Ohio Sports Betting News

Written by:
Don Shapiro
Published on:

Regulated OH Sports Betting Sites

There are currently 22 sports betting companies regulated in the state of Ohio and countless kiosks spread across the state found in bars, grocery stores, gas stations, restaurants and more venues.  This makes Ohio the most open of the US states when it comes to sports gambling availability. 

Betting companies include: bet365, DraftKings, FanDuel, PointsBet, BetRivers, Caesars, BetMGM, Tipico, BetFred, Superbook, Betway, Hard Rock, Barstool Sports, Betr, MVGBet (Betly), betJACK, WynnBET, Bally Bet, betPARX, Fanatics, Out the Gate, Underdog.

Restrictions and Tax

You will pay 25% on all winnings when you provide your SSN and 28% when you do not.  Some sites will require you to do so however. Additionally, a state tax of 4% will be taken from your winnings.

*This website you are reading now, Gambling911.com, does not engage in any type of affiliate profit sharing or receive a percentage of player losses

Ohio Sportsbook News

Alabama Baseball Suspicious Bets Were Made From Cincinnati

(May 2, 2023) - The shocking revelations continued to roll in related to Ohio regulators shutting down betting on games that feature the Alabama Crimson Tide baseball team.

Matthew Schuler, executive director of the Ohio Casino Control Commission, was notified of "suspicious betting" on Friday night's game between Alabama and LSU.  The Tigers ultimately won that game.

Louisiana regulators were alerted as well. 

Both regulators were told of the suspicious betting by officials with U.S. Integrity.  They are tasked with monitoring this type of activity.

While Ohio did not elaborate on the specific details of what they were told, the chairman of the Louisiana Gaming Control Board, Ronnie Johns, described the bet in question.

"There were a couple of bets made in Cincinnati, Ohio," Johns said. "One was on a parlay which involved the LSU-Alabama game, and then there was another straight-up (money line) bet, I was told it was a large bet that involved LSU-Alabama."

"In this instance, the line, I think, moved very dramatically and the game took a very odd turn where the inferior team started to make a huge run," said California attorney Baird Fogel, co-head of the global sports practice for Eversheds Sutherland. "This could all be conjecture, it could all be a coincidence. That’s the wonder of sports betting. Sometimes weird things happen."

Sports Betting is a Loser for the Ohio Lottery, So Far

(April 29, 2023) - Sports betting has generated millions of dollars in revenue, but the Ohio Lottery’s piece of the pie is so small that it’s been a losing proposition for both the Lottery and state coffers in what’s still a young industry. 

The bars and similar venues that offer kiosks have taken in only a sliver of the overall sports betting pie.  This is the only form of the activity under the lottery's umbrella.  Mobile and casino are not. 

Just over $3.2 million in bets were placed at the kiosks through March, netting $350,000 in revenue.

The Ohio Lottery’s share was $28,376 in January, $13,814 in February and $33,283 in March — for a total of $75,473 this year.  Sports betting in Ohio only launched on January 1 of this year.

We would note that the lottery's only expense is $650,000 on staffing each year.

Read More Here

DOJ Claims Former Speaker of the House at Center of Ohio Sports Betting Pay-To-Play Scheme

(April 29, 2023) -An Ohio politician is accused by the U.S. Justice Department of bribery in trying to bring legalized sports betting to the Buckeye State.

The former Ohio House Speaker Larry Householder is facing federal charges for his alleged role in the $60 million scheme centered around FirstEnergy and House Bill 6.

Also charged in the matter, a one-time Ohio lobbyist who committed suicide in 2021.  Read More Here

- Don Shapiro, Gambling911.com

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