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DraftKings Ohio Promo: Bet $5, Get $150 Instantly

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Overview of DraftKings Ohio

DraftKings Sportsbook is one of the most popular betting companies in the United States and is available in most states which have legalised sports betting. DraftKings Ohio is exclusively available to those who live in or are in the state of Ohio. The sportsbook was officially launched in January 2023, following the legalisation of the sports betting in the state in December 2021.

DraftKings was one of the first sportsbooks to receive a license to operate in Ohio, and has become one of the most trusted and reliable brands in the industry. They offer a range of different markets for customers to place wagers on a variety of sports and leagues across the world, with plenty of exclusive offers and boosts for new and existing customers.

Overview of Ohio Exclusive: Bet $5, Get $150 Instantly

New customers are eligible for the DraftKings Ohio promo code of $150 in bonus bets instantly once you deposit $5.

To claim your offer, you must create an account with DraftKings and make a first deposit. Once you bet $5 or more on any sport of your choice, your account will instantly be credited with $150 in bonus bets. You will also be rewarded a bonus bet back if your Same Game Parlay/Extra bet loses. So regardless of if you win or lose, you will be given $150 to use freely throughout the site. Users will be able to withdraw any winnings immediately. You will have seven days to use the DraftKings Ohio bonus bets before they expire.

DraftKings Ohio Launch Details

DraftKings Ohio went live in January 2023 when sports betting officially became legal in the state. The sportsbook offers odds on a range of sports including football and basketball.

Users can visit the DraftKings website or app to sign up before they start betting. You can also place bets and follow the games live in-play. Furthermore, the site offers a Daily Fantasy portion which can be paired with your sportsbook account.

What Sports are Available at DraftKings Ohio?

DraftKings Sportsbook Ohio offers customers a wide range of sports markets, with 18 different sports to choose from. You can bet on any sports league of your choice, from NFL and NBA to MLB and NHL, in addition to UFC.

College sports betting is now allowed in the state of Ohio, meaning you can now place wagers on NCAA games and teams such as the Ohio State Buckeyes.


Here is a list of sports currently available at DraftKings Ohio:

  • Australian Rules Football (Aussie Rules)
  • Baseball
  • Basketball (NBA & NCAA, plus international leagues)
  • Boxing
  • Cricket
  • Darts
  • Football (NFL & NCAA)
  • Golf
  • Hockey
  • MMA
  • Motorsports
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball

What Bet Types are Available at DraftKings Ohio?

DraftKings Ohio Sportsbook offers plenty of different betting markets in a variety of sports. Here are some of the most popular markets you can bet on:


Moneyline:

Moneyline bets are placed on the outcome of a sporting event. This is the most traditional form of sports betting and is the most straightforward. DraftKings Sportsbook Ohio releases moneyline odds on the potential outcomes of a win or loss.


Spreads:

Spreads bets are a little more complicated than moneyline as bettors are required to be more accurate in wagering the outcome of a game. This form of betting is the most popular market for football and basketball games. DraftKings Sportsbook Ohio will give a handicap to the favorite team, for example -2.5 at odds -110, whilst the underdogs could have odds of -110 at +2.5. If you were to bet on the stronger team, they would have to win by at least three points to win the wager.


Totals:

Totals bets, also know as "over/under" are popular in multiple sports. This allows you to bet on the over/under for a range of different markets such as total points, runs or goals in a single game. Sportsbooks will have a number for each of these stats for customers to bet ‘over’ or ‘under’ on.


Prop Bets:

Prop bets allows customers to place bets on individual player stats or team stats, as well as in-game events, such as a player hitting a home run in baseball. In basketball you could bet on how many points a player will score or how many assists they make. Similarly, in football you can wager on how many receiving or rushing yards a player records, as well as the passing yards of a quarterback.


Parlays:

Parley bets allow bettors to place one or more bets and combine them into one multi-legged wager. Parlays require all legs of the bet to win for it to be paid out. The larger the parlay, the higher the odds and chances are of a bigger payout. DraftKing Sportsbook Ohio makes it easy for customers to place same game parlays.


Round Robins:

A round robin bet allows users to combine multiple parlays into one wager. This means that bettors can risk losing one or two legs of the wager and still generate a return. The purpose of this is to increase the chances of winning whilst spreading the risk across multiple outcomes.


Teasers:

A teaser bet is another type of parlay in which the bettor is able to change the point spread. You can do this for two or more games, though the easier the bet, the smaller the potential payout.


Futures:

Futures are bets that are long-term events. One of the most popular future bets is predicting the winner of the Super Bowl. Alternatively, you can place a wager on the NBA Champions or World Series winners. In addition, you can bet on teams to win their conference or miss the playoffs, and player awards such as the MVP.


Live Bets:

Live bets are wagers that are placed during the game. DraftKings Sportsbook Ohio offers a number of different markets in-game such as game results. Odds will change throughout depending on events in the game.

The most popular sports league to bet on in the United States is the NFL, so most bettors will look to place wagers on Ohio’s two football teams. You will be able to find a number of different markets for the Cincinnati Bengals and Cleveland Browns. This includes NFL money lines, spreads and individual player props. Alternatively, you may place a future wager on either team to win their division, win the Super Bowl or even miss the playoffs. Player props are also a popular avenue of sports betting, and the Bengals possess a number of players who are typically good value for money. Joe Burrow, the star QB, and Ja’Marr Chase, one of the league’s best receivers, are two who many will place wagers on for their game stats.

Similarly, you can bet on the same type of wagers for other sports such as baseball, with the Cincinnati Reds and Cleveland Guardians, or basketball with the Cleveland Cavaliers. Now there are no restrictions on college sports betting, the Ohio State Buckeyes are another popular team to keep an eye on.

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