Ohio Sports Betting

The online gambling industry continues to grow throughout the United States, but Ohio has not seen any of that growth. Online betting in Ohio is extremely limited, but there is some hope that it could change at some point soon.

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Sports betting is the major industry that Ohio is looking to legalize, but the online casino gaming industry could be expanded. It has taken lawmakers a long time to get legislation pushed through, but a final vote is expected to take place at some point in 2020.

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Legal Sports Betting in Ohio

Ohio Sporst Betting Bill

Sports betting news: Ohio House passes sports betting bill HB194, which would set the Ohio sports gambling tax rate at 10%. It would also allow veterans and fraternal organizations to apply for a gambling licenses.

Ohio sports betting has been a major point of contention over the last two years. The Ohio House has passed bills, but the Senate has not passed any laws. On May 28th the HB194 bill passed in the House, and it was introduced to the Ohio Senate before their summer break on June 2nd. It is possible that the bill will be signed into law in the latter part of 2020, which would allow Ohio bookies to open their online sports betting operations.

OH Betting Apps

Since sports betting is not legal in the state of Ohio, and neither is online casino gambling, there are very few OH betting apps available to residents. In fact, all of the betting apps available in the state are horse race betting apps.

While we don’t know what sports betting sites will open in Ohio once online sportsbooks are allowed to open, we suspect that the usual suspects William Hill, DraftKings, and FanDuel will be the first accepting sports wagers.

Ohio Gambling Revenue

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 legalize.

Horse Race Betting in Ohio

Horse race betting continues to be extremely popular in the state, and there are many horse tracks located throughout Ohio. Ohio residents love betting at the tracks, but there are also some apps available. Here is a list of five of the OH betting apps available for download to bet on horse racing in Ohio:

  • Amwager
  • NYRABets
  • TwinSpires
  • TVG
  • 123Bet

Free Bets, Risk-Free Bets & Deposit Matches in Ohio

When the sports betting bill passes in the state of Ohio, the market will be extremely competitive. There are several different ways that companies will try to get customers to their site, and it is done by offering bonuses or promotions.

  • Free bets are given out by online betting sites as a way to get customers hooked on the site. These free bets are usually small, but they can lead to big wins.
  • Risk-free bets are another option that is commonly given out to new customers. This type of bonus is just like what the name says; it’s an opportunity to make a bet without any risk. Bettors can simply place a bet at the online betting site, and the company will refund their money if the bet loses.
  • Deposit matches are another way to attract customers, and these bonuses are typically only offered for the first deposit at a site. The top deposit match bonuses will match a customer’s deposit up to 100 percent. For example, DraftKings offers a 20% deposit match up to $500. If you deposit $2,500 you can play with $3,000.

Sportsbooks will also offer promotions to existing players. These might include odds boosts, parlay insurances, or promotions for teams like Buckeyes.

Ohio Buckeyes

When the Senate will finally allow sports betting, sports crazy Ohioans can place sports wagers on the Super Bowl and World Series, and maybe even on Buckeyes at March Madness.

Ohio Casino & Legalized Betting Promo Codes

When sports bettors can finally bet online in Ohio, the sportsbooks will make promo codes available for their customers. When they do, we at Bonusfinder US will bring them to you.

Wagering Requirements

When online casinos and online sportsbooks are finally launched in Ohio, not all promotions will be offered with equal terms. Sportsbooks 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. It is best to find a deposit or free bet that offers a 1x playthrough requirement. This means that if you are given $200 in a deposit bonus, that you must bet at least $200 before that money can be taken back out of the site.

Banking on Ohio Online Betting Sites

As the Ohio Sports Betting Bill has not yet been signed into a law, 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 landbased casinos, we can give a rough estimate on the Ohio sports betting payment options.

Deposit Methods

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

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 PayPayl, and prepaid cards are a perfect workaround for these situations. They are also perfect for people with privacy concerns.

Withdrawal Methods

Withdrawals are often limited to the method you used to deposit. 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

The state of Ohio is surrounded by other states that offer sports betting, and lawmakers are trying to keep up. The Ohio Senate is set to discuss the HB194 Gambling Bill when they return from recess, and it is possible that Ohio online gambling could see the light of day in 2020.

Ohio Sports Betting Q&A

Can I bet on sports online in Ohio?

No, but there is a chance that Ohio will legalize sports gambling soon. Lawmakers have included mobile and online sports wagering in their sports betting bill.

Is sports betting legal in Ohio?

No, sports betting is not legal in the state of Ohio, but the Ohio Senate will vote on the matter in late 2020.

What is the sports betting age in Ohio?

The legal gambling age is set at 21 years of age in Ohio, so that will likely be the same rules if and when sports betting is legalized.

Are there mobile sports betting apps available in Ohio?

No, there are no mobile sports betting apps available in Ohio, and there aren't any sportsbooks that are available either. There is hope that mobile sports betting will be included in any sports betting legislation, which would give sports betting operators the ability to launch betting apps.

Why is online sports betting not legal in Ohio?

After the Supreme Courts decision to strike down PASPA, the Ohio House and Senate have been doing a song and dance around the online sports betting issue. In the Senate version, the Ohio Casino Control Comission is in charge, whereas the House Bill supports the Ohio Lottery Commission control of the legal sportsbooks. We hope that they can finally agree in 2020.