Introduction to bonus offers and why they have an impact on our decisions as sports bettors
With the world of online sports betting growing in popularity each year, it's no surprise to see that the marketplace is flooded with competition. This is great news for bettors because they're being bombarded with a wide variety of sign-up offers and ongoing promotions of all kinds. Every online sportsbook wants your attention, and operators continue to create even bigger bonuses to lure you in. While it's great news for all the bonus hunters out there, there's simply not enough time for most players to keep up with the different offerings. Fortunately, you don't have to. We put all the top bonuses to the test and share our findings with you here. In this bonus review, we're going to be looking at the 2 for 1 Barstool deposit bonus for new players.
Is Barstool available in your state?
See our table below for information on the availability of Barstool in your state and to get your state-exclusive promo code so you can start benefiting from their welcome offer today:
How to use the bonus – check if you're eligible and if you need a Barstool sportsbook promo code
First and foremost, the Barstool bonus is only available to new Barstool members who are yet to make their first deposit. Also, you are required to be over 21 and physically present within any of the following states:
- Colorado
- Iowa
- Louisiana
- Michigan
- Illinois
- Indiana
- Arizona
- Pennsylvania
- Tennessee
- Virginia
- New Jersey
- West Virginia
- Kansas
- Ohio
- Maryland
Those who are eligible can use the bonus by signing up and making a first-ever real money deposit. When you've credited your account, simply make any single bet like a straight bet or standard parlay on your bet slip. If your bet is unsuccessful, you will receive a full refund of up to $1,000 in bonus funds. These funds can be used on odds of -200 or longer and come with a standard 1x wagering requirement. On the other hand, if your bet is successful, you will not receive any bonus funds. Because of this, the initial bet at Barstool sportsbook is technically no sweat.
There is no opt-in or Barstool sportsbook promo code required to use this bonus. The promotion started on the June 28, 2021 and will come to a close at 11:59:59 PM ET on the June 30, 2023. When it comes to wagering requirements, any bet placed after the expiration of the promotion period or settled with the live “Cash Out” feature will not be eligible. You are allowed to choose between a variety of bet types including live wagers, odds/spreads boosts, futures, moneyline, or multi-bet wagers like parlays, teasers, etc.
Top 5 expert tips to take advantage of the offer – tried and tested tips
Claiming the bonus is one thing, but learning how to get the most out of your time as an online sports bettor is something completely different. The bonus is a great start, but becoming successful involves a whole lot more knowledge and expert insight. And that's why we're here to help. Here are our five expert tips to consider:
Familiarize yourself with proven betting strategies
Most newbies and everyday players seem to overlook the idea of implementing a strategy. After all, the consensus is that online gambling is based purely on luck. While luck certainly plays a role in every outcome of sports betting, there are still proven betting strategies that you can implement yourself. Before you collect the bonus, go over the basics like backing heavy favorites and betting based on winning streaks.
When you're familiar with basic strategies, you can then consider more advanced yet potentially more lucrative strategies like arbitrage betting and EV betting. With a strategy in mind, you should find that you'll be able to use your Barstool deposit bonus funds more purposefully. Although there is no strategy that 100% guarantees a win every time, strategies like EV betting are based on sound mathematical principles and have stood the test of time.
Consider placing your bets on mobile
Betting on mobile is without a doubt the most convenient way to access your sportsbook account. And considering you only have 24 hours to complete the Barstool welcome bonus, the mobile app can certainly provide you with several distinct advantages over the alternative methods.
Compare odds & go line shopping
Even though this is a one-time offer, you'll soon be a fully-fledged member after collecting the Barstool deposit bonus. Therefore, if you want to be successful in the short, medium, and long term, you need to start adopting the best habits possible. One of the best practices you can adopt when using this bonus and other bonuses in the future is to compare odds, spreads and lines.
The truth is, most bettors aren't willing to do what’s necessary to maximize the chances of winning, which is why most bettors consistently lose. Comparing odds and lines only takes a matter of minutes, and can have a huge impact on the quality of your betting.
Look out for value betting opportunities
There are many common terms in sports betting, but value betting is one of the most important ones to learn. Value betting is simply placing a bet on a sporting event where the odds and spreads give you a slight edge over the sportsbook. This occurs when the sportsbook misjudges the odds and spreads for a particular game. When the odds and spreads are set at a higher price than what they technically “should” be based on the previous match history and other factors, this is a betting opportunity.
You can listen to as many expert picks and breakdowns as you like. At the end of the day, sports is an unpredictable world, and that's what makes it so exciting! If you're really hyped up about a particular player or up-and-coming team, and you feel like you can identify some unique betting opportunities, you should absolutely trust your own judgment! Through your own research and trial and error, you can begin to gain your own level of expertise. And before you know it, you'll be the one giving tips to others!
