Maryland Sportsbook Promos and Bonuses: $8,575 in Best Offers for Nov. 2024

Maryland sportsbook promos summary

All Maryland sportsbook promo codes and bonuses

With mobile sports betting launching in November 2022, Maryland is still in the early innings of developing a deep roster of the best sportsbooks and sports betting apps. Seven operators went live with their products at launch, with Betfred joining in February 2023, Fanatics in June 2023, and Bally Bet in July 2024. Several more online sportsbooks could still launch in the near future, although some, like Betfred, have since closed. 

With up to 60 online sportsbook licenses available in Maryland, competition will be fierce in the coming years. The 11 operators currently active in the state will need to continue delivering top-notch welcome bonus promotions to stand out. 

Here are three of the best sportsbook promos for those looking to garner a potentially massive payday:

• ESPN BET: Up to $2,000 in bonuses
• BetMGM: Up to $1,500 in bonus bets
• Caesars: $1,000 first bet on Caesars

Only three sportsbooks — BetMGM, BetRivers, and Caesars — require promo codes to unlock Maryland betting promos for new users. Here is a list of Maryland sportsbook promo codes and bonuses:

1. DraftKings MD welcome offer 👑

Bet $5, Win $150 in Bonus Bets

Terms and conditions apply.

Claim $150

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+ and present in MD. Please play responsibly. For help visit mdgamblinghelp.org or call 1-800-GAMBLER.

For our money, DraftKings continues to offer the top Maryland sportsbook bonus for first-time bettors. Registering a new account with the sportsbook means you’re eligible for a bet $5, win $150 in bonus bets. No DraftKings promo code is necessary, either.

• After signing up with DraftKings, you must make a minimum deposit of $5.
• Choose any sports betting market and make a first wager of at least $5.
• You’ll receive $150 in bonus bets if your bet wins.
• The $150 will arrive in your account as six (6) bonus bets.
• Bonus bet cannot be cashed out or split into smaller pieces.
• The bonus bet has a lifespan of seven days and will expire if unused.

For more expert insights, check out our detailed DraftKings review.

DraftKings promo pros and cons

Why DraftKings’ bonus is better than others

DraftKings’ MD sportsbook bonus sets itself apart from the competition by requiring minimal commitment from new players. So long as you place a $5 qualifying bet on any sports market, you’ll get $150 in bonus bets if you win. It's a really small risk for a valuable potential reward.

2. Caesars MD welcome offer 🏛

$1,000 First Bet on Caesars

New users only. Register using eligible promo code. First bet to settle must lose to qualify. Max. Bonus Bet: $1K. Expires in 14 days. Void where prohibited. Full terms.

Claim $1,000

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+ and present in MD. Please play responsibly. For help visit mdgamblinghelp.org or call 1-800-GAMBLER.

Caesars Sportsbook Maryland offers new players a chance earn up to $1,000 first bet on Caesars promo. You’ll need to enter the Caesars Sportsbook promo code — SBRBONUS1000 — during registration to claim the offer.

• After creating a new account, you must make a minimum first deposit of $10.
• Place a qualifying wager within 30 days of registration on any sports market.
• If your bet loses, you'll get your money back, up to $1,000, as a single bonus bet.
• You must use your tokens within 14 days of receipt, or they will expire.

If you’re craving even more information, dig into our Caesars review.

Caesars Sportsbook promo pros and cons

Why Caesars’ bonus is better than others

This Caesars bonus has a couple of key advantages. Although its first-bet offer is lower than BetMGM's, it's competitive with most other sportsbooks. Plus, Caesars has one of the best loyalty rewards programs in the business, making it a tough offer to beat if you plan to visit the Caesars-owned Horseshoe Casino Baltimore.

3. FanDuel MD welcome offer 🔵

Win $150 + NBA League Pass 🏀

New customers only. Deposit min. $5. Place first bet of $5+ and win $150 in Bonus Bets (within 72 hours).

Claim $150

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+ and present in MD. Please play responsibly. For help visit mdgamblinghelp.org or call 1-800-GAMBLER.

FanDuel likes to rotate welcome bonus offers in and out. So, keeping tabs on its active Maryland sports betting promos is wise. Currently, new players can redeem a bet $5, win $150 in bonus bets welcome offer.

• You don’t need a FanDuel promo code to claim the sign-up offer, but you do need to download the sportsbook’s mobile app.
• A minimum deposit of $5 is required following registration.
• Make a $5 bet on any available market, with any odds.
• If your bet wins, FanDuel will credit your account with $150 in bonus bets.
• The bonus bets will expire seven days after receiving them if unused.

Read our thorough FanDuel review to discover more about the popular sportsbook.

FanDuel promo pros and cons

Why FanDuel’s bonus is better than others

FanDuel Sportsbook offers $150 in bonus bets for a minor risk of $5. While this offer is similar to what other MD sportsbooks offer, FanDuel's flexibility gives it an edge. You can split up your bonus bets however you want. In other words, you're not obligated to use all $150 at once or limited to using them in $25 chunks.

