PointsBet Sportsbook Illinois Promo Code | $250 Bonus

Jump to main content

PointsBet Sportsbook Illinois Promo Code | $250 Bonus

pointsbet sportsbook
Second Chance BetsSecond Chance Bets$250Up to $250

Illinois sports bettors can now take advantage of a new sign-up bonus from PointsBet Sportsbook. Simply sign up with PointsBet Illinois and make your first deposit to receive five second-chance bets, each worth up to $50. This generous offer brings the total value of the PointsBet Illinois welcome bonus to an impressive $250, making it a highly rewarding opportunity for new users.

Keep reading the PointsBet Sportsbook Illinois betting guide to gain a deeper understanding of PointsBet. By the end, you will have a clear understanding of whether:

  • PointsBet outperforms all other sportsbooks in the state.
  • If PointsBet appears to be a fitting platform for your sports betting needs
  • You have all the essential qualifications needed to sign up with PointsBet.
  • PointsBet offers easy and convenient methods for both depositing and withdrawing funds.

Begin by taking advantage of the generous sign-up bonus offer from PointsBet. We are also available to address any other inquiries you may have.

visa
mastercard
echeck
onlinebanking
Why Choose PointsBet Sportsbook?
  • Get a Welcome Bonus of $250 in second chance bets.
  • Illinois has legalized sports betting.
  • Easily place bets on Apple and Android with mobile betting apps.
  • There are many additional promotions offered, such as “PointsBetting.”
PointsBet Online Sportsbook Rating
  • Support:

  • Payouts:

  • Bonus:

  • Overall:

pointsbet sportsbook

PointsBet Sportsbook Illinois bonus

Creating a new account with PointsBet is rewarding thanks to its welcome bonus, which can be worth up to $250.

Begin the registration process on PointsBet online and continue with the subsequent steps.

  • Put funds into your account.
  • Afterwards, your initial daily traditional wager will be protected for a maximum of $50.
  • If any of the five bets result in a loss, PointsBet Illinois will provide reimbursement in the form of a betting credit up to the daily maximum of $50.
  • The bet credit can be divided among up to four people and will expire precisely one week after being added to your account.
  • Only cash wagers qualify.

We strongly suggest taking advantage of the PointsBet Illinois welcome bonus, which offers a rare opportunity to receive five second-chance bets. It is especially beneficial that the betting credits given for losses can be divided into multiple parts, allowing for more flexibility. Additionally, there is no need to enter a PointsBet Illinois promo code when signing up through our provided links.

PointsBet promo code May 2023

PointsBet Illinois Promo Code Click to claim promo
Total Sign-Up Bonus Up to $250
Bonus Details • Five second chance bets
• One per day, up to $50 each day
• Refund issued as a bet credit
Online Since 2020
Last Updated May 2023

Sign up for an account at PointsBet Illinois Sportsbook

Setting up your PointsBet Illinois account requires a few extra details compared to a standard social media site registration, but the process is still quick and easy. It’s worth mentioning that you don’t need a PointsBet promo code to get a $250 welcome bonus. Here’s a breakdown of the information you’ll need to provide:

  • Username
  • Email
  • Password
  • Date of birth
  • Address
  • Phone number
  • Social Security number

No matter what device you are using – whether it’s a desktop computer, laptop, tablet, or phone – you must activate your geolocation. This is necessary because sports betting is restricted to specific states, and the websites must verify that you are currently in Illinois.

Additionally, please remember that registering for a sports betting account in Illinois does not allow you to place bets outside of the state’s borders. It is recommended to place all bets before traveling to a state where sports betting is not permitted.

Other PointsBet promotions and bonus offers

In addition to the sign-up bonus offers by PointsBet, sports bettors can also take advantage of various other specials and promotions. Here are a few examples:

  • Boost your parlays with our Parlay Booster feature! Customize your three-leg or more parlays with any market to increase your potential earnings.
  • Receive a custom bet: Share your one-of-a-kind market idea with @PointsBetUSA on Twitter using #nameabet, and PointsBet will offer you a price.
  • Daily Boosted Odds: Make sure to check the app daily for enhanced odds on a variety of sports bets.

You can earn rewards points on PointsBets with every bet you make. For every $5 fixed odds bet, $1 parlay bet, and every $1 won or lost through “PointsBetting”, you will receive one point.

What is PointsBetting?

“PointsBetting” changes traditional bets such as spread, over/under, or prop bets by allowing potential gains or losses to vary until the end of the game, rather than being predetermined.

The basic idea behind “PointsBetting” is that the accuracy of your predictions directly affects the amount you win or lose. To illustrate this concept, let’s use an example.

If you bet $1 on the Chicago Bears to win as 7-point favorites and they win by 14 points, you would make a profit of $7, which is seven times your initial bet. However, if the Bears only win by 1 point, you would lose $6 as they missed the spread by 6 points.

