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Ohio Sports Betting πŸŽ–οΈ 2022

There is real progress in Ohio online gambling landscape. The state has already started receiving applications from gambling operators. The Ohio lawmakers have announced that Ohio sports betting launches on January 1st , 2023. BetMGM, PointsBet, DraftKings, BetJack, and several others have already applied for an online sports betting license in Ohio.

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⭐ Legal Sports Betting in Ohio 2022

OH Sports Betting

Sports betting news: Ohio Governor Mike DeWine signs sports betting bill HB29, which would set the Ohio gambling tax rate at 10%. Bright days await the Ohio sports bettor.

Ohio sports betting market has been a major point of contention for Ohio lawmakers over the last three years. Finally, on December 8, 2021, both houses agreed on sports betting and passed their respective bills. Right before Christmas, Gov. Mike DeWine signed the bills into a law and soon online betting in the Buckeye State can begin!

As per the latest update from Casino Contol Commission, sports betting licenses will be available for grabs sooner than later. However, as per the bill passed there is 1 January 2023 requirement to go live. So let’s hope that the state will put mobile sportsbooks in place before that as it starts to regulate the sports betting industry.

Latest Ohio Sports Betting News

The amended House Bill 29 (Ohio sports betting bill HB 29) passed the legislative test last year. It was on December 8, 2021, that the House Bill 29 was passed. It legalized sports gaming in Ohio. The bill, which took effect March 23, 2022, allows sports gaming through licensed operators of online sportsbooks and land-based properties (retail sportsbooks).

After the law was passed, the Ohio Casino Control Commission has been working on on rules and regulations for the betting industry. The draft applications were also avaiable for public comments.

Ohio Sports Betting Update

Ohio sports betting news

Ohio sports betting launch has a clear roadmap leading to the universal launch date of January 1st, 2023.

  • On June 1st, The launch date for Ohio sports betting was announced as January 1st, 2023. More than 3,000 applications for retail and online sports betting licenses are expected.
  • The OH Casino Control Commission accepted wagering license applications beginning June 15 through July 15. There is a second window for applicants in July-August.
  • BetMGM Sportsbook, PointsBet Sportsbook, DraftKings (Crown Ohio Gaming), JACK Cleveland Casino (BetJACK), and Penn Sports Interactive (Barstool) applied for Mobile Management Services Provider in late June 2022.
  • JACK Cleveland Casino has also applied as a Type A sports gaming proprietor and Type B proprietor. There is no update on its two skins for the mobile management service provider.
  • Sportsbook operators are already teaming up with sports teams. For example, the Cleveland Browns signed a deal with Bally Bet to be an official sports betting partner of the pro football team. Fubo Gaming is partnering with the Cleveland Cavaliers.

Which Brands Are Going to Launch in Ohio?

Ohio Sportsbook Launches Ohio online sports betting will be live on January 1, 2023, the universal launch date. The first…

BetMGM Ohio Bonus Code ・

August 11, 2022

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Will Ohio Allow Betting on College Sports?

College Sports Betting in Ohio Ohio Casino Control Commission is hard at work ironing out the Ohio sports betting legislation…

BetMGM Ohio Bonus Code ・

July 22, 2022

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Rules and Regulations

  • Number of Licenses: Ohio will have up to 25 licenses, which can be issued to Ohio professional sports teams, leagues, casinos and racinos (horse racing opeators). Each is guaranteed one skin (one Ohio sports betting app), but can apply for another if they can prove it will benefit the state financially. There is a total possibility of 40+ sportsbooks in Ohio. However, it is common that all skins are not utilized when a state launches mobile gambling operations. So the number of Ohio sports betting apps may grow in future.
  • Tax Rate: 10% tax rate will be applied to all betting, and operators are not allowed to have negative revenue for tax purposes.
  • Betting Limitations: Esports betting will be allowed, but fixed odds horse betting will not. Betting on in-state Ohio college teams is alright as well. Not all states allow bets on collegiate sports.
  • Official League Data: A point of contention in other states, Ohio lawmakers decided that online sportsbooks will not have to use official league data to settle live bets.

