State of Play in Ohio
Sports Betting in Ohio
The Ohio sports betting industry goes live on Jan. 1, 2023. Both online and in-person sportsbooks can offer legal sports wagering in the Buckeye State.
Expect all of the top brands in the industry to set up shop in Ohio, which projects to become one of the biggest sports betting markets in the Midwest.
Daily fantasy sports sites are also legal in Ohio; while online casinos and poker sites aren’t legal yet.
- How old do bettors have to be to bet online in Ohio? Ohio has set the minimum age to bet on sports at 21.
- Can I bet on college sports in Ohio? The cash generated by wagering on sports events involving collegiate teams is significant. Despite this, a few states continue to prohibit wagering on collegiate sports. Bettors in Ohio will soon have the ability to stake money on college teams, including those representing institutions in the state as well as those representing schools from other parts of the country. There are just a few states that do not prohibit sports bettors from participating in college athletics.
- Can I bet on esports at Ohio's sportsbook apps? No, not yet. However, there is some good news for bettors looking to enjoy wagering on esports. Betting on esports is against the law in Ohio. However, the activity is part of an upcoming bill, HB29, and should be legalized soon.
- How do I get paid when I win at Ohio's legal betting sites? Several payment methods will be available in the state when sportsbooks finally launch. These will be both for deposits and withdrawals. All the popular methods, such as credit and debit cards, PayPal, Play+, and more, will be offered. In addition, seasoned users can expect wire transfers for more significant deposits and cashouts.
- Who can get a license to run an online gambling app in Ohio? The statute in Ohio that regulates sports betting permits the issuing of 25 Type-A licenses. These licenses may be held by casinos, professional sports teams, and other venues in Ohio. Each of the licensees will get two online skins. In addition, Ohio will make 40 Type-B licenses available. These are solely for land-based retail sportsbooks and cannot be used by any other establishment.
Ohio Sports Betting
Ohio sports betting will launch on January 1, 2023. Ohio made sports betting on December 22, 2021, when Governor Mike DeWine gave his signature to the Ohio sports betting bill that created the legal framework for retail and internet wagering. Dozens of online sportsbooks may become available in Ohio in 2023, with as many as 24 betting applications expected to open on day one.
The operators of the top sportsbooks in the U.S., including FanDuel, DraftKings, BetMGM, and BetRivers, are preparing themselves for what could be the most critical launch of a legally sanctioned sports betting market this year. So stay tuned and keep updated with the most recent information on sports betting in Ohio.
Ohio sports betting law allows for statewide online betting on mobile sports betting apps. Ohio sports bettors will also find retail sportsbooks at casinos and sports venues across the state, as well as sports betting kiosks at bars, restaurants, and other small businesses.
Ohio Sports Betting Summary
Legal Online Gambling Options in Ohio
Ohio has had a pro-gambling stance over the last few years. The result is that most kinds of gambling are legal.
This includes betting on Poker and playing at online casinos, both of which are legal. Lastly, horse racing and betting on DFS are also permitted in the state.
Ohio Sports Betting Tax Rate
Winnings from wagering are subject to taxation at Ohio’s federal and state levels. The earnings from sports wagers should not be treated any differently.
When bettors supply their Social Security number, bettors may anticipate a withholding tax equal to 25% of any wins. On the other hand, should bettors choose not to supply this information, the total cost may increase by up to 28%. In addition, a state tax of 4% will be deducted from their total earnings.
Ohio Online Sports Betting Licenses
The law regarding sports betting in Ohio calls for the issuance of 25 Type-A licenses, which may be held by casinos, professional sports teams, and venues. These licensees will each get two online skins. In addition, the state of Ohio will be offering 40 Type-B licenses. These licenses are reserved only for use by land-based retail sportsbooks.
There is a good chance that all 21 Type-A and Type-B licenses will be taken up by Ohio’s eight professional sports teams, its two major sporting events (the PGA and the NASCAR), and its eleven casinos and racinos. After this, four Type-A and 19 Type-B licenses will be available. In addition, self-service or clerk-operated kiosks placed in bars and restaurants that have valid liquor licenses are eligible to apply for Type-C licenses.
Ohio College Sports Betting Policy
Sports betting in Ohio regarding college teams is an important sector in terms of revenue. Nevertheless, many states continue to outlaw college betting.
