For the time being, there aren’t any legal sportsbooks to enjoy in Maryland. But that’s soon to change. Maryland voters signed off on sports betting legalization last year, and lawmakers finally passed full legislation in 2021. Sports betting should go live sometime in the winter with mobile options available later in 2022.
So, although the industry is fully legal, different organizations still have to license applying sportsbooks. No sportsbook has launched either a retail location or a mobile app.
Still, sports betting enthusiasts in Maryland have a lot to look forward to. This page will break down everything to know about betting on sports in Maryland for preparation to download a sportsbook and put money down on a variety of sporting events.
Where Is Sports Betting Available In Maryland?
Nowhere at the moment. However, the final version of Maryland sports betting legislation allows for up to 60 mobile sports wagering licenses and 47 retail sportsbook licenses. While it’s unlikely over 100 different options launch over the next few years, sports bettors will be able to check out dozens of different options depending on their personal preferences and what each book offers.
Maryland sports betting laws divide all licenses into Class A and B. Class A licenses will be awarded to the six commercial casinos in Maryland and a few different stadiums for professional sports games. There are also a few Class A licenses reserved as incentives for certain professional sports franchises to relocate to Maryland.
Class B licenses are reserved for racecourses, off-track betting parlors, bingo parlors, and other non-sports-related companies or locations. Their application fees for licensure will be significantly lower than Class A licenses. These will be more competitive to obtain, and approval for this license isn’t expected until sometime in 2022.
Just which online sportsbooks will make the cut? It’s tough to say at the moment, but there are some links through announced partnerships with major sportsbook operators and casinos in this state.
DraftKings and FanDuel, for instance, both offer daily fantasy sports to Maryland residents. Meanwhile, Caesars Entertainment and MGM Resorts International both run commercial casinos in Maryland, and both have their own mobile sportsbook apps active in other states. It’s easy to imagine that both of these companies will press for licensure as soon as possible. Moreover, BetMGM announced a partnership with the Ravens.
But this is all hypothetical at the moment. Announcements regarding online sportsbooks will start to pop up over the next few weeks or months. Other major sportsbook operators that might pursue licensure include:
Retail sportsbooks will also be popular in Maryland. At the moment, there are six commercial casinos available and no Native American properties. Each of these casinos is expected to open at least one sportsbook and partner with a few other mobile operators.
Bettors must be 21 years or older to place a wager at a retail sportsbook. This is both to adhere to Maryland gambling law and because people have to be 21 or older to enter casino properties in the first place.
Popular Bets To Make In Maryland
Maryland isn’t the most sports-focused state in the country, but it still has its fair share of serious sports fans and even a few professional sports teams. Football, overall, is pretty popular in Maryland.
The Washington Football Team makes its home in Landover. They regularly play games at FedExField. The Baltimore Ravens are another popular professional team, who are looking to get their first Super Bowl championship since 2013. The University of Maryland’s football team is one of the top college programs in the Big Ten. Many sports bettors across the state will likely want to put money down on upcoming football events.
Basketball is another big sport in Maryland. The Washington Wizards and University of Maryland Terrapins are two popular basketball teams for this state. March Madness, which refers to the popular college basketball tournaments in that timeframe, will reel in plenty of betting handle for the state.
Maryland has a few teams for fans of baseball, or “America’s pastime.” This includes the Baltimore Orioles and Washington Nationals. Hockey, soccer, and a variety of other sporting events are also popular in this state. Top sportsbooks will likely allow bettors to put money down on all of the above events and more.
What Kinds Of Bets Are Offered In Maryland Sportsbooks?
The exact wagers that will be available will depend on which sportsbook operators receive licensure. Regardless of which platforms eventually get approval, bettors will be able to place a wide range of bets at both online and retail Maryland sportsbooks.
For example, all sportsbooks allow wagers on moneyline bets. These wagers are simply which team will win or lose a match. On the main page of many sports and leagues within sportsbooks, moneyline odds are joined by spread and total bets for each event.
With spread wagers, bettors decide whether a team will win or lose by a certain number of points. Totals bets are another popular alternative. With totals bets, wagerers bet that the total points combined from both teams will be above or below a certain amount.
Then, there’s live betting, a development for online sportsbooks that has the potential to bolster the entire industry. Many top sportsbooks these days provide live betting markets for all their users.
Within these markets, bettors can find betting lines that are actively updated by automated algorithms in the middle of a big game. Certain sportsbooks, like DraftKings or BetMGM, even provide live streaming screens so wagerer can put their money down while watching the action unfold right before their eyes.
