Maryland Sports Betting: Legal MD Betting Sites & Sportsbooks

Maryland Sports betting has been legalized, and it's time to get excited as the official launch of legal MD betting sites is on the horizon! With several new sportsbooks expected to launch in late 2022, be sure to read the reviews and book a Maryland Betting Bonus.

Maryland Sports Betting At a Glance

⭐️ Where Are We With Maryland Sports Betting?The Maryland sports betting bill was signed into law; waiting for apps to go live.
📲 Expected Sportsbooks in Maryland?BetMGM, Caesars, DraftKings, FanDuel and more.
📆 Maryland Sports Betting Expected Launch?Retail: Live Now | Online: Late 2022 / Early 2023

Sports betting is legal in Maryland. The Senate has approved the Bill HB 940 and Gov. Larry Hogan has signed the bill into law, which legalizes online and retail sports betting in Maryland. Now laws and rules regarding online and mobile betting in Maryland will begin to be established ahead of the market launching later this year. This process will likely take months, but there is enough time for MD sports betting to go live in time for the NFL season.

Maryland Legal Sports Betting Legislation Timeline

  • 📅  June 23, 2022: As pressure mounts on Gov. Larry Hogan to get online and mobile sports betting in action this upcoming fall or winter, Fanatics becomes the first sports betting operator to get approval for a license
  • 📅  Dec. 9, 2021: Gov. Larry Hogan placed the first official sports wager at the MGM National Harbor
  • 📅  July 15, 2021: The Maryland Lottery and Gaming Control Agency approved rules for legal sports betting in Maryland
  • 📅  April 12, 2021: HB 940 passes through the Maryland State Legislature
  • 📅  Nov. 3, 2020: Maryland voters support sports wagering heavily in a genera election ballot measure

Best Maryland Sports Betting Sites Expected to Launch 2022

The State has agreed to issue 60 licenses for Maryland sports betting sites and 30 for retail sportsbooks. There are a few major operators who were already given a licenses as well as other retail locations. It is expected that the top names in the industry will all have a Maryland Betting App, while other smaller outlets can pursue a liscense since there are a lot to go around. Below are some of the most likely Maryland Sportsbooks to go live once the rollout is complete.

BetMGM Maryland Best for New Bettors
Caesars Maryland Best For In-App Promotions
FanaticsBet Maryland Best For Merchandise Promotions
DraftKings MarylandBest For New Bettors
FanDuel Maryland Best For Mobile Betting Experience
PointsBet MarylandBest In Variety of Betting Options
TwinSpires MarylandBest For Racebook Wagers
Unibet Maryland Best For Mobile Live Streaming
⭐️ FOX Bet MarylandBest For College Sports
⭐️ WynnBet MarylandBest For Wide Choice of Sports
⭐️ Bet365 MarylandBest For Customer Service
⭐️ Barstool Sportsbook MarylandBest For Social Media Interaction

BetMGM Maryland Sportsbook

BetMGM is the sportsbook brand owned by hotel and casino giant MGM Resorts International, and has quickly grown to be one of the most trusted and used sportsbooks in the industry. BetMGM has an advantage due to the MGM Casino that is located in Maryland.

BetMGM Maryland also has an agreement with the Baltimore Ravens, which will make their transition to the state of Maryland seamless. BetMGM separates themselves with their customer service, as they have a live chat that is very useful as well as a detailed FAQ system for all new and experienced bettors.

Caesars Maryland Sportsbook

The Caesars name is one of the most iconic in the gambling industry. Caesars Sportsbook Maryland has the top software for their online betting platform.

Caesars sportsbook generally offers an extremely generous rewards program and outstanding perks. They have been known to have one of the highest betting limits in the industry because they can afford to take less action on lower limit wagers. Caesars has also been a major player in the online gambling industry since 1994, and is well known for having great promotions and bonus offers to build their customer base.

DraftKings Maryland Sportsbook

DraftKings Sportsbook made its name due to its highly popular daily fantasy sports business. Due to the announcement of legalized sports betting in Maryland, DraftKings has partnered with the Baltimore Ravens. 

