If you’re a fan of motorsports, you’re not alone. According to 2020 statistics released by Nielsen, 65 million people call themselves Nascar fans. In the same year, the average TV audience for Formula 1 races was 87.4 million. And that’s just the tip of the iceberg with motorsports.
Now, it’s becoming even more exciting to be a motorsports fan with the legalization of motorsports betting in several states, including Maryland. Here’s everything you need to know about motorsports betting in Maryland — and how to get started today.
Guide to betting on Motorsports in Maryland
Vroom-vroom. The variety of motorsports betting in Maryland will get your motor running right away, with various options for both betting virgins and the more experienced.
Everything is covered with MD sportsbooks, from Nascar and motorcycle racing to the fast-paced world of Formula One. So start your engines, Maryland bettors.
Best Motorsports betting sportsbooks in Maryland
Here are a few of the top sportsbooks to consider using for motorsports betting.
Draftkings Motorsports – MD
Flawlessly designed and fun to use, the Draftkings sportsbook is one of the most popular. It also gets high marks for its mobile app and the variety of sports offered.
Draftkings regularly cover both Formula One and Nascar betting, including futures betting and qualification bets.
Fanduel Maryland Motorsports
Ranking right up there with Draftkings for its variety of sports offerings, Fanduel is prized for its array of betting bonuses and engaging web interface.
Fanduel’s racing section is impressive, offering a rundown of the best bets of the day and highlighting multiple motor racing series, including the Truck Series and Xfinity Series.
BetMGM MD Motorsports
An innovator of online sportsbook, BetMGM features an especially intuitive web interface that’s perfect for first-time bettors.
Its help section is also particularly helpful, with explainers for both general betting and overviews of motor racing rules.
Pointsbet Maryland Motorsports
Pointsbet offers an interesting alternative for placing bets called Points betting, which uses sports spread odds, but there are all of the traditional bettings that users love as well.
Its motorsport section is organized well and uncluttered, featuring easy-to-navigate sections for Formula 1 and several different Nascar series, broken down by driver odds.
Barstool Sportsbook – Motorsports MD
A relative newcomer to the sportsbook scene, Barstool still offers a comparable sportsbook experience, with great bonuses and fun betting options within motorsports, including motorcycle racing.
Motorsports available to bet On
Which is your favorite type of motorsport? Chances are you’ll be able to bet on it in Maryland. Here are a few of the popular options:
Formula 1, also called Formula One, features what’s considered the world’s top auto racing. Races take place worldwide, with a season that runs from March through November. There are about 20 races that take place during a season.
Popular races to bet on within Formula 1 include manufacturer championships (including Ferrari and Mercedes-Benz), driver’s championship, and the American Grand Prix.
Nascar has a rabid fan following the biggest motorsports imprint in America, with a reason that runs almost year-round, from February to November. The Nascar Cup series usually features about 36 races over 10 months.
Nascar is actually an acronym, technically NASCAR, standing for National Association for Stock Car Auto Racing.
IndyCar races take place throughout the United States and Canada, which is why it is often tagged with the moniker of “Formula 1 of North America.” Two manufacturers make the cars featured in IndyCar: Honda and Chevrolet.
Motorcycling racing gets its own showcase with MotoGP, which features a March-November season and most races taking place in Europe, especially Spain. Bikes are provided to teams by several different motorcycle manufacturers.
Other popular motorsports to bet on include the 24 Hours of Le Mans, the Indy 500, the World Rally Championship, and more.
How to get started betting on Motorsports
Pick a sportsbook with Motorsports
Most major in-person and online sportsbooks feature a variety of motorsports betting action. The first step: find a sportsbook that’s best for you and your betting needs.
Review a sportsbook’s complete motorsports offerings throughout the year, read through user reviews, and check on the bonuses offered, especially bonuses used to promote motorsports racing.
Join the sportsbook
Once you’ve made a sportsbook choice, you can join one by registering online and submitting your information for approval. Be sure to take note of any promo codes sent to you during online registration.