Bettors in Ohio will soon have the opportunity to wager on collegiate teams, both in-state schools and from the rest of the U.S. Several other states allow sports bettors to participate in collegiate sports. Still, they restrict it to teams from other states.
Ohio Sports Betting Legalization Date
The betting legalization in Ohio was officially enacted on December 22, 2021. This was the day Governor Mike DeWine signed the bill that created the legal framework for retail and internet sports betting.
Dozens of online sportsbooks may become available to residents of Ohio in the year 2023. There may also be as many as 24 betting applications scheduled to open on day one.
Ohio Gaming Regulation Agency
Retail casinos in Ohio have been present for a long time now. These casinos are regulated, monitored, and audited by the Ohio Casino Control Commission.
After House Bill 29, the Ohio Casino Control Commission, which governs the casinos already operating in the state, was given additional tasks. It will also be in charge of regulating sports betting.
Potential Online Sports Betting Apps
- Bally Bet
- Caesars Sportsbook
- DraftKings Sportsbook
- Hard Rock
Retail Sports Betting Locations
- FirstEnergy Stadium
- Hollywood Casino Columbus
- Hollywood Casino Dayton
- JACK Cleveland Casino
- MGM Northfield Park
- Muirfield Village Golf Club
- Hall Of Fame Village
- Rocket Mortgage FieldHouse
- Nationwide Arena
- Belterra Park
- Rocket Mortgage
- Hard Rock Casino Cincinnati
Welcome Bonuses At Ohio Sports Betting Sites
Bettors must deposit before they may engage in risk-free bets that use their cash to place real-money wagers. If the wager is unsuccessful, they will get a refund of up to a certain maximum amount in the form of free bets or site credits.
Those that placed bets and came out on top do not accumulate any rewards from such a deal. However, as sportsbooks provide more information about the services and bonuses they plan on rolling out in Ohio, users will know for sure if anyone is offering a risk-free bet bonus in the state or not.
Deposit Match Bonus
A bonus equal to a certain percentage of the initial deposit that a bettor makes will be made available by the sportsbook to that bettor. Because the bonus may be converted into actual cash, a wagering requirement is associated with it.
As a result, the bonus is considered higher quality when there is a reduced need to roll over the bonus amount. But, again, bettors will need to wait and get closer to the launch of the New Year to know if any operator provides a deposit-match bonus.
Free Bet Bonuses
Free bet bonuses are widespread in online sports betting. A free bet wager match is when a bettor is rewarded with additional free bets of a predetermined value after putting in their first wager.
This kind of reward is given to users after they have placed their initial wager. Then, when deciding whether or not to provide the player with the free bet, the result of the wager is disregarded, with the bonus provided regardless of the outcome of the initial bet.
Even though the first day of online legal sports betting in Ohio won’t come until January 1, 2023, enthusiastic sportsbooks will present alluring pre-launch sports betting welcome offers in Buckeye State. The following is the top pre-launch sports betting bonus, which one can take advantage of to get a head start in preparation for the new year:
Hard Rock Sportsbook offers a bonus bet of up to $500 to sports bettors in Ohio patiently awaiting the debut of legal sports betting. Bettors who download the Hard Rock Sportsbook app and create an account are eligible to lock in the bonus bet money.
If bettors sign up for the service before September 1, 2022, they will get a bonus bet of $500. Remember that to receive the bonus, bettors must make a wager of $100 or more during the first two weeks after the platform’s official debut.
How To Place Wagers At Ohio Online Sports Betting Sites
How To Get Ohio Sports Betting Apps For iOS
Apple does not restrict the betting or gambling apps that third-party developers offer on its platform. Because they are all stored inside the App Store, it is not challenging to locate the software that the leading suppliers of betting services provide.
Users won’t have to go through more than a few hoops to get rapid access. They will, however, have to wait for the sportsbooks to launch in Ohio officially.
How To Get Ohio Sports Betting Apps For Android
Getting the aforementioned Android programs from the Google Play Store might be a complicated process. However, customers inside the state ought to be able to access a wide variety of betting applications in ways other than the Google Play Store. That is, of course, when the sportsbooks launch in Ohio.
They cannot do so from Google Play Store, however, since Google has a firm policy that prohibits the inclusion of programs that allow users to wager. As a result, android operating system users are forced to go through the inconvenience of looking for an app on the sportsbook website.
