HomeDraftKings Sportsbook Maryland

What is the DraftKings Maryland promo?

The DraftKings Sportsbook Maryland promo is a second chance bet of up to $1500. Example: Register for a new account through DraftKings, and make a minimum deposit of $5. Place your first bet, and if it loses, receive a Bonus Bet matching your stake up to $1,500.

You can take advantage of this offer right now if you Click This Link.

DraftKings MD bonus

Sign-up bonus: Second Chance Bet Up To $1500
Promo code: No code needed
Minimum deposit: $5
Last updated: May 2024

Sportsbook overview

Sportsbook: DraftKings
Legal in Maryland: Yes
Partner in Maryland: Timonium Racetrack
Payment methods:
(+7)

Maryland was the 23rd state to legalize online sports betting, paving the way for DraftKings Sportsbook to enter the market. The operator has since taken a strong foothold in the state and is considered one of the top Maryland sportsbooks.

This review will take a deep dive into DraftKings Maryland, the bonuses offered, and some of the features to consider when signing up and using the app.

Terms & conditions for the DraftKings Maryland promo

The terms and conditions for this special offer are simple, straightforward, and completely transparent:

  • Minimum deposit of $5+ into your Sportsbook account is required.
  • Your first placed wager of $1 or more will be considered as the qualifying bet.
  • If your qualifying bet loses, you will receive a Bonus Bet equal to the amount of your wager up to $1,500.
  • Bonus Bet must be used within seven (7) days from the time they are credited to your account
  • Winnings from Bonus Bets must be wagered 1x time before any resulting cash winnings can be withdrawn.
  • Bonus Bet amount is not included in any returns or winnings.
  • Offer is only available to first-time DraftKings customers who have never previously made a deposit.
  • Bonus Bets are valid on all eligible DraftKings Sportsbook markets prior to expiration.
  • Promotion is valid from May 20, 2024, to June 23, 2024.
  • Participants must be physically located in Maryland and at least 21 years old.
  • One (1) qualifying bet per customer.

How to sign up for DraftKings in Maryland & claim the promo

Signing up for a DraftKings account is an easy process that will take most users 10 minutes or less to complete. Whether you’re using the Maryland sportsbook website or the app, there are four stages to creating an online sports gambling account.

  1. Activate the DraftKings Maryland promo by clicking the 'GET BONUS' button on this page.
  2. Sign up for a new DraftKings Sportsbook account by providing the required personal information and verifying your location in Maryland.
  3. Opt-in to the promotion and complete a minimum deposit of $5+ into your new DraftKings Sportsbook account.
  4. Place your first bet of $1 or more on any eligible market during the promotional period.
  5. If your first bet loses, receive a Bonus Bet equal to the amount of your losing wager, up to $1,500, within 24 hours of bet settlement.
  6. Use your Bonus Bet within seven (7) days on any eligible DraftKings Sportsbook market before it expires.

After you sign up successfully, you will be able to use your account if you are in another state with legal sports betting. Finally, it’s important to distinguish between betting using the sportsbook and participating in the daily fantasy sports (DFS) options. Signing up with one doesn’t automatically sign you up for the other.

Do I need a promo code for the DraftKings MD bonus?

No, you do not need a promo code for the DraftKings Maryland bonus. You simply need to make a first-time deposit of $5+, opt-in, and place a qualifying bet of $1 or more during the promotional period to be eligible.

What should I do if I encounter issues with the DraftKings promotion?

If you encounter issues with the DraftKings promotion, please contact DraftKings support at [email protected] for assistance and information on how to resolve the problem.

Other common bonuses offered by DraftKings Maryland

The sign-up or welcome bonus will get you off to a running start. Read more below about the most common MD sports betting promos DraftKings offers:

  • Deposit match bonus: A deposit match bonus involves the sportsbook giving bet credit that matches your deposit up to a certain amount. For example, if you deposit $50 on DraftKings Sportsbook and there is a 100% deposit match, you will have a total of $100 in your account. Because this bonus comes in the form of bet credit, you cannot withdraw $100 from your account after the promotion hits. You will need to use the deposit match a number of times first, then you can withdraw any winnings from that wager.
  • Second Chance bets: This is one of the most common welcome offers. With this one, you get a refund in bonus betting credit up to a certain amount if you lose your first bet.
  • Odds boosts and profit boost: Odds boosts are self-explanatory. They will shift the odds in favor of the player on certain parlays, propositions, or some other select wager.

