Best Maryland Sportsbook Promos: Claim Up to $5K+ in Bonus Bets! 2024

by Travis Pulver (Travis_Pulver) Last Updated 2024-07-23T20:01:34

We’ve got all you need to know about the best Maryland sportsbook promos. New users can enter these promo codes when they sign up to claim bonus bets and explore the various operators that are live in the Free State. Also in this guide, you’ll find a wider look at the online sports betting market in Maryland from how it became legalized to what responsible gambling resources are available.

Top Maryland Sportsbook Promos

From bet-and-gets and bet insurance to deposit matches, Maryland sportsbook promos aren’t shy in welcoming new users.

Check out the top Maryland sportsbook promo codes below so you can boost your bankroll today. We cover the details of each offer to help you choose the one that’s right for you, but don’t forget you can sign up for multiple bonuses as long as they’re from different operators. Note: Some of these offers are available in other legal online betting states.

Fanatics Sportsbook Maryland: Best for Beginners

Since going live in the Terrapin State in June 2023, Fanatics Maryland has developed a solid reputation as a sportsbook with a wide range of markets. Its sleek, modern, and easy-to-use mobile app boasts unique features like a withdrawal tracker and NFL livestreaming.

Despite its pros, Fanatics Sportsbook MD is only available via the app, which can be a turnoff to users who prefer betting on a desktop. The banking options could be better, too.

The overall value of the Fanatics MD welcome bonus ($1,000) is excellent, but it requires you to place a bet every day for ten days. Make sure you keep track and note that the bet match caps out at $100 per day.

Once you sign up, you can earn FanCash every time you place a bet, which users can convert into bonus bets or use to purchase apparel.

Fanatics Betting & Gaming is a relative newcomer to the industry. It launched its first retail sportsbook in Maryland in January 2023, a 5,000-square foot facility in FedEx Field and the first retail sports betting facility in an NFL stadium. The sports betting app launched on June 1, 2023.

Check out our Fanatics Sportsbook Promo Code and review for more information!

BetMGM Sportsbook Maryland: Best Deposit Match Bonuses

BetMGM was among the first sports betting apps to launch in Maryland on November 23, 2022. An industry veteran, BetMGM is widely regarded as one of the best all-around sportsbooks in the world. BetMGM MD’s sports betting app is available to users with iOS and Android devices, but Maryland sports bettors can also gain access via the BetMGM website on their desktop computers.

Odds are competitive, and the sports betting menu is extensive. However, the prop bet options are not always on par with other sportsbooks.

The exclusive BetMGM MD promo code RG1600 lets new users Get a 20% Deposit Match up to $1,600 in Sports Bonus! You have to deposit $8,000 to max out the offer, but you can certainly deposit less and still get the 20% match.

Alternatively, you can Get up to $1,500 Back in Bonus Bets if Your First Bet Doesn’t Win! with code GRINDERS. While this welcome promo can get you up to $1,500 in bonus bets, that’s only if you risk that much on your first bet. If you win your first bet, you get nothing for signing up. The deposit match is the more attractive option if you want bonus bets guaranteed.

The BetMGM welcome offers are some of the better Maryland sportsbook promos, and BetMGM does not stop rewarding users after they sign up. BetMGM periodically offers existing users bet insurance, profit boosts, promos for special events, free-to-play games, and a generous refer-a-friend bonus.

With mobile sportsbooks in Maryland needing to partner with a brick-and-mortar retail location, BetMGM naturally chose MGM Harbor, one of the state’s most popular and well-known casinos. Its retail sportsbook launched in December 2021.

Check out our BetMGM Bonus Code and review for more information!

DraftKings Maryland: Best for Easy Bonus Bets

DraftKings established itself as a leader in the daily fantasy industry before entering the sports betting industry and has become one of the more popular brands in the business.

While DraftKings might lean on name recognition to get people to sign up, that isn’t the operator’s only tactic. DraftKings offers one of the best Maryland sports betting promos in the industry: Bet $5, Get $150 in Bonus Bets – Instantly! Whether your first bet wins or loses, you’ll get a generous $150 in bonus bets added to your account.

Along with an outstanding welcome offer (that does not require a Maryland sportsbook promo code), DraftKings has an easy-to-use and reliable mobile app and several good banking options.

While it has one of the more recognizable names and a solid welcome bonus, DraftKings’ odds are not nearly as competitive as several of the prominent sportsbooks in Maryland.