DraftKings is frequently one of the first operators to obtain a license, so it is expected they will receive one sooner than later and begin its operation. DraftKings Maryland differentiates themselves from other sportsbooks due to the high quality of its online sports betting platform. DraftKings has always been mobile, so they have perfected the ease of navigation and a smooth, organized experience.

FanDuel Maryland Sportsbook

FanDuel, much like DraftKings, is one of the top up-and-coming operators. It's fair to say the two brands are rivals, and if one goes live in a state, it's a safe bet that the other will follow suit.

FanDuel has not partnered with a professional sports team in Maryland. Instead, FanDuel Maryland has partnered with Live! Casino and are interested in launching a retail sports betting location at the casino. It is expected there with be a branded social bar in addition to the retail sportsbook. FanDuel also has a very easy to use platform, a wide variety of sports, and a simple withdrawal process.

PointsBet Maryland Sportsbook

PointsBet Sportsbook has begun to grow in popularity in the United States. Now, in Maryland, PointsBet has partnered with the Riverboat-on-the-Potomac facility to penetrate the market.

PointsBet Maryland sets itself from other sportsbooks with their unique offering of a PointsBetting system that multiplies a bet based on where the final wager actually ends. If a bettor takes an over, and the game ends 10 points over that over, a bettor's winnings are multiplied for every point over the closing line. On the other hand, the same is true for a losing wager. It creates a high risk, high reward scenario for sports bettors.

TwinSpires Maryland Sportsbook

Twinspires has deep roots as a racebook and has extended itself into sports bets. TwinSpires is expected to make a launch in Maryland due to its partnership with Ocean Downs Casino. There will be a TwinSpires backed in person sports betting window at the resort.

TwinSpires Maryland offers great odds and promotions and should certainly be downloaded. TwinSpires is a trustworthy brand, and they will continue to expand after going live in Maryland.

Unibet Maryland Sportsbook

Unibet sportsbook is another brand expected to gain a sports betting license in Maryland. Unibet has a history of giving users early cash outs, betting incentive boosts, and a wide menu of bet types.

The Unibet Maryland Sportsbook has a long history in the industry of providing competitive sports betting odds on many different sporting events. Unibet is one of the largest online sportsbooks in Europe, and makes betting on sports very is easy.

FanaticsBet Sportsbook Maryland

FanaticsBet became the first operator to receive a license in Maryland in June 2022. This soon-to-be Maryland sportsbook is a spinoff of the well-known apparel brand Fanatics, one of the top sports merchandising companies that sells jerseys, hats and more to millions of sports fans worldwide.

With billionaire entrepreneur Michael Rubin involved, FanaticsBet (or BetFanatics, the official name is still unclear) is sure to be a major player in Maryland and other states. Rubin proved his commitment to the industry by selling his ownership stake in the Philadelphia 76ers and New Jersey Devils franchises, as major sports league owners are not allowed to work in the sports betting industry.

Is Sports Betting Legal in Maryland?

Sports betting was legalized in the state of Maryland. Currently, Maryland is in the licensing stage and at this point no sportsbook has been licensed and launched in the state. However, it is legal. The bill that was passed allows for up to 60 online Maryland sportsbook licenses and 30 retail licenses, so bettors will be thrilled to know there will be a variety of options for sports betting in Maryland. This website will have you covered on comprehensive reviews of the betting features and guides on how to bet on sports in Maryland.

Latest Maryland Sports Betting News

Our staff of veteran gambling reporters keeps you up-to-date with the latest news on MD sports betting. We pride ourselves on bringing you breaking stories and analysis of all developments in the world of sports betting.

Mobile Sports Betting in Maryland

It is expected that most if not all licensed online sportsbooks will launch mobile betting for its users in Maryland. Users can navigate to the app store on the Apple App Store and the Android Google Play Store and download sports betting apps for their favorite Maryland sportsbooks. The apps are generally very similar to the websites in terms of usability and line offerings.

MD Sports To Bet

Whether it's betting on the NFL, MLB or college sports, we expect Maryland sports betting to include all the major sports as betting markets when it does go live.

