Maryland online sports betting > MD sports betting promos

MD sports betting promo codes

On the hunt for MD sports betting promos? We’ve got you covered with a look at all the best Maryland sports betting bonuses in some of today’s hottest sportsbooks. Follow along for a look at the bonuses and promo codes for free bets and risk-free bets you can score at MD sportsbooks and how you can put them to good use while betting on your favorite Maryland teams.

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Sports betting bonus Guide in MD

bonuses

Deposits are rewarded with bonuses, and there are bonuses awarded even with no deposits required. You can even get bonuses just for signing up for online sportsbooks. Let’s take a look at some of the many bonuses available for you to take advantage of on Maryland online sports betting sites right now.

Compare MD online betting bonuses

We have taken it upon ourselves to compare the available MD online betting bonuses in the state, you can find in our top list our picks. There you can easily compare the different bonuses and other perks of our top online betting bonus list in Maryland.

Getting started with sports betting promos in MD

Now that online sports betting is legal in Maryland, top sportsbooks are looking to grab one of many available betting licenses to get set up in the Old Line State. As betting sites get ready, so should you, which is why we´ve provided this comprehensive guide to Maryland sports betting promos.

If you´re trying to figure out which sportsbooks will make a name for themselves in Maryland, we´ve come up with top contenders below. We then dissect the most popular sports betting promos that are predicted to become available in MD soon. You´ll be ready to identify and use these promos in no time.

Finally, don´t forget to check out our comprehensive list of pro-team-specific betting promos, as well as which major sports events offer the juiciest Maryland sports betting promos. If you´re left with questions or want a recap on this guide´s most important points, don´t forget to browse our FAQs at the end.

Best MD sportsbook promo codes 2022

CompanyBonusConsVisit
DraftKings Sportsbook Bet $5, get $200 in free bets
  • JOKERZINO
  • Multiple in-game bonuses
  • Great VIP program
Bet now DraftKings MD promo code
Fanduel Sportsbook Bet $5, get $200 in free bets Bet now FanDuel MD promo code
BetRivers Sportsbook Get up to $500 in free bets
  • JOKERZINO
  • Great bonus terms
  • Excellent loyalty program
Bet now BetRivers MD promo code
BetMGM Sportsbook Up to $1,000 First Bet Insurance
  • JOKERZINO
  • Free live streams
  • Multiple in-game promos
Bet now BetMGM MD bonus code
Pointsbet Sportsbook 2 Free Bets Up to $2,000
  • JOKERZINO
  • New special offer each day
  • Live same game parlays
Bet now Pointsbet MD promo
Caesars Sportsbook Up to $1,500 Free Bet bonus
  • JOKERZBETPICS
  • Get a $100 Free Bet win or lose
  • Or, get up to $1,500 in Free Bets
Bet now Caesars MD promo code

Maryland sports betting promo codes

moneybetting

When offering the best Maryland sports betting promo codes, you as a bettor need to consider the different types of bonuses and promos available. In this guide, we will present to you what kind of bonuses you can get and other special promo codes that might entice bettors in MD.

BetMGM Maryland bonus code🎁 Click to sign up
DraftKings Maryland promo code🎁 Click to sign up
FanDuel Maryland promo code🎁 Click to sign up
Caesars Sportsbook Maryland promo code🎁 Click to sign up
WynnBET Maryland promo code🎁 Click to sign up
Unibet Maryland promo code🎁 Click to sign up
BetRivers Maryland promo code🎁 Click to sign up
PointsBet Maryland promo code🎁 Click to sign up

Top MD sportsbook promo code offers

Now that Maryland has launched mobile sports betting, bettors may have to wait for a while for a finalized list of MD sportsbook promo codes, we predict that the following four betting sites will make their way into Maryland soon.

These sites are licensed in 15+ neighboring states with millions of bettors across the U.S. Check out some of their most popular aspects and promos that may make their way to Maryland soon and decide on which one seems best for you.

BetMGM promos

BetMGM Maryland is one of the most rapidly expanding betting sites across the country. For example, it has offered one-game parlay insurance for college football and bet-$7-get-$7 for football bets and casino rewards.

Bettors may also opt into its Money Monday Club to receive a weekly $10 free bet when betting $50 or more on any sport the week prior. It also has live streaming, an early cash-out feature, and an edit-my-bet feature on its app.

Caesars promotions

As ESPN´s exclusive line provider, Caesars sportsbook is making waves and will surely make its way into Maryland by storm. It has offered Super Bowl giveaways in neighboring states, a $10 promo for every touchdown your team scores, and a Bet the Board promo. The latter Maryland sportsbook promo gives you $1,000 worth of free bets if you wager $100 on eight or more Sunday NFL games.

Unibet promo codes

Unibet hosts over 8 million bettors and is sure to tag on a few thousand more throughout Maryland. They offer daily free-to-play pools with an ongoing leaderboard offering tons of cash prizes. Additionally, they´ve expanded to offer a marketplace of sports icon NFTs as well as tons of weekly competitions with rewards to keep bettors engaged.

