PointsBet offers two of the industry's top promos for first-time users — up to $800 in risk-free bets on your first four fixed odds wagers and five $100 risk-free bets (Kansas). You can click here to claim your bonus.
Use PointsBet promo codes MC4X200 and 5COVERS4 (Kansas) to redeem the current sign-up offers, which will grant you refunds in the form of free bets should your initial wagers fail. Keep reading to learn if one of PointsBet's bonuses makes sense for you.
Up to $800 in risk-free bets
Code: MC4X200
Up to $500 in risk-free bets + $50 free bet
Code: 5COVERS4
| PointsBet sign-up bonus |
Up to $800 in risk-free bets Up to $500 in risk-free bets + $50 free bet (Kansas) |
| Minimum deposit | N/A |
| Minimum wager | $.50 |
| Wagering requirements | 1x |
| Eligible bet types | All bet types ✅ |
| Legal states | 12 |
| PointsBet mobile app | iOS and Android ✅ |
| Last verified | Sept. 22, 2022 |
| Offer expiry | Feb. 2, 2023 |
The current PointsBet promo code offers are legitimate and available to all who are both of legal gambling age and who reside in one of the 12 states in which it operates. Covers is dedicated to providing our users with accurate information.
PointsBet’s first new-player offer only applies to the first four fixed odds bets made following registration — one in each of the first four days betting with PointsBet. There are no restrictions on which markets the user needs to bet on for the promotion to be claimed. The initial wager can be any amount, but the sportsbook will only reimburse each losing wager up to $200. So, if your first bet is $250 and loses, you will only receive $200 back as a free bet.
| PointsBet Promo Code | Claim PointsBet Bonus |
|---|---|
| PointsBet Bonus Code | MC4X200 - Claim now |
| PointsBet Sportsbook Offer | Up to $800 in risk-free bets |
| PointsBet Mobile App | iOS and Android |
| Last Verified | Sept. 22, 2022 |
PointsBet’s Kansas new-player offer applies to the first five fixed odds bets made in your first five days betting with PointsBet. You can bet any amount for each wager, but only $100 will be risk-free. So, if your first bet is $200 and loses, you will only receive $100 back in free bets.
Kansas bettors will be granted an additional $50 free bet when their first bet settles.
| PointsBet Promo Code | Claim PointsBet Bonus |
|---|---|
| PointsBet Kansas Bonus Code | 5COVERS4 - Claim now |
| PointsBet Sportsbook Offer | Up to $500 in risk-free bets + $50 free bet |
| PointsBet Mobile App | iOS and Android |
| Last Verified | Sept. 22, 2022 |
Pro tip #1: Be sure to bet during each of your first four days with PointsBet to ensure you don't forfeit any of your daily bonuses (first five days in Kansas). For example, if you bet on days one, three, and four, you will forfeit your $200 risk-free wagers from day two.
Pro tip #2: The free bet(s) garnered from the risk-free bonus can be split into four equal wagers, providing extra flexibility.
Not needing a PointsBet promo code is symbolic of how straightforward it is to claim the sportsbook’s sign-up bonus and begin betting. Follow our easy step-by-step process below to get started.
Click here to register for your PointsBet account. Have your personal information prepared before you dive in. Your exclusive PointsBet promo code should be added automatically.
With your new PointsBet account created, the next step requires depositing funds. There’s no minimum deposit needed to qualify for the bonus.
Once your funds have been deposited, you are free to make your first fixed odds bet. Choose your market carefully, ensuring you take time to evaluate different possibilities. You’ll have to make the maximum wager ($200 or $100 in Kansas) to get the most out of your risk-free offer.
After settling your bet, you can withdraw your winnings as real cash — if the wager proves successful. Should the wager lose, a refund equivalent to the amount of the initial bet will be awarded in the form of a free bet within 24 hours. You cannot withdraw the free bet as cash — it must be used to bet with the sportsbook again within seven days of being issued, or it will expire.
Only your first four wagers — one for each of your first four days of betting — will be eligible for the risk-free bonus (five bets in five days in Kansas). If successful, you’ll keep your winnings. Should you lose, you’ll receive your money back in the form of non-withdrawable free bets. You may select any sports market for your qualifying wager.
Once the qualifying wager settles, the free bet will arrive in your account within 24 hours, and you will have the following seven days to use it before it expires. You may not use your free bets on PointsBetting wagers.