  • NFL Betting

    In the US sports betting market, the NFL is always the league that generates the most handle, and bettors in Maryland can now legally bet on the NFL. The NFL dominates Sundays and now there can be even more fun than just watching. Also, almost every Monday and Thursday night throughout the entire season has a primetime NFL game, so there is nonstop action throughout all 18 weeks. Maryland sports bettors will certainly enjoy betting on the Football Team and the Ravens.

  • NBA Betting

    The NBA has action almost every night, and now sports bettors can place bets on the NBA in Maryland. The NBA is great to bet on since bettors can focus on player props such as total three pointers made for a player or over/under points scored. Maryland online sports betting will allow bettors to place wagers on the Wizards, so all Maryland residents can enjoy betting on their instate team. The NBA is a popular league in the United States and it is anticipated that legal sports betting launch will continue to grow the handle of bets on NBA games.

  • MLB Betting

    The MLB is another one of the top betting markets in the United States. It is expected that since Maryland has launched legalized sports betting, the handle of bets on MLB games will increase. The MLB is great to bet on since there are fun prop bets on games such as betting on if there will be a run in the first inning or a players total bases in a single game. Maryland residents can enjoy betting on the Washington Nationals as well as the Baltimore Orioles. Every fall, the MLB has its annual post season, so bettors in Maryland can enjoy taking action on these high profile baseball games.

  • NHL Betting

    The NHL is one of the prime sports in the US market and it is expected to grow as sports betting continues to be legalized throughout the US. The NHL is great to bet on since it is so fast paced and action packed. Bettors in Maryland can enjoy betting on NHL teams like the Washington Capitals and can also enjoy betting on big time games such as primetime events like the Winter Classic as well as the playoffs.

  • College Sports

    Legal sports betting in Maryland is unique to other states that have recently legalized sports betting since bettors can bet on in state collegiate teams. If a bettor wants to bet on the University of Maryland football team to win, a bettor in Maryland can. Collegiate sports is one of the most bet on sports in all of the US, so it is exciting that bettors in Maryland can also bet on college teams in the state.

Maryland Teams To Bet

With two NFL teams, one baseball team and some major college athletic programs littered throughout the state, there is a plethora of Maryland teams so bet on when the state goes live with betting apps.

  • Baltimore Ravens

    The Baltimore Ravens made their NFL debut in 2001. The Ravens play at M&T Bank Stadium and are key to the community of Baltimore and are beloved by most Maryland residents. The Baltimore Ravens won their first Super Bowl in 2013 and are frequently in playoff contention under head coach John Harbaugh and transcendent quarterback Lamar Jackson. The Ravens play in the AFC North division and will be fun to bet on as residents watch each Sunday.

  • Baltimore Orioles

    The Baltimore Orioles are one of the most historic and recognized franchises in all of Major League Baseball. The Orioles play their home games at Camden Yards which is one of the longest-standing ballparks in America. The Orioles are currently rebuilding their teams, but they will be fun to bet on as they continue to improve year in and year out. The Orioles play in the AL East division.

  • Washington Commanders

    The Washington Commanders, despite their name, actually play their home games at FedEx Field in Landover, Maryland. The Washington Commanders is one of the most proud franchises in all of the NFL, even though they have had a rough past three decades in terms of winning. The Washington Commanders plays in the NFC East division which is one of the most famous divisions in football history.

  • Washington Wizards

    Formerly the Baltimore Bullets, the Washington Wizards play out of the Capital One Center in Chinatown, Washington DC. Their best years were in the 1970s and they won the NBA Finals in 1978. Last year they lost in the first round of the Playoffs to the 76ers. You would get long odds if you wanted to make a futures bet on the Wizards winning the Playoffs in 2023!

  • Washington Nationals

    The Nations won the MLB National League East in 2012, 2014, 2016 and 2017. Each time they failed make the World Series. That was the time to bet on momentum. In 2019 the Washington Nationals made it to the Series and defeated the Houston Astros to win their first ever World Series title.

