Legal Maryland Sports Betting
Once Maryland residents greenlit a regulated sports betting industry by a majority vote in November 2020, lawmakers needed to find a bill to create the landscape for the market. On April 12, 2021, such a bill was passed with Marlyand House Bill 940. Brick-and-mortar venues and mobile sportsbooks were approved to open in the state with the passage of the measure.
The format for Maryland sports wagering is tiered into three classes of licenses. All of them work to open up sportsbooks. Maryland will see sports venues and gaming establishments open sports wagering spots as well as small businesses that have had no hand in gambling until now. There will also be mobile sports betting platforms available statewide. On May 18, 2021, Governor Larry Hogan signed House Bill 940 into law. Sportsbooks of both the mobile and retail variety are slated to launch for public use by the start of the 2021 NFL season or by the MLB World Series at the latest.
Betting On The Terrapins In Maryland
Sports betting enthusiasts in Maryland should consider wagering on a few futures bets currently offered by BetOnline. The Terrapins’ odds to win the Big 10 conference this year are currently set at (+10000). Maryland’s odds to win the Big 10 East are currently (+4500). For this week, the Terrapins take on fellow Big 10 member Illinois as 8 point (-110) favorites to go with a (-310) moneyline and a 59.5 points total.
Maryland Sports Betting And Gambling Laws
Maryland’s sports gambling law is open to sports bettor that are 21 and over. Once the market is fully opened, there will be an enormous number of operators, lingering around 100.
The law allows 60 mobile sportsbooks and 30 small-business sports betting venues. On top of that, there are the gaming facilities and professional league venues that are eligible for licensure. Everything from college sports to international and professional sporting events are open for wagers. Major world competitions like the Olympics will have betting lines as well.
A 15% tax rate on the sportsbook’s revenue is set after the passage of MD HB 940 which regulated the the sports betting market of Maryland. There are exclusivity zones with a radius of 1.5 miles for bigger Class A venues like stadiums for other businesses to adhere to. Should the state wish to open more sportsbooks, they will have the right to do so in 2025 when the law allows the cap on licenses to be expanded.
MyBookie’s online sportsbook is one of the best legal sports betting options in Maryland (or the DMV area as a whole). The online oddsmakers at MyBookie have put together a website that is better than any seedy real-life bookie. You can wager on sports from the high profile to the niche, and the best part is it’s all legal at MyBookie. MyBookie’s website works well on both desktop and mobile devices, they offer a lot of signup and reload bonuses should you qualify for them, and they have live betting available during the games. Sports betting opportunities happen constantly, and with MyBookie, you won’t miss out on any of them.
- Huge Deposit bonuses
- Wide-ranging prop sections
- Odds on everything
- Live betting section easy to use
- Anytime betting via mobile devices
Maryland’s sports betting fans have a lot of options for legal sportsbooks, but very few of them exceed BetOnline. While the website might not be incredibly modern, it’s very functional, and as any bettor knows, getting good odds is worth anything. BetOnline has highly competitive odds compared to any other legal sportsbook. Whether you want to bet on futures odds, game lines, or even make a parlay wager, BetOnline has it all and more. Whether you’re at home or on the go, BetOnline is accessible in Maryland by just going to the site through your mobile device’s web browser – even during the game. BetOnline’s live betting allows you to wager on games that are already in progress, and even access wagers that are not available outside of game time.
- Excellent odds and lines
- Legal for MD bettors
- Great mobile betting
- Exciting Live betting
- Tons of available wagers
Maryland’s wagerers have a fairly large number of options for online sportsbooks that they can use legally. However, XBet is one of the better options available to MD’s many sports bettors. Why? Because XBet has it all – from the traditional spread and moneyline bets to prop bets and futures bets on any outcome you can think of. If you want to bet on the major sports leagues, you can do that at XBet, but if you want to bet on politics, you can do that too. In the DMV area, we’d imagine more people would be interested in betting on politics than anywhere else, given the proximity to DC. For anyone looking for a legal sports and politics betting website, look no further than XBet.
