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DraftKings Ohio Promo Code: Bet $5, Get $200 Instantly

Congrats Ohio, sports betting is live and you are able to bet with DraftKings. The DraftKings Sportsbook went live in Ohio on January 1, 2023.

DraftKings has long been known for their Daily Fantasy Sports offerings, but their online sportsbook and mobile app are some of the best betting options in the industry. Now that the Draftkings Sportsbook is legal in Ohio, you can wager on everything from college football to the NBA.

One of the best parts of launch day are the bonus offers, which sometimes includes bonus bets to use, bonus funds, and other promotions. While there is no welcome bonus or guaranteed match when you make your first deposit for this DraftKings Ohio launch, there are a couple of things to be excited about.

DraftKings Ohio Promo Code

DraftKings Ohio Promo Code
Bet $5, Get $200 Instantly

If you are an Ohio bettor you can get $200 in bonus bets after betting $5. Sign up for a DraftKing Sportsbook account and deposit $5. Next, make a $5 wager on any sports market to receive the $200 in bonus bets instantly. The bonus bets will be credited to your account as 8 $25 bets.

Here are the details:

  • Your bet doesn’t have to win to earn the $200 in bonus bets.
  • Bonus bets will be issued as 8 $25 bets in your account.
  • You must deposit and make a qualifying bet of $5.
DraftKings Ohio Promo Code
Bet $5, Get $200 Instantly

DraftKings Ohio Bonus Guide

Ohio sports bettors who sign up and make a bet of at least $5 will get the bonus bets. You can place the $5 wager in any market.

Tips on Using this DraftKings Ohio Promo Code

Find the right bet – Sportsbook lines are set for what the book and sports bettors are willing to spend on. Shop for the best lines before committing your funds. Sometimes sportsbooks have the exact same proposition at considerably different odds and shopping around can find you the best deal.

Using promos – Similar to shopping for the best lines, make sure you download the DraftKings Sportsbook app, and use the best promotions or bonus codes available. There are also

Parlay tip – Ohio state bettors should be aware DraftKings Same Game Parlays are worse bets than a traditional parlay.

Betting on Moneyline, totals and Spread – Options for sports betting in Ohio include traditional bets, including moneyline and spread bets, totals and props, futures, parlays and other types of multi-wagers.

DraftKings Welcome Offer Comparison to Other Sportsbooks

Vs. Fanduel Ohio – FanDuel Sportsbook is giving Ohio bettors a nice promo offer if they download and register in their app. New users who bet $5 will receive $200 in bonus bets credited to their account. After signing up, deposit $5 and place a bet on any market. You will receive $200 in bonus bets regardless of the result.

FanDuel Ohio Promo Code
Win or Lose Bet $5, Get $200 in bonus bets

Vs. BetMGM Ohio – New users in Ohio can get first bet insurance of up to $1,000 with BetMGM. You can place your first bet up to $1,000 and, if it loses, you’ll receive site credit up to your initial wager. Also, the sportsbook will have an offer for NBA, NFL, and NHL bets. If you bet $10 you can win $200. Let’s say you bet on the Cavs, if it wins, you win $200.

BetMGM Ohio Promo Code
First Bet Insurance up to $1000 paid in Site Credit

Vs. Caesars Ohio Promo – Your first bet up to $1,500 is on Caesars. It’s a no-risk bonus bet where if your first wager loses, you will receive your initial wager back in site credit up to $1,500.

Caesars Sportsbook Ohio Promo Code
Get Up To $1,500 On Caesars

For example, your first bet is a $1,000 bet on the Browns. The bet loses. Caesars will give you $1,000 in site credit. If your bet wins, you will be paid out based on the odds like normal.

Caesars Sportsbook is also doing an ultimate Cavs fan experience for the month of January. Opt-in and place a $10+ parlay or same-game parlay. The top 10 longest-odd parlays that win will score a Cleveland Cavaliers prize. The prizes include tickets, access to the Lexus Signature Lounge, and merchandise gift cards.

OH only. 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. Maximum bet credit $1,500; 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

Vs. PointsBet Ohio Promo – PointsBet is giving new users up to $2,000 in “Second Chance Bets.” These come in the form of up to $500 fixed-odds bet and up to $1,500 in a PointsBetting wager. If your first wager loses, you will be given bet credit up to the maximum for each bet type.

For example, you place a $300 bet on the Cavaliers to beat the Bucks. The Cavs end up losing the game. You will receive $300 in site credit in the form of a “Second Chance” bet.

PointsBet Ohio Promo Code
Up to $2,000 in Bet Credits with PointsBet second chance

Latest on the DraftKings Ohio Promo Code Offers

Beyond the DraftKings Ohio registration bonus, deposit bonus offers are made available often. The DraftKings Ohio Sportsbooks may add a deposit bonus for new players when sportsbooks go live in Ohio. See the FAQs below for more information.

DraftKings Ohio Promo Code
Bet $5, Get $200 Instantly

Important Features on DraftKings Ohio to Be Aware of:

Support – DraftKings launches have been smooth in most states, and their support team is located across the U.S.

Payments – Credit or Debit card, Online Banking, PayPal, Venmo, VIP ACH eCheck, Play Plus, Wire Transfer, and DraftKings Gift Card

Security – The DraftKings Sportsbook app and website allow for two-step verification and will check location periodically.

*Funds in your DraftKings account can be used for your DraftKings Sportsbook account or for DFS contests.

DraftKings Ohio Bet Types

Moneyline – A straight bet on a team to win their contest.

Spread – A popular legal online sports betting options, a spread bet is putting money on a team to cover a number that they are expected to win or lose by.

