Pros and Cons
- Spread Betting
- Live Streaming
- Fast Withdrawals
- Name A Bet
- Customer Service
- Lack Of Withdrawal Options
- Racing Markets Could Be Better
- Poor App
Pointsbet have grown in popularity in recent years in Australia and with a stack of racing and sporting markets available, it is easy to see why they are a betting company that entice punters.
Down below is a comprehensive review of Pointsbet as in why they are popular, why they are well liked and what they can improve on.
Why Are Pointsbet Popular
Their advertising campaigns over recent years has been superb with the one exception, which we won’t get into here. When they first launched in Australia back in 2017, they needed a big name to promote them and that big name was former NBA great Allan Iverson, regarded as one of the best players in the post Michael Jordan/Chicago era. Following on from Iverson, they were able to get Shaquille O’Neal and with several prominent ads featuring ‘Shaq’, it has been a success. In Australia, they have prominent faces representing them on TV in the shape of two former AFL greats in Billy Brownless and Dale Thomas.
Their unique ‘Spread Betting’ with Sports is a very popular form of betting, giving punters a stack of options when it comes to certain markets, which aren’t specific to one set of odds. Punters can decide what spread they want and bet accordingly, which is something that some other leading online bookmakers should be exploring and trying to get going.
The promotions side of things is very good for punters. It’s not your stock standard set of promotions and have unique ones for both racing and sport, especially when it comes to the feature Saturday race meetings. You’ll have to sign up to see what is available given law prohibits them being talked about here.
Why We Like Pointsbet
One of their products we like about Pointsbet is their ‘Name A Bet’. This is where punters can email Pointsbet and suggest a bet for them to put up a market on. For example, a punter could email Pointsbet and want a price for Luka Doncic to score 30 Points and 10 Assists. That sort of thing is available on a daily basis with Pointsbet whereas it is only saved for big events with other bookies ie Melbourne Cup, Brownlow Medal.
The streaming for both racing and sport is very good. Being able to bet and watch at the one place and not having to flick across websites to do both is a big advantage. Some of the bigger bookies are getting better in that regard, but having both racing and sport gives Pointsbet an edge over some of the majors like Sportsbet and Ladbrokes.
Despite a lack of options, the waiting time for Withdraws is one of the best when it comes to the leading bookmakers. Some betting agencies can take several business days for them to be processed whereas with Pointsbet, it is usually done in the same day, 24 hours at most, which is very good compared to the vast majority.
Why We Don’t Like Pointsbet
Their sporting side of things is very good, but with that, the racing side of things has been put on the back burner. The racing markets aren’t too flash and the odds they have are pretty low in comparison to some of the big boys, which seems odd given the amount of money they have invested into promoting their business, with a focus towards racing.
Whilst the Withdrawal times are pretty good, the fact that there is only one option to withdraw, Bank Transfer, is disappointing. Given they are trying to be one of the major bookies, only having one option to withdraw seems a bit baffling. Surely they could add more given they have several options to deposit.
The app isn’t the best going around when it comes to betting apps. The website, as a whole, is very good, but the app is a bit on the flat side and could very much improve. It has lagging time, the navigation is difficult and it can crash often, so given they are trying to be a big business, the fact their app is plain is quite disappointing.
6 Reasons To Bet With Pointsbet
1. Name A Bet
Being able to email Pointsbet and come up with different types of bets to try and get odds about is a great concept and something that should happen across all the leading bookmakers on a daily basis, not just for specific major events. Big tick for Pointsbet in that regard.
2. Fast Withdrawals
Whilst they only have one way for punters to withdraw, the waiting time for it to be processed and then hitting the bank account is very good. Some other leading bookmakers can take up to several business days for withdrawals to be processed so while we’d like to see more options for punters to withdraw, the saving grace is the waiting time is just about market leader.
3. Live Streaming
Being able to stream racing and sport is a big tick for them being a new website, especially the obscure events. Being able to bet and watch at the same place is a major drawcard so that is a big tick for Pointsbet.
4. Spread Betting
Spread betting is unique in the fact that the outcomes of your bets are variable. The risks are higher as you can lose more than you expect to on a bet. But when you win it can prove to be quite a profitable way of betting.
5. Customer Service
Their customer service experience is very good. They have all options available, with live chat, email and phone at the ready for punters to fire in questions. They also have post as a form of customer service if you are old school, appealing to punters of all ages.
6. Phone Betting
Live betting is a big tick for a bookmaker and Pointsbet have that available. Live betting on sport has become very popular in recent years and some of the leading bookies have it, so Pointsbet having it in their stable is a definite positive, whereas the vast majority of bookmakers don’t have that.