Sportsbook Promo Code: Best Bonus Offer Of February 2022
Maryland’s legalized sports betting market is live, but all current betting must be done at retail sportsbooks. It will not be the case forever that residents must visit brick-and-mortar casinos or play the Maryland Lottery to gamble. When mobile sports betting launches that is when you will start to reap the rewards of bonuses and promotions.
This state should become a staple of the sports betting industry, but online sports betting will ultimately lead the way. You always want to find the best promo code available to give you a nice boost before you ever place a bet.
Below is a list of some of the potential promotions you will find when online betting launches in Maryland and what those promotions might consist of.
MD Top Online Sports Betting Sites Bonus
BetMGM Online Sportsbook Bonus Codes
BetMGM was able to launch a retail sportsbook at MGM National Harbor Casino, and an online site is coming. The standard welcome bonus from BetMGM in other markets is a $1,000 risk-free bet, and it should be similar to that in Maryland as well.
Even when the state sees more online betting options emerge, BetMGM should remain a leader thanks to its relationship with MGM National Harbor. In addition to offering a vast array of prop bets, this operator is also known for having a terrific loyalty rewards program.
Caesars Online Sportsbook Promo Codes
Caesars Sportsbook has been a big name in gambling throughout the country, but recently it has been getting involved in the sports betting market by acquiring William Hill Sportsbook. With the already established sportsbook, Caesars just needed to update the software to offer the new and rebranded Caesars Sportsbook app.
Is Caesars Sportsbook legal in Maryland? Not yet, but the operation is potentially going to be going live in 2022. The Caesars Sportsbook app will offer some great promotions, with the best being a first bet match. The free first bet match is worth up to $1,001, meaning you have nothing to lose on your first wager.
Once the product goes live in Maryland, this Caesars Sportsbook promo code will be one of many to share.
DraftKings Online Sportsbook Promo Codes
DraftKings Sportsbook Maryland was not one of the first operators to go live, but this company has partnered with the Baltimore Ravens…a promising sign for Maryland sports bettors. DraftKings is known for having a massive welcome offer in other states, and its sportsbook app in Maryland should feature the same.
The welcome offer from DraftKings Maryland is worth $1,050 and the first part is $50 in bonus cash just for signing up at the site. DraftKings also offers a 20% first deposit match up to $1,000.
Prop betting and live betting is extremely popular at DraftKings Sportsbook.
FanDuel Online Sportsbook Promo Codes
FanDuel Sportsbook is live in Maryland, partnering with the Live! Casino and Hotel. FanDuel is leading the pack in terms of market share throughout the country.
The first bet at FanDuel Sportsbook is risk-free, up to $1,000. Casino gaming is also available at other FanDuel locations throughout the U.S., and that could eventually be an option here.
FanDuel Sportsbook was one of the first to offer the same-game parlays, a move that other sportsbook apps have since copied.
PointsBet Online Sportsbook Promo Codes
PointsBet has partnered with the Riverboat on the Potomac, and it should start to accept wagers soon. This is an Australian-based company, but it is now popular with sports bettors in the United States.
The welcome bonus at PointsBet is a pair of risk-free bets worth up to $2,000. When you look to place bets at PointsBet, you will find a points betting option and a fixed-odds wager.
Your first points betting wager is risk-free up to $1,500, and the first fixed odds bet is risk-free up to $500.
TwinSpires Online Sportsbook Promo Codes
Because horse racing is so prominent in Maryland, TwinSpires has been a household name for years. TwinSpires used to only focus on horse race betting, but it has since transitioned to legal sports betting as well.
The promo offer at TwinSpires changes often, and it could be different when it comes time for online sports betting. The current welcome bonus is a $10 bet, and you can receive up to $250 in bonus credits at the sportsbook.
Unibet Online Sportsbook Promo Codes
Unibet Sportsbook has built up an impressive resume overseas, and it has started to play a big role in the U.S. sports betting scene. Unibet has not yet confirmed a partnership in Maryland, but it should be an operator that looks to launch.
Unibet has a $500 risk-free bet available to new customers as the welcome offer in other markets. It is unclear what that might look like in Maryland, but Unibet will have work to do if it wants to attract customers.
Best Online Sportsbooks Bonuses: Ongoing Promotions
When it comes to betting on sports in Maryland, there will be some sports more popular than others. Most promo codes will allow you to wager on any sport that is offered, but you will need to check the wagering requirements out.
