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PointsBet 5x $50 Second Chance Bets

23 May 2022

Check out one of the most innovative betting apps out there - with five consecutive days of $50 Second Chance Bets after signing up!

PointsBet 5x $50 Second Chance Bets

You really can't get any better than a versatile welcome bonus when you sign up for a betting app - and PointsBet has stretched their bonus to last for the first five days of betting, giving out a $50 second chance bet each day!

Try out PointsBet with a $50 Second Chance Bet for each of the first five days!

The best thing about this new user promo is the split across several days. The value may seem lower, but you actually can maximize the promo much more easily, and you get to test out several features like Points Betting or Lightning Betting!

Pointsbet 5x50 general

PointsBet lets you try out their unique 'points betting' feature and more with this 5 day promo

How does the PointsBet Promo work?

Because this promo is slightly different than a normal second chance bet, we wanted to walk through how it's split up, and what you need to know about it.

Firstly - this is a second chance bet, so if your first wager of the day loses, you'll get a refund in the form of bonus bets up to the maximum value. If it wins, you can just celebrate a payout as normal!

Secondly, the total value you can claim is $250 if you lose a wager for each of the first five days.

  • $50 Second Chance Bet based on your first wager of each day

You have the chance to bet five times and be covered with this promo, and if you do lose that first bet of the day, you'll just have a better feel for the betting app and can put those bonus bet refunds to good use and try to win next time!

Points Betting Limits

If you're a bit confused about the points betting system, you can read out full review on PointsBet here, which outlines exactly how it works.

But one thing to keep in mind, you can set limits on both the win and loss amount when points betting, so for this second chance bet, you can cap your potential loss at $50, meaning you'll be totally covered by the promo offer (though it does limit you potential payout to $50 in winnings also).

How to Claim the PointsBet Welcome Offer

Pointsbet App Branded

Head to the Betting App

Hit one of the green 'CLAIM' buttons on this page to activate your bonus and you'll be sent over to PointsBet. Remember promo code LEADSTAR3.


Get Registered

The next thing to do is get the registration process going. You will need some personal details like:

  • Name
  • DOB
  • Address
  • Social Security Numer
  • Phone Number

Don't worry, this is all totally normal for a betting app to ask for, and they make it very simple to work through the sign-up process.


Download the App

Both iOS and Android users just need to head over to their respective app stores and search 'pointsbet' to download the app. Once installed it's super easy to just sign in a get started!


Deposit and Wager

Once you're on the app, deposit some funds to bet with, and place your first wagers!

Remember, this bonus is split over five days, and the first bet of each day will count towards the second chance bet offer!


Get That Bonus!

If your first bet of the day loses, you will receive free bets equal to the wager amount up to $50 as soon as the bet settles, then you can start betting again.

If you bet wins then you don't actually see any bonus amount, but you will get all your winnings as normal!

PointsBet Promo T's & C's
  • 21+.
  • New customers only.
  • CO/IA/IL/IN/KS/LA (select parishes)/MD/MI/NJ/NY/OH/PA/VA/WV.
  • Must make a qualifying deposit (min $10)
  • Must place first real-money wager bets (minimum $0.50)
  • If the first qualifying bet (one per day for the first five consecutive days) settles as a loss, user is refunded 100% in non-withdrawable bonus bets up to $50 per day for the first 5 days.

Visit PointsBet for full Terms & Conditions

Tips for Using a Second Chance Bet

Second Chance bets are a great way to start off betting with a new betting app with some extra money to play with, but if you just chuck out any old bet you may not be maximizing the value of the promo. Here are a few things to keep in mind:

  • The bet must lose for you to get the bonus! - what we mean by this is you have a great opportunity to wager some money on a riskier bet than you may normally, knowing that you'll keep the same betting value if it loses, but if you win you can get a huge payout. This is especially true for points betting, so if you think a player or team will rack up the score, you can capitalize and earn a ton!
  • How much you wager is the value of the bonus - while it may seem self-explanatory, your losing bet gets refunded however much you put in, up to the max bonus value. Of course, you should only wager what you feel comfortable with, but a bigger bet leads to a bigger payout if you win, and you'll just be able to wager the same amount as bonus bets if you do lose.

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