Barstool Sportsbook is one of the newest online sports betting options and launched its online sportsbook in New Jersey in September 2020. Since then it has also launched in Virginia, Colorado, Illinois, Michigan, Pennsylvania and Tennessee. We suggest you check out our top rated sportsbooks.
The company joined the legal sports betting industry thanks to its recent partnership with Penn National Gaming.
Barstool agreed to give a 36% stake in its brand for sports wagering services.
Penn National paid $163 million in cash and stock in exchange for exclusive gaming rights for up to 40 years. The deal includes online and retail sports wagering, as well as online casino platforms. So far, Barstool Online Casino is live in three states.
Penn National can increase its ownership, up to 50%, in three years, with the option to take full ownership.
Barstool bonus code and welcome offer
Between Penn National’s Hollywood Sportsbook, other Kambi-powered platforms, and the relevant states online sportsbook climate, there was a lot of speculation about what type of Welcome Offer Bartstool Sportsbook would reveal during their launch. The offer that they decided to release is twice as nice as what anyone predicted:
No Deposit Bonus: The first portion of the welcome bonus is available immediately after signing up, as you will earn a $10 no deposit bonus. This bonus does not require a bonus code. It just requires you to be 21 or older and be physically located within the relevant state at the time the bet is made.
Risk Free Bet: Once you’ve had your introductory fun, fear not! There is a second leg to the Barstool Sportsbook welcome bonus and it comes in the form of a risk free bet. To redeem this offer, make a deposit and then, make your first bet. If the bet you make is a winner, you win! Congratulations.
However, if that bet is not a winner, you will be reimbursed 100% of your bet, up to $500, so that you can have another try.
Barstool Sports promo code
| Online Sportsbook | Barstool Sportsbook |
|---|---|
| Promo Code | None Needed |
| No Deposit Bonus | $10 |
| Risk Free Bet | 100% up to $500 |
| Last Updated | May 2023 |
Barstool Sports background
Barstool has expanded its image significantly in recent years, growing from a controversial sports blog in a short time. The company is now valued at $450 million and is diving into the world of legal sports gambling.
While it has other sports wagering partners, including FanDuel and PointsBet, this is Barstool’s first venture in creating its own betting app.
Its new deal with Penn National will help immensely, as it already has a footprint in sports betting across the US. The operator features 41 properties in 19 states, many of which already have legal sports betting. They include:
- Illinois
- Indiana
- Iowa
- Michigan
- Mississippi
- Nevada
It won’t be surprising to see the Barstool sports betting app become available everywhere sooner than later.
Sign up at Barstool Sportsbook
Creating an account at Barstool Sportsbook is as easy as joining many of the other legal US sportsbooks.
To start, you’ll need to provide some basic information that includes the following:
- Name
- Date of birth
- Address
- Phone number
- Social Security number
You will also need to create a username and password to gain access to the sportsbook. After answering a few security questions, you’ll almost be ready to start gambling.
The only other requirement is that you must confirm you’re of legal age to gamble and agree to the book’s terms and conditions.
Registration eligibility at Barstool Sportsbook
There are registration eligibility requirements that differ slightly from state to state.
Firstly, bettors must be old enough to gamble and be located in the legal sports betting state.
For most states, the legal age to gamble is 21 years or older, but other states have a minimum age of only 18.
Secondly, you must be inside the state borders of the sportsbook you are trying to access. Online betting apps use geolocation technology to determine precisely where you are when you want to wager.
Beyond that, there are some restrictions on those who won’t be able to bet.
Those with professions that could affect the outcome of a sporting event are not permitted to bet. These people include players, coaches, referees, and trainers.
Other casino key employees cannot use online sportsbooks as well.
Download the Barstool Sportsbook app
Downloading the mobile betting app is just as easy as registering.
Bettors with Apple and Android devices can use the online sportsbook from their smartphones and tablets, too.
If you have an Apple device, you’ll be able to download the Barstool iOS app directly from the Apple App Store. However, those with an Android device must download the app from Barstool’s website because the Google Play store doesn’t allow real-money betting apps.
Barstool Sportsbook is also available for browser-based wagering.
Promotions at Barstool
Barstool Sportsbook has unveiled a variety of promotions to attract new bettors right from the start.
Although Barstool’s online following will certainly help it grow in popularity, the book will still need to entice new customers with deals.
Of course, the welcome offers are essential; however, so are weekly and monthly promos.
