All Maryland Sportsbook Promos

Check out the biggest sports betting bonuses in Maryland and all of the sportsbook promos on offer throughout the state here. As of June 2023 there are up to $7,000 available courtesy of generous welcome offers at the nine different sportsbooks. You can claim all of these welcome bonuses now by scrolling down this page and choosing which sportsbooks you want to sign up to.

There are also a ton of sports betting promos available for existing customers in Maryland. Each sportsbook runs daily or weekly odds boosts as well as having features such as bet insurance on parlays and prize pools where users can win free bets. Long story short, whether you’re a new customer or you’ve been around for a while, you can claim plenty of bonus bets in Maryland now!

Largest Maryland Sports Betting Promos – June 2023

What is a Sports Betting Promo?

A sports betting promo refers to any offer that sportsbooks give to new and existing users. The promos that are available for new customers are used as a way of incentivizing people to sign up for the platform and to place numerous wagers. The promos that are available for existing users are a way of keeping bettors interested on the platform and rewarding loyal members. The most valuable kind of sports betting promo is a welcome bonus. This is because sportsbooks usually offer up to $1,000 in bonus bets as part of their welcome bonus.

However, even though promos for existing users aren’t as valuable, there are a higher quantity of these types of promos at a sportsbook over the course of the year. This means you can benefit from promos that are available both for signing up to a sports betting platform and by being an active bettor on the platform too.

Comparing Maryland Sports Betting Promos

Ever since sports betting was legalized in Maryland in 2021, sportsbooks have been continually launching in the state. Here’s a list of the eight currently operating online sportsbooks and their welcome bonus for new customers.

BETMGM – They host one of the best sports betting promos in Maryland. Not only can new users claim up to $1,000 as part of their welcome bonus, but they can also access the highest rated sportsbook platform in the state. Grab your bonus now and find out why the call BETMGM the king of sportsbooks!

Caesars Sportsbook – They offer the largest sports betting promo in the entire state of Maryland currently. New users can get up to $1,500 in bet credits when they sign up and bet with Caesars. Claim your bonus now by clicking the green button above!

DraftKings – They host one of the best sports betting platforms in all of Maryland. New customers who sign up and wager at DraftKings can receive up to $1,000 in bonus bets.

FanDuel – They’re giving up to $1,000 in bonus bets to new users. FanDuel provides a fantastic array of sports to bet on and are a must use platform for bettors in Maryland.

PointsBet – They allow users to request custom bets on their site and app. PointsBet has a relatively small max limit on their welcome bonus, but it’s still good as new users can claim up to $500 in free bets right away.

Twinspires – They’re a horse-racing only sportsbook that currently gives up to $200 in bonus bets for new customers that start using their site or app. Claim your TwinSpires welcome offer now!

Barstool Sportsbook – They offer a great welcome promo. New users can get up to $1,000 in bonus bets when they sign up. Barstool Sportsbook offers an incredible sportsbook platform for users to both bet on and readily find information and updates about different sports events.

Betfred Sportsbook – They are the newest sportsbook to open its digital doors in Maryland, after recently launching in February. Bettors looking to use a new platform should take advantage of the Betfred Sportsbook welcome offer now and get up to $1,1111 in bonus bets.

Why Do Maryland Sportsbooks Have Promos?

In such a highly competitive industry, sportsbooks need to offer promos to attract new users and keep current customers engaged with their site or app. If a sportsbook doesn’t offer promos then it would be extremely difficult to gain any new customers as the public have a wide range of sportsbooks at their disposal, all hosting generous welcome offers. 

The good news for bettors is that there are new sportsbooks opening every month in Maryland. This means that there is a continuous flow of promos that sports bettors can take advantage of in the Old Line State.

Sports Betting Promos Coming to Maryland

The following sportsbooks already have a physical presence in Maryland and will soon be launching their online services and new promos in the state:

• betPARX
• BetFanatics
• WynnBet
• BallyBet

Types of Sports Betting Promos in Maryland

Welcome Bonus – This is what sportsbooks use to entice new users into joining their platform. Most sportsbooks offer risk-free bets when trying to onboard new customers.

Risk-Free Bet – This is the most popular type of welcome bonus that sportsbooks use. It means that no matter what the outcome is of a users first bet, they will get something in return. For example, BETMGM may give a risk-free bet of up to $1,000. If the customer wins their bet then they make money. If the customer loses their bet, they get their wager back in the form of a bonus or free bet.

Promo Code – This is a code that when used, allows new users to receive a number of things such as: risk-free bet, odds boost, entry to a competition and many more. Some sportsbooks use promo codes as part of their risk-free bets for welcome offers.

Bonus Bet – This is when a sportsbook encourages betting amongst either new or current customers. Many welcome offers are paid out in the form of bonus bets, meaning that the monetary value of these bonuses can’t be withdrawn but must be placed on bets. Only then will the cash balance of the user go up (if they win the wager that they placed with their bonus bet).

Free Bet – This is a type of promo bet that sportsbooks give out to both new users and existing customers. For example, PointsBet offers a $10 free bet for users that want to participate in betting on Sunday night football. This means that they get a free $10 wager. If the bet wins then their total balance increases with money that can be withdrawn. Some sportsbooks require users to then wager the winnings again before being withdrawn. If the free bet loses, then nothing else happens as no winnings are made.

Odds Boost – This is when more favorable odds are given on a bet. For example, the moneyline for the Ravens to win SuperBowl 58 could be 2.05 (if they can make it back to the promised land), but after an odds boost it could be 2.20.