Ohio betting license applications

⭐ Ohio Sportsbooks

You can soon expect a number of online sportsbook apps in the state. Ohio Sportsbooks are getting their license as sites like BetMGM, BetJACK, BetFanatics, PointsBet, DraftKings, and others have applied for a license in the first window of opportunity. You can expect the following legal online sportsbooks in the OH online gambling landscape with many of them launching on 1 Janury 2023, the universal launch date.

  • DraftKings Sportsbook Ohio: Already in Ohio as a DFS operator.
  • FanDuel Sportsbook: Another OH Daily Fantasy Sports Operator.
  • BetMGM Sportsbook Ohio: King of sportsbooks has the MGM Northfield Park land based facility in Ohio.
  • Caesars Sportsbook Ohio: Caesars Sportsbook owns the Eldorado Gaming Scioto Downs in Columbus, Ohio. You can safely expect them in the OH market.
  • Hard Rock Sportsbook: Stragetic advantage to launch due to Hard Rock Casino presence.
  • JACK Entertainment: Ohio based business with two properties in Cleveland and North Randall.
  • Barstool Sportsbook: Penn National Gaming has Ohio presence with Hollywood casino brand.
  • Fubo Gaming: Has a deal in place with a pro sports team.
  • Bally Bet Sportsbook: Has struck a deal with a professional sports team.
  • BetFanatics Sportsbook: Fanatics’ BetFanatics has applied for a sports betting license and trademark.
  • BetFred Sportsbook: Struck a deal with the Cincinnati Bengals on July 19th, 2022.
  • BetRivers Sportsbook Ohio: Already applied for a second skin. Agreement in place with Penn National since 2021.
  • Tipico Sportsbook Ohio: Tipico has market access in Ohio through their multi-state partnership with Caesars.
  • Other players for the Ohio sports betting market(likely): PointsBet, WynnBET etc.

⭐ Ohio Sports Betting Promotions

Ohio sports betting apps will give out a number of promotions to new players when they launch in the state. You can expect the usual welcome bonuses such as the BetMGM 100% up to $1,000 deposit match, Caesars bet match bonus, Free bets, loyalty programs, odds boosts, profit boosts bet insurances, and more from online sportsbooks.

Free Bets, Risk-Free Bets & Deposit Matches in Ohio Online Sports betting

The sports betting market in Ohio will be extremely competitive, and is estimated to reach $1 billion in revenue annually. Sports betting companies try to attract new Ohio sports bettors by offering bonuses or promotions, and we expect that most operators will have great offers for Ohio residents.

  • Free bets – A small site credit offer; bettors can usually only cash out the winnings.
  • Risk-free bets – The sports betting site will refund you in free bets if your first bet loses. Technically this is not a 100% risk free bet, as you still need to play the free bet before withdrawing.
  • Deposit matches – The sportsbook will match your deposit up to a certain cap (for example, DraftKings offers a 20% up to $1,000).

Ohio Sportsbooks will also offer promotions to existing players. These might include odds boosts, parlay insurances, promotions for teams like Ohio State Buckeyes, or sports season wagering promotions such as for the Super Bowl or March Madness.

Ohio Buckeyes

Soon sports crazy Ohioans can place sports wagers on the Super Bowl and World Series, and even on college sports teams like Buckeyes at March Madness.

Ohio Sports Betting Promo Codes

When sports bettors can finally bet online, the sportsbooks will make Ohio betting promo codes available for residents. When there is a sportsbook promo code in Ohio, we at Bonusfinder US will bring them to you.

Wagering Requirements

Sports betting websites often attach wagering requirements, which are also called playthrough requirements, to their bonuses. This means that you need to wager through your bonus a set number of times before you can withdraw your money.

⭐ OH Sports Betting Markets

Although legal sports betting is not yet live in Ohio, we can expect that the following options will become available once the sportsbooks get going. The Buckeye State is home to more than 11 million people, so the sports wagering market potential is huge. You can also place wagers on college sports.

