PointsBet launched in Australia in 2017 and quickly established itself as one of the more innovative bookmakers in the local market. Originally known for its distinctive PointsBetting product - a spread-style bet format where winnings and losses scale with how right or wrong you are - the platform has since grown into a full-service sportsbook with competitive coverage across Australian and international sports.
By mid-2026, PointsBet is a well-regarded option for Australian punters who want broad market depth, particularly for US sports, SGMs, and player props. In this review, we give you an honest, clear-eyed assessment of the platform - the strengths, the weaknesses, and everything in between. Bookmaker pricing, promotions, and product features can change at any time, so always confirm current terms directly with PointsBet before placing any bets.

Overview: What is PointsBet Australia?
PointsBet is a fully licensed Australian bookmaker operating under a Northern Territory racing licence. It is headquartered in Melbourne and is one of the few Australian-founded bookmakers that has successfully expanded internationally, including into the United States and Canada.
In Australia, PointsBet operates as a mainstream sports betting platform alongside its signature PointsBetting product. The core fixed-odds sportsbook covers AFL, NRL, cricket, football (soccer), tennis, basketball (NBL and NBA), and an extensive range of US sports including NFL, MLB, NHL, and college sports - the latter being an area where PointsBet particularly stands out versus local competitors.
The platform has a strong technology focus, with a well-regarded mobile app, a clean web interface, and an SGM builder that has been among the better implementations in the Australian market. For punters who take sports betting seriously and want depth alongside a functional tool set, PointsBet is worth knowing well.
Markets and sports coverage
PointsBet's market library is one of its genuine strengths. Across AFL and NRL - Australia's two biggest domestic sports by betting volume - PointsBet offers the standard suite of head-to-head, line, totals, and winning margin, plus an increasingly deep range of player props and SGM legs.
Where PointsBet differentiates itself most clearly from many local competitors is US sports coverage. NFL markets at PointsBet are extensive - going well beyond basic match betting to include team and player props, drive results, quarter and half markets, and a wide range of specials. Similarly for NBA, MLB, and NHL, the market depth and speed to open is generally ahead of what you'd find at most Australian-focused bookmakers.
Other sports covered include:
- Cricket: BBL, Test, ODI, and T20 markets including player batting and bowling props, match result, and series betting.
- Football (soccer): A-League, EPL, Champions League, La Liga, Bundesliga, and more - with goal markets, BTTS, Asian lines, and player props.
- Tennis: Grand Slams, ATP, WTA with set betting, games handicaps, and player markets.
- Basketball: NBL domestically plus strong NBA coverage including player points, rebounds, assists, and SGMs.
- Rugby Union: Super Rugby, Wallabies internationals, and major competitions.
- Racing: PointsBet covers thoroughbred, harness, and greyhound racing with fixed odds, totes, and place betting.
The PointsBetting product adds a layer that no other Australian bookmaker can match - for punters comfortable with the format, it unlocks markets with a genuinely different risk-reward profile. That said, it is a specialist product and not central to most punters' day-to-day use of the platform.
SGM and player props strength
Same-game multis are one of the fastest-growing bet types in Australia, and PointsBet has invested significantly in making their SGM product competitive. The SGM builder on PointsBet is intuitive and allows you to combine player props with match markets in a single leg - covering AFL disposals and goals, NRL try scorers and metres, NBA points and assists, and more.
Player prop depth at PointsBet is generally solid. For AFL, you'll typically find player disposal over/under lines, goal markets, marks, tackles, and inside-50s across most rounds. NRL player prop coverage is similarly broad, with try scorer, metres gained, tackle breaks, and linebreak markets well-established. For NBA games, PointsBet's player prop library is one of the stronger options available in Australia.
A few things to keep in mind about SGMs. SGM margins can be wider than standard head-to-head or line markets - this is true across all bookmakers, not just PointsBet. When you combine multiple legs, each with its own margin, the combined margin compounds. For casual punters building entertainment-focused multis, this is usually fine. For punters focused on finding genuine value, it is worth being aware that SGM pricing is harder to assess without a tool that compares legs across bookmakers.
This is one area where using DegenToPro's Pick'em and Multi Builder alongside PointsBet adds real value - you can cross-check individual SGM legs against prices available elsewhere and identify which legs represent the best available price before committing to a multi.