Notably, you can choose to break up the free bet into four equal wagers instead of using it all at once. For example, a $200 free bet can be turned into four $50 wagers.
| PointsBet | Betting restrictions |
|---|---|
| Minimum wager | $0.50 |
| Maximum bonus money amount | $800 ($500 in Kansas) |
| Days to use bonus money | 9 |
| Playthrough requirement | 1x |
| Bet types | No PointsBetting with free bets |
PointsBet has betting odds for several major sports leagues, including the NFL, MLB, NBA, and the NHL. It also offers other less common markets such as darts, cricket, and rugby union.
The sportsbook's array of features, such as live streaming and in-play betting, complement its markets well and make for an immersive sports wagering experience.
PointsBet has a number of extra promotions consistently available, including same-game parlays, free bets, profit boosts, daily odds boosts, and more. For example, one of PointsBet's evergreen offerings is its Karma Kommittee feature, which ensures users are compensated when human nature runs its course. If a player on a team you’ve bet on goes down with a serious injury, you may receive a full refund.
Here are some of the other current PointsBet promotions users can access:
| Type of PointsBet Promo Offer | Description of PointsBet Promo Offer |
|---|---|
| PointsBet Rewards Program |
PointsBet offers new and existing users rewards points with every bet. Points can then later be redeemed for additional free bets of various monetary values. |
| Refer A Friend |
When a friend signs up for a PointsBet account through your referral link for the first time, you will each receive a free $100 bet. The free bet cannot be broken up or withdrawn as cash. |
| PointsBet Diamond Club |
The PointsBet Diamond Club is reserved for the top loyal clients of the sportsbook. Entry is by invitation only, but those who think they should qualify are welcome to contact the sportsbook via email. Members of the club receive special promotions, event tickets, and chances to meet PointsBet ambassadors. |
PointsBet is presently authorized and regulated in 12 states. Keep an eye on our legal tracker to monitor states that allow sports betting and discover where PointsBet may be coming next.
| State | Launch Date |
|---|---|
| November 2020 | |
| September 2020 | |
| March 2020 | |
| November 2019 | |
| Sept. 1, 2022 | |
| Sept. 22, 2022 | |
| January 2021 | |
| January 2019 | |
| January 2022 | |
| February 2022 | |
| December 2021 | |
| August 2021 |
PointsBet Sportsbook has only been a part of the North American sports betting scene since January 2019. It currently operates in Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.
Covers experts are consistently re-evaluating PointsBet — the sportsbook currently holds a 4.7/5 rating via our BetSmart review system, highlighted by their ‘Key Features’ and ‘Customer and Support’ categoriesies. Those 21 years or older can use PointsBet on their website or mobile sports betting app, which is available for iOS and Android.
A few different advantages come with some of PointsBet’s main features, including live betting, early cash outs, same-game parlays, and its own proprietary betting markets called ‘PointsBetting Markets.’
For a complete in-depth breakdown, check out our unbiased PointsBet Sportsbook review.
PointsBet has a reliable customer service team available to provide help 24/7, which is not surprising given the sportsbook’s 5/5 BetSmart rating in ‘Customer Support.’ Live chat, email, phone, and Twitter are all options to contact the team.
There are plenty of sportsbooks to choose from, so making sure you're doing research and comparing different options is essential to discern which one is best for you.
To expedite that process, we've done a fair amount of the work for you and have put together some guides to help you navigate the sports betting space.
Yes, PointsBet Sportsbook is fully-licensed and therefore legal in Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia.
Use the exclusive PointsBet promo code MC4X200 to claim up to $800 in risk-free bets. In Kansas, use 5COVERS4 to claim five $100 risk-free bets.
Your initial wagers will be refunded by PointsBet, up to the specified amount, as free bets if it loses. The free bets cannot be withdrawn as real cash and must be used within seven days of being issued.
Following the link in the guide above will take you directly to registration with PointsBet. Your promo code should be automatically applied.
Any residents of (or people currently located within the state limits of) Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, New Jersey, New York, Pennsylvania, Virginia, and West Virginia that are 21 years of age or older may follow the link in the guide above to unlock their PointsBet promo so long as they’re a first-time user.
The PointsBet sign-up bonus expires seven days after being issued if it goes unused.
Yes. Every time a new friend signs up for a PointsBet account through your referral link, you will each receive a free $100 bet. The free bet cannot be split up or withdrawn as cash.
A PointsBet free bet is a form of currency the sportsbook provides its users. Bettors can generally use free bets to wager on whatever they wish, but they cannot simply withdraw them as cash. If you bet $20 via a free bet and profit $20, you will have gained $20 you can later cash out.
Joshua Howe is a commercial content editor at Covers, assisting experts in making smarter sports bettors. Prior to joining the team in 2021, the experienced writer and editor worked in a variety of industries, including sports, marketing, and publishing.
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