  • Washington Capitals

    Maryland NHL bettors might want to try their luck with the Washington Capitals. The team used to play their home games in Maryland but have been seduced by the delights of the Capital One Center in Washington. The Capitals have 12 division titles under their belt and two Stanley Cup victories. They won the Stanley Cup in 1998 and 2018. Numerologists might want to wait till 2038 before betting big on their next victory! For the rest of us Maryland’s legal online sportsbooks offer hundreds of different bets on every Capitals game.

  • D.C. United

    The Black and Reds have quite a record in Major League Soccer. They have a dedicated stadium built for 20,000 fans which opened in 2018. And they have a long standing rivalry with the New York Red Bulls. This all makes for a team that is fun to support. Every year they play the Red Bulls for the Atlantic Cup; excitement is intense and this year online betting is likely to be equally ferocious.

  • University of Maryland

    If the NBA doesn’t provide the success Maryland fans crave, there is always the NCAA. The Maryland Terrapins men’s basketball team plays in the Big Ten Conference and has achieved some of the best results of any college team. They were NCAA tournament champions in 2002, and as March Madness approaches might well be worth a few wagers in the current championships exactly 20 years later.

  • Georgetown University

    The George Town Hoyas don’t face off against the Terrapins. Instead they play in the Big East Conference. They won the National Championship in 1984 and have made the final four five times. The Hoyas have taken home the Big East Conference Tournament trophy eight times including in 2021. Teams that are on a roll always attract a lot of betting action. Whether you want to go with the roll or bet against you will find plenty of ways to do so in the new online Maryland sportsbooks.

Promotions & Offers At Maryland Online Sportsbooks

Sportsbooks offer promotions for its users to help make wagering more enjoyable and lucrative. These codes are offered when bettors sign up for their bettings accounts, but sportsbooks also offer daily promotions in the form of odds boosts on popular events. New bettors should take advantage of these promotions since, in some cases, the sportsbooks are giving players free money. This is not always the case. In some cases, sportsbooks offer odds boosts on a game so if a team wins, it will payout more. However, there are cases where sportsbooks offer deposit matches or guaranteed wins with max bets of $5-$25 with the chance to win a hundred plus bucks.

  • Risk-Free Bets

    Risk-free bets is a common promotion offered in online sports betting. A risk-free bet is a promotion that allows a bettor to use site credit, or be refunded on a loss, when betting on a certain event. Most sportsbooks offer a large risk-free bet for a bettors first ever bet with its sportsbook. However, sportsbooks also randomly offer risk-free bets when they are looking to promote an event. The pros of risk-free bets are obvious - a bettor can place a bet and lose nothing if it loses. The only con is that sometimes the refund is issued in non withdrawal-able site credit. This means the loses are refunded, but they must be bet.

  • Deposit Match

    Another common promotion offered by a sportsbook is a deposit match. A deposit match is when a sportsbook issues the same amount of money a bettor deposits into their account. Normally, deposit matches are only valid for a first deposit. A pro of a deposit match is that a sportsbook will give a bettor free funds just for depositing, but a con can be that these funds may be only site credit and must be bet before they can be withdrawn.

  • Referral Bonuses

    A referral bonus is a promotion sportsbooks offer customers. Most sportsbooks give each bettor a unique link that ties to their account. This link can be sent to friends, family, or anyone who currently does not have an account with the sportsbook. If someone signs up for a sportsbook using a link you provided, that bettor would receive some cash to bet in the form of a referral bonus. Some sportsbooks issue the bonus to both parties, while others only give cash to the person who distributed their referral link.

  • Odds Boosts

    Odds boost is a type of promotion that increases the odds on a single event. Odds boosts happen relatively frequently, but they always care a maximum wager amount of $5-$50. Odds boost also happen more frequently on higher ticket events like playoff games of Pay-Per-View fights. An example of an odds boost would be if the Ravens are offered at -110 at every sportsbook to now +150 at whichever book is offering that odds boost.

