Abstract: A bow stabilizer is provided for mounting to a bow and balancing and dampening the vibrations during shooting. The stabilizer assembly includes a shaft threaded to the bow handle and extending in the forward direction therefrom. A weight member is axially and radially mounted to the shaft by an offsetting bracket which is slidable and rotatable about the shaft to provide variable positioning of the weight about the shaft and to provide proper distancing from the bow handle. In the preferred embodiment the weight is a hollow tubular housing for storing tools, extra arrowheads and the like which are commonly carried into the field. Additional embodiments of the invention provide additional pivotal joints to adjust the shaft horizontally and vertically with respect to the bow and pivotally adjust the weight with respect to the shaft.