By Cody Kutzer
Maryland’s Sports Wagering Application Review Committee recently stated it had received 10 mobile sports betting applications ahead of the Oct. 21 deadline. One of those is sure to be PointsBet which already operates a retail sportsbook at the Riverboat on the Potomac.
What can Maryland bettors expect from the Australian-based sports betting app when it officially launches? Here’s what you need to know.
PointsBet Promos and Bonuses
PointsBet has one of the highest-value welcome offers in the industry. In states where PointsBet is currently available, new users can claim up to $2,000 in second chance free bets. This is split into a fixed-odds bet worth up to $500 and a PointsBetting wager of up to $1,500 (more on that below).
Beyond the new user promo, PointsBet users will find promotions and bonuses throughout the year. Currently, the platform has a “PointsBet Power Hour” with new daily offers each day throughout football season, daily profit boosts, and a rewards program.
It’s possible PointsBet will bring a different promo to Maryland as well as a pre-launch offer in order to attract as many users as possible, especially as there will be plenty of competition with up to 60 mobile sportsbooks coming to the state.
Market Depth and Variety
One of the first things you’ll notice when scrolling around the PointsBet is the amount of available markets for nearly every major sport and its games. Opening the app during the third quarter of the Week 7 Thursday Night Football game between the New Orleans Saints and Arizona Cardinals revealed more than 70 possible wagers. For an NBA game the following night between the Chicago Bulls and Washington Wizards, there were already 113 available markets.
In addition to the major US sports, Maryland bettors will also find niche events and international competitions ranging from darts to the Chinese Professional Baseball League.
PointsBet has two of the most unique features among all legal online sportsbooks.
The first is a wagering style called PointsBetting, which is also tied into the platform’s new user welcome offer. With PointsBetting, you can win (or lose) more depending on the outcome of the wager.
Let’s say you placed a $10 PointsBetting wager on the Baltimore Ravens to cover the 6.5-point spread against the Cleveland Browns in Week 7. If the Ravens win by 10, your winnings are multiplied by the difference (3.5).
As great as that sounds, your losses can also be multiplied. In the same game, the point total is set at 45.5. If you bet the over but the two teams combined for 40 points, your $10 wager would end up costing you $55.
The other feature unique to PointsBet is the ability to make your own bet. If there’s a bet you want to wager on but it isn’t available, you can submit a request and PointsBet will price it. The only stipulations are the events must include sports already offered on the sportsbook and your request must be submitted two or more hours prior to it starting.
The Bottom Line
PointsBet will bring a unique platform as it expands to Maryland. Already available in more than ten states with more to come, bettors in the Old Line State can feel confident in using the platform.