The PointsBet Sportsbook doesn’t have the name recognition that some of the other big players in the Tennessee sports betting market have. DraftKings and FanDuel are recognizable for their history in daily fantasy sports, and BetMGM is known for the MGM Resorts that populate the Las Vegas strip. But with an innovative new take on sports betting and some unique bonus structures, PointsBet could become a household name in Tennessee as well.
PointsBet was originally founded in Australia, and it made its way into the United States market in January of 2019. The sportsbook began providing sports betting services in New Jersey, Iowa, Illinois and Colorado within its first year of operation in America and has since expanded its footprint to other states, including Tennessee.
How PointsBetting separates PointsBet from the competition
From a functionality perspective, most online sportsbooks are about the same. The sportsbook offers betting odds on various sports events, and you can bet on your preferred side. For example, a Tennessee Volunteers fan can bet on the Volunteers as four-point home favorites against Kentucky, or a Kentucky backer could bet the other side and take the Wildcats +4. The most common bet types include moneylines, against the spread bets and totals, but there are plenty of other types to choose from as well, including futures bets and prop bets.
This is how things look regardless of which online sportsbook you choose. The main differences from site to site are website interface, mobile interface, betting lines offered, line prices and promotions. These difference are fairly negligible and will make many sportsbooks interchangeable to the average sports bettor in Tennessee.
But thanks to PointsBetting, PointsBet has a unique bet type that no other sportsbook in Tennessee offers. This bet type makes every wager a dynamic one in which every point scored in the game you bet on matters. Here’s how it works:
How PointsBetting wagers work in TN
In the example listed above, a bet of $110 to win $100 on Tennessee -4 will pay the same $100 regardless of whether the Volunteers win by five points or 50 points. But if you bet on that same game using a PointsBetting line, the margin of victory or defeat will directly influence how much you win or lose.
For instance, say that you place a $5 PointsBetting wager on Tennessee -4. You will win five dollars for every point the Volunteers cover the spread by; a six-point win would pay out $10 (since they covered by two points, $5 x 2 points = $10) while a 31-point win would pay out $135 ($5 x 27 points = $135).
On the other hand, a big loss can cost you big in the other direction. Tennessee winning by a field goal would only cost you $5 ($5 x failing to cover the spread by 1 point = $5), but Kentucky winning by 20 would cost you $120 ($5 x 24 points = $120). This betting style ensures that every single point counts from the start of the game until the final whistle as you look to maximize your winnings or minimize your losses.
Tennessee sports bettors can set a stop-loss to prevent losing more than they are comfortable with on any given game. But that stop-loss works both ways, as limiting the amount you can lose on a game will also limit the amount you can win. PointsBetting adds a whole new element of strategy to sports betting when it comes to determining which games to bet on in this fashion and how to choose bet sizing.
Tennessee Titans fans who backed the Titans as 10-point road underdogs against the Baltimore Ravens in the 2019 NFL playoffs were treated to a 28-12 upset victory. Had they placed a $10 PointsBetting wager on that event, they’d have made a cool $260 on the blowout win. The PointsBet Sportsbook still offers you the chance to bet on traditional lines in the same way you would at other sportsbooks, but it offers you this exciting alternative, as well.
PointsBet Sportsbook promotions in Tennessee
$100 risk-free bets on first deposit
Sports bettors making their first real money deposit on PointsBet will have the chance to pick up two separate $100 risk-free wagers. One will be on your first standard fixed odds wager on the site and the other will be on your first PointsBetting wager.
In the event that your first bet of either style loses, you will be reimbursed up to $100 (matching the amount that you lost) in the form of bonus bet credits in your account. These bonus bet credits can be used on both fixed odds and PointsBetting wagers. And best of all, there is no rollover requirement on bonus bets winnings; if your bonus bet is a winner, you have immediate access to your winnings in cash.
Every week brings a new batch of promotions and betting opportunities to PointsBet customers in Tennessee. For example, past NASCAR races have allowed you to bet on a driver to win and to receive a bet refund of up to $25 if your driver loses but finishes in the top five. These types of promotions come for both fixed and PointsBetting bets and are often built around big events such as the Super Bowl, Wimbledon and many more.
Another popular promotion that PointsBet Tennessee offers is a refund of up to $25 on a parlay of four legs or more that loses by just one leg. To be eligible for this promotion, each leg only needs to have a minimum price of -500, making this a far more generous offer than some other sportsbooks that offer parlay insurance only on parlays that include four legs of no greater than -200. Active promotions are prominently featured on the main page so that you won’t miss out on the action.
