Barstool Sportsbook

1. Barstool Sportsbook Illinois
2. Barstool Sportsbook Illinois

Our Barstool Sportsbook review expects a mobile app version of the platform to be available on both iOS and Android. Kambi Gaming will likely power the app, with long-standing ties to Penn National. A free-to-play app is currently available at Barstool which you can try out. The latest tweets from @BSSportsbook.

What do you get when you combine a prominent site for sports content and an online betting giant? The highly anticipated launch of the Barstool Sportsbook app is the tenth addition to Pennsylvania’s collection.

Since acquiring a portion of Barstool Sports, Penn National Gaming revealed its intention to launch the app in time for the 2020 NFL season, and it achieved that goal. This operator aims to claim a spot as one of the leading US online sportsbooks with competitive Barstool Sportsbook odds.

The anticipated Barstool Sportsbook launch date passed on September 18 2020, and there’s much excitement around the available offers at this new provider. Join us as we discuss the generous Barstool Sportsbook promo codes, how you can claim one, and what the benefits are.

Barstool Sportsbook Promo Code

Penn National Gaming has attained an influential position among both land-based and online sportsbooks and casinos; its portfolio is ever-expanding. The land-based casinos boast over 50,000 games at premium hotels in desirable locations.

Since development in 2003, Barstool Sports has been the go-to source for many Americans seeking the latest original sports and entertainment content online. Seventy reputable personalities have kept its dedicated audience entertained as the site continued to grow.

In early 2020, Penn National Gaming acquired a considerable portion of Barstool Sports as an addition to its omnichannel approach. This partnership marked the beginning of Barstool Sportsbook, with exclusive promotions of Penn National’s multiple gambling options.

Barstool Sportsbook Illinois

After acquiring its approval from the Pennsylvania Gaming Control Board, the Barstool Sportbook launch date occurred in mid-September. We can soon expect the Barstool Sportsbook app release in Indiana, with Colorado and Michigan to follow.

As our advancement into the digital age continues, the existing dedicated audience of Barstool Sports could prove immensely beneficial for this partnership. All that’s left is to look into how these loyal fans will benefit from any available Barstool Sportsbook promo codes.

Other reliable sportsbooks where you can find a great live promotion:

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Barstool Sportsbook App

September 18 marked the highly anticipated Barstool Sportsbook launch date in Pennsylvania. However, the testing stage spanned September 15 to 17, by special invitation only. Though the Barstool Sportsbook app marks the tenth release in the state, access was limited to a select few users initially.

Our focus today, however, isn’t on the Barstool Sportsbook app. Instead, we’ll focus on what we know about Barstool Sportsbook and what makes it unique.

Unlike most other online sportsbooks, players can interact with their favorite personalities when participating in Barstool Sportsbook sports betting. Users can follow the news and other content provided by the Barstool Sports site.

Through the app, you’ll find a wide variety of markets available, including the moneyline, parlays, point spreads, totals, and props. The three main types on offer at Barstool Sportsbook will likely be pregame, futures, and in-play bets.

When you join this provider, you can expect some impressive Barstool Sportsbook odds and extensive markets. As mentioned earlier, the provider made a clever move by setting the Barstool Sportsbook launch date during the 2020 NFL season.

Online sportsbooks use welcome bonuses and promo codes to entice new players to register. We expect nothing less from Barstool Sportsbook. The site lists various bonuses with no specific Barstool Sportsbook promo codes required. However, it’s unclear if these are exclusively applicable to the site or whether they’re available on the app too.

If an app-specific Barstool Sportsbook promo code is provided in the future, we expect it would come in the form of a no deposit bonus. Some other popular options include risk-free bets or a deposit match bonus, so keep an eye out for all three.

Whichever offer the provider chooses to attach to the Barstool Sportsbook promo code, we’re sure it’ll grab the attention of potential players. After all, any bonus could add some padding to your Barstool Sportsbook sports betting account balance and give you more bang for your buck.

Barstool Sportsbook Available States

After the initial testing phase from September 15 to 17, the Pennsylvania Gaming Control Board granted all required approvals to proceed with the full rollout. This marked the Barstool Sportsbook launch date in the state for September 18, and it went live without a hitch.

Pennsylvania is presently the only state where Barstool Sportsbook is available. The company does, however, plan to expand operations to Indiana, Colorado, and Michigan. As soon as the provider expands into these states, we expect to see the available Barstool Sportsbook promo codes to expand in number.

