PointsBet Sportsbook which has been expanding recently all over the world is coming to the state of Michigan soon. In fact, quite recently this sportsbook operator launched its sportsbook to the New Jersey market. Now that both retail and mobile sports betting are finally legal in Michigan, many new sportsbooks could pop out.
Interested in what might await all the residents of Michigan once this brand becomes active there? Stay tuned and learn all about it in this PointsBet review. Discover which are the potential PointsBet app, odds, promos, how to place bets, and more this brand could offer!
How to Place Bets on PointsBet Sportsbook
Even if this brand hasn’t launched its sportsbook in Michigan yet, there are a few things that could be assumed. As already mentioned, PointsBet launched its sportsbook in NJ quite recently. So, according to their NJ launch, there are some assumptions we could make when it comes to the betting process.
- First of all, in order to bet with the PointsBet operator once they launch in Michigan, you will have to register.
- Then, you would probably have to go through a set of necessary steps. The steps could include the geo-location authorization, ID checking and getting the PointsBet bonus code. Naturally, provided that there will be one available in Michigan.
- Once the user creates a PointsBet account successfully, they should be able to sign in with the username and password. Afterward, the user will be able to add a payment method. This could probably be able to complete online or via the PointsBet app.
- Further, the bettor might have to decide on the initial depositing amount to top their PointsBet money account. Don’t forget to fulfill the first deposit requirement to get a potential PointsBet bonus code.
- Lastly, you should pick a bet type, and add a stop until you learn how to properly manage your bets. Then, all you need to do is wait for the betting results and hope that you guessed right.
Secondly, this operator is known for not relying only on the traditional fixed odds. The bettors of Michigan could expect much more than just fixed odds, as PointBets offers points betting. To further explain this term, points betting in online sports betting means that the outcome doesn’t have to be fixed. Moreover, the winnings could remain uncertain until the end of the sports event.
Here is an example of how this kind of betting functions. First of all, when you place a bet and your bet wins by one point, here’s what you could expect. You could win the same amount of funds you used to place a bet.
However, if the bets win by 2 points, the winnings will be equivalent to the bet amount times two. In other words, you could double your winnings. Furthermore, the same applies to the bet where you win by 20 points. In that case, you could win 20 times the amount you decided to use for that bet.
Moving on, if your bet loses by one point, you could lose the total amount you used for that bet. Logically, when you lose by five points, you will lose your betting amount multiplied by five, and so on. In other words, based on the variables there is a chance of winning greater winnings, but also losing great amounts.
In addition, the operator offers the most convenient way to protect their users from huge losses. This is done by setting a minimum or maximum loss on each bet. Besides, the wagerers will be aware of the potential outcomes of their betting anytime. Even better, they could know how much they could win and how much they could lose before even making a bet.
Stops on Bets
Another great thing about PointBet betting is that the wagerers should be able to place stops on their bets. In order to limit the variables, the wagerer can put a stop on a certain bet. What this means is that if one puts a 10 point stop on the bet, they won’t risk too much. In fact, if the betting assumptions are wrong by more than 10 points, the bettor will still lose only 10.
On the other hand, with betting stops, you won’t be able to win more than the secured number of points. If you put a stop on 10 points and you end up being right for 20, the amount you could get is still 10. So, in the end, your winnings will be your betting amount multiplied by 10.
Pros and Cons of PointsBet Sportsbook
In the final summary of this PointsBet review, there are some good and bad sides of this future sportsbook. Going through some of the features of the future PointsBet sportsbook in Michigan could help the potential users stay informed. Deciding which sportsbook operator is the perfect one for you can be a tough call to make.
Anyhow, here are some of the pros and cons of opting for this operator. Of course, some of these might vary and that these assumptions have been made according to the NJ PointsBet sportsbook.
|Points betting||Potential lack of depositing options|
|Tons of Sports Markets||Difficult to cancel bets|
|User-friendly optimization of the website|