Deposits and withdrawals on PointsBet
One of the only legitimate criticisms that can be levied against PointsBet is its lack of diversity when it comes to deposit and withdrawal options. This won’t be an issue for sports bettors who are willing and able to use the funding methods provided, but those looking for a variety of options won’t find that here.
Tennessee residents have three options for funding their PointsBet Sportsbook account: Visa, Mastercard and online banking. Depending on the bank that you have your credit or debit card with, you may need to contact your bank to preapprove this transaction, especially if it is your first to an online sportsbook. Withdrawals can be made via ACH or e-check into your banking account as they cannot be processed via credit card.
After starting with limited deposit and withdrawal options in New Jersey, PointsBet eventually added some additional options. It is possible that as the sportsbook becomes more established in Tennessee it may add more options in this state as well.
PointsBet website interface
PointsBet Tennessee uses a minimalist website design that is both easy to navigate and intuitive to use. The top of the main page features a bar with current active promotions that sports bettors can take advantage of. Right below that is a list of featured events for you to bet on. These events have a timer built into them to let you know how much time you have to get your bet in before they go live.
Each featured event gives you the main betting line with both sides available to bet on with one click. For example, a featured UFC fight between Tony Ferguson and Justin Gaethje would be listed with the start time (including the live countdown clock), Ferguson’s odds to win the fight (-180) and Gaethje’s odds to win the fight (+142). Clicking on one of these numbers will bring up a bet slip as a pop-up so that you can place your bet. In the top right corner of each featured event, the number of lines available is listed; clicking on this will open up a new page with all of the betting lines and props available on this event.
On the right-hand side of the screen is the “Next Up” bar, which shows all of the day’s featured events in order of what is coming up first with live countdowns until their start times. This bar remains active no matter where you navigate to on the site so that you never miss a game that you might have interest in placing a wager on.
You can access your bet slip by clicking on the “Bet Slip” icon up in the top right corner of the website. When you have your bet slip open, any betting options that you click on are automatically added to it. Tennessee sports bettors can review their bet slip selections before placing them as single bets or combining them into parlays, teasers or round robins. Once your bets are placed, you can view them in the “Pending” tab of the bet slip.
Clicking on the three bars icon up in the top left corner of the website reveals a menu that allows you to browse events by sport and to see what events are currently active for live “in play” betting. You can also view PointsBet Tennessee’s current promotions from this menu, including one of the sportsbook’s most popular features: booster odds.
PointsBet Tennessee booster odds
Every week, PointsBet chooses random events that receive boosted odds for a set period of time. This promotion received some national attention during the offseason before the 2020 NFL season when PointsBet offered booster odds on the Tampa Bay Buccaneers to win the Super Bowl.
Tampa Bay was a popular bet to win the championship after signing Tom Brady and became an even more popular bet to do so when the team traded for Rob Gronkowski ahead of the 2020 NFL draft. Most sportsbooks saw the odds on the Buccaneers to win the Super Bowl get adjusted from 14-to-1 down to 12-to-1 or even 10-to-1 with the addition of Gronkowski. But on PointsBet, the future bet on Tampa Bay to win the Super Bowl was offered on booster odds of 20-to-1, easily the best odds available at the time.
Tennessee residents who use PointsBet will want to make a habit of checking out the boosted lines. Even just a small boost from +150 to +200 can make the difference between a good bet and a great one.
PointsBet Sportsbook Tennessee mobile apps on iOS and Android
The PointsBet sportsbook app is available on both iOS and Android. Fans of the website will immediately recognize the same minimalist style and layout on the app. It is clear from the first time that you use the PointsBet mobile application that the creators of the website designed this interface with mobile in mind.
The same features that Tennessee residents enjoy on the website are all available on the mobile app as well, from featured events to the “Next Up” list to the site’s signature PointsBetting lines. Placing bets on anything in action is just a few taps away. Bettors who like to pull up sports lines on their phone or tablet will feel right at home on this app.
Customer service on PointsBet TN
PointsBet Tennessee prides itself on its strong customer service. Sports bettors can contact customer support 24/7 via email or live support with operators standing by for both English- and Spanish-speaking customers. The live chat team is quick, responsive and always available.
The PointsBet team clearly understood that in order to make a splash in the American sports betting market over more established brands, it would have to get creative. That creativity has translated into the PointsBetting bet system and booster odds: two elements that should help PointsBet draw in and retain a loyal following here in Tennessee.
The site still has work to do, including adding more deposit and withdrawal options. But overall, PointsBet is a well-run sportsbook on both its website and its mobile app. And with weekly booster odds and interesting promotions running year round, there’s plenty of incentive to add PointsBet Tennessee to your sportsbook rotation.