Best Maryland Sportsbooks | Guide to Maryland Sports Betting 2024

DraftKings Sportsbook Maryland

DraftKings Maryland Sportsbook is considered our best overall Maryland sports betting site. DraftKings was one of the first Maryland sportsbooks, offering the most competitive odds, especially live betting markets.

BetMGM Sportsbook Maryland

You'll find all the top features available at BetMGM Maryland Sportsbook, including a parlay builder and live betting odds. It's one of the best Maryland sportsbooks.

BetMGM Maryland is the official partner of MGM National Harbor. In addition, they're also the official sports betting partner of the Baltimore Ravens. 

We can say it's one of the top Maryland sportsbooks for rewards. The BetMGM app always have attractive welcome bonuses when joining. You’ll also automatically join the MGM Reward Program and earn perks. Bank your points or use them as credits at MGM Resorts properties across the United States.

Caesars Sportsbook Maryland

The Caesars Maryland Sportsbook is considered one of the best Maryland sportsbooks live now. You can also earn Reward Credits and Tier Credits to use online or in person at Caesars properties. Caesars Sportsbook Maryland is known for its great live betting odds and customer service, too. 

Caesars Sportsbook benefits from retail licenses in Maryland due to its partnership with the Horseshoe Casino in Baltimore. 

FanDuel Sportsbook Maryland

FanDuel Maryland Sportsbook is known for its excellent mobile platform, which offers bettors seamless action. FanDuel launched in Maryland thanks to its partnership with Live! Casino & Hotel Maryland, where it runs a retail sportsbook.

FanDuel is one Maryland sports betting site going big on the NBA. The brand was briefly offering MD bettors a three-month NBA League Pass on sign-up, with this being backed up by some of the best odds in the state on games involving neighboring teams such as the Washington Wizards.

BetRivers Sportsbook Maryland

BetRivers Maryland Sportsbook offers one of the best experiences in the state. BetRivers hosts retail betting in Maryland thanks to its deal with Bingo World. 

Look out for big-money Same-Game Parlay contests where you can earn a slice of shared prize pools. Another highlight is the iRush rewards program where you earn credits for every sports bet. 

More Recommended Maryland Sportsbooks

• ESPN BET Sportsbook
• Crab Sports Sportsbook
• betPARX Sportsbook
• SuperBook Sportsbook

BetFred Maryland Sportsbook

BetFred Maryland is ideal for in-state bettors interested in diverse international and niche sports markets.

Fanatics Sportsbook Maryland

Recently launched, Fanatics Sportsbook Maryland became fully accessible on August 16, 2023.

How We Rate & Review Maryland Sportsbooks

Our comprehensive evaluation process ensures that we recommend only the top online sportsbooks to our readers. Here's what we look for in Maryland sportsbooks:

Maryland Sportsbooks Retail Locations & Partnerships

You can bet at the following retail betting locations in Maryland:

How to Sign Up & Bet with Maryland Sportsbooks

Note that there are no residency requirements for registering at Maryland sports betting sites. You just need to be within state lines in order to make online sports bets. Mobile betting apps require you to enable geolocation while using the platform in order to verify your location.

1. Choose a Maryland Sportsbook: Read our reviews above, and remember you can choose more than one
2. Activate Your Offer: Click through our links or banners to head to a sign up page. Enter Maryland sportsbook promo codes here if needed. 
3. Create an Account: Enter your personal info, including address, last 4 digits of SSN for verification, and email.
4. Fund Your Account: You can use either via debit or credit card, prepaid cards like Play+, e-wallets like Paypal, or through the retail casino cage. Collect any no-deposit registration offers if available.
5. Start Betting: Choose your preferred odds from the home A-Z menu or find upcoming games in the calendar, click or tap the odds and a bet slip will pop up.
6. Complete Bet Slip: Enter your wager amount and confirm.
7. Wait for Bet to Settle: See if you turned a profit or if it's better luck next time. 

Maryland Sportsbook Banking Methods 

When engaging in sports betting in Maryland, bettors have a plethora of convenient and secure banking options at their disposal. Maryland sportsbooks provide a range of deposit methods to cater to the diverse preferences of their users. Here are some of the most common banking methods available:

• Debit Cards: A widely accepted and straightforward method, debit cards offer instant deposits, allowing bettors to start placing wagers immediately.
• e-Wallets: Digital wallets, such as PayPal and Skrill, have become increasingly popular due to their ease of use and enhanced security features. They provide a seamless transaction experience, both for deposits and withdrawals.
• Sportsbook-Branded Prepaid Cards: Some sportsbooks offer their branded prepaid cards, which can be loaded with funds and used for both deposits and withdrawals. These cards often come with additional perks and rewards for users.
• PayNearMe: For those who prefer cash transactions, PayNearMe provides an option to deposit cash at local 7-Eleven stores. It's a secure method that bridges the gap between online betting and cash payments.
• In-Person Deposits: Bettors can also visit retail sportsbooks in person to fund their online accounts. It's a traditional method that offers a tangible experience.
• Withdrawals: Most sportsbooks allow bettors to withdraw their winnings using their default payment provider. Additionally, bank transfers to checking accounts are commonly available, ensuring bettors can access their funds with ease.