Along with the signup bonus, DraftKings offers several Maryland sportsbook promos and bonuses to existing users, too. Check the promos page for offers like No Sweat Bets (bet insurance), odds/profit boosts, refer-a-friend, parlay insurance, and the DraftKings Dynasty Rewards program.

Check out our DraftKings Promo Code and review for more information!

Caesars Sportsbook Maryland: Best for Usability

Caesars Sportsbook Maryland hit the ground running, as its rollout coincided with the launch of legal online sports betting in the Terrapin State on November 23, 2022. Known for its customer service and an industry-leading rewards program, Caesars Rewards, Caesars Sportsbook MD has a reputation for excellence that is second to none.

Like most sportsbooks, the odds at Caesars Sportsbook MD are competitive across all sports. Its sports betting app is one of the best in the industry—it’s clean-cut, easy to navigate, and features a wide range of betting markets and a solid overall prop bet menu.

Fans can livestream select horse races as well as NFL games via the app. However, while live streaming is available, the quality of the stream could be better. It is not unusual for some pages to take longer to load than others.

The generous bonus offer is Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn’t Win! when you register with code RGBAM1000. This second chance offer only gives you bonus bets if your first bet loses, but it’s still a good way to get started with a sportsbook.

Along with a generous welcome bonus for new users, existing users can enjoy various promotions (futures bet match, odds/profit boosts, refer-a-friend, etc.).

The Caesars sports betting app is partnered with the Horseshoe Casino in Baltimore, which opened up a retail betting location in December 2021. However, the app could not launch until the following year in November.

Check out our Caesars Promo Code and review for more information!

Crab Sports: Best for Simplicity

You won’t find Crab Sports anywhere else, as this sportsbook is Maryland-specific. It eliminates a lot of the bells and whistles by clearing displaying markets and lines and running direct ongoing promos to help you get the most value possible.

This local sportsbook also features a user-friendly desktop interface and an app that’s compatible with Apple and Android devices.

Crab Sports is definitely worth testing out, but don’t expect too much from the welcome offer of Get First Bet Insurance up to $500! with code GRINDERS. We’ve seen first-bet insurance with higher caps. Plus, your first wager must have odds of -120 or longer and be at least $25. And, be sure to make a first bet that’s divisible by $25, as Crab Sports rounds down its bonus bet allocation in increments of $25.

While Crab Sports is good for basketball and football wagers, you can check out our other recs for the best NFL betting apps and NBA betting apps.

ESPN BET Maryland: Best Promo for Bet Insurance

The worldwide leader in sports entertainment, ESPN, jumped into sports betting when it launched ESPN BET on November 14, 2023, joining the fold of Maryland sportsbooks that same day.

Having the backing of a massive brand like ESPN gives it a leg up on many sportsbooks. Through its partnership with PENN Entertainment, ESPN BET is powered by one of the best sports betting platforms in the industry.

However, while the sports betting app is sleek, clutter-free, and easy to use, there are some cons to ESPN BET. The app tends to slow down during busy betting times when bettors need it to be even more efficient. The odds are not bad, but they could be better.

ESPN BET competes well in the Maryland sports betting industry via its welcome offer of a $1,000 First Bet Reset! This offer allocates bonus bet credits if your first wager loses, so it provides a decent cushion and allows you to customize your initial bet (up to $1,000).

Once you sign up with promo code RGMAX, the Maryland sportsbook promo offers do not stop. ESPN BET offers a range of different odds boosts, along with bet-and-get offers, bet insurance, and the PENN Play Program.

Check out our ESPN BET Promo Code and review for more information!

FanDuel Sportsbook Maryland: Best Value

FanDuel is considered one of the top sportsbooks in the industry. Active in over 20 states and Maryland, the sports betting app is widely regarded as having the most user-friendly interface. Customer service is prompt and reliable, and you’ll find plenty of banking options and some of the most competitive odds in the U.S.

While FanDuel offers one of the best Maryland sports betting promos, you need to win your first bet to claim the bonus bets. The terms and conditions allow you to bet on a heavy favorite, but sometimes, such teams still lose.

Along with the Bet $5, Get $200 welcome offer, FanDuel offers several bonuses to existing players. Check the promos page daily to claim profit/odds boosts, bet insurance, and event-specific deals.

FanDuel had already established a name as an industry leader in daily fantasy sports before branching into the online sports betting industry. It was among several sportsbooks that launched in Maryland as soon as allowed on November 23, 2022.