The fact that mobile betting apps are entirely free to use means that Ohio online sportsbooks do not charge bettors any fees to download and install them on their smartphones.
How To Wager At Legal Online Sports Betting Sites On Browsers
Bets may also be placed by players using their own devices, such as laptops, by logging into their accounts using the desktop browser on their computers. Bettors should go to the sportsbook website after registering an account with the sportsbook.
After opening the platform’s website, the next step is to log in to their accounts and make a deposit. Next, bettors should determine if the website accepts the method of payment that they wish to use, such as PayPal, Neteller, Play+, prepaid cards, ACH, credit cards, or debit cards. If the website does not allow payment methods, bettors should look elsewhere.
Bettors must claim a new-customer bonus when registering for the service if they want to collect the reward. It would not be very encouraging if users selected a mobile sportsbook because of its fantastic bonus but failed to complete the essential steps to ensure they would get the reward. For example, there may be a promo code that players have to input.
Bettors need to be able to make wagers using their desktop computers. This would provide them access to all the betting options and research tools offered by the most prominent betting websites, including information that is updated in real-time from games currently being played. Consequently, there is no need to wait in a long line. Instead, the wager may be initiated with as little as one or two clicks of the mouse.
It is crucial to remember that mobile sportsbooks utilize geolocation technology; thus, bettors cannot use these sportsbooks if they aren’t in Ohio. However, registration is open to anybody, regardless of where they live physically. Therefore, bettors can use the mobile betting website and start the procedure as soon as they reach Ohio’s borders.
Online Sports Betting Banking Options
The critical contrast between the standard bank and prepaid cards is that the latter is not linked to a particular checking or savings account. As a result, prepaid cards are pretty similar to traditional bank cards.
Bettors could consider purchasing a prepaid card that is already loaded with cash. Bettors can also top off their cards with additional funds using another payment method or bank card.
In most cases, if a player is granted permission to make a deposit using a prepaid card, they can withdraw using the same method. The typical functioning of bank cards do not at all resemble this scenario. Many sportsbooks have prepaid cards; if bettors use them, the sportsbook could give them additional loyalty points.
The online payment processing business known as PayPal is well-known across Ohio and neighboring locations. As a result, most websites offering Ohio online sports betting will include it in the list of payment options they accept.
Using eChecks, users can conduct secure electronic money transactions directly from their bank accounts. This method is just as simple to use as internet banking, and most online betting sites allow it. In addition, it offers fast processing of transactions, which users appreciate.
Bank Transfer/Online Banking
A sizable fraction of the online sportsbooks available today will acknowledge deposits made via bank transfers, and so will Ohio sportsbooks in the future. This method sends money directly from the player’s bank account to the sportsbook’s account. Most online gamers use bank transfers whenever they make deposits or withdrawals.
Not only are transfers between banks and sportsbooks conducted online straightforward, but they are also reliable. In addition, they offer a reasonable payment service and encourage customers to make quick deposits. However, although utilizing a bank transfer makes it possible to make instant contributions, withdrawing funds might take some time.
In sports betting, using credit and debit cards as payment methods is the most popular method. MasterCard and Visa are two of the most common payment methods. In addition, there may be other sportsbooks that will accept American Express and Discover cards.
The use of credit and debit cards for financial transactions is reliable, practical, and risk-free. They have been in existence for a very long time, and it is challenging to find an argument against the convenience they give.
Furthermore, they do not include the involvement of any individuals or organizations from the outside. Even while some betting establishments limit the ability to use debit and credit cards to make payments, most major sportsbooks still accept these forms of payment.
Skrill is another well-known electronic wallet that can be used as an alternative to traditional payment methods. Skrill is an alternative form of deposit that provides an additional level of safety. However, it is not the most accessible choice for users in the U.S. Despite this, Skrill is an option that users may take advantage of. Lastly, Neteller is also swift, efficient, and safe. This is why it is also a prevalent choice.
Other Payment Options
Wire transfers are also a solid payment option. However, in most instances, only high rollers can employ wire transfers.
The higher minimums, limits, and expenses associated with using this payment method mean that it is not helpful for the average sports betting website user. Nevertheless, for seasoned and professional bettors, it is better than any other option.
