PointsBet Sportsbook Kentucky Review & Updates: April 2024
PointsBet will likely not be coming to Kentucky, as the new owner of PB's U.S. Operations (Fanatics) has instead obtained a sports betting license for KY. To that end, I recommend seeing which Fanatics Sportsbook Kentucky promo codes are running in the state.
What other Kentucky sportsbooks should you look out for?
PointsBet Kentucky Launch Updates April 2024
Retail sports betting with Kentucky sportsbook promo codes opened to bettors on Sept. 7, 2023.
Legislation Timeline for PointsBet Kentucky
- 📅 Sept. 28, 2023: Kentucky sportsbook apps launch in the state.
- 📅 Sept. 7, 2023: Retail sports betting locations open in Kentucky.
- 📅 Aug. 31, 2023: Fanatics closes on eight states, including Colorado, Kansas, Pennsylvania and Virginia, in its acquisition of PointsBet. Fanatics will operate in those 8 states as "PointsBet, a Fanatics Experience."
- 📅 July 10, 2023: The Kentucky Horse Racing Commission announces retail sports betting will launch on Sept. 7, 2023, and online sports betting will go live on Sept. 28, 2023.
- 📅 June 28, 2023: HB 551 comes officially goes into effect, and the state has up to six months to prepare for the launch of a legal sports betting market.
- 📅 June 27, 2023: The PointsBet board unanimously recommends a sale to Fanatics for $225M, a 50% increase from their previous offer after DraftKings submitted a competing offer.
- 📅 May 2023: Fanatics Betting and Gaming agrees to purchase PointsBet's U.S. operations for $150M.
- 📅 March, 31 2023: House Bill 551 is passed on the very last day of the legislative session and is signed by Gov. Andy Beshear.
- 📅 March 13, 2023: The House of Representative approved HB 551, sending it to the Senate.
- 📅 February 2023: Rep. Michael Meredith introduces HB551. This legal sports betting bill will allow all race tracks to launch sportsbooks. The Kentucky sports betting bill is sent to a House committee.
- 📅 2019-2022: Sports betting bills are introduced in the Kentucky state legislature, but they attract minimal support and fail before going to a vote.
- 📅 May 14, 2018: The US Supreme Court overturns the Professional and Amateur Sports Protection Act, clearing the way for states to allow sports betting. Kentucky swiftly sets up a panel to look into legalization.
- 📅 2017: The first attempt to legalize KY sports betting apps is launched, but gets nowhere.
Get to Know PointsBet Kentucky: Sportsbook Review
PointsBet will start operating in eight states as "a Fanatics Experience" before eventually fully folding into the Fanatics brand. Fanatics will begin operating in four additional states.
This means that PointsBet will start to have access to Fanatics' retail-powered technology, branding and market access, which already has strong connections to users, team owners and pro leagues.
PointsBet Kentucky Betting Site Features
PointsBet is known to offer some top-notch sports betting features in its other markets of operation, so you can bet that the Australian-born brand will bring those features to Kentucky. Here are some of the key features of PointsBet Sportsbook:
Live Streaming & Live Betting
PointsBet offers an industry-leading in-app video player with select sports where you can watch live and make in-play bets. The live stream also has live stats throughout the matchup. Most live streaming sports currently available are table tennis, tennis, European basketball and soccer. NFL, NCAAF, NCAAB, NBA, MLB, NHL games, soccer and tennis all have visualization features that show where players are on the field or court.
Social Media Sharing
Want to show your friends what wagering you're up to? You can share your betslip on any social media platform with sharing capabilities, including Instagram, Facebook and Twitter.
Banking Options for PointsBet Kentucky Users
PointsBet offers a wide range of banking methods across all states that it operates in. While these may change a little from state to state, we can expect most of the options below to be available at PointsBet Sportsbook Kentucky.
Deposit Methods
- ✅ Credit/Debit Card
- ✅ Online Banking
- ✅ E-check
- ✅ PayNearMe
Withdrawal Methods
- ✅ Online Banking
- ✅ PayPal
- ✅ E-Check
Deposit Time
It can take up to three (3) days for your deposit to be credited to your online banking account or via E-check. PayNearMe should only take about 20 minutes to transfer funds.
How Long Does a PointsBet Sportsbook Withdrawal Take?
Online Banking withdrawals take 1-2 business days to process internally. Once processed by PointsBet KY, it takes an additional 1-3 business days for the funds to reach your bank account.
PayPal withdrawals take 1-2 business days to process by KY PointsBet. Once they are processed they are in your PayPal account within 30 minutes.
Withdrawals via ACH/eCheck take 1-2 business days to process by PointsBet KY Sportsbook. Once processed it takes 1-3 business days to reach your bank account.
What Can I Bet on at PointsBet Online in Kentucky?
PointsBet Kentucky will likely cover nearly every sport you can think of, including major pro leagues and some more niche sports.
NFL Betting with PointsBet Kentucky
PointsBet Sportsbook offers a wide variety of NFL betting options, including game lines, end-of-year awards and more. Though Kentucky isn't home to any pro football teams, the Colts are close enough to have a fanbase in the Bluegrass State.