  • Parlay Insurance

    A very frequently offered promotion in sportsbooks is parlay insurance. Parlay insurance is an offering from most sportsbooks that allows a parlay to lose one leg but still win. All parlay insurance is capped with a specified max bet as well as certain terms that need to hit. Parlay insurance is only valid for parlays in a single sport with four or more events included. The pros are you only need to hit three of four events to win, but the cons are this will cut into a larger payout and bettors cannot combine sports.

Choosing The Best Maryland Online Sportsbook?

While all the sportsbooks coming to Maryland will certainly be worth the download, there are a few major factors to consider in your online sportsbook. For starters, it's important to make sure the sportsbook has a solid customer interface. Looking for wagers is where bettors spend the most time, so having solid odds and an easy to use platform is a must. Also, having great customer service and an easy withdrawal proccess are key attributes of great legalize sports betting websites.

Great Reviews

When looking for the best sportsbook to place action on, a great way to uncover information about them is by reading reviews of sportsbooks written by credited sources, like us. Knowing what to expect from a sportsbook is important and understand it's shortcomings is as well. Staying up to date with the latest reviews of all sportsbooks will certainly aid the search for the best books.

Bets Allowed

Not all sportsbooks are created equal, and one factor that great books have over lesser ones are the bets allowed. Most sportsbooks offer bets against the spread, totals, moneyline, parlays, live betting, and same game parlays. Making sure your sportbooks has these bets is key for making a great sportsbook. Especially when it comes to live betting, there is a discrepancy in bets allowed from one book to next, so making sure you book has the right markets available to bettors is essential.

Great Pricing On Betting Lines and Odds

Not all sportsbooks offer the same betting lines and odds for every single event. In most cases, the odds will be similar and the betting lines will be too, but there are instances where books offer substantially better odds on events. It is important that users have multiple sportbooks available to them while betting. Having better odds on an event will either put more money in your pocket, or cost a bettor more in vig. Since Maryland will eventually have 60 licensed operators, bettors should always be able to find the best odds available to them.

Frequent Sports Betting Bonuses

Bonuses are an important part of the wagering experience for all bettors. Bonuses are great because they offer users better odds on events or risk-free bets to take advantage of. Every sportsbook linked on our website offer some form of bonus for not only users, but frequent bettors, and all these bonuses benefit the user by giving them money for betting with them. It is important that the book the takes the most of a bettors action compensates with bonuses and promotion.

Excellence In User Interface

Having an easy-to-navigate interface is crucial for sports betting apps. Looking for bets is where users spend most of their time, so having the ability to easily navigate from your bet slip to the odds screen is paramount. Laggy and slow apps and websites make for a lousy user experience. Typically, most online sportsbooks work better on desktop, but they are also supported very well with mobile betting.

Easy Deposits & Withdrawals

In order to place bets on a sportsbook's website or app, a user needs to deposit funds. When a user wins bets and wants to take out money, sportsbooks have withdrawal processes that need to take place. It is very important that a sportsbook offers a variety of options for users on both fronts. Also, it is very important that sportsbooks offer bettors a quick turnaround time on withdrawing funds. This is one of the biggest factors when determining how great a sportsbook truly is.

Variety Of Customer Support

When utilizing many different sportsbook apps, it is common that users have questions about bets offered or the status of their account. Sportsbooks offering various ways to contact them for support is essential for a sportsbook to be graded well. Usually, sportsbooks offer customer support through email and phone services, but the best feature is a live chat. Not all sportsbooks offer it, but they should. Being able to contact support in a timely matter is crucial for the user experience.

Why Sign Up For Multiple Maryland Sportsbooks

It is imperative for sports bettors to make accounts on all online sports betting platforms because each sportsbook will offer different promotions and odds on events. Betting a bet at bettor odds will make a bettor more money, and taking a bet at less vig will lose a bettor less money. Finding the best line available is one of the easiest, yes most often overlooked way for a bettor to gain an edge.

Get The Best Line

One of the easiest, yet often overlooked, way to gain value in the betting market is to download multiple online sports betting apps and shopping around for the best available line. While lines will often be very similar across most books, there is more value in taking a bet that is listed at -105 compared to -110. By having access to more sportsbooks, bettors can ensure they are getting the best line available to get the most value.