4. BetMGM MD welcome offer 🦁

Up To $1,500 Back In Bonus Bets

Bonus bets will expire in 7 days. One new customer offer only. Additional terms and conditions apply.

Claim $1,500

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+ and present in MD. Please play responsibly. For help visit mdgamblinghelp.org or call 1-800-GAMBLER.

The self-proclaimed “King of Parlays” entices new Maryland bettors with an up to $1,500 First Bet Offer. This bonus protects your first wager on BetMGM against an unlucky loss, refunding your stake via bonus bets if it loses. Use the BetMGM bonus code SBRBONUS when getting started.

• Once you’ve registered a new BetMGM Maryland account, a minimum deposit and initial bet of at least $10 is required.
• Use our exclusive BetMGM promo code SBRBONUS when registering.
• Make any bet, on any market that BetMGM offers.
• If your bet loses, BetMGM will refund your stake, up to $1,500, as bonus bets.
• The bonus bets arrive as five (5) 20% slices if your bet was more than $50. Otherwise, it will be a single bonus bet.
• The bonus bets cannot be withdrawn as cash and must be used within seven days.

Eager to uncover more details about BetMGM MD? Comb through our BetMGM review.

BetMGM promo pros and cons

Why BetMGM’s bonus is better than others

When it comes to the highest potential dollar value, BetMGM's welcome offer can't be beat. It's a massive $1,500, which tops competing sportsbooks in terms of sheer numbers. Even though you would have to lose a $1,500 bet to get the maximum bonus, this offer scales down nicely to any bankroll. So you can still take advantage if you normally only bet $20 or $50 too. 

5. Fanatics MD welcome offer 🧢

Get up to $1,000 in No Sweat Bets

Terms and conditions apply.

Bet Now

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission. 21+ and present in MD. Please play responsibly. For help visit mdgamblinghelp.org or call 1-800-GAMBLER.

Fanatics is a titan in the merchandise distribution industry and is now making strides in sports betting with a welcome offer that allows new users to garner up to $1,000 in No Sweat Bet bonuses. You won't need to enter a Fanatics Sportsbook promo code at sign-up.

• Start by downloading the Fanatics Sportsbook app and creating your new account.
• Submit a minimum $1 opening wager on a market with -500 odds or longer.
• If your bet loses, you'll be awarded a bonus bet refund equal to your stake, up to $100.
• Receive one No Sweat Bet chance per day in the ten days following account registration.
• After the first day, you must opt-in daily for more No Sweat Bet chances.
• Failure to opt in forfeits your chance to win a bonus for that day only.
• Bonuses aren't withdrawable and expire after seven days.

Head to our Fanatics review to learn more about the sportsbook's wagering options and promotions.

Fanatics promo pros and cons

Why Fanatics' bonus is better than the others

Even though this Fanatics bonus requires your first daily wagers to lose in order to pay out, it still has plenty of value. Not only does it offer ten straight days of first-bet insurance, but it scales to any bankroll. You can wager as little as $1 or the maximum of $100 (or more) and collect bonus bets if your picks don't work out. 

6. BetRivers MD welcome offer ⚡

BetRivers owns one of the more straightforward Maryland sportsbook promos. First-time customers can earn up to a $500 second chance bet, without needing a BetRivers bonus code of any kind. 

• Begin by making a deposit of at least $10.
• Place your first wager of any amount on any sports market you prefer.
• Should your qualifying wager lose, you'll get a refund, up to $500, as a bonus bet.
• You must play through the bonus once at odds of -200 or greater.
• If you fail to use the reward within 30 days, it will expire.

Looking for additional analysis on BetRivers' sports betting platform? Scour our complete BetRivers review.

BetRivers promo pros and cons

Why BetRivers' bonus is better than others

While its maximum bonus total is lower than BetMGM's, the uncomplicated nature of BetRivers' $250 Second Chance Bet makes it a great option for first-time bettors dipping their toes into the sports betting space. 

More sportsbook promo codes

We've covered our top six MD sportsbook promos in-depth, but there's one other that's worth taking a look at.

The ESPN BET promo code is an excellent option, with up to $2,000 in bonuses available to new users ($1,500 First Bet Reset + 200% first deposit match up to $500).

For more information on these sportsbooks and other promotions, visit our Maryland sports betting apps page.

How we rate and review sports betting promotions

Our team of industry experts spends a lot of time independently critiquing Maryland’s best online sportsbooks. We focus on numerous elements across each sports betting site in our thorough reviews to generate custom ratings.

