HomeOhio SportsbooksBetly Ohio

Betly Sportsbook Ohio Promo Code

$250 in Bet Credits

21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
Dan Bradley By: Dan Bradley
Fact checked by: Gary Garry
Table of contents

What is the Betly Ohio promo?

The Betly Ohio promo is up to $250 in bet credits if the first wager loses. Example: Create an account, make a minimum deposit of $10, and make a qualifying bet of up to $250 on any sporting event you’d like.

Alternatives to the Betly Ohio promo

For residents of Ohio looking to expand their options beyond the Betly Ohio promo, there's good news! A variety of alternative promotions and bonuses are available in the state's sports betting market.

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Betly OH Bonus

Sign-up bonus: $250 in Bet Credits
Promo code: No code required
Minimum deposit: $10
Last updated: November 2023

Sportsbook overview

Sportsbook: Betly
Legal in Ohio: Yes
Partner in Ohio: Miami Valley Gaming
Payment methods:

Ohio’s sports betting scene has 18 active sportsbooks and counting, as several other operators have been approved for a mid-2023 launch. Betly was one of the first operators to hit the ground running in the Buckeye State, partnering with Miami Valley Gaming to launch the MVGBet online sportsbook for Ohio players. Throughout this piece, Betly and MVGBet will be interchangeable terms on all content specific to OH.

In this Betly Sportsbook Ohio review, we’ll go over how to get signed up with MVGBet, what to expect as you’re starting to play, and provide an overall rating of the bookmakers’ features and functions.

How to join Betly sportsbook and claim the bonus in Ohio

Screenshot of Betly Ohio homepage

Here’s what you’ll need to do to join Betly and claim the bonus.

  1. Navigate to the MVGBet website.
  2. In the top right corner of the home page, click “Register.”
  3. On the next screen, enter your first and last name, birth date, and the last four digits of your Social Security number. This will be used to verify your eligibility to place sports bets in Ohio.
  4. Scroll down to enter your email address, create a username and account password, phone number, and mailing address.
  5. Check the box at the bottom of the screen to agree to the terms of service and privacy policy, and to confirm you are not prohibited from betting in Ohio.

Once the above steps are complete, you will be able to fund your account and place your first bet.

How to take advantage of the Betly promotion in OH

Betly’s welcome bonus awards Ohio players a refund of up to $250 in Bet Credits if their first bet doesn’t win. This offer only applies to new players, so if you’ve already got an account, you’ll need to look for a different promotion.

To take full advantage of the opportunity, you should consider betting the $250 max amount protected by the promo. If you do, you have a shot at a nice score, and you get the entire stake back in the form of a bonus bet if you come up short.

When will my promotion be credited?

MVGBet will credit your Betly account immediately after your first bet is settled. From there, you will have seven days to play your bonus bet.

How to troubleshoot if the Betly promo is not working?

If your Betly promo isn’t working, the first thing we would recommend is logging out of your account and then logging back in. Refreshing your browser or app and making sure you’ve got all the latest software installed can also help, as well as powering your device off and on again.

If the above solutions don’t work, you should reach out to Betly customer support. To do this, you can fill out a support ticket through the MVGBet website. Additionally, you can try emailing support@betly.com or calling 870-771-3700 for assistance.

Pros and cons of Betly promo in Ohio

Here are some pros and cons of the Betly promo in Ohio:

Pros:

  • Dollar-for-dollar match on bet credit instead of having a range. This is not always the case at other sportsbooks.
  • A low initial wager is needed to qualify ($10 minimum bet).
  • Bonus bet can be used on any type of wager and on any sport.
  • The $250 in Bet Credits is one of the more competitive bonus amounts.

Cons:

  • Bonus bet must be used within seven days of being awarded or the credit will be removed.
  • Making the most of the welcome bonus requires a relatively significant up-front investment.
  • A wager made with a bonus bet will not accrue loyalty program coins.

Terms and conditions for the Betly promo in Ohio

  • Qualifying initial bet must have odds of -250 or better (-200, -125, and +150 are all fair game, -260 is not).
  • Eligible players can only take part in this promo once.
  • The promotion cannot be used with any other bonus offer.
  • The bonus bet must be used within seven days after being awarded or it is gone.
  • The total amount of the bonus bet must be wagered before money can be withdrawn (the bonus bet cannot be withdrawn as cash).
  • The bonus bet stake is not included in any returns or winnings.

