What is PointsBetting?

PointsBetting is a spread-style betting format unique to PointsBet. Your winnings and losses scale with how correct you are — if you back a team to win by 10 and they win by 15, you win more than a fixed-odds bet. If they win by 5, you win less.

Is PointsBet available in all Australian states?

Yes. PointsBet holds an Australian Capital Territory racing and wagering licence and is available to customers in all Australian states and territories.

How fast are PointsBet withdrawals?

PointsBet supports PayID withdrawals, which typically process in under two hours. Bank transfer withdrawals take 1–2 business days.

Does PointsBet restrict winning accounts?

PointsBet has a better reputation than some competitors for account treatment, though like all bookmakers it reserves the right to limit or close accounts at its discretion.

What sports can I bet on at PointsBet?

PointsBet covers AFL, NRL, cricket, soccer, tennis, basketball, rugby union, horse racing, greyhounds, and a wide range of international sports including NFL, NBA, and EPL.

Home › Bookmakers › PointsBet Review

Independent Review · May 2026

PointsBet Review 2026

Last updated: May 2026

★★★★★ 5.0/5 · Sports & Racing · Est. 2017

Spread betting meets fixed odds - no other bookmaker does what PointsBet does.

Key features

PointsBetting MarketsSharp Fixed OddsRacing FuturesSGM BuilderLive In-PlayPayID

Who is PointsBet best for?

Ideal for: Sports punters who want sharp odds, unique spread markets, and a platform that rewards research.

Not ideal for: Punters who want the simplest possible interface - PointsBetting has a learning curve.

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Our Verdict"PointsBet is genuinely different. The PointsBetting product creates entirely different market dynamics - your returns scale with how right you are. Combined with sharp fixed odds, it is one of the most complete bookmakers in Australia."

Pros and cons

Pros

Unique PointsBetting spread markets unavailable elsewhere
Sharp AFL and NRL fixed odds - consistently among the best
Racing futures markets (Melbourne Cup, Cox Plate)
Strong same-game multi builder
Fast PayID withdrawals
Regularly competitive on player props

Cons

PointsBetting amplifies losses as well as wins - significant risk
Platform complexity can overwhelm new bettors
Racing market depth behind dedicated racing books

Best for

Sports punters who want unique spread markets and consistently sharp fixed odds

Withdrawals

Same day (PayID)

Min Deposit

$10

Open PointsBet Account → All 130+ Bookmakers

Frequently asked questions

PointsBetting is a unique market where your winnings or losses scale based on how much you win or lose by. For example, if you bet "Donovan Mitchell to score 25+ points" and he scores 35, you win 10x your stake. But if he scores 15, you lose 10x your stake. The potential returns are much higher - but so are the risks.

Yes. PointsBet consistently offers sharp AFL head-to-head and line prices, and their PointsBetting markets allow you to bet on AFL stats like disposals and marks with scaled returns. Their fixed-odds AFL coverage is among the most competitive in Australia.

PointsBet supports PayID withdrawals (typically same day) and bank transfer. Ensure your account is fully verified before attempting your first withdrawal.

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