PointsBet Canada Sportsbook Launch Update

Single-wager sports betting is legal in Canada, and that means major sports wagering operators are chomping at the bit to acquire licensure. In Canada, single-event sports wagering legalization and licensure are handled at the provincial level, so it remains to be seen what the country’s full roster of sports betting operators will look like.

That said, major operators are already taking steps to acquire key partnerships in the northern nation. PointsBet, an Australian-based company that only launched in 2017, is one of those major players. Recently, PointsBet announced a new partnership with the major sports reporting and analysis companies Daily Faceoff and The Nation Network. Through these partnerships, PointsBet hopes to become the go-to choice for hockey sports betting in Canada.

More specifically, PointsBet is going to try to launch in Ontario sometime in 2022 or 2023. Given that Ontario is home to a plurality of Canada’s population, there’s no doubt that a successful sportsbook launch in this province would be a great feather in PointsBet’s cap.

But PointsBet hasn’t launched in Canada quite yet, and there are sure to be competing sportsbook operators to check out as well. For now, let’s break down PointsBet in detail and explore what you can expect from this mobile betting platform if and when it comes to Canadian residents.

PointsBet Canada Promo Code For November 2021

PointsBet has a distinct opening bonus worth up to $2,000. It comes with two parts: a risk-free bet for any fixed odds wager with credit up to $500 and a special “PointsBetting” risk-free wager worth up to $1500 of site credit.

Terms & conditions apply.

PointsBet Canada Promo CodeBESTOFFER
Risk-Free Bet2 Risk-Free Bets Up To $2,000 ($500 for fixed-odds bet plus $1500 for PointsBetting wager)
Promo Code Verified ForNovember 2021

PointsBet: Bonus And Promotional Grade (5/5)

Let’s break down PointsBet’s opening bonus for new players so you know how to activate it.

In a nutshell, the first half of the bonus is a risk-free bet for any fixed odds wager. The wager is refundable for up to $500 in site credit if you are less than lucky. This is pretty similar to the opening bonuses offered by other sports betting operators around the world.

The second half requires an understanding of PointsBetting: the platform’s titular and specialized betting system. We’ll break down PointsBetting in detail below. As far as the bonus is concerned, your first PointsBet wager is refundable with up to $1500 of site credit if it goes south.

Fortunately, there aren’t many strings attached with PointsBet Sportsbook. All you have to do is use the free bets within 30 days of making your account or they will expire. Even better, PointsBet allows you to split your credit across multiple free bets: a major plus considering that most other operators don’t allow this flexibility.

All in all, PointsBet’s opening bonus is very generous and a great way to try out the sportsbook before spending too much cash or deciding to make it your main platform.

But aside from the opening bonus, PointsBet also has a specialized promotion page that’s usually chock-full of new offers for both beginner and experienced sports bettors. You can sort the bonus offers into categories, break them up by sport or type of offer, and more.

Ultimately, PointsBet scores very highly when it comes to promotions and its opening bonus. There’s always something new to check out on this betting platform.

PointsBet Sportsbook: Odds Vs The Competition Grade (4.7/5)

Any good sportsbook should have quality odds derived from official league data sources. Fortunately, PointsBet qualifies because it provides excellent odds for both its standard bets and its proprietary PointsBetting system.

This is particularly impressive given the sportsbook’s headquarters in Australia and its relatively young age compared to other sports betting giants. Even better, PointsBet offers regular odds boosts on a daily basis. Odds boosts provide specific betting lines or wagers with increased odds and a potentially higher opportunity to profit for those who bet on them.

Therefore, if you don’t have any specific lines or teams you want to bet on and just want to make some money, PointsBet allows you to do this with its odds boost systems.

All that said, PointsBet isn’t always the first to offer high-quality odds for new sporting events or matchups. Still, it’s good enough that you might want to use this platform as a staple choice while you line shop (i.e. browse different sportsbooks for the best odds for a single betting line or game shared between multiple platforms).

