DraftKings Sportsbook Ohio – $1,250 Welcome Bonus

Does DraftKings Ohio have a sign-up bonus?

Yes, DraftKings has a strong new user special. Your first deposit is matched at a 20% clip for a maximum of $1,000 in bonus funds. When you make that deposit, you are also awarded a $50 bonus bet. And when you make your first wager of at least $5, you’ll receive $200 more in bonus bets.

There is no DraftKings Ohio promo code needed to claim these welcome bonuses.

How to claim the DraftKings sign-up bonuses for Ohio

DraftKings’ matching deposit bonus is the largest piece of the welcome offer. Let’s walk through how it works.

Again, no DraftKings sportsbook bonus code is required in Ohio. This offer will automatically be applied when you make your first deposit. You receive DraftKings bonus money totalling 20% of that initial deposit. To receive the maximum available amount of $1,000, you would need to make a deposit of $5,000 or more. But of course you do not need to deposit that amount. Choose the right amount for your situation, and collect your 20% extra.

Unlocking the bonus funds comes in stages. For every $25 in qualifying wagers you make at the DraftKings online sportsbook, $1 in bonus funds is released to your account. There is a condition — the bets must have odds of -300 or greater.

You have 90 days to clear your DraftKings bonus funds before they expire, so that may impact the amount you decide to deposit as well. Although if you don’t clear the entire amount, you still keep whatever you’ve cleared so far at the 90-day mark. it’s not an all or nothing situation!

Using DraftKings Sportsbook bonus money

The good news is that the bonus money works similar to cash at DraftKings. While you can’t withdraw it, you can wager it how you choose. And you can withdraw any money you win using bonus funds immediately.

$50 bonus bet at DraftKings

This is the other deposit bonus you’ll receive when you make a first deposit at DraftKings Sportsbook. You can check that you have received your bonus bet after your first deposit by clicking “Promos” and then choosing “My Rewards.”

To place a bonus bet on DraftKings Sportsbook, you first need to select a bet and then open your bet slip. The bonus bet option will appear on your slip below the bet itself. Simply check the bonus bet box and place the wager.

Note that you receive only the prize money from wagers that you place with bonus bets, not the listed value of the bonus bet. For instance, a $50 bonus bet with odds of +200 that is successful would result in $100 hitting your account (not $150, which you would expect if you had made the $50 bet with cash — $100 in winnings plus the return of your $50 stake).

Are the DraftKings welcome bonuses good?

Yes, they are strong overall. The deposit match funds requiring a 25x playthrough rate and only matching your deposit 20% are average. As for the bonus bets, there’s nothing not to like. So combined, it’s an attractive way to get started at DraftKings sportsbook Ohio.

We also appreciate that DraftKings Ohio doesn’t require a promo code to activate the offer. Just head over to the new player landing page and you’ll automatically be included.

Is DraftKings sportsbook legit?

Yes, DraftKings is a trustworthy sportsbook. Not only is it licensed in Ohio, it also operates in almost every state where online sports betting is legal.  DraftKings has a proven history as a reputable organization.

In Ohio, DraftKings is partnered with Hollywood Casino in Toledo for licensing purposes. Like all legitimate online sportsbooks in Ohio, DraftKings is licensed and regulated by the Ohio Casino Control Commission.

Sports wagering rules in Ohio

To bet at DraftKings Sportsbook in Ohio you need to be of legal betting age and be in the state when placing any bets. The sportsbook will check your identity and age when you sign up, and it will check your location whenever you use the app or website. If you’re not in Ohio, or another state where the DraftKings sportsbook is legal, you won’t be able to wager.

Unlike some other states, Ohio rules do not restrict betting on local college teams. So you can bet on the Buckeyes, Bearcats or Bobcats (among many others)!

This Week at DraftKings Sportsbook Ohio – May 29-June 4

There are very few bigger weeks than this one in the world of sports, with two major leagues nearing their championship finals, and plenty more happening across the world. As per usual, DraftKings Sportsbook is one of the best places to bet on this week’s action, with great odds plus excellent promos. Here’s just a brief rundown of what you can look forward to this week:

Both the NBA Finals and Stanley Cup Finals start this week. In the NBA, the top-seeded Denver Nuggets face the Miami Heat, the No. 8 seed in the East. While in the NHL, the Florida Panthers and Vegas Golden Knights will battle it out for the right to lift the Stanley Cup.

