PointsBet Declares War on Risk

Trayce Thompson #25 of the Los Angeles Dodgers is greeted in the dugout. Jayne Kamin-Oncea/Getty Images/AFP

Betting on sports is great when you win money, but the prospect of losing your hard-earned cash can be a significant hurdle for many people.

PointsBet is doing its best to remove those hurdles as it declares war on risk this summer with a variety of enticing risk-free offers that it rolled out for the month of July and beyond. 

Two Risk-Free $2,000 Bets

Many sportsbooks offer a risk-free first bet for new users. Not many of them have a maximum as large as PointsBet’s $2,000 risk-free offer. And it’s not just for your first bet … the risk-free offer covers your first two wagers. 

Your first bet, of up to $500 on any standard moneyline or point spread wager, is covered. If you win, you keep whatever you earn, but if you lose, you get your stake back, up to $500. The second bet, of up to $1,500, is covered if you place it using PointsBet’s patented points betting feature.

Points betting adjusts the amount of your payout (or loss) based on the margin of victory (or defeat). The more you beat the line by, the higher your earnings, and the bigger the miss, the more you can lose. 

The offer is available in 10 states, using the code BVIEW1.

Five Risk-Free Bets

Two risk-free bets? Child’s play! PointsBet has another offer that gives you up to FIVE risk-free bets. 

If you sign up for a new account and use the promo code 500XL10 you can get five risk-free bets of $100 each. 

Each of the first five days your account is open, you get a $100 risk-free bet. You can split the free-bet credits up to four ways, meaning the $100 free bet could actually be four $25 bets, if you want. They expire seven days after you get them.