Although the bill to legalize Maryland sports betting passed in April 2021, sportsbooks are not expected to launch operations until late 2022. As such, there will be plenty of competition from sportsbooks looking to operate in MD, and one way they will attract customers is by offering various sports betting bonuses and promotions.
Up to $1,500
Bet Credit
Wager up to $1,500 for your first bet. If you win, congrats! If you don’t, you’ll get that amount back as a bet credit to use on your next wager.
The Latest MD Sports Betting Bonuses
The Latest MD Sports Betting BonusesWe aim to provide you with all the latest bonuses and promotions available in Maryland, updating this page regularly as we learn when sportsbooks update their offers.
Below you’ll find the latest new customer offers for each sportsbook in MD:
| Sportsbook | Bonus |
 | Coming Soon |
 | Risk-free bet up to $1,000 |
 | 100% deposit match up to $500 |
 | Bet Credit up to $1,500 |
 | $200 in Free Bets |
 | Risk-free bet up to $2,500 |
 | $200 in Risk Free Bets |
New customer offers like those above are offered to those who sign-up for a new account and that have not previously had one. Sometimes you will need to enter a promo code when signing up, and sometimes rewards will be awarded automatically to your account.
There will also be sports betting bonuses available for existing customers, and these will be found on the promotions page of the Maryland sportsbook you use. Bonuses will vary from site to site, so it’s always good to look around at which operators offer which bonuses on the events you’re interested in placing wagers on.
Keep reading to find out more about the different types of bonuses available with all the sportsbooks above and how they work.
Are Bonuses as Good as They Seem?
Are Bonuses as Good as They Seem?You don’t get many free things in life, and when you do there is usually a catch. MD sports betting bonuses are just the same. Yes, they all look great up front, but there are terms and conditions attached to how you must earn and use them.
Normally, bonuses require a minimum deposit, and you can’t forget about the expiration date for your bonus funds; all of this information will be in the T&Cs of the promotion.
One thing they will all have in common is wagering requirements. Your bonus funds will be put into a separate wallet than your deposited funds. You must then wager any bet credits a certain number of times before any winnings will be added to your regular funds and can be withdrawn.
For example, if you have deposited funds of $100 into your account and the wagering requirement is 1x, then you only have to bet that $100 once. If it has a 10x wagering requirement, you would need to wager $1,000 to be able to withdraw any winnings earned from your bonus.
Once wagering requirements are met, you are then free to use those funds however you wish.
What Kind of Bonuses and Promos Can New Customers Expect?
What Kind of Bonuses and Promos Can New Customers Expect?Here are some of the various bonuses you will find at sportsbooks in MD:
No-deposit Bonus
- A no-deposit bonus works by offering you free bet credit without needing to add funds to your account. This allows you to get a feel for how betting works before you risk any of your own money.
First Deposit Bonus
- Offered usually as a sports betting sign-up bonus to welcome new customers, this type of promotion will match your deposit up to a certain amount.
Risk-Free Bet
- A risk-free bet is just that: the chance to place a bet risk-free. The idea is that you deposit funds, place a wager and if you win, great. If you lose, your stake up to a certain value will be returned in free bet credits.
Bet Credits
- Free bets are essentially bonus funds added to your account. They may be restricted to the type of event they can be used on.
Up to $1,500
Bet Credit
Wager up to $1,500 for your first bet. If you win, congrats! If you don’t, you’ll get that amount back as a bet credit to use on your next wager.
Odds Boosts (Enhanced Odds)
- Odds boosts are available from a number of Maryland sports betting operators, offering enhanced odds on specific events. For example, if the Super Bowl was coming up, an operator may offer moneyline odds of -110 and +110. This could then be boosted to -90 and +130 to offer players better returns.
What Promos are Available for Existing Customers?
What Promos are Available for Existing Customers?Existing customers can be rewarded as well as new customers. Many operators use regular promotions to help keep their customer base happy. Sometimes they will be offered to players who may not have wagered any bets in a while to entice them back, and other times they will be given as rewards to regular customers.
Here are some of the different types of sports betting bonuses you will find in MD:
Parlay Insurance
- A parlay bet is when there are multiple lines on one bet, such as covering all NBA games from a game week. Parlay insurance occurs when you get your funds back if only one line lets you down.
Early Payout
- Early payout can be awarded for certain conditions being met. If you bet on D.C. United beating Philadelphia Union in an MLS game, for example, the sportsbook may payout early if D.C. United takes a 2-0 lead anytime in the match.
Close Call Insurance
- Close call insurance works when something is a close call. If we take horse racing, for example, it could return your bet if your horse loses following a photo finish.
Cashback Bonus
- Similar to a risk-free bet, you can earn cash back if your bet loses. This is often returned as a percentage of your stake.
Refer-a-Friend Bonus
- This type of bonus is paid out if you successfully refer a friend to join the same sportsbook as you and awarded as long as they make the minimum deposit necessary. Sportsbooks will often reward both the new and existing player.
Loyalty Bonus
- Loyalty bonuses reward loyal customers, usually via a rewards program in which you earn points for placing wagers on events. The more points you have, the bigger the rewards you earn.
Maryland Sports Betting Bonuses FAQs
Maryland Sports Betting Bonuses FAQsMaryland sports betting became legal as of April 2021.
You must be 21 years or over in order to legally place bets in MD.
You can create multiple accounts by setting up accounts with different Maryland sportsbook operators, but you are not allowed to create multiple accounts with the same provider. Doing so could lead to your accounts being suspended.
There could be a number of reasons for this, and it should be explained in the offer T&Cs. It will likely be that your promotion had an expiration date and the funds were not used before it expired, or you failed to meet certain requirements.
You can add and withdraw funds from anywhere, but to place wagers on events, you must be within MD state limits.
No, you don’t have to reside in Maryland to place wagers, you can travel into Maryland from neighboring states. But you must be within the Maryland state limits to legally place a bet.
