COLUMBUS, Ohio (AP) — The start of the new year brings legalized sports to Ohio with plenty of betting features.
A year ago, Republican Gov. Mike DeWine signed a law allowing sports betting, a resolution that became imaginable through a U. S. Supreme Court ruling. UU. de 2018 that overturned a federal ban on states legalizing sports betting. Ohio joins more than 30 other states where enthusiasts can bet on sports.
The law creates 3 types of licenses that will be overseen by the state’s Casino Control Board. These licenses govern CellArray as in a phone application; betting on controlled sports through casinos, racinos and professional sports teams; and bars, restaurants and other retail sites with self-service gaming kiosks.
The State Legislative Services Commission has estimated that sports betting will eventually be a multibillion-dollar industry in Ohio.
WHEN DOES IT START?
It starts as soon as the clock strikes midnight after New Year’s Eve. The Cincinnati Hard Rock Sportsbook invited Pete Rose to place the first legal bet. he had bet on the Reds while playing and managing the team.
WHERE CAN PEOPLE PLACE BETS?
Adults 21 and older who are physically in the state will be able to place bets anywhere, anytime. Most bets will be placed through sports gaming apps on phones. Casinos and racinos open sports betting where you can place a bet and watch matches Professional sports groups and the Guangzhou Football Hall of Fame are also contemplating the opening of sports betting. Gaming kiosks will also be installed throughout the state at many licensed bars, restaurants, bowling alleys and grocery stores.
While larger sports betting apps are expected to accept bets right away, some of the sports betting and kiosks will delay their launch, so punters may need to check before leaving. delaying the opening of kiosks in its 42 authorized points of sale until well into the year. The Ohio Casino Control Commission said 16 corporations would be in a position to offer online gambling on Jan. 1.
WHERE AND HOW WILL THE PARIS KIOSKS OPERATE?
The Ohio Lottery Commission will oversee the regulations and operation of the kiosks and plans to have a list of locations. The kiosks will have commands for players and will be limited to placing express bets: bets on point spreads, over-under, cash lines and parlays. .
WHAT BETS ARE ALLOWED?
Professional sports in the United States, school sports, some foreign sports, and even esports. People can also bet on car races, Olympic occasions and professional golf and tennis. But bets are not allowed on the best school games, pre-recorded occasions or safe bets on accessories, such as a player who will surely be injured or how many consequences or timeouts will be requested.
WILL PROFITS BE TAXED?
your bet How much will depend on how much the bettor wins in a year. Online sports betting will track a person’s winnings. If you win big, you’ll likely get a tax form. will pay a 10% tax on net profits to help fund K-12 education and challenge game programs.