Pointsbet stands out in a competitive market, and this step-by-step guide explains exactly how to make the most of it.
Quick Checklist
- Ensure you are in a jurisdiction where online wagering is legal and you meet the minimum age requirement.
- Have a valid email address and phone number for account verification.
- Prepare a government-issued ID for identity verification (KYC).
- Choose a secure payment method you are comfortable using for deposits and withdrawals.
- Set a budget and wagering limits before you start.
- Review the terms and conditions, especially bonus and withdrawal rules.
How to Sign Up
- Visit the platform’s website using a secure browser. Click the “Sign Up” or “Register” button, typically located at the top right corner.
- Complete the registration form with your personal details: full name, date of birth, email, phone number, and residential address. Make sure all information matches your ID exactly.
- Create a strong username and password. Enable two-factor authentication (2FA) if available for added security.
- Agree to the terms and conditions, privacy policy, and confirm you are of legal age. Some platforms require bonus opt-in at this stage.
- Verify your account via the email or SMS link sent to you. You may need to upload identification documents before making your first deposit.
How Wagering Works
Understanding wagering mechanics is crucial for making informed bets. The core concept revolves around odds, stake, and potential payout.
Important: Always calculate potential returns before placing a bet. A simple formula for decimal odds is: Payout = Stake × Decimal Odds. Profit is Payout – Stake.
Example: You place a two-leg parlay (accumulator) with a $100 stake. The first leg has decimal odds of 1.50 and the second leg has odds of 2.00. Total odds = 1.5 × 2.0 = 3.0. Potential payout = $100 × 3.0 = $300. Profit = $300 – $100 = $200.
For point spread wagers, the payout depends on the odds attached to each side. A typical moneyline bet on a favorite might have odds of 1.80, while an underdog has odds of 2.10. If you bet $50 on the underdog at 2.10, your payout is $50 × 2.10 = $105, profit $55.
Safety & Licensing
Trustworthy platforms operate under licenses from reputable authorities such as the Malta Gaming Authority (MGA), UK Gambling Commission, or Curacao eGaming. These licenses ensure the operator adheres to strict standards for fair play, data protection, and responsible gambling.
Look for SSL encryption (padlock icon in the browser bar) to protect your personal and financial data. Additionally, independent audits by eCOGRA or iTech Labs verify game fairness.
Note: If the platform is licensed in Curacao rather than a local EU license, winnings may be subject to your local income tax. Check your country’s tax regulations to avoid surprises.
Deposits & Withdrawals
| Payment Method | Deposit Time | Withdrawal Time | Typical Fees |
|---|---|---|---|
| Visa/Mastercard | Instant | 2–5 business days | None (operator covers fees) |
| PayPal | Instant | Within 24 hours | None |
| Bank Transfer | 1–3 business days | 3–7 business days | May apply (check policy) |
| Cryptocurrency (e.g., Bitcoin) | Instant | Within 1 hour | Network fee may apply |
To deposit: go to the cashier section, select your method, enter the amount (typically minimum $10), and confirm. For withdrawals, verify your identity first, then choose a method. Note that some platforms require you to wager a minimum amount before withdrawing bonus funds.
When Things Go Wrong
- Login issues: If you cannot access your account, use the “Forgot Password” link to reset. Cleared cache/cookies may help. Contact support if 2FA fails.
- Payment declined: Ensure you are using a supported method and have sufficient funds. Contact your bank or payment provider to unblock the transaction.
- Bonus not credited: Check if you entered a bonus code during deposit. Many bonuses require a minimum deposit and wagering before withdrawal.
- Delayed withdrawal: Processing times vary. If your withdrawal is pending beyond the stated time, contact support with your transaction ID.
- Account suspended: This can happen if you violate terms (e.g., multiple accounts, self-exclusion breach). Review the terms and contact support for clarification.
- Geolocation error: If using a mobile device, ensure location services are enabled. Try using a stable Wi-Fi connection.
Good to Know
Responsible gambling tools are available to help you stay in control. Most platforms offer deposit limits (daily, weekly, monthly), session time limits, and self-exclusion options. Set these limits from the account settings before you start betting. If you feel your gambling is becoming a problem, seek help from organizations like GamCare or BeGambleAware.
Players Ask
How do I create an account?
Click the “Sign Up” button, fill in your personal details, verify your email, and provide identification documents when requested.
What is the minimum age to wager?
The minimum age is 18 in most jurisdictions, but it may be 21 in some regions. Check local laws.
How long do withdrawals take?
Withdrawal times vary by method: e-wallets within 24 hours, cards 2–5 days, bank transfers up to 7 days.
Can I use a VPN to access the platform?
Using a VPN may violate the terms of service and can lead to account suspension. It is not recommended.
What is a wagering requirement?
A wagering requirement is the number of times you must bet the bonus amount before withdrawing winnings. For example, a 10x requirement on a $20 bonus means you need to wager $200.
Is the platform available on mobile?
Yes, you can access the mobile-optimized website directly from your browser. Some platforms also offer a progressive web app (PWA) that can be launched from the home screen.
How do I set deposit limits?
Go to the account settings or responsible gambling section and choose your daily, weekly, or monthly limit. Changes take effect immediately.
What happens if I close my account?
You can initiate self-exclusion or permanent closure through the account settings. After closure, you cannot re-open the same account.
How do I verify my identity?
Upload a copy of your passport, driver’s license, or national ID, plus a recent utility bill for address verification. This is part of the KYC process.
Conclusion
This guide has covered the essential steps to get started with online wagering, from signing up to understanding odds and managing your account. Always gamble responsibly, use the tools available, and never stake more than you can afford to lose. With this knowledge, you are ready to explore the platform and enjoy the experience.