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Barstool Sportsbook Promo Code: Cashback up to $1,000



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by Martin Green | Gambling.com

The Barstool Sportsbook promo code provides new customers with a generous Bet $5, Get $50 welcome bonus. You just need to place a $5 sports bet to qualify, and you will receive two $25 bonus bets, with a simple 1x playthrough requirement. Barstool Sportsbook will also match 100% of your first deposit with “Eligible Cashback,” up to a maximum of $1,000, which you can convert into cash by completing a 20x release requirement.

Our Barstool sports betting review explains how you can claim both of these bonuses after creating an account. We will break down the wagering requirements, and we will then discuss the various additional Barstool Sportsbook promo offers you can claim. Our Barstool review then delves into the betting options, the odds, the features, the payout speeds and other important areas, so keep reading to learn more about this online sportsbook.

Barstool Sportsbook Promo Code

📱 Barstool Sportsbook Promo CodeNONE NEEDED
💰 Barstool Sportsbook Welcome OfferBet $5, Get $50, Plus Cashback up to $1,000
🏦 Minimum Deposit$10
📅 Legal Age21
✅ Promo Last VerifiedAugust 6, 2023

Barstool Sportsbook Promo Code Details

New customers can claim two separate Barstool Sportsbook promo codes. You will receive a Bet $5, Get $50 bonus immediately after signing up. Just place a $5 qualifying bet, and Barstool Sportsbook will reward you with two $25 bonus bets. They each have a 1x rollover requirement, so that is a very attractive offer among sportsbook promo codes.

Your first deposit will also be matched dollar-for-dollar with “Eligible Cashback,” up to a limit of $1,000. You will have 30 days to convert that “Eligible Cashback” into withdrawable cash by placing sports bets. The cashback rate on sports bets is 5%, which means you will unlock $5 for every $100 you wager. That equates to a 20x release requirement.

You can claim this Barstool Sportsbook bonus code alongside the best offers from rival online sportsbooks. We also recommend redeeming the BetMGM bonus code, which provides a rebate of up to $1,000 – paid in bonus funds – if your first bet loses. Meanwhile, the Caesars Sportsbook promo code will earn you up to $1,250 back as a bet credit if you lose your first wager, plus 1,000 rewards program points.

Barstool Sportsbook Promo Terms & Conditions

The Bet $5, Get $50 bonus comes with very simple terms and conditions. No opt-in is required. You just need to place a $5 qualifying bet on any game, and there are no minimum odds requirements.

The Barstool Sportsbook promo will immediately award you two $25 bonus bets, irrespective of the outcome of your $5 wager. If the $5 wager wins, you will also be paid in cash for that bet. The $25 bonus bets have a 1x playthrough requirement, so just place two $25 wagers, and any winnings will be paid in cash. Make sure you use them within seven days, or they will be forfeited.

The cashback bonus has slightly more complex terms. Barstool Sportsbook will match 100% of your initial deposit with “Eligible Cashback.” You will convert it into withdrawable cash at a rate of 5%. For example, if you place a $100 wager, you will convert $5 of your “Eligible Cashback” into cash, which can be immediately withdrawn.

Only sports bets at odds of -200 or longer will count towards unlocking the cashback, and you will have 30 days in which to convert it. If any “Eligible Cashback” remains unlocked after 30 days, it will be removed from your account.

How to Redeem Barstool Sportsbook Promo Code

This section explains how to redeem both Barstool Sportsbook promo code offers. Follow these steps to get started today:

  1. Use the “Bet Now” button on this page (when it becomes available) to open the Barstool Sportsbook site. It will open the homepage, and you will see both welcome bonuses displayed in a “Promos” carousel near the top of the screen.
  2. Hit the “Sign-Up” button and then “Get Started” to open a six-step registration form. Follow the six steps required: enter contact details, verify your email address, type in personal information, set limits on your account, accept the terms and then verify your identity.
  3. You will notice a “Promo Code” section on the first step of the sign-up form, but you can leave it blank, as clicking our link earns you the welcome bonus.
  4. When you have submitted your sign-up form and verified your identity, make a deposit. The minimum deposit is $10. Your first deposit will be matched 100% with “Eligible Cashback,” and you can spend the next 30 days unlocking it at a rate of 5%. As soon as it is unlocked, the cash can be withdrawn.
  5. Place a $5 qualifying bet on any game. You will receive two $25 wagering credits. Play them through 1x within seven days of receipt, and you can then cash out any winnings earned.