PointsBet Mobile Sportsbook: Market Depth And Variety Grade (5/5)

As a major sports betting platform, PointsBet allows you to bet on practically every sport you can imagine, including markets for the NBA, NFL, MLB, NHL, and so on. In Canada, PointsBet will hypothetically also include fantastic betting markets for hockey in particular given its partnerships with hockey sports news organizations. In theory, this may allow PointsBet to have fantastic betting market depth and variety for Canadian hockey at both the professional and college levels.

As far as other North American sports go, PointsBet also has markets for UFC, tennis, NASCAR, golf, and college basketball and football games. Due to its Australian roots, PointsBet does even better and offers fantastic betting markets for international and European sports like soccer, rugby, Australian rules football, and more.

All told, PointsBet does a great job in terms of betting market depth and variety. But that’s not even touching the PointsBetting system mentioned earlier.

In short, PointsBetting has its own dedicated markets, making PointsBet a great choice for veteran sports bettors who want something new that they may not have seen before on other betting platforms. With PointsBetting, your odds are fixed and you know exactly how much money you will win or could possibly lose when you put your money down.

The great thing about PointsBetting is that it has separate markets from its regular sports bets. So there’s always something new to check out and new opportunities to earn a major profit with PointsBet in Canada.

PointsBet: Deposit And Cashout Grade (4.5/5)

At the time of this writing, PointsBet hasn’t yet launched in Canada. So we aren’t fully sure what means of deposit and withdrawal it will offer to its users. In America, PointsBet allows you to make deposits with a variety of methods, including ACH transfers, credit or debit card transfers, online bank transfers, PayPal transfers, PayNearMe terminals, and even using a dedicated PointsBet MasterCard.

Withdrawal is a little more limited. Aside from getting your cash at a local casino’s cascade, PointsBet allows you to make withdrawals using ACH transfers or PayPal transfers only. So you won’t be able to wire your bank account directly to your PointsBet account and get your winnings that way.

Time will tell if PointsBet Canada has the same deposit and withdrawal set up as its counterpart in the states. Hopefully, PointsBet Canada will have a few more withdrawal options available for sports bettors, as having only two is a little limiting.

PointsBet Sportsbook: Mobile App Grade (4.8/5)

The PointsBet mobile sportsbook app is very well-designed. It has live chat functionality for customer support, an easy-to-access betting slip that pops up in a secondary window, and a dedicated promotions page as mentioned above.

The red and white color scheme is a clean aesthetic choice and makes it easy to navigate throughout the app and its various functions and menus. We also like that the mobile app is functionally identical to the desktop platform, so you can swap between both sites interchangeably without getting lost.

Naturally, PointsBet is a competitive sportsbook choice because it offers live betting like many other sports wagering giants. The live betting interface is intuitive and easy to navigate through, and placing a bet is quick and simple… which is exactly what you want when you need to put your money down ASAP as the situation fluctuates in the middle of a match.

We also need to break down PointsBetting: arguably the number one factor that sets PointsBet apart from the competition.

In a nutshell, PointsBetting is a fixed-odds wagering system that tallies up your wins and losses (in terms of successful wagers) up until the end of a game, match, or tournament. The more correct your wagers are, the more money you will win. Vice versa if you are more incorrect or unlucky.

Say that you decide to wager on a match between the Boston Celtics and the Cleveland Cavaliers. In this matchup, the Celtics were favored to win by a margin of seven points. The Celtics won the game 141 to 103. As a result, they covered the spread by a total of 31 points.

If you had bet $10 on the Celtics, you would have one $310 because your wager was multiplied by how much you were “right. On the flip side, if you had wagered on the Cavaliers, you would have lost $310 even if you had only bet $10.

As you can see, this betting style is pretty extreme and may not be the best choice if you are new to sports betting overall. But veteran sports bettors often find this style of sports betting to be exciting and very lucrative. It’s one more reason to try out PointsBet when it eventually comes to Canada.

PointsBet: Overall Grade (4.9/5)

Ultimately, PointsBet is a fantastic sportsbook app from start to finish. Not only does it have a very generous opening bonus, but it also has regular ongoing promotions and odds boosts to keep things interesting, even for longtime sports bettors.

