In November of 2020, Marylanders voted to approve sports betting, meaning it was legal in the state. It was seen as a monumental step forward, but the road since has been slow and bumpy. While you can place bets in Maryland, it hasn’t rolled out in the way residents imagined it would.
- Is sports betting legal in Maryland?
- What betting sites are legal in Maryland?
- Maryland Sports Betting Rules and Regulations
- Best Mobile Sportsbooks available in Maryland
- What are the sports to bet on in Maryland?
- Maryland Sports Betting Tips
- Maryland Sports Betting Tax Rates
- Is DraftKings sports betting legal in Maryland?
- Is FanDuel sports betting legal in Maryland?
- Maryland Sports Teams
- Latest Maryland sports betting news
Is sports betting legal in Maryland?
Sports betting is legal in Maryland, but since December 2021, you can make a bet in Maryland at a physical site. However, as of the beginning of November 2022, the director of the Maryland Lottery and Gaming Control Agency announced that mobile sports betting is live on November 23rd, 2022. In addition, up to 10 sportsbook bigwigs launched just a day before Thanksgiving.
What betting sites are legal in Maryland?
Currently, no betting sites are legal in Maryland although sports betting is legal in Maryland. There are several sportsbooks positioned to open in Maryland when mobile betting goes live.
FanDuel already has a presence in Maryland thanks to their daily fantasy sports option. With a retail location in Live! Casino, it seems like FanDuel will be one of the first sportsbooks to launch an app when allowed to.
Unsurprisingly, MGM National Harbor has a retail BetMGM sportsbook located inside of it. BetMGM is another major player in the sports betting world and has a foot in Maryland already.
Just like FanDuel, DraftKings daily fantasy has been available in Maryland for years now. DraftKings doesn’t have a retail location in the state, but an official partnership with the Baltimore Ravens, the state’s most popular sports team, seems like a strong indication that they’ll launch their app there as soon as possible.
BetRivers opened the first retail sportsbook in Maryland that wasn’t in a casino. Rivers Casinos has a strong presence in neighboring Pennsylvania, so don’t be surprised if BetRivers becomes a mobile option.
Another sportsbook with a retail option in Maryland, Caesars occupies Horseshoe Casino. Caesars Sportsbook doesn’t miss many states, so Maryland probably won’t be an exception.
Although they’re Australian, PointsBet has a partnership with the University of Maryland, a strong tie to the state. They don’t have a retail location, but the connection with the marquee college of the state bodes well for their future in Maryland sports betting.
Maryland Sports Betting Rules and Regulations
As of now, to legally bet in Maryland you must go to a physical location with proof that you’re at least 21 years of age. When mobile betting is open, the following information will be required to open an account at a mobile sportsbook:
Date of birth
After getting verified and your initial deposit, you should be able to freely wager on things like:
Spreads: Bets on the score differential
Moneylines: A bet on who will win a game
Totals (over/under): Wagers on the amount of scoring in a game
Futures: A bet on end-of-season results, such as MVP and champion
Props: Wagering on a player or team to do something during a game
Best Mobile Sportsbooks available in Maryland
As no mobile sportsbooks have opened in Maryland, there hasn’t been feedback from Maryland bettors on the best mobile options in the state. When mobile betting hits the state, there will be rankings here based on how the available mobile sportsbooks are rated.
What are the sports to bet on in Maryland?
Although mobile sports betting hasn’t arrived in Maryland yet, it’s expected that most sports will be available, such as:
Basketball: NBA, WNBA
College: Basketball, Football
Soccer: UEFA Champions League, MLS, Premier League
Maryland Sports Betting Tips
Learn the Ropes
Betting on things you don’t understand is a bad idea. Make sure you learn what you’re betting on and what you’re rooting for before placing any wager down.
You should always be aware of how much you’re betting, how much you can afford to bet, and your wallet in general. If you are having trouble, don’t be afraid to quit or seek help, as that may be a sign of addiction.
While you may want the Terps to go undefeated and win the Big Ten every season, it’s an unrealistic goal for even the most talented teams. Try to maintain responsibility with your decision-making when betting, especially on favorite teams.
Maryland Sports Betting Tax Rates
If you win at least $600 from sports betting, that will be taxed. No matter if it was one big bet or a series of smaller ones, if the total won exceeds $600, it will be taxed. Federally, money won by gambling is taxed at 24%. Losses from sports betting can also be deducted as an itemized deduction, but you can’t deduct more in losses than your reported winnings.
Is DraftKings sports betting legal in Maryland?
DraftKings is legal in Maryland, but they don’t have a physical location, and its app isn’t usable for sports betting in the state yet.
New DraftKings players get a deposit bonus up to $1,000
Is FanDuel sports betting legal in Maryland?
Yes, FanDuel is legal, and they have a retail location at Live! Casino. Their app is not legal yet because mobile betting isn’t open in Maryland.
Get your $1,000 No Sweat First Bet by clicking here and joining FanDuel
Maryland Sports Teams
University of Maryland Terrapins
Latest Maryland sports betting news
August 26, 2022: The Orioles continue their unexpected playoff push by visiting Houston for a three-game set.
August 27, 2022: The Baltimore Ravens and Washington Commanders conclude their preseason schedule against each other. The Ravens will look to continue their record 21-game preseason winning streak.
September 3, 2022: The Maryland Terps kick off their season at home against the University of Buffalo.
September 3, 2022: The Navy Midshipmen begin their season by hosting the Delaware Blue Hens.