Best Ohio sportsbook promos in 2023

Types of Ohio sportsbook promos

Most Ohio sports betting promos and bonus offers will be part of a hefty welcome offer that seems too good to be true. But most of these bonuses have terms and conditions attached to bring them back to Earth.

Learning the difference between the types of welcome promos and how you can determine their actual value is essential for navigating what mobile sports betting apps in Ohio has to offer.

Sign-up promos

You’ll see one of the biggest sports betting promos right at the start of your sportsbook experience. Sportsbooks in Ohio offer competitive registration offers and bonuses to onboard new users.

We have seen some of the top sign-up bonuses at sportsbooks in Ohio include initial insurance bets between $1,000 and $5,000. Others may offer deposit bonuses, no deposit bonuses, or matched deposit bonuses.

Ongoing promos

Another feature to look out for when choosing your Ohio sportsbooks is whether it offers a rewards program for its bettors. These rewards programs are usually split into tiers. Bettors receive points for each bet they place, slowly raising them among the ranks of users on the platform.

Bettors can sometimes use their points to place other bets, take advantage of exclusive betting options, cash out, or exchange them for physical prizes on the online sportsbook store.

Certain sportsbooks in Ohio may also offer sports betting promos during specific seasons, such as the NFL season, enticing bettors to step up and place their wagers as soon as the season begins.

Other ongoing sports betting promos include daily, weekly, or monthly user competitions. These are great opportunities for both competition and additional winnings apart from your typical sports wagers.

Insured bets vs bet credits

One of the most popular and regularly used welcome incentives among sportsbooks is the insured bet offer. So, if you’re registering for the first time at sportsbooks, seek for special offers that will provide you with better benefits. Here, we’ll explain the benefits of looking for a bonus code in Ohio.

Insured bets and bet credits seem similar at first glance. But, there is a big difference between the two. An insured bet is the type of bonus that the site offers most often. But – you do not always receive bonus funds with these bets.

Instead, after you deposit money to your account, you use your own banking funds to place a bet, and the sports betting promos take over from there. If you win the bet, then nothing happens; you collect your winnings and proceed with your betting experience.

However, if you lose the bet, the sportsbook will reimburse the bet amount (up to the limit) with the site credit. The operators limit these bets with minimum and maximum odds and a maximum amount they’ll reimburse. You should expect a playthrough requirement on your winnings.

Ohio bet credits do not require you to bet any of your own funds, instead of giving you site credit right off the bat to bet with. These can be no-deposit bets, or they might require you to make a deposit to unlock. These are not as common as other bet types, but they are a great way to get started if you have the opportunity.

If you win, you still need to play through the total of your winnings a certain number of times before withdrawing them.

Matched deposits

The second most common bonus you see with bigger brands is a matched deposit. When using these, a bookmaker will add additional funds to your account depending on how much you first deposit. But keep in mind this is not as straightforward as it sounds.

A matched deposit sportsbook bonus in Ohio is only dollar for dollar if it is set at 100%. Anything less, and you are getting a smaller portion matched. You probably will not see anything higher that matches your funds and then some.

Paying attention to the percentage is important, especially when looking at two sportsbooks offering the same maximum match. Even if they match your deposit up to $1,000, the sportsbook with a 20% match will require more from you than the one matching 50%.

You will also get more of a bonus from a small deposit with a 50% match.

Make sure you clear any requirements for deposit matches active from the best Ohio sports betting promo codes. These usually include meeting a minimum threshold that might be larger than their minimum deposit and playing through the bonus in a certain period.

Reloads

A reload bonus is another form of a matched deposit, but it only applies to deposits made by existing customers. These can be a great way to retain and reward those who use the sportsbook, and they might be offered on a case-by-case basis.

Reload bonuses tend to have a lower match threshold than the initial deposit match. For example, you may have had a 50% match up to $1,000 to start, but those numbers are likely to fall when you get around to reload bonuses.

Still, a 10% match up to $50 is money you did not have before. If you need to make a deposit now or in the future anyway, then it is an effortless bonus that can easily multiply.

Odds boosts

Odds boosts are offered regularly to increase the amount that you could win on a specific bet. You can identify them either by advertisements on the sportsbooks or by their odds appearing to work more in the bettor’s favor.

Boosted odds are made possible by a site reducing the amount of commission they make off your bet. They can even remove the vig completely, giving you a chance to make a full return on your bet.

Sportsbooks rotate odds boosts for many reasons. They might have a new feature or sport they are offering. Or there may be a big event coming up. Either way, expect to see odds boosts where your attention is wanted.

As long as you have the proper research to back up your claim, odds boosts can be a great tool for improving your winnings. Otherwise, betting on boosted odds without doing research is still throwing money away.

Sports-specific promotion

This is a special kind of the best Ohio sports betting promo codes that is exclusively valid for one sport or athletic event. So, if you’re a sports lover, it could be worth keeping an eye out for Ohio betting deals that are specialized in your favorite sport.

A sports-specific promotion might be a sportsbook giving a bonus bet wager on the first-basket wager at a basketball game. Another example of this would be a wager credit of ten dollars when the bettor places a single-game parlay wager on an NHL game worth twenty-five dollars.

Loyalty bonuses in Ohio

If you shop around for odds, loyalty bonuses may not pay off. But if you find yourself preferring one sportsbook, then they can come in handy. Loyalty programs are an effortless way to reward you for what you would be doing otherwise.

Sportsbook rewards programs

While not all bookmakers offer rewards programs, there is a good chance you will. At this point, most of the big names in sports betting have some sort of rewards system in place to improve your betting experience.

These rewards programs usually award points depending on the number of bets you place. And any bonus points attached to certain bets. Once you hit a certain point, you can redeem these points for different rewards, such as bonus bets or merchandise.

Most operators have different levels in their programs. You unlock each level by obtaining a certain number of points over a period of time. Thus, the more you frequent a sportsbook, the more you climb, and the more valuable the rewards get.

Earning with referrals

Operators also allow bettors to earn based on their ability to draw in new customers. So if you know anyone interested in sports betting, this can be an easy way to make money by giving them a place to bet.

If your bookmaker offers this, then they will give you a link or a code to share with others. The other person will use this to access the sportsbook and register; their account should then be noted for being referred by you.

You may need to wait for the other person to make a deposit or place a bet before you actually earn any rewards with this method. This is a great feature for serious bettors with large networks.