Ohio sports betting: Updated list of the best sportsbook promos & bonuses

By now, you may have heard that the state of Ohio legalized sports betting at the turn of the New Year. What you may not know is that all residents living in the state can secure some massive sportsbook bonuses as first-time members. With this Ohio sports betting update, we’ll list platforms such as DraftKings, FanDuel, Caesars, PointsBet and BetMGM that are all being extra generous to begin 2023.

With so much excitement surrounding this time, why not take full advantage of the opportunity for bet insurance, bonus bets and more? We’re about to dive into the information on all your possible welcome offers below.

Ohio sports betting update: The best promotions and sign-up bonuses

Just because Ohio Launch Day was on January 1 doesn’t mean you still don’t have time to claim your many welcome offers. In fact, you still have plenty of time to do so, and our Ohio sports betting update will get in-depth with every possible one. But first, as a general outline, here’s the list of bonuses that we’re about to take a look at.

DraftKings Ohio promo code and sign-up bonus

Our Ohio sports betting update starts off with DraftKings Sportsbook, one of the most popular names in the industry. What’s helped propel them in popularity is their generosity, which is again on full display here. New members who sign up today will instantly receive bonus bets totaling $200.

All you’ll have to do after getting an account up and running is make an initial deposit of $5+ and then place a wager of at least $5 on whatever you please. You’ll then receive eight separate bet credits for $200 worth of bonus bets. One of the best parts about this deal is that there’s no DraftKings Ohio promo code needed to claim your offer. Simply click here to register for a new account, and you’ll be headed in the right direction.

FanDuel Ohio promo code and sign-up bonus

If you’ve heard of the previous platform we just highlighted, then you’ve probably heard of this one as well: FanDuel. They frequently change up their many promotions, but in our Ohio sports betting update, we’ll fill you in on their current one. Much like before, when you register here, for a new account, you’ll then receive $200 worth of bonus bets.

Once you’ve completed the sign-up process, simply make an initial deposit and place a $5 wager on any available market. The outcome of your qualifying wager doesn’t even matter, as you’ll be issued your $200 worth of bonus bets regardless of what happens. There’s again no FanDuel Ohio promo code required if you sign up using this link.

Caesars Ohio promo code and sign-up bonus

This offer from Caesars Sportsbook will take our Ohio sports betting update in a bit of a different direction. To start, there is indeed a promo code necessary to secure this bonus when signing up, and that would be PICKSWISE1BET. After using this Caesars Ohio promo code, you will receive first-bet insurance up to a generous $1,500 on your first cash wager.

You’ll be able to place a wager on any available market without worrying if it wins or loses. If it wins, you’ll be paid out as normal. And if it loses, your account will receive a bonus bet credit of the same amount you wagered up to $1,500. This is a fantastic opportunity, and it’s all made possible by the Caesars Ohio promo code PICKSWISE1BET. It should auto-populate when you use this link to register, but be sure to enter it in if not.

PointsBet Ohio promo code and sign-up bonus

PointsBet presents another pivot of direction in our Ohio sports betting update. This is actually a multi-day offer as new members who register today will earn the chance to receive rewards five days in a row. Your first fixed odds cash wager of the day for five consecutive days is fully insured up to $100 each. Add that up, and that’s a total of $500 up for grabs here. 

Just like previously stated, bet insurance will credit you with a free bet of the same amount you wagered if your selection loses. So if you were taking full advantage of this offer, you could place a $100 wager for five days straight, and if they all lose, your account will be credited with $500 in bonus bets. Click here to try it out for yourself without using a PointsBet Ohio promo code.

BetMGM Ohio promo code and sign-up bonus

The last, but certainly not least, of our Ohio sports betting update offers comes from BetMGM Sportsbook. We’ll stick with the whole bet insurance theme again with this one, except this time, there’s $1,000 in bonus bets for the taking. Your first wager on their platform after signing up is fully insured with a bonus bet credit up to that amount. 

BetMGM knows that bettors like to move swiftly, so if your qualifying wager indeed lands unsuccessful and you’re credited with a bonus bet, it will arrive in your account within 24 hours of your qualifying wager settling. There’s no BetMGM promo code required for this offer when using this link, so why not give it a shot? Even if you choose a losing selection, you can still walk away with a bonus bet of up to $1,000.

Sports betting is finally legal in Ohio

Since we’re giving you an Ohio sports betting update regarding promotions and bonuses, it’s fairly obvious that it’s legal to do so in the state. This is a recent change, however, as this just went into effect at the start of the New Year. The states where sports betting is now legal include AZ, CO, CT, IA, IL, IN, KS, LA, MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV and WY.

How do you start your betting journey as an Ohio resident?

