Best Ohio Sportsbook Promo Codes for Online Sports Betting

By Julian Miller
Fact Checked by Joss Wood

When you're trying to choose the best Ohio sportsbook, promo codes are one of the most important factors to consider. This article provides an overview of the different sports betting bonuses that you can take advantage of in Ohio.

Best Ohio Sportsbook Promo Codes

At this time, betting is not legal in the state. However, it will go live on January 1, 2023. Listed here are a few of the potential sportsbooks in Ohio that will have bonus codes and promotions. Promo codes will be available from launch which is expected by Jan. 1, 2023. Meanwhile we have listed a few promo codes which you can use to claim bonuses if you live in Ohio's neighboring states where betting is legal.

FanDuel Ohio Promo Code🎁 Coming Soon
DraftKings Ohio Promo Code🎁 Coming Soon
Caesars Ohio Promo Code🎁 Coming Soon
BetMGM Ohio Bonus Code🎁 Coming Soon
PointsBet Ohio Promo Code🎁 Coming Soon
Unibet Ohio Promo Code🎁 Coming Soon

Betting Promo Codes from the Best Online Sportsbooks in Ohio

When you're looking for the best OH online sportsbook promos, it's important to take a look at the different operators and compare what they're offering since all of them will have different types of bonuses. Ohio betting promotions can take a lot of different forms, so here's a little preview of what you might expect to receive from some of the major sportsbooks.

FanDuel Ohio Promo Codes

Judging from past offerings, there's a good chance that FanDuel Ohio Sportsbook will offer a sportsbook promo code that enables you to bet risk-free. This will probably be a first risk-free bet up to a predetermined value (possibly around $1,000). If your bet loses, the amount you lose will be credited back to your account as free bets.

DraftKings Ohio Promo Codes

DraftKings Ohio should offer a promo code for a deposit match bonus. This means that when you make your first deposit, the operator will credit a matching value of bet credits to your account, doubling the amount of money you have in your account available to bet (again, this is usually capped at a preset value, like $1,000).

BetMGM Ohio Bonus Codes

BetMGM Ohio sportsbook bonuses will include different kinds of benefits. If we look at their past offerings in other jurisdictions, this book can be expected to offer risk-free bets, or specific prop or parlay bets that have "insurance" up to a given value. This means the sportsbook could refund you if, for example, your four-leg parlay misses by only one leg. Currently the BetMGM bonus code offer is a risk-free bet up to $1,000.

Caesars Ohio Promo Codes

Caesars Ohio will likely have some strong bonus options for bettors. We can expect a big risk free bet for first-time bettors, up to a value  of $1,500. The site and mobile betting app for Ohio may also offer bet insurance on specific prop bets or parlays, occasional free bets of a lesser value when you make a given parlay bet. Another promo we can expect to see is a "profit boost," whereby your profits on your bet, if you win, are boosted by a given percentage (possibly around 10-15%).

Types of Ohio Sportsbook Bonuses

If you're still trying to familiarize with yourself with all the different kinds of Ohio sports betting promo, the next section will take you through an array of all the major types of potential Ohio sportsbook bonuses, whether they're no-deposit bonuses, free bets, welcome bonuses, or a risk-free bet. Once you know how they all work, you'll be ready to determine which Ohio betting bonus is best for you and take advantage of the promotions that fit your needs.

Risk-Free Bets

Risk-free bets are a super common and straightforward type of promo, and are pretty much exactly what they sound like; a bet where there's no risk of losing money. In this kind of promo, the sportsbook will guarantee your bet—up to a predetermined value. If your bet loses, then the sportsbook will refund your bet, by crediting that value amount back to your account in bet credits.

For instance, if your sportsbook offers you a $25 risk-free bet, and you wager $25 on the Buckeyes moneyline, if they go on to lose and your bet misses, then you would get a $25 free bet credited to your account. The amount offered to you risk-free is often highest when it's your first bet with the operator, and then the operator will offer you occasional risk-free bets of lower amounts once you're signed on.

Deposit Promo

Deposit promos are some of the more common kinds of welcome bonuses you'll run into when browsing around Ohio betting promotions. A deposit promo typically refers to a situation where a sportsbook offers to match your initial cash deposit with the same amount of bet credits, usually up to a certain amount. This can be as high as around $1,000.

For example, if you make an initial deposit of $200 into a new account with an Ohio betting app, an app with a 100% deposit match promo will then match that deposit in full, meaning you would have a grand total of $400 available to bet in your account.

No-Deposit Promo

While a lot of operators will require that you deposit money into your account before you can take advantage of their promotions, a few will offer no deposit bonuses. No deposit bonuses refer to free bets and bet credits issued to you by the sportsbook before you've even made a deposit into your account. This means you can have dollars to bet in your account without making a single payment to the sportsbook.