BetRivers betting promo

BetRivers recently offered a nice and simple deposit-$20-get-$20 sign-up promo for new users. They´ve also offered a risk-free first bet of up to $1,000 for creating a new account in other states. In addition, the platform includes a rewards program, fantasy sports betting, and internal competitions with different prizes for participation and winning.

Types of MD betting bonus codes

banking-mobile

Bonuses and special offers can include the old classic bonus code. Sports betting bonus codes in Maryland offer bettors an extra boost with a simple code that you can use. With a bonus code, sports betting in Maryland will make your account “bigger” for your needs.

No deposit

You may think you have to spend money to make money on online sportsbooks, but that’s not always the case with Maryland sports betting bonuses. Online sportsbooks in MD, or in any state, occasionally offer no deposit bonuses, especially when a new betting site is launching and wants to attract and retain bettors.

No deposit bonuses come in different forms, most typically in money-back guarantee bets. This often means that you make a wager, but if you lose the wager, the online sportsbook will refund it in full. No-deposit bets are often marketed as bonuses for first-time players.

No deposit bonuses are a form of bonus popularly known as free bets (more on this below). This typically comes in the form of free betting bonuses, such as William Hill’s $100 bonus in free betting credits when you sign up for the site. Such forms of no-deposit bonuses mean you can make wagers without your own money.

Winners still win, but losing bets have no impact on your wallet. Such no-deposit incentives are designed to showcase the overall online sportsbook platform and advertise its offerings in an attempt to differentiate them from the sportsbook crowd.

If you decide to do most of your betting on one Maryland online sportsbook, there may be more no-deposit bonuses in MD coming your way to get you to stay put.

Examples of no-deposit bonuses:

  • FOX Bet’s $20 free bet without deposit.
  • Caesars Sportsbook Maryland $10 no-deposit bonus free bet.
  • 888sport’s $10 no-deposit welcome bonus.

Free bets

mobile-bets

Also known as risk-free bonuses MD, free bets are one of the most popular Maryland sports betting bonuses — for both betting sites and among bettors. Free bets in Maryland can come in the form of no deposit or deposit bonuses. A risk-free bet bonus usually means you can make a free wager without depositing any money. There are also risk-free bets where you have to deposit your own money.

For example, you can make a $20 wager, and your winnings are added to a balance. If you lose, you get the equivalent of your wager in the form of a “free bet,” in this case $20. Then, you can try again.

Another example can be found for new players on FanDuel Maryland, which offers a risk-free bet of up to $1,000. This also requires a deposit, but then if your first bet is a loss, you can get up to $1,000 back. Other sites offer similar free bet bonuses of various amounts, such as $100 or $500.

Free bets aren’t restricted when you’re playing the odds. For example, you chose the Broncos at -6.5 points at home at -110, make a deposit, and a $500 wager. If they win, for example, 27-10, you take home $454.50, and it takes into amount your original wager, so you actually get $954.50. If you lose that bet, you’ll get $500 in free site credits.

Examples of free bets:

Deposit bonus

money-transfers

Deposit bonuses in MD make it easy for you to maximize your winnings. Many Maryland online sports betting sites offer this incentive. These are often used for small deposits, especially for new bettors, but many online sportsbooks offer great Maryland sports betting bonuses for large deposits as well.

How do they work? First, you usually need to deposit some of your money into your account before taking advantage of these bonuses. Then, if a betting site offers a 100% cash bonus, for example, you’ll double whatever you make as your first deposit. Some sites also offer 20% or 50% matching.

If it’s a 50% deposit matching bonus and your first deposit is $200, you’ll end up with $300 to use. Typically, sites will offer 100% for new bettors as a push to make your first deposit. Some even go higher, as much as 200%-400%.

The catch is that the higher the match goes, the site may limit your deposit to very small amounts. Some sites may use deposit match-bonuses as cash bonuses; you keep all of your stakes if your wager wins. Other sites offer this bonus as a free play bonus; you just keep your profit.

Examples of deposit matches:

  • DraftKings welcome bonus of a 20% deposit match up to $1,000.
  • Xbet’s 100% deposit bonus of up to $300.
  • Intertops’ 100% deposit bonus of up to $100.

Best Maryland sportsbook promo codes

  1. 🎁 BetMGM Sportsbook bonus code: TBA
  2. 🎁 Betfred Sportsbook bonus code: TBA
  3. 🎁 Caesars Sportsbook bonus code: TBA
  4. 🎁 BetRivers Sportsbook bonus code: TBA
  5. 🎁 Unibet Sportsbook bonus code: TBA
  6. 🎁 BetFanatics Sportsbook bonus code: TBA

Boosted odds

betting-mobile-odds

Average-Joe sports fans can benefit from typical Maryland sports betting bonuses like free bets and deposit bonuses. Another type of bonus is odds boosts offered by Maryland sportsbooks.

