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    Pointsbet Promo Code and Welcome Bonus


    When signing up, new customers receive a free, $50 bonus bet with no deposit. After making the first deposit, PointsBet provides an additional two “risk-free” bets of up to $500. One of the bets must be a PointsBetting wager.

    Pointsbet T&Cs


    DEPOSIT BONUS

    • If you are eligible, a Deposit Bonus offer may be activated when you open a new Account with us.
    • You will receive Bonus Bets equal to the specific Deposit bonus offer allocated to your account. For example, if the Deposit Bonus offer for a member is 25%, and you have deposited $1000 USD, you will receive $250 worth of Bonus Bets in your account. Other requirements in relation to the Deposit Bonus are set out in section below.

    DEPOSIT BONUS DETAILS

    • Typically deposit bonuses will be credited within 60 minutes of placing your ‘qualifying bets’ however it can take up to 24 hours.
    • Using a Deposit Bonus or part thereof as any component of a ‘no loss wagering proposition’ is strictly prohibited. ‘No loss wagering proposition’ includes placing bets on all likely outcomes of an event, equal or zero margin bets and hedge betting. Bets wagered in this manner will be considered ‘irregular bets’ and may be cancelled and forfeited at our discretion.
    • The Deposit Bonus may be used as a single bet on eligible fixed odds markets.
    • To be eligible for a deposit bonus, your deposit must be made via a credit card. PointsBet, at their sole discretion, may decide to award a deposit bonus to a Member not depositing via credit card, however the member will need to provide proof that funds have been deposited directly from the account holders bank account.
    • You are permitted to use the Deposit Bonus for multiple bets on the same fixed odds event.
    • To receive a Deposit Bonus a member must place qualifying bet or bets to the amount deposited. For example, if the Deposit Bonus offer for a member is 25%, and you have deposited $1000 USD, you will receive $250 worth of Bonus bets in your account only once you have placed bets totalling $1000 USD.

    BET MATCH BONUS

    • If you are eligible, a Bet Match Bonus offer may be activated when you open a new Account with us.
    • You will receive Bonus Bets equal to the specific Bet Match bonus offer allocated to your account. For example, if the Bet Match Bonus offer for a member is 25%, and you have a $1000 USD bet, you will receive $250 worth of Bonus bets in your account.
    • Other requirements in relation to the Bet Match Bonus are set out in section below.

    BET MATCH BONUS DETAILS

    • Typically bet match bonuses will be credited within 60 minutes of placing your ‘qualifying bet’ however it can take up to 24 hours.
    • Using a Bet Match Bonus or part thereof as any component of a ‘no loss wagering proposition’ is strictly prohibited. ‘No loss wagering proposition’ includes placing bets on all likely outcomes of an event, equal or zero margin bets and hedge betting. Bets wagered in this manner will be considered ‘irregular bets’ and may be cancelled and forfeited at our discretion.
    • The Bet Match Bonus may be used as a single bet on eligible fixed odds markets.
    • To be eligible for a bet match bonus, your bet must be made online and must be a cash bet. Bonus Bets are excluded.
    • You are permitted to use the Bet Match Bonus for multiple bets on the same fixed odds event

    POINTS BETTING MONEY BACK PROMOTIONS - GENERAL

    • Any money back promotions can not be used in conjunction with a STOP LOSS function. Any bets placed on a money back promotion using a stop loss will not be deemed eligible for the promotion
    • Any money back promotions will be void if a customer has a bet on the opposite side of the same market.
    • Unless otherwise stated, money back promotions are for a member’s first bet on a specific market ONLY.
    • Unless otherwise stated, money back promotions are for losses, not stake.
    • Wagers on any Money Back promotion do not count as qualifying bets for the purpose of deposit bonus.
    • PointsBet reserve the right to exclude any customers from Points Betting Money Back promotions at any time.

    FIXED PRICE MONEY BACK PROMOTIONS - GENERAL

    • Any money back promotions can not be used in conjunction with a bonus bet. Any bets placed on a money back promotion using a bonus bet will not be deemed eligible for the promotion
    • Any money back promotions will be void if a customer has a bet on the opposite side of the same market.
    • Unless otherwise stated, money back promotions are for a member’s first bet on a specific market ONLY.
    • Unless otherwise stated, money back promotions are for losses, not stake.
    • Wagers on any Money Back promotion do not count as qualifying bets for the purpose of deposit bonus.
    • PointsBet reserve the right to exclude any customers from Points Betting Money Back promotions at any time.

    EARLY PAYOUT OFFERS - GENERAL

    • Any Early Payout promotions can not be used in conjunction with a bonus bet or STOP LOSS. Any bets placed using a Bonus bet or STOP LOSS feature will not be deemed eligible for the promotion
    • Any Early Payout promotions will be void if a customer has a bet on the opposite side of the same market.
    • Unless otherwise stated, Early Payout promotions are for a member’s first bet on a specific market ONLY.
    • PointsBet reserve the right to exclude any customers from Early Payout promotions at any time.

