Ohio sports betting market
Ohio has become one of the newest states to adopt sports betting legally in its betting industry. The Ohio lawmakers legalized retail and mobile sportsbooks, and the bill was signed into law by the governor, Mike DeWine, in 2021.
The new law is expected to take effect from January 1, 2023, an announcement that the Ohio Casino Control Commission made on their timeline on August 3.
The work of establishing a regulatory framework is currently underway, with the Ohio sports betting industry believed to reach more than $1 billion annually. Sports teams, casinos, and racinos will be the first to get a priority for sports betting licenses, with each initially getting one, but with a chance of acquiring another if they prove their financial viability and benefit to the Ohio State.
When the process is finalized, Ohio will join its neighboring states, some of which have also legalized sports betting and play a vital role in the betting industry in America. They include Michigan, Pennsylvania, West Virginia, and Indiana.
The Ohio sports betting Law HB 29, however, advocates for the conversion of lottery kiosks to limit sports betting activities at bars, restaurants, and grocery stores.
Some of the biggest bookmakers have already secured legal access to the market or are in the process of doing so.
The expected online sportsbooks
Whether you love betting in the traditional brick-and-mortar casino or want to join the online trend, Ohio betting fans are spoiled for choice. The following list highlights some of the best places to wager.
Caesar sportsbook
Now available in several states, the Caesar sportsbook is expected to go live no later than 12.01 Am in Ohio. The sportsbook, which comes with a mobile app version, will be special to the Buckeye state fans for its user-friendly interface and rewards and promotions.
Fubo sportsbook
The launch of the Fubo sportsbook is much anticipated owing to the company’s exciting rewards. These include a $1000 risk-free first bet, free one-month access to the platform, and live streaming for live betting fans.
FanDuel sportsbook
Having applied for a license, FanDuel is expected to become one of the leading bookmakers in Ohio. It is known for its aggressiveness in entering new sports betting markets, and Ohio is no different.
Draftkings
Draftkings was among the last companies to apply for a license, having done so in the last application round, according to data released by the Ohio Casino Control Commission.
BetMGM sportsbook
It was the first betting operator to apply for a sports betting license on June 15, when the application window opened. Its application for a retail license is also complete.
PointsBet Sportsbook
This Australian sportsbook has immensely established itself in the American market over the years. In partnership with Penn National Gaming, the sports betting operator filed an application to the Ohio Casino Control Commission for licensing as an online betting service provider.
Bet365 sportsbook
The bookmaker has already applied for licensing consideration and is in partnership with Cleveland Guardian.
Games you can bet on
NFL
With NFL climaxing in Super Bowl, what better way to end the show than live stream the game and bet on your winning teams? This is one you don’t want to miss.
Basketball
You will be able to bet on as many NBA games as you want. However, confirm with the sportsbook before placing wagers to verify if they allow it.
Fantasy sports
Finally, if you love fantasy sports like fantasy football, you can continue betting on them as soon as legal mobile betting starts, since it was already legalized in 2018.