MARYLAND SPORTS BETTING: BEST SPORTSBOOKS AND PROMO OFFERS
Sportsgrid-Staff
Maryland legalized sports betting in May 2021. Retail sports betting went live in December 2021, but mobile sports betting wasn’t launched until November 2022.
The road to legalized sports betting was longer than in some states. But the wait was worth it.
There are 12 legalized sports betting apps in Maryland. That’s more than many states in America. So, if you live in Maryland, consider yourself lucky.
Below, we’ll introduce a guide to sports betting in Maryland. This will help newer and current sports bettors learn how to profit and utilize each book for the most profit.
List of Online Sports Betting Sites in Maryland
As stated above, Maryland has 12 regulated and licensed sportsbooks for use in Maryland.
The list includes notable sportsbooks like Caesars, BetMGM, FanDuel, DraftKings, and ESPN Bet. But there are also other books like Bally Bet, Betfred, BetPARX, BetRivers, Crab Sports, Fanatics, and LetsBetMD.
Unfortunately, BetFred won’t be around much longer. However, the other 11 sportsbooks are here to stay. That allows for a wide range of sportsbooks where you can make the most informed decisions possible.
Below, we’ll rank the top-rated Maryland sportsbooks.
Top-Rated Maryland Sportsbook Sites
BetMGM Sportsbook
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BetMGM offers many promotions for existing members, such as parlay tokens and Lion’s boosts. The tokens will boost your parlay to better odds, and the Lion’s Boost will provide a bet with +EV for every user on the app.
These promotions have restrictions and limits. However, making informed decisions when placing these types of bets will help in the long term.
BetMGM’s iPhone app gets a 4.8-star rating. It works very well despite the site’s wide variety. BetMGM has a unique “edit my bet” feature that allows bettors to add, swap, or remove a selection or increase the stake of their original winnings. When in Maryland, consider downloading Caesars. If the first wager loses, a new user can receive bonus bets. If you’ve already wagered on the app, consider all of the other promotions Caesars offers in Maryland. There are always a handful of boosts on the app, and they’ve even introduced “Fire Bets,” which are instant & personalized in-game wagers. The Caesars app is one of the best for sportsbooks. Although the app has a lot going on, finding a betting market you’re looking for is easy. You can use the fast search engine or search for sports to find your bet. Caesars doesn’t provide many promotions compared to other sites. But they’ve got the best rewards program. Caesars Rewards are added every time you make a bet. Those points can be used for free bets, hotel stays, or select Caesars restaurants. Maryland sports betting improved significantly when ESPN Bet gained some market share. ESPN Bet stuck with PENN Entertainment and grabbed all of the Barstool users who had already signed up with Barstool. Now, they’re providing a first bet reset for bonus bets if you lose your first wager when signing up. Additionally, ESPN Bet has an exclusive tab for existing members that provides odds boosts and specials with odds better than most or all sportsbooks. The Penn Entertainment app could be smoother, but it gets the job done and gives users another chance to find value in their bets. ESPN Bet has a live tab that instantly brings you to the most popular live matches at the time. This is an easy way to get in on the action quickly. DraftKings typically has multiple promotions every day with existing customers. They’ve provided odds boosts daily and have Dynasty Rewards, where the more you bet, the more likely you’ll increase your tier status. The mobile app works really well. However, note that when placing a live bet, sometimes the app will take a very long to process a bet. DraftKings has something for everyone. The sportsbook provides a social platform, pools, daily fantasy sports, and more. They’re one of the most well-known brands in sports betting because of how well they’ve been able to market. FanDuel offer a competitive sign up bonus when you open an account in Maryland. FanDuel’s loading time is a bit slow on the app. But once you get into the app, everything moves swiftly. FanDuel provides many promotions and odds boots to its existing customers. Like DraftKings, you’ll never see no promotions on the site. While we only went over the top five sportsbooks in the state of Maryland, you’ll still want to consider