More importantly, PointsBet has a fantastic mobile app in terms of interface and navigability, plus live betting and a special PointsBetting system that is sure to thrill sports bettors looking for something challenging and exciting. The app’s customer service is stellar, the app is lag-free, and the available sports betting markets are well-developed and diverse.

In our opinion, PointsBet would be one of the best mobile sportsbook apps to launch in Canada in the upcoming year. Should it launch in Ontario or elsewhere, we highly recommend you give it a try. 

Is PointsBet Sportsbook Legit?

Yes. Though it only launched in 2017, PointsBet has since successfully expanded into the US from its Australian roots. It was successful in setting up sportsbook apps in several states, including New Jersey, Colorado, and more. As a result, you can rest assured it’s a very safe and legitimate operation.

Multiple US states had to vet and investigate the sportsbook app before awarding it licensure. In addition to that, several Canadian organizations, like the above-mentioned partners, have investigated PointsBet and found it to be legitimate and trustworthy.

PointsBet has promised to follow the sports wagering rules set by whatever provincial government will allow it to operate. Therefore, should it launch in Ontario or elsewhere, PointsBet will operate legitimately and you won’t need to worry about your personal information or money being stolen.

Why Choose PointsBet Over Illegal Betting Sites?

Since single event wagering is now legal in Canada, there’s no reason to choose an illegal or offshore betting site as you might have before. While offshore betting sites were technically an option to Canadian residents, they were rife with potential risks, like:

  • Low digital security, putting your personal information and winnings at risk from cybercriminals like hackets
  • Low trust. The offshore betting organizations are not overseen by any Canadian regulatory body, so there is and was nothing stopping them from taking your money and running
  • Poor betting odds and market variety, meaning your sports betting experience was more likely to be subpar

In contrast, PointsBet is a legitimate sportsbook operation and will be regulated by the Canadian government or a subsidiary organization once it’s licensed. Therefore, should anything ever go wrong, you’ll be able to pursue a legal recourse and possibly get your money back.

Why Can You Trust PointsBet Sportsbook With Your Money?

PointsBet already has a history of successful operation in many US states and beyond. Because of this, you can trust that the operator will not take your money or try to dispute legitimate winnings you make from placing successful wagers.

On top of that, PointsBet uses SSL certification and other digital security methods to ensure that your information and your money are safe from digital hackers and other cyber threats. All in all, PointsBet is very trustworthy with your money given its history of successful operation.

PointsBet Sportsbook Fact Sheet

How Old Do You Have To Be?21
What Provinces Is It Legal In?Possibly Ontario in the future
Who Is PointsBet’s Partner In Canada?Daily Faceoff/The Nation Network
Launch Date In CanadaTBA

PointsBet Canada FAQ

Is it legal to bet on sports online at PointsBet Canada?

Not at this time, although PointsBet is making serious inroads into the country and should be legalized sometime soon.

How old will you have to be to bet online using PointsBet in Canada?

That’s dependent on provincial rules. More than likely, you’ll need to be 21 years of age or older to bet online using PointsBet Canada.

Will you need to be in Ontario or Canada when you place a sports wager using PointsBet?

Yes; the app will include geolocation software to make sure you don’t place a bet outside provincial lines.

How will you get paid if you win at PointsBet Canada?

You’ll be able to withdraw your winnings using either PayPal or ACH transfers.

Does PointsBet offer any free bets or deposit bonuses?

Yes. PointsBet has a risk-free wager offer for both a fixed-odds wager and a special PointsBetting wager placed using its platform.

Can you sign up for PointsBet from anywhere within Canada?

Most likely. You’ll probably be able to sign up for PointsBet from within Ontario provincial lines at a minimum.

About the Author

Amber Hoffman

Amber is the Managing Editor of Toronto Sports Media. She writes for a variety of websites in diverse industries, including gaming and travel and is a fan of international football (not "soccer") and Gaelic sports.