Is PrizePicks Legal in the State of Ohio?

Written by:
Ean Lamb
Published on:
Jan/02/2023

PrizePicks is not legal in Ohio even though sports betting is now fully regulated and offshore sportsbooks have been accessible from the Buckeye state for the better part of two decades now.

The PrizePicks void is especially interesting in that daily fantasy sports is permitted in the state.  PrizePicks is among the most popular DFS sites out there right now.

Language in Ohio law seems to target the company specifically.

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Ohio Casino Control Commission Rule 3772-74-11 prohibits DFS operators from offering “proposition selection or fantasy contests that have the effect of mimicking proposition selection.”

That's the PrizePicks model in a nutshell.

Of course you can still bet on anything from a player's total over/under points scored to how many interceptions a particular quarterback like Joe Burrow will have this weekend.

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A certain percentage of those dabbling in daily fantasy sports will ultimately end up placing real money sports wagers, assuming they are not already.  It's how DraftKings and FanDuel became two of the biggest sports betting companies in the U.S. regulated market.

PrizePicks ranked No. 66 by the 2022 Inc. 5000 Fastest-Growing Private Companies in America List for fastest growing private companies.

The company says it "works diligently alongside state regulators to meet requirements for the states that they operate in. This includes taking a wide number of measures to promote responsible gaming, like self-exclusion and playing limits as well as ensuring we are compliant with all applicable state consumer protection and banking secrecy requirements."

On January 1, 2023, Ohioans placed their first sports bet at state-regulated retail books.  They missed out by a single day placing wagers on the Ohio State Buckeyes to beat Georgia in their Saturday College Playoff bowl game.  The Buckeyes lost by one point after kicker Noah Ruggles' field goal attempt went wide left in the final seconds.  A made field goal would have sealed the deal for Ohio State.

Sports bettors have plenty to celebrate in the coming weeks and months as the Cincinnati Bengals were looking to go deep in the playoffs, the Cleveland Cavaliers were playing well, the Guardians were among the top 10 favorites to win the 2023 World Series and the Buckeyes do have a good basketball team.

The legal age to bet is 21 (offshore books have long allowed those 18 and up to place bets online).  Tax will be 25% of all winnings when providing a social security number and up to 28% should you prefer not to provide this information. A state tax of 4% will be docked from one's winnings as well.  Offshore books and local bookmakers do not report winnings.

Examples of Player Props in MLB

Rot     Nick Pivetta (BOS) Total Strikeouts     Moneyline
705     Over  6½  Strikeouts     +130 pays $13 for every $10 bet
706     Under  6½  Strikeouts     -170

Rot     Justin Turner (BOS) Total Bases     Moneyline
725     Over  1½  Bases     +160 pays $16 for every $10 bet
726     Under  1½  Bases     -220

Rot     Joey Lucchesi (NYM) Total Earned Runs     Moneyline
709     Over  2½  Earned Runs     +140 pays $14 for every $10 bet
710     Under  2½  Earned Runs     -180

Rot     Francisco Lindor (NYM) Total Bases     Moneyline
721     Over  1½  Bases     +110 pays $11 for every $10 bet
722     Under  1½  Bases     -150

Rot     JD Davis (SFO) Total Bases     Moneyline
729     Over  1½  Bases     +155 pays $15.50 for every $10 bet
730     Under  1½  Bases     -210

Rot     Pete Alonso (NYM) Total Hits     Moneyline
787     Over  ½  Hits     -350
788     Under  ½  Hits     +220 pays $22 for every $10 bet

Rot     Luis Guillorme (NYM) Total Hits     Moneyline
789     Over  ½  Hits     -230
790     Under  ½  Hits     +170 pays $17 for every $10 bet

- Ean Lamb, Gambling911.com

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