These are typically tied to big sports events, such as a soccer tournament, a heavily touted matchup between teams with big fan bases, or events featuring massively followed players, like golf’s U.S. Open or tennis’ French Open. Boosted odds are highly variable and subject to the whims of betting operators.

For example, they may put 100/1 odds on Germany beating the United States in the World Cup or 300/1 odds of an unranked tennis player defeating Serena Williams in the Wimbledon finals. How can you take advantage of a odds boost? For one, they require a deposit and generally are restricted to small wagers.

But if you include such a boosted odds bonus and win, you are often paid in free bet credits. Some of these boosted odds bonuses are available during the course of a big tournament, too. In this case, they are typically used to reward you for continuing to bet on a big event.

Say you make a bet on a quarterfinal match during the NBA playoffs. If you subsequently bet on another quarterfinal match-up, sites may adjust the boost to increase your winnings even more.

Examples of boosted odds:

  • DraftKings offers free plays and deposit matches on boosted odds related to college basketball.
  • Golden Nugget regularly offers boosted odds bonuses on college basketball.
  • FOXBet offers boosted bets every day of the week chosen by sports analysts for the biggest games.

Maryland sign-up betting bonuses

betting-sports

“Welcome to online sports betting!” Here’s a bonus! You’ll likely get a greeting like this when registering with various online sportsbooks. As the Maryland online sports betting world grows, this is becoming an increasingly common offer to get you to stick with a certain company — and keep on betting. These are some of the easiest bonuses to receive and take advantage of.

They often come in the form of bonus codes sent when you’re signing up for an online sportsbook and can be incredibly lucrative, encouraging you to make a first bet or deposit. Sometimes, Maryland sign-up bonuses are called initial deposit bonuses.

In this case, betting sites will offer you a certain amount of free bets that are tied to your initial deposit. Other sites reward you for making your first deposit that’s particularly large, say $1,000 or $2,000.

Sign-up bonuses often include VIP program

Sign-up bonuses often include things such as a loyalty or VIP program. This typically means you can accumulate points every time you make a wager (or multiple points for larger wagers). All you have to do is sit back and watch as your points accumulate.

Over time, points can be exchanged for a variety of special offers. These include free bets and qualifying to unlock boosted odds or other types of bonuses tied to a wager.

Points can also mean you get preferred status at certain properties — like hotels or restaurants — owned by the company you are registered to bet with.

Examples of sign-up bonuses

  • FanDuel’s welcome offer of free bets up to $1,000.
  • Golden Nugget’s sign-up offer of a bonus up to $250 in free bets.
  • Barstool’s new-bettor offer of a risk-free bet up to $1,000.

Special types of MD sports betting promos

Apart from welcome offers, you can expect to find many more Maryland sports betting promos in the coming months. Refer-a-friend and VIP/Loyalty Club promos are the most common since betting sites use them to attract more bettors.

Next, we have reduced juice and boosted odds, increasing your chance of winning while putting less money on the line. Finally, we´ll mention the other ongoing promotions that you may run into from time to time.

Refer-a-friend promos

If you´re a fan of your betting site, be sure to find your referral link to send to your friends and family. If you get them to sign up and bet on the same site through your referral, you can win cash, free bets, or other rewards through a refer-a-friend promo. Almost all major sites offer this promo throughout the year.

BetMGM and FanDuel have offered $50 cash to the referee and their referral. So refer 5 friends and you can pocket up to $250 with this sweet deal. Caesars offers a $100 free bet if your friend registers and deposits $50, while DraftKings offers both parties a free $100 bet.

VIP/Loyalty Club promos

Another popular promo among reputable Maryland betting sites is a VIP or Loyalty Club program. These rewards programs give bettors points for using the betting site. More points place you on a higher tier level, offering you more elusive rewards.

BetMGM M life Rewards include personalized offers, dedicated windows at BetMGM sportsbooks, discounted and comped rooms, to name a few.

Caesars Rewards points can be redeemed at the year-end event for premium electronics, jewelry, housewares, apparel, appliances, and betting promos.

Reduced juice promos

Juice refers to the cut that a betting site makes on your wager. Think of it as a commission on each bet you place. Reduced juice lowers the commission, making a bet more lucrative for the bettor. Reduced juice promos may also be called low vig promos.

To know whether you´re receiving reduced juice or not, you have to know how to read and analyze the odds. Take a look at this example for a point spread bet:

  • Baltimore Ravens -110
  • New York Jets -110

-110 odds are generally standard for football point spreads. You would need to stake $110 for the chance of winning a $100 payout.

Now let´s see that same example with reduced juice:

  • Baltimore Ravens -105
  • New York Jets -105

Now you´ll only need to bet $105 for the chance at a $100 payout. While a $5 difference may not seem like much, that is per $100; if you´re betting weekly, the total amount saved really adds up.