Odds quality and promotions
Odds quality at PointsBet is competitive on the markets they prioritise - particularly US sports, where their pricing tends to be among the sharper ends of the Australian market. On AFL and NRL head-to-head and line markets, PointsBet is generally in line with the broader market, though as with all bookmakers, their margins vary by market and match.
It is worth being direct here: no single bookmaker consistently offers the best price on every market, every time. PointsBet will sometimes lead the market on certain US sports lines or player props, and on other bets their price will be mid-range or trailing the leaders. The only way to know for certain on any given bet is to compare prices at the time you want to place.
On promotions, PointsBet runs a regular schedule of offers including bonus bet credits, early payout specials, and multi boosts. The specific offers available change frequently and can vary by sport, season, and customer account history. Promotions at PointsBet have historically been most consistent around major events - NRL and AFL finals, Grand Slams, and US sport peak seasons like NFL playoffs. As always, read terms carefully and confirm any promotion is currently live before factoring it into a betting decision.
One promotional feature worth noting is PointsBet's cash-out functionality, which is available on a range of markets and allows you to lock in a profit or limit a loss before an event concludes. This is particularly useful for multi-leg bets and live in-play positions where the situation has shifted from when you placed the bet.
App and user experience
The PointsBet app is widely regarded as one of the better implementations in the Australian market. It is available on both iOS and Android, loads quickly, and has a clean interface that makes navigating between sports, markets, and bet types straightforward. The SGM builder in particular is well-integrated into the app experience - building a multi across player and match markets is a smooth process with clear leg previews and pricing updates.
Live in-play betting on PointsBet is functional and generally fast, with markets kept open across most major sports. The live dashboard shows current scores, timing, and market movement - which is useful for punters who want to react to in-game developments.
The web platform mirrors most of the app's functionality and is well-suited to desktop use, with a clear layout and quick access to featured markets and active promotions. Account management, deposit and withdrawal, and responsible gambling tools are all accessible and straightforward to use.
From a pure UX perspective, PointsBet compares favourably to most Australian bookmakers and is ahead of some longer-established players when it comes to the mobile experience specifically.
Account limits and longevity
Account restrictions are a reality for punters who bet regularly and successfully at any Australian bookmaker. PointsBet is not immune to this. Punters who consistently find and back value - particularly on markets where PointsBet is leading the market - may find that their account is restricted over time.
The experience varies. Some punters report longer account longevity at PointsBet compared to certain competitors, particularly on recreational or mixed-market betting patterns. Others who bet more systematically or focus on high-value markets may encounter limit reductions or reduced SGM availability earlier. There is no universally consistent experience across the bookmaker when it comes to limits.
If account longevity is a major concern for your betting approach, diversifying across multiple bookmakers is the standard strategy used by experienced Australian punters. Having accounts at PointsBet alongside several other bookmakers spreads your activity and reduces the risk that a single account restriction significantly affects your ability to bet. This is also a core reason why access to a tool that tracks and compares across 100+ bookmakers - like DegenToPro - is genuinely useful for anyone betting with a long-term approach in mind.
Who PointsBet suits best
PointsBet is a strong fit for a range of Australian punters, but it particularly suits:
- US sports bettors: If NFL, NBA, MLB, or NHL is your primary focus, PointsBet's market depth and pricing on US sports is among the best available to Australians.
- SGM and player prop punters: The SGM builder and player prop library make PointsBet a go-to option for punters who primarily build same-game multis on AFL, NRL, or basketball.
- PointsBetting enthusiasts: If you understand and enjoy the spread-style PointsBetting format, no other Australian bookmaker offers it.
- Mobile-first bettors: The app quality means PointsBet suits punters who primarily bet on their phone and want a smooth, fast experience.
- Mixed-sport punters: With coverage across AFL, NRL, cricket, football, tennis, and US sports all in one platform, PointsBet works well as a primary account for bettors who follow multiple sports.
PointsBet may be less central for punters whose primary focus is racing (where TAB and specialist racing books often lead), or punters looking for the absolute sharpest head-to-head prices on Australian domestic sports where some competitors may edge them out on any given market.
