PointsBet is now live in Indiana after the state’s gaming commission gave the Australian-based sportsbook the full go-ahead to begin taking online bets.
The news of PointBet’s launch was simply matter of when, not if, after it received a temporary vendor license from the IGC in late January–and of the timing of the news is key. Today’s launch date means that PointsBet will be ready to roll just in time for March Madness, allowing Indiana bettors to place wagers on both conference tournament and NCAA Tournament action.
The latter, of course, is one of the marquee events on the sports betting calendar.
Sign up for PointsBet and grab up to a $250 deposit bonus right here .
Also of note is that this year’s Big Ten Men’s Basketball Tournament will take place from March 11 through March 15 at Bankers Life Fieldhouse in Indianapolis, meaning it will serve as Indiana’s first high profile legal sports betting event.
Through a 20-year agreement with Penn National Gaming’s Hollywood Casino last July, PointsBet formally entered the Indiana sports betting market.
Via the Lawrenceburg-based casino’s skin, PointsBet becomes the state’s sixth mobile offering as it looks to compete with the likes of DraftKings Sportsbook and FanDuel Sportsbook. Both of those brands have enjoyed overwhelming success in a state with a heavy betting appetite.
Indiana’s sports betting revenue numbers have been strong. The state generated over $170 million of total handle in January, with over 70% of that handled generated via online wagers. February numbers, which will be released in the coming days, are expected to be similarly strong and also further demonstrate the increasing importance of both online and mobile betting.
PointsBet Indiana Promos and How to Sign Up
PointsBet, which already operates in New Jersey and Iowa, is one of the online sports betting market’s most innovative apps.
You can register and grab up a $250 deposit bonus by clicking here .
The registration process is quick and easy, meaning that getting in on the action with PointsBet is just few minutes away.
Beyond its extremely aggressive new user offer, betting promos, and bet boosts, PointsBet also offers its players a unique “PointsBetting” feature.
In short, PointsBetting enables bettors to win or lose additional money beyond that of a typical wager. How much money a bettor wins or loses is predicated upon the the degree to which the bet was right or wrong. Similar to assigning confidence points in a pick ‘em format, PointsBetting allows bettors an opportunity to maximize the return on contests or prop outcomes they feel strongly about.
Of course, PointsBet also offers traditional fixed-odds markets and other strong promotional offers. Among those promos is a a popular “Make it Rain” special in which bettors can score an extra $3 bonus for every three-pointer their team hits on select NCAA and NBA games. Other offers include no juice spreads on all NFL games, bet insurances, and aggressive odds boosts on select contests.