As you may know, Senator Kirk Schuring, the chairman of the Ohio Senate Select Committee on Gaming, kept saying it was his goal to get Ohio sports betting through the legislative process by the end of June. On June 16, the Senate passed the bill by a 30-2 margin with the June 30 deadline. However, the deadline has been pushed until the state legislature returns from its summer break in September.
Generally, it seems like Ohioans are pretty upset due to an endless string of broken promises regarding legalizing sports betting in the last four years. As Ohio continues in its fourth attempt to legalize sports betting, it has gone from a potential first state in its region to legalize it to the last place.
The first sports betting bill was filed in July 2018, and since then, all but one of Ohio’s five border states have legalized sports betting, all of which offer statewide mobile sports betting. Should the legislature legalize sports betting this fall, live sports betting is about a year away.
In recent months, legalizing sports betting has become a hot topic in the media. Some of the main benefits of sports betting, and why so many states are legalizing it, are:
- Increased tax revenue
- Reduction of illegal operations
- New investment opportunities
As to why people love to bet on sports, laying some money down on your favorite team is the ultimate way to get closer to the action. Having even the most minor cash on the line is what makes the game much more exciting.
Finally, if interested, you can check the Ohio sports betting detailed guide that can provide you with all the necessary information about gambling in Ohio as well as possible upcoming regulation changes in the sports betting law.
When Can I Expect Online Sports Betting in Ohio?
Thanks to its population of 11.7 million people, the number of pro sports and collegiate athletic teams, and voracious sports fans, Ohio has a huge potential of having the most successful sports betting markets in the country.
Generally, according to the Senate proposal, online sports betting would launch no sooner than April 2022. All of the Ohio sports betting proposals over the last few years called for full online sports betting with remote registration. With that said, whatever proposal passes, it will be online with remote registration.
It is estimated that Ohio will have 50 online sports betting skins allowed by its second year of operations. Some well-known betting brands that will have a path into Ohio are DraftKings, Fanduel, WynnBet, and Caesars.
How to Place a Bet on Sport in Ohio?
While there are no land-based or online platforms affiliated with Ohio that are available for residents, betting on sports can be done through offshore mobile sportsbooks. If you want to place a bet on your favorite team, recommended sites are MyBoookie, BetOnline, and Bovada. These sites are industry leaders in online sports betting who are reliable, safe, and trustworthy.
If you want to place a bet on sport, the first step is to download the sportsbook. Luckily, once sports betting becomes legal in Ohio, you will have a ton of great options to choose from. This step is very easy and fast.
However, iPhone users will have it easier due to the fact that they will only have to open the App Store, type in the sportsbook’s name and download the app. While Android users may not be able to download the app directly from Google Play Store. Instead, they will need to download the app from the sportsbooks’ site.
The second step is to fill out your personal information such as email address, date of birth, name, and social security number. If you choose a trustworthy app, there’s no need to worry about scammers and cybercriminals.
The last step is to fund your account. Thankfully, legal sportsbooks always provide a variety of withdrawal and deposit methods, so you will have a ton of options to choose from.
The Future of Gambling Industry
Thanks to the exponential growth of the developments in technology, it can be said with certainty that gambling has come a long way from plastic chips and cards. Many forecasts that following years are set with new trends to redefine and transform complete areas of this huge industry. So what exactly can we expect in the near future?
Virtual Reality is an invention that paves the way for a more immersive casino experience. With more and more VR accessories available to the public, it is only a matter of time before everyone has easy access to VR casinos from their homes.
Cryptocurrencies are trending on almost all financial market platforms as well as on gambling platforms. By the looks of it, crypto will continue to dominate the gambling industry and more and more people are starting to prefer these transactions from withdrawals and deposits in digital currencies.
All things combined, it seems like there isn’t any limit to where online gambling can go, so it’s interesting to see what the future has in store.