Intro Betting Bonuses

Betting bonuses are promotions offered by sportsbooks that give bettors additional cash for signing up and depositing money with the sportsbook. This is very important and great for bettors since these offerings are created to give bettors funds to use on sports betting. In order to maximize value, it is imperative that bettors take advantage of these promotions for new users. Who wouldn't want an additional $1,000 just for depositing an initial $1,000 to bet?

Bet Offerings

Not all sportsbooks offer the same events, and not all events have the same odds associated with them. Some betting sites use the same software to generate their odds, but not all sportsbooks do, so odds will differ from book to book. Also, not all sportsbooks offer the same bets in the live betting and futures market. Having multiple books will allow bettors to find different bets at better prices just by having multiple sports betting apps available to them.

Feel the Sportsbook

Before even creating an account and depositing money to a sportsbook, user can almost always play around with the user interface. This is great because it allows users to get an understanding of the odds and helps with navigating the website. It is encouraged that bettors take a look at all the sportsbooks available to them since there may be something unique on a different app.

Sportsbook Rules

Sportsbooks are not uniform when it comes to how they grade events. Different books have different payout styles, odds, and maximum bets allowed on certain markets. For example, BetMGM pays golf props when there is a tie. Another example is a two-way market on a bet that isn't always offered that way. Bet365 offers a two-way market on no touchdowns scored in the NFL games, meaning a user can bet yes, there will be touchdowns, or no, there will not. This is important because, at a book like DraftKings where there is no two way market, they will refund any time touchdown bet if none are scored. But, since Bet365 offers a two way market, bets will not be refunded.

Another example is odds on bets like teasers. Some sportsbooks offer two-team six-point teasers at -120 while others offer it at -130. Over time, taking bets at -120 compared to -130 will make a bettor more money rather than paying an extra 10 cents in vig every time.

Available Sports Wagers At Legal Maryland Online Sportsbooks

Below you'll find a breakdown of the most popular bet types the top sportsbooks offer.

  • Moneyline

    Legal sports betting in Maryland will give bettors the ability to bet the moneyline on sporting events. The moneyline is a bet on one team winning an event without any addition or subtraction of points. In most cases, one team will be the underdog and have positive odds while the other team will be the favorite and have negative odds. For example, if the Orioles are playing the Yankees and a bettor wants to bet on the Yankees to win straight up, they will bet the Yankees moneyline.

  • Parlays

    One form of sports wagering is paraly bets. A parlay bet is a bet that combines two or more bets into one. If a bettor takes a parlay, the odds of the parlay will be contingent on the combined odds of both straight bets. In order to win a parlay, all of the events need to win. For example, a bettor can parlay the Washington Commanders and the Baltimore Ravens to both win on an NFL Sunday, and if both teams win, that player will cash their parlay.

  • Totals

    Betting a total is a wager on the total final score of a game. Sportsbooks will offer a number for the final score of an event and it is up to the player to bet whether they believe the final score will be greater or less than the number posted. Totals are more common in higher scoring sports such as the NFL and the NBA, but they still exist for sports like the NHL and the MLB. An example of a total would be if the New York Knicks are playing the Washington Wizards, the total may be set at 202 points, and a bettor would place a wager on if the total final score will be greater or less than 202.

  • Point Spreads

    Betting against the spread is the most common from of sports betting. An example of a point spread would be if the Baltimore Ravens are playing the Cleveland Browns, the spread of the game may be Ravens -3. In order for a bet on the Ravens to cash, the Ravens need to beat the browns by more than three points. Spread betting is adding or subtracting points from one teams total and usually carry odds of -110.

  • Futures

    A future bet is a bet on an event that is happening later in a season. Future bets can be placed as soon as odds are posted for the next season, so as far as months in advance, but future bets can also be placed just a week or so in advance. An example of a future bet would be a wager on the Wizards to win the NBA championship. This bet can be placed on the first day of the season, or a during the NBA playoffs. However, depending on the team's situation at the time will dictate the odds offered on a futures bet.