And as usual, there’s more regular season action on the cards in the MLB. The Cleveland Guardians will start their week with three games against the Baltimore Orioles, while the Cincinnati Reds have three games against the Boston Red Sox at Fenway Park to look forward to.

On the other side of the Atlantic, there’s plenty of action coming up in both tennis and soccer. The French Open is on now in Paris, with the elite of the ATP and WTA looking to make a splash at the second grand slam of the year. Favorites to win the men’s tournament include Carlos Alcaraz (+160) and Novak Djokovic (+225).

Meanwhile, in English soccer, it’s newly-crowned Premier League champions Manchester City (-225) against rivals Manchester United (+450) in the final of the F.A. Cup. The game takes place on Saturday, June 3, at the iconic Wembley Stadium.

You can also claim some exciting promotions at DraftKings Ohio this week:

• New Customer Deposit Bonus: Get up to $1,250 in bonus bets when you join DraftKings Sportsbook Ohio. You’ll get a $50 bonus bet when you make your first deposit. That initial deposit also is matched 20% for up to $1,000. And when you bet $5 cash on a moneyline, you’ll get $200 in bonus bets.
• No Sweat Bets: Check the promos page for bet insurance offers, which net you your stake back (in bonus bets) up to a pre-set amount (e.g. $25) if you make an eligible bet that loses.
• MLB Stepped Up SGPs: Get up to a 100% profit boost on your Major League Baseball same-game parlays at DraftKings Sportsbook Ohio.

Signing up at DraftKings Ohio

To create an account at DraftKings Sportsbook in Ohio, head to the sportsbook website and click the sign-up button. If you already are a member of the DFS site, you will be able to select “Log In” to register with that account. Otherwise you will enter the following information:

• Name
• Home address
• Email
• Cellphone
• Birthdate
• Social Security number (last four digits)

You also will create a username and password and confirm that you are of legal betting age. Sometimes DraftKings is unable to confirm your identity. If that happens, you must submit a photo ID, such as a driver’s license.

DraftKings does not use a promo code in Ohio to activate welcome offers, so you don’t need to worry about that when signing up.

When did DraftKings Sportsbook come online in Ohio?

DraftKings online sportsbook launched in Ohio on January 1, 2023, as the clock struck midnight on New Year’s Eve.

The Ohio House Bill 29 cleared both legislative chambers and was signed into law shortly thereafter, on December 22, 2021. It was subsequently announced that regulated sportsbooks would launch this coming New Year’s Day. Given its history of being at the forefront of any new state rolling out regulated sportsbooks, and the fact that it has already gone live with a pre-launch offer for Ohio users who sign up now, we have zero doubt that DraftKings will be among the very first to be open for action.

DraftKings is licensed by the Ohio Casino Control Commission, in partnership with Hollywood Casino in Toledo.

The DraftKings sportsbook app

The DraftKings sports betting app is available for free on Android and iOS devices. To download it, head to the sportsbook’s mobile website and select either the “Get it on Google Play” option or “Download on the App Store.” Once it’s downloaded, you’ll be able to use it to start betting.

DraftKings promotions

While some promotions at DraftKings appear in the scrolling marquee at the top of the app and website, you’ll want to click the “Promos” link to make sure you are seeing all of them.

You’ll find an assortment of DraftKings promos. Here are some of the most common ones:

• Insurance offers: Receive your money back (as a bonus bet) if your bet loses and you meet certain conditions. For instance, if you bet on a player to score the first basket of an NBA game, you’ll get your money back in the form of a bonus bet if he scores the second or third basket.
• Boosts: For odds boosts, DraftKings takes a specific bet and increases the odds. For profit boosts, DraftKings allows you to choose the wager, and your profits will increase by anywhere from 10% up to 200%.
• No-brainers: You’ll see offers from time to time on bets that are all but guaranteed to win. The amount you can wager — and win — is usually capped at around $10 to $25.

