Rethinking Barstool?

8slim

has trust issues
SoSH Member
Nov 6, 2001
24,692
Unreal America
I believe that Barstool separating from Penn will prove to be a win for both sides. I also love to imagine a fake scenario where Big Cat has to go in front of a Federal judge and explain that the "Cant Lose Parlay" actually can lose sometimes.
It already is for Penn. I was told that the Bartsool brand, and Portnoy specifically, was a huge albatross with the regulatory and licensing folk. Penn is already doing much better business with their new branding and substantially larger digital footprint.
 

gtg807y

Member
SoSH Member
Dec 31, 2006
3,156
Atlanta, GA
Who were the old owners?
Used to listen to her Token CEO podcast and can remember an episode where she talked about getting hired by BS and as part of the interview process she had dinner with Portnoy, Big Cat and KFC. Figured they were party guys so she ordered a glass of wine with the dinner and then watched the other three just order waters because they were about business.
That may be true, but it also sounds like a story one would tell publicly to suck up to their boss, and Portnoy loves a good sycophant.
 

Xander Betts Jr.

New Member
Oct 17, 2018
27

Trapaholic

Member
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Jan 11, 2023
150
Not sure if this is tongue-in-cheek, but this situation actually occurred and it was as ridiculous as you'd imagine.
https://www.masslive.com/news/2023/06/mass-gaming-regulators-examining-cant-lose-parlays.html
Ha! No, I had not seen that before, but that is a great article. Thank you for posting that link!

I have followed Barstool and the gambling content for years now, but I never got in the weeds of all the regulations and legal language.

Very funny considering that if you had told me 10 years ago that sports betting would be legal in this state, I would not have believed it. Seeing that Barstool has its roots in Boston, and they had been going heavy into the gambling content for years, I figured that it would be a match made in heaven. The Sports Advisors with Stu Feiner is a must watch for me during football season.
 

sodenj5

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Lifetime Member
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Jul 14, 2005
6,587
CT
Wasn’t part of the agreement of Penn selling Barstool back to Portnoy exclusive of exactly this?

I could be misremembering. Maybe they aren’t operating the sports book and just advertising for DraftKings.
 

findguapo

Member
SoSH Member
Apr 7, 2006
979
Wasn’t part of the agreement of Penn selling Barstool back to Portnoy exclusive of exactly this?

I could be misremembering. Maybe they aren’t operating the sports book and just advertising for DraftKings.
Portnoy bought Barstool back from Penn in early August, so safe to assume there was a 6 month non-compete.
 

Rusty13

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Nov 3, 2007
5,337
Can someone tell me what the stakes were behind this 41 free throws in a row stream they have been doing? Looks like they finally ended it.
 

TheGazelle

Member
SoSH Member
Dec 17, 2009
1,191
Can someone tell me what the stakes were behind this 41 free throws in a row stream they have been doing? Looks like they finally ended it.
If it's like any of the other silly streams they do (I know they had a guy spend 3 days trying to get a hole in one on a golf simulator), there probably were none. Googling quickly, it looks like the Heat as a team hit 40 FTs in row earlier in January (link below). My guess is someone at BS decided to see if they could beat that. From listening to Pardon My Take, when the built the Chicago office they added a bunch of stuff - a basketball court and golf simulator as two easy examples - with the idea of generating this sort of content.

https://www.npr.org/2023/01/11/1148357462/miami-heat-free-throw-nba-record-40#:~:text=Butler made the shot, giving,for-40 from the line.
 

NickEsasky

Please Hammer, Don't Hurt 'Em
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SoSH Member
Jul 24, 2001
9,124
The stakes were just that they couldn't leave unless they completed it. It was also a tie-in to the partnership with DraftKings where it was a free-to-play game where you could win a share of $100,000. It's all just to create content and get eyeballs for sponsors.