Boosted Odds Promos

Boosted odds apply to select bets that are predetermined by your betting site. They may include daily boosts, boosts of the week, super boosts, or season-long boosts on your sportsbook.

Boosted odds give the bettor less risk for the same reward, enhancing their bet. Typical boosts increase your profit anywhere from 10-40%.

Ongoing promotions in MD

Here are some other ongoing Maryland sports betting promos you may find down the line.

  • Profit boosts: Unlike odds boosts, these enhance the payouts of winning bets by a percentage. An example would be Caesars´ 33% NFL Parlay Boost promo.
  • Parlay insurance: This gives you all or a portion of your stake back if you win only some legs on your parlay. Bettors get a ¨pass¨ on losing one or more legs, lowering their chances of losing their wager.
  • Halftime payouts: Typically offered on football games, halftime payouts allow for you to cash out your bet at halftime if you´ve wagered correctly.

Top teams for MD betting promos

Football, baseball, basketball, and hockey dominate Maryland sports betting promos. Find all of your favorite MD teams below and some of the top offers we expect to come our way from newly licensed betting sites.

Baltimore Ravens sportsbook cash bonuses

Ravens fans can flock to BetMGM and Caesars for the best Ravens sportsbook cash bonuses. BetMGM is offering a risk-free touchdown bet of up to $25 for the next Ravens game. They have also offered NFL one-game parlay insurance, 40% or more winnings with a Parlay Plus promo, and a one-game parlay special for the special Ravens sportsbook cash bonuses.

Caesars has included a 33% NFL Parlay Boost on certain Sunday games for their bettors. If you´re betting at least $50 on a totals bet for the next Ravens game, you could also win $1 for every point scored during the game. These promo codes are straightforward and are, to date, the best Baltimore Ravens sportsbook cash bonuses.

Baltimore Orioles sports betting promo codes

We are looking forward to FanDuel repeating some of its previous MLB promos, such as a risk-free same-game parlay for Baltimore Orioles games. This means you get a portion of your stake refunded if you lose a 3+ leg same-game parlay on the Orioles. Just remember to use your Baltimore Orioles sports betting promo codes!

They have also offered their Single-Entry Series in neighboring states, where bettors compete to receive a seat in the $40,000 final.

Find Orioles betting best promo codes

inding the top Orioles betting best promo codes is pretty easy, at the top Maryland retail sportsbooks, whether you enjoy betting on sports or are just a team fan. This page includes promo codes and bonuses for tonight’s game, World Series, and more.

Washington Wizards promos

Maryland basketball fans can find 50% profit boosts on certain weekdays for college basketball through Caesars sportsbook.

You can also find enhanced odds, parlay insurance, and special NBA offers across betting sites.

Maryland Black Bears promos

Common hockey promos in Maryland for Black Bear fans may include profit boosts, NHL overtime insurance, free live bets, and reduced juice.

Top sports events for MD betting promos

Promocode

The sports events that bring in millions of viewers are a great place to find attractive MD sports betting promos.

If your top sport is football, you´ll know that the Super Bowl brings in special offers. But don´t forget about the NCAA playoffs and the NFL draft as well. Always double-check that college betting is allowed in your state and on your sportsbook before betting.

Baseball fans should look out for World Series, College World Series, and MLB All-Star Game promos. Basketball fans should move towards the NBA All-Star Game, the NBA Finals, the Big 3, and – of course – March Madness.

The Stanley Cup and the NHL Winter Classic are the two most significant hockey events for Maryland sports betting promos. Bettors can continue finding promos for events in non-major markets, such as the World Cup, US Open, Daytona 500, Kentucky Derby, and more.

Maryland betting bonus summary

reviews-sports

As Maryland online sports betting sites joins the world, it’s a great time to for sports fans to take advantage of not just all the new avenues for betting but the bonuses that come with them.

Sign-up bonuses welcome you aboard — and reward you in the process — but if you stick around, other bonuses, like free bets, deposit matching and others make betting on sports online in Maryland not just fun — but lucrative as well. Make sure to use a Baltimore Ravens sportsbook cash bonus when you can!

Rollover requirements

Some Maryland sports betting sites have rollover requirements, which is a minimum wager you need to make before you cash out any winnings, including those tied to bonuses. These are often signified with multiples, such as 5X and 10X.

What that means is that if you start out with $500 in a sportsbooks’ first deposit, sometimes the rollover requirement means that if it has a rollover rate of 5X, you can’t withdraw the money if you’ve wagered five times that amount, or $3,750.

These can be stringent requirements, but keep in mind that many bonuses do not have these rollover requirements, especially for first-time wager-makers.

FAQs Maryland sportsbook promo codes

questions
Who can get Maryland sports betting bonuses?

Anyone who registers with a reputable online sportsbook in Maryland qualifies to receive a slew of bonuses. But first, to play you must be 21 years old or over and a resident of the state where you are playing.
Signing-up bonuses are often tied to bonus codes, and you must use such codes sent during registration to redeem these bonuses. Sports betting bonuses online often come with terms and conditions, so be sure to read through all the rules tied to bonuses before deciding if making a wager tied to them is best for you.