Many sportsbooks online offer sign-up bonuses, or welcome bonuses, just for registering, including deposit matches, free bets, cash rewards, and risk-free bets. You can start betting right away. To make your picks online, you’ll use an online betting slip, generally highly visible on each online sportsbook’s homepage.
Motorsports betting options
There are many forms of betting on motorsports available in Maryland. Here are some of the most popular.
The most popular motorsports bet a to-win bet means you pick the person who will run the race. This type of bet applies to all types of racing structures and only takes into account the finish, not how many laps your pick is ahead or behind on.
To-win bet winnings rely on the odds connected to a driver by the sportsbook when you place your bet, either right before a race or ahead of time. Motorsports’ odds place a number relative to whether a racer is the favorite or underdog. This is a type of bet called a money line bet.
For example, if you bet $100 on a favorite with -110 odds, you’d get a profit of $90.91. The odds net to a driver gives you an idea of what you will get paid out if your pick wins.
Stage Winners Bets
In many racing formats, especially Nascar, there are multiple stages within one race, with leaders noted for each stage before the final stage that finishes a race.
With a stage winner bet, you can wager on who the different stage winners may be, usually for the first two stages of the typical three-stage Nascar race.
If you’re hesitant to bet on one driver to take all, matchup bets let you decide between two drivers of a race and pick which one will perform better overall than the other.
Your pick doesn’t necessarily need to finish first in a race — just place better than the person they’re paired with. The type of bet is available for most of the year’s major races, including the Indy 500 and Daytona 500.
Pole Position Bet
With pole position betting, you’re betting on who will have the pole position, the driver who will start first during a race. This is determined by who has the fastest qualifying time. This bet relies on odds as well, like money line bets.
General info on sports betting in Maryland
In November 2020, Maryland joined the pack of other states in America whose citizens voted to legalize sports betting.The bill was signed into law in Maryland in May 2021.
In the state, you must be at least 21 years old to bet on sports and must be a legal resident of Maryland.
When registering with sportsbooks, you must provide personal information and have material that verifies your identity, such as photo identification and a form that shows your official address, such as a utility bill. Legal sports betting in Maryland takes place in locations that are licensed and overseen by the state.
There are also online sportsbooks and mobile apps that Marylanders can also use, and these are typically connected to a larger gambling institution or company.
Maryland has provisions in its sports betting bill that allows for up to 60 of these types of companies to operate in the state.
FAQ’s About Motorsports Betting in Maryland
Can I Use More than One Sportsbook at a Time?
Yes, and several people do, especially those with extensive betting experience. Some sportsbooks may offer more of a variety than others, better motorsports odds, or more bonus incentives.
However, many first-time bettors often try their luck with one sportsbook at a time, just to get the hang of things before potentially balancing several sportsbooks at a time.
How Do I Make Deposits and Withdrawals?
Every sportsbook offers multiple methods for making deposits and withdrawals.
Typical options for making deposits include PayPal; cash at the cage; ACH/e-check; Skrill; Neteller, prepaid cards, PayNearMe, debit and credit cards; bank wire transfer; and cryptocurrency.
Popular options for withdrawals (cash-outs) are ACH/e-check; PayPal; prepaid card, check by mail; Neteller, Skrill, cash at the cage.
Can I Bet Live?
On many sportsbooks, yes, especially with motorsports.
Live betting allows you to place or adjust wagers during the course of a race, not just before the race begins. It’s an exciting way to take advantage of the unpredictable nature of auto racing.
Is it Riskier to Bet on Motorsports Compared to Other Sports?
Not at all. While some elements of motorsports are more unpredictable than other sports, the variety of betting options and bonuses makes motorsports racing on par with betting on other sports, including football, soccer, and basketball.
Can I Get a Bonus for Referring a Friend?
Yes, on many of the sportsbooks.
With a referral bonus, when you refer a friend, and they make their first deposit and bet, you both will get an amount of free or risk-free betting deposited into your account. It can be as high as $500 for each