DraftKings loyalty club

For each dollar you wager at the sportsbook and DFS site, you will receive Crowns. You can redeem 550 Crowns for $1 in DraftKings dollars that you can wager just like regular money.

Additionally, when you visit the DraftKings promotions page, you’ll see a section labeled “Missions.” You can complete missions for rewards. For instance: “Place a $75 bet on three consecutive days and earn a $15 bonus bet.” You’ll have a deadline for when you need to opt in to the promotion and for when you need to complete the mission by.

Best things about the DraftKings Sportsbook app

Here are some of our favorite features of DraftKings sports betting:

• Rewards and promotions to spare: Between the regular promotions and the ability to accrue DK dollars with every bet you place, DraftKings offers a variety of benefits. The only sportsbook that we think compares in terms of promotions is FanDuel.
• Stats and DK Nation: If you plan on doing any research before betting, DraftKings has you covered with its stats hub and DK Nation, which offers both sports betting and DFS advice. You also can click on the stats bar for individual games and see how each team has been performing.
• Pools and daily fantasy offerings: If you’re not familiar with pools, think of them as a combo sports betting-DFS offering. You answer a series of questions for games, and then the top scorers receive winnings just like you would with a DFS contest. DraftKings even has free pools where you can win real money, and finishing in the money isn’t an impossible endeavor.

Ways the DraftKings app could improve

While we don’t believe any of these are big enough drawbacks to prevent you from joining DraftKings Ohio, they still are areas that could do with improving:

• Lack of withdrawal choices: Right now you can cash out from DraftKings using PayPal or you can receive a check in the mail. Obviously if you have a PayPal account this should be sufficient, but for anyone else, the lack of more choices definitely is a bit of a letdown. The last thing you want to do after a big win is wait a week or more for a check to come in the mail.
• No odds boosts: While DraftKings has a plethora of promotions, odds boosts are not one of them. Four of DraftKings’ biggest rivals (FanDuel, PointsBet Sportsbook, Caesars, and BetMGM) had a dedicated odds boosts page.
• Somewhat glitchy app: As great as the DraftKings app and website are most of the time, there still are instances where it can be annoying. The biggest issues tend to be not being able to opt in to promos and not being able to use promos via your bet slip. Most of the time, it just requires re-adding a bet to your slip or clicking on a promotion multiple times. It still can be a hassle, though.

Betting markets at DraftKings

Your options at DraftKings online sportsbook include moneyline and spread bets, totals and props, futures, parlays and other types of multi-wagers. Here is what a game listing looks like at DraftKings, followed by an explanation of the various bets.

How moneyline odds work

Moneyline betting odds tell you how much money you’ll win if your bet is correct.

Positive odds signify how much you’d win for a correct $100 bet. So, if you place a $100 moneyline bet on the Reds, you stand to win $160. Negative odds, meanwhile, show how much you must risk for a chance to win back $100. A $190 bet on the Indians, then, would pay out $100.

Run line betting for baseball

The run line is baseball’s version of the point spread that you’ll see in basketball or football. Cleveland’s run line is -1.5. Think of this as subtracting 1.5 from its total score when the game ends. If the Indians are still leading after this deduction, your bet on them wins. As you might expect, Cincinnati’s run line of +1.5 means add 1.5 to that side at the end of the game. If the Reds are leading after the addition, you win.

What are totals?

Totals are wagers on the total combined score of both teams. In this case, the number is 7.5, so you can bet over or under that number. For a final score of 4-3, for instance, under wagers would win.

How does prop betting work?

Prop bets are wagers on whether a certain event will take place in a game. For the game above, for example, you could bet whether Jesse Winker will hit a home run or whether Luis Castillo will have over or under 5.5 strikeouts or which team will be the first team to score five runs. The prop betting options at DraftKings are some of the most abundant you’ll come across at any Ohio sportsbook.

Placing futures bets

While all bets are on something that hasn’t happened yet, futures bets refer to wagers on more long-term events. Betting on teams to win championships is a common option. DraftKings online sportsbook also has futures for players to win awards, lead their leagues in various statistical categories, when they’ll be drafted, and much more.