What about bonuses for players who aren’t new to sportsbook bonuses in Maryland?

Don’t worry. While many Maryland sports betting bonuses are geared toward first-timers, there are plenty of bonuses that long-time bettors can benefit from. One example is a reload bonus that amplifies deposits made after your initial deposit on a site.
These deposits are often boosted by online betting sites, matching a certain percentage of them in free plays (for example, matching about 25% or 30%). Through this bonus, online sportsbooks are showing their appreciation for you staying with them.

Do you have a set amount of time to use a bonus in Maryland?

Often, yes. For sign-up bonuses, you must use a bonus code sent to you while registering to bank the bonus. Some online sportsbooks also require a deadline for using a free play bonus, typically about 30 days (which starts as soon as you unlock the bonus). Check each online sportsbook’s terms and conditions if you have any questions.

When can I get the most betting bonuses in MD?

Apart from when you first sign up with a site, many online sports betting sites in America capitalize on the most popular sports events by offering bonuses during such matches as the Super Bowl or tournaments like March Madness.
Otherwise, high-profile UFC matches are often promoted with various bonuses, typically boosted odds bonuses. The NBA playoffs also come with high number of bonuses. Europe-based soccer (er, football) tourneys are also promoted with various bonuses, typically cashback and boosted odds.

Is it legal to use sports betting promos in Maryland?

Yes, as of mid-2021 online sports betting and sports betting promos are legal in Maryland. As betting sites bid on licenses within the state, we expect to see more promos and offers appear across major sportsbooks.

Which sites offer the best Maryland sportsbook promos?

We predict that BetMGM, DraftKings, Caesars, and FanDuel will be among some of the first betting sites to be fully set up in Maryland. With their vast array of sports betting promos across the U.S., it´s only a matter of time until they finalize their licenses and begin offering their promos in MD.

What are some ongoing sports betting promos in Maryland?

General promos that are sure to appear in MD include referral programs, VIP/Loyalty Clubs, boosted odds, and reduced juice promos. Profit boosts, parlay insurance, and halftime payouts are additional special ongoing promos you may find.

What are the top MD teams for sports betting promos?

Maryland bettors should take advantage of promos offered for the Baltimore Ravens, Baltimore Orioles, Washington Wizards, and Maryland Black Bears. Promos may be found around each of these pro teams on the sportsbooks we mention above.

How do I make money off of Maryland sports betting promos?

All Maryland sports betting promos are made to help save or make you more money. Use promos for markets you´re familiar with.
Referral programs are a great way to get cash or free bets easily. Reduced juice and boosted odds can also make a big financial difference if used consistently over time.

Free bets in Maryland

Online sportsbooks occasionally offer free bets in Maryland to all new users. You have probably come across some offers when considering various online sports betting sites to sign up for. In this guide, we’ll discuss free bets, how they work, types of free bets, how you can take advantage of them, the pros and cons, and the best sportsbooks for free bets.

Free Bet bonuses in MD

Sports betting competition has grown as more and more sportsbook sites and apps enter the market. This is why sportsbooks must offer promotions and free bet offers in order to attract new customers.

You should always stick with regulated, legal sportsbook sites and read the rules and regulations before you accept the offer. Choosing the right site can help you take advantage of your bets. Risk-free bets and matched bet bonuses are good things to look for when signing up for a new sports betting site.

Best sportsbooks with Free Bets in Maryland 2022

CompanyBonusConsVisit
DraftKings Sportsbook Bet $5, get $200 in free bets
  • JOKERZINO
  • Multiple in-game bonuses
  • Great VIP program
Bet now DraftKings MD promo code
Fanduel Sportsbook Bet $5, get $200 in free bets Bet now FanDuel MD promo code
BetRivers Sportsbook Get up to $500 in free bets
  • JOKERZINO
  • Great bonus terms
  • Excellent loyalty program
Bet now BetRivers MD promo code
BetMGM Sportsbook Up to $1,000 First Bet Insurance
  • JOKERZINO
  • Free live streams
  • Multiple in-game promos
Bet now BetMGM MD bonus code
Pointsbet Sportsbook 2 Free Bets Up to $2,000
  • JOKERZINO
  • New special offer each day
  • Live same game parlays
Bet now Pointsbet MD promo
Caesars Sportsbook Up to $1,500 Free Bet bonus
  • JOKERZBETPICS
  • Get a $100 Free Bet win or lose
  • Or, get up to $1,500 in Free Bets
Bet now Caesars MD promo code

Top Maryland Free Bet sportsbooks

bonuses
  • BetMGM

BetMGM offers a 100% deposit match for new users in their welcome offer.

  • PointsBet

PointsBet Maryland offers two risk-free bets, meaning they will refund you up to $2000 if you lose your first two bets.

