What makes PointsBet.com great? They're the spread betting specialists and the unique style of betting is attracting thousands of new punters!
- Offers Spread Betting
- Unique way of betting
- Australian Owned and Operated!
- Growing Business with heaps of Offers!
- No iOS app available
Start betting in 2 minutes!
If you’ve never heard of spread betting then you may want to take notice of Pointsbet.com who are bringing spread betting to the Australian market.
Spread betting is unlike any other form of online betting. Popular in Europe, spread betting doesn’t offer fixed odds like your typical online bookmaker. Instead they offer variable markets that determine how much you win or lose.
PointsBet.com might be the first to introduce this style of betting into the online industry in Australia but that doesn’t mean they don’t have plenty of experience.
Continue reading for a more in-depth guide on how spread betting works.
How does Spread Betting work?
Spread betting is unique in the fact that the outcomes of your bets are variable. The risks are higher as you can lose more than you expect to on a bet. But when you win it can prove to be quite a profitable way of betting.
It’s a popular way to bet because it’s not as simple as winning and losing. you’re bet stays active until the final moments of each market or game.
So how does spread betting work? Let’s say you’re betting on an AFL game between Port Adelaide and Fremantle Dockers. PointsBet set a line for the match. Let’s say Port Adelaide are favourite and the line is set at -15.
If you place $1 on Port Adelaide, you’ll get $1 profit for every point over the 15 point margin they win by. However. If you’re wrong and Port Adelaide only win by 2 points, you’ll lose $13.
When you bet with PointsBet.com you’re able to limit the amount you can lose making it slightly less of a risk but in doing this you also limit the amount you can win.
What we love about PointsBet.com is that you’re cheering on your bet for every minute of the event. So if you’re betting on a game of NRL you’ll be invested for the full 80 minutes.
It can be more risking and you have to be willing to lose more than you expect at times but if you’ve confident with what you’re betting on then it’s a great way to bet.
The website itself is very basic bus easy to use. The colour scheme isn’t as eye catching as other bookmakers but it’s not a big problem.
We hope the introduce an iOS app in future as that’s the one aspect we think they’re missing. That said they have a great Android app and their mobile site is very easy to use.
Join PointsBet.com via JustHorseRacing.com.au and start betting in minutes!
|Deposit Options:||Visa, MasterCard, Bank Transfer|
|Withdrawal Options:||Bank transfer|
|Minimum deposit:||No Minimum|
|Minimum withdrawal:||No Minimum|
|Odds format:||Only offers spread betting|
|Credit facilities:||Yes. Upon application.|
|Mobile betting:||Yes. Mobile Friendly site as well as an Android app|
|Bonus Bet Terms:||https://pointsbet.com/legal|