Every betting market has a unique multiplier limit based on its level of volatility. The maximum cap for potential wins and losses in certain markets can be as high as 250x, while in other markets, it may be as low as 10x.

Due to the unpredictable nature of potential losses in PointsBetting, a portion of your funds will be held while you have active PointsBetting bets. The sportsbook will show the “withheld balance”, “maximum win level”, and “maximum loss level” for each wager before you finalize your PointsBetting bet.

You also have the option to choose personalized caps for your “PointsBetting” bets. While these limits can prevent large losses, they may also limit your potential winnings.

When you sign up for PointsBet Sportsbook Illinois, you will automatically get five second-chance bets worth up to $250. Please note that PointsBetting stakes are not eligible for this offer and no promotional code is required.

PointsBet online sportsbook features

PointsBet, a company that began offering sports betting services in Australia in 2017, is a newcomer in the industry. The company has now expanded its operations to the United States, with Illinois becoming the fourth state to welcome a PointsBet Sportsbook, joining New Jersey, Iowa, and Indiana. Plans are also in place for the company to launch in Colorado and Michigan in the near future.

While PointsBet may be a new player in the market, it offers a wide range of benefits to its customers. Let’s take a closer look at some of the key advantages:

  • PointsBetting is a distinctive feature offered by PointsBet, allowing bettors to make wagers where their potential winnings or losses are based on the accuracy of their specific bets.
  • Promotions: PointsBet provides daily odds boosts and a variety of promotions that align with different sports events throughout the year.
  • Parlay Booster: PointsBet offers players the chance to boost their parlays with three legs or more, leading to increased potential winnings upon winning.
  • PointsBet prides itself on its speedy sportsbook, essential for placing bets before game time or odds change. The platform is designed for easy navigation, making it a major advantage when you need to place a bet in a hurry.
  • If you encounter any problems, please don’t hesitate to reach out to our customer service team via email or live chat. You can also get in touch with PointsBet on social media for help or questions.

PointsBet sports betting app

If you decide to sign up online, consider downloading the PointsBet Sportsbook Illinois app for your iPhone, iPad, or Android device. The app is free and works on both iOS and Android. Simply visit the PointsBet homepage for instructions on how to download it.

Once you have downloaded the app, simply log in with your account information to get started. Take some time to familiarize yourself with the app’s layout so that you can easily navigate and place bets or make deposits when necessary.

By having the PointsBet online sportsbook app on your phone, you have a live sportsbook available at all times. This allows you to easily access game times, betting lines, and place bets whenever you desire.

Best features of the PointsBet sportsbook app

We recognize that most of you are mainly interested in the standout features of the PointsBet sportsbook app. In light of this, we have highlighted our top three favorite aspects of PointsBet in this section, even though we have covered various other aspects as well.

  • PointsBetting is an irresistible feature of PointsBet that some bettors may find exhilarating due to the variables involved. The accuracy of your bet determines your reward or penalty, with transparency on potential gains or losses from PointsBetting wagers to avoid end-game surprises.
  • While it is expected that Same-Game Parlays (SGPs) will become a common feature at most sportsbooks in the future, currently only FanDuel in our state offers them. SGPs allow bettors to combine various bets such as moneyline, spread, and over/under for a single game or multiple props for one game. They are especially popular on Monday and Thursday nights in the NFL when there is only one game being played. While PointsBet currently only offers SGPs for the NFL, we expect them to expand to other sports soon.
  • PointsBet consistently provides a variety of promotions and rewards for players. Their loyalty program allows players to earn points for every $5 bet on standard odds, $1 bet on parlays, and every dollar won or lost with PointsBetting. Once players accumulate 100 points, they receive $1 in bet credits. In addition to the loyalty program, PointsBet offers a wide range of promotions on their promotions page, making it a standout Illinois sportsbook with plenty of enticing offers.

How could PointsBet Sportsbook improve?

PointsBet is strong in several areas, but we see opportunities for improvement in specific aspects. As a result, we have pinpointed three areas where we think PointsBet Sportsbook in Illinois could elevate their performance in the future.

  • Improving Chances: PointsBet falls behind its competitors in a crucial aspect. When comparing the moneyline odds for Week 7 of the 2020 NFL season, PointsBet did not perform as well as Fox Bet, FanDuel, BetMGM Sports, and DraftKings. While the other sportsbooks offered the best or tied for the best odds on at least four games, PointsBet only achieved this for two games. Although PointsBet’s odds were close to the competition, even a small difference can result in significant losses for those making substantial bets.
  • The color scheme of the PointsBet app, with its black and red theme, may be subjective in nature. However, some users may find it to be too intense. Many apps provide the option to switch between light and dark modes to cater to individual preferences. It would be advantageous for PointsBet to consider adding this feature in the future, particularly for users who are not fond of the current dark theme.
  • Reducing Betting Options: While it may seem strange to criticize a sportsbook for offering too many betting choices, the abundance of options at PointsBet online sportsbook can be overwhelming for novice bettors. For example, during baseball games, there is the option to try PointsBetting with batter vs. pitcher matchups, where scoring varies based on the type of hit. This can be confusing for those new to sports betting. We recommend adding an option to disable PointsBetting for those who prefer a simpler betting experience.