The exclusivity of the Pennsylvania launch makes it a slow start for this potential heavyweight of the sportsbook world. We expect to see some impressive Barstool Sportsbook promo codes in those states too.

Barstool Sportsbook Promo Code and Bonuses

As mentioned earlier, there are currently bonuses listed that don’t require Barstool Sportsbook promo codes. If you’re getting ready to register an account, here are a few options to try out.

Welcome Bonus

Once you’ve created and verified your profile, the provider will credit your account with $10. No deposit or Barstool Sportsbook promo code is required.

This type of bonus often carries heavy wagering requirements and restrictions before you can withdraw your winnings. It may sound like a lot of work, but it’s a fantastic way to try the provider.

First Time Deposit Bonus

After registering your account, you’ll receive a 100% risk-free bet on your first qualifying wager after making your initial deposit. You don’t need to provide a Barstool Sportsbook promo code to claim this offer.

If your first wager loses, you’ll receive 100% of your money back up to $500. Of course, this is subject to your wager meeting the specific requirements. As always, ensure that you’ve read the terms and conditions attached before claiming this bonus.

The typical value of risk-free bets with US providers ranges from $200 to $500. We’d expected nothing less from this provider, even without a Barstool Sportsbook promo code. Considering the Penn National involvement, we’re glad to see it’s gone with this bracket’s higher end.

Customization Bonus

Another fantastic opportunity to receive some extra credit is the Customization Bonus. You don’t need to enter a Barstool Sportsbook promo code or make any payments to qualify. Head over to the “Betting Favorites” section of your profile and add it to your preferences.

Barstool Power Hour

The #ReducetheJuice offers discounts on weekdays for one hour. You could receive discounted Barstool Sportsbook odds for selected events during this period. You don’t need to provide a Barstool Sportsbook promo code to qualify, and you could receive a better price for your wager.

Listed Pitcher Insurance

This promotion requires no Barstool Sportsbook promo code and is valid for wagers on MLB games. Receive 100% bet insurance against listed pitcher changes before the first pitch.

Deposit Match Bonus

This offer is the most common among US online sportsbooks, so it’s no surprise that we see it as a Barstool Sportsbook promo code. It isn’t among the active bonuses, but we hope it’ll make an appearance soon.

This type of bonus is often in the form of a percentage match on your first deposit. Some providers go a step further and spread this offer over the first three or four deposits with varying percentages. From our experience, this will likely range from 50% to 200% if Barstool wants to attract bettors to its sportsbook.

Furthermore, we speculate that the provider may have some league specific Barstool Sportsbook promo codes joining the lineup. Significant events such as the NFL, NHL, NBA, and MLB could pique some Barstool Sportsbook sports betting interest.

Since the Barstool Sportsbook is a bit late in joining the game, it’ll need to step it up to attract new players and gain market share. That requires launching more generous Barstool Sportsbook promo codes than the other more established operators. There’s nothing new players enjoy more than a little boost to their Barstool Sportsbook sports betting experience at no extra cost.

Whichever Barstool Sportsbook promo code is available, always be sure that you’ve read the terms and conditions attached. Some standard requirements that you’d find might include a limitation on Barstool Sportsbook odds, or restrictions on which games you can wager on and when. Failure to read and understand these terms could result in some unexpected losses.

Barstool Sportsbook Promo Code FAQ

What Do I Need to Open an Account?

From the Barstool Sportsbook site’s homepage, navigate to the login page and Create A New Account. Complete the registration form by providing your name, email, telephone number, address, and the last four digits of your social security number.

Remember that you must be at least 21 years old and reside within the borders of Pennsylvania.

What States Can I Wager In?

You may only place a wager while physically located in a state where Barstool is licensed. For now, this is restricted to Pennsylvania only. However, future plans for this brand include Michigan, Indiana, and Colorado.

Is Using Barstool Sportsbook App Legal?

Yes, the provider is licensed to operate within the borders of Pennsylvania.

Final Thoughts on Barstool Sportsbook Promo Code

With the impressive reputations of both Penn National Gaming and Barstool Sports, the Barstool Sportsbook app’s high anticipation before the recent launch was no wonder. These giants have a lot to offer, bringing both sports entertainment and betting together for an impressive gambling experience.

