Maryland Sports Betting Bonuses

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In April 2021, Maryland took a significant step towards embracing the sports betting industry with the passage of legislation to legalize the activity. With the launch in November 2022, a highly competitive market is expected as numerous sportsbooks vie for a foothold in the Maryland landscape. A key strategy that these operators will employ to entice customers is the offering of diverse and attractive sports betting bonuses and promotions.

Top Bonuses 2023
New Mobile Offer
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.
T&Cs Apply
T&C Apply

Bet Credit $1,500
4.8 rating
Up to $,1,000
in Bonus Bets
Welcome Bonus
2nd Chance 5 X UP $50 Bet Credits
1 Per Day for 5 days
T&Cs Apply
T&C Apply

swimmer icon The Latest MD Sports Betting Bonuses

Our goal is to keep you informed about the most current bonuses and promotions available for sports betting enthusiasts in Maryland. We frequently update this page to reflect the latest offers from various sportsbooks in the state.

The following list showcases the most recent new customer offers from each MD sportsbook:

Barstool Sportsbook LogoComing Soon
BetMGM logoRisk-free bet up to $1,000
BetRivers logo100% deposit match up to $500
Caesars Sportsbook logoBet Credit up to $1,500
DraftKings sportsbook logo$200 in Free Bets
FanDuel sportsbook logoRisk-free bet up to $2,500
PointsBet sportsbook logo$200 in Risk Free Bets

New customer offers, such as those listed above, are exclusively available to individuals signing up for a new account without prior registrations. Some offers may require a promo code during sign-up, while others may automatically award rewards to your account.

For existing customers, sports betting bonuses can be found on the promotions page of your chosen Maryland sportsbook. Bonuses will differ between operators, so it’s advisable to explore various sportsbooks to determine which ones offer the most appealing bonuses for the events you plan to bet on.

tennis player Evaluating the True Value of Sports Betting Bonuses

While it’s rare to find freebies in life, it’s important to remember that they often come with strings attached. Maryland sports betting bonuses are no exception. Although they may appear enticing at first glance, it is crucial to understand the associated terms and conditions governing their use and acquisition.

Typically, bonuses necessitate a minimum deposit and have an expiration date for the bonus funds. You can find these details in the promotion’s terms and conditions.

A common element among all bonuses is the wagering requirement. Bonus funds are usually placed in a separate wallet from your deposited funds. You must then wager the bet credits a specified number of times before any winnings are transferred to your regular funds and become eligible for withdrawal.

For instance, if you deposit $100 into your account with a 1x wagering requirement, you only need to bet that $100 once. However, if the wagering requirement is 10x, you must wager $1,000 before you can withdraw any winnings generated from your bonus.

Once the wagering requirements are fulfilled, you can freely use the funds as you see fit.

4.8 rating
Up to $,1,000
in Bonus Bets

basketball player icon Types of Bonuses & Promotions for New Customers

Here is an overview of the various bonuses that new customers can expect to find at sportsbooks in Maryland:

No-Deposit Bonus

A no-deposit bonus provides you with free bet credits without requiring you to add funds to your account. This allows you to gain familiarity with the betting process before risking any of your own money.

First Deposit Bonus

Typically offered as a sports betting sign-up bonus to welcome new customers, this promotion matches your deposit up to a certain amount.

2nd Chance Bet
Up To $500 Bonus Bet
T&Cs Apply
T&C Apply

Commencing at launch of BetRivers Maryland online sportsbook and ongoing. The database clock for the Services will be the official timekeeping device for the Promotion.

Risk-Free Bet

  • A risk-free bet allows you to place a wager without any risk. After depositing funds and placing a wager, you win or lose. If you lose, your stake, up to a specified value, will be refunded in free bet credits.
4.8 rating
Up to $,1,000
in Bonus Bets

Bet Credits

  • Free bets are essentially bonus funds added to your account. They might be restricted to specific events or types of bets.
New Mobile Offer
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.
T&Cs Apply
T&C Apply

Bet Credit $1,500

Odds Boosts (Enhanced Odds)

  • Odds boosts are provided by numerous Maryland sports betting operators, offering enhanced odds for particular events. For instance, if the Super Bowl is approaching, an operator may offer moneyline odds of -110 and +110. These odds can be boosted to -90 and +130, providing players with better returns.

parachutist icon Promotions for Existing Customers

Existing customers can also enjoy various rewards and promotions. Many operators implement regular promotions to maintain a satisfied customer base. These offers may be directed towards players who haven’t placed bets in a while, to entice them back, or as rewards for regular customers.

Here are some of the different types of sports betting bonuses available in Maryland:

Parlay Insurance

  • A parlay bet involves multiple lines on one wager, such as covering all NBA games during a week. Parlay insurance refunds your stake if only one line fails.

Early Payout

  • An early payout can be awarded if certain conditions are met. For example, if you bet on D.C. United beating Philadelphia Union in an MLS game, the sportsbook may payout early if D.C. United takes a 2-0 lead at any point during the match.

Close Call Insurance

  • Close call insurance applies when an outcome is narrowly missed. In horse racing, for example, it could refund your bet if your horse loses following a photo finish.

Cashback Bonus

  • Similar to a risk-free bet, a cashback bonus offers a refund if your bet loses, typically as a percentage of your stake.

Refer-a-Friend Bonus

  • This bonus is awarded when you successfully refer a friend to join the same sportsbook as you. As long as they make the minimum deposit required, both the new and existing player are rewarded.

Loyalty Bonus

  • Loyalty bonuses reward dedicated customers, usually through a rewards program where you earn points for placing wagers on events. The more points you accumulate, the more significant the rewards you receive.

hockey player Maryland Sports Betting Bonuses FAQs

When did sports betting become legalized in MD?

Maryland sports betting became legal to play November 2022

How old do I have to be to place wagers in Maryland?

You must be 21 years or over in order to legally place bets in MD.

Can I expect bonuses and promotions when I sign up for a new sportsbook account in Maryland?

Yes, new customers can expect various bonuses and promotions, such as no-deposit bonuses, first deposit bonuses, risk-free bets, bet credits, and odds boosts, when signing up for a new sportsbook account in Maryland.

Do all bonuses come with wagering requirements?

Most bonuses come with wagering requirements, which dictate the number of times you must wager the bet credits before any winnings can be transferred to your regular funds and become eligible for withdrawal.

Are there restrictions on the types of events I can use my bet credits on?

Some bet credits may be restricted to specific events or types of bets, so it’s essential to read the terms and conditions associated with each bonus to understand any limitations.

Do I have to live in MD to place wagers?

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.