Sports betting types available at PointsBet

Sports betting offers a wide range of options for placing bets, making it a top benefit for bettors. Let’s take a look at the most popular types of bets available at PointsBet in Illinois.

  • Moneyline is the act of picking the victor in a competition. Negative odds indicate the favored participant, while positive odds indicate the underdog.
  • Rewrite: Point Spread: Sportsbooks set spreads for games, indicating the minimum margin of victory the favorite must achieve or the maximum margin the underdog must stay within for your bet to be successful. If your selected team meets or exceeds the spread, you win your bet.
  • Over/Under bets involve predicting whether the total points in a game will be higher or lower than the line set by the sportsbook. This type of bet can also be placed on individual player statistics.
  • Prop bets are additional wagers made on specific events occurring during a game. For example, betting on a player to achieve a triple double in an NBA game or hit a home run in an MLB game are common prop bets.
  • In-play Betting: Don’t worry if the game has already started, you can still place bets on it. In-play sports betting allows you to place bets on games that are already underway, with the odds changing throughout the game.
  • Betting on futures involves predicting the outcome of upcoming events, such as championships or individual player awards like MVP or Cy Young.
  • Parlays are bets where you combine multiple individual bets into one. In order to win, every bet within the parlay must be correct. If any of the bets are wrong, you lose the entire wager. The more bets you include in your parlay, the greater your potential winnings.
  • Round Robins are similar to parlays in that they allow for multiple combinations within a single wager. The advantage of round robins is that you can afford to have one prediction incorrect. While they are easier to predict accurately, the potential winnings are typically lower than parlays.
  • Teasers are commonly used in football and basketball betting to adjust the spread across multiple games, with odds changing based on the direction of the line movement.
  • PointsBetting, unique to PointsBet, allows bettors to make more money based on the accuracy of their bets. Conversely, it also means that bettors can face bigger losses if their bets are far from correct.

Sports you can bet on at PointsBet in Illinois

PointsBets offers betting options on a wide variety of sports, including major American professional and collegiate sports, international soccer, auto racing, as well as niche sports like cricket, darts, and rugby.

Illinois sports team betting guide

One of the great benefits of sports betting in Illinois is the ability to legally place bets on your favorite local teams. If you’re a fan of the Blackhawks, Cubs, or White Sox, there’s nothing better than earning money while watching your team win. Let’s explore all the Illinois teams you can bet on at PointsBet.

  • Bet on Chicago Cubs games, futures, props, and live betting for all MLB matches.
  • You can wager on Chicago White Sox games, as well as futures, props, and live betting for all MLB matches.
  • The Chicago Bulls provide betting options for their games, as well as futures, props, and live betting for all NBA matchups.
  • You can wager on Chicago Bears games, as well as futures, props, and live betting for all NFL matches.
  • You can wager on Chicago Blackhawks games, as well as futures, props, and live betting options, in addition to all other NHL matches.
  • Chicago Sky provides betting options for its own games, as well as futures, props, and live betting for all WNBA games.
  • You can wager on Chicago Fire matches, as well as future outcomes, proposition bets, and live betting for all MLS games.

Unfortunately, you are not allowed to bet on local college teams, but you can still place bets on college sports in general.

Remember that you can still bet on sports that are not held within your state. In addition to team sports, individual sports such as auto racing, UFC, and golf are available for betting. PointsBet provides a diverse selection of options for your wagering needs.

PointsBet Illinois futures market

If you prefer strategic, long-term betting or have a keen intuition about a team or season’s potential, futures betting may be the perfect option for you. The futures market provides a range of opportunities, particularly with our Illinois-based professional teams. Explore the offerings from PointsBet for exciting futures betting options.

  • Bet on the Chicago Cubs to win the World Series, National League pennant, or NL Central in futures betting. Starting next season, you can also place bets on regular season win totals.
  • You can bet on Chicago White Sox futures to win the World Series, the American League pennant, or the AL Central. Starting next season, you can also place bets on the total number of wins during the regular season.
  • Bet on the Chicago Bulls to win the NBA Finals, Eastern Conference title, or Central Division title in the upcoming season. You can also wager on their total regular season wins and future NBA draft picks.
  • Bet on the Chicago Sky to win the WNBA championship this season with futures betting.
  • Bet on the Chicago Bears to win the Super Bowl, NFC or NFC North Division title. You can also wager on the total number of regular season wins, who will win awards like MVP and Coach of the Year, and which player will lead the league in different statistical categories.
  • Bet on the Chicago Blackhawks’ future success by placing wagers on their chances of winning the next Stanley Cup, Western Conference, or Central Division title. Don’t overlook their regular season win and point totals when placing your bets.
  • At this time, PointsBet does not provide futures betting options for MLS, including the Chicago Fire.

