HomeBetfred Sportsbook Maryland

What is the Betfred Maryland promo?

The Betfred Sportsbook Maryland promo is a welcome offer for new customers that consists of awarding a bonus bet matching the stake of your first qualifying wager if it loses, up to $105. Example: To claim the promo, visit the Betfred Sportsbook website, create a new account, deposit funds, and place your first qualifying bet of at least $20 on any sport. If your bet loses, you'll receive a Fred Bet matching the stake amount up to $105 to use within 7 days.

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Betfred MD bonus

Sign-up bonus: Second Chance Bet Up To $105
Promo code: No code needed
Minimum deposit: $10
Last updated: May 2024

Sportsbook overview

Sportsbook: Betfred
Legal in Maryland: Yes
Partner in Maryland: Long Shot’s
Payment methods:
(+3)

Betfred Sportsbook was a little late to the Maryland sports betting scene, but they have carved out a role as a quality bookmaker. With odds that are a touch more generous than other operators offer, Betfred is working hard to play catch-up and is a solid alternative to the other sportsbooks in the state.

In this Betfred Sportsbook review, we’ll cover all you need to know before signing up with one of Maryland’s newest operators, including how to sign up, what bonuses you can expect, and an overall rating of Betfred. Let’s get into it!

How do I join Betfred in Maryland and claim the promo?

Joining Betfred in Maryland is a breeze and will only take a few short minutes to complete. In rare cases, you may be asked to provide additional information/verification, but most users will be signed up and ready to play in 10 minutes or less.

Here are the steps you need to take to join Betfred Maryland:

  1. Visit the official Betfred Sportsbook Maryland website.
  2. Complete the sign-up process to create a new Betfred Sportsbook account, as the promotion is available to new customer sign-ups only.
  3. Make a qualifying first cash wager of $20 or more with minimum odds of -200 on any sport.
  4. Ensure that your qualifying wager does not involve Futures or Betfred Boosts, as they are ineligible towards the offer.
  5. If your qualifying wager settles as a loss, you will receive a Fred Bet matching the stake amount of your first qualifying wager up to $105.
  6. After receiving a Fred Bet, use it within 7 days before it expires, as Fred Bets cannot be withdrawn or redeemed for cash.

How the Betfred Maryland promo works

The Betfred Maryland promo is designed for new customers only, providing a safeguard on their first qualifying bet. To participate, you must be within Maryland and aged 21 or above. Your first cash bet of $20 or more, at minimum odds of -200, placed on any sport during the promo period, is eligible. 

If this initial bet loses, you receive a Fred Bet matching your stake up to $105, valid for use within 7 days. Bets on Futures, Betfred Boosts, or won bets do not qualify.

Terms & conditions for the Betfred MD promo

The Betfred MD promo is a legit offer that is definitely worthy of consideration. Here are the terms and conditions that you should understand in advance:

  • Qualifying first wager must be a minimum cash bet of $20+, have minimum odds of -200, and made on any sport within the Promotional Period running from October 16, 2023, through December 31, 2024.
  • The promotion is available only to new customer sign-ups; existing accounts cannot participate.
  • Wagers on Futures and Betfred Boosts do not qualify for the offer.
  • The qualifying wager must settle as a loss to receive Fred Bet; if the wager wins, no Fred Bet is awarded.
  • Losing wagers will receive a Fred Bet matching their first qualifying wager stake amount up to $105.
  • Fred Bets cannot be withdrawn or redeemed for cash and must be used within 7 days of being credited to the customer’s account.
  • Participants must be at least 21 years old and physically present in Maryland when placing wagers.

More common promos on Betfred Sportsbook MD

Betfred’s promotions page is rather limited in its offerings compared to other bookmakers, but there’s almost always something to pique your interest. While these listed below may not always be available, we’ve listed some of the more common types of Maryland sports betting promotions you’ll find.

Daily & weekly profit boosts

Profit boosts occur when a percentage of winnings are tacked on to your winning bet. For example, if you place a $50 bet on the Ravens at +150 to win, your payout would be $125 ($75 in winnings, $50 initial bet returned). However, the profit boost could turn that $75 into $100 based on the percentage listed in the promo, resulting in a $150 payout.

