All the top dogs are already gearing up to enter the Maryland sports betting scene, along with some fresh faces like Fanatics Sportsbook Maryland.
Maryland is shaping up to become one of the country’s most competitive sports betting markets. Within a few years, as many as 60 online Maryland sportsbooks could launch in the state. The exact rollover date is still up in the air, though some projections point to early 2023.
As a sports merchandise and apparel giant, Fanatics has a great deal of potential in the iGaming industry. It has an army of followers among sports fans and aims to convert them into users of its brand-new MD sports betting app.
A large welcome bonus could give them the push they need, and so would a versatile betting program. To keep up with the competition, Fanatics would need to adopt current trends like same game parlays, early cashouts, and live streaming — just to start.
In the following sections, we’ll give our two cents on how the Fanatics sports betting app might look when it unveils in Maryland.
Fanatics Sportsbook Maryland Promo Code for September 2022
Fanatics Sportsbook will likely offer some sort of a welcome bonus when it goes live in Maryland. Every sportsbook app across the nation serves up a lucrative intro promo in a bid to gain a competitive edge, and it would make no sense for Fanatics not to do the same.
What’s debatable is the size and the type of bonus. Judging by the looks of other Maryland sports betting bonuses, chances are it’s going to be a big risk-free first bet bonus, capped at around $1,000.
Terms and conditions will apply, so do read the fine print before claiming the bonus. If a Fanatics Maryland promo code is required, we’ll make sure to post it here.
|Fanatics Maryland Promo Code||TBA|
|Fanatics’ Land-Based Partner||TBD|
|Promo Code Verified For||September 2022|
How to Register for a Fanatics Sportsbook Account in Maryland
When Fanatics Sportsbook gets up and running, it should have a straightforward registration process like most operators. The usual parts of an application form include:
- Full name
- Login credentials
- Cell number
- Last four digits of your SSN
Some sportsbooks require additional verification checks post-registration if they can’t validate the information provided during sign-up.
You’ll have to be 21 or older to join Fanatics MD and must stay inside state lines to place bets. The geolocation and minimum age requirements are mandatory for all sportsbooks.
Fanatics: Bonuses and Promotions
Fanatics will go up against fierce competitors in Maryland, to say the least. The only way it could potentially rise through the ranks is via bonuses and promotions. Sportsbooks like BetMGM Maryland and FanDuel Maryland have invested heavily in their promotional offerings, and Fanatics has to do the same if it hopes to succeed.
Typically, whenever a sportsbook makes a debut, a big welcome bonus follows. It’s hard to tell which kind of sign-up offer Fanatics Sportsbook Maryland will conjure up. Yet, it’s reasonable to expect that it’ll offer a risk-free bonus based on how prevalent this type of promotion is among US sportsbooks. This safety net protects your first bet at the sportsbook if you lose it. The stake will be refunded if the bet comes up short, up to a specified amount.
The best sports betting apps in Maryland, like DraftKings, offer a match deposit bonus for new users. With this offer, the sports betting site matches a percentage of your deposit, usually in free bets.
Apart from a new user promo, Fanatics Sportsbook will likely provide seasonal and short-term promotions to retain existing customers. These could range from regular odds boosts to no-brainer deals, sports-specific free bet reloads, and referral bonuses.
Fanatics: Odds vs the Competition Grade
With a 15% tax rate on sports wagering, Maryland is one of the most sportsbook-friendly states. The good news extends to bettors since operators can afford to offer better odds and charge less.
That said, there’s no way to predict the odds Fanatics will offer. If you’re looking to find the most competitively priced sportsbook, there isn’t a one-size-fits-all solution. Some sites offer the best odds for NBA games in-play, while others excel at futures bets for the NFL.
It’s possible that Fanatics will specialize in a particular type of bet or sport. Before placing a bet, make sure that you shop the lines to ensure you’re getting the best odds at Maryland sportsbooks and, hence, the biggest bang for your buck.
Fanatics: Market Depth and Variety Grade
There’s quite a bit of copycatting within the industry, with operators mimicking each other’s betting programs. Generally, prop bets and futures markets are the only differentiators.
That being said, we have a pretty good idea of what Fanatics betting portfolio may look like:
- Moneylines — It’s a simple bet on the winner of the outcome. The minus sign denotes the favorites, whereas the plus points to the underdog.
- Spread — This is a wager on the winning margin. Scoring units (points, runs, goals) are deducted from the favorite’s total and added to the underdog’s.
- Totals — Bettors wager on whether the game’s total will go over or under the sportsbook’s estimate.
- Props — Members of the sportsbook place an exotic bet on miscellaneous statistical aspects within the game.
- Futures — This is a long-term bet on events to come. Examples include championship winners (Super Bowl, NBA Finals, World Series), conference winners, and individual player awards (Rookie of the Year, MVP).
- Parlay — If players choose parlays, they are opting for a combo bet consisting of multiple selections. The more selections (legs) are added to the slip, the bigger the payout. For a parlay to be successful, all selections must hit.
- Teaser — This is a parlay variation where bettors can move the line in their favor in exchange for a smaller payout.
- Round robins — It’s a large bet featuring a series of smaller parlays. Not every selection from the slip must come through for the round robin to win.
- In-play bets — This increasingly popular betting format allows you to take part in the action while it’s underway. The odds and lines will fluctuate throughout the game to reflect scoring/momentum shifts.
PointsBet and DraftKings provide the most diverse betting offerings, including unique props that aren’t available on other sites. Fanatics Sportsbook should look up to these two brands when it launches.
