Following a successful launch into the Australian sports betting market back in 2017, PointsBet is continuing to expand its presence in North America. Having already established itself as a market leader in ten US states, PointsBet Ontario has now become the first PointsBet sportsbook to open in Canada. PointsBet Ontario is headquartered in Toronto and has close ties to the major sporting franchises there, including the Blue Jays, Raptors, Maple Leafs, and Toronto FC.

There’s lots to know about PointsBet Ontario. You can get all the details with our expert review – from the payment options to the markets on offer, we do it all here at Compare.bet.

Why Sign Up To PointsBet Ontario

PointsBet’s stock continues to rise as it captures the excitement of sports fans right across North America. One of the big draws of this bookmaker is its unique PointsBetting wager option, in which punters can make predictions on the outcomes of their favourite sporting fixtures, maximizing potential rewards depending on their margin of victory. While PointsBetting isn’t yet available on the Ontario site, we’re hoping it does arrive some day. In the meantime, you can enjoy traditional fixed odds bets on a huge selection of sports and markets.


pros icon What we like:

  • Huge range of sports and markets
  • Live streaming facilities
  • More markets on NBA & NFL than any other bookmaker
  • 24/7 live chat

cons icon What we don't:

  • Points Betting is a high-risk wagering format

History of

2022

In the wake of a change in Canadian legislation to permit single-event sports betting, PointsBet goes live in Ontario.

2021

In March, PointsBet acquired Banach Technologies, market leaders in pre-game and in-play sports markets.

2020

Pointsbet secures a number of partnerships in recent years to strengthen its products. These include deals with the Detroit Tigers, the Indiana Pacers, the Denver Nuggets, and Spain’s premier soccer league, La Liga.

2019

following changes to online betting legislation in a number of US states, PointsBet secured market access to Colorado, Iowa, Ohio, Indiana, Missouri, West Virginia, Louisiana, New Jersey and New York. Further access to other states was then granted in subsequent years.

2015

The PointsBet brand was launched in 2015 in Australia and opened its first sportsbook two years later.


Welcome Bonus

2 Risk Free Bets Up to $2000
Get up to a $500 Refund (in Free Bets) if your 1st Fixed Odds Bet loses and up to a $1,500 Refund (in Free Bets) if your first PointsBetting Wager loses!. New Customers Only! Use Code - WELCOME - to take advantage! 18+. Full T&Cs apply. Please gamble responsibly.

PointsBet Ontario has a two-part welcome bonus for new members. First up, there’s a $50 no deposit bonus. In other words, you’ll be given a $50 free bet credit simply for signing up. This bonus can be split up to four times, but bear in mind that it will expire seven days after being issued.

On top of this, you can take advantage of ‘Bet & Get’ deals during your first seven days as a member. When you place a qualifying fixed odds wager, you’ll receive a free bet credit whether you win or lose.

The maximum value of this bonus depends on your first deposit. If your initial payment into your account is between $5-$499, you’ll be eligible to receive a daily $20 free bet for seven days (so $140 in total). If your first deposit is $500 or over, the free bet value rises to $100 per day (so $700 in total).

To qualify for the free bet credit, your selection must have minimum odds of -200. Your stake must be at least $20 if your first deposit was $5-$499, or at least $50 if your first deposit was $500 or over. Free bet credits from these Bet & Get deals expire 72 hours after being issued.

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Promotions

Ongoing promos are very much a thing at PointsBet Ontario. Head over to the relevant section on the site, and you’ll see what’s on the menu. At the time of writing, you can grab one traditional parlay boost and one same day parlay boost every single day. As long as the parlay in question has three legs or more, you’ll be able to hit the lightning icon to get a boosted payout if all your selections come good.


Sports available at

As with its sibling sites in other parts of North America, PointsBet Ontario covers a wide range of sports. You can place wagers on some of the world’s most popular leagues, including the NHL, the English Premier League and the German Bundesliga. Indeed, PointsBet claims to have more betting markets on the NBA and the NFL than any other bookie in the world, so you’ll find lots to keep you entertained in those categories. And, if your interests run to lesser-watched sports like table tennis and curling, you can find plenty of events in these categories too.