all 12 of the sportsbooks currently live in the state. With 12 different sportsbooks, you should review each book to find the best odds for the wager you’re looking for. A casual sports bettor who isn’t looking to make money and just have fun might download one book and bet whatever the odds are. However, a bettor looking for profit can take advantage of multiple accounts. For example, if FanDuel has the Lakers at +120 but Caesars has them at +130, you’d lose money if you select them at +120. With $100 on +120, you earn $120 in profit if the wager wins. However, at +130, you’d earn $130 in profit if the wager won. So your $100 yielded $10 more if you bet the +130 on Caesars instead of the +120 on FanDuel in this hypothetical scenario. To be a profitable bettor, you don’t need a high win percentage. Some sports bettors have lost more than they won but have still earned a high ROI. It’s possible by betting on plus-money wagers. If the average odds size for your wagers is +120, you only need to win 46% of the time to profit. If your average odds size is -120, you’d need to win about 55% of the time. That’s why finding the best odds for every bet you’re looking to place is important. It’ll save you a lot of money in the long run. If a $100 bet can yield you $10 on a single wager, imagine what it’ll do long-term. It is legal to be involved in sports betting in Maryland. At this time, there are currently 12 sportsbooks that can be trusted in the state. Contact the Maryland Lottery and Gaming if you ever need help with a sportsbook or want to appeal something. They’ll oversee all of the sportsbooks and make sure everything is right. Below is a table of the top five books in Maryland. Sportsbook Mobile App Year Licensed Sportsbook Provider Bonus Bets Welcome Bonus Claim it! Yes 2022 Flutter Entertainment Yes Bet $5, Get $300 in Bonus Bets If Your Bet Wins Yes 2021 DraftKings Inc. Yes Bet $5, Get $200 in Bonus Bets Yes 2022 MGM Resorts Yes $1500 if you lose Yes 2021 Caesars Entertainment Yes $1,000 Bonus Bet if you lose ESPNBet Yes 2023 PENN Entertainment Yes $1000 First Bet Reset When you’re physically in Maryland, take your phone out and get into the app store. Once you find the sportsbook you want to download, open it up and make an account. When you create your account, you will also want to ensure you understand the sign-up bonus for your sportsbook. Once you understand that, deposit money into the account and find the wager you wish to bet. Click the odds of that specific wager, then add the money you’d like to bet. Once you double-check your wager, click submit. The bet will be placed, and you can go to your “Bets” section in all sportsbooks to see your slip. After that, sit back and cheer on your bet! Maryland allows for sports betting in all of the major sports around the world. The state even allows Maryland folks to bet on Maryland college teams. That’s rare. Many states do not allow people in the state to bet on college teams. However, esports is still not allowed as a bet in Maryland. The table below shows all Maryland teams and their current odds. The odds you’re looking at are current, as this table is up to date. Every sports bettor has a preferred way of payment. In Maryland, the sportsbooks understand that. You can use credit/debit cards, bank transfers, e-wallets, prepaid cards, and many other ways to deposit and withdraw money from your sports betting accounts. When betting on your mobile device in Maryland, ensure your location services are on so the sportsbook you’re using knows you’re in Maryland. If the sportsbooks can’t figure out your location, you won’t be able to bet, regardless of whether you’re in Maryland. These are the states where sports betting is legal in the U.S.: Check out SportsGrid’s tips, analysis, and betting picks for long-term profit sports betting.User Benefits:
Caesars Sportsbook
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ESPN Bet Sportsbook
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User Benefits:DraftKings Sportsbook
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FanDuel Sportsbook
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All The Sportsbooks
Legality of Sports Betting in Maryland
Legal & Authorized Sportsbooks in Maryland
How to Use the Mobile to Place a Bet in Maryland
Available Betting Markets in Maryland
Top Maryland Teams Odds
Banking and Payment Options Available in Maryland
Maryland Mobile Sports Betting
Legal U.S. sports betting states
Best Odds and Betting Tips