    ENHANCE PRICE - GENERAL

    • Any Enhanced Price promotions can not be used in conjunction with a bonus bet or STOP LOSS. Any bets placed using a Bonus bet or STOP LOSS feature will not be deemed eligible for the promotion
    • Any Enhanced Price promotions will be void if a customer has a bet on the opposite side of the same market.
    • Unless otherwise stated, Enhanced Price promotions are for a member’s first bet on a specific market ONLY.
    • PointsBet reserve the right to exclude any customers from Enhanced Price promotions at any time.

    ELITE ODDS - GENERAL

    • Any Elite Odds promotions can not be used in conjunction with a bonus bet or STOP LOSS. Any bets placed using a Bonus bet or STOP LOSS feature will not be deemed eligible for the promotion
    • Any Elite Odds promotions will be void if a customer has a bet on the opposite side of the same market.
    • Unless otherwise stated, Elite Odds promotions are for a member’s first bet on a specific market ONLY.
    • PointsBet reserve the right to exclude any customers from Elite Odds promotions at any time.
    • Wagers on Elite Odds do not count as qualifying bets for the purpose of deposit bonus.

    PARLAY MONEY BACK OFFERS - GENERAL

    • Any parlay money back promotions can not be used in conjunction with a bonus bet. Any bets placed on a money back promotion using a bonus bet will not be deemed eligible for the promotion
    • Any parlay money back promotions will be void if a customer has a bet on the opposite side of the same market.
    • Unless otherwise stated, parlay money back promotions are for a member’s first bet on a specific market ONLY.
    • Unless otherwise stated, parlay money back promotions are for losses, not stake.
    • Wagers on any Parlay Money Back promotion do not count as qualifying bets for the purpose of deposit or match bet bonuses
    • PointsBet reserve the right to exclude any customers from Parlay Money Back promotions at any time.
    • Parlay money back promotions will state minimum qualification for participation. Qualifications include but not limited to minimum number of legs, minimum total price, minimum or maximum stake amount and or certain market or event type. Bets that do not meet the minimum be deemed not eligible for the promotion.

    BONUS BET OFFERS - GENERAL

    • If you have received a Bonus Bet, the Bonus Bet will be visible in your Account under "Bonus Bets".
    • To redeem the Bonus Bet, when logged into your Account, you must select the ‘Bonus Bet’ checkbox from within the bet slip before placing your bet.
    • If you are logged in to the Website or App, and a market has the "Bonus Bet" checkbox available on the betting slip, the Bonus Bet can be placed on that market. Events may have restrictions preventing you from placing two wagers including the Bonus Bet on the same bet market.
    • The Bonus Bet must be used within 7 days from the time that it is credited to your Account unless otherwise stated in the offer T&C's.
    • If the Bonus Bet is not used within that time, it will become void and unable to be redeemed.
    • The Bonus Bet will only be available for use in accordance with the specific terms of the Offer.
    • Bonus Bets are not transferrable or exchangeable other than in PointsBet's sole discretion.
    • The Offer must not be used in conjunction with any other offer made available by PointsBet.
    • This Offer is only open to bona fide Account holders, who act at all times in good faith, with integrity, who place bets with PointsBet for the purpose of recreation and entertainment, and who comply with PointsBet's General Rules and these Bonus Bet Terms.
    • PointsBet reserves the right to cancel or change the Offer at any time throughout the Offer Period by amending the specific terms of the Offer or these Bonus Bet Terms. The decisions of Management are final. No correspondence will be entered into.
    • Bonus Bet's must be used on markets of $1.50 (-200) or more odds.

    BONUS BET WINNINGS

    • Should your Bonus Bet be successful, only the winnings from the Bonus Bet will be credited into your Account. This means that your winnings will exclude the initial Bonus Bet stake. For example, a winning $50 Bonus Bet placed on a selection paying $3.00 (+200) will credit winnings of $100 into your Account. The $50 Bonus Bet stake will not be returned.

    DOUBLE WINNING PROMOTIONS

    • Any double winnings promotions cannot be used in conjunction with a STOP LOSS function. Any bets placed on a double winnings promotion using a stop loss will not be deemed eligible for the promotion.
    • Any double winning promotions will be void if a customer has a bet on the opposite side of the same market.
    • Wagers placed on Double Winnings Promotions do not count as qualifying bets for the purpose of deposit or bet match bonuses.
    • Unless otherwise stated, Double Winning promotions are for a member’s first bet on a specified market ONLY.
    Last updated on 08 Oct 2024
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