Bettors can find retail locations at Bethesda Sports and Social and Live! Casino & Hotel Maryland.

Check out our FanDuel Sportsbook Promo Code and review for more information!

Maryland Sports Betting Markets

Sports bettors will often find the following betting markets at Maryland sportsbooks:

• Single-game: This is the simplest form of betting and is just a wager on one of the markets in the betting line for a specific game. This includes betting on the point spread, moneyline, and total (over/under).
• Over/Under: The over/under refers to the listed total for a game and gives bettors a chance to bet on the outcome of a game without picking a winner. Bettors choose whether they think the final combined score from both teams will be higher (over) or lower (under) than the projected total.
• Moneyline: If you want to bet on the outright winner of a game without a point spread involved, you bet on the moneyline. To make up for the competitive advantage/disadvantage, bets on the favorite will win less than bets on the underdog.
• Pools: Pools are a more casual style of betting, often done amongst groups of friends. In a pool, everyone will put their money in. If you win, you get a share of the pool with anyone else who backed that team/player.
• Exchange wagering: This gets done via a betting exchange where bettors can bet against each other, much like at a traditional sportsbook but for lower fees. Bettors can buy or sell their bets in real time during an event to cut their losses or lock down a profit.
• In-game wagering: This is just betting on a game while it is in progress. The markets available will vary from one sportsbook to the next. Odds are subject to change during timeouts and commercial breaks or even as the action unfolds.
• Prop bets: Prop bets are wagers on whether something will occur or not occur during a game. Some of the most common types include rushing, passing, or receiving yards for a specific player (sometimes by the quarter, half, or whole game) or whether a player will score a touchdown or hit a home run.
• Straight bets: A straight bet is simply a wager on one of two teams to win a game.

Legalization of Maryland Sports Betting

Like many states, the demand for legal sports betting didn’t take long to become apparent in Maryland once PASPA was overturned in 2018. But while demand existed, the path to launching legal sports betting in Maryland was long:

• November 2020: Voters overwhelmingly pass a state referendum to legalize betting on sports.
• May 2021: Sports betting became legal when Governor Larry Hogan signed HB 940 into law.
• December 2021: Retail sports betting launched.
• November 2022: Online betting licenses are awarded to 10 Maryland sportsbook mobile apps by the Sports Wagering Application Review Commission.
• November 23, 2022: Mobile/online sports betting launches in Maryland.

How to Read Maryland Sports Betting Sites Odds

If you are new to sports betting, you may find reading the odds at sports betting sites challenging. To explain how, let’s review an example betting line for the 2024 season opener between the Kansas City Chiefs and Baltimore Ravens:

We know the Ravens are the underdogs in this game since there is a plus sign in front of their point spread. This means that bettors can add three points to the final score for the Ravens, and if that number is greater than the final score for the Chiefs, the Ravens bet is the winner.

Consequently, those who bet on Kansas City must subtract three points from the final score for the Chiefs. If that number is still greater than Baltimore’s final score, the Chiefs bet is a winner.

Now, for those who bet on the Ravens, since the odds are -112, they’d have to wager $112 to win $100. Chiefs supporters would have to bet $108 to win $100. But if you bet on the Raven moneyline and they win, a $100 bet will result in a $230 payday, your stake plus $130 in winnings.

Odds will vary from one sportsbook to the next, so we recommend reviewing the odds for any game you want to bet on at several sportsbooks to ensure you get the best deal.

Odds Boosts

An odds boost is one of the Maryland sports betting promos that encourage users to bet on a particular market. With odds boosts, bettors stand to win more money if the bet is graded a winner.

Sportsbooks often take specific markets and boost the odds for that particular one. But they will also offer users profit boost tokens, allowing them to boost the wager of their choosing. Sometimes, these tokens may be specific to things like parlays or same-game parlays.

Getting Started With MD Online Betting Sites

Still not sure which Maryland sports betting apps are worth your time? Here are some factors to consider when choosing:

Banking Options/Payment Methods

Sportsbooks know that users may be uncomfortable using specific banking methods online. To that end, they usually offer users various ways to make deposits and/or withdrawals.

It is not unusual for a sportsbook to require you to use the same method for a withdrawal as you did for a deposit, so keep this in mind for when you want to take out funds.

Withdrawal Speed

Depending on your method of withdrawal, the speed can be as short as one hour (in person at the casino cage) or as long as 14 days (checks). Electronic methods tend to be quicker, some taking as little as a day and others up to two days.

