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LetsBetMD Sportsbook Maryland Promo Code

No Sweat Bets Up to $500

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Johnny Covers By: Johnny Covers
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Table of contents

What is the LetsBetMD Maryland promo?

The LetsBetMD Sportsbook Maryland promo is a two-stage offer that includes a First Bet Insurance and a First Week Insurance. Example: To claim the promo, visit www.letsbetmd.com/en/promotions/ and make a minimum deposit of $10 to qualify. Place your first bet with minimum total odds of -200. If it settles as a loss, you receive a Bonus Bet matching the stake up to $200. Throughout your first week, continue betting (minimum odds -200), and if you incur net losses, you'll receive 50% of those losses back as a Bonus Bet up to $300. Bonus Bets must be used on parlay bets with odds of at least +100.

LetsBetMD MD Bonus

Sign-up bonus: No Sweat Bets Up to $500
Promo code: No code needed
Minimum deposit: $10
Last updated: December 2024

Sportsbook overview

Sportsbook: LetsBetMD
Legal in Maryland: Yes
Partner in Maryland: None
Payment methods:

Sports betting in Maryland grew one operator bigger this summer, as LetsBetMD Sportsbook Maryland became the 12th legal online sportsbook on July 1, 2024. With an emphasis on eSports, LetsBetMD was granted a license under Veterans Services Corporation (VSC) and has partnered with Bee-Fee LLC. Bee-Fee provides sports betting services across the state.

Previously, VSC had partnered with Intralot to launch GambetDC, the first and only local online sportsbook in Washington, DC. With the addition of retailers launching in the area, including BetMGM Sportsbook DC, GambetDC struggled to gain market share and has since ceased to exist. 

In the current sports betting industry in Maryland, LetsBetMD will be competing with the big boys, as FanDuel and DraftKings currently own roughly 80% of the online sports betting handle in the state. Factoring in BetMGM Sportsbook MD and Caesars Sportsbook MD, and LetsBetMD will be amongst eight online sportsbooks in Maryland competing for the remaining 10% of sports betting handle. 

Their biggest competitive advantage is their eSports betting, which users on the platform can navigate to quickly. Compared to other online sportsbooks in Maryland, which have limited eSports options and are difficult to find, this should make LetsBetMD stand out in the increasingly popular crowd.

How to sign up on LetsBetMD Sportsbook in MD and get the promo

Signing up and claiming the promo at LetsBetMD is easy. Here are the steps you need to take:

  1. Visit the official LetsBetMD Sportsbook Maryland website at www.letsbetmd.com/en/promotions/ and register for a new account.
  2. Deposit a minimum of $10 to qualify for the First Bet Insurance offer.
  3. Place your first single or parlay bet with minimum total odds of -200.
  4. If your first bet is settled as lost, wait to receive a Bonus Bet with the same value up to $200.
  5. For the First Week Insurance, continue to place single or parlay bets throughout your first week with minimum total odds of -200.
  6. After your first week, if you've incurred net losses, receive a Bonus Bet worth 50% of your net loss up to $300.

LetsBetMD promo terms and conditions

Here are some of the key terms and conditions for the LetsBetMD promo:

  • Minimum deposit of $10 required for First Bet Insurance offer.
  • Place a single or parlay bet with minimum total odds of -200.
  • If your first bet loses, receive a Bonus Bet with the same value up to $200.
  • Bonus Bet must be used on a parlay bet with minimum total odds of +100, and minimum odds per selection of -400.
  • Receive a Bonus Bet worth 50% of your net loss up to $300 from your first week's activity.
  • Qualifying bets for both offers must be single or parlay bets with minimum total odds of -200.
  • Bonus Bets are valid for 7 days from when credited.
  • Bets that have been cashed out do not qualify for the promotion.
  • Bets placed on the same market or equivalent markets are not eligible.
  • Maximum payout from the First Bet Insurance Bonus Bet is $1000.
  • Maximum payout from the First Week Insurance Bonus Bet is $1500.
  • Promotion applies to new players who made their first deposit from July 18, 2024.
  • Players must be 21 years or older and not on an exclusion or self-exclusion list.
  • Additional odds boost of 1% when placing bets with Bonus Bets.

How do I fix issues if the LetsBetMD Maryland promo is not working?

If the LetsBetMD Maryland promo isn't working as expected, here are some technical fixes to consider. Firstly, clearing your browser's cache can resolve issues related to outdated or corrupted data that might be affecting the promo's functionality. To do this, go into your browser's settings and find the option to clear browsing data, ensuring you select to clear cached images and files. 

Updating your browser to the latest version is another critical step. Outdated browsers may not support all new website features, including promotional offers. Access your browser's about or update section in the settings menu to check for updates. Additionally, trying a different browser can also help, as some promotions may not be fully compatible with all browsers. 

Lastly, disabling any ad blockers or browser extensions temporarily can also fix the issue. These can sometimes interfere with the scripts running on betting sites, preventing promotions from being displayed or claimed correctly. If these steps do not resolve the issue, contacting LetsBetMD's customer support for further assistance would be the next best step.