Deposit Bonus – This is usually when the amount of your deposit is matched and therefore doubled. There are usually strict requirements as to how you can then turn this deposit bonus into withdrawable money, so be aware of the terms and conditions.

No-Deposit Bonus – This type of bonus is rarely found amongst sportsbooks. It’s usually for existing customers as an unspoken reward for using the platform. For example, Caesars might offer $10 in free bet credit to all customers who interact with a quiz or have been users for a certain number of years.

Parlay Insurance – This effectively means that should one of your five bets in a parlay lose (for example) then you’ll get your wager back in the form of a free bet. 

Referral Bonus – Almost all sportsbooks will give you between $50-$100 in free bets for each new user you can onboard onto the platform via your referral link. It’s great for when you have friends who are also into sports betting.

How to Claim a Sports Betting Promo in Maryland

It’s very easy to use the promos that sportsbooks offer. Follow these five steps to claim and use any sports betting promo in the state.

1. Choose A Sportsbook – From the list at the top of this page, select which promo you want to use by pressing the “Claim Bonus” button next to your chosen sportsbook. This will take you to the relevant sign up page.
2. Sign Up –  You will now need to register your details and sign up to use the sportsbooks services. If there is a promo code attached to your welcome bonus then you will input this now. Some sportsbooks however, don’t require a promo code and you will receive your bonus bet automatically, once you have met the criteria.
3. Deposit – Make sure you deposit the minimum amount required to your account.
4. Place A Bet – If your first bet wins then congratulations, you’ve earned money. However, if your first bet loses, then you shortly receive your bonus bet.
5. Wager The Bonus Bet –  Once you have received your bonus bet, you will need to use it. Usually they expire within 7-14 days of being granted. If you win courtesy of a bonus bet then your balance will go up and you will be able to withdraw this money to your bank account or you can use it to wager on more sporting events.

How to Claim all Sports Betting Promos in Maryland

If you’re 21 or older and inside Maryland state lines, you can receive a wide range of great promos from 8 different online sportsbooks. This gives you the chance to scoop up a potential $7,000 sum in bonus bets. To do this, scroll to the top to the previous section and follow the instructions that are laid out.

What Sports Can I Use Promos on?

Other Sports Promos – There are also several other sports that bettors can use sportsbook bet bonuses and promos on. Some of these include:

• Tennis
• Boxing
• MMA
• Golf
• Motorsports
• Darts
• Volleyball

Sports Betting Promo Requirements

All Maryland sportsbook promotions have terms and conditions that users have to abide by. Here’s what those terms mean:

• Minimum Deposit – Sportsbooks require bettors to deposit a certain amount of dollars in order to access bonus bets and promos. This ranges anywhere between $5-$10 for most Maryland sportsbooks.
• Minimum Odds – Users must wager their bets on events where odds are in a specific range. This is done to make sure that bettors don’t apply their bonuses to an event that has an extremely high probability of occuring.
• Wagering Requirements – In order for bonus bets, free bets and promo codes to be activated, there are usually wager requirements in place. For example, you may have to wager the amount of your deposit four times before the promotion is able to be withdrawn. 
• Cash Out Exclusion – Most bonus bets, free bets and promo codes don’t allow users to cash out during the game users wagered these types of promos on.

Sports Betting Promos for Existing Users in Maryland

Many Maryland sportsbooks run promos for existing users. Granted, there aren’t as many as the ones available for new users, but there are still enough to make it worthwhile to be a regular sportsbook customer.

The most common sportsbook promos for existing users are:

• Odd Boosts – Sportsbooks regularly give enhanced odds to all users on specific events
• Free Bets – These aren’t strictly just for new users. Many sportsbooks give out free bets as a loyalty reward to avid bettors.
• Bet Insurance – This means that if the user loses their bet, they’ll receive the wager back as a free bet.
• Parlay Insurance – Some sportsbooks give users their initial wager back as a free bet if their parlay loses by only one bet.
• Referrals – Sportsbooks give free bets out to users who are able to get family, friends and even strangers to sign up for the platform using their referral link.

Pros & Cons of Maryland Sports Betting Promos

Pros

1. Users can claim free bets.
2. New customers can enjoy risk-free first bets and feel more comfortable starting.
3. Bettors can sign up to several sportsbooks and still be eligible for all welcome offers.

Cons

1. Free bets sometimes expire quickly.
2. The amount of times users may need to wager their free bets before they can withdraw their winnings may be high.
3. Most promos require a deposit first before users can be deemed as eligible to receive free bets and bonuses.

Withdrawing Sports Betting Promo Winnings

Just like the sign up process to receive your promo, withdrawing any winnings you make from it is also very easy. Just follow these steps:

1. Make sure the balance on your account is fully withdrawable. You will only be able to withdraw winnings if you have met all wagering criteria for the promo.
2. Go on to the sportsbooks cashier section and click withdraw. 
3. Select which withdrawal method you will be using. This can be a number of different methods such as: Online banking, PayPal, Skrill, eChecks and more.
4. Most sportsbooks in Maryland will send your money within 72 hours. Although some may take longer than this.
5. Congratulations! You’ve received the winnings from your bet bonus success. If you want to do it all over again at a different sportsbook, then scroll up to see our list of the best sports betting promos in Maryland.

Conclusion

Overall, there are a number of different sportsbook promos that you can claim in Maryland. We have outlined all the relevant information about the types of promos and betting bonuses sportsbooks offer, along with how to use them, what you can use them to bet on and eventually how to cash out your winnings.

Promos are constantly changing and new sportsbooks open all the time. Keep an eye out on this page for all future Maryland sportsbook promo updates.

Maryland Sports Betting Promos FAQs

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