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PointsBet Sign-Up Bonus: How to Best Take Advantage of your RISK FREE BET and MAXIMIZE ROI

Staff Writer

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Type of Bonus

2x Risk Free Bets

Type of Bet

Multiple Bets

Optimal Strategy

$500 bet on longest fixed odds wager possible. $1,500 bet on longest odds PointsBet possible. This is in order to maximize the expect value of the refund when you lose a bet.

Get 2 Risk-Free Bets Up To $2,000!

Theory Behind Optimal Strategy

The theory here is that for a risk free bet you should maximize upside rather than opting for safety. If you bet $100 at -10000 to win $101, your free bet will only net you a positive gain of $1, and if you lose your bet, you get your $100 back. So the binary outcomes are $100 (loss, free bet cost replaced) and $101 (win). However, if you bet $100 at +1000 to win $1,100, your outcomes are $100 (loss, free bet cost replaced) or $1,100 (win).

OddsShopper

Looking to find the best bet on PointsBet? Check out OddsShopper to find high expected ROI bets from our team of data scientists to help maximize your return.

States Legal

NJ, IA, IN, IL, CO, MI

Deposit Required for Maximum

$2,000.00

Get 2 Risk-Free Bets Up To $2,000!

Playthrough Required

Not required

*A playthrough, also known as a rollover or wager requirement, details how many times a person has to wager their bonus amount before they can withdraw funds. For example, a 5x rollover requirement means a bettor would have to wager their deposit and bonus amount five times before they could withdraw.

Site Type States Deposit Required for Max Bonus Rules Playthrough Required for Max Bonus Max Bonus avg rake Rake Free EV (break even bettor) Rake EV Rake Free ROI Rake ROI Optimal Strategy
PointsBet Risk free bet x2 NJ, IA, IN, IL, CO, MI $2,000.00 None n/a $2,000.00 4% <$2000 <$1920 100% 96% $500 bet on longest fixed odds wager possible. $1500 bet on longest odds pointsbet possible. This is in order to maximize the expect value of the refund when you lose a bet.

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