Caesars’ website will be looking to offer betting on a wide variety of events and also a long list of betting options on the Caesars sports betting app. Here are some of the top sports to wager on in the state of Maryland.
Maryland NFL Bonuses
The NFL has done a great job of marketing itself to online sportsbooks, and it is the most popular betting option in the United States. There will be plenty of betting markets in Maryland, but the NFL is going to be at the top of the list.
The Baltimore Ravens are the most popular team in the state, but the Washington Football Team (who plays at FedEx Field in St. George’s County) has a nice following as well.
Maryland NBA Bonuses
The NBA is another one of the most popular betting markets found in the United States, and that includes the state of Maryland. This state is not home to an NBA team, but that does not mean that it will not attract plenty of wagers, especially with the Washington Wizards just over the state line in D.C.
The NBA is another league that has done a great job of seeking out sports betting partnerships and getting involved in this industry.
Maryland MLB Bonuses
Sportsbooks in Maryland will have plenty of MLB betting options. This will be one of the top sports when it comes to filling out a bet slip to take advantage of the promotions.
The Baltimore Orioles are a very popular team throughout the state of Maryland, and that will draw some additional betting action that will not be found in other states.
Maryland NHL Bonuses
The Washington Capitals of the NHL will be a popular team that will be included on a bet slip for bettors in this state. Betting on the NHL remains a consistent betting option.
The Stanley Cup Playoffs are a time when NHL betting picks up, and sportsbooks are known for offering parlay insurance as a way to attract NHL wagers.
Maryland Demographics And Teams
Maryland, specifically Baltimore, is known for having the second-highest median family income in the United States, and the MGM National Harbor is a massive casino in the state. Maryland is home to the Baltimore Orioles and Ravens, but teams from Washington D.C. are popular here as well.
Get Started With Maryland Promo Code
This article has discussed all of the top promo codes you will find in Maryland, but now we will break down what each of those codes means. It is essential to get some kind of promo code, but you also want to get the best one for you.
If you can not find a promo code for the site, then you might be able to sign up and not enter one in. The best sports betting sites have a bonus or promotion available for all new customers, and creating a new sportsbook account is all you need to do.
You can also find plenty of other articles on Maryland sports betting that will help you get started in this industry. If you need to know the difference between a moneyline or spread bet, we have articles that will provide you with that information.
Maryland Promo Code Types:
The basic concept of all promo codes is the same, but you will find many different types of offers out there in the industry. This section will explore and explain the bonuses and promotions that you might find in your favorite sportsbook.
🔥 Sports Betting Welcome Bonus
|One of the first things you are looking for from a mobile sportsbook app is a welcome bonus. This offer is only good for new customers, and it can come in many forms depending on the sportsbook.
Choosing the sportsbook with the best welcome bonus is always an excellent strategy to start you off on the right path before you even place any wagers.
🔥 Sports Betting Risk-Free Bets
|Another popular promotion that is offered by sportsbooks is a risk-free bet. This type of promotion is going to be available to both new customers as well as returning customers.
A risk-free bet serves as an insurance policy as the sportsbook will reward you a free bet if that specific wager loses. This is a great offer, but the only negative is that the free bet bonuses cannot be cashed out until you wager that amount.
🔥 Sports Betting Deposit Bonuses
|A deposit bonus is another popular sports betting promotion, and this is one of the best promotions available. A deposit bonus simply puts additional money in your sportsbook account, regardless of whether you are taking advantage of this promotion at the beginning or returning customers.
One of the most significant advantages of a deposit bonus is that the money will simply show up in your account. You will have to follow the wagering requirements before you can cash out that amount.
🔥 Sports Betting No Deposit Bonus
|A no-deposit bonus is a step up from the deposit bonus, and you will not find many sportsbooks that have this offer. With a no deposit bonus, you are going to get the bonus without first depositing at the sportsbook.
This no deposit bonus is usually paid as a free bet or a risk-free bet. You might still be able to get a deposit bonus as well, but it depends on the sportsbook.
🔥 Sports Betting Reload Bonuses
|A sportsbook promo code that is strictly for returning customers is a reload bonus. This bonus is offered to bettors that do not have any money in their account and need to add additional funds.
Since sportsbooks want to ensure that customers continue to bet online, they will sometimes offer a reload bonus. These are typically much smaller than a welcome bonus, but it is still nice to get something.