  • DraftKings

DraftKings Maryland is an online sportsbook that offers a $50 bet for free for making a deposit. They also offer a basketball special bet where you can bet one dollar and win a hundred dollars.

They also offer a free no-deposit bonus worth $25 for new users. This lets you try out their site or app before you put any money into it.

  • FanDuel

FanDuel Maryland offers another kind of free bet. They will refund you up to $1000 if you lose your first bet. They also offer insurance bets, which give you your money back if your team loses in a particular way.

The operator is frequently offers risk-free bets up to $500. If you place a bet and lose, you don’t lose any money. If you win, they do not include your stake in your winnings, so you break even either way.

  • Barstool Sportsbook

Barstool Sportsbook Maryland offers risk-free bets up to $500 for new users. You must use this promotion in the first 24 hours of making your account. They also offer a new player bonus that gives new users a free bet if their first bet loses, along with a $10 bonus just for signing up.

Other sportsbooks with Free bets promos:

What are free bets in MD?

bonuses-sports

Free bet offers are promotions that reward you for signing up with an online sportsbook. For example, you can get Maryland betting bonuses for making a deposit to an online sportsbook or placing your first bet.

There are a lot of ways you can get rewarded for using online sportsbooks. However, if you want to take advantage of these free bets, you need to understand how they work.

How do free bets work in MD?

Free bet bonuses are advantageous for customers in that they offer the potential to earn money without the risk of losing money. They are also advantageous for sportsbooks. Free bet offers to attract new customers, which helps them stay in business.

Free bet offers work differently for each site and the type of free bet they are offering. For example, a free bet offered for an initial deposit will be loaded into your account instantly. If you have made a risk-free bet, you will be reimbursed if you lose.

Types of free bets

There are multiple types of free bets that online sportsbooks offer. This section will describe the types of free bets you may encounter when betting at Maryland sports betting apps.

Most of the following bets apply to new customers, but you can still take advantage of some offers even if you already have an account.

Risk-Free bets

Typically, only new customers can take advantage of risk-free bets. With a risk-free bet offer, the bettor places a bet at a sportsbook. If they win, they get the money as they normally would when using the sportsbook. However, if the bettor loses, the betting site will credit them for the amount of the bet.

In order to make a risk-free bet, you must first make a deposit. After you have loaded money into your account, you can then place your first bet.

If the bet loses, the sportsbook refunds the money you bet, but not in the traditional way. Instead, they offer a free bet worth the amount you bet the first time. Then you are free to make another bet. With this type of bet, you break even with each bet you lose until you finally win.

Matched Bets

Matched bets refer to a free bet up to the same amount as the first bet you placed. This type of bet is similar to a risk-free bet. With a matched bet, if the bet you placed loses, you can bet again using a free bet. And if the initial bet you placed wins, you still get the free bet.

Matched deposit

A matched deposit bonus is when the sportsbook offers to match your initial deposit. With these more generous offers, the sportsbook will likely be more strict with the playthrough requirements.

No deposit offers

With no deposit offers, you can bet for free. You don’t have to make a deposit, and you can still win money. Sports betting sites offer this type of promotion in hopes that you eventually make a deposit to continue playing.

No deposit offers are around ten to twenty dollars. This offer is not as simple as placing bets with the bonus offer and taking out your winnings if you win. With a no-deposit offer, you’ll have to play through it.

This means that you can’t take out the money you win until you get a certain amount. The money goes towards future bets, so you may have to play up to 15 times before you can take out your winnings. This type of free bet offer lets you try the site out before you deposit any money.

Money-back offers

Money-back free bets offer you your money back if your bet loses in a specific way. This usually means if the team you bet on lost in overtime, in extra innings, or after a certain amount of time played.

With this type of free bet offer, your sportsbook will give you your money back if your team lost in a certain way. So you won’t make a profit, but you won’t lose any money either.

How can I get free bets in Maryland?

sports-bonus-bag-odds

To claim free bet offers, you will likely have to sign up for and make deposits at Maryland online sports betting sites. Once you have an account, you can use promo codes to take advantage of free bet offers.

Online sportsbooks offer free bets on their websites and mobile apps, but you can also find bonus codes on third-party sites.

After signing up, or before signing up for a new online MD sportsbook site, check the promotions page for offers. There will most likely be a welcome bonus available as well as other promotions and loyalty offers.

Pros of free bets

The major pro of free bet offers is that they can help you make a profit when placing bets. It can be a challenge to beat the sportsbook, so taking advantage of free bet offers is a great way to get ahead.

Using free bet offers helps you use an effective betting strategy. For example, you can use these bonuses and promotions to double your initial bet or initial deposit, which can help turn the odds in your favor. Also, with risk-free bets, you can try out different sites before you choose one to deposit money into.

Cons of free bets

Some free bet offers are not what they seem. This is why it’s always a good idea to read the terms and conditions of any offers or promotions before you accept them.