Live bets aren’t universally provided. Many sportsbooks now have live wagering opportunities, but some may be more limited than others in terms of games and markets available.
What Are Futures Bets?
Some of the most popular sports bets across the country, and likely in Maryland, are futures bets. Futures bets involve wagering on future events or outcomes, especially for championship tournaments like March Madness or the World Series for baseball.
Futures bets often have high payouts since betting odds and profits are higher if the wager is placed further out from the event outcome. Again, since Maryland isn’t limiting college bets whatsoever, we expect lots of sportsbooks in this state to provide futures bets for college games and tournaments alongside professional tournament outcomes.
How To Place Prop Bets Using Maryland Sportsbooks
Don’t forget prop bets, which are sure to be a popular offering in Maryland’s sportsbooks just like they are everywhere else.
Prop or proposition bets are unique in that they can focus on an isolated event in a single game. For example, a player hitting a home run or scoring a touchdown. Or a different player boosting his or her batting average by a certain amount.
Prop bets are fun because they have the flexibility to be creative. On most mobile sportsbooks, players will be able to find prop betting markets for most major American sports like baseball and basketball. Prop bets are a little less available for niche betting markets, such as those for darts or rugby.
How Sports Betting Odds Are Calculated In Maryland
Maryland’s sports betting legislation has dictated that all incoming legal sportsbooks have to use official league data if they want licensure. This isn’t a problem as all legitimate sportsbooks already use official league data when formulating their betting lines.
Betting lines for mobile and retail books alike use line-making algorithms or professional statisticians to generate player-friendly odds that offer good profit potential for both underdog and favorite bettors. In this way, most betting lines get a fair amount of action and leave a little money left over for the sportsbook itself, which takes a cut of the action as a vigorish.
Many Maryland sports bettors will undoubtedly want to “line shop,” by checking out the betting lines available for a single event across multiple sportsbooks. Books sometimes have slightly different odds for the same event, so experienced sports bettors might shop around looking for the betting line that provides the best potential payout before putting their money down.
How To Bet On Sports In Maryland
Maryland will likely not require in-person registration for mobile sportsbooks. So the process from choosing a sportsbook to placing the first wager should be fairly straightforward.
- First, download the desired sportsbook. iPhone and Android users will likely be able to download their sportsbooks from the App Store or Play Store.
- After downloading a sportsbook, players will need to install it on their mobile device and register by providing key personal information.
- Registration should only take a few minutes between entering the information and the book’s staff looking it over for any errors or irregularities.
- Once an account has been made, sports bettors will be able to fund their account using credit or debit card transfers, bank transfers, electronic wallet transfers, or other methods.
- After funding, players can navigate to the betting lines of their choice and place a wager.
Alternatively, sports wagerers will have the option to visit a retail sports betting location at a casino, racetrack, or sports stadium. Keep an eye out for announcements about which sportsbooks will show up in which areas!
Maryland Sports Betting Partnerships
A day after Maryland’s Governor, Larry Hogan, signed the legislation that made sports betting legal, the Baltimore Ravens formally announced that BetMGM would be their official gaming partner. As a result, BetMGM is now one of the most likely sportsbooks to acquire early licensure. BetMGM users will probably enjoy a ton of resulting promotions, especially when the Baltimore Ravens have an upcoming game.
The Ravens also have partnerships with DraftKings and Caesars, with branding appearing throughout M&T Bank Stadium and various team media. Caesars will open up a sportsbook at Horseshoe Casino Baltimore, which is near the stadium. DraftKings will undoubtedly open their sportsbook in at least one retail location and have a strong online presence.
This doesn’t necessarily take up any of the commercial casino slots, however. Additionally, there are several racetracks and other gaming outlets that still need sports betting partners. So there are a lot of licenses that still need filling.
More sports betting partnerships will likely be announced in the near future.
Maryland Sports Betting FAQs
It’s tough to say at the moment. But the ballot referendum that allowed sports betting legislation to be voted on by senators and representatives in the first place was overwhelmingly approved by Maryland residents. So, it’s safe to say that this activity will be quite popular once it finally launches.
No. This is one of the reasons why it’s important to research sportsbook choices before downloading a new app or visiting a retail book.
All the major sportsbooks should have fairly similar odds. But larger operators like BetMGM, FanDuel, and DraftKings will likely have the best consistent odds overall.
Yes, provided they already offer live bets in other states.
Sports betting will be offered at retail sportsbook locations found at casinos, off-track betting parlors, and similar outlets or using a mobile app.
Technically, yes. But no sportsbooks have launched, so sports gambling is legally limited to daily fantasy.