Parlays and other multi-bets

In addition to parlay sports bets, you’ll also find teasers and round robins at DraftKings. These wagers allow you to group individual wagers together for larger potential payouts. For example, suppose you want to bet on the Cincinnati Bengals, Cleveland Browns, Baltimore Ravens and Pittsburgh Steelers all to cover the spread in their games.

For a parlay, you would join those bets together. If each had odds of around -110 individually, a $10 bet will end up winning you in the neighborhood of $140. However, you only win if each of your individual picks is correct. With a teaser, you could move the line for each of the games in your favor, say by six points. This makes it more likely that you win, but your potential payout is much less. And round robins group the wagers in such a way that you can still win some money even if you miss a pick.

Live betting options at DraftKings

With live betting, also called in game betting, you can wager on games that have already started. Most of the same betting choices are available for live betting, but at DraftKings you have many more options, as well. For example, during a baseball game you could wager on what the result of the next pitch will be or whether the batter will get a hit. Keep in mind that the live betting odds will rapidly change to reflect what is happening on the field.

Betting on the Columbus Crew and FC Cincinnati at DraftKings

You can wager on both the Columbus Crew and FC Cincinnati, plus find MLS odds for other soccer teams at DraftKings. Soccer betting is moderately different from other sports betting, though, so here are some additional wagers you’ll run across:

• Three-way moneylines: Since soccer games can end in draws, it makes sense that you can bet on that happening, as well as either Team A or Team B winning. Be aware that for games that go to extra time or a shootout, 90-minute three-way moneyline bets still pay based on what the score was at the end of regulation.
• Goal scorers: You also can bet on things like which player will score the game’s first or last goal, as well as betting on a specific player to score at any time in the game.
• Correct score: Place a bet on the exact score of the game.
• Corners: DraftKings also offers plenty of corners markets. You can wager on the team that will have more corner kicks, how many total corners there will be and even whether there will be a corner kick within a game’s first 10 minutes. Learn more about corner betting.

Banking at DraftKings

DraftKings has plenty of choices for depositing money into your account, but as we mentioned in the “What won’t I like about DraftKings Sportsbook app?” Section your options for withdrawing money are very slim.

Deposits

With the exception of wire transfers, which can take a day or two and have a $100 minimum, the DraftKings deposit methods are near instant and have a minimum of $5. Here’s a list of your options:

• Credit/debit card
• PayPal
• ACH (e-check)
• Online Bank Transfer
• Wire Transfer
• DraftKings Play+ Prepaid Debit Card
• DraftKings Gift Card

Withdrawals

More options may become available, but for now here are your best withdrawal options from DraftKings sportsbook Ohio:

• Check by mail — minimum of $15, takes 7-14 days
• PayPal — minimum of $1, takes 3-5 days

DraftKings customer support

If you have a question, start by making sure you’re logged into your account. Next, click on your account and choose “Contact Us.” You now will be able to fill out a form detailing your problem and you’ll then await an email.

To the right of the form is a small link that you can click to ask for a call back from a customer service representative. You also have the option of emailing DraftKings at [email protected] or messaging the DraftKings help desk on Twitter at @DK_Assist.

In addition to those choices, a final alternative is scrolling to the bottom of the page, clicking the FAQ and seeking a solution on your own.

DraftKings Ohio self-exclusion

If you want to set up restrictions or close your DraftKings Sportsbook account entirely, you can do so by clicking the “Responsible Gaming” link at the bottom of the page.

The page will provide information about responsible gambling practices and where to turn for help with a gambling addiction. Further down on the page are links for deposit limits, wagering limits and time limits.

Keep scrolling and you’ll see a self-exclusion form that you can fill out and send to DraftKings to shut your sportsbook account down. You can select a period of three, five or 10 years or forever. After submitting the form, there is no going back.

Can I bet at DraftKings Ohio Sportsbook in person?

DraftKings does not have a retail sportsbook in Ohio, so currently you cannot bet at DraftKings in person in the Buckeye State. With the DraftKings app, though, any location with internet access can work as a sportsbook.

DraftKings vs other Ohio sportsbooks

There is no question that DraftKings is one of the premier online sportsbooks in Ohio. It’s a back-and-forth race between the DraftKings app and FanDuel app, with the best option for you likely depending on personal preference.