  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • F1 and Motorsports
  • Football
  • Golf
  • Hockey
  • Rugby League
  • Rugby Union
  • Soccer
  • Tennis
  • UFC/MMA

Live Betting & Streaming

As the North American sports betting market matures, the rate of live betting will increase, which means sites will come with live streaming facilities. Live betting provides a layer of dynamism to sports wagering, allowing punters to make decisions as the game plays out. And with live streaming, sportsbooks provide the most complete way in which bettors can follow the action and make informed betting decisions.

PointsBet recently signed an agreement with Genius Sports to secure live streaming access to thousands of sporting events around the world, placing itself as a leading operator in this area. Tennis, table tennis, soccer, and European basketball are among the live streaming markets available at PointsBet.

You’ll first need to be signed up to the site and have at least $10 in your betting account in order to access PointBet’s live streaming facilities.


Odds

PointsBet sites run a dedicated Booster Odds section, where punters will find betting options on standard sporting fixtures at increased odds. Boosted odds are usually found in the run-up to high-profile sporting event such as the Super Bowl or the soccer World Cup Final. With PointsBet’s dedicated Booster Oddssection, however, you’re likely to see a greater number of enhanced odds.
PointsBet also allows customers to personalize their bet slips through the Name a Bet section, where punters can request odds on whatever outcome they fancy taking place.


App Review

Dedicated mobile apps offer punters the best sportsbook wagering experience, with faster loading times, instant push notifications, and in-play access to the biggest fixtures while out on the move. PointBet’s mobile apps are no different, letting you watch live streams, put together parlays and manage your funds wherever you are. Unsurprisingly, the app gets generally great reviews on both the App Store and Google Play, so you can look forward to sleek and seamless mobile betting.

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Design & Usability

PointsBet sites around the world exude a confidence that lets visitors know they’re in capable hands. The simple red and black colour scheme is bold and direct, providing a striking but simple background. In terms of navigation, it couldn’t be any more intuitive – just use the A-Z to find your preferred sport, select your market, and browse the thousands of betting options at your fingertips. We like that PointsBet offers dedicated pages for its Promos, Name a Bet and Booster Odds features, so it’s easy for punters to find the best bets at any one time.


Special Features

The standout feature at PointsBet is its unique PointsBetting market. While this isn’t yet available in Canada, it’s such a strong USP of the PointsBet brand that it’s worth having an idea of how it works.

Whereas most sports bets, like fixed-odds betting, have a clearly defined win/loss dynamic, PointsBetting stretches these outcomes to allow for bigger wins. Here’s an example.

Let’s say you’ve selected the PointsBetting option on an upcoming Utah Jazz game and wager $10 on Donovan Mitchell to score 25 points. For every point above 25 scored, you’ll collect one multiple of your wager. So, if Mitchell scores 27 points, your bet would win $20; if he scores 35 points, that’s $100. However, it’s important to remember that PointsBetting works in reverse too, allowing for greater losses if your bet is wrong. If Mitchell scored just 15 points, for example, the bettor would stand to lose $100.

PointsBet also offers betting markets that aren’t available anywhere else, particularly in its NFL and NBA sportsbooks. Among this special list includes quarterback completion percentages, player shooting percentages, and player points multiples, which combines records over quarters.

PointsBet members will also be able to accrue loyalty points through the loyalty program. $5 bets on fixed-odds outcomes will receive one loyalty point, as will $1 parlay bets. Redeeming 250 points will earn you a $2.50 free bet, both on the app and the desktop site.

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Payments

PointsBet tailors its payment method menus depending on the country it’s operating in. In Ontario, deposit options are relatively limited right now. You can transfer money directly from your bank account using the Trustly platform, which is highly secure and doesn’t require you to provide your bank account details to PointsBet. Alternatively, you can make deposits using PayPal or your Visa or Mastercard debit/credit card.

Withdrawals can be made using the Trustly online banking route or PayPal. It’s worth checking back in the future to see if additional deposit or withdrawal methods, such as Interac and iDebit, become available at PointsBet Ontario.


Customer Support

While PointsBet has an extensive FAQ section which covers topics such as promotions and betting basics, you can also get in touch with the staff if there’s an issue that needs addressing. We understand that betting can be a tense exercise – particularly when time is of the essence – so we’re always pleased to see live chat facilities on-site. You can also drop PointsBet an email at [email protected]

Your Questions Answered

What is the best payment method for fast withdrawals?

PayPal is your best for the fastest withdrawal, as funds will typically reach you within 1-2 working days. By contrast, you may have to wait up to an extra day with Trustly payouts.