For instance, if you opened an account with a no deposit promo, you might receive $20 just for opening an account, before any of your hard-earned cash goes in.

Reload Promo

A reload promo is similar to a deposit match, but while a deposit match is the sportsbook's way of trying to get you to sign up, a reload promo is the operator's way of trying to make sure that you come back. These kinds of promos work by giving you a certain percentage of your deposit in bet credits when you reload your account.

This could mean, for example, that you get a 10% bonus (up to a certain value, let's say $200) on top of whatever you put into your account, as long as the deposit is over a base amount (probably around $20-25). So if you reload your account with $100, you'd actually have $110 available to bet in your account.

Referral Promo

A referral promo is another very likely promotion you can expect at OH sportsbooks. As operators get up and running, it's important to them to get as many sign-ups as possible, and that means that many sportsbooks are willing to give you bet credits in exchange for getting your friends to sign up with the operator.

Referral promos typically include a unique link you can send to a friend via email, text or social media. If someone signs up using your link, or uses your specific referral code, you will get a bonus.

Seasonal Promo Codes

A seasonal promo code could also be known as an "event-based" promo, and this kind of bonus refers to a bonus issued by a sportsbook because of something specific happening at that moment in time, like March Madness or the Super Bowl. Some operators will take advantage of major events to attract more bettors and will offer additional bonuses or free bets. 

You might be able to find additional Ohio sportsbook promo codes around big games and tournaments, such as a special seasonal $20 free bet credit for a Super Bowl prop bet. Additionally, you may see team-specific promotions, such as special offers based around Ohio teams. The Cincinnati Bengals have applied for a gambling license that will allow for partnerships and more, so you can expect to see specific sportsbooks offer promos for teams they partner with.

Sports-Specific Promo

A sports-specific promo refers to a kind of sportsbook promo code that only applies to a specific sport or sporting event. So if you're a fan of one specific sport, it might be worth keeping an eye on what Ohio betting promotions might apply uniquely to your favorite sport.

An example of a sports-specific promo might be if a sportsbook was offering a risk-free bet specifically on a first basket bet on an NBA game, or a bonus $10 free bet when you place a $25 single-game parlay on an NHL game.

Reduced Juice Wagers

Another very likely Ohio sports betting promo is something called a "reduced juice" wager. In sports betting terms, juice means the same thing as "vig" or "vigorish." It refers to the cut that the sportsbook takes every time you place a bet to guarantee that they make a profit on your bet. So a reduced juice wager means that you're getting a better deal.

An example of this would be if a sportsbook was offering reduced juice on Cleveland Browns NFL game, they might move the line from -120 to -110, so you only have to risk $110 to make $100, instead of $120. In simple terms, if you get reduced juice, it's cheaper to win money.

Boosted Odds

An odds boost is another kind of promo that is extremely similar to a reduced juice wager, insofar as both types involve the sportsbook voluntarily giving up some of its vig to give the bettor a better deal. An odds boost might make the payoff bigger on a given points spread, moneyline, or over/under bet, all of which meaning that the bettor is getting a fairer deal, and the sportsbook is minimizing its house edge.

You might be able to find this kind of promo for OH sportsbooks on an app or social media. You might see a line on a specific game move from +140 to +160, or a spread increase from +5.5 to

Free Parlay Insurance

Free parlay insurance is a type of risk free bet, where the sportsbook will offer you your stake back if your parlay bet only misses by one leg. Usually, this applies to parlay bets with a minimum of four legs, so it's not a guarantee, but it's a great way to minimize the likelihood that you lose money and it might protect you in the event that your riskiest leg doesn't quite come through for you.

For example, you might try to bet on three heavy favorites and one underdog, in the hopes that as long as all three favorites hit, you won't lose money on the bet (naturally, this won't always work, since bets are always unpredictable).

VIP Rewards

VIP rewards will be available as an Ohio betting bonus at almost all sportsbooks. These are loyalty programs that offer frequent rewards for bettors. They are the operator's way of making it more worthwhile for you to stick with them rather than take advantage of a first deposit bonus offered by a competing operator.

This kind of bonus can be a lot of different things. It can range from a simple $25 free bet offered to regular bettors to big-time rewards offered by some of the big Vegas casinos. Some operators offer VIP rewards that include hotel stays, all-expenses paid trips, concert tickets or meals in their restaurants.

Terms & Conditions Attached to Ohio Betting Offers

It's important to know that there will be some strings attached to all of these likely OH betting promos. Different books will have different terms and conditions that apply to their platforms, which can impact how their promotions and offers can be applied.