Barstool Sportsbook Promo Code Reviews

Barstool Sportsbook offers an attractive two-part welcome bonus. The main Barstool Sportsbook promo is appealing, as you only need to risk $5 of your own money to claim two guaranteed $25 bonus bets. Each Barstool Sportsbook bonus bet has a simple 1x playthrough requirement too, and there are no minimum odds, so this is a great deal.

Most rivals will only give you bonus credits if you lose your first bet, whereas bonus credits are guaranteed at Barstool Sportsbook. The cashback bonus is a nice touch too. It will mainly benefit players that make a large initial deposit and then place a significant volume of bets within their first 30 days. Once again, you will convert the locked “Eligible Cashback” funds into withdrawable cash regardless of whether you win, push or lose your bets, so this is another attractive offer. There is a VIP welcome bonus available, too.

Barstool Sportsbook Promo Code Pros & Cons

Pros
You only need to risk $5 to earn a guaranteed $50 in bonus credits.
The bonus credits have a 1x playthrough requirement, and they can be used on any markets.
You will also receive up to $1,000 in cashback over your first 30 days, and there are lots of additional Barstool Sportsbook promos to claim, too.
Cons
Some rivals offer a larger sign-up bonus, such as the Bet $5, Get $150 offer at DraftKings or the Bet $1, Get $200 bonus at bet365.
Your “Eligible Cashback” will expire if you do not unlock the funds within 30 days, so you will need to spend 20x the locked amount on sports bets in order to redeem it all.
These offers are for new customers only, and they cannot be claimed by players that already hold Barstool Sportsbook accounts.

Other Barstool Sportsbook Promotions

The main Barstool Sportsbook bonus is only available to new customers. However, existing users can redeem a range of recurring Barstool promotions. These are some of the best Barstool Sportsbook promotions to look out for:

Bet & Get Bonuses

These bonuses reward you with bonus bet credits for placing specific wagers. For example, you can place three $10 bets at minimum odds of -200 on a golf tournament to receive a $5 bonus bet. Another offer recently awarded players a $5 bonus bet for wagering $25 or more on a soccer same game parlay. Look out for NFL betting promos of a similar nature throughout the football season.

Odds Boosts

These Barstool Sportsbook promotions earn you an enhanced cash profit on specific sports betting markets. For example, you might find Vladimir Guerrero Jr. to hit a home run, boosted from +300 to +375, or Scottie Scheffler and Brooks Koepka each to shoot 69 or better in a round at a major golf tournament, boosted from +175 to +300.

There are regular boosts and “Barstool Exclusives.” The latter category includes boosts on picks given out on the Barstool Sports network, such as boosted NFL odds on a prediction issued during the Pardon My Take show. This is a nice way to link the sportsbook to the various shows hosted within the Barstool Sports media empire.

Casino/Sportsbook Crossover Promos

There are lots of crossover promos for sports bettors and casino players in Michigan, New Jersey, Pennsylvania and West Virginia too. For example, you can bet $10 on a casino game to unlock a $10 sports bet, or bet $25 on a live dealer casino game at the weekend to receive a $5 bonus sports bet via the Live Casino Weekend Barstool Sportsbook bonus.

Barstool offers one of the best online casinos in the business, and you can claim a great Barstool Casino promo code offer.

Insurance Offers

These Barstool Sportsbook promos provide you with a rebate on certain losing wagers. One of the recent Barstool Sportsbook promotions was called GOAT Insurance. It awarded anyone that bet on Lionel Messi to score in a game for Inter Miami a 100% rebate of up to $25 – paid as a bonus bet, with a 1x wagering requirement – if he failed to score.

PENN Play Rewards Program for Barstool Sportsbook

Barstool Sportsbook has always been part of the PENN Play rewards program. This program was created to reward regular visitors to land-based casinos owned by parent company Penn Entertainment, such as Hollywood Casino and Ameristar Casino. It was extended to cover Barstool Sportsbook & Casino when they launched in 2020.

