Coming through the Czech professional hockey ranks Balaštík was drafted as an overage player in the 6th round, 184th overall in the 2002 NHL Entry Draft. After playing eight seasons (1997–2005) with HC Zlín in the Czech Extraliga, and part of one season (2002–03) with HPK in the Finnish SM-liiga; Balaštík started 2005 season with the Syracuse Crunch, the Blue Jackets\' American Hockey League affiliate. He was quickly promoted to the big club, where he became somewhat of a shootout-specialist, going 6-for-9 for the season.\n', '

In his second season with the Blue Jackets and limited opportunity, on December 13, 2006, Balaštík was released and contracted by the Swedish Jönköping-based club HV71 in the Swedish elite league Elitserien. In HV71, Balaštík played with his fellow countryman Jan Hrdina, with whom he has played previously in Columbus Blue Jackets in NHL.\n', '

From 2007–08 he rejoined HC Zlin in the Czech Republic and played 5 of the past 6 seasons with the team, defecting to BK Mlada Boleslav for a single season in 2011–12. He closed out his career after three more seasons with the club, before moving to HC Bílí Tygři Liberec.\n', '

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