These typically involve rewarding users with free credit for wagering an amount on a specific sport or by losing a bet in the final seconds of a game.
A lot of online sportsbooks create promotions, depending on sports and betting events that are timely.
In the winter months, most have deals in place for wagering on the NBA, NHL, and college basketball.
With Barstool going live right as the football season is gearing up, expect to see plenty of promos involving the NFL and college football as the platform comes into its own in Pennsylvania and spreads throughout the US.
Betting options available at Barstool Sports
Another way Barstool showcases plenty of options is through an extensive selection of betting choices.
Besides the standard wagering types, Barstool offers a lot of alternate ways to wager, including:
- Futures
- Live in-game
- Moneyline
- Parlay
- Point spread
- Props
- Round robin
- Straight
- Teaser
- Totals
In-game wagering
One of the most popular ways to utilize online sportsbooks is with live in-game betting.
Live betting means you can wager on a game at any point, even after it’s started.
This feature opens up plenty of betting opportunities.
You will no longer be locked out of a game because you missed the start. Live wagering allows you to watch as much of the game as you want before committing money. It also gives you more ways to wager on a single event.
You’re able to bet on up-to-date legal sports betting odds for standard lines like moneylines, point spreads, and totals; furthermore, most online books provide a bunch of alternates as well. These usually include several alternate spreads and totals, along with game and player props, too.
Barstool betting markets
Since Barstool and Penn National have prior experience in sports and gambling, they know they need to include all the major betting markets.
You can expect to find the following sports available at the Barstool online sportsbook:
- Aussie rules
- Basketball
- Baseball
- Boxing
- Cricket
- Hockey
- Football
- Golf
- MMA
- Motorsports
- Rugby
- Soccer
- Tennis
Is Barstool legal?
Barstool Sportsbook launched in Pennsylvania, New Jeresy, Virginia, Colorado, Illinois, Michigan and Tennessee with plans to extend quickly to different states throughout the US.
At the moment, these states have regulated sports wagering markets in place:
- Arkansas
- Delaware
- Iowa
- Indiana
- Mississippi
- Nevada
- New Hampshire
- New Jersey
- New York
- Oregon
- Rhode Island
- West
Virginia
These states will likely implement legal sports betting this year:
- Montana
- North Carolina
With Barstool’s widespread sports coverage and Penn National’s presence already in a lot of the mentioned states, the mobile betting app should spread fairly swiftly.
Banking option at Barstool Sports
Banking options can vary between online sportsbooks. Fortunately, when it comes to both deposit and withdraw methods, Barstool Sportsbook offers a range of different options.
Here are the available deposit methods:
- Online banking
- Debit or Credit card
- ACH/eCheck
- Wire Transfer
- PayNearMe
- PayPal
- Barstool Sportsbook Play+
Here are the available withdrawal methods:
- Online banking
- ACH/eCheck
- Check
- PayPal
- Barstool Sportsbook Play+
Growth of Barstool Sportsbook
Barstool has come a long way in a short time.
David Portnoy founded the sports blog company that focuses on pop culture in 2003. Its headquarters are in New York City.
Outside of Penn National, The Chernin Group is the primary owner of Barstool Sports as well. The two sides partnered in 2016.
While the blog and Barstool’s following has grown substantially over the years, it hasn’t been without controversy. In general, the brand is much more lenient on topics discussed and some of the opinions shared by its top talent.
Barstool debuted a TV show on ESPN2 in 2017 called Barstool Van Talk. Unfortunately, it lasted one episode because its content wasn’t precisely what ESPN expected.
The company and several of its employees have been in the news regarding comments that were not acceptable by most standards.
Still, Barstool is a success and features one of the top sports podcasts available called Pardon My Take.
A large part of Barstool’s transition into legal sports betting will be getting all of its fans on board with the new sportsbook. If it’s able to move just a portion of its followers into customers on the betting app, then the sportsbook will be a success.
Even though a portion of Barstool followers are younger men, this is the audience that the sportsbook will be looking to gain initially. Penn National already has brand recognition for its slightly older customer base.
There are also statistics to back up that Barstool’s viewers like to gamble on sports.
According to its internal data, Barstool said that 62% of “Stoolies” bet on sports. Of that percentage, 44% of them wager at least once a week. Also, about 40% of those bet more than $51 on average.
Barstool is joining the legal sports betting party a little late. However, if it’s able to secure a fraction of its 66 million unique monthly users, then it will be one of the top sportsbooks in no time.