Speed can also be impacted by how busy your sportsbook is. For instance, events like March Madness, the NBA playoffs, and the Super Bowl keep sportsbooks very busy and might cause withdrawals to take longer.

Referral Programs/VIP Programs

Sportsbooks offer generous welcome promos to attract new users, but they also know they need to offer something to existing users to encourage them to return, even if they’ve been losing. To that end, sportsbooks will use referral and VIP programs.

Referral programs reward existing users for getting friends to sign up. But just signing up is usually not enough; sportsbooks want to see your friend make a deposit or place a bet first. When they do, you and your friend get rewarded with bonus bets.

If you don’t have friends that want to sports bet, there’s always VIP programs to take advantage of. You can earn points depending on your betting habits, which you can put towards various things depending on the sportsbook (e.g., bonus bets, hotel rooms, experiences at a casino/resort, meals, etc.).

Maryland Betting Promos: Welcome Bonuses

Sportsbooks know that bettors have plenty of options regarding who they place their bets with. So, to encourage bettors to sign up with them, Maryland sportsbooks offer incentives via Maryland betting promos.

Many Maryland sportsbooks like to offer bet insurance, deposit match, or bonus bets. Terms and conditions will apply to each, so read the fine print of Maryland betting promos before signing up.

Mobile App Availability

It is not as much of an issue nowadays, but when the Maryland sports betting industry was still in its infancy, sportsbooks did not always have a sports betting app. In those early days, sports betting apps were not available for iOS and Android devices.

However, as technology has progressed, so has the availability and reliability of sports betting apps. Some platforms like Fanatics MD in fact only have their sportsbooks available in a mobile capacity.

Live Streaming

Sportsbooks know that it can be more fun to bet when you can watch the action unfold, hence having live streaming available for specific events. At one time, this typically involved sports that took place overseas that users in the U.S. may not have had access to.

However, in recent years, several sportsbooks have struck deals with the NFL to livestream certain NFL games.

Live Betting Options

While it can be a ton of fun to watch a game unfold that you have money on, it can be just as fun to bet on a game while it is in progress. Depending on the sportsbook, live betting can give you a chance to wager on the outcome of a drive or whether a batter will get a hit or strikeout.

Wagers can also be made on various prop bets, the outcome of a quarter/half/game with a changing spread/moneyline, or the total as it adjusts during a game. Odds for any open market are subject to change at any time while a game is in progress.

Odds Comparisons

If you want to win the most you can every time you place a wager, you need to compare the odds at various sportsbooks to “shop” for the odds most advantageous to you. Odds will often vary amongst Maryland sportsbooks and will change depending on the needs of the specific operator.

For instance, if a sportsbook takes a ton of bets and a lot of handle on one side of a wager, they’ll alter the odds to encourage bettors to take the other side.  By comparing the odds at several sportsbooks, you can ensure that when you bet, your payout will be larger (if you win your wager).

Customer Support

Sportsbooks know that users will sometimes have problems they need help with. That is where customer support comes in handy. Most sportsbooks offer online guides to help with common issues, and those who need more direct support can often leverage an online chat feature or support via email or phone.

Reviews

It is easy to read reviews of sportsbooks by betting experts, but sometimes, the way to see how well an app works is to check customer service reviews available at your app store. You can find out what works well, what needs to get fixed, and/or what’s not working.

When reading customer reviews, it is crucial to remember that people are more prone to posting reviews online about things that make them mad. So, you can’t always trust them to be 100% accurate.

Types of Maryland Sports Betting Promos

It’s true that no two Maryland sports betting bonuses are the same. Below, we discuss the different types available to new and existing users:

Deposit Bonus

When sportsbooks offer deposit bonuses, they are offering to match a given percentage of your deposit, usually in the form of bonus bets. For example, if a sportsbook is offering a 20% deposit match, you would get $100 in bonus bets if you made an initial deposit of $500.

No Deposit Bonus

Sportsbooks give this bonus to new users simply for signing up. They don’t have to deposit anything to get it—just finishing the registration process will do the trick.

New User Welcome Bonus

Sportsbooks offer incentives such as deposit matches, bet-and-gets, and bet insurance to encourage new users to sign up.

Bet Insurance

A common welcome bonus, bet insurance gives bettors another chance to use the funds lost in a particular wager by giving them back the stake of their first bet in bonus bets. Bet insurance is referred to by several names (No Sweat Bet, First Bet Insurance, Second Chance Bet, etc.).