  • Prop Bets

    Prop bets are short for proposition bets. Proposition bets are wagers on a players statistics for a game or an event going on in the game. For example, a prop bet on a player could be the over/under points for Kyle Kuzma. An example of a game prop would be the total number of field goals in the Ravens game. All professional sports leagues have prop bets offered and they are a great addition to the the legalized sports gambling landscape in Maryland.

  • Live Bets

    Live betting is placing a bet while an event is already in progress. If the Ravens game has started already, a bettor can place a prop bet, a total bet, an against the spread bet, or a moneyline bet on the contest. Live bets are great for a player looking to get an edge on an event that they did not like the closing total. For example, if the Baltimore Ravens are -7 against the Pittsburgh Steelers, and after the game starts, the line goes to Ravens -5, a live bettor can jump on that opportunity to get a better number.

  • Prohibited Bets

    At the moment, there are no prohibited bets in the state of Maryland. Other states with legalize sports betting have rules that bettors cannot bet on collegiate teams in the state, but Maryland has no such rule. This means that if a bettor wanted to watch the Maryland Terrapins basketball team at College Park, and take a bet on the game, a bettor can do that.

Other Maryland Betting Options

With online sports betting still not live in Maryland, we turn our attention to other forms of wagering. Here are some other options, and details on whether or not they are available. 

Daily Fantasy Sports

Maryland already has daily fantasy sports readily available. These sites include FanDuel, DraftKings, and Yahoo. People 21 and older in Maryland can hop on and play daily fantasy sports right now.

Horse Racing

Horse racing tracks were automatically granted licenses for retail sports betting. Bettors in Maryland can go to a horse racing track and begin taking bets on horses.

Elections

No, it is not legal to bet on the election in Maryland. There is no option to be on politics at all. This may change in the future, but for now, it is not legal.

Pop Culture Ceremonies

Bettors cannot bet on pop culture ceremonies legally in Maryland. While this could change, it is not expected at launch. These ceremonies could make for a tremendous market someday.

Esports

One of the newest betting markets around is betting on Esports. Bettors in Maryland can bet on online sporting events. Esports is quickly becoming an emerging market in the industry.

MD Online Sports Betting Legislation

Betting was officially legalized in the state of Maryland in May of 2021. Initially, only retail sports betting was legalized immediately, but Maryland also granted licenses for online sportsbooks as well. Maryland voters heavily supported sports wagering in a 2020 general election ballot measure, and the groundwork was laid for legalizing online sports betting.

In January 2021, Maryland legislators reconvened to discuss the topic, and by May 18th, the bill was signed into law by Governor Larry Hogan. It is only a brief matter of time until all the licenses are distributed and online sports betting is legal for good in Maryland.

Maryland Sports Betting Revenue Projection

State officials estimate Maryland could generate up to $20 million a year in tax revenue from sports betting. Both lawmakers and the November 2020 ballot measure explicitly stated that the primary purpose of this revenue will be to fund public education. This is one of the ways sports betting can be beneficial to a state.

Maryland Legal Online Sports Betting Tax Rate

The tax rate on operators will be 15% for major retail vendors as well as online sportsbooks. There will be secondary retail licenses given out which will be taxed at 13%. 15% is a fair rate and is on par with most other states. At the moment, the state with the highest tax rate is New York with 51%.

Who Regulates Maryland Sports Betting Sites Regulated?

Gaming will be completely regulated by the Maryland Gaming Commission. They will be in charge of:

  • Regulating
  • Licensing
  • Overseeing Sports Betting

Maryland Sports Team Partners

With sports betting legalized in Maryland, professional sports teams from the area are partnering with sportsbooks. The Ravens have a partnership with DraftKings and Caesars Sportsbook.

  • Baltimore Ravens

    The Baltimore Ravens' partnership with two sportsbooks is very interesting. For starters, its safe to assume there will be retail sports betting at M&T Bank Stadium at some point. However, it is interesting how it will pan out with two partnerships. It is likely that more teams will have partnerships with more sportsbooks in short order.

Deposit and Withdrawal from MD Sports Betting Sites

Bettors can deposit money into sports betting apps by credit card, PayPal, ACH, or check. It is safe to deposit money with online sportsbooks as they are trusted brands. Not all sportsbooks offer the same deposit options, so make sure to check the options before making an account.