These are different than the daily and weekly odds boosts Betfred offers, as profit boosts will either be a percentage or a flat amount paid out after the bet is settled. The odds boosts are applied on the front end, regardless of your initial wager amount (unless otherwise specified in the terms of the promo). It’s a subtle difference, but the odds boosts are more frequent with Betfred.

Parlay profit boosts

Like with the daily and weekly profit boosts, Betfred may offer profit boosts specific to parlay bets. Because parlay payouts are already lucrative, requiring a smaller up-front risk for a potentially larger payoff, parlay profit boosts tend to be quite rare at other books, but Betfred offers these boosts daily.

If your parlay has at least four legs with each leg at a minimum of -200 odds, and your wager is at least $5, your bet could be eligible for this wagering promo. The percentage of the boost increases with the number of parlay legs, with up to $100 in bonus bets available for winning parlays.

Bonus bets

Bonus bets are a form of bet credit, and with Betfred, they’re known as “Fred Bets.” Usually, bonus bets have a predetermined value (such as the $37 bets discussed above in the Welcome Bonus section), and you can find them in the terms and conditions section of the promotion.

Different types of bets on Betfred Sportsbook MD

This is a partial list of the bet types you will find at this MD sportsbook. We highly recommend exploring the different markets and figuring out which betting type is right for you!

Moneyline

Moneyline bets are the most straightforward option when sports betting, as they simply involve picking a winner regardless of the margin of victory or the number of points the winning team scores. This is a great bet type for beginning players to get their feet wet.

Over/Under

If you’re not as comfortable with picking winners, playing an over/under (or “total”) wager might be a better fit. With this bet type, you’re often picking whether the combined number of points scored in a game will be over or under a certain total as determined by Betfred. Over/under bets are also very common for player props where you would bet on outcomes such as over or under a set number of points, rebounds, strikeouts, saves, or rushing yards.

Parlay Bets

When you play a parlay, you combine multiple betting interests in a single bet. You could bet on the Baltimore Orioles, Baltimore Ravens, and Washington Capitals to win their games, or you could combine those three scenarios into one bet to make more while risking less money. However, if you bet a parlay with those three teams and you win two out of three, you lose the entire bet.

Future Bets

A futures bet anticipates a long-term result. For example, if you bet on the Ravens to win the Super Bowl before the season starts or the Orioles to win the American League East title in the regular season, that would be a futures bet. Usually, the further in advance of the outcome you place your bet, the better the odds you’ll get. However, the closer to the outcome, the more likely you are to place a winning bet because you have more information. Risk management is key here.

Yes, Betfred Sportsbook is legal in Maryland. Betfred opened its doors to Maryland bettors in February 2023, just three months after the first six sportsbooks began accepting wagers in the Old Line State.

Because of the later launch, Betfred hasn’t seen the same immediate success as other operators and holds a smaller percentage of the state’s betting handle. However, early indications are that Betfred will remain a strong player in the Maryland market.

Our video review of Betfred Sportsbook Maryland

Betfred betting app in Maryland

Betfred is unique in that they have a Maryland sports betting app rather than just one for every state. While other operators in the state have a that is wide-reaching for all their players, Betfred’s Maryland focus allows them to target promotions to those in the Old Line State.

The Google Play store shows more than 10,000 downloads of the Maryland Betfred app. For an app that launched relatively recently (and couldn’t begin accepting bets until three months prior), Betfred’s Maryland growth has been reasonably steady.

How to download the Betfred app on iOS

  1. Open the App Store
  2. Search “MD Betfred Sportsbook”
  3. Tap “Get” then “Install”
  4. Wait for the download to complete, then log in to your account and begin playing

NOTE: You may need to log in with your Apple ID before the download can begin.

How to download the Betfred app on Android

  1. Open the Google Play store
  2. Search “Maryland Betfred”
  3. Click “Install” and wait for the download to complete
  4. Log in and begin placing your bets

NOTE: You may be asked to log in with your Google account before the download can start.