Pros and cons
| Pros | Cons |
|---|---|
| Best US sports coverage of any Australian bookmaker | SGM margins can compound - harder to assess value without comparison tools |
| Strong SGM builder and player prop depth across AFL, NRL, and basketball | Promotions vary by account and are not always consistent |
| Unique PointsBetting format available nowhere else in Australia | Account limits can apply for consistent winners, as with most bookmakers |
| Well-regarded mobile app - fast, clean, and functional | Racing coverage is solid but may not be the primary choice for dedicated racing punters |
| Competitive odds on US sports and key player prop markets | Not always the price leader on Australian domestic sport head-to-head markets |
| Cash-out available across a wide range of markets | Best used as one of several accounts rather than a sole bookmaker |
Summary ratings
| Category | Rating | Notes |
|---|---|---|
| Sports coverage | 9/10 | Exceptional US sports depth; solid across AFL, NRL, cricket, tennis, football |
| SGM and player props | 8/10 | One of the stronger SGM builders in Australia; good AFL, NRL, and NBA depth |
| Odds quality | 7/10 | Competitive on US sports and select markets; variable on Australian domestic sport; always compare |
| Promotions | 7/10 | Regular offers but can vary; bonus bets, early payouts, and multi boosts available periodically |
| App and UX | 9/10 | Among the best apps in the Australian market - fast, clean, and well-designed |
| Account longevity | 6/10 | Mixed experiences; limits apply for consistent value bettors as with all Australian bookmakers |
| Overall | 8/10 | A strong, sports-focused bookmaker - best used as part of a multi-book setup |
Make every PointsBet wager count
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Start Free →Getting the best value at PointsBet with DegenToPro
PointsBet is a genuinely good bookmaker - but using it in isolation means you are leaving value on the table on almost every bet you place. Here is why, and how to fix it.
Across any given round of AFL or NFL week, the best available price on a single market can differ by 10-20% between bookmakers. On player props and SGM legs, the spread can be even wider. If you are betting $50-$100 a week and always going straight to PointsBet without checking the market, you are almost certainly missing the best price on a meaningful proportion of your bets.
That is where DegenToPro comes in. DegenToPro is an Australian-built betting software platform designed specifically for punters who want to make smarter, more informed decisions - without spending hours doing manual research.
Here is what DegenToPro gives you alongside your PointsBet account:
- Pro Odds Screener: Scans 100+ bookmakers including PointsBet across 10+ sports in real time. See instantly whether PointsBet's price is the market leader or whether a competitor is offering better value on your intended bet.
- +EV Finder: Identifies markets where the bookmaker price - including PointsBet's player prop and SGM legs - is higher than the estimated true probability. These are the bets that put the long-term edge in your favour.
- Arbitrage Finder: Flags situations where prices across PointsBet and other bookmakers allow you to back all outcomes for a guaranteed profit, regardless of result. These opportunities emerge regularly and are easiest to catch with automated scanning.
- Pick'em and Multi Builder: Build SGMs using the best available leg prices from across the market - not just PointsBet's lines. Know before you build whether each leg represents genuine value.
- Promo Calendar and Bonus Bet Finder: PointsBet's promotions change regularly. DegenToPro tracks active offers across all bookmakers so you never miss a bonus bet, early payout special, or multi boost that could add value to your betting week.
- Bet Tracker with Verified CLV: Log your PointsBet bets and track your Closing Line Value - the most reliable indicator of whether your betting process is producing genuine edge over time. If your CLV is positive at PointsBet, you are finding real value. If it is flat or negative, the data tells you where to adjust.
- DegenToPro Discord (6,000+ members): Access a live community of Australian punters sharing tips, tracking profit in real time, and discussing the markets. If PointsBet releases a sharp price or a promo worth jumping on, the Discord community will surface it fast.
The key insight for any Australian punter using PointsBet is this: PointsBet is often the best option on US sports and certain player prop markets, but rarely the best option on every single market, every time. The punters who get the most out of PointsBet are the ones who use it selectively - backing it when it leads the market, and going elsewhere when another book has the better price.
Doing that manually across 100+ bookmakers before every bet is not realistic. Doing it automatically with DegenToPro's Pro Odds Screener takes seconds - and across a full season, the cumulative impact on your returns is significant.
If you are already a PointsBet customer and enjoying the platform, DegenToPro's free tier is the simplest first step to making your account work harder. No card required, no commitment - just a smarter way to bet from your very first session.
Turn your PointsBet account into a genuine edge
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