Sports Teams Based In Ohio
There are a significant number of professional sports teams as well as collegiate teams that call the state of Ohio their home. However, here are some teams that ought to get the most significant support from sports bettors due to the imminent introduction of online sports wagering.
In Super Bowl LVI, the Cincinnati Bengals and the Los Angeles Rams played an excellent game that rewarded longtime supporters of the Bengals with a thrilling contest. Although they were not victorious and did not take home the trophy, it is unmistakable that this squad has some real skill across the board.
The Bengals will remain competitive for years since they have many young offensive components. Examples include quarterback Joe Burrow, wide receiver Ja’Marr Chase, and running back Joe Mixon.
Fans of the Cleveland Browns have been patiently waiting for their team to become competitive for several years, and now they are looking toward the future. Head coach Kevin Stefanski has assembled a formidable team that has relied heavily on running back Nick Chubb and defensive end Myles Garrett.
The current Cleveland Browns roster is designed to put together some significant victories. However, the fact remains that they compete in the AFC North, which is one of the most challenging divisions in the league.
Ohio State Buckeyes
The Ohio State Buckeyes are, without a doubt, one of the best programs in college sports. They have shown the capacity to dominate in various sports, including college football and basketball.
The last time the Buckeyes won a college football title was in 2014, and they are now in an excellent position to continue their winning streak. As a result, the Ohio State Buckeyes could be expected to create a lot of commotion in Division I football.
The Cincinnati Reds are hoping to win the World Series for the first time in many decades as they compete at Great American Ball Park. The team has won five championships throughout its existence, attesting to the consistent level of success it has had.
David Bell, the manager of the Cincinnati Reds, has his sights set on leading his team to not just a long playoff run but also a championship in the not-too-distant future. With the talent at hand, that certainly seems possible.
The Cleveland Cavaliers still have optimism for the future, although the heyday of LeBron James has been gone for quite some time. Nevertheless, the squad hopes to establish a contender with the help of promising young players such as center Evan Mobley and point guard Darius Garland.
The Cleveland Cavaliers are hoping to make a long run in the Eastern Conference with the help of their supporters. The fans regularly come out to cheer on the team at Rocket Mortgage FieldHouse.
After undergoing a name change for the 2022 season, the Cleveland Guardians have set their sights on qualifying for the World Series. The last time Cleveland competed in the World Series was in 2016 when the club came up short against the Chicago Cubs.
The club has not won a championship since 1948, but they have quality on their squad, such as third baseman Jose Ramirez. In addition, hundreds upon thousands of devoted Guardians supporters attend each game at Progressive Field.
Columbus Blue Jackets
Professional hockey fans flock to Nationwide Arena in Columbus to see the Columbus Blue Jackets. However, professional hockey may not be the most popular sport in Ohio.
The club competes in the challenging Metropolitan Division, including the New York Rangers and the Carolina Hurricanes. However, it is still striving to make it into the playoffs with the ultimate objective of winning the Stanley Cup for the first time as a franchise.
What Proof Is There That Ohio Sports Betting Is Fair?
Who regulates legal online sportsbooks in Ohio?
There have been retail casinos operating in Ohio for some time now. The Ohio Casino Control Commission is in charge of regulating and monitoring these casinos regularly.
The Ohio Casino Control Commission was granted new responsibilities after the enactment of House Bill 29. This commission already has the burden of regulating casinos operating inside the state. Additionally, it will regulate all the legal sportsbooks in Ohio.
Why should I trust legal online sportsbooks?
The websites that provide legal online betting will be at their most secure when run by organizations with a solid reputation for being fair and lawful. It is common practice to see it as a favorable sign of a company’s integrity if its sportsbook is owned and operated by a licensed and legal brand in the state.
In addition, the sportsbooks provide players with a wide variety of high-quality payment alternatives, both in terms of the number of options available and the possibilities open. This helps to keep expenses to a minimum while ensuring that payments are completed promptly.
A sportsbook that operates ethically and places a high priority on the well-being and protection of its clients will make resources for those who are battling an addiction to gambling accessible. When bettors visit the sportsbook’s website, they will often see these displayed on the main page.
How do I get paid if I win?
- Prepaid Cards
- Cash At Casino Cage
- ACH and e-checks
- Check By Mail
- Wire Transfers