Is LetsBetMD Sportsbook live in Maryland?

Yes, as of July 1, 2024, LetsBetMD Sportsbook is live in Maryland, after receiving its licensing from the state early in the year. Veterans Services Corporation (VSC) is the official license holder for LetsBetMD and has partnered with Bee-Fee LLC to be their primary operator.

Like all retail and online sportsbooks in Maryland, LetsBetMD is regulated and overseen by the Maryland Lottery and Gaming Control Agency, which keeps an eye on all gambling activity in the state. With the addition of LetsBetMD sportsbook, the total count for online sportsbooks in Maryland has now grown to 12.

What sports are available to bet on at LetsBetMD?

In an effort to keep up with the nationwide operators currently offering sports betting in Maryland, LetsBetMD Sportsbook offers a wide range of sports. Let’s take a deeper dive into the sports available to bet on at LetsBetMD

  • eSports: Their bread and butter, LetsBetMD Sportsbook in Maryland offers a wide range of eSports betting opportunities, easily accessible on their main page of sports betting leagues. International eSports games including Counter Strike 2 and League of Legends (LoL), amongst others, are covered at LetsBetMD with a plethora of bet types to choose from.
  • Football: The local Baltimore Ravens, along with the rest of the NFL (and college football) are covered at LetsBetMD, with no shortage of football betting options to choose from.
  • Basketball: The nearby Washington Wizards, as well as the University of Maryland Terrapins, are available for betting at LetsBetMD. Bettors can choose from all of the most popular bet types such as money lines, totals, and spreads, to player prop bets.
  • Baseball: The beloved Baltimore Orioles have a host of betting options to choose from at LetBetMD Sportsbook in Maryland, as does the rest of Major League Baseball. When it comes to summertime betting, baseball betting in Maryland takes the cake, and LetsBetMD Sportsbook does not fall short.
  • Soccer: All of the most popular soccer leagues in the world including La Liga, MLS, Premier League, and more are covered under the “Soccer” menu at LetsBetMD. Fans can get down on a plethora of bet types including moneylines, props such as goal scorers, and more.

Deposit methods on LetsBetMD Sportsbook in MD

One area that LetsBetMD Sportsbook falls short is on their payment methods, which as of August 2024 remains only one. Let’s take a closer look at the only available deposit method on LetsBetMD Sportsbook in MD.

  • Play+ Prepaid Card: A LetsBetMD branded Play+ prepaid card is currently the only way your LetsBetMD sportsbook in MD can be funded. Once acquiring a physical or digital Play+ card, players can fund it with a bank account, debit card, or credit card. The minimum amount you can fund your account with is $5, while the maximum amount is $25,000. Once your card is filled, you can instantly make deposits, as well as make fast withdrawals when the time comes. While the options are limited for depositing at LetsBetMD, the Play+ card is versatile and can be used in a variety of ways.

LetsBetMD Sportsbook retail locations in MD

As of August 2024, LetsBetMD Sportsbook does not have a retail location in the state. Currently, since launching in July, LetsBetMD Sportsbook is exclusively online and offers a fully digital Maryland sports betting experience. This is where they excel, however, as LetsBetMD Sportsbook offers a terrific desktop experience, as well as mobile apps for both Android and Apple devices.

LetsBetMD mobile app in Maryland

With LetsBetMD mobile apps available for both iOS and Android devices in Maryland, the convenience of placing bets on the go is at your fingertips. Available for free download and use anywhere within state lines, the LetsBetMD mobile app in Maryland is just as good as their big-name counterparts. 

The app for both operating systems offers a smooth and intuitive experience, making it easy to navigate to your bet with a matter of a few clicks. There is also a great live betting feature, in addition to cash-out options and easily displayed promotion pages.

How to download the LetsBetMD app on iOS

In order to download the LetsBetMD Sportsbook app on iOS devices, just follow these simple steps:

  1. Open the App Store: On your iPhone device, navigate to and launch the Apple Apple Store.
  2. Search for LetsBetMD: Once the app store is open, type in “LetsBetMD Sportsbook” in the search bar and hit enter.
  3. Choose and Download the App: Once you have located the LetsBetMD Sportsbook App, click the “Get” button to start downloading the app.
  4. Install and Open: With the app now installed, open it up and either login or register for a new account. From there, find the sport you wish to wager on and get in your very first bet.

How to download the LetsBetMD app on Android

In order to download the LetsBetMD Sportsbook app on Android devices, just follow these simple steps:

  1. Open the App Store: On your Android device, navigate to and open up the Google Play Store.
  2. Search for LetsBetMD: From here, search for the “LetsBetMD Sportsbook” in the search results and choose it.
  3. Choose and Download the App: Once you have located the LetsBetMD Sportsbooks app, click and “Install” it.
  4. Install and Open: With the installation now complete, all that’s left is to open the app and either register or get logged in. From there, navigate to the sport of your choice and get in your first wager with LetsBetMD.

Is betting on college sports allowed on LetsBetMD Sportsbook in MD?