  • NFL Betting
  • NBA Betting
  • MLB Betting
  • NHL Betting
  • MLS Betting
  • UFC/MMA Betting
  • PGA Tour Betting
  • College Sports Betting

NFL Betting

Football is the king of sports in of sports in America and Ohio is no exception. With the Browns and the Bengals, NFL Betting will be huge in the state. Finally, it’s no longer just the DFS players who get to sweat their bets every NFL Sunday. With the Bengals’ recent trip to the Super Bowl, Super Bowl betting will without a doubt still be the day when the state records its largest sports betting handle.

Cleveland Browns

The Browns haven’t been great these last few years. As one of just two teams ever to go 0-16 in a season, they are not too likely to make it to the NFL playoffs. However, they did pull of an upset in 2020 when they qualified for the Playoffs, so they do have an outsider chance. However, the

Cincinnatti Bengals

With Joe Burrow and Ja’Marr Chase, the Bengals are quickly becoming one of the most followed teams in professional football. Burrow, who is a local boy, is looking to take the Bengals to the Super Bowl and their odds to win it all should be a popular betting option in Ohio. Futhermore, the sportsbooks are certain to offer boosted odds on the Bengals’ games.

NBA Betting

NBA betting is as much about the individual players as it is about the teams and totals. Prop bets are the favored bet type for most sharp NBA bettors and the Cleveland Cavaliers are no exception too. Even though LeBron James is long gone, there are still a lot of proposition bets you can play on their games.

Cleveland Cavaliers

After the 2016 NBA Championship, the Cavaliers have had to rebuild their team. It’s still a work in progress and real success might still be a couple of years off. Nevertheless the team has a lot of potential and could pull of suprises in the next few years.

MLB Betting

Baseball is a slow game to watch, but it’s an extremely good game to bet on. Nearly no other sport has as many stats available as baseball, and MLB Betting experts can take advantage of things like wind stats, pitcher handedness, and stadium. Furthermore, the baseball season is 160 games so one of Ohio’s two teams should always be playing.

Cleveland Guardians

The Guardians have not win the World Series since the 1940s and even though they made a finals appearence in 2016, things aren’t likely to change anytime soon. They might have a shot at the AL Central though.

Cincinnati Reds

The things aren’t brighter for Ohio’s other baseball team. Cincinnatti Reds betting might be popular, but bettors backing the Reds have a high chance of losing their money. For a game that hasn’t one a playoff game in more than 10 years, Cincinnati still has a loyal fan base following their games.

NHL Betting

Hockey is a popular sport in the Midwest and NHL Betting in Ohio reflects that. Instead of point spreads favored in other sports, ice hockey is often wagered on the moneyline. Teams also often play back-to-back games, which can be advantageous to sharp bettors.

Columbus Blue Jackets

The Blue Jackets not exactly newcomers to the National Hockey League with their 20+ season appearances, but they’ve been perpetually stuck to the middle of the table. Even though they regularly make the playoffs, there has not been much to celebrate once they get there. Still, it’s nice to bet on the home team in the Buckeye State as well.

MLS Betting

While not nearly as popular in America as other sports, soccer is the most popular sport in the world. It’s also the most bet on sport in the world. With two soccer teams in the state, Ohio will surely see it’s share of soccer betting. Even though the state misses the 2022 World Cup, there are soccer competitions to bet all around the year.

Columbus Crew

The 2008 MLS Cup winners are not exactly top of the heap in the US soccer world, even though they still regularly make the playoffs. The Crew is a solid team, but they lack the star potential in a league where teams from the big states keep buying up soccer stars from Europe.

FC Cincinnati

Cincinnati is one of the worst teams in MLS. Without Recently, they’ve managed to get back some of their form and are no longer bottom of the pack, but their chances of lifting the MLS cup in the next few years are slim at best.

College Sports Betting

The Ohio Sate Buckeyes are huge. And it’s not just Big Ten football and basketball, people in the sports crazy state focus on sports like wrestling as well. In addition to Ohio State, there are schools such as Akron and Toledo, which have great sports tradition. Look out for March Madness and Big 10 football come college sports betting time!