Free bet offers are usually limited to one person per household. This way, one bettor can’t open up multiple accounts and use the offer over and over again. There are also age restrictions for free bet offers.

When accepting free bet offers, one thing to pay attention to is whether or not a bonus code is required. It is possible to lose out on a free bet just because you did not enter the bonus code. Free bet offers also expire if you don’t use them in time.

Another con is that some free bet offers have a large playthrough requirement, which means you have to place a lot of bets before you can take money out.

Restrictions of free bet bonuses

Every bonus and promotion offer has rules and restrictions. For example, when placing a free bet, the bet must be at a minimum odds level. There is usually also a time limit, and if you don’t place your bet in time, you will lose out on the bonus.

Your free bet must also be a straight wager. It can’t be a round-robin type of bet. Also, as mentioned before, you are limited to one offer per household. Another restriction for free bets is that you must verify your location. In addition, you must be betting in the state you reside in.

FAQ’s About Free Bets in Maryland

question
What are Free bets at MD sportsbooks?

Free bets are a form of bonus that has become increasingly common in Maryland. This means that you get a sum to place a free bet with. Free Bets are one of the most common bonuses you can use today.

Where can I get free bets in Maryland?

Several sites in Maryland offer free bets. The only thing you need to do to take advantage of a free bet is to register on a betting site and then, once inside the platform, make use of their bonuses.

What are wagering requirements, rollovers & play-through?

When you create an account and receive a deposit bonus, there is always something called a wagering requirement. This means that you must play through your bonus money with the gaming company a number of times before they are available for withdrawal.

What is the difference between Free Bets in Maryland and a Risk-Free Bet?

The only real difference is that with a Free Bet, you do not have to “stand” for the bet, but the sportsbook does. With a Risk-Free Bet, you are the one who stakes the bet, but you also get it back if the wager loses.

Risk-free bets in Maryland

Many legal sports bettings sites in Maryland advertise attractive offers to new customers. A very popular bonus for sportsbooks is risk-free bets in Maryland. Each betting site will have its own offer, and it’s important to know what to expect in order to make the most of your offer. In this review, we’re going to cover what you should know about risk-free bet offers through Maryland sportsbooks.

Best sportsbooks with Risk-Free Bets in MD 2022

CompanyBonusConsVisit
DraftKings Sportsbook Bet $5, get $200 in free bets
  • JOKERZINO
  • Multiple in-game bonuses
  • Great VIP program
Bet now DraftKings MD promo code
Fanduel Sportsbook Bet $5, get $200 in free bets Bet now FanDuel MD promo code
BetRivers Sportsbook Get up to $500 in free bets
  • JOKERZINO
  • Great bonus terms
  • Excellent loyalty program
Bet now BetRivers MD promo code
BetMGM Sportsbook Up to $1,000 First Bet Insurance
  • JOKERZINO
  • Free live streams
  • Multiple in-game promos
Bet now BetMGM MD bonus code
Pointsbet Sportsbook 2 Free Bets Up to $2,000
  • JOKERZINO
  • New special offer each day
  • Live same game parlays
Bet now Pointsbet MD promo
Caesars Sportsbook Up to $1,500 Free Bet bonus
  • JOKERZBETPICS
  • Get a $100 Free Bet win or lose
  • Or, get up to $1,500 in Free Bets
Bet now Caesars MD promo code

What are the best Risk-Free bet offers in Maryland?

money-bag-bonuses

All players must be 21 years of age and physically present in Maryland to place bets online. When signing up for a new sportsbook, players should keep an eye out for different promotions. Risk-free bet offers are one of the most user-friendly promotions, and these are some of the best sportsbooks in Maryland that offer them.

Fanduel

Fanduel Maryland offers one of the most attractive risk-free bet promotions for sportsbook betters in Maryland. They are allowing new members a risk-free bet of up to $1000. This is one of the highest offers for sportsbooks in the state. This promotion is available to anyone who is eligible to register with Fanduel.

What makes this offer so attractive to new members is that they can place a bet risk-free of up to $1000 and receive it back in site credit if they lose. The site credit can then be used for multiple bets. So, for example, if a member wages $1000 and loses, they can then split that $1000 credit into multiple smaller bets.

One of the other reasons why betters across Maryland prefer the platform is that they include both the stake and the winnings in their payouts. When it comes to Maryland sportsbooks, Fanduel has the best risk-free bet offer. They have even updated their app, so Android and iOS users can have the same experience they would on their desktop computers.

DraftKings

The welcome offers at DraftKing Maryland are often changing per season, but when they do offer risk-free bets, it’s very enticing. The risk-free bet can be used for bets up to $1000. While this is similar to what others are offering, many bettors claim that the interface and navigation for the platform aren’t as seamless.

While betters are eligible to get full reimbursement of up to $1000, this offer only qualifies for certain bets. All bets must be placed in a market that has odds greater than -300. However, there is a large selection of betting markets to choose from. Players can’t place bets that are too low on this offer, and the minimum bet is $5.