Deposit options on Betfred Maryland

Betfred accepts the following deposit methods:

  • Instant bank transfer
  • PayPal
  • Play+
  • Credit Card (Visa, Mastercard)
  • Debit Card (Visa, Mastercard)
  • VIP Preferred

As of this writing, Betfred does not accept Apple Pay, Skrill, or Venmo in Maryland. Additionally, Betfred does not offer withdrawals back to cards, even if it’s the same card you used to make a deposit.

How is the customer support at Betfred sportsbook MD?

Screenshot of Betfred Maryland retail

Just like with the app, Betfred has its customer service sectioned off by state to more effectively help players. Maryland customers can access 24/7 customer support through the chat, and if the chat becomes disconnected, you can follow up through email with the same representative you were working with before (this happened to me while reaching out to customer service).

You’ll likely need to reach out to support to find an answer to even basic questions, as the website and app lack FAQ pages to cover the basics. Even information that seems like it should be readily available (such as accepted deposit types, how to withdraw your winnings, and what parlays are eligible for bonuses) isn’t organized in that way.

The good news is that the chat is very responsive. You won’t sit and wait long for a response when you’re connected with a representative. When I reached out about my issue, they had an answer for me before I could finish typing in my account information (the issue was not specific to my account).

There are a few other options for Maryland bettors to reach out to as well:

Email: [email protected]
Phone: (480) 485 4967
Twitter: @BetfredSports

Betfred Sportsbook retail locations in Maryland

The lone Betfred Sportsbook retail location in Maryland is at Long Shot’s OTB Parlor in Frederick. You can find as many as 88 video monitors covering live horse races, automated tellers, and Maryland Lottery games there, as well as a restaurant with 24 beers on tap to enjoy as the winnings roll in.

Our expert opinion of Betfred Sportsbook Maryland

On the whole, Betfred Sportsbook is a good but not great sports betting option for Maryland players. Some of Betfred’s features really elevate the sportsbook, but other areas will leave bettors scratching their heads.

Betfred’s daily odds boosts can be a nice option for regular players, and we really appreciate this feature. We have found Betfred’s lines are generally more player-friendly than other books, with more of the “juice” ending up in players’ pockets.

However, the rating takes a hit because it is hard to find information. The app and website designs are a bit stale, and the promotions offered are limited at times. Part of this could be because of how new Betfred is to Maryland, and we expect these things to improve over time.

Our rating of Betfred Sportsbook Maryland

(3.5)

Welcome bonus
(5)
Payment options
(3)
Sportsbook app
(3)
Variety & features
(3)
Customer support
(4)

MD Betting has given Betfred Sportsbook Maryland a rating of 3.5 out of 5. This rating is based on the following criteria:

  • Welcome bonus: Rating 5/5. The Betfred Maryland promo offers substantial value with a second chance bet bonus, user-friendly terms, and inclusivity for all new sign-ups.
  • Payment options: Rating 3/5. Depositing is easy, but withdrawing can be a bit confusing. Betfred is also missing out by not accepting Venmo or Apple Pay as deposit options.
  • Sportsbook app: Rating 3/5. The app design is boring, and it lacks visual appeal. Performance-wise, the app works, but it can be a bit tedious to have to log in through a new window. Additionally, if you travel to another state, you’ll need to download that state’s Betfred app.
  • Variety and features: Rating 3/5. Betfred offers 11 sports to Maryland players with many sub-markets (NBA, WNBA, college basketball, and international basketball all falling under the same category). Promotions are lacking in variety and frequency. Betfred does not offer in-app streaming of sporting events at this time.
  • Customer support: Rating 4/5. We had an excellent experience when reaching out to customer support; however, we cannot comfortably give Betfred a “5” rating when finding out how to navigate to support pages was challenging.

FAQ

How popular is Betfred Sportsbook in Maryland?

Betfred Sportsbook in Maryland is increasing in popularity. Despite launching later than many of the other sportsbook options in the state, Betfred is keeping up with other players and making a dent in Maryland’s overall betting handle.

How old do I have to be to bet with Betfred in MD?

To bet with Betfred in Maryland, you must be at least 21 years of age. This is the case with all sportsbooks in Maryland, and you will be asked to verify your date of birth when creating your Betfred account.

Where can I find the best betfred Maryland bonuses?

You can find the best Betfred Maryland bonuses here at MDBetting.com, as well as in the “promos” section of the Betfred app and website.