It is also very important that sportsbooks payout winning bettors. Withdrawing funds takes longer than depositing. Sportsbooks generally have a 48-96 hour window for withdrawals to hit accounts.

VISAInstant Deposits1-5 Day(s) Withdrawals
MasterCardInstant DepositsNo Withdrawals
American ExpressInstant DepositsNo Withdrawals
VenmoInstant Deposits2-5 Day(s) for Withdrawals
PayPalInstant Deposits2-7 Day(s) Withdrawals
Bank Transfer1-3 Day(s) for Deposits3-7 Days for Withdrawals

How Maryland Sports Betting Compares to the Other Legal States

Maryland is set to give out a vast number of licenses to operators. This is great for the state's sports betting since users will have a ton of options to get action down. Maryland will grant licenses to 60 operators, while New York only has 9. It is easy to sign up over the apps for an account and the online sportsbooks are set to hit the market shorty.

Retail Sports Betting vs, Mobile Sports Betting

Retail sports betting is when a bettor goes to a physical location to place action. Mobile betting is when a bettor can place action on their phone or computer. The pros of betting in person is a bettor can enjoy the sportsbook experience and pay cash. The pros of betting on a mobile device is that bets can be placed anywhere in Maryland.

Where To Bet in Maryland Now

If a bettor wanted to place a bet in the state of Maryland right now, they could make their way to one of Maryland's retail sportsbooks. These are the Hollywood Casino Perryville, Horseshoe Casino Baltimore, Maryland Live! Casino & Hotel, MGM National Harbor, Ocean Downs Casino, and Rocky Gap Casino Resort.

All of these listed sportsbooks, besides the Rocky Gap Casino Resort, all have sportsbook partnerships. In order, they are Barstool Sportsbook, Casesars Sportsbook, FanDuel Sportsbook, BetMGM, and TwinSpires.

Responsible Sports Gambling

Most sportsbooks have a responsible gambling section on their websites and apps. These are detailed sections with self-assessments for problem gaming as well as other resources. Other resources include the national problem gaming hotline.

Maryland Sports Betting FAQ

Yes, sports betting is legal in Maryland. The state of Maryland legalized sports betting following the November 2020 election. The legalization of sports betting was heavily supported by the people of Maryland. In order for this to occur a federal law called the PASPA had to be overturned.

In order to take part in legal sports betting in Maryland, a bettor must be 21 or older. 21 is the standard age across the entire US. Bettors will not even be able to create an account unless they are 21 years or older.

For sports betting taxes in Maryland, taxes will be withheld at a rate of 8.75 percent on a resident's winnings. Nonresidents will only be taxed at a rate of 7.0%. For major retail vendors and online sportsbooks, the tax rate is 15% while secondary licenses will be taxed at 13% of their bottom lines.

At the moment, there are no sportsbooks in Maryland. The bill that was passed in Maryland allows for up to 60 online sportsbook licenses and 30 retail licenses. These are large numbers, so expect a ton of variety in the Maryland sports betting landscape.

You do not need to be a resident of Maryland to bet online. However, you need to be physically located in Maryland or any other state with legal sports betting to bet online.

The bill that was passed in Maryland that legalized sports betting allows for up to 60 online sportsbook licenses and 30 retail licenses. Existing casinos and racetracks will have first priority for retail sportsbooks, but other operators will certainly have the ability to generate a license.

The state of Maryland has begun the process of legalized sports betting. Currently, Maryland is in the licensing stage. At this point, only one sportsbook has been licensed, with others to come. However, it is expected that online sports betting will go live in Maryland in 2022.

FanaticsBet, a sports betting spinoff brand from Fanatics, one of the top sports apparel companies in the country run by well-known billionaire entrepreneur Michael Rubin, was the first to get licensing from Maryland regulators.

Contributors

Eric Pauly has downloaded and used more US betting apps than most people could name, so he is a trusted source when it comes to reviewing which sportsbooks are the best in Maryland.