DraftKings is a trusted brand with many regular odds boosts, making their risk-free bets offer worth checking out. One thing that many members like about this site are that they can open one account to use for both a sportsbook and daily fantasy.

BetMGM

BetMGM Maryland encourages new users to sign up using a welcome code. This code will allow them a risk-free bet of up to $600. However, BetMGM’s offer is different from the previous sportsbooks that we have reviewed. If a player loses their bet, they will still receive a credit of what they wagered as long as it was over $50.

What happens is that the bet refunds will get distributed to your account as free bets in 20 % sums. If a player places a bet of the entire $600 and loses, BetMGM will give them 5 $120 credits. One thing all players should keep in mind is that the free bet credit won’t be included in their winnings.

PointsBet

PointsBet Maryland offers new members 2 separate risk-free bets that could be used for up to $2000. The first bet can be placed on any fixed odds market for up to $500. The second bet can be used for up to $1500 on one of the site’s “PointsBetting” markets.

While the amount wagered will be credited back to the account, players will lose their stake. In order to take advantage of this double sign-up offer.

Barstool

Barstool Sportsbook Maryland also offers a great risk-free bet sign-up offer for up to $1000. If a player doesn’t win their bet, the entire wager (as long as it doesn’t exceed $1000) will be credited back to their account. While the amount wagered will be credited back to the user’s account as bonus cash, it must be used on a bet before it can be withdrawn.

What is a Risk-Free bet?

questions-and-answers

Before getting into the different risk-free bet offers in Maryland, let’s discuss what exactly a risk-free bet is. A risk-free bet is a promotional offer that’s usually very simple for the player to take advantage of. When a sportsbook has a risk-free bet promotion running, that means they will refund the player up to a certain amount if they lose the bet placed.

A risk-free bet is one of the most popular welcome bonuses for new customers on most Maryland betting sites. Some betting sites only offer risk-free bets of a couple hundred, while others may offer more than $1000. This essentially means that the player doesn’t have to worry about losing anything, even if they don’t win the bet.

Always read the terms and conditions for your sportsbook to know how you receive your bonus in the case that you experience a loss. If a player does lose their bet of a certain amount, the sportsbook will refund their payment as either:

  • Site credit
  • Free bet
  • Bonus cash

Are all Risk-Free bets 100 % Risk-Free?

As attractive as this offer may be, it’s important to realize that your bet isn’t 100 % risk-free. Every sportsbook in Maryland has different rules regarding how these bonuses are handled. One thing to keep in mind is that a risk-free bet loss isn’t handled the same way as a win.

When a player signs up for the risk-free bets in Maryland promotion, and they win the bet, they can usually cash out right away. The same doesn’t go for the risk-free bet. A lot of websites offer a site credit, and the player may have to wait for it to appear in their account. This isn’t something they can cash out. They will need to win in order to get their cash back.

It’s always important to remember that no matter how attractive that offer is, it’s never actually risk-free. If a player uses their credit on another bet and loses, they will not receive any money back. Likewise, no promotion can guarantee a win.

Is Risk-Free bet offers worth it?

Now that you’re aware that you aren’t guaranteed your money back with a risk-free bet, you may be wondering if they are worth it. If you are planning on joining a Maryland online sports betting site, then risk-free bets are worth your time. This is because they give players a second chance. If you lose the first bet, you know you can take another shot at it without paying twice.

This type of offer does give players a better chance at seeing a win because 2 bets have better odds than 1. However, while there are many great promotions aimed at new players, most players prefer risk-free bets because it was a second bet they were planning on using anyway.

FAQ’s About Risk-Free bets Maryland

questions-and-answers
What is a good Risk-Free betting strategy in Maryland?

Players will have to keep their eyes open for a good risk-free bet strategy that allows them to bet on both sides of the wager. If you pay attention to the lines of competing sportsbooks, you may find an arbitrage situation that allows you to come out on top. This does require players to use more than one Sportsbook and take advantage of their boosters.

What happens if I don’t use the Risk-Free bet right away?

Every MD sports betting operator will have an expiry date with their bonus offers. Always make sure you can use the offer within the timeframe before committing to the offer. If a player doesn’t use their reward in time, they will likely lose it.

How does a Risk-Free bet work?

A player will place a bet on a qualifying market. If they win the bet, the money will be available in their account, where they can withdraw it. If they lose, they will have that sum in credits to place another free bet.

Will I get my stake back on Risk-Free bets in Maryland?

This will depend on what site you are registered with. In most cases, if you are given site credit, you should be able to win your stake back. However, free bets usually only allow the winner to withdraw their profit.

Do I have to use the full amount for a Risk-Free bet?

Members will not be required to bet the full amount that their risk-free bet offers. However, some sites will have a minimum payment amount. For example, if you sign up to a site that offers a $1000 risk-free bet offer, you can still place a smaller bet of $200.