Barstool Sportsbook Promo Code ACTNEWS1000 Unlocks Up to $1,000 in Value

Barstool Sportbook promo codeACTNEWS1000 unlocks a $1,000 sign-up bonus for new users.

It comes in the form of a $1,000 risk-free bet, also called a new player bonus by Barstool.

Here's how it works.

How do the Barstool promo code and free bets work?

We've already detailed the different lingo sportsbooks use for promos. Take a look at that first.

Here's how the first bet will work at Barstool.

• 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 say you bet $100 on SMU moneyline on Wednesday night against UCF — yes, there's college football on Wednesday night. The Mustangs are priced around +120.

Here's how our Doug Ziefel is betting the game:

Both offenses have the edge here, but the Mustangs have a bit more to their attack.

QB Tanner Mordecai has led a very vertical passing attack that will create explosive plays. However, they’ll also be able to run the ball in this matchup and should exploit it with a higher rush rate.

Yes, the Knights’ ground game is going to find success, but it works against them because SMU plays fast and doesn’t need much time to score. So, using the rush to play keep-away won’t help.

Find the best number you can, and back the Mustangs here on Wednesday night football.

• If SMU wins: You keep the original $100, and profit $120.
• If SMU loses: You get $100 back in free bets (called bonus cash by Barstool).

Let's say Tottenham loses.

You then decide to spend the $100 in bonus cash on Taylor Montgomery at +330 to finish top 10 in the Shriners Children's Open in the PGA TOUR's fall swing this weekend.

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.

From our golf analyst, Jason Sobel:

If you haven’t been paying attention during the season’s first few events, then you might not have realized we’ve officially reached Taylor Montgomery Chalk Week, but here we are.

Just as the home-state narrative surrounded Davis Riley in Mississippi last week — and he responded with a relatively solid top-20 finish — Vegas’ own Montgomery should draw a ton of public support, especially after finishes of solo third and T-9 to start his rookie campaign in cities that aren’t Vegas, all of which came on the heels of a 2nd-3rd-4th-9th close to the last Korn Ferry season.

I won’t go completely all-in on Montgomery this week, but for a guy who seemingly finishes in the top 10 every week these days, playing him for yet another top-10 finish in his hometown only makes sense.

• If Montgomery finishes top 10: You'll get $330 ($100 x 3.3), and keep the $100 in bonus cash. That's unique to Barstool; most books don't give you the bonus cash.
• If Montgomery doesn't finish top 10: You end up with nothing.

You must use your bonus cash within 30 days, or it will go away. 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). So a -125 bet is OK, but -250 isn't.

How to Sign Up

Signing up for most legal sportsbooks is pretty simple and can be done in just a few minutes. Here's how it works at Barstool.

1. Follow this link
2. Put in your name, address, last four of SSN, etc.
3. Enter 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.