- Tons of wagers at XBet
- Excellent prop betting
- Mobile betting for fast wagering
- Live betting odds during games
- Best line shopping sportsbooks
SportsBetting’s sportsbook is a stellar one for anyone searching for a legal online sportsbook in Maryland. Maryland’s wagerers are not short for options, but each of them should consider the potential usefulness of SportsBetting’s excellent legal sportsbook. The website is fairly well designed and is very easy to understand for bettors of all experience levels. The sportsbook itself offers solid odds on events happening all over the globe, while the Bet Builder tool lets bettors construct parlays or simply check out the potential winnings on their bets before placing them. SportsBetting is a very solid legal online sportsbook and is well worth looking at for Maryland’s betting community.
- Website is simple to use
- Odds on sports world wide
- Exciting futures betting
- Mobile betting anytime
- Double your money at signup
Potential Economic Impact Of Sports Betting In Maryland
Although legal Maryland sports betting has yet to launch, it’s never too early for an economic impact analysis Using a country-wide average tax rate of 12.82% (just slightly less than the market’s set 15%, and with its population of 6.04 million people, this would be a conservative economic impact of full scale sports betting in Maryland.
– Total Annual Sports Betting Handle: $904.3 million
– Total Annual Sports Betting Revenue: $63.0 million
– Total Annual Sports Betting Tax Collections: $8.1 million
What Teams Can I Bet On?
Maryland sports fans can bet on all of the teams that call the Free State home (as well as any other team in the nation). As a resident, you already know that there are plenty of college teams in your hometown to bet on. There are universities like UMBC, Towson University, and Coppin State University that you will be able to find betting lines on occasionally. Professionally, there are teams in the MLB and NFL that hail from Maryland. The state is also in close proximity to Washington, D.C., widening the range of sports that fans can bet on. You can wager on teams from all over the world when you join a sports betting site or visit a Vegas sportsbook, but here are the most popular teams for MD residents to bet on:
|Maryland Terrapins (University of Maryland)||Loyola Greyhounds (Loyola University Maryland)||Navy Midshipmen (United States Naval Academy)|
|Washington Redskins (NFL)||Baltimore Ravens (NFL)||Washington Nationals (MLB)|
|Baltimore Orioles (MLB)||Washington Wizards (NBA)||Washington Capitals (NHL)|
Where To Bet On Sports In Maryland
Even with the popularity of sports betting in the state, you will not yet find any brick and mortar locations at which to bet on sports in Maryland. This is because PASPA, while still active law, made it impossible for Maryland or any other state (excepting Nevada) to open physical sportsbooks. Now with PASPA a thing of the past, Maryland has a lot of work to do to get its own regulated sports wagering industry up and running.
That being said, most MD residents use online sportsbooks to bet on their Terps and other teams. Offshore betting sites make it possible to use your computer or mobile betting apps to place bets while waiting in line at the grocery store, hanging out at the bar, or even just sitting on the couch. Using the Internet is truly the only way to bet on sports while remaining within state lines in Maryland, at least for the time being.
Where’s The Closest Place To Me To Bet?
Maryland is a state full of betting opportunities if you know where to look. Whether you want to bet on horses or casino games, chances are there is a city close to you where you can place wagers. Though Baltimore is one of the biggest cities that come to mind, there are other places that have betting opportunities. If you’re willing to take a drive, you can visit casinos and racetracks in any of the following MD cities (and it’s a good bet that once legalized, these are the first cities that will have land-based legal Maryland sports betting, too):
- Oxon Hill
Offshore Maryland Sports Betting Sites
International Maryland sports betting sites are those that are based in other countries but can still legally accept Maryland sports bettors. These sites are licensed and deliver all of the legal sports betting action that residents are looking for. You will find all major American sports at these sites, including football, basketball, baseball, hockey, tennis, golf, and more. International favorites like league soccer, rugby, cricket, boxing, MMA, and others are also fully represented. Global sportsbooks give you all of the betting options that you would find with a top Las Vegas sportsbook, including live, in-play betting, parlays, teasers, and prop betting, along with many features that even Vegas can’t boast.