Totals – A bet on whether a contest will finish with more or fewer points than the given number.

Props – A popular sportsbook promo, prop bets cover lines on what players can accomplish, such as goals, home runs, tackles, and touchdown passes, among others.

Futures – Bets placed on future events such as league championships, division winners, and player awards, such as MVP or Comeback Player of the Year.

Parlays – A bet using multiple events combined to create better odds. Ohio residents will get a chance with DraftKings to bet Same Game Parlays online or with mobile sports betting.

DraftKings Ohio Sportsbook App Reviewed

The DraftKings Ohio Sportsbook app gives the state of Ohio one of the best all-around mobile apps in the industry. DK’s entry into the online and mobile betting market has both positive and negatives:

  • Functionality matters, and the DraftKings Sportsbook offers one of the best experiences in the space. Their mobile app is smooth, easy to find what you’re looking for, and has more options than most other apps.
  • Your Ohio account at DraftKings is good for both Daily Fantasy Sports and placing a bet at DraftKings Sportsbook. That is a huge advantage and something the Ohio Casino Control Commission had to approve, regardless of other states’ decisions.
  • The best DraftKings Sportsbook function is being able to navigate between every DK site with ease. Since online sports betting in Ohio will be brand new, users who already the DK from other states will be able to use one app, no matter what state you are in.
  • DraftKings also knows how to frustrate bettors. Live betting is a hassle because DK is one of the quickest to adjust live lines, which can happen in the middle of trying to place a quick bet sometimes.
  • Those adjustments can cause odd app reactions or time out, easily the most frustrating part of DraftKings Sportsbook.

How to Download the DraftKings Sportsbook Ohio App

The DraftKings Ohio app will be available on the Apple App Store or Google Play. Once you download the app, use this link to register for a DraftKings account, which only takes a few minutes to sign up for. However, the sportsbook will also need to verify your identity to make sure that you are a legal bettor. This requires some personal information and may take a few minutes following the creation of your account. Note: if DraftKings cannot verify your identity, then in this rare circumstance, it may ask for photo verification.

In order to create your account, you should have the following information on hand:

  • Full name
  • Last 4 digits of your SSN
  • Date of birth
  • Email
  • Mailing address

Pros & Cons of DraftKings Ohio Sports Betting?

DraftKings online and mobile offerings will be near the top of user experiences for the foreseeable future. As mentioned in the app review above, the app is smooth, and the online experience is excellent. Sign up with DraftKings Sportsbook in Ohio today!

DraftKings Ohio Promo Code
Bet $5, Get $200 Instantly

DraftKings Ohio FAQs

Where can I use DraftKings in Ohio?

Anywhere, as long as you can be found using the app or online location finder service needed to place wagers. You do not have to be an Ohio resident, but you will physically need to be inside Ohio state lines to place bets. You should be able to make bets online in Ohio as long as your geo-location can be verified.

Will DraftKings Ohio offer a deposit match?

There may be a DraftKings Ohio 20% bonus worth up to $ 1,000 when you make a first deposit. This is the deal that DraftKings Sportsbook is currently offering new users who sign up in other states.

We expect them to have multiple welcome offers for new users  now that Ohio is live.

Is DraftKings an Offshore Sportsbook?

No. DraftKings has two offices in the US, and one in the UK, all running as legitimate operations. DraftKings is a trustworthy sportsbook, licensed in Ohio, and operates in almost every state where online sports betting is legal. 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.

What are the Banking Options at DraftKings?

Deposits

With the exception of wire transfers, (which can take a day or two and have a $ 100 minimum), the DraftKings deposit methods are almost instantaneous and require a $ 5 minimum. 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 soon be available, but currently 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.

Is DraftKings legal in Ohio?

Yes. Sports betting is legal in the state of Ohio and sportsbooks are taking bets. Sign up ahead of time to take advantage of all their promotional offers.

What Promos does DraftKings offer?

DraftKings Ohio Sportsbook also has new offers and promotions daily. Some of the more common offers include:

  • Insurance: Get 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 a college basketball game, you’ll get your money back if he scores the second or third basket. DraftKings allows this to keep you interested and to keep your available balance high.
  • Boosts: DraftKings sometimes offers a boost in odds on a specific bet. They also offer profit boosts, where they allow you to choose the wager, and your profits increase anywhere from 10% up to 200%. These are intended to get users to wager on something they may normally ignore.
  • No-brainers: Sometimes you will see offers on bets that are all but guaranteed to win. The amount you can wager, and win, is usually limited to around $ 10 to $ 25. These offers could be something like a player prop for Joe Burrow with the over/under on passing yards set at 0.5 yards. This is usually highly promoted by the Sportsbook to get users to log in more often and place additional wagers.

What Should I Bet on using the DraftKings Sportsbook?

Ohio is one of the more interesting states where sports betting is legal. It allows bettors to place wagers on most Ohio sports teams, both college, as well as professional sports. If you are a fan of the Cleveland Browns, Cincinnati Bengals, Cleveland Cavaliers, Columbus Blue Jackets, Columbus Crew, Cleveland Guardians, Notre Dame Fighting Irish, Ohio State Buckeyes, Bowling Green Falcons, Toledo Rockets, Miami RedHawks, or Ohio University Bobcats, you’re in luck.

DraftKings currently features wagering on 18 different sports. Here are your options at DraftKings currently available:

  • Australian Rules Football
  • 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

OH only. 21+. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER

DraftKings Ohio Promo Code
Bet $5, Get $200 Instantly
DraftKings Ohio Promo Code: Bet $5, Get $200 Instantly
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