Matched Betting
What is the "Matched Betting Value" listed above? This is the amount of risk free profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that guarantees profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.
Available Locations
Overview
Barstool is one of the most popular sportsbooks in the US, located in 16 states. They have one of the best VIP programs available and are a must-have sportsbook for all matched bettors. In addition to the VIP program they regularly offer promotions to all of their customers.
Where is Barstool sportsbook legal? It is available in the following 16 states: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia.
Barstool is one of the few sportsbooks that primarily uses Site Credit instead of Free Bets. This greatly increases the value of all their promotions since Site Credit can be converted closer to 100% compared to a Free Bet at 70%.
Barstool switched from Kambi to The Score as their odds provider on July 11th. If you were previously limited on Barstool, you may not be limited anymore due to the change.
Notes Before Signing Up
Barstool's sign-up offer is a $1,000 Risk Free Bet that on parts of their website, they say is refunded as a Free Bet. Based on experience it is refunded as Site Credit, which they call Sportsbook Bonus Cash. If you have a very large bankroll and can deposit $10,000 or more reach out to their customer service email, not live chat, and ask if any offers are available for a large deposit. This often results in being fast-tracked to the VIP program.
Unique Terminology
Barstool occasionally has poorly worded promotions and mentions that they are refunded as a Free Bet. However, based on previous experience they only use Site Credit, which they call Sportsbook Bonus Cash.
Signup Offers
$1,000 Deposit Match
- States:
- Deposit Required:
$1,000
- Promotional Amount:
$1,000
- Type:
Deposit Match
- Matched Bet Finder:
Site Credit
- Minimum Hedge:
$1,000
- Matched Betting Value:
- Notes:
Site Credit is released at a 5% rate. This results in a $20,000 playthrough requirement. Using Barstool as a hedge will allow completing the playthrough requirement much easier. Minimum odds -200.
Bet and Get
- States:
- Deposit Required:
$10
- Promotional Amount:
$100
- Type:
Bet and Get
- Matched Bet Finder:
Qualifying Bet
- Minimum Hedge:
$1
- Matched Betting Value:
- Notes:
Make any bet and get $100 in Site Credit
Repeating The Sign-up Offers
Sign-up offers are some of the most profitable promotions available in matched betting. Some sportsbooks will allow you to repeat them in each state increasing your profits. You can learn more about repeating the sign-up offers in multiple states in our guide.
VIP/Rewards Program
Barstool has a great VIP program, which they call MVP. They expect that you deposit a minimum of $10,000 a month to maintain MVP status. Oftentimes emailing Barstool's customer support (not live chat) and asking what they can do for a $10,000 deposit will result in a deposit match and an instant jump to MVP status. If this does not work making the required deposits will get you into the MVP program but it may take a little longer. Once you are in the MVP program your VIP rep will be able to provide deposit matches which helps you maintain MVP status due to the deposit requirements. Additionally, you will get targeted VIP offers most weeks which can be worth a few hundred dollars of profit or more.
