Barstool Sportsbook Launches in Indiana
It is official, now a fourth state has launched the highly popular Barstool Sportsbook. Indiana is the newest location for the sportsbook, which is just in time for the NBA Playoffs and for many other great betting opportunities to arrive soon. And what a time for the Indiana Pacers to have a crack at the playoffs after defeating the Charlotte Hornets on Tuesday.
The new addition to the betting market for Indiana also allows another mobile betting option for bettors that enjoy mobile betting on the go or at home. Currently, there are now 12 mobile betting apps for the state and will arguably be among the top for sports fans.
Hungry Betting Market
Indiana has been a pro-gambling state for quite some time now. This includes various riverboat gambling throughout the state and horse racing for a few locations.
Sports betting has only recently been passed in late 2019, so there has not been as much activity as compared to other major betting states. However, residents of Indiana could still place bets with offshore online sportsbooks before the law was passed, so many will adjust accordingly.
Indiana has shown growth in just last year alone, with six new betting platforms arriving on the scene. For this year, a handful has made the move to launching, and several more are on the way by the end of the year.
Barstool has an agreement with the Hollywood Casino of Lawrenceburg to get the job done. Bettors will be able to attend in person here, or they can use their mobile device to place bets online.
Watch the Latest USA Wager Show Industry News
Competition and Timing
Barstool now joins the likes of top competitors in the state, such as other fan favorites like FanDuel, DraftKings, and BetMGM. Those names alone make up a majority of the betting market, so there is some work to do here to make it to the top.
The new addition to the betting family for the Hoosier State comes just in time for the NBA Playoffs, the Indy 500, and various other sporting events to try bets on. In addition, first-time users will receive some benefits for signing up.
At the moment, Barstool is offering up special promotions for first-time users. These are a combination of parlay insurance and other risk-free bets.
Before signing up, be sure to check the terms and conditions when you make a deposit. These could potentially run out soon or expire within a certain time frame.
Unique to the Field
Barstool makes a very competitive approach to the betting market as soon as they step foot into new territory. Indeed, they have a target on their back from the top competition because of a few factors.
For one, they are a fully integrated sports media company that provides a different outlet for fans of sports and sporting news. Their history of reporting sports news has been in competition with the likes of ESPN and other major networks.
In addition, they are also a popular entertainment group with videos and blog updates. They provide fans with fun and engaging content that brings them back for more.