You will earn 1 Tier Point for every $10 you wager on a straight bet and every $5 you spend on a parlay. You can progress through the various levels: Play (0-999 points), Advantage (1,000-17,999 points, Preferred (18,000-49,999 points), Elite (50,000-199,999 points) and The Owners Club (200,000+ points). You will initially earn bonus bets, known as PENN Cash, at a rate of $10 per 3,000 Tier Points, but the redemption rates improve as you move up to higher tiers, and there are extra rewards on offer, too.

Barstool Sportsbook Review 

Penn Entertainment, formerly known as Penn National Gaming, purchased a 36% stake in Barstool Sports back in 2020. It launched Barstool Sportsbook in Pennsylvania the following year, and it has now expanded into a dozen additional states. In 2023, Penn Entertainment purchased the remaining 64% of Barstool Sports, the media empire founded by Dave Portnoy in Boston. Portnoy is still heavily involved, as are the other personalities, such as Dan “Big Cat” Katz.

The company initially used a white-label sports betting platform from a company called Kambi to power Barstool Sportsbook. That resulted in an identical user experience to other Kambi clients, such as Unibet and BetRivers. However, in July 2023, it migrated to proprietary, in-house software developed by theScore Bet, another operator that Penn Entertainment acquired. It now offers a simpler platform, with fewer features and betting options, but it is still a high-quality online sportsbook, with an accessible interface and competitive odds.

Barstool Sportsbook App

The Barstool Sportsbook app was also relaunched in July 2023. Migrating to in-house software will save the company money, as it no longer needs to pay Kambi a cut. Some of that money will hopefully be reinvested in larger promos and sharper odds. It allows Penn Entertainment to set its own odds, and choose which mobile features it wants to offer.

The new Barstool Sportsbook app is still very user-friendly, and it features a more stripped-back and simple design. Some customers may miss some of the old features, such as the pre-game stats and tools for creating alternate lines, but the new interface is cleaner and perhaps easier to navigate. It also offers a new, simplified mobile cashier. There are still plenty of betting options on the big leagues, and it is one of the best NFL betting apps.

Barstool Sportsbook States Available

Penn Entertainment decided to launch Barstool Sportsbook in its home state back in September 2020. It made a successful debut in Pennsylvania, and it has since expanded into a variety of additional states. The company owns a large estate of land-based casinos across the country, including Hollywood Casino and Ameristar, which often makes market access easy, so it is now one of the nation’s most widely available online sportsbooks, These are the states in which you can use it:

Barstool Sportsbook Arizona

Barstool Sportsbook launched in Arizona on September 9, 2021, just in time for the NFL season. It tied up a market access deal with Phoenix Raceway, making it the venue’s exclusive sportsbook partner. Barstool offers one of the most popular sports betting apps in the Grand Canyon State, and new customers can claim the Barstool Sportsbook promo code discussed on this page.

Barstool Sportsbook Colorado

Barstool Sportsbook Colorado made its debut in August 2021, operating on the master license of Ameristar Black Hawk. There are more sportsbooks in Colorado than any other state apart from New Jersey, so it is a very competitive market. However, Barstool has a loyal following in the Mile High State, and various Barstool Sportsbook NFL promo offers have helped it claim market share.

Barstool Sportsbook Illinois

Penn Entertainment rolled out Barstool Sportsbook into Illinois in March 2021. It owns Hollywood Casino Joliet in Illinois, so Barstool was able to launch on that venue’s master license. Barstool offers one of the best NBA betting sites in the state, and you can claim both Barstool Sportsbook promo code offers mentioned above.

Barstool Sportsbook Indiana

Barstool Sportsbook Indiana went live in May 2021, operating on the master license of Ameristar Casino in East Chicago. It is the sixth largest sportsbook in the state, after FanDuel, DraftKings, BetMGM, Caesars and BetRivers, according to figures from the Indiana Gaming Commission. There are various Barstool Sportsbook promo code offers for Hoosiers, including boosted NBA odds and bonus bets.