Keep an eye on what promotions are available to make sure you’re making the most of your betting opportunities. DraftKings has a good number of promotions available for both new and returning players and while some promotions are sport-specific, others can be applied however you wish.

Our video review of DraftKings Sportsbook Maryland

About DraftKings Sportsbook

DraftKings is a sports gambling company that started out offering daily fantasy sports contests. The operator was established in 2012 to provide a one-on-one baseball competition product. This led to a partnership with Major League Baseball in 2013, making MLB the first of the “Big Four” North American sports leagues to partner with a daily fantasy sports operator.

Following the Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act of 1992, DraftKings expanded its U.S. operations to offer sports betting. Today, DraftKings is a publicly traded company with a multi-billion dollar valuation.

DraftKings betting app Maryland

The DraftKings sports betting app is, without a doubt, the most convenient way to place bets with the operator. The app's user interface is very similar to the desktop version, allowing customers to navigate between the two with ease.

As you would expect, the DraftKings app is available on iOS and Android smartphones. It is one of the highest-rated mobile betting apps in MD, with 4.8 out of five stars with more than 522,000 ratings in the Apple Store; on the Google Play store, the app has a 4.7/5 rating with more than 135K reviews.

The DraftKings app is free to download.

How to download the DraftKings app on Apple devices

  1. Open the App Store app on your iPhone, iPad, or iPod touch.
  2. To find the app, go to the Games section and search for DraftKings Sportsbook.
  3. Tap or click the download button.

How to download the DraftKings app on Android devices

  1. Visit DraftKings' official website using your smartphone browser.
  2. Click the "download" button on the Android icon on the DraftKings website.
  3. Accept the security prompt to modify some settings that will allow the app to be downloaded and installed.
  4. To begin the installation, open the APK file you just downloaded.

Deposit and withdrawal methods on DraftKings

DraftKings Sportsbook accepts a variety of payment methods. Maryland's deposit options fall in line with those in other states.

Deposit methods for DraftKings Sportsbook in Maryland include:

  • Online banking
  • VIP Preferred Account (e-Check)
  • PayPal
  • Credit Card
  • Debit Card
  • Cash (at retail/cage locations ONLY)
  • Venmo
  • Wire Transfer (via MVB Bank)
  • Electronic Gift Card (Visa, MasterCard, Discover)
  • DraftKings Gift Card

Similarly, withdrawal methods include:

  • Online banking
  • VIP Preferred Account (e-Check)
  • PayPal
  • Debit Card
  • Cage (in-person)
  • Venmo
  • Play+ Prepaid Card
  • Checks
  • Bank Wire

How to make a deposit

To make a deposit on DraftKings, go to their website and in the top right corner, and click the green “Deposit” button or go to the app and click the green “+” icon (also in the top right corner).

From there, you can push a button to add, $25, $50, $100, or a custom amount to your account. After that, select your payment method from the options listed above, then click “Deposit (amount)” and you’re ready to play!

DraftKings gives customers the ability to select daily, weekly, and monthly betting limits by accessing the “Account Information” section of the account settings. Once limits are set, it takes a set amount of time to change the limit for any reason.

Additionally, Maryland residents must complete a written application to change their limits. The written application includes a listing of annual household income and net worth to qualify for limits within a specified range. Setting limits allows users to continue gambling responsibly.

How‌ ‌to‌ ‌make a withdrawal

To make a withdrawal at DraftKings, you can often use the same method as when making a deposit. You may be asked to verify your identity, but that security measure ensures no one else is accessing your account for a payout.

Bet credits are not eligible for withdrawal, so the amount you can withdraw and the amount you are able to wager may be different figures. Be sure to check carefully so you don’t end up short of what you think you’re able to withdraw.

DraftKings processes withdrawals from 9AM-5PM ET Monday through Friday. If your withdrawal request is submitted after 2PM, it may not be processed until the following day. According to the DraftKings website, withdrawals outside of a retail location can take anywhere from 1-7 business days.

Betting tips and strategies to use on DK Sportsbook

Utilizing effective betting strategies is required to optimize your DraftKings experience and maximize potential winnings. We have listed some of the most common strategies below:

Hedge your futures bets

Hedging your bets is one of the best strategies you can make when placing futures bets because it gives you a way to either guarantee a win or reduce the amount lost on your wagers. A hedge bet would involve placing a wager that is in opposition to the original bet.