🔥 Sports Betting Odds Boosts
|Sportsbooks are going to offer odds boosts on a wide range of betting options. Most odds boosts are going to be set by the sportsbook, and you can simply look through the list and see what you want to wager on.
The biggest advantage of an odds boost is that you are going to receive extra money if that specific wager wins. The only disadvantage is that you do not get to use an odds boost on the betting option of your choice.
🔥 Sports Betting Referrals
|A referral is another popular bonus offer that you will find, and you do not have to do much work with this one. All you need to do is recruit a friend that is of legal sports betting age to sign up for an account to get this bonus.
Sportsbooks are going to pay this bonus off as a free bet most of the time, and it should automatically show up in your account once the new account is created.
🔥 Sports Betting Promotions
|The focus of this article is on sports betting, but online casino gambling is also legal and available in the U.S. There are some companies that feature both online casino and online sports betting, and that can create some additional promotional options.
For example, the Caesars Sportsbook and the Caesars Casino might work together to come up with an online casino bonus. By signing up at the sportsbook, you will receive some free credits at the online casino.
How To Use A Promo Code With A Maryland Sportsbook
Once you find the promo code that you are looking for, you will have to take a couple of steps to ensure that you are getting the full value of the bonus. If an actual promo code is needed, your first step will be to enter that code when signing up for an online sports betting account.
After you have unlocked the code, you will have to pay close attention to the wagering requirements attached to the offer. Failing to meet all of the requirements might ruin your chance of getting the sportsbook promo code.
Why Do Maryland Sportsbooks Offer Promo Codes?
The use of a sportsbook promo code is one of the best ways for operators in the state of Maryland to attract customers. The sports betting market in this state is extremely competitive, and sportsbooks have to look for any edge they can find.
Caesars Sportsbook is trying to compete with FanDuel Sportsbook, and both of those operators have solid welcome bonuses. Even though retail sportsbook betting was the first to launch in Maryland, these promo codes will become more popular on sports betting apps.
Sports Betting Promo Code Terminology
Being able to find the best betting promos is an important step, but you also have to know what the promotions or bonuses mean. You will need to understand specific terms to ensure that you are meeting the betting requirements.
Here is a look at some of the key terminology you might encounter at legal online sportsbooks.
Sports Betting Wagering Requirements
Every sportsbook promo code will come with some wagering requirements attached, and you will need to know what all of those are. Operators are not trying to confuse you by setting these wagering requirements, but you might have to do some reading to understand what these are.
Most of the wagering requirements will include language about what betting types are offered and when those bets have to be placed.
Sports Betting Minimum Deposit
Before you are able to receive any offer from the sportsbook, you are going to have to make some sort of deposit. Each operator will have a minimum deposit amount listed, and you have to go over that total as the first step to unlocking the award.
The minimum deposit required at most sportsbooks is just $10, but that amount could be increased when you are making a deposit for the purpose of receiving a bonus.
Sports Betting Minimum Odds
The most significant time you will see a minimum odds requirement is when you are looking to use a free bet. Since this is technically free money from the sportsbook, that sportsbook app is going to require you to make a substantial bet.
For example, a free bet cannot be used for a withdrawal request, and the sportsbook will not simply let you make a moneyline bet on a massive betting favorite. Odds set at -250 for a single wager or +400 for a parlay wager are pretty standard minimum odds that you will find.
Sports Betting Expiration
An expiration date is usually going to be found with any promo code or bonus offer that is handed out from the sportsbook. This expiration date focuses on when the betting requirements must be met before that bonus goes away for good.
Most sportsbooks are going to give you plenty of time to meet the betting requirements, but you always want to keep that expiration date in mind.
Sports Betting Cash Out
Cashing out can mean two different things when it comes to promo codes and legal sports betting. Making a withdrawal request is one way to cash out when it comes to sports betting, but that does not have much to do with promotions.
Another time that “cash out” is used is when a sportsbook is offering an early cash out option. This means that instead of waiting for a bet to settle completely, you are able to request a payment to ensure that you win some money.
Maryland Sports Betting: A Road Map
Lawmakers in Maryland first started to explore this industry all the way back in 2017. A task force was created to look closely at this industry, and those results prompted lawmakers to introduce an additional bill in 2018.
In 2020, it became clear that Maryland was on a path towards legalizing sports betting, but lawmakers continued to debate over some key issues. Instead of a bill being passed, voters in the state actually legalized sports wagering that year.
