Barstool Sportsbook: Wednesday Promo Code ACTNEWS1000 Gains $1,000

It's an active mid-week betting menu as NBA, NHL, college football and basketball offer opportunity for Barstool Sportsbook'spromo code ACTNEWS1000, which gets a $1,000 risk-free bet for all new users.

"Risk-free" means if your first bet with Barstool loses, the amount lost will be restored in "bonus cash."

Celtics-Hawks will be the primetime game to see on Wednesday; let's use it as a vehicle to digest how this promotion will work.

A Guide to Barstool Promotions

Step 1: Selecting a Bet

Let's take a look at how we might approach this game to find a plus-money wager we are comfortable with.

Celtics-Hawks Preview

The best of the Eastern Conference will be on display Wednesday as the Celtics and Hawks meet for the first time. They split their four games in 2021 as the home team won each of them. This matchup features two of the league's elite in shooting acumen.

Andrew O'Connor-Watts says that the Hawks ability for efficiently executing mid-range shots should exploit the Celtics defensive scheme:

Celtics opponents are making scoring with the fifth-highest efficiency at 44.8%. But as previously mentioned, that’s the least efficient shot in the game. The Celtics will give teams that shot all day, even if they’re making them.

And the Hawks just happen to be making them.

Offensively, the Hawks take the most midrange shots of any other team in the league, and they make them at a 42.5% clip, good enough for 13th in the league.

It’s part of the Celtics’ scheme to allow their opponents lower-efficiency midrange shots while protecting the 3-point line at all costs.

And it’s an excellent strategy in today’s NBA, but the Hawks just happen to be a team capable of exploiting that strategy with their above-average offense scheme that is surprisingly tailored to the mid-range.

Pick: Hawks ML +105

Step 2: Deposit, Bet & Cross Fingers

OK, suppose we deposit $100 to bet on Celtics-Hawks.

We place it all on Atlanta. Here's what will happen:

• If Atlanta wins, it's like any other bet — we get the payout. In this case, we've won $105 and keep our $100 deposit for a $205 total payout.
• If Atlanta loses, I get $100 back in bonus cash (Barstool's term for free bets).

Step 2: Transform Bonuses to Cash

Bonus cash is used for placing bets, not withdrawing.

Fortunately, Barstool allows bettors to hold onto their bonus cash if the bet wins. Other books usually will take it away after use.

If the Hawks lose, we'll see the bonus cash after the bet settles. We can then use it however we please throughout the rest of the week.

Let's say we're antsy and extend our bedtimes to watch the Western showdown between the Warriors and Suns at 10:00 p.m. ET.

We take all $100 in bonus cash and place it on Warriors ML priced at +104.

This is how things would go:

It's basically a second chance. If the bonus cash bet wins, I make the profits, but lose, and the actual risk appears.

Step 3: Make Wise Bets on Promos 

The more plus-money you bet, the more expected value you gain.

Looking for another NBA play? Scan all ten matchups around the league with our experts to find the best bets to consider Wednesday.

Read crafty ways to bet across all of Wednesday's events:

• Action's staff has compiled 4 Best Bets across Wednesday's NBA games, which feature picks for Celtics-Hawks and Mavs-Rockets.
• Brandon Anderson makes sense of how to perceive and approach each of the NFL Week 11 games on tap.
• The MACtion continues! Check out the staff's expert choices for Wednesday's CFB matchups.
• Texas-Gonzaga headline the college basketball affairs for Wednesday — read up on how you can find a good line.
• Watching Connor McDavid provides added exhilaration to any bet. Let Tony Sartori walk you through Kings-Oilers for Wednesday's NHL game to target. .

States Available

Barstool's Sign-Up Steps

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.

1. Follow this link
2. Put in your name, address, last four of SSN, etc.
3. Enter Barstool Sportsbook promo code ACTNEWS1000 at checkout to qualify for the bonus offer
4. Deposit using a bank account, credit card, or PayPal
5. Make your first bet up to $1,000