⭐ Bet Types

Because Ohio will most likely be home to most of the big sports betting operators, we can expect that the usual sports bets (bet types) are available in the state. You can also bet on in-state or Ohio college sports teams apart from professional sports, combat sports, golf, tennis, soccer, etc. At any mobile sports betting site, you will find the usual sports wagering options.

  • Moneyline bets
  • Spread bets
  • Over/Unders
  • Prop Bets
  • Parlays
  • In-play Betting (live betting)

⭐ Banking on Ohio Online Betting Sites

We don’t know the exact legal details for banking at Ohio sportbooks. However, based on other states where online sportbooks need to partner with land-based casinos (retail sportsbooks), we can give a rough estimate on the payment options on online sports betting apps.

Deposit Methods

All the deposit methods are instantaneous, but there are some key differences between them. Credit card is the simplest method for depositing. However, not all US banks accept real money gambling payments. E-wallets, such as PayPay, and prepaid cards are a perfect workaround for these situations. They are also perfect for people with privacy concerns.

  • Online bank transfer
  • Credit Card (Visa, Mastercard)
  • E-check
  • PayPal
  • Prepaid card
  • Casino Cage

Withdrawal Methods

Withdrawals are often limited to the method you used to deposit at Ohio sports betting sites. When this is not possible, online betting sites usually offer other options. Unlike deposits, withdrawals are not instant. Here at BonusFinder, we’ve listed all the withdrawal methods you can expect from Ohio online betting sites.

Withdrawal Method Withdrawal Time
ACH (e-checks) 3 - 5 business days
PayPal 4 - 6 business days
Paper checks 5 - 8 business days
Prepaid cards 2 - 6 hours
Cash at the Cage 2 - 6 hours

⭐ Conclusion: OH Betting

  • The state of Ohio is surrounded by other states that offer sports betting, and now they are finally catching up. Ohio online gambling is set to see the light of day in 2022, with a big number of operators looking to launch in the state. As more details trickle out, we will update this page with legal online sports betting developments.
  • The PA online betting handle is over 300 million monthly. As it is Ohio’s closest gambling neighbour, Ohio can expect large gambling tax revenues when they finally launch sports betting. You can expect the online gambling to launch in the state before the mandatory date of January 1, 2023. BonusFinder is committed to provide you with the best Ohio sports betting resources when that happens.

Last updated: 08/16/2022

Ohio Sports Betting FAQs

Is Online sports betting legal in Ohio state?

Not yet. Ohio passed sports betting legislation at the end of 2021 to legalize sports betting, with plans to launch the market by 1 January 2023. OH Legal sportsbooks online may happen a bit earlier than that.

How close is Ohio to legalizing sports betting?

Ohio legalized sports betting in December 2021 when Governor Mike DeWine signed House Bill 29 into law. Even though sports betting is legal already, it has not yet gone live. The launch date for legal sports betting is January 1st 2023. After January 1st, you'll be able to place bets online, at sports betting kiosks, and at various retail sportsbooks.

Is sports betting legal in Ohio?

Yes, both online and retail sports betting was legalized on December 22, 2021. It will be regulated by the Ohio Casino Control Commission, who are now in the process of announcing licensing applications.

What is the sports betting age in Ohio?

The legal gambling age is set at 21 years of age in Ohio.

Why is online sports betting not legal in Ohio?

Since the U.S. Supreme Court's decision to strike down PASPA, the Ohio House and Senate have been circling around the online sports betting issue. In late 2021, they finally agreed on betting legislation and Governor Mike DeWine signed the sports betting bill into a law. Now bettors have to wait just a few months to get in on the wagering action. The official launch date in the law in January 1, 2023 but you can bet on mobile sportsbook apps sooner than later.

Why is the January 1, 2023 launch special?

As per the Commission, "January 1 will represent the largest expansion of gaming in Ohio’s history and the largest ever simultaneous launch of sports gaming in the United States. According to industry estimates, this will necessitate detailed due diligence investigations, as well as comprehensive compliance examinations, of approximately 3,000 licensees ahead of January 1."

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