When it comes to evaluating the top Maryland sports betting promos and bonuses, we use a similar approach. Here are just a few of the questions we consider before rating the quality of any particular welcome bonus:

• What is the sign-up bonus’ maximum value?
• Is the bonus guaranteed, or does it require a specific circumstance to activate?
• What is the minimum deposit necessary to acquire the bonus?
• Is a promo code needed?
• What is the welcome bonus type? Is it a deposit match, second-chance bet, no deposit offer, or something else?
• What are the playthrough requirements and other notable terms and conditions attached to the bonus?
• How quickly does the bonus expire?

Maryland online sportsbooks

In late November 2022, online sports betting got the green light and saw seven sportsbooks enter the Maryland market.  A few months later Betfred joined the festivities. In April 2023, SuperBook launched its platform (although it would close a year later), followed soon after by Fanatics in June 2023 and betPARX in August 2023.

However, Betfred would later leave the MD market as it struggled to gain enough market share to make it worthwhile. Meanwhile, LetsBetMD and Bally Bet both launched in July 2024.

Eventually, the state could have up to 60 online sportsbooks and sports betting apps available. 

Maryland online and mobile sportsbooks

Types of Maryland sign-up offers and bonuses

Most of Maryland’s 11 active sportsbooks offer sign-up bonuses in the form of first bet insurance. Whether you love, hate, or are indifferent towards this type of offer, it’s long been a favorite among operators, so expect it to continue to be one of Maryland’s most common welcome promos.

Deposit match

Deposit match bonuses are not contingent on your first bet winning or losing. Instead, the sportsbook will match all or part of your first-time deposit to help you build your bankroll immediately. For example, a 100% deposit match bonus of up to $1,000 means you could put down $500 in real cash to receive an additional $500 in bonus funds for a total of $1,000 in your account.

Bet and get

Bet and get bonuses are great for new players because they do not need to lose their first wager to trigger the promotion. By making an initial deposit and wager — generally around $10 — the sportsbook will typically add bonus funds to your account, regardless of whether your bet wins or loses.

Occasionally, there will be an extra stipulation, such as requiring your first bet to hit. This was the case with a recent FanDuel offer, for example, which needed you to bet $5 on any market and win in order to unlock $150 in bonus bets. Most current bet-and-get offers do not require your bet to win or lose, though.

First bet insurance

First bet insurance offers are often the most lucrative Maryland sportsbook promos, with the best capping out at $1,000 or more. For this type of bonus to activate, your first wager must lose. Then, the sportsbook will refund however much you lost, up to a specified amount.

For example, let's say a sportsbook welcome offer is up to $1,500 in first-bet insurance, meaning you can risk up to that amount with your first bet and receive a non-withdrawable bet credit refund if it loses. The bet credit is sometimes split into smaller pieces, but some require you to use your entire bonus bet amount all at once. 

Referral bonus

The bonuses don't necessarily stop after you've earned that welcome promo. Most sportsbooks also offer a referral bonus if you can recruit friends to sign up too. You'll get a unique code or download link to share. If the sportsbooks earns a new customer via your referral, they will credit your account with a small gift — usually a bonus bet or some cashback rewards. To discover which platform offers the best sportsbook referral bonus, read our complete guide.

Maryland betting resources

Since online MD sportsbooks only went live in November 2022, you may be new to legal sports betting. If so, this guide on the best Maryland sports betting promos may feel a tad overwhelming. Be sure to check out our other sports betting resource pages, including how to bet on sports, read betting odds, and effectively manage your bankroll.

Sports betting by category

It doesn't matter what sport or league is your favorite; there's a great sportsbook bonus waiting for you at any number of legal and licensed sportsbooks in your state. Here's a list of the best sportsbooks by category, to make your decisions even easier:

Responsible sports betting with Maryland promos

The Maryland Lottery and Gaming Control Agency is the governing body in charge of overseeing sports betting activities in the state. Though it shares some responsibilities with the Sports Wagering Application Review Commission (SWARC), the MLGCA is the regulator that conducts routine audits of online sportsbooks, verifies that safe gaming initiatives are being met, enforces Maryland sports betting laws, and issues fines when operators fall out of line. The MLGCA is also at the forefront of responsible betting initiatives to prevent and treat problem gambling.

In conjunction with the state’s Department of Behavioral Health, the MLGCA works with the Maryland Center of Excellence on Problem Gambling. Both the MLGCA and DOBH can help you find a counselor to assist you and your family through tough times, and you can call 1-800-GAMBLER for 24/7 support. Additionally, the center offers several great resources for individuals working through problem gambling:

• Learn the signs
• Getting help

Maryland sportsbooks also work on responsible betting practices by allowing players to set budgets and session time limits once they log into their accounts. Doing so can help those at risk closely monitor how much time and money is spent on sports betting.

Sportsbook promos and bonuses in other regions

U.S. states with legal sportsbook promos and bonuses

Bonuses can vary from state to state. To learn more about your state, check out the links below for promotional information or see our legal sports betting state tracker.

Sportsbook promos and bonuses in international regions

• Canada sportsbook promos (excluding Ontario)

• U.K. sportsbook promos