We're tracking the Colts playoff chances each week leading up to the postseason. We're also monitoring changes in the Colts Super Bowl odds as the season goes on.
Super Bowl odds are a huge market in Kentucky generally, and PointsBet Sportsbook has markets available on every single team's chances.
NBA Betting with PointsBet Kentucky
PointsBet has futures odds available for the NBA, and there are sure to be more NBA sportsbook promotions as we get closer to the season.
One of the most notable futures markets on PointsBet is the NBA Finals odds. PointsBet's betting site features a live counter telling you how many other wagers have been placed on that particular market, so you can get in on NBA bets on the ground floor.
Horse Betting with PointsBet Kentucky
PointsBet has several horse racing promotions available on its Racing App, which is live in 25 states. The app also features live streaming and replays.
Notably, PointsBet offers odds on races at Churchill Downs, which famously includes the Kentucky Derby, one of the state's most popular betting events each year.
College Football Betting with PointsBet KY
Now that the NCAA football season is underway, PointsBet has game lines and odds available for college football betting.
Two of the most popular college teams in the state are the Kentucky Wildcats and the Louisville Cardinals. You can track betting trends on the UK Wildcats odds with BetKentucky.com, as well as the Cardinals odds, over time to see which wagers are right for you.
Other Sports Betting with PointsBet Kentucky
The many other sports available at the PointsBet Kentucky sportsbook should include:
- ⭐️ MLB
- ⭐️ NHL
- ⭐️ Soccer
- ⭐️ Golf
- ⭐️ Tennis
- ⭐️ Cycling
- ⭐️ Motorsports
- ⭐️ Boxing/MMA
- ⭐️ Rugby union & rugby league
- ⭐️ Darts
- ⭐️ Cricket
- ⭐️ Australian rules
- ⭐️ Lacrosse
Popular Bet Types Available at PointsBet Kentucky
Depending on the sport you want to wager on, PointsBet offers a whole host of bet types to its users. There are far too many to list here, but let's take a look at some of the most popular bet types on PointsBet Sportsbook:
- 🔥 Moneyline: The simplest form of betting is a moneyline bet, which involves predicting the outcome of a single game or event. In this type of wager, one team is regarded as the favorite while the other is regarded as the underdog. The favored team is marked by odds with a negative sign in front of them.
- 🔥 Over/Under: The totals wager is a simple bet where you must predict if the total combined score in a single game is greater than or less than a specific number set out by the sportsbook.
- 🔥 Prop Bets: Proposition bets, often referred to as prop bets, center on particular events or statistics within a game, such as a player's performance or the number of points they score. These bets are usually unrelated to the game's outcome, making them a preferred option for those interested in live betting.
- 🔥 Parlays: Parlay bets are single bets that consolidates two or more separate wagers. Given that a parlay bet involves multiple events, the likelihood of winning isn’t quite as good but the payouts are certainly better.
- 🔥 Point Spreads: A point spreads bet hinges on the difference in the winning or losing margin for a team. In most cases, the more dominant team is given a handicap by a particular number of points, based on the sportsbook's evaluation of the relative strengths of the teams.
- 🔥 Futures: Rather than bet on the outcome of a single game, futures bets allow bettors to place wagers on longer-term events, such as who will win the championship game, before the season even starts or while it is ongoing.
Interested in learning more? Check out all of our guides on how to bet on sports in Kentucky.
How to Contact PointsBet Sportsbook in Kentucky
There are several ways to contact PointsBet Sportsbook in Kentucky if you need help throughout the betting process.
- 💻 24/7 Live Chat
- 📞 Phone: (312)-800-8716
- 📩 Email: [email protected]
PointsBet Kentucky FAQs
PointsBet Sportsbook is not legal in Kentucky. Fanatics Sportsbook, which purchased PointsBet's U.S. operations, is legal in Kentucky, going live on Sept. 28. Fanatics is a perfect alternative for Kentucky bettors looking for a PointsBet experience in their home state.
PointsBet has not yet announced if they will be partnering with any of the Kentucky racetracks. Fanatics, which purchased PointsBet earlier this year, is partnering with Oak Grove racetrack in KY. Retail sports betting at racetracks starts September 7, 2023. Sportsbook apps can launch online on September 28, 2023.
Online Banking and E-check withdrawals take 1-2 business days for PointsBet KY to process. Then wait an additional 1-3 business days for the funds to reach your bank account. PayPal withdrawals take 1-2 business days for PointsBet KY to process. You should see the funds in your PayPal account within 30 minutes.
No, there is not yet a PointsBet Sportsbook app in Kentucky. It does not yet have a sports betting license in Kentucky, though Fanatics does. Fanatics purchased PointsBet earlier in 2023 and will launch in Kentucky. PointsBet does not have state-specific apps, so you can download the app now if you want.
Author
Blake Weishaar is commercial editor and fact-checker at BetKentucky.com. With nearly a decade of experience in the gambling industry as a writer and editor, he has covered the forefront of the booming sports betting industry, including the repeal of PASPA in 2018. He is committed to ensuring readers have the most up-to-date and correct information about Kentucky sports betting.
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