Playthrough Requirements

A playthrough requirement is also sometimes called a "rollover requirement" or occasionally a "wagering requirement." It refers to a situation where a sportsbook requires that you bet the bonus amount a certain number of times before you can withdraw those funds. These are expressed as multipliers so that you end up with a total value that you have to bet before you can withdraw.

For instance, let's say a book has a 100% deposit match program up to $100, but with a 5x playthrough (or rollover) requirement. You deposit your $100, and now your account shows $200. However, when you take the 5x rollover into account, you actually have to bet $1,000 ($200 x 5) in total before you can withdraw any funds from your account! So it's super important to keep an eye on these requirements when looking at an offer like a deposit match.

Time Limits

Time limits are another element that might be attached to a playthrough requirement, and they basically mean that you have to hit the playthrough requirement within a given time window, like 30, 60, or 90 days. This means that you might only have a shorter amount of time than you expect in which you have to bet your bonus offer AND the rollover requirement.

So if you have the $200 in your account from the previous example, you might have deposited thinking that you could bet casually and withdraw whenever you wanted, but you might actually only have 30 days in which you have to bet $1,000 — which could be more than you wanted to. That's why it's very important to know what time limits might apply to the playthrough requirements on your bonus offers.

Minimum Odds

Another way operators try to protect themselves from losing money on their bonus offers is by writing a minimum (or maximum) odds rule into their terms and conditions. If you have to take riskier bets, there's a higher likelihood you give that bonus money right back to the sportsbook.

For example, a sportsbook might attach a -200 minimum odds into their playthrough requirements. It's another thing to make sure you check before taking a bonus offer.

Minimum & Maximum Wagers

Another clause that you might find in the fine print of a sportsbook bonus is a maximum or minimum wager. These are found just about everywhere, and they basically are there to ensure that you are making a reasonable number of normal-sized bets, instead of betting in tiny increments or taking really big swings that could cost the book significant amounts.

The minimum is usually between 10 cents and $1, and the maximum will vary based on your player status, but it might be around $10,000.

Maximum Wins and Withdrawals

A lot of the time, operators will also attach a maximum win on a bet. This will apply to any wager, including parlay bets. The maximum win might be somewhere around $100,000 USD, and is simply just another way books try to protect themselves from losing money. It's a good idea to keep an eye on what the maximum win is if you're planning on making a particularly big bet.

Books might also impose a limit on the amount you can withdraw at one time, or within a certain time window. For instance, you might have an account with an operator where you havea maximum withdrawal of $200 in a given day, so even if you win a few bets and have $1,000 you want to withdraw, you won't be able to do it all at once.

Pros & Cons of Ohio Betting Promo Codes

There are always going to be benefits and drawbacks to all of these OH sportsbook promos, which is why it's a really good idea to stay informed on what everyone is offering, and what kinds of terms and conditions each sportsbook is attaching to their sports betting bonuses. Below are a handful of pros and cons that we think you should probably keep in mind when looking for Ohio sports betting promo codes.

Positives of Promo Codes

✅ Bettors can expect to have a ton of different options to choose from, with varying programs offered by all of the different sites
✅ No deposit bonuses, deposit matches, and risk-free bets can offer super strong welcome incentives for new bettors, making it advantageous to open accounts and start playing
✅ When operators offer reduced juice wagers, parlay insurance, and boosted odds, it can make it easier and cheaper to win money off your bets!
✅ Reload bonuses and VIP rewards can make it worthwhile to stick with your preferred sportsbook, by accumulating points, free bets, or other rewards that sweeten the deal for you.

Negatives of Promo Codes

❌ Playthrough (or "rollover" requirements) can mean that bonus money isn't always as free as it looks. You might have to either bet more than you were expecting to or take longer than you expected to get to a point where you can cash in your winnings
❌ Time limits, minimum odds, and other terms and conditions can also make it harder to take advantage of bonus offers, by adding all kinds rules around how you have to bet your bonus money. The bonus money is real, it is there for you, but only if you satisfy the terms and conditions.

Get the Best Betting Site Offers in Ohio

All in all, it's a great idea to look around and browse all the various OH betting promos that are available to you when you start betting. There are inevitably going to be many offerings that can provide what is basically free money. You can see each operator's bonuses and our promo codes in our sportsbook reviews.

It is worth the effort to keep on the lookout for the next promo for OH sportsbooks that you can use. Even if there are little catches, at the end of the day sportsbooks are spending a lot of money in promotions in an effort to get your business, and you're in a great position to benefit from that. So search away, and we wish you the best of luck finding the best possible sports betting promo code, now.

Ohio Sportsbook Promo Codes FAQ

Contributors

Julian Miller is a student, freelance writer and avid sports fan. He currently lives and works in Quebec, Canada, and is committed to providing up-to-date information on all things sports betting in North America.

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