Want To Erase A Bad Bet? PointsBet Is Giving New Customers The Opportunity

The PointsBet Good Karma Refund offer for new customers essentially lets New Jersey bettors act like a bad beat never even happened.

We’ve all made decisions that in hindsight look like the wrong choice. That’s something that won’t have to cost new PointsBet NJ customers thanks to the PointsBet Good Karma Refund program.

New Jersey sports betting customers who haven’t wagered with PointsBet before can effectively erase one of their bad beats from the record through the program. They’ll have to get busy to qualify, however.

How PointsBet Good Karma Refund works

The most important piece of information is that this deal is only for new PointsBet customers. It’s also available in addition to other first-time depositor deals.

To be eligible, you have to place at least 10 real money bets on the Nj sportsbook  app before the month ends. Any wager you place with site credit won’t count toward that total.

Once you qualify, you can select any settled wager you lost during the month. Take a screenshot of the receipt and attach it to an email.

Then, anytime between Dec. 28 and 31, send the email to [email protected] Within 24 hours, PointsBet will refund the value of your bet up to $100 in site credit.

The upside for bettors is a feeling of vindication around that wager you were so confident about but lost anyway, in addition to up to $100 in free “money,” of course. However, there’s an upside for PoinsBet here, too.

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What’s in it for PointsBet here?

PointsBet, like all other sportsbooks, isn’t in the habit of just giving away money. This is essentially a customer loyalty and marketing ploy.

The hope is that it will inspire bettors to do more business with the company in the future. Additionally, just maybe some positive word-of-mouth marketing will result from the program as well.

“PointsBet’s mission has and always will be to provide our clients with the ultimate sports betting experience, and part of that is to continuously practice what we preach in terms of being the true bettor-friendly sportsbook,” noted Johnny Aitken, PointsBet USA CEO. “We are excited to take the next step in that mission today in unveiling Personal Good Karma Refunds. At PointsBet, we understand that every bad beat is not created equal – some may sting specific clients a bit more than others, should it involve a team they support or an instance where they feel particularly wronged – so as a result, we are excited to put the power back into the hands of our clients and let them decide which bad beat needs to be corrected.”

Additionally, PointsBet is a publicly-traded corporation on the Australian  Stock Exchange. The bigger its customer base, the more easily it can secure funding and the higher experts will rate shares of the company.

Each new account registration works toward that end. For those new PointsBet customers, having a bet graded a loss doesn’t have to mean the end this month.

photo by Dreamstime stock at NJ Gambling Sites 

Atlantic City Casino Sets Sights On Esports Betting With New Online Partnership

Esports Entertainment Group announced a multiyear partnership to launch an NJ online sports betting product under the Bally’s Atlantic City license.

Twin River Worldwide Holdings is wasting little time building its NJ online sports betting footprint.

The Rhode Island-based company announced a multiyear partnership with Esports Entertainment Group ($GMBL).

This will pave the way for the latter to launch its proprietary mobile sports betting product. The timing remains a work in progress.

Twin River is in the process of purchasing Bally’s Atlantic City from Caesars Entertainment. And Twin River still needs licensing approval from the New Jersey Division of Gaming Enforcement.

Here is what Esports CEO Grant Johnson has to say about the deal:

“We are excited to partner with Twin River [and] bring mobile sports betting to the New Jersey market.

“When we completed out IPO on Nasdaq earlier this year, it was with the intention of expanding our operations to the US. With this partnership, we’re delivering on that goal.”

Who is Esports Entertainment Group?

For Garden State bettors, Esports Entertainment does not have the same brand recognition as, say, FanDuel Sportsbook and BetMGM.

So who is this company?

According to its website, Esports Entertainment Group, which has offices in New Jersey and in Europe, is a “licensed next-generation online gambling company focused purely on esports.”

And this is where things get interesting.

Esports betting legislation is still in the works for New Jersey.

Earlier this year, the NJ State Assembly approved Bill A637 after it passed through committee. It is sponsored by Assemblymen Ralph Caputo (D-Essex) and Eric Houghtaling (D-Monmouth), who view esports as a skill-based competition that should be available for legal betting.

It still needs to be approved by the Senate and get Gov. Phil Murphy’s signature. For now, esports betting at NJ sportsbooks is approved on a case-by-case basis.

In 2019, the DGE permitted wagering on the League of Legends World Championship.

Should the legislation be signed into law, esports betting would become an actual thing. And that makes Esports Entertainment Group’s deal with Twin River and impending launch just a bit more intriguing.

Big NJ online gambling plans for new Bally’s

Twin River has yet to settle in at Bally’s. Yet the company is quickly lining up NJ online gambling partnerships.

PointsBet NJ has a deal in place to launch its online casino app under the Bally’s license.

The company currently has an NJ sportsbook app operating under the Meadowlands Racetrack license. But it’s safe to assume PointsBet customers would have access to a shared wallet between the casino and sports wagering products.

The Esports Entertainment platform adds another layer to Twin River’s iGaming plans.

Here is what George Papanier, president and CEO of Twin River, has to say about the Esports deal:

“Esports Entertainment will be a great addition to our growing partnerships with sportsbook leaders around the world, as we currently operate sportsbooks in Rhode Island, Colorado, Delaware and Mississippi.

“Bringing this new, unique offering to the AC market with a prominent gaming partner is one of the many exciting changes we have in store for Atlantic City in the months to come.”

Judging by that comment, Papanier and his team are far from finished with announcing Atlantic City plans.