Voters approved both retail and online sports betting, and it was then up to lawmakers to create rules to govern the industry in 2021. Retail sports betting officially launched at the end of 2021, and online sportsbooks should follow in 2022.
History Of Legal Gambling In Maryland
The state of Maryland has a long history of legal gambling, most notably legal horse racing. Casinos are also available in the state, and that is where all of the current sports betting must be done.
These casinos, as well as professional sports teams and stadiums, will also be able to offer online sports betting at some point in the future. Maryland could become a massive market for sports bettors, with online wagering coming as early as Fall 2022.
FanDuel Sportsbook was one of the companies that helped lobby for the legalization of sports betting, and it was one of the first legal options for sports bettors. Maryland is expected to attract all of the big-name operators at some point, especially when the online sportsbooks can go live.
More Background On Legalization
It was HB 940 that was officially passed in 2021 that created the sports betting rules. Casinos and professional sports stadiums have the first right to the licenses, but businesses can also offer a small-scale sportsbook.
Maryland has given sportsbooks plenty of freedom as more than 30 different markets are available to bet on. College betting is legal in Maryland, and this is always a hot topic of debate in other parts of the country.
👉 How does a Maryland promo code work?
Regardless of the sportsbook operator, Maryland promo codes will work in the same way. Each sportsbook will offer prom codes to sports bettors, and then there will be terms and conditions that come with each code.
Using a promo code will unlock a specific offer, and there are a couple of different popular types of bonuses that are offered. In order to get the entire value of the bonus or promotion, you will have to meet the specific terms or conditions that are set.
👉 Are Maryland promo codes available for existing customers?
Yes, there will be times that a sportsbook has a promo code offered for returning customers. A reload bonus is typically one option that is available for existing customers, but free bets or odds boosts might be available as well.
👉 What sports bets can I use Maryland promo codes on?
You will be able to bet on a wide variety of sports to hit the wagering requirements of promo codes in Maryland. The most popular U.S. sports are going to be found, but there will also be college and international betting options as well.
👉 How often are sportsbook promo codes updated in Maryland?
It really depends on the sportsbook and how often they are wanting to create a new offer. Some sportsbooks continue to put out the same offer, while other operators change things up repeatedly. You will always want to check out the offers from each sportsbook before you make a deposit or place a wager.
👉 When should you use a sportsbook promo code in Maryland?
The best time to use a promo code is as soon as you sign up for a new account. Beyond that, anytime that a promo code can be added to your bet slip, then you will want to use that code.
👉 How many times can you redeem a Maryland promo code offer?
A welcome bonus is only available to new customers, and that is a one-time promotional offer. There are bonuses for returning customers as well, and those might be offered multiple times.
Maryland sports betting FAQs
Is sports betting legal in Maryland?
Yes, both retail and mobile sports betting are legal in Maryland. Retail sportsbooks have already launched, and online options will be coming at some point. Maryland could become a large sports betting market as there could be as many as 60 online licenses available.
How old do I need to be to bet on sports in Maryland?
The minimum age to bet on sports in Maryland is set at 21 years of age. This is pretty standard throughout the United States.
Will Maryland Residents pay taxes on betting?
Yes, sports betting income is taxed in Maryland, and it will have to be claimed on an income tax report.
Where can I bet at Maryland sportsbooks?
There are six casinos in Maryland, and retail sports betting will be available at those locations. Sports wagering will also be available at professional sports stadiums in the state, but it’s unclear when those sportsbooks will launch.
Businesses throughout the state can also apply to receive a sports betting license, but that will be small-scale sports wagering.
Are there Maryland sports betting apps?
Yes, there will be Maryland sports betting apps, where most sports wagering will occur. All of the top online sportsbooks in the state will also launch a mobile app simultaneously as the site launches.
Will I need to be a Maryland resident to bet online?
No, you do not have to be a resident of Maryland to place a bet online or even to create an account. Maryland bettors will have to physically be within the state before a sportsbook accepts a wager.
Who can offer Maryland sports betting?
The six casinos and three professional sports teams will have the top priority to receive a sports betting license, along with the Maryland Jockey Club. There will also be 30 licenses available for businesses in the state that wish to bid for these.
Those businesses or locations that can receive a retail sports betting license can then apply for an online license as well.
When will sports betting launch in Maryland?
Retail sports betting officially launched in December 2021. The state is working on issuing sports betting licenses for online sportsbooks, hoping to launch sports betting online by 2023.