If you are on the hunt for fast-paced betting action, it doesn’t get much better than live betting in Maryland! Read our full guide and find out all you’ll need to know about live betting in MD state 2021.
In-Play Betting Maryland
Allowing you to place wagers on games while they are in-play. It’s not hard to get hooked on everything that live betting brings to the table in Maryland – especially if you like the thrill of cashing out wagers without having to wait until the game ends.
Of course, it would be a bad idea to jump feet first into the deep end of live odds betting without having a better feel for everything. That’s why we put together this detailed guide. Let’s get right into it, shall we?
Best sportsbooks in Maryland for Live Odds
Now that we run through some of the ins and outs of why you might want to get into live betting Maryland opportunities let’s break down some of the best sportsbooks in the state for you to play on.
BetMGM Maryland Live Odds
MGM is a legendary name in the online sportsbook world, one of the most trusted gambling houses on the planet, and a company you know is totally legit – and one you can trust to pay you out when you win, too.
Their live betting online platform also happens to be one of the most polished in the industry, giving you plenty of options and opportunities to not only bet on games. In contrast, they happen but live stream the action through their online interface, too.
PointsBet MD Live Bets
This is another industry leader in the live odds world, with a lot of people preferring the live betting basketball and live betting casino options that this platform brings to the table. You’ll definitely want to have a closer look before you start searching elsewhere!
DraftKings MD Live Betting
Legends of the Daily Fantasy Sports (DFS) and traditional sports betting world, DraftKings also has a really robust, easy-to-use, and fun to follow along with live betting sports platform as well. The options here for different kinds of wagers are somewhat limited, though. So make sure you know that going in!
FanDuel Maryland Live Betting
The FanDuel live odds betting experience is almost identical to the DraftKings one, though they do have a couple of really cool features (like their live betting parlays) that helps separate them from the rest of the pack).
Barstool Sportsbook MD – Live Betting
Barstool is still the new kid on the block when it comes to live betting Maryland options, but they are growing and developing their capabilities really fast. So don’t be surprised if this is the premier live odds platform in another year or two, especially since it’s already so much fun to play on right now!
What is Live Betting, anyway?
Right out of the gate, it’s important to make a distinction between the live betting Maryland sportsbooks love to offer and “in-game” betting which sounds quite similar but is pretty different in a significant way.
Live odds and live betting basically gives you an opportunity to place wagers in real-time while the game is actually going on. In-game betting (traditionally) revolves around the kinds of wagers that can be placed until the next big break in the action – a major timeout, commercial break, or an actual break for the players on the field.
Live betting is a lot more active, with lines and odds constantly moving and shifting. However, it also opens up an almost endless amount of opportunities for live odds betting since there’s always something happening in the game you can throw some money on.
Better understanding Live Betting odds in MD
Of course, the last thing you want to do is get into live betting football, live betting basketball, or live betting sports in general without knowing exactly what you are up against when it comes to the odds.
Each and every live betting Maryland sportsbook has its own odds that are unique to them (even if they are generally in the same ballpark as everyone else), and these odds are almost always a result of their own proprietary odds algorithms.
The important thing to understand about this style of betting, though, is that the odds can change on a moment-by-moment basis. This is why you really have to focus on what the odds are as you place your wager, not what they were when you first considered getting money down on the game.
This is something that tanks more players than anything else and something that can really siphon from your bankroll if you’re not careful with it.
Live betting on horse races and live odds golf offer slightly slower-paced changes just because the action isn’t quite as lightning-fast (there are breaks in between most spurts of action), but they are still going to change faster than you are likely expecting right out of the gate.
Keep an eye on live odds, or you’ll lose money faster than you thought possible!
Benefits of Live Betting on Sports in Maryland
A big part of the popularity of this style of gambling has to be the nonstop action, the endless opportunities to place wagers so that players always feel like they are in the thick of it.
There are other benefits to living betting on sports as well, benefits like the ones we highlight below.
Grab value when the Live Odds move
Pregame odds might not be the prettiest thing in the world for different games (like Baltimore Ravens and Pittsburgh Steelers games, for example). Still, as soon as the action starts, the lines are going to shuffle and change all the way through the game – and that gives you an opportunity to grab value when they move in your direction.
If you’re really on the button and watching these kinds of odds closely, you can jump in on live betting football and clean up just by playing a handful of strategic wagers a game.
It’s something to try, anyway!
Cash out winnings before the game ends
Another reason so many people love to play around with live betting lines is that they have a chance to get almost immediate payoffs (or lose their wager), with nearly real-time feedback instead of having to wait around for a game to finish.
There’s nothing worse than putting money down on a Ravens game Friday night, waiting until Sunday for them to play, and then waiting 2 ½ (or more) hours for the game to finish just to figure out whether or not you’re a winner.
With live betting football action, you can put a wager down on whether or not Jackson is going to throw, run, or hand the ball off on the very next play – and either win or lose your wager almost instantly.
That’s a real thrill!
Go with your gut while watching the action unfold
Finally, you don’t have to have an inside line on the best live odds in the business to clean up with these kinds of wagers like you might with more traditional betting.
Instead, you’re going to be able to “go with your gut,” zero in on the momentum of the game, and figure out whether or not you should be putting money into the match or leaving it for another time – something you can’t do when you pump your money into a game before it starts.
Drawbacks of Live Betting on sports
This isn’t to suggest that live betting Maryland options are all upside and no downside, though. Live Bets are (Sometimes) Heavily Regulated You may have a tough time finding the right platform to jump into with live odds (but we help you zero in on some great Maryland sportsbooks below).
Not all games have Live Betting odds available
Not every game or match is going to have live betting sports capabilities built right in. Some games you’re going to have to bet “straight up.”
Some online books are slower to update (making live betting tough)
If the interface or infrastructure of the sportsbook you use isn’t really dialed in, the chances are pretty good it’s going to be slow on the uptake – and you’re going to have a lot less time to place live bets that can actually pay off.
FAQ’s About Live Betting Maryland
Are live bets just like prop bets?
Some of the live bets you can place are going to be a lot like prop bets, though there are other different styles of wagers you can place (including parlays), too.
Should I live bet on certain sports versus others in MD?
Games with lots of action (like football, basketball, and baseball) are great for live odds betting in Maryland, but other sports – like horse racing, golf, and tennis – are fantastic options as well.
What happens if I don’t get my live bet fast enough in Maryland?
If you aren’t able to “lock-in” your bet before the timer closes, you just won’t be able to place that specific bet. Don’t worry, though. Another opportunity is going to come around almost immediately afterward – and you can get in on that action for sure!
Should I bet on games I can’t get a live stream of in MD?
It’s very difficult to live bet on games and sports that you aren’t able to get a live stream of, sporting events that you can actually watch live with your own two eyes. You’ll never have your finger on the pulse of what’s happening in the game without this kind of information.
My bet was suspended, what’s that all about?
Sometimes there are huge shifts in a game that cause lines to go crazy (usually when a star player gets injured, for example). In this eventuality, different sportsbooks may decide to pause live betting (and all gambling in general).
It’s not impossible to have happened, but it is still pretty uncommon – and it just means you won’t be able to place wagers again until adding is reinstated.