Betting On The Washington Capitals In Maryland

Bettors will soon be able to bet on the Washington Capitals in Maryland. The Washington Capitals made the playoffs during the 21-2022 NHL season, so fans will want to be ready to bet on the NHL team when the season starts again.

Top 5 Sports Betting Apps In Maryland

Maryland will see sports betting apps launch sometime in this year. In the meantime, Maryland bettors have access to retail sportsbooks in the state. Whether you bet online or in-person, the following sportsbooks should be on your radar as these are top betting apps available in the US.

DraftKings Maryland

DraftKings is one of the most well-known online sports betting apps. DraftKings offers a $50 free bet plus a 20% deposit match bonus up to $1,000 when a new player establishes an account. This offer is available in states where DraftKings is legal.

DraftKings’ interactive options on its mobile app, including one-click betting, make them a favorite among online gamblers. They offer a wide variety of NHL bets, particularly during the NHL playoffs.

BetMGM Maryland

Claim a $1,000 risk-free bet to get you started at BetMGM. A great incentive to get you into the game. The interface looks similar to BetRivers, but a closer look reveals a lot more information for the serious gambler on the BetMGM site. Information is key in successfully playing the NHL odds, and this app has the most up-to-date information available short of hanging outside the locker room.

Caesars Sportsbook Maryland

When it comes to locations, Caesars Sportsbook is ahead of the game since it has dozens of physical sites in many states. Caesars Entertainment acquired William Hill and rebranded the established sportsbook last summer. With a long history of success in the market, particularly in the worldwide sports betting market.

BetRivers Maryland

An entertaining “Vegas” style online interface with betting lines for all major American and international sports catches the gambler’s eye. BetRivers NHL interface is live now. This means Capitals fans can place futures bets on NHL games. BetRivers also offers real-time information for last-second wagers and live in-game betting.

FanDuel Maryland

FanDuel gets the ball rolling with your initial signup, offering a no sweat first bet of up to $1,000 just for signing up. That offer expires after one bet, but it is a great enticement. FanDuel has an established presence in a number of states, offering both mobile and in-person betting options. 

How To Bet On The Capitals From Maryland

Legal online sports betting will arrive in Maryland in 2022, but bettors can visit retail sportsbooks to place a bet in the meantime. There are several mobile betting apps available through which wagers can be placed. Mobile apps offer several wagering options for those looking to place bets on the Washington Capitals.

How To Bet On The NHL Playoffs In Maryland

It’s a long time until the quest for Lord Stanley’s Cup begins in the summer of 2023, but you can bet on it right now. It’s called a futures bet, and the payoff can be huge if you put your money on a dark horse that comes through the playoffs to win the cup. If the Caps are rated at +500, it means you can put $100 down on a futures bet, and if they win the cup, you’ll collect $500.

How Are NHL Odds Calculated?

Let’s jump back to 8th-grade math where you were first exposed to the laws of probability and the concept of odds, probably with a pair of dice, or maybe flipping a coin.

Determining the odds in a professional or major college sporting event is a bit more complicated than counting heads or tails, but it remains a probability question.

History, offensive strength compared to defensive strength, home or away, sidelined players, new trades, coaching changes, all of these disparate factors go into determining the odds on a game. It’s the same for the NHL as it is for the NFL, MLB, or NCAA football and basketball.

An added calculation is often called the “smart money” with recorded bets on one team compared to another. For instance, the Capitals might have a $4.7 million bet on them to win in a Game 5 playoff contest with the Red Wings, while Detroit has $3.2 million on their tally.

That means the “smart money” thinks the Caps are the favorite and you’ll have to give points for an even bet.  The other option is for “long shot” betters who will take the underdog, take the points, and hope the losing team can cover the point spread.

Popular Ways To Bet On The Caps

Once you’ve chosen a gambling app, you’ll need to decide on how to bet. That might seem a little silly; don’t you just bet on which team is going to win? That’s an easy yes and no answer. If you place a moneyline bet, that’s all you’re doing. Betting on whether the Capitals win or lose.

There is much more to NHL betting, though than simply winning or losing wagers.

The puck line is similar to points in a football bet. In hockey, they call it goal spread. You can take the favorite with a 1.5-goal spread. For example, if the Caps are +1.5 goals, at odds of -110 against the Flyers, a bet pays on the Caps if they win by more than one goal. If the Flyers lose by just one goal or win, your bet on the Caps loses.

An interesting option in the NHL is the 60-minute line. It’s a bet that covers only regulation play. You can bet on the Caps to win, the Flyers to win, or for the first three periods to end in a tie. The odds are higher in this bet.

Parlays are combination bets, akin to betting on win and place in a horse race. You place a bet on two teams. If the Caps win and you also bet on the Penguins, you win the bet. Since you’re wagering on two unique outcomes the risks are greater, but so are the payoffs.

It’s not a sandwich, but you can be a ham if you don’t correctly bet a grand salami. This is a fun bet for many gamblers, allowing them to wager on how many goals are scored in a given day by all the teams on the ice.

Some people will bet on anything, if two birds are on a telephone line, they’ll wager which one flies off first. That’s the essence of a prop bet. It’s a proposition you can make on just about anything in a match. For example, how many goals does a player score? How many shots on goal does the goalie deflect? They’re run and wide open.

Over/under is a common bet in football, baseball, and basketball. It doesn’t matter who wins, it’s the combined goal total in a contest. If you think the Caps and Flyers will score fewer than seven combined goals, and the over/under is 6.5 goals. You’ll win if the final score is 3-3.

Washington Capitals Sports Betting FAQs

Can I legally bet on the Capitals in Maryland?

Yes. Retail sportsbooks are available in Maryland, including BetMGM at MGM National Harbor. Online sportsbooks are also expected to launch in Maryland before the end of the year.

How popular is betting on the Washington Capitals?

Hockey and the NHL borders on a mania for many fans. The Caps have a huge fan base. When they play the Flyers, Penguins, Blackhawks, or Red Wings that fan interest explodes with fans of the opposing teams putting their money down on their team or betting the odds against the Caps. That said, betting on the NHL is not as popular as betting on football or basketball for most bettors.

What is the closest sportsbook to Capital One Arena?

The quick answer is your cell phone, tablet, or PC. Caesars Sportsbook offers its online sportsbook in DC but only in the area surrounding the Capital One Arena. In Maryland, bettors can visit the Caesars Sportsbook at Horseshoe Casino Baltimore.

Where can I bet on the NHL playoffs in Maryland?

Maryland residents will have to wait before they can use their phones to bet on the NHL playoffs in the state; however, Maryland does have retail sportsbook locations they can visit. See a full list of Maryland retail sports betting locations.

Is DraftKings legal in Maryland?

DraftKings isn’t live in Maryland yet, but it will likely be one of the top operators available in the state once sports betting launches.

Is FanDuel legal in Maryland?

FanDuel isn’t available in Maryland yet. Sports betting is expected to launch in 2023. When the time comes, FanDuel Maryland will most likely launch as it’s one of the most popular betting apps in the US.

About the Author

Amber Hoffman

Amber Hoffman is the Executive Editor of MarylandSharp.com. A recovering attorney, she's spent almost a decade developing and managing websites and writing for a variety of industries. Amber became a Cubs fan after living a handful of blocks from Wrigley Field, much to the chagrin of her Mets-loving family and Red Sox-loving husband. Amber writes for a number of online sites including the food and lifestyle site Food And Drink Destinations.