It's essential for bettors to choose a banking method that aligns with their preferences and ensures the safety of their funds. As the sports betting landscape in Maryland continues to evolve, bettors can expect even more innovative and user-friendly banking options in the future.

Maryland Sports Teams to Bet On

Maryland Sportsbook Betting Options

You can place a variety of bets at Maryland sportsbooks. Bet the straight moneyline on sports in Maryland or go big on futures for next year’s Super Bowl.

• Moneyline: A straight bet on the winner of a game, match or tournament.
• Parlay: A bet containing multiple wagers, either covering different games, or single-game parlays containing bets from one game.
• Totals (Over/Under): A wager on the total number of goals or points in a game. You bet over or under the sportsbook’s mark.
• Spreads: Bets where the favorite and underdog are assigned a point handicap or headstart before the game begins.
• Futures Bet: A wager on a sports event taking place days, weeks or months in the future.
• Props: Bet on a player’s individual performance or score, like total rushing yards or total goals scored.
• Live Bets: An “in-play” bet on a market taking place right now. You can also cash out in-play bets before the games finish.
• Teasers: A point spread bet where you decide what the spread will be. You can tease up or down, usually to -8 to +8 points.

Maryland Sports Betting Legislation & Licensing

Maryland sports betting was legalized in May 2021. Governor Larry Hogan signed HB 940, paving the way for both retail and online sports wagering. While retail sportsbooks were operational by Decemeber 2021, mobile betting faced delays due to a complex regulatory structure. 

The state has two main regulatory bodies: the Maryland Lottery and Gaming Control Agency (MLGCA) and the Sports Wagering Application Review Commission (SWARC). SWARC, in particular, was established to ensure inclusivity in the sports betting market, especially for women and minority-owned businesses.

Maryland's betting ecosystem serves a broader purpose. Casino proceeds are channeled to support vital community pillars, including the Education Trust Fund, local communities, the state's horse racing industry, and initiatives for minority-owned businesses.

Maryland House Bill 940

This landmark bill was comprehensive in its approach, encompassing both in-person and digital sports betting. It proposed a distribution of up to 40 retail licenses. These were further bifurcated into:

• Class A Licenses: Tailored for the state's elite establishments, including six casinos, three major sports teams/stadiums, and the renowned Maryland Jockey Club. There's also potential for expansion, with considerations for NBA, NHL, and MLS teams in the pipeline.
• Class B Licenses: Crafted for businesses with a physical presence in Maryland, this category caters to diverse venues, from the Maryland State Fairgrounds to off-track betting parlors and sizable commercial bingo halls.

In a move that sets Maryland apart, HB 940 also greenlights up to 60 online licenses, the highest allocation across U.S. states. This provision is inclusive, welcoming both retail operators and exclusive online Maryland sportsbooks.

Taxes for Maryland Sports Betting

Bettors should be aware of the tax implications. The Maryland sports betting tax rate is 9.25% on resident winnings exceeding $5,000 and 7.5% for non-residents. Additionally, any winnings above $500 are subject to state taxes, ensuring a fair contribution to the state's revenue.

Responsible Gambling in Maryland

In Maryland, the importance of responsible gambling is recognized by Maryland sportsbooks, as well as various organizations' initiatives. The Maryland Center of Excellence on Problem Gambling is a notable entity that works towards promoting healthy and informed choices regarding gambling and problem gambling. 

Funded by the Maryland Department of Health’s Behavioral Health Administration, the Center focuses on:

1. Public Awareness: Educating the public about the warning signs of problem gambling and the resources available for help.
2. Training and Education: Offering training for mental health/behavioral health providers, preventionists, and Maryland organizations to better address and understand gambling-related issues.
3. Prevention and Support: Providing technical assistance to the behavioral health care system and offering peer recovery support to those affected by problem gambling.
4. Research and Policy: Engaging in research to understand the extent and impact of problem gambling in the state and influencing public policy to ensure the well-being of Maryland residents.

It's essential for gamblers to be aware of their habits and seek help if they notice signs of problem gambling. Resources like the Help for Sports Betting page provide specific guidance for those involved in sports betting. Always remember, gambling should be a form of entertainment, not a source of financial or emotional distress.

Quick Facts on Maryland Sportsbooks