Referral Bonus

For every person who signs up for a new account using your referral link, sportsbooks often award you and that person bonus bets.

More Gambling in Maryland

Online/mobile sports betting may be the current craze in the wide world of gambling. However, it is not the only form of gambling available to people in Maryland:

Horse Racing

Horse racing in Maryland dates back to the early 1740s with the state being home to one of the most famous tracks (Pimlico Racecourse) and races (Preakness Gates). Horse racing also takes place at Laurel Park, Casino at Ocean Downs, Rosecroft Raceway, and the Maryland State Fair.

Bettors can get in on the action at their favorite racetrack, as many sports betting apps carry horse racing odds.

Casinos

Casino gambling has been legal in Maryland since 2008, but table games were not allowed in casinos until legislation passed in 2012. Patrons can now enjoy video slot machines, table games, and poker in person, though online casino gambling has yet to be legalized in the Free State.

The Hollywood Casino Perryville was the first retail casino to open in Maryland in 2010, followed by:

• Ocean Downs in 2011
• Live! Casino & Hotel opened in 2012
• Rocky Gap Casino Resort in 2013
• Horseshoe Casino Baltimore in 2014
• MGM National Harbor in 2016

DFS

Though not technically gambling, daily fantasy sports is another way for Maryland users to have a stake in various sports events. Check out sign-up bonuses from the best DFS sites below:

Social Sportsbooks

Like DFS, social sportsbooks aren’t classified under traditional Maryland sports betting but still give you a way to get in on the action. Consider claiming the welcome bonuses from these top providers:

Responsible Betting With Maryland Sportsbook Promos

Maryland sportsbooks want your business, but they also want to encourage everyone to bet responsibly. Do not bet with money you can’t afford to lose. Set limits for yourself to ensure you don’t spend too much time online or bet too much. Managing your bankroll and developing a solid betting strategy can help.

There are several resources available to people in Maryland who feel like they may need help with a gambling problem:

• Maryland Center of Excellence on Problem Gambling
• Maryland Council on Problem Gambling
• Maryland Alliance for Responsible Gambling

While these local resources should be sufficient, you may also contact the National Council on Problem Gambling at 1-800-GAMBLER.

Maryland Sportsbook Promos FAQ

Have lingering questions about Maryland sportsbook bonuses? Check out the FAQs below:

Is mobile sports betting available in Maryland?

Yes, mobile sports betting is available in Maryland. It was made legal when Governor Larry Hogan signed HB 940 into law in May 2021. However, online sports betting didn’t officially launch until November 23, 2022.

What is the legal sports betting age in Maryland?

The legal gambling age in Maryland is 21.

What sports can I bet on with a Maryland sportsbook?

Maryland bettors can engage in online sports betting for all major sports (NFL, MLB, NBA, NHL, NCAAF, NCAAM, NCAAW, the Olympics, golf, tennis, UFC/MMA, motorsports, boxing, etc.) along with popular international sports like soccer, rugby (union and league), Aussie rules football and cricket.

Do bonus bets expire?

Bonus bets from Maryland sportsbook promo codes typically expire. Check with your sportsbook to see how long you have to use bonus bets. Many sportsbooks give you seven days (168 hours after they get issued), but you could have up to two weeks or even a month to use any bonus bets awarded.

How can I deposit and withdraw funds?

You can deposit and withdraw funds from your account by signing into your account, clicking on your desired action (deposit or withdraw), choosing a banking method, entering an amount into the appropriate space, and hitting enter.

Can I use more than one sportsbook to bet?

Of course, you can use more than one sportsbook for online sports betting. To line shop, you will need to join several to take advantage of the best odds for the market you want to bet on.

Can I bet on college sports in Maryland?

Yes, you can bet on college sports in Maryland. However, as of March 1, 2024, sportsbooks were no longer allowed to take bets on player props for college sports.

Are sports betting winnings and Maryland sportsbook promo codes taxable in Maryland?

Yes, sports betting winnings in Maryland are subject to federal and state income tax.

What are the best Maryland sportsbook promos?

One of the best Maryland sportsbook promos is available at Fanatics, which allows users to

Travis Pulver (Travis_Pulver)

Travis is a lifelong football fan, something he says comes naturally having been born in the football-crazy state of Texas. Through the years, his love of sports has extended into baseball, basketball, golf, rugby, etc. Life currently finds him living in Indiana with his lovely wife and two adorable kids.