to place bets. Pointsbet app

How Wagering Works

Pointsbet uses a unique “Pointsbetting” system where wins and losses are proportional to the probability of the outcome. For example, consider a standard NFL moneyline bet on Team A at odds of +150 (implied probability 40%). If you bet $100 and Team A wins, your payout is $250 (stake + $150 profit). If they lose, you lose the full $100. The expected value (EV) is calculated as: EV = (probability of win × profit) – (probability of loss × loss). Using the implied probability: EV = (0.40 × $150) – (0.60 × $100) = $60 – $60 = $0. This is a fair line. However, Pointsbet adds a margin (vig) that reduces the EV. For typical spreads, the margin is around 5%. So if the true probability is 50%, the payout odds may be -110 (52.38% implied). Betting $110 to win $100: EV = (0.50 × $100) – (0.50 × $110) = $50 – $55 = -$5. Over many bets, you lose 5% of your stake on average. To calculate your required bankroll, use the Kelly Criterion: f* = (p × b – q) / b, where p = probability of win, q = 1-p, b = net odds received. For a 55% win probability at odds of -110 (b=0.909), f* = (0.55 × 0.909 – 0.45) / 0.909 ≈ 0.055. So you should bet 5.5% of your bankroll. Always set a loss limit — for example, stop betting if you lose 20% of your session bankroll.

Licence & Player Protection

Pointsbet holds gambling licenses from multiple US state regulators, including the New Jersey Division of Gaming Enforcement, Pennsylvania Gaming Control Board, and others. These are gold-standard licenses with strict player protection rules. Important: all deposits are held in segregated accounts, and your winnings are guaranteed by the state. If you feel you have a gambling problem, use the self-exclusion tools available in your account settings. Pointsbet also partners with Gamblers Anonymous and 1-800-GAMBLER. Under Curacao-licensed operations (not applicable here), winnings may be subject to local income tax, but under US state licenses, winnings are reported to the IRS and you receive a W-2G for certain thresholds.

Money In, Money Out

Deposit options include Visa, Mastercard, PayPal, online banking (via VIP Preferred), and cash at the cage (if visiting a partner casino). Minimum deposit is $10; maximum varies by method (e.g., $100,000 per day for PayPal). Withdrawals can be made via PayPal (free, processed within 24 hours), bank transfer (free, 3–5 business days), or check (fee may apply, 7–10 days). To avoid delays, ensure your account is fully verified before requesting a withdrawal. The Pointsbet app (mobile website) allows you to manage these settings easily.

Pro Tips

Method Deposit Speed Withdrawal Speed
PayPal Instant Within 24 hours
Visa/Mastercard Instant 1–3 business days
Bank Transfer 1–3 business days 3–5 business days
Cash at Cage Instant (in-person) N/A

Support Guide

  • Forgot password: Use the “Forgot Password” link on the login page. You’ll receive a reset link via email. If you don’t see it, check spam.
  • Deposit not showing: Wait 15 minutes. If still missing, contact live chat with transaction ID. Most issues are resolved within 30 minutes.
  • Withdrawal pending for days: Verify your account first. If already verified, contact support via phone (available 24/7) or chat. Provide your account username.
  • Geo-location error: Ensure location services are enabled on your device and you are physically in a legal state. Disconnect from VPNs or proxy networks.
  • Cannot place a bet: Check your account balance and ensure you have not exceeded daily limits. If using Pointsbetting, confirm you have sufficient funds to cover potential losses.
  • KYC rejection: Upload a clearer image of your ID and ensure your selfie matches the photo. Contact support to expedite re-review.
  • Account locked after multiple login attempts: Wait 15 minutes. Use the password reset option. If still locked, call support to unlock.

Quick Answers

How do I log in to my Pointsbet account?

Go to the official website, enter your email and password, and click “Log In”. Enable 2FA for extra security.

Is the Pointsbet app available for download?

Pointsbet offers a mobile-optimized website that works like an app. You can add it to your home screen on iOS or Android via the browser menu; no download from app stores is required.

What is the minimum age to play on Pointsbet?

You must be at least 21 years old and physically located in a state where Pointsbet is licensed.

How long do withdrawals take?

PayPal withdrawals are processed within 24 hours, bank transfers take 3–5 business days, and checks may take up to 10 days.

Can I set betting limits on Pointsbet?

Yes, you can set daily, weekly, or monthly deposit limits and loss limits in the account settings menu.

What should I do if I think I have a gambling problem?

Use the self-exclusion tools provided in your account, or contact 1-800-GAMBLER for immediate help.

Does Pointsbet report winnings to the IRS?

Yes, for winnings above certain thresholds (e.g., $600 in winnings from a single bet or $1,200 from slots), Pointsbet will issue a W-2G form.

Closing

By following the specific steps and calculations in this guide, you can confidently navigate the platform, manage your bankroll, and understand the true cost of betting. Always gamble responsibly and within your limits.