Betly’s bonus selection for OH players is severely limited compared to other books. Aside from the welcome bonus and a very small selection of odds and parlay boosts, the only other “bonus” option comes from enrolling in the MVGBet Store program, which offers “coins” for every dollar wagered at the sportsbook. These coins can then be used to purchase bonus bets and other exclusive prizes.

Should Betly choose to expand the MVGBet promotions, here are some of the popular types we would expect to see:

  • No deposit bonuses: No deposit bonuses are exceedingly rare because they don’t require any financial involvement from the players. This bonus type would occur when MVGBet adds bet credit or bonus bets to your account without requiring you to make a deposit.
  • Betting credits: Betting credits often show up in the form of bonus bets, which are credits locked in at a set dollar amount with no actual cash value. However, when betting credits are not tied to bonus bets, they can be added to wagers to lead to a bigger payout.
  • Daily & weekly profit boosts: Profit boosts are bonuses applied to your daily or weekly winnings. Most often calculated as a percentage of your winnings, profit boosts only apply to the actual winning and not your initial stake.
  • Parlay profit boosts: Parlay profit boosts are similar to daily and weekly profit boosts, but they only apply to parlay wagers. Daily/weekly boosts often apply regardless of bet type. Also, because parlays can already yield big returns on smaller stakes, parlay profit boosts are usually capped at an additional $100 payout per bet.

Does Betly Sportsbook have a retail location in Ohio?

Betly Sportsbook is fueled by international gaming and hospitality heavy hitter Delaware North. Miami Valley Gaming and Racing in Lebanon, Ohio is also owned by Delaware North (in a joint venture with Churchill Downs.). It is a popular multi-faceted gaming and entertainment complex that opened in 2013.

Miami Valley Gaming and Racing, LLC, has received Type-A (mobile) and Type-B (retail) gaming licenses from the state. The MVGBet brand is Miami Valley Gaming’s online platform.

There is a retail sportsbook at Miami Valley Gaming and Racing. So, there is a Betly-family retail sportsbook in OH, but it is not Betly per se.

The Betly betting app in Ohio

As mentioned above, the Betly betting app in Ohio uses “MVGBet Sportsbook” for its OH branding. The app is delivered by Gamewise, LLC, which services all Betly app products. Google Play Store reviewers gave the Ohio betting app a 3.9/5 star rating while iOS reviewers gave it a 3/5 rating. Reviews tend to be skewed to the negative, and because the apps on each store are relatively new, the small number of reviews may be pulling the scores down relative to the actual product.

How to download the Betly app on iOS

  1. Log in to the App Store on your Apple device.
  2. Search “MVGBet Sportsbook” in the search bar.
  3. Tap “Get” then “Install” to start the download process.
  4. Once the download is complete, you can log in with your MVGBet account and start betting.

How to download the Betly app on Android

  1. Access the Google Play Store on your Android device.
  2. Search “MVGBet Sportsbook” in the search bar.
  3. Tap “Install” and let the download run.
  4. Open the app and log in with your MVGBet account to start betting.

Yes, Betly Sportsbook is legal in Ohio. Governor Mike DeWine signed Ohio’s sports betting bill into law in December 2021. Betly has since received its full license, and it went live under the MVGBet name in January 2023.

Available payment methods on Betly

Betly’s payment methods can be a bit complicated, as you must download the Google Authenticator App to make any online withdrawals. All deposits have a $10 minimum, with maximum deposits ranging from $2,000 to $10,000.

Deposit methods

  • Credit card (Mastercard, Visa)
  • Debit card (Mastercard, Visa)
  • Play+ prepaid card
  • Online banking via Trustly
  • Cash (in-person only)

Withdrawal methods

  • Online banking via Trustly
  • Play+
  • Cash (in-person only)

Customer support at Betly Sportsbook Ohio

Screenshot of Betly Ohio Sport section

The customer support pages with Betly Sportsbook Ohio can be found on the MVGBet website or in the app. However, you may be better off going directly to customer service to find an answer rather than trying to navigate through the pages. Players can rate each FAQ page based on helpfulness (“Yes” or “No”), and the majority of pages were voted to be unhelpful.