For example, say you made a futures bet on the Ravens to win the Super Bowl before the season started at +2000. By the time Baltimore advances to the big game, those odds will now have improved dramatically to the point where they are favorites.

In this example, hedging would involve placing a bet on their Super Bowl opponent (say, the San Francisco 49ers) with an amount that would win just over your original amount wagered. This way, you’re guaranteed a profit on your bet regardless of who wins.

Another example of hedging while betting on a single game would be trying a “middlestrategy. Say in this situation with the same matchup above, you bet on the Ravens at -4.5. After placing that bet, the line shifts to Ravens -5.5. At that point, you could place a bet on the 49ers at +5.5 so that one of your two bets is guaranteed to win. In a perfect scenario, Baltimore wins by exactly five points (the middle) and both bets win.

Bet with your head, not your heart

One of the easiest traps new bettors can fall into is only betting on their favorite team to win. While this can be fun at first, betting only on the team you like to win can lead to bad habits and big losses.

Make sure that when you’re placing a wager, you’re giving yourself as much chance to win as possible. Thorough research, odds shopping, and understanding the game script will only work in your favor.

Set limits to avoid chasing losses

In both the app and the website, you can set a limit on the amount you’re permitted to wager. If you’re on a rough run and have lost several bets in a row, it can be tempting to bet larger amounts to offset the losses, but this can often be a recipe for disaster.

DraftKings offers users a betting limit amount, which can be accessed by going to the settings page. Additionally, you can take a “cool downperiod which blocks your account from placing any bets, depositing funds, or making any alterations to your account. This cool down period can last anywhere from three days to four weeks.

Setting limits is a great way to gamble responsibly. If you or someone you know may have a gambling problem, there are resources available through both the DraftKings site and with the State Lottery and Gaming Control Agency.

Sports you can bet on with DraftKings sportsbook MD

Screenshot of DraftKings Maryland Sport section

DraftKings covers many professional sports leagues and often has extended markets for prop bets on each as well. With 16 sports to choose from, you’re bound to find something to enjoy. Here, we’ve highlighted some of the top options available.

Basketball

Basketball is also one of the most popular sports in the country, and few betting events can keep up with March Madness. The men’s and women’s college basketball tournaments see millions of dollars wagered each year while betting on individual games, tournament winners, and bracket challenges.

Locally, the Terrapins have won five Big Ten women’s championships since joining the conference in 2014, and the men have qualified for six NCAA tournaments since the same year; the men’s team also won the Big Ten title in 2020, but the COVID-19 pandemic kept games from being played that year.

Football

Football is king in the U.S., and Maryland is no exception. Whether it’s wagering on the Ravens or in the collegiate ranks with the Terrapins or Navy football in a bowl game, NFL betting accounts for the biggest percentage of Maryland’s sports betting handle.

Baseball

MLB’s recent rule changes have led to slight increases in scoring, helping to grow the appeal of baseball betting. In Maryland, the Baltimore Orioles and Washington Nationals account for most betting action. Both clubs have been rebuilding over the past few seasons and are on the upswing, though Baltimore is closer to contending for division titles once again.

Tennis

Tennis gives gamblers practically unrivaled opportunities with DraftKings as events span the globe and the calendar. There's no shortage of volume on the men's and women's tours, which compete weekly between early January and Christmas, giving tennis bettors more chances to win and more chances to find betting value across competitions.

Golf

Like tennis, golf’s betting landscape is consistent nearly year round but particularly in the summer months when football, basketball, and hockey are out of season. Usually, the weeks leading up to the Masters, one of the most popular U.S. sporting events, are when betting action begins to take a foothold.

Taking advantage of all the numerous markets available, from in-play to each-way, two-ball and three-ball, betting the field or betting head-to-head is key to successful golf betting. DraftKings offers all these different bet types and information for more precise betting.

Soccer

While soccer isn’t as popular in the United States, it’s far and away the most popular sport on the planet. DraftKings offers markets covering the English Premier League (EPL) and Spanish Primera División (La Liga), which play for the majority of the year, as well as international tournaments such as the FIFA World Cup (every four years) and UEFA Champions League (annually). There are also markets for the English Championship, FA Cup, and Major League Soccer on DraftKings making betting options nearly limitless.