Banking options at PointsBet sports betting

At present, PointsBet offers various methods to deposit funds into your account, with a minimum deposit requirement of $10.

  • Bank ACH/e-check
  • Visa or Mastercard credit card
  • Bank transfer
  • We welcome you to visit us at Hawthorne Race Course or at any of our 10 off-track betting (OTB) locations in person.

PointsBet Racebook

After more than ten years in the horse betting industry, PointsBet has acquired BetPTC.com and its parent company, Premier Turf Club, LLC. The horse betting platform, which currently operates in 18 US states, will be rebranded as PointsBet Racebook in the near future.

When PointsBet Racebook launches, new players may receive a $200 sign-up bonus. To be eligible for this incentive, they must wager a minimum of $750.

The PointsBet Racebook is likely to continue offering additional promotional incentives, such as a 4% rebate on all exotic bets. We will monitor any updates on the launch of PointsBet Racebook and provide you with further information once it is operational.

PointsBet customer support

PointsBet’s online chat is available around the clock, and customer support can also be reached through email. While contacting them via their Twitter account is an option, for immediate issues, the most effective methods are the online chat and email.

Is PointsBet Sportsbook legal in Illinois?

In June 2019, Illinois Governor JB Pritzker approved the Sports Wagering Act, allowing for sports betting to take place in-person and online in the state.

The first legal sports bet in Illinois was placed at Rivers Casino in Des Plaines in March 2020. Shortly after, online sportsbooks started operating. PointsBet was later launched in the same year and is now fully licensed and regulated by the Illinois Gaming Board.

Responsible gambling at PointsBet Illinois

Even though PointsBet is a sports betting company, it remains focused on promoting safe and responsible gambling. This dedication is reflected in a statement available on its website:

At PointsBet, we want you to have fun while gambling, but we also understand the potential negative impact it can have on your life and relationships. Our goal is to help you control your gambling habits so that they enhance, rather than disrupt, your life.

After that, it offers tools to help identify if you have a gambling problem and outlines the necessary actions to take if you do, such as guidance on closing your account. It also enables you to set limits on your account to manage how often and how much you bet.

Where is the PointsBet retail sportsbook?

PointsBet’s retail sportsbook can be found at Hawthorne Race Course in Cicero, a suburb of Chicago.

  • 3501 South Laramie Avenue, Cicero, IL 60804
  • Phone: 708-780-3700
  • Website: www.hawthorneracecourse.com

You also have the option to place bets at any of Hawthorne’s off-track betting locations.

Is PointsBet the best sportsbook in Illinois?

It is evident that identifying the top sportsbook in Illinois is not a simple task. With the state still in the early stages of sports betting and PointsBet being a relatively new player in the industry, the decision is not clear-cut.

Make sure to monitor PointsBet for excellent odds and high-quality promotions. When it comes to speed and website usability, PointsBet is widely regarded as one of the top choices in its category, if not the very best.

With its innovative “PointsBetting” feature and rapid growth strategy in the US, such as setting up operations in Colorado, it is reasonable to anticipate that this sportsbook could emerge as a top player in Illinois for years to come.

PointsBet Sportsbook Illinois FAQ

To claim the $250 welcome bonus at PointsBet Illinois, simply sign up without needing a bonus code. Upon signing up, you will receive five second-chance bets, valued at up to $50 each. If any of your cash bets do not win, PointsBet will refund you with bet credits. For complete terms and conditions, refer to the PointsBet welcome bonus section above.

PointsBet Illinois provides customers with multiple options for withdrawing funds online, including online banking, PayPal, and ACH/e-check. For those who prefer to withdraw cash in person, there are three physical locations in Chicago where this is possible: Club Hawthorne Crestwood, Club Hawthorne Prospect Heights, and Hawthorne Race Course.

The app is not required as you can access the same sports and leagues through the desktop or mobile-optimized websites. If you do choose to use the app, you can easily download the Apple or Android versions from the PointsBet homepage.

PointsBet provides a promotion called a parlay boost and also offers an early cash-out feature located on eligible bets at the bottom right corner of your bet slip.

To legally place bets at PointsBet or any other online sportsbook in Illinois, you must be physically located within state boundaries.

Yes, PointsBet does offer betting on college sports, but if you want to wager on an Illinois college team, you must do so in person. Additionally, bets can only be placed on the team as a whole, not on individual players.