Barstool Sportsbook Iowa

Penn Entertainment owns Ameristar Casino in Council Bluffs, so market access for Barstool Sportsbook was simple in the Hawkeye State. It launched in November 2021, taking its tally to 10 states. Iowans can claim the Barstool Sportsbook promo code offers discussed above.

Barstool Sportsbook Kansas

Barstool was one of the first online sportsbooks to launch in Kansas when the Sunflower State introduced legal wagering in September 2022. Penn Entertainment operates Hollywood Speedway, so it built a retail Barstool Sportsbook lounge there, which is popular with Missouri bettors that cross over the border to place NFL futures bets and pre-game bets on the Kansas City Chiefs. Barstool online sportsbook operates on that casino’s master license, and it is available statewide in Kansas.

Barstool Sportsbook Louisiana

Barstool Sportsbook expanded into Louisiana when the Bayou State rolled out its legal online sports wagering industry in January 2022. Penn Entertainment operates five casinos in Louisiana – Boomtown Bossier City, Boomtown New Orleans, L’Auberge Baton Rouge, L’Auberge Lake Charles and Margaritaville Resort is Bossier City – so market access was not a problem. Online sportsbooks are permitted in 55 of Louisiana’s 64 parishes.

Barstool Sportsbook Maryland

Penn National developed Hollywood Casino Perryville in 2010 and then acquired all operations for $31.1 million a decade later. That allowed it to launch a Barstool retail sportsbook in 2022, followed by an online sportsbook. Anyone in Maryland can grab the Barstool Sportsbook promo code offers today.

Barstool Sportsbook Massachusetts

Barstool Sportsbook was among the first operators to go live in Massachusetts on March 10, 2023, when the new legal industry began. It offers a retail sportsbook at Plainridge Park Casino, another venue owned by Penn Entertainment via its Gaming and Leisure Properties subsidiary. You can download the Barstool Sportsbook app or place bets via the website from anywhere in the Bay State.

Barstool Sportsbook Michigan

Barstool launched online sports betting in Michigan on Day 1 of the new industry in January 2021. Penn Entertainment owns Hollywood Casino at Greektown in Detroit, and there is a retail Barstool Sportsbook lounge there. Michiganders can often enjoy special Barstool Sportsbook promo code offers, such as gift giveaways, by placing bets in-person at Hollywood Casino at Greektown. Barstool online casino is available in Michigan too.

Barstool Sportsbook New Jersey

Barstool also offers online sports betting and casino gaming in New Jersey. It has operated on the master license of Freehold Raceway, a track co-owned by Penn Entertainment and Greenwood Gaming, since August 2021. Many of the world’s best online sportsbooks are live in the Garden State, so Barstool needs to work hard in order to compete. It offers generous Barstool Sportsbook promo code offers to stand out.

Barstool Sportsbook Ohio

Barstool Sportsbook was at the vanguard when Ohio’s online sports betting market began on New Year’s Day in 2023. It operates on the Hollywood Casino Columbus master license, offering online sports betting across the Buckeye State.

Barstool Sportsbook Pennsylvania

The company chose to launch Barstool Sportsbook in Pennsylvania on September 18, 2020. It also offers four retail sportsbooks at Penn Entertainment properties across the state, along with an online casino. You can bet on everything from MLB futures to live dealer blackjack games via the Barstool app or website in the Keystone State.

Barstool Sportsbook Tennessee

Barstool became the eighth legal online sportsbook in Tennessee when it launched in September 2021. The Volunteer State does not have any land-based casinos, so it awarded Barstool Sportsbook an online-only license.

Barstool Sportsbook Virginia

Barstool became the eighth online sportsbook to launch in Virginia when it went live in August 2021. The company received a license directly from the Virginia Lottery, with no need to tie up a market access deal with any land-based operators.

Barstool Sportsbook West Virginia

West Virginia is the fourth state in which Barstool offers online sports betting and online casino gaming. Barstool Sportsbook went live in November 2021 on the master license of Hollywood Casino at Charles Town Races. It offers one of the best college football betting apps in the business, which has proved popular among NCAAF fans in the Mountain State.