Yes, DraftKings Sportsbook is legal in Maryland. Residents voted to approve sports betting during the November 2020 election, and Gov. Larry Hogan signed the sports betting bill HB 940 into law in May 2021. DraftKings went live in Maryland in November 2022.

DraftKings and Timonium Racetrack partnership

When DraftKings was granted a license to operate in Maryland, the company struck a deal with the Maryland Lottery and Gaming Control Agency to help renovate part of the Timonium Racetrack at the State Fairgrounds.

This partnership permitted DraftKings a 10-year partnership to operate in Maryland. It is unclear when DraftKings plans to open its retail location at the fairgrounds; as of writing, no official opening date has been announced, and there are no mentions of DraftKings on either the State Fair website or the Timonium Racetrack pages.

Is DraftKings Online Casino available in Maryland?

No, DraftKings Online Casino is not currently available in Maryland. As of now, online casino legislation, which would legalize platforms like DraftKings Online Casino Maryland, has not been passed in the state. While Maryland legalized online sports betting in November of 2022, this legislation did not extend to online casinos.

Our expert opinion on DraftKings Maryland

DraftKings is one of the more popular sportsbook options throughout the United States and for good reason. With a wide variety of betting markets, deposit methods, and mobile app performance, DraftKings is an excellent choice for both beginning bettors and experienced veterans.

We particularly enjoy the mobile app compared to the sports betting apps from other operators. Additionally, DraftKings’ odds are competitive with other bookmakers, and the customer support option with a deep FAQ list is a huge plus.

Though there are a few points where DraftKings comes up a bit short, such as with the welcome bonus, the at-times limited same-game parlay offerings, and the somewhat complex rewards system (the “Crowns” awarded for every bet placed). With that in mind, overall, DraftKings’ high points are excellent and their lows aren’t nearly as low as with other operators.

Our rating of DraftKings Sportsbook Maryland

(4.5)

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

MD Betting has given DraftKings Sportsbook Maryland an overall rating of 4.5 out of 5. The overall rating has been based on these factors:

  • Welcome bonus: Rating 3/5.

    The DraftKings Maryland promo received this rating because, while offering a generous Bonus Bet up to $1,500 for lost first bets, it has restrictions. Bonus Bets expire in 7 days, are non-refundable, non-transferable, and the bonus amount isn’t included in any returns, limiting flexibility and potential winnings.

  • Payment options: Rating 5/5. DraftKings offers a wide array of options for withdrawal and depositing into your account. The ability to set limits and instill a cool-down time to ensure continued responsible gambling is important as well. Withdrawals are processed daily and disbursed quickly.
  • Sportsbook app: Rating 5/5. The sleek design, easy-to-learn user interface, and performance speed across mobile devices are all major factors here. DraftKings holds a high rating on both the Apple and Android app stores and is one of a small number of apps to rate so highly on both platforms.
  • Variety and features: Rating 4/5. At times, the same-game parlays can be a bit restrictive, but for the most part, DK provides enough options for casual and hardcore bettors alike. The addition of live sports viewing through the app and website will change this score to a 5.
  • Customer support: Rating 5/5. In the rare instance that customer support is needed, DraftKings offers 24/7 customer support through both the website and app, and they don’t bury the support 10 menus deep. You can access live support from the home page of the site and on the account page in the app.

FAQ

How does DraftKings Sportsbook compare to Barstool Sportsbook?

DraftKings Sportsbook and Barstool Sportsbook each offer their own benefits, bonuses, and user experiences, so the decision on which to use will ultimately come down to individual preference. You may find one operator has more game choices than the other, or perhaps one offers better odds. We recommend having both, that way, you can compare odds, etc. in real time.

Can I gamble on DraftKings if I’m under 18?

No, gambling on DraftKings when under the age of 18 is illegal. It is also illegal to allow someone under the age of 21 to bet on sports in Maryland, though daily fantasy sports (DFS) participation is permitted for players who are at least 18 years of age. You will have to prove your age by filling in your details at registration and might need to show proof of ID to confirm your age. This process applies to the sportsbook, casino, and DFS options.

Is DraftKings the best sportsbook in Maryland?

Yes, DraftKings is one of the best sportsbooks in Maryland, though the definition of the “best” sportsbook will vary from user to user. DraftKings is among the most user-friendly apps available with a high rating across app stores. DraftKings Sportsbook also offers generous promotions for new and existing users alike, and it is one of the most popular Maryland options.

Second Chance Bet Up To $1500
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