PointsBet made a name with its unique PointsBetting format — but in 2026, it's fighting to stay relevant against the giants.
PointsBet was acquired by Fanatics in 2023, and the brand has gone through a significant transition. In some states it still operates under the PointsBet name, but the product has been absorbed into the Fanatics ecosystem. Here's what that means for bettors evaluating the platform this year.
The PointsBetting Format — Still Unique
PointsBet's namesake wagering style is unlike anything else in the industry. Instead of fixed odds, your winnings or losses scale with how right or wrong you are. Bet the Lakers -5 using PointsBetting and win by 12 — you win 7x your stake. But if they lose by 3, you lose 8x. It's high-variance and not for the faint-hearted, but it creates real upside potential that flat-odds betting can't match. Standard fixed-odds bets are also available on everything you'd expect.
Interface and User Experience
The app is clean and modern, with a well-organized bet slip and competitive live betting options. Navigation between sports is intuitive, and the search function works well for finding specific props. Loading times are snappy, which matters during peak hours on Sunday afternoons.
Promos and Ongoing Value
New user promos are competitive, typically matching your first bet up to $500-$1,000. Existing user offers are average — nothing as structured as BetRivers' loyalty program. If you're primarily bonus-hunting, PointsBet gets you in the door but doesn't reward long-term play as richly.
Track Performance Across All Your Books
Whether you're PointsBetting or placing standard wagers, knowing your actual ROI across all sportsbooks is critical. Oddible lets you log every bet, track your win rates by sport and bet type, and identify where your real edge lies — regardless of which app you placed the bet on.
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