Maryland sports betting
Legal sports betting is live in Maryland! You can now register at multiple online betting sites in the Old Line State. We guide you with the latest news, reviews, and an updated list of bonuses you can claim.
Legal Maryland betting sites
Best betting sites in Maryland
- DraftKings Maryland: Best betting site for UFC wagering
- Caesars Maryland: Best betting site for Baltimore Ravens fans
- Crab Sports Maryland: Best betting site for Maryland teams
- BetRivers Maryland: Best betting site for rewards
- Betfred Maryland: Best betting site for European sports
- PointsBet Maryland: Best betting site for unique wagering
More MD betting sites
Maryland gaming laws are designed to be inclusive, and they encourage diversity and small business participation. As a result, there are a number of betting sites that fly under the radar, and the list will get longer as time goes on:
Is online sports betting legal in Maryland?
Online sports betting is now legal in Maryland. After the legislature passed HB 940, Governor Larry Hogan signed the bill into law in May 2021.
Adults over the age of 21 are free to place wagers on any of the online betting sites that are currently licensed in the Old Line State.
A quick overview of Maryland sports betting
|Sports betting legal since:||May 18, 2021|
|Number of online betting sites:||Up to 60 licenses available|
|Number of retail sportsbooks:||Up to 50 licenses available|
|Legal betting age:||21|
|Licensing body:||The Sports Wagering Application Review Commission|
|Governing body:||The Maryland Lottery and Gaming Control Agency|
Popular teams to wager on in MD
The state of Maryland is home to a handful of popular sports teams that you can place your wagers on. They include:
Latest developments in MD sports betting
Bets available on Maryland betting sites
You have a lot of options when you are placing bets at online sportsbooks. Below is a run-through of the most common bet types you will find on Maryland betting sites:
How to join an online betting site in Maryland
In order to start wagering online, you’ll need to create an account with any of the licensed betting sites in Maryland. To get started, just follow these simple steps:
- Choose a betting site that is legal in Maryland: The first step is ensuring that the betting site has a license to accept players from Maryland. When you’ve chosen your preferred operator, you can visit their website and initiate the registration process.
- Create an account with your personal details: Here is the part where you provide your personal information to the gambling site you want to join. After providing this data, your location will be verified, and your account will go live.
- Deposit funds and start betting: After that, you need to choose a payment option so you can fund your account. You can use online banking, a credit or debit card, PayPal, or another method. When you complete the process, you can claim your Maryland sportsbook promo for new players and place your first bet.
How to choose the best betting site in Maryland
With a number of online sportsbooks in Maryland currently active, it might be a bit tricky to know which one to pick. Here are a few things to consider:
Are sports betting winnings taxable in Maryland?
The state deducts a tax between 2% and 5.75% on all winnings from online gambling in Maryland, depending on how much you win. If players land a big win, they receive a W-2G Form from the gaming operator (retail location, pari-mutuel operator, casino, online betting site, and so on). The form gives a breakdown of the amount won and the tax withheld.
Also, the IRS requires the payer to withhold 24% of winnings above $5,000 if the payout was at least 300 times the bet increment. The actual amount you will wind up paying depends on your tax bracket.
Popular sports to bet on in Maryland
From football to basketball to horse racing, Maryland offers a wide range of sports to bet on, each with their own unique thrills and challenges. Here are some of the most popular:
Payment methods on MD betting sites
When choosing a gambling site in Maryland, the available deposit and withdrawal methods should be considered. Most operators accept a variety of payment methods, but the most convenient and popular ones include:
Retail betting locations and partnerships
The state of Maryland allows land-based sports betting locations where players can wager in person. It can be fun to gather with others to dive into the action, and there are other forms of gambling at these venues. Some popular retail locations where you can enjoy in-person betting in Maryland are:
The history of Maryland sports betting
The journey that led to legal sports betting in Maryland had some twists and turns along the way. Here is a timeline of the major events that culminated in the legalization of Maryland sports betting:
Laws and regulations that sports betting websites need to follow in Maryland
Online betting sites operating in Maryland must follow a set of guidelines that are outlined in HB 940 in order to operate legally and safely.
These guidelines are in place to protect consumers and ensure that sports betting is conducted in a fair and transparent manner. Some of the key laws, regulations, and requirements that online sportsbooks in Maryland need to follow include:
What is the revenue of Maryland sports betting?
According to a Maryland Lottery and Gaming Control Agency report, the handle for the first full month of legal online betting (Dec. 2022) was $478.3 million. Retail handle was $18.85 million during the same period.
Who regulates sports betting in Maryland?
The Maryland Lottery and Gaming Control Agency is responsible for the regulation of sports betting in the state. It requires licensed operators to use approved software and maintain certain operating requirements. The agency also regularly audits books, checks financial records, and randomly inspects gaming sites to ensure compliance with laws and regulations.
What age do I need to be to bet on sports in Maryland?
You need to be at least 21 years old to bet on sports in Maryland.
Are all forms of sports legal to wager on in MD?
Almost all forms of sports are legal to bet on in Maryland except high school sports. Some states do not allow players to bet on college sports, but this is not the case in Maryland.
Who decides if a betting site can operate in Maryland?
The Maryland Sports Wagering Application Review Commission was established to review sports wagering applications submitted to the State of Maryland. The Commission is made up of representatives from various state agencies, including the Department of Legislative Services and the Office of General Counsel in addition to industry experts.
Can I bet on daily fantasy sports in MD?
Yes, you can bet on daily fantasy sports (DFS) in Maryland. The Maryland General Assembly passed a law in 2012 that made it clear that DFS is considered a game of skill and is therefore not covered by the state's gambling laws.
How many sports betting websites are legal in Maryland?
There are 12 sports betting websites that are legal and live in Maryland right now. These are Caesars, Betrivers, FanDuel, PointsBet, DraftKings, Barstool, BetMGM, Betfred, Crab Sports, BetPARX, Superbook, and Fanatics Sportsbook.
How do I bet on sports in Maryland?
You can bet on sports in Maryland by signing up at an online betting site or going to a licensed retail location and placing a bet.
Can I bet on FanDuel if I live in Maryland?
Yes, you can bet on FanDuel if you live in Maryland. FanDuel is one of the eight wagering sites that are live in the state right now. All you have to do is sign up for an account and make a deposit and you can start betting.
How much money does sports betting generate in Maryland?
The Maryland Lottery and Gaming Control Agency reports that the cumulative contribution to the Blueprint for Maryland's Future Fund was over $6.5 million through the end of 2022.