The latest betting lines and huge bonuses that are offered make international online sports betting websites the preferred choice for bettors in all states, including Maryland. These websites aren’t regulated in Maryland, but they are instead regulated in their home countries, which don’t feature the same draconian restrictions on sports betting as Maryland. International sports betting sites offer an unparalleled selection of betting options, fast, rewarding payout options, huge promotional bonuses, and many other incentives for Maryland bettors to join.
Horse Racing Betting In Maryland
Maryland has one of the longest-standing histories with horse racing betting in the nation. The state is home to the second oldest horse race track in the US, Pimlico Race Course, which opened in 1870. This Baltimore racecourse hosts the Preakness Stakes, the second jewel of the famed American Triple Crown of Thoroughbred Racing. Each year, millions of horse enthusiasts bet on the Preakness and win big.
Currently, there are four active horse race tracks in the state of Maryland where fans can watch and wager on races. These include Pimlico Race Course (Baltimore, MD), Laurel Park (Laurel, MD), the Casino at Ocean Downs (Berlin, MD), and the Rosecroft Raceway (Fort Washington, MD). There are also several Maryland off-track betting options, including online racebooks.
Daily Fantasy Sports In Maryland
Daily fantasy sports in Maryland are regulated and excluded from the state’s gambling laws. The first DFS-friendly law was passed in 2012, the state Comptroller implementing new regulations in 2017. MD does not require DFS operators to pay a licensing or registration fee, which is something that many states do enforce. Under state law, participants must be at least 18 years old and initial deposit limits are set at $1,000 but can be increased. Maryland has a favorable attitude toward daily fantasy sports, with some of the fairest laws in the US.
Legal Maryland Sports Betting FAQs
Can I Bet Real Money On Sports In Maryland?
Betting real money on sports in Maryland can be done through legal sports wagering websites like BetOnline, MyBookie, SportsBetting, and XBET as Marylanders use these sites daily to gamble on sports legally. State-sanctioned options will be coming in the future since Maryland has legalized real money sports betting.
Is Online Sports Betting Safe In Maryland?
Gambling on the internet to wager on sports is safe for sports bettors in Maryland. These websites implement the highest security measures to ensure a player’s personal information is safe.
Will I Get Arrested For Sports Betting In Maryland?
No Marylander will be arrested for engaging in sports betting online because these operators are legal. With the upcoming industry in the state, the only people that will receive a slap on the wrist fine for gambling on sports in Maryland are those that use local bookies who are and will not be licensed or regulated to do business.
What Is The Legal Sports Betting Age In Maryland?
The legal sports betting age that has been set in Maryland is 21. Online platforms have a legal age of 18 but anyone in the Maryland area should wait until they are 21 to sign up and begin wagering on sports with these websites to abide by state law.
Where Is The Best Place To Bet On Sports In Maryland?
No casinos in the area have sportsbooks yet and there are no mobile applications or retail sportsbooks that can be launched until the law for the new industry has been put into place permanently. This gives only one real choice for the best place to bet on sports in Maryland and that’s with the use of the legal online sports wagering outlets suggested on this page. Each of these operators can be used with any cellphone making gambling on sports a breeze with their websites for Marylanders.
Can I bet On Sports With My Friends In Maryland?
Betting on any sporting event with friends in Maryland is legal. No laws in the state prohibit friendly sports bets from occurring with friends watching the games together in Maryland.
When Will Legal Sports Betting In Maryland Launch?
Maryland can expect to see a launch of its regulated sports betting industry in late 2021 to early 2022. Mobile and retail sportsbooks will go live during this time in Maryland. However, even after the market rolls out to the public, gamblers can still use legal online sports wagering operators as they will remain a legal option for sports bettors in the state.