Email: support@betly.com
Phone number: 870-771-3700
Chat in Website/App: Yes
Social Media Support: N/A

Our Expert Opinion on Betly Sportsbook

Betly Sportsbook will likely be a good option for players who are line-shopping to get the best deal. So far, we’ve found odds to be slightly “juiced” towards the player in comparison to other Ohio sportsbooks, which can mean more money gets paid out on winning bet.

We appreciate the MVGBet loyalty program as well. Every $2 bet (with odds of -250 or better) earns one coin, and coins can be used for bet credit and other perks. This is something we think every sportsbook should offer.

While we have some concerns over the customer support and the limited payment options. Betly Sportsbook and MVGBet should implement improvements if they aim to stay competitive in Ohio’s aggressive sports betting landscape.

Our rating of Betly sportsbook Ohio

(3)

Welcome bonus
(4)
Payment options
(3)
Sportsbook app
(4)
Variety & features
(3)
Customer support
(3)

OH Betting has given Betly Sportsbook Ohio an overall rating of 3.5 out of 5. This rating is based on the following criteria:

  • Welcome bonus - Rating 4/5: The dollar-for-dollar value for the bonus bet amount is a nice touch, and the seven-day timeframe to place the bonus bet is on par with other sportsbooks.
  • Payment options - Rating 3/5: The payment options with MVGBet are quite limited, and requiring the Google Authenticator App to verify in order to receive payments seems excessive, especially with identifying information provided at signup.
  • Sportsbook app - Rating 4/5: The app has a simple but clean appearance and it is easy to navigate through the menus. It also performs reasonably well speed-wise across devices.
  • Variety & features - Rating 3/5: Betly’s promotional offerings are extremely limited. However, the sportsbook offers odds for 15 sports, with a multitude of leagues within those categories.
  • Customer support - Rating 3/5: The customer support pages aren’t particularly helpful. You may need to contact customer service to find answers to information that should be readily available.

FAQ

What is the minimum age requirement to use Betly Ohio?

The minimum age to use Betly (which goes by MVGBet in Ohio) is 21 years old. This age requirement applies across the Buckeye State.

Where can I find the latest Betly Ohio bonuses?

You can find the latest Betly/MVGBet Ohio bonuses at OHBetting.com. We’ll keep you covered with all the top bonus and promotional offerings from legal sportsbooks around the state so you can find the best deals before you place a wager.

Is Betly’s welcome bonus legit?

Yes, Betly’s welcome bonus is legit. In OH, Betly operates under the MVGBet brand, so don’t let that confuse you. Furthermore, MVGBet falls under the jurisdiction of the Ohio Casino Control Commission, so all promotions, bets, and personal customer information must be safe, fair, and secure at all times.

What promotions does Betly have?

Betly has promotions covering welcome bonuses for new players, parlay insurance, profit boosts, and longest-odds tournaments. The operator will regularly rotate through its promotional offers.

Do I need a promo code to activate the Betly bonus in Ohio?

No, you do not need a promo code to activate the Betly bonus in Ohio. The MVGBet site (which is the extension of the Betly brand in OH) doesn’t require a promo code when creating your account, or when entering additional promotions as a returning player.

Is there a Betly bonus for other types of online gambling in Ohio?

No, there is not a Betly or MVGBet bonus for other types of online gambling in Ohio. The operator does not hold a license for online horse racing betting (though you can bet on horse racing in person at Miami Valley Gaming in Lebanon, OH), and online casino gambling is prohibited in OH.

Can I use a Betly promo if I already have an account in Ohio?

If you have an account at a different sportsbook in Ohio, you are free to join MVGBet and grab their welcome bonus. However, if you are an existing MVGBet account holder, you are ineligible for the sign-up reward.

Author Details

Dan Bradley

Dan Bradley

Dan Bradley is an Ohio-based betting expert and researcher at OH Betting. He has spent 10 seasons as a hockey broadcaster for junior teams in Illinois, Minnesota, and Ohio. When not writing, Dan is likely out fishing or playing bar trivia.

Fact checked by: Gary Garry