Barstool Sportsbook Banking Options 

Barstool Sportsbook relaunched with a simplified online cashier in July 2023, making the banking process even quicker and smoother. There are still lots of convenient, free deposit and withdrawal methods on offer, and the limits are suitable for all budgets.

Deposit Methods

There are plenty of instant deposit methods on offer at Barstool Sportsbook. Debit cards are available in all states, and you can use credit cards in any state apart from Iowa, Massachusetts and Tennessee. There are several alternative methods, too. The minimum deposit is $10, and high-rollers can arrange large payments via wire transfers. These are the methods on offer:

  • Visa
  • MasterCard
  • Discover
  • Apple Pay
  • PayPal
  • Play+
  • Online Banking
  • ACH/E-Check
  • Bank Wire
  • PayNearMe
  • Cash at a Retail Sportsbook

Withdrawal Methods

Withdrawals are normally processed instantly at Barstool Sportsbook. You will receive your funds straight away via Play+ or PayPal. Instant payouts will also be available if you visit a retail sportsbook. The minimum withdrawal is normally $10. These are the methods on offer:

  • PayPal
  • Play+
  • Online Banking
  • ACH/E-Check
  • Bank Wire
  • Paper Check in the Mail
  • Cash at a Retail Sportsbook

Barstool Sportsbook Customer Support

Barstool Sportsbook offers high-quality customer service on a 24/7 basis. You can request a call back, use live chat or send an email. We would recommend live chat. We tested it out, and a representative answered our request immediately. He provided very quick, accurate answers to a series of follow-up questions, displaying knowledge and experience, and he was helpful and friendly throughout. There is also a large FAQ section, along with a Twitter handle (@BarstoolSBHelp).

  • Request a Call Back
  • Live Chat
  • Email
  • Twitter

Sign-up With the Barstool Sportsbook Promo

You can claim two exciting sign-up bonuses if you register with Barstool Sportsbook today. It will award you a Bet $5, Get $50 bonus, which comes with an appealing 1x rollover requirement. You will also get a 100% deposit match cashback offer worth up to $1,000. To claim these offers, simply follow the “Bet Now” link provided, create an account and make a minimum deposit of $10 today.

Barstool Sportsbook Promo Code FAQs

New customers can claim two separate Barstool sportsbook promo codes. First, you will receive a Bet $5, Get $50 bonus, which earns you two $25 bonus bets in return for placing a qualifying wager. The other Barstool Sportsbook bonus will match your initial deposit amount with "Eligible Cashback," up to a limit of $1,000, and you can convert it into withdrawable cash by placing bets.
Barstool Sportsbook offers a range of exciting promos for new and existing customers. The main Barstool Sportsbook bonus code will earn you a Bet $5, Get $50 sign-up offer. Your first deposit will also be matched 100% with “Eligible Cashback” of up to $1,000, which has a 20x release requirement before converting to cash.
The Barstool Sportsbook promo code for new players is a Bet $5, Get $50 offer. Just place a $5 qualifying bet to earn $50 in Barstool Sportsbook bonus cash, divided into two $25 bonus bets, with a 1x rollover requirement. A separate Barstool Sportsbook promo will earn you 5% cashback up to $1,000 in your first 30 days.
Barstool Sportsbook is legit. Industry giant Penn Entertainment, formerly known as Penn National Gaming, owns this legal online sports betting brand. You can place wagers via the Barstool sportsbook mobile app or the Barstool Sportsbook legal betting site in more than 15 states, and you will receive some great Barstool Sportsbook promotions, too.
Barstool Sportsbook is available in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia. It also offers an online casino in Michigan, New Jersey, Pennsylvania and West Virginia, along with land-based sportsbooks in various states.
The minimum deposit is $10 at the Barstool Sportsbook app or the website. You can deposit via a range of methods, including Visa, MasterCard, ACH/e-check, online banking, PayPal, Apple Pay, Play+ or a wire transfer. The Barstool Sportsbook bonus code will match your first deposit with “Eligible Cashback,” which can be unlocked by placing sports bets.

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Martin Green  for USAToday.com
Martin Green Gambling.com 54 Articles written
Martin Green spent five years working at William Hill before becoming a journalist in 2009. He began working as a sports writer and professional tipster in 2014.