PointsBet review
PointsBet is the only Australian bookmaker offering its signature PointsBetting product (variable payout based on margin of victory). Strong US sports coverage, moderate limiting, and a US-style product approach.
Overall rating
3.8 / 5
★★★½
Sharp tolerance
3.0 / 5
★★★ ☆
At a glance
- Founded
- 2017
- Owner
- PointsBet Holdings (acquired by MIXI Australia 2024)
- Licence
- Northern Territory Racing Commission (Australia)
- Website
- pointsbet.com.au
- Price update speed
- Medium (~5–7 min) · 5 min avg
- Limiting timeframe
- 4–10 weeks
Best for
Market strengths
Product features
Pros
- Unique PointsBetting variable-payout product unavailable elsewhere in AU
- Strong US sports market depth (NBA, NFL, MLB)
- Moderate limiting timeframe — typically 4–10 weeks for sharp accounts
- Established settlement reliability
Cons
- PointsBetting carries significant downside risk for inexperienced users
- Smaller racing footprint than Tabcorp or Entain brands
- Price update speed is mid-tier (around 5 minutes)
- App can feel cluttered with multiple product tabs
Verdict
Best AU option for US sports and bettors who want variable-payout products. Less compelling for pure AU racing punters.
FAQ
Is PointsBet licensed in Australia?
PointsBet operates under a licence issued by the Northern Territory Racing Commission (Australia), an Australian wagering licence regulated under the Interactive Gambling Act 2001.
How fast does PointsBet update prices?
PointsBet's average price update cadence is 5 minutes — classified as Medium (~5–7 min). Slower books often hold stale lines that surface on +EV and arbitrage scanners.
Will PointsBet limit a winning account?
US-style book; unique products. Blend PointsBetting with standard bets. Typical timeframe to limiting for sharp accounts: 4–10 weeks.
What sports does PointsBet cover?
PointsBet offers markets across NBA, NFL, MLB, NHL, AFL, NRL, Horse racing. Product features include PointsBetting, Same-Game Multi, Cash Out, Lightning Bets.
Does Krok Odds receive payment for these reviews?
No. Krok Odds is a subscription analytics product. We do not accept affiliate commissions for bookmaker sign-ups, nor are these reviews sponsored. Australian law also prohibits inducement-based bookmaker promotion.
Compare against other AU books
For live odds comparison across PointsBet and 12+ other AU books, use the odds screen. For full methodology behind these ratings, see the methodology page.
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