Sports betting enthusiasts in Ohio now have a reason to celebrate as the state has legalized sports betting. The Ohio legislature passed a bill in July 2022, making Ohio the 33rd state to legalize sports betting. The bill allows for both online and in-person sports betting, with a minimum age requirement of 21 years.
Ohioans can now place bets on their favorite sports teams, including the Browns, Cavs, Buckeyes, Reds, and many more. With as many as 25 online sites for gaming set to go live in the state in the coming months, bettors in Ohio have a wide range of options to choose from. However, for beginners, sports betting can be daunting. That’s why this guide to sports betting in Ohio will come in handy. It will provide a comprehensive overview of sports betting, from terminology to bet types to the best betting apps.
The Legality of Sports Betting in Ohio
The Ohio Sports Betting Law
In January 2023, Ohio legalized sports betting, becoming the 33rd state to do so in the United States. Under the Ohio sports betting law, the Ohio Lottery and the Ohio Casino Control Commission are responsible for regulating and overseeing the state’s sports betting industry.
The law allows for both retail and online sports betting in Ohio. Retail sports betting will be available at casinos, racinos, and select bars and restaurants. Online sports betting will be available through mobile apps and websites.
To participate in sports betting in Ohio, individuals must be at least 21 years old and physically located within the state’s borders. The law also prohibits betting on high school and amateur sporting events.
Ohio’s sports betting law includes provisions to protect consumers and promote responsible gambling. The Ohio Casino Control Commission is responsible for ensuring that sports betting operators comply with these provisions, which include:
- Providing resources for problem gambling prevention and treatment
- Offering self-exclusion programs for individuals who wish to ban themselves from sports betting
- Prohibiting sports betting operators from extending credit to customers
- Limiting the amount of money that can be wagered on a single event or over a certain period of time
In addition to these consumer protections, the Ohio sports betting law includes provisions to generate revenue for the state. Sports betting operators in Ohio are subject to a tax rate of 10% on gross gaming revenue, which is the amount of money wagered minus the amount paid out in winnings.
Overall, Ohio’s sports betting law is designed to provide a safe and regulated environment for individuals to participate in sports betting while also generating revenue for the state.
How to Bet on Sports in Ohio
Ohio sports betting is now legal, and bettors in the Buckeye State have a wide range of options when it comes to placing bets on their favorite games. Understanding the basics of sports betting is crucial to making informed decisions and maximizing your chances of winning. This section will provide an overview of how to bet on sports in Ohio, including understanding betting lines and types of bets.
Understanding Betting Lines
Betting lines are the odds that sportsbooks offer for a particular event. They reflect the probability of a certain outcome and determine the payout for a winning bet. In Ohio, sportsbooks offer a variety of betting lines, including point spreads, moneylines, and over-unders.
- Point Spreads: Point spreads are the most common type of bet in sports betting. They are used to even out the playing field between the favorite and the underdog. The favorite team is given a certain number of points, while the underdog team is given the same number of points as a head start. Bettors can either bet on the favorite to win by more than the point spread or the underdog to lose by less than the point spread.
- Moneylines: Moneylines are bets on the outright winner of a game, regardless of the point spread. The odds for each team are represented by a positive or negative number. A negative number indicates the favorite, while a positive number indicates the underdog. The size of the number reflects the relative strength of the teams.
- Over-Unders: Over-unders, also known as totals, are bets on the total number of points scored in a game. Sportsbooks set a line for the total number of points scored, and bettors can bet on whether the actual total will be over or under that number.
Types of Bets
In addition to understanding betting lines, it’s important to be familiar with the different types of bets available in Ohio. Here are some of the most common types of bets:
- Spread Betting: Spread betting is a type of bet where the bettor wagers on the point spread.
- Moneyline Betting: Moneyline betting is a type of bet where the bettor wagers on the outright winner of a game.
- Over-Under Betting: Over-under betting is a type of bet where the bettor wagers on whether the total number of points scored in a game will be over or under a certain number.
- Prop Betting: Prop betting is a type of bet where the bettor wagers on a specific event within a game, such as the first team to score or the total number of yards gained by a particular player.
- Futures Betting: Futures betting is a type of bet where the bettor wagers on the outcome of a future event, such as the Super Bowl or the World Series.
Ohio sportsbooks offer a variety of bet types and bet offers, so it’s important to do your research and find the best lines and bonuses available. Bettors can use a variety of payment methods, including credit cards, bank accounts, and wire transfers, to fund their accounts.
It’s important to note that Ohio sports betting is only available to those who are 21 years of age or older. Bettors should also be aware of the risks of gambling and should contact 1-800-GAMBLER if they have any questions or concerns about their gambling behavior.
Choosing the Right Sportsbook
When it comes to sports betting in Ohio, choosing the right sportsbook is crucial for a successful and enjoyable experience. There are several factors to consider when selecting a sportsbook, including reputation and customer service, banking options, mobile app, and desktop experience.
Reputation and Customer Service
One of the most important aspects to consider when selecting a sportsbook is its reputation and customer service. It is essential to choose a sportsbook that is reputable and has a track record of providing excellent customer service. Look for sportsbooks that are licensed and regulated by the Ohio Casino Control Commission.
