By Mark Strotman | | 25 mins
Online Maryland Sports Betting Launches Wednesday: Here are the Top Offers
The long wait is just about over, and we’ve finally got an official launch date and time for online sports betting in Maryland.
Here’s everything that bettors in the Old Line State need to know about this momentous occasion so they can be ready to roll when everything goes live at 9 a.m. ET on Wednesday.
When Does Maryland Online Sports Betting Go Live?
Maryland online sports betting will go live at 9 a.m. ET. on November 23 - 7 of the 10 approved sportsbooks (to date) will take bets at that time - following a soft launch on Monday. Bettors will be able to log into their respective online sportsbooks and begin placing bets as soon as the clock strikes 9 a.m. ET.
What Maryland Online Sports Betting App Will Launch First?
Seven Maryland online sportsbooks are expected to go live on Wednesday. Those seven are: Caesars Sportsbook Maryland, BetMGM Maryland, PointsBet Maryland, FanDuel Maryland, DraftKings Maryland, Barstool Maryland and BetRivers Maryland.
The Old Line State is wasting no time getting the premier betting operators live as these seven Maryland betting apps are widely considered the best in the industry.
Which Maryland Online Sports Betting Promo Code Is Best?
The best Maryland sportsbook promo codes are the ones that fit your betting style. All operators offer a different version of a welcome bonus that either puts free bets in your digital pocket, provides insurance on your first bet, or some combination of the two.
What bettors need to know about promo codes is that all of them are easy to earn, all of them enhance your experience and increase your potential payouts, and all unlock unlimited access of the online sportsbook you’ve chosen to play with.
Here’s a quick list of the seven operators going live on Wednesday and the welcome bonuses that are unlocked when you use their respective promo code. Just hit 'Bet Now' below on the operator link you want to unlock:
- Caesars Sportsbook: Get $100 Free Bet When You Bet $20/Get Up to $1,500 in Free Bets (if your first bet loses)
- BetMGM Sportsbook: First Bet Insurance Worth Up To $1,000
- FanDuel Sportsbook: Bet $5, Win $200 + Get A $5,000 No Sweat Bet
- DraftKings Sportsbook: Bet $5, Get $200
- PointsBet Sportsbook: Get 5 Second Chance Bets Worth $100 Each
- BetRivers Sportsbook: Get Up To $500 In Second Chance Bet
- Barstool Sportsbook: Get $1,000 Risk-Free Bet
Maryland Sports Betting: What Happens Next?
Beginning at 9 a.m. ET on Wednesday, seven online sportsbooks will launch in Maryland. Bettors will have full access to everything that those sportsbooks offer from that point on. But that’s only the beginning.
In addition to those seven operators launching, it’s expected that additional online sportsbooks will launch in the coming months. This is just the beginning for Maryland sports betting, meaning there’s potential for more offers and promotions that bettors can earn as the others go live.
Maryland Sports Betting: How do Payouts Work?
One of the most important reasons we recommend playing with legal and licensed Maryland sports betting operators is that the banking methods are simple to understand and easy to use. Most operators will require a minimum of a few dollars when players deposit and some operators will allow you to place bets as small as a few cents!
When it comes time to withdraw your big winnings, those transactions are processed within a business day or two (and usually much shorter than that depending on what type of banking method you’re using).
Deposits and withdrawals are seamless actions at Maryland online sportsbooks, leaving you more time to place bets and less time to wonder where your money is going.
Best Maryland Sports Betting Options For Thanksgiving
The timing couldn’t be better for sports fans in Maryland. The launch of online Maryland sports betting just in time for Thanksgiving means bettors will be able to place wagers on the likes of the NFL’s Thanksgiving Day slate (three games), additional Week 12 action, the World Cup in Qatar, the NBA, the NHL, and both college football and basketball.
With apologies to baseball, this is truly the best time for the year to bet on sports.
Do I Have to Pay Taxes on Maryland Sports Betting Winnings?
Any winnings that bettors earn with Maryland sports betting operators are considered taxable income. That means you are legally required to declare these winnings.
We recommend checking out the FAQ section of your respective Maryland sports betting operator to see what documents you’ll need when filing these winnings, and to also talk to tax experts about the process of recording your winnings so that you’re in compliance with federal law.
Maryland Sports Betting Retail Locations
Sports bettors will be able to start betting online and taking their sportsbook on the go with them, but there are also a number of physical Maryland sports betting retail locations that offer all the same odds, offers and bonuses as their online counterparts:
- Barstool: Hollywood Casino Perryville in Perryville
- BetMGM: MGM National Harbor in Oxon Hill
- BetRivers: Bingo World Baltimore in Baltimore
- Caesars: Horseshoe Casino Baltimore in Baltimore
- DraftKings: Timonium Racetrack in Timonium
- FanDuel: Live! Casino & Hotel Maryland in Hanover
- PointsBet: Riverboat on the Potomac in Colonial Beach (Virginia)