Barstool Sportsbook Promo Code Nets $1,000 Offer for NBA
- After the entire league was off for election day, the NBA is back in full force on Wednesday. And Barstool Sportsbook is offering new users $1,000 risk-free on any game on the slate, or any other sporting event.
- We'll explain how the offer works and why the Barstool bonus cash is so advantageous compared to other sportsbooks.
- Use Barstool promo code ACTNEWS1000 to claim the offer now.
Barstool Sportsbook's promo codeACTNEWS1000 will net all new users a $1,000 new player bonus — what most other sportsbooks call a risk-free bet.
So how's it work? If your first bet at Barstool loses, you'll get refunded the same amount you lost in bonus cash. But Barstool's bonus cash setup is more advantageous than most other books, because you keep the bet stake if it wins. We'll get into the details more below.
Confused? Don't worry, we'll cover it all below.
How Barstool's Promo Works
Promotional lingo can be confusing, so we did a deep-dive on what each sportsbook promo offer means.
At Barstool, here's how it will go.
- If the Knicks win, you'll profit $360, and keep the original $300. You've now got $660 in your account you can withdraw, or continue betting.
- If the Knicks lose, you'll get $300 back in Barstool bonus cash, aka free bets.
Here are the two ways your account could look:
|Money in Acct.
|$300 bonus cash
What About Bonus Cash?
Alright, so how does this bonus cash work? Many sportsbooks call it free bets, and it does behave similarly, with one key difference.
At Barstool, you keep the bet amount. So if I use $50 in bonus cash on Panthers moneyline against the Falcons at +130 on Thursday Night Football, I'll win $65 if Carolina wins, but also keep the $50 in bonus cash. It becomes real cash.
If Carolina loses, however, I'll end up with nothing.
Bonus cash can be split across different bets, so you don't have to use it all at once.
Using the example above, here's what your account might look like:
|Money in Acct.
|$115 + $250 bonus cash
|$250 bonus cash
Free Bets Strategy
We advise to use free bets on plus-money wagers. It seems like you're losing more, but you'll get more expected value over time.
Expected value means the margin between the real odds of something happening and the what the sportsbook says the odds are.
While golf may not be the ideal free bet due to market width, here's an example from this weekend's Houston Open from our expert, Chris Murphy, on why he likes Denny McCarthy at +4000.
The last time we saw Denny McCarthy, he was the low man on the odds board at the Bermuda Championship. While he didn’t come through for his maiden victory, he was right there throughout the week and hit the ball really well. He fell short, finishing T6, but now he comes to another course that should be a nice fit for his game at much more palatable odds.
McCarthy has made the cut in each of his last four trips to Memorial Park, with finishes of T11 and T9 in two of his last three years. He is consistently one of the best putters on TOUR, and Bermudagrass is his favorite putting surface. This is a week where the flatstick will be the important club in the winner’s bag, and with McCarthy’s combination of solid recent play and putting upside, I love his value at +4000.
The Sign-Up Process
Signing up for most legal sportsbooks is pretty simple and can be done in just a few minutes. Here's how it works at Barstool.