While Ohioans (eagerly) await the ability to place wagers with Ohio’s Best Sportsbooks, there is one aspect of betting law bettors may overlook – the inclusion of sports betting kiosks. Where will the Ohio sports betting kiosks be located? How do they differ from online betting? Let’s dive into it.
What are sports betting kiosks?
Sports betting kiosks, sometimes called betting terminals, offer bettors another quick and convenient way to place bets where betting is legal. Although some kiosks are operated by clerks, the most common type is self-service terminals.
If you’ve ever used a kiosk to order food or check in for a flight, you’re already a pro. Otherwise, the process is very simple. Simply follow the instructions on the touch screen and find the bet you wish to place. If you know how to use a smartphone, you will be fine.
How are kiosks different from online betting?
The main difference between sports betting kiosks and online betting is simply where you can place your bets (more on that below).
With online betting, you can place bets wherever and whenever you want as long as you are within the limits of the state of Ohio. Mobile betting is usually done through a sports betting app on your phone, but some have desktop capabilities as well.
For Ohio, there are also differences in the type of bets you can place and the amount of money you can spend on them.
On mobile platforms, there are no limits to what you can bet on and how much you can wager, unless restrictions are imposed by a specific provider.
For kiosks, only four types of bets are offered to users:
- Moneylines: You simply bet on who you think will win the event, regardless of the score.
- Point spread: This gives a margin of victory for each team involved. For example, the Bengals are favorites by 6.5 points (-6.5) against the Steelers Week 1. Cincy would have to win by 7 points or more for you to win your bet.
- Run Totals: Also known as Over/Under, you are betting on the total number of runs scored by both teams.
- Parlays: Parlays allow users to combine two or more different bets for a bigger potential win. With Ohio betting kiosks, there are a maximum of four separate bets (called “legs”) allowed.
There is also a $700 weekly limit for those using betting kiosks spread across the state.
Where will betting kiosks be located in Ohio?
HB29, the bill that introduced sports betting to Buckeye State, allows up to 25 Type A licenses (mobile operators), 40 Type B licenses (retail sports betting) and an unlimited number of licenses type C (betting kiosks or betting terminals). ). As of August 5, more than 1,100 companies have been pre-approved for Type C licenses.
To qualify for a sports betting kiosk license, the business must hold a valid liquor license or offer lottery games. Each location will have a maximum of two self-service kiosks. You can expect to find betting kiosks in bars, restaurants, stadiums, casinos, and even bowling alleys and supermarkets like Kroger.
How do Ohio sports betting kiosk payouts work?
When you go to place a bet with a betting kiosk, you can use debit, credit, cash, and mobile banking options like PayPal and Apple Pay.
If you win and need to be paid, you have four options:
- At the location you placed the bet (as long as the company has the ability to do so)
- By mail
- Places that sell lottery tickets
- Lottery offices
With the large number of betting options available to bettors in Ohio, the state ensures that sports betting is successful. The combination of ease of betting with the state’s love of sports means Buckeye State will be a leader in sports betting sooner or later.