Barstool Sportsbook Promo Code ACTNEWS1000 Unlocks $1,000 for MNF

Barstool Sportsbook promo codeACTNEWS1000 will activate a $1,000 risk-free bet for any wager you place on Monday Night Football.

You can take advantage of this offer on any sport. You can bet single games or parlays, too.

If your bet wins, you'll keep the initial bet and winnings. You'll be refunded the bet amount in free bets/bonus cash if it loses.

Let's dive into the specifics of how this offer works below.

How Does a Risk-Free Bet Work?

Sportsbooks all use slightly different language for their promotions, and we have already covered them in-depth.

Here's how the promo offer works, with an example for Monday Night Football below.

• Click one of our promotional links or download the Barstool Sportsbook app
• Make sure you sign up with Barstool Sportsbook promo codeACTNEWS1000 to qualify for the risk-free bet
• Deposit at least $10
• Place your first bet

Possible outcomes:

• If your first bet wins: you keep the winnings and your deposit
• If  your first bet loses: you'll get refunded in bonus cash (aka free bets) equal to that first wager

Let's dive into an example from Monday's pair of NFL games.

• If the Eagles win: you win $454, and keep the original $500.
• If the Eagles lose: you'll get $500 in bonus cash (aka free bets).
• If your bonus cash bets win: You keep the profit, not the bonus cash.
• If your bonus cash bets lose: you end up with nothing.

Now pretend the Eagles somehow lose your risk-free bet — you've got $500 in bonus cash to wager.

You decide to bet everything on the Steelersmoneyline on Thursday Night Football against the Browns at +160.

• If the Steelers win: you profit $800 ($500 x 1.6) but don't keep the $500 free bet.
• If the Steelers lose: you end up with nothing.

So if they win, you've now profited $300 ($800 – $500 you put in) on your initial deposit.

Other things to know: You must use your bonus cash within 30 days, or it will be revoked. And you cannot wager on anything longer than -200 odds, or else your bonus cash won't convert to real cash (but you want to use your free bets on longshots, anyway). That means a -150 bet is OK, but -300 isn't.

How to Sign Up at Barstool and Claim the Promo

It's simple to sign up at Barstool Sportsbook.

1. Follow this link
2. Input all your accurate information (name, address, last four of SSN)
3. Make sure you use 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 risk-free, up to $1,000

Barstool's promo code bonus offer is available in 13 states — Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, New Jersey, Pennsylvania, Tennessee, Virginia and West Virginia. Users can still sign up and bet if they travel to a different state where Barstool operates this weekend.

How to Use Your Risk-Free Bets

The optimal way to use your risk-free bets, mathematically anyway, is on plus-money wagers. That's because you're getting much more expected value from +250 or +500 wagers — the higher the line, the more value.

But not everyone wants to squander their big free bets on longshots, even if it's mathematically optimal.

Here are a few ways to use your risk-free bet at Barstool Sportsbook on Monday Night Football and beyond.

• Week 3 look-ahead bets to lock in now.
• Stuckey says don't overreact to the Vikings' big win in Week 1.
• Keep betting Jalen Hurts rushing props on MNF.
• Does the betting market like the 49ers more with Jimmy G at QB than Trey Lance?