Yes, betting on college sports is allowed on LetsBetMD Sportsbook in MD, but it does come with a few legal caveats. Notably, while you have carte blanche to bet on college sports, including football and basketball, from across the country, Maryland gambling laws do not permit wagering on Maryland-based teams. 

Also included in this caveat is that you can not bet on college sports taking place in Maryland, even if the two teams include teams from outside the state (i.e. college football bowl games). In the legislation, these laws were put into place to maintain integrity of collegiate sports within Maryland, while still allowing players to bet on college sports taking place nationally.

Benefits and drawbacks of LetsBetMD online sportsbook in MD

Just like with all sportsbooks currently operating in Maryland, there are some benefits and drawbacks of LetsBetMD. Let’s take a closer look at the benefits and drawbacks of LetsBetMD online sportsbook in MD. 

Benefits

  • Intuitive Interface: LetsBetMD is a platform designed to be easy to use, as users can navigate through the app and desktop site intuitively and easily. There is a wide range of markets, easily available in just a few clicks and moves.
  • Locally Based: With the operator of LetsBetMD local to the DC-Maryland-Virginia area, bettors can rest assured they are supporting local business. Because of this, you might even find promotions that are specific to Maryland teams such as the Baltimore Orioles or Baltimore Ravens.
  • eSports Focus: For fans of eSports and betting on them, LetsBetMD goes the extra mile to make sure they have you covered. With extensive betting markets for popular games such as League of Legends and Counter Strike 2, eSports bettors will fill right at home on LetsBetMD.

Drawbacks

  • No Retail Locations: While there are multiple physical sportsbooks in Maryland, none are offered by LetsBetMD, as they are an online-only sportsbook.
  • Few Promotional Offers: Compared to their competitors which offer a rotating menu of promotional offers, LetsBetMD Sportsbook Maryland does not offer frequent promotions. For bonus hunters, this might come as a big disadvantage.
  • Limited Payment Options: While you can use online banking, debit cards, or credit cards to fund it, the only payment option available at LetsBetMD is Play+ prepaid cards.

Our expert opinion on LetsBetMD Sportsbook Maryland

As the latest entrant to join a crowded sports betting industry in Maryland, LetsBetMD Sportsbook Maryland has some strides to make to catch up to the competition. Offering a user-friendly platform, with a Maryland mobile betting app available for Android and Apple Devices, LetsBetMD has begun to increase the number of sports betting markets they offer as they close the gap with the competition.

Despite not having any retail locations for users to place their bets, and limited promotions compared to their competitors, LetsBetMD makes up for both with their unique market offerings including a robust eSports section. Getting in touch with their customer service has also proven to be a breeze, as any questions we’ve asked were answered in short order.

Our rating of LetsBetMD Sportsbook Maryland

(4)

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

MD Betting has given LetsBetMD Sportsbook Maryland an overall rating of 4 out of 5. This score has been based on these factors:

  • Welcome bonus: Rating 4/5.

    The LetsBetMD Maryland promo offers a compelling combination of First Bet and First Week Insurance, providing valuable safety nets for new users. However, the maximum bonus amounts and specific betting requirements slightly limit its appeal.

  • Payment options: Rating 3/5. This is one area LetsBetMD Sportsbook MD falls short of, as the only payment method available is a prepaid Play+ card. Users can use online banking, debit cards, or credit cards to fund their card, however.
  • Sportsbook app: Rating 5/5. Available for free download on both iOS and Android devices, the sportsbook app at LetsBetMD is one area where they excel. Both intuitive and easy to use, the sportsbook app competes with the biggest players in the space including DraftKings Sportsbook MD and BetMGM Sportsbook MD.
  • Variety and features: Rating 4/5. There is no shortage of a great variety of sports betting markets and betting type features offered at LetsBetMD. Uniquely, LetsBetMD Sportsbook MD offers a robust menu of eSports betting options.
  • Customer support: Rating 5/5. In addition to a robust and helpful FAQ, LetsBetMD offers a support page with a number of ways to get in touch with customer services. This includes a 24/7-answered email address of [email protected], as well as live chat available Monday through Sunday from 7 AM to 1 AM EST.

FAQ

What age can I legally play on LetsBetMD in Maryland?

You can legally play on LetsBetMD in Maryland at 21 years of age and older.

Where do I find the latest LetsBetMD Sportsbook promotions in MD?

The best place to find the latest LetsBetMD Sportsbook promotions in MD is right here at MDBetting.com. The next best place is the promotions page located at LetsBetMD.com.

How is LetsBetMD different from other sportsbooks in Maryland?

For one, LetsBetMD is different from other sportsbooks in Maryland in that they are a locally-grown product that is only available in Maryland. Next, they place an emphasis on the growing eSports betting markets, which is unique to LetsBetMD.

Author Details

Johnny Covers

Johnny Covers

Johnny Covers is a sports betting specialist and author for MD Betting. He boasts almost a decade of expertise in the industry. Renowned for his proficient skills in handicapping, Johnny has offered his insightful analysis to various prominent sports and betting outlets. His contributions have been featured in All-In Magazine, Blitz Predict, FantasyPros, Betting Pros, Sportsbook Review, Golf Monthly, and OddsChecker.