Fanatics: Deposit and Cashout Grade
For Fanatics to gain access to the Maryland market, it’ll have to partner with a land-based sports betting license holder. A number of sportsbooks have already opened retail outlets in the Old Line State, such as Caesars, BetMGM, and DraftKings. In the event Fanatics follows a competitor’s lead, it will process in-person payments.
Fanatics will also provide several online payment methods, which may include:
- Online banking
The withdrawal processing time for these methods varies significantly. PayPal and Play+ have a 0–24 hour turnaround, while other banking services take longer to process cashouts. For instance, the check via mail option can take up to 21 days in some cases.
Fanatics: Mobile App Grade
To meet bettors’ demands, all legal online sports betting sites in the US have released standalone mobile apps for iOS and Android. Thus, we expect Fanatics to develop native apps after the service goes live.
The apps usually mirror the desktop version in terms of betting portfolios and supported features. In some cases, they have a slightly different layout than the browser-based platform to accommodate smaller mobile screens.
Download links should be available somewhere on the Fanatics website, as sportsbooks usually place them in the footer section.
Fanatics: Overall Grade
Great bonuses, creative prop bets, user-friendly design, and competitive odds across the board are the ingredients for success at US sportsbooks. With Fanatics ticking more of these boxes, it’ll be more successful in its sports betting venture. Brand recognition will likely be one of its calling cards, but it won’t suffice in such a cut-throat industry. As a result, the brand will have to keep evolving to keep up with the competition.
Is Fanatics Legit?
Fanatics is a multi-billion dollar conglomerate, not some unknown startup that’s trying to make a name for itself. It has a proven track record that goes back to 1995, the year the company was founded.
Fanatics will pursue regulatory approval in each jurisdiction in which it plans to launch. Thus, it’s certain that it’ll apply for a gaming license with the Maryland State Lottery & Gaming Control Agency. It’ll then undergo a series of tests to ensure that its security systems are working properly and it adheres to responsible gambling protocols.
Why Choose Fanatics Over Illegal Betting Sites?
If you’re tempted to join illegal sportsbooks in anticipation of Fanatics’ launch, here are some compelling reasons why that would be ill-advised:
- Offshore books have no regulatory oversight. If you get ripped off or scammed in some other way, refund options are limited.
- Offshore books are illegal. While the authorities usually turn a blind eye toward bettors that play in out-of-country sportsbooks, that could change at any time. You risk getting into legal trouble without getting any tangible benefit.
- Offshore sportsbooks typically use lackluster security measures. Whereas state-regulated books are required to implement up-to-date security systems, offshore companies often use measures that are less effective in preventing cyber attacks.
- You could lose your funds if the offshore sportsbook goes out of business. It’s not uncommon for an offshore sportsbook to cease operations for all sorts of reasons.
Why Can You Trust Fanatics With Your Money?
All legal sportsbooks use cutting-edge security protocols to protect their platforms and prevent data breaches. Fanatics will have to implement these to get a thumbs up from the State Lottery & Gaming Control Agency.
SSL encryption is the gold standard among US sportsbooks. The software hides your financial and personal information, which makes it inaccessible to unauthorized users. As an added security layer, sportsbook platforms use advanced firewall systems and 2FA protocols. Some betting operators offer biometric logins on their apps.
It is likely that Fanatics’ security measures will be disclosed somewhere in its terms and conditions, most likely in the privacy section. In order to learn more about how the site protects personal information, you should refer to that page.
Fanatics Sportsbook Maryand Fact Sheet
|How old do I have to be?||21
|What states is Fanatics Sportsbook legal in?||TBD
|Who is Fanatics’ partner in Maryland?||TBD
|Launch date in Maryland||N/A
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI/VA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA). 21+. NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only.
Fanatics Sportsbook Maryland FAQ
Yes, you’ll be able to place bets at Fanatics Sportsbook legally when it acquires a license from the Maryland State Lottery & Gaming Control Agency. You will have to be located inside state lines at the time your bet is submitted, as per the geolocation requirements. The sportsbook will use a geolocation tracker to pinpoint your whereabouts.
The Maryland legislature passed a bill in 2019 that legalized esports betting, making it one of the few states in the US to offer this form of wagering. Betting on esports will be as legal as betting on traditional sports events. The Fanatics betting product could offer odds on esports events from the get-go.
You have to be 21 years or over to sign up with any Maryland sportsbook and place real money bets, including Fanatics. This is a common minimum age requirement for online sportsbooks across the country. Fanatics will try to verify your age via SSN or through additional documentation (passport, driver’s license, among others).
Since deposits are usually instantaneous regardless of the method, the answer will depend on your preferences and Fanatics’ banking options. Each payment method serves a different type of bettors in its own way. Play+ cards and wire transfers are a good option for high rollers due to their big transaction limits.
Fanatics will likely have complete coverage of all major sports, including odds on all NBA, NHL, MLB, and NFL games. You’ll probably find betting options on secondary markets and niche sports like golf, soccer, tennis, MMA, NASCAR, and boxing. If Fanatics tries to copy Caesars’ offerings, it may include niche markets like darts and cricket.
It most certainly will. Live betting is a staple among US books, and it would be hard to imagine Fanatics not having a platform for in-play wagering when it launches. It’s a whole other story when it comes to the in-play market depth. You’ll probably find odds for mainstream sports like tennis, soccer, and the Big 4 leagues.