- Sports betting was voted into Maryland law during the 2020 November elections.
- The first land-based Maryland sportsbook went live on December 9, 2021
- Licensed online sportsbooks in MD are available but aren’t state-regulated.
Legal Maryland Sports Betting
Maryland sports betting was voted into law during the November 2020 elections and launched on December 9 2021. The sports betting bill, HB 940 passed in April 2021. Both retail and mobile sportsbooks are regulated, as the format for Maryland sports wagering is tiered into three classes of licenses. 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, but these have not yet launched.
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
Current State Of Sports Betting In Maryland
November 3, 2021 – The Maryland Sports Wagering Applicant Review Commission concludes its meeting without issuing any sports betting licenses, delaying the market yet again.
October 28, 2021 – The Maryland Sports Wagering Applicant Review Commission scheduled a meeting that will review betting applications from major sportsbooks.
October 21, 2021 – Maryland Governor Larry Hogan complains publicly about the delays in sports betting launching in Maryland.
October 13, 2021 – The Maryland Sports Wagering Applicant Review Commission postpones review meetings that would see sports betting bills issued to applicants.
October 6, 2021 – Three Maryland casinos in MGM National Harbor, Horseshoe Casino Baltimore, and Live! Casino and Hotel met the requirements to gain sports betting licenses by the Maryland Lottery and Gaming Control Commission.
October 4, 2021 – The rules for sports betting regulations in Maryland are put under review.
September 27, 2021 – The public commentary period for the sports betting regulations in Maryland officially closes.
September 10, 2021 – Maryland misses its initial intended launch date for the beginning of the NFL season.
August 27, 2021 – The Maryland Lottery and Gaming Control Commission officially publish the regulations for sports betting. These rules were available for public comment in the Maryland Register for 30 days.
August 16, 2021 – The newly formed Sports Wagering Application Review Commission in Maryland held its first meeting. The meeting concluded with the Maryland Lottery and Gaming Control Commission being granted licensees.
July 1, 2021 – Sports betting is added to the Maryland law books.
July 15, 2021 – The Maryland Lottery and Gaming Control Commission votes unanimously in favor of the approved regulations for sports betting in Maryland.
June 10, 2021 – Riverboat on the Potomac partners with PointsBet, granting the sportsbooks market access in Maryland.
May 19, 2021 – BetMGM gains market access in Maryland by partnering with the Baltimore Ravens.
May 18, 2021 – HB 940 is signed into law by Governor Larry Hogan, officially regulating sports betting in Maryland. The regulations’ status will be enacted on June 1.
April 12, 2021 – Maryland lawmakers pass HB 940 in both the House and the Senate. This bill regulates sports betting in Maryland.
November 3, 2020 – Maryland residents votes in favor of sports betting during the elections.
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. Find in-play betting and ways to get in action quickly compared to land-based counterparts. These websites aren’t regulated in Maryland, but they are instead licensed in their home countries. Maryland betting apps are a thing of the future, though a launch is expected to occur sometime in 2022.
Where To Bet On Sports In Maryland
Even with the popularity of sports betting in Maryland, there are not many brick and mortar sportsbooks within the state. Most MD residents use online sportsbooks to bet on their Terps and other teams. With mobile betting apps or mobile sports betting sites, betting on sports in Maryland is expanding for the time being.
- Horseshoe Casino Baltimore – Baltimore, MD
- Live! Casino & Hotel Maryland – Hanover, MD
- MGM National Harbor – Oxon Hill, MD
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)|
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.