Barstool Sportsbook Illinois

You can find the app available for download from the Apple App Store for all compatible devices. Unfortunately, due to the regulations from Google, it’s not available from the Play Store.

If you’d like to install the app, visit the Barstool Sportsbook site, locate the link, and download the apk. file. Once the download is complete, you may proceed with installing the app to your device.

As mentioned earlier, while the site has bonuses and promotions listed for new players, there are none specific to the app. Luckily there are no particular Barstool Sportsbook promo codes required to claim any of the current offers available.

The dedicated customer care team, competitive odds, diverse markets, and user-friendly design may just be the perfect combination. Expectations are high for this dynamic duo, and we look forward to seeing what their users think.

Barstool Sportsbook holds a major feather in their cap for the month of December, but they may not want you to know it.

Penn National Gaming (36% stakeholder of Barstool Sports) put forward a fantastic $13 million in total sportsbook revenue for the month of December in Pennsylvania. This is more than DraftKings and FanDuel combined. Backed by a 19.1 hold percentage, Barstool Sportsbook may be the most profitable sportsbook in the industry.

For those that are not familiar, a “hold” is the percentage of money that a sportsbook keeps for every dollar wagered. In order to calculate hold, you must understand how implied win probability works. A hold is essentially another word for “vig” (which itself is short for vigorish), which is a percentage of winnings taken by an operator. Typically, vigs range anywhere from 3-5 percent.

In laymen’s terms, Barstool Sportsbook’s 19.1 hold percentage is a huge number for a sportsbook. The average hold percentage is anywhere between 5-7 percent. A hold percentage nearing 20 percent is extremely irregular compared to the typical sportsbook’s hold. Barstool’s Pennsylvania sportsbook made more money per dollar in December than any other sportsbook in the state by a longshot.

Barstool Sportsbook had its first full month of operation as a sports betting company in December. Their substantial numbers in Pennsylvania are impressive but maybe something that they do not want to be advertised.

Is There A Reason For Barstool Sportsbook’s 19.1% Hold?

A hold percentage should always be over 5% for the sportsbook. For those unfamiliar, hold percentages should be over 5% and hope to get closer to 10%. Anything over that is considered extreme profitability.

Barstool Sportsbooks 19.1% is considered extremely profitable. This could be that the sports bettors are inexperienced and struggle or it could be the vigorish is too high.

There is also another contributing factor that could explain part of it, but certainly not all of it. Hold percentage does include unpaid futures bets as revenue. Theoretically, Barstool Sportsbook could have a lot of unpaid futures bets that would contribute to this number. Once futures are paid out, it could dramatically influence the sportsbook’s hold percentage.

Barstool Sportsbook was not open to take any futures bets that may have been completed in December. For instance, NFL Futures “Win Totals” bets are paid out in December. Barstool Sportsbook launched after these popular bets took place. Barstool has not had to pay out any futures bets yet, but the sportsbook can still take those bets. This could be one explanation for this unbelievable number.

However, this does not contribute to the number in its entirety. Every sportsbook is able to take futures wagers at any time. Furthermore, there are not many futures bets that cash in December other than the “Win Totals” NFL futures bets.

The reality seems to be that Barstool Sportsbook is charging a particularly high vigorish. This will not result in sustained success if they continue to offer uneven odds and few true odds boosts like their competitors.

Inexperience A Contributing Factor

Unfortunately for Barstool Sportsbook, this number is a bad look. They are branded as a sportsbook for the players, the everyday sports fan. A sportsbook that is truly for the players would not have this high of a hold percentage.

Barstool Sportsbook’s total December action in Pennsylvania was $71,779,304. The sportsbook’s total revenue was $13,932,121. Compare this to DraftKings, which took $207,608,213 in total bets and only $7,208,027 in revenue. Furthermore, FanDuel Sportsbook took $130,909,333 in total action in December. The revenue for the company was only $5,425,957.

Barstool Sportsbook took in 1/3 of the bets (in dollars) that DraftKings Sportsbook brought in, but earned almost double the revenue. Barstool Sportsbook has yet to truly become the sportsbook for the players. Its fans are fiercely loyal, but the sportsbook’s hold percentage shows that loyalty has not been reciprocated at this point.

Perhaps the “Stoolies” (Barstool Sportsbook users) are truly the worst sports bettors in the industry or the vigorish is just too high. It will be interesting to see the numbers as they go forward in Pennsylvania and now Michigan.