You can be sure that you’ll have an unforgettable experience as a first-time sports gambler by taking full advantage of the many welcome offers at your display. That’s mainly why we constructed this Ohio sports betting update laying out all of your possible opportunities. The great length at which we just examined them might’ve been a tad overwhelming, so to recap, here’s a list of everything that was discussed today: 

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Virginia Bonuses

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FanDuel Sportsbook
Bet $5+ on Lions vs. Packers and Receive $200 in Bonus Bets!

Sign up for a new FanDuel Sportsbook account

Bet $5 on any sporting event

Receive $200 in Bonus Bets

Must be 21+. First online real money wager only. $10 first deposit required. Bonus issued as non-withdrawable free bets that expire 14 days after receipt. See full terms at fanduel.com/sportsbook. Gambling problem? Call 1-800-GAMBLER. 21+
Bet $1 and Get $365 in Bonus Bets!

Register for a new bet365 account

Place qualifying bets of $1 or more

Get $365 in bonus bets - no matter if your bet wins or loses

Gambling problem? Call 1-800-GAMBLER. 21+. Physically present in OH, CO, NJ, VA, IA. Eligibility restrictions apply. Subject to regulatory licensing requirements. Opt-in req. Valid 1 per customer.
Bet $5 on Lions vs. Packers, Get $200 in Bonus Bets Instantly + Up to $150 in No Sweat Bets!

Sign up for a new account with DraftKings Sportsbook and make your first deposit

Bet $5+ on any sports market and get $200 in bonus bets instantly

Plus up to $150 back in bonus bets if your team loses!

Gambling Problem? Call 877-8-HOPENY/text HOPENY (467369) (NY), If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (CO/IL/IN/LA/MD/MI/NJ/PA/TN/WV/WY), 1-800-NEXT STEP (AZ), 1-800-522-4700 (KS), 888-789-7777/visit ccpg.org (CT), 1-800-BETS OFF (IA), or 1-888-532-3500 (VA). 21+ (18+ WY). Physically present in AZ/CO/CT/IL/IN/IA/KS/LA(select parishes)/MD/MI/NJ/NY/PA/TN/VA/WV/WY only. Void in OH/ONT. Eligibility restrictions apply. Valid 1 per new customer. Min. $5 deposit. Min. $5 bet. $200 issued as bonus bets that expire 7 days (168 hours) after being awarded. See terms at sportsbook.draftkings.com.
Caesars Sportsbook
$1,000 First Bet on Caesars for Lions vs. Packers!

Sign up for a new Caesars Sportsbook account and Place your 1st wager of $10 or more

Place your first wager of $50 or more and get $50 bonus bet upon settlement of your first wager

You will receive an additional $50 bonus bet each subsequent Monday

21+. New users and first wager only. Must register with eligible promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Min. bet $50; must be used within 14 days of receipt. See Caesars.com/promos for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER
Get $1,500 Paid Back in Bonus Bets if you Don't Win Your First Bet on Lions vs. Packers!

Register for a new BetMGM account & deposit

Place your first bet up to $1,500!

Get refunded up to $1,500 in bonus bets if you don't win

Gambling problem? Call 1-800-GAMBLER CO, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY, MA 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York or Ontario
Bet $50, Get $111 in Fred Bets + Up To $1,000 Back!

Sign up for a new account with Betfred Sports and make your first deposit

Place a $50 wager on any sport

Get $111 in Fred Bets + Up To $1,000 Back in Losses over 5 Week!

Must be 21+. T&Cs apply. Wagers only accepted in CO, AZ, IA, OH, VA, MD. Full terms available from Betfred Sports.
Get Up To $1,000 in Second Chance Bets!

Sign up for a new PointsBet account

If any of your first 10 cash bets lose (first bet per day for 10 days)

You will receive Bonus Bet(s) in the amount of the losing wager(s), up to $100 each.

Must be 21+. Full terms are available at PointsBet. Gambling problem? Call 1-800-GAMBLER. 21+. Physically present in. Eligibility restrictions apply. Subject to regulatory licensing requirements. Opt-in req. Valid 1 per customer.
Get up to $500 Back in Bonus Bets if your First Bet Doesn't Win

Sign up for a new BetRivers account using promo code SPORTS

Make your first deposit & and bet up to $500

If your first bet loses, get up to $500 back in bonus bets

Must be 21+. Gambling Problem? Call 1-800-BETS OFF
Get a $1,000 Deposit Bonus

Create a new DraftKings Sportsbook account and make your first deposit (min $5)

DraftKings will match 20% of your deposit up to $1,000 total

To get a $100 bonus, deposit $500

21+. Terms & conditions apply.
Underdog Fantasy
First deposit is 100% matched up to $500 with Underdog Fantasy!

Sign up for a new account with Underdog Fantasy

Make your first deposit

Every dollar (up to $500) will be matched! Deposit $25, get $50; deposit $100, get $200, etc

Must be 21+ to play. Terms & conditions apply
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