Additionally, check online reviews and ratings to see what other bettors have to say about their experiences with the sportsbook. A sportsbook with a high rating and positive reviews is more likely to provide a reliable and enjoyable betting experience.
Another crucial factor to consider when selecting a sportsbook is banking options. It is essential to choose a sportsbook that offers a variety of banking options that are safe, secure, and convenient. Look for sportsbooks that accept popular payment methods such as credit cards, debit cards, e-wallets, and bank transfers.
Additionally, check for any fees associated with deposits and withdrawals. A reputable sportsbook should not charge excessive fees for banking transactions.
Mobile App and Desktop Experience
In today’s digital age, a sportsbook’s mobile app and desktop experience are critical factors to consider. Look for sportsbooks that offer a user-friendly and intuitive mobile app and desktop experience. The mobile app should be easy to download, navigate, and place bets.
Additionally, check for any special features offered by the sportsbook, such as live streaming, in-play betting, and cash-out options. A sportsbook with a variety of features can enhance the betting experience and provide more opportunities to win.
In conclusion, choosing the right sportsbook is essential for a successful and enjoyable sports betting experience in Ohio. Consider factors such as reputation and customer service, banking options, mobile app, and desktop experience when selecting a sportsbook. By doing so, bettors can ensure a safe, secure, and enjoyable betting experience.
Making Smart Bets
When it comes to sports betting in Ohio, making smart bets is the key to success. Here are some tips to help bettors make informed decisions and increase their chances of winning.
Juice, also known as vig or vigorish, is the commission charged by sportsbooks for placing bets. It is typically around 10% of the amount wagered and is how sportsbooks make money. Understanding juice is important because it affects the odds and potential payout of a bet. Bettors should look for sportsbooks with lower juice to maximize their winnings.
Contests and Bonus Bets
Many sportsbooks offer contests and bonus bets to attract new customers and retain existing ones. These can be a great way to increase winnings or get a refund on a losing bet. However, bettors should read the terms and conditions carefully and make sure they understand the rules before participating in any contests or using bonus bets.
Bankroll management is crucial for any sports bettor. It involves setting a budget for betting and sticking to it, regardless of whether the bets are winning or losing. Bettors should also avoid chasing losses and never bet more than they can afford to lose. By managing their bankroll effectively, bettors can minimize their losses and maximize their winnings over the long term.
Overall, bettors in Ohio should take the time to research their options and make informed decisions when placing bets. They should also keep in mind that the bet offer may vary between sportsbooks, so it’s important to shop around for the best odds and juice. By following these tips and making smart bets, bettors can increase their chances of success in the world of sports betting.
Ohio Sports Teams to Bet On
When it comes to sports betting in Ohio, there are plenty of teams to choose from. Whether you’re a fan of football, basketball, or hockey, there’s a team for you. Here are some of the most popular teams in Ohio to bet on:
Cleveland Browns and Cincinnati Bengals
The Cleveland Browns and Cincinnati Bengals are two of the most popular NFL teams in Ohio. Both teams have a passionate fan base, and they often play each other in intense rivalry games. When betting on these teams, it’s important to consider factors like injuries, weather conditions, and recent performance.
Cleveland Cavaliers and Ohio State Buckeyes
Basketball fans in Ohio have two great options to choose from: the Cleveland Cavaliers and the Ohio State Buckeyes. The Cavaliers have been a top team in the NBA for many years, and they have a number of star players that make them a formidable opponent. The Buckeyes are one of the most successful college basketball teams in the country, and they have a long history of winning championships.
Columbus Blue Jackets and Cleveland Guardians
Hockey fans in Ohio can bet on the Columbus Blue Jackets, who play in the NHL. The Blue Jackets have a strong team and have made the playoffs several times in recent years. Additionally, Ohio is home to the Cleveland Guardians, a Major League Baseball team. While they are a newer team, they have a lot of potential and could be a great option for sports bettors.
When betting on Ohio sports teams, it’s important to do your research and consider all the factors that could impact the outcome of a game. By staying informed and making smart bets, you can increase your chances of winning and have a great time cheering on your favorite teams.
Sports betting in Ohio is a relatively new industry, but it has already shown great potential. With the legalization of sports betting in the state, Ohioans now have access to a range of sports betting options, including online sportsbooks and brick-and-mortar sportsbooks.
One of the most significant benefits of legal sports betting in Ohio is the potential for increased revenue for the state. This revenue can be used to fund various public projects and services, such as education, healthcare, and infrastructure.
In addition to generating revenue for the state, sports betting can also be a fun and exciting way to engage with sports. Whether you are a seasoned sports bettor or a beginner, there are plenty of resources available to help you make informed decisions and maximize your chances of winning.
It is important to remember that sports betting, like any form of gambling, involves risk. It is essential to set limits on your betting and to never bet more than you can afford to lose. With responsible gambling practices and a bit of luck, sports betting can be a thrilling and potentially profitable pastime for Ohioans.