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This article is dated September 27, 2023, content related to promotions is no longer valid. Any promotion described below has expired.
With the NFL and college football currently underway, a lot of U.S. sports betting operators are using this time to update some of the bonus promotions. That is exactly what PointsBet has done with its Welcome Bonus offer in the state of Pennsylvania. They have posted a good offer in order to match up with the competition. For the benefit of anyone who might be interested, the promo details are listed below for their review.
The current PointsBet Sportsbook Welcome Bonus was updated with an effective date of September 19, 2023. Based on the promo's terms and conditions, the promotion is scheduled to expire on December 31, 2023, at 11:59 p.m. EST, barring changes from management. An opt-in process is not required in order to participate in this offer. What is required is using the code "WELCOME" during the account registration process.
To claim actual bonus money, new customers will need to make an initial fixed odds sports bet of at least $10 on any available sports betting market with no regard for a minimum odds requirement. From the point of the initial bet, customers can attempt to claim bonuses for the next nine (9) consecutive days. If they have a day when they don't place a qualifying wager, the promo moves to the next day but never goes past the 10 days. Note: The first fixed odds bet each day counts toward the promo.
If any of their qualifying bets lose, new customers will be entitled to receive a rebate on those losing bets. The amount of each rebate will be based on 100% of the qualifying bet amount to be capped at $100 each day. If a new customer places a $100 qualifying bet for 10 days in a row and each bet loses, that new customer will get a total bonus of $1,000.
Each bonus will paid out as a bonus bet 24 hours after the qualifying bet loses. After receiving their bonus bets, bonus recipients will have seven (7) days to wager each one before it expires. Winning bonus bets will be paid as cash for the NET WINNINGS only. All cash winnings can be withdrawn whenever customers want to do so.
For this Welcome Offer, management at PointsBet will be allowed to change or end the promotion at any time without informing new customers. While employees can register with PointsBet, they cannot participate in bonus offers.
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