Frequently Asked Questions about the bonus – quick-fire solutions from the experts
Can I cancel my participation in the Barstool deposit bonus?
You are allowed to submit a cancellation request to the customer support team. You can reach out via email at support@barstoolsportsbook.com to request that you cancel your participation in this or any other bonus. Following a successful cancellation, you should be able to withdraw any funds that you initially deposited right away. No restrictions or playthrough requirements will apply. However, if you decide not to cancel and leave any sportsbook bonus funds in your account, these will still be subject to the playthrough requirements.
Are there any state-specific restrictions?
When it comes to the state-specific restrictions, bettors located in Illinois, New Jersey, and Virginia are unable to place qualifying bets on games that include any locally based college teams. Furthermore, anyone from outside the 15 licensed regions is ineligible.
Can I deposit with Apple Pay?
Apple Pay is an innovative contactless payment option that's available at Barstool sportsbook. However, this payment method is for Apple devices only. For those of you with Apple iPhones or iPads, you can make fast deposits using traditional bank cards through the protection of your Apple Wallet and qualify for the Barstool deposit bonus on sign up.
Are there any restrictions on the withdrawal of funds?
Bonus funds that arrive in your account balance are not eligible for a real money transfer from your account. You will need to wager the bonus funds 1x to qualify for a payout. Once you've met the wagering requirements, terms, and conditions, funds may be taken from your account within a
Barstool withdrawal time
through a number of different payment methods. Unless otherwise stated, 100% of the value of the bonus funds at the sportsbook will be automatically withdrawn from your account after 30 days following the last date when you played with any amount of the funds.
How do I deposit using a debit or credit card?
In most jurisdictions, new players can deposit funds into their Barstool account using debit or credit cards. In Iowa and Tennessee, credit cards are not accepted. All major banks are accepted including Discover, Visa, and Mastercard. Please note that some card issuers are known for blocking online gambling transactions. So if your transaction is declined, please consider using an alternative payment option.
Additional rewards & loyalty programs – play to earn extra points and prizes at Barstool
If the Barstool deposit bonus isn't enough to get you hyped about betting at Barstool, you'll want to hear about the abundance of other ongoing promotions and VIP rewards. Not only can you sign up and earn bonuses right away but you can also start earning MyCash and MyChoice tier points on all of your wagers!
If you're on the hunt for extra prizes including real-life gifts and experiences, MyChoice is the only loyalty program you'll ever need. Sign up and you'll instantly be enrolled in the program. Regardless of your budget and betting frequency, when you start betting, you start earning.
Overall conclusion – Barstool is the complete package
Practically every online sportsbook provides plenty of offers these days, but very few of them manage to retain and build a growing community of players. New online sportsbooks can certainly learn a thing or two by looking to Barstool as an example of what great
sportsbook promotions
and rewards look like.
When you become a fully-fledged member of Barstool, you'll be greeted with open arms and plenty of excellent bonuses. With an abundance of ongoing promotions and rewards that increase in value, there are few reasons why existing bettors would ever consider looking elsewhere to place bets. Not only do the welcome offers encourage you to sign up, but the VIP incentives encourage loyalty. Nowadays, Barstool is evolving into a household name with a huge community of players. Sign up today and see why so many sports bettors are choosing Barstool over the competition.
Barstool sportsbook in the USA
Barstool Sportsbook is loaded with great features, bonuses, and an abundance of sports betting options. The $1,000 2 for 1 new player bonus is designed to get you off to a flying start, and players from 15 different states are eligible!
If you're over the legal gambling age and physically present within any of the following states, you're free to sign up and collect the $1,000 2 for 1 bonus: Colorado, Pennsylvania, Iowa, Louisiana, Michigan, Illinois, Virginia, New Jersey, Tennessee, Indiana, West Virginia, Ohio, Arizona, Maryland and Kansas. If you’re looking to claim the 100% no sweat casino bonus up to $1,000, you’ll need to be within Pennsylvania, West Virginia, Michigan, or New Jersey.
Barstool deposit bonus FAQ
🏆 Is the Barstool deposit bonus worth the hype?
We review the most popular brands and bonuses to see if they deserve the hype and publicity. With all the hype surrounding the Barstool deposit bonus for new players, we've decided to put this bonus to the test and see what it's really like and if players are eligible for a
Barstool bonus bet. The results are in, and we don't hold anything back in our unbiased review.
❓ Do I need a Barstool sportsbook promo code?
You certainly don't want to miss the current bonus at Barstool! But do you need to enter a
Barstool sportsbook promo code
to activate the bonus? Our review guide gives you a breakdown of the bonus and whether or not you'll need a Barstool sportsbook promo code.
✅ Can I get a Barstool deposit bonus?
There are loads of different Barstool deposit bonus offers available at any given time. But first, you need to check if you're eligible. Our full review guide takes a detailed look at the current Barstool deposit bonus and how you can qualify!
